Kotak Mahindra Bank vs IndusInd Bank: share price, P/E, ROE and financials compared
Kotak Mahindra Bank
IndusInd Bank
Kotak Mahindra Bank and IndusInd Bank at a glance
Kotak Mahindra Bank and IndusInd Bank are both listed in Financial Services. Kotak Mahindra Bank is the larger by market cap, at ₹4.8L Cr against ₹70,922 Cr for IndusInd Bank (6.7 times as large). On valuation, Kotak Mahindra Bank has the lower P/E (22.2× against 23.7×), while IndusInd Bank has the lower price-to-book (1.04× against 2.45×). On returns and margins, Kotak Mahindra Bank has the higher ROE (11.8% against 4.5%). Over three years, Kotak Mahindra Bank has faster 3-year profit growth (+8.9% against −50.7% a year). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | Kotak Mahindra BankKOTAKBANK | IndusInd BankINDUSINDBK |
|---|---|---|
| Price (₹) | 480.00 | 910.25 |
| Market cap (₹ Cr) | 4,77,498 | 70,922 |
| P/E | 22.2× (the lower figure, shaded) | 23.7× |
| P/B | 2.45× | 1.04× (the lower figure, shaded) |
| Dividend yield, trailing | 0.14% | 0.16% |
| ROE | 11.8% (the higher figure, shaded) | 4.5% |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 28.7% (the higher figure, shaded) | 15.7% |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +8.9% (the higher figure, shaded) | −50.7% |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 21,473 | 3,001 |
| 1Y return | +11.4% | +15.3% (the higher figure, shaded) |
| Promoter holding | 25.87% | – |
Kotak Mahindra Bank vs IndusInd Bank: common questions
Which is bigger, Kotak Mahindra Bank or IndusInd Bank?
By market cap, Kotak Mahindra Bank is bigger at ₹4.8L Cr, against ₹70,922 Cr for IndusInd Bank (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹21,473 Cr for Kotak Mahindra Bank and ₹3,001 Cr for IndusInd Bank.
Which has a lower P/E ratio, Kotak Mahindra Bank or IndusInd Bank?
Kotak Mahindra Bank trades at a P/E of 22.2× and IndusInd Bank at 23.7×. Kotak Mahindra Bank has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Kotak Mahindra Bank or IndusInd Bank?
Kotak Mahindra Bank reports a return on equity of 11.8% and IndusInd Bank 4.5%. Kotak Mahindra Bank has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Kotak Mahindra Bank or IndusInd Bank?
Over the last three years: profit grew +8.9% a year at Kotak Mahindra Bank and −50.7% at IndusInd Bank, so Kotak Mahindra Bank grew profit faster. Past growth doesn’t predict future growth.