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Axis Bank Limited AXISBANK.NS

IN · National Stock Exchange of India · XNSE · stock · Financial Services · website

Axis Bank Limited statistics & valuation

Market cap₹3.79T
P / E14.4×
P / S4.3×
P / B1.8×
Net margin30.0%
FCF margin-12.3%
Net debt₹1.62T
Enterprise value USD$56.8B
Graham number -5.9%₹1,145.91

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹1,145.91); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
17.30% 34.40% 33.10% 30.00% 2023202420252026
Gross margin (%)
2023202420252026
Operating margin (%)
2023202420252026
Return on equity (%)
8.30% 16.80% 15.00% 12.30% 2023202420252026
Shares outstanding
3.11B 3.11B 3.11B 3.11B 2023202420252026
Net debt (₹)
₹591.72B ₹901.49B ₹1.04T ₹1.62T 2023202420252026
Share buybacks (₹)
2023202420252026
Return on assets (%)
0.80% 1.70% 1.70% 1.40% 2023202420252026
Free cash flow margin (%)
33.10% -10.40% 49.50% -12.30% 2023202420252026
Debt / equity (×)
1.53× 1.45× 1.18× 1.30× 2023202420252026
EPS (₹)
₹35.04 ₹85.01 ₹90.18 ₹84.48 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Axis Bank Limited trades at about 14.4× earnings — near its 10-year norm (10-year range 13.1×–24.5×, median 15×).

13.1× 24.5×

Shaded band = 10-year range (13.1×–24.5×); dot = today's 14.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Net margin30.0%33.1%34.4%17.3%
FCF margin-12.3%49.5%-10.4%33.1%
Return on assets1.4%1.7%1.7%0.8%
Return on equity12.3%15.0%16.8%8.3%

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.