Axis Bank (AXISBANK.NS) Financial Statements
Price: $1096.25
Market Cap: $3.39T
Avg Volume: 8.74M
Market Cap: $3.39T
Avg Volume: 8.74M
Country: IN
Industry: Banks - Regional
Sector: Financial Services
Industry: Banks - Regional
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Axis Bank.
Income Statement
| Breakdown | March 31, 2024 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 | March 31, 2019 | March 31, 2018 | March 31, 2017 | March 31, 2016 | March 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $633.99B | $627.66B | $511.98B | $433.56B | $403.78B | $341.57B | $153.54B | $186.79B | $233.01B | $208.93B |
| Cost of Revenue | $-745.90B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $1.38T | $627.66B | $511.98B | $433.56B | $403.78B | $341.57B | $153.54B | $186.79B | $233.01B | $208.93B |
| Gross Profit Ratio | 217.65% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $2.02B | $1.91B | $2.21B | $1.28B | $1.27B | $1.21B | $232.06M | $137.84M | $196.77M | $131.59M |
| Selling and Marketing Expenses | $1.67B | $2.16B | $1.48B | $1.25B | $1.35B | $1.63B | $1.66B | $1.41B | $935.73M | $969.69M |
| Selling General and Administrative Expenses | $3.69B | $4.08B | $3.68B | $2.53B | $2.62B | $2.84B | $1.90B | $1.55B | $1.13B | $1.10B |
| Other Expenses | $762.34B | $-168.21B | $248.24B | $193.55B | $220.30B | $171.10B | $141.26B | $126.43B | $99.98B | $98.82B |
| Operating Expenses | $766.03B | $289.69B | $252.96B | $196.08B | $222.92B | $173.94B | $143.16B | $127.97B | $101.12B | $99.93B |
| Cost and Expenses | $766.03B | $-413.93B | $-247.82B | $-191.75B | $-180.66B | $-167.20B | $143.16B | $127.97B | $101.12B | $99.93B |
| Interest Income | $1.13T | $874.48B | $688.46B | $646.96B | $637.16B | $560.44B | $466.14B | $451.75B | $414.09B | $357.27B |
| Interest Expense | $613.91B | $433.89B | $349.23B | $349.26B | $379.96B | $338.83B | $276.04B | $267.89B | $243.44B | $213.41B |
| Depreciation and Amortization | $13.88B | $131.46B | $10.49B | $9.79B | $8.06B | $7.37B | $5.91B | $5.27B | $4.61B | $4.20B |
| EBITDA | $- | $- | $199.78B | $- | $- | $- | $- | $- | $152.43B | $- |
| EBITDA Ratio | 0.00% | 17.24% | 27.58% | 16.60% | 4.59% | 14.75% | 187.26% | 178.04% | 160.88% | 158.16% |
| Operating Income | $261.57B | $-23.27B | $130.70B | $62.16B | $10.47B | $43.01B | $281.61B | $327.29B | $370.26B | $326.24B |
| Operating Income Ratio | 41.26% | -3.70% | 25.50% | 14.34% | 2.59% | 12.59% | 183.41% | 175.22% | 158.90% | 156.15% |
| Total Other Income Expenses Net | $90.21B | $323.46B | $47.65B | $- | $18.79B | $25.45B | $-275.95B | $-267.75B | $-25.53B | $14.00M |
| Income Before Tax | $351.78B | $186.21B | $189.29B | $97.50B | $52.80B | $75.92B | $5.66B | $59.54B | $126.90B | $112.83B |
| Income Before Tax Ratio | 55.49% | 29.67% | 36.97% | 22.49% | 13.08% | 22.23% | 3.69% | 31.87% | 54.46% | 54.00% |
| Income Tax Expense | $87.54B | $77.69B | $47.65B | $24.98B | $34.01B | $25.45B | $1.02B | $19.87B | $43.32B | $38.35B |
| Net Income | $263.86B | $108.18B | $141.19B | $71.95B | $18.53B | $50.39B | $4.56B | $39.53B | $83.50B | $74.48B |
