JANA SMALL FIN BANK LTD

During the Q1 FY27 earnings conference call, management reported a profit after tax (PAT) of INR 155 crore and a net interest margin (NIM) of 7.5%, attributed to a decline in the cost of funds and reduced slippage in non-performing assets (NPA). Management noted a year-on-year decline in slippage and a strong growth in retail deposits, particularly in CASA, which grew by 31%. They highlighted plans to open 78 branches, with 8 being new, and discussed the launch of new products including a Credit Line on UPI. Management addressed concerns regarding the holding company's rating downgrade, clarifying that it did not impact the bank's operations. They set a goal for gross loan growth of 19% to 21% and deposit growth of 23% to 25% for the year. Overall, management expressed confidence in the bank's performance and future prospects, emphasizing a focus on secured lending and maintaining asset quality.

Management emphasized strong performance and growth initiatives.