Jana Small Finance Bank544118Quarterly results

Q2 FY27 results: PAT Rs 170 crore, up 127% y-o-y; FY27 PAT growth guidance raised to 100%

Q2 FY27 results: PAT Rs 170 crore, up 127% y-o-y.

By ScoutQuest · Fri 23 Oct 2026, 3:14 PM IST · 2 min read

PAT (Q2 FY27): Rs 170 crore, up 127% y-o-y
FY27 PAT Guidance: raised to 100% increase y-o-y
Asset GLP: Rs 38,752 crore, up 22% y-o-y; 73.7% of it secured

Profit and loss: Q2 FY27

Interest income Rs 1,587 crore, interest expense Rs 768 crore
Net interest income Rs 819 crore; other income Rs 229 crore
Operating income Rs 1,047 crore; operating expenses Rs 674 crore; operating margin Rs 374 crore
Provisions and contingencies Rs 203 crore
Profit before tax Rs 170 crore and profit after tax Rs 170 crore, with the release describing this as the highest ever PBT for a Q2 and a 127% y-o-y growth in PAT
H1 PBT is stated to be equal to the previous full year's PBT, and operating expenses are stated to be lower than in the previous quarter

Balance sheet as on 30th September 2026

Total Rs 50,115 crore
Deposits Rs 38,221 crore; borrowings Rs 5,248 crore
Advances Rs 35,445 crore; investments Rs 10,062 crore
Cash and balances with RBI Rs 3,052 crore; reserves and surplus Rs 4,712 crore
Share warrant application money Rs 103 crore

Business growth

Asset GLP Rs 38,752 crore, up 22% y-o-y and 3% q-o-q; 73.7% of GLP is now secured
Secured assets up 24% y-o-y and 4% q-o-q; unsecured book up 17% y-o-y; secured book share around 74%
Total deposits up 17% y-o-y; CASA up 13% y-o-y; term deposits up 19% y-o-y
Credit to deposit ratio at 92.7%

Margins, costs and returns

Net interest margin 7.5% in Q2 FY27 against 6.5% in Q2 FY26
Cost to income ratio 64.3%, improved from 67.0% in the previous quarter
Return on average assets 1.4%; return on average equity 14.2%
Capital adequacy ratio 20.0% with Tier-1 CRAR of 18.2%

Asset quality

GNPA is stated at 2.17% and NNPA at 1.08% in the highlights; the ratio table shows gross NPA at 2.2% and net NPA at 1.1%
The bank expects NNPA to be below 1%, considering a claim of Rs 68 crores lodged and expected in Q3 under guarantee programmes
CASA to total deposits is 17.6%, compared with 19.2% in the previous quarter and 18.3% a year earlier

What a retail investor can read from this

The release points to faster profit growth, a higher margin, a lower cost to income ratio and a book that is increasingly secured; management commentary attributes this to a strategy of 80% secured assets and cost optimisation. At the same time, the net NPA figure in the ratio table is higher than the previous quarter's 0.8%, and the bank itself links the expected improvement to a guarantee claim still to be received. Both the profit growth and the asset-quality movement are worth tracking together.

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