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Axis Bank Valuation Multiples
Discover revenue and EBITDA valuation multiples for Axis Bank and similar public comparables like Fifth Third Bank, Qatar National Bank, Bank Central Asia, Commerzbank and more.
Axis Bank Overview
About Axis Bank
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.
Founded
1993
HQ

Employees
104.5K
Website
Sectors
Financials (LTM)
EV
$74B
Axis Bank Financials
Axis Bank reported last 12-month revenue of $9B.
In the same LTM period, Axis Bank generated $3B in net income.
Revenue (LTM)
Axis Bank P&L
In the most recent fiscal year, Axis Bank reported revenue of $9B and net income of $3B.
Axis Bank expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $9B | XXX | $9B | XXX | XXX | XXX |
| EBIT Margin | 53% | XXX | 53% | XXX | XXX | XXX |
| Net Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Net Margin | 29% | XXX | 33% | XXX | XXX | XXX |
| Net Debt | — | — | $11B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Axis Bank Stock Performance
Axis Bank has current market cap of $46B, and enterprise value of $74B.
Market Cap Evolution
Axis Bank's stock price is $14.68.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $74B | $46B | 0.5% | XXX | XXX | XXX | $0.99 |
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Start Free TrialAxis Bank Valuation Multiples
Axis Bank trades at 8.1x EV/Revenue multiple.
EV / Revenue (LTM)
Axis Bank Financial Valuation Multiples
As of April 20, 2026, Axis Bank has market cap of $46B and EV of $74B.
Equity research analysts estimate Axis Bank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Axis Bank has a P/E ratio of 17.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $46B | XXX | $46B | XXX | XXX | XXX |
| EV (current) | $74B | XXX | $74B | XXX | XXX | XXX |
| EV/Revenue | 8.1x | XXX | 7.9x | XXX | XXX | XXX |
| EV/EBIT | 15.3x | XXX | 15.0x | XXX | XXX | XXX |
| P/E | 17.1x | XXX | 14.8x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 16.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Axis Bank Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Axis Bank Margins & Growth Rates
Axis Bank's revenue in the last 12 month grew by 14%.
Axis Bank's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Axis Bank Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 14% | XXX | (3%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | 46% | XXX | 47% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Axis Bank Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Axis Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Fifth Third Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Qatar National Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Bank Central Asia | XXX | XXX | XXX | XXX | XXX | XXX |
| Commerzbank | XXX | XXX | XXX | XXX | XXX | XXX |
| DNB Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Axis Bank M&A Activity
Axis Bank acquired XXX companies to date.
Last acquisition by Axis Bank was on XXXXXXXX, XXXXX. Axis Bank acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Axis Bank
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAxis Bank Investment Activity
Axis Bank invested in XXX companies to date.
Axis Bank made its latest investment on XXXXXXXX, XXXXX. Axis Bank invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Axis Bank
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Axis Bank
| When was Axis Bank founded? | Axis Bank was founded in 1993. |
| Where is Axis Bank headquartered? | Axis Bank is headquartered in India. |
| How many employees does Axis Bank have? | As of today, Axis Bank has over 104K employees. |
| Who is the CEO of Axis Bank? | Axis Bank's CEO is Amitabh Chaudhry. |
| Is Axis Bank publicly listed? | Yes, Axis Bank is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Axis Bank? | Axis Bank trades under AXISBANK ticker. |
| When did Axis Bank go public? | Axis Bank went public in 1998. |
| Who are competitors of Axis Bank? | Axis Bank main competitors are Fifth Third Bank, Qatar National Bank, Bank Central Asia, Commerzbank. |
| What is the current market cap of Axis Bank? | Axis Bank's current market cap is $46B. |
| What is the current revenue of Axis Bank? | Axis Bank's last 12 months revenue is $9B. |
| What is the current revenue growth of Axis Bank? | Axis Bank revenue growth (NTM/LTM) is 14%. |
| What is the current EV/Revenue multiple of Axis Bank? | Current revenue multiple of Axis Bank is 8.1x. |
| Is Axis Bank profitable? | Yes, Axis Bank is net-income-positive (as of the last 12 months). |
| What is the current net income of Axis Bank? | Axis Bank's last 12 months net income is $3B. |
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