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Kotak Mahindra Bank Ltd share price logo

Kotak Mahindra Bank Ltd

(KOTAKBANK)

₹1749.90.23%

as on 04:01PM, 03 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Kotak Mahindra Bank Ltd Analyst Rating

based on 40 analysts

BUY

56.41%

Buy

30.77%

Hold

12.82%

Sell

Based on 40 analysts offering long term price targets for Kotak Mahindra Bank Ltd. An average target of ₹1993.83

Source: S&P Global Market Intelligence

Kotak Mahindra Bank Ltd Share analysis

Kotak Mahindra Bank Ltd price forecast by 40 analysts

Upside of13.68%

High

₹2300

Target

₹1993.83

Low

₹1579

Kotak Mahindra Bank Ltd target price ₹1993.83, a slight upside of 13.68% compared to current price of ₹1749.9. According to 40 analysts rating.

Source: S&P Global Market Intelligence

Kotak Mahindra Bank Ltd Performance

  • Day's Low

    Day's High

    ₹1,740
    ₹1,761.2
  • 52 Week's Low

    52 Week's High

    ₹1,543.85
    ₹1,942
1 Month Return+ 1.42 %
3 Month Return-1.67 %
1 Year Return-3.55 %
Previous Close₹1,753.95
Open₹1,760.00
Volume39.72L
Upper Circuit-
Lower Circuit-
Market Cap₹3,48,714.05Cr

Kotak Mahindra Bank Ltd Key Statistics

P/E Ratio15.81
PEG Ratio0.64
Market Cap₹3,48,714.05 Cr
P/B Ratio3.67
EPS90.24
Dividend Yield0.11
SectorBanks
ROE15.29

Kotak Mahindra Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹3,48,714.05 Cr1.3%NA₹18,213 Cr₹94,273 Cr
BUY₹77,196.94 Cr-7.17%NA₹8,977 Cr₹55,143 Cr
BUY₹27,513.78 Cr-14.09%NANANA
BUY₹9,20,546.59 Cr31.23%NA₹44,256 Cr₹2,36,037 Cr
BUY₹3,51,876.79 Cr11.01%NA₹26,386 Cr₹1,37,989 Cr

About Kotak Mahindra Bank Ltd

Kotak Mahindra Bank Ltd is an Indian private sector banking and financial services company headquartered in Mumbai, Maharashtra. Incorporated in 1985, it is the fourth largest bank in India by market capitalization as of April 2020.

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: ₹1749.90 per share as on 03 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,48,714.05Cr as of today
Revenue: ₹26,880.02Cr as on September 2024 (Q3 24)
Net Profit: ₹5,044.05Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Chandra Shekhar Rajan
OrganisationKotak Mahindra Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Kotak Mahindra Bank Ltd

  • Kotak Mahindra Bank Gains from CCI Approval - 27 Nov, 2024

    Kotak Mahindra Bank shares increased following CCI's approval for its ₹4,100 crore acquisition of Standard Chartered Bank's unsecured personal loans portfolio, marking a significant milestone for the bank.
  • Kotak Mahindra Bank Secures Loan Portfolio Acquisition - 26 Nov, 2024

    The Competition Commission of India has approved Kotak Mahindra Bank's acquisition of Standard Chartered's unsecured personal loan portfolio valued at ₹4,100 crore, enhancing its retail credit presence.
  • Kotak Mahindra Bank Appeal Dismissed After Resolution - 20 Nov, 2024

    Kotak Mahindra Bank's appeal against an NCLT ruling was dismissed by the NCLAT after the parties reached an amicable resolution, leading to the withdrawal of the appeal.
  • Kotak Mahindra Bank Market Cap Rises by Rs 2,438 Crore - 19 Nov, 2024

    Kotak Mahindra Bank shares rose by 0.71%, closing at Rs 1,735, resulting in a market cap increase of Rs 2,438 crore. The bank's strong fundamentals and sectoral growth reflect positive investor sentiment.
  • Kotak Advocates for Competitive Indian Business Landscape - 15 Nov, 2024

    Kotak Mahindra Bank's Executive Vice President highlighted the need for Indian businesses to embrace competitiveness in free trade, cautioning against protectionist measures that could harm long-term growth.
  • Kotak Mahindra Bank Market Cap Drops Significantly - 12 Nov, 2024

    On November 12, 2024, Kotak Mahindra Bank's stock fell 1.16%, leading to a market cap decline of Rs 3,970 crore. The stock closed at Rs 1,723.75.
  • Kotak Mahindra Bank Faces Profitability Pressures - 10 Nov, 2024

    Kotak Mahindra Bank's market cap rose by ₹358.89 crore, but its stock dipped 1.07% over the past year. Quarterly profits increased 5% year-over-year, but higher loan provisions impacted earnings, leading to concerns over profitability.
  • Rising Default Rates in Microfinance Loans Noted - 08 Nov, 2024

    Kotak Mahindra Bank's recent results indicate a rise in default rates for microfinance loans, which are collateral-free loans for low-income individuals.
  • Kotak Mahindra Bank Offers Discounts on MyGlamm Purchases - 05 Nov, 2024

    Kotak Mahindra Bank is promoting a flat Rs. 500 discount on MyGlamm products for purchases of Rs. 899 or more when paid with their shopping Credit Card. This offer includes benefits like instant discounts, secure payments, and reward points.
  • Kotak Mahindra Bank Faces Microfinance Challenges - 04 Nov, 2024

    Kotak Mahindra Bank is cautious about microfinance growth due to rising slippages and provisions. Fresh slippages increased by 43%, with significant stress attributed to overleveraging and a rural economic slowdown.
  • Uday Kotak Advocates Caution Amid Market Optimism - 31 Oct, 2024

    Uday Kotak emphasizes cautious optimism for the market, urging investors to prepare for downturns while recognizing India's potential as a leading economy. He highlights the need for diverse growth and global competitiveness among Indian companies, despite a strong macroeconomic landscape.
  • Kotak Mahindra Bank Faces Rising Slippages Concerns - 30 Oct, 2024

    Kotak Mahindra Bank's fresh slippages increased by 43% to Rs 1,875 crore, with significant contributions from the microfinance sector. Management expresses caution regarding asset quality and growth in microfinance due to rising delinquencies.
  • Kotak Mahindra Bank Faces Regulatory Challenges - 29 Oct, 2024

    Kotak Mahindra Bank is stepping back from the IDBI Bank race due to ongoing issues with its technology platform, following RBI restrictions on onboarding new customers and issuing fresh credit cards.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 16.52% to 16.69% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 31.51% to 31.75% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 40.6% return, outperforming this stock by 44.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, ICICI Bank Ltd has given 82.1% return, outperforming this stock by 90.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 25.89% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, KOTAKBANK stock has moved down by -1.7%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 28.87K Cr → 26.88K Cr (in ₹), with an average decrease of 6.9% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 7.44K Cr → 5.04K Cr (in ₹), with an average decrease of 32.3% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 13.22% to 12.80% in Sep 2024 quarter

Kotak Mahindra Bank Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹21,559.52Cr (-)₹24,083.15Cr (↑11.71%)₹27,907.33Cr (↑15.88%)₹28,879.27Cr (↑3.48%)₹26,880.02Cr (↓6.92%)
Net Income₹4,461.04Cr (-)₹4,264.78Cr (↓4.40%)₹5,337.20Cr (↑25.15%)₹7,448.16Cr (↑39.55%)₹5,044.05Cr (↓32.28%)
Net Profit Margin20.69% (-)17.71% (↓14.40%)19.12% (↑7.96%)25.79% (↑34.88%)18.77% (↓27.22%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,83,633.64Cr (-)₹4,29,615.80Cr (↑11.99%)₹4,90,075.04Cr (↑14.07%)₹6,00,601.07Cr (↑22.55%)
Total Liabilities₹3,83,633.64Cr (-)₹4,29,615.80Cr (↑11.99%)₹4,90,075.04Cr (↑14.07%)₹6,00,601.07Cr (↑22.55%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹30,159.43Cr (-)-₹5,298.30Cr (↓117.57%)₹2,161.33Cr (↓140.79%)-₹8,369.18Cr (↓487.22%)₹13,900.79Cr (↓266.10%)

