Axis Bank is India’s third-largest private sector bank by assets and market capitalization. Headquartered in Mumbai, it offers a comprehensive suite of banking and financial services across retail, corporate, treasury, and digital segments. With over 5,000 branches and a strong presence in urban, semi-urban, and rural markets, Axis Bank has built a reputation for innovation, customer service, and disciplined credit underwriting. As of January 2026, it remains a core holding for investors seeking exposure to high-quality private banking in India. This article provides a data-driven outlook on the Axis Bank share price target 2026–2030, based on verified financials from Screener.in, Finology, and official disclosures.
Axis Bank: Company Overview
- Founded: 1993
- Managing Director: Shri Amitabh Chaudhry
- NSE Symbol: AXISBANK
- Business Segments: Retail Banking, Corporate/Wholesale Banking, Treasury, Digital & Transaction Banking
- Market Position: Third-largest private sector bank in India; among the top 5 systemically important banks
Axis Bank maintains a robust balance sheet with a capital adequacy ratio (CAR) of 17.07%, gross NPAs below 1.5%, and a healthy CASA ratio of 40.77%. Its leadership in credit cards, auto loans, and SME banking provides durable competitive advantages.
Axis Bank: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹1,298 |
| Market Capitalization | ₹4,03,538.87 Cr |
| No. of Shares Outstanding | 310.52 Cr |
| 52-Week High / Low | ₹1,380 / ₹980 |
| P/E Ratio (TTM) | 16.59 |
| P/B Ratio | 2.12 |
| EPS (TTM) | ₹78.31 |
| Book Value (TTM) | ₹611.70 |
| ROE | 16.04% |
| ROCE | 13.71% |
| Dividend Yield | 0.08% |
| Face Value | ₹2 |
| Net Interest Income | ₹54,347.82 Cr |
| Cost-to-Income Ratio | 47.11% |
| Capital Adequacy Ratio (CAR) | 17.07% |
| Profit Growth (YoY) | 6.08% |
| CASA % | 40.77% |
Axis Bank Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹1,350 – ₹1,480 |
| 2027 | ₹1,430 – ₹1,590 |
| 2028 | ₹1,520 – ₹1,720 |
| 2029 | ₹1,610 – ₹1,860 |
| 2030 | ₹1,700 – ₹2,020 |
Axis Bank Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹1,350 | ₹1,480 |
Axis Bank reported 6.08% YoY profit growth in FY2025, slightly below historical averages due to higher provisioning and margin pressure. However, its asset quality remains strong (Gross NPA: ~1.4%), and CASA mix supports stable funding costs. Trading at a P/E of 16.59 and P/B of 2.12—below its 5-year average—the stock appears fairly valued. A 2026 target range of ₹1,350–₹1,480 assumes a gradual recovery in loan growth and margin stability.
Axis Bank Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹1,430 | ₹1,590 |
If the bank sustains its cost-to-income ratio near 47% and expands its retail loan book, earnings could grow at 12–15% annually. Despite minimal dividends (0.08% yield), its brand strength and digital leadership support investor confidence. Assuming EPS reaches ₹84–₹88 by FY27 and P/E stabilizes at 16.5–17x, the 2027 target range of ₹1,430–₹1,590 is justified.
Axis Bank Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹1,520 | ₹1,720 |
By 2028, benefits from digital transformation, cross-selling, and semi-urban penetration should reflect in sustained earnings growth. With a CAR of 17.07%, the bank can support credit expansion without dilution. A P/E of 17–17.5x on projected EPS of ₹89–₹94 supports the ₹1,520–₹1,720 band.
Axis Bank Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹1,610 | ₹1,860 |
Long-term tailwinds include rising credit penetration, India’s economic growth, and Axis Bank’s leadership in premium retail segments. While competition from HDFC and ICICI remains intense, its agility and risk discipline offer pricing power. Using a P/E of 17.5–18x on FY29 EPS (~₹92–₹98), the 2029 target is ₹1,610–₹1,860.
Axis Bank Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹1,700 | ₹2,020 |
Over a five-year horizon, Axis Bank is likely to remain a premium-quality compounder. If ROE holds above 16% and capital efficiency improves, investor sentiment could strengthen. A terminal P/E of 18–18.5x on FY30 EPS (~₹94–₹103) justifies the ₹1,700–₹2,020 range. Upside is supported by structural growth; downside is limited by fortress-like capital.
Axis Bank: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Domestic Institutional Investors (DII) | 42.65% |
| Foreign Institutional Investors (FII) | 42.57% |
| Promoters | 8.15% |
| Public & Others | 6.63% |
High institutional ownership (85.22% combined) ensures liquidity, analyst coverage, and price stability. Promoter holding is low but stable.
Axis Bank: Strengths vs Risks
Strengths:
- Exceptional asset quality (Gross NPA: ~1.4%)
- Strong capital position (CAR: 17.07%), well above regulatory minimums
- Consistent ROE (~16%) and disciplined underwriting
- Leadership in credit cards, auto loans, and SME banking
- Robust digital infrastructure with over 90% of transactions digital
Risks:
- Elevated provisioning may pressure near-term margins
- Contingent liabilities of ₹5.23 lakh Cr require monitoring
- Minimal dividend payout (0.08% yield) limits income appeal
- Intense competition from HDFC and ICICI in the retail segments
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | Moderate |
| Ideal Time Horizon | 5+ years |
| Volatility | Lower than market average; high liquidity |
| Dividend/Income Potential | Very low (0.08% yield) |
| Best For | Growth-oriented investors seeking high-quality private banking exposure |
FAQs
What is the target price for Axis Bank?
Based on fundamentals and sector trends, the Axis Bank share price target for 2026 is ₹1,350–₹1,480. The 2026–2030 cumulative range is ₹1,350 to ₹2,020.
Is Axis Bank a good stock to buy?
Yes, for long-term portfolios. At a P/E of 16.59 and ROE of 16.04%, it trades at a reasonable valuation relative to peers. Suitable as a core or satellite holding, depending on risk appetite.
Why is Axis Bank’s share price falling?
Recent underperformance stems from:
Slower-than-expected profit growth (6.08% in FY25)
Higher provisioning for potential slippages
Market rotation toward PSU banks offering higher yields
Broader consolidation after a strong rally in 2024–2025
Final Verdict
Axis Bank remains one of India’s most reliable private sector banks. Its combination of strong asset quality, consistent profitability, and strategic focus on high-margin businesses positions it well for long-term compounding.
Our Axis Bank share price target 2026–2030 (₹1,350 to ₹2,020) reflects steady earnings growth, moderate multiple expansion, and sustained investor confidence. While not cheap, it offers reliability in an uncertain macro environment.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – Axis Bank Consolidated Page (FY2025 + TTM)
- Finology Ticker – AXISBANK Financials & Analysis
- Axis Bank Investor Presentation (Q3 FY26, Jan 2026)
- BSE India – Annual Report FY2025
- RBI Guidelines on Capital Adequacy and Asset Classification
