Kotak
Mahindra Bank Ltd closes at ₹ 1302.00 with
a Fall of -0.1 %
on 19-June- 2020 with formation of
a Small Red Candle on Daily Price
Chart.
About the Company : Kotak Mahindra Bank provides
a full suite of banking services to its customers encompassing Retail Banking,
Treasury and Corporate Banking in India and also has a representative office in
Dubai
The
Bank has
post Net Interest Income of ₹ 17573.48 Cr
& Net Profit of ₹8593.36
Cr in FY2020 and and expected to Post Net Interest Income of ₹ 18097.95 Cr & Net Profit of ₹ 7661.67 Cr in FY2021 .
Valuations : The Company is now Trading at X 1.80 of its Value. We have valued the company
with its last Financial Year 2020
earnings , which is now almost ~80 %
Premium to its value & X 1.97 of its FY20201earning with a Premium of ~ 97%
.
Strength : The bank is now
working on a plan regarding shape of business, future requirements, impact on
the cost-to income ratios, digital and technology against the branch networks,
strategy on branch expansion from existing 1600 branches, levers needed to
press to significantly transform Kotak as an institution in the time ahead in the post-COVID world.
Margin of Safety (1Yr Bond
Yield: Value>1 ) is now 0.90 . A 10 %
slide in CMP will make it
attractive. However, its Future Price with its FY2021 earnings is ₹
1460.90.
Disclaimer : We are / may going to take exposure
shortly.
The author tracks economic, behavioural and corporate tends, hoping to
gauge good avenues of return based on Fundamental Valuations of Stocks, a follower
of EPV method. You can reach me/us at
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