Financials Kotak Mahindra Bank Limited

Equities

KOTAKBANK

INE237A01028

Banks

Delayed Bombay S.E. 11:15:28 30/04/2024 am IST 5-day change 1st Jan Change
1,636 INR -0.26% Intraday chart for Kotak Mahindra Bank Limited -9.87% -14.35%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,49,619 24,79,715 34,76,140 34,82,486 34,43,696 32,60,717 - -
Enterprise Value (EV) 1 25,49,619 24,79,715 34,76,140 34,82,486 34,43,696 32,60,717 32,60,717 32,60,717
P/E ratio 52.4 x 42 x 49.9 x 40.8 x 31.6 x 25.4 x 23.1 x 20.4 x
Yield 0.06% - 0.05% 0.06% 0.09% 0.12% 0.14% 0.16%
Capitalization / Revenue 16.1 x 13.1 x 16.7 x 15 x 12 x 9.17 x 8.06 x 6.97 x
EV / Revenue 16.1 x 13.1 x 16.7 x 15 x 12 x 9.17 x 8.06 x 6.97 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 5.94 x 5.06 x 5.42 x 4.8 x 4.12 x 3.43 x 3 x 2.63 x
Nbr of stocks (in thousands) 19,08,755 19,12,844 19,81,836 19,84,662 19,86,557 19,87,939 - -
Reference price 2 1,336 1,296 1,754 1,755 1,734 1,640 1,640 1,640
Announcement Date 30/04/19 13/05/20 03/05/21 04/05/22 29/04/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,58,630 1,88,718 2,07,988 2,31,723 2,86,350 3,55,630 4,04,527 4,67,604
EBITDA - - - - - - - -
EBIT 1 83,482 1,00,208 1,22,147 1,20,509 1,48,480 1,88,706 2,11,062 2,42,689
Operating Margin 52.63% 53.1% 58.73% 52.01% 51.85% 53.06% 52.18% 51.9%
Earnings before Tax (EBT) 1 73,858 78,047 93,030 1,13,613 1,43,910 1,71,672 1,88,751 2,13,277
Net income 1 48,653 59,472 69,648 85,727 1,09,393 1,28,783 1,41,444 1,59,885
Net margin 30.67% 31.51% 33.49% 37% 38.2% 36.21% 34.97% 34.19%
EPS 2 25.48 30.84 35.14 43.01 54.87 64.70 71.06 80.25
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.8000 - 0.9000 1.100 1.500 1.947 2.269 2.619
Announcement Date 30/04/19 13/05/20 03/05/21 04/05/22 29/04/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 53,412 57,923 55,247 58,332 56,980 63,477 59,408 70,536 77,529 82,888 89,170 85,791 88,718 93,239 92,579
EBITDA - - - - - - - - - - - - - - -
EBIT 1 30,833 34,075 31,211 31,202 27,010 33,399 27,833 35,675 38,498 46,474 49,496 45,708 46,102 48,167 -
Operating Margin 57.73% 58.83% 56.49% 53.49% 47.4% 52.62% 46.85% 50.58% 49.66% 56.07% 55.51% 53.28% 51.96% 51.66% -
Earnings before Tax (EBT) 1 24,843 22,281 21,863 26,962 28,327 36,461 27,597 34,305 37,010 44,998 45,853 41,236 42,021 44,073 41,188
Net income 1 18,535 16,824 16,419 20,320 21,314 27,674 20,712 25,807 27,919 34,956 34,523 31,404 31,682 33,389 30,891
Net margin 34.7% 29.04% 29.72% 34.84% 37.41% 43.6% 34.86% 36.59% 36.01% 42.17% 38.72% 36.61% 35.71% 35.81% 33.37%
EPS 2 9.360 8.280 8.280 10.24 10.74 13.74 10.43 12.99 14.06 17.39 17.38 15.85 15.81 16.79 15.55
Dividend per Share 2 - - - - - - - - - - 0.4833 0.4832 0.4920 0.4977 -
Announcement Date 25/01/21 03/05/21 26/07/21 26/10/21 28/01/22 04/05/22 23/07/22 22/10/22 21/01/23 29/04/23 22/07/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 12.1% 12.9% 12.4% 12.6% 14% 14.5% 13.8% 13.7%
ROA (Net income/ Total Assets) 1.69% 1.87% 1.85% 2.13% 2.47% 2.42% 2.28% 2.23%
Assets 1 28,78,893 31,80,310 37,64,778 40,24,737 44,28,866 53,20,665 62,08,272 71,82,475
Book Value Per Share 2 225.0 256.0 324.0 365.0 420.0 478.0 547.0 624.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 30/04/19 13/05/20 03/05/21 04/05/22 29/04/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
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