NSE: KOTAKBANK | BSE: 500247

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2110.80 -4.80 (-0.23%)

31.72% Gain from 52W Low

376.6K NSE+BSE Volume

NSE 14 May, 2025 10:38 AM (IST)

419,679.9

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0.9

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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.

25 Oct 2018

2110.80

-0.23%

Kotak Mahindra Bank: Slump in margins' structural & to persist

Sell: Kotak Mahindra Bank Ltd.

Target

Karvy

Slump in margins' structural & to persist: We read the performance as mixed with the negatives being led by pressure on marginswhich we assess is structural and is led by competitive compression on core spreads. The pressure came notwithstanding the bank going slow on corporate growth - consequently aiding margins through lower leverage and positive shift in loan mix.

Kotak Mahindra Bank Ltd. has gained 25.06% in the last 6 Months

Kotak Mahindra Bank Ltd.

24 Oct 2018

2110.80

-0.23%

Kotak Mahindra

Buy: Kotak Mahindra Bank Ltd.

Dolat Capital

Kotak reported a stable quarter with a PAT growth of 15% (S) and 21% (C) backed by advances growth of 21% (S) and 18% (C) and aided by lower provisions. The cost did inch up in part due to front-ended digital costs. NIMs contracted marginally by 10 bps sequentially largely due to lag effect in costs pass through. Vehicles, mortgages and unsecured personal loans have grown at a robust 40%, 23% and 39% respectively outpacing the corporate book growth of 19%. Caution on business banking remain growing at a mere 3% YoY. On a consolidated basis, the insurance business...

KRChoksey increased Accumulate price target of Kotak Mahindra Bank Ltd. to 2352.0 on 05 May, 2025.

Kotak Mahindra Bank Ltd.

24 Oct 2018

2110.80

-0.23%

Steady quarter, business momentum remains strong

Neutral: Kotak Mahindra Bank Ltd.

Target

Motilal Oswal

KMBs PAT increased 15% YoY to INR11.4b (in-line) in 2QFY19. NII grew 16% YoY to INR26.9b, led by healthy loan growth of 21% YoY. Margins, however, contracted by 10bp to 4.2%. Based on our full-year estimates, we believe KMB should deliver PAT of INR25.4b in 2HFY19 (INR21.7b in 1HFY19). (+4.5% QoQ), led by strong growth in retail loans 24 October 2018 (+28% YoY), while deposits increased by 24% YoY. SA deposit growth was healthy at 36% YoY (43% YoY on daily average basis), with incremental cost of SA at 5.65%. Core deposit mix (CASA + TD less than INR50m) was at 79%.

Kotak Mahindra Bank Ltd. has gained 25.06% in the last 6 Months

Kotak Mahindra Bank Ltd.

24 Oct 2018

2110.80

-0.23%

Kotak Mahindra

Buy: Kotak Mahindra Bank Ltd.

Target

JM Financial

Kotak Bank reported a steady operational quarter in 2QFY19 with PPoP for the standalone bank up 21.5% YoY. However, provisions remained slightly elevated in 2QFY19 as the bank continued to shore up its PCR (up 200bps sequentially to 63%), as well as due to elevated MTM provisions on the investments book. As a result, standalone PAT growth was moderate (+15% YoY), although growth in consol. PAT was healthy at 21%. We believe that the reduction in margin for KMB (down 10bps QoQ to 4.2%), could well be transient, as the loan book (predominantly linked to 6-m MCLR) gets re-priced. Management indicated that the outlook for risk-adjusted margins for KMB seems to be positive, driven by a reduction in...

Kotak Mahindra Bank Ltd. has gained 25.06% in the last 6 Months

Kotak Mahindra Bank Ltd.

30 Aug 2018

2110.80

-0.23%

Kotak Mahindra

Buy: Kotak Mahindra Bank Ltd.

Target

KRChoksey

OVERVIEW concentrated India, diversified financial services Annual Report FY18 The Indian financial services space was always inhabited by a few visionary groups for whom demonetisation was a boon and the event only accelerated their agenda of financialization. One such visionary group is Kotak which offers financial products across the board credit, deposits, wealth management, broking, life insurance, general insurance, investment banking, asset management, auto loans. With such a vast array of products in its kitty, the opportunity to cross-sell across the group is large. For example, 50% volume for life and general insurance comes from Kotak's own distribution network. In this note, Decoding Kotak, we have tried to dissect each of the main subsidiaries that we believe will continue to grow larger and will be instrumental in driving synergy benefits and cross-sell opportunities as well as improving profitability level at the group level. While 811 continues to be the bank's strategy to acquire customers, our recent interaction with the bank...

Kotak Mahindra Bank Ltd. has gained 25.06% in the last 6 Months

Kotak Mahindra Bank Ltd.

03 Aug 2018

2110.80

-0.23%

Kotak Mahindra Bank

Buy: Kotak Mahindra Bank Ltd.

ICICI Securities Limited

Kotak Mahindra Bank had issued 100 crore non-convertible perpetual noncumulative preference shares (PNCPS) of face value | 5 each aggregating to | 500 crore. It will be added to the paid up capital but not equity capital. Post the issue, the promoter stake, which was earlier at 30.03%, has declined to ~19.7%, adhering to RBI requirement on reducing shareholding under 20%. The RBI has been informed about the transaction while approval on the same is awaited. RBI had previously mandated the bank reduce promoter stake to 20% of paid up capital by December 2018 and 15% by March 2020. As per media reports, issued PNCPS will be listed on the stock exchange....

Kotak Mahindra Bank Ltd. has gained 25.06% in the last 6 Months

Kotak Mahindra Bank Ltd.

25 Jul 2018

2110.80

-0.23%

KOTAK MAHINDRA BANK

Hold: Kotak Mahindra Bank Ltd.

Geojit Research

CASA ratio of KMB improved by 640bps to 50.3% against 43.9% YoY. GNPA/NNPA ratios improved to 1.93%/0.77% against 2.24%/1.07 % on YoY. Earnings are expected to sustain a healthy growth of 24% CAGR on the back of robust loan growth at 21% CAGR. With a stable earnings outlook, we value KMB at 3.9 x P/BV and increase...

Kotak Mahindra Bank Ltd. is trading below its 30 day SMA of 2147.2

Kotak Mahindra Bank Ltd.

24 Jul 2018

2110.80

-0.23%

Kotak Mahindra Bank

Results Update: Kotak Mahindra Bank Ltd.

SMC online

Kotak Mahindra Bank (KMB), on a standalone basis, reported robust 15% growth in Net Profit to Rs Kotak Mahindra Bank (KMB), on a standalone basis, reported robust 12% growth in Net Profit to Rs 1024.94 crore in the quarter ended June 2018 (Q1FY2019) over the corresponding quarter of last year. The bank has exhibited healthy improvement in asset quality, while net interest margins (NIMs) remained strong in Q1FY2019. NIMs of the bank was nearly steady at 4.30% in Q1FY2019 compared with 4.35% in the previous quarter, while declined from 4.50%...

Kotak Mahindra Bank .. has an average target of 2217.67 from 13 brokers.

Kotak Mahindra Bank Ltd.

20 Jul 2018

2110.80

-0.23%

Kotak Mahindra Bank (1QFY19): Soft headline, solid fine print. Maintain BUY

Buy: Kotak Mahindra Bank Ltd.

Target

HDFC Securities

Maintain BUY with SOTP of Rs 1,378 (4.5x Mar-20 core ABV of Rs 238 + Rs 309 for subs). A one-time MTM hit (~Rs 2.1bn) and higher NPA provisioning (LLP +49% QoQ, PCR rose to 61%) capped KMBs net earnings (down 9% QoQ, missing estimates by ~7%). The business remains healthy as ever, with broad based loan growth (+24% YoY), best in class NIMs (4.30%) and negligible net stress incl. SMA-II (97bps, down 6bps).

Kotak Mahindra Bank .. has an average target of 2217.67 from 13 brokers.

Is Kotak Mahindra Bank Ltd. worth buying?

850 Votes:

Buy 79.76%

Sell 14.47%

Hold 5.76%

RESEARCH REPORTS

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