Kotak Mahindra Bank Ltd.

SECTOR: Bank - Private

1276.8
₹ 89.2 (7.51%)
Today's High: 1306.35 Today's Low : 1190
52 Week High: 1739.95 52 Week Low : 1000.35
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Very Stable
High level of belief in company’s potential exhibited by insiders.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

 Company Essentials

Market Cap

244183.63155648 Cr.

P/E

40.11

P/B

5.19

Face Value

₹5

Div. Yield

0.06%

Book Value (TTM)

245.8034

CASA %

52.4993281509823

Net Interest Income

11258.959 Cr.

Cost To Income %

47.37

Promoter Holding

29.96%

EPS (TTM)

31.8352

CAR %

17.45

ROE

12.18 %

ROCE

13.15 %

Profit Growth

19.12 %

No. of Shares

191.2465786 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 ROE

1 Year12.18%
3 Year12.65%
5 Year12.61%

 ROA%

1 Year1.69%
3 Year1.69%
5 Year1.68%

 Net NPA%

1 Year0.75%
3 Year1%
5 Year0.99%

 NIM

1 Year3.73%
3 Year3.82%
5 Year3.89%

 CAR %

17.45

 Cost of Liabilities %

4.91

 PEG Ratio

2.12

 Advances Growth %

21.20

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Dec 2019 29.96 0
Sep 2019 29.97 0
Jun 2019 29.98 0
Mar 2019 29.99 0
Dec 2018 30.01 0
* Figures given above are % of equity capital

 Strengths

  • The bank has been maintaining a healthy ROA of 1.69% since last 3 years.
  • Company has a good Return on Equity (ROE) track record: 3 Years ROE 12.6533333333333%.
  • The company has been consistently maintaining a NIM of 3.82333333333333% since last 3 years.
  • The Bank is prominently managing its Non-Performing Assets, Average NET NPA of last 3 years is 0.996666666666667%.
  • CASA stands at 52.4993281509823% of total deposits.
  • Good Capital Adequacy Ratio of 17.45%.
  • The company has delivered good Profit growth of 32.5370724483222% over the past 3 years.
  • Strong Advances growth of 20.1249454787323% in the last 3 years.

 Limitations

  • High Cost to income ratio of 47.37%.
  • The company is trading 6.01 times of its Book Value.

 Quarterly Result (All Figures are in Crores.)

Particulars Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
Interest Earned 6237.5 6402.27 6639.88 6761.6 6735.6
Other Income 976.7 1270.29 1304.73 1224.41 1341.43
Interest Expended 3311.25 3354.4 3466.84 3412.01 3306.07
Operating Expenses 1964.55 2035.9 2078.85 2065.44 2382.89
Total Provisions -32.3 171.26 316.76 407.93 444
Profit Before Tax 1970.71 2111 2082.16 2100.63 1944.07
Net Profit 1290.93 1407.8 1360.2 1724.48 1595.9
Net NPA % 0.71 0.75 0.73 0.85 0.89
Gross NPA % 2.07 2.14 2.19 2.32 2.46
Return on Assets % 0.45 0.46 0.44 0.55 0.5
NPM % 20.7 21.99 20.49 25.5 23.69

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Interest Earned 9719.87 16384.18 17698.93 19748.5 23943.21
Other Income 2028.45 2612.23 3477.16 4052.21 4604.03
Interest Expended 5496.14 9483.81 9572.78 10216.81 12684.25
Operating Expenses 3254.73 5471.52 5618.5 6425.72 7514.8
Total Provisions 164.5 917.37 836.74 939.95 962.39
Profit Before Tax 2832.96 3123.72 5148.07 6218.22 7385.79
Taxes 966.98 1033.94 1736.57 2133.92 2520.46
Net Profit 1865.98 2089.78 3411.5 4084.3 4865.33
Adjusted EPS 12 11 19 21 25

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 386.18 917.19 920.45 952.82 1454.38
Total Reserves 13754.91 23041.87 26695.62 36528.83 41444
Deposits 74860.31 138643.02 157425.86 192643.27 225880.36
Borrowings 12149.71 20975.34 21095.48 25154.15 32248.29
Other Liabilities 4857.97 8678.96 8450.68 9652.15 11142.98
Total Liabilities 106012.08 192259.79 214589.96 264933.4 312172.09
Assets
Balance with RBI 3928.3 6903.44 7492.43 8908.51 10877.52
Balance with Banks 2334.06 3976.28 15079.58 10711.6 13798.02
Investments 28659.11 51260.22 45074.19 64562.35 71189.09
Advances 66160.71 118665.3 136082.13 169717.93 205694.81
Net Block 1206.71 1551.59 1537.63 1527.16 1651.55
Other Assets 3723.19 9902.97 9324 9505.86 8961.11
Total Assets 106012.08 192259.79 214589.96 264933.4 312172.09
* Other Non-current Liabilities include Net deferred Liabilities

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

 Kotak Mahindra Bank Stock Price Analysis and Quick Research Report

Is Kotak Mahindra Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how Kotak Mahindra Bank is performing and if it is the right time to buy the stock of Kotak Mahindra Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Kotak Mahindra Bank has earned Rs 23943.208 Cr. revenue in the latest financial year. It has posted decent revenue growth of 13.4798164659429 % in last 3 Years.

  • In terms of advances, the bank reported 21.2 % YOY,  rise . If you see 3 years advance growth, it stands at 20.1249454787323 %.

  • Currently the company has a CASA ratio of 52.4993281952535 %. It’s overall cost of liability stands at 4.91392508494787 %. Also, the total deposits from these accounts stood at Rs 225880.363 Cr.

  • The Bank has a healthy ROA track record. The ROA of Kotak Mahindra Bank is at 1.68611520664822 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 2.14 % and 0.75 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 2.3876801957551 % which means it has increased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Kotak Mahindra Bank decreased and is currently at Rs 4604.027 Cr.

  • The company has a Good Capital Adequacy Ratio of 17.45 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently Kotak Mahindra Bank is trading at a P/B of 6.01348263326692 . The historical average PB was 5.906.

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