Company: Kotak Mahindra Bank Ltd. Category: IPO Notes


Kotak Mahindra Bank (KMB) reported 4QFY19 results with the key takeaways being: (1) Life Insurance subsidiary has been a standout performer with VNB margin at an industry high 36%.
May 2, 2019, 11:06 a.m.
Publisher: nirmalbang.com

Amidst the headline noise we see pressure points at the core. While the blended growth was healthy, we sense areas of market share loss and weakness in the retail.
Jan. 22, 2019, 11:48 a.m.

With 80% of deposits being sourced through the digital platform, the Bank has been utilising its strong digital footprint to leverage potential of physical branch expansion.
Jan. 22, 2019, 11:43 a.m.
Publisher: trade.rsec.co.in

With 80% of deposits being sourced through the digital platform, the Bank has been utilising its strong digital footprint to leverage potential of physical branch expansion.
Jan. 22, 2019, 11:43 a.m.
Publisher: trade.rsec.co.in


We have retained our NII estimates, revised our PPOP estimates by 0.2%/0.2%/0.2% and PAT estimates by 0.2%/0.2%/0.2% for FY19/FY20/FY21, respectively. We have retained Buy rating on KMB and revised our target price to Rs1,559 (from Rs1,558 earlier), valuing the stock at 4.0x 1HFY21E P/BV.
Jan. 22, 2019, 10:50 a.m.
Publisher: nirmalbang.com

KMB earnings were in‐line with expectations with Cons PAT of Rs16.2bn & Standalone PAT of Rs10.5bn. Loan growth improved by 23% YoY partly due to base effect and strong growth in retail & corporate segments.
Jan. 20, 2019, 11:50 a.m.
Publisher: plindia.com

Kotak Mahindra Bank (KMB) has reported a healthy performance in 2QFY19. Its standalone PAT grew by 14.8% YoY and 11.4% QoQ to Rs11.4bn aided by strong growth in loan book (+21.2% YoY and +4.5% QoQ), best-in-class NIMs of 4.2% and strong growth in fee income (+25.8% YoY and +3% QoQ).
Oct. 25, 2018, 12:02 p.m.
Publisher: trade.rsec.co.in

KMB’s s’lone earnings was largely in-line with expectations with PAT at Rs11.4bn (PLe: Rs11.8bn) but operating pressure felt some pressure as NII growth was slower and higher other opex offset better other income.
Oct. 24, 2018, 12:06 p.m.
Publisher: plindia.com

Kotak Mahindra Bank (KMB) has reported a below par bottom-line performance in 1QFY19 led by sharp increase in MTM provisioning expenses on its AFS/HFT bond portfolio.
July 20, 2018, 10:37 a.m.
Publisher: trade.rsec.co.in

The bank’s standalone performance lagged expectations with slower than estimated momentum on loan growth, NIMs saw further pressure despite the bank conserving on capital, quarter end CASA growth hitting high base and core fee income growth lagging advance growth.
July 20, 2018, 9:47 a.m.

-->