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 ₹ 364,147 Cr.
- Current Price ₹ 1,834
- High / Low ₹ 2,253 / 1,630
- Stock P/E 27.9
- Book Value ₹ 489
- Dividend Yield 0.06 %
- ROCE 6.29 %
- ROE 13.3 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 19.6% CAGR over last 5 years
Cons
- Stock is trading at 3.75 times its book value
- The company has delivered a poor sales growth of 8.61% over past five years.
- Company has a low return on equity of 13.3% for last 3 years.
- Contingent liabilities of Rs.311,865 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.23,113 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | 5,973 | 8,470 | 10,838 | 11,986 | 13,319 | 20,402 | 22,324 | 25,131 | 29,831 | 33,474 | 32,820 | 33,740 | 34,862 |
Interest | 2,668 | 4,542 | 6,024 | 6,312 | 6,966 | 11,123 | 11,458 | 12,467 | 15,187 | 15,901 | 12,967 | 11,553 | 11,707 |
5,995 | 5,651 | 6,603 | 7,053 | 9,718 | 11,541 | 14,832 | 16,805 | 19,758 | 22,578 | 29,812 | 31,069 | 29,153 | |
Financing Profit | -2,690 | -1,723 | -1,789 | -1,379 | -3,366 | -2,263 | -3,965 | -4,141 | -5,114 | -5,005 | -9,958 | -8,882 | -5,998 |
Financing Margin % | -45% | -20% | -17% | -12% | -25% | -11% | -18% | -16% | -17% | -15% | -30% | -26% | -17% |
5,090 | 4,543 | 5,112 | 5,282 | 8,152 | 7,631 | 11,660 | 13,682 | 16,148 | 16,892 | 23,588 | 25,311 | 23,113 | |
Depreciation | 152 | 164 | 179 | 208 | 237 | 345 | 362 | 383 | 458 | 465 | 461 | 480 | 0 |
Profit before tax | 2,247 | 2,656 | 3,144 | 3,695 | 4,550 | 5,024 | 7,332 | 9,158 | 10,576 | 11,422 | 13,168 | 15,948 | 17,115 |
Tax % | 30% | 30% | 30% | 32% | 33% | 32% | 32% | 33% | 33% | 25% | 25% | 25% | |
Net Profit | 1,567 | 1,832 | 2,188 | 2,465 | 3,045 | 3,459 | 4,940 | 6,201 | 7,204 | 8,593 | 9,990 | 12,089 | 13,039 |
EPS in Rs | 10.63 | 12.37 | 14.66 | 16.00 | 19.72 | 18.86 | 26.84 | 32.54 | 37.74 | 44.92 | 50.41 | 60.91 | 65.71 |
Dividend Payout % | 2% | 2% | 2% | 2% | 2% | 3% | 2% | 2% | 2% | 0% | 2% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 9% |
3 Years: | 4% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 20% |
3 Years: | 19% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 13% |
3 Years: | 6% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 10,595 | 12,531 | 14,876 | 18,691 | 21,767 | 32,443 | 37,570 | 49,533 | 56,825 | 65,678 | 83,346 | 95,642 |
49,386 | 65,655 | 85,561 | 85,937 | 104,258 | 179,679 | 205,230 | 249,840 | 291,263 | 325,977 | 326,610 | 365,235 | |
13,308 | 13,766 | 15,024 | 17,184 | 22,052 | 27,764 | 32,467 | 37,395 | 46,128 | 50,562 | 67,907 | 84,629 | |
Total Liabilities | 73,657 | 92,323 | 115,835 | 122,197 | 148,464 | 240,804 | 276,188 | 337,720 | 395,171 | 443,173 | 478,854 | 546,498 |
600 | 615 | 620 | 1,264 | 1,385 | 1,761 | 1,759 | 2,543 | 2,697 | 2,675 | 2,554 | 2,723 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 26,049 | 31,658 | 40,907 | 38,791 | 45,589 | 70,274 | 68,462 | 90,977 | 103,487 | 111,197 | 156,946 | 164,529 |
47,008 | 60,049 | 74,308 | 82,142 | 101,490 | 168,769 | 205,967 | 244,201 | 288,987 | 329,301 | 319,355 | 379,245 | |
Total Assets | 73,657 | 92,323 | 115,835 | 122,197 | 148,464 | 240,804 | 276,188 | 337,720 | 395,171 | 443,173 | 478,854 | 546,498 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1,739 | -1,192 | 2,878 | 9,068 | 2,302 | 5,025 | 13,222 | -10,392 | 1,822 | 46,619 | 4,881 | 8,418 | |
-189 | -5,456 | -9,035 | -1,130 | -4,467 | -2,353 | -5,289 | -5,475 | -3,323 | -13,068 | -11,172 | -11,018 | |
2,415 | 7,229 | 7,099 | -5,814 | 2,426 | 2,024 | 6,055 | 14,679 | 8,365 | -735 | -10,072 | 7,549 | |
Net Cash Flow | 487 | 582 | 942 | 2,125 | 260 | 4,696 | 13,989 | -1,188 | 6,864 | 32,815 | -16,363 | 4,949 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 % | 17% | 15% | 16% | 14% | 15% | 12% | 14% | 14% | 13% | 14% | 13% | 13% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 4 Aug
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
3 Aug - ESOP Allotment Committee of the Bank, at its Meeting held today, allotted 2,07,312 Equity Shares of Rs. 5/- each, pursuant to the exercise of equivalent …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1 Aug
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Jul - Clippings of advertisement in Newspapers- Notice published with respect to the dispatch of the Notice of Thirty-Seventh Annual General Meeting dated July 23, 2022 and …
- Reg. 34 (1) Annual Report. 27 Jul
Annual reports
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Financial Year 2022
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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
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Jul 2022TranscriptPPT
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Ratios (Q4FY21)
Capital Adequacy Ratio - 23.4%
Net Interest Margin - 4.45%[1]
Gross NPA - 3.25%
Net NPA - 1.21%[2]
CASA Ratio - 60.4%[3]