Kotak Mahindra Bank logo

Kotak Mahindra Bank share price

NSE: KOTAKBANKBSE: 500247BanksLarge Cap

Formerly Kotak Mahindra Finance
Last close ₹430.50down ₹6.50 (1.49%)BSE ₹430.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹437.00.

52-week range of traded prices to 23 Oct 2026
₹345.50Low, 2 Apr 2026₹453.10High, 16 Oct 2026
Market cap
₹4,28,256 Cr16th largest listed
P/E
21.1
P/B
2.4
Dividend yield
0.15%
ROE
12.0%
NIM
4.68%
Gross NPA
1.18%
Net NPA
0.27%
CET1
22.38%
ROA
2.05%
Volume, NSE
1,59,64,82768.3% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−3.3%over a year

ResultsDividendSplit, bonus, rights or demerger20-session average 2,61,34,929 shares a day, 68.5% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter. Total income is interest earned plus other income, fees and treasury gains among it.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 18 Jul

Total income
₹30,069 Crup 6.98%
Net profit
₹5,480 Crup 1.06%

Total income by year

Peak total income ₹1,07,564 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 21 OctDec 2024Filed 18 JanMar 2025Filed 6 MayJun 2025Filed 26 JulSep 2025Filed 25 OctDec 2025Filed 24 JanMar 2026Filed 2 MayJun 2026Filed 18 Jul
Total income26,88023,94627,17426,70424,90127,85128,10830,069
Net profit5,0444,7014,9334,4724,4684,9245,4235,480
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Retail Banking₹34,434 Crup 1.79%29.7%
  • Corporate / Wholesale Banking₹26,159 Crup 5.54%22.6%
  • Insurance₹26,011 Crup 2.94%22.5%
  • Treasury, BMU and Corporate Centre₹13,391 Crup 4.29%11.6%
  • Broking₹4,716 Crup 7.95%4.1%
  • Vehicle Financing₹4,358 Crup 6.27%3.8%
  • Asset Management₹3,359 Crup 16.06%2.9%
  • Other Lending Activities₹2,266 Crup 1.72%2.0%
  • Advisory and Transactional Services₹1,110 Crdown 34.03%1.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer.PE ratio and valuation history

Price to earnings

At or below today's level on 20% of 2,480 trading days over the last 10 years.

LowestHighest
Its median31.0Industry median12.2
Price to book

At or below today's level on 8% of 1,982 trading days since Oct 2018.

LowestHighest
Its median3.6Industry median1.1
Dividend yield

At or below today's level on 98% of 2,479 trading days over the last 10 years.

LowestHighest
Its median0.06%Industry median0.81%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−18.4%−12.8%−6.6%0.2%
3 years+0.8%+9.0%−7.6%0.1%
5 years+0.3%+13.9%−12.1%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters25.87%
  • Foreign institutions24.65%
  • Indian institutions38.54%
  • Individuals and others10.94%
Holder
Uday Suresh KotakPromoter25.69%
Life Insurance Corporation of IndiaInsurance companies7.26%
National Pension System TrustProvident and pension funds2.34%
Government Pension Fund GlobalForeign portfolio investors, category I1.50%
SBI Life Insurance Company LimitedInsurance companies1.02%
Indira Suresh KotakPromoter0.10%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

590 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 231 of the 335 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
4
Bought again
12
Added
153
Cut
182
Held unchanged
235
Sold out
6
Fund
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund15,46,14,5194.44%₹6,447.4 Cr
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund14,28,22,1022.93%₹5,955.7 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund9,89,11,2813.57%₹4,130.5 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund8,85,56,7733.40%₹3,692.8 Cr
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund7,00,00,0003.39%₹2,919.0 Cr
SBI Mutual Fund logoSBI Focused FundSBI Mutual Fund7,00,00,0005.82%₹2,919.0 Cr
SBI Mutual Fund logoSBI Large Cap FundSBI Mutual Fund5,78,00,0004.60%₹2,410.3 Cr
HDFC Mutual Fund logoHDFC Large Cap FundHDFC Mutual Fund5,43,61,0566.08%₹2,266.9 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund4,89,80,3212.93%₹2,042.5 Cr
SBI Mutual Fund logoSBI ELSS Tax Saver FundSBI Mutual Fund4,86,86,6096.76%₹2,030.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Private Sector Bank, 20 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Kotak Mahindra Bank in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
HDFC Bank logoHDFC BankHDFCBANK10,68,20013.31.8+4.6%+10.7%14.0%–3.86%1.88%
ICICI Bank logoICICI BankICICIBANK10,00,86116.92.4+7.9%+10.8%15.5%2.09%4.20%0.86%
Axis Bank logoAxis BankAXISBANK3,79,09212.71.7+7.4%+15.2%14.0%1.47%3.58%0.08%
The Federal Bank logoThe Federal BankFEDERALBNK84,29416.21.9+10.6%+31.5%12.8%1.18%3.46%0.35%
IDBI Bank logoIDBI BankIDBI82,1919.91.1+2.7%−10.6%11.8%2.10%3.54%0.00%
IndusInd Bank logoIndusInd BankINDUSINDBK65,05949.21.0−6.5%+31.1%2.0%0.16%3.88%0.18%
IDFC First Bank logoIDFC First BankIDFCFIRSTB62,34327.01.3+11.0%+77.1%5.4%0.43%6.22%0.35%
RBL Bank logoRBL BankRBLBANK53,63344.51.2+9.0%+122.7%4.0%0.54%4.52%0.29%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.65 a share, year to Mar 2026.
Ex-dateTypePer share
17 Jul 2026Final₹0.65
18 Jul 2025Final₹2.50
19 Jul 2024Final₹2.00
4 Aug 2023Final₹1.50
11 Aug 2022Final₹1.10
11 Aug 2021Final₹0.90
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Kotak Mahindra Bank share price by year

Each calendar year to 2025.Kotak Mahindra Bank share price history

YearClose at year endChangeHighest closeLowest close
2025440.22+23.2%453.76347.68
2024357.21−6.4%386.94309.34
2023381.62+4.4%402.87329.65
2022365.45+1.7%393.18328.49
2021359.22−10.0%442.19328.33
2020399.12+18.5%403.59219.65
2019336.87+34.1%345.90240.55
2018251.30+24.4%281.69199.99
2017202.04+40.4%219.18139.12
2016143.940.0%164.42121.37
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026438.25439.40427.70430.50431.201,59,64,82768.3%
22 Oct 2026435.20442.50433.75437.00437.881,68,57,40259.8%
21 Oct 2026444.45446.85434.50437.80438.281,18,61,93667.1%
19 Oct 2026440.50447.15438.60442.30442.131,50,04,26058.9%
16 Oct 2026448.70453.10443.65447.40447.552,51,65,10770.5%
15 Oct 2026439.65447.95437.60447.95444.053,27,10,77174.5%
14 Oct 2026439.00444.90437.20438.05441.262,49,74,53074.9%
13 Oct 2026443.10443.35437.50439.00440.412,09,32,74570.5%
12 Oct 2026442.20443.65438.90443.40441.251,78,33,23873.0%
9 Oct 2026438.00445.25437.85441.00443.093,15,36,99272.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
14 Jan 2026Split0.2000Each share became 5.
8 Jul 2015Bonus0.5000Holders received 1 bonus share for every 1 held.
13 Sep 2010Split0.5000Each share became 2.
24 Oct 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

About Kotak Mahindra Bank

Kotak Mahindra Bank Limited is an Indian bank. Together with its subsidiaries it forms the Kotak Mahindra Group, a diversified financial services group. It serves four customer segments: high net worth individuals, through Private Banking and Solitaire; digitally active Core India customers, through Kotak811; small and medium enterprises; and institutional clients. At 31 March 2026 it was the fourth largest private sector bank in India by balance sheet size.

The group runs four businesses. Banking and lending covers retail, small and medium enterprise, institutional and specialised customers, and includes tractor finance and commercial vehicle and construction equipment finance. Capital markets covers stock broking through Kotak Securities and investment banking through Kotak Mahindra Capital Company. Asset management covers mutual funds through Kotak Mahindra Asset Management Company and alternate assets through Kotak Alternate Asset Managers. Protection is life insurance through Kotak Mahindra Life Insurance Company. The bank beneficially owns 100% of each subsidiary.

At 31 March 2026 the bank had 2,276 branches in India. It also has branches in the Dubai International Financial Centre and in GIFT City in Gujarat, and its international subsidiaries have offices in New York, London, Mauritius, Dubai, Abu Dhabi and Singapore. The group has more than 112,000 full-time employees. The bank's registered office is in Mumbai.

It was incorporated in 1985 and began in the bill discounting business. In 2003 it became India's first non-banking finance company to be converted into a commercial bank. The Reserve Bank of India approved the merger of ING Vysya Bank with it, effective 1 April 2015.

Legal name
Kotak Mahindra Bank Limited
NSE symbol
KOTAKBANK
BSE code
500247
ISIN
INE237A01036
Industry
Banks
Listed
Apr 1992 on BSE, Dec 1995 on NSE
Face value
₹1
Former symbols
KOTAKMAH
CIN
L65110MH1985PLC038137
Corporate identity number, the registrar of companies' code for it