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Kotak Mahindra Bank (NSE:KOTAKBANK) Pretax Margin % : 31.23% (As of Mar. 2024)


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What is Kotak Mahindra Bank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kotak Mahindra Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₹67,750 Mil. Kotak Mahindra Bank's Revenue for the three months ended in Mar. 2024 was ₹216,952 Mil. Therefore, Kotak Mahindra Bank's pretax margin for the quarter that ended in Mar. 2024 was 31.23%.

The historical rank and industry rank for Kotak Mahindra Bank's Pretax Margin % or its related term are showing as below:

NSE:KOTAKBANK' s Pretax Margin % Range Over the Past 10 Years
Min: 21.61   Med: 24.08   Max: 36.56
Current: 33.28


NSE:KOTAKBANK's Pretax Margin % is ranked better than
51.03% of 1456 companies
in the Banks industry
Industry Median: 32.88 vs NSE:KOTAKBANK: 33.28

Kotak Mahindra Bank Pretax Margin % Historical Data

The historical data trend for Kotak Mahindra Bank's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kotak Mahindra Bank Pretax Margin % Chart

Kotak Mahindra Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.82 23.24 25.95 36.56 33.28

Kotak Mahindra Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.12 35.16 36.75 31.02 31.23

Competitive Comparison of Kotak Mahindra Bank's Pretax Margin %

For the Banks - Regional subindustry, Kotak Mahindra Bank's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kotak Mahindra Bank's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kotak Mahindra Bank's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kotak Mahindra Bank's Pretax Margin % falls into.



Kotak Mahindra Bank Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Kotak Mahindra Bank's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=238633.8/717066.7
=33.28 %

Kotak Mahindra Bank's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=67750.2/216951.7
=31.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kotak Mahindra Bank  (NSE:KOTAKBANK) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Kotak Mahindra Bank Pretax Margin % Related Terms

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Kotak Mahindra Bank (NSE:KOTAKBANK) Business Description

Traded in Other Exchanges
Address
27BKC, C-27, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Kotak Mahindra Bank Ltd is an Indian banking and finance group offering personal finance solutions, transaction banking, operating lending verticals, managing IPOs, and providing working capital loans. The company's operating segment includes Treasury, (Balance Sheet Management Unit)BMU and Corporate Centre, Retail Banking, Corporate/Wholesale Banking, Vehicle Financing, Other Lending Activities, Broking, Advisory and Transactional Services, Asset Management, and Insurance. It generates the highest revenue from the Retail Banking segment. Some of its services include Savings Account, Safe Deposit Locker, Recurring Deposit, Sweep-In Facility, Debit and Credit Cards, Home Loan, Education Loan, Loan Against Securities, Life Insurance, Portfolio Management Service and others.

Kotak Mahindra Bank (NSE:KOTAKBANK) Headlines

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