| Net Income Ratio | 41.62% | 17.24% | 27.58% | 16.60% | 4.59% | 14.75% | 2.97% | 21.16% | 35.83% | 35.65% |
| EPS | $85.62 | $35.20 | $46.04 | $24.19 | $6.83 | $19.61 | $1.86 | $16.54 | $35.12 | $31.56 |
| EPS Diluted | $85.01 | $35.04 | $45.91 | $24.12 | $6.80 | $19.49 | $1.86 | $16.48 | $34.93 | $31.23 |
| Weighted Average Shares Outstanding | 3.08B | 3.07B | 3.07B | 2.97B | 2.72B | 2.57B | 2.45B | 2.39B | 2.38B | 2.36B |
| Weighted Average Shares Outstanding Diluted | 3.10B | 3.09B | 3.08B | 2.98B | 2.72B | 2.58B | 2.45B | 2.40B | 2.39B | 2.39B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | March 31, 2024 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 | March 31, 2019 | March 31, 2018 | March 31, 2017 | March 31, 2016 | March 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.38T | $1.09T | $1.32T | $1.10T | $1.44T | $680.04B | $653.90B | $680.73B | $503.62B | $523.22B |
| Short Term Investments | $-980.00B | $-564.52B | $-1.04T | $-860.21B | $-1.23T | $-308.86B | $- | $- | $- | $- |
| Cash and Short Term Investments | $400.50B | $522.56B | $281.49B | $242.89B | $208.28B | $371.18B | $653.90B | $680.73B | $503.62B | $523.22B |
| Net Receivables | $281.51B | $- | $- | $- | $- | $- | $185.07B | $- | $- | $93.84B |
| Inventory | $- | $-1.48T | $-8.48T | $-7.09T | $-6.58T | $-1.27T | $- | $-834.22B | $-381.50B | $- |
| Other Current Assets | $1.96B | $7.49B | $7.84B | $9.40B | $16.70B | $17.10B | $4.64T | $5.28B | $385.45B | $409.34B |
| Total Current Assets | $683.98B | $522.56B | $281.49B | $242.89B | $208.28B | $371.18B | $5.46T | $800.97B | $595.19B | $617.06B |
| Property Plant Equipment Net | $58.38B | $48.53B | $46.79B | $43.30B | $43.94B | $41.30B | $40.49B | $38.10B | $35.74B | $25.52B |
| Goodwill | $2.89B | $2.89B | $6.58B | $2.89B | $2.89B | $2.89B | $2.93B | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $2.89B | $2.89B | $6.58B | $2.89B | $2.89B | $2.89B | $2.93B | $1.00T | $942.90B | $- |
| Long Term Investments | $2.29T | $2.88T | $2.16T | $1.86T | $1.21T | $1.74T | $1.53T | $1.02T | $928.60B | $1.06T |
| Tax Assets | $- | $-2.83T | $-2.11T | $-1.81T | $-1.16T | $-1.70T | $70.51B | $51.65B | $21.44B | $- |
| Other Non-Current Assets | $-2.35T | $-51.42B | $-49.68B | $-46.19B | $-46.84B | $-44.19B | $-70.51B | $-1.06T | $-964.34B | $-1.08T |
| Total Non-Current Assets | $16.12T | $51.42B | $49.68B | $46.19B | $46.84B | $44.19B | $1.57T | $1.06T | $964.34B | $1.08T |
| Other Assets | $-1.63T | $12.87T | $11.62T | $9.81T | $9.02T | $7.73T | $- | $4.26T | $3.76T | $2.97T |
| Total Assets | $15.18T | $13.44T | $11.96T | $10.10T | $9.28T | $8.14T | $7.04T | $6.11T | $5.32T | $4.67T |
| Account Payables | $36.58B | $40.98B | $46.62B | $38.98B | $34.12B | $47.62B | $32.17B | $20.89B | $26.15B | $20.68B |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $-6.62B | $-1.30B | $-12.47B | $-4.76B | $- | $-17.00B | $-18.63B | $-10.31B | $- |
| Other Current Liabilities | $-36.58B | $-40.98B | $-46.62B | $-38.98B | $-34.12B | $-47.62B | $-32.17B | $-20.89B | $-26.15B | $-20.68B |
| Total Current Liabilities | $4.68T | $40.98B | $46.62B | $38.98B | $34.12B | $47.62B | $32.17B | $20.89B | $26.15B | $20.68B |
| Long Term Debt | $- | $2.06T | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $2.06T | $-1.98B | $-429.50M | $-599.50M | $-899.50M | $-1.39B | $-931.20M | $-1.75B | $- |
| Deferred Tax Liabilities Non-Current | $- | $4.19B | $1.98B | $429.50M | $599.50M | $899.50M | $1.39B | $931.20M | $1.75B | $- |
| Other Non-Current Liabilities | $13.57T | $-4.12T | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $13.57T | $2.06T | $2.00T | $1.52T | $1.55T | $1.61T | $1.55T | $1.16T | $1.08T | $883.31B |
| Other Liabilities | $-4.64T | $10.04T | $8.73T | $7.50T | $6.83T | $5.80T | $4.82T | $4.37T | $3.68T | $3.32T |
| Total Liabilities | $13.61T | $12.14T | $10.77T | $9.07T | $8.41T | $7.46T | $6.39T | $5.55T | $4.78T | $4.22T |
| Preferred Stock | $- | $- | $- | $- | $1.06T | $859.14B | $- | $- | $- | $- |
| Common Stock | $6.17B | $6.15B | $6.14B | $6.13B | $5.64B | $5.14B | $5.13B | $4.79B | $4.77B | $4.74B |
| Retained Earnings | $652.81B | $477.69B | $406.04B | $314.67B | $271.26B | $251.18B | $235.54B | $248.82B | $240.03B | $177.90B |
| Accumulated Other Comprehensive Income Loss | $- | $294.61B | $254.94B | $202.42B | $-49.00B | $-41.84B | $-35.27B | $-30.22B | $-25.40B | $-21.30B |
| Other Total Stockholders Equity | $911.25B | $519.36B | $515.48B | $715.05B | $413.87B | $259.82B | $258.11B | $170.13B | $166.87B | $163.84B |
| Total Stockholders Equity | $1.57T | $1.30T | $1.18T | $1.04T | $863.40B | $678.03B | $642.07B | $563.80B | $535.59B | $449.50B |
| Total Equity | $1.58T | $1.30T | $1.19T | $1.04T | $864.54B | $678.87B | $642.77B | $564.42B | $535.98B | $449.81B |
| Total Liabilities and Stockholders Equity | $15.18T | $13.44T | $11.96T | $10.10T | $9.28T | $8.14T | $7.04T | $6.11T | $5.32T | $4.67T |
| Minority Interest | $4.99B | $3.93B | $2.61B | $1.74B | $1.14B | $846.15M | $695.13M | $613.07M | $390.55M | $311.36M |
| Total Liabilities and Total Equity | $15.18T | $13.44T | $11.96T | $10.10T | $9.28T | $8.14T | $7.04T | $6.11T | $5.32T | $4.67T |
| Total Investments | $2.29T | $2.88T | $2.16T | $1.86T | $1.21T | $1.74T | $1.53T | $1.02T | $928.60B | $1.06T |
| Total Debt | $2.28T | $2.06T | $1.82T | $1.34T | $1.44T | $1.47T | $1.50T | $1.12T | $1.04T | $843.94B |
| Net Debt | $-1.38T | $975.06B | $493.00B | $238.37B | $-7.02B | $788.46B | $842.77B | $443.82B | $541.32B | $320.71B |
Cash Flow Statement
| Breakdown | March 31, 2024 | March 31, 2023 | March 31, 2022 | March 31, 2021 | March 31, 2020 | March 31, 2019 | March 31, 2018 | March 31, 2017 | March 31, 2016 | March 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $263.86B | $185.21B | $188.42B | $96.93B | $52.54B | $75.84B | $5.58B | $59.40B | $126.82B | $112.81B |
| Depreciation and Amortization | $13.88B | $131.46B | $10.49B | $9.79B | $8.06B | $7.37B | $5.91B | $5.27B | $4.61B | $4.20B |
