Jana Small Finance Bank Ltd · NSE:JSFB
Jana Small Finance Bank — Q1 FY2026 Earnings Presentation
31 slides from Jana Small Finance Bank's earnings presentation, Jul 22, 2025
Slide 1: Investor Presentation Q1'FY26
Investor Presentation Q1’FY26 22nd July 2025 Jana SFB applied Jana for SFBUniversal turned 7 Bank on 28application to RBI on 9th June 2025 th March 2025
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Jana Small Finance Bank (the “Bank”) and no part of it shall form the basis of or be relied upon in connection with an
Slide 3: National franchise with strong brand recognition
National franchise with strong brand recognition 809 Outlets; Presence in 23 States and 2 UTs New Branch launch during FY261 New Products launches No of branches TAMIL NADU 12.5% MAHARASHTRA 11.7% ODISHA 11.0% 25 MADHYA PRADESH 10.9% 20 KARNATAKA 17 7.9% GUJARAT 7.8% 8 RAJASTHAN 6.1% WEST BENGAL 5.9
Slide 4: Resilient Performance in Q1 with Positive Traction in Key Levers
Resilient Performance in Q1 with Positive Traction in Key Levers • Secured Assets – All engines firing Revenue – Asset to grow expect 35% to 40% with margins steady. Credit costs – No surprises. In line with expectations Costs – Nominal growth - Used car and Gold staff. Productivity improvement in r
Slide 5: PAT at Rs 102 Crs post accelerated provisioning of Rs 150 Crs
PAT at Rs 102 Crs post accelerated provisioning of Rs 150 Crs Particulars Q1 FY25 Q4 FY25 Q1 FY26 Regulatory Provision 142 76 46 Accelerated Provision 54 97 150 PBT 160 120 102 DTA (10) (4) - PAT 171 123 102 Adjusted PAT1 214 217 252 Adjusted RoA2 2.64% 2.47% 2.64% Adjusted RoE2 23.37% 21.43% 23.70%
Slide 6: Reiterate advances growth of 20% for the year
Reiterate advances growth of 20% for the year • Advances1 growth of 16% y-o-y and 1% q-o-q to Rs. 29,930 Crs vs. Banking sector ~9.5% y-o-y • Secured growth rate of 36% y-o-y and 6% q-o-q (excluding Loan against FD) • MSME Q-1 planned exits, on track for more than 20% annualised growth • Gold - 29%
Slide 7: Secured
Affordable Housing and Micro LAP crosses AUM of 12,000 Crs; Secured growth @ 6% excluding ODFD Average Advances1 Advances1 Category of Advance1 AUM Ticket Size Growth Growth GNPA3 NNPA3 LTV4 (As at June 30, 2025) (Rs. Mn) 2 y-o-y q-o-q Affordable Housing 6,535 1.21 37.9% 6.5% 1.2% 0.9% 50.8% Micro L
Slide 8: Secured loan crosses 70% and on track to 80% with geographic diversification maintained
Secured loan crosses 70% and on track to 80% with geographic diversification maintained Moving towards 80% secured Top 3 states 39%. No concentration Maharashtra Tamil Nadu Karnataka Gujarat Secured Advances1 (Rs. Crs) Madhya Pradesh Rajasthan Uttar Pradesh Others 21,244 20,633 35% 33% 34% 33% 69.8%
Slide 9: Bring Your Bank Home
Bring Your Bank Home Home Loan leading to Anchor Bank with Multiple Product Offerings and Special Benefits Two Wheeler loans • Pre-approved Two Wheeler loans Pre-approved Business Loan • 100% funding to the vehicle value • Additional Pre-approved line upto Rs. 5 lakhs available • Lower Processing fe
Slide 10: Anchor Bank Positioning for a Stronger Tomorrow
Anchor Bank Positioning for a Stronger Tomorrow #Average CASA Penetration TD/RD Penetration Health Insurance Penetration Relationships 99% 99% 20% 92% 91% 18% 3.9 3.6 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Gold Penetration Preapproved Business Loan TWL Penetration CASA AMB B
Slide 11: MFI – Portfolio reduced in Q1 as collections focused
MFI – Portfolio reduced in Q1 as collections focused Product Wise Digital y-o-y q-o-q Jun-25 ATS2 GNPA3 NNPA3 PCR Advances1 Payment Growth Growth Individual Loan 5,048 44.8% 51,205 (3.4%) (3.0%) 1.5% 0.8% 44.7% - Agri 1,488 32.0% 48,706 28.8% (3.9%) 0.6% 0.2% 63.7% - Non Agri 3,560 50.5% 52,328 (12.
Slide 12: Reiterate deposit growth at 20%. Liquidity position easing
Reiterate deposit growth at 20%. Liquidity position easing with cut in deposit and SA rates. Surplus at Rs 2,519 Crs • Deposits growth of 24% y-o-y and 1% q-o-q to Rs. 29,426 Crs vs. Banking sector deposits growth of ~10% • CASA growth of 8% y-o-y to Rs. 5,233 Crs • Term Deposits growth of 28% y-o-y
Slide 13: CD ratio at 94.6% and 83.9% including refinance
CD ratio at 94.6% and 83.9% including refinance Top 3 states 34%. No concentration Particulars Jun-25 Mar-25 Jun-24 q-o-q (%) y-o-y (%) Karnataka Maharashtra Punjab West Bengal CASA1 5,233 5,235 4,846 0.0% 8.0% Tamil Nadu Delhi Uttar Pradesh Others TD 24,193 23,884 18,863 1.3% 28.2% Total Deposits 2
Slide 14: Deposits – Underserved on Service and Price
Deposits – Underserved on Service and Price Optimize Distribution network –Mobilize Low-cost, stable retail deposits. Build momentum on CASA acquisitions No of Branches Avg. CASA Book per Branch Avg. Deposit Book per Branch (in Crs) 12.5 (in Crs) 338 311 79 102 58 1.9 1.4 10 8 8 0.9 < 1 year 1 - 3 y
Slide 15: Digital Highlights Digital Channels
Expanding Digital Footprint Jana Digitization 90% + Digital Uptake 98 % 99% 99% Digital Highlights Digital Channels Banking transactions Loans are Digitally Sales force use are Digital processed TAB/Mobile Key Highlights Merchant QR 27,276 QR Codes Installed across merchants Continued to be the top
Slide 16: Highlights q-o-q – CAR steady @ ~20%
Highlights q-o-q – CAR steady @ ~20% Assets Liabilities Asset Quality Capital Quality Return Ratios P&L Metrics Rs. 29,930 Crs Rs. 29,426 Crs 2.8% Rs. 403 1.1% Rs. 102 Crs 1.3% 1.0% [2.5%] [Rs. 392] [1.4%] [120 Crs] Advances1 Growth Deposits Growth Gross NPA3 BVPS ROA PBT (q-o-q) (q-o-q) 71% 60.2% 0
Slide 17: Highlights y-o-y – Healthy overall growth with secured now at 71%
Highlights y-o-y – Healthy overall growth with secured now at 71% Assets Liabilities Asset Quality Capital Quality Return Ratios P&L Metrics Rs. 29,930 Crs Rs. 29,426 Crs 2.8% Rs. 403 1.1% Rs. 102 Crs 16.2% 24.1% [2.5%] [Rs. 358] [2.1%] [160 Crs] Advances1 Growth Deposits Growth Gross NPA3 BVPS ROA
Slide 18: Key Financials
Cor y Jana Small coo Finance Bank A SCHEDULED COMMERCIAL BANK Key Financials
Slide 19: Financial Ratios – NIM has treasury gains impact.
Financial Ratios – NIM has treasury gains impact. RoA and RoE Yield and NIMs Adjusted RoE (%) Adjusted RoA (%) NIM (%) Yield on advances (%) 23.4% 23.7% 21.4% 18.1% 16.6% 16.5% 8.0% 7.4% 6.9% 2.6% 2.5% 2.6% Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 Operational efficiencies Total Revenues – 12%
Slide 20: Credit cost summary – Accelerated provisioning reduces regulatory provision
Credit cost summary – Accelerated provisioning reduces regulatory provision Particulars Q3 FY25 Q4 FY25 Q1 FY26 Regulatory Provision 81 76 46 Accelerated Provision 93 97 150 Credit Cost 174 173 196 Less: Recoveries under Other Income 37 42 31 Less: Accelerated Provision 93 97 150 Net Credit Cost 44
Slide 21: Strong PCR across all businesses especially Secured
Strong PCR across all businesses especially Secured GNPA and NNPA Restructured Portfolio @ 0.2% of AUM Particulars Secured Unsecured BC Total Particulars Jun-25 Group Loans 2 Gross NPA 328 223 274 825 Agricultural and allied Loans 0 Net NPA 165 67 31 263 Individual and Micro Business loans 0 LTV 41.
Slide 22: P&L Statement – Strong other income has helped create accelerated provision
P&L Statement – Strong other income has helped create accelerated provision of Rs 150 Crore Quarter Quarter Quarter Break-up of Other Income for Q1 FY26: Particulars ended ended ended June 2024 March 2025 June 2025 Other Income includes: Interest Income 1,167 1,198 1,250 • Commission, exchange and b
Slide 23: Balance Sheet – Surplus liquidity at 2,519 Crs
Balance Sheet – Surplus liquidity at 2,519 Crs and refinance tenor continues to ~5.6 years June 30, March 31, June 30, Borrowings: Particulars 2024 2025 2025 CAPITAL AND LIABILITIES Borrowings includes Capital 105 105 105 • Refinance - Rs. 3,144 crores Reserves & surplus 3,653 4,013 4,126 • Tier-2 c
Slide 24: Guidance for FY 2026
Guidance for FY 2026 We continue to serve aspirational India, underserved both on deposits and loans We continue to increase our secured business proportion each year. We are creating a sustainable, predictable and long term franchise. Digital with high standards of governance and customer service a
Slide 25: Experienced and professional management and Board
Experienced and professional management and Board Experienced board with diverse business experience in well-known financial services institutions and banks Name & Designation Past Experience Name & Designation Past Experience Ramalingam Ramaseshan Ajay Kanwal Part-Time Chairman and • National Commo
Slide 26: Experienced and professional management and Board
Experienced and professional management and Board International best practices in risk management, compliance and governance introduced by management with an average experience of 27 years in financial services Name & Designation Past Experience Name & Designation Past Experience Name & Designation
Slide 27: Jana's excellence being recognized by the Government of India
Jana’s excellence being recognized by the Government of India June 2025: Jana Small Finance Bank received 1st position in the Small Finance Bank category for outstanding performance in digital payments at the Digital Payments Awards 2023–24, organized by the Ministry of Finance, Government of India,
Slide 28: Thank You
Jana Small Finance Bank A SCHEDULED COMMERCIAL BANK Thank You
Slide 29: Innovative Product offerings
Innovative Product offerings 29
Slide 30: Best-in-class segment offerings
Best-in-class segment offerings 30
Slide 31: Abbreviations
Abbreviations Abbreviation Expansion Abbreviation Expansion AUM Advances Under Management MFI Micro Finance Institution BC Business Correspondents MSME Micro, Small and Medium Enterprises CAGR Compounded Annual Growth Rate NACH National Automated Clearing House CASA Current Account and Savings Accou
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