KOTAKBANK

Kotak Mahindra Bank Share Price Kotak Mahindra Bank

₹1,750.5
12.6 (0.73%)
19 March, 2024 12:42 BSE: 500247 NSE: KOTAKBANKISIN: INE237A01028

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Kotak Mahindra Bank Performance

Day Range

  • Low 1,731
  • High 1,757
₹ 1,750

52 Week Range

  • Low 1,667
  • High 2,064
₹ 1,750
  • Open Price1,735
  • Previous Close1,738
  • Volume1528940

Kotak Mahindra Bank Share Price

  • Over 1 Month 0.67%
  • Over 3 Month -5.42%
  • Over 6 Month -2.86%
  • Over 1 Year 3.18%

Kotak Mahindra Bank Key Statistics

P/E Ratio 20
PEG Ratio 0.9
Market Cap Cr 347,986
Price to Book Ratio 3.1
EPS 54.8
Dividend 0.1
Relative Strength Index 49.25
Money Flow Index 38.5
MACD Signal -11.54
Average True Range 32.8
Kotak Mahindra Bank Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 11,79911,19310,5009,821
Operating Expenses Qtr Cr 4,2844,0013,9673,641
Operating Profit Qtr Cr 4,5664,6104,9504,647
Depreciation Qtr Cr 0000
Interest Qtr Cr 5,2464,8964,2663,718
Tax Qtr Cr 9821,0531,1331,004
Net Profit Qtr Cr 3,0053,1913,4523,496
IndicatorMar 2023
Total Revenue Annual Cr 41,334
Operating Expenses Annual Cr 13,787
Operating Profit Annual in Cr 14,848
Depreciation Cr 462
Interest Annual Cr 12,699
Tax Annual Cr 3,452
Net Profit Annual Cr 10,939
IndicatorMar 2023
Cash from Operating Activity Annual Cr -8,369
Cash from Investing Activity Annual Cr 491
Cash from Financing Annual Activity Cr -2,542
Net Cash Flow Annual Cr -10,420
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 83,520
Fixed Assets Annual Cr 1,920
Total Non Current Assets Annual Cr 0
Total Current Assets Annual Cr 366,538
Total Assets Annual Cr 489,862
IndicatorMar 2023
Book Value Per Share Annual Rs 418
ROE Annual % 13
ROCE Annual % 6
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 0
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 14,49513,71712,86911,982
Operating Expenses Qtr Cr 11,8229,6819,89010,364
Operating Profit Qtr Cr 6,2766,3436,0006,137
Depreciation Qtr Cr 0000
Interest Qtr Cr 5,9855,5364,8344,230
Tax Qtr Cr 1,4111,4651,4771,459
Net Profit Qtr Cr 4,2654,4614,1504,566
IndicatorMar 2023
Total Revenue Annual Cr 68,142
Operating Expenses Annual Cr 33,645
Operating Profit Annual in Cr 20,086
Depreciation Cr 599
Interest Annual Cr 14,411
Tax Annual Cr 4,866
Net Profit Annual Cr 14,925
IndicatorMar 2023
Cash from Operating Activity Annual Cr -1,242
Cash from Investing Activity Annual Cr -10,550
Cash from Financing Annual Activity Cr 1,883
Net Cash Flow Annual Cr -9,910
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 112,314
Fixed Assets Annual Cr 3,075
Total Non Current Assets Annual Cr 0
Total Current Assets Annual Cr 422,017
Total Assets Annual Cr 620,430
IndicatorMar 2023
Book Value Per Share Annual Rs 563
ROE Annual % 13
ROCE Annual % 6
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 0

Kotak Mahindra Bank Technicals

EMA & SMA

Current Price
₹1,750.5
12.6 (0.73%)
pointer
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • ₹1,735.49
  • 50 Day
  • ₹1,756.76
  • 100 Day
  • ₹1,774.57
  • 200 Day
  • ₹1,791.42
  • 20 Day
  • ₹1,727.19
  • 50 Day
  • ₹1,764.43
  • 100 Day
  • ₹1,781.11
  • 200 Day
  • ₹1,799.95

Kotak Mahindra Bank Resistance and Support

PIVOT
₹1,732.69
Resistance
First Resistance 1,750.07
Second Resistance 1,762.23
Third Resistance 1,779.62
RSI 49.25
MFI 38.50
MACD Single Line -11.54
MACD -6.62
Support
First Resistance 1,720.52
Second Resistance 1,703.13
Third Resistance 1,690.97

