Axis Bank Ltd
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]
- Market Cap ₹ 3,77,452 Cr.
- Current Price ₹ 1,210
- High / Low ₹ 1,418 / 1,125
- Stock P/E 13.6
- Book Value ₹ 712
- Dividend Yield 0.08 %
- ROCE 6.24 %
- ROE 13.1 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 29.6% CAGR over last 5 years
- Company's working capital requirements have reduced from 49.4 days to 24.6 days
Cons
- 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.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Banks Private Sector Bank
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 35,727 | 41,409 | 45,175 | 46,614 | 56,044 | 63,716 | 64,397 | 68,846 | 87,448 | 112,759 | 127,374 | 132,538 | 135,732 | |
| 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 |
| 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 |
| Financing Margin % | 8% | 8% | -13% | -23% | -10% | -16% | -4% | 4% | 15% | 10% | 8% | 3% | 4% |
| 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 | |
| Depreciation | 420 | 461 | 527 | 591 | 737 | 806 | 976 | 1,046 | 13,143 | 1,385 | 1,763 | 1,889 | 0 |
| Profit before tax | 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% | |
| 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 | 89.40 |
| Dividend Payout % | 15% | 14% | 30% | 0% | 5% | 0% | 0% | 2% | 3% | 1% | 1% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 16% |
| 3 Years: | 15% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 30% |
| 3 Years: | 35% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | 5% |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 14% |
| 3 Years: | 16% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 102,981 | 117,647 | 129,166 | 156,406 | 186,616 | 214,414 |
| Deposits | 322,244 | 358,302 | 414,983 | 455,658 | 550,746 | 642,157 | 698,303 | 820,914 | 945,825 | 1,067,102 | 1,170,921 | 1,333,791 |
| Borrowing | 84,394 | 113,848 | 112,455 | 155,767 | 161,250 | 155,180 | 152,249 | 199,778 | 206,214 | 228,200 | 220,687 | 280,511 |
| 15,656 | 20,678 | 27,644 | 28,071 | 34,248 | 44,194 | 46,859 | 56,576 | 62,598 | 65,913 | 78,119 | 116,713 | |
| Total Liabilities | 467,243 | 546,387 | 611,462 | 703,703 | 814,046 | 927,872 | 1,001,005 | 1,195,529 | 1,344,418 | 1,518,239 | 1,656,963 | 1,946,050 |
| 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 | 118,527 | 131,399 | 129,018 | 153,037 | 174,056 | 155,282 | 225,336 | 274,608 | 288,095 | 332,354 | 396,685 | 446,422 |
| 346,164 | 411,414 | 478,633 | 546,618 | 635,860 | 768,196 | 771,050 | 915,952 | 1,051,181 | 1,179,758 | 1,253,496 | 1,492,583 | |
| Total Assets | 467,243 | 546,387 | 611,462 | 703,703 | 814,046 | 927,872 | 1,001,005 | 1,195,529 | 1,344,418 | 1,518,239 | 1,656,963 | 1,946,050 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -15,162 | -34,495 | 32,209 | -38,390 | 37,125 | 30,416 | 12,633 | 28,137 | 22,075 | -5,555 | 44,384 | -8,637 | |
| -7,972 | 9,211 | -12,458 | -10,007 | -18,674 | -9,485 | -54,288 | -27,112 | -32,351 | -9,001 | -51,178 | -45,068 | |
| 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
Consolidated / View Standalone
| 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% |
Insights
In beta| Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Domestic Branches (including extension counters) count |
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| Axis AMC Quarterly Average AUM (QAAUM) ₹ crore |
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| Burgundy (Wealth Management) AUM ₹ trillion |
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| SBB+SME+Mid Corporate Book as % of Total Loans % |
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| CASA Ratio (Average daily, as % of total deposits) % |
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| Credit Cards in Force million |
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| POS Terminal Market Share % |
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Extracted by Screener AI
Documents
Announcements
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Updates
- Axis Bank updated contact details of officers authorized for stock exchange disclosures.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Axis Bank held CLSA 33rd Investors Forum 2026 in Hong Kong on September 24, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Axis Bank held analyst and institutional investor meet on September 23, 2026 in Hong Kong.
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Announcement under Regulation 30 (LODR)-Change in Directorate
- Axis Bank appointed Arvind Subramanian as additional independent director for four years from September 23, 2026.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2013
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Market Leadership[1][2]
- 3rd largest private sector bank in India
- 4th largest issuer of credit cards
- 5% market share in deposits, 5.5% market share in advances.