Kotak Mahindra Bank (KOTAKBANK) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
191.7B
Net Income
44.7B
23.33%
EPS (Diluted)
₹22.49
Balance Sheet Metrics
Total Assets
8.8T
Total Liabilities
7.2T
Shareholders Equity
1.6T
Debt to Equity
4.59
Cash Flow Metrics
Revenue & Profitability Trend
Kotak Mahindra Bank Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 762.9B | 696.7B | 518.6B | 459.7B | 426.1B |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 27.7B | 29.4B | 26.4B | 18.6B | 11.8B |
| Other Operating Expenses | 181.1B | 209.5B | 121.9B | 126.0B | 139.1B |
| Total Operating Expenses | 208.8B | 238.8B | 148.3B | 144.6B | 150.9B |
| Operating Income | - | - | - | - | - |
| Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Non-Operating Items | |||||
| Interest Income | - | - | - | - | - |
| Interest Expense | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 289.9B | 238.6B | 196.5B | 119.3B | 99.0B |
| Income Tax | 70.4B | 58.9B | 48.7B | 40.2B | 32.7B |
| Effective Tax Rate % | 24.3% | 24.7% | 24.8% | 33.7% | 33.0% |
| Net Income | 221.3B | 182.1B | 149.3B | 80.7B | 67.2B |
| Net Margin % | 29.0% | 26.1% | 28.8% | 17.6% | 15.8% |
| Key Metrics | |||||
| EBITDA | - | - | - | - | - |
| EPS (Basic) | ₹111.29 | ₹91.45 | ₹74.96 | ₹60.76 | ₹50.53 |
| EPS (Diluted) | ₹111.29 | ₹91.45 | ₹74.94 | ₹60.73 | ₹50.49 |
| Basic Shares Outstanding | 1988096870 | 1987326015 | 1985666543 | 1983099747 | 1969046454 |
| Diluted Shares Outstanding | 1988096870 | 1987326015 | 1985666543 | 1983099747 | 1969046454 |
Income Statement Trend
Kotak Mahindra Bank Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 811.1B | 684.6B | 474.7B | 582.4B | 490.4B |
| Short-term Investments | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - |
| Inventory | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - |
| Total Current Assets | - | - | - | - | - |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 74.1B | 64.0B | 55.8B | 50.6B | 46.4B |
| Goodwill | 19.0B | 19.0B | 16.3B | 16.3B | 16.3B |
| Intangible Assets | - | - | - | - | - |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - |
| Total Non-Current Assets | - | - | - | - | - |
| Total Assets | 8.8T | 7.7T | - | - | - |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 36.7B | 30.3B | 15.6B | 9.0B | 14.1B |
| Short-term Debt | - | - | - | - | - |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | |||||
| Long-term Debt | 867.5B | 751.1B | 523.3B | 551.6B | 477.4B |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - |
| Total Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 7.2T | 6.4T | - | - | - |
| Equity | |||||
| Common Stock | 9.9B | 9.9B | 9.9B | 9.9B | 9.9B |
| Retained Earnings | 900.4B | 750.0B | 635.3B | 524.8B | 435.2B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 1.6T | 1.3T | 1.1T | 971.7B | 848.4B |
| Key Metrics | |||||
| Total Debt | 867.5B | 751.1B | 523.3B | 551.6B | 477.4B |
| Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Kotak Mahindra Bank Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 289.9B | 238.6B | 196.5B | 159.5B | 131.7B |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | 366.8M | 449.5M | 456.4M | 314.4M | 18.2M |
| Working Capital Changes | 84.4B | 253.5B | 78.2B | 141.7B | 123.8B |
| Operating Cash Flow | 374.8B | 495.3B | 280.9B | 307.1B | 259.8B |
| Investing Activities | |||||
| Capital Expenditures | -11.5B | -10.9B | -9.6B | -6.3B | -3.0B |
| Acquisitions | 40.7B | -5.3B | 0 | - | 0 |
| Investment Purchases | -282.0B | -74.7B | -95.9B | -103.4B | -108.2B |
| Investment Sales | - | - | - | - | - |
| Investing Cash Flow | -252.7B | -91.0B | -105.5B | -109.7B | -111.2B |
| Financing Activities | |||||
| Share Repurchases | 0 | -5.0B | 0 | - | - |
| Dividends Paid | -4.0B | -3.4B | -2.6B | -2.2B | -405.0M |
| Debt Issuance | 225.2B | 161.5B | 18.7B | - | - |
| Debt Repayment | - | - | - | - | -178.4B |
| Financing Cash Flow | 221.7B | 155.2B | 18.8B | 1.4B | -100.3B |
| Free Cash Flow | 157.0B | 145.6B | -22.3B | 76.4B | 45.1B |
| Net Change in Cash | 343.8B | 559.5B | 194.2B | 198.8B | 48.3B |
Cash Flow Trend
Kotak Mahindra Bank Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
20.28
Forward P/E
21.99
Price to Book
2.47
Price to Sales
5.28
PEG Ratio
0.93
Profitability Ratios
Profit Margin
25.51%
Operating Margin
33.91%
Return on Equity
13.32%
Return on Assets
2.51%
Financial Health
Debt to Equity
0.66
Beta
0.38
Per Share Data
EPS (TTM)
₹96.27
Book Value per Share
₹792.11
Revenue per Share
₹377.58
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| kotakbank | 4.0T | 20.28 | 2.47 | 13.32% | 25.51% | 0.66 |
| HDFC Bank Limited | 15.1T | 22.57 | 2.79 | 13.93% | 25.79% | 1.06 |
| ICICI Bank | 10.3T | 19.53 | 3.11 | 17.88% | 25.74% | 0.62 |
| State Bank of India | 7.4T | 9.27 | 1.47 | 17.21% | 22.62% | 1.25 |
| Axis Bank | 3.3T | 11.82 | 1.69 | 15.56% | 36.22% | 1.13 |
| Bank of Baroda | 1.3T | 6.36 | 0.80 | 13.80% | 30.29% | 0.86 |
Financial data is updated regularly. All figures are in the company's reporting currency.