Kotak Mahindra Bank

Kotak Mahindra Bank Ltd.

NSE: KOTAKBANK BSE: 500247 SECTOR: Bank - Private  347k   3k   643

1963.35
+38.45 (2.00%)
NSE: Today, 03:14 PM

Price Summary

Today's High

₹ 1966.4

Today's Low

₹ 1930.15

52 Week High

₹ 2064.4

52 Week Low

₹ 1631

FinStar

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.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 390042.08 Cr.

CASA %

60.68

No. of Shares

198.66 Cr.

P/E

35.66

P/B

4.7

Face Value

₹ 5

Div. Yield

0.08 %

Book Value (TTM)

₹  417.59

Net Interest Income

₹ 16817.91 Cr.

Cost To Income %

47.99

Promoter Holding

25.95 %

EPS (TTM)

₹  55.07

CAR %

22.69

ROE

12.68 %

ROCE

13.2%

Profit Growth

23.09 %

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

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Index Presence

The company is present in 35 Indices.

BANKNIFTY

Nifty Bank
44075.2
  -26.4500000000044 (-0.0599750802974586%)

NIFTYSERVICE

Nifty Services Sector
24047.05
  -123.450000000001 (-0.510746571233534%)

NIFTYPTBNK

Nifty Private Bank
22517.8
  8.34999999999854 (0.037095530988096%)

NIFTYEQWGT

NIFTY50 Equal Weight
21675
  24.6500000000015 (0.113854972321481%)

NIFTY100WEIGHT

Nifty100 Equal Weight
21460.8
  37.6499999999978 (0.175744463349226%)

NIFTYFINANCE

Nifty Financial Services
19430.45
  -8.04999999999927 (-0.0414126604418974%)

NTYFIN2550

Nifty Financial Services 25/50
19124.7
  8.04999999999927 (0.0421098885003302%)

NIFTY

Nifty 50
18554.15
  -39.6999999999971 (-0.213511456745086%)

NIFTY100

Nifty 100
18484.95
  -28.8999999999978 (-0.156099352646788%)

NIFTY500

Nifty 500
15843.7
  -15.7999999999993 (-0.099624830543199%)

NT100LOW30

Nifty100 Low Volatility 30
14001.15
  -15.7000000000007 (-0.112008047457168%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
10568
  -12.1499999999996 (-0.114837691337077%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
10468.85
  0.350000000000364 (0.00334336342360242%)

NIFTY200

Nifty 200
9753.9
  -15.3000000000011 (-0.156614666502897%)

NIFTYTOTALMCAP

Nifty Total Market index
8842.4
  -7 (-0.0791014080050667%)

NIFTY100ESG

NIFTY100 ESG
3504.5
  -6 (-0.170915823956697%)

NIFTY500VAL50

NIFTY500 Value 50
7467.94
  13.2799999999997 (0.178143604134862%)

NIFTYHOUSING

Nifty Housing Index
7988.87
  36.29 (0.456329895455321%)

NIFTYLOWVOL

Nifty Low Volatility 50
16889.34
  2.77000000000044 (0.0164035680425334%)

SENSEX

S&P Bse Sensex
62735.41
  -52.0599999999977 (-0.0829146324895724%)

BANKEX

S&P Bse Bankex
50173.8
  146.220000000001 (0.29227877902549%)

BSE500

S&P Bse 500
25219.09
  17.8899999999994 (0.0709886830785766%)

SNSX50

S&P Bse Sensex50
19521.9
  -5.98999999999796 (-0.0306740769227876%)

BSE100

S&P Bse 100
18980.76
  1.38999999999942 (0.0073237415151306%)

BSEPVTBANK

S&P Bse Private Bank
16478.93
  16.7000000000007 (0.10144433652064%)

BSE200

S&P Bse 200
8008.53
  2.59999999999945 (0.0324759272189334%)

LMI250

S&P Bse 250 LargeMidCap
7572.04
  2.67000000000007 (0.0352737414078153%)

ALLCAP

S&P Bse Allcap
7268.99
  7.06999999999971 (0.0973571727587164%)

LRGCAP

S&P Bse LargeCap
7065.35
  0.140000000000327 (0.0019815405345458%)

BSE100LARGECAPTMC

S&P Bse 100 LargeCap TMC
6733.25
  1.52000000000044 (0.0225796340613815%)

CARBONEX

S&P Bse Carbonex
3086.53
  0.610000000000127 (0.0197672007051342%)

SPBSLVIP

S&P Bse Low Volatility
1292.82
  -1.59000000000015 (-0.122835886620165%)

DFRGRI

S&P Bse Diversified Finl. Rev.
1122.53
  5.36999999999989 (0.480683160872197%)

FIN

S&P Bse Finance
9175.58
  28.2299999999996 (0.308613970166216%)

S&P LARGEMIDCAP

S&P Bse Large MidCap
7523.99
  23.1499999999996 (0.308632099871486%)

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

ROE%

1 Year12.68%
3 Year12.74%
5 Year12.59%

ROA%

1 Year2.11%
3 Year1.92%
5 Year1.83%

Net NPA%

1 Year0.64%
3 Year0.85%
5 Year0.86%

 NIM

1 Year4.05%
3 Year4.03%
5 Year3.91%

CAR %

22.69

Cost of Liabilities %

3.02706203407546

PEG Ratio

1.55

Advances Growth %

21.2739363623091

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 25.95 0
Dec 2022 25.95 0
Sep 2022 25.96 0
Jun 2022 25.97 0
Mar 2022 25.98 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The bank has been maintaining a healthy ROA of 1.91700443709587% since last 3 years.
  • Company has a good Return on Equity (ROE) track record: 3 Years ROE 12.7440267954112%.
  • The company has been consistently maintaining a NIM of 4.03232210096103% since last 3 years.
  • The Bank is prominently managing its Non-Performing Assets, Average NET NPA of last 3 years is 0.853333333333333%.
  • CASA stands at 60.6813554392728% of total deposits.
  • Other Income is 23.5008548487143% of total income.
  • Good Capital Adequacy Ratio of 22.69%.
  • The company has delivered good Profit growth of 20.781816925838% over the past 3 years.

 Limitations

  • High Cost to income ratio of 47.9944039470055%.
  • The company has delivered poor Income growth of 4.21334986421333% over the past 3 years.
  • The company is trading 4.83971208335426 times of its Book Value.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Interest Earned 7065.94 7338.49 8092.81 8998.61 9820.94
Other Income 1704.1 1243.76 1954.19 2099.98 2186.29
Interest Expended 2544.54 2641.45 2993.4 3345.69 3718.39
Operating Expenses 2885.6 3157.54 3486.09 3903.06 3641.47
Total Provisions -306.21 23.59 137 148.83 147.57
Profit Before Tax 3646.11 2759.67 3430.51 3701.01 4499.8
Tax 878.71 688.52 849.83 909.13 1004.21
Net Profit 2767.4 2071.15 2580.68 2791.88 3495.59
Net NPA % 0.64 0.62 0.55 0.43 0.37
Gross NPA % 2.34 2.24 2.08 1.9 1.78
Return on Assets % 0.67 0.5 0.59 0.62 0.74
NPM % 39.17 28.22 31.89 31.03 35.59

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Interest Earned 19748.5 23890.05 26929.61 26840.27 27038.82
Other Income 4052.21 4657.18 5372.11 5006.51 6354.35
Interest Expended 10216.81 12684.25 13429.95 11500.62 10220.91
Operating Expenses 6425.72 7514.8 8850.94 8584.14 11121.39
Total Provisions 939.95 962.39 2216.17 2459.03 689.56
Profit Before Tax 6218.22 7385.79 7804.67 9302.99 11361.31
Taxes 2133.92 2520.46 1857.49 2338.15 2788.62
Net Profit 4084.3 4865.33 5947.18 6964.84 8572.69
Adjusted EPS (Rs.) 21.43 25.49 30.88 34.94 42.99

