AXBKY (Axis Bank) ROE %: 14.20% (As of Mar. 2026) — 74% Above Median


What is Axis Bank ROE %?

Axis Bank AXBKY 74 ROE % is 14.20% as of Mar. 2026, which is 74% above its 10-year median of 8.18. GuruFocus rates AXBKY with a GF Score™ of 74/100. The stock has 7 warning signs investors should review. Among 1,523 Banks companies, Axis Bank ranks better than 70.91% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Axis Bank's annualized net income for the quarter that ended in Mar. 2026 was $3,276.35 Mil. Axis Bank's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $23,074.05 Mil. Therefore, Axis Bank's annualized ROE % for the quarter that ended in Mar. 2026 was 14.20%.

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

AXBKY' s ROE % Range Over the Past 10 Years
Min: 0.76   Med: 8.18   Max: 18.4
Current: 13.16

During the past 13 years, Axis Bank's highest ROE % was 18.40%. The lowest was 0.76%. And the median was 8.18%.

AXBKY's ROE % is ranked better than
70.91% of 1523 companies
in the Banks industry
Industry Median: 10.22 vs AXBKY: 13.16

Axis Bank  (OTCPK:AXBKY) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3276.352/23074.0525
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3276.352 / 9508.04)*(9508.04 / 205263.329)*(205263.329 / 23074.0525)
=Net Margin %*Asset Turnover*Equity Multiplier
=34.46 %*0.0463*8.8959
=ROA %*Equity Multiplier
=1.6 %*8.8959
=14.20 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3276.352/23074.0525
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3276.352 / 3123.176) * (3123.176 / 9508.04) * (9508.04 / 205263.329) * (205263.329 / 23074.0525)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.049 * 32.85 % * 0.0463 * 8.8959
=14.20 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Axis Bank ROE % Related Terms


Axis Bank ROE % Historical Data

* Premium members only.

The historical data trend for Axis Bank's ROE % 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.

Axis Bank ROE % Chart

Axis Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.46 8.40 18.32 15.99 12.69

Axis Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 16.16 13.15 11.09 13.67 14.20

Axis Bank ROE % Competitor Comparison

For the Banks - Regional subindustry, Axis Bank's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Banks Industry

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

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



Axis Bank ROE % Calculation

Axis Bank's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=2842.638/( (21640.368+23167.369)/ 2 )
=2842.638/22403.8685
=12.69 %

Axis Bank's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=3276.352/( (22980.736+23167.369)/ 2 )
=3276.352/23074.0525
=14.20 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.20% mean?
Axis Bank (AXBKY) has a ROE % of 14.20% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Axis Bank and its competitors. This is 74% above median its historical median of 8.18. Over the past decade, Axis Bank's ROE % has ranged from 0.76 to 18.40. According to the industry distribution chart, Axis Bank ranks #443 out of 1523 companies in the Banks industry, placing it in the top 29.1%.
Is Axis Bank's ROE % too high?
Axis Bank's current ROE % of 14.20% is 74% above median its 10-year median of 8.18. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 18.40. The Banks industry median ROE % is 10.22. Axis Bank's value of 14.20% is 38.9% above this industry median. Based on the distribution chart, Axis Bank ranks #443 out of 1523 companies in the Banks industry, which is above the industry midpoint. Overall, Axis Bank has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Axis Bank's ROE % compare to competitors?
According to the Banks industry distribution chart, Axis Bank ranks #443 out of 1523 companies for ROE %. This puts Axis Bank in the upper half of its industry. The industry median ROE % is 10.22. Axis Bank's value of 14.20% is 38.9% above this benchmark. Historically, Axis Bank's own ROE % has ranged from 0.76 to 18.40 over the past decade. While the company's 10-year median is 8.18 vs. the industry median of 10.22, Axis Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axis Bank's current ROE % of 14.20% is 38.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Axis Bank and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axis Bank's current ROE % is 14.20%, which is 74% above median its own 10-year median of 8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axis Bank stock overvalued right now?
Axis Bank (AXBKY) has a current ROE % of 14.20%. The current ROE % is 14.20%, which is 74% above median its 10-year median of 8.18 and 38.9% above the Banks industry median of 10.22. Axis Bank's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Axis Bank (AXBKY), the current ROE % is 14.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Axis Bank Business Description

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, Digital 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. It derives maximum revenue from Retail Banking.