Financials Axis Bank Limited London S.E.

Equities

AXB

US05462W1099

Banks

Market Closed - London S.E. 16:35:29 03/05/2024 BST 5-day change 1st Jan Change
68.6 USD -1.44% Intraday chart for Axis Bank Limited +0.29% +4.10%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,995,854 1,070,262 2,136,965 2,335,004 2,641,324 3,522,926 - -
Enterprise Value (EV) 1 1,995,854 1,070,262 2,136,965 2,335,004 2,641,324 3,235,652 3,522,926 3,522,926
P/E ratio 42.9 x 63.5 x 31.6 x 18 x 27.7 x 13.1 x 13 x 11.3 x
Yield 0.13% - - 0.13% - 0.5% 0.43% 0.49%
Capitalization / Revenue 5.73 x 2.63 x 4.85 x 4.83 x 4.44 x 4.47 x 4.32 x 3.76 x
EV / Revenue 5.73 x 2.63 x 4.85 x 4.83 x 4.44 x 4.47 x 4.32 x 3.76 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 3 x 1.26 x 2.1 x 2.03 x 2.04 x 2.38 x 2 x 1.72 x
Nbr of stocks (in thousands) 2,571,645 2,821,678 3,063,749 3,069,748 3,076,852 3,087,442 - -
Reference price 2 776.1 379.3 697.5 760.6 858.4 1,141 1,141 1,141
Announcement Date 25/04/19 28/04/20 27/04/21 28/04/22 27/04/23 24/04/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 348,385 407,428 440,773 483,528 594,466 723,364 815,264 938,034
EBITDA - - - - - - - -
EBIT 1 190,051 234,381 257,022 247,420 320,483 371,232 421,606 495,459
Operating Margin 54.55% 57.53% 58.31% 51.17% 53.91% 51.32% 51.71% 52.82%
Earnings before Tax (EBT) 1 69,741 49,042 88,058 173,826 169,058 330,601 363,557 419,683
Net income 1 46,766 16,272 65,885 130,255 95,797 248,614 271,984 313,507
Net margin 13.42% 3.99% 14.95% 26.94% 16.11% 34.37% 33.36% 33.42%
EPS 2 18.09 5.970 22.09 42.35 31.02 80.10 87.65 101.1
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.000 - - 1.000 - 5.736 4.941 5.599
Announcement Date 25/04/19 28/04/20 27/04/21 28/04/22 27/04/23 24/04/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 111,488 122,233 113,484 116,987 124,929 130,425 123,830 143,014 161,248 166,375 170,460 170,859 179,204 186,305 192,340
EBITDA - - - - - - - - - - - - - - -
EBIT 1 60,955 68,646 64,160 59,282 61,615 64,660 58,870 77,162 92,775 91,676 88,144 88,348 90,435 93,753 98,673
Operating Margin 54.67% 56.16% 56.54% 50.67% 49.32% 49.58% 47.54% 53.95% 57.54% 55.1% 51.71% 51.71% 50.46% 50.32% 51.3%
Earnings before Tax (EBT) 1 14,912 35,697 28,840 41,931 48,267 54,788 55,276 71,664 78,398 -36,280 77,795 76,769 81,126 82,552 77,459
Net income 1 11,166 26,771 21,602 31,333 36,142 41,178 41,253 53,298 58,531 -57,284 57,971 57,625 60,203 62,510 64,972
Net margin 10.02% 21.9% 19.03% 26.78% 28.93% 31.57% 33.31% 37.27% 36.3% -34.43% 34.01% 33.73% 33.59% 33.55% 33.78%
EPS 2 3.650 8.720 7.030 10.19 11.75 13.38 13.40 17.23 18.80 -18.62 18.75 18.93 19.65 20.45 -
Dividend per Share 2 - - - - - 1.000 - - - - 1.421 1.429 1.505 1.528 1.615
Announcement Date 27/01/21 27/04/21 26/07/21 26/10/21 24/01/22 28/04/22 25/07/22 20/10/22 23/01/23 27/04/23 26/07/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 8.09% 2.34% 7.55% 12.9% 17.7% 17.6% 16.7% 16.5%
ROA (Net income/ Total Assets) 0.63% 0.2% 0.7% 1.21% 0.8% 1.71% 1.74% 1.76%
Assets 1 7,423,190 8,136,100 9,412,143 10,764,860 11,974,600 13,989,917 15,599,641 17,770,096
Book Value Per Share 2 259.0 301.0 332.0 375.0 422.0 479.0 571.0 664.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 25/04/19 28/04/20 27/04/21 28/04/22 27/04/23 24/04/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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