🔔 Earnings Alert
Kotak Mahindra Bank reported a 5% YoY increase in PAT for Q2FY25, but shares fell over 4% due to disappointing results and RBI restrictions.
Kotak Mahindra Bank Ltd Analyst Rating
based on 40 analysts
61.54%
Buy
25.64%
Hold
12.82%
Sell
Based on 40 analysts offering long term price targets for Kotak Mahindra Bank Ltd. An average target of ₹1975.2
Source: S&P Global Market Intelligence
Kotak Mahindra Bank Ltd Share analysis
Kotak Mahindra Bank Ltd price forecast by 40 analysts
Upside of5.57%
High
₹2290
Target
₹1975.20
Low
₹1613
Kotak Mahindra Bank Ltd target price ₹1975.2, a slight upside of 5.57% compared to current price of ₹1789.2. 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, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Kotak Mahindra Bank Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Kotak Mahindra Bank Ltd Performance
Day's Low
Day's High
₹1,735₹1,85552 Week's Low
52 Week's High
₹1,543.85₹1,942
| Returns % | |
| 1 Month Return | -3.29 % |
| 3 Month Return | + 6.46 % |
| 1 Year Return | + 7.49 % |
| Market Stats | |
| Previous Close | ₹1,871.05 |
| Open | ₹1,850.00 |
| Volume | 1.32Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,71,995.45Cr |
Kotak Mahindra Bank Ltd Key Statistics
| P/E Ratio | 16.86 |
| PEG Ratio | 0.68 |
| Market Cap | ₹3,71,995.45 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 | ₹3,71,995.45 Cr | 2.97% | NA | ₹18,213 Cr | ₹94,273 Cr | |
| BUY | ₹1,04,949.84 Cr | 0.09% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹30,924.21 Cr | -13.14% | NA | NA | NA | |
| BUY | ₹8,91,107.50 Cr | 36.06% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹3,70,253.16 Cr | 13.58% | 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: ₹1789.20 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹3,71,995.45Cr 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
| 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 Faces Challenges Amid Q2 Results - 21 Oct, 2024
Kotak Mahindra Bank's Q2 results showed a 5% YoY profit increase, but shares fell over 4% due to rising credit costs, asset quality issues, and RBI restrictions. Analysts maintain mixed ratings, with target prices adjusted amid concerns over loan growth and credit quality.
Kotak Mahindra Bank Reports Profit Growth and Acquisition - 20 Oct, 2024
Kotak Mahindra Bank's Q2FY25 net profit increased by 4.8% YoY to Rs 3,344 crore. The bank also announced the acquisition of Standard Chartered's personal loan book worth ₹4,100 crore, while provisions rose significantly to Rs 660.4 crore.
Kotak Mahindra Bank Reports Q2 Results Amid Challenges - 19 Oct, 2024
Kotak Mahindra Bank's Q2 net profit rose 5% to Rs 3,344 crore, but faced challenges from RBI restrictions and rising NPAs. The bank plans to acquire Standard Chartered's personal loan portfolio to enhance margins and customer base, while expecting a revival in tractor financing demand in H2 FY25.
Kotak Mahindra Bank Acquires Standard Chartered Loan Book - 18 Oct, 2024
Kotak Mahindra Bank has agreed to acquire Standard Chartered Bank's personal loan book in India for ₹4,100 crore, aiming to enhance its retail lending capabilities. The acquisition is expected to be finalized by January 2025, subject to regulatory approvals.
Kotak Mahindra Bank Updates: Metro Station and Rate Cut - 17 Oct, 2024
Kotak Mahindra Bank has renamed the BKC Metro station, inaugurated by PM Modi, while also reducing savings account interest rates to 3% for lower balances.
Jay Kotak Discusses Future Plans for Kotak Mahindra Bank - 16 Oct, 2024
Jay Kotak, in his first TV interview, shares insights on his readiness for leadership and the bank's strategic expansion plans despite recent stock challenges.
Private Banks Evolve into Financial Supermarkets - 14 Oct, 2024
Major private banks like HDFC Bank, ICICI Bank, Kotak, and Axis Bank are expanding their financial services, transforming into comprehensive financial supermarkets offering a wide range of products under one roof.
Kotak Mahindra Bank Faces Challenges Amid Target Price Hike - 11 Oct, 2024
Kotak Mahindra Bank's shares are under scrutiny as UBS raises the target price to ₹1,950 while maintaining a Neutral rating due to cyclical challenges. The bank's Q2 results are set for October 19, with shares experiencing a slight decline.
Kotak Mahindra Bank Reports Strong Q1 Profit Surge - 10 Oct, 2024
Kotak Mahindra Bank shares surged over 4% on October 10, 2024, following a 79% increase in consolidated net profit for Q1 FY25, reaching ₹7,448 crore. The profit growth was largely attributed to a stake sale in its general insurance arm, despite facing challenges from RBI restrictions on technology. The bank's gross NPA ratio remained stable at 1.39%.
