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Fundamentals scanner

Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.

Kotak Mahindra Bank

Financial ServicesBullish
Market cap
₹3,89,056 Cr
P/E
19.2x
ROE
Debt / equity

What the company does

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.

Industry: Banks - RegionalEmployees: 1,12,000Beta: 0.28

Valuation — what you are paying

How the price compares to earnings, assets and cash generation.

  • P/E (trailing)19.2xStrong

    You are paying 19.2 years of current profit for each share. The earnings yield is 5.2%.

  • P/B (price to book)2.1xStrong

    The market values the company at 2.1× its accounting net worth. High is normal for asset-light businesses and unusual for banks.

  • EV / EBITDANo data

    Not available.

  • Dividend yield0.17%Weak

    Pays 0.17% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.

Profitability — is this a good business?

Returns on capital and margins, the numerical shadow of a moat.

  • Return on equityNo data

    Not available.

  • Return on assetsNo data

    Not available.

  • Operating margin34.8%Strong

    Keeps ₹34.8 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.

  • Net margin28.5%Strong

    Sustained high net margins are evidence that something is stopping competitors from competing the profits away.

Financial strength — can it survive a bad year?

Leverage and liquidity. This is where fragility shows up first.

  • Debt to equityNo data

    Not available.

  • Current ratioNo data

    Not available.

  • Total debt₹1,11,529 CrNo data

    Against cash of ₹72932.22 Cr. Net debt is what matters, not gross borrowings.

  • Free cash flowNo data

    Not available.

Growth — is it getting bigger?

Revenue and earnings momentum, and how the two compare.

  • Revenue growth (yoy)+21.0%Strong

    Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.

  • Earnings growth (yoy)+22.5%Strong

    Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.

  • Revenue (TTM)₹71296.29 CrNo data

    EBITDA of — and operating cash flow of —.

  • PEG ratio0.94Strong

    P/E divided by expected growth. Only as reliable as that growth forecast, which is usually optimistic.

Financial statements

Reported figures, most recent year first. All values in rupees.

FY2026FY2025FY2024FY2023
Revenue₹41633.36 Cr₹74801.55 Cr₹71706.67 Cr₹53569.89 Cr
Cost of revenue₹0.00₹0.00₹0.00₹0.00
Gross profit₹0.00₹0.00₹0.00₹0.00
Operating expenses₹0.00₹0.00₹0.00₹0.00
Operating income
Interest expense
Pre-tax income
Tax₹0.00₹0.00₹0.00₹0.00
Net profit₹19287.89 Cr₹22125.99 Cr₹18213.21 Cr₹14925.01 Cr
Sourced from the provider’s filing data. Always verify against the company’s own annual report before acting on anything.
How to read this page. The grades are simple heuristics applied to standard thresholds — they take no account of industry norms, business cycle position, or accounting policy. A bank will always look over-leveraged by these rules, and a cyclical will look cheap at the top of its cycle. Use them as prompts to investigate, never as conclusions.