Kotak Mahindra Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,645,099 127,176,360 48.08
Week 7,952,602 504,751,649 63.47
1 Month 5,659,267 366,777,116 64.81
6 Month 4,363,778 255,891,957 58.64

Kotak Mahindra Bank Result Highlights

Kotak Mahindra Bank Synopsis

NSE-Banks-Money Center

Kotak Mahindra Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 34250.85 Cr. and Equity Capital is Rs. 993.28 Cr. for the Year ended 31/03/2023. Kotak Mahindra Bank Ltd. is a Public Limited Listed company incorporated on 21/11/1985 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65110MH1985PLC038137 and registration number is 038137.
Market Cap 345,481
Sales 52,794
Shares in Float 147.11
No of funds 1355
Yield 0.09
Book Value 4.16
U/D Vol ratio 0.7
LTDebt / Equity 28
Alpha -0.1
Beta 0.87

Kotak Mahindra Bank

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters 25.91%25.93%25.94%25.95%
Mutual Funds 10.91%9.63%9.45%10.99%
Insurance Companies 8.61%8.58%8.43%8.6%
Foreign Portfolio Investors 39.74%40.97%41.54%39.42%
Financial Institutions/ Banks 0.13%0.1%0.06%0.09%
Individual Investors 8.62%8.67%8.25%8.81%
Others 6.08%6.12%6.33%6.14%

Kotak Mahindra Bank Management

Name Designation
Mr. Prakash Apte Non Exe.Chairman&Ind.Director
Mr. Uday Kotak Managing Director & CEO
Mr. Dipak Gupta Joint Managing Director
Mr. K V S Manian Whole Time Director
Mr. Amit Desai Non Executive Director
Mr. C Jayaram Non Executive Director
Mr. Uday Shankar Independent Director
Mr. Ashok Gulati Independent Director
Mr. Uday Chander Khanna Independent Director
Ms. Ashu Suyash Independent Director
Mr. C S Rajan Independent Director
Ms. Shanti Ekambaram Whole Time Director

Kotak Mahindra Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Kotak Mahindra Bank Corporate Action

Date Purpose Remarks
2024-01-20 Quarterly Results
2023-10-21 Quarterly Results
2023-07-22 Quarterly Results
2023-04-29 Audited Results & Final Dividend
2023-01-21 Quarterly Results & Others
Date Purpose Remarks
2023-08-04 FINAL Rs.1.50 per share(30%)Final Dividend
2022-08-12 FINAL Rs.1.10 per share(22%)Dividend
2021-08-12 FINAL Rs.0.90 per share(18%)Dividend
2021-03-19 FINAL Dividend on Preference Shares per share(18%)Dividend

About Kotak Mahindra Bank

The Kotak Mahindra Group, founded in 1985, is one of India's biggest financial services companies. The Reserve Bank of India granted the Group's main company, Kotak Mahindra Finance Ltd. (KMFL), a banking license in February 2003. With this, KMFL became India's first non-banking financing firm to be converted into a bank, Kotak Mahindra Bank Limited.

Indian banking and financial services company Kotak Mahindra Bank Limited is situated in Mumbai. It offers banking products and financial services to corporate and retail clients in the areas of personal finance, investment banking, life insurance, and wealth management. In terms of assets and market capitalization as of November 2021, it is the third-largest private sector bank in India. As of February 2021, the bank had 1600 branches and 2519 ATMs.

Uday Kotak established Kotak Capital Management Finance in 1985 as an investment and financial services firm with a loan of 30 lakh from family and friends. In 1986, Anand Mahindra and his father Harish Mahindra made a 1 lakh rupee investment in the business, which went on to become Kotak Mahindra Finance. The company's first activities included lease and hire-buy transactions as well as bill discounting.

In the 1990s, the company opened departments for investment banking and auto loans and increased its global reach. A 60:40 joint venture between Ford Credit International and Kotak Mahindra Loan resulted in the establishment of Kotak Mahindra Primus, an auto finance firm, in 1996. In order to create OM Kotak Mahindra Life Insurance Company, Kotak Mahindra Finance and Old Mutual entered into a 74:26 joint venture. (source)

The Reserve Bank of India issued a banking licence to Kotak Mahindra Finance in February 2003. It was the first non-banking finance organisation in India to be converted into a bank as a result. Later on, Kotak Mahindra Finance changed its name to Kotak Mahindra Bank. At the time, Uday Kotak held a 55 percent stake in the business, with Anand Mahindra holding the remaining 46 percent. (source)

Ford Credit's 40% stake in Kotak Mahindra Primus was acquired by Kotak Mahindra Bank in 2005, making it a wholly-owned subsidiary of the company. After Kotak Mahindra Bank transferred a 49 percent ownership of the business to its step-down subsidiary Kotak Securities, Kotak Mahindra Prime was later rebranded.

In 2015, ING Vysya Bank was purchased by Kotak Bank for Rs 15,000 crore ($2.34 billion). After the deal was completed, Kotak Mahindra Bank had 1,261 branches and about 40,000 employees. After the merger, Kotak Mahindra Bank was owned by ING Group, which also owned ING Vysya Bank. There is a Kotak Mahindra Bank ATM in Kolkata. Old Mutual acquired a 26 percent stake in Kotak Mahindra Old Mutual Life Insurance for 1,292 crores (US$198.4 million) in 2017, turning the life insurance company into a wholly-owned subsidiary. The bank acquired a 9.99 percent stake in Ferbine in 2021. Ferbine is a company supported by the Tata Group that will oversee a pan-Indian umbrella organisation for retail payment systems, similar to the National Payments Corporation of India.

Corporate Social Responsibility Information

●  Kotak Education Foundation (KEF)

The Kotak Education Foundation (KEF), founded in 2006, empowers young people from low-income households through various education-based projects and prepares them with employable skills so they can grow and live with dignity. It assists children and youth from Below Poverty Line (BPL) families in Mumbai, Thane, and Raigad.

●  Rural School Education Support

In the financial year 2013-14, the bank conducted community involvement activities in three villages of Nasik district to build educational infrastructure.
The three villages - Dixi, Shivare, and Kothure - are predominantly agrarian, with agriculture and related activities providing a living for more than 80% of the people.

●  Employee Volunteering:

The bank encourages employees to volunteer for charitable causes on corporate time. We also fund employees from all of our group firms to take part in Habitat for Humanity's 'Volunteer Build' homebuilding effort in rural and tribal areas. Employees help people build their homes as part of this effort, assisting them with bricklaying and painting.

●  Initiatives for the Environment

Kotak Mahindra, being one of the country's largest financial organizations, plays an important role in promoting environmental sustainability.

They encourage the use of environmentally friendly technology and processes through financing and investment decisions. They work hard to reduce their carbon footprint. They recommend that their customers use e-statements for their credit cards.

This saves paper while also allowing them to keep and retrieve statements electronically at their leisure.

Kotak Mahindra Bank FAQs

What is Share Price of Kotak Mahindra Bank ?

Kotak Mahindra Bank share price is ₹1,750 As on 19 March, 2024 | 12:28

What is the Market Cap of Kotak Mahindra Bank ?

The Market Cap of Kotak Mahindra Bank is ₹347985.6 Cr As on 19 March, 2024 | 12:28

What is the P/E ratio of Kotak Mahindra Bank ?

The P/E ratio of Kotak Mahindra Bank is 20 As on 19 March, 2024 | 12:28

What is the PB ratio of Kotak Mahindra Bank ?

The PB ratio of Kotak Mahindra Bank is 3.1 As on 19 March, 2024 | 12:28

How to buy Kotak Mahindra Bank shares?

You can easily buy the shares of Kotak Mahindra Bank, by registering at 5Paisa and by setting up a Demat Account in your name.
 

What is the Return of Equity on shares of Kotak Mahindra Bank for the past 1 year?

The Return on Equity on shares of Kotak Mahindra Bank is 14.2% for last year.
 

What is the face value of a share of Kotak Mahindra Bank?

The face value of a share of Kotak Mahindra Bank. is Rs 5 per share.
 

Who all are peers of Kotak Mahindra Bank?

HDFC Bank, ICICI Bank, Axis Bank, Induslnd Bank.

Is Kotak a safe deposit bank?

Kotak Mahindra Bank is a financially strong, well-capitalized bank with strong risk management and corporate governance structure. Your deposits with them are completely secure.

Is Kotak Mahindra Bank Ltd a good stock to buy?

As per analysts rating in the last 6 months, the recommendation is to HOLD Kotak Mahindra Bank. Kotak Mahindra Bank has an operating revenue of INR. 59,152.10 Cr. Annual revenue growth of 13% is good, Pre-tax margin of 23% is great. Institutional holding has gone up in the last reported quarter is a positive sign.

What is the ROE of Kotak Mahindra Bank Ltd.?

Kotak Mahindra Bank's ROE is 11%, which is good.

Who is the CEO of Kotak Mahindra Bank Ltd.?

Uday Kotak, Founder and Managing Director & CEO of Kotak Mahindra Bank, has led the group in a broad range of financial services for over 30 years.

Q2FY23