State Bank of India Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.4%)
- Attractively valued vs sector (P/E 10.5x vs industry 33.1x)
- Regular dividends — yield 1.8%
Concerns
Today's Price Action
The stock closed at ₹956.8, unchanged from the previous session. Trading volume matched the 20‑day average at 1,10,10,065 shares, indicating a neutral participation level. The lack of price movement despite average volume suggests equilibrium between buying and selling pressure at the current level today.
Valuation Snapshot
SBIN trades at a price‑to‑earnings multiple of 10.5, which is modest given the sector average is not disclosed. A return on equity of 15.4 % reflects solid profitability. The 15.4 % ROE exceeds the average return of major Indian banks, which generally hovers around 12 %, underscoring efficient capital deployment.
Key Levels to Watch
The current price sits near the lower end of the 52‑week range, with the 52‑week low at ₹906 and the high at ₹1,235. Open‑interest clusters from the nearest options strike suggest support around ₹940 and resistance near ₹980. The nearest open‑interest peak sits at the ₹970 strike for the March expiry, while implied volatility contracts around 13 %, hinting at a settled market outlook.
Chart Pattern
In the daily chart, a bullish hammer formed three days ago, followed by a bearish engulfing pattern six days ago and a tweezer top eight days ago. These candlesticks illustrate short‑term indecision and a mix of reversal signals.
Data Summary
SBIN’s market capitalization is listed as ₹0 Cr, and the price‑to‑book ratio stands at zero; the stock also carries a trailing P/E of 10.5 and a dividend yield of approximately 5 %. The stock’s price movement over the last ten sessions shows limited volatility, with no net change in price; average daily range over the same period remains under 2 %, confirming a subdued trading environment.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,652 | ₹2.7L Cr | 25.8 | 3.39 | 13.2 | 10.6 | 5.13 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
SBIN · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 57.49% | 57.54% | 57.54% | 57.51% | 57.43% | 57.43% |
| FII | 10.91% | 11.09% | 11.15% | 10.71% | 10.27% | 9.94% |
| DII | 24.15% | 23.96% | 23.61% | 23.96% | 24.79% | 24.92% |
| Public | 7.40% | 7.37% | 7.67% | 7.67% | 7.35% | 7.54% |
| Govt | 0.03% | 0.03% | 0.03% | 0.14% | 0.14% | 0.14% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the financial results for the period ended Jun 30, 2026
To consider Fund Raising
Dividend - Rs 17.35 Per Share
Record: 15 May 2026
To consider long term fund raising in single / multiple tranches
To consider and approve the financial results for the period ended March 31, 2026 and dividend, if any
Dividend - Rs 15.90 Per Share
Dividend - Rs 13.70 Per Share
Dividend - Rs 11.30 Per Share
Latest News
All newsSBI discloses updated credit rating in exchange filing
*SBI discloses updated credit rating in exchange filing.* The bank informed the exchange about its current credit rating status, a routine regulatory update. No changes in operations or financials were indicated. Such disclosures are standard for public debt instruments. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #LOWIMPACT #CreditRating
SBI board meets; no major announcements disclosed
*SBI board meets; no major announcements disclosed* State Bank of India informed the exchange about the outcome of its board meeting held on Jun 18, 2026. No significant decisions like dividend, capital raising, or leadership changes were disclosed. The absence of material updates suggests business continuity. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #LOWIMPACT #SBI
SBI reports data breach, raises security concerns
*SBI reports data breach, raises security concerns* State Bank of India has confirmed a data leak affecting customer information, sparking fears over cybersecurity. The breach involved third-party vendor credentials, potentially exposing account details. SBI assures customers that core banking systems remain secure and funds are safe. Regulatory scrutiny and reputational risk loom large. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #CyberSecurity
SBI confirms customer data breach on Dark Web
*SBI confirms customer data breach on Dark Web.* The bank acknowledged potential exposure of customer information on the Dark Web, triggering concerns over data security. While no financial loss is reported yet, investigations are ongoing and reputational risk remains **high**. Regulatory scrutiny from RBI may follow. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #DataBreach
SBI confirms data breach of 3,800 customer records
*SBI confirms data breach of 3,800 customer records*\nState Bank of India has confirmed a cyberattack leading to the theft of **over 3,800 customer records**, now shared on the dark web. The breach raises serious concerns about cybersecurity in India's largest lender. Regulatory scrutiny and reputational risk may impact near-term sentiment.\n\n📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Cyberattack
SBI reports cyber incident with customer data on dark web
*SBI reports cyber incident with customer data on dark web*. State Bank of India has disclosed a cyber incident involving the exposure of customer data on the dark web. The bank confirmed it is investigating the breach and assessing the scale of data compromise. **No financial loss reported yet**, but potential reputational and regulatory risks loom large. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #CyberSecurity
SBI to announce quarterly results on November 5
*SBI to announce quarterly results on November 5*. State Bank of India (SBI) is set to release its quarterly earnings on **November 5**, a key event for F&O traders. Market participants will closely watch **NII, net profit, and NPA levels** for directional cues. Strong results could boost banking sector sentiment. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
SBI raises lending rates after RBI repo rate hike
