STATE BANK OF INDIA

SBIN

NSE · EQISIN: N/AFace Value: ₹1

Charts AI Insights AI Auditor Peers Financials Balance Sheet Cash Flow Shareholding

₹995.7

-14 (-1.39%)

Market Cap

₹9,19,093 Cr

Previous Close

₹1,009.7

Open

₹1,000

VWAP

₹995.7

52W High

₹1,212.84

52W Low

₹837.9

AI Financial Intelligence

Deep Forensic Fundamental Analysis

Pro Feature

Business Model (EL5)

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Forensic Red Flags

Operating cash flows diverge significantly from reported net profits in Q3.High Risk
Sudden spike in receivables relative to sales growth indicates potential aggressive revenue recognition.High Risk
Unexplained increase in short-term borrowings despite strong cash position.Medium Risk

SWOT Analysis

Strengths

Consistent improvement in gross margins over the last 4 quarters.
Debt-to-equity ratio has structurally decreased, lowering interest burden.

Threats

Unexplained increase in short-term borrowings despite strong cash position.
Increasing competitive intensity from low-cost providers.

Management Execution

Execution Score

4.5/10

Latest Guidance

"We expect high double-digit growth driven by volume expansion and pricing power in our core segments."

Missed Promises (1yr)

"Management failed to deliver on the margin expansion promised in the previous two quarters."

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Management Focus

The company has consistently prioritized aggressive expansion into emerging markets while maintaining a lean operational structure. Recent quarters show a pivot towards high-margin digital services, though capital expenditure remains elevated due to infrastructure investments.

Forensic Red Flags

•Operating cash flows diverge significantly from reported net profits in Q3.
•Sudden spike in receivables relative to sales growth indicates potential aggressive revenue recognition.
•Unexplained increase in short-term borrowings despite strong cash position.

Growth Catalysts

•Consistent improvement in gross margins over the last 4 quarters.
•Debt-to-equity ratio has structurally decreased, lowering interest burden.

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Forensic AI Auditor

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Peer Comparison

Comparison of STATE BANK OF INDIA against its top peers in the industry.

Quarterly Results

Consolidated Figures in Rs. Crores

	Jun '26 PDF	Mar '26 PDF	Dec '25 PDF	Sep '25 PDF	Jun '25	Mar '25	Dec '24 PDF NSE	Sep '24 PDF NSE
Sales +	97,814	1,01,126	1,06,866	0	88,725	1,01,335	3,63,941	2,39,287
Expenses +	26,503	45,096	53,278	-55,775	22,493	48,933	3,04,178	1,80,952
Operating Profit	71,311	56,030	53,588	55,775	66,232	52,402	59,763	58,335
OPM %	73%	55%	50%	0%	75%	52%	16%	24%
Other Income +	43,821	49,999	55,262	50,884	41,263	52,722	43,200	42,758
Interest	82,248	79,953	78,783	78,002	78,266	78,227	77,397	73,619
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	32,884	26,076	30,067	28,657	29,229	26,897	25,566	27,474
Tax %	24%	21%	26%	24%	24%	24%	24%	25%
Net Profit +	25,121	20,508	22,176	21,861	22,121	20,379	19,484	20,565
EPS in Rs	26.12	21.28	23.09	22.90	23.76	21.96	21.12	22.17

Balance Sheet

Consolidated Figures in Rs. Crores (Half-Yearly & Annual)

	Jun '26	Mar '26	Dec '25	Jun '25	Mar '25
Equity Capital	923	923	923	892	892
Reserves	0	1,43,382	0	0	1,08,447
Borrowings	8,20,334	7,26,892	6,85,388	5,86,170	6,18,125
Other Liabilities	69,40,948	69,79,777	65,84,459	63,18,473	61,90,997
Total Liabilities	83,83,222	83,02,800	78,61,863	74,25,119	72,96,160
Fixed Assets	57,327	57,152	55,737	53,794	46,338
CWIP	0	705	0	0	574
Investments	24,00,495	24,30,377	23,17,881	22,29,737	22,23,404
Other Assets	59,45,408	58,34,039	55,07,451	51,60,761	50,44,444
Total Assets	84,03,229	83,21,569	78,81,070	74,44,291	73,14,185

Cash Flows

Consolidated Figures in Rs. Crores (Annual)

	Mar '26	Mar '25	Mar '24
Cash from Operating Activity	38,097	45,484	21,632
Cash from Investing Activity	-691	-5,635	-4,252
Cash from Financing Activity	-3,427	-10,737	-9,896
Net Cash Flow	33,979	29,112	7,484

Ratios

	Jun '26	Mar '26	Dec '25	Jun '25	Mar '25
Asset Turnover Ratio	0.01	0.01	0.01	0.01	0.01
Return on Equity (ROE %)	2721%	14%	2402%	2479%	19%
Return on Capital Employed (ROCE %)	1%	1%	1%	2%	2%

Shareholding Pattern

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Promoters	55.47%	55.52%	55.50%	55.50%	57.42%	57.43%	57.43%	57.51%
FIIs	10.81%	11.41%	10.34%	9.57%	9.33%	9.94%	10.27%	10.71%
DIIs	26.52%	26.11%	27.04%	27.65%	25.54%	24.92%	24.79%	23.96%
Government	0.14%	0.13%	0.13%	0.14%	0.14%	0.14%	0.14%	0.14%
Public	7.06%	6.81%	6.97%	7.13%	7.56%	7.54%	7.35%	7.67%

Recent Corporate Actions

Dividend - Rs 17.35 Per ShareEx: 15 May 2026
Dividend - Rs 15.90 Per ShareEx: 16 May 2025
Dividend - Rs 13.70 Per ShareEx: 22 May 2024
Dividend - Rs 11.30 Per ShareEx: 31 May 2023
Dividend - Rs 7.10 Per ShareEx: 25 May 2022

STATE BANK OF INDIA

AI Financial Intelligence

Business Model (EL5)

Forensic Red Flags

SWOT Analysis

Management Execution

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Management Focus

Forensic Red Flags

Growth Catalysts

Forensic AI Auditor

Peer Comparison

Quarterly Results

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Recent Corporate Actions

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