State Bank of India
State Bank of India is a Fortune 500 company. It is an Indian Multinational, Public Sector banking and financial services statutory body headquartered in Mumbai. It is the largest and oldest bank in India with over 200 years of history.[1]
- Market Cap ₹ 7,09,775 Cr.
- Current Price ₹ 795
- High / Low ₹ 899 / 680
- Stock P/E 10.0
- Book Value ₹ 494
- Dividend Yield 2.00 %
- ROCE 6.37 %
- ROE 17.3 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 37.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.0%
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.27,32,684 Cr.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Banks Public Sector Bank
Part of BSE Sensex Nifty 50 BSE 500 BSE 100 BSE 200
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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136,351 | 152,397 | 163,998 | 175,518 | 220,499 | 242,869 | 257,324 | 265,151 | 275,457 | 332,103 | 415,131 | 462,489 | |
Interest | 87,069 | 97,382 | 106,803 | 113,658 | 145,646 | 154,520 | 159,239 | 154,441 | 154,750 | 187,263 | 255,255 | 295,524 |
50,327 | 57,161 | 69,566 | 80,172 | 132,063 | 120,304 | 114,940 | 123,348 | 114,601 | 110,953 | 126,423 | 129,848 | |
Financing Profit | -1,045 | -2,145 | -12,371 | -18,312 | -57,209 | -31,955 | -16,855 | -12,638 | 6,107 | 33,887 | 33,453 | 37,117 |
Financing Margin % | -1% | -1% | -8% | -10% | -26% | -13% | -7% | -5% | 2% | 10% | 8% | 8% |
18,553 | 22,576 | 27,845 | 35,461 | 44,601 | 36,775 | 45,221 | 43,496 | 40,564 | 36,616 | 51,682 | 61,683 | |
Depreciation | 1,334 | 1,116 | 1,700 | 2,293 | 2,919 | 3,212 | 3,304 | 3,318 | 3,249 | 3,297 | 3,352 | 3,529 |
Profit before tax | 16,174 | 19,314 | 13,774 | 14,855 | -15,528 | 1,607 | 25,063 | 27,541 | 43,422 | 67,206 | 81,783 | 95,271 |
Tax % | 33% | 32% | 28% | 29% | -58% | 46% | 42% | 26% | 27% | 25% | 25% | 26% |
10,891 | 13,102 | 9,951 | 10,484 | -6,547 | 862 | 14,488 | 20,410 | 31,676 | 50,232 | 61,077 | 70,901 | |
EPS in Rs | 14.59 | 17.55 | 12.82 | 13.15 | -7.34 | 0.97 | 16.23 | 22.87 | 35.49 | 56.29 | 68.44 | 79.44 |
Dividend Payout % | 21% | 20% | 20% | 20% | 0% | 0% | 0% | 17% | 20% | 20% | 20% | 20% |
Compounded Sales Growth | |
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10 Years: | 12% |
5 Years: | 12% |
3 Years: | 19% |
TTM: | 11% |
Compounded Profit Growth | |
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10 Years: | 18% |
5 Years: | 37% |
3 Years: | 31% |
TTM: | 16% |
Stock Price CAGR | |
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10 Years: | 12% |
5 Years: | 34% |
3 Years: | 21% |
1 Year: | -4% |
Return on Equity | |
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10 Years: | 10% |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 747 | 747 | 776 | 797 | 892 | 892 | 892 | 892 | 892 | 892 | 892 | 892 |
Reserves | 117,536 | 127,692 | 143,498 | 187,489 | 218,236 | 220,021 | 231,115 | 252,983 | 279,196 | 326,716 | 376,354 | 440,270 |
Deposits | 1,431,080 | 1,613,265 | 1,730,722 | 2,044,751 | 2,706,343 | 2,911,386 | 3,241,621 | 3,681,277 | 4,051,534 | 4,423,778 | 4,916,077 | 5,382,190 |
Borrowing | 146,459 | 168,679 | 323,345 | 2,362,445 | 3,068,485 | 403,017 | 314,656 | 417,298 | 426,043 | 493,135 | 597,561 | 563,573 |
96,413 | 137,332 | 158,804 | 155,235 | 178,347 | 145,595 | 163,104 | 181,977 | 229,929 | 272,457 | 288,802 | 289,074 | |
Total Liabilities | 1,792,235 | 2,047,714 | 2,357,145 | 2,705,966 | 3,465,961 | 3,680,912 | 3,951,388 | 4,534,427 | 4,987,595 | 5,516,979 | 6,179,686 | 6,675,998 |
7,716 | 9,042 | 9,819 | 42,345 | 39,201 | 38,509 | 38,023 | 38,067 | 37,467 | 42,101 | 42,126 | 43,685 | |
CWIP | 286 | 287 | 570 | 574 | 792 | 689 | 416 | 352 | 241 | 281 | 491 | 423 |
Investments | 398,800 | 481,759 | 575,652 | 765,990 | 1,060,987 | 967,022 | 1,046,955 | 1,351,705 | 1,481,445 | 1,570,366 | 1,671,340 | 1,690,573 |
1,385,433 | 1,556,626 | 1,771,104 | 1,897,058 | 2,364,982 | 2,674,692 | 2,865,994 | 3,144,303 | 3,468,441 | 3,904,230 | 4,465,729 | 4,941,318 | |
Total Assets | 1,792,235 | 2,047,714 | 2,357,145 | 2,705,966 | 3,465,961 | 3,680,912 | 3,951,388 | 4,534,427 | 4,987,595 | 5,516,979 | 6,179,686 | 6,675,998 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14,107 | 27,621 | 11,197 | 11,060 | -85,425 | 34,628 | 25,688 | 89,866 | 58,415 | -91,352 | 19,022 | 45,860 | |
-189 | -3,126 | -2,991 | -4,776 | 101,061 | -2,948 | -433 | -3,556 | -1,724 | -503 | -2,264 | -106 | |
3,811 | -2,289 | 4,506 | -1,780 | 4,291 | -1,088 | 3,352 | 5,633 | -5,178 | 5,202 | -13,855 | -16,327 | |
Net Cash Flow | 17,729 | 22,206 | 12,712 | 4,504 | 19,927 | 30,591 | 28,607 | 91,942 | 51,514 | -86,653 | 2,902 | 29,428 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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ROE % | 10% | 11% | 7% | 6% | -3% | 0% | 6% | 8% | 12% | 17% | 17% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
21 Jun - SBI held routine investor meetings in London sharing only public information on 20 June 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
20 Jun - SBI held one-on-one meetings with institutional investors in London on 19.06.2025, sharing only public information.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 Jun - SBI disclosed June 18, 2025 investor meetings with institutional investors in New York.
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Divestment In Jio Payments Bank Limited
18 Jun - Bank divests entire 7.9 crore shares in Jio Payments Bank to Jio Financial Services for ₹104.54 crore.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Jun - SBI held investor meetings in New York sharing only public information on 17.06.2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT REC
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May 2023Transcript PPT REC
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Nov 2022Transcript PPT
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Nov 2021TranscriptPPT
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Feb 2021TranscriptNotesPPT
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Dec 2020TranscriptPPT
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Jun 2020TranscriptNotesPPT
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Jan 2020TranscriptNotesPPT
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Oct 2019TranscriptNotesPPT
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Oct 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Sep 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Mar 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Nov 2011TranscriptNotesPPT
Market Share
As of FY24, the bank has a deposit market share of about 22.55% and a net advance share of 19.06% in India. [1]