Axis Bank Ltd
AXISBANK NSE
Axis Bank Ltd
Banks F&ONSE: AXISBANK BSE: 532215 Private Bank
Key Fundamentals
LargecapPrivate BankBanksMarket Cap
3.9L Cr
Volatility
Moderate
P/E Ratio
13.85
EBITDA
₹34,186 Cr
Return on Equity
12.28%
Debt to Equity
0
Book Value
₹712.17
EPS
₹86.46
52W High
₹1,418.3
52W Low
₹1,042.5
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Axis Bank Ltd insights
71 extracted metrics + investor summaries across FY09–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company has delivered good profit growth of 29.6% CAGR over last 5 years
- Company's working capital requirements have reduced from 73.7 days to 43.2 days
Weaknesses
5- Company has low interest coverage ratio.
- Promoter holding is low: 7.87%
- Contingent liabilities of Rs.31,22,124 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.29,292 Cr.
Growth Rate
Revenue Growth
4.04% ↘
Net Income Growth
-5.76% ↘
Cash Flow Change
-119.46% ↘
ROE
-17.91% ↘
ROCE
-15.85% ↘
EBITDA Margin (Avg.)
-5.00% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 3d agoAI opinion · based on fundamentals
Risk medium
Axis Bank Ltd trades at a market cap of Rs.3,89,951 Cr with a PE of 14x and PB of 1.76x. The bank delivered strong 29.6% CAGR profit growth over 5 years but TTM profit growth has flattened to 0%, while 3-year ROE stands at 16% indicating decent but moderating return generation.
Bull Case 7
- Strong 5-year compounded profit growth of 30% CAGR demonstrates significant earnings recovery and scale-up over the medium term
- PE ratio of 14x is reasonable for a large private sector bank with Rs.3.9 lakh Cr market cap, suggesting valuation is not stretched relative to earnings
- 3-year ROE of 16% reflects improved profitability and efficient capital deployment compared to the 10-year average ROE of 11%
- Working capital days reduced from 73.7 days to 43.2 days, indicating improved operational efficiency and better asset-liability management
- Compounded sales growth of 16% over 5 years shows consistent top-line expansion driven by loan book growth
- PB ratio of 1.76x is moderate for a large private bank, reflecting the market prices in some growth but leaves room if ROE sustains above 15%
- Stock CAGR of 17% over 1 year indicates positive recent momentum and investor confidence in near-term fundamentals
Bear Case 8
- TTM compounded profit growth has decelerated sharply to 0%, signaling that the high-growth phase of earnings recovery may have ended
- Contingent liabilities of Rs.31,22,124 Cr are extraordinarily large relative to the bank's market cap of Rs.3,89,951 Cr, posing potential off-balance-sheet risk
- Promoter holding is low at just 7.87%, which limits promoter alignment with minority shareholders and raises governance questions
- Low interest coverage ratio suggests vulnerability to margin compression or rising funding costs in a tightening cycle
- Other income of Rs.29,292 Cr forms a significant portion of earnings, raising questions about sustainability and core operating profit quality
- Last year ROE declined to 13% from the 3-year average of 16%, indicating potential pressure on return ratios going forward
- TTM revenue growth of only 6% marks a sharp slowdown from the 5-year CAGR of 16%, suggesting loan growth or NIM compression headwinds
- Possible capitalization of interest cost could overstate asset quality and understate true operating expenses
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago Positives 2
- Q1 net profit up 22% Jul 18
Axis Bank reported 22.4% YoY rise in standalone net profit to ₹7,113.92 crore for Q1FY27, with net NPAs improving to 0.39%.
- $600M Senior Notes priced Aug 4
Axis Bank priced USD 600 million Senior Notes under its GMTN programme at a 5.348% coupon, maturing June 2031, listing on India INX and NSE IFSC.
Neutral 6
- Heavy institutional block trades Jul 22
Multiple block trades recorded between Jul 22-29, including five trades totalling ₹667.72 crore on Jul 22 and additional trades of ₹51.35 crore, ₹17.05 crore, and ₹64.43 crore at prices between ₹1,220-₹1,265 per share.
- New CFO appointed from Sep 28 Jul 18
Rajeev Mantri appointed as CFO effective Sep 28, 2026, replacing Puneet Sharma, meeting RBI norms.
- LIC withdraws board nominee Jul 29
LIC withdrew Mini Ipe's nomination as Non-Executive Director, effective July 29, 2026.
- Investor meets in early August Aug 4
Axis Bank held a virtual investor meet on Aug 4 and scheduled another group meeting with analysts and institutional investors for Aug 10 in Mumbai.
- Q1FY27 earnings call transcript disclosed Jul 24
Transcript of earnings call for quarter ended June 30, 2026 (held July 18) disclosed under SEBI regulations.
- Axis Finance stake reduced to 94.92% Jul 14
Axis Bank completed preference share sale in Axis Finance Limited, reducing ownership to 94.92% while retaining holding company status.
TL;DR: Axis Bank is delivering strong earnings growth with Q1FY27 profit up 22% YoY and improving asset quality at 0.39% net NPA. The $600M international bond issuance signals healthy capital market access. Sustained institutional block trade activity reflects continued large-investor interest. No material headwinds are visible in recent news flow, and the fundamental trend appears to be improving heading into Q2FY27.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26,246 | 27,418 | 28,865 | 30,231 | 31,159 | 31,601 | 32,162 | 32,452 | 32,348 | 32,310 | 33,709 | 34,171 | 35,542 |
| Expenses | 9,731 | 10,059 | 10,506 | 11,124 | 11,892 | 12,412 | 11,913 | 11,943 | 13,983 | 14,302 | 12,743 | 14,816 | 12,837 |
| Financing Profit | 2,543 | 2,609 | 2,416 | 2,379 | 2,006 | 1,575 | 2,210 | 2,389 | 127 | 36 | 2,181 | 275 | 2,490 |
| Fin. Margin % | 10% | 10% | 8% | 8% | 6% | 5% | 7% | 7% | 0% | 0% | 6% | 1% | 7% |
| Other Income | 5,648 | 5,705 | 6,272 | 7,606 | 6,637 | 7,603 | 6,797 | 7,506 | 8,053 | 7,460 | 7,189 | 6,972 | 7,671 |
| Interest | 13,972 | 14,749 | 15,943 | 16,727 | 17,261 | 17,615 | 18,040 | 18,121 | 18,239 | 17,971 | 18,785 | 19,080 | 20,215 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 8,192 | 8,314 | 8,688 | 9,985 | 8,643 | 9,177 | 9,007 | 9,895 | 8,180 | 7,496 | 9,371 | 7,247 | 10,161 |
| Tax % | 26% | 25% | 25% | 24% | 25% | 19% | 25% | 24% | 23% | 26% | 25% | -5% | 25% |
| Net Profit | 6,113 | 6,230 | 6,520 | 7,630 | 6,467 | 7,436 | 6,779 | 7,509 | 6,279 | 5,567 | 7,060 | 7,642 | 7,670 |
| EPS in Rs | 19.78 | 20.13 | 21.05 | 24.62 | 20.83 | 23.93 | 21.78 | 24.13 | 20.13 | 17.82 | 22.58 | 24.46 | 24.54 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35,727 | 41,409 | 45,175 | 46,614 | 56,044 | 63,716 | 64,397 | 68,846 | 87,448 | 1,12,759 | 1,27,374 | 1,32,538 | 1,35,732 |
| Expenses | 11,521 | 13,869 | 24,327 | 29,717 | 28,020 | 35,976 | 32,621 | 31,216 | 30,644 | 40,036 | 46,395 | 53,954 | 54,698 |
| Financing Profit | 2,865 | 3,196 | -5,941 | -10,706 | -5,860 | -10,256 | -2,851 | 2,707 | 13,416 | 11,333 | 9,943 | 4,509 | 4,983 |
| Fin. Margin % | 8% | 8% | -13% | -23% | -10% | -16% | -4% | 4% | 15% | 10% | 8% | 3% | 4% |
| Other Income | 8,838 | 9,955 | 12,422 | 11,863 | 14,189 | 16,342 | 13,577 | 17,268 | 18,349 | 25,230 | 28,543 | 29,674 | 29,292 |
| Interest | 21,341 | 24,344 | 26,789 | 27,604 | 33,883 | 37,996 | 34,627 | 34,923 | 43,389 | 61,391 | 71,036 | 74,075 | 76,051 |
| Depreciation | 420 | 461 | 527 | 591 | 737 | 806 | 976 | 1,046 | 13,143 | 1,385 | 1,763 | 1,889 | 0 |
| PBT | 11,283 | 12,690 | 5,954 | 566 | 7,592 | 5,280 | 9,750 | 18,929 | 18,621 | 35,178 | 36,722 | 32,293 | 34,275 |
| Tax % | 34% | 34% | 33% | 18% | 34% | 64% | 26% | 25% | 42% | 25% | 23% | 18% | — |
| Net Profit | 7,450 | 8,358 | 3,967 | 464 | 5,047 | 1,879 | 7,252 | 14,207 | 10,919 | 26,492 | 28,191 | 26,548 | 27,939 |
| EPS in Rs | 31.42 | 35.04 | 16.51 | 1.78 | 19.59 | 6.57 | 23.49 | 45.99 | 35.16 | 85.49 | 90.58 | 84.89 | 89.4 |
| Div. Payout % | 15% | 14% | 30% | 0% | 5% | 0% | 0% | 2% | 3% | 1% | 1% | 1% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 474 | 477 | 479 | 513 | 514 | 564 | 613 | 614 | 615 | 617 | 619 | 622 |
| Reserves | 44,475 | 53,082 | 55,901 | 63,694 | 67,288 | 85,776 | 1,02,981 | 1,17,647 | 1,29,166 | 1,56,406 | 1,86,616 | 2,14,414 |
| Borrowing | 84,394 | 1,13,848 | 1,12,455 | 1,55,767 | 1,61,250 | 1,55,180 | 1,52,249 | 1,99,778 | 2,06,214 | 2,28,200 | 2,20,687 | 2,80,511 |
| Deposits | 3,22,244 | 3,58,302 | 4,14,983 | 4,55,658 | 5,50,746 | 6,42,157 | 6,98,303 | 8,20,914 | 9,45,825 | 10,67,102 | 11,70,921 | 13,33,791 |
| Other Liabilities | 15,656 | 20,678 | 27,644 | 28,071 | 34,248 | 44,194 | 46,859 | 56,576 | 62,598 | 65,913 | 78,119 | 1,16,713 |
| Total Liabilities | 4,67,243 | 5,46,387 | 6,11,462 | 7,03,703 | 8,14,046 | 9,27,872 | 10,01,005 | 11,95,529 | 13,44,418 | 15,18,239 | 16,56,963 | 19,46,050 |
| Fixed Assets | 2,447 | 3,358 | 3,518 | 3,697 | 3,842 | 3,912 | 4,501 | 4,753 | 5,000 | 5,860 | 6,661 | 6,776 |
| CWIP | 105 | 216 | 292 | 352 | 288 | 483 | 118 | 215 | 142 | 267 | 121 | 269 |
| Investments | 1,18,527 | 1,31,399 | 1,29,018 | 1,53,037 | 1,74,056 | 1,55,282 | 2,25,336 | 2,74,608 | 2,88,095 | 3,32,354 | 3,96,685 | 4,46,422 |
| Other Assets | 3,46,164 | 4,11,414 | 4,78,633 | 5,46,618 | 6,35,860 | 7,68,196 | 7,71,050 | 9,15,952 | 10,51,181 | 11,79,758 | 12,53,496 | 14,92,583 |
| Total Assets | 4,67,243 | 5,46,387 | 6,11,462 | 7,03,703 | 8,14,046 | 9,27,872 | 10,01,005 | 11,95,529 | 13,44,418 | 15,18,239 | 16,56,963 | 19,46,050 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -15,162 | -34,495 | 32,209 | -38,390 | 37,125 | 30,416 | 12,633 | 28,137 | 22,075 | -5,555 | 44,384 | -8,637 |
| Investing | -7,972 | 9,211 | -12,458 | -10,007 | -18,674 | -9,485 | -54,288 | -27,112 | -32,351 | -9,001 | -51,178 | -45,068 |
| Financing | 31,045 | 22,495 | -2,487 | 41,342 | 5,643 | 8,865 | 7,279 | 47,894 | 6,641 | 22,341 | -7,000 | 60,358 |
| Net Cash Flow | 7,910 | -2,789 | 17,263 | -7,055 | 24,094 | 29,795 | -34,375 | 48,919 | -3,636 | 7,785 | -13,794 | 6,653 |
| Free Cash Flow | -15,691 | -35,970 | 31,441 | -39,233 | 36,300 | 29,339 | 11,708 | 26,736 | 20,697 | -7,931 | 41,951 | -10,797 |
| CFO/OP | -63 | -109 | 180 | -208 | 144 | 121 | 46 | 87 | 51 | 2 | 65 | -2 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 18% | 17% | 7% | 1% | 8% | 2% | 8% | 13% | 9% | 18% | 16% | 13% |
Documents
Frequently Asked Questions about Axis Bank Ltd
What does Axis Bank Ltd do?
Incorporated in December 1993, Axis Bank Limited is a private sector bank.It has the third-largest network of branches among private sector banks and an international presence through branches in DIFC (Dubai) and Singapore along with representative offices in Abu Dhabi, Sharjah, Dha...
Where is Axis Bank Ltd (AXISBANK) listed?
Axis Bank Ltd is listed on the Indian stock exchanges. It is listed on NSE: AXISBANK and BSE: 532215. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Axis Bank Ltd belong to?
Axis Bank Ltd operates in the Banks sector within the Private Bank industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Axis Bank Ltd?
Axis Bank Ltd has a market capitalisation of approximately ₹388302.30 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Axis Bank Ltd?
The Price-to-Earnings (PE) ratio of Axis Bank Ltd is 13.85. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Axis Bank Ltd?
Over the past 52 weeks, Axis Bank Ltd has traded between a low of ₹1,042.5 and a high of ₹1,418.3. This range helps investors understand the stock's price volatility and recent trading levels.
Does Axis Bank Ltd pay dividends?
Yes, Axis Bank Ltd has a dividend yield of 0.08%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Axis Bank Ltd?
Axis Bank Ltd has a Return on Equity (ROE) of 12.28%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Axis Bank Ltd on Tapetide?
On Tapetide, you can view Axis Bank Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in December 1993, Axis Bank Limited is a private sector bank.It has the third-largest network of branches among private sector banks and an international presence through branches in DIFC (Dubai) and Singapore along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai and an offshore banking unit in GIFT City.[1]
Website axisbank.com
CEO Mr. Amitabh Chaudhry
Employees 1,04,453
Listed 1998-11-16
Face Value ₹ 2
Issued Size 3,10,50,81,431