Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Banks - Regional

Axis Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial products and services. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment is involved in investments in sovereign and corporate debt, and equity and mutual funds, as well as in trading operations, derivative trading, and foreign exchange operations. The Retail Banking segment engages in the provision of lending services to individuals/small businesses; liability products; card services, including credit, debit, and forex cards; internet banking, mobile banking, and ATM services; retail term deposits; financial advisory services; NRI and digital banking services; bill payment and wealth management services; and distribution of third-party product, such as life and non-life insurance, mutual funds, government bonds, etc. The Corporate/Wholesale Banking segment offers business lending, corporate advisory, placements and syndication, project appraisals, current and corporate term deposits, payments, trade finance products, letter of credits, bank guarantees, commercial cards, cash management, project appraisals, and capital market related services. The Other Banking Business segment is involved in para banking activities. It also engages in investments, broking, asset management, and trustee service and payment activities; operation of MSME digital invoice discounting platform; and government small saving schemes and pension schemes. The company operates multiple branches; ATMs; and recyclers in India. It also has international offices with branches in Singapore and Dubai, and representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah. The company was formerly known as UTI Bank Limited and changed its name to Axis Bank Limited in July 2007. Axis Bank Limited was incorporated in 1993 and is headquartered in Mumbai, India.

Revenue projections:

Revenue projections for AXISBANK
Revenue projections for AXISBANK

Investors may be wary of AXISBANK as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.

Financial Ratios:

currentRatio 0.00000
forwardPE 11.25271
debtToEquity 0.00000
earningsGrowth -0.06600
revenueGrowth 0.86600
grossMargins 0.00000
operatingMargins 0.48774
trailingEps 90.15000
forwardEps 0.00000

AXISBANK's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.

Price projections:

Price projections for AXISBANK
Price projections for AXISBANK

AXISBANK's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect AXISBANK to continue its positive trajectory.

Recommendation changes over time:

Recommendations trend for AXISBANK
Recommendations trend for AXISBANK


Analysts' buy bias for AXISBANK signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to AXISBANK, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.