Jana Small Finance Bank Limited submitted a regulatory filing under SEBI Listing Regulations 30 containing its audited financial results for the quarter ended 30th June 2026, approved by the Board of Directors in a meeting held on 15th July 2026.

Financial Performance Highlights

  • Profit After Tax (PAT): ₹155 crores for Q1 FY27, representing a 52% year-on-year increase from Q1 FY26 (₹102 crores) and 11% quarter-on-quarter increase from Q4 FY26 (₹140 crores).
  • Gross Loan Portfolio (GLP): ₹37,612 crores as of 30th June 2026, growing 26% year-on-year and 4% quarter-on-quarter.
  • Asset Composition: 73% of GLP is secured (grew 29% y-o-y, 4% q-o-q) and 27% is unsecured (grew 18% y-o-y, 3% q-o-q). Approximately 80% of the unsecured book is covered under guarantee programs.
  • Deposits: Total deposits stood at ₹35,756 crores with 22% year-on-year growth. CASA grew 31% y-o-y (7% q-o-q) and Term Deposits grew 19% y-o-y.
  • CASA Ratio: Improved to 19.2% from 17.8% in Q1 FY26 and 17.9% in Q4 FY26.
  • Credit to Deposit Ratio: 97% as of 30th June 2026.

Asset Quality Metrics

  • Gross NPA (GNPA): 2.24% of advances (includes securitization book), improved from 2.8% in Q1 FY26 and 2.3% in Q4 FY26.
  • Net NPA (NNPA): 0.85% of advances (includes securitization book), improved from 0.9% in both Q1 FY26 and Q4 FY26.
  • SMA (Special Mention Accounts): Increased to 3.9% as of 30th June 2026 from 3.5% as of 31st March 2026.
  • Slippages: Lower by 43% compared to Q1 FY26 and 13% lower quarter-on-quarter.
  • Net Credit Cost: 0.45%, same as Q4 FY26 (best quarter of last year).

Profitability and Efficiency Ratios

  • Net Interest Margin (NIM): Improved to 7.5% in Q1 FY27 from 6.6% in Q1 FY26 and 7.2% in Q4 FY26.
  • Cost to Income Ratio: 67.0% in Q1 FY27 compared to 66.1% in Q1 FY26 and 66.6% in Q4 FY26.
  • Return on Average Assets: 1.4% in Q1 FY27 vs 1.1% in Q1 FY26 and 1.3% in Q4 FY26.
  • Return on Average Equity: 13.6% in Q1 FY27 vs 9.8% in Q1 FY26 and 12.8% in Q4 FY26.
  • Operating Expenses: Growth remained nominal at 1.5% quarter-on-quarter.

Capital Adequacy

  • Capital Adequacy Ratio (CAR): 20.2% as of 30th June 2026 (includes interim period profits), improved from 19.4% in Q4 FY26 but lower than 20.5% in Q1 FY26.
  • Tier-1 CRAR: 18.3% as of 30th June 2026.
  • Capital Raising: Tier-1 capital of ₹728 crores approved via Share Warrists under Preferential route. ₹103 crores received in June 2026. TVS Venu Group awaits RBI approval for 9.99% stake.

Balance Sheet Position (as of 30th June 2026)

  • Total Assets: ₹46,812 crores
  • Advances: ₹34,699 crores
  • Investments: ₹9,812 crores
  • Cash and Balances with RBI: ₹2,492 crores
  • Balances with Banks: ₹66 crores
  • Fixed Assets: ₹199 crores
  • Other Assets: ₹1,051 crores
  • Reserves & Surplus: ₹4,365 crores
  • Borrowings: ₹5,497 crores
  • Other liabilities and provisions: ₹1,696 crores

Management Commentary

Mr. Ajay Kanwal, MD and CEO, stated that the Q4 FY26 performance trend continued in Q1 FY27 with focus on portfolio quality and flattening costs. The bank is committed and confident of delivering guidance of 20%+ growth in GLP and Liabilities with 80% growth in PAT for FY27.

Recent Awards and Recognition

  • April 2026: Received Excellence in Customer Engagement Transformation in Banking award at BFSI Tech Summit & Awards 2026.
  • May 2026: Acknowledged by Shri Nayab Singh Saini, Hon'ble Chief Minister of Haryana, for CSR contributions to healthcare infrastructure.