Kotak Mahindra Bank Ltd.
Snapshot View

1907.50 +26.65 ▲1.4%

25 May 2022, 04:01:00 PM
Volume: 131,437

Overview View Details

Sector Banking Compare with Sector peers
Industry Bank - Private Compare with Industry peers
Website http://www.kotak.com
Market Cap 378,666.67 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 60.90 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 31.32 Trailing Twelve Months Ending 2022-03
Industry PE 20.47 Trailing Twelve Months Ending 2022-03
Book Value / Share 486.79 Trailing Twelve Months Ending 2022-03
Price to Book Value 3.92 Calculated using Price: 1,907.50
Dividend Yield 0.06 Period Ending 2021-03
No. of Shares Subscribed 198.51 Cr. 1,985,146,362 Shares
FaceValue 5
Company Profile

Established in 1985, the Kotak Mahindra group has been one of India's most reputed financial conglomerates. In February 2003, Kotak Mahindra Finance Ltd, the group's flagship company was given the license to carry on banking business by the Reserve Bank of India (RBI). This approval created banking history since Kotak Mahindra Finance Ltd. is the first non-banking finance company in India to convert itself in to a bank as Kotak Mahindra Bank Ltd. Today, the bank is one of the fastest growing bank and among the most admired financial institutions in India.

Business area of the company:

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

Awards

2012-2013

  • Best Managed Board by Aon Hewitt-Mint Study 2012
  • Best Bank Award in New Private Sector Bank category by Financial Express
  • Uday Kotak, Executive Vice President and Managing Director received the Special Award for his contribution in the growth of India's equity markets at India's Best Market Analyst Awards 2012 by Zee Business
  • New Indian Express Group conferred Uday Kotak with the Runner-up award for Best Banker -Growth and Expansion at The Sunday Standard FINWIZ 2012 Best Bankers' Awards
  • Among Forbes Asia's 'FAB 50' list in 2012 for the 3rd consecutive year
  • Rated among the Top 25 Best Employers in India for three consecutive studies conducted since 2007 by Aon Hewit
  • Recognised among the Top 10 Companies for Leaders to Work, in Asia Pacific, in a study conducted by RBL Group, Aon Hewitt and Fortune in 2011
  • CFONEXT 100 Awards recognised the following among top 100 professionals to stand out as CFOs in the years to come:
  • R. Krishnan, Kotak Mahindra Asset Management Company

2013-2014

  • Uday Kotak - Ernst & Young Entrepreneur of The Year India Award
  • Best Medium Sized Bank of the Year Award by Businessworld
  • Best Bank - Emerging Banks by Outlook Money
  • Ranked among top 5 Best Ranked Companies for Corporate Governance Practices in IR Global Ranking
  • NSDL (National Securities Depository Limited) award in Best Performer in Account Growth Rate Category 2013, for Demat Accounts
  • Kotak Junior ad film adjudged Best Banking Ad Worldwide 2013, by Bank Innovation - a leading global blog on banking
  • EMC Transformers Award 2013 for Innovative implementation of storage technologies in the Bank
  • Green IT Enterprise Award 2013 by CIO Forum and Schneider Electric for various power saving techniques implemented in Data Center. Kotak Mahindra Bank was amongst the Top 10 in the 'Top 10 Large Enterprises' category

2014-2015

  • Best Prepaid Card Programme' at Financial Inclusion & Payments System (FIPS) 2014 for Kotak Samruddhi
  • 9th most valuable brand in India in the BrandZ's 50 most valuable Indian brands ranking
  • Best Local Cash Management Bank in India (6th year in a row) in the Asiamoney Cash Management Poll 2014 (For small and medium enterprises)
  • Excellence in Security under 'Security in Bank' category at the Data Security Council of India Excellence Awards 2014
  • Amit Jain (KMBL), Gaurav Sarayan (KMBL) and Prateek Diwan (KMCC) - Among the top 37 talented people in The Economic Times Young Leaders List, selected from across some 20000 executives

2015-2016

  • Bullion Bank of the Year at the 4th India Bullion and Jewellery Awards 2016 by India Bullion and Jewellers Association (IBJA)
  • BFSI Digital Innovators Award in the Digital Pioneer category for Kotak Bharat App by Financial Express
  • Bombay Stock Exchange (BSE) recognised Kotak Mahindra Bank on the occasion of Muhurat Trading as one of the top 3 Performers in Primary Market Segment (Debt Public Issue Bids - Banks) (FY 15-16)
  • Best Local Cash Management Bank in India in the mid-cap space at Asiamoney Cash Management Poll 2016
  • Runner-up in the New Private Sector Bank 2014-15 category at FE Best Bank's Awards, awarded in 2017
  • Kotak Mahindra Bank's Annual Report for FY2015-16 announced as Gold Competition Class Winner at LACP Vision Awards - Winter 2017 session in the Commercial Banks category