Index Inclusions

DFRGRI Indices

₹1,442.33

0.86 (12.34%)

S&P BSE Private Banks

₹18,601.23

1.06 (195.92%)

BSE 200

₹11,280.05

0.77 (86.13%)

Nifty Financial

₹24,296.55

0.93 (223.9%)

Nifty 500

₹23,020.85

0.81 (185%)

Nifty100 Eq Weig

₹32,523.95

0.86 (278.7%)

NIFTY 50

₹24,457.15

0.75 (181.1%)

S&P BSE Largecap

₹9,521.53

0.75 (70.94%)

NIFTY 100

₹25,393.25

0.77 (195.1%)

S&P BSE 250 LargeMidCap

₹10,706.91

0.79 (83.72%)

S&P BSE SENSEX 50

₹25,713.90

0.72 (183.12%)

S&P BSE Fin. Ser

₹11,729.42

1.08 (125.88%)

Nifty100 Low Volatility 30

₹19,543.40

0.38 (74.6%)

Nifty Services Sector

₹32,395.95

0.82 (263.95%)

Nifty Private Bank

₹25,559.05

0.86 (219.1%)

BANKEX

₹59,986.58

1.18 (698.97%)

S&P BSE Low Volatility

₹1,788.41

0.49 (8.71%)

BSE 500

₹36,246.75

0.8 (289.35%)

SENSEX

₹80,845.75

0.74 (597.67%)

Nifty 100 Liquid 15

₹6,453.50

0.72 (46.05%)

BANK NIFTY

₹52,695.75

1.13 (586.75%)

S&P BSE 100 LargeCap TMC

₹9,144.61

0.76 (68.75%)

S&P BSE 100 ESG

₹406.00

0.63 (2.53%)

Nifty LargeMidcap 250

₹16,052.90

0.83 (131.65%)

Nifty 200

₹13,825.85

0.79 (108.9%)

BSE 100

₹25,900.60

0.8 (206.02%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Kotak Mahindra Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
25.89%
-0.02
Foreign Institutions
31.75%
0.75
Mutual Funds
16.69%
1.03
Retail Investors
12.8%
-3.17
Others
12.88%
0.15

Kotak Mahindra Bank Ltd Key Indicators

Details20202021202220232024
Return On Equity %13.0812.3912.6214.0615.29
Details20202021202220232024
Return On Assets %2.382.62.813.053.03
Details20202021202220232024
Book Value Per Share (₹)348.32425.55486.9562.55653.41
Details20202021202220232024
Earning Per Share (₹)44.9949.7659.9274.290.24

Kotak Mahindra Bank Ltd Valuation

Kotak Mahindra Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (15.21x)

November 13, 2024

Today (15.81x)

December 2, 2024

Industry (15.83x)

December 2, 2024

Highest (44.36x)

July 16, 2018

LowHigh

Kotak Mahindra Bank Ltd Earnings and Dividends

  • Kotak Mahindra Bank Ltd Earnings Results

    Kotak Mahindra Bank Ltd’s net profit jumped 13.07% since last year same period to ₹5,044.05Cr in the Q2 2024-2025. On a quarterly growth basis, Kotak Mahindra Bank Ltd has generated -32.28% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Kotak 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

Bearish

Kotak Mahindra Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Kotak Mahindra Bank Ltd

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Kotak Mahindra Bank Ltd (KOTAKBANK) share price today is ₹1749.9

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 ₹1761.2.
  • Today’s lowest price of Kotak Mahindra Bank Ltd is ₹1740.

PE Ratio of Kotak Mahindra Bank Ltd is 15.81

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 39.72L.

Today’s market capitalisation of Kotak Mahindra Bank Ltd(KOTAKBANK) is ₹348714.05Cr.

Kotak Mahindra Bank Ltd(KOTAKBANKPrice
52 Week High
₹1942
52 Week Low
₹1543.85

Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1749.9. It is down -9.89% from its 52 Week High price of ₹1942

Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1749.9. It is up 13.35% from its 52 Week Low price of ₹1543.85

Kotak Mahindra Bank Ltd(KOTAKBANKReturns
1 Day Returns
-4.05%
1 Month Returns
1.42%
3 Month Returns
-1.67%
1 Year Returns
-3.55%