BSE:500247

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Kotak Mahindra Bank

Executive Summary

Kotak Mahindra Bank Limited, provides banking and financial services to corporate and individual customers in India. More Details


Snowflake Analysis

Adequate balance sheet with proven track record.


Similar Companies

Share Price & News

How has Kotak Mahindra Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500247 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.4%

500247

2.5%

IN Banks

-0.4%

IN Market


1 Year Return

-13.6%

500247

-20.9%

IN Banks

2.3%

IN Market

Return vs Industry: 500247 exceeded the Indian Banks industry which returned -20.9% over the past year.

Return vs Market: 500247 underperformed the Indian Market which returned 2.3% over the past year.


Shareholder returns

500247IndustryMarket
7 Day6.4%2.5%-0.4%
30 Day9.6%12.3%3.3%
90 Day3.2%3.7%6.7%
1 Year-13.6%-13.6%-20.9%-20.9%4.0%2.3%
3 Year36.9%36.8%-39.8%-40.4%0.6%-4.1%
5 Year110.4%110.0%-10.8%-12.7%42.3%31.8%

Price Volatility Vs. Market

How volatile is Kotak Mahindra Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kotak Mahindra Bank undervalued compared to its fair value and its price relative to the market?

31.55x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500247 (₹1393.25) is trading above our estimate of fair value (₹230.68)

Significantly Below Fair Value: 500247 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500247 is poor value based on its PE Ratio (31.5x) compared to the IN Banks industry average (15.8x).

PE vs Market: 500247 is poor value based on its PE Ratio (31.5x) compared to the Indian market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: 500247 is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: 500247 is overvalued based on its PB Ratio (4x) compared to the IN Banks industry average (0.7x).


Next Steps

Future Growth

How is Kotak Mahindra Bank forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

19.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500247's forecast earnings growth (19.4% per year) is above the savings rate (7.2%).

Earnings vs Market: 500247's earnings (19.4% per year) are forecast to grow slower than the Indian market (25.5% per year).

High Growth Earnings: 500247's earnings are forecast to grow, but not significantly.

Revenue vs Market: 500247's revenue (15.1% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: 500247's revenue (15.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 500247's Return on Equity is forecast to be low in 3 years time (11.7%).


Next Steps

Past Performance

How has Kotak Mahindra Bank performed over the past 5 years?

21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500247 has high quality earnings.

Growing Profit Margin: 500247's current net profit margins (26.6%) are higher than last year (24%).


Past Earnings Growth Analysis

Earnings Trend: 500247's earnings have grown significantly by 21.1% per year over the past 5 years.

Accelerating Growth: 500247's earnings growth over the past year (11.8%) is below its 5-year average (21.1% per year).

Earnings vs Industry: 500247 earnings growth over the past year (11.8%) exceeded the Banks industry 5.8%.


Return on Equity

High ROE: 500247's Return on Equity (12.7%) is considered low.


Next Steps

Financial Health

How is Kotak Mahindra Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 500247's Assets to Equity ratio (6.6x) is low.

Allowance for Bad Loans: Insufficient data to determine if 500247 has a sufficient allowance for bad loans.

Low Risk Liabilities: 69% of 500247's liabilities are made up of primarily low risk sources of funding.

Loan Level: 500247 has an appropriate level of Loans to Assets ratio (56%).

Low Risk Deposits: 500247's Loans to Deposits ratio (96%) is appropriate.

Level of Bad Loans: 500247 has a high level of bad loans (2%).


Next Steps

Dividend

What is Kotak Mahindra Bank current dividend yield, its reliability and sustainability?

0.086%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500247's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500247's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500247's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500247's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 500247 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500247's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average board tenure


CEO

Uday Kotak (61 yo)

no data

Tenure

₹29,700

Compensation

Mr. Uday Suresh Kotak, B.Com, MMS, serves as Director at Kotak Mahindra Investments Ltd. He is Chief Executive Officer of Kotak Mahindra Bank Limited since May 1, 2018 and serves as its Member of Executive ...


CEO Compensation Analysis

Compensation vs Market: Uday's total compensation ($USD403.18) is below average for companies of similar size in the Indian market ($USD1.37M).

Compensation vs Earnings: Uday's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Uday Kotak
MD, CEOno data₹29.70k25.98%
₹ 716.9b
Dipak Gupta
Joint MD21yrs₹29.46k0.044%
₹ 1.2b
Krishnan Subramanian
President of Corporate0.92yr₹29.70k0.028%
₹ 778.6m
Gaurang Shah
Whole Time Director0.92yr₹30.30k0.043%
₹ 1.2b
Chengalath Jayaram
Non-Executive Non-Independent Director21yrs₹1.66k0.051%
₹ 1.4b
Farida Khambata
Independent Non-Executive Director6.08yrs₹1.24k0.0037%
₹ 103.2m
Prakash Apte
Independent Non-Executive Part-Time Chairman2.25yrs₹2.16kno data
Uday Khanna
Independent Non-Executive Director4.08yrs₹1.84k0.00015%
₹ 4.1m
Uday Shankar
Independent Non-Executive Director1.58yrs₹960.000.000020%
₹ 551.8k
S. Dev
Independent Non-Executive Director7.58yrs₹2.06kno data

5.1yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 500247's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 500247 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.


Top Shareholders

Company Information

Kotak Mahindra Bank Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kotak Mahindra Bank Limited
  • Ticker: 500247
  • Exchange: BSE
  • Founded: 1985
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹2.759t
  • Shares outstanding: 1.98b
  • Website: https://www.kotak.com

Number of Employees


Location

  • Kotak Mahindra Bank Limited
  • Bandra Kurla Complex
  • 27BKC, C 27
  • Mumbai
  • Maharashtra
  • 400051
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500247BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2000
KOTAKBANKNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2000
715026BSE (Mumbai Stock Exchange)8.1% NON CUM PREF INR5ININRAug 2018

Biography

Kotak Mahindra Bank Limited, provides banking and financial services to corporate and individual customers in India. It operates through Treasury, BMU, and Corporate Centre; Retail Banking; Corporate/Whole ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:32
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.