Kotak Mahindra Bank stock | 2026 trend & analyst price target

Kotak Mahindra Bank

BSE:500247

Rp 2.135,50

Rp-9,95 (-0,46%)

2.135,50 Rp

Rp-9,95 (-0,46%)

End-of-day quote: 12/05/2025

Kotak Mahindra Bank Stock Value

Analysts currently give BSE:500247 a rating of Outperform.

Outperform

Kotak Mahindra Bank Company Info

EPS Growth 5Y

25,56%

Market Cap

Rp4.246,98 B

Long-Term Debt

Rp751,06 B

Quarterly earnings

01/23/2026

Dividend

Rp2,56

Dividend Yield

0,12%

Founded

1985

Industry

Financials

Country

India

Website

Kotak Mahindra Bank

ISIN Number

INE237A01028

Website

http://www.kotak.com

Analyst Price Target

Rp2.450,00

14.73%

Last Update: 12/06/2025

Analysts: 36

Highest Price Target Rp2.700,00

Average Price Target Rp2.450,00

Lowest Price Target Rp1.950,00

In the last five quarters, Kotak Mahindra Bank’s Price Target has risen from Rp1.471,32 to Rp1.887,56 - a 28,29% increase. Twenty Seven analysts predict that Kotak Mahindra Bank’s share price will increase in the coming year, reaching Rp2.450,00. This would represent an increase of 14,73%.

Top growth stocks in the financials sector (5Y.)

What does Kotak Mahindra Bank do?

Kotak Mahindra Bank Limited provides a range of banking and financial services to corporate and individual customers. The company operates as one of India's leading diversified and integrated financial services conglomerates, providing a wide range of financial solutions, covering banking (consumer, commercial and corporate), credit and financing, asset management, alternate assets, life and general insurance, stock broking, investment banking, private banking, microfinance and asset reconstruc...

Kotak Mahindra Bank Limited provides a range of banking and financial services to corporate and individual customers.

The company operates as one of India's leading diversified and integrated financial services conglomerates, providing a wide range of financial solutions, covering banking (consumer, commercial and corporate), credit and financing, asset management, alternate assets, life and general insurance, stock broking, investment banking, private banking, microfinance and asset reconstruction across customer and geographic segments within India.

The company also operates in overseas markets through international subsidiaries and branches in key geographies. In line with the company's relentless focus on customers, technology and talent, the company is accelerating change, thus driving sustainable growth across businesses and customer segments.

The company's services are available on various digital channels, such as websites, mobile apps, WhatsApp, chatbots, voice bots and kiosks.

The company's pan-India distribution network including branches and franchisees enables it to reach out to a large customer base. The company also has an international banking unit in Gujarat International Finance Tec-City (GIFT City), a bank branch in the Dubai International Financial Centre (DIFC), and international offices in New York, London, Mauritius, Dubai, Singapore and Abu Dhabi.

The company has branches and automated teller machines (ATMs) and recyclers and micro ATM installations. The company also has a branch at Dubai International Financial Centre (DIFC) and Gujarat International Finance Tec-City (GIF T City).

Consumer Banking

Provides a bouquet of products and services, such as deposits, lending solutions and transaction services for retail customers, small businesses, NRIs, retail institutions, government departments and entities backed by convenient, innovative and digital-first solutions.

Products and Services

Savings and Current Accounts, Term Deposits, Home Loans and Loans Against Property, Personal Loans, Consumer Finance, Business Banking, Credit Cards, Priority Banking, Small Business Loans, Working Capital to SME segment, Rural Housing, Business Loans, and FASTags.

Commercial Banking

This division offers financial solutions in the areas of Commercial Vehicles (CV), Construction Equipment (CE), Tractor and Farm Equipment (Tractor), SMEs operating in the Agri Value Chain and Microfinance.

