NSE: KOTAKBANK | BSE: 500247

Mid-range Performer

Download real time

2090.10 -21.10 (-1.00%)

30.43% Gain from 52W Low

4.1M NSE+BSE Volume

NSE 20 May, 2025 3:31 PM (IST)

415,569.7

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

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.

20 Jul 2018, 12:00AM

2090.10

-1.00%

Kotak Mahindra

Buy: Kotak Mahindra Bank Ltd.

Target

KRChoksey

Advances at INR 1769.3 bn grew at a steadily by 24% yoy led by 29% growth in the retail book and 21% growth in the corporate book. The growth in advances is majorly supported by small business/PL/credit card book which grew at a higher rate of 43% followed by CV financing which grew at 40%. NII at INR 25.8 bn grew 15% yoy/ flat qoq. Immediate effect of increase in the cost of funds led to 18 bps contraction in NIMs (calc.) qoq, which should be offset by increase in MCLR rates which is to come with a lag. Fee income continued to grow at a healthy rate of 23%. The bank delivered a PPOP of INR 20.4 bn, +27% yoy/1% qoq on back of improving cost/assets ratio (2.56%; -11 bps qoq). Provisioning was INR 4.69 bn, up 131% yoy/53% qoq, translating into credit costs of 76 bps vs 48 bps last quarter. High provisioning was mainly on account of high MTM losses as the bank did not opt for the RBI's dispensation. The bank also opted for increasing PCR to 60.8% (+436 bps qoq) in a move to strengthen the balance sheet....

Kotak Mahindra Bank Ltd. is trading above its 200 day SMA of 1889.1

Kotak Mahindra Bank Ltd.

20 Jul 2018, 12:00AM

2090.10

-1.00%

Kotak Mahindra Bank: Lagged Expectation

Sell: Kotak Mahindra Bank Ltd.

Target

Karvy

Lagged Expectation: The bank's standalone performance lagged expectations with slower than estimated momentum on loan growth, NIMs saw further pressure despite the bank conserving on capital, quarter end CASA growth hitting high base and core fee income growth lagging advance growth.

Number of FII/FPI investors increased from 1330 to 1463 in Mar 2025 qtr.

Kotak Mahindra Bank Ltd.

08 May 2018

2090.10

-1.00%

Kotak Mahindra Bank

Kotak Mahindra Bank Ltd.

SMC online

Kotak Mahindra Bank (KMB), on a standalone basis, reported robust 15% growth in Net Profit to Rs 1124.05 crore in the quarter ended March 2018 (Q4FY2018) over the corresponding quarter of last year. The bank has exhibited healthy 19% growth in the net interest income, while core fee income surged 33% in Q4FY2018. Net interest margins (NIMs) has improved on sequential basis to 4.35% in Q4FY2018 compared with 4.20% in the previous quarter. The bank has also showed healthy improvement in asset quality in Q4FY2018. The cost-to-income rate has further improved to 45.92% in Q4FY2018 from 46.99% in the previous quarter and 46.21% in the corresponding quarter last year. Employee cost impacted...

Number of FII/FPI investors increased from 1330 to 1463 in Mar 2025 qtr.

Kotak Mahindra Bank Ltd.

03 May 2018

2090.10

-1.00%

Kotak Mahindra Bank - Result Update

Buy: Kotak Mahindra Bank Ltd.

Target

Reliance Securities

ff KMB witnessed a robust performance in profitability in its financial services and life insurance business subsidiaries. Notably, the Bank owns 100% stake in these subsidiaries. For the first time, the Bank disclosed the Embedded Value of its life insurance business to Rs58.2bn; which is relatively higher than the street expectations. ff Credit costs including standard assets provisioning stood at 61bps in FY18 compared to 56bps in FY17. Additionally, the Management guided the credit cost to trend down further in FY19. With major contribution from Business Banking, SME and Retail segment, the Bank expects loan growth of over 20% in FY19....

Kotak Mahindra Bank Ltd. is trading above its 200 day SMA of 1889.1

Kotak Mahindra Bank Ltd.

02 May 2018

2090.10

-1.00%

Kotak Mahindra Bank

Buy: Kotak Mahindra Bank Ltd.

Target

ICICI Securities Limited

Kotak Mahindra Bank (KMB) reported steady set of numbers. NII grew 19% YoY to |2579 crore, led by healthy credit offtake at 24.7% YoY to | 169718 crore. Margins improved QoQ to 4.35% from 4.2%. Healthy operational performance continued with PPP at | 2018 crore, up 18.6% YoY. Cost income ratio improved ~110 bps QoQ at 45.9%, despite one-time provision of ~82 crore related to change in gratuity ceiling. Credit cost remained lower, however, provision related to investment depreciation at ~| 132 crore (bank did not utilized...

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

Kotak Mahindra Bank Ltd.

02 May 2018

2090.10

-1.00%

Kotak Mahindra Bank: Strong but valuations add to discomfort

Sell: Kotak Mahindra Bank Ltd.

Karvy

Strong but valuations add to discomfort:The key highlight for the quarter is a sequential increase in margins consequent tophenomenal accretion in CASA and MCLR increase. All the other parameters remained encouraging: Loan and core fee income growth was strong, Asset quality was stable and Cost ratios continued to trend down.

Number of FII/FPI investors increased from 1330 to 1463 in Mar 2025 qtr.

Kotak Mahindra Bank Ltd.

01 May 2018

2090.10

-1.00%

Kotak Mahindra Bank (4QFY18): Marching ahead. Maintain BUY

Buy: Kotak Mahindra Bank Ltd.

Target

HDFC Securities

Maintain BUY with SOTP of Rs 1,371 (4.5x Mar-20 core ABV of Rs 238 + Rs 302 for subs). Even as KMB reported an expectedly impressive 4QFY18, CASA accretion stood out (Rs 240bn over FY18, 2x FY17). Loan growth (+25% YoY) was at an 8-qtr high, with robust fee growth (+33% YoY) and uptick in NIM (4.35%, +15bps QoQ). Asset quality improved further (G/NNPAs down 9/11bps QoQ). Zero restructured loans and negligible SMA-II (4bps) capped a perfect show. Despite the investments in 811 (Rs 1.5bn), opex growth was restricted to 17%.

Kotak Mahindra Bank Ltd. is trading below its 30 day SMA of 2139.3

Kotak Mahindra Bank Ltd.

30 Apr 2018

2090.10

-1.00%

Operating environment improving; Subs performance remains robust

Buy: Kotak Mahindra Bank Ltd.

Target

Motilal Oswal

Asset quality held stable, with NNPL declining by 3.6% QoQ, even as GNPL increased by 3% QoQ. PCR improved by 300bp QoQ to 56.5%, led by significantly higher-than-expected provisioning. GNPL/NNPL ratios, thus, improved 9bp/11bp QoQ to 2.22%/0.98%. SMA-2 advances stood at 4bp of loans at INR720m lowest-ever level since KMB started reporting the same. Loans grew 24.7% YoY (+6.7% QoQ); deposits rose 22.4% YoY (+6.5% QoQ). Share of core deposits (CASA+ TD less than INR50m) was 77% v/s 75% QoQ. Subs performance robust: a) KMPL reported PAT of INR1.6b (+20% YoY),...

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

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf