Kotak Mahindra Bank cash flow

Latest FY26

Cash from operations: ₹41,727cr+146.7% on FY25
Cash from investing: −₹16,519cr−₹25,272 cr in FY25
Cash from financing: −₹2,538cr₹22,165 cr in FY25
Capital spending: ₹1,058cr−12.8% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	1,032	941	792	599
	—	3,900	3,859	1,972	440
	—	66.8	36.7	45.0	45.6
	—	−905	−8,387	−7,424	490
	—	−82,526	−65,233	−1,09,021	−75,027
	—	1,00,500	63,033	1,11,224	56,752
	—	17,974	−2,200	2,203	−18,276
Cash from operating activities
	29,016	25,993	28,989	23,863	19,646
	—	22,167	−5,735	−2,141	−16,123
	—	48,160	23,254	21,723	3,523
	—	6,433	6,339	6,038	4,765
	—	41,727	16,916	15,685	−1,242
	—	41,727	16,916	15,685	−1,242
Cash from investing activities
	—	1,058	1,213	1,127	987
	—	22.0	64.8	34.6	26.1
	—	16,761	28,197	7,473	9,590
	—	0.0	0.0	532	0.0
	—	1,278	4,073	0.0	0.0
	—	−16,519	−25,272	−9,097	−10,550
	—	−16,519	−25,272	−9,097	−10,550
Cash from financing activities
	—	187	46.4	199	268
	—	187	46.4	199	268
	—	−2,229	22,516	16,153	1,874
	—	497	398	337	259
	—	0.0	−23.2	−359	0.0
	—	−2,538	22,142	15,656	1,883
	—	−2,538	22,165	15,515	1,883
	—	22,669	13,809	22,103	−9,910
	—	360	69.8	36.5	169
	—	23,029	13,879	22,281	−9,740
	—	1,02,091	79,062	65,206	42,925
Reference items
	40,669	40,669	15,703	14,558	−2,229
	₹204.44	₹204.44	₹78.94	₹73.18	−₹11.21
	2.25×	—	—	—	—
	—	2.16×	0.76×	0.86×	−0.08×
	—	6,433	6,339	6,038	4,765

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

KOTAKBANK₹459.00

Kotak Mahindra Bank Ltd.

· Banking & Finance

₹ CrorePeersHDFCBANK ICICIBANK AXISBANK SBIN BAJAJFINSV BAJFINANCE HDFCLIFE JIOFINMcap ₹91,309 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	599.3	791.8	940.9	1,031.9	—
+ Impairment Loss / (Reversal)	439.7	1,972.5	3,859.2	3,900.4	—
+ Share-based Payments	45.6	45.0	36.7	66.8	—
+ Other — Cash Effects are Investing / Financing	490.1	-7,424.5	-8,386.7	-905.2	—
Changes in Working Capital
+ Other Current Assets	-75,027.5	-1,09,020.9	-65,233.0	-82,526.3	—
+ Other Current Liabilities	56,751.9	1,11,224.0	63,033.1	1,00,499.8	—
Total Working Capital Changes	-18,275.6	2,203.1	-2,199.9	17,973.5	—
Cash from Operating Activities
Profit Before Tax (per I/S)	19,646.2	23,863.4	28,989.0	25,992.7	29,015.7
+ Total Adjustments (incl. Working Capital)	-16,123.2	-2,140.8	-5,734.6	22,167.1	—
Cash from Operations (pre-tax)	3,523.0	21,722.6	23,254.4	48,159.9	—
+ Income Taxes Paid	4,765.4	6,037.6	6,338.7	6,433.3	—
Cash from Operating — before Extraordinary Items	-1,242.4	15,685.0	16,915.7	41,726.5	—
Cash from Operating Activities	-1,242.4	15,685.0	16,915.7	41,726.5	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	986.8	1,126.7	1,212.9	1,058.0	—
+ Disp of Fixed Assets	26.1	34.6	64.8	22.0	—
+ Purchase of Investments (Equity / Debt)	9,589.6	7,472.9	28,197.1	16,760.9	—
+ Acq of Subsidiaries / Businesses (net)	0.0	531.9	0.0	0.0	—
+ Disp of Subsidiaries / Businesses (net)	0.0	0.0	4,073.1	1,277.8	—
Cash from Investing — before Extraordinary Items	-10,550.2	-9,096.9	-25,272.1	-16,519.1	—
Cash from Investing Activities	-10,550.2	-9,096.9	-25,272.1	-16,519.1	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	267.9	199.2	46.4	187.2	—
+ Proceeds from Issue of Shares (unclassified)	267.9	199.2	46.4	187.2	—
+ Proceeds from Borrowings	1,874.1	16,152.5	22,516.4	-2,228.5	—
+ Dividends Paid	258.9	336.6	397.6	497.1	—
+ Other Inflows / (Outflows) — Financing	0.0	-358.7	-23.2	0.0	—
Cash from Financing — before Extraordinary Items	1,883.0	15,656.5	22,142.0	-2,538.4	—
Cash from Financing Activities	1,883.0	15,515.1	22,165.2	-2,538.4	—
Net Changes in Cash (pre-FX)	-9,909.6	22,103.2	13,808.9	22,669.0	—
+ Effect of FX Rate Changes on Cash	169.5	36.5	69.8	360.4	—
Net Changes in Cash	-9,740.1	22,281.1	13,878.6	23,029.4	—
Closing Cash	42,925.3	65,206.4	79,061.8	1,02,091.1	—
Reference Items
Free Cash Flow (CFO − Capex)	-2,229.2	14,558.3	15,702.9	40,668.6	40,668.6
Free Cash Flow per Basic Share	-11.21	73.18	78.94	204.44	204.44
Price to Free Cash Flow	—	—	—	—	2.25
Cash Flow to Net Income	-0.08	0.86	0.76	2.16	—
Cash Paid for Taxes	4,765.4	6,037.6	6,338.7	6,433.3	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 504%.