Investor Presentation

AXIS/CO/CS/261/2026-27 July 18, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Plot No. C/1, “G” Block Dalal Street Bandra-Kurla Complex Fort, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear Sir/Madam, REF.: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (“SEBI LISTING REGULATIONS”) SUB.: INVESTOR PRESENTATION ON THE FINANCIAL RESULTS OF AXIS BANK LIMITED (“BANK’) FOR THE QUARTER ENDED JUNE 30, 2026 In reference to our letter no. AXIS/CO/CS/250/2026-27 dated July 18, 2026, a copy of the revised Investor Presentation on the unaudited standalone and consolidated financial results of the Bank for the quarter ended June 30, 2026, is attached herewith. This is for your information and records. Thanking You. With warm regards, For Axis Bank Limited Sandeep Poddar Company Secretary Encl: as above CC: London Stock Exchange Singapore Stock Exchange Investor Presentation Quarterly Results Q1FY27 NSE: AXISBANK BSE: 532215 LSE (GDR): AXB Axis Bank at a glance 3rd ~ 54 mn 1,00,700+ 6,295 Axis Bank largest Private Bank in India Customers Employees Branches 1 Traditional Banking Segment Digital Banking Segment Market Share 5.4% 5.1% 5.7% ~ 38% ~ 13.4% Assets 2 Deposits 2 Advances 2 UPI 3 Credit Cards 4 Profitability 14.52% 3.46% 2.47% 2.20% Consolidated ROE 5 Net Interest Margin 5 Operating Profit Margin 5 Cost to Assets 5 Balance Sheet 16.67% | 14.64% `156 Bn | 1.24% 70% |0.39% Cumulative provisions CAR 6 CET 16 PCR Net NPA (standard + additional non-NPA) 29% 72% 8% 3% Key Subsidiaries YOY growth in YOY growth in YOY growth in YOY growth in Axis Finance PAT 5 Axis Capital PAT 5 Axis Securities PAT 5 Axis AMC PAT 5 1Domestic network including extension counters; 2 Based on RBI data as of June 30, 2026 3 UPI payer PSP space market share by volume for Q1FY27 4 Credit Cards in force market share as of May’26 5 for Q1FY27 6 CAR – Capital Adequacy ratio; CET 1 – Common Equity Tier 1 ratio; QuarterlyResultsQ1FY27 2 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 3 Major highlights for Q1FY27 PAT up 23% YOY driven by positive operating jaws and stable asset quality; Market share gains across deposits and advances, deposits up 18% YOY, advances up 19% YOY • Operating profit at ₹11,659 crores, up 16% QOQ; Core operating profit at ₹11,122 crores, up 5% QOQ • Net Interest Income up 8% YOY, Net Interest Margin (NIM) at 3.46% Stable core operating performance • Fee income up 7% YOY; granular fee constituted 90% of overall fees; Retail fee up 2% YOY • Cost to assets at 2.20%, declined 21 bps YOY and 8 bps QOQ • YOY QAB1 | MEB1 basis, total deposits grew 18% | 18%; term deposits grew 21% | 23%, CA grew 13% | 6%, SA grew 14% | 14%, respectively Robust deposit growth delivered across • QOQ QAB1 | MEB1 basis total deposits grew 6% | 3%, term deposits grew 7% | 5%, CA grew 3% | -6%, SA grew 6% | 1%, respectively average and period end balances • QAB1 | MEB1 CASA grew 13% | 11% YOY and 5% | -1% QOQ, with CASA ratio at 37% | 38%, respectively • Cost of funds decreased by 35 bps YOY and 2 bps QOQ • Advances grew 19% YOY & 2% QOQ; Bank’s focus segments2 grew by 18% YOY and 2% QOQ • SBB2+SME+MC at ₹3,061 bn | 24% of total loans, up ~911 bps in last 5 years Strong loan growth delivered • SME loans up 25% YOY and 3% QOQ, Corporate loans up 38% YOY and 5% QOQ of which Mid-Corporate (MC) up 27% YOY and 10% QOQ • Retail loans grew 8% YOY of which SBB book grew 18% YOY and 2% QOQ. Retail disbursements grew 18% YOY • Overall capital adequacy ratio (CAR) stood at 16.67%, CET 1 ratio at 14.64% Well capitalized with adequate liquidity • Additional cushion of ~52 bps over the reported CAR, attributable to other provisions and one-time standard asset provision aggregating ₹8,244 crores buffers • Excess SLR of ₹1,41,700 crores • Avg. LCR during Q1FY27 was ~119% • Maintaining our market leading position in UPI Payer PSP space with a market share of ~ 38%3, with lowest technical declines4 Continue to maintain our strong position in • Continues to be amongst the largest players in Merchant Acquiring business in India with a terminal market share of 22.1%5 Payments and Digital Banking • Acquired 0.9mn cards in Q1FY27, having a market share of ~13.4%5 on the Cards in force • Axis Mobile app continue to be among the top-rated mobile banking app on Google Play store and iOS store with a rating of 4.8 on both, with ~16 mn MAU6 • GNPA at 1.28% down 29 bps YOY, NNPA at 0.39% down 6 bps YOY • PCR healthy at 70%, Coverage 7 ratio at 161% up 2,318 bps YOY Stable Asset Quality • Gross slippage ratio 8 at 1.79% down 134 bps YOY, Net slippage ratio 8 at 1.12% down 121 bps YOY • Net credit cost 8 at 0.63%, down 75 bps YOY • Total Q1FY27 PAT of domestic subsidiaries at ₹546 crores up 21% YOY; Return on investments of ~ 41% in domestic subsidiaries Key subsidiaries delivered healthy • Axis Finance Q1FY27 PAT at ₹244 crores up 29% YOY, Stable asset quality metrics with net NPA at 0.39% performance • Axis AMC’s Q1FY27 PAT at ₹134 crores up 3% YOY, Axis Securities Q1FY27 PAT at ₹96 crores up 8% YOY • Axis Capital Q1FY27 PAT at ₹65 crores up 72% YOY; executed 8 ECM and 3 non-ECM deals in Q1FY27 Q1FY27 Consolidated ROE (annualized) at 14.52%, up 95 bps YOY, with subsidiaries contributing 36 bps 1QAB: Quarterly Average Balance; MEB: Month End Balance; 2Bank’s focus segments include Small Business Banking (SBB), Small & Medium Enterprises (SME), Mid Corporate, Rural, Personal Loans (PL) and Credit Card Advances 3 Market share by volume for Q1Y27; 4 NPCI data for top 50 UPI Remitter Members, last 12 months average as of June’26; 5 Based on RBI data as of May’26; 6 MAU: Monthly Active Users QuarterlyResultsQ1FY27 4 engaging in financial & non-financial transactions; 7 Coverage Ratio = Aggregate provisions (specific + standard + additional + other contingencies) / IRAC GNPA; 8 Annualised Key metrics for Q1FY27 Snapshot (As on 30th June 2026) Deposits Advances Absolute (₹ Cr) 3 18% YOY 19% YOY Q1FY27 Q1FY26 Q4FY26 YOY QOQ 18% YOY4 Net Interest Income 14,646 13,560 14,457 8% 1% & Fee Income 6,156 5,746 6,561 7% (6%) s t if os o Operating Expenses 9,722 9,303 10,466 5% (7%) 34% rL 38% P Operating Profit 11,659 11,515 10,013 1% 16% 62% 54% Core Operating Profit 11,122 10,095 10,619 10% 5% Profit after Tax 7,114 5,806 7,071 23% 1% 12% Q1FY27 YOY Growth e CASA c nt e Total Assets 19,21,966 20% 11% YOY 3 Retail SME Corporate e a lah S Net Advances 12,61,557 19% 13% YOY4 8% YOY 25% YOY 38% YOY B Total Deposits 13,72,936 18% Shareholders’ Funds 2,11,693 15% Core Operating Profit (in ₹ crores) Profit After Tax (in ₹ crores) Q1FY27 Q1FY26 Diluted EPS1 (in `) 91.24 74.75 Book Value per share (in `) 681 596 10% YOY 23% YOY s Standalone ROA1 1.51% 1.47% o it Standalone ROE1 14.16% 13.14% a R y Cons ROA1 1.56% 1.51% e K Cons ROE1 14.52% 13.57% 11,122 10,095 7,114 Gross NPA Ratio 1.28% 1.57% 5,806 Net NPA Ratio 0.39% 0.45% Basel III Tier I CAR2 15.35% 15.10% Basel III Total CAR2 16.67% 16.85% Q1FY26 Q1FY27 Q1FY26 Q1FY27 QuarterlyResultsQ1FY27 5 1 Annualized 2 including profit after tax for the periods 3 Month end balances 4 Quarterly average balance Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 6 Deposit and Loan growth performance All figures in ₹ billion Deposit mix (QAB)1 Segment loan mix YOY QOQ 13,048 YOY QOQ 18% 6% 12,265 12,616 11,974 12,336 19% 2% 11,397 11,048 11,590 11,167 10,597 4,129 4,344 38% 5% 3,751 8,234 21% 7% 3,497 (34%) 7,682 3,159 7,492 7,057 (63%) 6,806 1,516 1,472 25% 3% 1,315 1,393 (12%) 1,209 1,417 1,458 1,497 13% 3% 1,324 1,345 (12%) 6,230 6,355 6,446 6,735 6,756 8% (54%) 2,918 2,995 3,065 3,124 3,317 14% 6% (25%) Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 SA CA TD Retail SME Corporate total 56% 57% 56% 55% 55% 53%57% 97% 97% 97% 96% 96% Proportion of Retail deposits as per LCR2 Share of Domestic Loans in overall loan book 5.07% 4.83% 4.77% 4.73% 4.75% Cost of Deposits 1 Quarterly Average Balance QuarterlyResultsQ1FY27 7 2 Average deposits from retail and small business customers as reported in Liquidity Coverage Ratio (LCR) disclosure for the period as proportion of total QAB deposits Operating Performance Operating revenue Operating expense All figures in ₹ Crores 7% 6% 5% 5% YOY QOQ 20,818 20,369 20,512 20,480 21,382 3% 4% 2% YOY QOQ 7,258 6,625 6,226 6,023 6,736 7% 12% 9,303 9,957 9,637 10,466 9,722 5% 7% 6,041 6,839 6,865 7,352 6,664 10% 9% 13,560 13,745 14,286 14,457 14,646 8% 1% 3,262 3,118 2,772 3,115 3,058 6% 2% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Opex growth (YOY) Staff cost Non-staff cost Net Interest Income Non-Interest Income Operating profit & Core operating profit Profit after tax YOY QOQ YOY QOQ 11,515 11,659 10,413 10,876 10,815 10,619 11,122 OP 1% 16% 23% 1% 10,095 9,915 10,013 7,071 7,114 6,490 5,806 5,090 Core OP 10% 5% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Operating Profit (OP) Core Operating Profit QuarterlyResultsQ1FY27 8 Net interest margin trend Advances mix by rate type Cost of Funds MCLR Duration Split (June-26) 26% 3%0.3% 1M, 3% 0.3 7% % 5.50% 3M, 1% 5.43% 5.44% 5.45% 5.46% 5.39% 5.35% ~ 74% of 6M, 1% 5.17% 5.15% loans 5.03% 5.07% 5.06% 5.04% floating 61% 12M, 4% 1 Q1FY24Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26Q4FY26Q1FY27 Repo linked MCLR linked Other EBLR Base Rate linked Foreign currency- floating Fixed Net interest Margin (NIM) NIM Movement - Q4 FY26 to Q1 FY27 NIM - Overall NIM - Domestic 3.91% 3.82% 3.75% 3.73% 3.60% 3.80% 3.73% 3.64% 3.62% 3.62% 0.03% 3.46% 0.13% 3.46% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 NIM Q4 FY26 Interest reversal Spread NIM Q1 FY27 QuarterlyResultsQ1FY27 9 1External benchmark linked rate NIM has seen structural improvement led by multiple drivers Reducing share of low yielding Composition reflected through 1 Improvement in balance sheet mix 2 3 RIDF bonds average1 CASA% Loans and investments as % of total assets 86% 88% 89% 89% 88% 2.3% 43.6% 1.5% 42.5% 30,564 39.3% 0.9% 37.8% 36.9% 0.5% 0.4% 21,557 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 14,450 68% 71% 71% 67% 66% 8,690 7,794 Retail & CBG as % of loan book Non INR book as % of overall loan book Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 FY23 FY24 FY25 FY26 Q1FY27 5.1% 5.2% 2 38 bps 4.4% As a % to total assets 3.8% 3.9% Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 1 Daily average CASA ratio for the period 2 Decline in cost of CASA for Q1FY27 as compared to FY23 QuarterlyResultsQ1FY27 10 