Kotak Mahindra Bank Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for KOTAKBANK, BSE:500247 Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank Ltd.

06 May 2021

1960.30

0.80%

KOTAK MAHINDRA BANK

Buy: Kotak Mahindra Bank Ltd.

Target

Geojit BNP Paribas

Non-bank entities contributed to 35% of consolidated PAT which stood at Rs. 2,553cr (+30.8% YoY) in Q4FY21. Emergency credit line guarantee schemes 1.0 & 2.0 disbursements amounted to Rs. ~11,500cr for the full year. Although the slight decline in asset quality is a cause for concern, the increasing CASA deposits driven by home loans, will ensure the necessary stability in the long term. Hence, we reiterate our BUY rating on the stock with a target price of Rs. 2,052 based on 3.7x FY23E BVPS....

Kotak Mahindra Bank Ltd. is trading below all available SMAs

Kotak Mahindra Bank Ltd.

05 May 2021

1960.30

0.80%

Kotak Mahindra Bank

Kotak Mahindra Bank Ltd.

SMC online

Kotak Mahindra Bank (KMB), On consolidated front, the bank has reported 36% growth in the Net Profit to Rs 2589.32 crore for the quarter ended March 2021, up from Rs 1905.18 crore in the quarter ended March 2020. NII increased 8% to Rs 5019.23 crore, while other income moved up 125% to Rs 8224.10 crore. The operating profit improved 16% to Rs 4578.34 crore in the quarter ended March 2021. Provisions and contingencies have declined 4% to Rs 1214.80...

Kotak Mahindra Bank Ltd. is trading below all available SMAs

Kotak Mahindra Bank Ltd.

04 May 2021

1960.30

0.80%

HSIE Results Daily: Reliance Industries Kotak Mahindra Bank, SBI Life Insurance, L&T; Technology Services, Supreme Industries

Sell: Kotak Mahindra Bank Ltd.

HDFC Securities

Supreme Industries: Supreme Industries (SIL) reported a strong 4QFY21, led by strong realisations and inventory gains. Consolidated net sales/EBITDA/APAT grew 13/27/44% QoQ (46/86/284% YoY) to INR 20.8/5.1/4.5bn respectively and EBITDAM came in at an all-time high of 24.5%. We like SIL for its steady growth, market share gains, lean working capital, and sustained high return ratios. We retain our ADD rating with a revised target price of INR 2,245 (19x Mar'23E consolidated EBITDA and 30% holding in Supreme Petrochem at 30% disc to current MCap). Reliance Industries: Our ADD rating on RIL with a price target of INR 2,285 /sh is premised on (1) induction of Facebook, Google, Intel and Qualcomm as partners in Jio Platforms, which should help the company accelerate the growth of digital connectivity and create value in the digital ecosystem through technology offerings; (2) recovery in refining and petchem businesses in FY22E; (3) the emergence of a clear path to a stronger balance sheet; and (4) stake sale in the retail business. Kotak Mahindra Bank: Kotak Mahindra Banks (KMB) 4QFY21 P&L; performance was better than our expectations, largely on the back of high other income (31% YoY), partially offset by lower-than-expected NII growth (8% YoY). The bank build on its uptick in credit growth in the last quarter with 4.5% sequential loan growth. Asset quality remains robust with FY21 slippages at 2.4%, along with a low restructured pool (0.19% of loans) and high provisioning buffer (PCR at 64%, other provisions at 2.1% of loans). However, current lofty valuations factor in the uptick...

Kotak Mahindra Bank Ltd. is trading below all available SMAs

Kotak Mahindra Bank Ltd.

04 May 2021

1960.30

0.80%

KOTAK MAHINDRA BANK - A lukewarm quarter; profitability dragged down by higher provisioning

Buy: Kotak Mahindra Bank Ltd.

Target

LKP Securities

Kotak Mahindra Bank (KMB) reported tepid 4QFY21 results with the key pointers being: a) profitability (PAT declined 9.2% sequentially) dragged down because of higher provisioning b) GNPA/NNPA ratio of 3.25%/1.21% marginally higher than expected c) sequential credit growth...

Kotak Mahindra Bank .. has an average target of 2380.09 from 11 brokers.

Kotak Mahindra Bank Ltd.

04 May 2021

1960.30

0.80%

Q4FY21 Result Update - Another quarter of mixed performance - HOLD

Hold: Kotak Mahindra Bank Ltd.

