Jammu & Kashmir Bank Ltd. · NSE:J&KBANK
Jammu & Kashmir Bank — The Jammu & Kashmir Bank — FY2025 Earnings Presentation
32 slides from Jammu & Kashmir Bank's earnings presentation, May 6, 2025
Slide 1: Exchange filing cover letter for conference call presentation
Jammu and Kashmir Bank Limited Corporate Headquarters T +91 (0)194 248 3775 W www.jkbank.com M A Road, Srinagar 190001 F +91 (0)194 248 1928 E board.sectt@jkbmail.com Kashmir, India CIN: L65110JK1938SGC000048 Board Secretariat Ref:-JKB/BS/F3652/2025/032 Date: 06th May, 2025 National Stock Exchange o
Slide 2: Investor Presentation for Quarter and Financial Year Ended March 31, 2025
Investor Presentation for Quarter and Financial Year Ended March 31, 2025 5/6/2025 1
Slide 3: Disclaimer
Disclaimer The Jammu and Kashmir Bank has created this presentation exclusively for general informational reasons, disregarding any individual's informational demands, financial circumstances, or special goals. Except for the historical information contained herein, statements in this presentation t
Slide 4: Jammu and Kashmir Bank Limited – Oldest Private Sector Bank in India
Jammu and Kashmir Bank Limited – Oldest Private Sector Bank in India • Jammu and Kashmir Bank Limited, was incorporated on October 1, 1938 260365 and today caters to a wide range of customers including retail, corporate, 241838 244733 (₹ CRORE ) 235923 agricultural, and MSME. 236552 111797 • Widespr
Slide 5: Journey of 8 Decades
2021-2025 Journey of 8 Decades ▪ Global CSR Excellence & Leadership Award ▪ Top Banker Award for PMEG ▪ Total Business crossed ₹ 2.5 lakh crore in Fiscal 2025 Listing on Stock 2000s with Advances crossing ₹ 1 lakh crore Exchanges ▪ Hat-trick of record lifetime Annual Net Profit with ▪ Licensed Statu
Slide 6: Interest Earnings and Advances Mix
Interest Earnings and Advances Mix 12,536 Gross Advances Mix – March 31, 2025 3.5% 11,212 3.0% 33.1% 21.3% 9,355 20.2% 66.9% 3.1% 8,013 4.0% 22.1% 20.9% Corporate Advances Retail Advances 75.2% 76.8% Gross Advances Mix – March 31, 2024 74.8% 75.1% 32.6% 67.4% FY2021-22 FY2022-23 FY2023-24 FY2024-25
Slide 7: FY 2024-25 Performance
FY 2024-25 PERFORMANCE Q4 Q3 Q4 FY FY Particulars FY 2023-24 FY 2024-25 FY 2024-25 2023-24 2024-25 Net Interest Income 1306.12 1,508.68 1479.99 5203.69 5793.82 Other Income 224.56 242.32 404.31 825.48 1136.81 Operating Expenses 866.85 1,002.89 1084.28 3752.29 4000.84 Operating Profit 663.83 748.11 8
Slide 8: FY2024-25 Performance at a Glance (YoY)
FY2024-25 Performance at a Glance (YoY) Profitability Growth Capital Adequacy Asset Quality NIM Deposits Tier I GNPA (%) (Annualized) ₹ 1,48,569 crores 13.96% 3.37% 3.92% Up 10.2% (was 13.09%) (was 4.08%) (was 3.92%) PAT Net Advances CET 1 NNPA (%) ₹ 2082 crores ₹ 1,04,199 crores 12.95% 0. 79% Up 17
Slide 9: FY 2024-25 – Key Financial Ratios
FY 2024-25 – Key Financial Ratios Cost of Deposits (%) Cost of Funds (%) 4.75 4.86 4.57 4.70 3.79 3.92 3.65 3.76 FY2021-22 FY2022-23 FY2023-24 FY2024-25 FY2021-22 FY2022-23 FY2023-24 FY2024-25 Yield on Advances (%) Yield on Investments (%) 9.54 9.56 6.68 6.80 8.91 8.32 5.89 5.53 FY2021-22 FY2022-23
Slide 10: FY 2024-25 – Key Financial Ratios
FY 2024-25 – Key Financial Ratios Return on Assets (%) Return on Average Networth(%) 1.32 1.22 18.01 17.37 0.89 15.23 0.42 7.77 FY2021-22 FY2022-23 FY2023-24 FY2024-25 FY2021-22 FY2022-23 FY2023-24 FY2024-25 Earnings Per Share (Rs.) Book Value Per Share (Rs.) 18.91 16.80 118.18 99.59 12.43 80.70 75.
