Synopsis:
The shares of this bank are in focus after ace investor Mukul Agarwal picks up a 1.27 percent stake in this bank.
The shares of this bank are in focus after Mukul Mahavir Agarwal’s name appeared in its shareholding structure, who is known for his renowned investments. In this article, we will dive deep into the details.
With a market capitalization of Rs 12,317 crores, the shares of The Jammu and Kashmir Bank are currently trading at Rs 112 per share, down by more than 9.5 percent from its 52-week high of Rs 123.80 per share. Over the past five years, the stock has delivered a return of 496 percent.
Mukul Mahavir Agarwal has bought a fresh stake in the business, representing a 1.27 percent ownership in the company. As of June 2025, Promoters hold a 59.40 percent stake, followed by Public with 26.72 percent, FIIs with 8.01 percent, and DIIs with 5.87 percent.
As per the latest corporate shareholdings filed, Mukul Agrawal publicly holds 61 stocks with a net worth of over Rs. 6,700 crore. Some of his top holdings are Neuland Laboratories (467 crore), BSE (396.5 crore), Nuvama Wealth (373.3 Crore), Radico Khaitan (370.5 crore), etc.
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Financial Highlights
The bank reported a revenue of Rs 12,541 crores in FY25, up by 11.85 percent from its FY24 revenue of Rs 11,213 crores. Additionally, the bank reported a net profit increase of 17.56 percent to Rs 2,082 crore in FY25 from Rs 1,771 crore in FY24.
In Q1 FY26, the bank’s gross advances grew by 5.54 percent YoY to Rs 1,04,040 crore. Additionally, its Total Deposits grew by 12 percent YoY to Rs 1,48,542 crore, and CASA deposits grew by 2.91 percent YoY to Rs 67,900. However, its CASA% shrank by 406 bps YoY to 45.71 percent from 49.77.
The stock delivered an ROE and ROCE of 15.77 percent and 6.15 percent respectively, and is currently trading at a P/E of 5.89x as compared to its industry average of 13.64x.
Jammu and Kashmir Bank provides a variety of banking and financial services in retail, corporate, and treasury areas. Its products include loans, savings accounts, term deposits, insurance, credit cards, and agricultural finance. It offers home, personal, education, and consumer loans, along with plans for laptop/PC finance, festival advances, and more.
Written by Satyajeet Mukherjee
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