Axis Bank Ltd’s fundamental analysis highlights key financial metrics including market capitalisation of ₹350,378.5 crore, PE ratio of 13.28, and return on equity of 18.34%. These figures reflect the company’s financial health and current market valuation. Notably, the debt-to-equity ratio is not provided.
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Axis Bank Ltd Overview
Axis Bank Ltd is one of India’s leading private sector banks. It operates in the banking and financial services sector, offering a wide range of products and services including retail banking, corporate banking, and treasury operations.
The company has a market capitalisation of ₹350,378.5 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading 18.19% below its 52-week high and 22.03% above its 52-week low.
Axis Bank Financial Results
Axis Bank Ltd has shown notable growth over three fiscal years, with total income increasing from ₹86,114 crores in FY 22 to ₹1,37,989 crores in FY 24. Expenses followed a similar upward trend.
1. Revenue Trend: Axis Bank’s total income grew from ₹86,114 crores in FY 22, to ₹1,06,155 crores in FY 23, and reached ₹1,37,989 crores in FY 24, demonstrating a strong upward trajectory in revenue generation.
2. Equity and Liabilities: Provisions and contingencies varied, peaking at ₹7,438 crores in FY 22 before reducing to ₹4,178 crores in FY 24, reflecting adjustments in financial risk management.
3. Profitability: The Pre-Provisioning Operating Profit (PPOP) increased significantly from ₹26,367 crores in FY 22 to ₹39,356 crores in FY 24, showing improved operational efficiency.
4. Earnings per Share (EPS): EPS has shown fluctuations, from ₹46.04 in FY 22, dropping to ₹35.2 in FY 23, and then significantly rising to ₹85.62 in FY 24.
5. Return on Net Worth (RoNW): Specific RoNW figures are not provided, but the substantial increase in net profit suggests an improvement.
6. Financial Position: The Net Interest Margin (NIM) slightly improved from 3.65% in FY 22 to 4.13% in FY 24, indicating better profitability from core banking operations.
Axis Bank Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Total Income | 1,37,989 | 1,06,155 | 86,114 |
| Total Expenses | 98,633 | 84,616 | 59,747 |
| Pre-Provisioning Operating Profit | 39,356 | 21,539 | 26,367 |
| PPOP Margin (%) | 28.52 | 20.29 | 30.62 |
| Provisions and Contingencies | 4,178 | 2,917 | 7,438 |
| Profit Before Tax | 35,178 | 18,621 | 18,929 |
| Tax % | 24.89 | 41.72 | 25.17 |
| Net Profit | 26,492 | 10,919 | 14,207 |
| EPS | 85.62 | 35.2 | 46.04 |
| Net Interest Income | 51,368 | 44,059 | 33,923 |
| NIM (%) | 4.13 | 4.09 | 3.65 |
| Dividend Payout % | 1.17 | 2.84 | 2.17 |
* Consolidated Figures in Rs. Crores
Axis Bank Company Metrics
Axis Bank’s market capitalization is ₹350,378.5 crore. The book value per share is ₹509, and the face value is ₹2. The asset turnover ratio is 0.1, and the ROE is 18.34%. The quarterly EBITDA is ₹8,643.34 crore, with a dividend yield of 0.09%.
Market Capitalization: Market Capitalization represents the total market value of Axis Bank’s outstanding shares, amounting to ₹350,378.5 crore.
Book Value: The book value per share of Axis Bank is ₹509 indicating the value of the company’s net assets divided by its shares outstanding.
Face Value: The face value of Axis Bank’s shares is ₹2, which is the nominal value of each share as stated on the share certificate.
Asset Turnover Ratio: The Asset Turnover Ratio of 0.1 measures how efficiently Axis Bank uses its assets to generate sales revenue or sales income.
Total Debt: The Total Debt information is not provided in the given data.
Return on Equity (ROE): The ROE of 18.34% measures Axis Bank’s profitability by revealing how much profit the company generates with the money shareholders have invested.
EBITDA (Q): The quarterly EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Axis Bank is ₹8,643.34 crore, indicating the company’s operating performance.
Dividend Yield: The dividend yield of 0.09% shows the annual dividend payment as a percentage of Axis Bank’s current share price, indicating the return on investment from dividends alone.
Axis Bank Stock Performance
Axis Bank Ltd delivered steady returns with 18.9% in one year, 15.0% over three years, and 11.3% over five years, highlighting consistent growth. This performance indicates the bank’s ability to generate reliable returns for investors over different investment periods.
| Period | Return on Investment (%) |
| 1 Year | 18.9 |
| 3 Years | 15.0 |
| 5 Years | 11.3 |
Example: If an investor had invested ₹1,000 in Axis Bank Ltd stock:
1 year ago, their investment would be worth ₹1,189.
3 years ago, their investment would have grown to ₹1,150.
5 years ago, their investment would have increased to approximately ₹1,113.
