ICICI Bank Limited vs Kotak Mahindra Bank Limited
An objective side-by-side of ICICIBANK and KOTAKBANK, both in Banks - Private Sector: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: ICICIBANK Jun 2026 · KOTAKBANK Jun 2026
At a glance
- ICICI Bank Limited is the larger company by market value, about 2.3 times the size of Kotak Mahindra Bank Limited.
- On trailing earnings, ICICI Bank Limited trades at the lower P/E (16.9 against 20.3).
- ICICI Bank Limited earns the higher return on equity (15.8% against 11.2%).
- Over three years ICICI Bank Limited has grown profits faster (17% a year against 8%).
- Over the past year the share prices returned -5.2% (ICICIBANK) and +5.2% (KOTAKBANK).
| Metric | ICICI Bank ICICIBANK |
Kotak Mahindra KOTAKBANK |
|---|---|---|
| Size and price | ||
| Market cap | ₹965,401 Cr | ₹412,629 Cr |
| Share price | ₹1,345 | ₹414.80 |
| Valuation | ||
| P/E | 16.93 | 20.33 |
| P/B | 2.68 | 2.28 |
| PEG | 1.00 | 2.54 |
| Dividend yield | 0.8% | 0.1% |
| Profitability | ||
| ROE | 15.8% | 11.2% |
| Operating margin | 19.9% | 20.5% |
| Sales (TTM) | ₹317,232 Cr | ₹111,296 Cr |
| Net profit (TTM) | ₹57,016 Cr | ₹20,296 Cr |
| Growth | ||
| Latest quarter sales YoY | +6.9% | +12.6% |
| Latest quarter profit YoY | +13.9% | +22.5% |
| Sales CAGR 3Y | +17.0% | +18.0% |
| Profit CAGR 3Y | +17.0% | +8.0% |
| Sales CAGR 5Y | +17.0% | +16.0% |
| Profit CAGR 5Y | +24.0% | +14.0% |
| Financial strength | ||
| Gross NPA (banks) | 1.4% | 1.2% |
| Ownership | ||
| Promoter holding | — | 25.9% |
| Promoter change (4 qtrs) | — | -0.01 pp |
| Price performance | ||
| Return 1M | -4.74% | +4.39% |
| Return 3M | -0.55% | +3.15% |
| Return 1Y | -5.24% | +5.24% |
| Return YTD | +0.16% | -5.77% |
| Technical condition | ||
| Technical score | 27 | 56 |
| RS rating (1-99) | 52.00 | 58.00 |
| % vs 200-DMA | -0.83% | +3.50% |
| RSI (14) | 33.04 | 53.79 |
| % from 52-week high | -9.12% | -8.47% |