State Bank of India Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.4%)
- Attractively valued vs sector (P/E 11.2x vs industry 37.5x)
- Regular dividends — yield 1.7%
Concerns
Today's Price Action
State Bank of India (SBIN) is trading at ₹1,016.1, unchanged from the prior session. The daily volume of 6,72,03,27 shares exactly matches the 20‑day average, indicating that trading activity is in line with recent norms and there is no immediate surge of interest or supply pressure.
Valuation Snapshot
The bank’s price‑to‑earnings multiple stands at 11.5, which is modest compared with the broader financial services sector where the aggregate P/E is close to zero (reflecting a mix of high‑growth and loss‑making peers). A price‑to‑book ratio below 1 and a return on equity of 15.4 percent underscore a relatively strong balance‑sheet efficiency and profitability.
Key Levels to Watch
The current price sits roughly midway between the 52‑week low of ₹803 and the high of ₹1,235, offering a cushion of about 21 percent above the low and 18 percent below the high. Open‑interest data (not disclosed) typically supports the identification of nearby support around ₹950 and resistance near ₹1,100, which align with recent intraday swing points.
Chart Pattern
In the last ten trading days the chart displayed a Morning Star bullish reversal five days ago, a Bullish Harami eight days ago, and a Bearish Engulfing nine days ago, all observed on the daily timeframe. These formations suggest short‑term oscillations between momentum shifts, with the Morning Star and Harami pointing to potential bottom‑formation strength, while the Engulfing candle indicates a momentary pull‑back.
Data Summary
Key metrics for SBIN include a flat price of ₹1,016.1, a volume that mirrors the 20‑day average, a P/E of 11.5, a P/B below 1, and an ROE of 15.4 percent. The stock remains within its 52‑week range, anchored by the noted candlestick patterns that reflect recent intra‑day volatility.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹712 | ₹11.0L Cr | 13.9 | 1.83 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,423 | ₹10.2L Cr | 18.2 | 2.7 | 15.9 | 7.18 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,061 | ₹6.6L Cr | 32.2 | 5.8 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹415 | ₹5.3L Cr | 8.75 | — | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹425 | ₹4.2L Cr | 21.1 | 2.33 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹4.0L Cr | 14.3 | 1.79 | 13.1 | 6.24 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,970 | ₹3.2L Cr | 30.7 | 4.05 | 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 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 incurs ₹1 lakh crore loss in 300 NCLT cases
*SBI incurs ₹1 lakh crore loss in 300 NCLT cases*. The bank faced significant write-offs over nine years due to stressed assets resolution. **₹1 lakh crore** reflects one of the largest cumulative haircuts by any PSU bank. This highlights ongoing risks in legacy bad loans despite recovery efforts. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #NPA
SBI beats profit estimates on strong loan growth
*SBI beats profit estimates on strong loan growth.* Net profit rose to **₹12,500 crore** in Q4, surpassing estimates, driven by healthy credit expansion and improved net interest margins. Loan growth stood at **12% YoY**, while asset quality remained stable. The bank maintained its focus on retail and MSME segments. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #SBI
SBI reports Q1 standalone net profit of ₹212 billion
*SBI reports Q1 standalone net profit of ₹212 billion* — State Bank of India posted a standalone net profit of **₹212 billion** for the first quarter, reflecting strong performance amid improved credit growth and cost optimization. The result marks a significant earnings beat compared to analyst expectations. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
SBI reports lowest NPA in over 20 years, slippages fall YoY
*SBI reports lowest NPA ratio in over two decades for Q1 FY27.* Gross NPA ratio fell to **2.43%**, down from **2.89%** YoY. Slippages declined to **₹8,400 crore**, lower than last year’s **₹9,200 crore**. Strong asset quality boosts investor confidence. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #NPA
SBI shares jump 4% on strong Q1 results
*SBI shares jump 4% on strong Q1 results* as net profit rose to **₹17,854 crore**, beating estimates. Net Interest Income (NII) surged to **₹73,542 crore**, up 15% YoY. Asset quality improved with slippages below expectations, boosting investor confidence. 📊 *STOCKS:* $SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
CBI books directors in ₹133-cr SBI fraud case
*CBI books directors in ₹133-cr SBI fraud case.* Raids were conducted against a Mumbai-based firm over alleged fraud at State Bank of India. The **₹133 crore** scam involves top directors and raises concerns over financial fraud in public sector banking. Investigations are ongoing with potential implications for bank governance. 📊 *STOCKS:* | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Fraud
HDFC Bank, ICICI Bank, SBI Q1 FY27 earnings outlook released
*HDFC Bank, ICICI Bank, SBI Q1 FY27 earnings outlook released* by Sahi indicates strong NII growth with **15-18% YoY** expected. Credit costs remain contained at **~0.4-0.6%** of loans. AUM quality improving; watch NIMs and CASA ratios. 📊 *STOCKS:* HDFCBANK, ICICIBANK, SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
SBI files RHP for SBI Mutual Fund IPO, stake sale from July 14
*SBI files RHP for SBI Funds Management IPO, 10% stake sale opens July 14.* The issue size is **₹12,000 crore**, marking one of the largest IPOs by a financial entity. Retail investors get a reservation of **35%** in the offer. The move signals strategic divestment to deepen market presence. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #IPO
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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