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 952.82 1454.38 1456.52 1490.92 1492.33
Total Reserves 36528.83 41444 47558.78 62236.05 70964.14
Deposits 192643.27 225880.36 262820.52 280100.05 311684.11
Borrowings 25154.15 32248.29 37993.31 23650.65 25967.12
Other Liabilities 9652.15 11142.98 10419.68 15990.34 19289.39
Total Liabilities 264933.4 312172.09 360251.68 383470.16 429428.4
Assets
Balance with RBI 8908.51 10877.52 9505.05 12493.61 16026.22
Balance with Banks 10711.6 13798.02 43787.25 27132.92 26897.72
Investments 64562.35 71189.09 75051.55 105099.19 100580.22
Advances 169717.92 205694.81 219748.19 223670.16 271253.6
Net Block 1527.16 1651.55 1623.13 1535.27 1643.72
Other Assets 9505.86 8961.11 10536.52 13539.01 13026.92
Total Assets 264933.4 312172.09 360251.68 383470.16 429428.4
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 25.98 25.97 25.96 25.95 25.95
uday suresh kotak 25.74 25.73 25.73 25.73 25.72
indira suresh kotak 0.10 0.10 0.10 0.10 0.10
janak dinkarrai de... 0.05 0.05 0.05 0.04 -
pallavi kotak 0.06 0.06 0.06 0.06 0.06
aarti neal chandar... - - - - 0.04
kotak trustee comp... - - - - -
suresh a kotak (h... - - 0.01 0.01 0.01
suresh amritlal ko... 0.01 0.01 0.01 0.01 0.01
suresh a kotak (hu... 0.01 0.01 - - -
kotak trustee comp... 0.01 0.01 - 0.01 0.01
kotak trustee comp... - - 0.01 - -
kotak trustee comp... - - - - -
kotak trustee comp... - - - - -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 74.02 74.03 74.04 74.05 74.05
canada pension pla... 4.35 4.35 4.35 4.35 4.34
life insurance cor... 5.29 6.04 6.26 6.25 6.21
europacific growth... 3.04 3.80 4.01 3.78 3.32
sbi mutual fund 3.17 3.14 3.46 1.18 3.84
oppenheimer develo... - - - - -
invesco developing... 3.51 3.51 3.20 2.80 2.95
axis mutual fund 1.56 1.58 1.64 3.42 1.61
capital world grow... 2.56 2.51 2.14 1.90 1.61
new world fund inc 2.17 2.19 2.10 2.13 1.86
sumitomo mitsui ba... 1.65 1.65 1.65 1.65 1.65
uti mutual fund - 1.04 1.14 1.64 1.28
caladium investmen... 1.31 1.31 1.31 1.31 1.31
national pension s... 1.19 1.18 1.20 1.27 1.30
caisse de depot et... - - - - -
the new economy fu... 1.07 1.07 1.07 1.07 -
investor education... - - 0.18 0.18 0.18
iepf 0.17 0.17 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Kotak Mahindra Bank in partnership with Myntra launches co-branded credit card2 Jun 2023, 3:29PM Kotak Mahindra Bank reports 17% rise in Q4 consolidated net profit 29 Apr 2023, 4:56PM Kotak Mahindra Bank informs about dividend updates29 Apr 2023, 3:20PM Kotak Mahindra Bank informs about outcome of board meeting29 Apr 2023, 3:11PM Kotak Mahindra Bank - Quaterly Results29 Apr 2023, 2:24PM Kotak Mahindra Bank - Quaterly Results29 Apr 2023, 2:24PM Kotak Mahindra Bank - Quaterly Results29 Apr 2023, 2:24PM Kotak Mahindra Bank informs about loss of share certificate10 Apr 2023, 5:23PM Kotak Mahindra Bank raises Rs 300 crore through NCDs20 Mar 2023, 5:27PM Kotak Mahindra Bank launches co-branded fuel credit card along with IndianOil13 Mar 2023, 4:36PM Kotak Mahindra Bank planning to create separate vertical for mid-market companies6 Mar 2023, 2:57PM Kotak Mahindra Bank informs about issuance of letter of confirmation4 Mar 2023, 12:33PM Kotak Mahindra Bank opens 100 gold loan branches in FY2325 Feb 2023, 3:50PM Kotak Mahindra Bank offers virtual debit card with Kotak811 account22 Feb 2023, 12:28PM Kotak Mahindra Bank goes live with Kotak fyn 22 Feb 2023, 11:19AM Kotak Mahindra Bank’s arm raises $590 million for investments in data centres15 Feb 2023, 10:00AM Kotak Mahindra Bank to acquire 100% stake in Sonata 11 Feb 2023, 2:40PM Kotak Mahindra Bank reports 17% rise in Q3 consolidated net profit21 Jan 2023, 4:13PM Kotak Mahindra Bank - Quaterly Results21 Jan 2023, 1:10PM Kotak Mahindra Bank - Quaterly Results21 Jan 2023, 1:10PM Kotak Mahindra Bank - Quaterly Results21 Jan 2023, 1:10PM Kotak Mahindra Bank informs about statement of investor grievance redressal 17 Jan 2023, 12:54PM Kotak Mahindra Bank submits newspaper publication14 Jan 2023, 12:34PM Kotak Mahindra Bank’s arm invests Rs 5 crore in Banksathi11 Jan 2023, 4:22PM Kotak Mahindra Bank’s arm partners with Clootrack9 Jan 2023, 4:58PM Kotak Mahindra Bank collaborates with India’s premier B-Schools30 Dec 2022, 2:57PM Kotak Mahindra Bank informs about advertisement in newspapers28 Dec 2022, 5:11PM Kotak Mahindra Bank launches credit card in association with METRO Cash & Carry India19 Dec 2022, 3:10PM Kotak Mahindra Bank’s arm raises Rs 5,328 crore14 Dec 2022, 12:58PM Kotak Mahindra Bank informs about issuance of letters of confirmation6 Dec 2022, 4:46PM Kotak Mahindra Bank raises Rs 1500 crore through bonds2 Dec 2022, 10:10AM Kotak Mahindra Bank partners with actyv.ai to provide dealer finance29 Nov 2022, 11:27AM Kotak Mahindra Bank informs about loss of share certificates25 Nov 2022, 10:59AM Kotak Mahindra Bank launches merchant one account for MSMEs11 Nov 2022, 11:30AM Kotak Mahindra Bank informs about analyst meet intimation10 Nov 2022, 5:12PM Kotak Mahindra Bank reports 21% rise in Q2 consolidated net profit 22 Oct 2022, 4:50PM Kotak Mahindra Bank informs about investor presentation22 Oct 2022, 3:52PM Kotak Mahindra Bank - Quaterly Results22 Oct 2022, 12:42PM Kotak Mahindra Bank - Quaterly Results22 Oct 2022, 12:42PM Kotak Mahindra Bank - Quaterly Results22 Oct 2022, 12:42PM Kotak Mahindra Bank launches offers ahead of festive season6 Oct 2022, 6:00PM Kotak Mahindra Bank’s arm to onboard franchisees for growing customer base 26 Sep 2022, 4:30PM Kotak Mahindra Bank informs about newspaper publication 21 Sep 2022, 5:16PM Kotak Mahindra Bank informs about loss of share certificates21 Sep 2022, 5:16PM Kotak Mahindra Bank informs about analyst meet16 Sep 2022, 3:09PM Kotak Mahindra Bank gets Agri Infra Fund Award13 Sep 2022, 10:11AM Kotak Mahindra Bank informs about analyst meet12 Sep 2022, 4:16PM Kotak Mahindra Bank launches lifestyle-focused corporate salary account12 Aug 2022, 4:18PM Kotak Mahindra Bank becomes official banking partner for Kaun Banega Crorepati8 Aug 2022, 4:58PM Kotak Mahindra Bank completes integration with GST portal8 Aug 2022, 11:36AM

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 27038.8194 Cr. revenue in the latest financial year. It has posted Poor revenue growth of 4.21334986421333 % in last 3 Years.

  • In terms of advances, the bank reported 21.2739363623091 % YOY,  rise . If you see 3 years advance growth, it stands at 9.6606275262145 %.

  • Currently the company has a CASA ratio of 60.6813554392728 %. It’s overall cost of liability stands at 3.02706203407546 %. Also, the total deposits from these accounts stood at Rs 311684.1134 Cr.

  • The Bank has a healthy ROA track record. The ROA of Kotak Mahindra Bank is at 2.1091660637579 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 2.34 % and 0.64 % 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 negative at -71.9580149106464 % which means it has decreased 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 surged and is currently at Rs 6354.3537 Cr.

  • The company has a Good Capital Adequacy Ratio of 22.69 .

  • 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 4.6318 . The historical average PB was 5.35882016193194.

Brief about Kotak Mahindra Bank

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