Kotak Mahindra Bank Limited · NSE:KOTAKBANK
Kotak Mahindra Bank — Q1 FY2026 Earnings Presentation
26 slides from Kotak Mahindra Bank's earnings presentation, Jul 26, 2025
Slide 1: Transforming for scale
Transforming for scale Investor Presentation Q1FY26 Presentation on financial results for the Period ended 30th June, 2025 26th July, 2025
Slide 2: Key Updates for Q1FY26
Consolidated • PAT: ₹ 4,472 cr • ROE: 11.13% • ROA: 2.03% • Book value per share: ₹ 829, Up 17% YoY • Group AUM: ₹ 750,143 cr, Up 18% YoY Key Updates Bank • PAT: ₹ 3,282 cr • Avg Advances *: Up 14% YoY for Q1FY26 • NIM: 4.65% • Avg Deposits: Up 13% YoY • CASA Ratio: 40.9% • NNPA: 0.34% Subsidiaries
Slide 3: Kotak's predominance in its businesses
Kotak’s predominance in its businesses Bank’s milestones Subsidiaries highlights Customer reach #4 Private Sector Bank in India# Kotak Mahindra Capital - Ranked #1* 5.4 cr in the Equity Capital Markets category for Bank Customers the 3rd consecutive year ₹ 4.30 trn 5,440 2,154 Market Cap as on 30th
Slide 4: Consolidated Highlights
Consolidated Highlights PAT ROA ROE Q1FY26 ₹ 4,472 cr 1% 2.03% 11.13% @ Q1FY25 FY24 ₹ 7,448 cr 3.87% 22.04% Q1FY25 (excl. gain on KGI# 13.12%^ divestment) ₹ 4,435 cr 2.30% Customer Assets* CAR CET - I Book Value/Share As at Jun’25 As at Mar’24 ₹ 557,369 cr 13% 23.7% 22.7% ₹ 829 17% As at Jun’24 ₹ 49
Slide 5: Kotak Group PAT – Q1FY26
Kotak Group PAT – Q1FY26 ₹ cr Q1FY26 Q1FY25 Q4FY25 YoY PAT Contribution Kotak Mahindra Bank 3,282 3,520 3,552 (7%) Kotak Mahindra Prime 272 232 297 17% Q1FY26 Kotak Mahindra Investments 107 138 116 (22%) Kotak Infrastructure Debt Fund 14 11 13 74% 28% 82% BSS Microfinance (23) 50 (91) - Sonata Finan
Slide 6: Kotak Group Networth & ROE
Kotak Group Networth & ROE CET-I Networth Contribution ₹ cr PAT Q1FY26 Networth Jun’25 ROE Kotak Mahindra Bank 3,282 123,428 21.8% Kotak Mahindra Prime 272 10,453 23.0% Kotak Mahindra Investments 107 3,947 37.4% Kotak Infrastructure Debt Fund 14 587 44.8% 84% BSS Microfinance (23) 913 Sonata Finance
Slide 7: Bank Highlights
Bank Highlights PAT NIM Cost / Income ROA Q1FY26 ₹ 3,282 cr -7% 4.65% 46.19% 1.94% Q1FY25 FY24 ₹ 6,250 cr 5.02% 34.10% 4.22% Q1FY25 (excl. gain on KGI divestment) ₹ 3,520 cr 5.02% 46.23% 2.38% Customer Assets* Net NPA CASA Ratio CAR CET-I AsQ4FY24 at Jun’25 ₹ 492,972 cr 13% 0.34% 40.9% 23.0% 21.8% A
Slide 8: Bank's Profit and Loss Account – Q1FY26
Bank’s Profit and Loss Account – Q1FY26 ₹ cr Q1FY26 Q1FY25 Q4FY25 YoY FY25 Notes Net Interest Income 7,259 6,842 7,284 6% 28,342 Other Income 3,080 2,929 3,182 5% 11,418 Fee and Services 2,249 2,240 2,616 - 9,530 Q4FY25 includes provision on AIF investment of ₹ 56 cr, interest on Trading and MTM inc
Slide 9: Balance Sheet
Balance Sheet ₹ cr 30-Jun-25 30-Jun-24 31-Mar-25 ₹ cr 30-Jun-25 30-Jun-24 31-Mar-25 Capital & Reserves and Surplus 123,428 106,308 117,146 Cash, Bank and Call 43,080 37,161 65,779 Deposits 512,838 447,418 499,055 Investments 182,292 162,578 181,907 of which, CASA 209,645 194,222 214,416 Net Advances
Slide 10: Deposits
Deposits CASA (EOP) (₹ cr) Averages Q1FY26 YoY % Q1FY25 40.9% 43.4% 43.0% CASA % Total Deposits 491,998 13% 435,603 13,288 18,730 19,606 Floating rate SA Current Account 67,809 9% 62,200 114,657 111,949 105,348 Fixed rate SA CA Savings Account 124,186 2% 122,105 81,700 70,144 82,861 Term Deposit 300
Slide 11: Customer Assets
Customer Assets ₹ cr 30-Jun-25 30-Jun-24 31-Mar-25 YoY QoQ Home Loans & LAP 131,541 110,850 127,025 19% 4% Advance Mix Business Banking Assets 44,469 37,591 42,797 18% 4% PL, BL and Consumer Durables 24,368 20,317 24,818 20% (2%) 2% Consumer Credit Cards 12,924 14,644 13,420 (12%) (4%) 8% Others 3,1
Slide 12: Asset Quality
Asset Quality ₹ cr Q1FY26 Q1FY25 Q4FY25 ₹ cr 30-Jun-25 30-Jun-24 31-Mar-25 Opening GNPA 6,134 5,275 6,266 GNPA (%) 1.48% 1.39% 1.42% Fresh Slippages 1,812 1,358 1,488 NNPA (%) 0.34% 0.35% 0.31% Upgradations & Recoveries 549 586 747 PCR (%) 77% 75% 78% Write-offs 759 570 873 GNPA 6,638 5,477 6,134 Cl
Slide 13: Rendering digital experiences for our chosen customer segments
Rendering digital experiences for our chosen customer segments Affluent, NR and Self Billion Indians Corporate and Investors Employed (core India) SME (for trading and investment needs) New Kotak Bank App Kotak811 Kotak fyn Kotak Cherry Kotak Neo Personalised App Full-stack digital banking Enterpris
Slide 14: Kotak Securities
Kotak Securities ₹ cr Q1FY26 Q1FY25 Q4FY25 FY25 KS Cash ADV (₹ cr) Total Income 1,446 1,298 1,315 5,348 Profit After Tax 465^ 400 348^ 1,640^ Cash Market Share* (%) 10.1 10.1 8.8 9.4 8,556 7,662 7,320 5,698 Derivative Market Share* (%) 14.3 12.3 13.6 12.9 Overall Market Share*(%) 12.8 11.5 12.0 11.6
Slide 15: Kotak Mahindra AMC & Trustee Co.
