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Axis Bank Ltd. Fundamental Analysis Revenue, Profits & Valuation

NSE: AXISBANK | BSE: 532215 | BANKS
Price ₹1,319.40 ₹4.30 (-0.32%)
P/B Ratio 1.9 TTM
52-Week Range
Low ₹1,043 High ₹1,418
Market Cap ₹4.12T Trillion
ROE 12.2% Annual

Market data as of Jul 13, 2026

Axis Bank Ltd. (AXISBANK) is assessed here across three dimensions: financial statements, valuation metrics, and institutional ownership patterns.

Axis Bank Revenue Trend

Axis Bank Ltd. posted revenue of ₹1,62,211 Cr in FY2026, a 4.0% increase from ₹1,55,916 Cr the previous year.

The 10-year revenue CAGR stands at 12.2%, with the top line expanding from ₹51,364 Cr to ₹1,62,211 Cr over that span. By most benchmarks, that is an above-average run rate.

At ₹1,62,211 Cr in annual revenue, Axis Bank Ltd. ranks among the larger players in the banks sector.

On a year-on-year basis, Axis Bank Ltd. has delivered unbroken revenue growth across all 10 years on record.

Revenue Trend
YearRevenueYoY %
FY2026₹1,62,211 Cr+4.0%
FY2025₹1,55,916 Cr+13.0%
FY2024₹1,37,989 Cr+30.0%
FY2023₹1,06,154 Cr+23.3%
FY2022₹86,114 Cr

View Axis Bank Ltd.'s full 10-year revenue trend with CAGR analysis →

Is Axis Bank Undervalued

The P/B Ratio model puts Axis Bank Ltd.'s fair value at ₹1,476, which is 11.8% upside from where it trades today.

Axis Bank Ltd. shares are currently trading at ₹1,319.40.

Beyond P/B, Craytheon runs intrinsic value estimates using the P/E Ratio, EPS Growth, and DDM models. All assumptions are spelled out in the detailed analysis.

Valuation Models
ModelEst. Fair Valuevs. Current Price
P/B Ratio₹1,47611.8% upside to fair value
P/E RatioUpgradeUpgrade
EPS GrowthUpgradeUpgrade
DDMUpgradeUpgrade

See all valuation models for Axis Bank Ltd. with detailed assumptions →

Axis Bank Shareholding Pattern

The promoter stake has held steady at 8.1% for the past 4 quarters, with no movement over that period.

FIIs trimmed their holding to 42.0% as of March 2026, down from 43.8% a year earlier.

On the domestic side, DIIs lifted their stake to 43.4% as of March 2026, up from 41.2% a year earlier.

Shareholding Pattern (Last 4 Quarters)
QuarterPromoterFIIDIIPublic
Mar 20268.1%42.0%43.4%6.5%
Dec 20258.2%42.6%42.6%6.6%
Sep 20258.2%41.9%42.9%7.1%
Jun 20258.2%43.8%41.2%6.8%

Track quarterly shareholding changes for Axis Bank Ltd. →

Axis Bank Balance Sheet

Proportional view as of 13 Jul 2026. Hover blocks for details.

Assets

Liabilities & Equity

In FY2026, the total asset base came in at ₹19.46T, up 17.4% YoY from ₹16.57T.

Loans & Advances accounts for 65.9% of the total, ahead of Investments (22.9%) and Cash (5.6%).

Funding mix: 68.5% Deposits, 14.4% Borrowings, 11.1% Equity, 6.0% Other Liabilities. Over the year, deposits are up 13.9% and equity is up 14.9%.

Balance sheet composition — FY 2026

Assets (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Cash 1,093.52B
Loans & Advances 12.82T
Investments 4,464.22B
Other Assets 1,078.84B
Liabilities and equity (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Equity 2,158.34B
Deposits 13.34T
Borrowings 2,805.11B
Other Liabilities 1,159.15B

View full balance sheet (multi-year) →

Axis Bank Key Takeaways

The key takeaways for Axis Bank Ltd. (AXISBANK), drawn from the latest available financials, are summarised below.

FY2026 revenue came in at ₹1,62,211 Cr, a 4.0% year-over-year gain.

The 10-year revenue CAGR clocks in at 12.2%, reflecting consistent compounding over the period.

Profitability holds up well, with a net margin of 16.3% translating to net income of ₹26,385 Cr.

The P/B Ratio model implies 11.8% upside to fair value from the current price. The remaining three models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.

Unlock Full Analysis

Craytheon's full analysis of Axis Bank Ltd. goes deeper: four valuation models, growth metrics, and 10 years of financial data.

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