Case study

KOTAKBANK

Kotak Mahindra Bank Limited

Worth a closer look1y model +8.6%

Each stock's 10,000-path forecast, rendered as light.

60Score

Kotak Mahindra Bank Limited (KOTAKBANK) Stock Analysis & Case Study

Is KOTAKBANK a good buy? The data-driven verdict.

Kotak Mahindra Bank Limited (KOTAKBANK) trades at ₹391,on the numbers it worth a closer look, a Downstox Snapshot Score of 60/100.

On the numbers, Kotak Mahindra Bank Limited (KOTAKBANK) worth a closer look, a Downstox Snapshot Score of 60/100, weighing fairly valued at 19.4× earnings, ROE of 11.4%, a 65% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

KOTAKBANK fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹3.89L Cr
Current price
₹391
P/E ratio
19.4×
P/B ratio
2.15×
Book value
₹182
Dividend yield
0.17%
ROCE
7.0%
ROE
11.4%
Piotroski F-Score
6/8

How KOTAKBANK ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for KOTAKBANK, as of 9 Aug 2026, so it is not ranked here.

Is KOTAKBANK overvalued? KOTAKBANK P/E vs its Banking

KOTAKBANK's P/E of 19.4× sits above the Banking peer median of 18.2×, so on earnings it screens in line with peers, while its 0.17% dividend yield is above the peer median of 0.17%.

KOTAKBANK P/E
19.4×
Peer median P/E
18.2×
KOTAKBANK div yield
0.17%
Peer median yield
0.17%

KOTAKBANK share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of KOTAKBANK history (9%/yr drift, 22%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
KOTAKBANK 2027₹321₹424₹561+9%
KOTAKBANK 2028₹308₹461₹688+18%
KOTAKBANK 2029₹308₹500₹813+28%
KOTAKBANK 2030₹310₹543₹952+39%
KOTAKBANK 2031₹317₹590₹1,097+51%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability KOTAKBANK goes up, or doubles?

65%
Higher in 1 year
Modelled chance the price is above today in 12 months
81%
Higher in 5 years
Modelled chance the price is above today in 5 years
28%
Doubles in 5 years
Modelled chance of reaching ₹782 within 5 years

The bull case for KOTAKBANK

  • KOTAKBANK's P/E of 19.4x is lower than 64% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A 10,000-path probability model puts a 65% chance the price is higher in a year, with a median target of ₹424 (+9%).
  • Relatively low volatility (22%/yr), a steadier ride than the typical mid/small-cap.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹813.

The bear case & risks

  • KOTAKBANK's return on equity of 11.4% ranks in the 57th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹308.

KOTAKBANK volatility & expected range, how bumpy is the ride?

Over the last 9.8 years KOTAKBANK compounded at 9%/year with annualized volatility of 22%. That volatility implies a 1-year 80% range of ₹321-₹561, the honest backbone behind any single price target.

KOTAKBANK price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
8.6%
80% range₹321-₹561
P(price ↑)65%
P(price 2×)0%
3-Year Forecast
2029
₹0
Median (P50)
28.0%
80% range₹308-₹813
P(price ↑)74%
P(price 2×)12%
5-Year Forecast
2031
₹0
Median (P50)
50.9%
80% range₹317-₹1,097
P(price ↑)81%
P(price 2×)28%

KOTAKBANK price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
KOTAKBANK simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds KOTAKBANK hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the KOTAKBANK price target & forecast page.

KOTAKBANK Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. KOTAKBANK scores 6/8, mixed financial health.

KOTAKBANK MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy KOTAKBANK with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox23.00%4.3×
Zerodha22.60%4.4×
Groww22.56%4.4×
Dhan22.00%4.5×
Paytm MoneyCHEAPEST20.16%5.0×
Pocketful26.50%3.8×
Fyers27.03%3.7×
Anand Rathi26.50%3.8×
Bajaj Broking23.00%4.3×
Share India26.50%3.8×

Compare every broker on the KOTAKBANK MTF page.

KOTAKBANK vs peers,Banking comparison

StockP/EDiv yieldMarket cap
KOTAKBANK (this stock)19.4×0.17%₹3.89L Cr
HDFCBANK14.3×1.78%₹11.26L Cr
ICICIBANK18.2×0.84%₹10.20L Cr
SBIN12.0×1.58%₹10.13L Cr
INDUSINDBK60.2×0.15%₹79,627 Cr
YESBANK18.9×0.00%₹71,218 Cr
AXISBANK13.9×0.08%₹3.85L Cr

Fundamentals from Screener.in, as of 9 Aug 2026

About Kotak Mahindra Bank Limited: sector, index & market-cap context

Kotak Mahindra Bank Limited (KOTAKBANK) is a large-cap NSE-listed company in the Banking sector, and a constituent of the Nifty 50 index, with a market capitalisation of ₹3.89L Cr. See more stocks on our screener.

How the KOTAKBANK Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Kotak Mahindra Bank Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

KOTAKBANK analysis, FAQs

Is Kotak Mahindra Bank Limited (KOTAKBANK) a good buy?

On the numbers, Kotak Mahindra Bank Limited (KOTAKBANK) worth a closer look, a Downstox Snapshot Score of 60/100, weighing fairly valued at 19.4× earnings, ROE of 11.4%, a 65% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is KOTAKBANK overvalued or undervalued?

KOTAKBANK trades at 19.4× earnings versus a peer median of 18.2×, so it screens richer than its Banking peers.

What is the KOTAKBANK share price target for 2031?

KOTAKBANK's probability-weighted 2031 median target is ₹590, with an 80% range of ₹317-₹1,097 (10,000-path Monte-Carlo).

What is the probability KOTAKBANK doubles in 5 years?

The modelled probability of KOTAKBANK reaching ₹782 (2×) within 5 years is 28%.

What is the bull case for KOTAKBANK?

KOTAKBANK's P/E of 19.4x is lower than 64% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 65% chance the price is higher in a year, with a median target of ₹424 (+9%). Relatively low volatility (22%/yr), a steadier ride than the typical mid/small-cap.

What are the risks in KOTAKBANK?

KOTAKBANK's return on equity of 11.4% ranks in the 57th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on KOTAKBANK