Axis Bank vs IndusInd Bank: share price, P/E, ROE and financials compared
Axis Bank
IndusInd Bank
Axis Bank and IndusInd Bank at a glance
Axis Bank and IndusInd Bank are both listed in Financial Services. Axis Bank is the larger by market cap, at ₹4.1L Cr against ₹70,922 Cr for IndusInd Bank (5.8 times as large). On valuation, Axis Bank has the lower P/E (13.8× against 23.7×), while IndusInd Bank has the lower price-to-book (1.04× against 1.78×). On returns and margins, Axis Bank has the higher ROE (13.9% against 4.5%). Over three years, Axis Bank has faster 3-year profit growth (+34.6% against −50.7% a year). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | Axis BankAXISBANK | IndusInd BankINDUSINDBK |
|---|---|---|
| Price (₹) | 1,322.90 | 910.25 |
| Market cap (₹ Cr) | 4,11,985 | 70,922 |
| P/E | 13.8× (the lower figure, shaded) | 23.7× |
| P/B | 1.78× | 1.04× (the lower figure, shaded) |
| Dividend yield, trailing | 0.08% | 0.16% |
| ROE | 13.9% (the higher figure, shaded) | 4.5% |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 37.0% (the higher figure, shaded) | 15.7% |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +34.6% (the higher figure, shaded) | −50.7% |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 29,950 | 3,001 |
| 1Y return | +4.4% | +15.3% (the higher figure, shaded) |
| Promoter holding | 7.86% | 15.82% |
Axis Bank vs IndusInd Bank: common questions
Which is bigger, Axis Bank or IndusInd Bank?
By market cap, Axis Bank is bigger at ₹4.1L Cr, against ₹70,922 Cr for IndusInd Bank (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹29,950 Cr for Axis Bank and ₹3,001 Cr for IndusInd Bank.
Which has a lower P/E ratio, Axis Bank or IndusInd Bank?
Axis Bank trades at a P/E of 13.8× and IndusInd Bank at 23.7×. Axis Bank has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Axis Bank or IndusInd Bank?
Axis Bank reports a return on equity of 13.9% and IndusInd Bank 4.5%. Axis Bank has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Axis Bank or IndusInd Bank?
Over the last three years: profit grew +34.6% a year at Axis Bank and −50.7% at IndusInd Bank, so Axis Bank grew profit faster. Past growth doesn’t predict future growth.