The Jammu And Kashmir Bank Limited
Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. The Jammu and Kashmir Bank was incorporated on 1 October 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaj...
Key Metrics
EPS
16.08
Current ratio
0.06
Debt/Equity
11.67
Debt/EBITDA
54.62
Interest coverage ratio
-
Operating Cashflow to total debt
-0.01
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Significant improvement in the capitalisation levels on a sustained basis
Improved profitability on a sustained basis with scale up of business without impacting asset quality
Significant geographical diversification of business
Long track record of operations and majority ownership by the Government of UTJKL along with dominant presence and strategic position in UTJKL.
Strong deposit base with a relatively high proportion of CASA
Liquidity: Adequate
Cons
Dilution in support from Government of UTJKL
Deterioration in asset quality profile with gross non-performing assets (GNPA) ratio of over 6.5%
Capitalisation levels, although improved, remain relatively moderate compared to peers
Moderate asset quality with improvement; albeit relatively high restructured assets
Limited geographical diversification with moderate scale of operations
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About The Jammu And Kashmir Bank Limited bond.
This comprehensive profile covers key factual information about The Jammu And Kashmir Bank Limited. Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. The Jammu and Kashmir Bank was incorporated on 1 October 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaja Hari Singh with an initial paid up capital of ₹5.00 Lakh. The bank registered a total business turnover of over ₹1750 billion as of 31 March 2021. Jammu and Kashmir Bank Limited (the Bank) is engaged in banking and financial services. Its segments include Retail, Corporate and Treasury. It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level Bankers’ Committee (SLBC/UTLBC) meetings. The Bank continued to discharge its lead bank responsibility satisfactorily in 12 districts of UT of J&K, i.e. Srinagar, Ganderbal, Budgam, Baramulla, Bandipora, Kupwara, Anantnag, Kulgam, Pulwama, Shopian, Poonch and Rajouri. EPS in Mar-2024 was 16.08. Current ratio in Mar-2024 was 0.06. Debt/Equity in Mar-2024 was 11.67. Debt/EBITDA in Mar-2024 was 54.62. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.01. Total revenue for Mar-2025 (E) was ₹13595.77. Net income for Mar-2025 (E) stood at ₹2424.62. Total assets as of Mar-2024 were ₹154,504.58. Operating cash flow for Mar-2024 was ₹-852.55. Peers and comparison entities consist of Biocon Limited, Panacea Biotec Limited, Hester Biosciences Limited, Zenotech Laboratories Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Significant improvement in the capitalisation levels on a sustained basis; Improved profitability on a sustained basis with scale up of business without impacting asset quality; Significant geographical diversification of business; Long track record of operations and majority ownership by the Government of UTJKL along with dominant presence and strategic position in UTJKL.; Strong deposit base with a relatively high proportion of CASA; Liquidity: Adequate. Key risks include: Dilution in support from Government of UTJKL ; Deterioration in asset quality profile with gross non-performing assets (GNPA) ratio of over 6.5%; Capitalisation levels, although improved, remain relatively moderate compared to peers; Moderate asset quality with improvement; albeit relatively high restructured assets; Limited geographical diversification with moderate scale of operations. Leadership team details include Anand Kumar (Independent Non-Executive Director), Anil Kumar Goel (Independent Non-Executive Director), Baldev Prakash (Managing Director & CEO), Fayaz Ahmad Ganai (Chief Financial Officer), Mandeep K Bhandari (Non Executive Non Independent Director), Mohammad Shafi Mir (Company Secretary & Compliance Officer), Naba Kishore Sahoo (Independent Non-Executive Director), Pawan Kotwal (Non Executive Non Independent Director), R K Chhibber (Non Executive Non Independent Director), Rajeev Lochan Bishnoi (Independent Non-Executive Director), Santosh D Vaidya (Non Executive & Nominee Director), Shahla Ayoub (Independent Non-Executive Director), Sudhir Gupta (Non Independent & Executive Director), Umesh Chandra Pandey (Independent Non-Executive Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.