J&KBANKNSE25 July 2025

The Jammu & Kashmir Bank Limited has informed the Exchange about Investor Presentation

The Jammu & Kashmir Bank Limited

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Jammu and Kashmir Bank Limited

Corporate Headquarters M A Road, Srinagar 190001 Kashmir, India CIN: L65110JK1938SGC000048

T +91 (0)194 248 3775 F +91 (0)194 248 1928

W www.jkbank.com E board.sectt@jkbmail.com

Board Secretariat

Ref:-JKB/BS/F3652/2025/081 Date: 25th July, 2025

National Stock Exchange of India Limited Exchange Plaza 5th Floor Plot No. C/1 G-Block Bandra Kurla Complex Bandra (E) Mumbai – 400 051 Symbol: J&KBANK

The BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001 Scrip Code:532209

SUB:- PRESENTATION FOR CONFERENCE CALL SCHEDULED FOR JULY 28, 2025

Dear Sirs,

Further to our letter no. JKB/BS/F3652/2025/069 dated July 16, 2025 and pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing Presentation for conference call with analysts and investors in connection with the Reviewed Financial Results of the Bank for the Quarter ended June 30, 2025 and the same can also be accessed at:

https://www.jkbank.com/investor/analystInteraction/investorAnalystInteractionSessions.php

This is for your information and appropriate dissemination.

Thanking you

Yours faithfully For Jammu and Kashmir Bank Limited

(Mohammad Shafi Mir) Company Secretary

Investor Presentation for Quarter Ended June 30, 2025

7/25/2025

Disclaimer

The Jammu and Kashmir Bank has created this presentation exclusively for general informational reasons, disregarding any individual's informational demands, financial circumstances, or special goals. Except for the historical information contained herein, statements in this presentation that contain terms or phrases like "is," "aims," "will," "would," "indicating," "expected to," "guidance," "way forward," "expected," "estimate," "objective," "goal," "strategy," "philosophy," "project," etc., and similar expressions or variations of such expressions may constitute ‘forward-looking statements’. Several risks, uncertainties, and other factors are included in these forward-looking statements, and they have the potential to cause actual results to differ materially from those predicted by the statements. While the Bank has made reasonable assumptions to support the forward-looking statements, in this presentation, there are still risks and uncertainties that could affect the Bank's ability to successfully implement its strategy, such as the dynamic and complex internal and external environment, which includes but is not limited to market, business, legal risks/changes in law, etc., future levels of non-performing loans, the Bank's growth and expansion in business, the impact of any acquisitions, the adequacy of its allowance for credit losses, its provisioning policies, the actual growth in demand for banking products and services, investment income, and cash flow projections. Note: “All financial figures in the presentation are from Audited Financials/Limited Reviewed financials and/or upon the forward-looking statements based on Management estimates. Anyone who relies on these financial data does so at their own risk and responsibility, and the Bank is not responsible for any gains or losses that result from this use of the data”.

if any,

7/25/2025

Jammu and Kashmir Bank Limited – Oldest Private Sector Bank in India

•

Jammu and Kashmir Bank Limited, was incorporated on October 1, 1938 and today caters to a wide range of customers including retail, corporate, agricultural, and MSME.

• Widespread Branch Network: 1019 Branches, of which 841 are operating in the UT of J&K, 37 in UT of Ladakh and 141 branches across 20 states & UTs outside the UTs of J&K and Ladakh.

• The GoJK is a majority holder, however the Bank enjoys full operational autonomy. The Bank has a wholly owned subsidiary called JKB Financial Services Limited and is also the Sponsor bank of Jammu and Kashmir Grameen Bank Limited.

•

Strong market presence and designated as Agency Bank by RBI for conducting government banking in UTs of J&K and Ladakh.

• The Bank has 12122 regular employees and 242 contractual employees.

• Bancassurance tie ups with LIC, PNB Metlife and Bajaj Life for Life Insurance and Bajaj Allianz General Insurance, Iffco Tokio and New India Assurance for General Insurance.

235923

241838

244733

260365

257308

(₹ CRORE)

103350

103920

103786

111797

108766

132573

137918

140947

148569

148542

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Deposits

Total Advances(incl. TWO)

Business

415

551

532

485

585

Jun-24

Sep-24

Dec-24 PAT (₹ crore)

Mar-25

Jun-25

J&K Bank stands as a pillar of support for the local communities while also extending its exceptional services beyond these regions.

TWO – Technical Write Off

7/25/2025

Journey of 8 Decades

2021-2025

▪ Global CSR Excellence &

Leadership Award

▪ Top Banker Award for PMEG

▪ Licensed Status ▪ Sponsored RRB

1980s

Listing on Stock Exchanges

2000s

1990s

▪ IT Developed to offer Internet Banking ▪ Tied up with an MNC for Bancassurance

1970s

▪ Sponsored 2nd RRB

Bank Incorporated and Business Commences

1938-39

2010-2020

▪ Total Business crossed ₹ 2.5 lakh crore in Fiscal 2025

with Advances crossing ₹ 1 lakh crore

▪ Hat-trick of record lifetime Annual Net Profit with

Net Profit of ₹ 2082 crores for FY 2024-25 ▪ QIP of ₹ 750 crores completed in FY 2023-24 ▪ India Ratings has upgraded the Bank’s long-term issuer rating to INDAA- from INDA+ with stable outlook.

▪ Market Capitalization and Net-worth crossing

₹10,000 crores

7/25/2025

Q1 FY2025-26 Performance at a Glance (YoY)

Profitability/Efficiency

Growth

Capital Adequacy

Asset Quality

NIM (Annualized) 3.72% (was 3.86%)

RoA (Annualized) 1.17% (was 1.08%)

Net Profit per Branch (Annualized) ₹ 1.90 crores (was ₹1.65 crores)

CIR 60.78% (was 61.96%)

7/25/2025

Deposits ₹ 1,48,542 crores Up 12.1%

Net Advances ₹ 1,01,230 crores Up 6.1%

Net Investments ₹42,758 crores Up 29.3%

Business per Employee ₹ 20.20 crores (was ₹18.01 crores)

CRAR 15.98% (was 15.07%)

CET 1 12.69% (was 11.76%)

Tier I 13.68% (was 12.81%)

Net Worth ₹ 13,550 crores Up 18.2%

GNPA 3.50% (was 3.91%)

NNPA 0. 82% (was 0.76%)

PCR 90.09% (was 91.57%)

Credit Cost (Annualized) 0.13% (was 0.00%)

Profit & Loss Account

Particulars

Interest Earned

Interest Expended

Net Interest Income

Other Income

Operating Income

Operating Expenses

Operating Profit

Provisions & Contingencies

Profit Before Tax

Provision for Tax

Net Profit / (Loss)

Q1 FY 2025-26

3268.27

1802.84

1465.43

250.30

1715.73

1042.89

672.84

15.09

657.75

172.91

484.84

Q1 FY 2024-25

2,994.38

1,625.16

1,369.22

194.10

1,563.32

968.65

594.67

(17.48)

612.15

196.66

415.49

Change YoY

9.1%

10.9%

7.0%

29.0%

9.7%

7.7%

13.1%

(186.3%)

7.4%

(12.1%)

16.7%

Q4 FY 2024-25

3,211.85

1,731.86

Change QoQ

1.8%

4.1%

FY 2024-25

12,535.86

6,742.04

1,479.99

(1.0%)

5,793.82

404.31

(38.1%)

1,136.81

1,884.30

1,084.28

800.02

(9.16)

809.18

224.64

584.54

(8.9%)

(3.8%)

6,930.63

4,000.84

(15.9%)

2,929.79

(264.7%)

(3.91)

(18.7%)

(23.0%)

(17.1%)

