Monday, January 23, 2012

Kotak Mahindra Bank Limited - QTRLY RESULTS - Q2 FY 2012 - Q/E DEC,2011 - TOTAL INCOME UP 17%YoY; CON_NPT UP 21% YoY


Kotak Mahindra Bank Limited
NSE Symbol        KOTAKBANK

Kotak Mahindra Bank has performed well in Q3 FY 12 on a consolidated Basis.

Interest on Advances ; stands at Rs.1742.41 Cr in Q3 FY 12; up by 11.01% from Q2 FY 11; up by  21.68% from Q1 FY 12; and up by  36.38% from Q3 FY 11.

Income on Investments stands at  Rs.462.73 Cr in Q3 FY 12; up by  4.89% from Q2 FY 12; up by  10.28% from Q1 FY 12; and up by  31.93% from Q3 FY 11.

Interest Earned totally is Rs.2222.79 Cr in Q3 FY 12   – up by  9.53 % from Q2 FY 12; up by  18.89% from Q1 FY 12; and up by  34.4% from Q3 FY 11.

Other Income stands at Rs.900.52 Cr in Q3 FY 12 – up by 26.57% from Q2 FY 12; up by  7.20% from Q1 FY 12; but down by  -11.25% from Q3 FY 11.

Total Income stands at Rs.3123.31 Cr  in Q3 FY 12 – up by 13.95% from Q2 FY 12; up by  15.27% from Q1 FY 12 and up by  17.04% from Q3 FY 11.

Interest Expended stands at Rs.1223.09 Cr in Q3 FY 12 – up by 14.28% from Q2 FY 12; up by  28.85% from Q1 FY 12; and up by 67.35% from Q3 FY 11.

Net Intt Income         stands at Rs.999.71 Cr in Q3 FY 12 – up by  4.24% from Q2 FY 12; up by      8.62% from Q1 FY 12; and up by  8.32% from Q3 FY 11.

Total Expdr excluding provisions – stands at Rs.2403.53 Cr in Q3 FY 12 – up by  15.25% from Q2 FY 12; and up by  15.39% from Q1 FY 12; and up by  15.97% from Q3 FY 11.

Operating Profit – stands at Rs.719.78 Cr  in Q3 FY 12 – up by  9.84% from Q2 FY 12; up by  14.86% from Q1 FY 12; and up by  20.78% from Q3 FY 11.

Provisions  stands at Rs.       45.22 Cr  in Q3 FY 12 – up by  67.07% from Q2 FY 12; up by  87.14% from Q1 FY 12; and down by  -15.38% from Q3 FY 11.

Profit before tax stands at Rs.674.56 Cr in Q3 FY 12 – up by  7.37% from Q2 FY 12; up by  11.96% from Q1 FY 12; and up by 24.35% from Q3 FY 11.

Tax Expense stands at Rs.208.34 Cr in Q2 FY 12 – up by  8.46% from Q2 FY 12; up by  13.77% from Q1 FY 12; and up by  29.04% from Q3 FY 11.

Net Profit – stands at Rs.466.22 Cr in Q3 FY 12 – up by  6.89% from Q2 FY 12; up by  11.17% from Q1 FY 12;  and up by       22.36% from Q3 FY 11.

Consolidated NPT stands at Rs.462.63 Cr in Q3 FY 12 – compared to Rs.432.58 Cr in Q2 FY 12 (Up by 6.95%); Rs.416.10 Cr in Q1 FY 12 (Up by       11.18%); and Rs.383.57 Cr in Q3 FY 11 (Up by 20.61%).

% of Gross/Net NPA is 0.47 in Q3 FY 12 compared to 0.36 in q2 FY 12 and Rs.0.69 in Q3 FY 11.

Return on Assets is  0.41 in Q3 FY 12 – compared to Rs.0.53 in Q2 FY 12 and  0.6 in Q3 FY 11.

Basic EPS is Rs.6.26 in Q3 FY 12; Rs.5.86 in Q2 FY 12; Rs.5.64 in Q1 FY 12;  Rs.5.22 in Q3 FY 11. The Performance is very good.

The annual EPS for FY 12  can be Rs.24.02.

The current Market Price is Rs.474.65 – while the  52 week high price  is Rs.520 and the 52 week low price  is Rs.333.

The PE Ratio is 19.76
OTHER DETAILS

DEPOSITS : stand at 27313 cr in  FY 11;  34,473 cr in Q2 FY 12; 26197 Cr in Q3 FY 11; and Rs.36,612 cr in Q3 FY 12.

BORROWINGS : stand at Rs.22073 cr in  FY 11; 24314 cr in Q2 FY 12; 19980 cr in Q3 FY 11; and Rs. 26939 Cr in Q3 FY 12.

Advances stand at Rs.41,242 cr in FY 11; 50582 cr in Q2 FY 12; Rs.40096 cr in Q3 FY 11; and Rs.52,847 cr in Q3 FY 12.

Total Assets stand at Rs.73681 cr in FY 11; Rs.83796 cr in Q2 FY 12; Rs.70020 Cr in Q3 FY 11; Rs.88514 cr in Q3 FY 12.

Net worth : stands at Rs.10963 cr in FY 11;Rs.11893 cr in Q2 FY 12; Rs.10502 cr in Q3 FY 11; Rs.12416 cr in Q3 FY 12.

Book value per share stands at Rs.167.9 at Q3 FY 12.

ROAA stands at Rs.2.2 at Q3 FY 12.

NIM% stands at 4.7 in Q3 FY 12 compared to 4.8 in previous qtr and 5.0 in corresponding qtr.

ROE % stands at 15.1 in Q3 FY 12 (14.8 in Q3 FY 11)


CONSOLIDATED  RESULTS TABLE

Q3FY12
%DIF1
%DIF2
%DIF3
Interest on Advances
174241.2
156,956.97
11.01
143,191.55
21.68
127,760.33
36.38
Income on Investments
46273.18
44,116.00
4.89
41,957.91
10.28
35,074.65
31.93
Intt on Balances With RBI
1059.46
946.89
11.89
780.68
35.71
976.19
8.53
Others
705.33
915.7
-22.97
1,030.74
-31.57
1,569.12
-55.05
Interest Earned
222279.2
202,935.56
9.53
186,960.88
18.89
165,380.29
34.4
Other Income
90051.61
71,148.12
26.57
84,003.82
7.20
101,467.09
-11.25
Total Income
312330.8
274,083.68
13.95
270,964.70
15.27
266,847.38
17.04
Interest Expended
122308.6
107,028.64
14.28
94,923.60
28.85
73,087.20
67.35
Employees cost
41163.78
39,504.13
4.20
38,481.48
6.97
39,671.79
3.76
Other Operating Expenses
76880.49
62,018.15
23.96
74,894.13
2.65
94,495.80
-18.64
Operating Expenses
118044.3
101,522.28
16.27
113,375.61
4.12
134,167.59
-12.02
Total Expdr excl.provisions
240352.8
208,550.92
15.25
208,299.21
15.39
207,254.79
15.97
Operating Profit
71977.93
65,532.76
9.84
62,665.49
14.86
59,592.59
20.78
Provisions
4521.66
2,706.40
67.07
2,416.20
87.14
5,343.49
-15.38
Profit before tax
67456.27
62,826.36
7.37
60,249.29
11.96
54,249.10
24.35
Tax Expense
20833.93
19,209.25
8.46
18,312.66
13.77
16,145.77
29.04
Net Profit
46622.34
43,617.11
6.89
41,936.63
11.17
38,103.33
22.36
Minority Interest
1227.54
1,364.85
-10.06
1,203.44
2.00
613.96
99.94
Shares of Associates
-868.12
-1,005.71
-13.68
-876.91
-1.00
-867.19
0.11
Consolidated NPT
46262.92
43,257.97
6.95
41,610.10
11.18
38,356.56
20.61
Face Value (in Rs.)
5
5
0.00
5
0.00
5
0
Paid-up Equity
36978.36
36,932.37
0.12
36,890.52
0.24
36,815.07
0.44
Basic EPS
6.26
5.86
6.83
5.64
10.99
5.22
19.92
Diluted EPS
6.23
5.83
6.86
5.61
11.05
5.19
20.04
Gross/Net NPA
24652.87
23,257.06
6.00
24,066.96
2.43
27,471.95
-10.26
% of Gross/Net NPA
0.47
0.36
30.56
0.54
-12.96
0.69
-31.88
Return on Assets
0.41
0.53
-22.64
0.55
-25.45
0.6
-31.67

 *  *  *   E  N  D  *  *  *

No comments:

Post a Comment