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Company details

1,811.85
1,837.90
1,630.00
2,252.45
6M Return -0.96%
1Y Return -8.72%
Mkt Cap.(Cr) 360,951.90
Volume 32,419
Div Yield 0.06%
OI
-
OI Chg %
-
Volume 32,419

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Data not found

Investment recommendation

Growth trajectory continue to be healthy…

Call Date

24 Jul 2022

Entry Price

1,826.00

Target Price

2,200.00

Duration

12-18 Month

Rapid Results

Q1FY23 Quarterly Result Announced for Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank Announced Q1FY23 Result :

  • Kotak Mahindra Bank Consolidated PAT for Q1FY23 Rs 2,755 crore, up 53 % YoY
  • Standalone PAT for Q1FY23 Rs 2,071 crore, up 26 % YoY
  • Consolidated PAT for Q1FY23 was Rs 2,755 crore, up 53% from Rs1,806 crore in Q1FY22 (Rs 3,892 crore for Q4FY22).
  • AUM (Policyholders’) of Kotak Mahindra Life Insurance as on June 30, 2022 grew 15% YoY to Rs 51,082 crore.
  • At the consolidated level, the Return on Assets (ROA) (annualized) was 2.04% for Q1FY23 (1.49% for Q1FY22).
  • Consolidated Capital adequacy ratio as per Basel III as at June 30, 2022 was 23.3% and CET I ratio was 22.4%. (excluding unaudited profits)
  • Consolidated Capital and Reserves & Surplus as at June 30, 2022 was Rs 1,00,078 crore ( Rs 86,768 crore as at June 30, 2021). The Book Value per Share was Rs 502 .
  • Consolidated Customer Assets grew by 28% from Rs 2,63,995 crore as at June 30, 2021 to Rs 337,112 crore as at June 30, 2022.
  • Total assets managed / advised by the Group as at June 30, 2022 were Rs 378,283 crore up 10% over Rs 343,708 crore as at June 30, 2021.
  • The Relationship Value of the customers of Private Banking, Priority Banking and Investment Advisory was  Rs 5,01,000 crore as at June 30, 2022 up 24% from Rs 404,000 crore as at June 30, 2021.
  • Kotak Mahindra Bank standalone results
    • The Bank’s PAT for Q1FY23 stood at Rs 2,071 crore, up 26% from Rs1,642 crore in Q1FY22.
    • Net Interest Income (NII) for Q1FY23 increased to Rs 4,697 crore, from Rs 3,942 crore in Q1FY22, up 19%. Net Interest Margin (NIM) was 4.92% for Q1FY23.
    • Fees and services for Q1FY23 was Rs 1,656 crore, up 42% YoY.
    • Operating profit for Q1FY23 was Rs 2,783 crore (Q1FY22:Rs 2,890 crore)
    • Customers as at June 30, 2022 were 34.5 mn (26.8 mn as at June 30, 2021)
    • Customer Assets, which includes Advances and Credit substitutes, increased by 29% to Rs 303,629 crore as at June 30, 2022 from Rs 2,35,340 crore as at June 30, 2021 (Rs 292,481 crore as at March 31, 2022). Advances increased by 29% to Rs 280,171 crore as at June 30, 2022 from Rs 217,447 crore as at June 30, 2021 (Rs 2,71,254 crore as at March 31, 2022).
    • Average Fixed Rate Savings deposits was Rs 114,237 crore as at June 30, 2022 up 8% (June 30, 2021 Rs105,724 crore). Average Term deposit up 16% from Rs 112,406 crore for Q1FY22 to Rs 130,035 crore for Q1FY23.
    • As at June 30, 2022, COVID related provisions stood at Rs 482 crore. In accordance with COVID Resolution Framework announced by RBI, the Bank has standard restructured fund-based outstanding of Rs 379 crore (0.14% of Advances). Under the MSME Resolution Framework, the Bank has standard restructured fund-based outstanding of Rs 697 crore (0.25% of Advances) as at June 30, 2022.
    • As at June 30, 2022, GNPA was 2.24% & NNPA was 0.62%. Credit cost on advances for Q1FY23 was 16 bps (annualised) (excluding COVID & restructuring provision/reversal). The provision coverage ratio stood at 72.6%
    • Capital adequacy ratio of the Bank, as per Basel III, as at June 30, 2022 was 22.1% and CET I ratio of 21.0% (excluding unaudited profits)

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 97,134.03 Cr FV: 5.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 15,509.20 -8,578.65
LAST 3M 18,287.41 29,096.76
LAST 6M 90,792.99 -64,390.79
LAST 12M 213,883.43 -208,257.14
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Aug 11, 2022 Dividend 22
Aug 11, 2021 Dividend 18

Information

  • About Company
  • Company Info
  • Listing Info
27.69
25.97%
486.643
12.62%

Registered Address

27 BKC C-27 G-Block, Bandra Kurla Complex Bandra(E), Mumbai, Maharashtra, 400051

Tel : 91-22-61660001
Email : investor.greivances:kotak.com
Website : http://www.kotak.com

Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 500247
NSE Code : KOTAKBANK
Book Closure Date (Month) :
BSE Group : A
ISIN : INE237A01028

ICICIdirect Kotak Mahindra Bank Ltd FAQ

You can buy Kotak Mahindra Bank Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Kotak Mahindra Bank Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Oct 06, 2022 04:01 PM the closing price of Kotak Mahindra Bank Ltd was ₹ 1,818.00.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 06, 2022 04:01 PM, the market cap of Kotak Mahindra Bank Ltd stood at ₹ 360,951.90.
The latest PE ratio of Kotak Mahindra Bank Ltd as of Oct 06, 2022 04:01 PM is 27.69
The latest PB ratio of Kotak Mahindra Bank Ltd as of Oct 06, 2022 04:01 PM is 0.27
The 52-week high of Kotak Mahindra Bank Ltd is ₹ 2,252.45 while the 52-week low is ₹ 1,630.00 .
According to analyst recommendations, Kotak Mahindra Bank Ltd has a “Buy” rating for the long term.

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