Jana Small Finance Bank Limited has released the transcript of its earnings conference call for the quarter and year ended March 31, 2026. The call, conducted after the Board of Directors meeting on April 29, 2026, featured insights from MD & CEO Ajay Kanwal, Executive Director K.S. Raman, and CFO Abhilash Sandur. During the call, management confirmed that the bank met its guidance for Q4 FY26, achieving a PAT of ₹140 crores, net credit cost of ₹156 crores, and SMA below 4% at 3.66%. Slippages were reported at their lowest since Q1 2020, with net credit cost decreasing to 0.47%. Asset growth stood at 23% year-on-year, with secured assets growing by 28%. The deposit book also saw healthy growth of 23%, with a decrease in the cost of deposits. Key highlights included deposits reaching ₹35,784 crores, a secured asset mix moving towards the 80:20 ratio with secured assets at 72.6%, and record disbursements in Q4 FY26. The bank also noted that 77% of its unsecured book is covered under the guarantee program, with plans to increase this to 90%-95%. Future plans include expanding the branch network and launching new products like credit line on UPI and loans against shares/mutual funds. The bank expects continued NIM improvement driven by unsecured growth and a further decline in the cost of deposits in Q1 FY27. They are also planning to resubmit their application for a universal banking license. The guidance for FY27 includes a gross loan portfolio growth of 19%-21%, deposit growth of 23%-25%, and PAT growth of over 80% year-on-year. The bank was recognized as the best Small Finance Bank by Business Today in February 2026.
