SBI

State Bank Of India

NSE: SBIN BSE: 500112 SECTOR: Bank - Public  584k   6k   1k

544.20
+16.10 (3.05%)
NSE: 03 Feb 03:59 PM

Price Summary

Today's High

₹ 545.95

Today's Low

₹ 519.15

52 Week High

₹ 629.55

52 Week Low

₹ 425

FinStar

Ownership Very Stable
High level of belief in company’s potential exhibited by insiders.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 485677.37 Cr.

CASA %

44.52

No. of Shares

892.46 Cr.

P/E

13.17

P/B

1.73

Face Value

₹ 1

Div. Yield

1.3 %

Book Value (TTM)

₹  315.46

Net Interest Income

₹ 120707.59 Cr.

Cost To Income %

57.91

Promoter Holding

57.5 %

EPS (TTM)

₹  41.32

CAR %

13.83

ROE

13.01 %

ROCE

8.27%

Profit Growth

55.19 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 40 Indices.

BANKNIFTY

Nifty Bank
41499.7
  830.399999999994 (2.04183499593058%)

NIFTYSERVICE

Nifty Services Sector
23955.55
  371.450000000001 (1.57500180206156%)

NIFTYEQWGT

NIFTY50 Equal Weight
20059.9
  199.350000000002 (1.00374863737409%)

NIFTY100WEIGHT

Nifty100 Equal Weight
19613.1
  93.75 (0.480292632695245%)

NIFTYFINANCE

Nifty Financial Services
18447.65
  425.5 (2.36098356744339%)

NFTY200MOM30

Nifty200 Momentum 30
18294.9
  329.150000000001 (1.83209718492132%)

NIFTY

Nifty 50
17854.05
  243.649999999998 (1.38355744332892%)

NIFTY100

Nifty 100
17687.35
  197.049999999999 (1.1266244718501%)

NTYFIN2550

Nifty Financial Services 25/50
17629.25
  366.900000000001 (2.12543483361189%)

NFTALLO30

NIFTY Alpha Low-Volatility 30
16952.8
  183.299999999999 (1.09305584543367%)

NIFTY500

Nifty 500
14962.35
  122.950000000001 (0.828537541949137%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
9822.2
  48.7000000000007 (0.498286182022833%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
9736.5
  41.8999999999996 (0.43219936872072%)

NIFTY200

Nifty 200
9249.8
  87.6999999999989 (0.957204134423328%)

NIFTYTOTALMCAP

Nifty Total Market index
8329.2
  65.25 (0.789573993066273%)

LIQ15

Nifty100 Liquid 15
4441.45
  87.9499999999998 (2.02021362122429%)

NIFTYPSUBANK

Nifty PSU Bank
3888.6
  115.95 (3.07343644387896%)

NIFTY100ESG

NIFTY100 ESG
3327.8
  24.1500000000001 (0.731009640851799%)

NIFTY100ESGSECT

Nifty100 ESG Sector Leaders
2919.6
  25.6999999999998 (0.888074916203041%)

NIFTY500VAL50

NIFTY500 Value 50
6995.57
  26.7599999999993 (0.383996693840105%)

NIFTYHOUSING

Nifty Housing Index
7625.43
  47.8600000000006 (0.631600895801698%)

NIFTYHIGHBETA

Nifty High Beta 50
2139.76
  13.9200000000001 (0.65479998494713%)

NT100ALP30

NIFTY100 Alpha 30
10552.79
  86.4800000000014 (0.826270194557588%)

SENSEX

S&P Bse Sensex
60841.88
  909.639999999999 (1.51778074705702%)

BANKEX

S&P Bse Bankex
47011.23
  931.690000000002 (2.02191688545503%)

BSE500

S&P Bse 500
23812.75
  192.66 (0.815661582999905%)

SNSX50

S&P Bse Sensex50
18786.42
  250.739999999998 (1.3527423865755%)

BSE100

S&P Bse 100
18074.47
  211.400000000001 (1.18344719020864%)

