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State Bank of India (SBIN.NS)

INR1,040.00 -11.60 (-1.10%)
IN NSE Financial Services Banks - Regional
Address State Bank Bhavan, Corporate Centre 400021
Mumbai, MH, IN
CEO Rana Ashutosh Kumar Singh
Website sbi.co.in
IPO 1996-01-01
ISIN INE062A01020

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Also trades on Bombay Stock Exchange · SBIN.BO (INR) London Stock Exchange · SBID.L (USD) National Stock Exchange of India · SBIN.NS (INR) Other OTC · SBKFF (USD)
Description

State Bank of India provides banking products and services in India and internationally. It operates through the Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. The company offers personal banking products and services, including current, savings, salary, and deposit accounts; home, personal, pension, auto, education, and gold loans, as well as loans against insurance policies, property, and securities; debit, business debit, prepaid, and green remit cards; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; digital lending; and mobile, internet, and digital banking services. It also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms’ overseas subsidiaries or JVs, and cash management, as well as trade and service products. In addition, the company offers NRI services, including accounts, investments, loans, and remittances; agricultural banking services; and international banking services. Further, it provides life and general insurance; estate planning services; merchant banking and advisory; securities broking; trusteeship service; factoring; payment solution; asset management; portfolio and investment management; credit cards; and custody and fund accounting services. State Bank of India was founded in 1806 and is headquartered in Mumbai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,040.00 -11.60 (-1.10%)
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Volume Profile
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Liquidity & share structure
Average Volume
17M
Beta
0.37
Float Shares
4.09B
Free Float %
44.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.38% -10.25% -8.02% -18.38% +2.55% -0.40% +22.02% +68.12% +171.41% +429.24% +5,424.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,040.00
DCF (Unlevered) 84.82 -91.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 85% Bullish
Rating 2026-05 Change
Strong Buy 5 -1
Buy 28 0
Hold 6 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.26
Distress
Piotroski F-Score
2 / 9
Weak
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
  • Revenue growth
    +10.0% Q1'26: +8.6% (vs Q1'25)
  • EPS growth
    +4.9% Q1'26: -3.1% (vs Q1'25)
  • FCF margin
    Q1'26: -91.1% (vs Q1'25)
  • EBIT margin
    Q1'26: +14.4% (vs Q1'25)
  • ROIC
    Q1'26: +8.0% (vs Q1'25)
  • Share dilution
    +2.4% Q1'26: +3.4% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 7.45× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.47) × ERP
WACC = 54% × Ke + 46% × Kd (40.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 84.57 Current price: 1,040.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual
Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
31 Rev. Ana.
33 EPS Ana.
Mar 2027
16 Rev. Ana.
26 EPS Ana.
Mar 2028
29 Rev. Ana.
32 EPS Ana.
Mar 2029
5 Rev. Ana.
6 EPS Ana.
Revenue
1.34T
est: 241.43B (+454.4%)
1.48T
est: 337.81B (+337.1%)
1.76T
est: 569.55B (+208.5%)
2.01T
est: 617.63B (+225.8%)
2.26T
est: 677.43B (+233.2%)
2.57T
est: 766.98B (+235.7%)
2.69T
est: 810.86B (+231.3%)
2.91T
est: 934.92B (+211.5%)
3.00T
est: 1.25T (+139.5%)
3.22T
est: 1.25T (+157.9%)
3.56T
est: 1.43T (+149.1%)
3.70T
est: 1.51T (+145.6%)
3.92T
est: 1.63T (+141.2%)
4.60T
est: 1.79T (+157.2%)
5.83T
est: 3.32T (+75.7%)
6.50T
est: 2.21T (+193.8%)
2.48T
2.45T – 2.54T
+12.1% YoY
2.73T
2.73T – 3.05T
+10.1% YoY
3.09T
3.09T – 3.76T
+12.9% YoY
3.34T
3.33T – 3.36T
+8.3% YoY
EBITDA
186.48B
est: 35.70B (+422.4%)
213.00B
est: 49.95B (+326.5%)
258.41B
est: 84.21B (+206.9%)
274.59B
est: 91.32B (+200.7%)
232.68B
est: 100.16B (+132.3%)
274.36B
est: 113.40B (+141.9%)
204.29B
est: 119.89B (+70.4%)
38.60B
est: 138.23B (-72.1%)
-10.82B
est: 185.14B (-105.8%)
87.16B
est: 184.36B (-52.7%)
339.78B
est: 211.50B (+60.7%)
365.07B
est: 222.95B (+63.7%)
534.30B
est: 240.51B (+122.2%)
790.94B
est: 264.60B (+198.9%)
950.89B
est: 643.58B (+47.8%)
1.10T
est: 429.29B (+157.1%)
481.40B
474.67B – 493.05B
