Axis Bank Future Growth

Future criteria checks 2/6

Axis Bank is forecast to grow earnings and revenue by 8.6% and 15.5% per annum respectively. EPS is expected to grow by 8.6% per annum. Return on equity is forecast to be 15.2% in 3 years.

Key information

8.6%

Earnings growth rate

8.6%

EPS growth rate

Banks earnings growth	2.1%
Revenue growth rate	15.5%
Future return on equity	15.2%
Analyst coverage	Good
Last updated	20 Nov 2024

Recent future growth updates

No updates

Recent updates

No updates

Earnings and Revenue Growth Forecasts

LSE:AXBA - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	1,047,734	343,281	N/A	N/A	25
3/31/2026	914,206	297,642	N/A	N/A	37
3/31/2025	811,382	265,073	N/A	N/A	37
9/30/2024	667,636	279,284	-998,250	-974,623	N/A
6/30/2024	649,705	267,313	N/A	N/A	N/A
3/31/2024	633,993	263,862	-1,292,178	-1,268,324	N/A
12/31/2023	622,467	134,253	N/A	N/A	N/A
9/30/2023	584,861	131,210	-1,344,159	-1,326,133	N/A
6/30/2023	565,071	125,292	N/A	N/A	N/A
3/31/2023	514,020	108,185	-1,044,758	-1,030,864	N/A
12/31/2022	509,327	205,980	N/A	N/A	N/A
9/30/2022	473,209	183,676	-1,103,836	-1,087,781	N/A
6/30/2022	433,654	161,430	N/A	N/A	N/A
3/31/2022	389,886	141,193	-958,832	-944,742	N/A
12/31/2021	379,784	126,430	N/A	N/A	N/A
9/30/2021	330,793	100,039	-474,918	-464,891	N/A
6/30/2021	294,505	84,529	N/A	N/A	N/A
3/31/2021	264,273	71,955	-537,718	-528,333	N/A
12/31/2020	193,416	29,917	N/A	N/A	N/A
9/30/2020	194,042	35,495	-584,464	-572,770	N/A
6/30/2020	192,518	16,912	N/A	N/A	N/A
3/31/2020	199,445	18,531	-620,999	-609,956	N/A
12/31/2019	269,794	47,868	N/A	N/A	N/A
9/30/2019	267,788	46,789	-581,416	-571,389	N/A
6/30/2019	227,525	55,781	N/A	N/A	N/A
3/31/2019	217,673	50,386	-588,433	-579,629	N/A
3/31/2018	153,542	4,558	N/A	-790,654	N/A
3/31/2017	186,793	39,530	N/A	-244,719	N/A
3/31/2016	233,013	83,497	N/A	-705,527	N/A
3/31/2015	208,931	74,479	N/A	-568,656	N/A
3/31/2014	176,889	63,101	N/A	-139,284	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AXBA's forecast earnings growth (8.6% per year) is above the savings rate (2.1%).

Earnings vs Market: AXBA's earnings (8.6% per year) are forecast to grow slower than the UK market (14.6% per year).

High Growth Earnings: AXBA's earnings are forecast to grow, but not significantly.

Revenue vs Market: AXBA's revenue (15.5% per year) is forecast to grow faster than the UK market (3.5% per year).

High Growth Revenue: AXBA's revenue (15.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AXBA's Return on Equity is forecast to be low in 3 years time (15.2%).