Is The Jammu and Kashmir Bank a Good Buy After Its Q1 FY27 Results?
- September 4, 2026
- Posted by: Lakshit Sharma
- Category: Market
The Jammu and Kashmir Bank share price around Rs 152. 24.8% below 52-week high of Rs 202. Q1 FY27 revenue Rs 3,765 crore, up 6.9% YoY. PAT Rs 425 crore, down 12.5%. PE 7x.
Quick Answer
The Jammu and Kashmir Bank’s Q1 FY27 results were mixed, with revenue at Rs 3,765 crore but PAT falling 12% to Rs 425 crore. The The Jammu and Kashmir Bank share price near Rs 152 has not escaped this pressure, and the profit decline is the key data point investors should weigh before deciding whether The Jammu and Kashmir Bank is a good buy right now.
The The Jammu and Kashmir Bank share price has been under the spotlight this results season after the company reported its first-quarter numbers for FY27. The Jammu and Kashmir Bank is the largest bank in Jammu and Kashmir, with a dominant regional deposit and lending franchise, and its Q1 FY27 print, for the quarter ended June 30, 2026, gives investors a fresh data point to test whether the stock still deserves a place in a portfolio at current levels.
Revenue for the quarter came in at Rs 3,765 crore, up 6.9% year on year, while profit after tax came in at Rs 425 crore, down 12.5% from a year earlier. That combination of numbers is exactly what this article breaks down, along with what it means for the The Jammu and Kashmir Bank share price from here.
This piece works through the quarter’s financial highlights, the business factors behind the numbers, where the The Jammu and Kashmir Bank share price stands against its 52-week range and valuation multiples, and the key risks worth watching before treating this as a buy, hold or a stock to avoid for now.
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The Jammu and Kashmir Bank Q1 FY27 Financial Highlights
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Revenue | Rs 3,765 crore | Rs 3,523 crore | 6.9% |
| EBITDA | Rs 621 crore | Rs 659 crore | -5.8% |
| Operating Margin | 75.2% | 75.3% | NA |
| Profit Before Tax | Rs 621 crore | Rs 659 crore | -5.8% |
| Net Profit / (Loss) | Rs 425 crore | Rs 486 crore | -12.5% |
The Jammu and Kashmir Bank Q1 FY27 Performance Analysis
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Revenue growth of 6.9% for the quarter came from steady demand across the company’s core business, keeping the topline trend intact for the regional banking sector.
Profitability is where the quarter disappointed. PAT fell 12% year on year to Rs 425 crore even as revenue grew, which points to margin or cost pressure that management will need to address. This gap between top-line and bottom-line performance is the key thing weighing on the The Jammu and Kashmir Bank share price this quarter.
On a sequential basis, revenue moved up 6.5% sequentially from Rs 3,536 crore in the March 2026 quarter and net profit moved down 46.8% sequentially from Rs 799 crore in the prior quarter, giving a fuller picture of the trend behind the The Jammu and Kashmir Bank share price than the year on year comparison alone.
Key Business Factors in Q1 FY27
Revenue Trend
The Jammu and Kashmir Bank’s revenue grew 6.9% year on year this quarter, taking the quarterly base to Rs 3,765 crore in a regional banking business that remains sensitive to demand and pricing cycles that ultimately feed through to the The Jammu and Kashmir Bank share price.
Margin Movement
EBITDA fell to Rs 621 crore from Rs 659 crore, with operating margin slipping to 75.2% from 75.3%, pointing to cost or pricing pressure that management will need to manage through the rest of FY27.
Balance Sheet Position
The Jammu and Kashmir Bank’s balance sheet metrics were not fully available for this quarter and should be checked against the company’s official filings before making an investment decision.
Valuation Context
The stock trades at a PE of 7.2x, below the industry average of 12.4x, which is worth factoring into any read of whether the The Jammu and Kashmir Bank share price is expensive or reasonably priced.
Dividend Details
No interim dividend was declared alongside The Jammu and Kashmir Bank’s Q1 FY27 results. The stock has not paid a meaningful dividend in the trailing twelve months. Investors tracking the The Jammu and Kashmir Bank share price for income should watch the company’s announcements around its next annual results for any dividend decision.
The Jammu and Kashmir Bank Share Price Outlook for FY27
The key question for the rest of FY27 is whether The Jammu and Kashmir Bank can arrest the margin pressure seen this quarter. Revenue growth alone will not be enough to support the The Jammu and Kashmir Bank share price if profitability keeps slipping, so investors should watch the next couple of quarters for signs of a turnaround in the bottom line.
A stabilising or improving margin trend in the next result would be the clearest signal that this quarter’s profit decline was a temporary setback rather than the start of a longer slide for the The Jammu and Kashmir Bank share price.
The Jammu and Kashmir Bank Stock Performance
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The The Jammu and Kashmir Bank share price was trading around Rs 152 as results season played out in late August 2026, roughly 24.8% below its 52-week high of Rs 202 and well above its 52-week low of Rs 97. Promoter holding stood at 59.4% as of the June 2026 quarter.
The The Jammu and Kashmir Bank share price has likely already absorbed some of this quarter’s disappointment, but further downside is possible if the next results confirm the same trend rather than a one-off. On profitability ratios, the company reports a return on equity of 14.88% and a book value of around Rs 141 per share, both useful reference points when judging whether the current price is reasonable.
Key Risks
Profitability Risk
The quarter’s profit trend is the clearest risk here. Until The Jammu and Kashmir Bank shows a sustained improvement in margins or the bottom line, the stock is likely to stay volatile around results.
Sector and Demand Risk
As a regional banking business, The Jammu and Kashmir Bank’s results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the The Jammu and Kashmir Bank share price well before the next result.
Execution Risk
Sustaining this quarter’s trend into the rest of FY27 depends on management execution on costs, pricing and demand, none of which are guaranteed.
Conclusion
The Jammu and Kashmir Bank’s Q1 FY27 results show a business still growing its top line but losing ground on profitability, with PAT down 12% to Rs 425 crore even as revenue rose. The The Jammu and Kashmir Bank share price reflects a stock in wait-and-watch mode, and it is not an obvious buy purely on this quarter’s numbers until the margin trend turns around.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on The Jammu and Kashmir Bank Q1 FY27 Results
What were The Jammu and Kashmir Bank’s Q1 FY27 results?
Ans. The Jammu and Kashmir Bank reported Q1 FY27 revenue of Rs 3,765 crore, up 6.9% year on year, and PAT of Rs 425 crore, down 12.5% year on year.
Is The Jammu and Kashmir Bank a good buy after its Q1 FY27 results?
Ans. The Jammu and Kashmir Bank’s profitability came under pressure this quarter, which makes this a stock to watch rather than an obvious buy purely on this result. Investors should form their own view based on their own risk appetite and time horizon.
What is the The Jammu and Kashmir Bank share price today?
Ans. The The Jammu and Kashmir Bank share price was trading around Rs 152 in late August 2026, about 24.8% below its 52-week high of Rs 202 and well above its 52-week low of Rs 97.
What is The Jammu and Kashmir Bank’s revenue and profit for Q1 FY27?
Ans. The Jammu and Kashmir Bank reported revenue of Rs 3,765 crore and a net profit of Rs 425 crore for the quarter ended June 30, 2026.
Did The Jammu and Kashmir Bank declare a dividend with its Q1 FY27 results?
Ans. No interim dividend was declared alongside The Jammu and Kashmir Bank’s Q1 FY27 results. Investors should track the company’s next annual results for any dividend announcement.
What is The Jammu and Kashmir Bank’s PE ratio and is it expensive?
Ans. The The Jammu and Kashmir Bank share price trades at a trailing PE of 7.2x, against an industry average of 12.4x. Investors should compare this with the company’s growth rate before judging value.
What are the key risks for The Jammu and Kashmir Bank investors right now?
Ans. The quarter’s profit trend is the clearest risk here. Until The Jammu and Kashmir Bank shows a sustained improvement in margins or the bottom line, the stock is likely to stay volatile around results. Sustaining this quarter’s trend into the rest of FY27 depends on management execution on costs, pricing and demand, none of which are guaranteed.
What is The Jammu and Kashmir Bank’s promoter shareholding?
Ans. Promoter holding in The Jammu and Kashmir Bank stood at 59.4% as of the June 2026 quarter.