Kotak Mahindra Bank Limited, Fundamental analysis

Kotak Mahindra Bank Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Banks
Variance Full Year Net Profit Variance	-13
Equity Latest Equity	994.74
Face Value Latest Face Value	1
Reserves Total Reserve	180118.1
Dividend Full Year Dividend %	65
Sales Turnover Full Year Net Sales	111168.26
Net Profit Full Year Net Profit	19287.89
Full Year CPS Full Year Cash Per Share	20.4
Earning Per Share Full Year Earning Per Share	19.4
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	28475.39
Previous EPS Previous earnings per share	0
Book Value Book value	182.1
Networth Full Year Return on Networth	11.33
Price/Book Value Price to Book value	2.070291
Yearly PE ratio Full Year Price to Earning per share	19.4
Yearly PC ratio Full Year Price to Cash Per Share	18.5
Bse value BSE Value in lakhs	4213.06
Nse value NSE Value in lakhs	41234.3
High 52 week high	453
Low 52 week low	345
Price NSE Current market price	377
CPM Current market price	377

Market cap BSE / NSE Market Cap	375165.09
Net profit Latest Quarter Net Profit	5156.24
Net profit variance Latest Quarter Net Profit variance	5
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	107749.77
TTM OP Trailing Twelve 12 month Operating Profit	0
TTM OPM Trailing Twelve 12 month Operating Profit Margin	0
TTM GP Trailing Twelve 12 month Gross Profit	27024.64
TTM GPM Trailing Twelve 12 month Gross Profit Margin	24.31
TTM NP Trailing Twelve 12 month Net Profit	19225.69
TTM NPV Trailing Twelve 12 month Net Profit Variane	-12.6
TTM EPS Trailing Twelve 12 month EPS	19.39
TTM PE Trailing Twelve 12 month PE	19.45
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	0
Equity Latest Equity	994.74
LTP Latest Price (BSE/NSE)	377
Gross block Latest Gross Block	9075.3
Loans Total loans	566940.33
Advances Latest Advances for Banks	565767.88
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	51
Year GPM Full Year Gross Profit Margin	24.3
Quarter OPM Latest quater Operation Profit Margin	50.8

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	15,837	16,427	16,633	16,772	17,248	17,199	17,507	17,827
YOY Sales Growth %	23%	20%	15%	11%	9%	5%	5%	6%
Gross Sales	15,837	16,427	16,633	16,772	17,248	17,199	17,507	17,827
+ Expenses	12,263	13,094	10,596	13,666	13,123	11,606	13,933	13,656
Manufacturing Cost %	55%	56%	40%	55%	50%	43%	55%	55%
Employee Cost %	18%	18%	18%	19%	18%	18%	20%	19%
Other Cost %	5%	5%	6%	7%	8%	6%	5%	3%
Other Manufacturing Expenses %	55%	56%	40%	55%	50%	43%	55%	55%
Provisions & Contingencies %	5%	5%	6%	7%	8%	6%	5%	3%
Operating Profit	3,574	3,333	6,037	3,106	4,125	5,593	3,574	4,171
OPM %	23%	20%	36%	19%	24%	33%	20%	23%
+ Other Income	13,042	10,453	7,313	10,402	9,456	7,703	10,344	10,648
Miscellaneous Income	13,042	10,453	7,313	10,402	9,456	7,703	10,344	10,648
Interest / Discount on Advances or Bills	11,363	11,772	12,011	12,152	12,346	12,426	12,718	12,891
Interest on Investments	3,868	4,069	3,993	4,060	4,268	4,121	4,053	4,119
Interest on Balances with RBI	479	459	490	386	471	470	568	635
Other Interest	127	127	139	173	163	183	168	181
Exceptional Income	3,803	0	0	0	0	0	0	368
Interest	6,805	7,139	7,170	7,157	7,527	7,333	7,384	7,376
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	9,811	6,647	6,180	6,351	6,053	5,963	6,533	7,443
+ Tax %	25%	25%	25%	23%	27%	25%	25%	27%
Current Tax	2,412	1,649	1,540	1,442	1,624	1,517	1,629	2,042
+ Net Profit	7,448	5,044	4,701	4,933	4,472	4,468	4,924	5,423
Extraordinary Income / Expense	3,803	0	0	0	0	0	0	368
Exceptional Item	3,803	0	0	0	0	0	0	368
Profit / Loss of Associates	49	46	61	24	43	22	20	22
Net Profit After Minority Interest	7,448	5,044	4,701	4,933	4,472	4,468	4,924	5,423
EPS in Rs	37.47	25.37	23.64	24.81	22.49	22.47	24.75	5.45