Products and Services

Tractor & Farmer Loans, Commercial Vehicle and Construction Equipment Loans, Loans to Small & Medium Enterprises (Agri Value Chain, Logistics and EPC segments), Microfinance and Suvidha Loans to women borrowers under JLG through Business Correspondents and Gold Loans to Individuals and Small Businesses.

Wholesale Banking

Caters to a wide range of corporate customer segments, including large Indian corporates, conglomerates, financial institutions, public sector undertakings, multinational companies, new-age companies, small and medium enterprises and real estate developers.

Products and Services

Offers a portfolio of products and services, including working capital finance, medium-term finance, structured financing solutions, foreign exchange services, trade finance, other transaction banking services, debt capital markets and treasury services.

Custodial Services

One of India's largest home-grown custodians in offshore space and a leading provider of custody, clearing and fund accounting services.

Products and Services

Caters to both domestic and overseas asset managers mainly from jurisdictions, such as the Middle East, North America, Europe, the United Kingdom, Mauritius, and the Far East region.

Private Banking

Offers a comprehensive and holistic platform covering a gamut of financial services for Ultra High Net Worth Individual (UHNI) and High Net Worth Individual (HNI) clients including entrepreneurs, business families and professionals.

Products and services

Strives to be the trusted partner for its client families for all their diverse wealth creation and preservation needs. Offers a comprehensive platform covering a wide proposition of products and services through product partners and internal group companies. In addition to comprehensive financial solutions that go beyond investments, the division provides banking and credit, consolidated reporting, referral for estate planning services, family office services and various other products and services to its Private Banking clients.

Asset Reconstruction Division

Products and Services

Amongst very few banks that provides vital financing required to revive stressed companies back to mainstream banking. Also provides effective options to other lending institutions to exist their stressed assets by offering to buy the same.

Car and Two-wheeler Loans

Caters to retail customers and dealers in the passenger vehicle and two wheeler segments. Also caters to retail customers in the loan-against-property segment.

Products and Services

Offers consumer loans for the entire range of passenger cars, multi-utility vehicles, pre-owned cars and two-wheelers. Provides complete financing solutions through a single window to car and two-wheeler dealers for their working capital and infrastructure set-up requirements in the form of inventory funding and term loans. In addition, the company offers Loan Against Property to its customers.

Lending Non-Banking Financial Company (NBFC)

Products and Services

Lends to developers across the entire spectrum-residential, commercial and retail. The team offers a trusted and dedicated platform with expertise in complex transactions, thereby help broadening access to capital.

Infrastructure Financing

Provides long-term finance to operational infrastructure projects and forges relationships with multiple infrastructure developers.

Products and Services

Offers long-term finance.

Stock Broking (Retail)

Offers services to retail and institutional investors across the Indian Capital market.

Products and Services

A wide array of services, including Investment and trading in equities, derivatives (equities, commodities, currency) and mutual funds. Also provides research services, margin trading facilities, depository services and third-party products like insurance.

Institutional Equities

Leading institutional broker in India, catering to both global and domestic institutional equity investors.

Products and Services

Comprehensive offerings include top-ranked Equity Research, Trade Execution in cash equities and equity derivatives and Corporate Access. In addition, it executes equity capital market transactions, such as Initial Public Offerings (IPOs)/ Qualified Institutional Placements (QIPs)/ Rights Issues and Offers for Sale (OFS)/block.

Investment Banking

Leading investment banking firm with leadership across capital market and advisory products.

Products and services

Capital markets and advisory services.

Life Insurance

With a customer-first approach, the company offers enhanced propositions across the value chain - from policy purchase to servicing to claim or maturity settlement.

Products and Services

Complete range of life insurance solutions across various life stage needs of customer through its multi-channel distribution network, including the digital channels.

General Insurance

Caters to the growing non-life insurance needs of individual customers and businesses.

Products and Services

Provides motor, health, home and commercial insurance, with a strong focus on digital for ease of doing business.

