NSE ScannerComparison · NSE · data 2026-10-31
ICICI Bank Limited vs Kotak Mahindra Bank Limited
In plain words
Size: ICICI Bank Limited is about 2.2 times the market value of Kotak Mahindra Bank Limited.
Valuation (P/E): Kotak Mahindra Bank Limited 21.4 vs ICICI Bank Limited 17.2.
Return on equity: ICICI Bank Limited 16% vs Kotak Mahindra Bank Limited 11.4%.
Profit growth over 3 years: ICICI Bank Limited 16.8% a year vs Kotak Mahindra Bank Limited 8.9% a year.
Debt to equity: ICICI Bank Limited 0.65 vs Kotak Mahindra Bank Limited 0.58.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ICICIBANK | KOTAKBANK | |
|---|---|---|
| Price | ₹1,398 | ₹461.6 |
| Market cap | ₹10,01,029 cr | ₹4,58,597 cr |
| P/E | 17.2 | 21.4 |
| P/B | 2.6 | 2.4 |
| ROE | 16.0% | 11.4% |
| ROCE | 3.8% | 3.6% |
| Debt / equity | 0.65 | 0.58 |
| Operating margin | 35.0% | 34.0% |
| Dividend yield | 0.86% | 0.14% |
| Sales growth, 3 years (yearly) | 18.9% | 16.9% |
| Profit growth, 3 years (yearly) | 16.8% | 8.9% |
| 1-year return | 2.6% | 7.3% |
| Revenue, last 12 months | ₹3,29,246 cr | ₹1,15,454 cr |
| Net profit, last 12 months | ₹59,066 cr | ₹21,473 cr |
| Latest quarter | Mar 2024 | Sept 2022 |
| Quarter net profit | ₹11,672 cr | ₹3,608 cr |
| Quarter profit vs a year earlier | — | +20.7% |
| Promoter holding | 0.00% | 25.88% |
| Health check | Average (5.2/10) | Average (4.6/10) |
Common questions
Which has a higher P/E, ICICI Bank Limited or Kotak Mahindra Bank Limited?
Kotak Mahindra Bank Limited trades at the higher P/E (21.4 against 17.2). 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?
ICICI Bank Limited (16.0% against 11.4%).
Which carries more debt?
ICICI Bank Limited has the higher debt-to-equity ratio (0.65 against 0.58).