ICICIBANK vs KOTAKBANK
Side-by-side comparison of ICICI Bank Ltd. and Kotak Mahindra Bank Ltd.. Descriptive only — not investment advice.
ICICI Bank Ltd.
Banking
Quality Score: 71/100
Kotak Mahindra Bank Ltd.
Banking
Quality Score: 57/100
At a glance
| Metric | ICICIBANK | KOTAKBANK |
|---|---|---|
| Quality Score | 71/100 | 57/100 |
| P/E (trailing) | 17.0 | 19.7 |
| Forward P/E | 14.0 | 11.9 |
| ROE | +16.4% | +11.4% |
| Profit margin | +24.9% | +26.1% |
| Debt-to-equity | — | — |
| Dividend yield | +0.87% | +0.13% |
| 1Y price return | -11.0% | -8.1% |
| From 52w high | -15.0% | -16.0% |
| Analyst rating1 = Strong Buy, 5 = Strong Sell | 1.25 | 1.72 |
Highlighted value = better on the metric (lower for P/E, D/E, drawdown, analyst rating; higher elsewhere). Descriptive only.
Snapshots
ICICI Bank trades at ₹1,264.80, a PE of 17x trailing and 14x forward, with ROE of 16.36% and a 24.93% profit margin on 5-year revenue growth of 66.9%. The stock is 15% below its 52-week high, below the 50-DMA (₹1,301) and 200-DMA (₹1,370), and has declined 10.97% over the past 12 months despite an 8% YoY earnings increase in Q4 FY26.
Kotak Bank (₹380.80) trades below both its 50-DMA (₹381.25) and 200-DMA (₹408.45), down 8.09% over 12 months and 15.98% from its 52-week high. The bank delivered a Q4 earnings beat but ROE of 11.39% — the lowest among six tracked peers — has drawn market scrutiny, and 5-year revenue growth of -11% contrasts with positive 5-year earnings growth of 9.8%. A notable recent development is RBI approval for Kotak Bank to acquire up to 9.99% stakes each in AU Small Finance Bank and Federal Bank.
Pros
- ✓Highest quality score among 6 banking-sector peers at 64, and second-ranked on both trailing PE (17x) and ROE (16.36%) within the peer set.
- ✓Forward PE of 13.96x represents a meaningful compression from trailing 17x, suggesting earnings-growth expectations are priced into a discount relative to trailing multiples.
- ✓Q4 FY26 profit of ₹13,702 cr marks 8% YoY growth with a ₹12/share dividend declared, and 5-year revenue has grown 66.9%.
- ✓Mean analyst rating of 1.25 across 40 analysts (1–5 scale, lower = more constructive).
- ✓Forward PE of 11.94 is materially below the trailing PE of 19.66, implying earnings are expected to grow significantly in the near term relative to current price.
- ✓Profit margin of 26.05% is substantial in absolute terms, and the bank delivered a Q4 earnings beat per recent news coverage.
- ✓5-year earnings growth of 9.8% is positive despite a period of top-line contraction, reflecting some degree of cost discipline or margin management.
- ✓Mean analyst rating of 1.72 across 35 analysts (1-5 scale, lower = more constructive), with 8 news articles tilting 5-positive-to-2-negative in recent weeks.
Cons
- ✗Price is below both the 50-DMA (₹1,301) and 200-DMA (₹1,370), with three resistance levels clustered between ₹1,371 and ₹1,417 — the stock has retraced 15.03% from its 52-week high.
- ✗ROE has exceeded 15% in only 3 of the years available, and FCF-positive years also number 3, indicating the quality record is not yet a long established track.
- ✗An executive director sold 59% of his holding in April 2026, which is a disclosure event worth tracking for any follow-on insider activity.
- ✗Debt trend is classified as rising; while rising liabilities are intrinsic to bank balance sheets, the absence of a precise D/E ratio limits the ability to benchmark leverage against peers quantitatively.
- ✗ROE of 11.39% ranks 5th of 6 peers and has not exceeded 15% in any tracked year; peers Bajaj Finance (17.91%), Axis Bank (13.15%), and HDFC Bank (13.82%) all record higher returns on equity.
- ✗5-year revenue growth of -11% points to top-line contraction over the medium term; debt trend is classified as rising and the consistency score of 32 out of 100 is low.
- ✗Price remains below both the 50-DMA (₹381.25) and the 200-DMA (₹408.45) with the stock 15.98% off its 52-week high; the nearest resistance cluster at ₹386.45-386.85 is only 1.5-1.6% above current price.
- ✗FCF was positive in only 3 of tracked years, and with debtToEquity unavailable, the rising debt trend cannot be precisely quantified — a data limitation that makes leverage assessment incomplete.
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For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Comparison reflects current public data; consult a registered adviser before any investment decision.