Kotak Bank Share Price in Focus; PAT Rises 13% YoY in Q4 FY26 Results

Kotak Mahindra Bank announced its financial results for the quarter and financial year ended March 31, 2026. 

The bank reported a standalone profit after tax of ₹4,027 crore for Q4 FY26, marking a 13% year-on-year increase and a 17% sequential rise. For the full year FY26, PAT stood at ₹14,008 crore, up 2% YoY.

Income Growth and Margins

Net interest income for Q4 FY26 rose 8% YoY to ₹7,876 crore, while full-year NII increased 6% to ₹30,010 crore. Net interest margin stood at 4.67% in Q4, slightly lower than the previous year but improved sequentially. Fee and services income also showed healthy traction, growing 6% YoY in the quarter and 5% for the full year.

Operating profit for Q4 FY26 increased by 7% YoY to ₹5,855 crore, supported by controlled operating expenses, which rose only 3% YoY. Cost-to-assets ratio remained stable at around 2.75% for FY26, reflecting operational efficiency.

Asset Quality and Balance Sheet Strength

The bank continued to strengthen its asset quality, with gross non-performing assets declining to 1.20% and net NPAs to 0.25% as of March 31, 2026. Provisions for the quarter dropped sharply by 43% YoY, indicating improved credit performance. Credit cost also moderated to 0.39% for Q4 FY26.

Net advances grew 16% YoY to ₹496,009 crore, while total deposits rose 15% YoY to ₹572,456 crore. The CASA ratio stood at 43.3%, reflecting a stable low-cost deposit base. The bank’s capital adequacy ratio remained strong at 22.4%, providing a solid cushion for future growth.

Consolidated Performance Highlights

On a consolidated basis, Kotak Mahindra Bank reported a PAT of ₹5,423 crore for Q4 FY26, up 10% YoY. Full-year consolidated PAT stood at ₹19,288 crore. The bank’s consolidated net worth increased significantly, and assets under management grew 12% YoY to ₹747,613 crore, driven by strong performance in mutual fund and wealth management segments.

Dividend Announcement and Outlook

The Board recommended a dividend of ₹0.65 per equity share for FY26, subject to shareholder approval. With a growing customer base of 5.2 crore and strong liquidity coverage ratio of 134%, the bank remains well-positioned to sustain growth momentum.

Kotak Mahindra Bank Share Price Today

On May 4, 2026, Kotak Mahindra Bank share price (NSE: KOTAKBANK) opened at ₹378.90. At 11:56 AM, the share price of Kotak Bank was trading at ₹373.65, down by 2.52% on the NSE.

Also Read: Kotak Mahindra Bank Probes Missing ₹150 Crore Deposits in Panchkula!

Conclusion

Kotak Mahindra Bank’s FY26 results reflect a balanced performance with steady income growth, improved asset quality, and strong capital adequacy. Despite margin pressures, the bank continues to demonstrate resilience through disciplined execution and diversified growth drivers, positioning itself for sustainable long-term expansion.

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