State Bank of India Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 15.4%)
- ✓Attractively valued vs sector (P/E 10.6x vs industry 35.7x)
- ✓Regular dividends — yield 1.8%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹748 | ₹11.5L Cr | 15.2 | 1.98 | 13.8 | 7.04 | — |
| ICICIBANK ICICI Bank Limited | ₹1,261 | ₹8.8L Cr | 16.2 | 2.51 | 16.1 | 7.2 | — |
| BAJFINANCE Bajaj Finance Limited | ₹890 | ₹5.5L Cr | 28.6 | 4.86 | 18.2 | 10.8 | — |
| LICI Life Insurance Corporation Of India | ₹400 | ₹5.1L Cr | 8.83 | 2.86 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹3.9L Cr | 14.8 | 1.85 | 13.2 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹377 | ₹3.8L Cr | 19.8 | 2.07 | 11.2 | 6.93 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,700 | ₹2.8L Cr | 28 | 3.49 | 13.2 | 10.5 | 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
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 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 shares drop 10% after broker downgrades
*SBI shares drop 10% after broker downgrades* — State Bank of India (SBIN) fell sharply after multiple brokerages downgraded the stock citing concerns over rising provisioning and margin pressure. The stock lost **10%** over two sessions, dragging down the banking index. F&O traders face increased volatility with key support at **₹600**. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #brokerage-downgrade
SBI maintains 13-15% credit growth guidance for FY27
*SBI maintains 13-15% credit growth guidance for FY27.* The bank reaffirmed its strong lending trajectory, signaling confidence in asset quality and demand. Credit growth remains focused on retail and MSME segments with **13-15%** target sustained. 📊 *STOCKS:* SBIN | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #CreditGrowth
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 | ₹48.5K Cr ▲124.1% | ₹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 | ₹-13.7K Cr ▼38.8% | ₹-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 | ₹42.8K Cr ▲145.5% | ₹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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