Kotak Mahindra Bank Limited
QUARTERLY RESULTS
FOR
Q2 FY 2011-12 ENDING SEP’2011
Kotak Mahindra Bank has produced very good results for quarter
ending Sept,2011.
Interest on Advances has gone up to Rs.1569.57 cr in Q2 FY 12 –
compared to Rs.1431.92 Cr (Up by +9.61%) in previous qtr of Q1 F 12 – and
compared to Rs.1101.37 Cr in the corresponding Qtr of Q2 FY 11 (Up by +42.51%).
Total Interest Earned has increased to Rs.2029.36 Cr in Q2 FY 12
– compared to Rs.1869.61 Cr in Q1 FY 12 (Up by +8.54%) and compared to Rs.1449.27
Cr in Q2 FY 11 (Up by +40.03%).
Interest Expended has also gone up to Rs.1070.29 Cr in Q2 FY
12 – compared to Rs.949.24 cr (Up by +12.75%) – and compared to Rs.606.04 Cr in
Q2 FY 11 (Up by +76.6%). Thus, Interest expense has gone up more than
proportionately – compared to Interest earned.
Total Income stands at Rs.2740.84 Cr in Q2 FY 12
– compared to Rs.2709.65 Cr in Q1 FY 12 (Up by +1.15%) – and compared to Rs.2940.96
Cr in Q2 FY 11 (down by -6.8%).
Total Expenditure has increased to Rs.2085.51 Cr in Q2 FY 12 – compared to Rs. 2082.99 cr in Q1 FY 12 (Up by 0.12%) – and
compared to Rs.2372.48 Cr in Q2 FY 11 (down by -12.1%).
Provisions stands at Rs.27.06 cr in Q2 FY 12 – compared
to Rs. 24.16 cr in Q1 FY 12 and Rs.47.45 Cr in Q2 FY 12.
Profit before tax stands at Rs.628.26 Cr in Q2 FY 12 –
compared to Rs.602.49 cr (up by 4.28%) in Q1 FY 12 – and compared to Rs.521.04
Cr in Q2 FY 11 (Up by 20.58%).
Net Profit has increased to Rs.436.17 cr in Q2 FY 12 –
compared to Rs.419.37 Cr in Q1 FY 12 (Up by +4.01%)– and compared to Rs.363.06 Cr in Q2 FY 11 (Up by 20.14%).
Consolidated Net Profit stands at Rs.432.58 Cr in Q2 FY 12 –
compared to Rs.416.10 Cr in Q1 FY 12 (up by 3.96%) and compared to Rs.364.11 Cr
in Q2 FY 11 (Up by 18.81%).
% of Gross/Net NPA comes to 0.36 in Q2 FY 12; 0.54 in Q1 FY
12; and 0.69 in Q2 FY 11.
Return on Assets comes to Rs.0.53 in Q2 FY 12; Rs.0.55 in Q1
FY 12; and Rs.0.59 in Q2 FY 11.
Basic EPS (Rs.) comes to Rs.5.86 in Q2 FY 12; Rs.5.64 in Q1
FY 12 and Rs.5.08 in Q2 FY 11.At this rate, the annual EPS is around Rs.23 on
FV of Rs.5.
Current Market Price is Rs.445 (On FV of Rs.5) – and the 52 week high price is
Rs.520 while the 52 week low price is Rs.333. The PE Ratio is 19.35.
AWARDS
Kotak Investment Banking has
been adjudged Best Investment Bank in India and Best Equity
House in India in the FinanceAsia Country Awards for Achievement and
the Best Domestic Equity House in the Asiamoney Best Banks Awards
for 2011. This is the sixth consecutive year that
Kotak has been awarded the best investment bank in India title by FinanceAsia
and the fourth year in a row that the firm has been named the best domestic
equity house by Asiamoney.
|
KOTAK BANK NET
WORK
Business Branches (SEP,11)
|
|
|
Banking :
|
323
|
|
Car Finance
|
69
|
|
Life Insurance
|
202
|
|
Securities
|
1,429
|
|
Mutual Fund
|
84
|
|
Total
|
2 ,107
|
ANNOUNCEMENTS BY COMPANY
25-10-2011
"Bank PAT for Q2FY12 up 34% to
Rs. 260 cr; Consolidated PAT for Q2FY12 up 19% to Rs. 433 cr", alongwith the
Earnings Update.
25-10-2011
consolidated Results for the
quarter ended on 30-SEP-2011 as follows: Interest earned of Rs. 202935.56 lacs
for the quarter ending on 30-SEP-2011 against Rs. 144926.57 lacs for the
quarter ending on 30-SEP-2010. Interest expended of Rs. 107028.64 lacs for the
quarter ending on 30-SEP-2011 against Rs. 60603.92 lacs for the quarter ending
on 30-SEP-2010. Net Profit / (Loss) of Rs. 43257.97 lacs for the quarter ending
on 30-SEP-2011 against Rs. 36410.79 lacs for the quarter ending on 30-SEP-2010.
25-10-2011
standalone Results for the quarter
ended on 30-SEP-2011 as follows: Interest earned of Rs. 146464.94 lacs for the
quarter ending on 30-SEP-2011 against Rs. 132978.22 lacs for the quarter ending
on 30-JUN-2011. Interest expended of Rs. 85918.98 lacs for the quarter ending
on 30-SEP-2011 against Rs. 76193.23 lacs for the quarter ending on 30-JUN-2011.
