AXISBANK

Axis Bank Limited

Private-sector bank spanning retail, SME, corporate lending, payments and wealth management

Financial Services›Financial Services›Banks›Private Sector Bank

axis.bank.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-19

Stock price
₹1236.00
Market cap
3,84,853 Cr
Stock P/E
12.8
P/B
1.68
Dividend yield
0.1%
ROE (FY26)
12.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Axis Bank is a large private-sector bank in India that lends to individuals, small businesses, mid-sized companies and large corporates, takes their deposits and sells payments, broking, asset management and investment banking services through subsidiaries.

Company snapshot

4thBy market cap

Ranked among 20 companies in Private Sector Bank.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 72.5% of revenue

SegmentRevenue shareRevenuePBTAssets
Corporate/Wholesale Banking
31.7%
34,863 Cr8,616 Cr—
Other Banking Business
2.7%
2,983 Cr2,842 Cr—
Retail Banking - Digital Banking
22.7%
24,939 Cr1,422 Cr—
Retail Banking - Others
72.5%
79,712 Cr5,851 Cr—
Treasury
20.7%
22,750 Cr5,893 Cr—
Unallocated
0.3%
301 Cr329 Cr—

Shares add up to 151% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Net margin of 16.4% — the business keeps a healthy share of every rupee it earns.
Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Net Interest Income12,923 Cr13,503 Cr13,898 Cr13,986 Cr14,123 Cr14,332 Cr14,110 Cr14,338 Cr14,924 Cr15,091 Cr15,327 Cr16,155 Cr
Other income6,272 Cr7,606 Cr6,637 Cr7,603 Cr6,797 Cr7,506 Cr8,053 Cr7,460 Cr7,189 Cr6,972 Cr7,671 Cr7,587 Cr
Net operating income19,194 Cr21,109 Cr20,535 Cr21,589 Cr20,919 Cr21,837 Cr22,162 Cr21,798 Cr22,113 Cr22,063 Cr22,998 Cr23,741 Cr
Employee cost3,022 Cr3,283 Cr3,495 Cr3,473 Cr3,354 Cr3,340 Cr3,652 Cr3,536 Cr3,238 Cr3,580 Cr3,530 Cr3,824 Cr
Other expenses6,436 Cr6,624 Cr6,295 Cr6,664 Cr6,319 Cr7,052 Cr6,297 Cr7,124 Cr7,136 Cr7,663 Cr6,969 Cr7,808 Cr
Provisions & contingencies1,049 Cr1,217 Cr2,102 Cr2,275 Cr2,240 Cr1,550 Cr4,034 Cr3,643 Cr2,368 Cr3,572 Cr2,337 Cr1,757 Cr
Depreciation————————————
Profit before tax8,688 Cr9,985 Cr8,643 Cr9,177 Cr9,007 Cr9,895 Cr8,180 Cr7,496 Cr9,371 Cr7,247 Cr10,161 Cr10,352 Cr
Tax %25.3%23.7%25.4%19.3%24.9%24.3%23.5%25.9%24.8%-5.3%24.7%26.1%
Net profit6,520 Cr7,630 Cr6,467 Cr7,436 Cr6,779 Cr7,509 Cr6,279 Cr5,567 Cr7,060 Cr7,642 Cr7,670 Cr7,666 Cr
EPS (₹)₹21.06₹24.63₹20.84₹23.94₹21.79₹24.14₹20.15₹17.82₹22.59₹24.47₹24.55₹24.76

