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.(Source : 202003 Annual Report Page No:57)
- Market Cap ₹ 373,312 Cr.
- Current Price ₹ 1,887
- High / Low ₹ 2,027 / 1,000
- Stock P/E 37.6
- Book Value ₹ 339
- Dividend Yield 0.00 %
- ROCE 7.35 %
- ROE 13.7 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 22.60% CAGR over last 5 years
Cons
- Stock is trading at 5.57 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 13.61% for last 3 years.
- Contingent liabilities of Rs.227745.85 Cr.
- Earnings include an other income of Rs.16101.87 Cr.
- Promoter holding has decreased over last 3 years: -4.02%
Peer comparison
Sector: Banks Industry: Banks - Private Sector
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 6,391 | 6,732 | 6,903 | 7,285 | 7,719 | 7,952 | 8,289 | 8,419 | 8,332 | 8,434 | 8,422 | 8,337 |
Interest | 3,205 | 3,344 | 3,499 | 3,773 | 3,941 | 3,975 | 4,155 | 4,054 | 3,890 | 3,801 | 3,628 | 3,286 |
4,391 | 4,860 | 3,980 | 4,351 | 4,571 | 6,740 | 4,943 | 5,426 | 6,651 | 3,578 | 6,260 | 6,391 | |
Financing Profit | -1,205 | -1,471 | -575 | -838 | -793 | -2,763 | -809 | -1,062 | -2,209 | 1,055 | -1,466 | -1,340 |
Financing Margin % | -19% | -22% | -8% | -12% | -10% | -35% | -10% | -13% | -27% | 13% | -17% | -16% |
Other Income | 3,714 | 4,142 | 3,000 | 3,504 | 3,629 | 5,871 | 3,840 | 4,124 | 5,210 | 1,736 | 3,901 | 5,254 |
Depreciation | 95 | 100 | 109 | 116 | 116 | 118 | 119 | 118 | 112 | 117 | 0 | 0 |
Profit before tax | 2,414 | 2,570 | 2,316 | 2,550 | 2,719 | 2,991 | 2,913 | 2,945 | 2,889 | 2,674 | 2,435 | 3,914 |
Tax % | 33% | 33% | 33% | 33% | 33% | 32% | 34% | 19% | 19% | 27% | 24% | 25% |
Net Profit | 1,624 | 1,789 | 1,574 | 1,747 | 1,844 | 2,038 | 1,932 | 2,407 | 2,349 | 1,905 | 1,853 | 2,947 |
EPS in Rs | 8.53 | 9.39 | 8.26 | 9.16 | 9.67 | 10.68 | 10.12 | 12.60 | 12.29 | 9.96 | 9.36 | 14.89 |
Gross NPA % | 2.01% | 1.95% | 1.93% | 1.91% | 1.89% | 1.94% | 2.02% | 2.17% | 2.33% | 2.16% | 2.67% | 2.55% |
Net NPA % | 0.94% | 0.86% | 0.77% | 0.73% | 0.67% | 0.70% | 0.71% | 0.82% | 0.87% | 0.70% | 0.89% | 0.70% |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4,367 | 4,601 | 5,973 | 8,470 | 10,838 | 11,986 | 13,319 | 20,402 | 22,324 | 25,131 | 29,831 | 33,474 | 33,525 |
Interest | 1,992 | 1,773 | 2,668 | 4,542 | 6,024 | 6,312 | 6,966 | 11,123 | 11,458 | 12,467 | 15,187 | 15,901 | 14,605 |
4,893 | 6,230 | 5,995 | 5,651 | 6,603 | 7,053 | 9,718 | 11,541 | 14,832 | 16,805 | 19,758 | 22,578 | 22,879 | |
Financing Profit | -2,519 | -3,402 | -2,690 | -1,722 | -1,789 | -1,379 | -3,366 | -2,263 | -3,965 | -4,141 | -5,114 | -5,005 | -3,959 |
Financing Margin % | -58% | -74% | -45% | -20% | -17% | -12% | -25% | -11% | -18% | -16% | -17% | -15% | -12% |
Other Income | 3,661 | 5,448 | 5,090 | 4,543 | 5,112 | 5,282 | 8,152 | 7,631 | 11,660 | 13,682 | 16,148 | 16,892 | 16,102 |
Depreciation | 126 | 143 | 152 | 164 | 179 | 208 | 237 | 345 | 362 | 383 | 458 | 465 | 229 |
