State Bank of India reported a YoY increase of 15.8% in its advances, which is higher than its 5 yr CAGR of 9.77%. (Source: Consolidated Financials)
SBI Share Price
SBI Share Price
SBI share price insights
Net profit per employee has been continuously increasing over the last 3 years with a growth of 23.45% last year. (Source: Standalone Financials)
Stock gave a 3 year return of 77.71% as compared to Nifty 100 which gave a return of 42.25%. (as of last trading session)
The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 2.24% and 0.57%, respectively. (Source: Standalone Financials)
State Bank of India share price moved down by -1.11% from its previous close of Rs 821.15. State Bank of India stock last traded price is 812.05
Share Price Value Today/Current/Last 812.05 Previous Day 821.15
Key Metrics
PE Ratio (x) | 10.13 | ||||||||||
EPS - TTM (₹) | 80.18 | ||||||||||
MCap (₹ Cr.) | 7,24,723 | ||||||||||
Sectoral MCap Rank | 3 | ||||||||||
PB Ratio (x) | 1.70 | ||||||||||
Div Yield (%) | 1.69 | ||||||||||
Face Value (₹) | 1.00 | ||||||||||
Beta Beta
| 1.73 | ||||||||||
VWAP (₹) | 814.34 | ||||||||||
52W H/L (₹) |
SBI Share Price Returns
1 Day | -1.11% |
1 Week | -3.11% |
1 Month | -3.84% |
3 Months | 2.39% |
1 Year | 27.53% |
3 Years | 77.71% |
5 Years | 145.0% |
SBI Share Recommendations
Recent Recos
Current
Mean Recos by 38 Analysts
SellSellHoldBuyStrong
Buy
- Target₹950
- OrganizationICICI Direct
- BUY
- Target₹1030
- OrganizationAxis Securities
- BUY
Analyst Trends
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 17 | 17 | 18 | 18 |
Buy | 11 | 11 | 11 | 12 |
Hold | 5 | 5 | 5 | 4 |
Sell | 4 | 4 | 4 | 3 |
Strong Sell | 1 | 1 | 1 | 2 |
# Analysts | 38 | 38 | 39 | 39 |
SBI Financials
Insights
Profit Per Employee - Uptrend
Net profit per employee has been continuously increasing over the last 3 years with a growth of 23.45% last year. (Source: Standalone Financials)Beating 3 Yr Revenue CAGR
Company's annual revenue growth of 25.6% outperformed its 3 year CAGR of 15.39%. (Source: Consolidated Financials)
Quarterly | Annual Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Total Income 1,63,802.38 1,52,125.05 1,64,914.36 1,53,071.64 1,44,256.12 Total Income Growth (%) 7.68 -7.76 7.74 6.11 9.01 Provisions & Contingencies 5,585.84 4,407.62 2,391.53 1,445.25 767.62 Provisions & Contingencies Growth (%) 26.73 84.30 65.48 88.28 -75.24 Profit after Tax (PAT) 19,782.76 19,324.96 21,384.15 11,064.14 17,196.20 PAT Growth (%) 2.37 -9.63 93.27 -35.66 -7.23 Gross NPA (%) - - - - - Net NPA (%) - - - - - Net Profit Margin (%) 12.08 12.70 12.97 7.23 11.92 Basic EPS (₹) 22.17 21.65 23.96 12.40 18.04 All figures in Rs Cr, unless mentioned otherwise
Insights
Loan Book Growth - Beating 5 Yr CAGR
State Bank of India reported a YoY increase of 15.8% in its advances, which is higher than its 5 yr CAGR of 9.77%. (Source: Consolidated Financials)Falling Gross NPA and Net NPA
The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 2.24% and 0.57%, respectively. (Source: Standalone Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Advances 37,84,272.67 32,67,902.13 27,94,076.00 25,00,598.99 23,74,311.18 Advances Growth (%) 15.80 16.96 11.74 5.32 6.62 Deposits 49,66,537.49 44,68,535.51 40,87,410.60 37,15,331.24 32,74,160.63 Deposits Growth (%) 11.14 9.32 10.01 13.47 11.35 Total Equity 4,30,557.13 3,71,767.94 3,16,795.47 2,85,187.48 2,59,003.95 Total Equity Growth (%) 15.81 17.35 11.08 10.11 7.68 Gross NPA (%) - - - - - Net NPA (%) - - - - - Capital Adequacy Ratios (%) - - - - - Contingent Liabilities 23,97,594.80 18,35,524.38 20,07,232.49 17,14,239.52 12,21,083.11 All figures in Rs Cr, unless mentioned otherwise
Insights
Cash from Operations vs PAT
Operating cash flow of Rs 21632.43 cr is 0.32 times compared to the reported net profit of Rs 67084.67 cr. (Source: Consolidated Financials)Increase in Cash from Investing
Company has used Rs 4251.72 cr for investing activities which is an YoY increase of 5.22%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 21,632.43 -86,013.68 57,694.85 89,918.93 23,928.53 Net Cash used in Investing Activities -4,251.72 -4,040.97 -3,618.51 -3,736.23 -3,323.69 Net Cash flow from Financing Activities -9,896.28 6,386.38 -3,844.51 7,142.67 5,429.52 Net Cash Flow 8,260.39 -80,593.21 51,198.09 93,391.77 28,803.00 Closing Cash & Cash Equivalent 3,26,572.30 3,18,311.91 3,98,905.12 3,47,707.04 2,54,315.26 Closing Cash & Cash Equivalent Growth (%) 2.60 -20.20 14.72 36.72 12.77 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 17.31 16.80 12.53 8.89 8.69 Return on Assets (%) 0.99 0.93 0.65 0.46 0.47 Cost to Income (%) 70.44 66.97 52.68 53.21 51.27 Interest income to Earning assets (%) 6.52 5.89 5.40 5.73 6.42 Interest Expense to Earning assets (%) 3.85 3.19 2.91 3.21 3.83 Price to Earnings (x) 10.02 8.40 12.45 14.51 8.90 Price to Book (x) 1.73 1.41 1.56 1.29 0.77 Price to Sales (x) 1.53 1.33 1.52 1.17 0.65 Operating Profit Margin (%) -19.86 -18.80 -27.81 -29.82 -29.63 MANAGEMENT DISCUSSION AND ANALYSIS (FY 20-21)
Credit growth matrix
According to data on the sectoral deployment of bank credit for March 2021, credit growth to Agri & and Allied activities has accelerated to 12.3% in March 2021 (4.2% a year ago), the highest since April 2017. Credit growth to industry decelerated marginally to 0.4% (0.7% a year ago) mainly due to credit to large industries, which contracted by 0.8% in March 2021 (as compared with a growth of 0.6% a year ago). This is primarily on account of large industries raising resources from non-bank sources. Credit growth to the services sector decelerated to 1.4% during FY2021 from 7.4% in the previous year, primarily driven down by sharp deceleration in credit growth to NBFCs after a spurt in the preceding year and contraction in credit to professional services. Further, personal loans accounted for one fourth of total bank credit and continued to record double-digit growth of 10.2%, compared to last year growth of 15.0%, led by housing and other personal loans.
Digital growth
While offering products on multiple platforms for portfolio growth with higher profit margins, your Bank has kept in mind the customer?s convenience with Ease of Banking and offered following variants through YONO, i) PAPL (Pre-Approved Personal Loan) ii) PAXC (Pre-Approved Xpress Credit) iii) PAPNL (Pre-Approved Pension Loan) iv) INSTA Top-up for Xpress Credit v) Insta Top-up for Pension Loan Customers can avail the offerings on 24X7 basis, without any physical documentation and branch visit.. The Bank has sanctioned 12.20 lac digital loans involving `19607 crores during the current FY as on Mar?21, out of which two most popular products Xpress Credit and Xpress Credit Top up loans contributed `15065 crores. Checking of PAPL loan eligibility by sending SMS ?PAPL? to 567676 introduced. Bank is using YONO as well as CLP (GOI) platforms for sourcing of proposals along with in-principle sanctions.
Impact of second wave
However, the current financial year has begun with second COVID-19 wave and experts have informed that virus strain has mutated in India. Accordingly, quick immunisation of working population will be the most optimal scenario, which will impact the growth outlook. There is considerable uncertainty on how the demand will pick up in this financial year ? notably it is difficult to predict if capital formation will see sustained recovery. In this backdrop, the Bank?s business needs careful assessment. The business continuity plans chalked out in FY2021 have worked well. Bank?s support under AatmaNirbhar Abhiyan has been satisfactory. But with second wave, more detailed planning will be required. Banks have created contingency buffers to cover losses over and above what was provided. The impact on asset quality of the banks due to second wave needs to be reassessed in respect of possible unexpected losses over and above what has been provided. Bank must resort to recently notified pre package insolvency route to address stress in MSME segment.
SBI Technicals
Stock doesn't have any Buy/Sell Signals.
- 46%Positive Movement since
1st Jan 2005 on basis53%Negative Movement since
1st Jan 2005 on basisExclude Pivot Levels
R1 R2 R3 PIVOT S1 S2 S3 Classic 822.43 832.82 849.82 815.82 805.43 798.82 781.82 Average True Range
5 DAYS 14 DAYS 28 DAYS ATR 16.61 17.10 17.55
SBI Peer Comparison
Insights
Stock Returns vs Nifty 100
Stock gave a 3 year return of 77.71% as compared to Nifty 100 which gave a return of 42.25%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 77.71% return as compared to Nifty Bank which gave investors 46.98% return over 3 year time period. (as of last trading session)
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Stock Returns vs Nifty 100
Stock gave a 3 year return of 77.71% as compared to Nifty 100 which gave a return of 42.25%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 77.71% return as compared to Nifty Bank which gave investors 46.98% return over 3 year time period. (as of last trading session)
See All Parameters
SBI MF Ownership
3,310.08
Amount Invested (in Cr.)
3.46%
% of AUM
0.00
% Change (MoM basis)
2,768.53
Amount Invested (in Cr.)
3.82%
% of AUM
0.00
% Change (MoM basis)
1,996.70
Amount Invested (in Cr.)
3.89%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 30 November 2024
SBI F&O Quote
- Expiry
Price
841.00-5.90 (-0.70%)
Open Interest
2,09,01,00064,22,250 (44.36%)
Open High Low Prev Close Contracts Traded Turnover (₹ Lakhs) 836.00 846.20 822.70 846.90 13,112 82,378.02 Open Interest as of 24 Dec 2024
- Type
- Expiry
- Strike Price
Price
37.10-4.15 (-10.06%)
Open Interest
2,56,5001,93,500 (307.14%)
Open High Low Prev Close Contracts Traded Turnover (₹ Lakhs) 32.00 39.80 30.00 41.25 899 21,930.51 Open Interest as of 24 Dec 2024
SBI Corporate Actions
Meeting Date Announced on Purpose Details Nov 08, 2024 Oct 18, 2024 Board Meeting Quarterly Results Aug 03, 2024 Jul 22, 2024 Board Meeting Quarterly Results & Fund Raising Jun 19, 2024 Jun 12, 2024 Board Meeting Others Jun 19, 2024 May 21, 2024 AGM - May 09, 2024 May 02, 2024 Board Meeting Audited Results & Final Dividend Type Dividend Dividend per Share Ex-Dividend Date Announced on Final 1370% 13.7 May 22, 2024 May 09, 2024 Final 1130% 11.3 May 31, 2023 May 18, 2023 Final 710% 7.1 May 25, 2022 May 13, 2022 Final 400% 4.0 Jun 03, 2021 May 21, 2021 Final 260% 2.6 May 26, 2017 May 19, 2017 All Types Ex-Date Record Date Announced on Details Splits Nov 20, 2014 Nov 21, 2014 Sep 24, 2014 Split: Old FV10.0| New FV:1.0 Rights Jan 28, 2008 Feb 04, 2008 Jan 14, 2008 Rights ratio: 1 share for every 5 held at a price of Rs 1590.0 Rights Nov 26, 1993 Dec 24, 1993 Nov 26, 1993 Rights ratio: 3 share for every 5 held at a price of Rs 60.0
About SBI
State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 7,24,723.77 Crore).State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024. Show More
Executives
Auditors
- DK
Dinesh Kumar Khara
ChairmanAKAlok Kumar Choudhary
Managing DirectorAKAshwini Kumar Tewari
Managing DirectorCSChalla Sreenivasulu Setty
Managing DirectorShow More - JLN US & Co.Gokhale & SatheK C Mehta & Co. LLPVinod Kumar & Associates
Industry
Key Indices Listed on
Nifty 50, BSE Sensex, Nifty Bank, + 46 more
Address
State Bank Bhavan,Corporate Centre,Mumbai, Maharashtra - 400021
More Details
FAQs about SBI share
- 1. What is SBI share price and what are the returns for SBI share?SBI share price was Rs 812.05 as on 24 Dec, 2024, 03:59 PM IST. SBI share price was down by 1.11% based on previous share price of Rs. 821.15.
- 2. What is SBI's 52 week high / low?52 Week high of SBI share is Rs 912.00 while 52 week low is Rs 600.65
- 3. Who are the key owners of SBI stock?Following are the key changes to SBI shareholding:
- Promoter holding has gone up from 57.49 (31 Dec 2023) to 57.51 (30 Sep 2024)
- Domestic Institutional Investors holding have gone down from 24.12 (31 Dec 2023) to 23.94 (30 Sep 2024)
- Foreign Institutional Investors holding have gone down from 10.91 (31 Dec 2023) to 10.71 (30 Sep 2024)
- Other investor holding has gone up from 7.47 (31 Dec 2023) to 7.84 (30 Sep 2024)
- 4. What are the key metrics to analyse SBI Share Price?Key Metrics for SBI are:
- PE Ratio of SBI is 10.13
- Price/Sales ratio of SBI is 1.53
- Price to Book ratio of SBI is 1.70
- 5. Who is the chairman of SBI?Dinesh Kumar Khara is the Chairman of SBI
- 6. Is SBI giving dividend?An equity Final dividend of Rs 13.7 per share was declared by State Bank of India on 09 May 2024. So, company has declared a dividend of 1370% on face value of Rs 1 per share. The ex dividend date was 22 May 2024.
- 7. What are the returns for SBI share?Return Performance of SBI Shares:
- 1 Week: SBI share price moved down by 3.11%
- 3 Month: SBI share price moved up by 2.39%
- 6 Month: SBI share price moved down by 3.59%
- 8. What's the market capitalization of SBI?Within the Banks sector, SBI stock has a market cap rank of 3. SBI has a market cap of Rs 7,24,724 Cr.
- 9. What is the CAGR of SBI?The CAGR of SBI is 12.1.
- 10. Who are peers to compare SBI share price?Top 10 Peers for SBI are Bank of Baroda, Punjab National Bank, Indian Overseas Bank, IDBI Bank Ltd., Canara Bank, Union Bank of India, Indian Bank, UCO Bank, Central Bank of India and Bank of India
- 11. What are the SBI quarterly results?On Consoldiated basis, SBI reported a total income and profit of Rs 163802.38 Cr and Rs 19782.76 respectively for quarter ending 2024-09-30. Total Income and profit for the year ending 2024-03-31 was Rs 594574.90 Cr and Rs 67084.67 Cr.
- 12. What is the PE & PB ratio of SBI?The PE ratio of SBI stands at 10.13, while the PB ratio is 1.68.
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