Kotak Mahindra Bank Shows Bullish Momentum - 09 Oct, 2024
Kotak Mahindra Bank's stock demonstrates bullish momentum, supported by technical indicators and a neutral monetary policy stance from the RBI, suggesting potential upward movement.
Kotak Mahindra Bank Notes Economic Growth Fatigue - 08 Oct, 2024
Kotak Mahindra Bank's chief economist highlighted emerging signs of fatigue in the Indian economy, while the RBI maintains the repo rate at 6.50%.
Kotak Mahindra Bank Enhances Tech, Aims for Growth - 01 Oct, 2024
Kotak Mahindra Bank is addressing RBI's digital infrastructure issues while aiming to become India's third-largest private bank by 2030. CEO Ashok Vaswani reassures that deposit concerns are overstated, and the bank has announced a Rs 2 dividend, with experts recommending a buy on shares.
Kotak Mahindra Bank Faces Growth Stagnation - 27 Sep, 2024
Kotak Mahindra Bank's growth remains flat, with its total card tally stagnant at 54.13 lakh, attributed to ongoing RBI restrictions due to IT issues.
Kotak Mahindra Bank Shows Bullish Momentum - 25 Sep, 2024
Kotak Mahindra Bank has broken out from an inverse Head & Shoulder pattern, gaining momentum after testing the 200-DMA. Experts suggest a target of Rs 2,200 in the next 1-2 months for short to medium-term traders.
Kotak Mahindra Bank Faces Valuation Challenges Amid Leadership Changes - 23 Sep, 2024
Kotak Mahindra Bank is experiencing a 14-year low valuation, but maintains stable asset quality. Leadership changes occur as Manian joins Federal Bank. Positive market trends may 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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 16.52% to 16.69% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 31.51% to 31.75% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 25.89% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, ICICI Bank Ltd has given 67.4% return, outperforming this stock by 80.1%
- NO EFFECT
Against Peers
In the last 1 year, State Bank of India has given 48.4% return, outperforming this stock by 40.9%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 28.87K Cr → 26.88K Cr (in ₹), with an average decrease of 6.9% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 13.22% to 12.80% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 7.44K Cr → 5.04K Cr (in ₹), with an average decrease of 32.3% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 years, KOTAKBANK stock has moved down by -12.7%
Kotak Mahindra Bank Ltd Infographics
Kotak Mahindra Bank Ltd Q1 FY2024-2025 Results: Key Insights
Kotak Mahindra Bank has announced its Q1FY25 earnings, highlighting key performance metrics for the quarter.
News
Delhi HC orders SpiceJet to pay Rs 20 crore to engine lessors
The directive follows a plea filed by Team France and Sunbird France, which leased four engines to SpiceJet and claimed unpaid dues. The High Court will review the payment status and resume hearings on August 8.31 Jul, 2024 12:34 PMDelhi Rains: 10 flights diverted within 30 minutes from IGI airport; IndiGo, Spicejet, Air India issue advisory
Delhi Rains: Several airlines, including Air India, Vistara, IndiGo, and SpiceJet, have issued advisories due to flight diversions caused by the heavy rainfall in Delhi. Passengers are advised to check their flight status and consider arriving at the airport earlier than planned.31 Jul, 2024 09:21 PMMumbai: SpiceJet staffers ask, ‘PF is deducted from our salaries, but where is it going?’
Current and former SpiceJet employees have slammed the management for ‘ignoring their repeated pleas’; carrier says clearing dues remains its top priority01 Aug, 2024 04:36 AMKotak Mahindra Bank Ltd Financials
Index Inclusions
Kotak Mahindra Bank Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 25.89% | ||
| Foreign Institutions | 31.75% | 0.75 | |
| Mutual Funds | 16.69% | 1.03 | |
| Retail Investors | 12.8% | ||
| Others | 12.88% | 0.15 |
Kotak Mahindra Bank Ltd Key Indicators
Kotak Mahindra Bank Ltd Valuation
Kotak Mahindra Bank Ltd in the last 5 years
Lowest (16.13x)
October 7, 2024
Industry (15.45x)
October 18, 2024
Today (16.86x)
October 18, 2024
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 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 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 Bearish trading position according to technical analysis indicators.
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Kotak Mahindra Bank Ltd (KOTAKBANK) share price today is ₹1789.2
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 ₹1855.
- Today’s lowest price of Kotak Mahindra Bank Ltd is ₹1735.
PE Ratio of Kotak Mahindra Bank Ltd is 16.86
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 1.32Cr.
Today’s market capitalisation of Kotak Mahindra Bank Ltd(KOTAKBANK) is ₹371995.45Cr.
| Kotak Mahindra Bank Ltd(KOTAKBANK | Price |
|---|---|
52 Week High | ₹1942 |
52 Week Low | ₹1543.85 |
Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1789.2. It is down -7.87% from its 52 Week High price of ₹1942
Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1789.2. It is up 15.89% from its 52 Week Low price of ₹1543.85
| Kotak Mahindra Bank Ltd(KOTAKBANK | Returns |
|---|---|
1 Day Returns | -81.85% |
1 Month Returns | -3.29% |
3 Month Returns | 6.46% |
1 Year Returns | 7.49% |