Target

Prabhudas Lilladhar

KMB's earnings of Rs16.8bn (PLe: Rs16.9bn) was in-line with expectations though certain line items were weak. NII growth of 8% YoY/flat QoQ and higher provisions of Rs11.8bn dragged quality of earnings. Asset quality though was stable and other stress indicators of restructuring+SMA2 was only 23bps of loan. Bank carries a 57bps of COVID provision though would have comforted us if it was higher and similarly with PCR which was at 63%, lower amongst peers. Bank has continued with its stance of lending judiciously without letting guard down and underwriting remains paramount....

Geojit BNP Paribas upgraded Kotak Mahindra Bank Ltd. to Buy with a price target of 2233.0 on 13 Aug, 2025.

Kotak Mahindra Bank Ltd.

04 May 2021

1960.30

0.80%

Result Update:Kotak Mah. Bank

Hold: Kotak Mahindra Bank Ltd.

Recommendation Target

Axis Direct

We remain positive on the stock given the management strength and sustainability and strong deposit franchise. However, we are watchful on loan growth and asset quality, though provisioning is largely adequate. We maintain our rating at Hold with a revised target price of 1800 (SOTP basis).

Number of FII/FPI investors increased from 1463 to 1503 in Jun 2025 qtr.

Kotak Mahindra Bank Ltd.

04 May 2021

1960.30

0.80%

Kotak Mahindra Bank

Buy: Kotak Mahindra Bank Ltd.

ICICI Securities Limited

Kotak Bank posted lower-than-expected NII growth at 8.0% YoY to | 3842 crore, mainly on account of 34 bps YoY and 19 bps QoQ decline in net interest margins. The bank took a hit of ~| 110 crore in NI line for relief on interest on interest. Non-interest income (NII) reported a sharp jump of 31% YoY, 51% QoQ to | 1949 crore, driven by 23% QoQ rise in fee income and treasury gains (PBT level) of | 898 crore vs. | 48 crore QoQ. Cost to income ratio declined ~258 bps YoY with 9.4% QoQ reduction in employee expenses due to lower retirement benefits due to improved interest rates....

Kotak Mahindra Bank Ltd. is trading below all available SMAs

Kotak Mahindra Bank Ltd.

03 May 2021

1960.30

0.80%

Kotak Mahindra Bank (BUY): Q4 in line; well capitalised for growth

Buy: Kotak Mahindra Bank Ltd.

BOB Capital Markets Ltd.

Kotak Bank's (KMB) Q4FY21 PAT at Rs 16.8bn (+33% YoY) was largely in line with our estimates.

Kotak Mahindra Bank Ltd. is trading below all available SMAs

Kotak Mahindra Bank Ltd.

03 May 2021

1960.30

0.80%

Elevated provisioning and weak NII drive earnings miss; asset quality ratios remain stable

Neutral: Kotak Mahindra Bank Ltd.

Recommendation Target

Motilal Oswal

KMB reported a miss on our expectations as PAT stood at INR16.8b (14% below our estimate), affected by lower NII and higher provisions. Loan book grew 4.5% QoQ led by steady traction in Home loans, CV/CE, and the Agri...

Kotak Mahindra Bank .. has an average target of 2380.09 from 11 brokers.

Kotak Mahindra Bank Ltd.

01 Feb 2021

1960.30

0.80%

KOTAK MAHINDRA BANK

Buy: Kotak Mahindra Bank Ltd.

Target

Geojit BNP Paribas

Bank disbursed Rs. ~9,700cr under Emergency credit line guarantee scheme to date (~5.0-5.5% of the overall utilization of the scheme). In Q3FY21, NII rose by 16.2% YoY to Rs. 5,160cr and NIM stood at 4.58% owing to lower cost of funds this quarter. Collections for secured loans reached pre-COVID levels, while for unsecured it is nearing pre-COVID levels (improving on MoM basis). As the economic activities are coming back on track, Kotak Mahindra Bank should continue to perform well given its lower cost of funds,...

Number of FII/FPI investors increased from 1463 to 1503 in Jun 2025 qtr.

Is Kotak Mahindra Bank Ltd. worth buying?

872 Votes:

Buy 80.05%

Sell 14.33%

Hold 5.62%

RESEARCH REPORTS

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Buy SEE REPORTS >

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