Kotak Mahindra Bank Ltd
About
Kotak Mahindra Group is an Indian financial services conglomerate established in 1985. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking licence from the Reserve Bank of India (RBI) and converted from a non-banking finance company into a bank - Kotak Mahindra Bank Ltd. The bank's main activities include consumer banking, commercial banking, wholesale banking, insurance, and wealth management. The Company deals in Bill discounting, leasing and hire purchase, corporate finance, management of fixed deposit mobilisation, financing against securities, money market operations, consumer finance, investment banking and clients' money management. The major subsidiaries are : Kotak Mahindra Prime, General Insurance, Life Insurance, Asset Management Company, Securities, with Kotak Mahindra Bank being the most profitable venture. The bank's target markets include India and overseas regions such as the Middle East, the US, Europe, the UK, Mauritius, and Singapore.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 94274 38.4% | 68142 16.1% | 58682 4.0% | 56408 12.0% | 50366 9.5% | 45979 18.5% | 38813 14.2% | 33984 21.2% | 28032 30.6% | 21471 24.3% | 17268 8.3% | 15950 22.6% | 13014 17.6% | 11063 10.0% | 10053 25.2% | 8029 - |
| Net Operating Income (INR Cr) | 56237 33.42% | 42151 24.93% | 33741 2.81% | 32820 -1.95% | 33474 12.21% | 29831 18.70% | 25131 12.57% | 22324 9.42% | 20402 53.18% | 13319 11.12% | 11986 10.59% | 10838 27.95% | 8470 41.81% | 5973 29.82% | 4601 5.37% | 4367 - |
| Profit (INR Cr) | 18213 22.0% | 14925 23.5% | 12089 21.0% | 9990 16.3% | 8593 19.3% | 7204 16.2% | 6201 25.5% | 4940 42.8% | 3459 13.6% | 3045 23.6% | 2465 12.6% | 2188 19.4% | 1832 17.0% | 1567 19.9% | 1307 100.3% | 652 - |
| Assets (INR Cr) | 767914 23.7% | 620645 13.5% | 546715 14.1% | 479044 8.1% | 443337 12.1% | 395377 17.1% | 337720 22.3% | 276188 14.7% | 240804 62.1% | 148576 21.6% | 122237 5.5% | 115865 25.5% | 92349 25.3% | 73681 33.7% | 55115 37.0% | 40234 - |
| Net Worth (INR Cr) | 129972 16.2% | 111814 15.7% | 96665 14.6% | 84339 26.6% | 66637 15.3% | 57782 14.5% | 50488 31.2% | 38493 15.4% | 33364 50.7% | 22141 16.0% | 19085 25.0% | 15267 18.0% | 12936 17.6% | 11000 38.1% | 7966 20.4% | 6614 12.5% |
| Employee Cost (INR Cr) | 10347 22.0% | 8479 18.7% | 7141 22.0% | 5856 1.7% | 5756 18.7% | 4851 10.7% | 4381 10.0% | 3982 3.3% | 3854 62.2% | 2375 24.0% | 1915 8.0% | 1774 10.7% | 1602 5.2% | 1522 20.7% | 1261 5.7% | 1193 - |
| Interest Cost (INR Cr) | 22567 | 14411 | 11554 | 12967 | 15901 | 15187 | 12467 | 11458 | 11123 | 6966 | 6312 | 6024 | 4542 | 2668 | 1773 | 1992 |
| Cash & Bank Balance (INR Cr) | 65206 | 42925 | 52665 | 47717 | 64080 | 31264 | 24401 | 25589 | 11599 | 6903 | 6643 | 4518 | 3576 | 2994 | 2507 | 1438 |
| Total Debt (INR Cr) | 520374 | 418307 | 365247 | 326610 | 325977 | 291263 | 249840 | 205230 | 179679 | 104258 | 85937 | 85561 | 65655 | 49386 | 35705 | 25801 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 19.3% | 21.9% | 20.6% | 17.7% | 17.1% | 15.7% | 16.0% | 14.5% | 12.3% | 14.2% | 14.3% | 13.7% | 14.1% | 14.2% | 13.0% | 8.1% |
| Profit As % Of Assets | 2.4% | 2.4% | 2.2% | 2.1% | 1.9% | 1.8% | 1.8% | 1.8% | 1.4% | 2.1% | 2.0% | 1.9% | 2.0% | 2.1% | 2.4% | 1.6% |
| Profit As % Of Networth | 14.0% | 13.4% | 12.5% | 11.9% | 12.9% | 12.5% | 12.3% | 12.8% | 10.4% | 13.8% | 12.9% | 14.3% | 14.2% | 14.2% | 16.4% | 9.9% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 14.8% | 14.1% | 13.1% | 13.1% | 13.8% | 13.2% | 13.8% | 13.8% | 12.4% | 14.9% | 14.5% | 15.4% | 15.3% | 16.4% | 18.0% | 10.4% |
| ROCE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |