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Axis Bank Overview

Axis Bank Limited (the Bank) gives commercial banking operations for retail and corporate customers. The Bank's segments consist of Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. Its Treasury operations consist of investments in sovereign and company debt, equity and mutual funds, trading operations, derivative buying and selling and forex operations on the proprietary account and for clients. Its Retail Banking constitutes lending to individual people/small companies and activities include legal responsibilit...Read More

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Axis Bank Key Financials

Market Cap ₹390655 Cr.

Stock P/E 13.9

P/B 2

Current Price ₹1258

Book Value ₹ 638.4

Face Value 2

52W High ₹1326

Dividend Yield 0.08%

52W Low ₹ 934

Axis Bank Share Price

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Volume
Price

Axis Bank Quarterly Price

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Axis Bank Peer Comparison

Axis Bank Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Interest Earned 26246 27418 28865 30231 31159 31601 32162 32452 32348 32310
Other Income 5648 5705 6272 7606 6637 7603 6797 7506 8053 7460
Total Income 31894 33122 35137 37836 37796 39204 38959 39958 40401 39770
Interest Expense 13972 14749 15943 16727 17261 17615 18040 18121 18239 17971
Operating Expenditure 8671 9207 9457 9907 9790 10137 9673 10392 9948 10660
Provisions and contingencies 1060 852 1049 1217 2102 2275 2240 1550 4034 3643
Operating Profit 8192 8314 8688 9985 8643 9177 9007 9895 8180 7496
Profit Before Tax 8192 8314 8688 9985 8643 9177 9007 9895 8180 7496
Provision for Tax 2093 2096 2194 2371 2193 1768 2244 2405 1920 1938
Profit After Tax 6099 6218 6493 7614 6450 7409 6763 7490 6260 5558
Adjustments -8 -14 -2 -15 -14 -8 -21 -15 -16 -30
Profit After Adjustments 6091 6204 6492 7599 6436 7401 6742 7475 6244 5528
Adjusted Earnings Per Share 19.8 20.1 21 24.6 20.8 23.9 21.8 24.1 20.1 17.8

Axis Bank Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Interest Earned 35727 41409 45175 46614 56044 63716 64397 68846 87448 112759 127374 129272
Other Income 8838 9955 12422 11863 14189 16342 13577 17268 18349 25230 28543 29816
Total Income 44566 51364 57597 58477 70232 80058 77974 86114 105797 137989 155917 159088
Interest Expense 21341 24344 26789 27604 33883 37996 34627 34923 43389 61391 71036 72371
Operating Expenditure 9610 10611 12726 14788 16720 18066 19175 24824 40870 37243 39992 40673
Provisions and contingencies 2330 3719 12128 15519 12037 18716 14422 7438 2917 4178 8166 11467
Operating Profit 11284 12690 5954 566 7592 5280 9750 18929 18621 35178 36722 34578
Profit Before Tax 11284 12690 5954 566 7592 5280 9750 18929 18621 35178 36722 34578
Provision for Tax 3836 4332 1987 102 2545 3401 2498 4765 7769 8754 8610 8507
Profit After Tax 7448 8358 3967 464 5047 1879 7252 14164 10853 26424 28112 26071
Adjustments -1 -8 -14 -8 -9 -26 -57 -45 -34 -37 -57 -82
Profit After Adjustments 7448 8350 3953 456 5039 1853 7196 14119 10818 26386 28055 25989
Adjusted Earnings Per Share 31.4 35 16.5 1.8 19.6 6.6 23.5 46 35.2 85.5 90.6 83.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 13% 23% 15% 14%
Operating Profit CAGR 4% 25% 47% 13%
PAT CAGR 6% 26% 72% 14%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 32% 10% 14% 12%
ROE Average 16% 15% 13% 11%
ROCE Average 14% 12% 11% 10%

Axis Bank Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 44950 53559 56380 64207 67803 86340 103594 118261 129782 157024 187235
Minority's Interest 31 39 61 70 85 114 174 261 393 499 635
Deposits 322244 358302 414983 455658 550746 642157 698303 821165 945825 1067102 1170921
Borrowings 84394 113848 112455 155767 161250 155180 152249 199778 206214 228200 220687
Other Liabilities & Provisions 15625 20639 27583 28002 34163 44080 46686 56314 62205 65414 77484
Total Liabilities 467243 546387 611462 703703 814046 927872 1001005 1195779 1344418 1518239 1656963
Cash and balance with RBI 19819 22361 30858 35481 35099 84959 51809 94035 66118 86077 73638
Bank Balance 16673 11342 20108 8430 32905 12841 11616 18309 42590 30416 29060
Investments 118527 131399 129018 153037 174056 155282 225336 274608 288095 332354 396685
Advances 284449 344663 381165 449844 506656 582959 625750 725376 868388 999333 1081229
Fixed Assets 2447 3358 3518 3697 3842 3912 4211 4464 4710 5571 6372
Other Assets 25224 33048 46503 52863 61200 87437 82165 78772 74375 64221 69857
Total Assets 467243 546387 611462 703703 814046 927872 1001005 1195779 1344418 1518239 1656963

