Axis Bank Limited (IN:AXISBANK)
:AXISBANK
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Axis Bank Limited
(AXISBANK)
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Rating:76Outperform
Price Target:
₹1,576.00
â–²(31.54% Upside)
Action:ReiteratedDate:10/23/25
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
Sustained Revenue Growth
A near doubling of total revenue over three years indicates durable expansion of the bank's core lending and fee businesses. This scale growth supports diversified income streams, funds reinvestment, and underpins long-term capacity to absorb credit cycles and invest in distribution and technology.
Negative Factors
Negative EPS Trend
A negative EPS growth rate indicates per-share earnings have contracted despite headline revenue and profit gains. This may reflect share count shifts, higher provisions or non-operating items that can dampen per-share returns and limit distributable earnings over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
A near doubling of total revenue over three years indicates durable expansion of the bank's core lending and fee businesses. This scale growth supports diversified income streams, funds reinvestment, and underpins long-term capacity to absorb credit cycles and invest in distribution and technology.
Read all positive factors
Axis Bank Limited (AXISBANK) vs. iShares MSCI India ETF (INDA)
Market Cap
₹3.72T
Dividend Yield0.08%
Average Volume (3M)196.82K
Price to Earnings (P/E)14.0
Beta (1Y)1.24
Revenue Growth6.08%
EPS Growth-7.26%
CountryIN
Employees104,633
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)20.90
Shares Outstanding3,107,918,700
10 Day Avg. Volume312,501
30 Day Avg. Volume196,816
Financial Highlights & Ratios
PEG Ratio2.01
Price to Book (P/B)1.79
Price to Sales (P/S)2.15
P/FCF Ratio8.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,462.25Price Target Upside22.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)100.48
Revenue Forecast (FY)₹956.93B
Axis Bank Limited Business Overview & Revenue Model
Company Description
Axis Bank Limited provides financial services in India and internationally. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment is involved in investments in so...
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 l...
Axis Bank Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.59T | 1.56T | 1.38T | 1.06T | 861.20B | 779.83B |
| Gross Profit | 649.29B | 848.91B | 766.03B | 624.16B | 511.98B | 433.56B |
| EBITDA | 345.77B | 384.89B | 365.66B | 317.67B | 199.78B | 107.29B |
| Net Income | 259.89B | 280.55B | 263.86B | 108.18B | 141.19B | 71.95B |
Balance Sheet | ||||||
| Total Assets | 17.30T | 16.57T | 15.18T | 13.44T | 11.96T | 10.01T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 1.03T | 1.38T | 1.39T | 1.54T | 1.10T |
| Total Debt | 2.41T | 2.21T | 2.28T | 1.98T | 1.82T | 1.34T |
| Total Liabilities | 15.30T | 14.69T | 13.61T | 12.14T | 10.77T | 8.97T |
| Stockholders Equity | 2.00T | 1.87T | 1.57T | 1.30T | 1.18T | 1.04T |
Cash Flow | ||||||
| Free Cash Flow | -472.34B | 419.38B | -79.40B | 206.85B | 267.28B | 116.94B |
| Operating Cash Flow | -461.74B | 443.84B | -55.55B | 220.75B | 281.37B | 126.33B |
| Investing Cash Flow | -205.86B | -512.15B | -90.88B | -326.94B | -272.32B | -541.95B |
| Financing Cash Flow | 509.89B | -70.00B | 223.41B | 66.41B | 1.71T | 72.79B |
Axis Bank Limited Technical Analysis
Negative
1198.15
Price Trends
1302.40
Negative
1281.49
Negative
1212.43
Negative
Market Momentum
-36.81
Positive
41.24
Neutral
32.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AXISBANK, the sentiment is Negative. The current price of 1198.15 is below the 20-day moving average (MA) of 1238.10, below the 50-day MA of 1302.40, and below the 200-day MA of 1212.43, indicating a bearish trend. The MACD of -36.81 indicates Positive momentum. The RSI at 41.24 is Neutral, neither overbought nor oversold. The STOCH value of 32.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AXISBANK.
Axis Bank Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ₹9.41T | 10.63 | ― | 1.64% | 8.90% | 11.93% | |
76 Outperform | ₹3.72T | 14.05 | ― | 0.08% | 6.08% | -7.26% | |
75 Outperform | ₹1.15T | 6.69 | ― | 2.66% | 8.89% | 19.79% | |
72 Outperform | ₹8.71T | 19.14 | ― | 0.81% | 14.32% | 11.36% | |
68 Neutral | ₹11.56T | 19.24 | ― | 1.10% | 1.30% | 3.86% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | ₹607.08B | 131.74 | ― | 1.95% | -7.44% | -109.30% |
* Financial Sector Average
IN:AXISBANK
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Axis Bank Limited Corporate Events
Axis Bank engages global investors at Daiwa Tokyo conference
Mar 3, 2026
Axis Bank Limited, a major private sector lender in India with extensive retail, corporate, and treasury operations, continues to position itself as an important player in the domestic financial services market and a regular point of focus for ins...
Axis Bank details participation in Kotak Chasing Growth 2026 investor meet
Feb 26, 2026
Axis Bank Limited notified the stock exchanges that it participated in an analyst and institutional investors meet held on February 26, 2026, under the event “Kotak Chasing Growth 2026” in Mumbai. The bank said details of the interacti...
Axis Bank Issues New Shares on ESOP, RSU Exercise
Feb 24, 2026
Axis Bank has allotted 263,239 new equity shares with a face value of ₹2 each following the exercise of employee stock options and restricted stock units under its ESOP and RSU schemes. This allotment marginally increases the bank’s pa...
