AXISBANK · NSE · Private Sector Bank
Axis Bank Ltd
What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Large Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
fair
low confidence
No valuation within 120 days; P/E 14.1 vs peers 17.4 (3rd of 10); P/B 1.8 vs peers 1.1 (7th of 10).
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model
What is Axis Bank's share price today?
Axis Bank last traded at ₹1,253.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.5% on the day, up 5.8% over a year. Its 52-week range is ₹1,150 to ₹1,418. The live price is in the app.
₹1,253.00
−0.5% today
+5.8% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range38% of the way up
Low ₹1,150High ₹1,418
What is Axis Bank's market cap?
Axis Bank's market capitalisation is about ₹3.92 lakh crore: what it would cost to buy every share at today's price. That makes it the 16th largest large cap company we cover.
₹3.9 L Cr
Large Cap16th largest large cap company
Share price₹1,253
×
Shares in issue313 crore
=
Market cap₹3.9 L Cr
Large Cap means the 100 largest listed companies, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →
Key facts
From the exchange
- Symbol
- NSE: AXISBANK
- ISIN
- INE238A01034
- Cap bucket
- Large Cap, 16th largest by market cap
- Industry (NSE)
- Financial Services › Banks › Private Sector Bank
- Listed since
- 1998
- Futures and options
- Traded
Is Axis Bank overvalued?
Fair, with low confidence: no valuation within 120 days; P/E 14.1 vs peers 17.4 (3rd of 10); P/B 1.8 vs peers 1.1 (7th of 10).
Valuation
Latest price and trailing 12 months
P/E
14.08
vs peers 17.4 · 3rd of 10
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B
1.77
vs peers 1.1 · 7th of 10
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap
₹3.92 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield
0.1%
vs peers 0.4% · 8th of 8
Last year's dividends as a share of today's price. Learn more →
PEG (vendor)
Not available
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth
0.41
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
Is Axis Bank a quality business?
Quality score 55.6, 5th of 10 in its peer set; CLEAN on 20 of 22 lender flags judged.
Quality and risk
Data as of 12 Oct 2026
Business quality
Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score
55.6
vs peers 50 · 5th of 10
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level
CLEAN
20 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →
Lender scorecard
Statements through FY2026 (Mar-26)
Basis: standalone accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; NIM is interest earned less expended over average advances and investments; cost to income is operating expenses over net interest income plus other income; credit cost is FY2026 provisions over average advances; ROA over average total assets; ROE over average equity; GNPA, NNPA, provision coverage, CET1 from the Jun-26 quarter filing
Net interest margin
3.6%
vs peers 4.0% · 7th of 10
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA
1.3%
vs peers 1.4% · 3rd of 10
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA
0.4%
vs peers 0.3% · 7th of 10
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage
69.7%
How much of the gross bad loans has already been provided for. Learn more →
Credit cost
1.2%
vs peers 0.8% · 7th of 10
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income
47.9%
vs peers 52.3% · 5th of 10
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets
1.4%
vs peers 1.1% · 5th of 10
Profit as a share of average total assets. Learn more →
CET1 ratio
14.6%
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY
18.5%
vs peers 15.8% · 3rd of 10
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY
13.9%
vs peers 12.1% · 5th of 10
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio
Not available
Current and savings account balances as a share of all deposits. Learn more →
Inside the app
Get a sneak peek of Valarth
Has Axis Bank made money for shareholders?
Yes: +5.8% over one year and +9.8% a year over five years.
Shareholder returns
5-year return
+9.8% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer
No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →
Returns
3Y and 5Y are yearly averages
1W
+3.0%1M
+3.0%3M
−4.6%6M
−7.0%1Y
+5.8%3Y
+7.7%5Y
+9.8%Does Axis Bank pay a dividend?
Yes. Axis Bank's dividend yield is 0.09% at the latest price; the last payout was ₹1.00 a share, ex-dividend 10 Jul 2026.
Dividends
Per share, by ex-dividend date
Dividend yield0.09%
The past 12 months' dividends as a share of today's price.
10 Jul 2026 · Final₹1.00
4 Jul 2025 · Final₹1.00
12 Jul 2024 · Final₹1.00
7 Jul 2023 · Final₹1.00
7 Jul 2022 · Final₹1.00
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.
Is Axis Bank growing?
Loan growth 18.5%; deposit growth 13.9%; revenue 3 years 15.3% a year.
Growth
Statements through FY2026 (Mar-26)
Loan growth
18.5%
vs peers 15.8% · 3rd of 10
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth
13.9%
vs peers 12.1% · 5th of 10
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years
15.3% a year
vs peers 17.7% · 6th of 10
Compound annual growth of revenue over three years. Learn more →
EPS 3 years
34.2% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years
13.9% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years
28.3% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
How did Axis Bank do last quarter?
Axis Bank reported income of ₹43,213 Cr, up 4.0% on a year earlier and a net profit of ₹7,632 Cr, down 6.0% in the Jun 2026 quarter.
Latest quarter
Jun 2026
Income, latest quarter₹43,213 Cr
+4.0% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹7,632 Cr
−6.0% on a year earlier
What was left for shareholders after every cost and tax.
How does Axis Bank compare with its peers?
Compared with 9 Private Sector Bank; 3rd of 10 on P/E; 5th of 10 on quality score.
Compared with 9 Private Sector Bank
9 companies
Axis Bank against its peers
Largest 9 of 9 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
Axis Bank Ltd₹3.9 L Cr14.11.812.7%+5.8%
Peer median—17.41.111.1%+2.5%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.
Who owns Axis Bank?
Axis Bank is held by promoters 7.9%, foreign institutions 43.0%, domestic institutions 42.7%.
Shareholding pattern
Latest filing, percent of shares
Promoters7.9%
The founders and controlling group.
Foreign institutions43.0%
Overseas funds investing through the FPI route.
Domestic institutions42.7%
Indian insurers, banks, pension and mutual funds together.
Mutual funds33.0%
Indian mutual fund schemes; part of domestic institutions.
Retail and others3.8%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.
What do analysts say about Axis Bank?
41 analysts cover Axis Bank, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.
Analyst consensus
41 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.
What does Axis Bank do and what is it sensitive to?
Axis Bank is a retail and wholesale banking group offering deposits, loans, cards, payment services, treasury products, and third-party insurance and investment distribution through 5,000+ branches and digital channels. Sensitive to: interest rate movements (RBI policy rates).
Business-model card
FY2025 · 72 verified
4Revenue
4Channels
3Regulators
8Reg. dependencies
7Sensitivities
8Costs
2Geographies
Axis Bank is a retail and wholesale banking group offering deposits, loans, cards, payment services, treasury products, and third-party insurance and investment distribution through 5,000+ branches and digital channels. It earns primarily through net interest income on advances and deposits, plus fees from transaction services, card products, wealth management, and insurance commissions.
Revenue by segment
year ended March 31, 2025 (consolidated)
Treasury13.9%
Corporate/Wholesale Banking21.2%
Retail Banking - Digital Banking Business14.8%
Retail Banking - Other Retail Banking Business47.5%
Other Banking Business2.6%
Revenue engine
4 verified
Retail Banking: loans, deposits, cards, wealth management and third-party product distribution (60.0%)
Interest earned on retail loans (home, auto, personal, gold, education, agriculture, credit), fees for banking and advisory services, ATM interchange fees, card products, and commissions on insurance and mutual funds distribution.
Corporate/Wholesale Banking: corporate loans, deposits, transaction services, merchant banking
Interest and fees earned on loans to corporate customers, fees from transaction services (payments, cash management), and merchant banking activities such as syndication and debenture trusteeship.
Treasury: gains/losses from trading, interest income on investments, forex and derivatives
Fees and gains or losses from trading operations and interest income on the investment portfolio. Transactions undertaken both for customers and on proprietary basis.
1 more statement
Insurance commission income
Fee and commission for sale and renewal of insurance products offered through the bank's branches and digital channels, subject to IRDAI stipulations.
Customers & channels
4 verified
Retail customers, small businesses, NRIs and retail institutions (60.0%)
Served through branches, digital channels, and mobile banking; targeted for deposits, loans (home, auto, personal, agriculture), cards, and wealth management.
Corporate and wholesale customers
Relationship-based banking for corporates with advisory, lending, transaction banking, payments, and cash management services.
Distribution through 5,000+ branches and digital channels
Physical branch network and mobile banking app (4.8 rating on Apple App Store, 4.7 on Google Play; ~3 crores registered users, 15 million+ active monthly users) serve as primary customer touchpoints.
1 more statement
Semi-urban and rural (Bharat) markets
Strategic focus on expanding secured lending and deeper penetration in high-growth potential rural and semi-urban segments as part of 'Bharat Banking' franchise.
Regulators
3 verified
Reserve Bank of India (RBI)
Governs banking operations, capital requirements, lending practices, liquidity management, cyber security, IT outsourcing, climate disclosures, and unsecured lending norms.
Insurance Regulatory and Development Authority of India (IRDAI)
Stipulates terms and commission rates for insurance product sales and renewals through the bank.
Securities and Exchange Board of India (SEBI)
Governs capital issuance, listing obligations, disclosure requirements, business responsibility and sustainability reporting (BRSR), and insider trading.
Regulatory dependencies
8 verified
RBI unsecured lending norms tightening
Macroprudential tightening on unsecured lending constrains origination in personal loans and credit cards; affects retail loan growth rates and product mix.
Insurance commission caps per IRDAI
IRDAI stipulations on commission rates for insurance product distribution cap revenue per policy sold.
Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) under Basel III
RBI-mandated liquidity standards require the bank to maintain minimum ratios; constrains deposit liability mix and term lending capacity.
5 more statements
Priority Sector Lending (PSL) mandates
Bank must direct a portion of credit to agriculture and MSMEs; affects loan pricing, customer segmentation, and fee recovery.
Digital Personal Data Protection (DPDP) Act implementation
Data fiduciary obligations, consent mechanisms, and data principal rights restrict how customer data can be used for cross-selling and marketing; increases compliance and technology costs.
SEBI BRSR Core assurance mandate
Top 150 listed entities must obtain reasonable assurance on ESG metrics; increases reporting and audit costs, may signal ESG risks to investors.
RBI climate-related financial disclosure framework
Climate risk becomes integral to credit assessment and disclosure mandates; affects loan pricing models and collateral valuation for climate-sensitive sectors.
RBI IT outsourcing and governance guidelines
Enhanced supervision of IT service providers and governance risk controls; increases due diligence and operational costs for technology services.
Sensitivities
7 verified
Interest rate movements (RBI policy rates)
Rising rates widen net interest margin (NIM) on floating-rate loans but increase deposit costs and reduce demand for fixed-rate borrowing. Declining rates compress NIM and boost loan demand but reduce deposit rates.
Liquidity and deposit growth
Tight liquidity and elevated rates intensify competition for deposits; granular deposit mobilisation becomes critical to fund loan growth.
Credit demand from corporate and MSME segments
Corporate investment delays due to global trade uncertainty reduce wholesale lending demand. MSME and housing credit remain resilient.
4 more statements
Exchange rate volatility and USD-INR movements
Currency volatility affects forex and derivative revenue. Strong INR reduces forex earnings; weak INR may reduce demand for forex hedging.
Real estate market recovery
Housing finance loan demand is sensitive to real estate price recovery and property market sentiment.
Global trade policy and tariff uncertainty
US tariff and trade policy uncertainty delays corporate investment decisions and weakens FCCB and trade finance demand from exporters.
Indian GDP growth and economic momentum
Domestic consumption, infrastructure investment, and financial formalisation drive retail and MSME lending. Slower GDP growth reduces loan demand.
Cost inputs
8 verified
Employee costs and compensation
Largest operating expense; includes salaries, allowances, benefits, and ESOP grants. Sensitive to talent competition in BFSI for technology and compliance roles.
Deposit interest expense
Cost of funds for retail and corporate deposits; rises with RBI repo rates and deposit competition.
Technology and IT services
Investments in digital platforms, cloud migration, data analytics, AI/ML capabilities, and cybersecurity. Includes outsourcing costs for IT vendors.
5 more statements
Branch infrastructure (rent, utilities, repairs)
Operating expenses for physical branch network across semi-urban and rural markets; includes rent, property maintenance, and utilities.
Insurance premiums
Operational insurance, cyber liability, and employee benefits insurance costs.
Vendor and service procurement
Purchases of products and services from vendors for day-to-day operations, including from LIC for life insurance and other service providers.
Commission to direct selling agents and network partners
Payments to agents for loan origination, insurance and mutual fund distribution; variable with sales volume.
Cashback and promotional expenses
Customer acquisition and retention incentives for deposits, cards, and digital transactions.
Geographies
2 verified
India (domestic): 5,000+ branches and digital network
Primary market; retail banking across semi-urban and rural (Bharat) segments, wholesale banking in metros and tier-1 cities, digital channels nationwide.
Overseas branches and operations
Foreign operations in select markets (Dubai and others) serve export financing, structured trade, and forex services for corporates. Total assets ₹56,531.95 crores as of March 31, 2025.
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.
What changed recently?
Q1 FY2027 results filed (18 Jul 2026).
Change log
6 entries · newest first
- Results filedQ1 FY2027 results filed.
- Results filedQ4 FY2026 results filed.
- Results filedQ3 FY2026 results filed.
- Results filedQ2 FY2026 results filed.
- Results filedQ1 FY2026 results filed.
- Results filedQ4 FY2025 results filed.
Get alerts →Sign in to be told when any of these change.
What this page does not tell you
What could not be judged, and why. Never empty.
- Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
- FlagsCLEAN on 20 of 22 lender flags judged; no red flag; 2 could not be judged.
- Data gapsPEG (vendor), Business quality, CASA ratio: not available yet.
Not applicable to a bank, lender or insurer · 12
- Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
- Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
- Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
- Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
- Interest coverageInterest is a lender's main cost, not a charge on operating profit.
- Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
- EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
- FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
- Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
- Asset turnoverA lender earns a spread on its assets, not a turnover of them.
- ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
- ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).
What this page rests on
✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓230 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2025 · 72 verified
Questions people ask
What is Axis Bank's share price today?
Axis Bank last traded at ₹1,253.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.5% on the day, up 5.8% over a year. Its 52-week range is ₹1,150 to ₹1,418. The live price is in the app.
What is Axis Bank's market cap?
Axis Bank's market capitalisation is about ₹3.92 lakh crore: what it would cost to buy every share at today's price. That makes it the 16th largest large cap company we cover.
Is Axis Bank Ltd a large cap, mid cap or small cap?
Axis Bank Ltd (AXISBANK) is a large cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.
What is Axis Bank Ltd's P/E ratio?
14.08, vs peers 17.4 · 3rd of 10. Price divided by last year's earnings per share: how many years of today's profit you pay for.
Is Axis Bank Ltd overvalued?
Fair, with low confidence: no valuation within 120 days; P/E 14.1 vs peers 17.4 (3rd of 10); P/B 1.8 vs peers 1.1 (7th of 10).
How does Axis Bank Ltd make money?
Axis Bank is a retail and wholesale banking group offering deposits, loans, cards, payment services, treasury products, and third-party insurance and investment distribution through 5,000+ branches and digital channels. It earns primarily through net interest income on advances and deposits, plus fees from transaction services, card products, wealth management, and insurance commissions.
Why is there no Altman Z or debt to equity for Axis Bank?
Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.
Who are Axis Bank Ltd's peers?
Compared with 9 Private Sector Bank: HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, IDBI Bank Ltd, Federal Bank Ltd and 4 more. The app shows how they compare on every figure.
Is this investment advice?
No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.
How did Axis Bank do last quarter?
Axis Bank reported income of ₹43,213 Cr, up 4.0% on a year earlier and a net profit of ₹7,632 Cr, down 6.0% in the Jun 2026 quarter.
Who owns Axis Bank?
Axis Bank is held by promoters 7.9%, foreign institutions 43.0%, domestic institutions 42.7%.
Does Axis Bank pay a dividend?
Yes. Axis Bank's dividend yield is 0.09% at the latest price; the last payout was ₹1.00 a share, ex-dividend 10 Jul 2026.
What do analysts say about Axis Bank?
41 analysts cover Axis Bank, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.