Net Profit / (Loss) of Rs. 26001.01 lacs for the quarter ending on 30-SEP-2011
against Rs. 25203.49 lacs for the quarter ending on 30-JUN-2011.
CONSOLIDATED
RESULTS TABLE
|
Q2
FY12
|
% Dif
|
% Dif
|
|||
|
Interest on Advances
|
156,956.97
|
143,191.55
|
9.61
|
110,137.05
|
42.51
|
|
Income on Investments
|
44,116.00
|
41,957.91
|
5.14
|
33,044.79
|
33.5
|
|
Intt on Balances With RBI
|
946.89
|
780.68
|
21.29
|
409.8
|
131.06
|
|
Others
|
915.7
|
1,030.74
|
-11.16
|
1,334.93
|
-31.4
|
|
Interest Earned
|
202,935.56
|
186,960.88
|
8.54
|
144,926.57
|
40.03
|
|
Other Income
|
71,148.12
|
84,003.82
|
-15.30
|
149,169.78
|
-52.3
|
|
Total Income
|
274,083.68
|
270,964.70
|
1.15
|
294,096.35
|
-6.8
|
|
Interest Expended
|
107,028.64
|
94,923.60
|
12.75
|
60,603.92
|
76.6
|
|
Employees cost
|
39,504.13
|
38,481.48
|
2.66
|
37,322.37
|
5.85
|
|
Other Oprtng Expenses
|
62,018.15
|
74,894.13
|
-17.19
|
139,321.46
|
-55.49
|
|
Operating Expenses
|
101,522.28
|
113,375.61
|
-10.45
|
176,643.83
|
-42.53
|
|
Total Expenditure
|
208,550.92
|
208,299.21
|
0.12
|
237,247.75
|
-12.1
|
|
Operating Profit
|
65,532.76
|
62,665.49
|
4.58
|
56,848.60
|
15.28
|
|
Provisions
|
2,706.40
|
2,416.20
|
12.01
|
4,744.56
|
-42.96
|
|
Profit before tax
|
62,826.36
|
60,249.29
|
4.28
|
52,104.04
|
20.58
|
|
Tax Expense
|
19,209.25
|
18,312.66
|
4.90
|
15,797.83
|
21.59
|
|
Net Profit
|
43,617.11
|
41,936.63
|
4.01
|
36,306.21
|
20.14
|
|
Minority Interest
|
1,364.85
|
1,203.44
|
13.41
|
349.37
|
290.66
|
|
Shares of Associates
|
-1,005.71
|
-876.91
|
14.69
|
-453.95
|
121.55
|
|
Consolidated Net Profit
|
43,257.97
|
41,610.10
|
3.96
|
36,410.79
|
18.81
|
|
Face Value (in Rs.)
|
5
|
5
|
0.00
|
5
|
0
|
|
Paid-up Equity
|
36,932.37
|
36,890.52
|
0.11
|
36,670.34
|
0.71
|
|
Basic EPS (Rs.)
|
5.86
|
5.64
|
3.90
|
5.08
|
15.35
|
|
Diluted EPS (Rs.)
|
5.83
|
5.61
|
3.92
|
5.04
|
15.67
|
|
Gross/Net NPA
|
23,257.06
|
24,066.96
|
-3.37
|
33,196.85
|
-29.94
|
|
% of Gross/Net NPA
|
0.36
|
0.54
|
-33.33
|
0.69
|
-47.83
|
|
Return on Assets
|
0.53
|
0.55
|
-3.64
|
0.59
|
-10.17
|
STAND
ALONE RESULTS
|
Kotak Bk-NC
|
30-Sep-11
|
30-Jun-11
|
% DIF
|
30-Sep-10
|
% DIF
|
|
Interest on Advances
|
115908.37
|
104217.48
|
11.22
|
77614.03
|
49.34
|
|
Income on Investments
|
30489.92
|
28635.93
|
6.47
|
23447.55
|
30.03
|
|
Interest Earned
|
146464.94
|
132978.22
|
10.14
|
101472.25
|
44.34
|
|
Total Income
|
167714
|
155844.43
|
7.62
|
115404.91
|
45.33
|
|
Interest Expended
|
85918.98
|
76193.23
|
12.76
|
47089.18
|
82.46
|
|
Operating Profit
|
38001.35
|
38605.58
|
-1.57
|
32675.45
|
16.3
|
|
Provisions
|
-236.09
|
2208.49
|
-110.69
|
4550.78
|
-105.19
|
|
Profit before tax
|
38237.44
|
36397.09
|
5.06
|
28124.67
|
35.96
|
|
Net Profit
|
26001.01
|
25203.49
|
3.16
|
19470.39
|
33.54
|
|
Capital Adequacy Ratio
|
17.8
|
18.15
|
-1.93
|
19.43
|
-8.39
|
|
Basic EPS
|
3.52
|
3.42
|
2.92
|
2.72
|
29.41
|
|
Diluted EPS
|
3.5
|
3.4
|
2.94
|
2.7
|
29.63
|
|
Gross/Net NPA
|
21005.1
|
21352.49
|
-1.63
|
25301.11
|
-16.98
|
|
% of Gross/Net NPA
|
0.43
|
0.66
|
-34.85
|
0.68
|
-36.76
|
|
Return on Assets
|
0.45
|
0.47
|
-4.26
|
0.44
|
2.27
|
* * * E
N D * * *
No comments:
Post a Comment