KOTAKBANK

Strong Growth, Improving Asset Quality & Attractive Valuation Setup

Strong Q4FY26 earnings performance with standalone PAT growth of 13% YoY to ₹4,027 crore, supported by healthy loan growth and improving operational efficiency. Advances grew ~16% YoY while deposits increased ~15% YoY, indicating sustained business momentum across retail, SME, mortgages, and corporate lending segments. Asset quality continues to improve with Gross NPA declining to nearly 1.2%, reflecting strong risk management and lower stress in unsecured portfolios. Credit costs moderated sharply during the quarter, boosting profitability and strengthening earnings visibility for upcoming quarters.