Jana Small Finance Bank Limited — Investor Meet, 11-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Jana Small Finance Bank reported Q3 as a turnaround quarter, with slippages and SMA trends showing significant improvement and expected to decline further in Q4. Disbursals reached an 18-month high. NIM grew modestly, and total deposits increased 30% year-on-year, with the cost of funds declining. Q3 PAT stood at ₹10 crore, with Q4 PAT projected between ₹140-160 crore. Management anticipates next year's ROE at 14-15%, ROA at 1.5-1.6%, and NIM at 7-7.1%. The unsecured book is increasingly covered by guarantee programs, and collection efficiencies are improving. Management expressed confidence in a sustained growth and profitability trajectory.