Kotak Mahindra Bank Limited

BSE:500247 Stock Report

Market Cap: ₹3.7t

Kotak Mahindra Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ashok Vaswani

Chief executive officer

₹53.1m

Total compensation

CEO salary percentage23.2%
CEO tenureless than a year
CEO ownershipn/a
Management average tenureless than a year
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashok Vaswani's remuneration changed compared to Kotak Mahindra Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹221b

Jun 30 2024n/an/a

₹215b

Mar 31 2024₹53m₹12m

₹182b

Compensation vs Market: Ashok's total compensation ($USD619.83K) is below average for companies of similar size in the Indian market ($USD1.04M).

Compensation vs Earnings: Insufficient data to compare Ashok's compensation with company performance.

CEO

Ashok Vaswani (64 yo)

less than a year

Tenure

₹53,145,000

Compensation

Mr. Ashok Valiram Vaswani serves as the Managing Director and Chief Executive Officer of Kotak Mahindra Bank Limited from January 01, 2024 and has been its Director. He had been the President of Pagaya Tec...

Leadership Team

NamePositionTenureCompensationOwnership
Ashok Vaswani
MD, CEO & Directorless than a year₹53.15mno data
Shanti Ekambaram
Deputy MD & Directorno data₹63.37m0.067%
₹ 2.4b
Paul Parambi
Group President & Group Chief Risk Officerless than a yearno datano data
Milind Nagnur
Group Presidentless than a yearno datano data
Devang Gheewalla
Group Chief Financial Officerless than a yearno datano data
T. Raghunath
Head of Corporate & Investment Banking9.8yrsno datano data
Himanshu Vasa
Chief Compliance Officer1.3yrsno datano data
Prasanna Kotian
Head of Group Corporate Communicationless than a yearno datano data
Rohit Bhasin
President of Propositions & Chief Marketing Officerno datano datano data
Anupam Kaura
Chief Human Resources Officerless than a yearno datano data
Rohit Rao
Joint President & Group Chief CSR Officerno datano data0.0016%
₹ 58.0m
Jaideep Hansraj
Group President of One Kotak & Additional Whole-Time Directorless than a yearno datano data

0.9yrs

Average Tenure

60yo

Average Age

Experienced Management: 500247's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ashok Vaswani
MD, CEO & Directorless than a year₹53.15mno data
Shanti Ekambaram
Deputy MD & Director2.2yrs₹63.37m0.067%
₹ 2.4b
Jaideep Hansraj
Group President of One Kotak & Additional Whole-Time Directorless than a yearno datano data
Uday Kotak
Non-Executive Non-Independent Director39.2yrs₹5.03m25.86%
₹ 944.1b
Cornells Adrianus Joseph Leenaars
Independent Directorless than a year₹1.40mno data
Uday Shankar
Independent Non-Executive Director5.8yrs₹5.50m0.000020%
₹ 730.1k
Amit Desai
Non-Executive Director2.8yrs₹4.10m0.069%
₹ 2.5b
Ashok Gulati
Independent Director3.8yrs₹6.20mno data
Ketaki Bhagwati
Independent Directorless than a yearno datano data
Chandra Rajan
Non-Executive Independent Part-Time Chairman2.3yrs₹6.64mno data
Ashu Suyash
Independent Director3yrs₹8.29mno data

2.3yrs

Average Tenure

63yo

Average Age

Experienced Board: 500247's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:10
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kotak Mahindra Bank Limited is covered by 64 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pankaj AgarwalAmbit Capital
Kaitav ShahAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.