KOTAKBANK
Kotak Mahindra Bank Limited (KOTAKBANK) Stock Analysis
Kotak Mahindra Bank Limited is a leading private bank offering retail, corporate, wealth, and investment banking. It is known for conservative risk culture and strong digital platforms. The bank provides loans, deposits, cards, and broking through the group. It is a top-tier listed financial stock.
Financial Services › Banks - Regional
₹416.50
-0.01% 1W | +1.00% 52W
Market Cap
414.3k CR
P/E Ratio
20.4
52W High
₹453.2
52W Low
₹345.5
Div. Yield
0.16%
Beta
0.3
50 DMA
₹399
200 DMA
₹398.9
Profit Margin
28.5%
Inst. Own.
47.2%
📈 CONSOLIDATING UP
📈 CONSOLIDATING UP
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12,869 | 13,717 | 14,495 | 15,156 | 15,837 | 16,427 | 16,633 | 16,772 | 17,248 | 17,199 | 17,507 | 17,827 | 18,355 |
| Interest | 4,834 | 5,536 | 5,985 | 6,212 | 6,805 | 7,139 | 7,170 | 7,157 | 7,527 | 7,333 | 7,384 | 7,376 | 7,703 |
| Expenses | 10,303 | 10,136 | 12,484 | 14,920 | 12,263 | 13,094 | 10,596 | 13,666 | 13,123 | 11,606 | 13,933 | 13,656 | 14,857 |
| Financing Profit | -2,269 | -1,955 | -3,975 | -5,976 | -3,231 | -3,806 | -1,133 | -4,051 | -3,402 | -1,740 | -3,811 | -3,205 | -4,205 |
| Financing Margin % | -18% | -14% | -27% | -39% | -20% | -23% | -7% | -24% | -20% | -10% | -22% | -18% | -23% |
| Other Income | 7,855 | 7,843 | 9,588 | 12,751 | 13,042 | 10,453 | 7,313 | 10,402 | 9,456 | 7,703 | 10,344 | 10,648 | 11,714 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 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 |
| Tax % | 26% | 25% | 25% | 23% | 25% | 25% | 25% | 23% | 27% | 25% | 25% | 27% | 27% |
| Net Profit | 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 |
| EPS in Rs | 4.18 | 4.49 | 4.29 | 5.37 | 7.49 | 5.07 | 4.73 | 4.96 | 4.50 | 4.49 | 4.95 | 5.45 | 5.51 |
| Gross NPA % | 1.75% | 1.69% | 1.68% | 1.38% | 1.39% | 1.48% | 1.51% | 1.45% | |||||
| Net NPA % | 0.43% | 0.39% | 0.36% | 0.36% | 0.38% | 0.45% | 0.44% | 0.36% |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13,319 | 20,402 | 22,324 | 25,131 | 29,831 | 33,474 | 32,820 | 33,740 | 42,151 | 56,237 | 65,669 | 69,781 | 70,887 |
| Interest | 6,966 | 11,123 | 11,458 | 12,467 | 15,187 | 15,901 | 12,967 | 11,553 | 14,411 | 22,567 | 28,271 | 29,620 | 29,795 |
| Expenses | 9,718 | 11,541 | 14,832 | 16,805 | 19,758 | 22,578 | 29,812 | 31,069 | 33,485 | 47,052 | 48,894 | 54,524 | 54,053 |
| Financing Profit | -3,366 | -2,263 | -3,965 | -4,141 | -5,114 | -5,005 | -9,958 | -8,882 | -5,746 | -13,382 | -11,496 | -14,362 | -12,961 |
| Financing Margin % | -25% | -11% | -18% | -16% | -17% | -15% | -30% | -26% | -14% | -24% | -18% | -21% | -18% |
| Other Income | 8,152 | 7,631 | 11,660 | 13,682 | 16,148 | 16,892 | 23,588 | 25,311 | 25,991 | 38,037 | 41,426 | 41,387 | 40,409 |
| Depreciation | 237 | 345 | 362 | 383 | 458 | 465 | 461 | 480 | 599 | 792 | 941 | 1,032 | 0 |
| Profit before tax | 4,550 | 5,024 | 7,332 | 9,158 | 10,576 | 11,422 | 13,168 | 15,948 | 19,646 | 23,863 | 28,989 | 25,993 | 27,448 |
| Tax % | 33% | 32% | 32% | 33% | 33% | 25% | 25% | 25% | 25% | 25% | 24% | 26% | |
| Net Profit | 3,105 | 3,524 | 5,019 | 6,258 | 7,204 | 8,593 | 9,990 | 12,089 | 14,925 | 18,213 | 22,126 | 19,288 | 20,296 |
| EPS in Rs | 3.94 | 3.77 | 5.37 | 6.51 | 7.55 | 8.98 | 10.08 | 12.18 | 15.03 | 18.32 | 22.26 | 19.39 | 20.40 |
| Dividend Payout % | 2% | 3% | 2% | 2% | 2% | 0% | 2% | 2% | 2% | 2% | 2% | 3% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 18.0% | 16.0% | 13.0% |
| Profit CAGR | 9.0% | 14.0% | 19.0% |
Shareholding Pattern
Promoters25.88%
FIIs32.34%
DIIs29.61%
Public12.18%
Promoters25.87%
FIIs29.75%
DIIs32.02%
Public12.35%
Promoters25.87%
FIIs29.36%
DIIs32.88%
Public11.90%
Promoters25.87%
FIIs26.40%
DIIs36.19%
Public11.54%
Promoters25.87%
FIIs25.21%
DIIs37.71%
Public11.20%
Promoters25.95%
FIIs39.42%
DIIs21.31%
Public13.30%
Promoters25.90%
FIIs37.59%
DIIs23.40%
Public13.11%
Promoters25.88%
FIIs32.65%
DIIs29.13%
Public12.34%
Promoters25.87%
FIIs26.40%
DIIs36.19%
Public11.54%
Promoters25.87%
FIIs25.21%
DIIs37.71%
Public11.20%
KOTAKBANK
Holdings Analysis
Key strengths & risk signals
57
Overall
72
Fundamental
43
Technical
Risks (4)
NEGLIGIBLE DIVIDEND! 0.17% yield - little to no income.
WEAK POSITION! Current price (382.1) is below both moving averages.
WEAK YEAR! Stock declined 10.0% in the last year.
NEGATIVE MOMENTUM! Price declined across timeframes - down 0.7% (1 week), 4.3% (1 month), 0.0% (3 months).
Strengths (3)
EXCELLENT EFFICIENCY! 28.5% profit margin - company keeps strong profits.
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
NEUTRAL! RSI at 46.6 - balanced momentum.
Fundamental & Technical Analysis
57Overall
72Fundamental
43Technical
Fundamental Breakdown
Growth Quality
19/30
Revenue CAGR: 13.5% (GOOD, 11/15). Profit CAGR: 8.9% (MODERATE, 8/15).
Profit Margin
9/10
EXCELLENT EFFICIENCY! 28.5% profit margin - company keeps strong profits.
PEG Valuation
7/10
OVERVALUED! PEG of 2.21 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.17% yield - little to no income.
Debt to Equity
6/10
MODERATE DEBT! D/E of 0.55 - acceptable leverage.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 12.92% public ownership - strong promoter/institutional control.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (388.8) is below 200-day average (404.1) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (382.1) is below both moving averages.
Trend Pattern
10/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
2/10
WEAK YEAR! Stock declined 10.0% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 16,719,127 vs down days: 18,482,212. Ratio: 0.9x
RSI
3/5
NEUTRAL! RSI at 46.6 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 34.0% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 0.7% (1 week), 4.3% (1 month), 0.0% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
Peer Comparison
Financial Services · Banks - Regional · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KOTAKBANK | ₹416.50 | 20.4 | 28.5% | 13.5% | 8.9% | +1.0% | 57 | CONSOLIDATING UP | +22.5% | +1.1% | +16.6% | +7.8% |
| AXISBANK | ₹1,240.00 | 13.7 | 36.0% | 12.2% | 34.6% | +9.5% | 67 | BREAKDOWN | +22.2% | +0.4% | +3.8% | +4.2% |
| UNIONBANK | ₹178.10 | 6.6 | 40.5% | 7.6% | 31.7% | +30.5% | 79 | BREAKDOWN | +27.4% | +2.5% | +9.5% | -1.4% |
| PNB | ₹116.50 | 5.9 | 38.1% | 10.0% | 76.4% | +4.4% | 74 | APPROACHING SUPPORT | +174.3% | +4.0% | -4.9% | +4.9% |
| BANKBARODA | ₹232.30 | 6.6 | 27.4% | 10.3% | 10.0% | -5.6% | 63 | BREAKDOWN | -48.6% | -69.3% | +10.6% | +4.2% |
| INDIANB | ₹840.50 | 8.8 | 36.4% | 10.4% | 28.1% | +20.1% | 78 | BREAKDOWN | +47.5% | +5.8% | +15.1% | +4.6% |
| CANBK | ₹123.90 | 5.7 | 43.1% | 5.0% | 20.5% | +6.7% | 68 | BREAKDOWN | +62.2% | +13.3% | -12.8% | +16.8% |
| IDBI | ₹81.90 | 9.4 | 48.6% | 7.9% | 35.5% | -10.3% | 67 | BREAKDOWN | +5.3% | +6.0% | -1.4% | +7.5% |
Data from TradeAlone · Updated daily
