BSE:532209

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Jammu and Kashmir Bank

Executive Summary

The Jammu and Kashmir Bank Limited provides various banking products and services for household, and small and medium enterprises in India. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Jammu and Kashmir Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532209's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.6%

532209

-2.4%

IN Banks

-1.6%

IN Market


1 Year Return

-57.2%

532209

-26.3%

IN Banks

-2.2%

IN Market

Return vs Industry: 532209 underperformed the Indian Banks industry which returned -26.3% over the past year.

Return vs Market: 532209 underperformed the Indian Market which returned -2.2% over the past year.


Shareholder returns

532209IndustryMarket
7 Day-5.6%-2.4%-1.6%
30 Day-6.9%9.7%1.7%
90 Day-10.3%7.9%6.2%
1 Year-57.2%-57.2%-26.3%-26.3%-0.4%-2.2%
3 Year-82.5%-82.5%-41.3%-41.9%-4.4%-9.0%
5 Year-82.7%-83.1%-11.7%-13.6%40.4%29.8%

Price Volatility Vs. Market

How volatile is Jammu and Kashmir Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Jammu and Kashmir Bank undervalued compared to its fair value and its price relative to the market?

0.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532209's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532209's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532209 is unprofitable, so we can't compare its PE Ratio to the IN Banks industry average.

PE vs Market: 532209 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532209's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532209 is good value based on its PB Ratio (0.2x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

How is Jammu and Kashmir Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jammu and Kashmir Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Jammu and Kashmir Bank performed over the past 5 years?

-16.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532209 is currently unprofitable.

Growing Profit Margin: 532209 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532209 is unprofitable, and losses have increased over the past 5 years at a rate of 16.4% per year.

Accelerating Growth: Unable to compare 532209's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532209 is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (4.6%).


Return on Equity

High ROE: 532209 has a negative Return on Equity (-18.65%), as it is currently unprofitable.


Next Steps

Financial Health

How is Jammu and Kashmir Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 532209's Assets to Equity ratio (17.1x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if 532209 has a sufficient allowance for bad loans.

Low Risk Liabilities: 95% of 532209's liabilities are made up of primarily low risk sources of funding.

Loan Level: 532209 has an appropriate level of Loans to Assets ratio (59%).

Low Risk Deposits: 532209's Loans to Deposits ratio (66%) is appropriate.

Level of Bad Loans: 532209 has a high level of bad loans (11.9%).


Next Steps

Dividend

What is Jammu and Kashmir Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532209's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532209's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532209's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532209's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532209 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532209's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Rajesh Chhibber (60 yo)

1.25yrs

Tenure

₹6,183,410

Compensation

Mr. Rajesh Kumar Chhibber serves as Chairman of Jammu & Kashmir Bank Ltd. since October 10, 2019. Mr. Chhibber serves as Managing Director of Jammu & Kashmir Bank Ltd. since June 10, 2019 and served as Exe ...


Leadership Team

NamePositionTenureCompensationOwnership
Rajesh Chhibber
Chairman & MD1.25yrs₹6.18m0.0015%
₹ 155.2k
Rajni Saraf
President & CFO1.25yrs₹2.09mno data
Mohammad Mir
Compliance Officer & Company Secretary3.83yrs₹1.67mno data
Arun Gandotra
Executive President2.42yrs₹2.63mno data
Ghulam Teli
Executive President2.42yrs₹2.59mno data
Abdul Sheigan
Executive President3.83yrsno datano data
Sunil Gupta
Executive President2.42yrsno datano data
Chetan Paljor
President2.42yrsno datano data
Ashraf Malik
President2.42yrsno datano data
Tabasum Nazir
VP & Chief Risk Officeno datano datano data

2.4yrs

Average Tenure

58yo

Average Age

Experienced Management: 532209's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajesh Chhibber
Chairman & MD1.25yrs₹6.18m0.0015%
₹ 155.2k
Rajeev Bishnoi
Independent Non-Executive Director0.75yr₹480.00kno data
Naba Sahoo
Independent Non-Executive Director0.58yr₹200.00kno data
Zubair Iqbal
Non-Executive Non Independent Director0.42yrno datano data
Arun Mehta
Promoter & Non-Executive Non-Independent Director1.58yrsno datano data
Vikram Gujral
Non-Executive Non-Independent Director1.58yrs₹440.00kno data
Anil Misra
Non-Executive Non-Independent Director1.25yrs₹360.00kno data
Monica Dhawan
Independent Non-Executive Director0.75yr₹320.00kno data
Nitishwar Kumar
Additional Directorno datano datano data

1.0yrs

Average Tenure

60yo

Average Age

Experienced Board: 532209's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.1%.


Top Shareholders

Company Information

The Jammu and Kashmir Bank Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Jammu and Kashmir Bank Limited
  • Ticker: 532209
  • Exchange: BSE
  • Founded: 1938
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹10.081b
  • Shares outstanding: 713.45m
  • Website: https://www.jkbank.com

Location

  • The Jammu and Kashmir Bank Limited
  • M. A. Road
  • Srinagar
  • Jammu and Kashmir
  • 190001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532209BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1998
J&KBANKNSEI (National Stock Exchange of India)YesEquity SharesININRAug 1998

Biography

The Jammu and Kashmir Bank Limited provides various banking products and services for household, and small and medium enterprises in India. It operates through Treasury, Corporate/Wholesale Banking, Retail ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 12:45
End of Day Share Price2020/10/30 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.