NSE ScannerComparison · NSE · data 2026-11-01
Axis Bank Limited vs HDFC Bank Limited
In plain words
Size: HDFC Bank Limited is about 2.8 times the market value of Axis Bank Limited.
Profit growth over 3 years: Axis Bank Limited 34.6% a year vs HDFC Bank Limited 18.2% a year.
Debt to equity: Axis Bank Limited 1.55 vs HDFC Bank Limited 1.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| AXISBANK | HDFCBANK | |
|---|---|---|
| Price | ₹1,217 | ₹692.8 |
| Market cap | ₹3,78,247 cr | ₹10,68,054 cr |
| P/E | 12.7 | 13.4 |
| P/B | 1.6 | 1.8 |
| ROE | 13.1% | 13.8% |
| ROCE | 2.5% | 2.8% |
| Debt / equity | 1.55 | 1.07 |
| Operating margin | 40.8% | 34.9% |
| Dividend yield | 0.08% | 1.88% |
| Sales growth, 3 years (yearly) | 15.4% | 34.8% |
| Profit growth, 3 years (yearly) | 34.6% | 18.2% |
| 1-year return | -2.1% | -30.7% |
| Revenue, last 12 months | ₹1,70,928 cr | ₹5,06,316 cr |
| Net profit, last 12 months | ₹29,950 cr | ₹80,102 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹7,705 cr | ₹20,700 cr |
| Quarter profit vs a year earlier | +39.4% | +5.6% |
| Promoter holding | 7.86% | — |
| Health check | Average (5.8/10) | Average (4.4/10) |
Common questions
Which has a higher P/E, Axis Bank Limited or HDFC Bank Limited?
HDFC Bank Limited trades at the higher P/E (13.4 against 12.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
HDFC Bank Limited (13.8% against 13.1%).
Which carries more debt?
Axis Bank Limited has the higher debt-to-equity ratio (1.55 against 1.07).