Banks · NSE: KOTAKBANK
Intrynsic's multi-model valuation estimates Kotak Mahindra Bank Limited's fair value at ₹243 per share (range ₹186–₹243) against a market price of ₹385 - a gap of -36.8% (updated 24 July 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹385
close of 24 Jul 2026
Est. fair value
₹243
₹186–₹243
Gap
-36.8%
price vs estimate
Trading ~37% above our estimated fair-value range. Assumptions and per-model workings are below.
Kotak Mahindra Bank is a conservative private bank with strong margins and large lending, broking, insurance and asset-management arms. Founder Uday Kotak built it from a finance company into a full bank.
Banks · Banks
Over the last 3 years, revenue grew 18.3%/yr and profit grew 8.9%/yr.
Every ₹100 of shareholder money earned ₹10.6 in profit last year, vs a sector median of 12.2%.
Borrowing is core to a lender's business model — judge it on profitability and consistency instead.
The market price is above our estimated fair-value range (based on stated assumptions).
Returns on equity varied by about 1.3 percentage points over the last 5 years — steady.
Intrynsic values Kotak Mahindra Bank Limited with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| P/B + Excess ReturnBank Net Worth Method | ₹243 | -37% | - |
| DDMDividend Discount Method | ₹9 | -98% | - |
| Bank FCFE DCFBank Cash Flow Method | ₹186 | -52% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 18.2% a year for the next decade - versus 19.9% historical revenue growth.
| Revenue | ₹69,781 Cr | |
| Net profit | ₹19,288 Cr | |
| EPS | ₹19.39 | |
| Free cash flow | ₹25,208 Cr | |
| ROE (latest) | 10.6% | |
| Revenue growth (CAGR) | 13.5% | |
| Profit growth (CAGR) | 16.1% |
Intrynsic's multi-model valuation estimates Kotak Mahindra Bank Limited's fair value at ₹243 per share (range ₹186–₹243), last updated 24 July 2026. This is an estimate based on stated assumptions, not investment advice.
Kotak Mahindra Bank Limited trades at ₹385 against Intrynsic's estimated fair value of ₹243 - the market price is 37% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Kotak Mahindra Bank Limited trades at about 19.8 times its latest annual earnings per share.
Kotak Mahindra Bank is a conservative private bank with strong margins and large lending, broking, insurance and asset-management arms. Founder Uday Kotak built it from a finance company into a full bank.
Intrynsic runs 3 valuation models for Kotak Mahindra Bank Limited (P/B + Excess Return, DDM, Bank FCFE DCF) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy