BSE:532215

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Executive Summary

Axis Bank Limited provides corporate and retail banking products and services in India and internationally. More Details


Snowflake Analysis

Adequate balance sheet with poor track record.


Similar Companies

Share Price & News

How has Axis Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532215 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.8%

532215

2.6%

IN Banks

-0.5%

IN Market


1 Year Return

-30.9%

532215

-21.5%

IN Banks

2.0%

IN Market

Return vs Industry: 532215 underperformed the Indian Banks industry which returned -21.5% over the past year.

Return vs Market: 532215 underperformed the Indian Market which returned 2% over the past year.


Shareholder returns

532215IndustryMarket
7 Day4.8%2.6%-0.5%
30 Day16.6%8.1%0.3%
90 Day7.1%3.1%7.1%
1 Year-30.9%-30.9%-21.5%-21.5%3.7%2.0%
3 Year4.6%4.4%-36.5%-37.2%2.0%-3.0%
5 Year4.3%2.2%-13.3%-15.2%40.9%30.4%

Price Volatility Vs. Market

How volatile is Axis Bank's share price compared to the market and industry in the last 5 years?


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2 years ago | Simply Wall St

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Valuation

Is Axis Bank undervalued compared to its fair value and its price relative to the market?

80.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532215's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532215's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532215 is poor value based on its PE Ratio (80.9x) compared to the IN Banks industry average (16.6x).

PE vs Market: 532215 is poor value based on its PE Ratio (80.9x) compared to the Indian market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532215's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532215 is overvalued based on its PB Ratio (1.6x) compared to the IN Banks industry average (0.7x).


Next Steps

Future Growth

How is Axis Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.6%

Forecasted Banks industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 532215's forecast earnings growth is above the savings rate (7.2%).

Earnings vs Market: Insufficient data to determine if 532215's earnings are forecast to grow faster than the Indian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 532215's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 532215's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 532215's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Axis Bank performed over the past 5 years?

-19.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532215 has high quality earnings.

Growing Profit Margin: 532215's current net profit margins (8.8%) are lower than last year (24.4%).


Past Earnings Growth Analysis

Earnings Trend: 532215's earnings have declined by 19.1% per year over the past 5 years.

Accelerating Growth: 532215's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532215 had negative earnings growth (-69.6%) over the past year, making it difficult to compare to the Banks industry average (-0.3%).


Return on Equity

High ROE: 532215's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is Axis Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 532215's Assets to Equity ratio (10.4x) is moderate.

Allowance for Bad Loans: 532215 has a low allowance for bad loans (22%).

Low Risk Liabilities: 77% of 532215's liabilities are made up of primarily low risk sources of funding.

Loan Level: 532215 has an appropriate level of Loans to Assets ratio (63%).

Low Risk Deposits: 532215's Loans to Deposits ratio (91%) is appropriate.

Level of Bad Loans: 532215 has a high level of bad loans (4.5%).


Next Steps

Dividend

What is Axis Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532215's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532215's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532215's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532215's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532215 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532215's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Amitabh Chaudhry (56 yo)

1.75yrs

Tenure

₹60,135,611

Compensation

Mr. Amitabh Chaudhry served as Independent Director of HDFC Credila Financial Services Private Limited until October 14, 2018. He serves as Chief Executive Officer and Managing Director of Axis Bank Ltd. s ...


CEO Compensation Analysis

Compensation vs Market: Amitabh's total compensation ($USD818.30K) is below average for companies of similar size in the Indian market ($USD1.37M).

Compensation vs Earnings: Amitabh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Amitabh Chaudhry
MD, CEO & Director1.75yrs₹60.14mno data
Puneet Sharma
President & CFO0.58yr₹18.41mno data
Rajesh Dahiya
Executive Director of Corporate Centre & Executive Director4.42yrs₹37.53m0.00086%
₹ 13.0m
Rajiv Prattipati
Executive Director of Wholesale Banking & Executive Director4.42yrs₹41.62m0.013%
₹ 194.3m
Girish Koliyote
Company Secretary5.42yrs₹10.44mno data
Rudrapriyo Ray
President & Chief Compliance Officerno datano data0.00056%
₹ 8.5m
Julius Samson
Head, Corporate Communication & Investor Relationno datano datano data
Damini Marwah
General Counsel4.08yrsno datano data
Jitendra Singh
President of Commercial Banking Groupno datano data0.0056%
₹ 85.1m
Arvind Arya
Executive VP & Head Wholesale Banking Operationsno datano data0.0018%
₹ 27.6m
Sanjay Silas
President of International Banking5.5yrsno data0.0032%
₹ 48.6m
Jagdeep Mallareddy
President of Retail Lendingno datano data0.0025%
₹ 37.5m

2.9yrs

Average Tenure

56yo

Average Age

Experienced Management: 532215's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Amitabh Chaudhry
MD, CEO & Director1.75yrs₹60.14mno data
Rajesh Dahiya
Executive Director of Corporate Centre & Executive Director4.42yrs₹37.53m0.00086%
₹ 13.0m
Rajiv Prattipati
Executive Director of Wholesale Banking & Executive Director4.42yrs₹41.62m0.013%
₹ 194.3m
C. Joseph
Chief Executive Officer of Axis Bank Foundation and Executive Trustee of Axis Bank Foundation10.42yrsno datano data
Stephen Pagliuca
Non-Executive Nominee Director2.83yrs₹2.20mno data
Girish Paranjpe
Independent Director1.92yrs₹2.36mno data
Rakesh Makhija
Independent Non-Executive (Part-time) Chairman1.25yrs₹3.55mno data
Rohit Bhagat
Independent Non-Executive Director7.75yrs₹2.75mno data
Srinivasan Vishvanathan
Independent Non-Executive Director5.67yrs₹3.70mno data
Tharavanat Suseel Kumar
Additional Non-Executive Nominee Director0.25yrno datano data
Ketaki Bhagwati
Independent Non-Executive Director4.75yrs₹3.55mno data
B. Baburao
Non-Executive (Nominee) Director4.75yrs₹4.00mno data

4.4yrs

Average Tenure

60yo

Average Age

Experienced Board: 532215's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 532215 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.5%.


Top Shareholders

Company Information

Axis Bank Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Axis Bank Limited
  • Ticker: 532215
  • Exchange: BSE
  • Founded: 1993
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹1.511t
  • Shares outstanding: 3.06b
  • Website: https://www.axisbank.com

Number of Employees


Location

  • Axis Bank Limited
  • Axis House
  • C-2, Wadia International Centre
  • Mumbai
  • Maharashtra
  • 400025
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532215BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2000
AXISBANKNSEI (National Stock Exchange of India)YesEquity SharesININRMay 2000
AXBLSE (London Stock Exchange)GDR EACH REPR 5 SHS REG SGBUSDMar 2005
UZCDB (Deutsche Boerse AG)GDR EACH REPR 5 SHS REG SDEEURMar 2005
AXBLBATS-CHIXE (BATS 'Chi-X Europe')GDR EACH REPR 5 SHS REG SGBUSDMar 2005
AXB NBMV (Bolsa Mexicana de Valores)GDR EACH REPR 5 SHS REG SMXMXNMar 2005

Biography

Axis Bank Limited provides corporate and retail banking products and services in India and internationally. The company’s deposit products include savings, salary, and current accounts, as well as fixed, r ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 12:46
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.