Axis Bank

Axis Bank Ltd.

NSE: AXISBANK BSE: 532215 SECTOR: Bank - Private  188k   1k   431

773.85
+21.65 (2.88%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 777

Today's Low

₹ 738.1

52 Week High

₹ 866.9

52 Week Low

₹ 616

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

₹ 237403.64 Cr.

CASA %

44.92

No. of Shares

306.78 Cr.

P/E

20.49

P/B

2.14

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  360.99

Net Interest Income

₹ 29239.12 Cr.

Cost To Income %

41.69

Promoter Holding

9.71 %

EPS (TTM)

₹  37.76

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 33 Indices.

BANKNIFTY

NIFTY BANK
37982.1
  275.349999999999 (0.730240606787902%)

NIFTYALPHA

ALPHA
32965.8
  -643.949999999997 (-1.91596188605984%)

NIFTYSERVICE

NIFTY SERV SECTOR
24015.85
  -256.400000000001 (-1.05635035894901%)

NIFTY100WEIGHT

NIFTY 100 EQUAL WEIGHT
20033.95
  -240.5 (-1.18622206767631%)

NIFTYEQWGT

NIFTY50 EQUAL WEIGHT
19222.3
  -146.350000000002 (-0.755602481329376%)

NIFTYPTBNK

NIFTY PRIVATE BANK
19132.9
  96.8500000000022 (0.508771515099005%)

NIFTYFINANCE

NIFTY FINANCE
17763.15
  -26.6499999999978 (-0.149804944406329%)

NIFTY100

NIFTY 100
17302.35
  -186.800000000003 (-1.06809078771697%)

NIFTY

NIFTY 50
17110.15
  -167.799999999999 (-0.971180030038277%)

NFTALLO30

NIFTY ALPHA LOW-VOLATILTY 30
16303.95
  -430.049999999999 (-2.569917533166%)

NIFTY500

NIFTY 500
14679.7
  -152.5 (-1.02816844433058%)

NIFTYLGEMID250

NIFTY LARGE MIDCAP 250
9535.1
  -105.6 (-1.09535614633792%)

NIFTY200

NIFTY 200
9031.25
  -97.2999999999993 (-1.06588669613464%)

LIQ15

NIFTY100 LIQ 15
4459.8
  -3.14999999999964 (-0.0705811178704607%)

NT100ALP30

NIFTY 100 ALPHA 30
12714.69
  -295.959999999999 (-2.27475183791739%)

NIFTYHIGHBETA

HIGH BETA
2146.45
  -50.8500000000004 (-2.3142037955673%)

SENSEX

S&P Bse Sensex
57276.94
  -581.209999999999 (-1.00454300733778%)

BANKEX

S&P Bse Bankex
43584.4
  419.989999999998 (0.973000673471502%)

BSE500

S&P Bse 500
23326.65
  -241.5 (-1.02468797932803%)

SNSX50

S&P BSE SENSEX50
17933.43
  -173.919999999998 (-0.960493943067309%)

BSE100

S&P Bse 100
17370.09
  -172.59 (-0.983829152672222%)

BSEPVTBANK

BSE PVT BANK
14196.86
  66 (0.467062868077384%)

FIN

S&P BSE Finance
8256.41
  5.93000000000029 (0.0718746060835329%)

BSE200

S&P Bse 200
7392.99
  -78.7399999999998 (-1.05383893689949%)

LMI250

S&P BSE 250 LargeMidCap
7003.64
  -75.6999999999998 (-1.06930872086946%)

ALLCAP

S&P Bse Allcap
6711.96
  -66.7699999999995 (-0.984992764131332%)

LRGCAP

S&P BSE LargeCap
6599.26
  -64.9499999999998 (-0.974609143469363%)

BSE100LARGECAPTMC

S&P BSE 100 LargeCap TMC
6282.54
  -68.1199999999999 (-1.07264441806049%)

BHRT22

S&P BSE Bharat 22 Index
4084.35
  8.01999999999998 (0.196745602048898%)

CARBONEX

S&P Bse Carbonex
2814.3
  -24.9399999999996 (-0.878404079965045%)

ESG100

S&P BSE 100 ESG Index
286.86
  -2.49000000000001 (-0.86054950751685%)

SHA500

S&P Bse 500 Shariah
7150.35
  29.0600000000004 (0.408072132998383%)

S&P LARGEMIDCAP

S&P BSE Large MidCap
7025.98
  59.7699999999995 (0.857998825760342%)

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 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

0.08

Advances Growth %

9.15187622264125

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2021 9.71 0
Sep 2021 11.64 0
Jun 2021 11.69 0
Mar 2021 13.58 0
Dec 2020 13.93 0
Investors List
* 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 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
Interest Earned 15425.64 15545.16 16003.46 16336.01 17261.12
Other Income 2928.96 4668.3 3588.17 3798.38 3840.36
Interest Expended 8052.88 7990.18 8243.19 8435.71 8608.59
Operating Expenses 5053.29 5358.63 4932.4 5770.51 6331.36
Total Provisions 3757.2 3294.98 3532.01 1735.09 1334.83
Profit Before Tax 1491.23 3569.67 2884.03 4193.08 4826.7
Tax 374.63 892.61 723.88 1059.76 1212.46
Net Profit 1116.6 2677.06 2160.15 3133.32 3614.24
Net NPA % 0.74 1.05 1.2 1.08 0.91
Gross NPA % 3.44 3.7 3.85 3.53 3.17
Return on Assets % 0.48 1.11 0.86 1.19 1.3
NPM % 7.24 17.22 13.5 19.18 20.94

