Kotak Mahindra Bank Limited delivered a strong quarterly performance with standalone net profit for Q4 reaching ₹4,026 crore, marking a 13% year-on-year growth from ₹3,550 crore in the corresponding quarter last year. The bank reported revenue of ₹14,200 crore for the quarter, a 5% increase from ₹13,500 crore in the previous year. The Board of Directors approved these audited standalone and consolidated results at their meeting held on May 2, 2026. Following the results, several leading global brokerages maintained bullish ratings on the stock, citing strong core performance, improving asset quality, and attractive valuations.

Q4FY26 Standalone Performance Highlights

The bank demonstrated robust operational performance across key metrics during the fourth quarter:

Asset Quality Shows Marked Improvement

The bank demonstrated significant improvement in asset quality metrics with Gross NPA ratio declining to 1.20% in Q4 from 1.30% in the previous quarter, while Net NPA ratio improved to 0.25% from 0.31% quarter-on-quarter. Fresh slippages for the quarter declined to ₹1,018 crore, representing a substantial improvement from ₹1,610 crore in the previous quarter and ₹1,488 crore in the corresponding quarter last year.

FY26 Annual Financial Performance

For the full financial year, the bank reported steady growth in key revenue streams:

*Excluding gain on ZKGI divestment

Business Growth and Customer Metrics

The bank maintained strong growth momentum across its lending and deposit portfolios:

Consolidated Results and Subsidiary Performance

Consolidated PAT for Q4FY26 stood at ₹5,423 crore, up 10% YoY from ₹4,933 crore in Q4FY25. For FY26, consolidated PAT reached ₹19,288 crore. Key subsidiaries contributed significantly to overall performance:

Capital Position and Dividend Recommendation

The bank maintained robust capital adequacy with Basel III ratio at 22.40% and CET1 ratio at 21.30%, well above regulatory requirements. The Board recommended a dividend of ₹0.65 per equity share of face value ₹1 for FY26, subject to shareholder approval at the Annual General Meeting. Return on Assets stood at 2.14% for Q4FY26 and Return on Equity at 12.27% for the quarter.

Brokerage Views Post Q4FY26 Results

Following the Q4FY26 results, leading global brokerages weighed in with their assessments. The majority maintained bullish stances, highlighting the PAT beat, improving asset quality, and steady loan and NII growth as key positives. The following table summarises the ratings and target prices:

Kotak Mahindra Bank Limited has announced that the audio recording of its earnings conference call for the financial year ended March 31, 2026, is now available on its official website. The bank communicated this development to both major stock exchanges through a formal regulatory filing.

Conference Call Details

The earnings conference call was conducted on May 2, 2026, at 5:30 p.m. IST to discuss the bank's consolidated and standalone audited financial results for FY26. The call provided stakeholders with insights into the bank's performance and financial position for the concluded financial year.

Accessibility and Compliance

The audio recording has been uploaded to the bank's investor relations section and can be accessed through the official website at kotak.bank.in under the financial results section. This initiative ensures transparency and provides investors and analysts with continued access to management discussions and financial insights.

The bank has formally notified both BSE Limited and National Stock Exchange of India Limited about the availability of this recording, requesting the exchanges to disseminate this information on their respective websites. This communication was signed by Avan Doomasia, Company Secretary of Kotak Mahindra Bank Limited.

Regulatory Framework

The notification was issued under Regulation 30, which pertains to disclosure of events or information to stock exchanges. This regulatory compliance demonstrates the bank's commitment to maintaining transparency with its stakeholders and ensuring proper information dissemination to the investment community.

The formal communication was digitally signed and timestamped on May 2, 2026, at 19:22:42 IST, reflecting the bank's adherence to digital documentation standards and regulatory requirements.