AXISBANKFinancial Services

Axis Bank Limited

Private Sector Bank · ISIN INE238A01034 · BSE 532215 · NSE EQ · FV ₹2
Last price
₹1,240
-0.08%today
What this company does

Axis Bank Limited operates in Private Sector Bank, part of the Financial Services sector. It booked ₹35,542 cr of revenue in its latest quarter (Q1 FY27) and kept 21.5% of sales as profit. It is the 4th largest of 9 Private Sector Bank companies we track, by market value.

60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Financial Services, on the 4 of 6 measures we could read for it. Each measure is ranked against the 95–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
47

At close. Not part of the score.

Profitability & returns58

How much profit it earns on the money it employs

Cash quality44

Whether reported profit actually arrives as cash

Valuation64

What today's price implies, against our models or its peers

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: balance sheet, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 22% net margin
Sales up 10% vs last year
Profit up 22% vs last year
No promoter shares pledged
Watch-outs
! Carries high debt (D/E 1.3)
! Operating cash flow is negative

What if I invest in AXISBANK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,240 -0.08%
latest close · 2026-09-17
1-year return
+66.1%
52-wk low ₹61852-wk high ₹1,300
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.6Low
LowAverageHigh
P/B ratio1.81Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.3%Fair
WeakFairStrong ▸15%
Net margin21.5%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.31High
LowModerateHigh ▸1
More figures
Market cap
₹3.86 L cr
Book value
₹687
EPS
₹24.55
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
1.6%
Earnings yield
7.92%
P/S
2.71
Sales / share
₹457.0
Tax rate
24.7%
Face value
₹2
Shares
311.1 cr
Working capital
Current assets
Current liabilities
Delivery %
62.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹1,109 vs market price ₹1,240 — price is 12% above it
Safety cushion-11.9%(target ≥ +20%)
Models span ₹1,046₹1,171, midpoint ₹1,109
Model ₹1,109
Price ₹1,240
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Interest Earned₹35,542 cr
Other Income₹7,671 cr
Total Income₹43,213 cr
Interest Expended₹20,215 cr
Employee Cost₹3,530 cr
Other Operating Expenses₹6,969 cr
Total Expenditure₹30,714 cr
Operating Profit before Provisions₹12,499 cr
Provisions & Contingencies₹2,337 cr
Profit before Tax₹10,161 cr
Tax Expense₹2,505 cr
Share of Associates₹14 cr
Net Profit₹7,657 cr
Net margin on total income17.7%
Where the money goes

Not enough income-statement detail filed to break this down yet.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue33,709 cr34,171 cr35,542 cr
Total income40,898 cr41,143 cr43,213 cr
Expenses
Profit before tax9,371 cr7,247 cr10,161 cr
Tax2,326 cr-385 cr2,505 cr
Net profit (owners' share)7,044 cr7,632 cr7,657 cr
Net margin (owners' share, on revenue)20.9%22.3%21.5%
EPS (₹)22.5924.4724.55
YoY (latest quarter): total income +7.0% · net profit +22.3%
Balance sheet & cash flow · as of Mar 2026
Total assets
₹19.46 L cr
Shareholder equity
₹2.14 L cr
parent shareholders
Borrowings
₹2.81 L cr
excl. customer deposits
Cash
Cash flow · H1 FY26
Operating
₹-15,439 cr
Investing
₹-20,586 cr
Financing
₹20,254 cr

Lender caveat: a bank's operating cash swings with deposits and lending — this is loan-book activity, not distress.

Peer comparison
Private Sector Bank · by market value
CompanyPriceMarket capP/E
HDFC Bank Limited₹713₹10.98 L cr14.3
ICICI Bank Limited₹1,348₹9.67 L cr15.6
Kotak Mahindra Bank Limited₹417₹4.14 L cr18.9
Axis Bank Limitedthis company₹1,240₹3.86 L cr12.6
IDBI Bank Limited₹82₹88,051 cr10.3
The Federal Bank Limited₹333₹82,124 cr16.3
IndusInd Bank Limited₹958₹74,656 cr18.0
IDFC First Bank Limited₹86₹74,371 cr16.2
Yes Bank Limited₹23₹72,598 cr17.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.08%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹1 / share10 Jul 2026
Dividend₹1 / share4 Jul 2025
Dividend₹1 / share12 Jul 2024
Dividend₹1 / share7 Jul 2023
Dividend₹1 / share7 Jul 2022
Dividend₹1 / share4 Jul 2019
Who owns it · 2026-06-30
No pledge
Promoter
7.9%
FII / Foreign
43.0%
DII / Domestic
42.7%
Retail / others
6.4%
Promoter stake down 0.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtVivek V Shinde · Employees/Designated Employees900 · ₹5.2 L28 Mar 22
BoughtShivani Suri · Employees/Designated Employees3,000 · ₹23.7 L28 Mar 22
BoughtAkshay Kumar Panda · Employees/Designated Employees13,000 · ₹75.8 L28 Mar 22
Bulk / block deals
short · NSE110 Sep 26
short · NSE208 Sep 26
short · NSE63 Sep 26
Stake changes
BoughtSBI Mutual Fund under its various Schemes→ 5.02% · 11.14 L5 Feb 25
BoughtHDFC Mutual Fund→ 5.02% · 14.89 L6 Jan 25
BoughtICICI Prudential Mutual Fund→ 5.03% · 34.75 L22 Nov 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 18 Jan 2026
See the official result
1
Appointment of Neeraj Gambhir (DIN: 00257375) as a Director and Whole-time Director (designated as Executive Director) of the Bank and payment of remuneration.
Backed by 99% of shareholders other than promotersneeded 50%
223.19 cr votes for, 3.08 cr against · 1% of mutual funds and other big investors said no
2
Appointment of Malavika R. Harita (DIN: 09005600) as an Independent Director.
Backed by 100% of shareholders other than promotersneeded 75%
226.06 cr votes for, 20.24 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹5,000 cr raised in Nov 2025 by private placement

As of Dec 2025, the company says it has spent 100% of what it set aside.

Enhancing long term resources for funding infrastructure and affordable housing. The issue proceeds to be utilised for funding long term projects in infrastructure sub-sectors and affordable housing as prescribed by RBI pursuant to the RBI Circulars.
100%
₹5,000 cr of ₹5,000 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.