Wednesday, May 9, 2012

KOTAK MAHINDRA BANK = Results for = FY2012 = NPT UP 17% ON FY11;40% ON FY10; = Q4 FY2012 = NPT UP 13% ON Q3 FY 12; & 6% On Q4 FY11


Kotak Mahindra bank

The financial results of Kotak Mahindra Banbk for Q4 FY 12 and for FY 12 are analysed below :

Consolidated Annual Results

FY 12 vs FY 11 VS FY 10

Interest on Advances in FY 12 stands at Rs.6551.93 Cr – up by 39% from FY 11 and by 86% from FY 10.

Income on Investments       in FY 12 stands at Rs.1840.54 Cr; up by 36% from FY 11 and up by 81% from FY 10.

Interest Earned  in FY 12 stands at Rs.8470.42 Cr; up by      38% from FY 11; and up by 84% from FY 10.

Total Income in FY 12 stands at Rs.12937.39 Cr; up by 18% from FY 11; and up by 30% from FY 10.

Interest Expended in FY 12 stands at Rs.4541.96 Cr ; up by 72% from FY 11; and Up by 156% from FY 10.

Net Interest Income in FY 12 stands at Rs.3928.46 Cr; up by 12% from FY 11; and up by 39% from FY 10.

Total Expdr(Excl.provisions) in FY 12 stands at Rs.10182.15 Cr ; up by 19% from FY 11; and up by           34% from FY 10.

Operating Profit  in FY 12 stands at Rs.2755.23 Cr; up by 15% from FY 11; and up by 14% from FY 10.

Provisions stand at Rs.98.70 cr – down by -33% from FY 11; and down by -81% from FY 10.

Profit before tax in FY 12 stands at Rs.2656.54 Cr; up by 18% from FY 11; and up by 40% from FY 10.

Tax Expense in FY 12 stands at Rs.806.01 cr; up by 19% from Fy 11; and up by 40% from Fy 10.

Net Profit in FY 12 stands at Rs.1850.53 Cr; up by 18% from FY 11; and up by 39% from FY 10.

Minority Interest in FY 12 stands at Rs.52.84 Cr; up by 101% from FY 11; and up by 194% from FY 10.

Shares of Associates in FY 12 stands at Rs.(-)34.55 Cr ;

Consolidated NPT in FY 12 stands at Rs.1832.24 Cr; up by 17% from FY 11; and up by 40% from FY 10.

Face Value of the share is Rs.5; but the same was Rs.10 in FY 10.

Paid-up Equity    in FY 12 stands at Rs.370.34 Cr

Reserves in FY 12 stands at Rs.12530.70 Cr; up by 18% from FY 11; and up by 66% from FY 10.

Gross/Net NPA   in FY 12 stands at Rs.273.43 Cr; up by 13% from FY 11; and down by -38% from FY 10.

% of Gross/Net NPA in FY 12 stands at 0.51%; down -14% from FY 11; and down -66% from FY 10.Quality of assets is therefore good.

Return on Assets in FY 12 stands at 2.2%; which is impressive.

Basic EPS  in FY 12 stands at Rs.24.81 ; up by 14% from FY 11; up by 32% from FY 10 (On Rs.5)

Current Market Price of the share is Rs.547.50; while the 52 week high price is Rs.602.75 and the 52 week low price is Rs.403.90.

On this basis, the PE Ratio comes to 22.07.

QUARTERLY RESULTS (Consolidated)

Q4FY12 vs Q3 FY 12Y 11

Interest on Advances in Q4 FY 12 stands at Rs.1808.03 cr; up 4% from Q3 FY 12; and up 34% from Q4 FY 11.

Income on Investments       in Q4 FY 12 stands at Rs.517.07 Cr; up 12% from Q3 FY 12; and up 45% from Q4 FY 11.

Interest Earned  in Q4 FY 12 stands at Rs.2348.66 Cr; up 6% from Q3 FY 12; and up 36% from Q4 FY 11.

Total Income       in Q4 FY 12 stands at Rs.4363.60Cr;up 40% from Q3 FY 12; and up 44% from Q4 FY 11.

Interest Expended in Q4 FY 12 stands at Rs.1299.35 Cr;up 6% from Q3 FY 12; and up 68% from Q4 FY 11.

Net Intt Income     in Q4 FY 12 stands at Rs.1049.32Cr;up 5% from Q3 FY 12; and up  11% from Q4 FY 11.

Total Expdr(excl.provisions) in Q4 FY 12 stands at Rs.3610.12Cr; up 50% from Q3 FY 12; and up 55% from Q4 FY 11.

Operating Profit in Q4 FY 12 stands at Rs.753.47 Cr; up 5% from Q3 FY 12; and up 7% from Q4 FY 11.

Provisions in Q4 FY 12 stands at Rs.2.26 Cr ; compared to Rs. 45.22 cr in Q3 FY 12; and (-)8.57 cr in Q4 FY 11.     

Profit before tax in Q4 FY 12 stands at Rs.751.22 Cr; up 11% from Q3 FY 12; and up 5% from Q4 FY 11.

Tax Expense in Q4 FY 12 stands at Rs.222.45 Cr; up 7% from Q3 FY 12; and up 7% from Q4 FY 11.

Consolidated Net Profit in Q4 FY 12 stands at Rs.520.93 Cr; Up 13% from Q3 FY 12; and up 6% from Q4 FY 11.

Basic EPS in Q4 FY 12 stands at Rs.7.04;   Compared to Rs. 12 in Q3 FY 12; and Rs.6 in Q4 FY 11.

Gross/Net NPA   in Q4 FY 12 stands at Rs.273.43Cr; up 11% from Q3 FY 12; and up 13% from Q4 FY 11.

% of Gross/Net NPA in Q4 FY 12 stands at 0.51%; compared to 0.47 % in Q3 FY 12; and 0.59 in Q4 FY 11.

Return on Assets in Q4 FY 12 stands at 0.58% compared to 0.41% in  Q3 FY 12; and 0.68% in Q4 FY 11.

ANNOUNCEMENTS BY BANK TO NSE

08-05-2012          Board of Directors of the Bank at its meeting held on May 08, 2012 have recommended dividend of Rs.0.60 paise per share.

08-05-2012          consolidated Results for the year ended on 31-MAR-2012 as follows: Interest earned of Rs. 847041.98 lacs for the year ending on 31-MAR-2012 against Rs. 614143.52 lacs for the year ending on 31-MAR-2011. Interest expended of Rs. 454195.68 lacs for the year ending on 31-MAR-2012 against Rs. 263454.92 lacs for the year ending on 31-MAR-2011. Net Profit / (Loss) of Rs. 183223.53 lacs for the year ending on 31-MAR-2012 against Rs. 156674.47 lacs for the year ending on 31-MAR-2011.         
 
08-05-2012          standalone Results for the year ended on 31-MAR-2012 as follows: Interest earned of Rs. 618023.62 lacs for the year ending on 31-MAR-2012 against Rs. 430355.82 lacs for the year ending on 31-MAR-2011. Interest expended of Rs. 366774.6 lacs for the year ending on 31-MAR-2012 against Rs. 205848.54 lacs for the year ending on 31-MAR-2011. Net Profit / (Loss) of Rs. 108505.3 lacs for the year ending on 31-MAR-2012 against Rs. 81818

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