Axis Bank is anticipated to deliver a mixed performance for Q4FY26, with year-on-year profit growth under pressure despite improving sequential trends. Brokerages expect stable operating performance driven by healthy loan and deposit growth, although margins are likely to face pressure due to rate transmission.
Net interest income (NII) could grow by up to 7%, estimated between Rs 14,657 crore and Rs 14,720 crore. Nomura forecasts profit after tax (PAT) at Rs 7,010 crore, down 2% YoY but up 8% QoQ. ICICI Securities estimates PAT at Rs 6,627 crore, down 6.9% YoY and up 2.1% QoQ.
Loan growth remains robust, with Nomura estimating loans at Rs 12.32 lakh crore (18% YoY, 6% QoQ) and deposits at Rs 13.36 lakh crore (14% YoY, 6% QoQ). Asset quality is expected to remain stable, though some pressure may persist in retail segments.
Key monitorables include liquidity coverage ratio trends, asset quality commentary, and NIM outlook amid rate cycle changes.
