NSE ScannerComparison · NSE · data 2026-11-01
Axis Bank Limited vs Kotak Mahindra Bank Limited
In plain words
Size: Kotak Mahindra Bank Limited is about 1.2 times the market value of Axis Bank Limited.
Valuation (P/E): Kotak Mahindra Bank Limited 21.4 vs Axis Bank Limited 12.7.
Return on equity: Axis Bank Limited 13.1% vs Kotak Mahindra Bank Limited 11.4%.
Profit growth over 3 years: Axis Bank Limited 34.6% a year vs Kotak Mahindra Bank Limited 8.9% a year.
Debt to equity: Axis Bank Limited 1.55 vs Kotak Mahindra Bank Limited 0.58.
Differences in the numbers, not a recommendation of either stock.
Side by side
| AXISBANK | KOTAKBANK | |
|---|---|---|
| Price | ₹1,217 | ₹461.6 |
| Market cap | ₹3,78,247 cr | ₹4,58,597 cr |
| P/E | 12.7 | 21.4 |
| P/B | 1.6 | 2.4 |
| ROE | 13.1% | 11.4% |
| ROCE | 2.5% | 3.6% |
| Debt / equity | 1.55 | 0.58 |
| Operating margin | 40.8% | 34.0% |
| Dividend yield | 0.08% | 0.14% |
| Sales growth, 3 years (yearly) | 15.4% | 16.9% |
| Profit growth, 3 years (yearly) | 34.6% | 8.9% |
| 1-year return | -2.1% | 7.3% |
| Revenue, last 12 months | ₹1,70,928 cr | ₹1,15,454 cr |
| Net profit, last 12 months | ₹29,950 cr | ₹21,473 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹7,705 cr | ₹5,645 cr |
| Quarter profit vs a year earlier | +39.4% | +26.3% |
| Promoter holding | 7.86% | 25.87% |
| Health check | Average (5.8/10) | Average (4.6/10) |
Common questions
Which has a higher P/E, Axis Bank Limited or Kotak Mahindra Bank Limited?
Kotak Mahindra Bank Limited trades at the higher P/E (21.4 against 12.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Axis Bank Limited (13.1% against 11.4%).
Which carries more debt?
Axis Bank Limited has the higher debt-to-equity ratio (1.55 against 0.58).