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 Dec 2020% Mar 2021% Jun 2021% Sep 2021% Dec 2021%
Promoters 13.93 13.58 11.69 11.64 9.71
life insurance cor... 8.49 8.20 8.19 8.19 8.16
lic of india money... - - - - -
administrator of t... 4.33 - 3.45 - -
general insurance ... 1.06 1.03 1.03 0.99 -
administrator of t... - 1.56 - 1.56 1.55
the new india assu... 0.69 0.69 0.69 0.69 -
the oriental insur... 0.17 0.17 0.17 0.17 -
united india insur... 0.03 0.03 0.03 0.03 -
national insurance... 0.02 0.02 0.02 0.02 -
PARTICULARS Dec 2020% Mar 2021% Jun 2021% Sep 2021% Dec 2021%
Investors 86.07 86.42 88.31 88.36 90.29
icici prudential r... - - - - 4.21
sbi nifty index fu... - - - - 3.84
sbi equity savings... - - - - -
sbi arbitrage oppo... - - - 3.68 -
oakmark internatio... 2.04 1.34 1.22 1.11 1.05
dodge and cox inte... 2.98 2.78 2.78 2.77 2.77
sbi magnum equity ... 3.31 - - - -
sbi long term adva... - 3.23 - - -
icici prudential n... - - - 3.19 -
qualified institut... 2.90 3.13 3.01 - -
sbi long term adva... - - 3.10 - -
europacific growth... 1.90 1.19 1.90 1.19 -
icici prudential n... 2.69 - - - -
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
reliance capital t... - - - - -
bc asia investment... 1.86 - - - -
hdfc trustee co. l... 2.18 - 1.91 - -
reliance capital t... 2.02 - - - -
icici prudential l... 1.22 1.13 1.19 1.10 1.07
nippon life india ... - - - - 1.92
kotak equity hybrid - - - - -
hdfc trustee compa... - - - 1.83 -
kotak india growth... 1.58 - 1.48 1.41 -
mirae asset equity... - - - - 1.78
bnp paribas arbitr... 1.75 - - - 1.06
franklin india equ... 1.68 - 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... - - - - 1.59
government of sing... 1.20 1.04 - 1.20 -
bc asia investment... 1.34 - - - -
government pension... 1.52 1.47 1.38 1.40 1.54
fidelity investmen... 1.46 - - - -
nippon life india ... - 1.46 - - -
nps trust- a/c sbi... - - - - -
bc asia investment... - 1.34 1.34 1.34 1.33
mirae asset tax sa... 1.12 1.45 - - -
nippon life india ... - - 1.42 - -
abu dhabi investme... - 1.18 - 1.13 -
mirae asset large ... - - 1.35 - -
kotak esg opportun... - 1.33 - - -
integral investmen... - 1.07 1.07 1.07 1.06
franklin india deb... - 1.11 - - -
uti nifty index fu... - 1.14 - - 1.26
vanguard total int... 1.25 - - - -
aditya birla sun l... - - - - -
integral investmen... 1.06 - - - -
uti - nifty exchan... - - - 1.21 -
uti long term adva... - - - - -
abu dhabi investme... - - 1.17 - -
uti - sensex excha... 1.17 - - - -
bnp paribas arbitr... - 1.05 - 1.17 -
nps trust- a/c uti... - - - - 1.13
vanguard emerging ... - 1.07 1.04 1.04 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

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 strengthens partnership with Paisabazaar.com31 Dec 2021, 9:07AM Axis Bank inks MoU with Maharashtra Forest Department23 Dec 2021, 12:58PM Oriental Insurance Company categorised as public shareholder in Axis Bank22 Dec 2021, 11:10AM Axis Bank emerges as highest bidder for Citibank’s consumer banking business22 Dec 2021, 10:50AM Axis Bank informs about disclosure21 Dec 2021, 10:43AM Axis Bank to raise Rs 5000 crore through NCDs 20 Dec 2021, 2:16PM Axis Bank informs about analyst meet10 Dec 2021, 12:43PM Axis Bank inks MoU with Kolkata Police9 Dec 2021, 10:22AM Axis Bank informs about loss of share certificates2 Dec 2021, 4:49PM Fitch Ratings affirms Axis Bank's Long-Term IDR at 'BB+'30 Nov 2021, 4:16PM Axis Bank informs about credit rating30 Nov 2021, 3:06PM Axis Bank informs about analyst meet30 Nov 2021, 9:53AM Axis Bank informs about analyst meet26 Nov 2021, 10:35AM Axis Bank informs about allotment of equity shares under ESOP23 Nov 2021, 1:35PM Axis Bank informs about analyst meet19 Nov 2021, 10:03AM Axis Bank informs about analyst meet18 Nov 2021, 12:27PM Axis Bank enters into partnership with GuarantCo 17 Nov 2021, 3:10PM Axis Bank informs about analyst meet12 Nov 2021, 4:17PM Axis Bank informs about schedule of analyst meet10 Nov 2021, 10:00AM Axis Bank reports 84% rise in Q2 consolidated net profit27 Oct 2021, 11:07AM Axis Bank informs about earnings call21 Oct 2021, 2:04PM Axis Bank offering waiver of 12 EMIs on select home loans products20 Oct 2021, 2:32PM Axis Bank informs about allotment of ESOP19 Oct 2021, 10:11AM Axis Bank informs about certificate8 Oct 2021, 3:50PM Axis Bank, NIIT IFBI launch program on virtual sales and relationship management29 Sep 2021, 4:14PM UBS Principal Capital Asia sells Axis Bank’s shares worth Rs 255 crore25 Sep 2021, 11:47AM Axis Bank commits Rs 30,000 crore till FY26 towards sustainable lending22 Sep 2021, 3:31PM 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 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 2.1373 . The historical average PB was 2.10503712863995.

Brief about Axis Bank

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