AXIS BANK

Badhti Ka Naam Zindagi

PRESENTED BY:

ROUSERS
Akshay Goyal Arjit Maheshwari Krishnan Changulani Piyush Raj Anurag Agarwal B.Com(h),IV sem

Type Traded as Industry Founded Headquarters Key people Products

Private AXISBANK Banking, Financial services 1994 (As UTI Bank) Mumbai, Maharashtra, India Adarsh Kishore(Chairman) Shikha Sharma(MD & CEO) Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management

Revenue Net income Total assets Employees Website

198.26 billion (US$3.61 billion) (2011) 33.44 billion (US$608.61 million) (2011) 2.42566 trillion (US$44.15 billion) (2011) 21,640 (2010) www.axisbank.com

AXIS BANK

The AXIS Bank is a leading private sector bank and financial services company in India offering a wide range of products and services to corporate and retail customers through a variety of delivery channels. Since commencing operations in April 1994 the Bank has grown both in terms of its physical network of branches, extension counters and ATMs, as well as in terms of the size of asset base. The Bank's ATM network of 3,595 ATMs is the third largest in the country. The Bank has a wide presence through its 835 Branches & Extension Counters across 515 cities and towns across India.
1. AXIS Bank Corporate Office The Axis Bank Corporate Office in Mumbai (also known as the Axis House), received the Platinum rating by the US Green Building Council for its environment friendly facilities and reduction of carbon emission.

2. International Branches Singapore Hong Kong Dubai Shanghai Colombo 3.Products Savings Account Easy Access Savings Account Prime Savings Account Corporate Salary Account Defense Salary Account Defense Salary Account

Business Global Current Account Current Account Business Prime Business Advantage Current Account Business Select Current Account Business Classic Current Account Business Global Current Account

4.Investment Products 1. 2. 3. 4. Gold and Silver Mohur Mutual Funds Life Insurance General Insurance

Gold And Silver Mohur Certified Gold and Silver bars. Mutual Funds Axis Bank offers options from 12 mutual fund companies. Life Insurance Axis Bank has a corporate agency agreement with Max Life, one of the most reputed Life Insurance companies in India.

General Insurance Axis Bank has a Corporate Agency partnership with TATA AIG General Insurance to distribute General Insurance products. The various General Insurance products available for sale at Axis Bank branches are: Health Insurance

Motor Insurance
Jewellery Insurance Personal Accident Cover Home Insurance Travel Insurance

4.2 Loans Home Loans Car Loans Personal Loans Loans Against Property Loans Against Share Loans Against Securities Loans Against Gold 4.3 Cards Titanium Smart Traveler Credit Cards Platinum Advantage Credit Card Visa Signature Credit Card Visa Infinite Credit Card

4.4 Agri Business Loans Kisan Power Power Gold Kisan power Kisan Power aims at providing adequate and timely credit to farmers for various needs. It gives farmers the flexibility to choose between cash, credit and term loans with friendly repayment terms. Power Gold Power Gold gives easy loans up to 15, 00,000 to individuals engaged in agriculture or allied activities, against the pledge of Gold ornaments.

The Business Gaurav SME Awards In 2011-12, Axis Bank set up 6 SME centers and SME cells each across the country, taking the total number to 32 SME Centers. The Bank also organized the Business Gaurav SME Awards in association with Dun & Bradstreet to recognize and award achievements in the SME space. Awards and Recognitions In year 2011-12 Bank of the Year India The Banker Awards 2011. Best Bank - Private Sector NDTV Profit Business Leadership Awards. Best Bank 2011 Outlook Money. Brand Excellence Award 2011 (BFSI) Star News. The Most Consistent Large Bank Best Banks-2011. Most Productive Private Sector Bank FIBAC 2011 Banking Awards. 3rd Strongest Bank in Asia-Pacific Region Asian Banker. The Best Domestic Bank- India The Asset Triple A Country Awards 2011. Best Risk Master (Private Sector Category) FIBAC 2011 Banking Awards. Best Bond House India -2011 Finance Asia.

BOARD OF DIRECTORS
NAME Adarsh Kishore DICLERATION Chairman / Chair Person

Rama Bijapurkar V R Kaundinya Prasad R Menon

Samir K Barua Som Mittal Somnath Sengupta Shikha Sharma K N Prithviraj S B Mathur R N Bhattacharyya A K Dasgupta V Srinivasan Ireena Vittal

Director Director Director

Director Director Executive Director Managing Director & CEO Director Director Director Director Executive Director Addnl. & Ind.Director

OBJECTIVES Ratio has been defined that technique that is possibly used to facilitate the comparison of significant figures thereby expressing the relationship in form of percentage. The objectives therefore included: To know the financial position of the axis bank. To provide in formulation for making time series analysis. I.e. comparison of banks presents ratios & past ratios. To interpret the financial ratios of the bank & give proper suggestion for its improvement.

FINANCIAL STATEMENTS
AXIS BANK LIMITED BALANCE SHEET
BALANCE SHEET AS AT 31 MARCH, 2012
Current year Schedu 31-03-2012 le No (in thousands) CAPITAL AND LIABILITIES Capital reserve and surplus Deposits Borrowings Other liabilities and provisions TOTAL 1 2 3 4 5 4,132,039 223,953,384 2,201,043,033 340,716,721 86,432,757 2,856,277,934 4,105,458 185,882,797 1,892,378,010 262,678,824 82,088,627 2,427,133,716 Previous year 31-03-2011 (in thousands)

Assets Cash and Balances with Reserve Bank of India Balances with Banks and Money at Call and Short Notice Investments Advances Fixed Assets 6 107,029,214 138,861,630

32,309,943

75,224,929

8 9 10

931,920,859 1,697,595,386 22,593,250

719,916,208 1,424,078,286 22,731,456

Other Assets Total

Contingent liabilities Bills for collection Significant Accounting Policies and Notes to Accounts

11
12

64,829,282 2,856,277,934
4,802,373,747 346,346,043

46,321,207 2,427,133,716
4,453,914,432 324,731,072

17 & 18

AXIS BANK LIMITED - PROFIT & LOSS ACCOUNT PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH, 2012
Sched ule no. (I) INCOME Interest earned Other income Total (II) EXPENDITURE Interest expanded Operating expenses Provisions and contingencies TOTAL (III) NET PROFIT FOR THE YEAR (I - II) 15 16 18 (2.1.1) 139,769,024 60,070,995 31,886,564 231,726,583 42,422,054 85,918,230 47,794,281 30,271,979 163,984,490 33,884,906 13 14 219,946,474 54,202,163 274,148,637 151,548,058 46,321,338 197,869,396 Year ended (31-03-2012) (in thousands) Year ended (31-03-2012) (in thousands)

Balance in Profit & Loss Account brought forward from previous year (IV) AMOUNT AVAILABLE FOR APPROPRIATION (V) APPROPRIATIONS : Transfer to Statutory Reserve Transfer to/(from) Investment Reserve Transfer to Capital Reserve Transfer to General Reserve Proposed dividend (includes tax on dividend) Balance in Profit & Loss Account carried forward Total

49,697,707

34,274,337

92,119,761

68,159,243

10,605,513

8,471,227 (149,372)

519,047

47,630 3,388,491

7,700,725 73,294,476 92,119,761

6,703,560 49,697,707 68,159,243

CALCULATION OF BALANCE SHEET, PROFIT & LOSS A/C & EARNINGS PER SHARE RATIOS (Rs. In Crors)
BALANCE SHEET RATIOS
Capital Adequacy Ratio Advances / Loans Funds(%)

PROFIT & LOSS A/C RATIOS

Interest Expended / Interest Earned Operating Expense / Total Income Selling Distribution Cost Composition

72.29 76.16 72.96 73.87 75.89 13.66 12.65 15.8 13.69 13.73
2012 2011 2010 2009 2008

63.55 56.69 57

65.98

63.09

Earnings Per Share

Earnings Per Share
102.67 82.54 62.06 50.57 29.94

23.87

27.65

30.96 24.95 26.2

0.32
2012 2011 2010 2009 2008

0.4 2011

0.3 2010

0.34 2009

0.85 2008

2012

CALCULATION OF PROFITABILITY RATIO

PROFITABILITY RATIO
Interest Spread Net Profit Margin Return on Net Worth(%) Adjusted Cash Margin(%) Return on Long Term Fund(%)

(Rs. In Crors)

Adjusted Return on Net Worth(%)

97.35 88.75 72.29 71.17

66.34

15.51 16.69 3.91

18.59 18.51 3.73 2012

17.2 18.71 17.83

16.1 13.31 12.22 17.77 17.63 15.67 14.76 14.19 12.21 17.87 17.85 15.69 4.24 3.95 3.77 12.38
2010 2009 2008

2011

CONCLUSION According to financial Ratio analysis of Axis bank its performance in the private bank is good and expected to grow further in the near future which is a good sign for investment. Earnings per Share and dividend both are increasing year to year.

The Financial Ratio analysis is a process of evaluating the financial statements to obtain a better understanding of the Banks position and performance.
Financial Ratio analysis is the process of selection, relation and evaluation. The first task of financial analyst is to select the information from the financial statements. The second step is to arrange the information in a way to highlight significant relationships. The final step is interpretation and drawing of inferences and conclusions. The financial year 2011 the Current Ratio is decrease by 0.02 %.

Difference between company balance sheet and bank balance sheet

Company's balance sheet will be prepared as per the company's act and bank's balance sheet follows the banking regulation act. There are no difference in terms of balance sheet. Only the formats are different and the assets representation are different. Assets have same nature in both balance both comprise the assets of each organisation. In the banks case the assets will be mostly cash held on behalf of customers and cash reserves-i.e. cash profits held back from previous years, and also any plant and machinery and property. any non banking organisation will also have assets, but they will tend to be some cash but mostly other assets such as stock,property,vehicles etc. A bank primarily finances its operations with debt, while a service company such as law firm or accounting firm primarily finances its operations with owner equity.

SUGGETION The analysis carried out at on the Axis Bank, their profit and loss account, balance sheet and ratios. I shall suggest the investors to invest in Axis Bank than the other banks as a value investment. Reasons: Largest private sector bank in India. Strong increase in profit year-on-year basis. Increasing EPS indicate good earnings.

Increase in sharing profit with shareholders in form of dividend.

Axis Bank is expanding its footholds on international level also; its Insurance and asset management business are also performing well.