Axis Bank Declares Re 1/Sh Dividend, Rs 55,000 Cr Fund Raising

Axis Bank stock price today ended they day with marginal gain of 0.07% to Rs 1207.30 per share on Bombay Stock Exchange (BSE). The private sector bank recommended a final dividend of Re 1 per equity share of the face value of Rs 2/- each for the financial year ended March 31, 2025. Axis Bank shares witnessed impressive surge of 13.72% in last 1-week. In comparison, Sensex gained 8.06%, BSE BANKEX index rose 9.60%, and BSE Financial Services index rallied 9.73%. The bank has a market capitalisation of Rs 3,73,983.71 crore. Its return on equity stood at 16.02%. Meanwhile, stake of FII/FPI holdings declined from 47.32% to 43.94% for March 2025 quarter. Check key details below:

Axis Bank Recommends Dividend

According to the exchange filing of Axis Bank dated April 24, 2025, “Recommended a final dividend of Re. 1/- per equity share (face value of Rs. 2/- each) i.e., 50% of the face value, for the financial year ended March 31, 2025, subject to approval of the members of the Bank at the ensuing 31st Annual General Meeting (“AGM”) and applicable statutory approval, if any. The dividend, if approved, will be paid within 30 days from the date of conclusion of the AGM.”

Axis Bank Approves Fund Raising

The exchange filing added, “Approved raising of funds by issuance of debt instruments in Indian/Foreign currency including, but not limited to, long term bonds, masala bonds, sustainable/ ESG Bonds (including green bonds), optionally/compulsorily convertible debentures, non-convertible debentures, perpetual debt instruments, AT 1 Bonds, Infrastructure Bonds and Tier II Capital Bonds or such other debt securities as may be permitted under the RBI guidelines from time to time, up to an amount of Rs. 35,000 crores (Rupees thirty-five thousand crores only), in terms of Section 42 of the Companies Act, 2013, the SEBI (Issue and Listing of NonConvertible Securities) Regulations, 2021 and the SEBI Listing Regulations, subject to approval of the members of the Bank.”

It also approved raising of funds by issuance of equity shares/ depository receipts and/or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares including through Qualified Institutions Placement (QIP)/ American Depository Receipts (ADRs)/ Global Depository Receipts (GDRs) program, preferential allotment or such other permissible mode or combinations thereof as may be considered appropriate by the Board, up to an amount of Rs. 20,000 crores (Rupees twenty thousand crores only), in terms of applicable laws, subject to approval of the members of the Bank and statutory/regulatory bodies, as applicable, added the exchange filing.

The board also give nod to raise the borrowing limit to Rs 3 lakh crore.

Axis Bank Shares Performance

The 52-week high price of Axis Bank shares on BSE is Rs 1339.55 per share (as on 12/07/2024) and 52-week low price is Rs 934.00 per share (as on 27/01/2025), respectively. Axis Bank shares shares zoomed 27.31% in last 3-months, gained 13.50% in last 1-year, and surged over 36% in last 2-years. In last 5-years, the bank stock rallied 198.76%.

Axis Bank Q4 Results

The company declared its net profit for Q4FY25 at Rs 7,117 crore, indicating a marginal surge of 0.2% as against Rs 7130 crore reported in Q4FY24. Net interest income surged to 13,811 crore, up 6% for Q4FY25 as compared to Rs 13,089 crore reported in the corresponding quarter of last year. Meanwhile, the net interest margin announced at 3.97% indicating a growth of 4 bps. Provisions jumped 14.7% to 1,359 crore as against 1,185 crore declared in similar quarter of last year. Gross NPAs stood at 1.28% against 1.46% (QoQ).

Meanwhile, FY25 PAT stood at Rs 26,373 crores up 6% YOY, consolidated ROA declared at 1.77%, and consolidated ROE at 16.89%. On the other hand, FY25 operating expense growth moderated to 6.5% and operating profit stood at Rs 42,104 crores, up 13% YOY, according to the exchange filing.

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