Axis Bank Ltd

NSE: AXISBANK BSE: 532215Banking

Incorporated in December 1993, Axis Bank Limited is a private sector bank.It has the third-largest network of branches among private sector banks and an international presence through branches in DIFC (Dubai) and Singapore along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai and an offshore banking unit in GIFT City.[1]

₹1,236

52W: ₹1041 — ₹1418

PE 15.7 · Book ₹657 · +88% vs book

Market Cap₹3,84,175 Cr

Stock P/E15.7Price to Earnings

ROCE6.07%Return on Capital

ROE12.7%Return on Equity

Div. Yield0.08%Face Value ₹2

Strengths

+Company has delivered good profit growth of 30.0% CAGR over last 5 years
+Company's working capital requirements have reduced from 82.1 days to 37.0 days

Weaknesses

−Company has low interest coverage ratio.
−Promoter holding is low: 8.14%
−Contingent liabilities of Rs.29,52,579 Cr.
−Company might be capitalizing the interest cost
−Earnings include an other income of Rs.26,131 Cr.

Shareholding Pattern

Promoters8.14%

FIIs42.04%

DIIs43.35%

Public6.44%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	8.31%	8.29%▼0.0	8.23%▼0.1	8.18%▼0.1	8.17%▼0.0	8.16%▼0.0	8.15%▼0.0	8.14%▼0.0
FIIs	53.43%	51.78%▼1.6	47.32%▼4.5	43.94%▼3.4	43.81%▼0.1	41.89%▼1.9	42.58%▲0.7	42.04%▼0.5
DIIs	31.63%	33.21%▲1.6	37.48%▲4.3	40.87%▲3.4	41.22%▲0.4	42.87%▲1.6	42.65%▼0.2	43.35%▲0.7
Public	6.63%	6.71%▲0.1	6.97%▲0.3	6.99%▲0.0	6.8%▼0.2	7.06%▲0.3	6.61%▼0.4	6.44%▼0.2

Financial Statements

Metric	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	0	0	0	0	0	0	0	0	0	0
Expenses	9,974	10,504	11,165	11,697	11,200	11,197	13,250	13,504	11,882	13,989
Operating Profit	0	0	0	0	0	0	0	0	0	0
OPM %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	6,071	7,130	6,035	6,918	6,304	7,118	5,806	5,090	6,490	7,071
EPS ₹	19.69	23.1	19.53	22.36	20.37	22.98	18.72	16.4	20.9	22.75

AI Insights

Revenue Trend

Mar 2026 revenue at ₹0Cr, up 0% YoY. OPM at 0%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 43.35% (+13.44pp change). FIIs: 42.04% (-9.96pp change). Promoters hold 8.14%.

Margin & Efficiency

ROCE improving from 0% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.

Valuation

PE 15.7x with 6.07% ROCE. Price is 88% above book value of ₹657. Dividend yield: 0.08%.