Financials State Bank of India

Equities

SBIN

INE062A01020

Banks

Market Closed - NSE India S.E. 05:13:53 31/05/2024 pm IST 5-day change 1st Jan Change
830.4 INR +0.54% Intraday chart for State Bank of India +0.21% +29.33%

Valuation

Fiscal Period: Maart 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 17,56,810 32,51,236 44,04,742 46,74,266 67,14,432 74,10,552 - -
Enterprise Value (EV) 1 17,56,810 32,51,236 44,04,742 46,74,266 67,14,432 74,10,552 74,10,552 74,10,552
P/E ratio 12.1 x 15.9 x 13.9 x 9.3 x 11 x 11 x 10.1 x 9.27 x
Yield - 1.1% 1.44% 2.16% 1.82% 1.81% 1.97% 2.16%
Capitalization / Revenue 1.28 x 2.13 x 2.73 x 2.58 x 3.17 x 3.25 x 2.91 x 2.62 x
EV / Revenue 1.28 x 2.13 x 2.73 x 2.58 x 3.17 x 3.25 x 2.91 x 2.62 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.76 x 1.28 x 1.57 x 1.43 x 1.78 x 1.78 x 1.56 x 1.36 x
Nbr of stocks (in thousands) 89,24,612 89,24,612 89,24,612 89,24,612 89,24,612 89,24,612 - -
Reference price 2 196.8 364.3 493.6 523.8 752.4 830.4 830.4 830.4
Announcement Date 05/06/20 21/05/21 13/05/22 18/05/23 09/05/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 13,70,907 15,26,666 16,12,715 18,14,561 21,15,580 22,78,565 25,46,628 28,31,634
EBITDA - - - - - - - -
EBIT 1 6,19,170 7,00,144 7,52,924 8,37,130 9,37,972 10,75,396 12,16,997 13,87,307
Operating Margin 45.16% 45.86% 46.69% 46.13% 44.34% 47.2% 47.79% 48.99%
Earnings before Tax (EBT) 1 2,50,628 2,75,411 4,34,218 6,72,056 8,17,830 8,99,529 9,89,308 10,67,301
Net income 1 1,44,881 2,04,105 3,16,760 5,02,324 6,10,766 6,73,093 7,36,348 8,01,772
Net margin 10.57% 13.37% 19.64% 27.68% 28.87% 29.54% 28.91% 28.31%
EPS 2 16.23 22.87 35.49 56.29 68.44 75.23 82.09 89.53
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 4.000 7.100 11.30 13.70 15.01 16.34 17.92
Announcement Date 05/06/20 21/05/21 13/05/22 18/05/23 09/05/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 3,93,608 4,30,780 3,35,081 4,40,577 4,95,364 5,43,539 5,09,683 5,02,906 5,12,746 5,90,245 5,20,921 5,39,529 5,49,903 5,94,550
EBITDA - - - - - - - - - - - - - -
EBIT 1 1,85,216 1,97,168 1,27,526 2,11,200 2,52,193 2,46,211 2,52,969 1,94,166 2,03,361 2,87,476 2,53,652 2,61,245 2,75,272 2,91,999
Operating Margin 47.06% 45.77% 38.06% 47.94% 50.91% 45.3% 49.63% 38.61% 39.66% 48.7% 48.69% 48.42% 50.06% 49.11%
Earnings before Tax (EBT) 1 1,15,477 1,24,799 83,602 1,80,814 1,94,587 2,13,054 2,27,956 1,93,013 1,25,482 2,71,378 1,85,972 1,77,853 1,81,917 1,91,719
Net income 1 84,319 91,135 60,681 1,32,645 1,42,053 1,66,945 1,68,843 1,43,300 91,640 2,06,984 1,49,987 1,49,385 1,55,708 1,64,592
Net margin 21.42% 21.16% 18.11% 30.11% 28.68% 30.71% 33.13% 28.49% 17.87% 35.07% 28.79% 27.69% 28.32% 27.68%
EPS 2 9.450 10.21 6.800 14.86 15.92 18.71 18.92 16.06 10.27 23.19 16.22 15.63 15.34 17.85
Dividend per Share 2 - 7.100 - - - - - - - - 3.500 3.500 3.500 3.500
Announcement Date 05/02/22 13/05/22 06/08/22 05/11/22 03/02/23 18/05/23 04/08/23 04/11/23 03/02/24 09/05/24 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 6.4% 9.94% 13.9% 19.4% 17.3% 17% 16.3% 15.5%
ROA (Net income/ Total Assets) 0.38% 0.48% 0.67% 0.96% 1.04% 1.03% 1.02% 1%
Assets 1 3,81,56,729 4,25,21,813 4,72,77,582 5,23,25,469 5,87,27,519 6,52,94,907 7,23,60,543 8,04,42,655
Book Value Per Share 2 260.0 284.0 314.0 367.0 423.0 466.0 533.0 610.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 05/06/20 21/05/21 13/05/22 18/05/23 09/05/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
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