Axis Bank Limited (AXISBANK) AI Stock Analysis

• Market Cap: ₹3.81T
• Dividend Yield: 0.08%
• Average Volume (3M): 196.82K
• Price to Earnings (P/E): 14.6
• Beta (1Y): 1.26
• Revenue Growth: 6.08%
• EPS Growth: -7.26%
• Country: IN
• Employees: 104,633
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 16.40
• Shares Outstanding: 3,103,194,600
• 10 Day Avg. Volume: 312,501
• 30 Day Avg. Volume: 196,816
• PEG Ratio: 2.01
• Price to Book (P/B): 1.79
• Price to Sales (P/S): 2.15
• P/FCF Ratio: 8.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,374.38
• Price Target Upside: 7.79% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ₹1,249.00 ▼(-2.04% Downside)

Axis Bank's strong financial performance and solid technical indicators are the primary drivers of its stock score. The bank's robust revenue growth and profitability improvements are complemented by bullish technical momentum. However, the valuation is tempered by a low dividend yield, and the stock's technical indicators suggest caution due to potential overbought conditions.

Positive Factors

Revenue Growth

Axis Bank's significant revenue growth indicates a strong market position and effective business strategies, supporting long-term expansion.

Balance Sheet Health

Improved leverage management enhances financial stability, providing Axis Bank with greater flexibility to invest in growth opportunities.

Cash Generation

Strong cash generation capabilities indicate robust operational efficiency, enabling Axis Bank to sustain growth and manage financial obligations.

Negative Factors

EPS Decline

A decline in EPS growth suggests challenges in profit generation, which could impact investor confidence and long-term profitability.

Gross Profit Margin Decline

A declining gross profit margin may indicate rising costs or pricing pressures, potentially affecting future profitability and competitive positioning.

Dividend Yield

A low dividend yield may deter income-focused investors, impacting the attractiveness of Axis Bank's stock for those seeking regular income.

Axis Bank Limited Business Overview & Revenue Model

Company Description

Axis Bank Limited (AXISBANK) is a leading private sector bank in India, offering a wide range of financial services and products to individuals, businesses, and corporations. Established in 1994, the bank operates through a network of branches and ATMs across the country and provides services in various segments such as retail banking, corporate banking, investment banking, and treasury operations. Core offerings include savings and current accounts, loans, credit cards, insurance, and wealth management solutions, catering to diverse customer needs.

How the Company Makes Money

Axis Bank generates revenue primarily through interest income, fees, and commissions. The bank earns a significant portion of its income from the interest charged on loans provided to customers, including personal loans, home loans, and business loans. Additionally, service fees and commissions from various banking services, such as credit and debit cards, fund transfers, and investment products, contribute to its revenue. The bank also engages in treasury operations, where it invests in government and corporate securities, generating interest income. Strategic partnerships with fintech companies and other industries enhance product offerings, expanding the customer base and driving additional revenue streams.

Axis Bank Limited Financial Statement Overview

Summary

Axis Bank exhibits strong financial growth, with significant improvements in revenue and profitability. The balance sheet is solid, reflecting effective leverage management, though there is room for optimizing equity utilization. The cash flow position is robust, supporting the bank's operational needs and growth initiatives. Overall, Axis Bank is well-positioned within the regional banking industry, with a positive outlook for continued financial strength and growth.

Income Statement

Axis Bank has demonstrated strong revenue growth with Total Revenue increasing from 861B in 2022 to 1.56T in 2025, representing a substantial growth trajectory. The Net Profit Margin improved from 16.4% in 2022 to 18% in 2025, indicating enhanced profitability. Gross Profit Margin increased from 59.4% in 2022 to 54.4% in 2025, showing efficiency in cost management. The EBIT Margin also improved, supporting the overall profitability enhancement. These metrics reflect a solid financial performance and growth potential.

Balance Sheet

Axis Bank's balance sheet reveals a robust equity base with an increase in Stockholders' Equity from 1.18T in 2022 to 1.87T in 2025. The Debt-to-Equity Ratio slightly decreased from 1.91 in 2022 to 1.18 in 2025, indicating improved leverage management. The Return on Equity (ROE) has remained strong, highlighting efficient use of equity to generate profits. However, the Equity Ratio showed moderate improvement, suggesting stable financial health with potential for further optimization.

Cash Flow

The cash flow analysis shows a positive trajectory with Free Cash Flow growing from 267B in 2022 to 453B in 2025, reflecting strong cash generation capabilities. Operating Cash Flow to Net Income Ratio remained stable, indicating consistent cash conversion efficiency. However, the Free Cash Flow to Net Income Ratio showed a slight fluctuation, highlighting the need for careful cash management to sustain growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.59T	1.56T	1.38T	1.06T	861.20B	779.83B
Gross Profit	865.18B	848.81B	766.03B	624.16B	511.98B	433.56B
EBITDA	362.59B	384.89B	365.66B	317.67B	199.78B	107.29B
Net Income	278.62B	280.55B	263.86B	108.18B	141.19B	71.95B
Balance Sheet
Total Assets	16.53T	16.57T	15.18T	13.44T	11.96T	10.01T
Cash, Cash Equivalents and Short-Term Investments	1.02T	1.03T	1.38T	1.39T	1.54T	1.10T
Total Debt	2.20T	2.21T	2.28T	1.98T	1.82T	1.34T
Total Liabilities	14.59T	14.69T	13.61T	12.14T	10.77T	8.97T
Stockholders Equity	1.94T	1.87T	1.57T	1.30T	1.18T	1.04T
Cash Flow
Free Cash Flow	0.00	419.38B	-79.40B	206.85B	267.28B	116.94B
Operating Cash Flow	0.00	443.84B	-55.55B	220.75B	281.37B	126.33B
Investing Cash Flow	0.00	-512.15B	-90.88B	-326.94B	-272.32B	-541.95B
Financing Cash Flow	0.00	-70.00B	223.41B	66.41B	1.71T	72.79B

Axis Bank Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1275.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AXISBANK, the sentiment is Positive. The current price of 1275 is above the 20-day moving average (MA) of 1267.35, above the 50-day MA of 1229.98, and above the 200-day MA of 1148.86, indicating a bullish trend. The MACD of 14.41 indicates Positive momentum. The RSI at 58.06 is Neutral, neither overbought nor oversold. The STOCH value of 45.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AXISBANK.

Axis Bank Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HDFCBANK	79 Outperform	₹15.15T	20.84	―	1.10%	1.30%	3.86%
AXISBANK	76 Outperform	₹3.81T	14.62	―	0.08%	6.08%	-7.26%
SBIN	76 Outperform	₹8.83T	10.75	―	1.66%	8.90%	11.93%
CANBK	75 Outperform	₹1.35T	7.03	―	2.74%	8.89%	19.79%
ICICIBANK	71 Outperform	₹9.55T	17.80	―	0.80%	14.32%	11.36%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
INDUSINDBK	62 Neutral	₹615.08B	-80.67	―	1.96%	-7.44%	-109.30%

Axis Bank Limited Corporate Events

Axis Bank Appoints Neeraj Gambhir as Executive Director

Axis Bank Limited has announced that the Reserve Bank of India (RBI) has approved the appointment of Neeraj Gambhir as an Executive Director of the bank. This appointment, effective from October 20, 2025, is set for a period of three years and is expected to strengthen the bank’s leadership team, potentially impacting its strategic direction and operations positively.

Axis Bank Releases Earnings Call Recording for September 2025

Axis Bank Limited has announced the availability of the audio recording of its earnings call for the quarter and half year ended September 30, 2025. This call, conducted with analysts and investors, discussed the bank’s unaudited financial results, reflecting its ongoing commitment to transparency and communication with stakeholders.

Axis Bank Increases Share Capital Through ESOP Allotment

Axis Bank Limited has announced the allotment of 90,970 equity shares following the exercise of stock options under its Employee Stock Option Plan (ESOP) and Restricted Stock Units (RSU) Scheme. This allotment has resulted in an increase in the bank’s paid-up share capital, reflecting its ongoing commitment to employee incentives and shareholder value enhancement.

Axis Bank Engages with Key Investors in Virtual Meet

Axis Bank Limited conducted an analyst and institutional investors meet on September 18, 2025, as part of its regulatory obligations. The event, held virtually in Mumbai, included participation from various prominent investment firms, highlighting the bank’s engagement with key financial stakeholders.

Axis Bank Increases Share Capital with New Equity Allotment

Axis Bank Limited has announced the allotment of 47,774 equity shares following the exercise of stock options under its ESOP/RSU scheme. This allotment has resulted in an increase in the bank’s paid-up share capital, reflecting its ongoing commitment to employee incentivization and shareholder value enhancement.

Axis Bank Expands Equity Base with New Share Allotment

Axis Bank Limited has announced the allotment of 108,502 equity shares following the exercise of stock options under its ESOP/RSU Scheme. This allotment has resulted in an increase in the bank’s paid-up share capital, reflecting a strategic move to enhance its equity base and potentially strengthen its market position.

Axis Bank Announces Retirement of Deputy Managing Director Rajiv Anand

Rajiv Anand, the Deputy Managing Director of Axis Bank, has retired from his position as of August 3, 2025. The bank’s board and management have expressed their appreciation for his contributions and wish him well in his future endeavors, marking a significant leadership change within the organization.

Axis Bank Increases Share Capital Through ESOP Allotment

Axis Bank Limited has announced the allotment of 323,974 equity shares following the exercise of stock options under its ESOP/RSU Scheme. This allotment has resulted in an increase in the bank’s paid-up share capital, reflecting the bank’s ongoing efforts to enhance shareholder value and employee engagement through stock-based incentives.