2,933.70

851.24

2,082.46

All figures, other than percentage, in ₹ crore

7/25/2025

Interest Earnings and Advances Mix

3,124 3.7%

20.8%

2,994 3.4%

20.4%

3,206 3.5%

3,212 3.5%

3,268 3.5%

21.7%

22.2%

22.1%

76.3%

75.5%

74.8%

74.2%

74.4%

Gross Advances Mix – June 30, 2025

Corporate Advances 29.8%

Retail Advances 70.2%

Gross Advances Mix – June 30, 2024

Corporate Advances 31.3%

Retail Advances 68.7%

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Other Interest Income

Interest on Investments

Interest on Advances

101

610

2283

117

649

2358

112

696

2398

114

714

2384

115

723

2430

All figures, other than percentage, in ₹ crore

7/25/2025

Interest Expenditure and Operating Expenditure

1,803

3.5%

1,732

3.6%

1,688

4.7%

1,697

4.4%

96.5%

96.4%

95.3%

95.6%

1,625

5.5%

94.5%

1,084

1,043

969

945

1,003

28.8%

30.4%

32.5%

30.1%

36.6%

71.2%

69.6%

69.9%

67.5%

63.4%

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Other Interest Expenses

Interest on Deposits

1536

1609

1623

1669

1739

Other Operating Expenses

Staff Expenses

279

690

287

658

302

701

352

732

382

661

7/25/2025

Other Income and Provisions & Contingencies

404

242

92.6%

250

Provisions

Provision for NPA

Provision for Standard Advances

Q1 FY25-26

Q1 FY24-25

Q4 FY24-25

FY24-25

33.73

(23.78)

58.04

29.50

(18.98)

7.46

32.94

84.67

53.9%

22.5%

8.9% 14.8%

Dec-24

130.61

54.43

21.46

35.84

82.2%

Provision for NPI

(1.73)

(1.39)

(69.81)

(90.27)

Provision for Frauds/ Embezzlements

2.03

0.23

0.56

3.05

Others

Total

0.04

15.09

0.00

(30.89)

(30.86)

(17.48)

(9.16)

(3.91)

7.9%

8.8%

-9.2%

Mar-25

374.4

-37.29

31.76

35.44

9.8% 12.6% -4.7%

Jun-25

205.83

-11.72

24.55

31.64

296

194

64.2%

62.4%

10.6% 11.7% 15.2%

Jun-24

121.21

20.6

22.74

29.55

9.8% 10.2%

15.8%

Sep-24

189.97

29.08

30.14

46.88

Miscellaneous Income

Treasury Income

Insurance Commission

Commission/Exchange

7/25/2025

Condensed Balance Sheet

Particulars

Capital & Liabilities

Capital

Reserves and Surplus

Deposits

Borrowings

Other Liabilities and Provisions

Total

Assets

Cash and Balance with Reserve Bank of India

Balance with Banks & Money at Call & Short Notice

Investments

Advances

Fixed Assets

Other Assets

Total

All figures, other than percentage, in ₹ crore

7/25/2025

Jun 30, 2025

Jun 30, 2024

Mar 31, 2025

110.13

14,670.67

110.13

12,615.82

110.13

14,141.81

1,48,541.82

1,32,574.47

1,48,569.46

2,382.84

5,114.50

4,525.98

5,101.14

2,382.84

4,264.23

1,70,819.96

1,54,927.55

1,69,468.47

6,983.78

2,884.68

42,758.22

1,01,230.11

2,172.85

14,790.33

1,70,819.96

6,387.75

101.97

33,065.84

95,449.77

2,241.85

17,680.36

1,54,927.55

7,385.48

2,374.37

41,212.66

1,04,198.72

2,191.22

12,106.02

1,69,468.47

Q1 FY 2025-26 – Key Financial Ratios

Cost of Deposits - Annualized (%)

Cost of Funds - Annualized (%)

4.80

4.76

4.80

4.83

4.66

4.91

4.87

4.89

4.92

4.78

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Yield on Advances - Annualized (%)

Yield on Investments - Annualized (%)

9.50

9.57

9.75

9.44

9.35

6.78

6.74

6.83

6.85

6.74

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

7/25/2025

Q1 FY 2025-26 – Key Financial Ratios

Return on Assets - Annualized (%)

Return on Average Networth – Annualized (%)

1.41

1.34

1.44

1.08

1.17

18.71

17.23

18.27

14.82

14.60

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Earnings Per Share - Annualized (Rs.)

Book Value Per Share (Rs.)

20.01

19.31

21.23

17.61

15.09

109.79

104.11

123.05

114.31

118.18

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

7/25/2025

Key Strengths of the Bank

Strong legacy, loyal customer base and an established brand with over 85 years of operations

Strong presence in fast growing region of J&K and increasing presence in other strategic regions

Healthy mix of retail in overall advances mix with focus on MSME and agriculture segment

Consistently growing deposit base with one of the best in class low-cost retail CASA

Turnaround Story with increasing PCR and improvement in asset quality

Fast improving digital presence with over 90% digital transactions

Professionally managed Bank with experienced senior management team and board of directors

7/25/2025

Strong presence in JKL Region and increasing presence across India

878

Branches in J&K and Ladakh (JKL)

141 Branches

outside JKL

1424 ATMs

22 States / UTs

ROI, 29.4%,

Gross Advances

Branch Distribution Network

Rural, 54.4%,

Urban, 10.9%,

Semi Urban, 16.3%,

Metro, 18.4%,

ROI, 12.2%,

Total Deposits

JKL, 70.6%,

JKL, 87.8%,

The J&K and Ladakh growth story continues with major infrastructure under implementation and some strategic ones nearing completion that will drive growth for J&K Bank in the near future

7/25/2025

Improving digital presence

Bank achieves a digital milestone : Over 90% of transactions now digital 94.02% digital transactions in Q1 FY 2025-26

Credit Card Users

130572

128113

123425

120788

125283

Debit Card Users (In Lacs)

47.39

48.57

50.08

46.06

44.17

JUN-24

SEP-24

DEC-24

MAR-25

JUN-25

JUN-24

SEP-24

DEC-24

MAR-25

JUN-25

UPI Users (In Lacs)

25.54

24.03

Digital Transactions (In %)

94.02

93.30

21.41

22.57

22.35

91.95

92.15

92.37

JUN-24

SEP-24

DEC-24

MAR-25

JUN-25

JUN-24

SEP-24

DEC-24

MAR-25

JUN-25

7/25/2025

Professionally managed Bank with experienced Senior Management and Board Of Directors

MR. AMITAVA CHATTERJEE (MD & CEO )

MR. SANKARASUBRAMANIAN KRISHNAN

•Illustrious career in banking spanning over more than three decades in diverse geographical locations and strategic positions •Served as DMD SBI and MD & CEO of SBI Capital Markets

DR. PAWAN KOTWAL, IAS

•Presently posted as Advisor to Lieutenant Governor, UT of Ladakh (1994 IAS) •Wealth of Administrative acumen and proficiency having previously served as Principal Secretary various ministries including P&M Dept. in UT of Ladakh.

MR. SANTOSH DATTATRAYA VAIDYA, IAS

•Presently posted as Principal Secretary Finance, UT of J&K 1998 AGMUT •B-tech from IIT-Kharagpur PG(Econ) (IGNOU) and Masters in Public Policy from Johns Hopkins University, United States.

DR. MANDEEP K BHANDARI, IAS

•MBBS with Gold Medal, administrative and professional expertise of >20 years •Principal Secretary to Hon’ble Lieutenant Governor of UT of J&K and is also holding charge of CEO Amarnathji Shrine Board

MR. R. K. CHHIBBER

•Over three decades of banking experience, his areas of expertise include Credit, Finance, IT, Corporate & Retail Banking, Risk management, Trade Finance, Foreign exchange, Business continuity planning, HR, Bancassurance

Mr. SANJIV DAYAL

•Retired Chief General Manager RBI with work experience of more than 3 decades in RBI •Specialization in Regulation & Supervision of Regulated Entities, Central Bank Governance, Customer Grievance Redressal, Financial Inclusion, etc.

•Veteran Banker with more than 4 decades of experience, including tenures as MD & CEO of Punjab & Sind Bank and Tamilnad Mercantile Bank Ltd and ED of Syndicate Bank and Canara Bank •Also served as Chairman of Board of Punjab & Sind Bank and Executive Secretary to the Board of Indian bank

MR. UMESH CHANDRA PANDEY

•Nearly 4 decades of experience as a Chartered Accountant •Strong Competencies in Corporate Law, Taxation, Project Report, M & A Transactions, Statutory Compliance Audit – Direct Tax/ Indirect Tax & Labor Laws

MR. ANIL KUMAR GOEL

•Qualified Arbitrator & Mediator, Information Systems Auditor (DISA), Forensic Auditor & Fraud Detector (FAFD) •34 years expertise in Corporate & Tax Laws, Consultancy, Statutory Audits

MR. ANAND KUMAR

•(IT) specialist who has experience of more than three decades in IT development and management and is a BE(IT) from IIT and a PGDM from IIM-L. •Worked at multiple MNCs and large groups: Citigroup, HSBC, Barclays, Fiserv, etc.

MR. SUDHIR GUPTA

•Over three decades of experience in different capacities across the operational topography of the Bank with expertise in Credit, Finance, Corporate & Retail Banking, Customer Service, Trade Finance, Foreign exchange, BCP etc.

MS. SHAHLA AYOUB

•Works as an Assistance Professor in the DHE, J&K and brings to Board an affluence of Economic expertise and perspicacity and has strong interests in Conflict Economics, Financial Inclusion and Developmental Economics.

7/25/2025

Key Strategies

Emphasis on retail, agriculture and MSME segment

Continue our investments in technology to support our digital banking and reduce the cost through leveraging operational efficiency

Focus on increasing Non-interest income through interventions in Treasury and Financial Services

Focus on improving asset quality and maintaining NPA levels and avoiding slippages

Retain and grow our CASA Deposit base

Expand footprints outside Jammu and Kashmir and Increase customer penetration through expansion of branch and ATM network

7/25/2025

Turnaround Story with Decadal High PCR and improvement in asset quality

Gross & Net NPA (%)

Provision Coverage Ratio (%)

3.91

3.95

4.08

3.37

3.50

GNPA

NNPA

91.57

90.54

89.67

90.28

90.09

0.76

0.85

0.94

0.79

0.82

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Gross Slippage Ratio (%)

Credit Cost (%)

1.06

1.05

1.01

0.81

0.76

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

7/25/2025

0.13

0.09

Jun-24

0 Sep-24

Dec-24

Mar-25

Jun-25

Key Ratios and Performance Indicators

Particulars

Profitability

Net Interest Margin (%) - Annualized

Operating Profit (₹ crore)

Profit after Tax (₹ crore)

Cost to Income Ratio (%)

Return on Assets (%) – Annualized

Capital Adequacy

Tier I Capital (%)

CET 1(%)

CRAR (%)

Asset Quality

Gross NPA (%)

Net NPA (%)

Provision Coverage Ratio (%)

Return Ratios

Yield on Advances (%) – Annualized

Cost of Funds (%)

Cost of Deposits (%)

Q1 FY 2026

Q1 FY 2025

Q4 FY 2025

FY 2024-25

3.72

672.84

484.84

60.78

1.17

13.68

12.69

15.98

3.50

0.82

90.09

9.35

4.92

4.83

3.86

594.67

415.49

61.96

1.08

12.81

11.76

15.07

3.91

0.76

91.57

9.50

4.78

4.66

3.88

800.02

584.54

57.54

1.44

13.96

12.95

16.29

3.37

0.79

90.28

9.44

4.89

4.80

3.92

2,929.79

2,082.46

57.73

1.32

13.96

12.95

16.29

3.37

0.79

90.28

9.56

4.86

4.75

All figures, other than percentage, in ₹ crore

Capital Adequacy Ratios

Particulars

Risk Weighted Assets

Credit Risk

Market Risk

Operational Risk

Total Risk Weighted Average

Tier I Capital Funds

Tier II Capital Funds

Total Capital Funds

Tier I Capital

CET – I

Tier II Capital

CRAR

Jun 30, 2025

Jun 30, 2024

Mar 31, 2025

89,231

684

11,360

1,01,275

13,851

2,328

16,179

13.68%

12.69%

2.30%

15.98%

83,920

1,505

9,937

95,362

12,217

2,158

14,375

12.81%

11.76%

2.26%

15.07%

89,102

9,937

99,088

13,828

2,317

16,145

13.96%

12.95%

2.34%

16.29%

Capital Adequacy Ratio

15.07

14.99

15.09

12.81

12.70

12.71

16.29

15.98

13.96

13.68

2.26

2.29

2.38

2.34

2.30

Jun-24

Sep-24

Dec-24

Mar-25

Jun-25

Tier I Capital

Tier II Capital

CRAR

All figures, other than percentage, in ₹ crore

Asset Quality | Categories of Advances

The Jammu & Kashmir Bank Limited has informed the Exchange about Investor Presentation

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