Mutual Fund

Serves investor requirements across active, as well as passive funds on an ongoing basis, focusing on the local, as well as offshore markets across Debt, Equity and Commodities segments for retail and institutional investors. Offers schemes that cater to investors with varying risk-return profiles. Focus on ESG Investing as India's first signatory to the United Nations Principle of Responsible Investing (UNPRI).

Products and Services

Diversified product portfolio across a wide range of equity, debt, exchange-traded funds (ETFs), index funds and overseas funds.

Pension Fund

Authorised as a pension fund management company under the National Pension System (NPS). Managing nine schemes across asset classes.

Products and Services

Offers Pension fund management.

Alternate Assets

Diversified multi-asset investment manager provides private capital to Indian companies across different verticals.

Products and Services

Manages/advises funds across six verticals: Private Equity, Real Estate, Infrastructure, Special Situations, Data Centre and Investment Advisory, all led by independent investment teams. Kotak Cherry, a 100% digital investment platform for retail investors, offers one-stop solution for all investments across Mutual Funds, Mutual Fund Baskets, Stocks, Stock Baskets and Bonds.

International Business

Provides financial services through offices in Singapore, London, New York, Dubai, Abu Dhabi and Mauritius.

Products and Services

Offerings include India bound Asset Management, Investment Advisory and Alternate Assets; India bound Institutional Equities and Prime Brokerage; Global Bond Trading and Proprietary Investments and International Wealth Management for private clients.

Microfinance

Focus on directly reaching retail microfinance borrowers through wholly owned subsidiary, BSS Microfinance, and through business correspondents. Caters primarily to women customers engaged in allied agri, micro enterprises and various income generating activities.

Products and Services

Offers a bouquet of products that are designed to cater to the evolving needs of the customers through their life cycles. The company's products cater both to retail microfinance customers and wholesale NBFC-MFIs & retail focussed NBFCs: For retail microfinance customers, the bank offers loan products designed to augment income generation and improvement in life quality. The bank reaches out to customers through its wholly owned subsidiary, BSS Microfinance and its appointed Business Correspondents. Making available credit limits to MFIs and retail focused NBFCs for on-lending. Investing in securitised papers for loans originated by MFIs.

Strategy

The key elements of the company's strategy are to technology at the core; leadership in digital capabilities; customer centricity; expanding access to low-cost liabilities; pursue advances growth; executing with discipline and improving productivity; financial inclusion as an opportunity; and pursue inorganic opportunities.

Segments

The company operates through Treasury, BMU and Corporate Centre; Retail Banking; Corporate / Wholesale Banking; Vehicle Financing; Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; and Insurance segments.

Treasury, BMU and Corporate Centre

This segment includes money market, forex market, derivatives and investments and primary dealership of Government securities and Balance Sheet Management unit (BMU) responsible for Asset Liability Management and Corporate Centre which primarily consists of support functions.

Retail Banking

This segment consists of:

Digital Banking

Business involving digital banking products acquired by Digital Banking Unit, including existing digital banking products as identified by the Management in accordance with the instructions of the RBI vide its circular dated 7th April, 2022.

Other Retail Banking

Lending

This includes commercial vehicle finance, personal loans, home loans, agriculture finance, other loans / services and exposures which fulfill the four criteria for retail exposures laid down in Basel Committee on Banking Supervision document 'International Convergence of Capital Measurement and Capital Standards: A Revised Framework'.

Branch Banking

Retail borrowings covering savings, current and term deposit accounts and Branch Banking network and services, including distribution of financial products.

Credit Cards

This includes receivables/loans relating to credit card business.

Corporate/Wholesale

This includes banking wholesale borrowings and lendings and other related services to the corporate sector which are not included in Retail Banking.

Vehicle Financing

This includes retail vehicle finance and wholesale trade finance to auto dealers from its subsidiary company.

Other Lending Activities

This includes financing against securities, securitisation and other loans / services not included under Retail Banking and Corporate / Wholesale Banking from its subsidiary companies.

