Axis Bank

Axis Bank Ltd.

NSE: AXISBANK BSE: 532215 SECTOR: Bank - Private  228k   2k   606

643.95
+7.15 (1.12%)
NSE: 01 Jul 03:59 PM

Price Summary

Today's High

₹ 646.6

Today's Low

₹ 631.8

52 Week High

₹ 866.9

52 Week Low

₹ 618.25

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.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 197784.87 Cr.

CASA %

44.92

No. of Shares

307.14 Cr.

P/E

15.18

P/B

1.72

Face Value

₹ 2

Div. Yield

0.16 %

Book Value (TTM)

₹  374.5

Net Interest Income

₹ 29239.12 Cr.

Cost To Income %

48.83

Promoter Holding

9.7 %

EPS (TTM)

₹  42.41

CAR %

15.4

ROE

7.06 %

ROCE

6.86%

Profit Growth

304.89 %

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* 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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Index Presence

The company is present in 34 Indices.

BANKNIFTY

Nifty Bank
33539.45
  114.349999999999 (0.342108176190936%)

NIFTYSERVICE

Nifty Services Sector
21384.65
  141.600000000002 (0.666570949086887%)

NIFTY100WEIGHT

Nifty100 Equal Weight
18378.65
  161.350000000002 (0.885696563157001%)

NIFTYEQWGT

NIFTY50 Equal Weight
17771.4
  102.450000000001 (0.579830719991858%)

NIFTYPTBNK

Nifty Private Bank
16834.05
  113.099999999999 (0.67639697505224%)

NIFTY100

Nifty 100
15925.95
  -3.44999999999891 (-0.0216580662171784%)

NIFTY

Nifty 50
15752.05
  -28.2000000000007 (-0.178704393149665%)

NIFTYFINANCE

Nifty Financial Services
15620.75
  146.35 (0.945755570490614%)

NTYFIN2550

Nifty Financial Services 25/50
15400.7
  190.25 (1.25078482227678%)

NIFTY500

Nifty 500
13394.45
  6.90000000000146 (0.0515404237519279%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
8720.15
  14.1999999999989 (0.16310684072387%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
8665.7
  11.1000000000004 (0.128255494188068%)

NIFTY200

Nifty 200
8294.9
  4.10000000000036 (0.0494524050755007%)

NIFTYTOTALMCAP

Nifty Total Market index
7450.9
  4 (0.0537136258040194%)

LIQ15

Nifty100 Liquid 15
3925.2
  -39.0500000000002 (-0.985053919404688%)

NIFTY100ESG

NIFTY100 ESG
3106.55
  28.8500000000004 (0.93738830945187%)

NIFTY100ESGSECT

Nifty100 ESG Sector Leaders
2641.9
  5.45000000000027 (0.206717366155251%)

NIFTYHIGHBETA

Nifty High Beta 50
1691.64
  -8.4699999999998 (-0.498203057449209%)

SENSEX

S&P Bse Sensex
52907.93
  -111.010000000002 (-0.209378007180083%)

BANKEX

S&P Bse Bankex
38626.25
  150.309999999998 (0.390659721373932%)

BSE500

S&P Bse 500
21340.25
  15.7099999999991 (0.0736709912616984%)

SNSX50

S&P Bse Sensex50
16535.45
  -18.6499999999978 (-0.112660911798268%)

BSE100

S&P Bse 100
16014.96
  0.829999999999927 (0.00518292283127053%)

BSEPVTBANK

S&P Bse Private Bank
12574.93
  69.7299999999996 (0.557608035057422%)

FIN

S&P Bse Finance
7230.82
  72.3400000000001 (1.01054972564008%)

BSE200

S&P Bse 200
6815.97
  3.86000000000058 (0.05666379433098%)

LMI250

S&P Bse 250 LargeMidCap
6445.21
  3.6899999999996 (0.0572846160533436%)

ALLCAP

S&P Bse Allcap
6128.02
  4.59000000000015 (0.0749579892315388%)

LRGCAP

S&P Bse LargeCap
6089.74
  -1.68000000000029 (-0.0275797761441599%)

BSE100LARGECAPTMC

S&P Bse 100 LargeCap TMC
5795.78
  -1.26000000000022 (-0.0217352303934493%)

BHRT22

S&P Bse Bharat 22 Index
3900.39
  -13.4300000000003 (-0.343143016285885%)

CARBONEX

S&P Bse Carbonex
2605.17
  1.67000000000007 (0.064144420971779%)

ESG100

S&P Bse 100 ESG Index
263.73
  -0.979999999999961 (-0.370216463299444%)

S&P LARGEMIDCAP

S&P Bse Large MidCap
6407.79
  4.68000000000029 (0.0730894830793138%)

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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

ROE%

1 Year12.03%
3 Year7.08%
5 Year5.78%

ROA%

1 Year1.2%
3 Year0.7%
5 Year0.55%

Net NPA%

1 Year0.73%
3 Year1.11%
5 Year1.76%

 NIM

1 Year3.03%
3 Year3.11%
5 Year3.04%

CAR %

15.4

Cost of Liabilities %

4.04693123394707

PEG Ratio

0.06

Advances Growth %

15.1850007534

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 9.7 0
Dec 2021 9.71 0
Sep 2021 11.64 0
Jun 2021 11.69 0
Mar 2021 13.58 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has been consistently maintaining a NIM of 3.10739160230649% 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 0.695801918721877%
  • Company has a low ROE of 7.07850301781912% over the last 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Interest Earned 15494.46 16003.46 16336.01 17261.12 17776.24
Other Income 3540.66 3588.17 3798.38 3840.36 4223.34
Interest Expended 7939.48 8243.19 8435.71 8608.59 8957.12
Operating Expenses 5358.63 4932.4 5770.51 6331.36 6576.48
Total Provisions 2167.34 3532.01 1735.09 1334.83 987.23
Profit Before Tax 3569.67 2884.03 4193.08 4826.7 5478.75
Tax 892.61 723.88 1059.76 1212.46 1360.98
Net Profit 2677.06 2160.15 3133.32 3614.24 4117.77
Net NPA % 1.05 1.2 1.08 0.91 0.73
Gross NPA % 3.7 3.85 3.53 3.17 2.82
Return on Assets % 1.11 0.86 1.19 1.3 1.46
NPM % 17.28 13.5 19.18 20.94 23.16

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Interest Earned 45780.31 54985.77 62635.16 63346.23 67376.83
Other Income 10967.09 13130.34 15536.56 12263.6 15220.55
Interest Expended 27162.58 33277.6 37428.95 34107.11 34244.61
Operating Expenses 13990.34 15833.41 17304.62 18375.15 23610.75
Total Provisions 15472.91 12031.02 18533.91 14321.72 7359.45
Profit Before Tax 121.57 6974.09 4904.23 8805.85 17382.56
Taxes -154.11 2297.48 3277.01 2217.35 4357.08
Net Profit 275.68 4676.61 1627.22 6588.5 13025.48
Adjusted EPS (Rs.) 1.07 18.19 5.77 21.5 42.43

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 513.31 514.33 564.34 612.75 613.95
Total Reserves 62931.95 66161.97 84383.51 100990.26 114411.51
Deposits 453622.72 548471.34 640104.94 697985.29 821720.91
Borrowings 148016.14 152775.78 147954.13 142873.16 185133.86
Other Liabilities 26245.45 33073.12 42157.9 44336.17 53149.28
Total Liabilities 691329.58 800996.53 915164.82 986797.63 1175178.11
Assets
Balance with RBI 35481.06 35099.03 84959.24 51808.56 94034.51
Balance with Banks 7973.83 32105.6 12309.04 9921.26 16952.62
Investments 153876.08 174969.28 156734.32 226119.62 275597.2
Advances 439650.3 494797.97 571424.16 614399.4 707695.95
Net Block 3625.59 3763.94 3838.59 4135.32 4363.22
Other Assets 50376.62 59988.01 85425.16 80303.76 76325.48
Total Assets 691329.58 800996.53 915164.82 986797.63 1175178.11
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 13.58 11.69 11.64 9.71 9.70
life insurance cor... 8.20 8.19 8.19 8.16 8.15
lic of india money... - - - - -
administrator of t... - 3.45 - - -
general insurance ... 1.03 1.03 0.99 - -
administrator of t... 1.56 - 1.56 1.55 1.55
the new india assu... 0.69 0.69 0.69 - -
the oriental insur... 0.17 0.17 0.17 - -
united india insur... 0.03 0.03 0.03 - -
national insurance... 0.02 0.02 0.02 - -
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 86.42 88.31 88.36 90.29 90.30
icici prudential r... - - - 4.21 -
sbi arbitrage oppo... - - 3.68 - 4.00
sbi nifty index fu... - - - 3.84 -
icici prudential s... - - - - 3.81
sbi equity savings... - - - - -
oakmark internatio... 1.34 1.22 1.11 1.05 -
dodge and cox inte... 2.78 2.78 2.77 2.77 3.06
sbi magnum equity ... - - - - -
sbi long term adva... 3.23 - - - -
icici prudential n... - - 3.19 - -
qualified institut... 3.13 3.01 - - -
sbi long term adva... - 3.10 - - -
europacific growth... 1.19 1.90 1.19 - -
icici prudential n... - - - - -
icici prudential g... - - - - -
icici prudential c... - 2.64 - - -
icici prudential s... - - - - -
hdfc trustee compa... - - - - -
bc asia investment... 1.86 1.86 1.86 1.85 1.85
reliance capital t... - - - - -
bc asia investment... - - - - -
hdfc trustee co. l... - 1.91 - - -
nippon life india ... - - - - 2.03
reliance capital t... - - - - -
icici prudential l... 1.13 1.19 1.10 1.07 1.03
nippon life india ... - - - 1.92 -
government of sing... - - - 1.59 1.91
kotak equity hybrid - - - - 1.80
hdfc trustee compa... - - 1.83 - -
kotak india growth... - 1.48 1.41 - -
mirae asset equity... - - - 1.78 -
bnp paribas arbitr... - - - 1.06 -
government pension... 1.47 1.38 1.40 1.54 1.69
mirae asset tax sa... 1.45 - - - 1.69
franklin india equ... - 1.27 - - -
kotak equity savin... - - - 1.66 -
mirae asset midcap... - - 1.66 - -
franklin india tax... - - 1.06 - -
nippon life india ... - - 1.47 - -
government of sing... 1.04 - 1.20 - -
bc asia investment... - - - - -
fidelity investmen... - - - - -
nippon life india ... 1.46 - - - -
nps trust- a/c sbi... - - - - -
bc asia investment... 1.34 1.34 1.34 1.33 1.33
nippon life india ... - 1.42 - - -
abu dhabi investme... 1.18 - 1.13 - -
mirae asset large ... - 1.35 - - -
uti equity savings... - - - - 1.33
kotak esg opportun... 1.33 - - - -
integral investmen... 1.07 1.07 1.07 1.06 1.06
franklin india deb... 1.11 - - - -
uti nifty index fu... 1.14 - - 1.26 -
vanguard total int... - - - - -
aditya birla sun l... - - - - -
integral investmen... - - - - -
uti - nifty exchan... - - 1.21 - -
uti long term adva... - - - - -
abu dhabi investme... - 1.17 - - -
uti - sensex excha... - - - - -
bnp paribas arbitr... 1.05 - 1.17 - -
nps trust - a/c hd... - - - - 1.16
nps trust- a/c uti... - - - 1.13 -
vanguard emerging ... 1.07 1.04 1.04 1.05 1.05
uti - hybrid equit... - 1.11 - - -
nps trust - a/c li... 1.08 - 1.09 - -
nps trust- a/c lic... - 1.03 - - -
iepf 0.03 0.03 0.03 0.03 0.03

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Axis Bank, Airtel Payments Bank enter into partnership30 Jun 2022, 12:42PM Axis Bank, EazyDiner launch Dining Delights29 Jun 2022, 4:20PM Axis Bank informs about re-appointment of deputy managing director 25 Jun 2022, 11:32AM Axis Bank informs about analyst meet22 Jun 2022, 12:32PM Axis Bank informs about dividend updates22 Jun 2022, 12:00PM Fitch Ratings revises Axis Bank’s IDR outlook to ‘stable’16 Jun 2022, 11:18AM Axis Bank informs about analyst meet10 Jun 2022, 9:44AM Axis Bank, Indian Oil launch co-branded RuPay Contactless credit card 7 Jun 2022, 4:58PM Axis Bank informs about analyst meet7 Jun 2022, 9:24AM Axis Bank, Max Life Insurance complete twelve years of bancassurance partnership1 Jun 2022, 10:19AM Axis Bank eyeing to capture one-fifth of credit card market in medium term30 May 2022, 5:50PM AXIS BANK informs about investor meet outcome14 May 2022, 11:28AM Axis Bank launches co-branded credit card in partnership with SpiceJet12 May 2022, 3:41PM Axis Bank gets nod for fund raising of Rs 35,000 crore via debt instruments30 Apr 2022, 11:30AM Axis Bank reports 50% rise in Q4 consolidated net profit29 Apr 2022, 10:37AM Axis Bank informs about audio recording of earnings call29 Apr 2022, 9:40AM Axis Bank - Quaterly Results28 Apr 2022, 4:51PM Axis Bank - Quaterly Results28 Apr 2022, 4:51PM Axis Bank - Quaterly Results28 Apr 2022, 4:51PM Axis Bank committed to addressing financial needs of SMEs14 Apr 2022, 10:58AM RBI imposes penalty of Rs 93 lakh on Axis Bank 9 Apr 2022, 10:00AM Axis Bank signs partial guarantee facility agreement with ADB8 Apr 2022, 10:19AM Axis Bank gets nod to acquire Citibank’s consumer businesses in India31 Mar 2022, 9:24AM Axis Bank to acquire Citigroup's retail banking business in India30 Mar 2022, 2:08PM SEBI imposes fine of Rs 5 lakh on Axis Bank25 Mar 2022, 10:29AM Axis Bank invests Rs 10 crore in Open Network for Digital Commerce23 Mar 2022, 3:26PM Flipkart & Axis Bank’s credit card surpasses 2 million users17 Mar 2022, 11:59AM Axis Bank informs about investors meet17 Mar 2022, 11:14AM Axis Bank bags ‘IFR Asia's Asian Bank of the Year’ award15 Mar 2022, 10:31AM Axis Bank introduces 'HouseWorkIsWork' initiative8 Mar 2022, 11:08AM Axis Bank, Airtel ink partnership to bolster India’s digital ecosystem7 Mar 2022, 4:58PM Axis Bank commits $150 million loan to healthcare sector4 Mar 2022, 12:38PM Axis Bank informs about outcome of analyst meet25 Feb 2022, 9:39AM Axis Bank informs about analyst meet24 Feb 2022, 9:16AM Axis Bank informs about allotment of equity shares under ESOP23 Feb 2022, 9:52AM Axis Bank informs about analyst meet16 Feb 2022, 12:03PM Axis Bank informs about analyst meet16 Feb 2022, 10:00AM Axis Bank partners with Hero Electric4 Feb 2022, 9:40AM S&P upgrades Axis Bank’s outlook to 'positive'27 Jan 2022, 10:36AM Axis Bank reports around 3-fold jump in Q3 consolidated net profit25 Jan 2022, 10:34AM Axis Bank - Quaterly Results24 Jan 2022, 4:32PM Axis Bank informs about credit rating22 Jan 2022, 3:55PM Axis Bank informs about loss of share certificates15 Jan 2022, 12:21PM Axis Bank, CRMNEXT bag IBSi's Innovation Awards 202114 Jan 2022, 11:05AM Axis Bank informs about compliance certificate12 Jan 2022, 12:51PM Axis Bank partners with MinkasuPay 12 Jan 2022, 11:16AM Axis Bank executes maiden domestic trade transaction on GOI backed blockchain platform 11 Jan 2022, 4:25PM Axis Bank informs about allotment of equity shares under ESOP11 Jan 2022, 12:21PM Axis Bank concludes structured derivative transactions with leading corporates4 Jan 2022, 12:57PM Axis Bank informs about loss of share certificates31 Dec 2021, 12:30PM

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 1.7203 . The historical average PB was 2.10503712863995.

Brief about Axis Bank

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