AI Summary
✦ ClarthaPrice Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 3 analysts
Fundamentals
Fundamentals institutional score is 92 using growth durability 91.6.
Valuation
Valuation institutional score is 51 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 62 using mean target upside 6.2%; dispersion penalty 1.0; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 69 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
This data source has not been supplied for the decision payload.
Signal Summary
Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 18.5% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.82). Confidence: 83%.
Live forward EPS implies next-12-month EPS of ₹68.00. Applying the stock's normalized valuation corridor produces a fair range of ₹794.24 to ₹946.56, with base value near ₹871.76 (+59.6% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹68.00
Forward P/E
8.0x
Base Fair Value
₹871.76
Fair Range
₹794.24 - ₹946.56
Upside To Base
+59.6%
Estimate Source
Live forward EPS
Growth Estimate
+52.2%
5Y Average
1.16
Current
1.29
Overvalued
1.34
Undervalued
0.99
5Y Average
13.48
Current
15.19
Overvalued
13.92
Undervalued
11.68
5Y Average
1.74
Current
1.96
Overvalued
2.00
Undervalued
1.48
Peers & Comparison
Sector: Financials · Theme: Private Banks
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
EQUITAS SMALL FIN BNK LTD EQUITASBNKPrivate Banks | +19.2% | 10.9% | 16.6x Premium | +52% vs avg | +37.4% |
CITY UNION BANK LTD CUBPrivate Banks | +23.3% | 37.8% | 15.0x Premium | +38% vs avg | +35.2% |
UJJIVAN SMALL FINANC BANK UJJIVANSFBPrivate Banks | +49.6% | 19.6% | 15.0x Premium | +38% vs avg | +64.2% |
DCB BANK LIMITED DCBBANKPrivate Banks | +17.4% | 25.3% | 7.7x Undervalued | -29% vs avg | +51.5% |
CSB BANK LIMITED CSBBANKPrivate Banks | +16.9% | 24.1% | 8.2x Undervalued | -25% vs avg | -15.7% |
J & K BANK LTD. J&KBANKPrivate Banks | — | 34.2% | 7.4x Undervalued | -32% vs avg | +51.3% |
TAMILNAD MERCA BANK LTD TMBPrivate Banks | +18.3% | 41.2% | 9.4x Fair | -14% vs avg | +102.2% |
THE SOUTH INDIAN BANK LTD SOUTHBANKPrivate Banks | +8.6% | 29.4% | 7.9x Undervalued | -28% vs avg | +57.7% |
JANA SMALL FIN BANK LTD trades at a premium (15.3x vs peer avg 10.9x), implying higher growth or quality expectations from the Private Banks cohort. Peers include EQUITAS SMALL FIN BNK LTD, CITY UNION BANK LTD, UJJIVAN SMALL FINANC BANK — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.51K CrJun 2026Latest net profit
₹155 CrJun 2026Free cash flow
₹472 CrMar 2026Net Profit
₹155 CrProfit conversionPerformance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 885 | 979 | 1,038 | 1,112 | 1,167 | 1,166 | 1,177 | 1,184 | 1,241 | 1,305 | 1,374 | 1,445 | 1,515 |
| Interest | 423 | 453 | 490 | 520 | 557 | 572 | 585 | 602 | 655 | 686 | 709 | 709 | 732 |
| Expenses + | 560 | 566 | 553 | 604 | 639 | 681 | 665 | 696 | 750 | 791 | 899 | 861 | 854 |
| Financing Profit | -98 | -41 | -5 | -13 | -29 | -87 | -72 | -114 | -164 | -172 | -235 | -126 | -72 |
| Financing Margin % | -11% | -4% | -0% | -1% | -2% | -7% | -6% | -10% | -13% | -13% | -17% | -9% | -5% |
| Other Income + | 188 | 164 | 140 | 179 | 189 | 176 | 177 | 234 | 266 | 247 | 245 | 266 | 227 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 90 | 123 | 135 | 166 | 160 | 88 | 105 | 120 | 102 | 75 | 10 | 140 | 155 |
| Tax % | 0% | 0% | 0% | -93% | -7% | -9% | -5% | -3% | 0% | 0% | 0% | 0% | 0% |
| Net Profit + | 90 | 123 | 135 | 322 | 171 | 97 | 111 | 123 | 102 | 75 | 10 | 140 | 155 |
| EPS in Rs | 17.81 | 24.22 | 26.54 | 30.76 | 16.31 | 9.25 | 10.56 | 11.75 | 9.69 | 7.13 | 0.92 | 13.28 | 14.74 |
| Gross NPA % | 2.94% | 2.44% | 2.19% | 2.11% | 2.62% | 2.97% | 2.80% | 2.71% | 2.91% | 2.87% | 2.59% | 2.46% | 2.39% |
| Net NPA % | 1.19% | 0.87% | 0.71% | 0.56% | 0.99% | 0.99% | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% | 0.92% | 0.91% |
| Raw PDF | |||||||||||||
| YOY Sales Growth % | 30.56% | 36.27% | 28.36% | 31.03% | 31.88% | 19.10% | 13.43% | 6.48% | 6.31% | 11.90% | 16.66% | 22.02% | 22.08% |
| Employee Cost % | 26.22% | 24.42% | 23.55% | 23.30% | 23.79% | 25.39% | 26.28% | 27.64% | 28.29% | 27.25% | 26.91% | 26.58% | 27.39% |
| Other income normal | 188 | 164 | 140 | 179 | 189 | 176 | 177 | 234 | 266 | 247 | 245 | 266 | 227 |
| Profit excl Excep | 90 | 123 | 135 | 322 | 171 | 97 | 111 | 123 | 102 | 75 | 10 | 140 | 155 |
| Profit for PE | 90 | 123 | 135 | 322 | 171 | 97 | 111 | 123 | 102 | 75 | 10 | 140 | 155 |
| Profit for EPS | 90 | 123 | 135 | 322 | 171 | 97 | 111 | 123 | 102 | 75 | 10 | 140 | 155 |
| YOY Profit Growth % | 100% | 1,068% | 13% | 297% | 89% | -21% | -18% | -62% | -40% | -22% | -91% | 13% | 52% |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Receipt Of IBA Technology Award For Identity & Access Management At The IBA CISO Summit & Citations 2026
Shri Gautam Kumar Dak, Hon'Ble Minister Of State For Cooperative & Civil Aviation, Government Of Rajasthan, Inaugurated The 826Th Branch Of Jana Small Finance Bank In Jaipur.