Healthy growth in fees; granularity built across our business segments All figures in ₹ Crores Retail Banking fees Retail fee mix 2% YOY 45% 44% 4,833 38% 32% 4,051 4,269 4,358 4,152 24% 21% 15% 15% 17% 16% 15% 18% TPP Retail Cards & Payments Retail Assets excl cards & Retail Liabilities & others payments Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 • 12% YOY growth in Retail Assets excl. Cards & Payments • 13% YOY growth in Retail Liability & others 70% 71% 71% 74% 67% Corporate & Commercial Banking fee Corporate & Commercial Banking fee mix 18% YOY 16% QOQ Trade, Forex and Financial Institutional payments related fee form part of Transaction Banking 71% 71% 68% 2,004 1,695 1,768 1,743 1,727 25% 24% 26% 4% 5% 6% Transaction Banking Credit Treasury (ex forex) Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 • 13% YOY growth in Transactional Banking fees, forex & trade 30% 29% 29% 26% 33% • 21% YOY growth in Credit fees • 89% YOY growth in Treasury fees (ex forex) xx% Segment contribution to total fees QuarterlyResultsQ1FY27 11 Operating expenses grew at 5% YOY All figures in ₹ Crores Break-up of operating expenses Increase in volume linked and technology cost offset by lower statutory expenses - 3% 8% 6% 2% YOY% 5% -7%1 38% 44% 17% % in growth -5%2 9,303 10,466 9,722 160 186 73 Business Investments Includes impact volumes and in IT Infra of Increments change in and digital rolled out in Q1 44% 46% 43% rates journeys & Statutory 9,303 costs 9,722 34% 31% 34% Q1FY26 opex Volume linked Technology & Growth Business as Usual Q1FY27 opex 22% 23% 23% Cost to Assets % YOY 21 bps QOQ 8 bps Q1FY26 Q4FY26 Q1FY27 2.55% Volume linked Technology & Growth Business as Usual 2.46% 2.41% 2.28% 2.17% 2.22% 2.20% Technology expenses are ~11% of total opex for Q1FY27 FY22 FY23 FY24 FY25 Q1FY26 FY26 Q1FY27 1. Reported % change 2. Normalized opex % change excluding one-time write-back items in current quarter versus charge for previous quarter QuarterlyResultsQ1FY27 12 AXIOM: Building an AI-led, customer-centric bank Our AI operating model is driven by a platform approach with reusable capabilities AXIOM Operating AXIOM Capability Model Platform 5 focus areas driving AI Reusable, governed capabilities industrialization creating enterprise-wide impact FROM USE CASES TO PLATFORMS REUSABLE AI VisionXtract VoiceAI Knowledge AI RM Copilot CAPABILITY PLATFORMS Document AI capability stack to Voice intelligence stack to drive Enterprise knowledge search Intelligent insights and drive Zero Ops customer satisfaction & content generation relationship augmentation Enterprise assets built once, reused everywhere LIVE LIVE LIVE LIVE ✓ GOVERNANCE LAYER Model Lifecycle Responsible AI, safe & ✓ Enterprise AI ✓ Evaluation Harness ✓ Responsible AI Management & compliant at scale Governance Model Quality evaluation ISO 42001 Certified Monitoring COMMON, REUSABLE, SCALABLE Designed once. Deployed many times. Creating a compounding value across Axis. QuarterlyResultsQ1FY27 13 AXIOM in Action: Q1FY27 - Progress at a glance A Zero Ops ~34 Mn ~1.05 Mn AI-assisted Onboarding AI- assisted doc reading Conversational F B Interface for 0.75 Mn+ Sales & Service 18 Mn+ Collections: Bot-based 2.8 Mn+ Customer chat O Bot based interactions calling interactions Customers C U Enterprise S C ~0.74 Mn No. of queries processed in ADI ~0.64 Mn AI-Powered Customer Conversations Knowledge Bot A R ~ 2.1 Mn Insight E D RM Copilot 8 Mn+ Voice-to-text transcription RM Calls analysed 2 Mn+ Mins generation A S Assurance E Strengthening 55+ Credit models ~320% YoY improvement in fraud value prevention 93K Copilot users ~4 Mn Monthly prompts generated ISO 42001 First Certified BFSI Globally Note: The numbers represents YTD unless otherwise stated QuarterlyResultsQ1FY27 14 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 15 Strong capital position with adequate liquidity Bank’s Capital Adequacy Ratio 18.54% 0.72%* 0.46% 17.64% 17.07% 16.63% 16.42% 16.67% 14.64% 2.20% 14.38% 1.10% 3.07% 2.43% 2.00% 1.64% 1.32% 0.55% 0.46% 0.40% 0.40% 0.71% 15.24% 14.02% 13.74% 14.67% 14.38% 14.64% CET-1 Mar'26 Accretion Consumption CET-1 Jun'26 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 * Includes 22 bps increase due to discontinuation of IFR CET 1 CAR AT1 CAR Tier 2 CAR Total CAR Liquidity Coverage Ratio (consolidated) RWA to Total Assets 123% 118% 118% 120% 120% 115% 119% 118% 119% 119% 116% 117% 119% 75% 75% 74% 72% 72% 100% Bank's LCR (consolidated) Regulatory minimum LCR Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 • The Bank holds excess SLR of `1,41,700 crores QuarterlyResultsQ1FY27 16 Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information QuarterlyResultsQ1FY27 17 Retail Banking ~51 Mn 4th `7.54 T n Individual Largest issuer of AUM in wealth customers Credit Cards management 8% 16% 54% YOY growth in YOY growth in Share of Retail advances Rural advances Advances1 14% | 14% 38% 67% YOY Growth in SA CASA ratio Share in QAB2 | MEB3 deposits (MEB3) total fee4 1 Share in Bank’s total advances, 2 QAB: Quarterly Average Balance, 3 MEB: Month End Balance, 4 share in Bank’s total fee for Q1FY27 Axis Bank Document Classification | Confidentiel The Deposit journey for Axis Bank should be looked at from three aspects… 1 2 3 … growing faster than the industry aided by We continue to work on improving the …with controlled movement in cost of deposits improved acquisition and customer deepening. granularization in order to improve the over the last 2 years and… quality of LCR deposits… 5.19% 18% 5.13% 18% 28.6% 28.8% 5.06%5.08%5.08% 5.07% 27.9% 27.3% 14% 4.94% 13% 14% 13% 13% 26.2% 4.83% 12% 12% 4.79% 4.77% 4.75% 4.73% 4.62% Jun'25 Sep'25 Dec'25 Mar'26 Jun'26 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Last 1 yr Last 3 yrs CAGR Last 5 yrs CAGR FY24 FY24 FY4 FY24 FY25 FY25 FY25 FY25 FY26 FY26 FY26 FY26 FY27 LCR Outflow rates Cost of deposits Industry1 Axis (MEB)2 Axis (QAB)2 Source: 1 Industry data is based on the RBI disclosures as of June 30th, 2026. 2 QAB: Quarterly Average Balance; MEB: Month End Balance. QuarterlyResultsQ1FY27 19 …led by multiple initiatives across the Bank Focus on Productivity & Exclusively curated Digital, transformation Premiumization Bharat Banking Micro market strategy product propositions Partnerships SA New to Bank deposits1 up 30% CAGR in Burgundy 17% YOY growth in Salary ~ 19K extensive distribution Project NEO aiding higher 6% YOY and balances1 per wealth management AUM Uploads in the ETB Salary network of Common Service contribution from transaction- since Mar’20 book2 by Jun’26 Centers (CSC) VLEs3 oriented flow businesses account up 18% YOY 76% of customer requests “Right fit” strategy to Corporate Salary offerings Launched fully digitized 48% YOY growth in remain amongst the best tractor journey in SFDC individual RTD by value serviced digitally as part of accelerate Premiumization available in the market today sourced digitally for Q1FY27 Branch of the Future Calibrated branch expansion ‘ ‘B Bu ur rg gu un nd dy y P Cr iro cm lei s oe f’ & N Pe row g ‘ rF aa mm ’ i aly n dB ba en nk ei fn itg s including E thn ira db -ple ad r tC y A neS twA o o rkp e on ni n thg e a et Ka YC Siddhi empowering Axis strategy Bank colleagues to engage Trust’ launched industry super premium Magnus Card platform, building a TD with customers seamlessly first servicing proposition for Burgundy customers proposition on the eKYC platform 13% 21% 2.9 mn YOY growth in Premium acquisitions in NTB YOY growth in Term Deposits4 Retail Term Deposits acquired in Q1FY27 Salary book by Jun’26 1Based on Monthly daily average basis (MDAB) 2Sourcing with >25k salary inflows 3 Village Level Entrepreneurs QuarterlyResultsQ1FY27 20 4 QAB Amongst the leading players in India’s Wealth Management space All figures In ₹ trillion Overall Burgundy AUM has grown strongly 30% CAGR1 20% YOY 7.54 6.78 5.92 5.37 3.57 2.61 2.13 1.47 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 16% YOY Burgundy Private AUM ₹2.68 Tn Burgundy Private Families 17,400+ 25% YOY Burgundy Private Client Base 40,100+ 28% YOY 16,889 23% YOY Burgundy Private 3-in-1 Cards 1 CAGR for period Mar-20 to Jun-26 QuarterlyResultsQ1FY27 21 ₹6.8 trillion Retail loan book remains well diversified ~ 73% of our retail book is secured (1) Retail book (in ₹ billion) in ₹ Crores Jun-26 QOQ YOY % Prop Home Loans 1,73,787 - 5% 26% 8% 8% 6% 6% 6% 2 YOY Rural loans 1,17,211 (1%) 16% 17% MFI loans are ~3.7% of retail loans, of which ~1.2% is retail LAP 87,342 - 11% 13% QOQ 0% 4% 0% MFI and the balance is 2% 1% Personal loans 82,781 1% 7% 12% wholesale MFI 3 6,735 6,755 SBB 79,468 2% 18% 12% 6,446 Auto loans 60,134 1% 4% 9% 6,355 6,230 Credit Cards 45,523 1% 5% 7% Comm Equipment 12,956 1% 10% 2% 4 Others 16,344 (3%) (18%) 2% Total Retail 6,75,546 - 8% 100% Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 ETB5 mix in retail portfolio 79% 100% of PL and 75% of Credit Cards portfolio is to salaried segment 77% 67% 55%6 47% 45% Average LTVs:7 63% in overall home loan portfolio 43% in LAP portfolio Personal Loan LAP HL Credit Card SBB Auto loan 1 Basis Bank’s classification of secured, 2 Includes gold loans, 3 Includes LAP in SBB segment of ₹2,918 crs as on 30.06.2026; 4 Others comprise of supply chain finance loans, education loans etc. 5 Existing to Bank (as of May-26) 6 15% of CC acquired in Q1FY27 were through Known to Bank (KTB) channel, 7 LTV on sourcing basis for Q1FY27 QuarterlyResultsQ1FY27 22 Small Business Banking segment All figures in ₹ Crores SBB Portfolio Well diversified customer base2 18% YOY 2% QOQ 11% • ₹79,468 crores overall book with Business Loan (unsecured) book of ₹18,187 crores 23% 79,468 10% 78,018 • ~72% value contribution from Secured products 66,757 17,854 18,187 (working capital, overdraft, term loans, etc.) 2 2% % 8% 57,219 3% 16,993 • ~₹169 lakh average ticket size disbursed for Working 3% 4% 7% 42,982 14,724 Capital loans1 in Q1 4% 7% 5% 10,316 • ~85% of SBB working capital portfolio is PSL compliant 28,617 6% 6% 60,164 61,281 17,859 6,576 42,495 49,764 • EWS portfolio monitoring indicates risks under control 4,984 32,666 Food and Beverages Infra & Other Construction 22,041 12,875 • ~79% Branch contribution to total business Metal Products & Manufacturing Textile Trade Retail and Wholesale Health Care & Products FY21 FY22 FY23 FY24 FY25 FY26 Q1FY27 • 6.69 lakh+ customer base is on increasing trend Industrial Self employed Non Professionals Petro-Chemical and Products Gems & Jewellery Working Capital Business Loans Paper & Paper Products Chemicals 24x7 Business loans : Transport & logistics Hotels Others End to End digital lending contributes ~77% to overall unsecured BL disbursements 1Average excluding ECLGS 5.0; average ticket size including ECLGS 5.0 was ~₹ 71 lakh 2Working capital loans diversification re-classified basis SEG Industry classification QuarterlyResultsQ1FY27 23 Trend in Credit Card issuances Axis Bank Magnus Credit Card Card issuances continue to remain strong In million 1.26 1.24 1.21 1.11 1.10 1.06 1.07 0.96 0.95 0.92 0.77 0.79 0.68 Indian Oil Axis Bank Credit Card Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 16.1 mn+ ~15% ~13.4% ~11.3% Flipkart Axis Bank Credit Card Cards in force, share of KTB1sourcing to total period end market share spends market share 4.1 mn CIF for Flipkart card issuances in Q1FY27 for credit cards in force as in 2M Q1FY27 Axis Bank Credit of May’26 Card 1 Known to Bank QuarterlyResultsQ1FY27 24 Trend in Card spends and POS terminals ‘GRAB DEALS’, Axis Bank's exclusive shopping platform has scaled up significantly Ranked amongst the largest Merchant Acquiring Bank ₹31 crores GMV (Q1FY27) ~0.5 lakh transactions (Q1FY27) led by ‘One Axis’ focus, improved product capabilities and partnerships Trend in Credit Card spends market share Trend in Debit Card spends Market share in POS terminals3 Overall Q1FY27 CC spends at `70,428 crores All figures In ₹ Cr 2nd 2nd 1st 2nd 2nd Rank 22.1% 22.1% 21.4% YOY QOQ 20.1% 11.8% 11.7% 11.2% 11.3% 11.3%1 8,163 8,357 8,280 19.8% 8,026 3% 1% 7,914 87% 86% 85% 87% 87%2 4% 1% 13% 14% 15% 13% 13%2 1% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Jun'25 Sep'25 Dec'25 Mar'26 May'26 Commerical Spends Retail Spends 1 Market share for 2M Q1FY27 based on RBI reported data as of May’26 2 Based on spends as proportion of total RBI reported spends QuarterlyResultsQ1FY27 25 3 RBI data, as of May’26 Driving the next phase of growth in Bharat through Scale, distinctiveness and sustainable value creation • Building integrated rural ecosystem to deepen customer engagement and unlock multi-product growth opportunities • Lending opportunities in RuSu markets is complementing the Bank’s overall PSL strategy meaningfully Well diversified rural lending portfolio with presence …..continue to scale high potential businesses through focused Significant coverage in RuSu Markets… across 685 districts across India execution and digital led process MFI- Retail Rural loans portfolio & composition • Market share gain with expansion through geographical footprint and new 21% CAGR1 (in ₹ Cr) 16% YOY 2,937 product variants • Profitability scale up through best-in-class collection efficiency and improving Bharat Banking branches 118,586 asset quality 117,211 103,512 91,866 Farm Mechanization • Growth led through prime dealerships with faster TAT and digitized journeys 70,918 • Scaling Used Tractor business and be a “One-Stop” solution for dealers 56,332 18,926 43,698 Gold CSC VLEs network • Growth led by Agri, MSME along with branch expansion & digitized journeys • Aligning with Regulatory priorities for sustainable business growth Bharat Enterprises FY21 FY22 FY23 FY24 FY25 FY26 Q1FY27 …with steady growth in business… • Focus on diversification to create stable book of MSME and Agri Ancillary • Explore and extend our presence in micro market hotspots for liability and forex 13% 4% 16% Farmer Funding • Increase mix of Agri allied (Dairy, Fishery, etc), KCC and FPO for higher PSL Farmer Finance 35% YOY growth in Rural Advances growth 6% Bharat Enterprises • Unlocking growth through ecosystem funding in farm to fork value chain Gold Social Security schemes 14% MFI-Retail • All products digitized to improve customer experience and adoption MFI-Wholesale & Co-lending • Sourcing through all banking channels depicting “One-Axis” approach Farm Equipment 15% | 4% 28% YOY | QOQ growth in Deposits 1 Mar-21 to Jun-26 QuarterlyResultsQ1FY27 26 We have a very well distributed branch network Branch presence across categories Domestic branch network1 Axis Virtual Centre 7% YOY 6,275 6,295 19% 5,876 31% 5,377 4,903 ~4.2 mn 8 Customer connect 2 Centers 28% 1,700 22% Virtual RMs Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Metro Urban Semi-Urban Rural • Calibrated approach towards new branch additions across focused regions • Connected with ~4.2 mn customers through this channel on an average per month in Q1FY27 • Aligned to our Bharat Banking strategy, specific RuSu branches follow an asset-led liability model • AVC manages relationship with our existing • The Bank further has 315 BCBOs as of 30th June, 2026 customers under affluent and other programs • Dedicated Asset Desk Managers for fulfilment of all loan leads at select branches • AVC is present across West, South, North and East with 8 centres • Select Platinum branches to cater to SBB customer base QuarterlyResultsQ1FY27 27 1 Includes extension counters 2 monthly average for Q1FY27 Corporate & Commercial Banking 38% 25% 27% YOY growth in YOY growth in YOY growth in Corporate loans SME loans Mid Corporate loans 13% 91% 87% YOY growth in Share of corporate Incremental sanctions Transactional Banking fees, advances to clients to A-and above1 forex & trade rated A-and above (for Q1FY27) 13% | 6% 11% 38% YOY growth in CA Foreign LC Market NEFT Market Share deposits on QAB2 | MEB2 Share June’26 3 June’26 3(by volume) 1 in corporate segment for Q1FY27 2 QAB: Quarterly average balance, MEB: Month End Balance Axis Bank Document Classification | Confidentiel 3 Market share based on last twelve month average of RBI’s monthly reported data Strong relationship led franchise driving synergies across One Axis entities… We have re-oriented the organisation structure in Corporate & Commercial Banking for delivering execution excellence • Segregated the responsibilities of coverage and product groups to ensure sharper focus • Corporate & Commercial Bank coverage reorganized into 8 coverage groups, each with a stated objective ‘One stop shop’ for Banking needs of Indian Corporates Conglomerates & Large Transaction Banking 1 Corporate • Cash Management • Trade & Supply Chain Mid Corporate • Letter of Credit/ Bank Guarantee Axis Trustee • Bill/ Invoice Discounting • Current Accounts Multi-national • Correspondent Banking • Custodial Services Full Service Loan & Deposits 2 Real Economy Corporate & • Working Capital / Term Loans Commercial A.Treds • Wholesale Deposits Bank Institutional Coverage Treasury, Capital Markets & Investment Banking • Debt Capital Markets (DCM) Government Coverage 3 • Equity Capital Markets (ECM) Axis Capital • M&A & Advisory • Forex & Derivative Solutions Commercial Banking Linkage to RetailBank Axis Finance 4 • Wealth Management – Burgundy / Burgundy Private • Salary Accounts of employees Axis MF Structured Assets Reliable Partner Throughout the Business Life Cycle QuarterlyResultsQ1FY27 29