āagman

Not investment advice. Data and computed figures, for information only.

Axis Bank Ltd

NSE: AXISBANKF&O
₹1,288.00
+₹23.40 (+1.85%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹3,92,055 Cr
CMP
₹1,288.00
52-wk High / Low
₹1,418 / 1,150
P/E
14.1
P/B
1.8
Book Value
₹712.0
Div Yield
0.08%
ROCE
6.2%
ROE
13.0%
Face Value
₹2
D/E
7.51

Price+9.1% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
1
/ 9
1 of 9 F-score tests passed
Graham Number
₹1,166
√(22.5 × EPS × book value per share)
Cash flow to profit
−0.33
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
12.9%
ROE × earnings retention ratio
ROE stability
2.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.28FII −3.99DII +1.19
Latest quarter vs the previous one
Cash-accrual divergence
2.0%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.0x)
+Price is within 10% of its 52-week high (-9.2%)
+Annualised volatility of 24.4% is in the low band (≤25%)
+PE of 14.1x is below the sector median of 20.4x
Watch-outs
−Latest ROCE of 6.2% trails the sector median of 9.4%
−Borrowings are up 146.4% since FY2016 (113848 to 280511)
−Promoter holding fell by 0.3pp over the last year
−Piotroski F-Score of 1/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales26,24627,41828,86530,23131,15931,60132,16232,45232,34832,31033,70934,17135,542
Expenses9,73110,05910,50611,12411,89212,41211,91311,94313,98314,30212,74314,81612,837
Operating Profit—————————————
OPM %—————————————
Other Income5,6485,7056,2727,6066,6377,6036,7977,5068,0537,4607,1896,9727,671
Interest13,97214,74915,94316,72717,26117,61518,04018,12118,23917,97118,78519,08020,215
Depreciation0000000000000
Profit before tax8,1928,3148,6889,9858,6439,1779,0079,8958,1807,4969,3717,24710,161
Net Profit6,1136,2306,5207,6306,4677,4366,7797,5096,2795,5677,0607,6427,670
EPS (₹)19.7820.1321.0524.6220.8323.9321.7824.1320.1317.8222.5824.4624.54

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales35,72741,40945,17546,61456,04463,71664,39768,84687,4481,12,7591,27,3741,32,5381,35,732
Expenses11,52113,86924,32729,71728,02035,97632,62131,21630,64440,03646,39553,95454,698
Operating Profit—————————————
OPM %—————————————
Other Income8,8389,95512,42211,86314,18916,34213,57717,26818,34925,23028,54329,67429,292
Interest21,34124,34426,78927,60433,88337,99634,62734,92343,38961,39171,03674,07576,051
Depreciation4204615275917378069761,04613,1431,3851,7631,8890
Profit before tax11,28312,6905,9545667,5925,2809,75018,92918,62135,17836,72232,29334,275
Net Profit7,4508,3583,9674645,0471,8797,25214,20710,91926,49228,19126,54827,939
EPS (₹)31.4235.0416.511.7819.596.5723.4945.9935.1685.4990.5884.8989.40

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital474477479513514564613614615617619622—
Reserves44,47553,08255,90163,69467,28885,7761,02,9811,17,6471,29,1661,56,4061,86,6162,14,414—
Other Liabilities15,65620,67827,64428,07134,24844,19446,85956,57662,59865,91378,1191,16,713—
Total Liabilities4,67,2435,46,3876,11,4627,03,7038,14,0469,27,87210,01,00511,95,52913,44,41815,18,23916,56,96319,46,050—
Fixed Assets2,4473,3583,5183,6973,8423,9124,5014,7535,0005,8606,6616,776—
CWIP105216292352288483118215142267121269—
Investments1,18,5271,31,3991,29,0181,53,0371,74,0561,55,2822,25,3362,74,6082,88,0953,32,3543,96,6854,46,422—
Other Assets3,46,1644,11,4144,78,6335,46,6186,35,8607,68,1967,71,0509,15,95210,51,18111,79,75812,53,49614,92,583—
Total Assets4,67,2435,46,3876,11,4627,03,7038,14,0469,27,87210,01,00511,95,52913,44,41815,18,23916,56,96319,46,050—
Deposits3,22,2443,58,3024,14,9834,55,6585,50,7466,42,1576,98,3038,20,9149,45,82510,67,10211,70,92113,33,791—
Borrowing84,3941,13,8481,12,4551,55,7671,61,2501,55,1801,52,2491,99,7782,06,2142,28,2002,20,6872,80,511—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14,464−15,162−34,49532,209−38,39037,12530,41612,63328,13722,075−5,55544,384−8,637
Cash from Investing Activity−14,166−7,9729,211−12,458−10,007−18,674−9,485−54,288−27,112−32,351−9,001−51,178−45,068
Cash from Financing Activity7,78531,04522,495−2,48741,3425,6438,8657,27947,8946,64122,341−7,00060,358
Net Cash Flow8,0827,910−2,78917,263−7,05524,09429,795−34,37548,919−3,6367,785−13,7946,653

