Axis Bank Ltd.
ABOUT
Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.
KEY POINTS
Market Leadership
The Bank is the 3rd largest private sector bank in India. It is the 4th largest issuer of credit cards and the 2nd largest merchant-acquiring bank in India with an installed capacity of 10 lakh+ terminals, acquiring an incremental market share of 30% in FY22.
Branch Network
During FY22, the Bank added 164 branches to its network. At present, it has a total of ~4,750 branches, 16,900+ ATMs and Cash Deposit/Withdrawal machines, and 145+ SME centres. The region-wise breakup of branches is as follows:
Metro - 30%
Semi-urban - 30%
Urban - 23%
Rural - 17%
Loan Book
Retail loans account for 57% of the bank's loan book and corporate & SME loans account for the rest 43%. The retail segment has increased its share from 41% in FY16 to 57% in FY22.
Retail Book
Home loans account for 36% of retail book, followed by rural loans (14%), LAP, auto loans and personal loans (each 11%), small business banking (7%), credit cards (4%), Comm Equipment (2%) & others (4%).
Market Share
As on 31st March, 2022, the Bank has 5% market share in assets, 4.8% in deposits & 6% in advances in the Traditional Banking Segment. In the Digital Banking Segment, it has a market share of 15% in UPI, 14% in mobile banking and 12% in credit cards circulation in India.
TECHNICAL ANALYSIS.
Time Frame - 1D.
1. Stock breaks the previous swing high.
2. Stock trading at it's 52 Week high.
FUNDAMENTAL ANALYSIS.
Sector: Banks
Industry: Banks - Private Sector
1. Market Cap - ₹ 2,98,092 Cr.
2.Capital Adequacy Ratio - 18.54%
3.Net Interest Margin - 3.47%
4.Gross NPA - 2.82 %
5.Net NPA - 0.73%
6.CASA Ratio - 45%
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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