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	22,324	25,131	29,831	33,474	32,820	33,740	42,151	56,237	65,669	69,781
Sales Growth %		13%	19%	12%	-2%	3%	25%	33%	17%	6%
Gross Sales	22,324	25,131	29,859	33,474	32,820	33,741	42,151	56,237	65,669	69,781
+ Expenses	14,832	16,805	19,758	22,578	30,273	31,418	34,085	47,843	49,835	55,556
Manufacturing Cost %	2%	2%	2%	2%	2%	2%	3%	3%	3%	3%
Employee Cost %	18%	17%	16%	17%	18%	21%	20%	18%	18%	19%
Other Cost %	47%	48%	48%	49%	72%	70%	58%	64%	55%	58%
Other Manufacturing Expenses %	2%	2%	2%	2%	2%	2%	3%	3%	3%	3%
Selling & Administration %	12%	13%	23%	11%	10%	14%	8%	7%	6%	6%
Miscellaneous Expenses %	35%	34%	26%	37%	61%	55%	49%	56%	48%	51%
Provisions & Contingencies %	4%	4%	4%	8%	9%	2%	1%	4%	6%	6%
Operating Profit	7,492	8,326	10,073	10,896	2,547	2,322	8,066	8,393	15,834	14,226
OPM %	34%	33%	34%	33%	8%	7%	19%	15%	24%	20%
+ Other Income	11,660	13,682	16,148	16,892	23,588	25,311	25,991	38,037	41,426	41,387
Miscellaneous Income	11,581	13,593	16,044	16,826	23,448	25,019	25,991	38,037	41,211	38,150
Interest / Discount on Advances or Bills	16,620	18,381	22,191	24,877	21,621	22,603	30,735	40,866	47,298	50,381
Interest on Investments	4,855	5,258	6,444	7,327	9,275	9,595	9,894	13,297	15,990	16,561
Interest on Balances with RBI	308	967	735	828	1,481	1,004	1,029	1,542	1,814	2,144
Other Interest	541	525	490	442	443	538	492	532	566	695
Exceptional Income	625	1,206	1,022	-767	0	0	0	0	3,803	368
Interest	11,458	12,467	15,187	15,901	12,967	11,553	14,411	22,567	28,271	29,620
Depreciation	362	383	458	465	461	480	599	792	941	1,032
Profit before tax	7,332	9,158	10,576	11,422	13,168	15,948	19,646	23,863	28,989	25,993
+ Tax %	32%	33%	33%	25%	25%	25%	25%	25%	24%	26%
Current Tax	2,468	2,986	3,467	2,959	3,540	3,903	4,843	5,885	7,297	7,011
Deferred Tax	-85	25	-11	-144	-275	114	23	1	-253	-199
+ Net Profit	5,019	6,258	7,204	8,593	9,990	12,089	14,925	18,213	22,126	19,288
Profit Growth %		24%	16%	21%	15%	20%	24%	22%	22%	-13%
Extraordinary Income / Expense	625	1,206	1,022	-767	0	0	0	0	3,803	368
Exceptional Item	0	0	0	0	0	0	0	0	3,803	368
Profit / Loss of Associates	70	111	84	-14	87	158	145	236	180	107
Minority Interest (After Tax)	-79	-57	0	0	0	0	0	0	0	0
Net Profit After Minority Interest	4,940	6,201	7,204	8,593	9,990	12,089	14,925	18,213	22,126	19,288
EPS in Rs	26.88	32.26	37.30	44.99	49.76	59.92	74.20	90.24	110.38	19.28

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	920	953	1,454	1,457	1,491	1,492	1,493	994	994	995
Reserves	37,570	49,533	56,825	65,678	83,346	95,642	110,761	128,898	156,401	180,118
+ Borrowings	205,230	249,840	291,263	325,977	326,610	365,235	418,307	520,374	592,330	662,334
Secured Borrowings	49,690	58,604	66,439	65,577	47,739	55,148	57,034	75,106	97,622	95,394
Unsecured Borrowings	155,540	191,236	224,824	260,400	278,871	310,087	361,273	445,269	494,707	566,940
Deferred Credit	6,167	8,487	11,600	6,863	5,757	5,195	4,490	7,398	7,165	8,814
+ Other Liabilities	32,467	37,395	45,628	50,062	67,407	84,129	89,869	117,400	130,089	159,906
Current Liabilities	13,198	14,967	18,414	18,714	25,523	33,648	32,045	44,192	46,070	65,164
Minority Interest	474	0	0	0	0	0	0	0	0	0
Policy Holders Fund	18,793	22,425	27,418	31,509	42,072	50,667	57,979	73,376	85,121	96,168
Equity Application Money	2	2	2	3	2	31	60	79	94	113
Total Liabilities	276,188	337,720	395,171	443,173	478,854	546,498	620,430	767,667	879,814	1,003,353
+ Fixed Assets	1,759	2,543	2,697	2,675	2,554	2,723	3,075	3,510	3,759	3,801
Gross Block	4,340	5,227	5,210	5,314	5,452	5,874	6,397	7,349	8,356	9,075
Accumulated Depreciation	2,582	2,684	2,513	2,639	2,898	3,151	3,322	3,839	4,597	5,275
CWIP	0	0	0	0	0	0	0	0	0	0
Investments	68,462	90,977	103,487	111,197	156,946	164,529	195,338	246,446	284,255	290,633
+ Other Assets	205,967	244,201	288,987	329,301	319,355	379,245	422,017	517,711	591,801	708,919
Cash Equivalents	25,589	24,401	31,264	64,080	47,717	52,665	42,925	65,206	79,062	102,091
Loans n Advances	180,379	219,800	257,928	265,385	271,828	326,797	379,307	452,751	513,934	608,368
Other asset items	0	0	-206	-164	-190	-217	-215	-247	-1,196	-1,540
Total Assets	276,188	337,720	395,171	443,173	478,854	546,498	620,430	767,667	879,814	1,003,353

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	13,223	-10,392	1,822	46,619	4,881	8,418	-1,242	15,685	16,916	41,727
Profit from Operations	6,807	9,804	11,124	15,390	11,900	16,186	21,799	19,519	25,454	30,186
Working Capital Changes	8,525	-17,249	-5,871	34,096	-3,793	-4,023	-18,276	2,203	-2,200	17,974
Profit Before Tax & Extraordinary Items	7,332	9,158	10,576	11,422	13,168	15,948	19,646	23,863	28,989	25,993
Depreciation	362	383	458	465	461	480	599	792	941	1,032
Profit / Loss on Sale of Assets	-14	-47	-22	-29	-39	-26	-11	-7	-46	2
Profit / Loss on Sale of Investments	-1,265	-1,120	-876	-1,548	-4,973	-1,581	501	-7,417	-8,341	-907
Provisions & Write-offs (Net)	1,194	1,322	1,322	2,872	3,282	1,364	1,063	2,289	3,911	4,067
Loans & Advances	-23,014	-39,539	-38,387	-7,983	-4,373	-53,527	-55,142	-70,819	-59,396	-83,148
Change in Deposits	19,591	35,696	33,588	35,576	18,471	31,215	51,186	83,996	49,439	72,233
Direct Taxes Paid	-2,110	-2,947	-3,431	-2,866	-3,226	-3,744	-4,765	-6,038	-6,339	-6,433
+ Cash from Investing Activity	-5,289	-5,475	-3,323	-13,068	-11,172	-11,018	-10,381	-8,919	-25,226	-16,159
Purchase of Fixed Assets	-404	-426	-525	-453	-369	-670	-987	-1,127	-1,213	-1,058
Sale of Fixed Assets	22	60	34	40	68	36	26	35	65	22
Purchase of Investments	-4,886	-3,833	-2,871	-12,800	-10,816	-10,451	-9,590	-7,473	-28,197	-16,761
Sale of Investments	0	0	0	14	0	0	0	0	4,073	1,278
Dividend Received	0	0	0	0	0	0	0	0	0	0
Acquisition of Companies	0	-1,411	-21	0	0	0	0	-532	0	0
Others	-21	135	59	130	-56	66	169	178	47	360
+ Cash from Financing Activity	6,055	14,679	8,365	-735	-10,072	7,549	1,883	15,515	22,165	-2,538
Proceeds from Issue of Shares	246	5,953	224	361	7,844	359	268	199	46	187
Proceeds from Other Long-Term Borrowings	0	0	7,835	0	0	7,409	1,874	16,152	22,516	0
Repayment of Long-Term Borrowings	0	0	0	-862	-17,838	0	0	0	0	-2,229
Dividend Paid	-111	-138	-193	-233	-41	-219	-259	-337	-398	-497
Others	5,920	8,864	499	0	-37	0	0	-500	0	0
Net Cash Flow	13,989	-1,188	6,864	32,815	-16,363	4,949	-9,740	22,281	13,855	23,029