Jana Small Finance Bank shares hit a 52-week high after the lender reported a 52% YoY jump in Q1 FY27 profit, driven by strong NII growth, healthy deposits and stable asset quality. Positive FY27 guidance further boosted investor sentiment.
Jana Small Finance Bank's shares witnessed more than 6% rise in the initial trading on Thursday due to a good set of Q1 FY27 results announced by the bank. The stock hit an all-time high 52-week level due to solid profit and net interest income growth.
Jana Small Finance Bank saw excellent growth in its key financial indicators like net profit and net interest income.
Jana Small Finance Bank Net Profit Rises 52%
The standalone net profit of Jana Small Finance Bank grew by 52.29% YoY to ₹155.23 crore in Q1 FY27 compared to ₹101.93 crore in the corresponding quarter of the previous fiscal year. The rise in the profitability of the bank was fueled by the higher earning from loans and the sharp increase in NII.
The interest income from advances stood at ₹1,514.53 crore, an increase of 22.04% YoY compared to ₹1,240.65 crore in Q1 FY26. The Net Interest Income (NII) of the bank rose by 33% YoY to ₹782 crore.
Deposit Growth Remains Strong with CASA Expansion
The bank continued to bolster its deposit franchise in the quarter. Deposits were up to ₹35,756 crore, showing a growth rate of 22% from the same period last year.
CASA deposits were ₹6,871 crore, up 31% from the corresponding quarter of the prior year.
Asset Quality Improves Despite Unsecured Lending Concerns
There was a positive trend in asset quality for Jana Small Finance Bank for the quarter under review. The Gross NPA ratio decreased to 2.39% from 2.46%, while the Net NPA increased slightly to 0.91% from 0.92%.
The asset quality remained stable for the bank, despite the general fears of delinquencies in the unsecured loans sector.
Focus on Secured Lending Drives Growth
The bank went ahead with its move to a secured loan portfolio. The total assets under management increased by 26%, and secured loans by 29%.
The strategy behind the increased emphasis on securing products such as housing and mortgage-related loans is an effort to make the portfolio stable and ensure sustainable growth.
Management Maintains Positive FY27 Outlook
The management has been looking at the FY27 with a positive outlook. They have forecasted deposit growth of about 23% to 25% for the financial year. Furthermore, they have also guided a profit after tax growth of over 80% in FY27.
In connection to their expansion, the bank opened eight new branches in the quarter.
Jana Small Finance Bank Share Price Performance
After the results, Jana Small Finance Bank’s shares opened up at ₹502, having risen by 2.68% as compared to its closing price of ₹488.90. The demand for the shares grew, and the share reached an intraday high of ₹521.05, which is an increase of 6.58% as compared to its closing price the previous day.
Jana Small Finance Bank’s shares have gained over 8% in 2026. For the past one year, the shares have been fairly stable, yielding over 2%.
About Jana Small Finance Bank Ltd
Jana Small Finance Bank was founded as a non-banking financial company, with the name “Janalakshmi Financial Services Limited” in 2008. It was later running as an NBFC-MFI and got licensed for small finance bank on April 28, 2017. Banking operations of the bank were started on March 28, 2018.
The headquarters of the bank is located in Bengaluru, and it offers services related to retail banking in fields such as microfinance, housing loans, micro-housing, mortgage-based lending, and lending to micro and small enterprises. As on June 30, 2026, there are 826 branches of Jana Small Finance Bank.