BSEPSU

S&P Bse PSU
9470.31
  77.0399999999991 (0.820161668939567%)

BSE200

S&P Bse 200
7592.72
  70.5100000000002 (0.937357505307612%)

LMI250

S&P Bse 250 LargeMidCap
7178.73
  64.6099999999997 (0.908193845479133%)

ALLCAP

S&P Bse Allcap
6836.86
  51.0699999999997 (0.752602128860458%)

LRGCAP

S&P Bse LargeCap
6782.72
  75.9800000000005 (1.13289019702569%)

BSE100LARGECAPTMC

S&P Bse 100 LargeCap TMC
6432.27
  69.8200000000006 (1.09737601081346%)

BHRT22

S&P Bse Bharat 22 Index
4816.9
  32.0599999999995 (0.670032853763125%)

CARBONEX

S&P Bse Carbonex
2953.68
  35.71 (1.22379599516103%)

SPBSMOIP

S&P Bse Momentum
1093.38
  5.12000000000012 (0.47047580541415%)

ESG100

S&P Bse 100 ESG Index
299.09
  4.13999999999999 (1.40362773351415%)

FIN

S&P Bse Finance
8656.78
  182.200000000001 (2.14995905401802%)

S&P LARGEMIDCAP

S&P Bse Large MidCap
7138.53
  67.0699999999997 (0.948460431084941%)

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

ROE%

1 Year13.01%
3 Year9.83%
5 Year5.24%

ROA%

1 Year0.67%
3 Year0.51%
5 Year0.27%

Net NPA%

1 Year1.02%
3 Year1.58%
5 Year2.7%

 NIM

1 Year2.62%
3 Year2.67%
5 Year2.59%

CAR %

13.83

Cost of Liabilities %

3.45610331063164

PEG Ratio

0.24

Advances Growth %

11.61335204439

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 57.5 0
Sep 2022 57.52 0
Jun 2022 57.57 0
Mar 2022 57.59 0
Dec 2021 57.6 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • CASA stands at 44.5159928456451% of total deposits.
  • The company has delivered good Profit growth of 232.431635379568% over the past 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.508673630573971%
  • High Cost to income ratio of 57.9132178606181%.
  • The company has delivered poor Income growth of 4.28633853346154% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Interest Earned 69678.12 70733.25 72676.37 79859.59 86616.04
Other Income 8673.42 11880.15 2312.2 8874.27 11467.73
Interest Expended 38990.72 39535.39 41480.44 44676.15 48547.42
Operating Expenses 20839.18 23361.18 20755.57 22937.69 24317.07
Total Provisions 6973.97 7237.45 4392.38 3038.67 5760.57
Profit Before Tax 11547.67 12479.38 8360.18 18081.35 19458.71
Tax 3115.79 3365.85 2292.1 4816.83 5253.37
Net Profit 8431.88 9113.53 6068.08 13264.52 14205.34
Net NPA % 1.34 1.02 1 0.8 0.77
Gross NPA % 4.5 3.97 3.91 3.52 3.14
Return on Assets % 0.71 0.74 0.48 1.04 1.08
NPM % 12.1 12.88 8.35 16.61 16.4

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Interest Earned 220499.32 242868.65 257323.59 265150.63 275457.29
Other Income 44600.69 36774.89 45221.48 43496.37 40563.91
Interest Expended 145645.6 154519.78 159238.77 154440.63 154749.7
Operating Expenses 59943.45 69687.74 75173.69 82652.22 93397.52
Total Provisions 75039.2 53128.55 43330.37 44013.03 24452.13
Profit Before Tax -15528.24 2307.48 24802.24 27541.12 43421.85
Taxes -8980.79 1445.25 10314.13 7130.65 11745.87
Net Profit -6547.45 862.23 14488.11 20410.47 31675.98
Adjusted EPS (Rs.) -7.34 0.97 16.23 22.87 35.49

