કોટક મહિન્દ્રા બેંક, ફેડરલ બેંક ડ્યુશ બેંકના ભારત રિટેલ અને વેલ્થ બિઝનેસ માટે સ્પર્ધા કરી રહ્યા છે

Banking/Finance

Published on 20th November 2025, 12:50 AM

Author

Simar Singh | Whalesbook News Team

Overview

ભારતીય પ્રાઇવેટ ધિરાણકર્તાઓ કોટક મહિન્દ્રા બેંક અને ફેડરલ બેંક, ડ્યુશ બેંકના ભારતમાં રિટેલ અને વેલ્થ મેનેજમેન્ટ વ્યવસાયોને હસ્તગત કરવા માટે અદ્યતન વાટાઘાટોમાં છે. આ ડ્યુશ બેંકની દેશમાં રિટેલ કામગીરીમાંથી બહાર નીકળવાની વૈશ્વિક વ્યૂહરચનાનો એક ભાગ છે. આ સોદામાં વ્યક્તિગત લોન, મોર્ટગેજ (mortgages) અને લગભગ ₹25,000 કરોડની સંપત્તિનું સંચાલન કરતા વેલ્થ મેનેજમેન્ટ પોર્ટફોલિયોનો સમાવેશ થઈ શકે છે.

Kotak Mahindra Bank Ltd

₹ 2,088-0.52%

21 Nov – close price

🔗kotak.com•BSE: 500247•NSE: KOTAKBANK

Market Cap₹ 4,15,529 Cr.

Current Price₹ 2,088

High / Low₹ 2,302

Stock P/E31.0

Book Value₹ 629

Dividend Yield0.12 %

ROCE7.45 %

ROE15.4 %

Face Value₹ 5.00

Sales₹ 54,443 Cr.

OPM57.9 %

Mar Cap₹ 4,15,529 Cr.

ABOUT

Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance.[1]

KEY POINTS

Market ShareThe company ranks4thin both deposit and gross advances market share. Its securities broking business held an11.8% market sharein FY24, while the asset management business had a6.5% market share.[1]

Peer Comparision

S.No.	Name	Current Price (Rs.)	Price to Earning	Market Capitalization (Rs.Cr.)	Dividend yield (%)	Net Profit latest quarter (Rs.Cr.)	YOY Quarterly profit growth (%)	Sales latest quarter (Rs.Cr.)	YOY Quarterly sales growth (%)	Return on capital employed (%)	Sales (Rs.Cr.)	OPM (%)	Profit after tax (Rs.Cr.)	Profit after tax latest quarter (Rs.Cr.)	Price to book value	Return on assets (%)	Debt to equity
1.	HDFC Bank	998.05	21.21	1535054.85	1.10	20363.77	10.01	86993.84	4.81	7.51	346185.22	42.61	72360.07	19610.67	2.84	1.74	6.30
2.	ICICI Bank	1369.50	18.37	978982.69	0.80	14318.15	3.16	48180.91	4.00	7.87	192684.91	28.30	53300.25	13357.06	2.94	2.18	5.58
3.	Kotak Mah. Bank	2087.80	31.03	415528.64	0.12	3253.33	-2.70	13649.41	3.28	7.45	54443.30	57.94	13391.55	3253.33	3.32	2.54	4.42
4.	Axis Bank	1275.80	15.24	395952.07	0.08	5566.56	-25.31	32309.77	2.24	7.11	129272.60	59.67	25988.99	5527.85	2.00	1.78	7.28
5.	IDBI Bank	100.24	11.60	107729.68	2.09	3240.77	73.56	7109.01	-4.51	6.78	28937.85	70.49	9284.32	3229.58	1.58	1.97	4.81
6.	Yes Bank	22.43	24.80	70343.91	0.00	664.31	17.25	7388.75	-4.50	6.36	30449.57	59.65	2836.87	664.31	1.43	0.59	7.29
7.	IDFC First Bank	78.33	46.85	67318.21	0.32	347.80	64.10	9936.93	10.94	6.22	38335.01	32.47	1437.04	347.80	1.24	0.46	6.85
–	Median: 20 Co.	246.06	15.24	23965.51	0.74	349.59	3.95	4430.65	3.64	6.95	17851.24	59.66	1397.21	349.59	1.33	1.35	7.29

Quarterly Results

Standalone figures in ₹ crores

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	–	–	–	–	–	–	–	–	–	–	–	–	–
Expenses	3,501	3,900	3,789	4,332	4,368	4,863	4,690	5,096	5,265	5,432	5,903	5,983	5,579
Operating Profit	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Income	1,832	1,948	2,186	2,683	2,315	2,297	2,978	6,449	2,684	2,623	3,182	3,080	2,589
Profit before tax	3,431	3,701	4,500	4,585	4,244	3,987	5,198	8,196	4,439	4,387	4,563	4,356	4,321
Tax %	25%	25%	22%	25%	25%	25%	20%	24%	25%	25%	22%	25%	25%
Net Profit	2,581	2,792	3,496	3,452	3,191	3,005	4,133	6,250	3,344	3,305	3,552	3,282	3,253
EPS in Rs	13.00	14.06	17.60	17.37	16.06	15.12	20.79	31.44	16.82	16.62	17.86	16.50	16.36

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	–	–	–	–	–	–	–	–	–	–	–	–	–
Expenses	2,682	3,226	6,102	6,165	7,063	8,110	10,695	10,676	11,062	13,782	18,198	20,990	22,898
Operating Profit	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Income	1,400	2,028	2,612	3,477	4,052	4,657	5,372	5,007	5,986	7,083	10,833	14,961	11,474
Interest	5,047	5,496	9,484	9,573	10,217	12,684	13,430	11,501	10,221	12,699	19,806	24,578	25,393
Depreciation	165	193	287	291	303	367	372	367	381	462	615	729	0
Profit before tax	2,272	2,833	3,124	5,148	6,218	7,386	7,805	9,303	11,361	14,391	18,014	21,584	17,626
Net Profit	1,503	1,866	2,090	3,412	4,084	4,865	5,947	6,965	8,573	10,939	13,782	16,450	13,392
EPS in Rs	9.75	12.08	11.39	18.53	21.43	25.49	31.09	35.14	43.19	55.07	69.33	82.74	67.34
Dividend Payout %	4%	4%	4%	3%	3%	3%	0%	3%	3%	3%	3%	3%	–

Compounded Sales Growth

10 Years:18%

5 Years:14%

3 Years:25%

TTM:9%

Compounded Profit Growth

10 Years:24%

5 Years:23%

3 Years:24%

TTM:-5%

Stock Price CAGR

10 Years:12%

5 Years:2%

3 Years:2%

1 Year:19%

Return on Equity

10 Years:14%

5 Years:14%

3 Years:15%

Last Year:15%

Balance Sheet

Standalone figures in ₹ crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	385	386	917	920	953	954	957	991	992	993	994	994	994
Reserves	11,898	13,758	23,045	26,697	36,531	41,446	47,562	62,238	70,995	82,027	95,725	116,246	124,163
Borrowings	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Liabilities	3,334	4,858	8,679	8,451	9,652	11,143	10,420	15,990	19,289	19,830	26,316	28,997	29,122
Total Liabilities	87,585	106,012	192,260	214,590	264,933	312,172	360,252	383,470	429,428	489,862	600,357	693,735	706,967
Fixed Assets	1,107	1,207	1,552	1,538	1,527	1,652	1,623	1,535	1,644	1,920	2,155	2,359	2,432
Gross Block	1,877.51	2,145.81	3,455.85	3,692.74	3,728.04	3,636.53	3,676.29	3,786.12	4,087.46	4,466.74	5,100.24	5,963.75	–
Accumulated Depreciation	770.57	939.11	1,904.26	2,155.11	2,200.88	1,984.98	2,053.16	2,250.85	2,443.75	2,546.41	2,944.94	3,604.89	–
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	25,485	28,659	51,260	45,074	64,562	71,189	75,052	105,099	100,580	121,404	155,404	181,907	172,994
Other Assets	60,994	76,146	139,448	167,978	198,844	239,331	283,577	276,836	327,204	366,538	442,798	509,468	531,541
Total Assets	87,585	106,012	192,260	214,590	264,933	312,172	360,252	383,470	429,428	489,862	600,357	693,735	706,967

Cash Flows

Standalone Figures in ₹ Crores / Yearly

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	9,002	4,463	6,134	14,412	-10,275	-3,388	30,159	-5,298	2,161	-8,369	13,901	12,806
Cash from Investing Activity	-549	-3,454	-52	-2,976	-2,514	810	-7,426	-1,782	-1,320	529	2,031	-19,538
Cash from Financing Activity	-6,162	-727	-1,464	257	9,837	7,633	5,883	-6,586	2,456	-2,542	4,314	19,723
Net Cash Flow	2,291	282	4,617	11,692	-2,952	5,055	28,617	-13,666	3,297	-10,382	20,246	12,991

Ratios

Standalone Figures in ₹ Crores / Yearly

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	–	–	–	–	–	–	–	–	–	–	–	–
Inventory Days	–	–	–	–	–	–	–	–	–	–	–	–
Days Payable	–	–	–	–	–	–	–	–	–	–	–	–
Cash Conversion Cycle	–	–	–	–	–	–	–	–	–	–	–	–
Working Capital Days	–	–	–	–	–	–	–	–	–	–	–	–
ROCE %	–	–	–	–	–	–	–	–	–	–	–	–

Shareholding Pattern
Numbers in percentages

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	25.95%	25.95%	25.94%	25.92%	25.91%	25.90%	25.89%	25.88%	25.88%	25.88%	25.88%	25.87%
FIIs	40.90%	39.42%	41.54%	40.97%	39.74%	37.59%	33.16%	33.39%	32.48%	32.65%	32.34%	29.75%
DIIs	20.09%	21.31%	19.57%	20.00%	21.38%	23.40%	27.69%	27.88%	28.79%	29.13%	29.61%	32.02%
Public	13.05%	13.30%	12.92%	13.11%	12.98%	13.11%	13.26%	12.84%	12.83%	12.34%	12.18%	12.35%