Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation...
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Axis Bank Ltd. has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Net Interest Income (Rs. Cr.)
Y-o-Y Gr. Rt.33
Y-o-Y Gr. Rt.
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
Y-o-Y Gr. Rt.
Book Value per Share (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
Y-o-Y Gr. Rt.
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)
>1.25 : Very Good
1-1.25 : Somewhat Good
<1 : Not Good
Net Profit/Total Funds (%)
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%): Colour Rating Guide
< 0.5 : Very Good
0.5-1 : Somewhat Good
>1: Not Good
Net NPA to Net Advances (%)
To view Capital Adequacy Ratio Colour Rating Guide click here
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Axis Bank Ltd. should be analysed on a Standalone basis
CAGR Colour Code Guide
Net Interest Income
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
Book Value per Share
Key Financial Ratios
RATIOS \ YEARS
Interest Earned / Total Income
To view Margins Colour Rating Guide click here
Margins: Colour Rating Guide
>2.75 : Very Good
1.75-2.75 : Somewhat Good
<1.75 : Not Good
To view Performance Ratios Colour Rating Guide click here
Performance Ratios: Colour Rating Guide
>15% : Very Good
12%-15% : Somewhat Good
<12% : Not Good
Return on Equity (%)
To view Liquidity Ratio Colour Rating Guide click here
MoneyWorks4Me analysed the past 10-year performance of Axis Bank Ltd. and arrived at the following conclusion:
Past 10 year's financial track record indicates that Axis Bank Ltd. is a good quality company. However, for specific investment actions please connect with your investment advisor.
2. Is current market price of Axis Bank Ltd. a good price to buy it?
The 5-year analysis of Axis Bank Ltd.'s performance infers:
Axis Bank Ltd. earnings have declined by -28.6%, whereas share price has depreciated -0.6% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.
3. What is Axis Bank Ltd. share price return in the past 10 years ?
We analysed the performance of Axis Bank Ltd. share prices over the last 10 years. Here is what we found out:
Axis Bank Ltd. share price has depreciated 5.1% annually over the past ten years.
Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company
Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The share holding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003.
Axis Bank is the third largest private sector bank in India. The Bank has a large footprint of various domestic branches (including extension counters) with huge numbers of ATMs & cash recyclers spread across the country. The overseas operations of the Bank are spread over different international offices with branches at various Cities. The international offices focus on corporate lending, trade finance, syndication, investment banking and liability businesses.
Business area of the bank
The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.
Product and services
Start a SIP
Agri and Rural
Awards and Recognition
Best Debt House in India - Euromoney 2010.
Best Domestic Debt House in India - Asiamoney 2010.
Best Bond House in India - Financeasia 2010.
Best New Private Sector Bank. Rank 2-FE Best Banks Award 2010.
The Best of Asia-Pacific's Biggest Listed Companies- second year in a row - Forbes Fab 50.
The AssetAwards 2010:Best Domestic Bank, India.
Bank of the Year-India -The Banker Awards 2011.
Best Bank in the Private Sector-NDTV Profit Business Leadership Awards 2011.
Best Bank-Outlook Money Awards 2011.
The Best Domestic Bank-India-The Asset Triple A Country Awards 2011.
Most Productive Private Sector Bank-Fl BAC 2011 Banking Awards.
3rd Strongest Bank in Asia -Pacific Region bv Asian Banker.
Bank of the Year-Money Today FPCIL Awards 2012-13.
Best Bank-CNBC-TV18 India's Best Bank and Financial Institution Awards 2012.
Best Bank-Runner Up-Outlook Money Awards 2012.
Consistent Performer-India's Best Banks-2012 Survey by Business Today & KPMG.
2000: Dr.P.J Nayak takes over as Chairman and Managing Director from Shri Supriya Gupta.
2000: Bank adopts Finacle software from Infosys for core banking.
2000: Profits cross Rs 50 crore mark for the first time.
2000: Bank launches its Internet banking module, iConnect Retail loans introduced for the first time by the Bank.
2000: UTI Bank calls off its proposed merger with Global Trust Bank and surges ahead on its own.
2000: Financial Advisory Services offered beginning with marketing of US 64.
2000: E-commerce initiatives announced.
2000: Bank becomes fully networked.