| Deferred Income Tax | $- | $-2.79B | $51.01B | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $5.20B | $2.86B | $1.51B | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-427.28B | $-104.88B | $21.71B | $-136.10B | $83.17B | $195.42B | $-520.77B | $187.92B | $-434.71B | $-250.57B |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-427.28B | $-104.88B | $21.71B | $-136.10B | $83.17B | $-755.47B | $-927.52B | $-378.89B | $-829.47B | $-667.60B |
| Other Non Cash Items | $-1.12T | $8.89B | $8.24B | $155.70B | $160.39B | $92.63B | $125.38B | $69.50B | $-7.49B | $-18.07B |
| Net Cash Provided by Operating Activities | $-1.27T | $220.75B | $281.37B | $126.33B | $304.16B | $371.25B | $-383.90B | $322.09B | $-310.77B | $-151.63B |
| Investments in Property Plant and Equipment | $-23.85B | $-13.89B | $-14.09B | $-9.38B | $-11.04B | $-8.80B | $-8.55B | $-7.74B | $-14.94B | $-5.39B |
| Acquisitions Net | $-3.30B | $-116.03B | $72.50M | $135.50M | $273.43M | $547.23M | $-3.95B | $65.19M | $192.65M | $- |
| Purchases of Investments | $- | $-197.14B | $-500.20B | $-729.14B | $-85.82B | $-178.66B | $-88.09B | $-116.76B | $-176.13B | $- |
| Sales Maturities of Investments | $- | $47.54B | $876.00M | $601.90M | $244.61B | $151.02M | $82.06M | $127.15B | $107.08B | $- |
| Other Investing Activities | $-63.73B | $-47.43B | $241.02B | $195.84B | $-244.61B | $-151.02M | $120.50M | $-116.69B | $107.20B | $-73.74B |
| Net Cash Used for Investing Activities | $-90.88B | $-326.94B | $-272.32B | $-541.95B | $-96.59B | $-186.91B | $-100.47B | $-124.43B | $92.25B | $-79.12B |
| Debt Repayment | $219.86B | $64.35B | $475.29B | $-29.31B | $-60.70B | $54.83B | $339.58B | $-13.93B | $235.18B | $316.54B |
| Common Stock Issued | $5.57B | $3.80B | $2.77B | $101.51B | $152.38B | $1.72B | $88.33B | $3.28B | $3.05B | $4.81B |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-3.08B | $-3.07B | $- | $- | $-3.32B | $-269.49M | $-14.57B | $-14.44B | $-13.37B | $-11.09B |
| Other Financing Activities | $1.21T | $1.32B | $1.23T | $601.90M | $914.40B | $951.03B | $82.06M | $566.80B | $79.19M | $417.03B |
| Net Cash Used Provided by Financing Activities | $1.44T | $66.41B | $478.94B | $72.79B | $88.65B | $56.43B | $413.42B | $-24.87B | $190.77B | $310.45B |
| Effect of Forex Changes on Cash | $868.30M | $3.43B | $1.20B | $-928.14M | $1.74B | $171.44M | $-43.10M | $-152.47M | $-145.88M | $-602.24M |
| Net Change in Cash | $77.85B | $-36.36B | $489.19B | $-343.75B | $297.95B | $240.93B | $-70.55B | $172.63B | $-27.89B | $79.10B |
| Cash at End of Period | $1.16T | $1.09T | $1.12T | $634.24B | $978.00B | $680.04B | $439.11B | $509.66B | $337.03B | $364.92B |
| Cash at Beginning of Period | $1.09T | $1.12T | $634.24B | $978.00B | $680.04B | $439.11B | $509.66B | $337.03B | $364.92B | $285.82B |
| Operating Cash Flow | $489.19B | $220.75B | $281.37B | $126.33B | $304.16B | $371.25B | $-383.90B | $322.09B | $-310.77B | $-151.63B |
| Capital Expenditure | $-23.85B | $-13.89B | $-14.09B | $-9.38B | $-11.04B | $-8.80B | $-8.55B | $-7.74B | $-14.94B | $-5.39B |
| Free Cash Flow | $465.33B | $206.85B | $267.28B | $116.94B | $293.11B | $362.45B | $-392.45B | $314.35B | $-325.71B | $-157.01B |