Axis Bank Net Worth in 2026: The Headline Numbers
Axis Bank trades on the BSE and NSE as AXISBANK with a market cap of approximately ₹4 lakh crore. It was originally listed November 16, 1998 as UTI Bank before rebranding in 2007.
The Unusual Shareholding: 8.14% Promoter Holding
Who Owns Axis Bank?
- SUUTI (Specified Undertaking of UTI) — the largest single promoter entity
- LIC — Life Insurance Corporation of India
- GIC — General Insurance Corporation
- Public-sector insurers — various government insurance entities
- Total promoter: just 8.14% — the remaining 91.86% is institutional and public
Axis Bank was set up in 1993 as UTI Bank — promoted by institutional shareholders rather than a founder family. Over three decades, SUUTI gradually sold down its stake to fund government balance-sheet needs. This leaves no controlling family, making Axis a professionally managed institution with a different accountability profile than ICICI, HDFC or Kotak.
FY26 Financial Performance
FY26 was a year of steady execution for Axis. Total revenue grew to ₹1,32,538 crore. Net profit reached ₹26,548 crore. Q4 FY26 net profit was ₹7,602.63 crore (up 1.71% YoY, 8.44% QoQ). The bank operates 4,000+ branches and 13,000+ ATMs, plus international offices in Singapore, Hong Kong, Dubai and Colombo.
The Burgundy Private and Citibank Edge
Axis's Burgundy Private wealth platform is a meaningful fee-income contributor. The cards portfolio — boosted by the Citibank India consumer business acquisition completed in 2023 — is a high-margin engine. The bank also committed ₹1,500 crore into subsidiary Axis Finance in FY26.
Frequently Asked Questions
Axis Bank has a market capitalisation of approximately ₹4 lakh crore as of early May 2026. FY26 total revenue was ₹1,32,538 crore and net profit was ₹26,548 crore.
Promoter holding stands at just 8.14%, comprising SUUTI, LIC, GIC and public-sector insurers. The remaining 91.86% is held by FIIs, mutual funds, insurance companies and retail shareholders.
Axis Bank was founded in 1993 as UTI Bank, listed on November 16, 1998, and rebranded from UTI Bank to Axis Bank in 2007.
Total assets minus total liabilities. Add bank balances, mutual funds, real estate, gold, EPF and PPF. Subtract loans. The WorthScale calculator does this free.