Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Kotak Mahindra Bank Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 11,982 | 12,869 | 13,717 | 14,495 | 15,156 | 15,837 | 16,427 | 16,633 | 16,772 | 17,248 | 17,199 | 17,507 | 17,827 |
| Interest | 4,230 | 4,834 | 5,536 | 5,985 | 6,212 | 6,805 | 7,139 | 7,170 | 7,157 | 7,527 | 7,333 | 7,384 | 7,376 |
| Expenses + | 10,548 | 10,303 | 10,136 | 12,484 | 14,920 | 12,263 | 13,094 | 10,596 | 13,666 | 13,123 | 11,606 | 13,933 | 13,656 |
| Financing Profit | -2,796 | -2,269 | -1,955 | -3,975 | -5,976 | -3,231 | -3,806 | -1,133 | -4,051 | -3,402 | -1,740 | -3,811 | -3,205 |
| Financing Margin % | -23% | -18% | -14% | -27% | -39% | -20% | -23% | -7% | -24% | -20% | -10% | -22% | -18% |
| Other Income + | 8,785 | 7,855 | 7,843 | 9,588 | 12,751 | 13,042 | 10,453 | 7,313 | 10,402 | 9,456 | 7,703 | 10,344 | 10,648 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 5,989 | 5,586 | 5,888 | 5,614 | 6,775 | 9,811 | 6,647 | 6,180 | 6,351 | 6,053 | 5,963 | 6,533 | 7,443 |
| Tax % | 24% | 26% | 25% | 25% | 23% | 25% | 25% | 25% | 23% | 27% | 25% | 25% | 27% |
| Net Profit + | 4,566 | 4,150 | 4,461 | 4,265 | 5,337 | 7,448 | 5,044 | 4,701 | 4,933 | 4,472 | 4,468 | 4,924 | 5,423 |
| EPS in Rs | 4.60 | 4.18 | 4.49 | 4.29 | 5.37 | 7.49 | 5.07 | 4.73 | 4.96 | 4.50 | 4.49 | 4.95 | 5.45 |
| Gross NPA % | 1.76% | 1.75% | 1.69% | 1.68% | 1.38% | 1.39% | 1.48% | 1.51% | 1.45% | ||||
| Net NPA % | 0.41% | 0.43% | 0.39% | 0.36% | 0.36% | 0.38% | 0.45% | 0.44% | 0.36% |
Financials of Kotak Mahindra Bank Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 13,319 | 20,402 | 22,324 | 25,131 | 29,831 | 33,474 | 32,820 | 33,741 | 42,151 | 56,237 | 65,669 | 69,781 |
| Interest | 6,966 | 11,123 | 11,458 | 12,467 | 15,187 | 15,901 | 12,967 | 11,554 | 14,411 | 22,567 | 28,275 | 29,620 |
| Expenses + | 9,718 | 11,541 | 14,832 | 16,805 | 19,758 | 22,578 | 29,812 | 30,699 | 33,485 | 47,052 | 48,891 | 52,319 |
| Financing Profit | -3,366 | -2,263 | -3,965 | -4,141 | -5,114 | -5,005 | -9,958 | -8,512 | -5,746 | -13,382 | -11,496 | -12,158 |
| Financing Margin % | -25% | -11% | -18% | -16% | -17% | -15% | -30% | -25% | -14% | -24% | -18% | -17% |
| Other Income + | 8,152 | 7,631 | 11,660 | 13,682 | 16,148 | 16,892 | 23,588 | 24,941 | 25,991 | 38,037 | 41,426 | 38,150 |
| Depreciation | 237 | 345 | 362 | 383 | 458 | 465 | 461 | 480 | 599 | 792 | 941 | 0 |
| Profit before tax | 4,550 | 5,024 | 7,332 | 9,158 | 10,576 | 11,422 | 13,168 | 15,948 | 19,646 | 23,863 | 28,989 | 25,993 |
| Tax % | 33% | 32% | 32% | 33% | 33% | 25% | 25% | 25% | 25% | 25% | 24% | 26% |
| Net Profit + | 3,105 | 3,524 | 5,019 | 6,258 | 7,204 | 8,593 | 9,990 | 12,089 | 14,925 | 18,213 | 22,126 | 19,288 |
| EPS in Rs | 3.94 | 3.77 | 5.37 | 6.51 | 7.55 | 8.98 | 10.08 | 12.18 | 15.03 | 18.32 | 22.26 | 19.39 |
| Dividend Payout % | 2% | 3% | 2% | 2% | 2% | 0% | 2% | 2% | 2% | 2% | 2% | 3% |
Financials of Kotak Mahindra Bank Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 386 | 917 | 920 | 953 | 954 | 957 | 991 | 992 | 993 | 994 | 994 | 995 |
| Reserves | 21,770 | 32,447 | 37,572 | 49,535 | 56,827 | 65,680 | 83,348 | 95,673 | 110,821 | 128,978 | 156,495 | 180,118 |
| Deposits | 72,843 | 135,949 | 155,540 | 191,236 | 224,824 | 260,400 | 278,871 | 310,087 | 361,273 | 445,269 | 494,707 | 566,940 |
| Borrowing | 31,415 | 43,730 | 49,690 | 58,604 | 66,939 | 66,077 | 48,239 | 55,660 | 57,534 | 75,106 | 97,622 | 95,394 |
| Other Liabilities + | 22,049 | 27,761 | 32,465 | 37,392 | 45,626 | 50,059 | 67,405 | 84,086 | 89,809 | 117,321 | 129,955 | 159,906 |
| Total Liabilities | 148,464 | 240,804 | 276,188 | 337,720 | 395,171 | 443,173 | 478,854 | 546,498 | 620,430 | 767,667 | 879,774 | 1,003,353 |
| Fixed Assets + | 1,385 | 1,761 | 1,759 | 2,543 | 2,697 | 2,675 | 2,554 | 2,723 | 3,075 | 3,510 | 3,759 | 2,853 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 45,589 | 70,274 | 68,462 | 90,977 | 103,487 | 111,197 | 156,946 | 164,529 | 195,338 | 246,446 | 284,255 | 290,633 |
| Other Assets + | 101,490 | 168,769 | 205,967 | 244,201 | 288,987 | 329,301 | 319,355 | 379,245 | 422,017 | 517,711 | 591,761 | 709,867 |
| Total Assets | 148,464 | 240,804 | 276,188 | 337,720 | 395,171 | 443,173 | 478,854 | 546,498 | 620,430 | 767,667 | 879,774 | 1,003,353 |
Financials of Kotak Mahindra Bank Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2,302 | 5,025 | 13,222 | -10,392 | 1,822 | 46,619 | 4,881 | 8,308 | -1,242 | 15,685 | 16,916 | 41,727 |
| Cash from Investing Activity + | -4,467 | -2,353 | -5,289 | -5,475 | -3,323 | -13,068 | -11,172 | -10,903 | -10,381 | -8,919 | -25,226 | -16,519 |
| Cash from Financing Activity + | 2,426 | 2,024 | 6,055 | 14,679 | 8,365 | -735 | -10,072 | 7,543 | 1,883 | 15,515 | 22,165 | -2,538 |
| Net Cash Flow | 260 | 4,696 | 13,989 | -1,188 | 6,864 | 32,815 | -16,363 | 4,949 | -9,740 | 22,281 | 13,855 | 22,669 |
| Free Cash Flow | 2,034 | 4,714 | 12,840 | -10,758 | 1,331 | 46,206 | 4,581 | 7,675 | -2,203 | 14,593 | 15,768 | 40,691 |
| CFO/OP | 103% | 76% | 205% | -89% | 52% | 454% | 270% | 396% | 41% | 236% | 139% | 276% |
Financials of Kotak Mahindra Bank Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 15% | 12% | 14% | 14% | 13% | 14% | 13% | 13% | 14% | 15% | 15% | 11% |