Axis Bank Ltd.

NSE: AXISBANK BSE: 532215 SECTOR: Bank - Private

795.85
-11.5 (-1.42%)
NSE: 20 Sep 04:12 PM

Price Summary

Today's High

₹ 808.55

Today's Low

₹ 791.5

52 Week High

₹ 820.7

52 Week Low

₹ 400.15

FinStar

Ownership Very Stable
High level of belief in company’s potential exhibited by insiders.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

244040.08 Cr.

CASA %

44.92

No. of Shares

306.64 Cr.

P/E

31.96

P/B

2.35

Face Value

₹ 2

Div. Yield

0%

Book Value (TTM)

₹  338.8

Net Interest Income

29239.12 Cr.

Cost To Income %

41.69

Promoter Holding

11.69%

EPS (TTM)

₹  24.9

CAR %

15.4%

ROE

7.06 %

ROCE

6.86 %

Profit Growth

304.89 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Ratios

ROE%

1 Year7.06%
3 Year5.47%
5 Year4.72%

ROA%

1 Year0.69%
3 Year0.5%
5 Year0.44%

Net NPA%

1 Year1.05%
3 Year1.56%
5 Year2.04%

 NIM

1 Year3.21%
3 Year3.07%
5 Year3.08%

CAR %

15.4

Cost of Liabilities %

4.04693123394707

PEG Ratio

0.12

Advances Growth %

9.15187622264125

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 11.69 0
Mar 2021 13.58 0
Dec 2020 13.93 0
Sep 2020 14.78 0
Jun 2020 15.99 0
* Figures given above are % of equity capital

 Strengths

  • The company has been consistently maintaining a NIM of 3.06895531900742% since last 3 years.
  • CASA stands at 44.9237906529909% of total deposits.
  • Other Income is 23.3139058159071% of total income.
  • Good Capital Adequacy Ratio of 15.4%.
  • The company has delivered good Profit growth of 188.044615061334% over the past 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.501940223314225%
  • Company has a low ROE of 5.46597715757983% over the last 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Interest Earned 16445.47 16062.89 15498.35 15545.16 16003.46
Other Income 2586.68 3807.18 3776.04 4668.3 3588.17
Interest Expended 9460.16 8736.82 8125.59 7990.18 8243.19
Operating Expenses 3727.59 4235.64 5053.29 5358.63 4932.4
Total Provisions 4416.42 4580.65 4604.28 3294.98 3532.01
Profit Before Tax 1427.98 2316.96 1491.23 3569.67 2884.03
Tax 315.81 634.29 374.63 892.61 723.88
Net Profit 1112.17 1682.67 1116.6 2677.06 2160.15
Net NPA % 1.23 0.98 0.74 1.05 1.2
Gross NPA % 4.72 4.18 3.44 3.7 3.85
Return on Assets % 0.48 0.73 0.48 1.11 0.86
NPM % 6.76 10.48 7.2 17.22 13.5

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Interest Earned 44542.16 45780.31 54985.77 62635.16 63645.29
Other Income 11691.31 10967.09 13130.34 15536.56 14838.2
Interest Expended 26449.04 27162.58 33277.6 37428.95 34406.17
Operating Expenses 12199.91 13990.34 15833.41 17304.62 18375.15
Total Provisions 12116.96 15472.91 12031.02 18533.91 16896.33
Profit Before Tax 5467.56 121.57 6974.09 4904.23 8805.85
Taxes 1788.28 -154.11 2297.48 3277.01 2217.35
Net Profit 3679.28 275.68 4676.61 1627.22 6588.5
Adjusted EPS (Rs.) 15.36 1.07 18.19 5.77 21.5

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 479.01 513.31 514.33 564.34 612.75
Total Reserves 55283.53 62931.95 66161.97 84383.51 100990.26
Deposits 414378.79 453622.72 548471.34 640104.94 707306.08
Borrowings 105030.87 148016.14 152775.78 147954.13 142873.16
Other Liabilities 26295.47 26245.45 33073.12 42157.9 44336.17
Total Liabilities 601467.67 691329.58 800996.53 915164.82 996118.42
Assets
Balance with RBI 30857.94 35481.06 35099.03 84959.24 51808.56
Balance with Banks 19398.24 7973.83 32105.6 12309.04 9921.26
Investments 128793.37 153876.08 174969.28 156734.32 226119.62
Advances 373069.35 439650.3 494797.97 571424.16 623720.19
Net Block 3465.93 3625.59 3763.94 3838.59 4135.32
Other Assets 45601.87 50376.62 59988.01 85425.16 80303.76
Total Assets 601467.67 691329.58 800996.53 915164.82 996118.42
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 15.99 14.78 13.93 13.58 11.69
general insurance corpora... 1.15 1.06 1.06 1.03 1.03
life insurance corporatio... 9.19 8.49 0 8.19 8.2
national insurance compan... 0.02 0.02 0.02 0.02 0.02
the new india assurance c... 0.74 0.69 0.69 0.69 0.69
the oriental insurance co... 0.18 0.17 0.17 0.17 0.17
united india insurance co... 0.03 0.03 0.03 0.03 0.03
administrator of the spec... 4.68 4.33 3.45 3.45 0
lic of india money plus g... 0 0 8.51 0 0
administrator of the spec... 0 0 0 0 1.56
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 13.64 12.06 11.46 11.69 11.55
iepf 0.03 0.03 0.03 0.03 0.03
bc asia investments iii l... 0 1.34 1.34 0 0
bc asia investments vii l... 0 1.86 1.86 0 0
integral investments sout... 0 1.06 1.07 0 0
bc asia investments iii l... 1.44 0 0 1.34 1.34
bc asia investments vii l... 2.01 0 0 1.86 1.86
integral investments sout... 1.15 0 0 1.07 1.07
nps trust- a/c kotak pens... 0 0 0 0 0
nps trust- a/c sbi pensio... 1.45 0 0 0 0
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 70.37 73.16 74.55 74.7 76.76
dodge and cox internation... 2.76 2.98 2.78 2.78 2.78
europacific growth fund 2.09 1.9 1.9 1.9 1.19
government of singapore -... 1.39 0 0 0 0
hdfc trustee company limi... 2.3 0 0 0 0
oakmark international fun... 1.46 2.04 1.7 1.22 1.34
government of singapore 0 1.2 1.06 0 1.04
icici prudential sensex e... 2.52 0 0 0 0
sbi magnum equity esg fun... 0 3.31 0 0 0
vanguard total internatio... 1.24 1.25 1.1 0 0
abu dhabi investment auth... 0 0 0 0 1.18
kotak equity hybrid 1.86 0 1.65 0 0
sbi arbitrage opportuniti... 0 0 3.16 0 0
vanguard emerging markets... 1.02 0 0 1.04 1.07
franklin india debt hybri... 0 0 0 0 1.11
icici prudential life ins... 1.4 1.22 1.18 1.19 1.13
stichting depositary apg ... 0 0 0 0 0
icici prudential capital ... 0 0 0 2.64 0
qualified institutional b... 0 2.9 2.95 3.01 3.13
reliance capital trustee ... 2.23 0 0 0 0
aditya birla sun life tru... 0 0 0 0 0
fidelity investment trust... 1.48 1.46 1.12 0 0
franklin india equity adv... 0 1.68 1.52 1.27 0
hdfc trustee co. ltd a/c ... 0 0 0 0 0
icici prudential capital ... 0 0 0 0 0
kotak india growth fund s... 0 1.58 0 1.48 0
reliance capital trustee ... 0 0 0 0 0
sbi dual advantage fund -... 0 0 0 0 0
uti - focussed equity fun... 0 0 0 0 0
aditya birla sun life tru... 1.25 0 0 0 0
franklin india taxshield 1.62 0 0 0 0
government pension fund g... 1.09 1.52 1.21 1.38 1.47
sbi equity savings fund 3.76 0 0 0 0
uti long term advantage f... 1.18 0 0 0 0
bnp paribas arbitrage - o... 0 1.75 0 0 0
hdfc trustee co. ltd. a/c... 0 2.18 2.04 1.91 0
icici prudential nifty et... 0 2.69 0 0 0
mirae asset tax saver fun... 0 1.12 1.2 0 1.45
reliance capital trustee ... 0 2.02 0 0 0
uti - sensex exchange tra... 0 1.17 0 0 0
bnp paribas arbitrage 0 0 1.16 0 1.05
icici prudential growth f... 0 0 2.66 0 0
nippon life india trustee... 0 0 1.6 0 0
uti nifty index fund 0 0 1.14 0 1.14
abu dhabi investment auth... 0 0 0 1.17 0
mirae asset large cap fun... 0 0 0 1.35 0
nippon life india trustee... 0 0 0 1.42 0
nps trust- a/c lic pensio... 0 0 0 1.03 0
sbi long term advantage f... 0 0 0 3.1 0
uti - hybrid equity fund 0 0 0 1.11 0
kotak esg opportunities f... 0 0 0 0 1.33
nippon life india trustee... 0 0 0 0 1.46
nps trust - a/c lic pensi... 0 0 0 0 1.08
sbi long term advantage f... 0 0 0 0 3.23

Ratings & Research Reports

Company Presentations

Company News

Axis Bank informs about presentation18 Sep 2021, 10:16AM Axis Bank to reclassify Oriental Insurance Co as public category shareholder16 Sep 2021, 1:38PM Axis Bank informs about analyst meet16 Sep 2021, 9:32AM Axis Bank informs about schedule of analyst meet15 Sep 2021, 9:56AM Axis bank forms policies favourable to customers, employees from LGBTQIA community7 Sep 2021, 2:16PM Axis Bank informs about details of loss of certificate 2 Sep 2021, 1:57PM RBI imposes penalty of Rs 25 lakh on Axis Bank 2 Sep 2021, 11:41AM Axis Bank raises $600 million through ESG-compliant AT1 bonds sale overseas2 Sep 2021, 10:33AM Axis Bank informs about schedule of analyst meet31 Aug 2021, 10:07AM Axis Bank informs about allotment of equity shares under ESOP31 Aug 2021, 10:06AM Axis Bank begins issuing debt securities under Rs 35,000 crore-debt raise plan30 Aug 2021, 2:01PM Axis Bank informs about analyst meet30 Aug 2021, 9:51AM Axis Bank informs about disclosure23 Aug 2021, 1:55PM Axis Bank informs about resignation of CS cum CO18 Aug 2021, 9:23AM Axis Bank opens 11 branches in Karnataka12 Aug 2021, 10:02AM RBI imposes penalty of Rs 5 crore on Axis Bank29 Jul 2021, 11:10AM Axis Bank reports 2-fold jump in Q1 consolidated net profit27 Jul 2021, 11:43AM Axis Bank acquires 5.55% stake in IBBIC 27 Jul 2021, 10:32AM Axis Bank informs about disclosure27 Jul 2021, 10:00AM Axis Bank informs about allotment of equity shares under ESOP13 Jul 2021, 12:53PM Axis Bank, Mastercard, Mumbai Metro launch 'One Mumbai Metro Card'9 Jul 2021, 12:03PM Axis Bank, NIIT IFBI launch fintech professional programme9 Jul 2021, 10:48AM Axis Bank informs about allotment of equity shares under ESOP6 Jul 2021, 1:02PM Axis Bank inks multi-year deal with Amazon Web Services30 Jun 2021, 9:24AM Axis Bank informs about analyst meet3 Jun 2021, 12:48PM Axis Bank submits disclosure of related party transactions22 May 2021, 3:18PM Government raises about Rs 4,000 crore from sale of 1.95% stake in Axis Bank21 May 2021, 12:43PM Axis Bank informs about corrigendum to notice for proposed offer for sale 19 May 2021, 10:39AM AXIS Bank informs about investor meet outcome 8 May 2021, 11:21AM Axis Bank’s board approves reclassification of NIACL as 'public investor' 29 Apr 2021, 12:49PM Axis Bank reports consolidated net profit of Rs 2,941 crore in Q428 Apr 2021, 10:26AM Axis Bank informs about allotment of equity shares under ESOP27 Apr 2021, 10:02AM Axis Bank’s customers can send money abroad in 100 currencies via mobile app13 Apr 2021, 9:12AM Axis Bank informs about board meeting12 Apr 2021, 3:13PM Axis Bank, Jeep India join hands to launch financial services initiative for Jeep customers, dealers 12 Apr 2021, 12:00PM Jana Small Finance ties up with Axis Bank’s arm7 Apr 2021, 4:53PM Max Group sells 13% stake in Max Life Insurance Company to Axis Bank7 Apr 2021, 1:56PM Axis Bank to sell 100% stake in subsidiary company 1 Apr 2021, 10:48AM Axis Bank informs about acquisition 15 Mar 2021, 10:45AM Axis Bank enters into definitive agreements with Fettle Tone LLP15 Mar 2021, 9:06AM Axis Bank launches contactless wearable payment devices11 Mar 2021, 10:46AM National Insurance Company asks Axis Bank for reclassification as public shareholder5 Mar 2021, 1:29PM Axis Bank informs about analyst meet5 Mar 2021, 11:45AM Axis Bank inks pact with WhatsApp to offer basic banking services4 Mar 2021, 9:12AM Axis Bank’s board approves reclassification of UIICL as public shareholder1 Mar 2021, 12:34PM Axis Bank informs about updates25 Feb 2021, 10:52AM Axis Bank informs about analyst meet24 Feb 2021, 12:22PM Axis Bank informs about credit rating20 Feb 2021, 11:37AM ICRA reaffirms Axis Bank’s instruments rating 20 Feb 2021, 10:10AM Axis Bank’s arm opens regional office in Jaipur11 Feb 2021, 2:37PM

Axis Bank Stock Price Analysis and Quick Research Report. Is Axis Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how Axis Bank is performing and if it is the right time to buy the stock of Axis Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Axis Bank has earned Rs 63645.291 Cr. revenue in the latest financial year. It has posted decent revenue growth of 11.6080100687538 % in last 3 Years.

  • In terms of advances, the bank reported 9.15187622264125 % YOY,  rise . If you see 3 years advance growth, it stands at 12.364073266475 %.

  • Currently the company has a CASA ratio of 44.9237906529909 %. It’s overall cost of liability stands at 4.04693123394707 %. Also, the total deposits from these accounts stood at Rs 707306.0801 Cr.

  • The Bank has a average ROA track record. The ROA of Axis Bank is at 0.689432154637178 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 3.7 % and 1.05 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -8.83563637441169 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Axis Bank decreased and is currently at Rs 14838.2032 Cr.

  • The company has a Good Capital Adequacy Ratio of 15.4 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently Axis Bank is trading at a P/B of 2.352 . The historical average PB was 2.10503712863995.

Brief about Axis Bank

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