Kotak Mahindra Bank Financial Statements

Name: Kotak Mahindra Bank Financials — historical data
Creator: StockeZee

For Mar 2026, Kotak Mahindra Bank reported net profit of ₹19,181 crore. Return on equity stands at 11.40%. Profit & loss, balance sheet and cash flow across 8 reported years are below.

Updated 31 Jul 2026Source: NSE & BSE company filingsNifty 50 constituent

Profit after tax: ₹19,181 Cr
EPS: ₹19.39
Latest year: Mar 2026
Years reported: 8

Kotak Mahindra Bank profit & loss

Reported annual performance for Kotak Mahindra Bank, oldest to newest. Figures in ₹ crore unless a row states otherwise.

Kotak Mahindra Bank annual profit and loss statement. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Interest Earned	29,935	33,474	32,820	33,740	42,151	56,237	65,669	69,781
Interest on Balances with RBI	735	828	1,481	1,004	1,029	1,542	1,814	2,144
Interest on Advances/Bills	22,266	24,877	21,621	22,603	30,735	40,866	47,308	50,381
Other Interest	490	442	443	538	492	532	556	695
Revenue on Investments	6,444	7,327	9,275	9,595	9,894	13,297	15,990	16,561
Other Income	15,969	16,826	23,884	25,142	25,830	38,037	37,407	37,782
Total Income	45,903	50,300	56,704	58,883	67,981	94,274	1,03,076	1,07,564
Net Interest Income	14,748	17,573	19,853	22,187	27,740	33,669	37,394	40,161
Total Banking Expenses	34,282	36,320	40,276	42,163	47,895	68,438	74,031	78,038
Interest Expended	15,187	15,901	12,967	11,553	14,411	22,567	28,275	29,620
Employees Cost	4,851	5,756	5,856	7,141	8,479	10,347	11,964	12,964
Other Operating Expenses	14,245	14,663	21,453	23,469	25,005	35,524	33,793	35,455
Provisions for Loan Losses	1,045	2,558	3,260	772	440	1,972	3,859	3,900
Profit Before Tax (PBT)	10,576	11,422	13,168	15,948	19,646	23,863	28,989	25,993
Tax Expense	3,456	2,815	3,265	4,016	4,866	5,887	7,043	6,812
Effective Tax %	32.68%	24.64%	24.8%	25.18%	24.77%	24.67%	24.3%	26.21%
Total Profit for Period	7,120	8,607	9,903	11,932	14,780	17,977	21,946	19,181
Net Profit (Owner's PAT)	7,120	8,607	9,903	11,932	14,780	17,977	21,946	19,181
PAT Growth YoY %	—	20.89%	15.06%	20.49%	23.87%	21.63%	22.08%	-12.6%
Earnings Per Share (EPS)	₹7.55	₹8.98	₹10.08	₹12.18	₹15.03	₹18.32	₹22.26	₹19.39
Diluted Shares Outstanding (Cr.)	954	957	991	992	993	994	994	995
Gross NPA	4,789	5,488	8,276	7,334	6,419	6,003	7,112	7,046
Net NPA	1,696	1,745	3,106	2,149	1,479	1,567	1,752	1,730
Gross NPA (%)	0	0	0	0	0	0	0	0
Net NPA (%)	0	0	0	0	0	0	0	0
Additional Tier 1 Ratio (%)	0	0	0	0	0	0.01	0	0
CET-1 Ratio (%)	0.17	0.17	0.21	0.22	0.21	0.21	0.21	0.22
Profit/Loss from Associates	84	-14	87	158	145	236	180	107

Kotak Mahindra Bank balance sheet

Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.