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 892.46 892.46 892.46 892.46 892.46
Total Reserves 218236.1 220021.36 231114.97 252982.73 279195.6
Deposits 2706343.29 2911386.01 3241620.73 3681277.08 4051534.12
Borrowings 362142.07 403017.12 314655.65 417297.7 426043.38
Other Liabilities 167138.08 145597.3 163110.1 181979.66 229931.84
Total Liabilities 3454752 3680914.25 3951393.92 4534429.63 4987597.41
Assets
Balance with RBI 150397.18 176932.42 166735.78 213201.54 257859.21
Balance with Banks 41501.46 45557.69 84361.23 129837.17 136693.11
Investments 1060986.72 967021.95 1046954.52 1351705.21 1481445.47
Advances 1934880.19 2185876.92 2325289.56 2449497.79 2733966.59
Net Block 39200.71 38508.94 38023.39 38067.41 37467.49
Other Assets 226994.2 266327.7 289613.55 351768.68 339924.86
Total Assets 3454752 3680914.25 3951393.92 4534429.63 4987597.41
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 57.60 57.59 57.57 57.52 57.50
government of india - - - - 57.46
president of india 57.59 57.57 57.52 57.50 -
central government - - - - -
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 42.40 42.41 42.43 42.48 42.50
life insurance cor... - - - - 10.55
life insurancwe co... - - - - -
life insurance cor... 8.40 8.62 8.74 8.75 -
hdfc trustee compa... 2.39 2.22 1.90 1.81 -
sbi tax advantage ... - - 3.22 3.41 -
hdfc trustee compa... - - - - 2.92
sbi-etf sensex 2.61 2.79 - - -
bharat 22 etf - - - - 1.70
reliance capital t... - - - - -
nippon life india ... 1.05 - - - -
icici prudential v... - 1.40 1.48 1.41 -
reliance capital t... - - - - 1.41
prudential icici t... 1.29 - - - -
sbi-etf nifty 50 - - - - 1.19
icici prudential v... - - - - -
europacific growth... - - - - 1.15
government of sing... - - - - -
nps trust-a/c uti ... - 1.09 1.11 1.12 -
nps trust-a/c sbi ... 1.03 - - - -
kotak tax saver sc... 1.02 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

