Company Valuation: Kotak Mahindra Bank Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 3,476,140 3,482,486 3,443,696 3,550,043 4,317,047 4,234,652 - -
Change - 0.18% -1.11% 3.09% 21.61% -1.91% - -
Enterprise Value (EV) 3,476,140 3,482,486 3,443,696 3,550,043 4,317,047 4,234,652 4,234,652 4,234,652
Change - 0.18% -1.11% 3.09% 21.61% -1.91% 0% 0%
P/E ratio 49.9x 40.8x 31.6x 25.8x 26.2x 29.8x 24.4x 20.5x
PBR 5.42x 4.8x 4.12x 3.67x 3.68x 3.24x 2.87x 2.53x
PEG - 1.8x 1.1x 1x 1.3x -2.2x 1.1x 1.1x
Capitalization / Revenue 16.7x 15x 12x 9.79x 10.9x 9.94x 8.52x 7.31x
EV / Revenue 0x 0x 0x 0x 0x 9.94x 8.52x 7.31x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 18.7x 15.7x 13.3x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.9 1.1 1.5 2 2.5 2.408 2.803 3.275
Rate of return 0.05% 0.06% 0.09% 0.11% 0.12% 0.11% 0.13% 0.15%
EPS 2 35.14 43.01 54.87 69.15 82.74 71.44 87.16 104.1
Distribution rate 2.56% 2.56% 2.73% 2.89% 3.02% 3.37% 3.22% 3.15%
Net sales 1 207,988 231,723 286,350 362,663 397,603 426,010 496,793 579,197
EBITDA - - - - - - - -
EBIT 1 122,147 120,509 148,480 195,874 210,066 226,514 269,425 319,492
Net income 1 69,648 85,727 109,393 137,816 164,501 141,818 173,394 207,531
Net Debt - - - - - - - -
Reference price 2 1,754.00 1,754.70 1,733.50 1,785.80 2,171.30 2,129.30 2,129.30 2,129.30
Nbr of stocks (in thousands) 1,981,836 1,984,662 1,986,557 1,987,929 1,988,232 1,988,753 - -
Announcement Date 5/3/21 5/4/22 4/29/23 5/4/24 5/3/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.81x - - 0.11% 47.14B
14.77x - - 1.93% 818B
13.98x - - 2.03% 391B
5.58x - - 5.57% 377B
14.05x - - 1.92% 279B
5.36x - - 5.55% 263B
5.52x - - 5.56% 245B
12.09x - - 4.98% 244B
14.87x - - 2.95% 229B
13.36x - - 2.97% 180B
Average 12.94x 3.36% 307.3B
Weighted average by Cap. 11.88x 3.34%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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