Axis Bank Limited

Axis Bank Limited (AXISBANK) is a large-cap Financial Services company valued at ₹4.01 lakh crore operating in Private Sector Bank on the NSE and BSE.

Recent price move

Axis Bank Limited last traded at ₹1,290, modestly up 0.16% on the day.

Recent developments

On 2026-10-17, Axis Bank reported its Q2FY27 net profit rose 38% year-on-year to ₹7,003 crore, driven by lower provisions and strong loan growth. The company also noted higher core income and expanding lending, but its profit missed estimates due to higher costs.

Financial performance

The company's business is growing, with annual revenue rising 4.1% and the latest quarter's revenue up 17.9% compared to the same quarter a year earlier. However, annual net profit fell 5.8%, while the latest quarter's net profit surged 37.7%. The net profit margin narrowed 2.1 percentage points to 20.0%, and return on equity remained at 12.4%, while return on capital employed dropped to 5.5%.

Valuation multiples

The stock trades at 15.2 times earnings, a discount to the Financial Services median of 19.3, 1.77 times book value. It yields 0.1%.

Things to watch

The company's net profit margin has narrowed by 2.1 percentage points, and return on capital employed is low at 5.5%. The stock is 9.0% below its 52-week high, and while foreign institutional holdings fell slightly, domestic institutional holdings increased.

Where it stands

Axis Bank's latest quarter showed strong profit growth of 37.7%, but annual net profit fell 5.8%. The company's net profit margin narrowed, and return on capital employed is low. The stock is 9.0% below its 52-week high, and foreign institutional holdings decreased slightly.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.