20 Jan 2023 , 03:40 AM
Result date: 21st January, 2023
Recommendation: ADD
Target Price: Rs 2030
Analysts at IIFL Capital Services forecast that growth in loans & advances for IIFL Capital Services is expected to remain strong for Kotak Mahindra Bank in the December quarter. Net Interest Income is forecasted to grow Y-o-Y by 22% in the quarter. Asset quality will remain good.
Important management insights to watch out for:
Source: IIFL Research
| Rs Billion | December quarter estimate | Y-o-Y | Q-o-Q |
| NII | 53 | 22% | 4% |
| Total Income | 74 | 30% | 5% |
| PPOP | 37.8 | 40% | 6% |
| PAT | 27 | 27% | 5% |
Related Tags

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.