Axis Bank Limited (532215) Earnings Call Transcripts

Axis Bank Limited's Latest Earnings Call - Q4 FY2026

For the quarter ended March 31, 2026, Axis Bank reported a net profit of INR 7,071 crores, reflecting a 9% quarter-on-quarter growth but flat year-on-year. Total revenue, driven by net interest income of INR 4,457 crores, saw a 5% increase quarter-on-quarter. Management maintained a cautious outlook amidst global uncertainties, emphasizing a disciplined growth strategy while enhancing asset quality. They signaled confidence in achieving a through-cycle net interest margin (NIM) of 3.8% within 15 to 18 months following the last rate cut, despite current pressures on margins.

Reported metrics

Guidance from management

Management maintained their target for a through-cycle NIM of 3.8% within 15 to 18 months from the last rate cut, indicating confidence in achieving this goal despite current pressures on margins.

What management said

Chintan, there is no day count representation. We simply follow a number of days in the quarter annualized for days in a year. So we have no artificial account convention management as part of our reported NIMs. So the number of days a quarter has, that is what we get annualized. The government securities book follows a 30360 methodology. That is market standard, we follow that for the GST book. So we have no further...

Rikin, thank you for the question. We'll reiterate, we've said we will get to through cycle 380, 15 to 18 months from transmission of last rate cut. That's a consistent comment we've offered. We are not moving away from that commentary.

What analysts pressed on

Analysts expressed concerns regarding the potential impact of rising deposit rates on margins and the sustainability of loan growth amid macroeconomic uncertainties. There were questions about the effectiveness of the provisioning strategy and its implications for future asset quality.

Main topics on the call

• Strong Loan and Deposit Growth — Axis Bank reported total advances growth of 19% year-on-year, with retail disbursements growing 24% year-on-year. Management stated, "We sustained the momentum from the previous quarter with strong all-round growth acros...
• Improved Asset Quality Metrics — The bank's gross non-performing assets (GNPA) ratio improved to 1.23%, down 17 basis points quarter-on-quarter. Management noted, "Our core asset quality metrics remain stable and within our risk ails."
• Cost of Deposits Decline — The cost of deposits decreased by 46 basis points year-on-year, reflecting effective funding strategies. Management highlighted, "Our cost of deposits declined by 46 basis points year-on-year and 4 basis points quarter-o...
• Proactive Provisioning Strategy — The bank voluntarily enhanced its provisioning framework by creating an additional one-time provision of INR 2,001 crores. This was described as a "prudent and precautionary" measure amidst macroeconomic uncertainties.

Read the full Axis Bank Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 23 Axis Bank Limited earnings call transcripts on record, spanning January 22, 2020 to July 18, 2026. Based on this history, Axis Bank Limited reports quarterly. The most recent call on file is dated July 18, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

532215

Exchange

BSE

Country

IN

Sector

Financials

Industry

Banks

Calls on record

23

First call

January 22, 2020

Most recent

July 18, 2026

Reporting cadence

quarterly