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 2026-10-05, Axis Bank reported a 23% year-on-year increase in gross advances to ₹13.85 lakh crore, with deposits up 21% to ₹14.52 lakh crore. CASA deposits grew 10.6%, and ₹1 lakh crore was mobilised via FCNR(B) deposits. On 2026-09-25, the company faced pressure from IRDAI reforms, which reduced insurance fee income for banks and NBFCs, impacting profitability.

Financial performance

Axis Bank's annual net profit fell 5.8% to ₹26,548 crore, while its latest quarter net profit rose 22.2% to ₹7,670 crore. The company's net profit margin remains stable at 20.0%, but return on capital employed is low at 5.5%, suggesting inefficiency in using capital. Profit growth over the past three years has been strong, with a 34.5% CAGR, but the annual net profit decline indicates pressure on profitability.

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

Axis Bank's stock is 11.2% below its 52-week high, and the annual net profit fell 5.8%, indicating a slowdown in profitability. The return on capital employed is low at 5.5%, suggesting the company is not efficiently using its capital. The recent pressure from IRDAI reforms could further impact insurance fee income and profitability.

Where it stands

Axis Bank's latest quarter net profit rose 22.2% to ₹7,670 crore, while annual net profit fell 5.8% to ₹26,548 crore. The company's gross advances rose 23% YoY, but return on capital employed remains low at 5.5%. The stock is 11.2% below its 52-week high, and recent regulatory changes may affect insurance fee income.

Summarised by DocStoX's model on 2026-10-10 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.