Axis Bank Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 28582 36492 33703 50966 43911 68004 97800 63424 112344 108708 116493
Cash Flow from Operating Activities -15163 -34495 32209 -38390 37125 30416 12633 28137 22075 -5555 44384
Cash Flow from Investing Activities -7912 9225 -12443 -10047 -18691 -9659 -54195 -27232 -32694 -9088 -51215
Cash Flow from Financing Activities 31045 22495 -2487 41342 5643 8865 7279 47894 6641 22341 -7000
Net Cash Inflow / Outflow 7970 -2775 17279 -7095 24076 29622 -34283 48799 -3979 7698 -13832
Closing Cash & Cash Equivalent 36492 33703 50966 43911 68004 97800 63424 112344 108708 116493 102699

Axis Bank Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 31.42 35.04 16.51 1.78 19.59 6.57 23.49 45.99 35.16 85.49 90.58
CEPS(Rs) 33.19 37.01 18.76 4.11 22.49 9.52 26.86 49.55 77.99 90.1 96.45
DPS(Rs) 4.6 5 5 0 1 0 0 1 1 1 1
Book NAV/Share(Rs) 189.62 224.77 235.41 250.17 263.65 305.99 338.13 384.75 420.42 505.84 600.68
Yield on Advances 12.56 12.01 11.85 10.36 11.06 10.93 10.29 9.49 10.07 11.28 11.78
Yield on Investments 8.01 7.97 10 7.44 6.99 8.67 6.62 5.76 6.45 6.48 6.15
Cost of Liabilities 5.25 5.16 5.08 4.51 4.76 4.77 4.07 3.42 3.77 4.74 5.1
NIM (Net Interest Margin) 3.27 3.35 3.28 2.94 2.96 3.08 3.26 3.05 3.48 3.55 3.56
Interest Spread 7.31 6.86 6.77 5.85 6.3 6.16 6.22 6.07 6.3 6.54 6.68
ROA(%) 1.75 1.65 0.69 0.07 0.67 0.22 0.75 1.29 0.85 1.85 1.77
ROE(%) 17.87 16.97 7.22 0.77 7.65 2.44 7.64 12.78 8.77 18.51 16.43
ROCE(%) 14.08 12.48 7.79 4.62 7.9 5.89 7.16 9.47 9.26 14.16 13.6
PER(x) 17.84 12.69 29.74 286.82 39.61 57.76 29.7 16.54 24.42 12.26 12.17
Price/Book(x) 2.96 1.98 2.08 2.04 2.94 1.24 2.06 1.98 2.04 2.07 1.83
Dividend Yield(%) 0.82 1.12 1.02 0 0.13 0 0 0.13 0.12 0.1 0.09
EV/Net Sales(x) 6.08 5.31 5.09 6.15 6.44 4.12 5.68 6.29 5.38 4.89 4.41
EV/Core EBITDA(x) 15.96 13.39 12.72 17.81 18.38 10.93 15.14 16.43 21.84 14.02 12.52
Interest Earned Growth(%) 16.24 15.9 9.09 3.19 20.23 13.69 1.07 6.91 27.02 28.94 12.96
Net Profit Growth 18.06 12.21 -52.53 -88.3 987.68 -62.78 286.02 95.31 -23.38 143.48 6.39
Advances Growth 22.41 21.17 10.59 18.02 12.63 15.06 7.34 15.92 19.72 15.08 8.2
EPS Growth(%) 16.97 11.53 -52.9 -89.24 1003.2 -66.48 257.61 95.84 -23.56 143.13 5.95
Loans/Deposits(x) 26.19 31.77 27.1 34.19 29.28 24.17 21.8 24.33 21.8 21.39 18.85
Cash/Deposits(x) 0.06 0.06 0.07 0.08 0.06 0.13 0.07 0.11 0.07 0.08 0.06
Current Ratio(x) 0.37 0.37 0.31 0.34 0.32 0.24 0.32 0.33 0.3 0.31 0.34
Quick Ratio(x) 26.19 31.77 27.1 34.19 29.28 24.17 21.8 24.33 21.8 21.39 18.85
CASA % 44.76 47.25 51.22 53.49 44.18 41.01 45.44 44.98 47.13 42.97 40.75

Axis Bank Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 7.95 7.94 7.93 7.92 7.92 7.91 7.91 7.9 7.89 7.89
FII 51.22 52.92 51.96 50.96 49.42 45.49 42.47 42.35 40.5 41.18
DII 28.05 27.9 29.08 30.18 31.71 36.04 39.53 39.85 41.47 41.26
Public 9.43 8.02 7.54 6.33 6.41 6.7 6.76 6.59 6.84 6.41
Others 3.35 3.22 3.48 4.6 4.54 3.86 3.33 3.31 3.3 3.26
Total 100 100 100 100 100 100 100 100 100 100

Axis Bank News

Axis Bank Pros & Cons

Pros

  • Company has delivered good profit growth of 71% CAGR over last 5 years
  • Company has reduced debt.

Cons

  • Promoter holding is low: 7.89%.
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