Kotak Mahindra Bank Ltd.

NSE: KOTAKBANK · Financial Services

₹480.00+2.78%06 Nov 2026

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Instant answers about Kotak Mahindra Bank Ltd. — computed from its filings, no language model

Market cap₹4,77,499 cr

Current price₹480.00

High / Low₹480 / ₹353

P/E22.2

P/B2.45

Book value₹195.7

ROE11.0%

ROCE—

Debt / equity—

Dividend yield0.10%

EPS (TTM)₹21.59

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Total income	45,903	50,300	56,704	58,883	67,981	94,274	1,03,076	1,07,564
Pre-provision op. profit	11,621	13,980	16,428	16,720	20,086	25,836	29,045	29,525
Operating margin	25.3%	27.8%	29.0%	28.4%	29.5%	27.4%	28.2%	27.4%
Interest	15,187	15,901	12,967	11,553	14,411	22,567	28,275	29,620
Profit before tax	10,576	11,422	13,168	15,948	19,646	23,863	28,989	25,993
Tax	3,456	2,815	3,265	4,016	4,866	5,887	7,043	6,812
Net profit	7,204	8,593	9,990	12,089	14,925	18,213	22,126	19,288
EPS ₹	37.78	44.73	50.53	60.76	74.96	91.45	111.29	19.40
Operating cash flow	—	—	—	8,418	-1,242	15,685	16,916	41,727
Capex	—	—	—	670	987	1,127	1,213	1,058
Dividend paid	—	—	—	219	259	337	398	497
Total assets	3,95,171	4,43,173	4,78,854	5,46,498	—	7,67,667	8,79,774	10,03,353
Equity	58,280	67,134	84,836	97,134	—	1,29,892	1,57,395	1,81,113

Quarterly performance

last 32 quarters · ₹ crore

showing latest 8 of 32 periods

	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Total income	9,904	10,829	11,347	13,823	12,130	13,542	12,085	12,323	13,591	14,835	16,176	12,800	15,342	14,176	16,794	17,513	18,481	20,731	20,724	21,560	24,083	27,907	25,076	26,880	23,946	27,174	26,704	24,901	27,851	28,108	30,069	29,427
Pre-provision op. profit	2,815	2,910	2,708	3,188	3,263	3,362	3,937	3,555	4,388	4,129	4,578	3,606	4,365	4,293	4,685	4,884	5,371	6,137	6,000	6,343	6,276	7,217	6,782	7,537	7,234	7,491	7,375	7,017	7,473	7,661	8,274	8,351
Operating margin	28.4%	26.9%	23.9%	23.1%	26.9%	24.8%	32.6%	28.8%	32.3%	27.8%	28.3%	28.2%	28.5%	30.3%	27.9%	27.9%	29.1%	29.6%	29.0%	29.4%	26.1%	25.9%	27.0%	28.0%	30.2%	27.6%	27.6%	28.2%	26.8%	27.3%	27.5%	28.4%
Other income	3,000	3,518	3,603	5,848	3,815	5,210	3,651	3,901	5,254	6,555	8,224	4,757	7,116	5,550	7,956	7,519	7,470	8,749	7,855	7,843	9,588	12,751	9,239	10,453	7,313	10,402	9,456	7,703	10,344	10,280	11,714	9,571
Interest	3,499	3,773	3,941	3,975	4,155	3,890	3,801	3,628	3,286	3,120	2,933	2,851	2,880	2,919	2,903	3,374	3,804	4,230	4,834	5,536	5,985	6,212	6,805	7,139	7,171	7,160	7,529	7,333	7,384	7,376	7,703	8,681
Profit before tax	2,316	2,550	2,719	2,991	2,913	2,889	2,674	2,435	3,914	3,455	3,364	2,519	3,931	4,411	5,087	4,747	5,224	5,989	5,586	5,888	5,614	6,775	9,811	6,647	6,180	6,351	6,053	5,963	6,533	7,443	7,509	7,530
Tax	771	836	897	952	986	560	723	595	981	879	810	725	990	1,073	1,229	1,168	1,265	1,459	1,477	1,465	1,411	1,533	2,412	1,649	1,540	1,442	1,624	1,517	1,629	2,042	2,022	1,896
Net profit	1,574	1,747	1,844	2,038	1,932	2,349	1,905	1,853	2,947	2,602	2,589	1,806	2,989	3,403	3,892	3,608	3,995	4,566	4,150	4,461	4,265	5,337	7,448	5,044	4,701	4,933	4,472	4,468	4,924	5,423	5,480	5,645
EPS ₹	8.26	9.17	9.67	10.68	10.12	12.29	9.71	9.57	14.89	13.14	12.87	9.11	15.07	17.16	19.41	18.17	20.12	22.78	20.89	22.45	21.46	26.66	37.47	25.37	23.64	24.81	22.49	22.47	4.95	5.45	5.51	5.68
Revenue YoY	—	—	—	—	22.5%	19.3%	-12.6%	1.6%	—	9.5%	33.9%	3.9%	12.9%	-4.4%	3.8%	14.2%	30.4%	23.4%	—	23.1%	30.3%	34.6%	21.0%	24.7%	-0.6%	-2.6%	6.5%	-7.4%	16.3%	3.4%	12.6%	18.2%
Profit YoY	—	—	—	—	22.7%	27.4%	-6.5%	-4.1%	—	10.8%	35.9%	-2.5%	1.4%	30.8%	50.3%	20.7%	17.4%	17.3%	—	23.6%	6.8%	16.9%	79.5%	13.1%	10.2%	-7.6%	-40.0%	-11.4%	4.7%	9.9%	22.5%	26.3%