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %————————————6.2
ROE %18.018.017.07.01.08.02.08.013.09.018.016.013.0
EPS (₹)26.8631.4235.0416.511.7819.596.5723.4945.9935.1685.4990.5884.89
Book Value (₹)————————————712.0
Face Value (₹)————————————2
P/E————————————14.1
Div Yield %————————————0.08
NPM %—16.716.36.90.87.22.39.316.510.319.218.116.4
OPM %—————————————
D/E—9.058.829.369.5210.509.238.218.638.888.257.437.51
P/B————————————1.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+12.0%
5 years+16.0%
3 years+15.0%
TTM+6.0%
Compounded profit growth
10 years+12.0%
5 years+30.0%
3 years+35.0%
TTM+0.0%
Stock price CAGR
10 years+9.0%
5 years+10.0%
3 years+7.0%
Last year+7.0%
Return on equity
10 years11.0%
5 years14.0%
3 years16.0%
Last year13.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters30.13%30.13%30.13%27.60%18.70%16.00%13.58%9.70%8.16%8.22%8.18%8.14%7.86%
FIIs50.54%50.54%50.54%49.90%49.62%45.49%51.43%46.93%49.05%53.84%43.94%42.04%38.05%
DIIs8.84%8.84%8.84%13.41%21.24%24.94%23.27%30.50%32.01%30.12%40.87%43.35%44.54%
Government—————————————
Public10.49%10.49%10.49%9.09%10.44%13.56%11.72%12.87%10.79%7.81%6.99%6.44%9.53%
No. of shareholders4,48,2874,48,2874,48,2873,53,0883,36,0235,58,9896,20,6188,13,5308,46,2617,86,1669,35,4538,54,8448,58,696
Change since Jun 2023 (pp)
Promoters −22.27FIIs −12.49DIIs +35.70Public −0.96

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSUpdatesAnnouncement under Regulation 30 (LODR)-Change in ManagementShareholder Meeting / Postal Ballot-Notice of Postal Ballot
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingApr 2026TranscriptApr 2026PPTJan 2026TranscriptJan 2026PPTOct 2025TranscriptOct 2025PPTJul 2025TranscriptJul 2025PPTJul 2025Recording

Corporate actions

As of 10 Jul 2026
10 Jul 2026DIVIDENDDividend - Re 1 Per Share—
4 Jul 2025DIVIDENDDividend - Re 1 Per Sh—
12 Jul 2024DIVIDENDDividend - Re 1 Per Share—
7 Jul 2023DIVIDENDDividend - Re 1 Per Share—
7 Jul 2022DIVIDENDDividend - Rs 1 Per Share—
4 Jul 2019DIVIDEND Annual General Meeting/ Dividend - Re 1 Per Share—
6 Jul 2017DIVIDEND Annual General Meeting/Dividend - Rs 5/- Per Share—
7 Jul 2016DIVIDEND Annual General Meeting/ Dividend-Rs 5/- Per Share—
9 Jul 2015DIVIDENDAnnual General Meeting/Dividend Rs 4.60/- Per Share—
28 Jul 2014SPLITFace Value Split From Rs 10/- To Rs 2/- Per Share10 : 2
12 Jun 2014DIVIDENDAnnual General Meeting / Dividend Rs.20/- Per Equity Share—
5 Jul 2013DIVIDENDAnnual General Meeting / Dividend Rs.18/- Per Equity Share—
14 Jun 2012DIVIDENDAnnual General Meeting And Dividend Rs.16/- Per Share—
8 Jun 2011DIVIDENDAnnual General Meeting And Dividend Rs.14/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman