Kotak Mahindra Bank Ltd.
Banking · NSE
52-week range
₹346 – ₹453
From 52w high
-16.0%
RSI (14)
52.7
vs SMA 50 / 200
↓ 50 · ↓ 200
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.
- ✓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.
- ✗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.
- ·RBI granted Kotak Bank approval (reported 7 May 2026) to raise stakes to up to 9.99% each in AU Small Finance Bank and Federal Bank, an inorganic expansion move covered positively across multiple outlets including The Economic Times and BusinessLine.
- ·Despite a Q4 earnings beat, a headline from HDFC Sky (4 May 2026) noted the stock slipped on RoE concerns — pointing to a disconnect between quarterly profit numbers and investor focus on structural return metrics.
- ·The gap between trailing PE (19.66) and forward PE (11.94) implies consensus expects a meaningful step-up in reported earnings; whether that projection accounts for the rising debt trend is a key open variable.
- ?Does the RBI-approved stake acquisition in AU Small Finance and Federal Bank represent a capital-allocation shift, and how does it interact with the bank's already-rising debt trend?
- ?The forward PE of 11.94 versus trailing PE of 19.66 implies a substantial earnings jump is expected — what are the key drivers behind that consensus estimate, and what could cause it to miss?
- ?ROE has not exceeded 15% in any tracked year; is the structural ROE ceiling a function of the bank's asset mix, capital adequacy requirements, or operating leverage constraints?
- ?With the stock below the 200-DMA for an extended period and support levels at ₹367.65 and ₹345.50, what conditions or catalysts have historically preceded reversals in the bank's price trend?
PE
19.7
Forward PE
11.9
ROE
+11.4%
Profit margin
+26.1%
D/E
—
Dividend yield
+0.1%
Quality score
47/100
ROE 5y above 15%
0/5 yrs
FCF 5y positive
3/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 10 May 2026.