Broking

Brokerage income on market transactions done on behalf of clients, interest on delayed payments, distribution of financial products from its subsidiary company.

Advisory and Transactional Services

Provides financial advisory and transactional services, such as mergers and acquisition advice and equity/debt issue management services from its subsidiary companies.

Asset Management

This includes management of funds and investments on behalf of clients and investment distribution (Cherry) from its subsidiary companies.

Insurance

This includes life and general insurance business of its subsidiary companies.

History

Kotak Mahindra Bank Limited was founded in 1985. The company was incorporated in 1985.

Kotak Mahindra Bank Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Banking: 70% Insurance: 15% Asset Management: 10% Other Financial Services: 5% TOP 3 Markets: India: 80% United Arab Emirates: 10% United Kingdom: 5% The Kotak Mahindra Bank Limited generates the majority of its revenues from banking, followed by insurance and asset management. The Indian...

At which locations are the company’s products manufactured?

Production: Not applicable Kotak Mahindra Bank Limited is a financial services institution and does not produce physical products. The company offers a variety of financial services, including banking services, insurance, asset management, and investment banking. The services are mainly provided in...

What strategy does Kotak Mahindra Bank pursue for future growth?

Strategy for Future Growth: Digital Transformation: Kotak Mahindra Bank is increasingly focusing on the digitization of its services to enhance customer experience and improve operational efficiency. This includes investments in mobile banking platforms and AI-driven customer services. Expansion...

Which raw materials are imported and from which countries?

Raw Materials/Materials: Financial services Import Countries: Not applicable Kotak Mahindra Bank Limited is a bank and not a manufacturing company, therefore it does not import physical raw materials or materials. Instead, the bank offers a variety of financial services, including loans, asset manag...

How strong is the company’s competitive advantage?

Market share in the Indian banking sector: approx. 3.5% (2023) Return on Equity (ROE): 13.5% (2023) Cost-to-Income Ratio: 47.5% (2023) Kotak Mahindra Bank Limited has a moderate competitive advantage in the Indian banking sector. The market share of about 3.5% indicates that the bank holds a signifi...

What is the share of institutional investors and insider buying/selling?

Institutional investor share: approx. 45% (estimated for 2025) Insider purchases/sales: No significant transactions in the last year (estimated for 2025) The institutional investor share in Kotak Mahindra Bank Limited is around 45%. This demonstrates the confidence of large institutional investors i...

What percentage market share does Kotak Mahindra Bank have?

Market share of Kotak Mahindra Bank: Estimated around 3-4% (2025) Main competitors and their market shares: State Bank of India (SBI): around 22% HDFC Bank: around 10% ICICI Bank: around 9% Punjab National Bank (PNB): around 6% Axis Bank: around 5% Bank of Baroda: around 4% Kotak Mahindra Bank: aro...

Is Kotak Mahindra Bank stock currently a good investment?

Return on Equity (ROE): 13.5% (2024) Net Interest Margin (NIM): 4.2% (2024) Loan Growth: 18% (2024) Kotak Mahindra Bank Limited shows a solid return on equity of 13.5%, indicating efficient use of equity to generate profits. The net interest margin of 4.2% suggests a strong ability to earn interest...

Does Kotak Mahindra Bank pay a dividend – and how reliable is the payout?

Dividend yield: 0.8% (2024) Dividend payment: INR 1.50 per share (2024) Kotak Mahindra Bank Limited paid a dividend of INR 1.50 per share in 2024, which corresponds to a dividend yield of approximately 0.8%. The bank has historically pursued a conservative dividend policy, with a stronger focus on g...

Kotak Mahindra Bank Stock Value

Kotak Mahindra Bank Company Info

Analyst Price Target

Top growth stocks in the financials sector (5Y.)

What does Kotak Mahindra Bank do?

Kotak Mahindra Bank Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal