Axis Bank Limited
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.
Business Segments
Revenue Mix Q3 FY26[6]
Treasury: ~15%
Corporate/Wholesale Banking: ~22%
Retail Banking: ~61%
Other Banking Business: ~2%
Market Leadership:
– 3rd largest private sector bank in India
– 4th largest issuer of credit cards
– 5% market share in deposits, 5.5% market share in advances.
Shareholding Pattern (June 2026)
Financial Summary
| Particular | Mar-22 | Mar-23 | Mar-24 | Mar-25 | Mar-26 |
| Revenue – | 68,846 | 87,448 | 1,12,759 | 1,27,374 | 1,32,538 |
| Sales Growth % | 6.91% | 27.02% | 28.94% | 12.96% | 4.05% |
| Interest | 34,923 | 43,389 | 61,391 | 71,036 | 74,075 |
| Expenses | 31,216 | 30,644 | 40,036 | 46,395 | 53,954 |
| Financing Profit | 2,707 | 13,416 | 11,333 | 9,943 | 4,509 |
| Financing Margin % | 4% | 15% | 10% | 8% | 3% |
| Other Income | 17,268 | 18,349 | 25,230 | 28,543 | 29,674 |
| Net Profit | 14,207 | 10,919 | 26,492 | 28,191 | 26,548 |
| EPS in Rs | 45.99 | 35.16 | 85.49 | 90.58 | 84.89 |
| Dividend Payout % | 2% | 3% | 1% | 1% | 1% |
Synopsis of Financials
- NII: ₹14,646 cr (+8% YoY, +1.3% QoQ)
- Fees: ₹6,156 cr (+7% YoY); granular fee 90% of total
- Operating profit: ₹11,659 cr
- Core operating profit: ₹11,122 cr (+10% YoY, +4.8% QoQ)
- PAT: ₹7,114 cr (+23% YoY, +1% QoQ)
Final Outlook
Axis Bank has delivered consistent business growth over the last few years, supported by healthy growth in advances, deposits, and improving profitability. The bank continues to strengthen its retail and corporate banking franchise while maintaining strong asset quality through disciplined risk management. Stable growth in Net Interest Income, healthy capital adequacy, and continued investments in digital banking provide a solid foundation for long-term growth. However, pressure on Net Interest Margins (NIMs), rising competition in the banking sector, and changes in interest rates may impact earnings in the near term. Overall, Axis Bank remains a fundamentally strong private sector bank with stable financial performance and promising long-term growth prospects.
Recent Performance (Q1 FY27 – Easy View):
- Net Interest Income (NII) increased to ₹14,646 Cr, up 8% YoY.
- Core Operating Profit grew 10% YoY to ₹11,122 Cr.
- Net Profit (PAT) rose 23% YoY to ₹7,114 Cr.
- Advances grew 19% YoY, while deposits increased 18% YoY, reflecting strong business momentum.
- Gross NPA improved to 1.40% and Net NPA remained low at 0.42%, indicating healthy asset quality.
- Capital Adequacy Ratio stood at 16.55%, supporting future credit growth.
Axis Bank remains a fundamentally strong private sector bank with a diversified loan portfolio, improving asset quality, healthy capital position, and consistent earnings growth. The bank is well-positioned to benefit from India’s growing credit demand, expanding digital banking ecosystem, and improving operating efficiency. While the long-term outlook remains positive, moderation in Net Interest Margins (NIMs), increasing competition, and a higher cost of funds may limit earnings growth in the near term.