2000: Bank opens its 200th ATM. It becomes the 2nd largest ATM network in the country, a position held even today.
2001: Bank ties up with Govt of Andhra Pradesh for collection of commercial tax.
2001: Bank signs MoU with India Post for introducing value added financial products and services to customers of both organizations, including setting up of UTI Bank ATMs in post offices.
2001: Private placement of 26% stake in the Bank to CDC Capital Partners. UTI holding reduces to 44.88%.
2001: The deposit base for the Bank crosses Rs 10,000 crore.
2001: Total Advances cross Rs 5,000 crore.
2002: The Bank opens an ATM at the Gol Dak-Khana, i.e. the New Delhi GPO, making it the first instance of a commercial bank setting up an ATM at any post-office in the country.
2002: Bank launches Corporate iConnect - the Internet Banking facility for corporates.
2002: Bank signs MoU with BSNL regarding bill collection services across the country through both online and offline channels.
2002: Bank opens its 500th ATM.
2002: Deposits Cross Rs 12,000 crore.
2002: The Bank's 100th branch opens at Tuticorin, Tamilnadu.
2003: Bank inaugurated its ATM at Thegu near the Nathula Pass in Sikkim. This ATM is at the highest altitude in India.
2003: The Bank's ATMs across the country crosses the thousand mark.
2003: Bank launches the Travel Currency Card.
2003: The Bank's Debit Card crosses the one million mark.
2003: Total Advances cross Rs 7,000 crore.
2003: Bank declares a net profit of Rs 192.18 crore for FY03, a growth of 43% over the previous year.
2003: Bank signs Agreement with Employees Provident Fund Organization (EPFO) for disbursement of Pension.
2003: Bank crosses the 800 ATM mark.
2003: Bank wins mandate to set up 14 ATMs at the Western Railway stations along the Mumbai division.
2004: UTI Bank enables premium payment of LIC policies through its ATMs.
2004: Bilateral arrangement between State Bank of India (and its 7 associate member banks) and UTI Bank comes into force with the commencement of operations (as on February 3, 2004) of the combined network of over 4000 ATMs.
2004: UTI Bank (by pursuing a proactive strategy of forging bilateral agreements and being a progressive player in the multi-lateral consortiums for shared ATM network) offers its customers access to over 7000 ATMs across the country - the largest to be offered by any bank in India so far.
2005: UTI Bank wins International Financing Review (IFR) Asia 'India Bond House' award for the year 2005.
2005: UTI Bank extends banking services to the rural milk producers in Anand and Kheda districts in Gujarat.
2005: UTI Bank and Visa International launch Mobile Refill facility - Anytime, Anywhere Pre-Paid Mobile Refill for all Visa Cardholders in India
2005: UTI Bank and Bajaj Allianz join hands to distribute general insurance products.
2005: UTI Bank launches Smart Privilege - a special bank account designed for women.
2005: MTNL ties up with UTI Bank for payment of telephone bills through the Bank's ATM network.
2005: UTI Bank gets listed on the London Stock Exchange, raises US$ 239.30 million through Global Depositary Receipts (GDRs).
2005: UTI Bank appointed by Government of Karnataka as the sole banker for the Bangalore One (B1) project.
2005: UTI Bank launches a powerful version of Kisan Credit Card.
2005: Bank ties up with Remit2India to launch the Remittance Card.
2006: UTI Bank opens Priority Banking Lounge in Pune.
2006: UTI Bank launches operations of UBL Sales, its Sales Subsidiary - Inaugurates its first office in Bangalore.
2006: UTI Bank announces the launch of its Credit Card Business
2006: UTI Bank becomes the first Indian Bank to successfully issue Foreign Currency Hybrid Capital in the International Market.
2006: UTI Bank Business Gold Debit Card MasterCard Launched - Designed for business related spending by SMEs and self employed professionals
2006: UTI Bank announces the scheme of issuance of 'Senior Citizen ID Card' in association with Dignity Foundation.
2006: UTI Bank rolls out its 2000th ATM.
2006: UTI Bank opens Representative Office in Shanghai.
2006: UTI Bank and LIC join hands to launch an Annuity Card for group pensioners of LIC.
2006: UTI Bank ties up with Geojit Financial Services to offer Online Trading service to its customers.
2006: UTI Bank opens its first international branch in Singapore.
2006: UTI Bank and UTI Mutual Fund to launch a new service for sale and redemption of mutual fund schemes through the Bank's ATMs across the country.
2007: UTI Bank successfully raises $1050 million
2007: UTI Bank ties up with Tata Motors Ltd. for Car Loans.
2007: UTI Bank's expansion into Asia supported by FRS.
2007: UTI Bank launches 'Spice Rewards' on the bankcards - India's first-ever merchant-supported rewards program.
2007: UTI Bank opens a Financial Services Category I Branch in the DIFC in Dubai.
2007: UTI Bank ties up with Hyundai Motor India Ltd. for Car Loans.
2007: UTI Bank ties up with IIFCL to provide finance for infrastructural projects in the country.
2007: UTI Bank launches Car Loans in association with Maruti Udyog Ltd.
2007: UTI Bank opens a Full Licence Bank Branch in Hong Kong.
2007: Finance Minister Shri P. Chidambaram Launches Shriram - UTI Bank Co - Branded Credit Card Exclusively For Small Road Transport Operators (SRTOS).
2007: UTI Bank announces the launch of its Meal Card.
2007: UTI Bank announces the launch of its Gift Card.
2007: LIC Premium payment now through UTI Bank Branches.
2007: UTI bank opens Priority Banking branch in Mumbai and Kolkata.
2007: UTI Bank re-brands itself as Axis Bank.
2007: Axis Bank gets AAA National Long-Term Rating from Fitch Ratings.
2007: Axis Bank ties up with Banque Privée Edmond de Rothschild Europe for Wealth Management.
2008: Axis Bank launches Platinum Credit Card, India's first EMV chip based card.
2009: Board of the bank recommended the appointment of Shikha Sharma, head of ICICI Prudential Life Insurance Co. Ltd, as its managing director and chief executive officer.
2010: Axis Bank enters a deal to buy the investment banking and equities units of Enam Securities.
2011: Launches India travel card - India's first and only Indian currency prepaid travel card for foreign nationals.
2012: Reached 2 lakh installed EDC machines- the highest for any bank in India.
2012: Becomes the first Bank in the world to reach $2 billion loading on prepaid Travel CurrencyCards.
2013-Axis Bank voted for Most Trusted Private Sector Bank in the country in the Most Trusted Brands survey 2013 by Brand Equity.
2014: First Indian Private sector Bank set up a branch in china.
2014: Axis Securities launches AxisDirect Investment Kit to help investors manage money simpler.
2014: Axis Bank launches e-surveillance facility at ATM locations.
2014: Axis Bank opens its first 'All Women Branch' at Patna, Bihar.
2015: Axis Bank launches free Wi Fi service at its branches.
2015: Axis Bank Introduces Its Most Premium Banking Service, Burgundy By Axis Bank.
2015: Axis Bank launches tablet-based financial planning app with Max Life Insurance.
2015: Axis Bank launches 'Axis Bank Suvidhaa Prepaid Card'.
2015: Axis Bank launches Secure+ Debit Card.
2015: Axis Bank enables its Mobile Banking customers to seamlessly transact with Apple’s ‘Touch ID’.
2015: Axis Bank and Vistara join hands to introduce cobranded credit card.
2015: Axis Bank opens its representative office in Dhaka to strengthen its International presence.
2016: Axis Bank launches India’s first cobranded multi-currency forex card with INR Wallet.
2016: Axis Bank Launches Thought Factory an Innovation Lab to Drive FinTech Innovation.
2016: Axis Bank & Suvidhaa roll out 'Nano Credit'.
2016: Axis Bank amongst the 1st to launch Bharat Bill Payment System.
2017: Axis Bank and Kochi Metro joined hands to launch India’s first single-wallet contactless, open loop metro card.
2017: Axis Bank and Wells Fargo enter into bilateral arrangement to offer remittance facility to US-based NRI customers.
2017: Axis Bank launches Axis OK - a lite, multilingual, non-data app for basic banking services.
2017: Axis Bank forays into the Super Bike loans segment.
2017: Axis Bank acquires FreeCharge.
2017: Axis Bank included in FTSE4Good Emerging Index.
2017: Axis Bank launches ‘Axis Start-up Social’.
2018: Axis Bank opens IFSC Banking Unit (IBU) at GIFT City Multi-services SEZ.