Accounts

Project -1

Ved Khorjuvekar
XII C. 32

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Financial statements
Analysis of
Kotak Mahindra Bank

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Name: Ved Khorjuvekar
STD:XII C
Roll no: 32
Academic year 2024 2025
School: Sharada Mandir
School

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Certi cate page

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Index page

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 Common sized balance
sheet
A common size balance sheet is a nancial statement that
displays each balance sheet item as a percentage of total
assets. As a result, it becomes easier to compare companies
of various sizes and track changes within a company over
time.

Objectives
- The basic objective of a Common-size Balance
Sheet is to analyse the changes in the individual
items of a Balance Sheet.
- It is also prepared to see the trends of di erent
items of assets, equity and liabilities of a Balance
Sheet.
-Lastly, it is prepared for the assessment of the
nancial soundness of the organisation and to
understand its nancial strate y.

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 Common sized income
statement
A statement that shows the percentage relation of
each income/expense to the Revenue from Operations
(Net Sales), is known as a Common-size Income
Statement. To express the amounts as the percentage
of the total, Revenue from Operations (Net Sales) is
taken as 100. One may prepare a Common-size
Statement of Pro t & Loss (Income Statement) for
di erent periods of the same rm or for the same
period of di erent rms. With the help of the
comparison between the Common-size Income
Statements of di erent periods, one can understand
the e ciency in earning revenues and incurring
expenses.

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 Objectives
-The basic objective of a Common-size Income
Statement is to analyse the change in individual
terms of the Income Statement.
-It is also prepared to study the trend in di erent
items of Incomes and Expenses.
- Lastly, it is prepared for the assessment of
e ciency.

Comparative balance
sheet
A comparative balance sheet is one of the many
nancial statements. It displays a company's nancial
position at two or more distinct points, typically from
one accounting period to another. It provides a one-on-
one comparison of the company's assets, liabilities,
and shareholders' equity.

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 Advantages
-It allows for a side-by-side comparison of a company's
nancial position over different periods, helping to
identify trends and patterns.

-By comparing the changes in assets, liabilities, and

equity, stakeholders can evaluate the company's
nancial performance and stability.

-It provides valuable information for making informed

decisions, such as investing in the company, extending
credit, or evaluating nancial strategies.

Comparative income
statement
Statement of Pro t and Loss or Income Statement
shows the nancial performance that is Net pro t
earned or Net loss incurred by the company during the
year. Comparative Statement of Pro t and Loss is the
horizontal analysis of Statement of Pro t and Loss
which shows the operating results for compared
accounting period, Changes in data in terms of
absolute amount and percentage from one period to
another.

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 Objectives
-To analyse the Revenue and Expenses for two or
more years.
-To analyse increase or decrease in Revenue and
Expenses in terms of Money and also the percentage.
-To review the business operations of the last year
and its likely e ect on the current year’s operations.

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 Kotak Mahindra Bank
Kotak Mahindra Bank Limited is an Indian banking
and nancial services company headquartered in Mumbai.
It o ers banking products and nancial services for
corporate and retail customers in the areas of personal
nance, investment banking, life insurance, and wealth
management.As of December 2023, the bank has 1,869
branches and 3,239 ATMs, including branches in GIFT City
and DIFC (Dubai).

Uday Kotak, Founder of Kotak Mahindra Bank

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Major subsidiaries of the Bank include
• Kotak Securities
• Kotak Mahindra Life Insurance
• Kotak Mahindra General Insurance
• Kotak AMC

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Attribute Details

Founder Uday Kotak

Industry Type Banking and Financial Services

Year Founded 1985

Headquarters Mumbai, Maharashtra, India

Key People Dipak Gupta (MD & CEO)

Parent Company Kotak Mahindra Group

Bank Branches in India 1,780

ATMs across India 2,963

Bank Pan-India Locations 834

Group Branch Network India 4,417

Market Capitalisation ₹3.63 trillion

Total Employees Over 73,000

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Kotak Mahindra Bank Ltd.: An Overview

Kotak Mahindra Bank Ltd. enjoys a strong reputation in

the Indian banking industry. With a market capitalisation
of ₹3.63 trillion, the bank holds a signi cant place in the
country’s nancial sector. Employing a workforce of
more than 73,000 committed individuals, the institution
is dedicated to providing high-quality services to its wide
range of customers.

The bank is good at understanding what its customers

need. This keen insight has enabled them to offer
customised nancial services for individuals and
corporate clients. Their services include personal
banking, corporate nance, and digital initiatives.

