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Axis Bank (NSE:AXISBANK) Net Margin % : 36.00% (As of Mar. 2024)


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What is Axis Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Axis Bank's Net Income for the three months ended in Mar. 2024 was ₹75,990 Mil. Axis Bank's Revenue for the three months ended in Mar. 2024 was ₹211,089 Mil. Therefore, Axis Bank's net margin for the quarter that ended in Mar. 2024 was 36.00%.

The historical rank and industry rank for Axis Bank's Net Margin % or its related term are showing as below:

NSE:AXISBANK' s Net Margin % Range Over the Past 10 Years
Min: 1.47   Med: 16.97   Max: 34.51
Current: 34.51


NSE:AXISBANK's Net Margin % is ranked better than
75.24% of 1458 companies
in the Banks industry
Industry Median: 25.1 vs NSE:AXISBANK: 34.51

Axis Bank Net Margin % Historical Data

The historical data trend for Axis Bank's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axis Bank Net Margin % Chart

Axis Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 16.60 27.58 17.33 34.45

Axis Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.56 33.99 33.70 34.14 36.00

Competitive Comparison of Axis Bank's Net Margin %

For the Banks - Regional subindustry, Axis Bank's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axis Bank's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Axis Bank's Net Margin % distribution charts can be found below:

* The bar in red indicates where Axis Bank's Net Margin % falls into.



Axis Bank Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Axis Bank's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=263862/765986.2
=34.45 %

Axis Bank's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=75990.4/211088.6
=36.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Axis Bank  (NSE:AXISBANK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Axis Bank Net Margin % Related Terms

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Axis Bank (NSE:AXISBANK) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Marg, Axis House, C-2, Wadia International Centre, Worli, Mumbai, MH, IND, 400 025
Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. A plurality of the bank's loan and advances comes from its corporate customers, while a plurality of its fee income comes from its retail customers.

Axis Bank (NSE:AXISBANK) Headlines

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