KOTAKBANK.NS — Kotak Mahindra Bank Limited ₹390.20

FINANCIAL · Generated 2026-07-29 21:15
USAIND

Price graph

Quality Scorecard Transitional

D50/100
❌ Pricing power (gross margin) 0% Gross margin 0% — thin margins
⚪ Return on equity — data unavailable
⚪ Leverage (net debt / EBITDA) — data unavailable
⚪ Interest coverage — data unavailable
🟡 Earnings consistency (revenue) 1/3 down 1 revenue-down year(s) in 3 — one down year
❌ Earnings growth (net income YoY) -13% Net income -13% YoY — earnings declining
✅ Cash conversion (CFO/NI) 216% Operating cash ÷ net income 216% — earnings convert to cash
⚪ Operating margin trend — data unavailable
✅ Revenue growth 21% Revenue +21% — strong demand growth
❌ Growth trajectory sharp deceleration YoY -0% vs +22% prior 2-yr avg — sharp deceleration
✅ Free cash flow margin 54% FCF margin 54% — strong cash generation
🟡 Returns capital to shareholders yes dividend ~17.0%; shares +400.3%/yr

Transitional-stage checklist (proxy metrics from yfinance). 8 of 12 criteria scored. Not financial advice.

Buy-Now Score

55/100
Quality ×40%50
Trajectory ×30%49
Valuation ×30%68

Comparative rank: 40% Quality + 30% Trajectory + 30% Valuation — higher = better buy now. Not financial advice.

Valuation

₹351.18₹508.54
Price ₹390.20Analyst ₹462.31 (+18%)

Analyst: 36 analysts. MarketGist fair = analyst consensus only (no DCF — financial, or no free-cash-flow data). Not financial advice.

Key Trends (6-yr)

GAAP EPS
▼ -12.9% YoY
Sales
▼ -0.3% YoY
Shares Outstanding
▲ +0.0% YoY

Company Overview

Basic Information

Company Name: Kotak Mahindra Bank Limited
Symbol: KOTAKBANK.NS
Exchange: NSI
Sector: Financial Services
Industry: Banks - Regional

Company Details

Country: India
City: Mumbai
Employees: 112,000
Market Cap: ₹3.88T
Website: https://www.kotak.bank.in

Business Description

Kotak Mahindra Bank Limited provides a range of banking and financial services to corporate and individual customers in India. It operates through Corporate/Wholesale Banking; Retail Banking; Treasury, BMU, and Corporate Centre; Vehicle Financing; Other Lending Activities; Advisory and Transactional Services; Asset Management; and Insurance segments. The company offers savings, current, retail institution, corporate, private banking, and salary accounts; debit and credit card; NRE and NRO fixed deposits and foreign currency nonresident deposits; home, personal, business, payday, gold, education, two-wheeler, commercial vehicle and equipment, home improvement, car, business, and crop loans, as well as loans against securities and properties; smart EMI services; bill payment, fund transfer, FASTag, taxes, loan/utility payment, forex and remittance, and wearable payments; working capital solutions; and forex, credit, and debit card services. It also provides investment products; life, vehicle, property, travel, health, car, and two-wheeler insurance; domestic and international trade; international export and import; bank guarantee, letter of credit, and export credit; cash management, trade and supply chain finance, trade services, corporate account, and sector based solutions. In addition, the company offers demat accounts, Government Schemes, mutual funds, and portfolio investment schemes; and wire transfer, click2remit, and remittance exchange house services. Kotak Mahindra Bank Limited was incorporated in 1985 and is headquartered in Mumbai, India.

Key Metrics

Price & Valuation

Current Price
₹390.20
Market Cap
₹3.88T
P/E Ratio
19.15
Forward P/E
15.27
PEG Ratio
0.94
Price to Book
2.14

Profitability

Profit Margin: 28.47%
Operating Margin: 34.76%
Gross Margin: 0.00%
Return on Equity (ROE): N/A
Return on Assets (ROA): N/A
Revenue Growth: 21.00%

Financial Health

Current Ratio: N/A
Quick Ratio: N/A
Debt to Equity: N/A
Total Debt: ₹1.12T
Total Cash: ₹729.32B
Beta: 0.29

Trading & Analyst Info

52-Week Range

52-Week High: ₹453.20
52-Week Low: ₹345.50
50-Day Average: ₹388.95
200-Day Average: ₹402.19

Analyst Recommendations

Recommendation: BUY
Target Mean Price: ₹462.31
Target High: ₹518.00
Target Low: ₹380.00

Quarterly Verdict

🟡 65/100

Hold / watch

Quality grade D; 4 improving / 1 weakening metrics YoY.

