State Bank of India Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 15.4%)
- ✓Attractively valued vs sector (P/E 11.6x vs industry 35.4x)
- ✓Regular dividends — yield 1.7%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹754 | ₹12.6L Cr | 16 | 1.93 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,440 | ₹10.4L Cr | 18.5 | 2.73 | 17.3 | 7.59 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,056 | ₹6.6L Cr | 34.2 | 5.77 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹424 | ₹5.5L Cr | 9.54 | 3.03 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,234 | ₹4.1L Cr | 14.9 | 1.73 | 13.1 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹382 | ₹3.9L Cr | 19.4 | 2.1 | 11.4 | 6.98 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,878 | ₹3.0L Cr | 29.8 | 3.86 | 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 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 news →SBI 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
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
Panel may recommend merger of five state banks
*Panel may recommend merger of five state banks* — A high-level panel on banking reforms, led by former DFS secretary M. Nagaraj, could propose merging five public sector banks to enhance efficiency and competitiveness. The move aims to streamline operations and reduce redundancy across PSBs. Such consolidation may lead to stronger balance sheets with **₹500,000+ crore** in combined assets. Market reaction will depend on specifics of the proposed integration. 📊 *STOCKS:* | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Banking
NSE IPO to yield massive gains for SBI, early investors
*NSE IPO to yield massive gains for SBI, early investors.* Early backers like SBI could see returns of **over 2,500x** from initial investments as NSE's valuation nears **₹5,000 crore**. The IPO marks one of India's most lucrative exits for institutional investors. Retail traders may anticipate strong listing gains and sectoral spillover. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #IPO
SBI recovers ₹10,000 crore from written-off loans
*SBI recovers ₹10,000 crore from written-off loans* driven by improved recovery mechanisms under IBC and asset reconstruction company (ARC) sales. This significant clean-up boosts investor confidence in the bank’s asset quality. The recovery underscores the broader improvement in bad-loan resolution across public sector lenders. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #SBI
SBI shares drop 4% on Q4 NIM miss
*SBI shares drop 4% on Q4 NIM miss* after its net interest margin fell to **3.0%**, below estimates. Analysts cite rising deposit costs and competitive lending pressure. Q4 profit rose on strong loan growth and fee income. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #NIM
SBI beats profit estimate on strong loan growth
*SBI beats profit estimate on strong loan growth*. State Bank of India reported higher-than-expected profits driven by **15% YoY loan growth** and improved net interest margins. The bank's NII rose **12% YoY** to ₹52,000 crore, surpassing estimates. Asset quality remained stable with slippages at **2.1%**, below expectations. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #SBI
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]
Financial Services · Banks