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Data on inventory days and receivable days is not available, hence the efficiency of these metrics cannot be evaluated.Payable days could provide insight but lack data limits the ability to assess the impact on the cash conversion cycle.The static CCC at 0 indicates no visible trends in cash conversion efficiency, necessitating caution for investors as it may imply potential inefficiencies.
| Metric | Mar 2013 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| Cost Income Ratio | 43.22% | 42.95% | 44.24% | 48.49% | 65.49% | 48.62% |
| Core Cost Income Ratio | 44.95% | 45.31% | 45.29% | 49.88% | 65.24% | 49.84% |
| Operating Costs to Assets | 2.10% | 1.95% | 1.92% | 2.08% | 3.04% | 2.45% |
ROE has shown significant improvement primarily driven by increased PAT margins, with a leap from 12.78% in 2022 to 18.51% in 2024, indicating growing equity efficiency.ROCE also increased from 9.47% to 14.16%, revealing that capital efficiency—including debt—improved over the same period, suggesting overall capital usage is effective.ROA's improvement from 0.75% to 1.85% further underscores that Axis Bank's asset management is effective, although lower in comparative terms relative to ROE and ROCE.
| Metric | Mar 2013 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| ROE | 18.75% | 2.44% | 7.64% | 12.78% | 8.77% | 18.51% |
| ROCE | 15.13% | 5.89% | 7.16% | 9.47% | 9.26% | 14.16% |
| ROA | 1.67% | 0.22% | 0.75% | 1.29% | 0.85% | 1.85% |