# Shares of Kotak Mahindra Bank fell despite posting a solid Q4FY26 performance.

*fintech · news · 2026-05-04 · The Economic Times*

## Key points

- Kotak Mahindra Bank's Q4FY26 profit rose 13.3% YoY, beating analyst expectations.
- Gross NPAs declined to 1.20%, and net NPAs eased to 0.25% in Q4FY26.
- Morgan Stanley expects Kotak's core PPOP to deliver a 19% CAGR over FY26–28.
- Management guides for NIMs to remain flat or slightly decline in FY27 versus FY26.
- Elara Capital cut Kotak's FY27-28 earnings estimates by 2–3% due to NIM pressure.

**Companies:** Kotak Mahindra Bank
**Countries:** India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/kotak-mahindra-bank-shares-tank-5-after-q4-results-what-morgan-stanley-nomura-other-brokerages-are-saying/articleshow/130748095.cms)

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