*SBI raises lending rates after RBI repo rate hike* — State Bank of India has increased its lending rates by **0.10% to 0.25%** across tenures, effective immediately. This follows the RBI's recent **60 bps repo rate hike**, making home, auto, and personal loans costlier. Borrowers with floating-rate loans will see EMI increases starting next month. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #SBI
SBI raises lending rates; higher EMIs expected
*SBI raises lending rates; higher EMIs expected* — State Bank of India has increased its external benchmark-based lending rates (EBLR) by **0.15%**, effective immediately. This revision will lead to higher EMIs for retail and corporate borrowers, impacting loan affordability. The move follows rising funding costs and RBI's tight monetary stance. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #SBI
SBI chairman comments on FD rates post-RBI repo hike
*SBI chairman comments on FD rates post-RBI repo hike* — Following the RBI's recent repo rate increase, investors expect higher fixed deposit rates. SBI chairman indicated that while hikes are possible, they may not be immediate or fully aligned with the repo hike. Margins and competition will influence final decisions. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #RBI
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Op. Profit | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — |
| Net Profit | ₹22.2K Cr 1.4% | ₹21.9K Cr 1.2% | ₹22.1K Cr 8.5% | ₹20.4K Cr 4.6% | ₹19.5K Cr 5.3% | ₹20.6K Cr 2.3% | ₹20.1K Cr 9.5% | ₹22.2K Cr |
| EPS (₹) | 23.09 0.8% | 22.9 3.6% | 23.76 8.2% | 21.96 4.0% | 21.12 4.7% | 22.17 2.4% | 21.65 9.6% | 23.96 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | — |
| Expenses | ₹2.8L Cr 10.6% | ₹2.5L Cr 5.1% | ₹2.4L Cr 17.4% | ₹2.0L Cr 3.5% | ₹2.0L Cr 2.3% | ₹1.9L Cr 11.5% | ₹1.7L Cr 4.1% | ₹1.7L Cr 1.8% | ₹1.7L Cr 16.1% | ₹1.5L Cr |
| Op. Profit | — | — | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — | — | — |
| Other Income | ₹2.0L Cr 14.3% | ₹1.7L Cr 11.4% | ₹1.6L Cr 26.8% | ₹1.2L Cr 4.7% | ₹1.2L Cr 9.1% | ₹1.1L Cr 9.2% | ₹98.2K Cr 26.9% | ₹77.4K Cr 0.2% | ₹77.6K Cr 13.7% | ₹68.2K Cr |
| Interest | ₹3.2L Cr 4.7% | ₹3.0L Cr 15.9% | ₹2.6L Cr 36.7% | ₹1.9L Cr 21.6% | ₹1.6L Cr 0.1% | ₹1.6L Cr 3.2% | ₹1.6L Cr 3.4% | ₹1.6L Cr 6.3% | ₹1.5L Cr 1.7% | ₹1.5L Cr |
| Depreciation | ₹4.8K Cr 21.0% | ₹4.0K Cr 3.7% | ₹3.8K Cr 4.1% | ₹3.7K Cr 0.1% | ₹3.7K Cr 0.5% | ₹3.7K Cr 1.3% | ₹3.7K Cr 4.7% | ₹3.5K Cr 12.6% | ₹3.1K Cr 6.5% | ₹2.9K Cr |
| PBT | ₹1.1L Cr 7.2% | ₹1.1L Cr 16.6% | ₹91.2K Cr 21.0% | ₹75.4K Cr 51.6% | ₹49.7K Cr 51.7% | ₹32.8K Cr 8.2% | ₹30.3K Cr 480.8% | ₹5.2K Cr 142.6% | ₹-12.2K Cr 1395.8% | ₹945 Cr |
| Tax % | 25.0% 3.8% | 26.0% 4.0% | 25.0% 0.0% | 25.0% 7.4% | 27.0% 3.8% | 26.0% 35.0% | 40.0% 2.4% | 41.0% 162.1% | -66.0% 146.8% | 141.0% |
| Net Profit | ₹86.7K Cr 7.6% | ₹80.5K Cr 15.8% | ₹69.5K Cr 20.4% | ₹57.8K Cr 55.3% | ₹37.2K Cr 55.7% | ₹23.9K Cr 13.0% | ₹21.1K Cr 530.9% | ₹3.4K Cr 189.4% | ₹-3.7K Cr 3764.9% | ₹-97 Cr |
| EPS (₹) | 90.24 3.8% | 86.91 15.6% | 75.17 20.6% | 62.35 57.3% | 39.64 57.9% | 25.11 13.4% | 22.15 758.5% | 2.58 150.5% | -5.11 1803.3% | 0.3 |
| Div Payout | 19.0% 5.6% | 18.0% 0.0% | 18.0% 0.0% | 18.0% 0.0% | 18.0% 12.5% | 16.0% | 0.0% | 0.0% | 0.0% 100.0% | 859.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹923 Cr 3.5% | ₹892 Cr 0.0% | ₹892 Cr 0.0% | ₹892 Cr 0.0% | ₹892 Cr 0.0% | ₹892 Cr 0.0% | ₹892 Cr 0.0% | ₹892 Cr 0.0% | ₹892 Cr 11.9% | ₹797 Cr |
| Reserves | ₹5.7L Cr 16.9% | ₹4.9L Cr 17.4% | ₹4.1L Cr 15.6% | ₹3.6L Cr 17.5% | ₹3.0L Cr 10.9% | ₹2.7L Cr 9.8% | ₹2.5L Cr 7.1% | ₹2.3L Cr 1.8% | ₹2.3L Cr 6.0% | ₹2.2L Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other Liabilities | ₹8.0L Cr 2.9% | ₹7.8L Cr 8.9% | ₹7.1L Cr 17.6% | ₹6.1L Cr 16.8% | ₹5.2L Cr 23.2% | ₹4.2L Cr 24.0% | ₹3.4L Cr 13.2% | ₹3.0L Cr 1.6% | ₹2.9L Cr 2.2% | ₹2.9L Cr |
| Total Liabilities | ₹76.7L Cr 4.9% | ₹73.1L Cr 8.6% | ₹67.3L Cr 13.1% | ₹59.5L Cr 11.1% | ₹53.6L Cr 10.6% | ₹48.5L Cr 15.4% | ₹42.0L Cr 7.9% | ₹38.9L Cr 7.5% | ₹36.2L Cr 5.1% | ₹34.4L Cr |
Assets | ||||||||||
| Fixed Assets | ₹54.4K Cr 13.9% | ₹47.7K Cr 3.6% | ₹46.1K Cr 0.4% | ₹45.9K Cr 11.8% | ₹41.0K Cr 1.4% | ₹41.6K Cr 5.0% | ₹39.6K Cr 0.8% | ₹39.9K Cr 5.0% | ₹42.0K Cr 17.9% | ₹51.2K Cr |
| CWIP | ₹0 Cr 100.0% | ₹41 Cr 2.4% | ₹42 Cr 36.4% | ₹66 Cr 135.7% | ₹28 Cr 75.9% | ₹116 Cr 75.3% | ₹470 Cr 38.3% | ₹762 Cr 17.6% | ₹925 Cr 33.1% | ₹695 Cr |
| Investments | ₹22.8L Cr 3.2% | ₹22.1L Cr 4.5% | ₹21.1L Cr 10.3% | ₹19.1L Cr 7.7% | ₹17.8L Cr 11.4% | ₹16.0L Cr 29.9% | ₹12.3L Cr 9.7% | ₹11.2L Cr 5.5% | ₹11.8L Cr 15.2% | ₹10.3L Cr |
| Other Assets | ₹53.4L Cr 5.6% | ₹50.6L Cr 10.6% | ₹45.8L Cr 14.6% | ₹40.0L Cr 12.8% | ₹35.4L Cr 10.4% | ₹32.1L Cr 9.5% | ₹29.3L Cr 7.4% | ₹27.3L Cr 14.2% | ₹23.9L Cr 1.1% | ₹23.6L Cr |
| Total Assets | ₹76.7L Cr 4.9% | ₹73.1L Cr 8.6% | ₹67.3L Cr 13.1% | ₹59.5L Cr 11.1% | ₹53.6L Cr 10.6% | ₹48.5L Cr 15.4% | ₹42.0L Cr 7.9% | ₹38.9L Cr 7.5% | ₹36.2L Cr 5.1% | ₹34.4L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹45.5K Cr 110.3% | ₹21.6K Cr 125.1% | ₹-86.0K Cr 249.1% | ₹57.7K Cr 35.8% | ₹89.9K Cr 275.8% | ₹23.9K Cr 19.0% | ₹29.6K Cr 130.6% | ₹-96.5K Cr 224.7% | ₹77.4K Cr 434.7% | ₹14.5K Cr |
| Investing CF | ₹-3.4K Cr 2.6% | ₹-3.5K Cr 259.8% | ₹-966 Cr 63.6% | ₹-2.7K Cr 27.7% | ₹-3.7K Cr 561.3% | ₹-555 Cr 352.3% | ₹220 Cr 98.3% | ₹13.1K Cr 385.5% | ₹-4.6K Cr 66.4% | ₹-2.7K Cr |
| Financing CF | ₹-10.7K Cr 8.5% | ₹-9.9K Cr 255.0% | ₹6.4K Cr 266.1% | ₹-3.8K Cr 153.8% | ₹7.1K Cr 31.5% | ₹5.4K Cr 1112.1% | ₹448 Cr 91.9% | ₹5.5K Cr 232.2% | ₹-4.2K Cr 196.5% | ₹4.3K Cr |
| Net Cash Flow | ₹31.4K Cr 279.7% | ₹8.3K Cr 110.2% | ₹-80.6K Cr 257.4% | ₹51.2K Cr 45.2% | ₹93.4K Cr 224.2% | ₹28.8K Cr 4.7% | ₹30.2K Cr 138.8% | ₹-77.9K Cr 213.5% | ₹68.6K Cr 326.9% | ₹16.1K Cr |
| Free Cash Flow | ₹39.8K Cr 128.3% | ₹17.5K Cr 120.3% | ₹-86.0K Cr 257.4% | ₹54.6K Cr 36.5% | ₹86.1K Cr 312.6% | ₹20.9K Cr 21.4% | ₹26.6K Cr 129.5% | ₹-89.9K Cr 223.2% | ₹73.0K Cr 582.0% | ₹10.7K Cr |
Values in ₹ Cr · Source: Screener.in
Deep Dive Analysis
About 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]
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