Jana Small Finance Bank (JSFB) - Net Assets

Latest as of March 2026: Rs44.70 Billion INR ≈ $483.44 Million USD

Based on the latest financial reports, Jana Small Finance Bank (JSFB) has net assets worth Rs44.70 Billion INR (≈ $483.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs474.48 Billion ≈ $5.13 Billion USD) and total liabilities (Rs429.78 Billion ≈ $4.65 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Jana Small Finance Bank tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs44.70 Billion
% of Total Assets	9.42%
Annual Growth Rate	19.75%
5-Year Change	272.3%
10-Year Change	86.52%
Growth Volatility	49.96

Jana Small Finance Bank - Net Assets Trend (2013–2025)

This chart illustrates how Jana Small Finance Bank's net assets have evolved over time, based on quarterly financial data. See how many days can Jana Small Finance Bank fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Jana Small Finance Bank (2013–2025)

The table below shows the annual net assets of Jana Small Finance Bank from 2013 to 2025. For live valuation and market cap data, see market cap of Jana Small Finance Bank.

Year	Net Assets	Change
2025-09-30	Rs44.70 Billion ≈ $483.44 Million	+8.54%
2024-09-30	Rs41.18 Billion ≈ $445.38 Million	+15.13%
2023-09-30	Rs35.77 Billion ≈ $386.85 Million	+99.03%
2022-09-30	Rs17.97 Billion ≈ $194.37 Million	+49.68%
2021-09-30	Rs12.01 Billion ≈ $129.85 Million	+7.70%
2020-09-30	Rs11.15 Billion ≈ $120.56 Million	+6.83%
2019-09-30	Rs10.44 Billion ≈ $112.85 Million	+54.90%
2018-09-30	Rs6.74 Billion ≈ $72.85 Million	-55.94%
2017-09-30	Rs15.29 Billion ≈ $165.34 Million	-36.21%
2016-09-30	Rs23.97 Billion ≈ $259.19 Million	+95.10%
2015-09-30	Rs12.28 Billion ≈ $132.85 Million	+14.45%
2014-09-30	Rs10.73 Billion ≈ $116.08 Million	+108.83%
2013-09-30	Rs5.14 Billion ≈ $55.58 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Jana Small Finance Bank's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component	Amount	Percentage
Common Stock	Rs1.05 Billion	2.36%
Other Components	Rs43.65 Billion	97.64%
Total Equity	Rs44.70 Billion	100.00%

Jana Small Finance Bank Competitors by Market Cap

The table below lists competitors of Jana Small Finance Bank ranked by their market capitalization.

Company	Market Cap
Cuckoo Electronics Co Ltd KO:192400	$537.07 Million
Probe Gold Inc. TO:PRB	$537.15 Million
Sariguna Primatirta PT JK:CLEO	$537.21 Million
LUBAWA SA WAR:LBW	$537.22 Million
Kenda Rubber Industrial Co Ltd TW:2106	$537.00 Million
Farmacias Benavides S.A.B. de C.V. MX:BEVIDESB	$536.94 Million
Aquestive Therapeutics Inc NASDAQ:AQST	$536.91 Million
Shanghai Yimin Commerce Group Co Ltd SHG:600824	$536.75 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jana Small Finance Bank's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 41,183,457,000 to 44,702,071,000, a change of 3,518,614,000 (8.5%).
Net income of 3,264,282,000 contributed positively to equity growth.
New share issuances of 105,969,000 increased equity.
Other comprehensive income decreased equity by 6,300,481,000.
Other factors increased equity by 6,448,844,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs3.26 Billion	+7.3%
Share Issuances	Rs105.97 Million	+0.24%
Other Comprehensive Income	Rs-6.30 Billion	-14.09%
Other Changes	Rs6.45 Billion	+14.43%
Total Change	Rs-	8.54%

Book Value vs Market Value Analysis

This analysis compares Jana Small Finance Bank's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.11x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-09-30	Rs390.11	Rs471.40	x
2014-09-30	Rs601.04	Rs471.40	x
2015-09-30	Rs568.37	Rs471.40	x
2016-09-30	Rs878.84	Rs471.40	x
2017-09-30	Rs481.08	Rs471.40	x
2018-09-30	Rs170.68	Rs471.40	x
2019-09-30	Rs204.38	Rs471.40	x
2020-09-30	Rs206.78	Rs471.40	x
2021-09-30	Rs218.77	Rs471.40	x
2022-09-30	Rs300.00	Rs471.40	x
2023-09-30	Rs484.68	Rs471.40	x
2024-09-30	Rs391.53	Rs471.40	x
2025-09-30	Rs423.43	Rs471.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jana Small Finance Bank utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 7.30%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.12%
• Asset Turnover: 0.13x
• Equity Multiplier: 10.61x
Recent ROE (7.30%) is above the historical average (-27.14%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	9.85%	20.37%	0.10x	4.89x	Rs-7.69 Million
2014	7.03%	18.48%	0.08x	4.66x	Rs-319.22 Million
2015	13.05%	17.20%	0.08x	9.30x	Rs374.48 Million
2016	7.10%	10.66%	0.11x	6.28x	Rs-695.59 Million
2017	-163.77%	-155.68%	0.16x	6.38x	Rs-26.57 Billion
2018	-289.33%	-143.41%	0.14x	14.02x	Rs-20.16 Billion
2019	2.89%	1.33%	0.16x	13.55x	Rs-742.19 Million
2020	6.48%	2.70%	0.14x	17.11x	Rs-392.21 Million
2021	1.46%	0.58%	0.15x	16.81x	Rs-1.03 Billion
2022	14.24%	7.05%	0.14x	14.27x	Rs762.46 Million
2023	18.72%	14.84%	0.14x	9.14x	Rs3.12 Billion
2024	12.18%	9.34%	0.14x	9.34x	Rs895.84 Million
2025	7.30%	5.12%	0.13x	10.61x	Rs-1.21 Billion

Industry Comparison

This section compares Jana Small Finance Bank's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $105,668,636,200
Average return on equity (ROE) among peers: 7.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jana Small Finance Bank (JSFB)	Rs44.70 Billion	9.85%	9.61x	$537.03 Million
AU Small Finance Bank Limited (AUBANK)	$7.66 Billion	18.19%	4.19x	$8.30 Billion
Bandhan Bank Limited (BANDHANBNK)	$44.46 Billion	25.01%	5.80x	$3.73 Billion
Bank of Baroda (BANKBARODA)	$218.99 Billion	20.25%	15.72x	$15.83 Billion
Bank of India (BANKINDIA)	$369.16 Billion	-16.15%	15.66x	$7.27 Billion
Canara Bank (CANBK)	$328.59 Billion	-7.93%	16.16x	$13.24 Billion
Capital Small Finance Bank Limited (CAPITALSFB)	$2.50 Billion	7.76%	16.26x	$142.52 Million
Central Bank of India (CENTRALBK)	$18.68 Billion	17.14%	29.40x	$3.24 Billion
CSB Bank Limited (CSBBANK)	$9.74 Billion	-20.27%	15.89x	$673.57 Million
City Union Bank Limited (CUB)	$16.41 Billion	19.63%	13.00x	$1.59 Billion
DCB Bank Limited (DCBBANK)	$40.49 Billion	7.10%	10.07x	$647.71 Million

About Jana Small Finance Bank

NSE:JSFB India Banks - Regional

Market Cap

$537.03 Million

Rs49.66 Billion INR

Market Cap Rank

#12002 Global

#581 in India

Share Price

Rs471.40

Change (1 day)

+0.78%

52-Week Range

Rs341.85 - Rs513.15

All Time High

Rs736.20