Axis Bank Peer Comparison
Axis Bank Ltd, with a current market price of ₹1126.1 and a P/E ratio of 13.02, boasts a market cap of ₹348,106.4 Cr. It achieved an 18.86% one-year return, outperforming Kotak Mahindra Bank and IndusInd Bank, which had returns of -3.33% and -2.42% respectively, demonstrating Axis Bank’s stronger market performance.
| Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | 1Yr return % | Vol 1d | 1mth return % | From 52w high | Down % | 6mth return % |
| HDFC Bank | 1601.2 | 17.9 | 1220166 | -3.03 | 22785443 | -2.85 | 0.89 | 10.75 | 14.12 |
| ICICI Bank | 1166.85 | 18.12 | 821194.8 | 19.6 | 13802980 | -5.4 | 0.93 | 7.23 | 17.95 |
| Kotak Mah. Bank | 1770.55 | 18.88 | 351986.6 | -3.33 | 4088129 | -4.43 | 0.92 | 8.09 | 2.36 |
| Axis Bank | 1126.1 | 13.02 | 348106.4 | 18.86 | 8630993 | -12.51 | 0.84 | 15.94 | 8.71 |
| IndusInd Bank | 1381 | 11.98 | 107522.6 | -2.42 | 2498429 | -3.71 | 0.81 | 18.5 | -6.52 |
| IDBI Bank | 91.77 | 15.67 | 98612.18 | 40.64 | 22836342 | 8.19 | 0.85 | 15.01 | -0.52 |
| Yes Bank | 23.25 | 50.09 | 72855.42 | 37.57 | 209074279 | -12.73 | 0.71 | 29.22 | -22.5 |
Axis Bank Shareholding Pattern
Axis Bank Ltd’s shareholding includes Life Insurance Corporation of India as a promoter with 244,860,645 shares (8.3%), Dodge and Cox International Stock Fund as an FII with 68,557,850 shares (2.3%), and HDFC through its mutual fund schemes as a DII with 118,947,000 shares (4.0%).
| Category | Shares | Shares % | |
| Life Insurance Corporation Of India | Promoter | 244860645 | 0.083 |
| Dodge And Cox International Stock Fund | Fii | 68557850 | 0.023 |
| Hdfc – Through Its Various Mutual Fund Schemes | Dii | 118947000 | 0.04 |
Axis Bank History
Axis Bank Limited is a prominent India-based company engaged in banking and financial services. The bank operates through several key segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. Each segment caters to specific financial needs and services.
The Treasury segment manages investments in sovereign and corporate debt, equity, and mutual funds. It also handles trading operations, derivative trading, and foreign exchange operations for both proprietary accounts and customers. This division plays a crucial role in managing the bank’s liquidity and investment portfolio.
The Retail Banking segment offers a wide array of services to individual customers. These include liability products, card services, internet and mobile banking, ATM services, depository services, financial advisory, and NRI services. The Corporate/Wholesale Banking segment focuses on larger corporate relationships, providing advisory services, placements, syndication, project appraisals, capital market-related services, and cash management solutions.
How To Invest In Axis Bank Ltd Share?
To invest in Axis Bank Ltd shares, begin by opening a demat account with Alice Blue. Complete the necessary KYC process and fund your account with the desired investment amount.
Research the company’s fundamentals, financial performance and market trends before making an investment decision. Use the trading platform provided by the broker to place a buy order for Axis Bank shares at your preferred price.
Monitor your investment regularly and stay informed about company news and market developments. Consider setting up a systematic investment plan (SIP) for long-term investing in the stock if it aligns with your financial goals.
Axis Bank Limited Fundamental Analysis – FAQs
Fundamental analysis of Axis Bank examines key financial metrics: Market Cap (₹350,378.5 crore), PE Ratio (13.28), and Return on Equity (18.34%). These indicators provide insights into the bank’s financial health, market valuation, and profitability. The debt-to-equity ratio is not provided, which is an important consideration for banking stocks.
The market capitalization of Axis Bank Ltd is ₹350,378.5 crore. This figure represents the total value of the bank’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares outstanding.
Axis Bank Limited is one of India’s leading private-sector banks. It offers a comprehensive range of financial services including retail banking, corporate banking, investment banking, and treasury operations. The bank serves various customer segments through its extensive network of branches and digital platforms.
Axis Bank is a public limited company and doesn’t have a single owner. It was originally promoted by UTI, LIC, GIC, and its associate companies. Currently, it has a diverse shareholder base including institutional investors, retail investors, and promoter entities. The bank is professionally managed by its board of directors.
The main shareholders of Axis Bank typically include institutional investors (both domestic and foreign), mutual funds, insurance companies, and retail investors. Promoter entities also hold a significant stake. For the most current and accurate information, refer to the latest shareholding pattern disclosed by the bank.
Axis Bank operates in the banking and financial services industry. It is classified as a private sector bank in India, offering a wide range of banking services including retail banking, corporate banking, investment banking, and treasury operations. The bank plays a crucial role in India’s financial ecosystem.
To invest in Axis Bank shares, open a demat account with Alice Blue. Complete the KYC process and fund your account. Research the company thoroughly, then use the trading platform to place a buy order for the desired number of shares at your preferred price.
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