Kotak Mahindra Bank Limited

NSEI:KOTAKBANK Stock Report

Market Cap: ₹4.0t

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 tenure1.2yrs
CEO ownershipn/a
Management average tenure1.2yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

Do Kotak Mahindra Bank's (NSE:KOTAKBANK) Earnings Warrant Your Attention?

Feb 17
Do Kotak Mahindra Bank's (NSE:KOTAKBANK) Earnings Warrant Your Attention?

Kotak Mahindra Bank Limited Just Recorded A 5.2% Revenue Beat: Here's What Analysts Think

Jul 17
Kotak Mahindra Bank Limited Just Recorded A 5.2% Revenue Beat: Here's What Analysts Think

Here's Why Kotak Mahindra Bank (NSE:KOTAKBANK) Has Caught The Eye Of Investors

Jul 12
Here's Why Kotak Mahindra Bank (NSE:KOTAKBANK) Has Caught The Eye Of Investors

Revenue Beat: Kotak Mahindra Bank Limited Exceeded Revenue Forecasts By 5.4% And Analysts Are Updating Their Estimates

May 08
Revenue Beat: Kotak Mahindra Bank Limited Exceeded Revenue Forecasts By 5.4% And Analysts Are Updating Their Estimates

CEO Compensation Analysis

How has Ashok Vaswani's remuneration changed compared to Kotak Mahindra Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

₹225b

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 ($USD614.20K) is below average for companies of similar size in the Indian market ($USD1.22M).

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

CEO

Ashok Vaswani (64 yo)

1.2yrs

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 & Director1.2yrs₹53.15mno data
Shanti Ekambaram
Deputy MD & Directorno data₹63.37m0.067%
₹ 2.7b
Paul Parambi
Group President & Group Chief Risk Officerno datano datano data
Devang Gheewalla
Group Chief Financial Officerless than a yearno datano data
T. Raghunath
Head of Corporate & Investment Banking9.9yrsno datano data
Himanshu Vasa
Chief Compliance Officer1.4yrsno datano data
Prasanna Kotian
Head of Group Corporate Communication1.1yrsno datano data
Rohit Bhasin
President of Propositions & Chief Marketing Officerno datano datano data
Anupam Kaura
Chief Human Resources Officer1.2yrsno datano data
Rohit Rao
Joint President & Group Chief CSR Officerno datano data0.0016%
₹ 64.3m
Jaideep Hansraj
Executive Director & Additional Whole-Time Directorless than a yearno datano data
Paritosh Kashyap
President & Head of Wholesale Banking Groupno datano datano data

1.2yrs

Average Tenure

59yo

Average Age

Experienced Management: KOTAKBANK's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ashok Vaswani
MD, CEO & Director1.2yrs₹53.15mno data
Shanti Ekambaram
Deputy MD & Director2.3yrs₹63.37m0.067%
₹ 2.7b
Jaideep Hansraj
Executive Director & Additional Whole-Time Directorless than a yearno datano data
Uday Kotak
Non-Executive Non-Independent Director39.3yrs₹5.03m25.86%
₹ 1.0t
Cornells Adrianus Joseph Leenaars
Independent Director1.2yrs₹1.40mno data
Uday Shankar
Independent Non-Executive Director6yrs₹5.50m0.000020%
₹ 809.0k
Amit Desai
Non-Executive Director3yrs₹4.10m0.069%
₹ 2.8b
Ashok Gulati
Independent Director4yrs₹6.20mno data
Ketaki Bhagwati
Independent Directorless than a yearno datano data
Chandra Rajan
Non-Executive Independent Part-Time Chairman2.4yrs₹6.64mno data
Ashu Suyash
Independent Director3.2yrs₹8.29mno data

2.4yrs

Average Tenure

63yo

Average Age

Experienced Board: KOTAKBANK's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/19 11:32
End of Day Share Price 2025/03/19 00:00
Earnings2024/12/31
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.

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 Github.

Analyst Sources

Kotak Mahindra Bank Limited is covered by 72 analysts. 37 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
Nitin BhasinAmbit Capital
Kaitav ShahAnand Rathi Shares and Stock Brokers Limited