Financials State Bank of India

Equities

SBIN

INE062A01020

Banks

Market Closed - NSE India S.E. 07:43:53 2024-06-10 am EDT 5-day change 1st Jan Change
831.8 INR +0.22% Intraday chart for State Bank of India +0.17% +29.55%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,756,810 3,251,236 4,404,742 4,674,266 6,714,432 7,406,982 - -
Enterprise Value (EV) 1 1,756,810 3,251,236 4,404,742 4,674,266 6,714,432 7,406,982 7,406,982 7,406,982
P/E ratio 12.1 x 15.9 x 13.9 x 9.3 x 11 x 11 x 10.1 x 9.28 x
Yield - 1.1% 1.44% 2.16% 1.82% 1.81% 1.95% 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 1.55 x 1.36 x
Nbr of stocks (in thousands) 8,924,612 8,924,612 8,924,612 8,924,612 8,924,612 8,924,612 - -
Reference price 2 196.8 364.3 493.6 523.8 752.4 830.0 830.0 830.0
Announcement Date 6/5/20 5/21/21 5/13/22 5/18/23 5/9/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 1,370,907 1,526,666 1,612,715 1,814,561 2,115,580 2,281,082 2,544,478 2,831,507
EBITDA - - - - - - - -
EBIT 1 619,170 700,144 752,924 837,130 937,972 1,075,037 1,220,872 1,387,378
Operating Margin 45.16% 45.86% 46.69% 46.13% 44.34% 47.13% 47.98% 49%
Earnings before Tax (EBT) 1 250,628 275,411 434,218 672,056 817,830 903,854 994,682 1,066,664
Net income 1 144,881 204,105 316,760 502,324 610,766 676,307 741,486 801,095
Net margin 10.57% 13.37% 19.64% 27.68% 28.87% 29.65% 29.14% 28.29%
EPS 2 16.23 22.87 35.49 56.29 68.44 75.52 82.54 89.46
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 4.000 7.100 11.30 13.70 15.06 16.19 17.92
Announcement Date 6/5/20 5/21/21 5/13/22 5/18/23 5/9/24 - - -
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 1 393,608 430,780 335,081 440,577 495,364 543,539 509,683 502,906 512,746 590,245 520,712 539,315 549,682 594,982
EBITDA - - - - - - - - - - - - - -
EBIT 1 185,216 197,168 127,526 211,200 252,193 246,211 252,969 194,166 203,361 287,476 253,025 260,603 274,611 293,422
Operating Margin 47.06% 45.77% 38.06% 47.94% 50.91% 45.3% 49.63% 38.61% 39.66% 48.7% 48.59% 48.32% 49.96% 49.32%
Earnings before Tax (EBT) 1 115,477 124,799 83,602 180,814 194,587 213,054 227,956 193,013 125,482 271,378 185,972 177,853 181,917 191,719
Net income 1 84,319 91,135 60,681 132,645 142,053 166,945 168,843 143,300 91,640 206,984 149,753 149,144 155,460 165,124
Net margin 21.42% 21.16% 18.11% 30.11% 28.68% 30.71% 33.13% 28.49% 17.87% 35.07% 28.76% 27.65% 28.28% 27.75%
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 2/5/22 5/13/22 8/6/22 11/5/22 2/3/23 5/18/23 8/4/23 11/4/23 2/3/24 5/9/24 - - - -
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% 17.1% 16.3% 15.4%
ROA (Net income/ Total Assets) 0.38% 0.48% 0.67% 0.96% 1.04% 1.04% 1.02% 0.99%
Assets 1 38,156,729 42,521,813 47,277,582 52,325,469 58,727,519 64,842,478 72,603,555 81,189,337
Book Value Per Share 2 260.0 284.0 314.0 367.0 423.0 467.0 534.0 610.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 6/5/20 5/21/21 5/13/22 5/18/23 5/9/24 - - -
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

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Investor Rating
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