Jana Small Finance Bank Ltd · NSE:JSFB
Jana Small Finance Bank — Q2 FY27 Earnings Presentation
31 slides from Jana Small Finance Bank's earnings presentation, Oct 23, 2026
Slide 1: Exchange covering letter for investor presentation
JSFB/SEC/2026-27/97 23rd October 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai 400001, Bandra (East), Mumbai 400051, Maharashtra Maharashtra. Dear Sir/ Madam, Subject: Investor Presentation f
Slide 2: Jana Small Finance Bank Q2 and H1 FY27 Investor Presentation
Jana Small Finance Bank Q2 and H1 FY27 Investor Presentation 23rd October 2026
Slide 3: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Jana Small Finance Bank (the “Bank”) and no part of it shall form the basis of or be relied upon in connection with an
Slide 4: Highest ever PBT Rs. 170 crs Quarter with YoY growth of 127%
Highest ever PBT Rs. 170 crs Quarter with YoY growth of 127% Operating Income Operating Expense • Q2 PAT of Rs. 170 Crs higher by 127% YoY and 10% QoQ 1,001 1,009 1,049 909 • NII increase 35% YoY and 5% QoQ 853 • Operating cost increase 15% YoY and decreased 0.4% QoQ 633 666 676 671 587 • Secured As
Slide 5: GNPA moderates to 2.17% — lower sequentially and annually
GNPA moderates to 2.17% — lower sequentially and annually GNPA Movement Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY 27 Q2 FY 27 Opening GNPA Balance 825 871 829 847 841 Additions during the period1 590 438 334 291 400 Less: Recoveries & Write offs 544 480 316 297 402 Closing GNPA Balance 871 829 847 841 839 GNPA2
Slide 6: Additional Provisioning to maintain NNPA under 1% held back due to expected claim receipt
Additional Provisioning to maintain NNPA under 1% held back due to expected claim receipt in Q3 NPA Book under INR crs GNPA Provision NNPA Guarantee Individual loans 158 57 101 122 FY 27 ~ Rs. 68 Crs Group Loans including BC 515 320 195 196 FY 28 ~ Rs. 251 Crs Unsecured Book1 673 377 296 319 • Claim
Slide 7: Net Credit cost to be under 2% for the FY
Net Credit cost to be under 2% for the FY • Credit cost has peaked in Q2 for this FY, given change in MFI collection ratios in Q3 of previous year • Recoveries under Other Income restated to include post SR maturities recoveries. Particulars Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY 27 Q2 FY 27 Credit Cost 191
Slide 8: Unlocking Value from Our Pan-India Franchise
Unlocking Value from Our Pan-India Franchise 829 Outlets; Presence in 23 States and 2 UTs Branch Expansion plan for FY271 New Products launch plan TAMIL NADU 12.3% FY 27 H1 Particulars MAHARASHTRA 11.5% Plan Status ODISHA 11.0% New Branches 8 6 MADHYA PRADESH 10.7% Split Branches 30 20 KARNATAKA 8.0
Slide 9: Advances growth of 22% and Secured growth by 24% YoY
Advances growth of 22% and Secured growth by 24% YoY • Advances1 growth of ~22% YoY and 3% QoQ to Rs. 38,752 Crs, Secured growth of ~24% YoY and 4% QoQ • Disbursements of Rs. 4,414 crores (excluding NBFC) in Q2 FY 27 higher by 7% YoY and 5% QoQ • MFI Book growth is subdued due to tight selection cri
Slide 10: Secured loan growth 24% YoY, Unsecured loan growth 17% YoY
Secured loan growth 24% YoY, Unsecured loan growth 17% YoY Average Advances1 Advances1 Category of Advance1 GLP Ticket Size Growth Growth GNPA3 NNPA3 LTV4 (As at September 30, 2026) (Rs. Mn) 2 YoY QoQ Affordable Housing 8,977 1.19 28.2% 6.4% 0.3% 0.2% 52.1% Micro LAP 6,252 0.69 3.7% 0.9% 0.6% 0.4% 3
Slide 11: Bring Your Bank Home
Bring Your Bank Home Home Loan leading to Anchor Bank with Multiple Product Offerings and Special Benefits Two Wheeler loans • Pre-approved Two Wheeler loans Pre-approved Business Loan • 100% funding to the vehicle value • Additional Pre-approved line upto Rs. 5 lakhs available • Lower Processing fe
Slide 12: Anchor Bank Positioning for Rising India shows all round progress
Anchor Bank Positioning for Rising India shows all round progress #Average CASA Penetration TD/RD Penetration Health Insurance Relationships 99% 99% 92% Penetration 91% 3.9 4.0 21% 19% Q2 FY26 Q2 FY27 Q2 FY 26 Q2 FY 27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Gold Penetration Preapproved Business Loan TWL Pe
Slide 13: CASA Growth of 13% YoY with reduction in cost of funds 40bps YoY
CASA Growth of 13% YoY with reduction in cost of funds 40bps YoY • Cost of deposits reduces by ~40 bps to 7.45% for Q2 FY27 vs 7.86% for Q2 FY26 • Deposits growth of 17% YoY and 7% QoQ to Rs. 38,221 Crs • CASA growth of 13% YoY and (2%) QoQ to Rs. 6,732 Crs; CASA ratio at 18% • Term Deposits growth
Slide 14: 96% of Retail and 84% of Bulk Deposits are 1 year and above
96% of Retail and 84% of Bulk Deposits are 1 year and above Top 3 states 35%. No concentration Particulars Sep-26 Jun-26 Sep-25 QoQ (%) YoY (%) Karnataka Maharashtra Punjab West Bengal CASA 6,732 6,871 5,960 (2.0%) 13.0% Tamil Nadu Delhi Uttar Pradesh Others TD 31,489 28,885 26,572 9.0% 18.5% Total
Slide 15: Digital focus continue with strong all round growth
Digital focus continue with strong all round growth Jana Digitization 90% + Digital Uptake 98 % 99% 99% Digital Highlights Digital Channels Banking transactions Loans are Digitally Sales force use are Digital processed TAB/Mobile Key Highlights Merchant QR 58,049 QR Codes Installed across merchants
Slide 16: RoE improves to 14.2% after Rs. 103 Crs Capital raise
RoE improves to 14.2% after Rs. 103 Crs Capital raise Assets Liabilities Asset Quality Capital Quality Return Ratios P&L Metrics Rs. 38,752 Crs Rs. 38,221 Crs 2.17% Rs. 455 1.4% Rs. 170 Crs 3.0% 6.9% [2.24%] [Rs. 439] [1.4%] [155 Crs] Advances1 Growth Deposits Growth Gross NPA3 BVPS5 ROA PBT (QoQ) (
Slide 17: Book Value has improved by 11% to Rs. 455 per share
Book Value has improved by 11% to Rs. 455 per share Assets Liabilities Asset Quality Capital Quality Return Ratios P&L Metrics Rs. 38,752 Crs Rs. 38,221 Crs 2.17% Rs. 455 1.4% Rs. 326 Crs 22.4% 17.5% [2.75%] [Rs. 410] [0.9%] [177 Crs] Advances1 Growth Deposits Growth Gross NPA3 BVPS5 ROA PBT (YoY) (
Slide 18: Key Financials
Cor y Jana Small coo Finance Bank A SCHEDULED COMMERCIAL BANK Key Financials
Slide 19: NIM steady at 7.5% with Cost to Income reducing to 64.3%
NIM steady at 7.5% with Cost to Income reducing to 64.3% RoA and RoE1 Yield and NIMs RoE (%) RoA (%) NIM (%) Yield on advances (%) 13.6% 14.2% 13.9% 16.4% 16.4% 16.2% 16.4% 8.4% 7.5% 7.5% 6.5% 7.5% 1.4% 1.4% 0.9% 1.4% Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Operational effici
Slide 20: Rs. 626 Crs of capital due to be received in next 15 months on warrants conversion
Rs. 626 Crs of capital due to be received in next 15 months on warrants conversion at Rs. 464 per share Sep 30, June 30, Sep 30, Rs. Crs Borrowings: 2025 2026 2026 CAPITAL AND LIABILITIES Borrowings includes Capital 105 105 106 • Refinance - Rs. 4,584 crores Share Warrant Money 0 103 103 • Tier-2 ca
Slide 21: P&L Statement
P&L Statement Rs. Crs Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Break-up of Other Income for Q2 FY27: Interest Income 1,294 1,515 1,587 2,535 3,101 Other Income includes: • Processing Fee - Rs. 88 crs [Rs. 93 crs] Interest Expense 686 732 768 1,341 1,500 Net Interest Income 608 782 819 1,193 1,601 • I
Slide 22: Guidance revised for FY 2027 revised to 100% PAT growth
Guidance revised for FY 2027 revised to 100% PAT growth We continue to serve aspirational India, underserved both on deposits and loans We continue to increase our secured business proportion each year. We are creating a sustainable, predictable and long term franchise. Digital with high standards o
Slide 23: Experienced and professional management and Board
Experienced and professional management and Board Experienced board with diverse business experience in well-known financial services institutions and banks Name & Designation Past Experience Name & Designation Past Experience Name & Designation Past Experience Chitra Talwar Mr. Rakesh Joshi Ajay Ka
Slide 24: Experienced and professional management and Board
Experienced and professional management and Board International best practices in risk management, compliance and governance introduced by management with an average experience of ~29 years in financial services Name & Designation Past Experience Name & Designation Past Experience Name & Designation
Slide 25: Awards and Industry Recognitions
Awards and Industry Recognitions July 2026 – Bank has been awarded the IBA Banking Technology Award for Identity & Access Management in the Small Bank category at the 5th IBA CISO Summit & Citations 2026, held at Taj President, Mumbai, on July 10, 2026. This prestigious recognition underscores the B
Slide 26: Awards and Industry Recognitions
Awards and Industry Recognitions September 2026 – Bank has been awarded the Best-in-Class Social Customer Experience in Banking award at WeKonnect 2026 by Konnect Insights, with the event hosted in Mumbai. The recognition acknowledges the Bank’s commitment to creating meaningful customer experiences
Slide 27: Thank You
Jana Small Finance Bank A SCHEDULED COMMERCIAL BANK Thank You
Slide 28: Innovative Product offerings
Innovative Product offerings 27
Slide 29: Best-in-class segment offerings
Best-in-class segment offerings 28
Slide 30: Best-in-class segment offerings
Best-in-class segment offerings 29
Slide 31: Abbreviations
Abbreviations Abbreviation Expansion Abbreviation Expansion BC Business Correspondents MFI Micro Finance Institution CAGR Compounded Annual Growth Rate MSME Micro, Small and Medium Enterprises CASA Current Account and Savings Account NACH National Automated Clearing House CGFMU Credit Guarantee Fund
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