StoxState Bank of India vs Kotak Mahindra Bank: share price & financials comparison
NSE: SBIN vs KOTAKBANK · Financial Services · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
State Bank of India vs Kotak Mahindra Bank at a glance
State Bank of India (SBIN) has a market capitalisation of ₹9,40,157 Cr, against ₹4,77,499 Cr for Kotak Mahindra Bank (KOTAKBANK). Over the past year Kotak Mahindra Bank has returned +11.6%, compared with +8.4% for State Bank of India. On valuation, State Bank of India trades at a lower P/E of 10.4 versus 22.2. State Bank of India earns a higher return on equity (13.1% vs 11.0%). State Bank of India comes out ahead on size and valuation. Kotak Mahindra Bank comes out ahead on profitability, growth and technicals. Across the scored metrics below, State Bank of India leads on 8 and Kotak Mahindra Bank on 9. On StoxGud's 10-point checklist, State Bank of India scores 6/10 and Kotak Mahindra Bank scores 7/10.
| Metric | State Bank of India | Kotak Mahindra Bank |
|---|---|---|
| Size | ||
| Market cap | ₹9,40,157 Cr | ₹4,77,499 Cr |
| Revenue (latest FY) | ₹7,09,617 Cr | ₹1,07,564 Cr |
| Net profit (latest FY) | ₹83,299 Cr | ₹19,288 Cr |
| Valuation | ||
| P/E | 10.4 | 22.2 |
| P/B | 1.36 | 2.45 |
| Dividend yield | 1.51% | 0.10% |
| Profitability | ||
| Return on equity | 13.1% | 11.0% |
| Net profit margin | 12.3% | 18.6% |
| Operating margin | 18.5% | 27.5% |
| Growth | ||
| Revenue growth (YoY) | +6.7% | +18.2% |
| Net profit growth (YoY) | +20.0% | +26.3% |
| Revenue CAGR (multi-year) | +13.1% | +13.7% |
| Momentum | ||
| 1-month return | +6.8% | +9.1% |
| 1-year return | +8.4% | +11.6% |
| 3-year CAGR | +21.0% | +11.3% |
| 5-year CAGR | +14.3% | +2.5% |
| 10-year CAGR | +15.0% | +11.6% |
| Distance from 52W high | -17.0% | +0.0% |
| Technicals | ||
| RSI (14) | 65 | 68 |
| Price vs 200-day avg | -1.9% | +19.5% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | State Bank of India | Kotak Mahindra Bank |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✗ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✗ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✓ | ✗ |
| Score | 6/10 | 7/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, State Bank of India or Kotak Mahindra Bank?
State Bank of India has a market cap of ₹9,40,157 Cr and Kotak Mahindra Bank has a market cap of ₹4,77,499 Cr as of 06 Nov 2026.
Which has a lower P/E, State Bank of India or Kotak Mahindra Bank?
State Bank of India has the lower P/E: State Bank of India trades at 10.4 and Kotak Mahindra Bank at 22.2.
Which gave better returns in the last year, State Bank of India or Kotak Mahindra Bank?
Kotak Mahindra Bank did better: State Bank of India returned +8.4% and Kotak Mahindra Bank returned +11.6% over one year.
Is State Bank of India or Kotak Mahindra Bank a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist State Bank of India scores 6/10 and Kotak Mahindra Bank scores 7/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.