Slide 11: Key Strengths of the Bank
Key Strengths of the Bank 1 Strong legacy, loyal customer base and an established brand with over 85 years of operations 2 Strong presence in fast growing region of J&K and increasing presence in other strategic regions 3 Healthy mix of retail in overall advances mix with focus on MSME and agricultu
Slide 12: Strong presence in JKL Region and increasing presence across India
Strong presence in JKL Region and increasing presence across India Branches in 878 J&K and Ladakh (JKL) Urban, 10.9%, Branches 141 outside JKL Semi Urban, Branch Distribution Rural, 16.3%, Network 54.4%, 1424 ATMs Metro, 18.4%, 22 States / UTs ROI, 12.1%, ROI, 32.7%, Gross Total Advances Deposits JK
Slide 13: Improving digital presence
Improving digital presence Bank achieves a digital milestone : Over 90% of transactions now digital 92.46% digital transactions in FY 2024-25 Credit Card Users Debit Card Users 128113 (In Lacs) 117847 82327 48.57 78050 43.07 34.62 38.58 MAR-22 MAR-23 MAR-24 MAR-25 MAR-22 MAR-23 MAR-24 MAR-25 UPI Use
Slide 14: Professionally managed Bank with experienced Senior Management and Board of Directors
Professionally managed Bank with experienced Senior Management and Board Of Directors MR. AMITAVA CHATTERJEE (MD & CEO ) MR. SANKARASUBRAMANIAN KRISHNAN •Illustrious career in banking spanning over more than three decades in diverse •Veteran Banker with more than 4 decades of experience, including t
Slide 15: Key Strategies
Key Strategies Focus on improving asset quality and maintaining NPA levels and avoiding slippages Emphasis on retail, agriculture and MSME segment Increase CASA Deposit Base and reduce cost of funds Continue our investments in technology to support our digital banking and reduce the cost Expand beyo
Slide 16: Condensed Profit And Loss Account
Condensed Profit And Loss Account Change Q4 Q3 Q4 Change YoY Change QoQ FY FY YoY Particulars FY 2023-24 FY 2024-25 FY 2024-25 (%) (%) 2023-24 2024-25 (%) Interest Earned 2910.18 3,206.08 3211.85 10.4 0.2 11,212.37 12535.86 11.8 Interest Expended 1604.06 1,697.40 1731.86 8.0 2.0 6,008.68 6742.04 12.
Slide 17: Condensed Balance Sheet
Condensed Balance Sheet Particulars Mar 31, 2024 Dec 31, 2024 Mar 31, 2025 Capital & Liabilities Capital 110.13 110.13 110.13 Reserves and Surplus 12,125.55 13,723.59 14,141.81 Deposits 1,34,774.89 1,40,947.14 1,48,569.46 Borrowings 2,885.00 2,383.92 2,382.84 Other Liabilities and Provisions 4,631.0
Slide 18: Turnaround Story with Decadal High PCR and improvement in asset quality
Turnaround Story with Decadal High PCR and improvement in asset quality Gross & Net NPA (%) Provision Coverage Ratio (%) 8.67 91.58 90.28 6.04 GNPA 4.08 NNPA 86.20 2.49 3.37 84.26 1.62 0.79 0.79 Mar-22 Mar-23 Mar-24 Mar-25 Mar-22 Mar-23 Mar-24 Mar-25 Gross Slippage Ratio (%) Credit Cost (%) 10.84 0.
Slide 19: Interest Expenditure and Operating Expenditure
Interest Expenditure and Operating Expenditure 4,001 6,742 3,752 4.5% 3,593 3,644 6,009 867 30.5% 5.4% 25.6% 25.8% 31.4% 4,610 4,102 5.6% 4.9% 95.5% 94.6% 74.4% 74.2% 69.5% 94.4% 68.6% 95.1% FY2021- FY2022- FY2023- FY2024- FY2021- FY2022- FY2023- FY2024- 22 23 24 25 22 23 24 25 Other Interest Expens
Slide 20: Key Ratios and Performance Indicators
Key Ratios and Performance Indicators Particulars Q4 FY 2024 Q3 FY 2025 Q4 FY 2025 FY 2023-24 FY 2024-25 Profitability Net Interest Margin (%) - Annualized 3.77 4.04 3.88 3.92 3.92 Operating Profit (₹ crore) 663.83 748.11 800.02 2,276.88 2,929.79 Profit after Tax (₹ crore) 638.67 531.51 584.54 1,767
Slide 21: Capital Adequacy Ratios
Capital Adequacy Ratios Mar 31, 2024 Dec 31, 2024 Mar 31, 2025 Particulars Capital Adequacy Ratio Risk Weighted Assets 16.29 15.39 15.33 Credit Risk 82,325 85,733 89,102 Market Risk 1,807 88 49 13.23 Operational Risk 8,896 9,937 9,937 13.96 13.09 Total Risk Weighted Average 93,029 95,758 99,088 12.3
