State Bank Of India

NSE: SBIN BSE: 500112 SECTOR: Bank - Public

429.95
+6.65 (1.57%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 433.25

Today's Low

₹ 424

52 Week High

₹ 441.95

52 Week Low

₹ 175.5

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.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

383713.67 Cr.

CASA %

45.4

No. of Shares

892.46 Cr.

P/E

18.8

P/B

1.67

Face Value

₹ 1

Div. Yield

0.95%

Book Value (TTM)

₹  258.05

Net Interest Income

110710 Cr.

Cost To Income %

53.6

Promoter Holding

57.62%

EPS (TTM)

₹  22.87

CAR %

13.74%

ROE

9.31 %

ROCE

6.49 %

Profit Growth

40.88 %

* 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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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.
* The chart is based on the standalone earnings of the company.

Peer Comparison

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

 Group Companies

Ratios

ROE%

1 Year9.31%
3 Year5.64%
5 Year4.03%

ROA%

1 Year0.48%
3 Year0.29%
5 Year0.22%

Net NPA%

1 Year1.5%
3 Year2.25%
5 Year3.24%

 NIM

1 Year2.67%
3 Year2.67%
5 Year2.56%

CAR %

13.74

Cost of Liabilities %

3.768154581781

PEG Ratio

0.46

Advances Growth %

5.34162422174245

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 57.62 0
Mar 2021 57.63 0
Dec 2020 57.64 0
Sep 2020 57.63 0
Jun 2020 57.64 0
* Figures given above are % of equity capital

 Strengths

  • CASA stands at 45.3994971164083% of total deposits.
  • The company has delivered good Profit growth of 72.3246308297123% over the past 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.294955847613426%
  • Company has a low ROE of 5.6377529855034% over the last 3 years.
  • High Cost to income ratio of 53.5984477897254%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Interest Earned 62681.4 66500.38 66814.11 66734.5 65101.64
Other Income 13346.11 7957.48 8527.69 9246.15 16225.32
Interest Expended 39914.48 39858.82 38632.61 37914.56 38034.64
Operating Expenses 20379.25 18077.69 20249.43 20732.93 23592.17
Total Provisions 13495.08 12501.3 10118.31 10342.39 11051.03
Profit Before Tax 4970.04 5559.78 6341.45 6990.77 8649.12
Tax 1389.23 1370.44 1767.29 1794.55 2198.37
Net Profit 3580.81 4189.34 4574.16 5196.22 6450.75
Net NPA % 2.23 1.86 1.59 1.23 1.5
Gross NPA % 6.15 5.44 5.28 4.77 4.98
Return on Assets % 0.37 0.42 0.44 0.49 0.58
NPM % 5.71 6.3 6.85 7.79 9.91

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Interest Earned 175518.24 220499.32 242868.65 257323.59 265150.63
Other Income 35460.93 44600.69 36774.89 45221.48 43496.37
Interest Expended 113658.5 145645.6 154519.78 159238.77 154440.63
Operating Expenses 46472.77 59943.45 69687.74 75173.69 82652.22
Total Provisions 35992.72 75039.2 53128.55 43330.37 44013.03
Profit Before Tax 14855.17 -15528.24 2307.48 24802.24 27541.12
Taxes 4371.07 -8980.79 1445.25 10314.13 7130.65
Net Profit 10484.1 -6547.45 862.23 14488.11 20410.47
Adjusted EPS (Rs.) 13.15 -7.34 0.97 16.23 22.87

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 797.35 892.46 892.46 892.46 892.46
Total Reserves 187488.71 218236.1 220021.36 231114.97 252982.73
Deposits 2044751.39 2706343.29 2911386.01 3241620.73 3681277.08
Borrowings 317693.66 362142.07 403017.12 314655.65 417297.7
Other Liabilities 155235.19 167138.08 145597.3 163110.1 181979.66
Total Liabilities 2705966.3 3454752 3680914.25 3951393.92 4534429.63
Assets
Balance with RBI 127997.62 150397.18 176932.42 166735.78 213201.54
Balance with Banks 43974.03 41501.46 45557.69 84361.23 129837.17
Investments 765989.63 1060986.72 967021.95 1046954.52 1351705.21
Advances 1571078.38 1934880.19 2185876.92 2325289.56 2449497.79
Net Block 42344.99 39200.71 38508.94 38023.39 38067.41
Other Assets 154007.72 226994.2 266327.7 289613.55 351768.68
Total Assets 2705966.3 3454752 3680914.25 3951393.92 4534429.63
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 57.64 57.63 57.64 57.63 57.62
president of india 57.64 57.63 57.64 57.63 0
central government 0 0 0 0 57.62
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 9.55 9.13 7.46 7.83 7.7
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 32.41 33.04 34.7 34.34 34.53
hdfc trustee company ltd.... 3.72 3.7 3.53 2.87 2.71
life insurancwe corporati... 0 0 0 0 0
government of singapore 0 0 0 0 0
icici prudential value fu... 0 1.22 0 0 0
reliance capital trustee ... 0 0 0 0 0
icici prudential value fu... 0 0 0 0 0
sbi-etf sensex 2.86 2.24 2.27 2.09 2.15
icici prudential value fu... 1.26 0 0 0 0
life insurance corporatio... 9.98 10 0 0 0
reliance capital trustee ... 1.57 0 0 0 0
reliance capital trustee ... 0 1.61 0 0 0
life insurance corporatio... 0 0 9.74 0 0
nippon life india trustee... 0 0 1.57 1.48 1.29
prudential icici trust lt... 0 0 1.24 1.37 1.19
life insurance corporatio... 0 0 0 9.25 0
life insurance corporatio... 0 0 0 0 8.62

Company News

State Bank of India opens branch in President's Estate26 Jul 2021, 12:45PM SBI working towards launching next version of Yono17 Jul 2021, 9:07AM State Bank Of India informs about investor meet12 Jul 2021, 3:21PM SBI planning to auction two NPA accounts next month to recover dues 7 Jul 2021, 10:19AM SBI to levy charges for cash withdrawal beyond 4 free transactions per month29 Jun 2021, 3:04PM SBI launches Aarogyam healthcare business loan25 Jun 2021, 10:39AM SBI gets nod to raise Rs 14,000 crore via Basel-III compliant bonds 22 Jun 2021, 11:25AM SBI invites bids for two NPA accounts with outstanding dues of Rs 60 crore18 Jun 2021, 10:38AM SBI planning to raise additional tier-1 capital17 Jun 2021, 9:13AM SBI witnesses rebound in domestic advances growth to 5.67% in FY215 Jun 2021, 8:34AM State Bank Of India informs about annual report4 Jun 2021, 12:26PM State Bank of India to auction two NPA accounts2 Jun 2021, 1:13PM State Bank Of India informs about investor interactions1 Jun 2021, 10:08AM State Bank Of India submits press release and copy of presentation21 May 2021, 4:18PM SBI reports 60% rise in Q4 consolidated net profit21 May 2021, 3:43PM SBI launches full power YONO Savings Account20 May 2021, 12:40PM SBI to sell three bad accounts next month to recover dues of over Rs 235 crore17 May 2021, 11:55AM SBI, EIB to jointly pump Euro 100 million into Indian SMEs focused on climate change, sustainability8 May 2021, 10:00AM SBI’s various digital services to be affected on May 7 due to maintenance activities7 May 2021, 12:23PM SBI allocates Rs 70 crore to combat 2nd wave of COVID-194 May 2021, 10:10AM State Bank of India to support various initiatives in combating second wave of Covid-193 May 2021, 2:27PM SBI decides to permit acceptance of documents for KYC updation through mail or post3 May 2021, 12:20PM SBI’s Yono joins hands with Shivrai Technologies29 Apr 2021, 1:35PM SBI’s arm to bear cost of COVID-19 vaccination for active agents, point of sale persons28 Apr 2021, 12:07PM SBI planning to raise long term fund27 Apr 2021, 4:33PM SBI’s arm launches helpline for health insurance customers20 Apr 2021, 4:24PM Irdai imposes penalty of Rs 25 lakh on SBI’s arm19 Apr 2021, 11:53AM SBI puts up for sale NPA account of MSP Metallics17 Apr 2021, 10:56AM State Bank of India hikes home loan rate to 6.95%5 Apr 2021, 2:17PM SBI raises $1 billion loan from JBIC to help COVID-hit Japanese auto manufacturers in India31 Mar 2021, 2:38PM SBI’s arm to cover vaccine cost for low-income beneficiaries in Maharashtra, Andhra Pradesh 26 Mar 2021, 12:02PM SBI extends first SOFR-linked ECB to Indian Oil Corporation 17 Mar 2021, 10:07AM RBI imposes penalty of Rs 2 crore on SBI for contravention of norms17 Mar 2021, 9:47AM SBI informs about loss of share certificates12 Mar 2021, 2:15PM SBI to conduct e-auctions of 12 bad accounts in March 12 Mar 2021, 9:54AM State Bank of India contributes Rs 11 crore for government’s COVID-19 vaccination drive2 Mar 2021, 11:07AM SBI’s arm ties up with IOB for bancassurance partnership1 Mar 2021, 5:08PM State Bank of India informs about investor meet26 Feb 2021, 4:28PM SBI signs MoU with Shapoorji Pallonji Real Estate26 Feb 2021, 9:04AM SBI’s arm planning to launch YONO Merchant App22 Feb 2021, 9:31AM SBI preparing to start co-lending model for home loans11 Feb 2021, 9:29AM SBI crosses Rs 5 trillion-mark in home loan business10 Feb 2021, 4:59PM SBI reports 4% fall in Q3 consolidated net profit4 Feb 2021, 5:03PM SBI executes two inter-bank short term money market transactions21 Jan 2021, 11:39AM SBI's foreign currency bonds of $600 million gets listed on India INX15 Jan 2021, 9:57AM SBI, Mahindra Lifespace sign MoU for faster home loan approvals, discounts12 Jan 2021, 4:55PM SBI, IOC launch co-branded RuPay debit card8 Jan 2021, 9:50AM State Bank of India raises $600 million from bonds7 Jan 2021, 2:34PM CMS Info Systems to set up 3,000 ATMs for SBI by March6 Jan 2021, 1:07PM SBI to implement new cheque payment system from January 30 Dec 2020, 12:27PM

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 265150.6338 Cr. revenue in the latest financial year. It has posted Poor revenue growth of 6.33956374454803 % in last 3 Years.

  • In terms of advances, the bank reported 5.34162422174245 % YOY,  rise . If you see 3 years advance growth, it stands at 8.17850900744079 %.

  • Currently the company has a CASA ratio of 45.3994971164083 %. It’s overall cost of liability stands at 3.768154581781 %. Also, the total deposits from these accounts stood at Rs 3681277.0796 Cr.

  • The Bank has a Poor ROA track record. The ROA of SBI is at 0.481048640280158 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 4.98 % and 1.5 % 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 positive at 1.57547360363521 % which means it has increased 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 43496.3747 Cr.

  • The company has a Good Capital Adequacy Ratio of 13.74 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently SBI is trading at a P/B of 1.6404 . The historical average PB was 1.27050461689189.

Brief about SBI

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