How Kotak actually made money in FY26.
The full year, decoded. Real numbers from Kotak's FY26 annual investor presentation. Built for the people inside Indian banks — and anyone curious about how a private bank actually works.
That's how much Kotak Bank earned in total revenue every single day in FY26. Below — where it came from, and where it went.
₹114 crore a day sounds enormous. But where does that money come from — and where does it all go?
Every rupee in. Every rupee out.
A bank's full P&L in one image. Revenue inflows on the left, costs and profit on the right. The trunk in the middle is total — what flowed through the bank in FY26.
Six years of profit. 72% of revenue comes from interest income. So who's actually paying that interest? Who does Kotak lend to?
₹5.14 lakh crore lent out. To whom?
A loan book is a bank's inventory of money lent — every active loan it's still waiting to be paid back. Not profit. Not revenue. Just the cumulative debt owed to it.
Loans tell you the WHAT. Customer segments tell you the WHO — and at what cost-to-serve.
Four ladders. Four economies.
From mass digital (Kotak811) to ultra-HNI (Solitaire). Each segment has its own digital surface and its own profitability profile.
Now you know the bank. The next question — is it healthy? Three numbers decide it. Watch the trend, not just the level.
Forget 80 metrics. Three of them tell you if a bank is winning.
NIM is the spread engine. CASA is the cheap-money advantage. GNPA is the loans gone bad. Every other number is a footnote to these three.
You've seen how the bank is doing. But Kotak isn't just a bank. Four engines drive group profit — the bank is only one of them.
Where every rupee of group profit actually comes from.
Bank, capital markets, asset management, insurance. ~80% comes from the bank. The other 20% is what makes Kotak a financial conglomerate, not a lender.
The four engines are the structure. Below the structure, there's usually one number that matters more than the headline — the one management didn't lead with.
Kotak still has the highest NIM among India's large private banks.
NIM = Net Interest Margin. The spread a bank earns between what it lends at and what it pays for deposits. Higher NIM = more profit per rupee lent. Here's how Kotak compares.
First — what NIM actually means. Imagine you borrow at 5% from depositors and lend at 9%. Your NIM is roughly 4%. Banks live and die by this spread. It's the engine room of profit.
Why Kotak's NIM stays high: a richer mix of unsecured retail and SME lending (higher yield), tight cost discipline on deposits, and a CASA base that keeps funding cheap. Even after compressing 36 bps in FY26, Kotak's 4.60% beats every large peer.
The catch: the gap is closing. ICICI is right behind. HDFC's NIM dipped post-merger and is rebuilding. The next 2–3 quarters of FY27 will tell whether Kotak's lead is structural — or just a head-start that peers are catching up on.
Now you know the story. The trick is retelling it. Six numbers in human language — built to screenshot, share, and drop into your next meeting.
Numbers your brain can actually feel.
Big numbers are abstract. These aren't. One per card.
And one more layer — what an insider quietly notices, the kind of thing that won't make the press release.
Three things you won't find in the investor deck.
Lost in the jargon? Every term we used, defined.
Every term on this page, defined.
No more nodding politely when someone says "NIM compressed 36bps." Save this, share this, stop pretending.
Every number above comes from public filings. Here's exactly where.
Every number, traced to its filing.
We don't make it up. We make it readable. All numbers come from filings the bank itself publishes.