Banks · NSE: AXISBANK
Intrynsic's multi-model valuation estimates Axis Bank Limited's fair value at ₹813 per share (range ₹813–₹866) against a market price of ₹1,227 - a gap of -33.7% (updated 24 July 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹1,227
close of 24 Jul 2026
Est. fair value
₹813
₹813–₹866
Gap
-33.7%
price vs estimate
Trading ~34% above our estimated fair-value range. Assumptions and per-model workings are below.
Axis Bank is India's third-largest private bank, lending to retail and corporate borrowers and cross-selling cards and wealth products. It acquired Citibank's India retail business in 2023.
Banks · Banks
Over the last 3 years, revenue grew 14.9%/yr and profit grew 34.5%/yr.
Every ₹100 of shareholder money earned ₹12.4 in profit last year, vs a sector median of 12.2%.
Borrowing is core to a lender's business model — judge it on profitability and consistency instead.
The market price is above our estimated fair-value range (based on stated assumptions).
Returns on equity varied by about 2.9 percentage points over the last 5 years — steady.
Intrynsic values Axis Bank Limited with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| P/B + Excess ReturnBank Net Worth Method | ₹813 | -34% | - |
| DDMDividend Discount Method | ₹9 | -99% | - |
| Bank FCFE DCFBank Cash Flow Method | ₹866 | -29% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 23.9% a year for the next decade - versus 17.8% historical revenue growth.
| Revenue | ₹1,32,538 Cr | |
| Net profit | ₹26,548 Cr | |
| EPS | ₹84.89 | |
| Free cash flow | ₹-54,554 Cr | |
| ROE (latest) | 12.4% | |
| Revenue growth (CAGR) | 12.7% | |
| Profit growth (CAGR) | 23.5% |
Intrynsic's multi-model valuation estimates Axis Bank Limited's fair value at ₹813 per share (range ₹813–₹866), last updated 24 July 2026. This is an estimate based on stated assumptions, not investment advice.
Axis Bank Limited trades at ₹1,227 against Intrynsic's estimated fair value of ₹813 - the market price is 34% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Axis Bank Limited trades at about 14.5 times its latest annual earnings per share.
Axis Bank is India's third-largest private bank, lending to retail and corporate borrowers and cross-selling cards and wealth products. It acquired Citibank's India retail business in 2023.
Intrynsic runs 3 valuation models for Axis Bank Limited (P/B + Excess Return, DDM, Bank FCFE DCF) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy