AXISBANK
AXIS BANK LIMITED
Each stock's 10,000-path forecast, rendered as light.
AXIS BANK LIMITED (AXISBANK) Stock Analysis & Case Study
Is AXISBANK a good buy? The data-driven verdict.
AXIS BANK LIMITED (AXISBANK) trades at ₹1,238,on the numbers it screens attractive, a Downstox Snapshot Score of 76/100.
On the numbers, AXIS BANK LIMITED (AXISBANK) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 13.9× earnings, ROE of 13.1%, a 65% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
The Downstox take on AXISBANK
The debate on Axis is whether a private bank earning a respectable but not best-in-class return on equity deserves to trade closer to its sector leaders or stay at this more moderate earnings multiple. The valuation is not demanding, yet the Piotroski score sitting below the halfway mark hints that recent improvements in profitability and asset quality have not been broad or consistent. With almost no dividend, the story rests entirely on reinvested returns compounding. Watch whether the return on equity climbs toward the leaders, or settles as the bank's real ceiling.
Downstox editorial view, written by our own analysts on 23 Jun 2026. The figures quoted were accurate then; see the live ratios above for today's numbers. Information, not investment advice.
AXISBANK fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How AXISBANK ranks against the 2,371 companies in our screener
- AXISBANK's market cap of 3.85L Cr ranks in the top 1% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- AXISBANK's book value of ₹712 ranks in the 94th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- AXISBANK's promoter holding of 7.9% ranks in the bottom 1% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- AXISBANK's 3-year profit (PAT) growth of 35.0% ranks in the 74th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- AXISBANK's 3-year revenue growth of 15.0% ranks in the 63rd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
We do not hold a debt-to-equity ratio figure for AXISBANK, as of 8 Aug 2026, so it is not ranked here.
Is AXISBANK overvalued? AXISBANK P/E vs its Banking
AXISBANK's P/E of 13.9× sits below the Banking peer median of 18.2×, so on earnings it screens cheaper than peers, while its 0.08% dividend yield is below the peer median of 0.17%.
AXISBANK share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of AXISBANK history (8%/yr drift, 23%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| AXISBANK 2027 | ₹995 | ₹1,349 | ₹1,830 | +9% |
| AXISBANK 2028 | ₹954 | ₹1,471 | ₹2,267 | +19% |
| AXISBANK 2029 | ₹952 | ₹1,603 | ₹2,697 | +29% |
| AXISBANK 2030 | ₹959 | ₹1,747 | ₹3,182 | +41% |
| AXISBANK 2031 | ₹964 | ₹1,904 | ₹3,759 | +54% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability AXISBANK goes up, or doubles?
The bull case for AXISBANK
- AXISBANK's P/E of 13.9x is lower than 77% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- AXISBANK's return on equity of 13.1% ranks in the 64th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- A 10,000-path probability model puts a 65% chance the price is higher in a year, with a median target of ₹1,349 (+9%).
- Relatively low volatility (23%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,697.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹952.
AXISBANK volatility & expected range, how bumpy is the ride?
Over the last 9.8 years AXISBANK compounded at 8%/year with annualized volatility of 23%. That volatility implies a 1-year 80% range of ₹995-₹1,830, the honest backbone behind any single price target.
AXISBANK price forecast, the full 60-month probability fan
AXISBANK price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds AXISBANK hits common targets within the simulated horizon?
Full multi-horizon detail on the AXISBANK price target & forecast page.
AXISBANK Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. AXISBANK scores 6/8, mixed financial health.
AXISBANK MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy AXISBANK with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 23.61% | 4.2× |
| Zerodha | 23.10% | 4.3× |
| Groww | 23.13% | 4.3× |
| Dhan | 22.00% | 4.5× |
| Kotak NeoCHEAPEST | 20.08% | 5.0× |
| Paytm Money | 20.50% | 4.9× |
| Pocketful | 26.92% | 3.7× |
| Fyers | 27.78% | 3.6× |
| Anand Rathi | 27.10% | 3.7× |
| Bajaj Broking | 23.00% | 4.3× |
| Share India | 27.17% | 3.7× |
Compare every broker on the AXISBANK MTF page.
AXISBANK vs peers,Banking comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| AXISBANK (this stock) | 13.9× | 0.08% | ₹3.85L Cr |
| HDFCBANK | 14.3× | 1.78% | ₹11.26L Cr |
| ICICIBANK | 18.2× | 0.84% | ₹10.20L Cr |
| SBIN | 12.0× | 1.60% | ₹10.03L Cr |
| KOTAKBANK | 19.4× | 0.17% | ₹3.89L Cr |
| INDUSINDBK | 60.2× | 0.15% | ₹79,627 Cr |
| YESBANK | 19.2× | 0.00% | ₹72,571 Cr |
Fundamentals from Screener.in, as of 8 Aug 2026
About AXIS BANK LIMITED: sector, index & market-cap context
AXIS BANK LIMITED (AXISBANK) is a large-cap NSE-listed company in the Banking sector, and a constituent of the Nifty 50 index, with a market capitalisation of ₹3.85L Cr. See more stocks on our screener.
How the AXISBANK Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of AXIS BANK LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
AXISBANK analysis, FAQs
Is AXIS BANK LIMITED (AXISBANK) a good buy?
On the numbers, AXIS BANK LIMITED (AXISBANK) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 13.9× earnings, ROE of 13.1%, a 65% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is AXISBANK overvalued or undervalued?
AXISBANK trades at 13.9× earnings versus a peer median of 18.2×, so it screens cheaper than its Banking peers.
What is the AXISBANK share price target for 2031?
AXISBANK's probability-weighted 2031 median target is ₹1,904, with an 80% range of ₹964-₹3,759 (10,000-path Monte-Carlo).
What is the probability AXISBANK doubles in 5 years?
The modelled probability of AXISBANK reaching ₹2,476 (2×) within 5 years is 31%.
What is the bull case for AXISBANK?
AXISBANK's P/E of 13.9x is lower than 77% of the 2,371 NSE companies in our screener, as of 8 Aug 2026. AXISBANK's return on equity of 13.1% ranks in the 64th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026. A 10,000-path probability model puts a 65% chance the price is higher in a year, with a median target of ₹1,349 (+9%).
What are the risks in AXISBANK?
No model or past record guarantees future returns, treat this as one input, not a decision.