Financial Ratios Kotak Mahindra Bank Limited

Equities

KOTAKBANK

INE237A01028

Banks

Market Closed - Bombay S.E. Other stock markets 05:00:46 2025-12-04 am EST			5-day change	1st Jan Change
2,135.50 ^INR	-0.46%		+1.53%	+19.55%

Dec. 03	FUNDVIEW-India's Kotak Mahindra Asset Management lowering bond duration, exec says	RE
Nov. 28	INDIA BONDS-India bonds slide as strong growth data temper rate cut expectations	RE

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Published financial data: KOTAK MAHINDRA BANK LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Interest Income On Loans	328B	337B	422B	562B	657B
Interest Income, Total	328B	337B	422B	562B	657B
Interest On Deposits	130B	116B	144B	226B	283B
Interest Expense, Total	130B	116B	144B	226B	283B
Net Interest Income	199B	222B	277B	337B	374B
Gain (Loss) on Sale of Assets	387M	264M	108M	71.38M	458M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	53.8B	15.81B	-5.01B	74.17B	83.64B
Total Other Non Interest Income	186B	237B	265B	306B	328B
Non Interest Income, Total	240B	253B	260B	380B	412B
Revenues Before Provison For Loan Losses	438B	475B	537B	717B	786B
Provision For Loan Losses	32.6B	7.72B	6.11B	20.99B	39.12B
Total Revenues	406B	467B	531B	696B	747B
Salaries And Other Employee Benefits	58.54B	71.41B	84.79B	103B	120B
Stock-Based Compensation (IS)	18.22M	-	-	-	-
Occupancy Expense	18.81B	21.04B	27.42B	32B	38.82B
Selling General & Admin Expenses, Total	17.08B	23.73B	19.31B	23.86B	23.82B
(Income) Loss on Equity Invest.	-873M	-1.58B	-1.45B	-2.36B	-1.8B
Total Other Non Interest Expense	180B	192B	205B	299B	276B
Non Interest Expense, Total	273B	306B	335B	456B	456B
EBT, Excl. Unusual Items	133B	161B	196B	240B	291B
Other Unusual Items	-	-	1.71B	1.26B	528M
EBT, Incl. Unusual Items	133B	161B	198B	241B	292B
Income Tax Expense	32.65B	40.16B	48.66B	58.87B	70.43B
Earnings From Continuing Operations	99.9B	121B	149B	182B	221B
Net Income to Company	99.9B	121B	149B	182B	221B
Minority Interest	-	-	-	-	-
Net Income - (IS)	99.9B	121B	149B	182B	221B
Preferred Dividend and Other Adjustments	405M	405M	405M	385M	-
Net Income to Common Incl Extra Items	99.5B	120B	149B	182B	221B
Net Income to Common Excl. Extra Items	99.5B	120B	149B	182B	221B
Per Share Items
Net EPS - Basic	50.53	60.76	74.96	91.45	111.29
Basic EPS - Continuing Operations	50.53	60.76	74.96	91.45	111.29
Basic Weighted Average Shares Outstanding	1.97B	1.98B	1.99B	1.99B	1.99B
Net EPS - Diluted	50.49	60.73	74.94	91.45	111.29
Diluted EPS - Continuing Operations	50.49	60.73	74.94	91.45	111.29
Diluted Weighted Average Shares Outstanding	1.97B	1.98B	1.99B	1.99B	1.99B
Normalized Basic EPS	42.08	50.76	61.75	75.39	91.53
Normalized Diluted EPS	42.05	50.74	61.74	75.39	91.53
Dividend Per Share	0.9	1.1	1.5	2	2.5
Payout Ratio	0.41	1.81	1.73	1.85	1.8
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	24.63	24.94	24.59	24.43	24.15
Current Domestic Taxes	35.4B	39.03B	48.43B	58.85B	72.97B
Total Current Taxes	35.4B	39.03B	48.43B	58.85B	72.97B
Deferred Domestic Taxes	-2.75B	1.14B	228M	12.4M	-2.53B
Total Deferred Taxes	-2.75B	1.14B	228M	12.4M	-2.53B
Normalized Net Income	82.85B	101B	123B	150B	182B
Non-Cash Pension Expense	2.76B	1.23B	656M	1.31B	1.55B
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	18.22M	314M	456M	449M	367M
Total Stock-Based Compensation	18.22M	314M	456M	449M	367M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	367B	384B	248B	309B	391B
Investment Securities, Total	1,569B	1,701B	1,999B	2,497B	2,863B
Trading Asset Securities, Total	-	-	-	-	66.05B
Total investments	1,569B	1,701B	1,999B	2,497B	2,929B
Gross Loans	2,522B	3,045B	3,591B	4,304B	4,862B
Net Loans	2,522B	3,045B	3,591B	4,304B	4,862B
Gross Property Plant And Equipment	46.39B	50.6B	55.83B	64.02B	74.08B
Accumulated Depreciation	-28.98B	-31.51B	-33.22B	-38.39B	-45.97B
Net Property Plant And Equipment	17.4B	19.1B	22.61B	25.63B	28.11B
Goodwill	8.14B	8.14B	8.14B	9.48B	9.48B
Accrued Interest Receivable	43.42B	46.22B	53.86B	62.25B	74.34B
Other Receivables	8.02M	8.06M	6.33M	-	-
Restricted Cash	110B	143B	181B	343B	400B
Other Current Assets, Total	256M	206M	1.07B	2.63B	1.73B
Deferred Tax Assets Long-Term (Collected)	7.41B	6.28B	6.05B	6.32B	397M
Other Real Estate Owned And Foreclosed	-	-	-	-	-
Other Long-Term Assets, Total	144B	113B	93.41B	118B	102B
Total Assets	4,789B	5,465B	6,204B	7,677B	8,798B
Liabilities
Interest Bearing Deposits	2,274B	2,466B	2,924B	3,718B	4,136B
Non-Interest Bearing Deposits	514B	635B	689B	734B	811B
Total Deposits	2,789B	3,101B	3,613B	4,453B	4,947B
Short-Term Borrowings	-	-	-	-	69.03B
Long-Term Debt	477B	551B	570B	751B	976B
Current Income Taxes Payable	5.29B	6.82B	8.46B	8.78B	17.84B
Accrued Interest Payable	14.08B	8.88B	15.56B	30.32B	36.65B
Other Current Liabilities - (Bank / Utility Template)	23.97B	33.09B	30.88B	36.05B	36.4B
Pension & Other Post Retirement Benefits	79.8M	104M	372M	140M	193M
Deferred Tax Liability Non-Current	1.9B	2.18B	-	-	-
Other Non Current Liabilities	629B	790B	843B	1,098B	1,139B
Total Liabilities	3,940B	4,493B	5,081B	6,377B	7,223B
Preferred Stock Non Redeemable	5B	5B	5B	-	-
Total Preferred Equity	5B	5B	5B	-	-
Common Stock, Total	9.91B	9.92B	9.93B	9.94B	9.94B
Additional Paid In Capital	247B	250B	253B	255B	256B
Retained Earnings	578B	696B	843B	1,017B	1,226B
Comprehensive Income and Other	9.12B	10.23B	12.39B	17.9B	83.3B
Total Common Equity	843B	967B	1,118B	1,300B	1,575B
Minority Interest	-	-	-	-	-
Total Equity	848B	972B	1,123B	1,300B	1,575B
Total Liabilities And Equity	4,789B	5,465B	6,204B	7,677B	8,798B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.98B	1.98B	1.99B	1.99B	1.99B
ECS Total Common Shares Outstanding	1.98B	1.98B	1.99B	1.99B	1.99B
Book Value / Share	425.56	487.06	562.86	653.81	792.11
Tangible Book Value	835B	959B	1,110B	1,290B	1,565B
Tangible Book Value Per Share	421.45	482.96	558.76	649.04	787.34
Average Assets	-	-	-	-	-
Average Loans	-	-	-	-	-
Total Debt	477B	551B	570B	751B	1,045B
Deposits at Interest - Cash	333B	311B	200B	406B	509B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-291M	-972M	766M	1.89B	1.01B
Net Debt	111B	112B	276B	409B	568B
Equity Method Investments, Total	11.53B	13.08B	14.52B	16.88B	24.73B
Full Time Employees	73K	90K	103K	116K	114K
Number Of Offices	1.6K	1.7K	1.78K	1.95K	2.15K

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	99.9B	121B	149B	182B	221B
Depreciation, Depletion & Amortization	4.61B	4.8B	5.99B	7.92B	9.41B
Total Depreciation, Depletion & Amortization	4.61B	4.8B	5.99B	7.92B	9.41B
(Gain) Loss On Sale of Asset - (CF)	-387M	-264M	-108M	-71.38M	-38.49B
(Gain) Loss on Sale of Investments - (CF)	-45.73B	-10.99B	10.6B	-70.72B	-44.29B
Provision for Credit Losses	28.8B	8.51B	4.58B	18.98B	37.66B
Stock-Based Compensation (CF)	18.22M	314M	456M	449M	367M
Change in Other Net Operating Assets (Collected)	-223B	-352B	-695B	-818B	-516B
Other Operating Activities	-479M	1.15B	-442M	-3.87B	5.24B
Cash from Operations	-136B	-228B	-524B	-683B	-325B
Capital Expenditure	-3.69B	-6.7B	-9.87B	-11.27B	-12.13B
Sale of Property, Plant, and Equipment	684M	364M	261M	346M	648M
Cash Acquisitions	-	-	-	-5.32B	-
Divestitures	-	-	-	-	40.73B
Investment in Marketable and Equity Securities, Total	-108B	-105B	-95.9B	-74.73B	-282B
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-111B	-111B	-106B	-90.97B	-253B
Long-Term Debt Issued, Total	-	74.09B	18.74B	162B	225B
Total Debt Issued	-	74.09B	18.74B	162B	225B
Long-Term Debt Repaid, Total	-178B	-	-	-	-
Total Debt Repaid	-178B	-	-	-	-
Issuance of Common Stock	78.44B	3.59B	2.68B	1.99B	464M
Issuance of Preferred Stock	-	-	-	-	-
Repurchase of Preferred Stock	-	-	-	-5B	-
Common Dividends Paid	-	-	-	-	-
Preferred Dividends Paid	-405M	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-2.19B	-2.59B	-3.37B	-3.98B
Common & Preferred Stock Dividends Paid	-405M	-2.19B	-2.59B	-3.37B	-3.98B
Net Increase (Decrease) in Deposit Accounts - (CF)	185B	312B	512B	840B	494B
Other Financing Activities, Total	-375M	-533K	-	-	-
Cash from Financing	83.99B	388B	531B	995B	716B
Foreign Exchange Rate Adjustments	-562M	664M	1.69B	365M	698M
Miscellaneous Cash Flow Adjustments	-	-	-	1.41B	-232M
Net Change in Cash	-164B	49.49B	-97.4B	223B	139B
Supplemental Items
Cash Interest Paid	1.7B	1.31B	606M	393M	232M
Cash Income Tax Paid (Refund)	32.26B	37.44B	47.65B	60.38B	63.39B
Net Debt Issued / Repaid	-178B	74.09B	18.74B	162B	225B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.17	2.36	2.56	2.62	2.69
Return On Equity %	13.15	13.28	14.25	15.03	15.39
Return on Common Equity	13.18	13.31	14.28	15.03	15.39
Shareholders Value Added	9.32B	12.29B	24.16B	37.06B	48.78B
Margin Analysis
SG&A Margin	24.06	25.63	25.5	23.57	25.15
Net Interest Income / Total Revenues %	48.91	47.48	52.22	48.37	50.05
EBT Excl. Non-Recurring Items Margin %	32.66	34.47	36.93	34.44	38.97
Income From Continuing Operations Margin %	24.61	25.87	28.1	26.17	29.61
Net Income Margin %	24.61	25.87	28.1	26.17	29.61
Net Avail. For Common Margin %	24.51	25.79	28.02	26.11	29.61
Normalized Net Income Margin	20.41	21.54	23.08	21.53	24.36
