Kotak Mahindra Bank Ltd
Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance.[1]
- Market Cap ₹ 340,236 Cr.
- Current Price ₹ 1,713
- High / Low ₹ 1,998 / 1,630
- Stock P/E 33.3
- Book Value ₹ 363
- Dividend Yield 0.06 %
- ROCE 5.55 %
- ROE 12.6 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 20.2% CAGR over last 5 years
Cons
- Stock is trading at 4.72 times its book value
- The company has delivered a poor sales growth of 8.84% over past five years.
- Company has a low return on equity of 12.6% over last 3 years.
- Contingent liabilities of Rs.305,026 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.7,124 Cr.
- Promoter holding has decreased over last 3 years: -4.01%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Banks Industry: Banks - Private Sector
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4,190 | 6,180 | 8,042 | 8,767 | 9,720 | 16,384 | 17,699 | 19,748 | 23,890 | 26,930 | 26,840 | 27,039 | 31,496 |
Interest | 2,092 | 3,668 | 4,837 | 5,047 | 5,496 | 9,484 | 9,573 | 10,217 | 12,684 | 13,430 | 11,501 | 10,221 | 11,525 |
1,592 | 1,773 | 2,262 | 2,682 | 3,226 | 6,102 | 6,165 | 7,063 | 8,110 | 10,695 | 10,676 | 11,430 | 13,558 | |
Financing Profit | 505 | 739 | 944 | 1,038 | 997 | 799 | 1,962 | 2,469 | 3,096 | 2,805 | 4,663 | 5,388 | 6,413 |
Financing Margin % | 12% | 12% | 12% | 12% | 10% | 5% | 11% | 12% | 13% | 10% | 17% | 20% | 20% |
781 | 977 | 1,161 | 1,400 | 2,028 | 2,612 | 3,477 | 4,052 | 4,657 | 5,372 | 5,007 | 6,354 | 7,124 | |
Depreciation | 98 | 117 | 133 | 165 | 193 | 287 | 291 | 303 | 367 | 372 | 367 | 381 | 0 |
Profit before tax | 1,188 | 1,600 | 1,972 | 2,272 | 2,833 | 3,124 | 5,148 | 6,218 | 7,386 | 7,805 | 9,303 | 11,361 | 13,537 |
Tax % | 31% | 32% | 31% | 34% | 34% | 33% | 34% | 34% | 34% | 24% | 25% | 25% | |
Net Profit | 818 | 1,085 | 1,361 | 1,503 | 1,866 | 2,090 | 3,412 | 4,084 | 4,865 | 5,947 | 6,965 | 8,573 | 10,211 |
EPS in Rs | 5.55 | 7.32 | 9.11 | 9.75 | 12.08 | 11.39 | 18.53 | 21.43 | 25.49 | 31.09 | 35.14 | 43.19 | 51.43 |
Dividend Payout % | 4% | 4% | 4% | 4% | 4% | 4% | 3% | 3% | 3% | 0% | 3% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 9% |
3 Years: | 4% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 20% |
3 Years: | 21% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 9% |
3 Years: | 1% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
368 | 370 | 373 | 385 | 386 | 917 | 920 | 953 | 1,454 | 1,457 | 1,491 | 1,492 | |
Reserves | 6,428 | 7,576 | 9,074 | 11,890 | 13,755 | 23,042 | 26,696 | 36,529 | 41,444 | 47,559 | 62,236 | 70,964 |
40,985 | 55,132 | 71,439 | 71,968 | 87,010 | 159,618 | 178,521 | 217,797 | 258,129 | 300,814 | 303,751 | 337,651 | |
3,069 | 2,589 | 2,807 | 3,342 | 4,861 | 8,682 | 8,453 | 9,654 | 11,645 | 10,923 | 16,492 | 19,821 | |
Total Liabilities | 50,851 | 65,667 | 83,694 | 87,585 | 106,012 | 192,260 | 214,590 | 264,933 | 312,172 | 360,252 | 383,470 | 429,428 |
426 | 450 | 464 | 1,107 | 1,207 | 1,552 | 1,538 | 1,527 | 1,652 | 1,623 | 1,535 | 1,644 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 17,121 | 21,567 | 28,873 | 25,485 | 28,659 | 51,260 | 45,074 | 64,562 | 71,189 | 75,052 | 105,099 | 100,580 |
33,304 | 43,650 | 54,356 | 60,994 | 76,146 | 139,448 | 167,978 | 198,844 | 239,331 | 283,577 | 276,836 | 327,204 | |
Total Assets | 50,851 | 65,667 | 83,694 | 87,585 | 106,012 | 192,260 | 214,590 | 264,933 | 312,172 | 360,252 | 383,470 | 429,428 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1,474 | -3,923 | -1,405 | 9,002 | 4,463 | 6,134 | 14,412 | -10,275 | -3,388 | 30,159 | -5,298 | 2,161 | |
-79 | -842 | -1,478 | -549 | -3,454 | -52 | -2,976 | -2,514 | 810 | -7,426 | -1,782 | -1,320 | |
1,724 | 4,928 | 3,938 | -6,162 | -727 | -1,464 | 257 | 9,837 | 7,633 | 5,883 | -6,586 | 2,456 | |
Net Cash Flow | 171 | 164 | 1,055 | 2,291 | 282 | 4,617 | 11,692 | -2,952 | 5,055 | 28,617 | -13,666 | 3,297 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 14% | 15% | 16% | 14% | 14% | 11% | 13% | 12% | 12% | 13% | 12% | 13% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jan
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
24 Jan - Transcript of the Earnings Conference Call on the Consolidated and Standalone Unaudited Financial Results of the Bank for the Quarter and Nine Months ended December …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Jan - Listing Regulations'), please find enclosed, a copy of the newspaper clipping published in Financial Express, an English daily and in Navshakti, a Marathi daily on …
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Correction In The Outcome Of Board Meeting
22 Jan - Announcement of the outcome of Board Meeting held on January 21, 2023 submitted with the stock exchanges and request you to note that, in the …
- Audio Recording Of The Earnings Conference Call On The Consolidated And Standalone Unaudited Financial Results Of The Bank For The Quarter And Nine Months Ended December 31, 2022 21 Jan
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Concalls
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Jan 2023TranscriptPPT
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Oct 2022TranscriptPPT
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Jul 2022TranscriptPPT
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May 2022TranscriptPPT
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May 2022TranscriptPPT
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Oct 2021Transcript PPT
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Aug 2021TranscriptPPT
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Oct 2020Transcript PPT
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Aug 2020TranscriptPPT
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Oct 2019Transcript PPT
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Oct 2018Transcript PPT
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Oct 2017Transcript PPT
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Oct 2016TranscriptPPT
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Oct 2016Transcript PPT
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Jul 2016TranscriptPPT
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May 2016Transcript PPT
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Jan 2016Transcript PPT
Ratios (Q1FY23)
Capital Adequacy Ratio - ~23%
Net Interest Margin - ~5%
Gross NPA - 2.3%%
Net NPA - 0.6% %
CASA Ratio - 58% [1] [2]