KOTAKBANK · NSE
Kotak Mahindra Bank Limited
₹412.5
-0.96% (-₹4)
Prev. close
₹416.5
Volume
1,54,61,137
Delivery %
82.8%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
10 analyst stances · last 90 days · one per analyst
Trackable
10 · 10 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Kotak Mahindra Bank, with a target of Rs 432–439 and a stop loss at Rs 408. The stock broke out above Rs 410,…” | ET Bureau AnalysisET Bureau | Kotak Mahindra Bank | PENDING | |
| “Bullish on Kotak Mahindra Bank, projecting a 4% upgrade to its pretax earnings. The bank secured Rs 848 billion in FCNR(…” | Nomura AnalysisNomura Global Markets Research | Kotak Mahindra Bank | PENDING | |
| “Bullish on Kotak Mahindra Bank, recommending a buy at ₹402.80 with a target of ₹416 and a stop loss at ₹395 for intraday…” | Vaishali ParekhPrabhudas Lilladher | Kotak Mahindra Bank | PENDING | |
| “Bullish on Kotak Mahindra Bank with a 'Buy' call and a target price of ₹509, implying 26% upside from ₹402.80. Asset-qua…” | Goldman Sachs AnalysisGoldman Sachs Group Inc. | Kotak Mahindra Bank | PENDING | |
| “Initiated a Buy rating on Kotak Mahindra Bank with a target price of ₹509, implying a 31% upside. This call is underpinn…” | Goldman Sachs AnalysisGoldman Sachs Group Inc. | Kotak Mahindra Bank | PENDING | |
| “Bullish on Kotak Mahindra Bank with a target price of Rs 500. The bank maintained core NIMs at 4.53% in Q1, with contain…” | Axis Securities AnalysisAxis Securities | Kotak Mahindra Bank | PENDING | |
| “Initiated coverage on Kotak Bank with a Buy rating and a target price of Rs 509, indicating a potential upside of 31%. T…” | Goldman Sachs AnalysisGoldman Sachs Group Inc. | Kotak Mahindra Bank | PENDING | |
| “Assigns an equal weight rating to Kotak Mahindra Bank, signaling a 28% upside to ₹500. The bank is expected to achieve a…” | Axis Securities AnalysisAxis Securities | Kotak Mahindra Bank | PENDING | |
| “Maintained Add rating on Kotak Mahindra Bank with a target price of Rs 415, implying a 6.4% upside. The bank benefits fr…” | JM Financial AnalysisJM Financial Institutional Securities | Kotak Mahindra Bank | NOT GRADED | |
| “Reiterated Buy rating on Kotak Mahindra Bank with a target price of Rs 470, implying a 21% upside. The bank delivered a …” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Kotak Mahindra Bank | NOT GRADED | |
| “Maintained Accumulate rating on Kotak Mahindra Bank with a target price of Rs 455, an upside of 17%. Q1FY27 profit after…” | Dolat Capital AnalysisDolat Capital | Kotak Mahindra Bank | PENDING | |
| “Indian IT services stocks have taken a breather and are partially aided by better-than-expected earnings, insulating the…” | Sham ChandakElios Financial Services | Kotak Mahindra Bank | NOT GRADED | |
| “Bullish on Kotak Mahindra Bank with a target price of ₹500, predicting a 32% upside. The bank's diversified financial se…” | Axis Securities AnalysisAxis Securities | Kotak Mahindra Bank | NOT GRADED | |
| “Recommends buying Kotak Mahindra Bank at ₹374, targeting ₹385, with a stop loss at ₹365.” | Vaishali ParekhPrabhudas Lilladher | Kotak Mahindra Bank | NOT GRADED | |
| “ICICI Securities maintains a buy call on Kotak Mahindra Bank with a target price of ₹480, believing any major correction…” | ICICI Securities AnalysisICICI Securities | Kotak Mahindra Bank | NOT GRADED |
Fundamentals
About Kotak Mahindra Bank Limited
Kotak Mahindra Bank Limited provides a range of banking and financial services to corporate and individual customers in India. It operates through Corporate/Wholesale Banking; Retail Banking; Treasury, BMU and Corporate Centre; Vehicle Financing; Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; and Insurance segments. The company offers savings, current, retail institution, corporate, private banking, and salary accounts; NRE and NRO fixed deposits and foreign currency nonresident deposits; home, personal, business, payday, gold, education, two-wheeler, commercial vehicle and equipment, working capital, home improvement, car, business, and crop loans, as well as loans against securities and properties; smart EMI services; bill payment, fund transfer, FASTag, taxes, loan/utility payment, forex, and remittance; and forex, credit, and debit card services. It also provides life, health, vehicle, travel, car, and two-wheeler insurance; domestic and international trade, international export and import, bank guarantee, letter of credit, and export credit; digital banking services; and cash management, trade and supply chain finance, trade services, corporate accounts, and sector based solutions. In addition, the company offers investment products, such as demat accounts, Government schemes, mutual funds, application supported by blocked amount facility, deposits, and portfolio investment schemes; and wire transfer, click2remit, and remittance exchange house services. Kotak Mahindra Bank Limited was incorporated in 1985 and is based in Mumbai, India.
Details
Sector
Financial Services
Industry
Banks - Regional
CEO
Mr. Ashok Valiram Vaswani
Headquarters
Mumbai
Employees
1,12,000
Website
kotak.bank.inExchange
View on NSE ↗Key stats
Market cap
₹4.14 L Cr
P/E ratio (TTM)
20.3
Dividend yield
0.16%
EPS (TTM)
₹20.49
Beta (1Y · daily vs NIFTY 50)
1.02
Beta (5Y · monthly vs NIFTY 50)
0.93
Shares float
733.04 Cr
EPS · quarter ended Jun 2026
₹5.51
Upcoming earnings
17 Oct 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹56,703.73 Cr | ₹58,882.82 Cr | ₹51,857.25 Cr | ₹69,669.60 Cr | ₹75,984.46 Cr | ₹75,788.53 Cr | |
| ₹9,990.20 Cr | ₹12,089.39 Cr | ₹14,925.01 Cr | ₹18,213.21 Cr | ₹22,125.99 Cr | ₹19,287.89 Cr | |
| Diluted EPS | ₹10.1 | ₹12.15 | ₹14.99 | ₹18.29 | ₹22.26 | ₹19.39 |
Interest expense has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹4.79 L Cr | ₹5.46 L Cr | ₹6.20 L Cr | ₹7.68 L Cr | ₹8.80 L Cr | ₹10.03 L Cr | |
| Total debt | — | ₹55,159.87 Cr | ₹57,033.92 Cr | ₹75,105.61 Cr | ₹86,751.03 Cr | ₹95,393.53 Cr |
| Stockholders' equity | — | ₹97,134.03 Cr | ₹1.12 L Cr | ₹1.30 L Cr | ₹1.57 L Cr | ₹1.81 L Cr |
Cash & equivalents, Total debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹4,881.14 Cr | ₹8,417.99 Cr | ₹-1,242.00 Cr | ₹15,685.00 Cr | ₹16,916.00 Cr | ₹41,727.00 Cr | |
| Investing cash flow | ₹-11,116.14 Cr | ₹-11,084.40 Cr | ₹-10,550.18 Cr | ₹-9,096.93 Cr | ₹-25,272.09 Cr | ₹-16,519.13 Cr |
| ₹-10,072.05 Cr | ₹7,548.91 Cr | ₹1,883.00 Cr | ₹15,515.00 Cr | ₹22,165.00 Cr | ₹-2,538.00 Cr | |
| Capital expenditure | ₹-368.59 Cr | ₹-669.77 Cr | ₹-987.00 Cr | ₹-1,127.00 Cr | ₹-1,213.00 Cr | ₹-1,058.00 Cr |
| End cash position | ₹47,716.62 Cr | ₹52,665.48 Cr | ₹42,925.35 Cr | ₹65,206.39 Cr | ₹79,061.75 Cr | ₹1.02 L Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22 | Sep 22 | Dec 22–Mar 23(2Q) | Jun 23 | Sep 23 | Dec 23 | Mar 24 | Jun 24–Dec 24(3Q) | Mar 25–Sep 25(3Q) | Dec 25–Jun 26(3Q) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 26.00% | 25.99% | 25.98% | 25.97% | 25.96% | 25.95% | 25.94% | 25.93% | 25.91% | 25.90% | 25.89% | 25.88% | 25.87% |
| Public | 74.00% | 74.01% | 74.02% | 74.03% | 74.04% | 74.05% | 74.06% | 74.07% | 74.09% | 74.10% | 74.11% | 74.12% | 74.13% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.27 L Cr | ₹731 | 16.2 | 1.38 | 8.6% | 0.81 | +4.7% | -25.2% |
| ICICI Bank Limited | ₹9.75 L Cr | ₹1,347.6 | 17.6 | 2.69 | 14.9% | 0.57 | +9.1% | -5.0% |
| State Bank of India | ₹9.16 L Cr | ₹996.2 | 10.6 | 1.54 | 14.0% | 1.22 | +9.2% | +16.6% |
| Bajaj Finance Limited | ₹6.31 L Cr | ₹1,040.3 | 31.1 | 5.54 | 16.7% | 3.10 | +19.7% | +4.4% |
| Life Insurance Corporation Of India | ₹5.06 L Cr | ₹407.7 | 8.4 | 2.87 | 32.5% | — | +8.7% | -54.2% |
| Kotak Mahindra Bank Limited | ₹4.08 L Cr | ₹415 | 20.5 | 2.25 | 10.6% | 0.53 | -0.3% | -79.5% |
| Axis Bank Limited | ₹3.86 L Cr | ₹1,240 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +10.1% |
| Bajaj Finserv Limited | ₹2.98 L Cr | ₹1,852.5 | 29.4 | 3.82 | 12.6% | 4.64 | +13.6% | -10.5% |
| Shriram Finance Limited | ₹2.34 L Cr | ₹1,010 | 17.6 | 3.55 | 15.2% | 2.76 | +13.9% | +61.1% |
| SBI Life Insurance Company Limited | ₹1.77 L Cr | ₹1,731 | 68.0 | 9.29 | 12.9% | — | -4.3% | -5.0% |
| ICICI Prudential Asset Management Company Limited | ₹1.53 L Cr | ₹3,098 | 43.8 | 36.57 | 79.1% | — | +23.1% | — |
| Jio Financial Services Limited | ₹1.51 L Cr | ₹229.89 | 71.2 | 1.13 | 1.2% | 0.16 | +136.4% | -27.6% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 28
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
58 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.