➖ Pricing power (gross margin): Gross margin 0% — thin margins
➖ Earnings growth (net income YoY): Net income -13% YoY — earnings declining
➕ Cash conversion (CFO/NI): Operating cash ÷ net income 216% — earnings convert to cash
➕ Revenue growth: Revenue +21% — strong demand growth
➖ Growth trajectory: YoY -0% vs +22% prior 2-yr avg — sharp deceleration
➕ Free cash flow margin: FCF margin 54% — strong cash generation
➕ Revenue +16.6% YoY
➕ Net income +22.5% YoY
➕ Free cash flow +159.0% YoY
➕ Cash +27.6% YoY
➖ Debt +10.0% YoY

Heuristic from the Quality Scorecard + quarter-over-quarter trends. Not financial advice.

Financial Statements

Income Statement (Annual)

Item2026-03-312025-03-312024-03-312023-03-312022-03-31
Tax Effect Of Unusual Items₹-4.68M₹111.29M₹17.61M₹26.69MN/A
Tax Rate For Calcs₹0.26₹0.24₹0.25₹0.25N/A
Total Unusual Items₹-17.88M₹458.05M₹71.38M₹107.78MN/A
Total Unusual Items Excluding Goodwill₹-17.88M₹458.05M₹71.38M₹107.78MN/A
Net Income From Continuing Operation Net Minority Interest₹192.88B₹221.26B₹182.13B₹149.25BN/A
Reconciled Depreciation₹10.32B₹9.41B₹7.92B₹5.99BN/A
Net Interest Income₹401.61B₹373.98B₹336.69B₹277.40BN/A
Interest Expense₹296.20B₹282.71B₹225.67B₹144.11BN/A
Interest Income₹697.81B₹656.69B₹562.37B₹421.51BN/A
Normalized Income₹192.89B₹220.91B₹182.08B₹149.17BN/A
Net Income From Continuing And Discontinued Operation₹192.88B₹221.26B₹182.13B₹149.25BN/A
Diluted Average Shares₹9.95B₹9.94B₹9.94B₹9.93BN/A
Basic Average Shares₹9.94B₹9.94B₹9.94B₹9.93BN/A
Diluted EPS₹19.39₹22.26₹18.29₹14.99N/A
Basic EPS₹19.40₹22.26₹18.29₹14.99N/A

Showing 15 of 40 rows

Balance Sheet (Annual)

Item2026-03-312025-03-312024-03-312023-03-312022-03-31
Treasury Shares NumberN/AN/A₹0.00N/AN/A
Preferred Shares NumberN/AN/AN/A₹1.00B₹1.00B
Ordinary Shares Number₹9.95B₹9.94B₹9.94B₹9.93BN/A
Share Issued₹9.95B₹9.94B₹9.94B₹9.93BN/A
Net DebtN/A₹56.38B₹66.45B₹48.64B₹2.30B
Total Debt₹953.94B₹867.51B₹751.06B₹523.34BN/A
Tangible Book Value₹1.80T₹1.57T₹1.29T₹1.11TN/A
Invested Capital₹2.77T₹2.44T₹2.05T₹1.64TN/A
Net Tangible Assets₹1.80T₹1.57T₹1.29T₹1.12TN/A
Common Stock Equity₹1.81T₹1.57T₹1.30T₹1.12TN/A
Preferred Stock EquityN/AN/AN/A₹5.00B₹5.00B
Total Capitalization₹2.77T₹2.44T₹2.05T₹1.65TN/A
Total Equity Gross Minority Interest₹1.81T₹1.57T₹1.30T₹1.12TN/A
Stockholders Equity₹1.81T₹1.57T₹1.30T₹1.12TN/A
Other Equity Interest₹1.13B₹942.68M₹792.94M₹603.06MN/A

Showing 15 of 47 rows

Cash Flow Statement (Annual)

Item2026-03-312025-03-312024-03-312023-03-312022-03-31
Free Cash Flow₹406.69B₹157.03B₹145.58B₹-22.29BN/A
Repurchase Of Capital StockN/A₹0.00₹-5.00B₹0.00N/A
Repayment Of Debt₹-22.29BN/AN/AN/AN/A
Issuance Of DebtN/A₹225.16B₹161.52B₹18.74BN/A
Issuance Of Capital Stock₹1.87B₹464.01M₹1.99B₹2.68BN/A
Capital Expenditure₹-10.58B₹-12.13B₹-11.27B₹-9.87BN/A
End Cash Position₹1.02T₹790.62B₹652.06B₹429.25BN/A
Other Cash Adjustment Outside Changein CashN/A₹-232.45MN/AN/AN/A
Beginning Cash Position₹790.62B₹652.06B₹429.25B₹526.65BN/A
Effect Of Exchange Rate Changes₹3.60B₹697.55M₹365.23M₹1.69BN/A
Changes In Cash₹226.69B₹138.09B₹222.45B₹-99.10BN/A
Other Cash Adjustment Inside Changein CashN/A₹0.00₹1.41B₹0.00₹663.55M
Financing Cash Flow₹-25.38B₹221.65B₹155.15B₹18.83BN/A
Cash Dividends Paid₹-4.97B₹-3.98B₹-3.37B₹-2.59BN/A
Common Stock Dividend Paid₹-4.97B₹-3.98B₹-3.37B₹-2.59BN/A

Showing 15 of 47 rows

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