BALANCE SHEET OF AXIS 20-Mar 19-Mar 18-Mar

BANK (in Rs. Cr.)

12 mths 12 mths 12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 564.34 514.33 513.31

TOTAL SHARE CAPITAL 564.34 514.33 513.31

Revaluation Reserve 0 0 0

Reserves and Surplus 564.34 514.33 513.31

TOTAL RESERVES AND 85,776.09 67,288.29 63,694.10

SURPLUS

TOTAL SHAREHOLDERS FUNDS 85,776.09 67,288.29 63,694.10

Minority Interest 113.56 84.61 69.51

Deposits 642,157.21 550,745.94 455,657.76

Borrowings 155,180.17 161,249.83 155,767.09

Other Liabilities and Provisions 44,080.45 34,162.97 28,001.59

TOTAL CAPITAL AND 927,871.81 814,045.97 703,703.37
LIABILITIES

ASSETS

Cash and Balances with Reserve 84,959.27 35,099.04 35,481.06

Bank of India

Balances with Banks Money at Call 12,840.50 32,905.27 8,429.75

and Short Notice

Investments 155,281.63 174,055.85 153,036.71

Advances 582,958.84 506,656.12 449,843.65

Fixed Assets 4,394.34 4,129.88 4,048.82

Other Assets 87,437.22 61,199.80 52,863.38

TOTAL ASSETS 927,871.81 814,045.97 703,703.37

CONTINGENT LIABILITIES,
COMMITMENTS

Bills for Collection 47,842.76 51,972.86 81,980.13

Contingent Liabilities 925,006.76 758,228.98 706,725.24
 17-Mar 16-Mar

12 mths 12 mths

479.01 476.57

479.01 476.57

0 0

479.01 476.57

55,901.34 53,082.19

55,901.34 53,082.19

61.31 39.05

414,982.68 358,302.19

112,454.76 104,493.73

27,582.92 15,639.47
611,462.01 532,033.21

30,857.95 22,361.16

20,108.17 11,341.65

129,018.35 121,880.78

381,080.26 344,663.32

3,810.23 3,573.76

46,587.05 28,212.54

611,462.01 532,033.21

81,055.36 80,764.78
673,136.35 589,326.23
PROFIT & LOSS 20-Mar 19-Mar 18-Mar
ACCOUNT OF AXIS
BANK (in Rs. Cr.)

12 mths 12 mths 12 mths

INCOME

Interest / Discount on 49,323.30 42,322.58 34,909.73

Advances / Bills

Income from 11,279.34 11,375.66 10,019.98

Investments

Interest on Balance 1,098.71 699.01 391.06

with RBI and Other
Inter-Bank funds

Others 2,014.33 1,646.41 1,293.29

TOTAL INTEREST 63,715.68 56,043.65 46,614.06
EARNED

Other Income 16,341.99 14,188.75 11,862.62

Total Income 80,057.67 70,232.41 58,476.67

EXPENDITURE
Interest Expended 37,995.94 33,883.47 27,603.69

Payments to and 5,819.96 5,989.87 5,414.44

Provisions for
Employees

Depreciation 806.07 737.17 590.58

Depreciation on Leased 0 0 0
Assets

Operating Expenses 11,439.72 9,993.15 8,783.34

(excludes Employee
Cost & Depreciation)

TOTAL OPERATING 18,065.76 16,720.19 14,788.36

EXPENSES

Provision Towards 3,076.88 3,271.12 1,951.55

Income Tax

Provision Towards 324.41 -726.16 -18,469.69

Deferred Tax

Other Provisions and 18,715.93 12,036.69 32,138.73

Contingencies
TOTAL PROVISIONS 22,117.22 14,581.65 15,620.59
AND
CONTINGENCIES

TOTAL 78,178.92 65,185.32 58,012.65

EXPENDITURE

NET PROFIT / LOSS 1,878.75 5,047.09 464.02

FOR THE YEAR

NET PROFIT / LOSS 1,878.75 5,047.09 464.02

AFTER EI & PRIOR
YEAR ITEMS

Minority Interest -25.64 -8.5 -8.21

Share Of Profit/Loss Of 0 0 0
Associates

CONSOLIDATED 1,853.11 5,038.59 455.82

PROFIT/LOSS AFTER
MI AND ASSOCIATES

Profit / Loss Brought 25,117.52 23,554.35 24,881.55

Forward
TOTAL PROFIT / 26,970.64 28,592.94 25,337.37
LOSS AVAILABLE
FOR
APPROPRIATIONS

APPROPRIATIONS

Transfer To / From 406.8 1,169.15 68.92

Statutory Reserve

Transfer To / From 0 0 0
Revenue And Other
Reserves

Dividend and Dividend 0 0 0

Tax for The Previous
Year

Equity Share Dividend 331.86 26.95 1,457.40

Tax On Dividend 0 0 0

Balance Carried Over 25,520.54 26,722.80 23,554.35

To Balance Sheet
TOTAL 26,970.64 28,592.94 25,337.37
APPROPRIATIONS

OTHER ADDITIONAL
INFORMATION

EARNINGS PER
SHARE

Basic EPS (Rs.) 7 20 2

Diluted EPS (Rs.) 7 19 2

 17-Mar 16-Mar

12 mths 12 mths

33,694.64 30,410.19

9,674.97 9,425.85

505.79 296.25

1,299.69 1,276.95
45,175.09 41,409.25

12,421.60 9,954.98

57,596.70 51,364.23
26,789.35 24,344.23

4,742.10 4,019.34

526.67 461.39

0 0

7,456.86 6,130.64

12,725.63 10,611.37

5,188.84 4,406.18

-3,202.06 -73.8

12,127.91 3,718.71
14,114.69 8,051.04

53,629.67 43,006.64

3,967.03 8,357.58

3,967.03 8,357.58

-14 -7.92

0 0

3,953.03 8,349.67

24,002.70 17,789.74
27,955.72 26,139.41

919.82 2,055.92

0 0

0 0

1,444.26 31.26

0 0

24,881.55 24,002.70
27,955.72 26,139.41

15 35

15 35
 Bank Performance Analysis

PROFITABILITY ANALYSIS
Mar-16 Mar-17 Mar-18

Rs in Crore Rs in Crore Rs in Crore

1 Total Assets 52546.62 601467.67 691330
2 Earning Assets
Balances with RBI 10964.29 19398.24 7974
Balances with Banks in Deposit Accounts 0.00 0.00 0
Balances with Banks & money at Call & Short Notice 10964.29 19398.24 7974
Balances with Banks Outside India
Investments + 122006.20 128793.37 153.876.08
Advances + 338773.72 373069.35 439650
Total Earning Assets 482708.50 540659.20 455597.96
3 Interest bearing Liabilities 15108.77 26295.47 26245.45
Saving Deposits 357.967.54 414378.79 453623
Term & Other Deposits
Borrowings 99226.38 105030.87 148016
Subordinated Debt
Total Interest bearing liabilities 114335.15 545705.13 627884.31

Equity Capital 476.57 479.01 513

Reserves 0.00 0.00 0
Total Equity 476.57 479.01 531
5 Interest Income 30410.19 33694.64 34910
6 Interest Expenditure 24344 26789 27604
10 Non-interest operating income 1275 1291 1272
11 Non-interest operating Expenditure 6281 7799 9109
12 Provisions and Contingencies 3710 12117 15473
Provisions and Contingencies include provision for tax 8051.04 14114.69 15620.59
Profit After tax 8358 3967 464

Profitability Ratios
Return on Assets= NI/ TA 15.91% 0.66% 0.07%
Equity Multiplier TA/ TE 110.26 1255.65 1301.18
TE/ TA 0.009069470120057 0.00079640191 0.0007685336
ROE=ROA X EM 1753.69% 828.17% 87.34%

NI/ OR 6.56 3.07 0.36

OR/ TA 0.02 0.00 0.00
TA/ TE 110.26 1255.65 1301.18

(II - IE)/ TA 11.54% 1.15% 1.06%

(OI-OE)/ TA -9.53% -1.08% -1.13%
Provisions/TA 0.07 0.02 0.02
ROA 15.91% 0.66% 0.07%

(II- IE)/E A 1.26% 1.28% 1.60%

EA/ TA 918.63% 89.89% 65.90%
(II - IE)/ TA 11.54% 1.15% 1.06%

NIM 0.12 0.01 0.01

II/ EA 6.30% 6.23% 7.66%
IE/ Intt Bearing Liab 0.21 0.05 0.04
Intt Bearing Liabilities/ EA 0.24 1.01 1.38
Spread -0.15 0.01 0.03

Efficiency ratio= Non intt exp/ (Net Interest Income+Non intt inc 0.04 0.04 0.04

Risk Ratios
Liquidity Risk= Short term securities/ Deposits
Interest Rate Risk = Interest Sensitive Assets/ Interest Sensitive Liabilities
Credit Risk = Provisioning / Assets 0.07 0.02 0.02
Capital Risk = Capital / Assets 0.009069470120057 0.00079640191 0.0007424968
Leverage ratio= Total equity/Total assets 0.009069470120057 0.00079640191 0.0007685336
Total capital ratio= (Total equity + Long-term debt + Reserve for loan
losses)/Total assets 2.18 0.91 0.91
Provision for loan loss ratio= PLL/ TL (provision for loan losses/total
loans and leases) 6.45 0.62 0.64
Loan Ratio = Net loans/ Total assets 0.24 1.01 1.38

Loss Ratio = Net charge-offs on loans (gross charge-offs minus

recoveries)/ Total loans and leases

Reserve Ratio = Reserve for loan losses (reserve for loan losses last
year minus gross charge-offs plus PLL and recoveries)/Total loans
and leases

Nonperforming ratio= Nonperforming assets (nonaccrual loans and

restructured loans)/Total loans and leases

Operating efficiency (cost control)= Wages and salaries/Total

expenses

Volatile liability dependency ratio= (Total volatile liabilities -

Temporary investments)/Net loans and leases

Other Financial Ratios

Tax rate = Total taxes paid/Net income before taxes 0.44 3.05 33.35
Gap ratio = (Interest rate-sensitive assets – Interest rate-sensitive
liabilities)/ Total assets 7.01 -0.01 -0.25
 Analysis and comments
Mar-19 Mar-20

Rs in Crore Rs in Crore
800997 915165

32106 12309
0 0
32106 12309

174969 156734
494798 571424
733978.45 752776.56
33073.12 42157.9
548471 640105

152776 147954

734320.24 830216.97

514 564
0 0
479 477
42323 49323
33883 37996
1621 1991
10376 11211
12031 18534
14581.65 22117.22
5047 1879

0.63% 0.21% Return On Assets: Return on Assets depicts that how much the firm is earning in response
1672.19 1920.32 Equity Multiplier: Equity Multiplier depicts that how much assets of the company or firm
0.0005980176 0.0005207477 Total Equity/ Total Assets: It represents how much of assets is owned by equity. The high
1053.65% 394.22% Return On Equity: It indicates the how much the firm is earning in response to its Equity t
NI/OR: It indicates how much income is generated by the firm in response to its operating r
3.11 0.94 OR/TA: It indicates that how much the total operating sales of the firm in comparison to its
0.00 0.00 TA/TE: Total Asset/Total Equity (Equity Multiplier) depicts that how much assets of the co
1672.19 1920.32 (II-IE)/TA: It represents interest income minus interest expenditure in response to the total
(Operating Income-Operating Expenditure)/Total Assets :It indicates that how well the
1.05% 1.24% Efficiency Ratio:The efficiency ratio is typically used to analyse how well a bank uses its a
-1.09% -1.01% Spread: Spread is the difference between the interest rate that a bank charges a borrower an
 0.02 0.02
0.63% 0.21%