2016-2017

  • Kotak 811 and biometric account opening recognised with an award at IBA's Banking Technology Awards 2018
  • 811 recognised with the Bronze Award in the Mobile App category at the 2017 SMARTIESTM APAC Awards
  • 811 recognised as the Best Corporate Innovation Award at India Fintech Forum 2017
  • 811 named as winner at the 6th Edition of Banking Frontiers' Finnoviti Awards 2018
  • Kotak Mahindra Bank's Annual Report for FY 2016-17 emerged as winner in Category II – Private Sector Banks by the Institution of Chartered Accountants of Indian (ICAI) at ICAI Awards for Excellence in Financial Reporting 2016-17
  • NetApp Innovation Award 2018 in the Enterprise Mobility Category

2019-2020

  • Kotak Mahindra Bank recognised as Best Domestic Bank at the AsiaMoney Best Bank Awards 2019: India
  • The Tata Mumbai Marathon 2019 Philanthropy Awards Nite recognised:
  • Kotak Mahindra Bank as the Highest Fund Raising Corporate  
  • KVS Manian, President -Corporate, Institutional and Investment Banking as the TMM Legend
  • Shanti Ekambaram, President - Consumer Banking as the Change Icon
  • Manish Kothari, Senior Executive Vice President & Business Head - Corporate Banking as the Change Champion.

Milestones

  • 1985: Kotak Mahindra Finance commences bill discounting business.
  • 1987: Entry into hire and purchase business.
  • 1990: Launch of auto finance division for financing passenger cars.
  • 1991: Investment banking division established.
  • 1995: Launch of KMCC, a joint venture with Goldman Sachs Group for investment banking.
  • 1996: Launch of Kotak Mahindra Primus Ltd. (now Kotak Mahindra Prime Ltd.), a joint venture with Ford Credit.
  • 1998: India’s first gilt fund launched through Kotak Mahindra Asset Management Company (KMAMC).
  • 2001: Launch of Kotak Mahindra old Mutual Life Insurance Ltd. in partnership with old Mutual PLC.
  • 2003: KMFL becomes India’s first non-banking finance company to be converted into a commercial bank.
  • 2004: Kotak Mahindra Group enters alternate asset business with the launch of a private equity fund.
  • 2005: The Kotak Mahindra Group realigns its joint venture with Ford Credit International (FCI). Under the realignment, the group gains complete ownership of Kotak Mahindra Prime (KMP) by acquiring the 40% stake previously held by FCI. At the same time, the group also sells its stake in Ford Credit Kotak Mahindra Ltd. (FCKM) to FCI, thereby giving Ford 100% ownership of the company.
  • 2006: Kotak Mahindra Group buys out Goldman Sach’s equity stack in KMCC and Kotak Securities Ltd.
  • 2008: Opening of bank’s representative office in Dubai.
  • 2009: Launch of pension fund under India's National Pension System (NPS).
  • 2014: Innovative solutions such as Jifi and KayPay launched for digital and social media.
  • 2014: Acquisition of 15% equity stake in Multi Commodity Exchange of India Ltd. (MCX).
  • 2015: RBI approves merger of ING Vysya Bank with Kotak Mahindra Bank effective from April 01, 2015.
  • 2015: Kotak Mahindra General Insurance receives IRDA Approval to commence insurance business.
  • 2016: Acquisition of 10,00,000 equity shares of institutional investor Advisory Services India Ltd.
  • 2016: Acquisition of 9,83,82,022 (19.90%) equity shares of Airtel M Commerce Services Ltd. Co.(AMSL).
  • 2017: Kotak Mahindra Bank acquires BSS Microfinance Private Ltd.
  • 2018: Buyout of 26% old Mutual plc UK (OM) stack in Kotak Mahindra Old Mutual Life Insurance Ltd.
  • 2018: Launch of Kotak Mahindra Debt Fund Ltd.
  • 2019: Kotak Mahindra Bank inks pact with TollPlus.
  • 2019: Kotak Mahindra Bank launches first international branch in Dubai.
  • 2019: InstantPay, one of India's largest inclusive and neo banking platform, has entered into a strategic partnership with Kotak Mahindra Bank’s subsidiary -- Kotak Mahindra Life Insurance Company.
  • 2019: Pine Labs partners with Kotak Mahindra Bank to enable EMIs on Kotak debit cards.
  • 2020: Kotak Mahindra Bank launches ‘ATM on Wheels’ facility in Mumbai.
  • 2020: Kotak Mahindra Bank launches 'ATM on Wheels' facility in Delhi-NCR region.
  • 2020: Kotak Mahindra Bank launches video-based KYC to open account remotely
  • 2020: Kotak Mahindra Bank collaborates with Innoviti Payment Solutions.
  • 2020: Kotak Mahindra Bank launches Cardless Cash Withdrawal Facility through ATMs.
  • 2020: Kotak Mahindra Bank launches Kotak Digi Home Loans.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.42%
1 Week
+3.31%
1 Month
+10.25%
3 Month
+2.65%
6 Month
-6.27%
1 Year
+8.98%
2 Year
+64.40%
5 Year
+99.29%
10 Year
+601.21%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 15.66 14.63 14.87 12.36 13.78 13.82 13.15 13.84 13.12
Return on Assets (%) 2.12 2.11 2.26 1.76 1.91 2.00 1.94 2.05 2.15
Net Interest Margin 4.31 4.84 4.50 4.09 4.16 3.94 3.87 4.13 4.35
Interest Spread (%) 9.32 9.37 8.35 7.90 7.78 7.21 7.04 8.52 9.04
Yield on Advances (%) 16.36 16.72 15.03 14.09 13.36 12.20 12.25 13.40 13.01

