NSE: KOTAKBANK | BSE: 500247

Mid-range Performer

Download real time

2065.80 -5.50 (-0.27%)

28.92% Gain from 52W Low

3.4M NSE+BSE Volume

NSE 22 May, 2025 3:31 PM (IST)

410,738.2

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.

22 Jan 2018, 12:00AM

2065.80

-0.27%

Kotak Mahindra Bank - 3QFY18 Result Update

Buy: Kotak Mahindra Bank Ltd.

Target

Reliance Securities

ff With the positive initial response to Digital 811 Account, KMB expects the traction to continue in FY19 as well. However, standalone opex was partially impacted due to higher promotional cost for same. The Management has clearly indicated that apart from organic growth, the...

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

Kotak Mahindra Bank Ltd.

20 Jan 2018

2065.80

-0.27%

Kotak Mahindra Bank Ltd Q3FY18 results comment

Results Update: Kotak Mahindra Bank Ltd.

HDFC Securities

Kotak Mahindra Bank Ltd Q3FY18 results comment NII grew to Rs. 3185.9 Cr in Q3FY18 compared to Rs. 3085.26 Cr in Q2FY18

Kotak Mahindra Bank Ltd. is trading above its 200 day SMA of 1891.8

Kotak Mahindra Bank Ltd.

20 Jan 2018

2065.80

-0.27%

Q3FY18 Result Update - Better and in-line performance

Accumulate: Kotak Mahindra Bank Ltd.

Target

Prabhudas Lilladhar

KMB earnings were inline with expectations with Cons PAT of Rs16.2bn & StandalonePATofRs10.5bn.Loangrowthimprovedby23%YoYpartlyduetobase effect and strong growth in retail & corporate segments. Margins came off by 13bpsQoQto4.2%whichwereanegativesurpriseandshowedpressureonyields asreiteratedbyuspreviously.Managementexpectsloangrowthtoremainstrong and margin trajectory to improve/stabilize from hereon. We continue to see productivity gains, improvement in CASA and better subsidiary performance to helpoverallearningsgrowth.WeretainAccumulatewithrevisedTPofRs1,165...

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

Kotak Mahindra Bank Ltd.

20 Jan 2018

2065.80

-0.27%

Kotak Mahindra Bank : Operating environment improving; Subs performance remains robust

Buy: Kotak Mahindra Bank Ltd.

Target

Motilal Oswal

Margin contracted another 13bp QoQ to 4.2%, while fee growth stood at a healthy 14% YoY. CASA deposits grew 34% YoY to INR843.9b, of which SA deposits grew 52% YoY (+9% QoQ). However, the CASA ratio declined 110bp QoQ (+470bp YoY) to 46.7%. Absolute GNPA declined 2.6% QoQ, while the GNPL ratio improved by 16bpQoQ to 2.31%. PCR (cal.) improved by 419bp QoQ to 53.9%. Restructured loans stood stable at INR670m (4bp), while SMA2 accounts increased to19bp of loans (INR3.08b) v/s 16bp in the previous quarter. Loans grew 23% YoY (+4% QoQ), while deposits increased 21% YoY (+9%QoQ). KMB guided for 20%+ loan growth, as it sees improving trends in the micro environment. Share of core deposits (CASA+less than INR50m retail TD) stood at 75% (77% in 2QFY18)

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

Kotak Mahindra Bank Ltd.

19 Jan 2018

2065.80

-0.27%

Kotak Mahindra Bank (3QFY18): Firing on all cylinders. Maintain BUY

Buy: Kotak Mahindra Bank Ltd.

Target

HDFC Securities

Maintain BUY with a SOTP of Rs 1,212 (4.5x Dec-19 core ABV of Rs 226 + sub value of Rs 193). KMBs stellar show continued with (1) Sustained growth momentum (+20% for 2nd consecutive qtr), (2) Creditable SA accretion (+54% YoY) on a higher base, (3) Further improvement in asset quality coupled with a jump in PCR and (4) increasing oplev. While NIM dipped sequentially, it remains healthy at 4.2%. Subsidiaries contribution to the profitability pie increased (35% of consol PAT) largely driven by a flourishing equity market related subs.

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

Kotak Mahindra Bank Ltd.

10 Jan 2018

2065.80

-0.27%

Kotak Mahindra

Buy: Kotak Mahindra Bank Ltd.

Target

KRChoksey

Advances stood at INR 1,591 bn, +23% yoy/4% qoq, driven by both corporate as well the retail segment. At INR 653.8 bn, retail book is up 27% yoy/7% qoq while the corporate book at INR 936.9 bn is up 21% yoy/3% qoq. NIMs (calc.) stood at 4.1% versus 4.2% during Q2FY18/4.4% during Q3FY17. NII at INR 24 bn was up 17% yoy/4% qoq. With strong non-interest revenue performance (+14% yoy/+9% qoq), total income stood at INR 34 bn, +16% yoy/+5% qoq. Operational efficiencies have continued to kick in in terms of merger synergies and increased productivity due to digital measures being undertaken. Operating profit at INR 18 bn was up 20% yoy and 5.5% qoq. The bank witnessed improved credit quality and thus provisioning was only 2 bn translating into credit costs of 40 bps, down marginally qoq. Net profit was at Rs. 10.5 bn, up 20% yoy and 6% qoq, translating into ROE of 11.6%. We expect as operational synergies from the merger continue to be realized and as further...

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

Kotak Mahindra Bank Ltd.

31 Oct 2017

2065.80

-0.27%

Result Update:Kotak Mah. Bank

Hold: Kotak Mahindra Bank Ltd.

Axis Direct

KMBs Q2FY18 PAT grew 22% YoY to Rs 9.9 bn on lower-than-expected operating expenses and provisions. Key highlights of the result: loan growth at 21% YoY continued to gain momentum, while CASA ratio increased by ~400 bps QoQ to 47.8%.

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

Kotak Mahindra Bank Ltd.

26 Oct 2017

2065.80

-0.27%

Kotak Mahindra Bank (2QFY18): Growth mojo. Maintain BUY

Buy: Kotak Mahindra Bank Ltd.

Target

HDFC Securities

Maintain BUY with a SOTP of Rs 1,179 (4.5x Sept-19 core ABV of Rs 220 + sub value of Rs 187) Clarity of mgt intent coupled with yet another strong show reaffirms our belief in KMBs growth story. Healthy NIMs (4.33%, despite relatively higher SA rates), strong loan growth (+21%), fee traction (+29%), controlled opex (flat QoQ) and stable asset quality, with a miniscule exposure to stressed/IBC a/cs, led to 22% growth in net earnings.

Kotak Mahindra Bank Ltd. is trading below its 30 day SMA of 2135.1

Kotak Mahindra Bank Ltd.

26 Oct 2017

2065.80

-0.27%

Kotak Mahindr Bank - 2QFY18 Result Update

Buy: Kotak Mahindra Bank Ltd.

Reliance Securities

Performance Continues to be Stable; Maintain BUY Kotak Mahindra Bank (KMB) has reported a healthy performance in 2QFY18 as both standalone and consolidated net profit recorded a healthy growth. Its standalone PAT grew by 22.3% YoY and 8.9% QoQ to Rs9.9bn on the back of healthy growth in customer assets (+20.7% YoY & +6.1% QoQ), best-in-class NIMs (4.3%) and strong growth in core fee income (+28.6% YoY & +0.6% QoQ). Further, the Bank's consolidated PAT surged by 20% YoY and 7% QoQ to Rs14.4bn backed by strong bottom line growth recorded by Kotak Prime (+15.4% YoY & 13.6% QoQ to Rs1.5bn), Kotak Life (+57.7% YoY and -2.9% QoQ to Rs1bn) and Kotak Securities (+22.9% YoY...

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

Kotak Mahindra Bank Ltd.

26 Oct 2017

2065.80

-0.27%

Kotak Mahindra Bank

Results Update: Kotak Mahindra Bank Ltd.

SMC online

Kotak Mahindra Bank Ltd.'s quarterly earnings met estimates, and asset quality remained stable. On the consolidated front, the bank has reported 20% growth in the net profit at Rs 1440.68 crore, with the NII rising 16% to Rs 3085.26 crore in the quarter ended September 2017. Non-interest income rose 7% to Rs 3074.18 crore and Net Total Income moved up 11% to Rs 6159.44 crore in the quarter ended September 2017. The expense ratio...

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

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