🔔 Rating Update Alert
Nomura maintains buy rating on Kotak Mahindra Bank, cuts target price from Rs 2,170 to Rs 2,110 after Q3 results.
Kotak Mahindra Bank Ltd Analyst Rating
based on 40 analysts
61.54%
Buy
28.21%
Hold
10.26%
Sell
Based on 40 analysts offering long term price targets for Kotak Mahindra Bank Ltd. An average target of ₹2012.6
Source: S&P Global Market Intelligence
Kotak Mahindra Bank Ltd Share analysis
Kotak Mahindra Bank Ltd price forecast by 40 analysts
Upside of4.80%
High
₹2300
Target
₹2012.60
Low
₹1591
Kotak Mahindra Bank Ltd target price ₹2012.6, a slight upside of 4.8% compared to current price of ₹1893.3. According to 40 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Kotak Mahindra Bank Ltd revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
Kotak Mahindra Bank Ltd EPS growth forecast
EPS estimate Q1, FY2027:0.32%
Forecast
Actual
Source: S&P Global Market Intelligence
Kotak Mahindra Bank Ltd Performance
Day's Low
Day's High
₹1,891Day's Price Range₹1,920.9552 Week's Low
52 Week's High
₹1,543.8552-Week Price Range₹1,942
| Returns % | |
| 1 Month Return | + 10.04 % |
| 3 Month Return | + 7.34 % |
| 1 Year Return | + 7.62 % |
| Market Stats | |
| Previous Close | ₹1,920.50 |
| Open | ₹1,920.95 |
| Volume | 44.16L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,81,828.75Cr |
Kotak Mahindra Bank Ltd Key Statistics
| P/E Ratio | 16.97 |
| PEG Ratio | 0.66 |
| Market Cap | ₹3,81,828.75 Cr |
| P/B Ratio | 3.67 |
| EPS | 90.24 |
| Dividend Yield | 0.11 |
| Sector | Banks |
| ROE | 15.29 |
Kotak Mahindra Bank Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹3,81,828.75 Cr | 3.64% | NA | ₹18,213 Cr | ₹94,273 Cr | |
| BUY | ₹75,622.55 Cr | -5.47% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹24,557.65 Cr | -13.61% | NA | NA | NA | |
| BUY | ₹8,70,473.10 Cr | 26.43% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹3,05,832.94 Cr | 7.54% | NA | ₹26,386 Cr | ₹1,37,989 Cr |
About Kotak Mahindra Bank Ltd
The bank offers a wide range of banking and financial services, including retail banking, corporate banking, investment banking, wealth management, private banking, credit cards, and stock broking. Its range of products includes savings accounts, current accounts, fixed deposits, mutual funds, loan products, and debit/credit cards.
The bank has several popular brands, such as 811, Kotak Cards, Kotak Mahindra Prime, and Kotak Wealth Management. 811 is a digital savings account that offers customers a host of features such as zero balance savings, instant transfers, and exclusive offers. Kotak Cards offer customers a range of credit cards with attractive rewards and cashback benefits. Kotak Mahindra Prime is a premium car financing service and Kotak Wealth Management offers customers a range of wealth management services.
Share Price: ₹1893.30 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹3,81,828.75Cr as of today
Revenue: ₹23,945.79Cr as on December 2024 (Q4 24)
Net Profit: ₹4,701.02Cr as on December 2024 (Q4 24)
Listing date: 03 Nov, 1994
Chairperson Name: Chandra Shekhar Rajan
| Organisation | Kotak Mahindra Bank Ltd |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Surges Post Q3 Results - 21 Jan, 2025
Kotak Mahindra Bank's shares rose 9% following better-than-expected Q3 results. Analysts remain optimistic, citing stable asset quality and potential for growth despite regulatory challenges.Kotak Mahindra Bank Reports Strong Q3 Profit Growth - 18 Jan, 2025
Kotak Mahindra Bank's consolidated net profit increased by 10.22% to ₹4,701 crore for Q3 FY25. However, standalone profit slightly declined. The bank faces rising expenses and mixed asset quality signals.Kotak Mahindra Bank Q3 Results Preview Highlights - 17 Jan, 2025
Kotak Mahindra Bank is set to report Q3 results on January 18, with expectations of 9-11% growth in net interest income and increased provisions due to rising delinquencies.Kotak Bank Faces Profit Growth and Criticism - 16 Jan, 2025
Kotak Mahindra Bank is projected to see a 12% profit growth in Q3FY25, but analysts warn of margin pressures and asset quality issues. Additionally, Hindenburg's criticism raises concerns about the bank's involvement in facilitating short-selling activities linked to the Adani Group.Kotak Mahindra Bank Among Top Gainers Today - 15 Jan, 2025
On January 15, 2025, Kotak Mahindra Bank was highlighted as one of the biggest gainers in the blue-chip index, indicating positive market performance.Kotak Mahindra Bank Faces Volatility Ahead of Earnings - 13 Jan, 2025
Kotak Mahindra Bank shares experienced high volatility ahead of Q3FY25 earnings, closing below the 200 DEMA levels at ₹1,781. The stock has seen a negative return of 3% over the past year.Kotak Mahindra Bank Set to Announce Q3 Results - 12 Jan, 2025
Kotak Mahindra Bank is among several banking companies scheduled to release their Q3 FY25 earnings, indicating upcoming financial performance insights.Goldman Sachs Backs Kotak Mahindra Bank Stock - 10 Jan, 2025
Goldman Sachs expresses preference for Kotak Mahindra Bank, indicating confidence in its performance. Additionally, Kotak Bank shows potential for a price reversal with strong support levels.Kotak Mahindra Bank Plans Q3 Results Meeting - 08 Jan, 2025
Kotak Mahindra Bank will hold a board meeting on January 18, 2025, to approve Q3 FY2024-25 results and discuss fund raising through debentures. JP Morgan also presents a positive outlook for the financial sector, highlighting Kotak's robust growth.Kotak Mahindra Bank COO Resigns Amid Challenges - 06 Jan, 2025
Milind Nagnur, COO and CTO of Kotak Mahindra Bank, has resigned, effective February 15, 2025. Despite this, Nomura maintains a 'Buy' rating with a target price of ₹2,170, while the bank faces ongoing regulatory challenges from the RBI.HDFC Bank Gains RBI Approval for Stake Acquisition - 04 Jan, 2025
HDFC Bank has received approval from the RBI to acquire up to 9.5% stake in Kotak Mahindra Bank and Capital Small Finance Bank, valid until January 2026.Kotak Mahindra Bank Sees Upgrades Amid Leadership Change - 03 Jan, 2025
Kotak Mahindra Bank shares rose over 6% following upgrades from Citi and Jefferies, while COO & CTO Milind Nagnur announced his resignation for personal reasons.Kotak Mahindra Bank Receives Upgrades and Focuses on SMEs - 02 Jan, 2025
Kotak Mahindra Bank has been upgraded by Citi and Jefferies, with target prices indicating potential upside. The bank is also focusing on growing its SME segment, which is expected to drive future growth.
Insights on Kotak Mahindra Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 12.80% to 12.85% in Dec 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 16.69% to 17.44% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, ICICI Bank Ltd has given 21.8% return, outperforming this stock by 27.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 25.89% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, ICICI Bank Ltd has given 50.0% return, outperforming this stock by 60.3%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 31.75% to 30.83% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, KOTAKBANK stock has moved down by -1.9%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 7.44K Cr → 4.70K Cr (in ₹), with an average decrease of 19.5% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 28.87K Cr → 23.94K Cr (in ₹), with an average decrease of 8.9% per quarter
News
Motilal Oswal Upgrades Kotak Mahindra Bank to Buy with Target of Rs 2100
Kotak Mahindra Bank (KMB) reported a standalone PAT of ~INR33b (in line; 10% YoY growth). Consol. PAT stood at INR47b (10% YoY growth) in 3QFY25. NII grew 10% YoY to INR71.9b (in line). NIM surprised with a 2bp QoQ improvement to 4.93% (vs. our est. of 4.83%), benefitting from a reduction in SA rate. Consequently, total revenue grew 11% YoY to INR98.2b (in line). Advances growth was healthy at 15.1% YoY/ 3.6% QoQ to ~INR4.14t, while deposits rose 15.9% YoY/ 2.6% QoQ. CASA mix declined 130bp QoQ to 42.3%. Fresh slippages moderated to INR16.6b (from INR18.7b in 2QFY25). GNPA ratio was flat at 1.5%, while NNPA ratio declined 2bp QoQ to 0.41%. PCR improved 175bp QoQ to 73.2%. We marginally raise our earnings and estimate KMB to deliver FY26E RoA/RoE of 2.2%/13.5%. After being Neutral on the stock for almost four and a half years when we downgraded KMB at ~INR1,900, we are now upgrading our rating to BUY with a TP of INR2,100 (premised on 2.2x Sep26E, including subsidiaries at INR675).21 Jan, 2025 03:13 PMKotak Mahindra Bank Shares Surge After Strong Earnings Report
Shares of Kotak Mahindra Bank on Monday jumped nearly 10 per cent after the firm posted a 10 per cent growth in its consolidated net at Rs 4,701 crore, aided by the performance of capital markets-linked arms. The stock surged 9.66 per cent to Rs 1,928.65 on the BSE. At the NSE, it soared 9.68 per cent to Rs 1,929. The firm announced the earnings on Saturday. On a standalone basis, the private sector lenders net profit for the October-December period rose by 10 per cent. The banks Chief Executive and Managing Director Ashok Vaswani said the bank has made significant progress on the technology front to address concerns which led RBI to put business restrictions last April, but added that while they are in touch with the central bank regularly, there is no word by when the embargo will be lifted.21 Jan, 2025 01:33 PMKey Indices Drift Higher In Indecisive Market
Kotak Mahindra Bank jumped over 9 per cent after the firm posted a 10 per cent growth in its consolidated net profit at Rs4,701 crore, aided by the performance of capital markets-linked arms.21 Jan, 2025 01:24 PMKotak Mahindra Bank Ltd Financials
Index Inclusions
Kotak Mahindra Bank Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 25.89% | ||
| Foreign Institutions | 30.83% | ||
| Mutual Funds | 17.44% | 4.53 | |
| Retail Investors | 12.85% | 0.35 | |
| Others | 12.99% | 0.90 |
Kotak Mahindra Bank Ltd Key Indicators
Kotak Mahindra Bank Ltd Valuation
Kotak Mahindra Bank Ltd in the last 5 years
Lowest (15.21x)
November 13, 2024
Industry (14.71x)
January 20, 2025
Today (16.97x)
January 20, 2025
Highest (44.36x)
July 16, 2018
Kotak Mahindra Bank Ltd Earnings and Dividends
Kotak Mahindra Bank Ltd Earnings Results
Kotak Mahindra Bank Ltd’s net profit jumped 10.23% since last year same period to ₹4,701.02Cr in the Q3 2024-2025. On a quarterly growth basis, Kotak Mahindra Bank Ltd has generated -6.8% fall in its net profits since last 3-months.
Read More about Earnings ResultsKotak Mahindra Bank Ltd Dividends May,2024
In the quarter ending March 2024, Kotak Mahindra Bank Ltd has declared dividend of ₹2 - translating a dividend yield of 0.11%.
Read More about Dividends
Kotak Mahindra Bank Ltd Technicals Summary
Bearish
Neutral
Bullish
Kotak Mahindra Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd share price today stands at ₹1893.3, Open. ₹1920.95 ; Previous Close. ₹1920.5 ; High. ₹1920.95 ; Low. ₹1891 ; 52 Week High. ₹1942 ; 52 Week Low: ₹1543.85.
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Kotak Mahindra Bank Ltd is listed on NSE
Kotak Mahindra Bank Ltd is listed on BSE
- Today’s highest price of Kotak Mahindra Bank Ltd is ₹1920.95.
- Today’s lowest price of Kotak Mahindra Bank Ltd is ₹1891.
PE Ratio of Kotak Mahindra Bank Ltd is 16.97
PE ratio = Kotak Mahindra Bank Ltd Market price per share / Kotak Mahindra Bank Ltd Earnings per share
Today’s traded volume of Kotak Mahindra Bank Ltd(KOTAKBANK) is 44.16L.
Today’s market capitalisation of Kotak Mahindra Bank Ltd(KOTAKBANK) is ₹381828.75Cr.
| Kotak Mahindra Bank Ltd(KOTAKBANK | Price |
|---|---|
52 Week High | ₹1942 |
52 Week Low | ₹1543.85 |
Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1893.3. It is down -2.51% from its 52 Week High price of ₹1942
Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1893.3. It is up 22.63% from its 52 Week Low price of ₹1543.85
| Kotak Mahindra Bank Ltd(KOTAKBANK | Returns |
|---|---|
1 Day Returns | -27.2% |
1 Month Returns | 10.04% |
3 Month Returns | 7.34% |
1 Year Returns | 7.62% |