Jana Small Finance Bank Share Price Target 2024, 2025, 2026, 2030
Jana Small Finance Bank Share Price Target 2024, 2025, 2026, 2030 : Jana Small Finance Bank’s IPO has come recently. The company works in the fast growing sector of banking and finance.
Today we will know the share price target of this small finance bank, what kind of returns this company can give in the coming years and at the same time we will also know the business of the company and its fundamentals and valuation.
If you are thinking of investing in the shares of this company or have already invested, then this article is going to be very informative for you.
In this article, we will give you information about whether you should invest in this company along with the share price target and we will also tell you the pros and cons of this company.
Business of Jana Small Finance Bank
Jana Small Finance Bank This company was started in 2006. It is an NBFC (Non-Banking Financial Company) company which works in providing Affordable Housing loans, MSME Loans, Two Wheeler Loans, Gold Loans and loans against fixed deposits. .
The company has been in this business for almost 17 years. Jana Small Finance Bank is one of the 4th largest small finance banks in India in terms of deposit size and AUM.
Recently, the IPO of Jana Small Finance Bank Ltd came on 9 February 2024, when the company had brought its IPO at an IPO price of Rs 414 and today the company’s shares are trading in the stock exchange at a price of Rs 428, i.e. The company’s shares have given returns of about 4 to 5 percent after listing.
| Company Name | Jana Small Finance Bank |
| Market Cap | 4480 Cr. |
| 52 High/Low | 438 / 365 |
| Debt | 22611 Cr. |
| PE Ratio | 17.4 |
| ROE | 19.9 % |
| ROCE | 7.66 % |
| Debt To Equity | 15 |
| Pramoter Holding | 22.5 % |
| Price To Book Value |
Jana Small Finance Bank Share Price Target 2024, 2025, 2026, 2030 Table
| Year | Minimum Price (₹) | Maximum Price (₹) |
| Jana Small Finance Bank Share Price Target 2024 | 513 | 518 |
| Jana Small Finance Bank Share Price Target 2025 | 648 | 654 |
| Jana Small Finance Bank Share Price Target 2026 | 798 | 806 |
| Jana Small Finance Bank Share Price Target 2027 | 928 | 946 |
| Jana Small Finance Bank Share Price Target 2028 | 1,230 | 1,242 |
| Jana Small Finance Bank Share Price Target 2029 | 1,466 | 1,481 |
| Jana Small Finance Bank Share Price Target 2030 | 1,925 | 1,964 |
| Jana Small Finance Bank Share Price Target 2035 | 5,892 | 5,951 |
| Jana Small Finance Bank Share Price Target 2040 | 23,804 | 24,280 |
Jana Small Finance Bank is increasing its loan book by about 20 percent year after year, due to which the company has the ability to give good returns in the coming years.
If the company’s profit continuously increases by 15 to 18 percent every year, then the company will definitely achieve the share price target given above.
Jana Small Finance Bank Share Price Target 2024
If seen in terms of deposit size and AUM, Jana Small Finance Bank Limited is one of the fourth largest small finance banks in India. The deposit size of the company is increasing at a CAGR of 15 percent annually.
According to experts, this company can give a return of about 20 percent to its investors in 2024 and you will see the share of Jana Small Finance Bank Share Price Target 2024 going from about Rs 513 to Rs 518 in 2024.
Jana Small Finance Bank Share Price Target 2025
Jana Small Finance Bank has about 754 branches in about 22 states and two union territory states.
That is, the business of Jana Small Finance Bank Limited is completely spread in the country and because this company comes out of the NBFC sector, its business is expected to remain in good growth in the coming years.
Therefore, good returns can be expected from this company. The target of Jana Small Finance Bank i.e. Jana Small Finance Bank Share Price Target 2025 will be between Rs 648 to Rs 654.
Jana Small Finance Bank Share Price Target 2026
Most of the business of this NBFC company comes from Tamil Nadu, Karnataka and Maharashtra. The company is giving about 38 percent loans from its loan book in these states.
Most of the customer base of the company is in Tamil Nadu, Karnataka, Maharashtra, West Bengal and about 30 percent of the branches of this bank are in these states.
As the company focuses on other states also, the business of this company will grow rapidly. Along with this, the company is also improving its cost of funds. The cost of funds of the company was earlier 8.61% in FY 2021, which has now reduced to 7.55% in September 2023.
Now if we talk about the share price target of this company Jana Small Finance Bank Share Price Target 2026, then the share price target of the company can be Rs 798 to Rs 806 in 2026.
Jana Small Finance Bank Share Price Target 2030
Jana Small Finance Bank Limited is continuously improving its asset quality. The company’s GNPA i.e. Gross Non Performing Asset was 7.25 percent in March 2021, which has now continuously reduced to 3.94% in March 2023 and further reduced to 2.44% in September 2023. .
The lower the GNPA for any bank or NBFC company, the better it is considered. Along with this, there is a continuous decline in the company’s NNPA i.e. Net Non Performing Asset, which shows the good asset quality of the company.
Looking at the continuously improving business and growth of the company, experts are looking bullish about the share price target of the company and in Jana Small Finance Bank Share Price Target 2030, you will see the company’s share going from Rs 1925 to Rs 1964.
Jana Small Finance Bank Assets, Revenue, Profit And Net Worth
The financials of Jana Small Finance Bank Limited are as follows.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 28,105.87 | 25,643.69 | 20,188.71 | 19,078.66 |
| Revenue | 2215.57 | 3699.88 | 3062.37 | 2720.74 |
| Profit After Tax | 213 | 255 | 17 | 72.26 |
| Net Worth | 2547 | 1777 | 1184 | 1100 |
| Reserves And Surplus | 2225 | 1472 | 999 | 914 |
| Total Borrowing | 5313 | 6277 | 4509 | 4815 |
Jana Small Finance Bank Ltd Valuation Detail Compare to Competitor Company
The valuation of Jana Small Finance Bank Ltd appears cheaper in comparison to other computer companies like AU Small Finance Bank, Suryodaya SFB, Spandana Spooty, Bandhan Bank, Credit Access Grameen, that is, the company is compared to other companies working in the same sector. Currently, it is available from them at a cheap valuation.
| Total Income | Face | PE | |
| Value | Ratio of | ||
| Rs. in Cr. | Rs | ||
| Jana Small Finance B | 3,700 | 10 | 8.72 |
| AU Small Finance Bank | 9,240 | 10 | 31.55 |
| Suryodaya SFB | 1,281 | 10 | 23.97 |
| Credit Access Grameen | 3,551 | 10 | 21.84 |
| Spandana Spooty | 1,477 | 10 | 16.43 |
| Bandhan Bank | 18,373 | 10 | 17.35 |
Jana Small Finance Bank Fundamental
Jana Small Finance Bank is not Trading at PE Ratio 17 and the ROE And ROCE number of this company are also good which shows that this company is a fundamentally strong company.
| ROE | 16.78 % |
| ROCE | 14.40 % |
conclusion :
This company is good for investment but there are many companies providing banking and financial services in India, hence there is a lot of competition in this sector. Many NBFC companies are already present in India. Some of these companies share Some companies are listed in the stock market while some are not listed in the stock market.
The purpose of the information given in this article is for education. We do not ask you to buy any shares. Before investing in the shares of any company, definitely take advice from your financial advisor.