With a vast physical network and robust digital system,

customers can easily access the bank’s services no
matter where they are. Simply put, Kotak Mahindra Bank
Ltd. is not just any bank; it’s a dependable friend that
helps with money matters and aims to keep its
customers happy.

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 Major Subsidiaries of Kotak
Mahindra Bank Ltd.
• Kotak Mahindra Prime Ltd.: A notable entity in car
nancing, Kotak Mahindra Prime Ltd. has been consistently
extending a range of car loan products, thoughtfully
designed to cater to the varied requirements of its
customers. Its strong af liation with the automobile
industry has made it a preferred choice for numerous
customers.

• Kotak Securities Ltd.: Recognised as a leading stock

broking rm in India, Kotak Securities provides a broad
range of nancial offerings. From equities and derivatives
to mutual funds, it caters to the diverse investment
preferences of many investors, simplifying the process of
stock trading and ensuring a smooth investment
experience.

• Kotak Mahindra Capital Company: Addressing the

investment banking demands of India’s corporate sector,
Kotak Mahindra Capital Company has been involved in
executing numerous signi cant transactions, showcasing
its pro ciency and deep understanding of the market.

• Kotak Mahindra Life Insurance: Dedicated to offering a

wide range of life insurance options, Kotak Mahindra Life
Insurance is well-supported by robust nancial knowledge.
The company focuses on providing long-lasting protection
and savings opportunities for its customers. Known for its
honesty and focus on customer needs, it has earned the
trust of millions.

• Kotak Mahindra General Insurance: This subsidiary

aims to offer non-life insurance solutions that are

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customised to individual needs. With an understanding of
the market, Kotak Mahindra General Insurance provides a
wide range of products, ensuring customer assets and
health are well-protected.

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 Format of Balance Sheet

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS

Equity Share Capital XXX XXX

TOTAL SHARE CAPITAL XXX XXX

Reserves and Surplus XXX XXX

Total Reserves and Surplus XXX XXX

TOTAL SHAREHOLDERS FUNDS XXX XXX

Deposits XXX XXX

Borrowings XXX XXX

Other Liabilities and Provisions XXX XXX

TOTAL CAPITAL AND LIABILITIES XXX XXX

ASSETS

Cash and Balances with Reserve Bank of India XXX XXX

Balances with Banks Money at Call and Short XXX XXX

Notice

Investments XXX XXX

Advances XXX XXX

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Fixed Assets XXX XXX

Other Assets XXX XXX

TOTAL ASSETS XXX XXX

Format of Income Statement:

Particulars Current Previous year Current Previous

Year (values in year year
(values in crores) percentage Percentage
crores)
1] Revenue from xxx xxx xxx xxx
operations
2] Other Incomes xxx xxx xxx xxx

Total Revenue xxx xxx xxx xxx

3] Expenses
Other expenses xxx xxx xxx xxx

Total Expenses xxx xxx xxx xxx

Profit before Tax xxx xxx xxx xxx

Less: Tax xxx xxx xxx xxx

Profit After Tax xxx xxx xxx xxx

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Balance Sheet Of Kotak Mahindra Bank:

BALANCE SHEET OF KOTAK MAHINDRA MAR 24 MAR 23

BANK (in Rs. Cr.)

12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS

Equity Share Capital 993.96 993.28

TOTAL SHARE CAPITAL 993.96 1,493.28

Reserves and Surplus 95,645.50 81,966.67

Total Reserves and Surplus 95,645.50 81,966.67

TOTAL SHAREHOLDERS FUNDS 96,718.75 83,520.25

Deposits 4,48,953.75 3,63,096.05

Borrowings 28,368.10 23,416.27

Other Liabilities and Provisions 26,316.45 19,829.91

TOTAL CAPITAL AND LIABILITIES 6,00,357.05 4,89,862.48

ASSETS

Cash and Balances with Reserve Bank of India 36,252.04 19,965.56

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Balances with Banks Money at Call and Short 16,536.36 12,576.75
Notice

Investments 1,55,403.76 1,21,403.73

Advances 3,76,075.27 3,19,861.21

Fixed Assets 2,155.30 1,920.32

Other Assets 13,934.32 14,134.91

TOTAL ASSETS 6,00,357.05 4,89,862.48

Income Statement of Kotak Mahindra Bank:

Particulars March 2024 March 2023

(amount in (amount in
crores) crores)
1] Revenue from operations 56237 42151
2] other income 38037 25991

Total Revenue 94274 68142

3] Expenses
Cost of revenue from operations 70411 48496

Total Expenses 70411 48496

Profit before Tax 23863 19646

Less: Tax 5886 4866

Profit after Tax 17977 14780

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Comparative Balance Sheet of Kotak Mahindra Bank:(all
values in crores)

BALANCE Absolute Amounts Absolute Percentage

SHEET OF Change change
KOTAK MAR 24 MAR 23
MAHINDRA
BANK (in Rs.
Cr.)

12 mths 12 mths

EQUITIES AND — —-

LIABILITIES

SHAREHOLDE —- —

R'S FUNDS

Equity Share 993.96 993.28 0.68 0.068

Capital

TOTAL SHARE 993.96 1,493.28 -499.32 -33.43

CAPITAL

Reserves and 95,645.50 81,966.67 13678.83 16.68

Surplus

Total Reserves 95,645.50 81,966.67 13678.83 16.68

and Surplus

TOTAL 96,718.75 83,520.25 13198.5 15.80

SHAREHOLDE
RS FUNDS

Deposits 4,48,953.75 3,63,096.05 85857.7 23.64

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Borrowings 28,368.10 23,416.27 4951.83 21.14

Other Liabilities 26,316.45 19,829.91 6486.54 32.71

and Provisions

TOTAL CAPITAL 6,00,357.05 4,89,862.48 110494.57 22.55

AND
LIABILITIES

ASSETS

Cash and 36,252.04 19,965.56 16286.48 81.57

Balances with
Reserve Bank of
India

Balances with 16,536.36 12,576.75 3959.61 31.48

Banks Money at
Call and Short
Notice

Investments 1,55,403.76 1,21,403.73 34000.03 28.01

Advances 3,76,075.27 3,19,861.21 56214.06 17.57

Fixed Assets 2,155.30 1,920.32 234.98 12.23

Other Assets 13,934.32 14,134.91 -200.59 -1.41

TOTAL ASSETS 6,00,357.05 4,89,862.48 110494.57 22.55

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Comparative Income Statement of Kotak Mahindra Bank:

Particulars March 2024 March 2023 Absolute Percentage

(amount in (amount in change change
crores) crores)
1] Revenue from 56237 42151 14086 33.4
operations
2] other income 38037 25991 12046 46.3

Total Revenue 94274 68142 26132 38.3

3] Expenses
Cost of revenue from 70411 48496 21915 45.1
operations

Total Expenses 70411 48496 21915 45.1

Profit before Tax 23863 19646 4217 21.4

Less: Tax 5886 4866 1020 20.9

Profit after Tax 17977 14780 3197 21.6

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Common Size Balance Sheet of Kotak Mahindra Bank:
BALANCE MAR 23 Percentage Of balance sheet
total
SHEET OF
KOTAK MAR 24
MAHINDR
3 1 s t 3 1 s t
A BANK (in march match
Rs. Cr.) 2024 2023

12 mths 12 mths

EQUITIES
AND
LIABILITIE
S

SHAREHO
LDER'S
FUNDS

Equity 993.96 993.28

Share
Capital

TOTAL 993.96 1,493.28

SHARE
CAPITAL

Reserves 95,645.50 81,966.67

and
Surplus

Total 95,645.50 81,966.67

Reserves
and
Surplus

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TOTAL 96,718.75 83,520.25
SHAREHO
LDERS
FUNDS

Deposits 4,48,953.75 3,63,096.05

Borrowings 28,368.10 23,416.27

Other 26,316.45 19,829.91

Liabilities
and
Provisions

TOTAL 6,00,357.05 4,89,862.48

CAPITAL
AND
LIABILITIE
S

ASSETS

Cash and 36,252.04 19,965.56

Balances
with
Reserve
Bank of
India

Balances 16,536.36 12,576.75

with Banks
Money at
Call and
Short
Notice

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Investment 1,55,403.76 1,21,403.73
s

Advances 3,76,075.27 3,19,861.21

Fixed 2,155.30 1,920.32

Assets

Other 13,934.32 14,134.91

Assets

TOTAL 6,00,357.05 4,89,862.48

ASSETS

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Common Size Income Statement of Kotak Mahindra Bank:
Particulars March 2024 March 2023 Percentage of revenue from
(amount in (amount in
crores) crores) operations
31st march 31st march
2024 2023

1] Revenue from 56237 42151 100 100

operations
2] other income 38037 25991 67.6 61.66

Total Revenue 94274 68142 167.6 161.6

3] Expenses
Cost of revenue from 70411 48496 125.2 115.05
operations

Total Expenses 70411 48496 125.2 115.05

Profit before Tax 23863 19646 42.4 46.6

Less: Tax 5886 4866 10.4 11.5

Profit after Tax 17977 14780 31.96 35.06

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Region 1 Region 2