Axis Bank to Meet Investors at Kotak Chasing Growth 2026 Conference
Feb 23, 2026
Axis Bank has notified the stock exchanges that its management will participate in the “Kotak Chasing Growth 2026” investor conference on February 26, 2026, in Mumbai. The meeting will be an in-person group interaction with analysts an...
Axis Bank denies plans to bid for stake in CreditAccess Grameen
Feb 22, 2026
Axis Bank has clarified that it has neither submitted nor plans to submit any bid for a stake in microfinance lender CreditAccess Grameen Limited, responding to market queries on the matter. The bank stated that there is no material event requirin...
Axis Bank courts global funds at Singapore investor conference
Feb 4, 2026
Axis Bank disclosed that it engaged with global buy-side institutions at the ICICI Securities Investor Conference in Singapore on 4 February 2026, sharing its latest presentation via its investor relations site and reinforcing transparency with ma...
Axis Bank Raises Paid-Up Capital Through ESOP, RSU Share Allotment
Feb 3, 2026
Axis Bank has allotted 438,206 equity shares with a face value of Rs. 2 each following the exercise of stock options and restricted stock units under its employee share schemes. As a result of this ESOP/RSU-related issuance, the bank’s paid-...
Axis Bank Posts Q3 FY26 Earnings Call Transcript Online for Investor Access
Feb 2, 2026
Axis Bank Limited has disclosed that the transcript of its earnings call, held on January 26, 2026 to discuss the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, has been made availa...
Axis Bank posts audio of Q3 FY26 earnings call for investors
Jan 26, 2026
Axis Bank Limited has announced that it has held an earnings call with analysts and investors on January 26, 2026, to discuss its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The ...
Axis Bank Plans Investor Meets in Singapore and Hong Kong
Jan 26, 2026
Axis Bank Limited has announced its upcoming schedule of in-person group meetings with select analysts and institutional investors, to be held in Singapore on January 29, 2026, and in Hong Kong on January 30, 2026. These interactions, supported by...
Axis Bank Posts Strong Q3 FY26 Growth, Deepens Digital and Inclusive Banking Push
Jan 26, 2026
Axis Bank reported robust unaudited results for the quarter and nine months ended 31 December 2025, with year-on-year growth of 15% in deposits and 14% in advances, a 9% quarter-on-quarter rise in core operating profit and a 28% jump in profit aft...
Axis Bank Posts Strong Q3 FY26 Growth, Doubles Down on Digital and Inclusive Banking
Jan 26, 2026
Axis Bank reported strong financial performance for the quarter and nine months ended 31 December 2025, with year-on-year growth of 15% in deposits and 14% in advances, aided by steady net interest income and healthy fee income. Deposits rose acro...
Axis Bank Posts Higher Q3 FY26 Profit with Stable Asset Quality and Strong Capital Ratios
Jan 26, 2026
Axis Bank reported unaudited standalone financial results for the quarter and nine months ended 31 December 2025, with total income for the quarter rising to ₹38,500.06 crore and net profit at ₹6,489.57 crore, up from ₹5,089.64 c...
Axis Bank Shareholders Approve Key Board Appointments via Postal Ballot
Jan 19, 2026
Axis Bank Limited has announced the results of a postal ballot conducted via remote e-voting, through which shareholders approved key changes to the bank’s board. The resolutions passed with the requisite majority include the appointment of ...
Axis Bank Schedules January 26 Earnings Call on Q3 FY26 Results
Jan 16, 2026
Axis Bank has announced that it will host an earnings call with analysts and investors on January 26, 2026, to discuss its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The schedul...
Axis Bank Allots 138,572 Equity Shares Under ESOP/RSU Scheme
Jan 6, 2026
Axis Bank Limited has allotted 138,572 equity shares of Rs. 2 each following the exercise of employee stock options and restricted stock units under its ESOP/RSU scheme. This allotment marginally increases the bank’s paid-up share capital fr...
Axis Bank posts double-digit growth in advances and deposits for Q3 FY26
Jan 5, 2026
Axis Bank reported steady balance-sheet expansion as of 31 December 2025, with gross advances rising 14.1% year-on-year to ₹11.71 trillion and total deposits increasing 15.0% year-on-year to ₹12.61 trillion, reflecting continued growth...
Axis Bank Issues 90,462 Equity Shares on ESOP, Marginally Raises Paid-Up Capital
Dec 30, 2025
Axis Bank has allotted 90,462 new equity shares of face value Rs. 2 each following the exercise of employee stock options and restricted stock units under its ESOP/RSU scheme. As a result, the bank’s paid-up share capital has marginally incr...
Axis Bank Seeks Shareholder Nod via Postal Ballot for Key Board Appointments
Dec 19, 2025
Axis Bank has initiated a postal ballot process to seek shareholder approval for key board changes, including the appointment of Neeraj Gambhir as a Director and Whole-time Director designated as Executive Director, with specified remuneration for...
Axis Bank Increases Equity Base with New Share Allotment
Dec 16, 2025
Axis Bank Limited has announced the allotment of 245,902 equity shares following the exercise of stock options under its ESOP/RSU scheme. This allotment has increased the bank’s paid-up share capital, reflecting a strategic move to enhance i...
Axis Bank Expands Share Capital with New Allotment
Dec 9, 2025
Axis Bank Limited has announced the allotment of 211,428 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 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.