State Bank of India’s arm opens office in Bengaluru3 Feb 2023, 12:27PM SBI inks pact to acquire 40% stake in Commercial Indo Bank21 Jan 2023, 11:53AM SBI raises Rs 9,718 crore through second infrastructure bond issuance19 Jan 2023, 9:39AM SBI inks MoU with Warehousing Development Regulatory Authority 17 Jan 2023, 2:57PM SBI gets approval to raise up to Rs 10,000 crore via infrastructure bonds 3 Jan 2023, 3:30PM State Bank Of India informs about outcome of executive committee meeting 3 Jan 2023, 3:04PM State Bank of India planning to raise upto Rs 10,000 crore through infrastructure bonds29 Dec 2022, 10:29AM State Bank of India gets nod to raise AT1 Capital up to Rs 10,000 crore15 Dec 2022, 3:27PM State Bank of India planning to raise Additional Tier 1 Capital10 Dec 2022, 3:12PM State Bank Of India informs about analyst meeting 8 Dec 2022, 4:51PM SBI crosses Rs 5 lakh crore mark in personal banking advances excluding home loans6 Dec 2022, 11:09AM SBI raises Rs 10,000 crore through infrastructure bond3 Dec 2022, 12:31PM SBI gets nod to raise fund of Rs 10,000 crore in FY2329 Nov 2022, 3:07PM State Bank of India planning to raise Rs 10,000 crore via infrastructure bonds25 Nov 2022, 11:09AM SBI signs loan agreement with German development bank KfW17 Nov 2022, 10:30AM State Bank of India reports 64% rise in Q2 consolidated net profit5 Nov 2022, 3:42PM State Bank Of India informs about press release5 Nov 2022, 3:27PM State Bank Of India informs about financial results5 Nov 2022, 3:21PM SBI - Quaterly Results5 Nov 2022, 1:34PM SBI - Quaterly Results5 Nov 2022, 1:34PM SBI - Quaterly Results5 Nov 2022, 1:34PM State Bank Of India informs about loss of share certificate17 Oct 2022, 4:20PM State Bank of India surpasses Rs 6 lakh crore AUM in residential home loans13 Oct 2022, 11:28AM State Bank Of India informs about certificate 11 Oct 2022, 4:54PM SBI lines up NPAs over Rs 746 crore for sale in October-November10 Oct 2022, 10:59AM SBI raises Rs 4,000 crore via Basel III compliant Tier 2 bonds22 Sep 2022, 9:19AM SBI inks pact with SIDBI, Union Bank of India, Bank of Maharashtra17 Sep 2022, 11:01AM SBI raises Rs 6,872 crore through AT 1 Bond 10 Sep 2022, 9:51AM SBI partners with WAAREE7 Sep 2022, 2:21PM SBI to sell non-performing loan account of Anamika Conductors1 Sep 2022, 4:19PM State Bank of India informs about newspaper publication27 Aug 2022, 11:40AM State Bank Of India informs about credit rating24 Aug 2022, 11:48AM State Bank Of India informs about disclosure24 Aug 2022, 11:43AM SBI sells NPA account of KSK Mahanadi Power to Aditya Birla ARC19 Aug 2022, 3:10PM SBI launches first dedicated branch for start-ups in Bengaluru17 Aug 2022, 11:08AM SBI files insolvency petition against Bajaj Hindusthan Sugar17 Aug 2022, 10:58AM State Bank Of India informs about analyst meet11 Aug 2022, 12:25PM State Bank Of India informs about analyst meet11 Aug 2022, 12:22PM SBI reports marginal fall in Q1 consolidated net profit8 Aug 2022, 10:30AM State Bank Of India informs about statement of deviation or variation6 Aug 2022, 3:49PM SBI - Quaterly Results6 Aug 2022, 1:18PM SBI - Quaterly Results6 Aug 2022, 1:18PM SBI - Quaterly Results6 Aug 2022, 1:18PM SBI sell 19.50% stake in HDFC Venture Capital 5 Aug 2022, 2:37PM SBI sets up wholly owned subsidiary4 Aug 2022, 11:38AM SBI inks pact to sell stake in HDFC Venture Capital to HDFC 30 Jul 2022, 9:46AM SBI gets nod to raise fund of Rs 11000 crore in FY2321 Jul 2022, 11:15AM SBI’s arm enters into partnership with Startup nurture.farm13 Jul 2022, 4:17PM SBI to auction Pioneer Gas account to recover loan dues of over Rs 180 crore9 Jul 2022, 11:08AM SBI renews MoU with Indian Air Force for DSP scheme 6 Jul 2022, 4:12PM

SBI Stock Price Analysis and Quick Research Report. Is SBI an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how SBI is performing and if it is the right time to buy the stock of SBI with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. SBI has earned Rs 275457.2904 Cr. revenue in the latest financial year. It has posted Poor revenue growth of 4.28633853346154 % in last 3 Years.

  • In terms of advances, the bank reported 11.61335204439 % YOY,  rise . If you see 3 years advance growth, it stands at 7.74302545130889 %.

  • Currently the company has a CASA ratio of 44.5159928456451 %. It’s overall cost of liability stands at 3.45610331063164 %. Also, the total deposits from these accounts stood at Rs 4051534.1227 Cr.

  • The Bank has a average ROA track record. The ROA of SBI is at 0.665320112582046 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 3.97 % and 1.02 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -44.4434224996581 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of SBI decreased and is currently at Rs 40563.914 Cr.

  • The company has a Good Capital Adequacy Ratio of 13.83 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently SBI is trading at a P/B of 1.7259 . The historical average PB was 1.31579711271679.

Brief about SBI

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