AXIS Bank Ltd

Quick check

The five things to look at first. Open one for more.

• DebtHighest safetyRated AAA by 2 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 18% and profit rose 38% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 7.9% of the company, about the same as in Sep 2025.
• ValuationCheap vs its pastThe share trades at 12.7 times its yearly earnings (P/E), cheaper than 88% of the time in the last 5 years. Its usual P/E is about 16.

AXIS Bank Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)12.7 against a typical 12.3: pricier than most peers (1st = cheapest).11th of 20
• Sales growth+17.9% against a typical +16.2% from a year earlier.8th of 20
• Profit growth+37.7% against a typical +34.9% from a year earlier.7th of 19
• Share price, 3 months−1.2% against a typical −5.9%.7th of 20

Exchange filings and their impact on the company.

• 17 Oct 2026AppointmentLow impactNeutralPrice −4.2% on 19 Oct
  Axis Bank named Rahul Shukla as Group Head of Commercial and Bharat Banking from Oct 19, 2026.

  Axis Bank's Board on October 17, 2026 appointed Rahul Shukla as Group Head, Commercial and Bharat Banking with effect from October 19, 2026. He will be part of Senior Management with responsibility to accelerate growth and deepen customer relationships in these businesses. The announcement gives no financial targets, so there is no immediate quantifiable impact on earnings.

  Full analysisFiling
• 17 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice −4.2% on 19 Oct
  Strong Q2 with 39% profit jump, 23% loan growth and cleaner asset quality.

  Axis Bank reported Q2FY27 standalone net profit of Rs 7,003 crore, up 38% from Rs 5,090 crore a year ago, and consolidated profit of Rs 7,705 crore. Interest earned grew about 18% while provisions more than halved to Rs 1,694 crore, and gross and net NPAs improved to 1.16% and 0.35%. Advances grew 23% year-on-year to Rs 13.7 lakh crore and deposits grew over 20% to Rs 14.5 lakh crore, supporting stronger earnings momentum.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Anuranjan Kumar

President, Group Chief Compliance Officer

Bimal Bhattacharyya

President, Group Interim Chief Audit Executive

Amitabh Chaudhry

Chief Executive Officer, Managing Director, Executive Director

Rajeev Mantri

Chief Financial Officer

Arnika Dixit

President - Cards and Wealth Businesses

Avinash Raghavendra

President - Information Technology

Anil Agarwal

Senior Vice President - Head Sustainability and CSR

Sandeep Poddar

Compliance Officer, Company Secretary