Earlier results (standalone, Sep '07 – Mar '18)

₹ crore · from BSE, before the NSE XBRL filings begin

Kotak Mahindra Bank Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 10 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†
Total income	3,433	3,888	4,937	7,158	9,203	10,167	11,748	18,996	21,176	23,801
Pre-provision op. profit	690	1,301	1,325	1,655	2,157	2,577	2,997	4,041	5,985	7,158
Operating margin	20.1%	33.5%	26.8%	23.1%	23.4%	25.3%	25.5%	21.3%	28.3%	30.1%
Other income	368	632	633	977	1,161	1,400	2,028	2,612	3,477	4,052
Interest	1,547	1,397	2,058	3,668	4,837	5,047	5,496	9,484	9,573	10,217
Profit before tax	426	811	1,188	1,600	1,972	2,272	2,833	3,124	5,148	6,218
Tax	150	250	370	515	611	770	967	1,034	1,737	2,134
Net profit	276	561	818	1,085	1,361	1,503	1,866	2,090	3,412	4,084

Quarters

showing latest 8 of 43 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†
Total income	714	887	803	796	807	913	918	894	884	977	1,132	1,058	1,154	1,301	1,424	1,558	1,677	1,923	1,999	2,057	2,174	2,399	2,572	2,652	2,469	2,492	2,553	2,686	2,819	2,994	3,249	4,584	4,621	4,844	4,947	5,120	5,244	5,378	5,435	5,563	5,714	6,049	6,475
Pre-provision op. profit	146	259	169	124	112	197	256	284	244	337	436	315	327	315	368	386	380	444	445	448	482	573	653	779	607	585	607	666	734	738	861	597	1,045	1,205	1,194	1,315	1,440	1,528	1,702	1,595	1,725	1,820	2,018
Operating margin	20.5%	29.2%	21.1%	15.5%	13.9%	21.6%	27.9%	31.8%	27.6%	34.5%	38.5%	29.8%	28.3%	24.2%	25.8%	24.8%	22.7%	23.1%	22.3%	21.8%	22.2%	23.9%	25.4%	29.4%	24.6%	23.5%	23.8%	24.8%	26.0%	24.6%	26.5%	13.0%	22.6%	24.9%	24.1%	25.7%	27.5%	28.4%	31.3%	28.7%	30.2%	30.1%	31.2%
Other income	122	205	39	83	61	109	115	127	109	145	252	137	139	165	191	229	212	282	254	241	251	305	364	462	297	300	340	400	466	494	668	592	616	722	682	733	831	910	1,003	907	954	1,040	1,152
Interest	308	335	373	360	381	421	385	358	339	346	355	413	471	564	611	762	859	990	1,057	1,095	1,166	1,272	1,305	1,273	1,248	1,280	1,246	1,284	1,314	1,441	1,458	2,393	2,327	2,355	2,408	2,468	2,417	2,417	2,271	2,410	2,447	2,615	2,744
Profit before tax	108	141	82	82	75	109	160	127	167	209	308	259	281	272	375	364	382	413	441	414	412	530	616	610	534	515	613	652	680	708	794	292	868	970	994	1,136	1,242	1,336	1,435	1,392	1,508	1,607	1,711
Tax	33	40	12	27	27	38	58	37	41	67	106	72	87	84	126	112	122	137	144	132	131	169	180	207	182	175	206	222	235	243	267	102	299	335	298	394	429	456	458	479	514	554	587
Net profit	75	102	69	55	48	71	103	90	126	142	202	187	195	188	249	252	260	276	297	282	280	362	436	403	353	340	407	430	445	465	527	190	570	635	696	742	813	880	976	913	994	1,053	1,124
EPS ₹	2.31	2.98	2.01	1.58	1.39	2.06	2.97	2.61	3.63	4.10	5.82	5.37	2.72	2.56	3.38	3.42	3.52	3.74	4.01	3.81	3.77	4.86	5.85	5.32	4.59	4.42	5.29	5.58	5.77	6.02	6.83	2.08	3.28	3.47	3.80	4.04	4.43	4.79	5.31	4.88	5.22	5.53	5.90
Revenue YoY	—	—	—	—	13.0%	2.9%	14.3%	12.4%	9.6%	7.1%	23.3%	18.3%	30.5%	33.1%	25.8%	47.3%	45.3%	47.8%	40.4%	32.0%	29.7%	24.8%	28.7%	28.9%	13.6%	3.9%	-0.7%	1.3%	14.2%	20.2%	27.3%	70.7%	63.9%	61.8%	52.3%	11.7%	13.5%	11.0%	9.9%	8.6%	9.0%	12.5%	19.1%
Profit YoY	—	—	—	—	-36.5%	-30.0%	48.2%	65.6%	163.1%	100.2%	97.4%	107.0%	54.6%	31.9%	22.8%	34.8%	33.5%	47.0%	19.4%	12.1%	7.8%	31.0%	46.9%	42.6%	25.7%	-6.0%	-6.7%	6.7%	26.1%	36.6%	29.5%	-55.8%	28.1%	36.6%	32.0%	291.0%	42.8%	38.6%	40.3%	23.0%	22.3%	19.7%	15.1%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 23 periods

	MAR '19	JUN '19	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	12.4%	13.0%	13.5%	13.9%	11.8%	11.7%	11.8%	12.7%	12.4%	15.8%	14.2%	14.4%	14.0%	16.6%	15.0%	15.3%	14.1%	12.2%	11.1%	11.2%	10.6%	11.2%	11.0%
Net margin	15.7%	15.7%	17.6%	17.6%	17.5%	17.3%	16.9%	18.4%	20.5%	21.1%	21.1%	20.0%	19.3%	21.8%	21.3%	21.7%	21.5%	18.3%	18.1%	17.6%	17.9%	18.3%	18.6%
EBITDA margin	25.3%	25.1%	29.6%	30.3%	29.2%	29.1%	28.2%	28.8%	28.7%	28.9%	29.3%	28.4%	27.4%	27.0%	26.8%	27.7%	28.2%	28.3%	28.3%	27.5%	27.4%	27.4%	27.5%
Asset turnover	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.11	0.14	0.12	0.13	0.12	0.13	0.13	0.13	0.12	0.12	0.11	0.12	0.11	0.11	0.10

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 17 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	385	386	917	920	953	1,454	1,457	1,491	1,492	1,493	1,494	994	994	994	994	995	995
Reserves	18,691	21,767	32,443	37,570	49,533	56,825	65,678	83,346	95,642	1,02,085	1,19,243	1,28,898	1,46,220	1,56,401	1,66,941	1,80,118	1,93,711
Total equity	19,076	22,153	33,361	38,491	50,486	58,280	67,134	84,836	97,134	1,03,578	1,20,737	1,29,892	1,47,214	1,57,395	1,67,935	1,81,113	1,94,706
Deposits	56,930	72,843	1,35,949	1,55,540	1,91,236	2,24,824	2,60,400	2,78,871	3,10,087	3,24,061	3,98,427	4,45,269	4,57,591	4,94,707	5,24,500	5,66,940	6,47,459
Borrowings	29,007	31,415	43,730	49,690	58,604	66,439	65,577	47,739	55,148	47,078	61,524	75,106	77,071	97,622	82,700	95,394	1,23,120
Total assets	1,22,237	1,48,576	2,40,804	2,76,188	3,37,720	3,95,171	4,43,173	4,78,854	5,46,498	5,60,112	6,78,003	7,67,667	8,04,981	8,79,774	9,12,952	10,03,353	11,24,402
Advances	71,693	88,632	1,44,793	1,67,125	2,05,997	2,43,462	2,49,879	2,52,170	3,04,474	3,28,801	3,94,830	4,30,352	4,58,465	4,86,166	5,29,416	5,65,768	6,45,578
Investments	38,791	45,589	70,274	68,462	90,977	1,03,487	1,11,197	1,56,946	1,64,529	1,64,676	2,08,483	2,46,446	2,73,268	2,84,255	2,84,843	2,90,633	3,35,776
Fixed assets	1,261	1,382	1,758	1,755	1,750	1,884	1,861	1,740	1,910	1,987	2,383	2,563	2,658	2,811	2,838	2,853	2,850
Cash & bank balances	6,643	6,903	11,599	25,589	24,401	31,264	64,080	47,717	52,665	41,187	50,482	65,206	46,101	79,062	63,921	1,02,091	1,01,000