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income18,386 Cr19,010 Cr22,160 Cr25,720 Cr29,770 Cr33,923 Cr44,059 Cr51,368 Cr56,338 Cr58,463 CrSign in free for the trailing twelve months
Other income12,422 Cr11,863 Cr14,189 Cr16,342 Cr16,152 Cr17,268 Cr18,706 Cr25,230 Cr28,543 Cr29,674 CrSign in free for the trailing twelve months
Net operating income30,807 Cr30,873 Cr36,349 Cr42,062 Cr45,922 Cr51,192 Cr62,766 Cr76,599 Cr84,881 Cr88,137 CrSign in free for the trailing twelve months
Employee cost——5,990 Cr5,820 Cr6,769 Cr8,414 Cr9,702 Cr12,194 Cr13,661 Cr14,006 CrSign in free for the trailing twelve months
Other expenses——10,730 Cr12,246 Cr12,406 Cr16,410 Cr19,267 Cr25,049 Cr26,331 Cr28,220 CrSign in free for the trailing twelve months
Provisions & contingencies——12,037 Cr18,716 Cr16,997 Cr7,438 Cr2,685 Cr4,178 Cr8,166 Cr13,617 CrSign in free for the trailing twelve months
Depreciation——————————Sign in free for the trailing twelve months
Profit before tax——7,592 Cr5,280 Cr9,750 Cr18,929 Cr18,621 Cr35,178 Cr36,722 Cr32,293 CrSign in free for the trailing twelve months
Tax %——33.5%64.4%25.6%25.2%41.7%24.9%23.4%18.0%Sign in free for the trailing twelve months
Net profit3,967 Cr464 Cr5,047 Cr1,879 Cr7,252 Cr14,207 Cr10,919 Cr26,492 Cr28,191 Cr26,548 CrSign in free for the trailing twelve months
EPS (₹)₹16.54₹1.86₹19.61₹6.83₹24.19₹46.04₹35.20₹85.62₹90.72₹85.04Sign in free for the trailing twelve months
Dividend payout %————0.0%0.0%2.8%1.2%1.1%1.2%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital479 Cr513 Cr514 Cr564 Cr613 Cr614 Cr615 Cr617 Cr619 Cr622 Cr
Reserves55,901 Cr63,694 Cr67,373 Cr85,776 Cr1,02,981 Cr1,17,496 Cr1,28,740 Cr1,55,512 Cr1,85,433 Cr2,12,957 Cr
Borrowings1,12,455 Cr1,55,767 Cr1,61,250 Cr1,55,180 Cr1,52,249 Cr1,99,778 Cr2,06,214 Cr2,28,200 Cr2,20,687 Cr2,80,511 Cr
Other liabilities4,42,627 Cr4,83,729 Cr5,84,909 Cr6,86,351 Cr7,54,483 Cr8,77,640 Cr10,08,849 Cr11,33,910 Cr12,50,223 Cr14,51,961 Cr
Total liabilities6,11,462 Cr7,03,703 Cr8,14,046 Cr9,27,872 Cr10,10,325 Cr11,95,529 Cr13,44,418 Cr15,18,239 Cr16,56,963 Cr19,46,050 Cr
Fixed assets (net)3,810 Cr4,049 Cr4,130 Cr4,394 Cr4,330 Cr4,679 Cr4,853 Cr5,838 Cr6,492 Cr6,756 Cr
CWIP——————————
Investments1,29,018 Cr1,53,037 Cr1,74,056 Cr1,55,282 Cr2,25,336 Cr2,74,608 Cr2,88,095 Cr3,32,354 Cr3,96,685 Cr4,46,422 Cr
Loans & advances3,81,165 Cr4,49,844 Cr5,06,656 Cr5,82,959 Cr6,35,071 Cr7,25,126 Cr8,68,388 Cr9,99,333 Cr10,81,229 Cr12,82,392 Cr
Cash & bank30,858 Cr35,481 Cr35,099 Cr84,959 Cr51,809 Cr94,035 Cr66,118 Cr86,077 Cr73,638 Cr78,627 Cr
Other assets66,611 Cr61,293 Cr94,105 Cr1,00,278 Cr93,781 Cr97,081 Cr1,16,965 Cr94,636 Cr98,918 Cr1,31,853 Cr
Total assets6,11,462 Cr7,03,703 Cr8,14,046 Cr9,27,872 Cr10,10,325 Cr11,95,529 Cr13,44,418 Cr15,18,239 Cr16,56,963 Cr19,46,050 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity32,209 Cr—37,125 Cr30,416 Cr12,633 Cr28,137 Cr22,075 Cr-5,555 Cr44,384 Cr-8,474 Cr
Cash from investing-12,443 Cr—-18,691 Cr-9,659 Cr-54,195 Cr-27,232 Cr-32,694 Cr-9,088 Cr-51,215 Cr-45,917 Cr
Cash from financing-2,487 Cr—5,643 Cr8,865 Cr7,279 Cr47,894 Cr6,641 Cr22,341 Cr-7,000 Cr60,195 Cr
Net cash flow17,263 Cr—24,093 Cr29,795 Cr-34,375 Cr48,919 Cr-3,636 Cr7,785 Cr-13,794 Cr5,804 Cr
Free cash flow (OCF − Capex)31,435 Cr—36,245 Cr29,311 Cr11,694 Cr26,728 Cr20,685 Cr-7,940 Cr41,938 Cr-10,684 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %7.0%0.7%7.4%2.1%6.9%12.0%8.4%16.9%15.1%12.4%

Regulatory ratios (standalone basis)

RBI ratios for the bank itself (standalone filing), on both views.

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross NPA——29,789 Cr30,234 Cr25,315 Cr21,822 Cr18,604 Cr15,127 Cr14,490 Cr16,084 Cr
Gross NPA %5.0%6.8%5.3%4.9%3.7%2.8%2.0%1.4%1.3%1.2%
Net NPA——11,276 Cr9,360 Cr6,994 Cr5,512 Cr3,559 Cr3,247 Cr3,685 Cr4,790 Cr
Net NPA %2.3%3.6%2.1%1.6%1.1%0.7%0.4%0.3%0.3%0.4%
CET1 %11.1%11.7%11.3%13.3%15.4%15.2%14.0%13.7%14.7%14.4%
Additional Tier 1 %0.7%1.4%1.3%1.1%1.1%1.1%0.5%0.5%0.4%14.8%
ROA %0.7%0.0%0.6%0.2%0.7%1.2%0.8%1.8%1.7%1.5%