Axis Bank logo

Axis Bank share price

NSE: AXISBANKBSE: 532215BanksLarge Cap

Axis Bank Limited · Formerly UTI Bank · Face value ₹2 · Listed Nov 1998
Last close ₹1,225.00up ₹5.00 (0.41%)BSE ₹1,226.10

Share price at the NSE close on 29 Oct 2026. Previous close ₹1,220.00.

29 Oct: open ₹1,212.00, high ₹1,228.00, low ₹1,210.50

52-week range of traded prices to 29 Oct 2026
₹1,150.30Low, 2 Apr 2026₹1,418.30High, 3 Feb 2026
Market cap
₹3,81,427 Cr15th largest listed
P/E
12.74
P/B
1.66
Dividend yield
0.08%
ROE
14.0%
NIM
3.58%
Gross NPA
1.16%
Net NPA
0.35%
CET1
14.61%
ROA
1.47%
Volume, NSE
49,19,26462.5% delivered

Axis Bank share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−1.9%over a year · Nifty Private Bank −5.0% · Nifty 500 −8.4%

ResultsDividend20-session average 75,19,027 shares a day, 61.8% delivered

About Axis Bank

Axis Bank Limited is a bank that takes deposits from and lends to individuals, small businesses, non-resident Indians and companies across India.123 It also offers cards, payments and wealth management, trade finance and cash management for companies, and sells other providers' mutual funds and insurance.24 Its subsidiaries manage mutual funds and offer investment banking, stockbroking and payment services.5

It reports its results in the segments Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business, with digital banking shown as part of Retail Banking.6 Outside India it has branches in Singapore and at the Dubai International Financial Centre, and an offshore banking unit at GIFT City, Gandhinagar.7

It was incorporated in 1993 and its registered office is in Ahmedabad, Gujarat.8 It opened its first branch, in Ahmedabad, in 1995, and in 2005 it listed global depositary receipts on the London Stock Exchange.9

At the end of Sep 2026, Indian institutions held 44.54% of its shares, foreign institutional investors 38.05% and Life Insurance Corporation 7.86%.10

Axis Bank key points

Results

  • Net profit was ₹7,003 crore in the quarter to Sep 2026, up 38% from a year earlier, and ₹14,117 crore in the half year, up 30% from ₹10,896 crore, on a standalone basis (the bank alone, without its subsidiaries).11
  • Net interest income (interest earned less interest paid) was ₹15,371 crore in the quarter, up 12%, and core operating profit (before provisions, tax and trading gains) ₹10,998 crore, up 11%.12
  • The net interest margin (net interest income as a share of earning assets) was 3.36% in the quarter, or 3.47% excluding the effect of FCNR(B) deposits (foreign-currency deposits from non-residents).13
  • Consolidated return on equity (group profit as a share of shareholders' funds, annualised) was 14.23% in the half year to Sep 2026, up 170 basis points (hundredths of a percentage point) from a year earlier.14

Market position

  • As a payer payment service provider (the bank behind the payer's app) on UPI, India's instant mobile payment system, it had about 38% of transactions by volume in the quarter to Sep 2026.15
  • It had about 13.1% of credit cards in force in India at the end of August 2026, and has more than 16.3 million. In the quarter to Sep 2026 it became the first Indian bank to offer Apple Pay to its credit card customers.1617
  • Its terminal market share in merchant acquiring (processing card payments for shops) was about 25.7% in August 2026, based on Reserve Bank of India (RBI) data.18
  • In the half year to Sep 2026 it ranked first among arrangers of rupee-denominated bonds in Bloomberg's league table.19

Loan book and deposits

  • Loans by segment at the end of Sep 2026, with growth from a year earlier2021
    ItemSep 2026
    Retail₹7,39,905 crore, up 16%
    Corporate₹4,69,230 crore, up 34%
    SME (small and medium enterprises)₹1,64,592 crore, up 25%
    Total loans were ₹13,73,727 crore, up 23%.
  • Deposits were ₹14,52,066 crore at the end of Sep 2026, up 21%; current and savings accounts (CASA, the low-cost part) were 36%, against 40% a year earlier. They include ₹1,018 billion of FCNR(B) deposits raised under an RBI special window.2223
  • About 74% of the retail loan book was secured at the end of Sep 2026, and home loans made up 24% of it.24
  • Gross non-performing assets (loans that have stopped being repaid) were 1.16% of gross customer assets and net 0.35% of net customer assets at the end of Sep 2026, against 1.46% and 0.44% a year earlier. Its capital adequacy ratio (capital against risk-weighted assets) was 16.27%.2526

Branches and reach

  • At the end of Sep 2026 it had 6,414 branches and extension counters in India, 353 business correspondent outlets (counters run by agents on its behalf) and 12,533 ATMs and cash recyclers.27
  • Its Bharat Banking network for rural and semi-urban markets had 2,995 branches and 19,813 Common Service Centre village-level agents (CSC VLEs), and its rural loans grew 20% in the year to Sep 2026.2829

Wealth and group companies

  • Its wealth management business, Burgundy, managed client assets of ₹8,19,868 crore at the end of Sep 2026, up 27%; Burgundy Private, for high and ultra-high net worth clients, covered 18,760 families with ₹2,77,246 crore, up 12%.30
  • Its domestic subsidiaries earned ₹1,210 crore of net profit in the half year to Sep 2026, up 29% from a year earlier.27
  • Axis Finance, its non-bank lender (NBFC), had assets under management of more than ₹54,590 crore at the end of Sep 2026, up 23%, and earned ₹546 crore in the half year, up 42%.3132

What the company expects

  • On its earnings call of 18 Jul 2026, the company said its guidance on growth is to grow 300 basis points faster than the industry over the medium term.3334
  • On its earnings call of 18 Jul 2026, the company said it had not changed its guidance of a 3.8% net interest margin, which it calls structural, or the time period it had given for it.35
  • On its earnings call of 18 Jul 2026, the company said it does not need to raise equity capital, either to grow or as protection.36

Recent events

  • On 7 Jul 2026 the RBI approved the re-appointment of Nurani Subramanian Vishwanathan as part-time chairman from 27 Oct 2026 to 26 Oct 2029, subject to shareholders re-appointing him as an independent director at the meeting of 31 Jul 2026; the documents give no outcome.3738
  • On 30 Jun 2026 it issued $500 million of 6.875% Additional Tier 1 notes (perpetual bonds counted as capital), and raised $100 million more after that quarter. S&P rated BB- further notes from its GIFT City branch that join that series.3639

Last updated

All 39 sources, each with its page
  1. 1. Annual report, 25 Jun 2026, page 322
  2. 2. Annual report, 25 Jun 2026, page 117
  3. 3. Annual report, 25 Jun 2026, page 324
  4. 4. Annual report, 25 Jun 2026, page 323
  5. 5. Annual report, 25 Jun 2026, page 280
  6. 6. Annual report, 25 Jun 2026, page 498
  7. 7. Annual report, 25 Jun 2026, page 541
  8. 8. Annual report, 25 Jun 2026, page 22
  9. 9. Annual report, 25 Jun 2026, page 95
  10. 10. Investor presentation, 17 Oct 2026, page 72
  11. 11. Investor presentation, 17 Oct 2026, page 4
  12. 12. Investor presentation, 17 Oct 2026, page 4
  13. 13. Investor presentation, 17 Oct 2026, page 14
  14. 14. Investor presentation, 17 Oct 2026, page 14
  15. 15. Investor presentation, 17 Oct 2026, page 53
  16. 16. Investor presentation, 17 Oct 2026, page 35
  17. 17. Investor presentation, 17 Oct 2026, page 2
  18. 18. Investor presentation, 17 Oct 2026, page 3
  19. 19. Investor presentation, 17 Oct 2026, page 43
  20. 20. Investor presentation, 17 Oct 2026, page 9
  21. 21. Investor presentation, 17 Oct 2026, page 4
  22. 22. Investor presentation, 17 Oct 2026, page 9
  23. 23. Investor presentation, 17 Oct 2026, page 16
  24. 24. Investor presentation, 17 Oct 2026, page 4
  25. 25. Investor presentation, 17 Oct 2026, page 9
  26. 26. Investor presentation, 17 Oct 2026, page 6
  27. 27. Investor presentation, 17 Oct 2026, page 6
  28. 28. Investor presentation, 17 Oct 2026, page 37
  29. 29. Investor presentation, 17 Oct 2026, page 3
  30. 30. Investor presentation, 17 Oct 2026, page 5
  31. 31. Investor presentation, 17 Oct 2026, page 6
  32. 32. Annual report, 25 Jun 2026, page 175
  33. 33. Earnings call, 18 Jul 2026, page 15
  34. 34. Earnings call, 18 Jul 2026, page 13
  35. 35. Earnings call, 18 Jul 2026, page 10
  36. 36. Earnings call, 18 Jul 2026, page 6
  37. 37. Exchange filing, 7 Jul 2026, page 1
  38. 38. Annual report, 25 Jun 2026, page 4
  39. 39. Exchange filing, 7 Jul 2026, page 1

Results

Consolidated; ₹ crore. Total income is interest earned plus other income, fees and treasury gains among it.Axis Bank quarterly results

Total income growth, 12 months
+7.4%
Net profit growth, 12 months
+15.2%

Quarter to Sep 2026, against the quarter before

Total income
₹45,674 Crup 5.70%
Net profit
₹7,666 Crdown 0.06%

Total income by quarter

₹38,959 CrDec 24₹39,958 CrMar 25₹40,401 CrJun 25₹39,770 CrSep 25₹40,898 CrDec 25₹41,143 CrMar 26₹43,213 CrJun 26₹45,674 CrSep 26
Peak total income ₹45,674 Cr, quarter to Sep 2026; lowest ₹38,959 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹6,779 CrDec 24₹7,509 CrMar 25₹6,279 CrJun 25₹5,567 CrSep 25₹7,060 CrDec 25₹7,642 CrMar 26₹7,670 CrJun 26₹7,666 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Total income38,95939,95840,40139,77040,89841,14343,21345,674
Net profit6,7797,5096,2795,5677,0607,6427,6707,666
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Retail Banking - Others₹1,09,746 Crdown 0.62%45.4%
  • Corporate/Wholesale Banking₹52,501 Crup 6.36%21.7%
  • Retail Banking - Digital Banking₹39,656 Crup 15.55%16.4%
  • Treasury₹33,272 Crup 2.84%13.8%
  • Other Banking Business₹6,333 Crup 6.23%2.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Axis Bank PE ratio and valuation

Price to earnings

At or below today's level on 14% of 2,417 trading days over the last 10 years.

LowestHighest
Its median18.91Industry median11.58
Price to book

At or below today's level on 8% of 1,954 trading days since Nov 2018.

LowestHighest
Its median2.12Industry median1.19
Dividend yield

At or below today's level on 40% of 2,471 trading days over the last 10 years.

LowestHighest
Its median0.09%Industry median0.76%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+5.5%−6.3%+12.4%0.1%
3 years+10.7%+34.2%−17.6%0.1%
5 years+10.8%+29.3%−14.4%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Axis Bank shareholding pattern

Shareholding by group

  • Promoters7.86%
  • Foreign institutions41.16%
  • Indian institutions44.54%
  • Individuals and others6.43%
Holder
LIFE INSURANCE CORPORATION OF INDIAPromoter7.86%
NPS TRUST - Through its various SchemesProvident and pension funds3.56%
THE BANK OF NEW YORK MELLONOverseas depositories3.11%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I1.90%
DODGE AND COX INTERNATIONAL STOCK FUNDForeign portfolio investors, category I1.81%
SBI LIFE INSURANCE CO. LTDInsurance companies1.42%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.01 pts, foreign institutions −1.84 pts, Indian institutions +1.85 pts, mutual funds +1.39 pts.

Mutual fund holdings

636 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 218 of the 332 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 636 funds holding Axis Bank

Bought for the first time
4
Bought again
4
Added
207
Cut
125
Held unchanged
294
Sold out
18
Fund
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund5,57,59,3583.37%₹6,836.1 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund5,41,05,4356.11%₹6,633.3 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund3,84,80,7864.08%₹4,717.7 Cr
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund3,36,72,0182.85%₹4,128.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund2,57,84,2304.14%₹3,161.1 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund2,22,40,3515.07%₹2,726.7 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund2,21,25,4382.65%₹2,712.6 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund2,20,15,5425.26%₹2,699.1 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund1,91,22,4363.37%₹2,344.4 Cr
UTI Mutual Fund logoUTI BSE Sensex ETFUTI Mutual Fund1,81,32,4964.08%₹2,223.0 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Axis Bank insider trading

Bought on the market Sold on the market
  • Others0 purchases, 8 salesNo purchase₹1.61 Cr1 more with no value filedNet−₹1.61 Crof the trades with a value170 pledge filings of unclear kind
  • Promoters and promoter group: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Axis Bank competitors and peers

Private Sector Bank, 20 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Axis Bank in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
HDFC Bank logoHDFC BankHDFCBANK10,53,55313.151.75+4.6%+10.7%14.0%–3.86%1.90%
ICICI Bank logoICICI BankICICIBANK9,95,40516.852.43+7.9%+10.8%15.5%2.09%4.20%0.87%
Kotak Mahindra Bank logoKotak Mahindra BankKOTAKBANK4,56,60821.262.35+12.4%+15.6%11.8%2.05%4.68%0.14%
IDBI Bank logoIDBI BankIDBI86,03010.361.19+2.7%−10.6%11.8%2.10%3.54%0.00%
The Federal Bank logoThe Federal BankFEDERALBNK85,98716.571.96+10.6%+31.5%12.8%1.18%3.46%0.35%
IndusInd Bank logoIndusInd BankINDUSINDBK67,63022.541.00−2.3%–4.5%0.16%3.88%0.17%
IDFC First Bank logoIDFC First BankIDFCFIRSTB63,27421.051.28+13.4%+109.2%6.3%0.43%6.22%0.34%
RBL Bank logoRBL BankRBLBANK55,99946.471.29+9.0%+122.7%4.0%0.54%4.52%0.28%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.Axis Bank dividend history

Dividend per share, ₹, restated for later splits and bonuses

5Mar 17Mar 181Mar 19Mar 20Mar 211Mar 221Mar 231Mar 241Mar 251Mar 26
Highest ₹5.00 a share, year to Mar 2017.
Ex-dateTypePer share
10 Jul 2026Final₹1.00
4 Jul 2025Final₹1.00
12 Jul 2024Final₹1.00
7 Jul 2023Final₹1.00
7 Jul 2022Final₹1.00
4 Jul 2019Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Axis Bank announcements

Axis Bank share price by year

Each calendar year to 2025.Axis Bank share price history

YearClose at year endChangeHighest closeLowest close
20251,269.40+19.2%1,290.20948.10
20241,064.70−3.4%1,317.301,024.00
20231,102.30+18.1%1,132.45824.05
2022933.75+37.6%949.75625.55
2021678.55+9.4%845.10623.80
2020620.45−17.7%756.95303.15
2019754.10+21.6%822.80607.95
2018619.90+9.9%660.05492.25
2017563.95+25.3%563.95445.00
2016449.95+0.2%635.90373.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 20261,207.001,220.001,200.001,220.001,210.0637,84,28255.7%
27 Oct 20261,224.801,229.201,205.701,205.701,217.5170,21,22046.4%
26 Oct 20261,217.501,228.001,210.101,220.001,219.8878,26,61064.4%
23 Oct 20261,212.901,223.401,196.901,217.501,207.9180,83,64462.5%
22 Oct 20261,207.201,216.101,200.301,212.001,207.971,00,18,37070.9%
21 Oct 20261,241.001,243.501,206.701,210.001,217.4852,82,12163.3%
19 Oct 20261,264.901,264.901,225.301,236.001,239.051,27,62,07144.1%
16 Oct 20261,290.001,293.401,270.601,290.001,285.7887,67,10570.8%
15 Oct 20261,267.001,293.801,265.701,288.001,286.5787,94,65569.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
23 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
28 Jul 2014Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
N S Vishwanathan
At the end of the quarter to Sep 2026
Managing director and CEO
Amitabh Chaudhry
At the end of the quarter to Sep 2026
NSE symbol
AXISBANK
BSE code
532215
ISIN
INE238A01034
Industry
Banks
Former symbols
UTIBANK
CIN
L65110GJ1993PLC020769
Corporate identity number, the registrar of companies' code for it
Incorporated
1993
Registered office
Trishul, 3rd Floor, Opp Samartheshwar Temple, Law Garden, Ellisbridge, Ahmedabad 380006, Gujarat
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments