1. Kotak Mahindra Bank
stock logo

44% Buy

Kotak Mahindra Bank Share Price

KOTAKBANK

₹1,775.65+₹9.40 (0.53%) TodayLast updated on 21 Jun, 2024 | 03:56 PM IST
₹1,745.30₹1,789.00
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • F&O (Option chain)

  • More

Company overview

Financial performance

arrow

Market cap

Market Cap Switch₹3,41,371 Crs

Open

₹1,770.00

Close

₹1,766.25

Circuit range

₹1,953.20 - ₹1,598.10

Day range

₹1,745.30 - ₹1,789.00

Year range

₹1,543.85 - ₹1,987.75

Volume

1,90,31,689

Avg. traded

₹1,772.78

Revenue (12m)

₹56,237 Crs

Kotak Mahindra Bank

Kotak Mahindra Bank Limited is a leading financial institution providing a comprehensive range of banking and financial services. Catering to both corporate and retail customers, the bank extends operations across personal finance, investment banking, life insurance and wealth management.

Kotak Mahindra Finance Limited, the flagship company of the Kotak Group, obtained a banking licence from the Reserve Bank of India in February 2003. This led to the foundation of Kotak Mahindra Bank Limited, the first non-banking finance company in India to do so. On April 1, 2015, ING Vysya Bank Limited merged with Kotak Mahindra Bank.

Kotak Mahindra Bank Limited was listed on the stock exchanges in the year 1992. Kotak Mahindra Bank Limited is listed on the National Stock Exchange and the BSE.

It has a market capitalisation of over ₹362,000 crore as of January 31, 2024. Kotak Mahindra Bank share price has grown by over 6% in the previous three years.

Business operations

The headquarters of Kotak Mahindra Bank is located in Mumbai. It has set up 1,780 bank branches, 2,963 ATMs and 15,572 micro ATM installations. Kotak Mahindra Bank operates across 834 pan-India locations and has over 4,417 group branch networks in India. It has also set up an international banking unit in Gujarat International Finance Tec-City (GIFT City) in Ahmedabad, a bank branch in the Dubai International Financial Centre (DIFC) and operates through its offices in New York, London, Mauritius, Dubai, Singapore and Abu Dhabi.

Kotak Mahindra Bank provides a bouquet of products and services under its consumer banking segment such as deposits, lending solutions and transaction services like priority banking, working capital to SME segment and FASTags for retail customers.

One of the bank’s flagship services is called the Privy League programme. It caters to high-net-worth customers, providing features and benefits such as power-packed cards, lifestyle perks and preferential pricing. The bank is also one of the few lending institutions that have authorisation to open salary accounts for personnel of the Indian Army, Indian Coast Guard, and civilian employees of the Indian Navy.

Kotak Mahindra Bank has an Asset Reconstruction Division that provides vital financing required to revive stressed companies.

The bank has many subsidiaries which cater to millions of customers. One of them is Kotak Securities which operates as one of the largest broking houses in India with a wide geographical reach. Its services include stock broking and the distribution of various financial products, including private and secondary placement of debt, equity and mutual funds.

Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) is a 100% subsidiary of Kotak Mahindra Bank. Within India, Kotak General Insurance offers services in the non-life insurance segment. Its other popular subsidiaries are Kotak Mahindra Prime Limited, Kotak International Business, Kotak Mahindra Asset Management Company and others.

Financial highlights

– Total income increased to ₹68,142 crores in FY23 from ₹58,681.7 crore in FY22. – The net profit for FY23 stood at ₹14,780 crore as compared to ₹11,932 crore in FY22. – Net interest margin increased in FY23 to 5.4% from 4.7% in FY22. – Net NPA stood at ₹1,479 crores in FY23 compared to ₹2,149 in FY22. – The company's earnings per share (EPS) stood at ₹74.96 in FY23 compared to ₹60.76 in the previous financial year.

Kotak Mahindra Bank Key indicators

arrow

52 week high

₹1,987.75

52 week low

₹1,543.85

P/E ratio

18.78

P/B ratio

2.63

ROE

14.12%

ROCE

14.89%

Dividend yield

0.11%

Debt/Equity ratio

0.28

EPS

54.86

Learn more

Investment checklist: (2/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

44%

Hold

44%

Sell

12%

This analysis is based on the reviews of 34 experts in the last 7 days

Brands by Kotak Mahindra Bank

arrow
brand logo

Kotak Mahindra AMC

brand logo

Kotak Mahindra General Insurance

brand logo

Kotak Mahindra Investments

brand logo

Kotak Mahindra Life Insurance

brand logo

Kotak Mahindra Prime

brand logo

Kotak Securities

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Net Interest Margin (NIM)

4.55%

ROA

2.38%

Credit Deposit

88.09%

ROE

14.12%

Net profit margin

31.94%

EPS

54.86

Learn more

Kotak Mahindra Bank Shareholder returns

arrow

1 day

+0.53%

1 week

+2.86%

1 month

+4.56%

3 months

+0.20%

1 year

-3.79%

3 years

+0.20%

5 years

+19.19%

Kotak Mahindra Bank Share Price history

arrow
DayOpenCloseDay’s change
Fri, Jun 21 2024
₹1,770.00
₹1,775.65
+0.53%
Thu, Jun 20 2024
₹1,765.00
₹1,766.25
+1.12%
Wed, Jun 19 2024
₹1,729.00
₹1,746.70
+1.59%
Tue, Jun 18 2024
₹1,718.60
₹1,719.40
+0.13%
Fri, Jun 14 2024
₹1,723.00
₹1,717.20
-0.53%
Thu, Jun 13 2024
₹1,731.40
₹1,726.35
+0.62%
Wed, Jun 12 2024
₹1,720.10
₹1,715.75
-0.25%
Tue, Jun 11 2024
₹1,746.60
₹1,720.00
-1.47%

Shareholding info

arrow

Promoters (25.9%)

Mutual Funds (12.82%)

Retail and other (13.11%)

Foreign institutions-FII (35.94%)

Other domestic institutions (12.23%)

Foreign institutions-FII

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹1.5/share

    Ex date 04 Aug 2023

    expand tab
  • Dividend • ₹1.1/share

    Ex date 11 Aug 2022

    expand tab
  • Dividend • ₹2/share

    Ex date

    expand tab

Learn more

Frequently asked questions