Kotak Mahindra Bank Stock Price Analysis and Quick Research Report. Is Kotak Mahindra Bank an attractive stock to invest in?

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Kotak Mahindra Bank stock price today is Rs 1973.3. Let’s look at how Kotak Mahindra Bank is performing and if it is the right time to buy the stock of Kotak Mahindra Bank with detailed analysis.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Kotak Mahindra Bank has earned Rs 52919.7287 Cr. revenue in the latest financial year. Kotak Mahindra Bank has posted outstanding revenue growth of 25.086081905092 % in last 3 Years.

• In terms of advances, Kotak Mahindra Bank reported 13.517 % YOY,  rise . If you see 3 years advance growth, it stands at 16.3197161577123 %.

• Currently, Kotak Mahindra Bank has a CASA ratio of 42.9644 %. It’s overall cost of liability stands at 4.4891 %. Also, the total deposits of Kotak Mahindra Bank from these accounts stood at Rs 499055.1352 Cr.

• Kotak Mahindra Bank has a healthy ROA track record. The ROA of Kotak Mahindra Bank is at 2.5426 %.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 1.42 % and 0.31 % respectively as on the latest financial year.

• One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 86.9660816153902 % which means it has increased from the previous year.

• Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Kotak Mahindra Bank surged and is currently at Rs 14961.135 Cr.

• Kotak Mahindra Bank has a Good Capital Adequacy Ratio of 22.25 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently Kotak Mahindra Bank is trading at a P/B of 3.2323 . The historical average PB of Kotak Mahindra Bank was 4.36945736021694.

• Share Price: - The current share price of Kotak Mahindra Bank is Rs 1973.3. One can use valuation calculators of ticker to know if Kotak Mahindra Bank share price is undervalued or overvalued.