Kotak Mahindra AMC & Trustee Co. Average Assets Under Management (₹ cr) - Overall ₹ cr Q1FY26 Q1FY25 Q4FY25 FY25 Profit After Tax 326* 175 364* 977* *PAT includes gains due to alignment of valuation of investment portfolio as per 525,829 RBI’s Master Direction: 487,155 468,820 - Q1FY26: ₹ 83 cr 421,
Slide 16: Assets Under Management
Assets Under Management Total: Total: ₹ 750,143 ₹ 560,140 Cr. cr 18% Total: ₹ 420,880 Cr. Total: ₹ 636,311 cr Domestic MF Equity Domestic MF Equity 357,323 293,167 Domestic MF Debt Domestic MF Debt 192,866 151,626 30th Jun, Offshore Funds^ 30th Jun, Offshore Funds^ NPS & PMS 2025 51,449 NPS & PMS 20
Slide 17: Kotak Mahindra Life Insurance
Kotak Mahindra Life Insurance Gross written premium (₹ cr) ₹ cr Q1FY26 Q1FY25 Q4FY25 FY25 2,861 2,857 7,239 18,376 Capital and Reserves & 6,437 5,807 6,403 6,403 Surplus 1,344 1,201 4,340 9,832 Total Premium 2,861 2,857 7,239 18,376 Profit After Tax 965 1,038 4,450 327 174 73 769 1,379 (Shareholders
Slide 18: Kotak Mahindra Prime
Kotak Mahindra Prime ₹ cr Q1FY26 Q1FY25 Q4FY25 FY25 Customer assets* (₹ Cr.) NII 568 503 584 2,133 41,469 40,123 35,894 Other Income 177 153 175 686 NII and Other Income 745 656 759 2,819 34,146 33,421 30,879 Profit Before Tax 363 310 397 1,357 Profit After Tax 272 232 297 1,015 7,323 6,702 5,015 NN
Slide 19: ESG at Kotak
ESG at Kotak Board-level CSR and ESG committee constituting both the Board Chair and the MD & CEO, has oversight of the Bank’s ESG strategy and performance Environment Social Governance Sustainable finance Focus on Colleagues Tenured senior management Board approved green and sustainable finance 5 p
Slide 20: Geographical presence
Geographical presence Group Branches distributed across various geographies Bank Branch Classification (No. | %) Metro 989 | 46% Network in India Branches Urban 471 | 22% Semi Urban 319 | 15% Kotak Bank 2,154 2,154 Rural 375 | 17% Kotak Mahindra Prime 162 Kotak Life Insurance 318 Kotak Securities# 1
Slide 21: Strategy to transform for scale
Strategy to transform for scale Our Enablers 21
Slide 22: Creating value for our stakeholders
Creating value for our stakeholders Customers: The Heart of Our Business Getting it right by our customers by understanding their needs and stitching together relevant product propositions drawn from capabilities across the Group companies will help us become primary Banking relationship for our Cus
Slide 23: Kotak's unique financial conglomerate structure
Kotak’s unique financial conglomerate structure Parent Company Kotak Mahindra Bank Kotak Securities Bank Stock Broking Kotak Mahindra Prime Kotak Mahindra Capital Company Car and Two-Wheeler Loans Banking & Capital Investment Banking Other Markets Kotak Mahindra Investments Lending & Investments Len
Slide 24: Delivering value to our customers through the power of 'One Kotak'
Delivering value to our customers through the power of ‘One Kotak’ Individuals Corporate & Institutional Public Institutional Conglomerates UHNI Central Govt. Institutional NRI Clients State Govt. Affluent Large Corporates Public Sector Core* Mid Markets/SME Enterprises Financial Inclusion Public Se
Slide 25: Strong and committed leadership team
Strong and committed leadership team Ashok Vaswani Shanti Ekambaram Jaideep Hansraj Paritosh Kashyap Devang Gheewalla 1 Year 34 Years 32 Years 30 Years 21 Years Managing Deputy Managing Whole Time Director Whole Time Director Group CFO Director & CEO Director Designate* Vyomesh Kapasi Manish Kothari
Slide 26: Disclaimer
Disclaimer This presentation is for information purposes only and Equity does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Kotak Mahindra Bank Limited (the “Bank”) and no part of it shall form the basis of or be relied upon in connect
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