Axis Bank Limited — PPTs, 17-07-2025: Investor Presentation

Here is the financial summary:

**1. Financial Highlights:**

Q1FY26 operating profit rose 14% YoY to ₹11,515 Cr. Net profit (₹5,806 Cr) fell 4% YoY, impacted by a "Technical Adjustment." Net Interest Income (NII) grew 1% YoY; Net Interest Margin (NIM) at 3.80%. Non-interest income surged 25%. Deposits and advances rose 9% and 8% YoY. Adjusted Gross Non-Performing Assets (GNPA): 1.41% (vs. reported 1.57%) and Net Non-Performing Assets (NNPA): 0.36% (vs. reported 0.45%), highlighting stronger underlying asset quality. Capital Adequacy is robust.

**2. Strategic Initiatives & Growth Drivers:**

The bank launched innovative co-branded credit cards and an 'In-App Mobile OTP' for security. It also introduced a pioneering B2B collections solution. Management targets industry-leading growth by leveraging robust digital capabilities and an expanded branch network.

**3. Business Developments:**

Axis Bank acquired ~0.79 million new credit cards. Its 'open by Axis Bank' app boasts ~15 Mn monthly active users, boosting digital engagement. Wealth management AUM grew 6% QoQ to ₹6,29,216 Cr. Key subsidiaries showed steady PAT growth (e.g., Axis Finance +23%).

**4. Market Position & Competitive Advantage:**

Maintains leading ~32% share in UPI Payer PSP and ~19.7% in merchant acquiring. Strategic focus segments (Small Business Banking + Small & Medium Enterprises + Mid-Corporate) now 23% of total loans, showing significant growth. Corporate loan book quality is high, with 90% rated A- and above.

**5. Investor Implications:**

The bank exhibits positive growth potential, supported by healthy credit expansion, strong digital penetration, and strategic partnerships. The "Technical Adjustment" on asset quality should be viewed with adjusted metrics, as underlying health is sound. Consistent subsidiary contributions enhance the positive outlook.