Jana Small Finance Bank Management
Management criteria checks 3/4
Jana Small Finance Bank's CEO is Ajay Chamanlal Kanwal, appointed in Aug 2017, has a tenure of 8.17 years. directly owns 0.28% of the company’s shares, worth ₹144.53M. The average tenure of the management team and the board of directors is 3.5 years and 4.2 years respectively.
Key information
Ajay Chamanlal Kanwal
Chief executive officer
₹69.4m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 8.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.2yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | ₹4b |
| Mar 31 2025 | ₹69m | n/a | ₹5b |
| Dec 31 2024 | n/a | n/a | ₹7b |
| Sep 30 2024 | n/a | n/a | ₹7b |
| Jun 30 2024 | n/a | n/a | ₹7b |
| Mar 31 2024 | ₹60m | n/a | ₹7b |
| Dec 31 2023 | n/a | n/a | ₹4b |
| Sep 30 2023 | n/a | n/a | ₹4b |
| Jun 30 2023 | n/a | n/a | ₹3b |
| Mar 31 2023 | ₹64m | ₹56m | ₹3b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹507m |
| Jun 30 2022 | n/a | n/a | ₹476m |
| Mar 31 2022 | ₹55m | n/a | ₹54m |
| Dec 31 2021 | n/a | n/a | ₹51m |
| Sep 30 2021 | n/a | n/a | ₹122m |
| Jun 30 2021 | n/a | n/a | ₹460m |
| Mar 31 2021 | ₹67m | n/a | ₹843m |
| Dec 31 2020 | n/a | n/a | ₹1b |
| Sep 30 2020 | n/a | n/a | ₹2b |
| Jun 30 2020 | n/a | n/a | ₹990m |
| Mar 31 2020 | ₹95m | ₹95m | ₹301m |
| Mar 31 2019 | ₹42m | ₹42m | -₹19b |
Compensation vs Market: Ajay Chamanlal's total compensation ($USD781.86K) is above average for companies of similar size in the Indian market ($USD284.39K).
Compensation vs Earnings: Ajay Chamanlal's compensation has been consistent with company performance over the past year.
CEO
Ajay Chamanlal Kanwal (59 yo)
Mr. Ajay Chamanlal Kanwal has been Managing Director and Chief Executive Officer at Jana Small Finance Bank Limited (Alternate name Janalakshmi Financial Services Limited) since August 1, 2017. Mr. Kanwal...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 8.2yrs | ₹69.40m | 0.28% ₹ 144.5m | |
| Chief Financial Officer | 2.3yrs | ₹9.80m | no data | |
| Head of Retail Financial Services & Executive Director | less than a year | ₹20.10m | no data | |
| Company Secretary & Compliance Officer | 7.2yrs | ₹6.70m | no data | |
| Chief Operating Officer | less than a year | ₹9.24m | no data | |
| Chief Information & Digital Officer | 5.8yrs | ₹10.03m | no data | |
| Chief Compliance Officer | 3.5yrs | ₹4.31m | no data | |
| President and Head of Branch Banking & Marketing | 3.5yrs | no data | no data | |
| Chief Human Resources Officer | 2.2yrs | no data | no data | |
| Senior Vice President of Special Projects | no data | no data | no data | |
| Head of Treasury & Capital Markets | 7.5yrs | no data | no data | |
| Head of Affordable & Micro Housing Loan | 7.4yrs | no data | no data |
Experienced Management: JSFB's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 8.2yrs | ₹69.40m | 0.28% ₹ 144.5m | |
| Head of Retail Financial Services & Executive Director | 1.8yrs | ₹20.10m | no data | |
| Non-Independent & Non-Executive Director | 7.7yrs | no data | no data | |
| Non-Executive Non-Independent Nominee Director | 5.1yrs | ₹400.00k | no data | |
| Independent Part Time Chairman | 7.7yrs | ₹2.80m | no data | |
| Non-Executive Independent Director | 2.6yrs | ₹2.70m | no data | |
| Non-Executive Independent Director | 5.8yrs | ₹3.00m | no data | |
| Independent Director | 4.2yrs | ₹3.50m | no data | |
| Non-Executive Independent Director | 3.4yrs | ₹2.40m | no data | |
| Additional Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 1.3yrs | ₹1.60m | no data |
Experienced Board: JSFB's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/04 17:33 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Jana Small Finance Bank Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Renish Bhuva | ICICI Securities Ltd. |
| Chintan Shah | ICICI Securities Ltd. |
| Nidhesh Jain | Investec Bank plc (UK) |