The Jammu & Kashmir Bank Ltd.
Snapshot View

View in App

Prices View details

28.95 +0.20 ▲0.7%

27 May 2022, 04:01:00 PM
Volume: 174,251

Overview View Details

Sector Banking Compare with Sector peers
Industry Bank - Private Compare with Industry peers
Website http://www.jkbank.com
Market Cap 2,783.48 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 5.15 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 5.62 Trailing Twelve Months Ending 2022-03
Industry PE 21.23 Trailing Twelve Months Ending 2022-03
Book Value / Share 84.01 Trailing Twelve Months Ending 2022-03
Price to Book Value 0.34 Calculated using Price: 28.95
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 96.15 Cr. 961,479,861 Shares
FaceValue 1
Company Profile

The Jammu & Kashmir Bank Ltd. was incorporated in 1938, and is listed on the NSE and the BSE. It functions as a universal bank in the Union Territories of Jammu & Kashmir and Ladakh and as a specialised bank in the rest of the country. It is also designated as RBI’s agent for banking business, and carries out the banking business of the Union Territories of Jammu & Kashmir and Ladakh, besides collecting central taxes for CBDT. J&K Bank follows a two-legged business model whereby it seeks to increase lending in its home territory which results in higher margins despite modest volumes, and at the same time, seeks to capture niche lending opportunities on a pan-India basis to build volumes and improve margins. J&K Bank operates on the principle of 'socially empowering banking' and seeks to deliver innovative financial solutions for household, small and medium enterprises.

Business of the Bank

The Jammu & Kashmir Bank is engaged in banking Business. The Bank provides banking services, including CD's, educational loans, housing loans and car loans. The Bank also provides insurance services through a joint venture with MetLife India Insurance Company.

Products and Services of the bank

  • Personal Banking- Under this, it offers various products and services such saving accounts, loans, deposits, ATM facility, RTGS/NEFT facility, internet banking, demat services, etc.
  • NRI Banking- Besides various personal banking products, it also offers remittance services, consultancy services to its NRI Clients.
  • Priority and SME- It also caters to the priority and SME segments and offers various kinds of products to meet their various business requirements.

Milestones & Achievements

  • 2010: JK Bank inaugurates 144th ATM at ZainakoteJ&K Bank launches Operation Clean Up'JK Bank launches An Poshe Tele Yeli Wan Poshe Over 100 LPG connections distributed at Chandanwari, UriJK Bank ATM network reaches to 292J&K Bank inaugurates Khidmat centre at Barmeen, Udhampur.
  • 2011: J&K Bank inaugurates ATM in CTM premises KathuaJ&K Bank opens branch in Ashmuji KulgamJ&K Bank inaugurates new B/U premises at Lakhanpur, GhagwalJ&K Bank inaugurates RSETI at Poonch.
  • 2012: J&K Bank opens ATM in DPL Budgam: Donates projector, laptop to SKIMS.
  • 2013: J&K Bank bags two HR awardsJ&K Bank gets Best Bank Award.
  • 2017: JK Bank hires Delloitte as their overhaul Consultants.
  • 2019: The bank won the CSO100 Award for the year 2019 at a ceremony held in Pune, Maharashtra for adopting new ways of thinking to secure business assets with sophisticated tools and improved defenses.
  • 2020: Jammu & Kashmir Bank has received approval to raise capital upto Rs 1000 crore by way of Non-Convertible, Redeemable, Unsecured, Basel III Compliant, Tier 2 bonds in the nature of debentures (debentures) on a private placement basis
  • 2021: Jammu and Kashmir (J&K) Bank has received in-principle approval from board to transfer 8.23 per cent stake of J&K Government to Union Territory (UT) of Ladakh.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.70%
1 Week
1 Month
-7.21%
3 Month
-14.60%
6 Month
-23.82%
1 Year
-0.34%
2 Year
+136.33%
5 Year
-65.60%
10 Year
-68.53%

Ratios View Details

9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 23.55 22.31 8.60 6.61 -28.50 3.83 8.03 -20.82 7.66
Return on Assets (%) 1.60 1.57 0.66 0.53 -2.01 0.24 0.49 -1.13 0.37
Net Interest Margin 3.29 3.50 3.73 3.68 3.29 3.42 3.55 3.81 3.52
Interest Spread (%) 9.80 8.85 9.36 7.86 7.76 7.04 6.93 8.37 8.19
Yield on Advances (%) 15.66 14.59 15.84 13.63 13.42 11.63 11.58 13.12 12.13

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 4,865 5,722 6,108 6,421 5,673 6,158 6,622 6,346 6,802 8,077
Minority Int.
Deposits 64,212 69,328 65,736 69,379 72,459 80,005 89,637 97,786 108,047 114,703
Borrowings 1,075 1,765 2,340 2,240 1,276 1,628 2,624 2,020 2,015 2,371
Other Liab. 1,583 1,797 1,726 2,214 2,604 1,894 2,522 2,678 3,408 5,425
Total Liab. 71,734 78,613 75,910 80,254 82,012 89,684 101,405 108,829 120,273 130,576
Fixed Assets 457 535 690 764 1,544 1,615 1,675 2,071 2,013 1,954
Investments 25,731 26,185 22,740 20,334 21,271 18,860 23,141 22,990 30,774 33,785
Advances 39,200 46,385 44,586 50,193 49,816 56,913 66,272 64,399 66,842 70,393
Cash & Bank 5,404 4,216 3,735 3,204 5,393 8,260 5,872 9,793 9,504 8,792
Other Assets 942 1,292 4,160 5,758 3,989 4,037 4,445 9,576 11,141 15,652
Total Assets 71,734 78,613 75,910 80,254 82,012 89,684 101,405 108,829 120,273 130,576

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Interest Earned 6,137 6,767 7,061 6,844 6,686 6,621 7,676 8,446 8,111 8,013
Other Income 485 393 599 509 497 501 817 509 722 539
Total Income 6,622 7,160 7,660 7,352 7,183 7,122 8,493 8,955 8,833 8,552
Operating Exp. -992 -1,181 -1,416 -1,554 -1,716 -1,990 -2,485 -2,735 -2,884 -3,343
Provisions -284 -147 -1,015 -976 -2,800 -1,261 -1,058 -2,625 -1,079 -360
PBIT 5,346 5,832 5,229 4,822 2,666 3,871 4,950 3,595 4,870 4,848
Interest -3,820 -4,082 -4,409 -4,132 -4,173 -3,750 -4,291 -4,739 -4,340 -4,101
Tax -471 -569 -312 -276 -126 82 -195 -39 -102 -242
PAT 1,055 1,181 508 414 -1,633 203 464 -1,183 428 504
Minority Interest
Share Associate -10
Other Related Items
Consolidated Net Profit 1,055 1,181 508 414 -1,633 203 464 -1,183 428 495
Adjusted EPS 22 2 10 9 -31 4 8 -17 6 6

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 1,177 1,280 -683 118 -219 2,457 2,363 -2,992 4,374 -14
Cash Fr. Inv. -70 -86 -169 -261 -136 -861 -164 -165 -115 -76
Cash Fr. Finan. -201 -243 -338 -338 -176 593 668 769 -339 -199
Net Change 905 951 -1,189 -480 -531 2,189 2,867 -2,388 3,920 -289
Cash & Cash Eqvt 4,454 5,404 4,216 3,735 3,204 5,393 8,260 5,872 9,793 9,504

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 68.18 68.18 68.18 68.18 68.18 68.18 74.23 70.12 70.12
Public 31.82 31.82 31.82 31.82 31.82 31.82 25.77 29.88 29.88
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 19 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Securities Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations 2015 we are enclosing herewith the copy of the Notice published in the newspapers on 18th May 2022 regarding transfer of shares to Investor Education Protection Fund (IEPF).
Wed, 18 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Securities Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations 2015 we are enclosing herewith the copy of the Notice published in the newspapers on 17th May 2022 regarding Loss of Share Certificates.
Wed, 18 May 2022
Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please be informed that the Government of Jammu & Kashmir vide order no. 567-JK(GAD) of 2022 dated 17th May 2022 has nominated Mr. Vivek Bhardwaj IAS {Financial Commissioner (Additional Chief Secretary) Finance Department} as Government Nominee Director on the Board of Directors of the Bank in place of Mr. Atal Dulloo IAS (Additional Chief Secretary) with effect from 17th May 2022.

Technical Scans View Details

Fri, 27 May 2022
Opening at High Opening at High
Closing Above Previous High Closing Above Previous High
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. 772,514.65 1,391.60 +1.8%
ICICI Bank Ltd. 514,349.70 739.75 +1.4%
State Bank Of India 418,564.28 469.00 0.0%
Kotak Mahindra Bank Ltd. 386,359.11 1,946.25 +2.0%
Axis Bank Ltd. 211,466.69 688.55 +0.7%
IndusInd Bank Ltd. 71,743.98 926.00 +3.2%
Bandhan Bank Ltd. 52,269.79 324.50 +2.6%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
HDFC Bank Ltd. Consolidated 2022-03 20.30 1,391.60 +1.8%
ICICI Bank Ltd. Consolidated 2022-03 20.48 739.75 +1.4%
State Bank Of India Consolidated 2022-03 11.83 469.00 0.0%
Kotak Mahindra Bank Ltd. Consolidated 2022-03 31.96 1,946.25 +2.0%
Axis Bank Ltd. Consolidated 2022-03 14.98 688.55 +0.7%
IndusInd Bank Ltd. Consolidated 2022-03 14.93 926.00 +3.2%
Bandhan Bank Ltd. Standalone 2022-03 415.52 324.50 +2.6%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
HDFC Bank Ltd. Consolidated 2022-03 3.12 1,391.60 +1.8%
ICICI Bank Ltd. Consolidated 2022-03 2.88 739.75 +1.4%
State Bank Of India Consolidated 2022-03 1.48 469.00 0.0%
Kotak Mahindra Bank Ltd. Consolidated 2022-03 4.00 1,946.25 +2.0%
Axis Bank Ltd. Consolidated 2022-03 1.79 688.55 +0.7%
IndusInd Bank Ltd. Consolidated 2022-03 1.49 926.00 +3.2%
Bandhan Bank Ltd. Standalone 2022-03 3.01 324.50 +2.6%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 0.85 1,391.60 +1.8%
ICICI Bank Ltd. Consolidated 2021-03 0.93 739.75 +1.4%
State Bank Of India Consolidated 2021-03 1.72 469.00 0.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 0.56 1,946.25 +2.0%
Axis Bank Ltd. Consolidated 2021-03 1.47 688.55 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 1.19 926.00 +3.2%
Bandhan Bank Ltd. Standalone 2021-03 0.97 324.50 +2.6%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 16.50 1,391.60 +1.8%
ICICI Bank Ltd. Consolidated 2021-03 14.85 739.75 +1.4%
State Bank Of India Consolidated 2021-03 10.13 469.00 0.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 13.12 1,946.25 +2.0%
Axis Bank Ltd. Consolidated 2021-03 7.64 688.55 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 7.62 926.00 +3.2%
Bandhan Bank Ltd. Standalone 2021-03 13.53 324.50 +2.6%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 16.50 1,391.60 +1.8%
ICICI Bank Ltd. Consolidated 2021-03 14.85 739.75 +1.4%
State Bank Of India Consolidated 2021-03 10.13 469.00 0.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 13.12 1,946.25 +2.0%
Axis Bank Ltd. Consolidated 2021-03 7.64 688.55 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 7.62 926.00 +3.2%
Bandhan Bank Ltd. Standalone 2021-03 13.53 324.50 +2.6%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 128,552.39 1,391.60 +1.8%
ICICI Bank Ltd. Consolidated 2021-03 89,162.66 739.75 +1.4%
State Bank Of India Consolidated 2021-03 278,115.48 469.00 0.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 32,819.83 1,946.25 +2.0%
Axis Bank Ltd. Consolidated 2021-03 64,696.42 688.55 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 28,999.80 926.00 +3.2%
Bandhan Bank Ltd. Standalone 2021-03 12,524.21 324.50 +2.6%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 31,856.77 1,391.60 +1.8%
ICICI Bank Ltd. Consolidated 2021-03 20,363.97 739.75 +1.4%
State Bank Of India Consolidated 2021-03 24,279.72 469.00 0.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 9,902.90 1,946.25 +2.0%
Axis Bank Ltd. Consolidated 2021-03 7,252.39 688.55 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 2,929.87 926.00 +3.2%
Bandhan Bank Ltd. Standalone 2021-03 2,205.46 324.50 +2.6%