Banks · NSE: KOTAKBANK
Intrynsic's multi-model valuation estimates Kotak Mahindra Bank Limited's fair value at ₹249 per share (range ₹192–₹249) against a market price of ₹431 (close of 23 Oct 2026): the estimate is 42% below the price. Estimate updated 23 October 2026. This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹431
close of 23 Oct 2026
Est. fair value
₹249
₹192–₹249
Estimate vs price
-42.3%
estimate below price
Above fair-value est.
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.
FY26
FY26
FY26
FY26
Over the last 3 years, revenue grew 18.3%/yr and profit grew 8.9%/yr. Over 9 years, revenue grew 13.5%/yr and profit 16.1%/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's multi-model valuation estimates Kotak Mahindra Bank Limited's fair value at ₹249 per share (range ₹192–₹249), last updated 23 October 2026. This is an estimate based on stated assumptions, not investment advice.
Kotak Mahindra Bank Limited trades at ₹431 against Intrynsic's estimated fair value of ₹249 - the market price is 42% 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 22.2 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. The models rely on assumptions (discount rates, growth, multiples) that may prove wrong and on past financials, which do not guarantee future results; prices also move on macro factors the models don't capture. 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