Jana Small Finance Bank Ltd

Date : 18.02.2025
Jana Small Finance Bank Ltd
NSE: JSFB
Timeframe : Day chart

Technical Remarks :

1 As mentioned only safe buying is on breakout as highlighted in the chart, since its below initial phase of breakout zone after listing. Bottom fishing is not advised.

Fundamental Remarks :

Strengths

1 Company has a good Return on Equity (ROE) track record: 3 Years ROE 16.10%.
2 The company has been consistently maintaining a NIM of 6.79% since last 3 years.
3 Good Capital Adequacy Ratio of 20.31%.
4 The company has delivered good Profit growth of 110.04% over the past 3 years.
5 Strong Advances growth of 25.83% in the last 3 years.

Weakness

1 CASA Growth of -0.51% YoY, which is very low.
2 Low CASA Ratio of 19.70%.
3 High Cost to income ratio of 57.35%.

Key highlights On Books :

P/E = 6.08

P/B = 1.07

Book Value (TTM) = ₹ 376.76

Net Interest Income = ₹ 2,127.14 Cr.

EPS (TTM) = ₹ 66.60

CAR % = 20.31

ROE = 26.39 %

ROCE = 11.18%

Profit Growth = 161.57 %

Regards,
Ankur