1.15% 1.50%
91.63% 82.26%
1.05% 1.24%

0.01 0.01
5.77% 6.55%
0.05 0.05
1.00 1.10
0.01 0.02

0.04 0.04

0.02 0.02 Liquidity Risk : The liquidity coverage ratio is the requirement whereby banks 

0.0006421126 0.0006166539 Interest rate risk: Interest rate risk refers to the current or prospective risk to th
0.0005980176 0.0005207477 Credit risk: Credit risk refers to the risk of default or non-payment or non-adhe

0.92 0.91 Capital to asset ratio: The capital-to-asset ratio calculates a company's assets a

0.62 0.62 Leverage Ratio: Leverage ratio are used to determine the relative level of debt l
1.00 1.10 Total Capital Ratio: The capital ratio is the percentage of a bank's capital to its

Provision for loan loss ratio: The loan loss reserve is a balance sheet account th

Loan Ratio:The loans to assets ratio measures the total loans outstanding as a p

Loss Ratio: Loss ratio is the total amount of unrecoverable debt when compared

Non Performing Ratio: The nonperforming loan ratio, better known as the NPL

Operating Efficiency Ratio:A bank's operating expenses are in the numerator a

2.38 9.87

0.00 -0.08
much the firm is earning in response to its assets. If we see Axis Bank is earning is almost inconsistent return from its assets from the last 5
much assets of the company or firm is financed by the Equity. The equity multiplier is a ratio that measures a company's financial  leverage,
assets is owned by equity. The higher the ratio it is more beneficial for the firm. In 2020 it less where as in 2016 it was higher which is indi
is earning in response to its Equity the higher the ratio it is more beneficial for a firm. For, Axis Bank it is 394.22% in 2020 in comparison
he firm in response to its operating revenue and the higher the ratio it is beneficial for the firm. For Axis Bank it is -0.94 in year 2020 whic
sales of the firm in comparison to its total assets. The higher the ration the better it will be for the firm. The Axis Bank is consistently decre
epicts that how much assets of the company or firm is financed by the Equity. The equity multiplier is a ratio that measures a company's fin
expenditure in response to the total assets. The positive and higher ratio is good for the firm which simply implies that the firm is generatin
ssets :It indicates that how well the firm is doing in its non- interest income and non- interest expenditure in response to its total assets. For
o analyse how well a bank uses its assets and liabilities internally. Efficiency ratios allows analysts to assess the performance of commercia
te that a bank charges a borrower and the interest rate a bank pays a depositor, since over the years the spread of bank has been in the range
 o is the requirement whereby banks must hold an amount of high-quality liquid assets that's enough to fund cash outflows for 30 days. Liqu
o the current or prospective risk to the bank’s capital and earnings arising from adverse movements in interest rates that affect the bank’s ba
default or non-payment or non-adherence to contractual obligations by a borrower. High credit risk means there is high chances of not recei

ratio calculates a company's assets and capital to determine whether there is enough capital to cover the assets. Higher the ratio, better is the

determine the relative level of debt load that a business has incurred. These ratios compare the total debt obligation to either the assets or eq
percentage of a bank's capital to its risk-weighted assets. Weights are defined by risk-sensitivity ratios whose calculation is dictated under

reserve is a balance sheet account that represents a bank's best estimate of future loan losses.

res the total loans outstanding as a percentage of total assets. The higher the ratio, the more risky a bank may be to higher defaults.
unrecoverable debt when compared to total outstanding debt.

g loan ratio, better known as the NPL ratio, is the ratio of the amount of nonperforming loans in a bank's loan portfolio to the total amount o
ting expenses are in the numerator and its revenue is in the denominator, a lower efficiency ratio means that a bank is operating better. An e
eturn from its assets from the last 5 years.
ures a company's financial  leverage, which is the amount of money the company has borrowed to finance the purchase of assets. For, Centr
s in 2016 it was higher which is indicating that the dependency of assets on equity is decreasing over the year which is not a good indicator
t is 394.22% in 2020 in comparison to 1753.69% in year 2016 which is clearly showing that the firm is not performing well in comparison t
s Bank it is -0.94 in year 2020 which is lower in comparison to the previous 5 years which is not good indicator that the bank is not perform
The Axis Bank is consistently decreasing over the years which is less thus it needs to be improved.
ratio that measures a company's financial  leverage, which is the amount of money the company has borrowed to finance the purchase of as
ply implies that the firm is generating more interest income from its investments than its expenditure on debts in comparison to its assets.
re in response to its total assets. For the year 2020 its -1.01% and over the years its is negative which is showing the expenditure Is more th
ssess the performance of commercial and investment banks.From 2016 to 2020 the efficency ratio is declining and it needs to be improved.
spread of bank has been in the range of 10% (+/-) which indicates that there is a stability in the earnings of the banks, and it has a stable pos
 und cash outflows for 30 days. Liquidity ratios are similar to the LCR in that they measure a company's ability to meet its short-term financ
terest rates that affect the bank’s banking book positions. Changes in interest rates also affect a bank’s earnings by altering interest rate-sen
ans there is high chances of not receiving payment from borrower. Axis Bank's credit risk is decliing from last 2016-20 which is still a good

 assets. Higher the ratio, better is the position of the bank. During last 5 years Axis Bank's ratio is decreasing which is not a good sign.

t obligation to either the assets or equity of a business.Axis Bank has maintained its ratio which is ideal.
 whose calculation is dictated under the relevant Accord. Basel II requires that the total capital ratio must be no lower than 8% Axis Bank is

k may be to higher defaults.

s loan portfolio to the total amount of outstanding loans the bank holds.When a borrower has not made regular payments.
that a bank is operating better. An efficiency ratio of 50% or under is considered optimal.
ce the purchase of assets. For, Central Bank of India it can be seen that the equity multiplier is increasing over the year which is not a good
e year which is not a good indicator for Axis Bank.
not performing well in comparison to previous years.
ndicator that the bank is not performing well and giving less return every year.

rrowed to finance the purchase of assets.For, Axis Bank it can be seen that the equity multiplier is decreasing over the year which is a good
on debts in comparison to its assets. For Axis Bank it is showing the positive trend over the past 5 years and it is 1920.32 in the year 2020 w
showing the expenditure Is more than the income which can be justifiable in case of banks because most the income is interest income only
clining and it needs to be improved.
of the banks, and it has a stable positiona as of now.
s ability to meet its short-term financial obligations. A good liquidity ratio is anything greater than 1. It indicates that the company is in goo
earnings by altering interest rate-sensitive income and expenses, affecting its net interest income. Central Bank of India is trying to maintain
om last 2016-20 which is still a good sign.

asing which is not a good sign.

st be no lower than 8% Axis Bank is not maintaing its ratios which means bank has more risk weighted assets.

regular payments.
g over the year which is not a good indicator that most of the assets of the firm are not financed by equity.

easing over the year which is a good indicator that most of the assets of the firm are financed by equity.
and it is 1920.32 in the year 2020 which is indicating that Axis Bankperforming level is increasing.
st the income is interest income only but Axis Bank can improve this ratio by increasing the non- operating interest income.
indicates that the company is in good financial health and is less likely to face financial hardships. The higher ratio, the higher is the safety
al Bank of India is trying to maintain it's IRR , which is a good sign.
ting interest income.
higher ratio, the higher is the safety margin that the business possesses to meet its current liabilities. Central Bank of India's liquidity ratios
ntral Bank of India's liquidity ratios are below ideal, which means bank can face difficulty in paying off its short term liability.
f its short term liability.