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 12 periods

	FY14‡	FY15‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	9,068	2,302	13,222	-10,392	1,822	46,619	4,881	8,418	-1,242	15,685	16,916	41,727
Cash from investing	-1,130	-4,467	-5,268	-5,608	-3,383	-13,199	-11,116	-11,084	-10,550	-9,097	-25,272	-16,519
Cash from financing	-5,814	2,426	6,055	14,679	8,365	-735	-10,072	7,549	1,883	15,656	22,142	-2,538
Capex	442	292	404	426	525	453	369	670	987	1,127	1,213	1,058
Free cash flow	8,626	2,010	12,818	-10,818	1,297	46,166	4,513	7,748	-2,229	14,558	15,703	40,669
Dividends paid	64	70	111	138	193	233	40	219	259	337	398	497

Where the assets sit

Sep '26 · ₹ crore

Advances

₹6,45,578 cr57%

Investments

₹3,35,776 cr30%

Fixed assets

₹2,850 cr0%

Cash & bank

₹1,01,000 cr9%

Other assets

₹39,198 cr3%

Peer comparison

largest in Financial Services · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
HDFC Bank Ltd.	12,15,371	788.25	15.2	2.01	13.3%
ICICI Bank Ltd.	11,28,090	1,571.20	19.1	2.75	14.4%
State Bank of India	9,40,157	1,018.50	10.4	1.36	13.1%
Bajaj Finance Ltd.	6,77,005	1,087.75	—	—	—
Kotak Mahindra Bank Ltd.	4,77,499	480.00	22.2	2.45	11.0%
Axis Bank Ltd.	4,11,911	1,322.90	13.8	1.79	13.0%
Shriram Finance Ltd.	2,26,163	961.15	—	—	—
BSE Ltd.	1,55,002	3,800.00	50.3	19.49	38.8%
Cholamandalam Investment and Finance Company Ltd.	1,53,126	1,785.00	—	—	—
Jio Financial Services Ltd.	1,52,665	231.20	—	—	—

StoxGud checklist: Bullish setup · 7/10

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

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+9.1%

6 months+26.5%

1 year+11.6%

3Y CAGR+11.3%

5Y CAGR+2.5%

10Y CAGR+11.6%

50-day avg₹430.32

200-day avg₹401.63

RSI (14)68

Long-term financials (FY11–FY16)

from published annual reports

Year	Revenue	Profit before tax	Net profit
FY16	₹20,402 Cr	—	₹3,459 Cr
FY15	₹13,319 Cr	—	₹3,045 Cr
FY14	₹11,986 Cr	—	₹2,465 Cr
FY11	₹4,304 Cr	—	₹818 Cr

Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.

Compare Kotak Mahindra Bank Ltd. with

HDFC Bank vs Kotak Mahindra Bank ICICI Bank vs Kotak Mahindra Bank State Bank of India vs Kotak Mahindra Bank Bajaj Finance vs Kotak Mahindra Bank Kotak Mahindra Bank vs Axis Bank Kotak Mahindra Bank vs Shriram Finance

FAQs

What is the share price of Kotak Mahindra Bank Ltd.?

Kotak Mahindra Bank Ltd. (KOTAKBANK) closed at ₹480.00 on NSE on 06 Nov 2026.

What is the market cap of Kotak Mahindra Bank Ltd.?

₹4,77,499 crore at the latest close.

What is the P/E ratio of Kotak Mahindra Bank Ltd.?

22.2, on trailing-twelve-month earnings from its filings.

How fast is Kotak Mahindra Bank Ltd. growing?

Kotak Mahindra Bank Ltd.: revenue has compounded at 16.5% a year over three years; net profit at 8.9% a year. Latest-quarter revenue is up 18.2% year on year, profit up 26.3%.

How profitable is Kotak Mahindra Bank Ltd.?

On a trailing-twelve-month basis return on equity is 11.0%, operating margin 27.5%, net margin 18.6%.

How much debt does Kotak Mahindra Bank Ltd. have?

Debt to equity isn't meaningful for Kotak Mahindra Bank Ltd. (banks borrow as part of their business) or isn't filed yet.

Financials parsed from Kotak Mahindra Bank Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '18, annual from FY19, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.