Axis Bank Ltd.
Banking · NSE
52-week range
₹1,043 – ₹1,418
From 52w high
-10.6%
RSI (14)
43.8
vs SMA 50 / 200
↓ 50 · ↑ 200
Axis Bank trades at ₹1,268.3, up 9.3% over 12 months, with a trailing PE of 15.03 and ROE of 13.15% — the lowest PE in its 6-stock Banking peer set and below ICICI Bank's ROE of 16.36%. The stock sits above its 200-DMA (₹1,227.63) but below its 50-DMA (₹1,293.7), with RSI at 43.82, and is 10.58% off its 52-week high. Five-year revenue growth is -11.2%, while 5-year earnings growth is +6.4%, reflecting a divergence between top-line and bottom-line trends.
- ✓Lowest PE among Banking peers at 15.03, compared to ICICI Bank at 16.96, HDFC Bank at 17.43, Bajaj Finance at 31.32, and Bajaj Finserv at 30.32 — a notable valuation gap on this metric.
- ✓Forward PE of 10 represents a significant compression from the trailing PE of 15.03, implying consensus earnings growth expectations embedded in current prices.
- ✓Profit margin of 35.41% is the primary driver of a positive earnings growth rate (+6.4% over 5 years) despite declining revenue, indicating cost discipline or improving credit provisions.
- ✓Analyst coverage is broad: mean rating of 1.275 across 40 analysts (1–5 scale, lower = more constructive).
- ✗ROE of 13.15% has exceeded 15% in only 1 of the tracked historical years, and the consistency score stands at 46, ranking 5th of 6 peers — below ICICI Bank (16.36%), Bajaj Finance (17.91%), and HDFC Bank (13.82%).
- ✗Five-year revenue growth of -11.2% represents the most concerning structural data point; even with positive earnings growth, a shrinking revenue base constrains long-run compounding capacity.
- ✗FCF was positive in only 2 of the available years, and the debt trend is flagged as rising; without D/E or capital-adequacy data, the full leverage picture remains opaque.
- ✗The stock has declined 5.26% over the past 3 months and trades below its 50-DMA, while sitting 10.58% below the 52-week high — a period of underperformance relative to its own recent history.
- ·Q4 FY26 and full-year FY26 audited results were published in April 2026; Q3 results coverage also appeared in May 2026, indicating an active earnings reporting cycle with results now in the public domain.
- ·All 3 news items retrieved carry neutral sentiment, consistent with a results-reporting period where market reaction depends on the numbers rather than qualitative news flow.
- ·The 52-week drawdown of 10.58% alongside a 12-month price gain of 9.3% implies the stock reached higher levels earlier in the trailing year before pulling back — a pattern that coincides with the broader 3-month decline of 5.26%.
- ?Does the -11.2% five-year revenue contraction reflect a deliberate strategic shift (e.g., pruning low-quality assets, restructuring the loan book) or an inability to grow the balance sheet competitively?
- ?How have Axis Bank's net interest margin and gross NPA ratios evolved over the past 5 years relative to HDFC Bank and ICICI Bank, and do those trends explain the ROE gap?
- ?The forward PE of 10 versus trailing PE of 15 implies significant earnings growth consensus — what are the key assumptions (credit cost normalisation, fee income recovery, margin expansion) underlying that outlook?
- ?Given that the stock is above its 200-DMA but below its 50-DMA, and RSI is neutral at 43.82, what technical levels (nearest support at ₹1,253.5; resistance at ₹1,304.6) have coincided with prior earnings reaction windows?
PE
15.0
Forward PE
10.0
ROE
+13.2%
Profit margin
+35.4%
D/E
—
Dividend yield
+0.1%
Quality score
50/100
ROE 5y above 15%
1/5 yrs
FCF 5y positive
2/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 10 May 2026.