Asset quality
Nonperforming Loans / Total Loans %	3.28	2.41	1.79	1.39	1.46
Nonperforming Loans / Total Assets %	1.73	1.34	1.03	0.78	0.81
Nonperforming Assets / Total Assets %	1.73	1.34	1.03	0.78	0.81
NPAs / Loans and OREO	3.28	2.41	1.79	1.39	1.46
NPAs / Equity	9.75	7.55	5.72	4.62	4.52
Net Charge-offs / Total Average Loans %	-	-	-	-	-
Provision for Loan Losses / Net Charge-offs %	644.51	74.99	132.73	118.12	166.06
Earning Assets / IBL	-	-	-	-	-
Interest Income / Average Assets	-	-	-	-	-
Interest Expense / Average Assets	-	-	-	-	-
Net Interest Income / Average Assets	-	-	-	-	-
Non Interest Income / Average Assets	-	-	-	-	-
Non Interest Expense / Average Asset	-	-	-	-	-
Capital And Funding
Total Average Common Equity / Total Average Assets %	16.37	17.65	17.87	17.42	17.45
Total Average Equity / Total Average Assets %	16.48	17.75	17.95	17.45	17.45
Total Equity + Allowance for Loan Losses / Total Loans %	33.64	31.91	31.28	30.2	32.39
Gross Loans / Total Deposits %	90.43	98.19	99.4	96.65	98.27
Net Loans / Total Deposits %	90.43	98.19	99.4	96.65	98.27
Tier 1 Capital Ratio %	22.65	-	-	-	-
Total Capital Ratio %	23.39	23.7	23.25	21.82	23.31
Core Tier 1 Capital Ratio	-	-	22.27	20.72	22.34
Tier 2 Capital Ratio	-	-	-	-	-
Interbank Ratio	32.07	37.15	75.46	37.49	42.55
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	2.02	2.39	2.37	2.07	2.03
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	12.97	11.76	25.03	21.38	11.06
Non Interest Income, 1 Yr. Growth %	42.05	7.3	4.21	46.35	8.4
Provision For Loan Losses, 1 Yr. Growth %	27.43	-72.95	-61.98	243.69	86.4
Total Revenues, 1 Yr. Growth %	27.21	15.12	16.69	31.04	7.34
Earnings From Cont. Operations, 1 Yr. Growth %	16.25	21.01	23.46	22.03	21.48
Net Income, 1 Yr. Growth %	16.25	21.01	23.46	22.03	21.48
Normalized Net Income, 1 Yr. Growth %	16.2	21.5	28.48	22.19	21.45
Diluted EPS Before Extra, 1 Yr. Growth %	13	20.28	23.4	22.03	21.69
Dividend Per Share, 1 Yr. Growth %	-	22.22	36.36	33.33	25
Gross Loans, 1 Yr. Growth %	0.92	20.74	17.94	19.84	12.97
Net Loans, 1 Yr. Growth %	0.92	20.74	17.94	19.84	12.97
Non Performing Loans, 1 Yr. Growth %	50.8	-11.38	-12.48	-6.48	18.47
Non Performing Assets, 1 Yr. Growth %	50.8	-11.38	-12.48	-6.48	18.47
Total Assets, 1 Yr. Growth %	8.06	14.13	13.53	23.73	14.6
Total Deposits, 1 Yr Growth %	7.09	11.19	16.51	23.25	11.1
Tangible Book Value, 1 Yr. Growth %	26.89	14.76	15.8	16.24	21.33
Average Interest Earning Assets, 1 Yr. Growth %	-	-	-	-	-
Average Interest Bearing Liabilities, 1 Yr. Growth %	-	-	-	-	-
Common Equity, 1 Yr. Growth %	26.56	14.62	15.67	16.24	21.17
Total Equity, 1 Yr. Growth %	26.37	14.53	15.59	15.72	21.17
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	16.43	12.36	18.21	23.19	16.1
Non Interest Income, 2 Yr. CAGR %	21.9	22.41	4.97	23.49	25.95
Provision For Loan Losses, 2 Yr. CAGR %	76.59	-45.08	-53.73	14.32	153.11
Total Revenues, 2 Yr. CAGR %	16.81	21.01	14.4	23.66	18.6
Earnings From Cont. Operations, 2 Yr. CAGR %	17.76	18.61	22.23	22.74	21.76
Net Income, 2 Yr. CAGR %	17.76	18.61	22.23	22.74	21.76
Normalized Net Income, 2 Yr. CAGR %	11.51	18.82	21.66	25.3	21.82
Diluted EPS Before Extra, 2 Yr. CAGR %	15.93	16.59	21.83	22.71	21.86
Dividend Per Share, 2 Yr. CAGR %	6.07	-	29.1	34.84	29.1
Gross Loans, 2 Yr. CAGR %	1.78	10.38	19.33	18.89	16.35
Net Loans, 2 Yr. CAGR %	1.78	10.38	19.33	18.89	16.35
Non Performing Loans, 2 Yr. CAGR %	-	15.6	-11.93	-9.53	5.26
Non Performing Assets, 2 Yr. CAGR %	-	15.6	-11.93	-9.53	5.26
Total Assets, 2 Yr. CAGR %	10.08	11.05	13.83	18.52	19.08
Total Deposits, 2 Yr CAGR %	11.37	9.12	13.82	19.83	17.02
Tangible Book Value, 2 Yr. CAGR %	21.09	20.67	15.28	16.02	18.76
Common Equity, 2 Yr. CAGR %	20.81	20.44	15.14	15.95	18.68
Total Equity, 2 Yr. CAGR %	20.65	20.3	15.06	15.66	18.42
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	16.17	14.85	16.43	19.25	19.01
Non Interest Income, 3 Yr. CAGR %	20.59	16.16	15.45	17.27	18.24
Provision For Loan Losses, 3 Yr. CAGR %	47.07	-9.62	-37.97	-9.72	34.55
Total Revenues, 3 Yr. CAGR %	17.03	16.24	18.52	19.7	17.96
Earnings From Cont. Operations, 3 Yr. CAGR %	16.87	18.83	20.2	22.16	22.32
Net Income, 3 Yr. CAGR %	17.23	18.83	20.2	22.16	22.32
Normalized Net Income, 3 Yr. CAGR %	13.04	14.75	19.81	21.84	24
Diluted EPS Before Extra, 3 Yr. CAGR %	15.63	17.36	18.81	21.9	22.37
Dividend Per Share, 3 Yr. CAGR %	8.74	11.2	-	30.5	31.48
Gross Loans, 3 Yr. CAGR %	6.98	7.74	12.85	19.5	16.88
Net Loans, 3 Yr. CAGR %	6.98	7.74	12.85	19.5	16.88
Non Performing Loans, 3 Yr. CAGR %	26.68	-	5.36	-10.15	-1.02
Non Performing Assets, 3 Yr. CAGR %	26.68	-	5.36	-10.15	-1.02
Total Assets, 3 Yr. CAGR %	12.35	11.41	11.87	17.04	17.2
Total Deposits, 3 Yr CAGR %	13.4	11.31	11.53	16.88	16.85
Tangible Book Value, 3 Yr. CAGR %	18.9	18.94	19.03	15.6	17.76
Common Equity, 3 Yr. CAGR %	18.65	18.71	18.83	15.51	17.67
Total Equity, 3 Yr. CAGR %	18.89	18.57	18.71	15.28	17.47
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	16.43	15.35	16.98	18.12	16.3
Non Interest Income, 5 Yr. CAGR %	25.75	16.77	13.69	18.69	19.54
Provision For Loan Losses, 5 Yr. CAGR %	26.87	-4.05	-9.84	14.96	8.87
Total Revenues, 5 Yr. CAGR %	20.59	16.71	15.97	18.53	18.55
Earnings From Cont. Operations, 5 Yr. CAGR %	23.17	19.22	18.99	20.38	20.82
Net Income, 5 Yr. CAGR %	23.63	19.6	19.2	20.38	20.82
Normalized Net Income, 5 Yr. CAGR %	21.47	17.22	16.41	17.6	20.61
Diluted EPS Before Extra, 5 Yr. CAGR %	21.76	17.72	18.07	19.47	20.02
Dividend Per Share, 5 Yr. CAGR %	12.47	12.89	16.47	20.11	-
Gross Loans, 5 Yr. CAGR %	11.74	12.75	11.76	12.07	14.24
Net Loans, 5 Yr. CAGR %	11.74	12.75	11.76	12.07	14.24
Non Performing Loans, 5 Yr. CAGR %	23.87	15.43	9.54	-	5.32
Non Performing Assets, 5 Yr. CAGR %	23.87	15.43	9.54	-	5.32
Total Assets, 5 Yr. CAGR %	14.74	14.62	12.93	14.2	14.7
Total Deposits, 5 Yr CAGR %	15.45	14.8	13.57	14.65	13.7
Tangible Book Value, 5 Yr. CAGR %	20.15	20.02	17.44	17.76	18.92
Common Equity, 5 Yr. CAGR %	20.38	20.22	17.24	17.6	18.77
Total Equity, 5 Yr. CAGR %	20.24	20.05	17.34	17.4	18.59