KOTAKBANK

KOTAK MAHINDRA BANK

Large Cap BSE: 500247 NSE: KOTAKBANK
₹1931.5
-6.95 (-0.36%)
As on 06 December, 2022 | 12:53

Kotak Mahindra Bank Performance

Day Range

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52 Week Range

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Kotak Mahindra Bank Share Price

Kotak Mahindra Bank Share Returns

  • Over 1 Month 1.84%
  • Over 3 Month -0.15%
  • Over 6 Month 4.11%
  • Over 1 Year 1.09%

Kotak Mahindra Bank Key Statistics

P/E Ratio 28.1
PEG Ratio 0.8
Market Cap Cr 383,560
Price to Book Ratio 4
EPS 42.9
Dividend 0.1
Relative Strength Index 55.44
Money Flow Index 72.55
MACD Signal 16.42
Average True Range 30.19

Kotak Mahindra Bank Investment Rating

  • Master Rating:
  • Kotak Mahindra Bank(Nse) has an operating revenue of Rs. 60,142.31 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 27% is great, ROE of 12% is good. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 6% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 91 which is a GREAT score indicating consistency in earnings, a RS Rating of 43 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 38 indicates it belongs to a strong industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Kotak Mahindra Bank Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 8,0937,3387,0666,8976,5966,4806,449
Operating Expenses Qtr Cr 3,4863,1583,0082,9972,7132,4042,385
Operating Profit Qtr Cr 1,6131,5401,5141,3371,3081,5381,458
Depreciation Qtr Cr 0000000
Interest Qtr Cr 2,9932,6412,5452,5632,5762,5382,606
Tax Qtr Cr 850689879701664544546
Net Profit Qtr Cr 2,5812,0712,7672,1312,0321,6421,682

Kotak Mahindra Bank Technicals

EMA & SMA

Current Price
1935.
-3.45 (-0.18%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 1926.83
  • 50 Day
  • 1900.68
  • 100 Day
  • 1873.94
  • 200 Day
  • 1851.58
  • 20 Day
  • 1930.66
  • 50 Day
  • 1880.65
  • 100 Day
  • 1869.61
  • 200 Day
  • 1822.7

Kotak Mahindra Bank Resistance and Support

PIVOT
₹1934.14
Resistance
First Resistance 1948.27
Second Resistance 1958.09
Third Resistance 1972.22
RSI 55.44
MFI 72.55
MACD Single Line 16.43
MACD 13.34
Support
First Resistance 1924.32
Second Resistance 1910.19
Third Resistance 1900.37

Kotak Mahindra Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,267,915 78,179,639 61.66
Week 1,948,907 127,770,369 65.56
1 Month 2,441,693 154,241,725 63.17
6 Month 2,614,544 157,918,456 60.4

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. 27038.82 Cr. and Equity Capital is Rs. 992.33 Cr. for the Year ended 31/03/2022. 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 385,233
Sales 35,782
Shares in Float 146.95
No of funds 1242
Yield 0.06
Book Value 5.34
U/D Vol ratio 0.8
LTDebt / Equity 36
Alpha -0.02
Beta 0.95

Kotak Mahindra Bank

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 25.96%25.97%25.98%
Mutual Funds 9.93%8.99%9.26%
Insurance Companies 8.43%8.06%7.05%
Foreign Portfolio Investors 40.92%40.55%40.86%
Financial Institutions/ Banks 0.08%0.06%0.06%
Individual Investors 8.76%9.16%9.65%
Others 5.92%7.21%7.14%

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. Gaurang Shah Whole Time Director
Mr. C Jayaram Non Executive Director
Mr. Amit Desai Non Executive Director
Mr. Uday Shankar Independent Director
Mr. Ashok Gulati Independent Director
Mrs. Farida Khambata Independent Director
Mr. Uday Chander Khanna Independent Director
Ms. Ashu Suyash Independent 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
2022-10-22 Quarterly Results & Others
2022-07-23 Quarterly Results
2022-05-04 Audited Results & Final Dividend
2022-01-28 Quarterly Results
2021-10-26 Quarterly Results
Date Purpose Remarks
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
2021-03-19 FINAL Dividend on Preference Shares per share(18%)Dividend

Kotak Mahindra Bank MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 56730
HDFC Balanced Advantage Fund Growth 49709
ICICI Prudential Balanced Advantage Fund Growth 44002

About Company

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.

Kotak Mahindra Bank – Growth History and Empire Expansion

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.

Market Capitalisation and Stock Information

The market cap stands at Rs 335211 crores

The PB ratio of SBI Kotak Mahindra Bank stocks is 3.48% as of 27 June 2022.

The Face Value of shares is Rs 5 each.

Shareholding Pattern as of March 2022

The shareholding pattern of Kotak Mahindra Bank consists of 25.98 % holding by the promoters, 40.86% by FII, 16.61% by DII, and 16.56% by the Public.

Quarterly Results for the quarter ended March 2022

Revenue: Rs 7,066 crores
Profit before tax: Rs 3,646 crores
Net Profit:  Rs 2,767 crores
Gross NPA %: 2.34%
Net NPA %: 0.64%
(The above are standalone figures)

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 ₹1931 As on 06 December, 2022 | 12:39

What is the Market Cap of Kotak Mahindra Bank ?

The Market Cap of Kotak Mahindra Bank is ₹383559.5 Cr As on 06 December, 2022 | 12:39

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

The P/E ratio of Kotak Mahindra Bank is 28.1 As on 06 December, 2022 | 12:39

What is the PB ratio of Kotak Mahindra Bank ?

The PB ratio of Kotak Mahindra Bank is 4 As on 06 December, 2022 | 12:39

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 52-week high and low price of shares of Kotak Mahindra Bank.

Kotak Mahindra Bank shares have a 52-week high of Rs 2,253 and a 52-week low of Rs 1,626.
 

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 Mahindra a smart buy?

Kotak Mahindra Bank Ltd has increased by 7.74 percent in the last year, compared to a 6.66 percent increase in the NIFTY and a 0.55 percent increase in the Nifty Bank index. Based on TTM profits ending March 22, the stock's PE is 42.98. Kotak Mahindra Bank Ltd is up for the third time in a row.
 

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