Jammu & Kashmir Bank Ltd (BOM:532209)

Q2 2026 Jammu and Kashmir Bank Ltd Earnings Call Transcript

Oct 18, 2025 / 12:30 PM GMT

Transcript

Key Points

Positve

Jammu & Kashmir Bank Ltd (BOM:532209) recorded a substantial improvement in business numbers with deposits growing by 2.4% sequentially and advances recording a 3.9% sequential growth.
The bank's CASA ratio improved from 45.71% to 45.89%, marking an improvement after nine consecutive quarters.
The Rest of India loan book recorded a YOI growth of 16.1%, aligning with the bank's vision of achieving a 50/50 split of the loan book between JKL and ROI.
Corporate and agriculture sectors, which constitute around 40% of the bank's loan portfolio, showed strong performance with a growth of 11.7% and 247.4% YOI respectively.
The bank's asset quality improved with GNPA reduced to 3.32% and NNPA reduced to 0.76%, while PCR remains healthy above 90%.

Negative

Profitability for the quarter moderated on a YOI basis due to pressure on margins following RBI's cumulative rate cuts.
The bank faced a one-off hit of INR 180 crores due to impairment provision related to the merger of Ilakai Dehati Bank with Jammu and Kashmir Grameen Bank.
Net Interest Margin (NIM) contracted to 3.56% from 3.90% in the previous year due to faster transmission of rate cuts on the lending side.
The cost to income ratio increased due to the provision made for the merger of Ilakai Dehati Bank with the Grameen Bank.
The bank revised its guidance for ROA and ROE for the current financial year due to the substantial impairment provision.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

JKBK.NS - Jammu and Kashmir Bank Ltd
Q2 2026 Jammu and Kashmir Bank Ltd Earnings Call
Oct 18, 2025 / 12:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good evening and welcome to the Q2 FY 2026 conference call of Jammu and Kashmir Bank Limited.

As a reminder, all participant lines will be in the listener mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance, then the conference call, please signal an operator by pressing the star, then 0 on a touchtone phone.

Please note that this conference is being recorded.

We have with us from the bank Mr. Amitab Chattajei, managing director and Chief Executive Officer, along with his management team.

I now have the conference over to Mr. Chatterjee.

Thank you and over to you, sir.

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.