Kotak Mahindra Bank

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• DebtHighest safetyRated AAA by 2 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 15% and profit rose 26% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 26% of the company, about the same as in Sep 2025.
• ValuationNormal for this stockThe share trades at 20.6 times its yearly earnings (P/E), cheaper than 64% of the time in the last 5 years. Its usual P/E is about 28.

Kotak Mahindra Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)20.6 against a typical 12.2: pricier than most peers (1st = cheapest).17th of 20
• Sales growth+15.4% against a typical +16.2% from a year earlier.13th of 20
• Profit growth+26.3% against a typical +34.9% from a year earlier.12th of 19
• Share price, 3 months+12.8% against a typical −5.9%.2nd of 20
• Size₹ 4,27,848.7 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).3rd of 17

Exchange filings and their impact on the company.

• 24 Oct 2026Change in Director(s)Low impactNeutralPrice +2.4% on 26 Oct
  Kotak Bank named insider Anup Saha as next MD & CEO from Jan 2027 and re-appointed Ashu Suyash as independent director.

  Kotak Mahindra Bank's board on October 24, 2026 appointed Anup Kumar Saha, currently Executive Director, as Managing Director & CEO for three years from January 1, 2027, and re-appointed Ashu Suyash as Independent Director for a second three-year term from January 24, 2027 to January 23, 2030, both subject to shareholder approval. Saha's appointment was already approved by the RBI on September 30, 2026. The moves ensure planned leadership continuity with no financial impact expected.

  Full analysisFiling
• 24 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +2.4% on 26 Oct
  Strong Q2 with 26% profit growth, 25% loan growth and cleaner asset quality supports double-digit earnings growth.

  Kotak Mahindra Bank reported Q2 FY27 consolidated net profit of Rs 5,645.38 crore, up 26.3% from Rs 4,468.27 crore a year ago, on total income of Rs 29,426.88 crore. Standalone profit rose 29.5% to Rs 4,211.97 crore with advances up 24.8% to Rs 5.77 lakh crore, deposits up 23.2%, and Gross NPA improving to 1.04% from 1.39%. Strong loan growth, lower provisions and stable capital adequacy at 21.86% support continued earnings momentum over the next year.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Devang Gheewalla

President, Group Chief Financial Officer

Ashok Valiram Vaswani

Chief Executive Officer, Managing Director, Executive Director

Avan Doomasia

Senior Executive Vice President, Company Secretary

Anantha Raman R.

Chief Compliance Officer

Jaideep Hansraj

Whole-Time Director

Paritosh Kashyap

Whole-Time Director

Anup Kumar Saha

Whole-Time Director