Moneycontrol PRO

Axis Bank Q4: NPA issues decisively behind, margin and RoE improvement eyed

Axis Bank is a long-term winner and any weakness presents a buying opportunity

April 29, 2022 / 11:24 AM IST
Axis Bank Q4: NPA issues decisively behind, margin and RoE improvement eyed

Representative image

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Axis Bank (CMP: Rs 780, Market cap: Rs 239,455 crore) has delivered a steady quarter with asset quality continuing to improve, loan growth picking up in its target segment, and the deposit profile remaining stable. The spike in cost, although a near-term negative, should give it the right competitive edge in terms of technological prowess. With asset quality issues largely behind, the focus incrementally should be on improving profitability – lift its interest margin which is at a discount...

  • PRO Panorama

    Moneycontrol Pro Panorama | Banking fragility and the heavy hand of the State

    Mar 24, 2023 / 02:00 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Fed's pause a clue to investors, layoffs a sign of structural slowdown in busin...

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender: Between the Fed and a hard place

    Mar 11, 2023 / 11:38 AM IST

    The Fed is caught between combating inflation and worries over a financial mishap

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers