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Kotak Mahindra Bank stock: growth

KOTAKBANK.NS
$5.21Closing price of 12 Nov 2026MEQIRI Score 72 out of 100

Growth only counts when it reaches the bottom line. That is why revenue and earnings for Kotak Mahindra Bank Limited stand side by side here: revenue growing faster than earnings is growth that was bought.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
18%
per year from 2007 to 2026, per share 15.4%
Earnings (Annual rate)
20.7%
per year from 2007 to 2026, per share 18%

Free cash flow is left out here for banks and insurers: there it mostly reflects movements in loans and deposits and says little about the business. The score leaves it out as well.

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2021since 2016since 2007
Revenue12.9%17.0%18.0%
Revenue per share12.7%16.0%15.4%
Earnings14.1%18.8%20.7%
Earnings per share13.9%17.8%18.0%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
Figures as a table
YearRevenueEarnings
2007$358.75M$57.21M
2008$623.06M$105.36M
2009$555.45M$69.34M
2010$880.12M$138.92M
2011$892.26M$166.53M
2012$866.44M$194.75M
2013$1.03B$232.61M
2014$1.12B$262M
2015$1.51B$323.7M
2016$1.73B$367.64M
2017$2.32B$525.11M
2018$2.69B$659.09M
2019$3.17B$765.72M
2020$3.54B$913.38M
2021$4.53B$1.06B
2022$4.89B$1.28B
2023$5.51B$1.59B
2024$7.41B$1.94B
2025$8.11B$2.35B
2026$8.32B$2.05B

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 27 Oct 2026)
  • Valuation signal Overvalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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