Axis Bank (AXISBANK) · mywealthgrid

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About

Axis Bank is India's third-largest private bank with quarterly standalone revenues of ₹33–35k Cr and net profit ₹7–7.7k Cr, maintaining operating margins consistently between 55.73% and 64.85%. The bank operates across retail, SME, and corporate lending with growing retail and SME books, positioning itself in India's credit growth narrative alongside larger peers.

Founded: 1993
Face value: ₹2

Market cap

₹3,78,299 Cr

P/E

13.6×

P/B

1.8×

Dividend yield

0.1%

ROE

13.2%

ROCE

6.2%

Debt / equity

1.31

OPM

60.7%

EPS (TTM)

₹89.5

Book value

₹687.2

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Promoter ownership of just 7.87% is notably low for an Indian private bank; verify what this indicates about founder commitment to long-term value creation.
Operating margin volatility (55.73% to 64.85% across recent quarters) suggests execution inconsistency or business-mix shifts; investigate drivers of quarter-to-quarter swings.
ROE of 13.23% is modest; verify whether this reflects loan composition, provisioning conservatism, or capital deployment efficiency relative to peer benchmarks.
Debt-to-equity ratio of 1.31 is moderate but check against regulatory capital headroom to assess future balance-sheet expansion flexibility.

Generated analysis · source review pending

Growth drivers

Growing retail and SME lending books (noted in description) typically generate higher margins than corporate lending; verify current portfolio size and growth rates to gauge earnings expansion.
Operating margins averaging 60.66% (range 55.73%–64.85%) generate capital for balance-sheet growth without external fundraising needs.
Quarterly net profit of ₹7–7.7k Cr demonstrates reinvestment capacity; verify retention rate and whether capital deploys into advances or returns to shareholders.
Quarterly revenue growth from ₹31k–32k Cr (September 2025) to ₹34k–35k Cr (June 2026) signals business expansion; verify if this reflects loan-volume growth, yield changes, or mix effects.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹1,217.1+0.4%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 60.7%
+Profit CAGR of 29.7% over the last 5 years
+Revenue CAGR of 15.4% over the last 5 years

Cons

−Weak interest coverage of 1.4×
−Low dividend payout of 1.1% of profit
−Low promoter holding of 7.9%

Research score

Structured signal from quality, growth, valuation and momentum.

64/100

Business quality: 35
Growth: 72
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY 50 NIFTY 100 NIFTY 200 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
HDFC BankHDFCBANKHDFCBANK	₹11,10,742 Cr	₹16,99,226 Cr	₹3,51,819 Cr	₹1,50,194 Cr	41.6%	₹79,013 Cr	21.8%	7.1%	13.8%	—
ICICI BankICICIBANKICICIBANK	₹9,38,403 Cr	₹11,58,667 Cr	₹1,98,379 Cr	₹49,020 Cr	26.8%	₹56,357 Cr	29.7%	7.2%	15.4%	—
State Bank of IndiaSBINSBIN	₹8,80,692 Cr	₹16,57,994 Cr	₹5,25,951 Cr	₹2,36,906 Cr	45.9%	₹87,755 Cr	16.8%	6.1%	15.1%	—
Bajaj FinanceBAJFINANCEBAJFINANCE	₹5,90,080 Cr	₹10,25,192 Cr	₹86,164 Cr	₹58,574 Cr	68%	₹20,304 Cr	23.6%	—	18.1%	—
Life Insurance Corporation Of IndiaLICILICI	₹4,95,690 Cr	—	₹9,96,996 Cr	₹0 Cr	—	₹60,080 Cr	5.9%	—	37.6%	—
National Stock Exchange of India LtdNSENSE	₹4,30,972 Cr	₹4,35,023 Cr	₹16,601 Cr	—	—	₹10,302 Cr	62.1%	3.3%	33%	—
Kotak Mahindra BankKOTAKBANKKOTAKBANK	₹4,16,112 Cr	₹5,11,505 Cr	₹70,887 Cr	₹16,835 Cr	26.7%	₹20,354 Cr	27.6%	6.9%	11.5%	—
Axis BankAXISBANKAXISBANK	₹3,78,299 Cr	₹6,58,810 Cr	₹1,35,732 Cr	₹81,034 Cr	60.7%	₹27,822 Cr	20%	6.2%	13.2%	—
Bajaj FinservBAJAJFINSVBAJAJFINSV	₹2,77,303 Cr	₹7,05,550 Cr	₹1,57,642 Cr	₹59,568 Cr	37.7%	₹10,144 Cr	13.1%	—	13%	—
Shriram Finance LimitedSHRIRAMFINSHRIRAMFIN	₹1,77,811 Cr	₹4,28,503 Cr	₹49,997 Cr	₹36,981 Cr	73.7%	₹11,318 Cr	20.8%	—	16.4%	—
SBI Life InsuranceSBILIFESBILIFE	₹1,72,160 Cr	—	₹1,20,361 Cr	₹0 Cr	—	₹2,601 Cr	2.2%	—	13.8%	—
ICICI Prudential Asset Management Company LimitedICICIAMCICICIAMC	₹1,52,462 Cr	₹1,52,462 Cr	₹5,765 Cr	₹4,294 Cr	74.5%	₹3,298 Cr	57.2%	—	85.8%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	63,716	64,696	68,846	87,448	1,12,759	1,27,374	1,32,538
Interest	37,996	34,926	34,923	43,389	61,391	71,036	74,075
Expenses	36,782	36,171	30,654	17,024	39,569	46,440	52,144
Financing profit	-11,062	-6,401	3,270	27,035	11,799	9,897	6,319
Financing margin %	-17.4%	-9.9%	4.8%	30.9%	10.5%	7.8%	4.8%
Other income	16,342	16,152	17,268	18,706	25,230	28,543	29,674
Depreciation	—	—	1,608	14,630	1,851	1,718	3,699
Profit before tax	5,280	9,750	18,972	18,687	35,247	36,801	32,348
Tax	3,401	2,498	4,765	7,769	8,754	8,610	5,800
Tax %	64.4%	25.6%	25.1%	41.6%	24.8%	23.4%	17.9%
PAT	1,879	7,252	14,207	10,919	26,492	28,191	26,548
EPS (₹)	6.8	24.2	46	35.2	85.6	90.7	85
EPS adjusted (₹)	6.6	23.5	46.1	35.4	85.7	90.8	85.1
	0%	0%	2.2%	2.8%	1.2%	1.1%	1.2%
Gross NPA %	4.9%	3.7%	2.8%	2%	1.4%	1.3%	1.2%
Net NPA %	1.6%	1.1%	0.7%	0.4%	0.3%	0.3%	0.4%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	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	1,17,496	1,28,740	1,55,512	1,85,433	2,12,957
Deposits	3,22,244	3,58,302	4,14,983	4,55,658	5,50,746	6,42,157	7,07,623	8,20,914	9,45,825	10,67,102	11,70,921	13,33,791
Borrowings	84,394	1,04,494	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
Other liabilities	15,656	15,679	27,644	28,071	34,248	44,194	46,859	56,726	63,024	66,808	79,302	1,18,169
Total equity & liabilities	4,67,243	5,32,033	6,11,462	7,03,703	8,14,046	9,27,872	10,10,325	11,95,529	13,44,418	15,18,239	16,56,963	19,46,050
Fixed assets	2,552	3,574	3,810	4,049	4,130	4,394	4,330	4,679	4,853	5,838	6,492	6,756
Investments	1,33,319	1,21,881	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
	3,31,372	4,06,579	4,78,633	5,46,618	6,35,860	7,68,196	7,80,660	9,16,241	10,51,471	11,80,047	12,53,785	14,92,872
Total assets	4,67,243	5,32,033	6,11,462	7,03,703	8,14,046	9,27,872	10,10,325	11,95,529	13,44,418	15,18,239	16,56,963	19,46,050

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-19,183	32,209	-38,390	37,125	30,416	12,633	28,137	22,075	-5,555	44,384	-8,474
	-5,436	-12,443	-10,047	-18,691	-9,659	-54,195	-27,232	-32,694	-9,088	-51,215	-45,917
	21,883	-2,487	41,342	5,643	8,865	7,279	47,894	6,641	22,341	-7,000	60,195
Net cash flow	-2,774	17,263	-7,055	24,094	29,795	-34,283	48,799	-3,979	7,698	-13,832	5,804
Free cash flow	-20,647	31,435	-39,245	36,245	29,311	11,694	26,728	20,685	-7,940	41,938	-10,684
CFO / Operating profit %	—	—	—	—	112.9%	44.3%	73.7%	31.4%	-7.6%	54.8%	-10.5%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Retail Banking - Others	1,09,745.79	5,323.55	5,73,586.39	8,65,393.9	—	—
Corporate/Wholesale Banking	52,500.54	12,175.71

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
PAT margin %	3%	11.2%	20.6%	12.5%	23.5%	22.1%	20%
Return ratios
Return on assets %	0.2%	0.7%	1.2%	0.8%	1.7%	1.7%	1.4%
Return on capital employed %	4.9%	4.8%	5.1%	6.2%	7.1%	7.1%	6.2%
Return on equity %	2.2%	7%	12%	8.4%	17%	15.2%	12.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Margin, working-capital and leverage ratios are omitted: a bank funds itself with deposits and books interest as its cost of revenue, so they would measure something other than what they name.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	8.22%	8.2%	8.22%	8.31%	8.29%	8.23%	8.18%	8.17%	8.16%	8.15%	8.14%	7.87%
	53%	54.68%	53.84%	53.43%	51.78%	47.32%	43.94%	43.81%	41.89%	42.57%	42.05%	43%
	29.02%	28.83%	30.13%	31.63%	33.21%	37.48%	40.88%	41.21%	42.88%	42.65%	43.36%	42.69%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	9.76%	8.29%	7.81%	6.63%	6.72%	6.97%	7%	6.81%	7.07%	6.63%	6.45%	6.44%
No. of shareholders	—	—	—	—	—	—	—	—	9,18,780	8,63,758	8,54,844	8,36,818

Promoter holding down 0.35 percentage points since Sep 2023.

352 deals · 18 Aug 2021 – 24 Jun 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Jun 2026	THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MUTB400045794	Block	NSE	Buy	1,84,107	₹1,363.50	₹25.10 Cr
24 Jun 2026	THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828	Block	NSE	Sell	1,84,107	₹1,363.50	₹25.10 Cr
27 Jan 2026	GOLDMAN SACHS BANK EUROPE SE	Block	BSE	Buy	21,97,602	₹1,313.90	₹288.74 Cr
27 Jan 2026	MORGAN STANLEY ASIA (SINGAPORE) PTE.	Block	BSE	Sell	21,97,602	₹1,313.90	₹288.74 Cr
27 Jan 2026	GOLDMAN SACHS BANK EUROPE SE	Block	BSE	Buy	17,40,118	₹1,313.90	₹228.63 Cr
27 Jan 2026	MORGAN STANLEY ASIA (SINGAPORE) PTE.	Block	BSE	Sell	17,40,118	₹1,313.90	₹228.63 Cr
27 Jan 2026	MORGAN STANLEY ASIA (SINGAPORE) PTE.	Block	BSE	Sell	11,93,668	₹1,313.90	₹156.84 Cr
27 Jan 2026	GOLDMAN SACHS BANK EUROPE SE	Block	BSE	Buy	11,93,668	₹1,313.90	₹156.84 Cr
13 Nov 2025	SOCIETE GENERALE	Block	NSE	Buy	91,177	₹1,221.60	₹11.14 Cr
13 Nov 2025	BOFA SECURITIES EUROPE SA	Block	NSE	Sell	91,177	₹1,221.60	₹11.14 Cr

1–10 of 352

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Mr. N S VishwanathanNon-Executive - Independent Director-Chairperson
Mr. Amit TalgeriChief Risk Officer
Mr. Amitabh ChaudhryExecutive Director-CEO-MD
Mr. Girish S ParanjpeNon-Executive - Independent Director
Ms. Meena GaneshNon-Executive - Independent Director
Mr. Gopalaraman PadmanabhanNon-Executive - Independent Director
Mr. P N PrasadNon-Executive - Independent Director
Mr. CH S S MallikarjunaraoNon-Executive - Independent Director
Mr. Pranam WahiNon-Executive - Independent Director
Ms. Mini IpeNon-Executive - Nominee Director
Mr. Subrat MohantyExecutive Director

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F&O

Current futures and options contracts with compact option-chain pages.

End of day 30 Sept 2026 · underlying ₹1,226.0 · volume and open interest in contracts

3

Expiry	Close	Chg	% Chg	Settlement	Open interest	Change in OI	Volume	Lot size
27 Oct 2026	₹1,227.8	+14	+1.2%	₹1,227.8	1.4 L	-913	9,607	625
23 Nov 2026	₹1,234.2	+15.7	+1.3%	₹1,234.2	9,301	+167	486	625
29 Dec 2026	₹1,242.4	+12.3	+1%	₹1,242.4	57	+57	64	625

Open the chart icon on a row for that contract's close over 103 stored sessions, with open interest as bars beneath it.

38

27 Oct 2026 23 Nov 2026 29 Dec 2026

Calls				Strike	Puts
OI	Chg OI	Volume	LTP	—	LTP	Volume	Chg OI	OI
0	0	0	₹0.0	1,000

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

319

across 25 fund houses

Held by these funds

19.58%

of the company's equity

All mutual funds

33%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

319 schemes · 25 fund houses

		Shares
Nifty 50 ETF	SBI Mutual Fund	5.57 Cr	7,241.76	3.39%	1.792%	+2.93 L
BSE Sensex ETF	SBI Mutual Fund	3.82 Cr	4,907.02	4.02%	1.231%	+3.79 L
Parag Parikh Flexi Cap Fund	PPFAS Mutual Fund	3.37 Cr	4,377.36	2.97%	1.083%	-0
Large Cap Fund	ICICI Prudential Mutual Fund	2.52 Cr	3,270.7	4.08%	0.809%	+5.95 L
Multi Cap FundNEW	Nippon India Mutual Fund	2.22 Cr	2,891.25	5.14%	0.716%	—
LARGE CAP FUND	Nippon India Mutual Fund	2.2 Cr	2,862.02	5.29%	0.708%	+10 L
ETF NIFTY 50 BEES	Nippon India Mutual Fund	1.75 Cr	2,272.59	3.39%	0.562%	+3.51 L
Portfolio of Kotak Flexi Cap FundNEW	Kotak Mahindra Mutual Fund	1.6 Cr	2,080	3.69%	0.515%	—

1–8 of 319

1 / 40

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Jul 2026Transcript AI Summary PPT REC
Apr 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results17 Oct 2026 · in 16 daysresults

16

Final dividend10 Jul 2026 · ex-date₹1
Final dividend4 Jul 2025 · ex-date₹1
Final dividend12 Jul 2024 · ex-date₹1
Final dividend7 Jul 2023 · ex-date₹1
Final dividend7 Jul 2022 · ex-date₹1
Final dividend4 Jul 2019 · ex-date₹1
Final dividend6 Jul 2017 · ex-date₹5
Dividend dividend7 Jul 2016 · ex-date₹5
Dividend dividend9 Jul 2015 · ex-date₹4.6
Dividend dividend12 Jun 2014 · ex-date₹20
Dividend dividend5 Jul 2013 · ex-date₹18
Dividend dividend14 Jun 2012 · ex-date₹16
Dividend dividend8 Jun 2011 · ex-date₹14
Dividend dividend20 May 2010 · ex-date₹12
Dividend dividend14 May 2009 · ex-date₹10
Dividend dividend22 May 2008 · ex-date₹6

2

Board meeting to consider results17 Oct 2026
Board meeting to consider results18 Jul 2026

1–3 of 4

1 / 2

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

66 announcementsExport CSV

7 Sept 2026, 10:02 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
PAT margin %	3%	11.2%	20.6%	12.5%	23.5%	22.1%	20%
Return ratios
Return on assets %	0.2%	0.7%	1.2%	0.8%	1.7%	1.7%	1.4%
Return on capital employed %	4.9%	4.8%	5.1%	6.2%	7.1%	7.1%	6.2%
Return on equity %	2.2%	7%	12%	8.4%	17%	15.2%	12.4%

Calls	Strike	Puts
0	0	0	₹0.0	1,000

Date	Category	Subject	Filing
7 Sept 2026, 10:02 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
3 Sept 2026, 7:35 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
2 Sept 2026, 2:50 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	PDF
1 Sept 2026, 7:50 pm	Company Update Allotment of ESOP / ESPS	Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS	PDF
1 Sept 2026, 5:30 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	PDF
1 Sept 2026, 5:27 pm	Company Update General	Update	PDF
31 Aug 2026, 10:22 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
26 Aug 2026, 10:10 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF

Axis Bank

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Futures3

Option chain38

Fund holders

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Upcoming and recent1

Dividends16

Board meetings2

Announcements

Upcoming and recent1

Dividends16

Board meetings2

Ratio timeline

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Quarterly record

Bulk & block deals

Board and management

Futures3

Option chain38

Profit & loss

Balance sheet

Cash flow

Segment results

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Corporate/Wholesale Banking · revenue

3

38

1

16

2

1

16

2

3

38