Axis Bank Limited · NSE:AXISBANK
Axis Bank — Q4 FY2026 Earnings Presentation
86 slides from Axis Bank's earnings presentation, Apr 25, 2026
Slide 1: Exchange cover letter on results disclosure
AXIS/CO/CS/47/2026-27 April 25, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor 1st Floor, Plot No. C/1, “G” Block P. J. Towers, Bandra-Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Fort, Mumbai – 400 001 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear
Slide 2: Press Release: Financial Results Quarter and Year Ended 31 March 2026
PRESS RELEASE AXIS BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31st MARCH 2026 Strong 6% QOQ growth in deposits and advances, deposit growth aided by healthy 7% QOQ growth in CASA. Q4FY26 PAT at ₹7,071 crores up 9% QoQ, supported by 8% QOQ fee growth and stable asset quality o YO
Slide 3: CEO statement and board approval
Amitabh Chaudhry, MD & CEO, Axis Bank said, “As banking becomes increasingly digital - trust, security and relevance remain foundational. This quarter’s initiatives reflect on our intent to empower customers, invest in partner ecosystems, and strengthen talent and inclusion as enduring growth enable
Slide 4: Q4FY26 Performance at a Glance
Q4FY26 Performance at a Glance • Stable core operating performance o Net Interest Income up 5% YOY, Net Interest Margin (NIM) at 3.62% o Core Operating revenue up 3% QOQ and YOY • Strong deposit growth delivered driving CASA improvement o YOY MEB1 | QAB1 basis, total deposits up 14% | 13%; TD1 up 16
Slide 5: Profit & Loss Account: Period ended 31st March 2026
Profit & Loss Account: Period ended 31st March 2026 Net Interest Income and Net Interest Margin The Bank’s Net Interest Income (NII) for Q4FY26 stood at `14,457 crores up 5% YOY basis. Net Interest Margin (NIM) for Q4FY26 stood at 3.62%. Other Income Fee income for Q4FY26 grew 8% QOQ and 4% YOY to `
Slide 6: Citi India Consumer Business intangibles and tax
referred to as Citi India Consumer Business on a going concern basis. In accordance with an independent valuer’s report, intangibles (excluding goodwill) amounting to ₹8,714.24 crores were recognised in the Bank’s financial statements. Despite retaining access to and business use of these assets, as
Slide 7: Investments, Payments and Digital
such as equities, mutual funds, etc. Out of these, 68% are in Held to Maturity (HTM) category, 17% of investments are Available for Sale (AFS), 14% are in Fair Value through Profit & Loss (FVTPL) category and 1% are investments in Subsidiaries and Associate. Payments and Digital During Q4FY26, the B
Slide 8: Capital adequacy and asset quality
CAR calculation, providing cushion of ~53 bps over the reported CAR. The Book value per equity share increased from `577 as on 31st March 2025 to `657 as on 31st March 2026. Asset Quality As on 31st March 2026, the Bank’s reported Gross NPA and Net NPA levels were 1.23% and 0.37% respectively, as ag
Slide 9: Network and Key Subsidiaries' Performance
Network The Bank’s overall distribution network stands at 6,275 domestic branches and extension counters along with 310 Business Correspondent Banking Outlets (BCBOs) situated across 3,343 centers as at 31st March 2026 compared to 5,876 domestic branches and extension counters, and 234 BCBO’s situat
Slide 10: Financial Performance
` crores Financial Performance Q4FY26 Q4FY25 % Growth FY26 FY25 % Growth Net Interest Income 14,457 13,811 5% 56,048 54,348 3% Other Income 6,023 6,780 (11%) 26,131 25,257 3% - Fee Income 6,561 6,338 4% 24,444 22,504 9% - Trading Income (606) 173 - 1,373 2,059 (33%) - Miscellaneous Income 67 269 (75
Slide 11: Business Performance
` crores As on As on Business Performance st st % Growth 31 March’26 31 March’25 Total Deposits (i)+(ii) 13,35,834 11,72,952 14% (i) CASA Deposits 5,28,912 4,78,188 11% - Savings Bank Deposits 3,44,136 3,11,389 11% - Current Account Deposits 1,84,776 1,66,799 11% CASA Deposits as % of Total Deposits
Slide 12: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “futu
Slide 13: Investor Presentation Quarterly Results Q4FY26
Investor Presentation Quarterly Results Q4FY26 NSE: AXISBANK BSE: 532215 LSE (GDR): AXB
Slide 14: Axis Bank at a glance
Axis Bank at a glance 3rd ~ 54 mn 1,01,300+ 6,275 Axis Bank Employees Branches 1 largest Private Bank in India Customers Traditional Banking Segment Digital Banking Segment Market Share 5.3% 5.0% 5.7% ~ 36% ~ 14% Assets 2 Deposits 2 Advances 2 UPI 3 Credit Cards 4 Profitability 15.15% 3.62% 2.24% 2.
Slide 15: We remain focused on our House of GPS
We remain focused on our House of GPS Identified areas of distinctiveness Sustained, Consistent Financial Outperformance focused on Customer Obsession Deliver world class customer experience led by project ‘Sparsh’ through ‘Sparsh’ and serving the high growth potential RuSu markets Build India’s mos
Slide 16: Consistent Sustained Financial Performance
Consistent Sustained Financial Performance FY19 FY26 Deposits market share 4.3% 5.0% Incremental market Advances market share of 5.6% and share 4.9% 5.7% 6.2% in deposits and Growth advances, respectively, Operating (1) (2) over the period 8% 13% Revenue growth Cons ROA 0.66% 1.46% Return on investm
Slide 17: Building the Areas of Distinctiveness at Axis Bank
Building the Areas of Distinctiveness at Axis Bank ‘Sparsh’ - Delivering world class customer ‘Bharat Banking’ – Driving deeper presence in RuSu Building leadership in Digital with best-in-class experience markets capabilities One of the top-rated Mobile applications NPS (Net Promoter Score) movemen
Slide 18: AXIOM: Building an AI-led, customer-centric bank
AXIOM: Building an AI-led, customer-centric bank Axiom is the Bank’s operating model for responsible, scalable adoption of AI across customer journeys, employee productivity, & core processes Core Philosophy What is the Operating Model? Customer: Central AI Team Reusable Stack AI Program Make every
Slide 19: AXIOM in Action: FY26 Progress at a glance
AXIOM in Action: FY26 Progress at a glance AI-assisted AI-led AI-assisted A Zero Ops 115 Mn+ ~5 Mn 65% sanction letter generation doc services Video KYC Conversational F Collections: Bot-based Customer chat O B Interface for 0.5 Mn+ Sales & Service 1.5 Mn+ calling 10 Mn+ interactions Customers Bot b
Slide 20: Executive Summary
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q4FY26 8
Slide 21: Major highlights for Q4FY26
Major highlights for Q4FY26 Strong 6% growth in deposits and advances, deposit growth aided by healthy 7% QOQ growth in CASA. Q4FY26 PAT at ₹ 7,071 cr up 9% QoQ, supported by 8% QOQ fee growth and stable asset quality • Net Interest Income up 5% YOY, Net Interest Margin (NIM) at 3.62% Stable core op
Slide 22: Key metrics for Q4FY26
Key metrics for Q4FY26 Snapshot (As on 31st March 2026) Deposits Advances Absolute (₹ Cr) QOQ YOY Growth (a) 14% YOY (b) 19% YOY Q4FY26 Q3FY26 FY26 Q4FY26 Q4FY26 FY26 13% YOY Net Interest Income 14,457 14,287 56,048 1% 5% 3% Fee Income 6,561 6,100 24,444 8% 4% 9% Profit & 33% Loss Operating Expenses
Slide 23: Financial Highlights
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q4FY26 11
Slide 24: Deposit and Loan growth performance
Deposit and Loan growth performance All figures in ₹ billion Deposit mix (QAB)1 Segment loan mix YOY QOQ YOY QOQ 12,265 12,336 19% 11,974 6% 13% 2% 11,590 11,397 11,167 10,840 11,048 10,597 10,408 4,129 Corporate 38% 10% 3,751 3,497 (33%) 2,994 3,159 7,492 7,682 TD 7,057 15% 3% 1,472 6,690 6,806 (63
Slide 25: Operating Performance
Operating Performance Operating revenue Operating expense All figures in ₹ Crores 7% 6% YOY QOQ 6% 5% 20,590 20,818 20,369 20,512 20,480 1% - 2% YOY QOQ 10,466 6% 9% (1) 4% 6,779 7,258 6,625 6,226 6,023 9,838 9,303 9,957 9,637 11% 3% 6,876 6,041 6,839 7,352 7% 7% 6,865 13,811 13,560 13,745 14,286 14
Slide 26: Net interest margin trend
Net interest margin trend Advances mix by rate type Cost of Funds MCLR Duration Split (Mar-26) 27% 2% 1% 1M, 3% 0.3 6% % 5.50% 5.43% 5.44% 5.45% 5.46% 5.39% 3M, 1% 5.35% ~ 73% of 5.17% 5.15% loans 5.07% 5.06% 6M, 1% 5.03% floating 61% 12M, 4% 4.75% 1 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25
Slide 27: NIM has seen structural improvement led by multiple drivers
NIM has seen structural improvement led by multiple drivers 1 Improvement in balance sheet mix Reducing share of low yielding 3 Composition reflected through 2 RIDF bonds average1 CASA% Loans and investments as % of total assets 86% 88% 89% 89% 84% 3.5% 2.3% 42.9% 43.6% 42.5% 39.3% 1.5% 37.8% 41,654
Slide 28: Healthy growth in fees; granularity built across segments
Healthy growth in fees; granularity built across our business segments All figures in ₹ Crores Retail Banking fees 2% YOY Retail fee mix 11% QOQ 41% 43% 38% 4,738 4,833 31% 32% 4,269 4,358 4,051 24% 14% 17% 15% 14% 16% 15% TPP Retail Cards & Payments Retail Assets excl cards & Retail Liabilities & o
Slide 29: Operating expenses grew at 6% YOY
Operating expenses grew at 6% YOY Break-up of operating expenses Increase in volume linked and technology cost offset by lower statutory expenses 9% 7% 4% YOY% - 3% 33% 36% 31% % in growth 6% 9%1 207 224 197 4%2 Includes impact Investments Business of Increments in IT Infra ₹9,838 ₹9,637 ₹10,466 vol
Slide 30: Capital and Liquidity Position
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q4FY26 18
Slide 31: Strong capital position with adequate liquidity
Strong capital position with adequate liquidity Bank’s Capital Adequacy Ratio 1.87% 2.16% 19.12% 18.54% 14.67% 14.38% 17.64% 16.63% 17.07% 16.42% 3.72% 3.30% 3.62% 2.40% 2.89% 2.04% 15.40% 15.24% 14.67% 14.38% 14.02% 13.74% CET-1 Mar'25 Accretion Consumption CET-1 Mar'26 Mar-21 Mar-22 Mar-23 Mar-24
Slide 32: Business Segment Performance
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q4FY26 20
Slide 33: Retail Banking
Retail Banking ~51 Mn 4th `6.78 T n Individual Largest issuer of AUM in wealth customers Credit Cards management 8% 4% 55% YOY growth in YOY growth in Share of Retail advances Rural advances Advances1 10% | 11% 40% 74% YOY Growth in SA CASA ratio Share in QAB2 | MEB3 deposits (MEB3) total fee4 1 Sha
Slide 34: The Deposit journey for Axis Bank: three aspects
The Deposit journey for Axis Bank should be looked at from three aspects… 1 2 3 … growing faster than the industry aided by We continue to work on improving the …with controlled movement in cost of deposits granularization, to improve the quality of over the last 12 quarters and… improved acquisitio
Slide 35: Deposit growth led by multiple initiatives across the Bank
…led by multiple initiatives across the Bank Focus on Productivity & Exclusively curated Digital, transformation Premiumization Bharat Banking Partnerships Micro market strategy product propositions SA New to Bank deposits1 up 29% CAGR in Burgundy 38% YOY growth in Salary ~ 21K extensive distributio
Slide 36: Amongst the leading players in India's Wealth Management space
Amongst the leading players in India’s Wealth Management space All figures In ₹ trillion Overall Burgundy AUM has grown strongly 29% CAGR1 14% YOY 6.78 5.92 5.37 3.57 2.61 2.13 1.47 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 13% YOY Burgundy Private AUM ₹2.40 Tn 23% YOY Burgundy Private Client
Slide 37: ₹6.7 trillion Retail loan book remains well diversified
₹6.7 trillion Retail loan book remains well diversified ~ 73% of our retail book is secured (1) Retail book (in ₹ billion) in ₹ Crores Mar-26 QOQ YOY % Prop Home Loans 1,73,580 2% 4% 26% 7% 8% 6% 6% 6% YOY Rural loans 1,02,580 10% 4% 15% MFI loans are ~3.3% of retail loans, of which LAP 87,100 5% 16
Slide 38: Small Business Banking segment
Small Business Banking segment SBB Portfolio (in Cr.) • ₹78,018 crores overall book with Business Loan Well diversified customer base3 (unsecured) book of ₹ 17,854 crores 17% YOY 7% QOQ • ~72% value contribution from Secured products (working capital, overdraft, term loans, etc.) 78,018 21% 12% 66,7
Slide 39: Our bet on 'Bharat' is growing from strength to strength
Our bet on ‘Bharat’ is growing from strength to strength, with a focus on building a distinct model • Drive higher business growth and increase market share in Rural and Semi Urban (RuSu) markets through asset led liability strategy • Lending opportunities in RuSu markets is complementing the Bank’s
Slide 40: Trend in Credit Card issuances
Trend in Credit Card issuances Axis Bank Magnus Credit Card Strong card issuances aided by KTB1 partnerships In million 1.21 1.26 1.24 1.13 1.11 1.10 1.06 1.07 0.96 0.95 0.77 0.79 0.68 Indian Oil Axis Bank Credit Card Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY2
Slide 41: Trend in Card spends and POS terminals
Trend in Card spends and POS terminals ‘GRAB DEALS’, Axis Bank's exclusive shopping platform has scaled up significantly Ranked amongst the largest Merchant Acquiring Bank led by ‘One Axis’ focus, improved product capabilities ₹232 crores GMV (FY26) ~3.6 lakh transactions (FY26) and partnerships Tre
Slide 42: We have a very well distributed branch network
We have a very well distributed branch network Branch presence across categories Axis Virtual Centre Domestic branch network1 7% YOY 6,275 19% 5,876 31% 5,377 4,903 ~4.8 mn 8 4,758 Customer connect 2 Centers 28% 1,591 22% Virtual RMs Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Metro Urban Semi-Urban Rural •
Slide 43: Corporate & Commercial Banking
Corporate & Commercial Banking 38% 24% 33% YOY growth in YOY growth in YOY growth in Corporate loans SME loans Mid Corporate loans 5% 91% 86% YOY growth in Share of corporate Incremental sanctions Transaction Banking Fees advances to clients to A-and above1 (for Q4FY26) rated A-and above 10% | 11% 1
Slide 44: Strong relationship led franchise driving One Axis synergies
Strong relationship led franchise driving synergies across One Axis entities… We have re-oriented the organisation structure in Corporate & Commercial Banking for delivering execution excellence • Segregated the responsibilities of coverage and product groups to ensure sharper focus • Corporate & Co
Slide 45: 91% of the book rated A- and above
…with 91% of the book rated A- and above 91% of the corporate loan book is Corporate Loans Overseas corporate loan book rated A- or better In ₹ Cr YOY QOQ • 86% is India linked based on standard book • 68% of book as on 31.03.2026 is rated AA- & above • 97% is rated A- and above based on standard bo
Slide 46: We have a strong Transaction Banking proposition
We have a strong Transaction Banking proposition Current Account Digital Adoption 82% Current Account customers 11%YOY growth in Current Account, Month registered for internet/mobile banking End Balances (Q4FY26) Foreign LC Market Share2 BBPS Value Market Share 3 Market Share at Market Share at 11.0
Slide 47: Well placed to benefit from a vibrant Corporate Bond market
We remain well placed to benefit from a vibrant Corporate Bond market Placement & Syndication of Debt Issues All figures in ₹ Crores Movement in corporate bonds Amount mobilized / arranged1 Market share and Rank2 25% 1st 1st 1,09,131 1,09,300 17.0% 14% 14% 14.0% 13% 12% 73,808 FY25 FY26 FY25 FY26 48
Slide 48: neo by Axis Bank: Empowering Businesses with Digital Solutions
neo by Axis Bank | Empowering Businesses with Cutting-Edge Digital Solutions from Account Opening to Seamless Web & Mobile Experiences Transformational Impact of Neo reflected in …with a fully digital application that sets new standards for the strong product-market fit supported by Highly rated Mob
Slide 49: Industry-wise Distribution (Top 10)
Industry-wise Distribution (Top 10) All figures in ` Crores Outstanding1 as on 31st Mar’26 Total Rank Advances Investments Non-fund based Sectors Value (in % terms) 1. Financial Companies2 1,09,537 32,859 58,146 2,00,542 13.09% 2. Engineering & Electronics 28,360 - 44,276 72,636 4.74% 3. Power Gener
Slide 50: Business Performance: Commercial Banking
Business Performance Commercial Banking
Slide 51: Strong growth in SBB+SME+MC book
Strong growth in SBB+SME+MC book despite tightening our risk standards All figures in ` Crores 23% 24% 21% 26%1 CAGR2 20% 18% 15% 2,93,147 32% CAGR2 2,36,342 67,969 26% 2,07,456 51,064 CAGR2 in combined MSME, MC and 1,70,458 46,583 20% CAGR2 SBB segment 1,30,321 38,078 1,47,159 26,481 1,18,521 94,04
Slide 52: Commercial Banking
Commercial Banking • One of the most profitable segments of the Bank with high PSL coverage • Data driven credit decisions, simplified products and digitized operations aiding higher business growth SME Advances All figures in ` bn 13% 15% 15% 16% 24% YOY 6% QOQ 87% 85% 85% 84% 1,472 1,185 1,037 894
Slide 53: SME lending
SME lending Book by Loan size Well diversified Geographical mix Well diversified Sectoral mix 2% 9% 18% 26% 10% 26% 15% 13% 28% 17% 19% 8% 15% 16% 29% 8% 2% South 2 West 2 East & others 2% Less than 5 cr 5 cr to 10 cr 2% 3% 7% West 1 North 1 North 2 10 cr to 25 cr More than 25 cr 3% South 1 South 3
Slide 54: Digital Banking
Digital Banking 98% 91% 49% 69% 42% 68% Digital Credit cards New MF SIP New SA Individual RTDs PL disbursed (end-to-end digital) transactions1 issued2 (Q4FY26) volume (Q4FY26) acquisition3 value (Q4FY26) (in Q4FY26) D2C products 250+ 300+ 4.8 ~16 Mn+ 480 4,400+ Services on Employee tool Mobile App 4
Slide 55: Our digital strategy: open by Axis Bank
Our digital strategy: open by Axis Bank Open by Axis Bank – A Fully Digital Bank within the Bank Proprietary, distinctive digital - Distinctive In-house Digital Capability across People, Tech & Processes A native capabilities Acquire New Customers at Scale - 42% of retail individual TDs acquired dig
Slide 56: open by Axis Bank is a one stop solution for digital banking
open by Axis Bank is a one stop solution for all the digital banking needs having: Leadership in technology with several A industry firsts B Distinctive customer experience C We continue tobased scale up Account Aggregator use cases 1st 74% 11.3x ~1.5 m 99.58% of Branch service request YOY growth in
Slide 57: UPI has scaled up to become a key channel
UPI has scaled up tremendously to become a key channel for customer transactions We have developed best-in-class UPI stack that enables us to offer cutting edge customized solutions across SDK, Intent, Collect and Pay offerings apart from new use cases like UPI AutoPay Dedicated IT cloud infrastruct
Slide 58: Asset Quality
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q4FY26 46
Slide 59: GNPA, slippages and credit costs improved YOY
GNPA, slippages and credit costs improved YOY GNPA at 1.23% & NNPA at 0.37% Segmental composition Retail CBG WBG Total 1 1 1 1 66% 66% 90% 70% 1.57% 1.46% 1.40% 1.05% 1.28% 1.23% 1.84% 0.33% 0.45% 0.44% 0.42% 0.37% 0.29% 0.53% 0.62% 1.23% 0.68% 0.37% 0.23% 0.05% Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 GN
Slide 60: Summary of Technical Impact across asset quality parameters
Summary of Technical Impact1 across various asset quality parameters Amount in ₹ Crores Reported Technical Impact1 Reported excluding Technical Impact1 Gross Slippages Gross Slippages Gross Slippages 15000 3.13% 3.50% 15000 1.03% 1.20% 15000 2.10% 2.50% 3.00% 1.00% 2.00% 2.11% 2.11% 2.50% 1.55% 1.51
Slide 61: Detailed walk of NPAs over recent quarters
Detailed walk of NPAs over recent quarters All figures in ₹ Crores Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Gross NPAs - Opening balance A 15,850 14,490 17,765 17,308 17,167 Fresh slippages B 4,805 8,200 5,696 6,007 4,709 Upgradations & Recoveries C 2,790 2,147 2,887 2,872 2,696 Write offs D 3,375 2,778 3
Slide 62: Sustainability
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q4FY26 50
Slide 63: ESG focus continues to have Bank-wide sponsorship
ESG focus continues to have Bank-wide sponsorship Our Purpose Statement: Banking that leads to a more inclusive and equitable economy, thriving community and a healthier planet Steady Performance on Global ESG Benchmarks Latest S&P DJSI ESG Environmental Social Governance Score 2025 - 60 ₹61,348 Cr
Slide 64: Committed to Positive Climate Action and Achieving the SDGs
Committed to Positive Climate Action and Achieving the SDGs In September 2021, the Bank announced commitments aimed at supporting India’s low-carbon and equitable economic transition towards achieving the SDGs and India’s commitments under the Paris Agreement Our Commitment Unit Achievement as on FY
Slide 65: Sparsh, our enhanced Customer Experience program
Sparsh, our enhanced Customer Experience program, simplifies interactions, driving NPS, digitization, with a focus on customer loyalty and business growth NPS Digital Enablers Inside-out perspective Outside-in perspective Industry-first LIVE initiatives (Kantar Retail Bank Survey) NPS (Net Promotor
Slide 66: Subsidiaries' Performance
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q4FY26 54
Slide 67: Continue to create significant value in key group entities
Continue to create significant value in our key group entities One Axis Group Investment Banking Consumer Retail Fintech Asset Management Trustee TReDS platform Insurance & Inst Equities focused NBFC Brokerage platform Among the prominent MF Among the leaders in AAA rated NBFC with Amongst the leadi
Slide 68: Axis Finance: PAT up 19% YOY
Axis Finance : PAT up 19% YOY, Retail + MSME book up 30% YOY All figures in ₹ Crores Healthy Assets Under Finance (AUF) growth Robust operating and asset quality metrics Book Highlights 30% CAGR3 19% YOY CAGR1 YOY AUF 29% 22% 31% CAGR3 19% YOY 47,692 Retail + MSME 44% 30% 1,507 39,079 4,320 86% of t
Slide 69: Axis AMC: PAT up 19% YOY
Axis AMC : PAT up 19% YOY All figures in ₹ Crores 13% CAGR1 Overall QAAUM 12% YOY AAUM Asset by Class 20% CAGR2 Trend in PAT 19% YOY 3,59,601 3,21,506 8% 5% 18% 2,59,818 2,74,265 2,41,415 596 1,96,549 501 415 414 357 17% 242 52% Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 FY21 FY22 FY23 FY24 FY25 FY26
Slide 70: Axis Capital: PAT up 61% YOY
Axis Capital : PAT up 61% YOY, Amongst the leader in the Full-Service Investment Banking Investment Banking Highlights Institutional Equities Highlights • Announced Investment Banking transactions across Capital Markets, Private Placement & Advisory in Q4FY26 including 9 ECM & 3 Non-ECM transactions
Slide 71: Axis Securities: 11% YOY growth in customer base
Axis Securities : 11% YOY growth in customer base 14% CAGR1 Total customer base (in mn) 11% YOY Major Highlights 7.09 6.36 • 11% YOY growth in customer base as on 31.03.2026 5.55 4.86 • 49% of the volumes in Q4FY26 was from Mobile trading 4.17 3.63 • 57% of clients traded through Axis Direct Mobile
Slide 72: Axis Trustee: PAT up 89% YOY
Axis Trustee: PAT up 89% YOY All figures in ₹ Crores Assets under Trust 11% YOY Major Highlights 15% CAGR1 • 32% YOY growth in New Business with 49% Share of Total Operating Income • Increased GIFT City linked business volumes led to 35% YOY Growth in Facility Agency 52,84,402 Business 47,44,704 39,
Slide 73: Invoicemart setting a new benchmark in TReDS
Invoicemart setting a new benchmark in TReDS • A.TREDS Ltd digital invoice discounting platform ‘Invoicemart’ has set a new benchmark by facilitating financing of MSME Progress so far (Jul’17 to Mar’26) invoices of more than ₹2,78,000 crs+ Throughput • Invoicemart has helped in price discovery for M
Slide 74: FreechargeBiz: Demerger Completed
FreechargeBiz: Demerger Completed; Focus on Integration, Stabilisation, and Scaling Lending & Financial Services BC - Merchant Business BC - Consumer Payments & Financial Services • Continue to scale Micro Loans (unsecured business loan) – grew 59% in • Microfinance (MFI) business continues to scale
Slide 75: Other Important Information
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q4FY26 63
Slide 76: Awards and recognitions
Our winning mindset is reflected in multiple awards and recognitions… Won “Infosys Finacle Innovation Award 2025”, for Maximizing Customer Engagement – Neo for Won “Digital Innovation in Banking Corporates, Business Model Burgundy Private Won ‘Best Digital (MSME) for Merchant Cash Advance Won “11th
Slide 77: Shareholding Pattern (as on Mar 31, 2026)
Shareholding Pattern (as on Mar 31, 2026) Life Insurance Corporation Others 7.88% 6.24% Foreign Institutional GDR's Investors 3.20% 40.71% Indian Institutions 41.97% ▪ Share Capital `622 crores ▪ Shareholders’ Funds `204,194 crores ▪ Book Value Per Share `657 ▪ Diluted EPS (Q4FY26) (Annualised) `91.
Slide 78: Financial Performance (₹ crores)
Financial Performance Financial Performance (₹ crores) Q4FY26 Q4FY25 % Growth FY26 FY25 % Growth Interest Income A 32,724 31,243 5% 1,27,032 1,22,677 4% Other Income B = C+D+E 6,023 6,780 (11%) 26,131 25,257 3% - Fee Income C 6,561 6,338 4% 24,444 22,504 9% - Trading Income D (606) 173 - 1,373 2,059
Slide 79: Financial Performance ($ mn)
Financial Performance Financial Performance ($ mn) Q4FY26 Q4FY25 % Growth FY26 FY25 % Growth Interest Income A 3,451 3,294 5% 13,395 12,936 4% Other Income B = C+D+E 635 715 (11%) 2,755 2,663 3% - Fee Income C 692 668 4% 2,578 2,373 9% - Trading Income D -64 18 - 145 217 (33%) - Miscellaneous Income
Slide 80: Balance Sheet
Balance Sheet Balance Sheet As on 31st Mar’26 As on 31st Mar’25 As on 31st Mar’26 As on 31st Mar’25 % Growth CAPITAL AND LIABILITIES In ` Crores In ` Crores in $ Mn in $ Mn Capital 622 619 66 65 0.3% Reserves & Surplus 2,03,572 1,77,997 21,466 18,769 14% ESOP Outstanding 1,342 1,108 142 117 21% Depo
Slide 81: Legacy asset quality issues adequately addressed
Legacy asset quality issues adequately addressed Overall Credit Costs: FY12 to FY26 3.57% Trend in BB corporate book 3.53% (Fund based as % of GCA) 7.29% Credit Cost 2.82% Net Credit Cost 2.78% 15 year rolling 2.15% average (FY12-26) 1.91% 1.32% 1.87% 1.70% 0.14% 1.89% Jun'16 Mar'19 Mar'26 1.56% 1.6
Slide 82: Limited restructuring, largely secured and well provided
Limited restructuring, largely secured and well provided All figures in ₹ Crores Bank’s Net NPA1 and Fund based BB and Below 1 portfolio Update on restructured book PCR (excluding technical write offs) at 70%; net NPA at 0.37% Outstanding Covid (1+2) restructuring as on 31.03.2026 Implemented 75% 71
Slide 83: Summary of Technical Impact across asset quality parameters
Summary of Technical Impact across various asset quality parameters 1 Reported Excl. Technical Impact Q4FY26 Q3FY26 Q2FY26 Q1FY26 Q4FY26 Q3FY26 Q2FY26 Q1FY26 Particulars ₹ Crores % ₹ Crores % ₹ Crores % ₹ Crores % ₹ Crores % ₹ Crores % ₹ Crores % ₹ Crores % Gross Slippage 4,709 1.63% 6,007 2.11% 5,6
Slide 84: Summary of Technical Impact across asset quality parameters
Summary of Technical Impact across various asset quality parameters 1 Technical Impact Particulars Q4FY26 Q3FY26 Q2FY26 Q1FY26 ₹ Crores % ₹ Crores % ₹ Crores % ₹ Crores % Gross Slippage 1,240 0.43% 1,699 0.60% 1,512 0.56% 2,709 1.03% - WBG 122 75 102 234 - CBG 184 257 210 310 - Retail 934 1,367 1,20
Slide 85: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “futu
Slide 86: Thank You
Thank You Quarterly Results Q4FY26 74