Axis Bank Past Earnings Performance
Past criteria checks 1/6
Axis Bank has been growing earnings at an average annual rate of 43%, while the Banks industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 25.2% per year. Axis Bank's return on equity is 8.4%, and it has net margins of 18%.
Key information
43.0%
Earnings growth rate
39.5%
EPS growth rate
| Banks Industry Growth | 10.4% |
| Revenue growth rate | 25.2% |
| Return on equity | 8.4% |
| Net Margin | 18.0% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Axis Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 23 | 600,804 | 108,185 | 97,023 | 0 |
| 31 Dec 22 | 509,327 | 205,980 | 154,958 | 0 |
| 30 Sep 22 | 473,209 | 183,676 | 151,269 | 0 |
| 30 Jun 22 | 433,654 | 161,430 | 148,730 | 0 |
| 31 Mar 22 | 389,886 | 141,193 | 144,979 | 0 |
| 31 Dec 21 | 379,784 | 126,430 | 133,479 | 0 |
| 30 Sep 21 | 330,793 | 100,039 | 130,259 | 0 |
| 30 Jun 21 | 294,505 | 84,529 | 124,352 | 0 |
| 31 Mar 21 | 264,273 | 71,955 | 119,405 | 0 |
| 31 Dec 20 | 193,416 | 29,917 | 110,350 | 0 |
| 30 Sep 20 | 194,042 | 35,495 | 106,963 | 0 |
| 30 Jun 20 | 192,518 | 16,912 | 105,484 | 0 |
| 31 Mar 20 | 199,445 | 18,531 | 104,561 | 0 |
| 31 Dec 19 | 269,794 | 47,868 | 101,077 | 0 |
| 30 Sep 19 | 267,788 | 46,789 | 101,467 | 0 |
| 30 Jun 19 | 227,525 | 55,781 | 102,352 | 0 |
| 31 Mar 19 | 217,673 | 50,386 | 103,084 | 0 |
| 31 Mar 18 | 153,542 | 4,558 | 92,415 | 0 |
| 31 Mar 17 | 186,793 | 39,530 | 82,791 | 0 |
| 31 Mar 16 | 233,013 | 83,497 | 68,600 | 0 |
| 31 Mar 15 | 208,931 | 74,479 | 65,373 | 0 |
| 31 Mar 14 | 176,889 | 63,101 | 56,637 | 0 |
| 31 Mar 13 | 147,651 | 52,348 | 51,947 | 0 |
Quality Earnings: AXB N has a large one-off loss of ₹124.9B impacting its last 12 months of financial results to 31st March, 2023.
Growing Profit Margin: AXB N's current net profit margins (18%) are lower than last year (36.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AXB N's earnings have grown significantly by 43% per year over the past 5 years.
Accelerating Growth: AXB N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AXB N had negative earnings growth (-23.4%) over the past year, making it difficult to compare to the Banks industry average (37.4%).
Return on Equity
High ROE: AXB N's Return on Equity (8.4%) is considered low.