Slide 22: Asset Quality | Categories of Advances
Asset Quality | Categories of Advances March 31, 2024 March 31, 2025 Category Amount % of Gross Advances Amount % of Gross Advances Standard 93,026 95.92 1,03,380 96.63 Sub-Standard 427 0.44 465 0.43 Doubtful 2,750 2.84 2,489 2.33 Loss 779 0.80 651 0.61 Gross Advances 96,982 100.00 1,06,985 100.00 %
Slide 23: Asset Quality | Movement of Gross NPAs
Asset Quality | Movement of Gross NPAs FY FY Particulars Q4 FY 2024 Q3 FY 2025 Q4 FY 2025 2023-24 2024-25 Opening Balance 4,526 3,916 4,041 5,204 3,956 Additions during the period 325 322 198 1,112 953 Upgradations during the period 171 88 93 903 368 Write off (including TWO) 520 1 330 529 349 Compr
Slide 24: Sector-Wise Credit Deployment and NPA (As of March 31, 2025)
Sector-Wise Credit Deployment and NPA (As of March 31, 2025) Sector Gross Advances Exposure (%) Gross NPA GNPA (%) Personal Finance 40,652.37 38.00% 327.72 0.81% Infrastructure 11,699.54 10.94% 168.65 1.44% Trade 11,382.61 10.64% 779.29 6.85% Financial Markets 11,164.02 10.44% 488.90 4.38% Agricultu
Slide 25: Gross Advances Mix Trend
Gross Advances Mix Trend 91,727 88,402 1,06,985 86,156 4.7% 82,035 96,982 79,113 3.8% 10.9% 86,156 8.0% 3.2% 9.5% 75,242 8.4% 9.7% 5.2% 10.4% 11.0% 11.6% 8.2% 6.9% 11.5% 10.2% 7.8% 5.9% 9.0% 8.5% 19.6% 20.9% 20.9% 23.8% 38.2% 38.0% 37.0% 37.2% Mar-22 Mar-23 Mar-24 Mar-25 Others 3901 2729 3699 4997 I
Slide 26: Consistently growing deposit base with best-in-class low-cost retail CASA
Consistently growing deposit base with best-in-class low-cost retail CASA 1,48,569 1,34,775 1,22,038 1,14.710 53.0% 49.5% 43.4% 45.9% 44.0% 42.6% 39.5% 36.1% 12.6% 11.5% 11.0% 10.9% Mar-22 Mar-23 Mar-24 Mar-25 Term Deposits 49836 56020 66702 78726 Savings Deposits 50477 52025 53249 53604 Current Dep
Slide 27: Investments Profile
Investments Profile 41,213 34,829 34,987 33,835 64.1% 69.0% 77.0% 83.1% 3.29 3.17 2.26 34.4% 1.93 30.9% 23.0% 16.9% Mar-22 Mar-23 Mar-24 Mar-25 HTM 23356 26801 29070 26405 Others 0 0 0 608 Duration of Investments (In years) AFS 10449 8027 5916 14175 HFT Mar-22 Mar-23 Mar-24 Mar-25 30 1 1 25 5/6/2025
Slide 28: Asset Quality | External Rating of Corporate Advances
Asset Quality | External Rating of Corporate Advances (As on March 31, 2025) Rating No. of Borrowers Outstanding Amount Percentage (%) AAA 29 21,399 68.8 AA 16 3,325 10.7 A 14 1,723 5.5 BBB 20 1,503 4.8 BB & Below 171 2,668 8.6 Unrated Borrowers (Due to be rated) 22 475 1.5 Total Eligible for Rating
Slide 29: Asset Quality | Restructuring of Advances
Asset Quality | Restructuring of Advances (as on March 31, 2025) Standard NPA Total Sector BOS Provisions BOS Provisions BOS Provisions Manufacturing 195.76 19.60 239.93 213.67 435.69 233.28 Services 180.30 16.62 186.53 147.86 366.83 164.48 Trade 40.12 5.76 238.75 219.19 278.87 224.95 Real Estate 57
Slide 30: Awards and Accolades
Awards and Accolades Best Bank for creating awareness among MSMEs SKOCH Gold Award for Runner-Up in Best MSME Bank (Private Sector) at MSME Corporate Governance at 100th (Private Sector) at MSME Banking Excellence Awards - SKOCH Summit Banking Excellence Awards - 2024 2024 Outstanding Performance Pl
Slide 31: Shareholding Information
Shareholding Information No. of Shares held as No. of Shares Shareholding Pattern as on % to % to Change Particulars on Capital held as on Capital YoY Mar 31, 2025 Mar 31, 2025 Mar 31, 2024 Promoters – Governments 2.29% 5.72% 65,40,98,280 59.40 65,40,98,280 59.40 - 3.88% of UTs of J&K and Ladakh 7.6
Slide 32: Thank You
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