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ChangeAxis Bank is one of the most aggressive players in the private sector banking industry having more than tripled its share in non-food credit over the last 9 years from 1% in FY02 to 3.6% in FY12. Axis Bank has set up a network of 9,925 ATMs, the thir... More
Headquartered in Kolkata, Allahabad Bank was established in 1865. The bank had 2.1% share of the total non-food credit and 2.2% share of the total deposits in the banking sector in FY07. The bank has national presence through 2,107 branches and 208 A... More
| AXIS BANK | ALLAHABAD BANK | AXIS BANK/ ALLAHABAD BANK |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 34.4 | -3.7 | - | View Chart |
| P/BV | x | 2.2 | 0.3 | 860.6% | View Chart |
| Dividend Yield | % | 1.0 | 0.0 | - |
 AXIS BANK  ALLAHABAD BANK |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| AXIS BANK Mar-16 |
ALLAHABAD BANK Mar-16 |
AXIS BANK/ ALLAHABAD BANK |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 613 | 109 | 564.3% | |
| Low | Rs | 367 | 41 | 887.9% | |
| Income per share (Unadj.) | Rs | 173.8 | 308.2 | 56.4% | |
| Earnings per share (Unadj.) | Rs | 35.0 | -11.7 | -298.8% | |
| Cash flow per share (Unadj.) | Rs | 82.1 | -40.5 | -202.6% | |
| Dividends per share (Unadj.) | Rs | 5.00 | 0 | - | |
| Avg Dividend yield | % | 1.0 | 0 | - | |
| Book value per share (Unadj.) | Rs | 224.8 | 233.8 | 96.1% | |
| Shares outstanding (eoy) | m | 2,382.83 | 613.80 | 388.2% | |
| Bonus/Rights/Conversions | ESOP | - | - | ||
| Avg Price / Income ratio | x | 2.8 | 0.2 | 1,158.6% | |
| Avg P/E ratio | x | 14.0 | -6.4 | -218.7% | |
| Avg P/CF ratio | x | 9.7 | 1.0 | 953.3% | |
| Avg Price/Bookvalue ratio | x | 2.2 | 0.3 | 679.7% | |
| Dividend payout | % | 14.3 | 0 | - | |
| Avg Mkt Cap | Rs m | 1,167,706 | 46,035 | 2,536.6% | |
| No. of employees | `000 | 50.1 | 24.1 | 207.7% | |
| Total wages & salary | Rs m | 40,193 | 21,484 | 187.1% | |
| Avg. income/employee | Rs Th | 8,259.5 | 7,836.4 | 105.4% | |
| Avg. wages/employee | Rs Th | 801.7 | 890.1 | 90.1% | |
| Avg. net profit/employee | Rs Th | 1,665.4 | -298.2 | -558.4% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Interest income | Rs m | 414,093 | 189,148 | 218.9% | |
| Other income | Rs m | 99,550 | 20,883 | 476.7% | |
| Interest expense | Rs m | 243,442 | 129,851 | 187.5% | |
| Net interest income | Rs m | 170,650 | 59,297 | 287.8% | |
| Operating expense | Rs m | 106,114 | 38,598 | 274.9% | |
| Gross profit | Rs m | 64,537 | 20,700 | 311.8% | |
| Gross profit margin | % | 15.6 | 10.9 | 142.4% | |
| Provisions/contingencies | Rs m | 37,187 | 52,552 | 70.8% | |
| Profit before tax | Rs m | 126,899 | -10,969 | -1,156.9% | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Minority Interest | Rs m | -79 | 0 | - | |
| Prior Period Items | Rs m | 0 | 37 | 0.0% | |
| Tax | Rs m | 43,323 | -3,734 | -1,160.3% | |
| Profit after tax | Rs m | 83,497 | -7,198 | -1,159.9% | |
| Net profit margin | % | 20.2 | -3.8 | -529.8% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Advances | Rs m | 3,446,633 | 1,523,721 | 226.2% | |
| Deposits | Rs m | 3,583,022 | 2,006,244 | 178.6% | |
| Credit/Deposit ratio | x | 96.2 | 75.9 | 126.7% | |
| Yield on advances | % | 8.8 | 9.5 | 92.8% | |
| Cost of deposits | % | 5.2 | 6.1 | 84.3% | |
| Net Interest Margin | % | 3.4 | 2.6 | 131.4% | |
| Net fixed assets | Rs m | 35,738 | 32,664 | 109.4% | |
| Share capital | Rs m | 4,766 | 6,138 | 77.6% | |
| Free reserves | Rs m | 410,694 | 73,810 | 556.4% | |
| Net worth | Rs m | 535,588 | 143,514 | 373.2% | |
| Borrowings | Rs m | 1,044,937 | 148,144 | 705.4% | |
| Investments | Rs m | 1,218,808 | 561,602 | 217.0% | |
| Total assets | Rs m | 5,320,332 | 2,364,602 | 225.0% | |
| Debt/equity ratio | x | 8.6 | 15.0 | 57.6% | |
| Return on assets | % | 1.6 | -0.3 | -515.5% | |
| Return on equity | % | 15.6 | -5.0 | -310.8% | |
| Capital adequacy ratio | % | 15.3 | 10.7 | 142.5% | |
| Net NPAs | % | 0.7 | 6.8 | 10.4% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -310,767 | 18,876 | -1,646.4% | |
| From Investments | Rs m | 92,253 | -1,691 | -5,456.8% | |
| From Financial Activity | Rs m | 190,767 | 10,188 | 1,872.4% | |
| Net Cashflow | Rs m | -27,747 | 27,373 | -101.4% | |
| Indian Promoters | % | 29.5 | 58.9 | 50.1% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 10.0 | 17.9 | 55.9% | |
| FIIs | % | 48.8 | 8.1 | 602.5% | |
| ADR/GDR | % | 3.3 | 0.0 | - | |
| Free float | % | 8.4 | 15.1 | 55.6% | |
| Shareholders | 148,435 | 216,693 | 68.5% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare AXIS BANK With: DHANLAXMI BANK BANK OF INDIA FEDERAL BANK SOUTH IND.BANK ICICI BANK
Compare AXIS BANK With: DEUTSCHE BANK (Germany) WELLS FARGO (US)
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Share markets in India witnessed a sharp fall in the final minutes of trade. At the closing bell, the BSE Sensex closed lower by 266 points. While, the NSE Nifty finished lower by 83 points.
Almost 74% of the watchlist as provided by the bank of Rs 226 billion in FY16 has turned into non-performing assets.
Asset quality woes continue to haunt the Bank's financial performance for the year ended March 2017.
IDFC Bank is taking steps to address contracting NIMs and successfully transition in to a retail bank.
Asset quality will be the key thing to watch out for going forward.
Asset quality was under pressure on account of farm loan waivers. Despite the higher provisioning, the company reported a healthy profit growth of 20%.
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