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 15,267 19,085 22,156 33,364 38,493 50,488 58,282 67,137 84,839 97,165
Minority Int. 209 271 336 396 474
Deposits 49,389 56,930 72,843 135,949 155,540 191,236 224,824 260,400 278,871 310,087
Borrowings 36,172 29,007 31,415 43,730 49,690 58,604 66,439 65,577 47,739 55,148
Other Liab. 14,798 16,944 21,825 27,365 31,991 37,392 45,626 50,059 67,424 84,097
Total Liab. 115,835 122,237 148,576 240,804 276,188 337,720 395,171 443,173 478,873 546,498
Fixed Assets 620 1,264 1,385 1,761 1,755 1,750 1,884 1,861 1,740 2,723
Investments 40,907 38,791 45,589 70,274 68,462 90,977 103,487 111,197 156,946 164,529
Advances 66,258 71,693 88,632 144,793 167,125 205,997 243,462 249,879 252,188 304,474
Cash & Bank 4,518 6,643 6,903 11,599 25,589 24,401 31,264 64,080 47,717 52,665
Other Assets 3,532 3,846 6,066 12,376 13,257 14,596 15,074 16,156 20,282 22,106
Total Assets 115,835 122,237 148,576 240,804 276,188 337,720 395,171 443,173 478,873 546,498

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Interest Earned 10,838 11,986 13,319 20,402 22,324 25,131 29,831 33,474 32,820 33,733
Other Income 5,112 5,282 8,152 7,631 11,660 13,682 16,148 16,892 23,995 25,379
Total Income 15,950 17,268 21,471 28,032 33,984 38,813 45,979 50,366 56,815 59,112
Operating Exp. -6,598 -6,952 -9,749 -10,894 -14,245 -16,163 -19,171 -20,485 -27,420 -30,610
Provisions -183 -309 -206 -992 -949 -1,025 -1,045 -2,558 -3,260 -1,000
PBIT 9,169 10,008 11,516 16,147 18,789 21,625 25,762 27,322 26,135 27,502
Interest -6,024 -6,312 -6,966 -11,123 -11,458 -12,467 -15,187 -15,901 -12,967 -11,553
Tax -940 -1,184 -1,485 -1,593 -2,383 -3,011 -3,456 -2,815 -3,265 -4,016
PAT 2,204 2,512 3,065 3,431 4,949 6,147 7,120 8,607 9,903 11,932
Minority Interest -49 -62 -60 -65 -79 -57
Share Associate 34 16 40 93 70 111 84 -14 87 158
Other Related Items
Consolidated Net Profit 2,188 2,465 3,045 3,459 4,940 6,201 7,204 8,593 9,990 12,089
Adjusted EPS 15 16 20 19 27 33 38 45 50 61

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -1,192 2,878 9,068 2,302 5,025 13,223 -10,392 1,822 46,619 4,881
Cash Fr. Inv. -5,456 -9,035 -1,130 -4,467 -8,662 -5,268 -5,608 -3,383 -13,199 -11,116
Cash Fr. Finan. 7,229 7,099 -5,814 2,426 2,024 6,055 14,679 8,365 -735 -10,072
Net Change 582 942 2,125 260 -1,613 14,010 -1,321 6,804 32,685 -16,307
Cash & Cash Eqvt 3,576 4,518 6,643 6,903 11,599 25,589 24,401 31,264 64,080 47,717

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 29.92 26.07 26.05 26.03 26.02 26.00 26.00 25.99 25.98
Public 70.08 73.93 73.95 73.97 73.98 74.00 74.00 74.01 74.02
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 25 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please note that the representative(s) of Kotak Mahindra Bank Limited will be meeting investors/analysts in Mumbai on May 26 2022 for an event -Kotak 811 Unveiled which will be held through a hybrid mode including speaking through an audio/video conference call.
Tue, 24 May 2022
Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Kotak Mahindra Bank Ltd has informed BSE regarding the details of Voting results of Postal Ballot under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here
Mon, 23 May 2022
Intimation Of The Results Of Postal Ballot
This has reference to our letter dated April 19 2022 enclosing the Postal Ballot Notice dated April 18 2022 along with the Explanatory Statement dispatched for seeking the approval of the Members of Kotak Mahindra Bank Limited (Bank) to transact the Special Business of Appointment of Mr. Amit Desai (DIN: 00310510) as a Director of the Bank through Postal ballot:

Technical Scans View Details

Wed, 25 May 2022
Closing Above Previous High Closing Above Previous High
Closing Above Previous High For 3 Days Closing Above Previous High For 3 Days
Making Higher Highs for 3 days Making Higher Highs for 3 days
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
High Increase 1 Month High Increase 1 Month

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