In the last 19 years, only 2.67 % trading sessions saw intraday gains higher than 5 % .
Axis Bank Share Price
Axis Bank Share Price
Axis Bank share price insights
Axis Bank Ltd. reported a YoY increase of 15.08% in its advances, which is higher than its 5 yr CAGR of 11.38%. (Source: Consolidated Financials)
Company's annual revenue growth of 29.99% outperformed its 3 year CAGR of 19.29%. (Source: Consolidated Financials)
20 day moving crossover appeared yesterday. Average price gain of 3.07% within 7 days of this signal in last 5 years.
Axis Bank Ltd. share price moved up by 0.39% from its previous close of Rs 1,170.95. Axis Bank Ltd. stock last traded price is 1,175.40
Share Price Value Today/Current/Last 1,175.40 Previous Day 1,170.95
Key Metrics
PE Ratio (x) | 13.59 | ||||||||||
EPS - TTM (₹) | 86.50 | ||||||||||
MCap (₹ Cr.) | 3,63,227 | ||||||||||
Sectoral MCap Rank | 4 | ||||||||||
PB Ratio (x) | 2.31 | ||||||||||
Div Yield (%) | 0.09 | ||||||||||
Face Value (₹) | 2.00 | ||||||||||
Beta Beta
| 1.10 | ||||||||||
VWAP (₹) | 1,173.26 | ||||||||||
52W H/L (₹) |
Axis Bank Share Price Returns
1 Day | 0.39% |
1 Week | 0.47% |
1 Month | 0.46% |
3 Months | 1.35% |
1 Year | 19.85% |
3 Years | 56.22% |
5 Years | 77.78% |
Axis Bank Share Recommendations
Recent Recos
Current
Mean Recos by 38 Analysts
SellSellHoldBuyStrong
Buy
- Target₹1375
- OrganizationJM Financial
- BUY
Analyst Trends
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 15 | 15 | 15 | 21 |
Buy | 15 | 15 | 17 | 16 |
Hold | 8 | 9 | 8 | 3 |
Sell | - | - | - | - |
Strong Sell | - | - | - | - |
# Analysts | 38 | 39 | 40 | 40 |
Axis Bank Financials
Income (P&L)
Balance Sheet
Cash Flow
Ratios
MD&A
Insights
Beating 3 Yr Revenue CAGR
Company's annual revenue growth of 29.99% outperformed its 3 year CAGR of 19.29%. (Source: Consolidated Financials)
Quarterly | Annual Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023 Total Income 37,795.88 37,836.10 35,136.83 33,122.23 31,894.20 Total Income Growth (%) -0.11 7.68 6.08 3.85 5.87 Provisions & Contingencies 2,101.51 1,216.78 1,049.06 852.15 1,060.08 Provisions & Contingencies Growth (%) 72.71 15.99 23.11 -19.61 243.79 Profit after Tax (PAT) 6,436.43 7,599.04 6,491.66 6,204.15 6,091.35 PAT Growth (%) -15.30 17.06 4.63 1.85 - Gross NPA (%) - - - - - Net NPA (%) - - - - - Net Profit Margin (%) 17.03 20.08 18.48 18.73 19.10 Basic EPS (₹) 20.84 24.63 21.06 20.14 19.79 All figures in Rs Cr, unless mentioned otherwise
Insights
Loan Book Growth - Beating 5 Yr CAGR
Axis Bank Ltd. reported a YoY increase of 15.08% in its advances, which is higher than its 5 yr CAGR of 11.38%. (Source: Consolidated Financials)Falling Gross NPA and Net NPA
The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 1.43% and 0.31%, respectively. (Source: Standalone Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Advances 9,99,333.48 8,68,387.54 7,25,125.50 6,35,070.69 5,82,958.84 Advances Growth (%) 15.08 19.76 14.18 8.94 15.06 Deposits 10,67,102.40 9,45,824.72 8,20,914.16 7,07,623.42 6,42,157.21 Deposits Growth (%) 12.82 15.22 16.01 10.19 16.60 Total Equity 1,56,628.47 1,29,749.01 1,18,371.24 1,03,767.45 86,453.98 Total Equity Growth (%) 20.72 9.61 14.07 20.03 27.35 Gross NPA (%) - - - - - Net NPA (%) - - - - - Capital Adequacy Ratios (%) - - - - - Contingent Liabilities 19,12,125.37 14,43,666.01 12,93,232.86 10,53,624.91 9,25,006.76 All figures in Rs Cr, unless mentioned otherwise
Insights
Decrease in Cash from Investing
Company has used Rs 9088.16 cr for investing activities which is an YoY decrease of 72.2%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities -5,554.67 22,074.78 28,137.30 12,632.88 30,415.64 Net Cash used in Investing Activities -9,088.16 -32,694.38 -27,232.10 -54,194.82 -9,658.86 Net Cash flow from Financing Activities 22,341.25 6,640.54 47,894.08 7,279.33 8,865.13 Net Cash Flow 7,785.25 -3,635.58 48,919.15 -34,375.42 29,795.47 Closing Cash & Cash Equivalent 1,16,493.18 1,08,707.93 1,12,343.51 63,424.35 97,799.77 Closing Cash & Cash Equivalent Growth (%) 7.16 -3.24 77.13 -35.15 43.81 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 16.80 8.33 11.93 6.94 2.14 Return on Assets (%) 1.73 0.80 1.18 0.71 0.19 Cost to Income (%) 48.62 48.90 42.99 47.82 50.19 Interest income to Earning assets (%) 7.42 6.50 5.75 6.40 6.86 Interest Expense to Earning assets (%) 4.04 3.22 2.92 3.45 4.09 Price to Earnings (x) 12.27 24.45 16.56 29.76 57.80 Price to Book (x) 2.06 2.04 1.97 2.06 1.24 Price to Sales (x) 2.87 3.02 3.39 3.30 1.68 Operating Profit Margin (%) 1.05 -8.98 -4.50 -13.75 -22.69 MANAGEMENT DISCUSSION AND ANALYSIS (FY 20-21)
Prospects for fiscal 2022
Global growth is likely to enter a coordinated recovery in the current financial year, partly on the low base of fiscal 2021, and partly on combination of vaccination and extraordinary stimulus in force globally. This outlook has replaced the fear of COVID-19 with that of earlier than expected interest rate hikes, though central banks have clarified that actual tightening is a long way off, with some also talking of further stimulus. Still, a tightening bias has begun to be seen, with China targeting relatively slow GDP and credit growth, and other emerging markets beginning rate hikes to deal with potential spill over effects of higher global interest rates down the road. Apart from the interplay between fiscal stimulus, rising interest rates and the recovery, the global economy will also be shaped by geopolitical developments.
Decline in cost of funfs
Cost of funds decreased by 100 bps from 5.48% in fiscal 2020 to 4.48% in fiscal 2021. During the year, the Bank continued its focus on both CASA plus Retail Term Deposits (RTD) as part of its overall deposit growth strategy. As a result, the cost of deposits decreased to 4.27% from 5.23% last year. CASA and RTD deposits together, on a daily average basis, reported a healthy increase of 18% to `529,300 crores from `449,033 crores last year. Further, during the year the Bank raised additional capital of `10,000 crores through issuance of equity share capital which also led to decrease in the funding cost for the Bank.
Retail loan matrix
The retail lending growth was led by Small Banking Business (SBB), mortgage loan and auto loans. Home loans remain the largest retail segment and accounted for 36% of retail loans, rural lending 13%, loans against property (LAP) 9%, personal loans (PL) and credit cards (CC) were 16%, auto loans 12% and Small Banking Business (SBB) were 5%, while non-schematic loans comprising loan against deposits and other loans accounted for 10%
Axis Bank Peer Comparison
Axis Bank Stock Performance
Ratio Performance
Insights
Stock Returns vs Nifty 100
Stock gave a 3 year return of 56.22% as compared to Nifty 100 which gave a return of 54.68%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 56.22% return as compared to Nifty Bank which gave investors 43.58% return over 3 year time period. (as of last trading session)
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Stock Returns vs Nifty 100
Stock gave a 3 year return of 56.22% as compared to Nifty 100 which gave a return of 54.68%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 56.22% return as compared to Nifty Bank which gave investors 43.58% return over 3 year time period. (as of last trading session)
See All Parameters
MF Ownership
5,247.45
Amount Invested (in Cr.)
8.52%
% of AUM
18.42
% Change (MoM basis)
2,757.31
Amount Invested (in Cr.)
3.63%
% of AUM
0.00
% Change (MoM basis)
2,607.24
Amount Invested (in Cr.)
4.16%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 31 July 2024
Axis Bank F&O Quote
Futures
Options
- Expiry
Price
1,177.25-10.30 (-0.87%)
Open Interest
50,625-3,750 (-7.41%)
Open High Low Prev Close Contracts Traded Turnover (₹ Lakhs) 1,185.90 1,188.10 1,176.05 1,187.55 34,843 2,56,868.15 Open Interest as of 05 Jul 2024
Corporate Actions
Axis Bank Board Meeting/AGM
Axis Bank Dividends
- Others
Meeting Date Announced on Purpose Details Jul 24, 2024 Jul 05, 2024 Board Meeting Quarterly Results Apr 24, 2024 Apr 18, 2024 Board Meeting Audited Results & Final Dividend Jan 23, 2024 Jan 03, 2024 Board Meeting Quarterly Results Dec 05, 2023 Nov 01, 2023 POM - Oct 30, 2023 Sep 26, 2023 POM - Type Dividend Dividend per Share Ex-Dividend Date Announced on Final 50% 1.0 Jul 12, 2024 Apr 24, 2024 Final 50% 1.0 Jul 07, 2023 Apr 27, 2023 Final 50% 1.0 Jul 07, 2022 Apr 28, 2022 Final 50% 1.0 Jul 04, 2019 Apr 25, 2019 Final 250% 5.0 Jul 06, 2017 Apr 28, 2017 All Types Ex-Date Record Date Announced on Details Splits Jul 28, 2014 Jul 30, 2014 Apr 25, 2014 Split: Old FV10.0| New FV:2.0
About Axis Bank
Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 363,227.57 Crore).Axis Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024. Show More
Executives
Auditors
- NS
N S Vishwanathan
Part Time Chairman & Independent DirectorACAmitabh Chaudhry
Managing Director & CEORARajiv Anand
Deputy Managing DirectorMSMunish Sharda
Executive DirectorSMSubrat Mohanty
Executive DirectorMIMini Ipe
Non Exe. & Nominee DirectorShow More - CNK & Associates LLPM P Chitale & CoHaribhakti & Co. LLP
Industry
Key Indices Listed on
Nifty 50, BSE Sensex, Nifty Bank, + 39 more
Address
'Trishul', 3rd Floor,Opp. Samartheshwar Temple,Ahmedabad, Gujarat - 380006
More Details
Brands
![Axis Bank](https://etcompanylogos.indiatimes.com/9175_axis.jpg)
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