Kotak Mahindra Bank annual balance sheet with assets, liabilities and equity. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Shareholders' Equity	58,280	67,134	84,836	97,134	1,12,254	1,29,892	1,57,395	1,81,113
Equity Share Capital	1,454	1,457	1,491	1,492	1,493	994	994	995
Reserves & Surplus	56,825	65,678	83,346	95,642	1,10,761	1,28,898	1,56,401	1,80,118
Total Banking Liabilities	3,36,892	3,76,039	3,94,036	4,49,364	5,08,176	6,37,775	7,22,379	8,22,240
Deposits	2,24,824	2,60,400	2,78,871	3,10,087	3,61,273	4,45,269	4,94,707	5,66,940
Borrowings	66,439	65,577	47,739	55,148	57,034	75,106	97,622	95,394
Other Liabilities & Provisions	45,628	50,062	67,426	84,129	89,869	1,17,400	1,30,050	1,59,906
Total Liabilities	3,95,171	4,43,173	4,78,873	5,46,498	6,20,430	7,67,667	8,79,774	10,03,353
Total Banking Assets	3,95,171	4,43,173	4,78,873	5,46,498	6,20,430	7,67,667	8,79,774	10,03,353
Cash & Balances with RBI	10,911	9,513	12,528	16,049	19,985	36,287	41,748	51,282
Bank Balances & Money at Call	20,354	54,567	35,189	36,616	22,940	28,920	37,313	50,809
Investments	1,03,487	1,11,197	1,56,946	1,64,529	1,95,338	2,46,446	2,84,255	2,90,633
Advances	2,43,462	2,49,879	2,52,188	3,04,474	3,59,107	4,30,352	4,86,166	5,65,768
Fixed Assets	1,884	1,861	1,740	1,910	2,261	2,563	2,811	2,853
Other Assets	15,074	16,156	20,282	22,920	20,798	23,101	27,481	42,008
Non-Current Assets	1,884	1,861	1,740	1,910	2,261	2,563	2,811	2,853
Fixed Assets	1,884	1,861	1,740	1,910	2,261	2,563	2,811	2,853
Total Assets	3,95,171	4,43,173	4,78,873	5,46,498	6,20,430	7,67,667	8,79,774	10,03,353
Total Borrowings	66,439	65,577	47,739	55,148	57,034	75,106	97,622	95,394
Net Debt	55,528	56,063	35,211	39,099	37,049	38,819	55,874	44,112
Debt to Equity (x)	1.14	0.98	0.56	0.57	0.51	0.58	0.62	0.53

Kotak Mahindra Bank cash flow statement

Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.

Kotak Mahindra Bank annual cash flow statement across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Net Cash from Operating Activities	8,418	-1,242	15,685	16,916	41,727
Profit Before Tax	0	0	0	0	0
Depreciation & Amortisation	1,042	1,177	1,063	956	1,132
Finance Costs	0	0	0	0	0
Working Capital Changes	-4,023	-18,276	2,203	-2,200	17,974
Tax Paid	-3,744	-4,765	-6,038	-6,339	-6,433
Net Cash from Investing Activities	-11,084	-10,550	-9,097	-25,272	-16,519
Purchase of PPE	0	0	0	0	0
Sale of Fixed Assets	36	26	35	65	22
Interest Received	0	0	0	0	0
Net Cash from Financing Activities	7,549	1,883	15,656	22,142	-2,538
Proceeds from Borrowings	7,409	1,874	16,153	22,516	-2,229
Repayment of Borrowings	0	0	0	0	0
Interest Paid	0	0	0	0	0
Dividend Paid	-219	-259	-337	-398	-497
Buyback / Redemption of Shares	0	0	0	0	0
Lease Liabilities Paid	0	0	0	0	0
Net Change in Cash	4,949	-9,740	22,281	13,855	23,029
Effect of Foreign Exchange Changes	66	169	37	70	360
Free Cash Flow	8,418	-1,242	15,685	16,916	41,727

Kotak Mahindra Bank key ratios

Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.

Kotak Mahindra Bank trades at a P/E of 19.05× against a sector median of 16.36× — a 16% premium. Sector comparisons can mislead for conglomerates with mixed business lines.

Kotak Mahindra Bank valuation, profitability, return and leverage ratios
Ratio	Category	Value
P/E (TTM)	Valuation	19.05
Forward P/E	Valuation	14.44
P/B	Valuation	2.14
PEG (TTM)	Valuation	0.94
EV / EBITDA (TTM)	Valuation	12.32
P/S (TTM)	Valuation	5.43
Operating margin	Profitability	21.9%
Net margin (TTM)	Profitability	26.05%
Return on equity	Return ratios	11.4%
Return on capital employed	Return ratios	6.98%
Return on assets	Return ratios	2.05%
Debt to equity	Leverage & liquidity	3.65
Beta	Leverage & liquidity	0.93
EPS (TTM)	Per share	₹20.37
Book value	Per share	₹182.2
Revenue / share (TTM)	Per share	₹74.47
Cash flow / share	Per share	₹41.95
Dividend yield	Shareholder returns	0.17%
Dividend payout (TTM)	Shareholder returns	2.53%

How this is calculated

Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.

Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.

Kotak Mahindra Bank: frequently asked questions

Is Kotak Mahindra Bank profitable?

Kotak Mahindra Bank reported a net profit of ₹19,181 crore in Mar 2026, down 12.6% on the previous financial year.

What is Kotak Mahindra Bank's EPS?

Kotak Mahindra Bank reported earnings per share of ₹19.39 for Mar 2026.

What is Kotak Mahindra Bank's return on equity?

Kotak Mahindra Bank's return on equity stands at 11.40%. ROE measures profit generated per rupee of shareholder equity.

How many years of Kotak Mahindra Bank financials are shown?

8 reported financial years are tabulated on this page, the most recent being Mar 2026.

Are these figures consolidated or standalone?

Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.

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Disclaimer

The data, ratios and commentary about Kotak Mahindra Bank Ltd (KOTAKBANK) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.