Profit before tax | 1,016 | 1,903 | 2,247 | 2,656 | 3,144 | 3,695 | 4,550 | 5,024 | 7,332 | 9,158 | 10,576 | 11,422 | 11,914 |
Tax % | 36% | 30% | 30% | 30% | 30% | 32% | 33% | 32% | 32% | 33% | 33% | 25% | |
Net Profit | 652 | 1,307 | 1,567 | 1,832 | 2,188 | 2,465 | 3,045 | 3,459 | 4,940 | 6,201 | 7,204 | 8,593 | 9,053 |
EPS in Rs | 4.72 | 9.39 | 10.63 | 12.37 | 14.66 | 16.00 | 19.72 | 18.86 | 26.84 | 32.54 | 37.74 | 44.92 | 46.50 |
Dividend Payout % | 4% | 2% | 2% | 2% | 2% | 2% | 2% | 3% | 2% | 2% | 2% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 22% |
5 Years: | 20% |
3 Years: | 14% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 23% |
3 Years: | 20% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 23% |
3 Years: | 21% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
346 | 348 | 368 | 370 | 373 | 385 | 386 | 917 | 920 | 953 | 1,454 | 1,457 | |
Reserves | 6,177 | 7,563 | 10,595 | 12,531 | 14,876 | 18,691 | 21,767 | 32,443 | 37,570 | 49,533 | 56,825 | 65,678 |
Borrowings | 25,801 | 35,705 | 49,386 | 65,655 | 85,561 | 85,937 | 104,258 | 179,679 | 205,230 | 249,840 | 291,263 | 325,977 |
7,896 | 11,480 | 13,308 | 13,766 | 15,024 | 17,184 | 22,052 | 27,764 | 32,467 | 37,395 | 46,128 | 50,562 | |
Total Liabilities | 40,219 | 55,096 | 73,657 | 92,323 | 115,835 | 122,197 | 148,464 | 240,804 | 276,188 | 337,720 | 395,171 | 443,173 |
342 | 614 | 600 | 615 | 620 | 1,264 | 1,385 | 1,761 | 1,759 | 2,543 | 2,697 | 2,675 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 13,313 | 19,485 | 26,049 | 31,658 | 40,907 | 38,791 | 45,589 | 70,274 | 68,462 | 90,977 | 103,487 | 111,197 |
26,565 | 34,997 | 47,008 | 60,049 | 74,308 | 82,142 | 101,490 | 168,769 | 205,967 | 244,201 | 288,987 | 329,301 | |
Total Assets | 40,219 | 55,096 | 73,657 | 92,323 | 115,835 | 122,197 | 148,464 | 240,804 | 276,188 | 337,720 | 395,171 | 443,173 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-114 | 1,569 | -1,739 | -1,192 | 2,878 | 9,068 | 2,302 | 5,025 | 13,222 | -10,392 | 1,822 | 46,619 | |
-172 | -406 | -189 | -5,456 | -9,035 | -1,130 | -4,467 | -2,353 | -5,289 | -5,475 | -3,323 | -13,068 | |
-1,554 | -94 | 2,415 | 7,229 | 7,099 | -5,814 | 2,426 | 2,024 | 6,055 | 14,679 | 8,365 | -735 | |
Net Cash Flow | -1,840 | 1,069 | 487 | 582 | 942 | 2,125 | 260 | 4,696 | 13,989 | -1,188 | 6,864 | 32,815 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 11% | 18% | 17% | 16% | 16% | 15% | 15% | 13% | 14% | 14% | 13% | 14% |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2h
- Shareholding for the Period Ended December 31, 2020 4h
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
- Board Meeting Intimation for Unaudited Standalone And Unaudited Consolidated Financial Results Of The Bank For The Quarter And Nine Months Ended December 31, 2020. 15 Jan
- Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations, 2015 8 Jan
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse