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Finance

Axis Bank Ltd.

Business Summary

Axis Bank Ltd. engages in the provision of financial solutions to retail, small and medium enterprises, government, and corporate businesses. It operates through the following segments: Treasury, Retail Banking, Corporate or Wholesale Banking, and Other Banking Business. The Treasury segment includes investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers and central funding. The Retail Banking segment constitutes lending to individuals or small businesses subject to the orientation, product and granularity criterion and also includes low value individual exposures not exceeding the threshold limit. It also covers liability products, card services, internet banking, ATM services, depository, financial advisory services and NRI services. The Corporate or Wholesale Banking segment involves in corporate relationships, advisory services, placements and syndication, management of public issue, project appraisals, capital market related and cash management services. The Other Banking Business segment includes para banking activities such as third party product distribution and other banking transactions. The company was founded on December 3, 1993 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2020 INRUSD
Revenue800,627.55M11,291.39M
Gross Profit----
Operating income52,696.26M743.18M
Income before tax52,800.44M744.65M
Net income18,531.13M261.34M
EBITDA----
Diluted EPS6.800.09
Dividends Per Share----
Total Assets9,279.31B122,659.14M
Total liabilities8,414.77B111,231.17M
Total equity863,404.29M11,412.95M
Operating cash flow12,750.05M179.81M
Currency in INRCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 513,581.68M 576,005.80M 584,933.83M 702,571.75M 800,627.55M
Gross Profit -- -- -- -- --
Operating income 126,839.06M 59,576.95M 5,825.91M 76,168.19M 52,696.26M
Income before tax 126,899.64M 59,538.10M 5,658.82M 75,920.50M 52,800.44M
Net income 83,496.65M 39,530.28M 4,558.16M 50,385.88M 18,531.13M
EBITDA -- -- -- -- --
Diluted EPS 34.93 16.48 1.86 19.49 6.80
Dividends Per Share 5 5 0 1 --
Total Assets 5,465.61B 6,115.55B 7,038.42B 8,141.35B 9,279.31B
Total liabilities 4,929.64B 5,551.13B 6,395.65B 7,462.48B 8,414.77B
Total equity 535,587.57M 563,803.50M 642,074.09M 678,026.18M 863,404.29M
Operating cash flow 108,938.37M 93,750.32M 119,695.67M 128,946.99M 12,750.05M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 7,844.43M 8,589.78M 9,073.51M 10,044.96M 11,291.39M
Gross Profit -- -- -- -- --
Operating income 1,937.33M 888.45M 90.37M 1,089.00M 743.18M
Income before tax 1,938.26M 887.87M 87.77M 1,085.46M 744.65M
Net income 1,275.32M 589.50M 70.70M 720.38M 261.34M
EBITDA -- -- -- -- --
Diluted EPS 0.53 0.24 0.02 0.27 0.09
Dividends Per Share 0.07 0.07 0 0.01 --
Total Assets 82,534.16M 94,179.58M 107,915.41M 117,522.32M 122,659.14M
Total liabilities 74,440.57M 85,487.56M 98,060.27M 107,722.65M 111,231.17M
Total equity 8,087.69M 8,682.58M 9,844.48M 9,787.45M 11,412.95M
Operating cash flow 1,663.92M 1,398.06M 1,856.72M 1,843.60M 179.81M

Valuation Measures

Mar 2020
PER55.57
ROA0.21%
ROE2.40%
Operating margin6.58%
Profit margin2.31%

Key executives

  • Chief Executive Officer, Director & MD: Amitabh Chaudhry
  • President & Chief Financial Officer: Puneet Sharma
  • Secretary & Compliance Officer: Girish V. Koliyote
  • Chief Credit Officer & Group Executive: Deepak Maheshwari
  • Chief Risk Officer: Amit Vikram Talgeri

Shareholders

  • Life Insurance Corp of India (8.3%)
  • Bain Capital Private Equity LP (4.1%)
  • Dodge & Cox (3.8%)
  • SBI Funds Management Pvt Ltd. (3.3%)
  • ICICI Prudential Asset Management Co. Ltd. (2.6%)
  • The Vanguard Group, Inc. (2.6%)
  • Harris Associates LP (2.2%)
  • HDFC Asset Management Co. Ltd. (Invt Mgmt) (2.1%)
  • Nippon Life India Asset Management Ltd. (Invt Mgmt) (1.9%)
  • Capital Research & Management Co. (World Investors) (1.8%)

Contact Details

  • Website:http://www.axisbank.com
  • Address: C-2 Wadia International Centre, Pandurang Budhkar Marg, Mumbai, 400025, India
  • Phone: +91.22.24252525

Related Companies

  • Axis Capital USA LLC
  • Axis Bank Ltd. Employees Group Gratuity Assurance Scheme
  • Amritsar Central Cooperative Bank Ltd.
  • A.Treds Ltd.
  • Axis Securities Ltd.
  • Freecharge Payment Technologies Pvt Ltd.
  • Palakkad District Cooperative Bank Ltd.
  • Axis Bank Ltd. (Shanghai Branch)
  • Axis Bank Ltd. (DFIC Branch)
  • Axis Bank Ltd. (Colombo Branch)
  • Axis Finance Ltd.
  • Axis Capital Ltd.
  • Accelyst Solutions Pvt Ltd.
  • Axis Bank UK Ltd.
  • Axis Trustee Services Ltd.
  • Axis Mutual Fund Trustee Ltd.
  • Enam Securities Pvt Ltd. /Financial Services Business/
  • Axis & Co.
  • Axis Asset Management Company Limited
  • Axis Bank Ltd. /Private Equity Ops/
  • Axis Bank Ltd. Esop
  • Axis Sales Ltd.
  • Axis Bank Ltd. (Hong Kong Branch)
  • Axis Bank Ltd. (Dubai Branch)
  • Axis Bank Ltd. (Broker)
  • Axis Private Equity Limited
  • Axis Bank Ltd. (Singapore Branch)

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