+12.1% YoY
530.12B
530.12B – 591.24B
+10.1% YoY
598.40B
598.40B – 728.45B
+12.9% YoY
648.29B
645.80B – 650.78B
+8.3% YoY
EBIT
186.82B
est: 164.19B (+13.8%)
199.20B
est: 261.40B (-23.8%)
244.69B
est: 335.85B (-27.1%)
258.82B
est: 266.09B (-2.7%)
213.26B
est: 283.88B (-24.9%)
258.55B
est: 240.66B (+7.4%)
181.77B
est: 279.13B (-34.9%)
9.45B
est: 203.67B (-95.4%)
-41.87B
est: 11.76B (-456.0%)
52.20B
est: -130.76B (+139.9%)
303.17B
est: 60.10B (+404.4%)
327.96B
est: 305.46B (+7.4%)
497.39B
est: 330.29B (+50.6%)
753.99B
est: 356.84B (+111.3%)
912.40B
est: 632.47B (+44.3%)
1.06T
est: 422.10B (+152.0%)
473.09B
466.48B – 484.54B
+12.1% YoY
520.97B
520.97B – 581.03B
+10.1% YoY
588.07B
588.07B – 715.87B
+12.9% YoY
637.10B
634.65B – 639.55B
+8.3% YoY
Net Income
117.34B
est: 100.52B (+16.7%)
106.85B
est: 164.18B (-34.9%)
153.43B
est: 180.15B (-14.8%)
179.16B
est: 165.87B (+8.0%)
141.74B
est: 196.51B (-27.9%)
169.94B
est: 159.95B (+6.2%)
122.25B
est: 183.47B (-33.4%)
2.41B
est: 136.97B (-98.2%)
-45.56B
est: 3.00B (-1,617.3%)
23.00B
est: -48.66B (+147.3%)
197.68B
est: 26.47B (+646.7%)
224.05B
est: 199.17B (+12.5%)
353.74B
est: 215.37B (+64.3%)
556.48B
est: 232.68B (+139.2%)
670.85B
est: 765.43B (-12.4%)
775.61B
est: 794.38B (-2.4%)
789.07B
737.92B – 850.39B
-0.7% YoY
904.33B
841.29B – 967.38B
+14.6% YoY
970.86B
767.84B – 1.28T
+7.4% YoY
1.03T
927.09B – 1.09T
+5.7% YoY
SGA
3.38B
est: 2.00B (+69.2%)
16.71B
est: 2.79B (+498.2%)
7.52B
est: 4.71B (+59.8%)
10.79B
est: 5.11B (+111.4%)
11.79B
est: 5.60B (+110.6%)
13.82B
est: 6.34B (+118.0%)
12.57B
est: 6.70B (+87.6%)
13.27B
est: 7.73B (+71.7%)
27.96B
est: 10.35B (+170.1%)
32.46B
est: 10.31B (+214.9%)
35.76B
est: 11.83B (+202.4%)
31.46B
est: 12.47B (+152.4%)
34.26B
est: 13.45B (+154.8%)
42.21B
est: 14.79B (+185.3%)
44.23B
est: 89.31B (-50.5%)
47.84B
est: 59.57B (-19.7%)
66.80B
65.87B – 68.42B
+12.1% YoY
73.56B
73.56B – 82.05B
+10.1% YoY
83.04B
83.04B – 101.09B
+12.9% YoY
89.96B
89.62B – 90.31B
+8.3% YoY
EPS
18.48
est: 16.16 (+14.3%)
16.83
est: 18.62 (-9.6%)
24.16
est: 17.79 (+35.8%)
26.68
est: 22.27 (+19.8%)
20.40
est: 15.72 (+29.8%)
22.76
est: 18.00 (+26.4%)
15.95
est: 14.61 (+9.2%)
0.31
est: 14.08 (-97.8%)
-5.22
est: 0.71 (-834.4%)
2.58
est: 5.77 (-55.3%)
22.15
est: 19.63 (+12.8%)
25.11
est: 22.63 (+10.9%)
39.64
est: 38.11 (+4.0%)
62.35
est: 55.22 (+12.9%)
75.17
est: 77.93 (-3.5%)
86.91
est: 78.55 (+10.6%)
86.20
80.76 – 93.06
+9.7% YoY
92.07
92.07 – 105.87
+6.8% YoY
104.78
84.03 – 140.08
+13.8% YoY
111.22
101.46 – 119.18
+6.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B+ 3/5 3/5 4/5 4/5 2/5 3/5 2/5
2026-05-07 B+ 3/5 3/5 4/5 4/5 2/5 3/5 2/5
2026-05-06 B+ 3/5 3/5 4/5 4/5 2/5 3/5 2/5
2026-05-05 B 3/5 2/5 4/5 4/5 2/5 3/5 2/5
2026-05-04 B 3/5 2/5 4/5 4/5 2/5 3/5 2/5
2026-04-30 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-29 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-28 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-27 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-24 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-23 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-22 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-21 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-20 B 3/5 3/5 4/5 4/5 1/5 3/5 2/5
2026-04-17 B+ 3/5 3/5 4/5 5/5 1/5 3/5 2/5
2026-04-16 B+ 3/5 3/5 4/5 5/5 1/5 3/5 2/5
2026-04-15 B+ 3/5 3/5 4/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
57.83B
OE per share TTM
6.47
Owner's Yield
0.61%
Maintenance CapEx ratio
6.21%
Maint CapEx / Avg PPE
8.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.85M
Shares Outstanding
9.23B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ashwini Kumar Tewari MD of Corporate Banking (CAG & CCG) ]and Director 6M male
Rana Ashutosh Kumar Singh MD of International Banking, Global Markets & Technology and Director 4M male
Rama Mohan Rao Amara Managing Director of Retail Business & Operations and Director 3M male
Kameshwar Rao Kodavanti Chief Financial Officer male
Ravi Ranjan Managing Director of Risk, Compliance, & Stressed Assets Resolution Group (SARG) male
Ruma Dey Deputy MD & Group Compliance Officer female
Ashok Kumar Sharma DMD, CCO and CHIEF SUSTAINABILITY OFFICER male
Sandeep Tewari Managing Director Corporate Banking & Subsidiaries male
Binod Kumar Mishra Deputy MD & Chief Operating Officer male
G. S. Rana Deputy MD of Human Resources & CDO male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits