Axis Bank is the third largest private sector bank in India, offering the entire spectrum of financial services for personal and corporate banking. The bank has established itself as a major player in the Indian banking sector, serving millions of customers across the country through its comprehensive suite of financial products and services.
Axis Bank operates across multiple segments including retail banking, corporate banking, treasury, investment banking, mortgage loans, private banking, wealth management, credit cards, and other financial services. The bank's top products include savings accounts, current accounts, fixed deposits, recurring deposits, debit cards, credit cards, home loans, personal loans, car loans, gold loans, mutual funds, and insurance. Additionally, the bank offers digital banking services such as mobile banking, internet banking, and UPI payments.
Axis Bank maintains a strong presence in the Indian banking sector with over 4,000 branches and 13,000 ATMs across the country. The bank has also established a strong international presence with offices in Singapore, Hong Kong, Dubai, and Colombo. The bank added approximately 500 branches in FY25 and 170 branches in Q4FY25, demonstrating its commitment to expanding its physical network.
As of recent data, Axis Bank has a market capitalization of ₹3,65,196 crores with revenue of ₹1,27,374 crores and profit of ₹28,191 crores. The bank's financial performance has shown resilience and growth across multiple quarters.
Axis Bank reported a net profit of ₹7,117.5 crore in Q4 FY25, representing a marginal decline of 0.2% year-on-year compared to ₹7,129.67 crore recorded in the corresponding quarter of FY24. Net interest income (NII) stood at ₹13,811 crore in Q4 FY25, reflecting a 6% rise compared to ₹13,089 crore reported in the same quarter last year, indicating strong core performance.
- **Net Interest Margin (NIM):** Q4FY25 NIM was 3.97%, up 4 basis points quarter-on-quarter, with FY25 NIM at 3.98%
- **Fee Income:** Fee income grew 12% year-on-year and 16% quarter-on-quarter, with granular fee constituting 94% of overall fees
- **Capital Adequacy:** Overall capital adequacy ratio (CAR) stood at 17.07% with CET 1 ratio of 14.67%
A notable aspect of Axis Bank's Q4 results was the improvement in asset quality. The bank's gross non-performing assets (NPA) reduced to ₹14,490 crore in Q4 FY25 from ₹15,850 crore in the preceding quarter. Net NPA also declined to ₹3,685 crore from ₹3,775 crore quarter-on-quarter. The gross NPA ratio improved to 1.28% from 1.46%, while the net NPA ratio decreased to 0.33% from 0.35%, pointing towards strong asset quality management.
Q4FY25 net credit cost (annualized) was 0.50%, declining 30 basis points quarter-on-quarter, with provisions to average assets at 0.35%, declining 21 basis points quarter-on-quarter.
Axis Bank maintains a strong position in the UPI Payer PSP space with a market share of approximately 32% and continues to be amongst the largest players in Merchant Acquiring business in India with a terminal market share of around 19%. The bank's 'open by Axis Bank' mobile banking app is among the top-rated mobile banking apps on Google Play store and iOS app store with ratings of 4.7 and 4.8 respectively, serving approximately 15 million monthly active users.
The bank's domestic subsidiaries delivered strong performance in FY25 with total PAT of ₹1,768 crores, up 11% year-on-year, generating a return on investments of approximately 46%. Key subsidiaries showed robust growth with Axis Finance FY25 PAT at ₹676 crores (up 11% YoY), Axis AMC's FY25 PAT at ₹501 crores (up 21% YoY), Axis Securities FY25 PAT at ₹419 crores (up 39% YoY), and Axis Capital FY25 PAT at ₹161 crores (up 7% YoY).
Promoter holding in Axis Bank has been relatively low at 7.91% as of March 2025, down from 7.92% as of June 2024, with current promoter holding at 8.18%.
Axis Bank continues to demonstrate its commitment to sustainable growth while maintaining strong operational efficiency and expanding its market presence across India and internationally. The bank's focus on digital transformation, asset quality improvement, and diversified revenue streams positions it well for future growth opportunities in the evolving banking landscape.
