Axis Bank Ltd
AXISBANKAxis Bank Ltd
AXISBANK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 14.39 | 2.44 | 0.08% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 18.56 | 2.58 | 0.76% |
Forecast & Ratings
Detailed Forecast from 42 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Axis Bank Limited (the Bank) provides a suite of corporate and retail banking products. The Bank's segments include Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business.
Peers
Compare with peersHDFC Bank Ltd
ICICI Bank Ltd
Kotak Mahindra Bank Ltd
Indusind Bank Ltd
Yes Bank Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 51,364.23 | 57,596.69 | 58,476.68 | 70,232.40 | 80,057.67 | 77,974.28 | 86,114.19 | 1,05,797.30 | 1,37,989.36 | 1,43,891.04 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,08,261.32 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 4,019.34 | 4,742.10 | 5,414.44 | 5,989.87 | 5,819.96 | 6,768.95 | 8,414.06 | 9,664.96 | 12,193.68 | |||||||||||
| Selling & Administrative Expenses | 2,379.26 | 3,010.38 | 3,236.52 | 3,581.34 | 3,830.11 | 4,195.69 | 5,038.24 | 5,628.18 | 6,569.01 | |||||||||||
| Operating & Other expenses | 31,814.26 | 43,363.73 | 48,669.25 | 52,331.96 | 64,321.48 | 56,283.73 | 52,686.84 | 58,737.33 | 82,660.21 | |||||||||||
EBITDA | 13,151.37 | 6,480.48 | 1,156.47 | 8,329.23 | 6,086.12 | 10,725.91 | 19,975.05 | 31,766.83 | 36,566.46 | 35,629.72 | ||||||||||
| Depreciation/Amortization | 461.39 | 526.67 | 590.58 | 737.17 | 806.07 | 975.83 | 1,045.59 | 13,145.65 | 1,388.46 | — | ||||||||||
| PBIT | 12,689.98 | 5,953.81 | 565.89 | 7,592.06 | 5,280.05 | 9,750.08 | 18,929.46 | 18,621.18 | 35,178.00 | 35,629.72 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 12,689.98 | 5,953.81 | 565.89 | 7,592.06 | 5,280.05 | 9,750.08 | 18,929.46 | 18,621.18 | 35,178.00 | 35,629.72 | ||||||||||
| Taxes & Other Items | 4,340.30 | 2,000.78 | 110.07 | 2,553.46 | 3,426.93 | 2,554.58 | 4,810.17 | 7,802.73 | 8,791.80 | 8,970.11 | ||||||||||
| Net Income | 8,349.68 | 3,953.03 | 455.82 | 5,038.60 | 1,853.12 | 7,195.50 | 14,119.29 | 10,818.45 | 26,386.20 | 26,659.61 | ||||||||||
| EPS | 35.13 | 16.55 | 1.84 | 19.61 | 6.87 | 24.45 | 46.04 | 35.20 | 85.62 | 86.37 | ||||||||||
| DPS | 5.00 | 5.00 | 0.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||
| Payout ratio | 0.14 | 0.30 | 0.00 | 0.05 | 0.00 | 0.00 | 0.02 | 0.03 | 0.01 | 0.01 |
Company Updates
Peers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Axis Bank Ltd | 14.54 | 2.44 | 0.08% |
| HDFC Bank Ltd | 20.18 | 2.75 | 1.15% |
| ICICI Bank Ltd | 20.51 | 3.36 | 0.77% |
| Kotak Mahindra Bank Ltd | 20.08 | 2.81 | 0.11% |
Price Comparison
Compare AXISBANK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 2.87%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Axis Bank Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3472% | Percentage of the fund’s portfolio invested in the stock 8.34% | Change in the portfolio weight of the stock over the last 3 months 0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/55 (0) |
Parag Parikh Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7058% | Percentage of the fund’s portfolio invested in the stock 3.54% | Change in the portfolio weight of the stock over the last 3 months -0.63% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/96 (-1) |
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6896% | Percentage of the fund’s portfolio invested in the stock 4.09% | Change in the portfolio weight of the stock over the last 3 months -0.67% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/82 (-2) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 12, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Jul 12, 2024
Cash Dividend
Ex DateEx DateJul 7, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Jul 7, 2023
Cash Dividend
Ex DateEx DateJul 7, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Jul 7, 2022
Cash Dividend
Ex DateEx DateJul 4, 2019
Dividend/Share
₹1.00
Ex DateEx Date
Jul 4, 2019
Cash Dividend
Ex DateEx DateJul 6, 2017
Dividend/Share
₹5.00
Ex DateEx Date
Jul 6, 2017
Axis Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 1248.35, up 1.32% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.23% on the day, quoting at 25476.3. The Sensex is at 83297.27, up 0.26%. Axis Bank Ltd has added around 8.25% in last one month. Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has added around 5.08% in last one month and is currently quoting at 52188.65, up 1.42% on the day. The volume in the stock stood at 35.27 lakh shares today, compared to the daily average of 69.43 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1248.35, up 1.14% on the day. Axis Bank Ltd is up 21.52% in last one year as compared to a 28.01% gain in NIFTY and a 16.62% gain in the Nifty Bank index.The PE of the stock is 15.17 based on TTM earnings ending June 24.Powered by Capital Market - Live
Axis Bank has today allotted 3,92,500 Fully Paid, Senior, Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debenture (Series - 8) of face value Rs. 1,00,000/- each (Debentures) at par aggregating to Rs. 3,925 crore at a coupon rate of 7.45% p.a. payable annually, on a private placement basis. Powered by Capital Market - Live
Axis Bank has allotted 1,05,633 equity shares under ESOP on 04 September 2024. The paid up share capital of the Bank has accordingly increased from Rs. 6,18,44,87,484 (3,09,22,43,742 equity shares of Rs. 2/- each) to Rs. 618,46,98,750 (309,23,49,375 equity shares of Rs. 2/- each).Powered by Capital Market - Live
Axis Bank proposes to raise funds by issuing Fully paid, Senior, Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debentures (Series - 8) - Base issue of Rs. 2,000 crore and green shoe option to retain oversubscription of Rs. 2,000 crore thereby aggregating Rs. 4,000 crore, on a private placement basis.Powered by Capital Market - Live
Axis Bank has allotted 1,23,160 equity shares of Rs. 2/- each of the Bank on August 22, 2024 pursuant to exercise of stock options / units under its ESOP / RSU Scheme. The paid-up share capital of the Bank has accordingly increased from Rs. 618,36,31,528(309,18,15,764 equity shares of Rs. 2/- each) to Rs. 6,18,38,77,848 (309,19,38,924 equity shares of Rs. 2/- each).Powered by Capital Market - Live
Axis Bank has allotted 2,17,345 equity shares of Rs. 2/-each of the Bank on 14 August 2024 pursuant to exercise of stock options / units under its ESOP / RSU Scheme. The paid-up share capital of the Bank has accordingly increased from Rs. 618,31,96,838 (309,15,98,419 equity shares of Rs. 2/- each) to Rs. 618,36,31,528 (309,18,15,764 equity shares of Rs. 2/- each).Powered by Capital Market - Live
Axis Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 1166.65, up 0.2% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 24255.45. The Sensex is at 79293.48, down 0.45%. Axis Bank Ltd has slipped around 10.77% in last one month. Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has slipped around 4.41% in last one month and is currently quoting at 50577.95, down 0.86% on the day. The volume in the stock stood at 34.57 lakh shares today, compared to the daily average of 117.31 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 1166.3, up 0.04% on the day. Axis Bank Ltd is up 24.12% in last one year as compared to a 24.81% jump in NIFTY and a 13.73% jump in the Nifty Bank index.The PE of the stock is 14.34 based on TTM earnings ending June 24.Powered by Capital Market - Live
Axis Bank has allotted 4,77,972 equity shares of Rs. 2/-each of the Bank on August 7, 2024 pursuant to exercise of stock options / units under its ESOP / RSU Scheme. The paid-up share capital of the Bank has accordingly increased from Rs. 6,18,22,40,894 (3,09,11,20,447 equity shares of Rs. 2/- each) to Rs. 6,18,31,96,838 (3,09,15,98,419 equity shares of Rs. 2/- each). Powered by Capital Market - Live
Axis Bank Stocks Live Updates: Axis Bank Closes at Rs 1133.5 with Below-Average Trading Volume - The Economic Times
Axis Bank Share Price Today Live Updates: Axis Bank Sees 1.02% Decline in Current Price, 3-Month Returns at 1.03% - The Economic Times
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 14.46%, vs industry avg of 17.21%
Decreasing Market Share
Over the last 5 years, market share decreased from 13.62% to 11.96%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 39.26%, vs industry avg of 31.67%