NSE: SBIN · BSE: 500112 · ISIN INE062A01020
State Bank of India stock analysis
State Bank of India ranks #4089 in the TickerSutra evidence-ranked universe with a score of 36/100 and 95% data confidence. The latest captured fundamentals show ROCE of 6.1%, quarterly sales growth of 8.4% and quarterly profit growth of 13.7%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,89,973cr | ₹-63,570cr | ₹37,183cr | -22.0% |
| 2023 | ₹3,50,845cr | ₹-43,439cr | ₹57,750cr | -12.0% |
| 2024 | ₹4,39,189cr | ₹-60,297cr | ₹69,543cr | -14.0% |
| 2025 | ₹4,90,313cr | ₹-62,674cr | ₹80,523cr | -13.0% |
| 2026 | ₹5,14,933cr | ₹-78,853cr | ₹86,666cr | -15.0% |
| TTM | ₹5,25,747cr | ₹-82,284cr | ₹89,665cr | -16.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Confirmation of Redemption/Payment of Interest and Principal
RoutineTrading WindowNSE · 27 Sept 2026State Bank Of India has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineAnalysts/Institutional Investor Meet/Con. Call UpdatesNSE · 26 Sept 2026State Bank of India has informed the Exchange about investor interaction organised by CITI
RoutineState Bank of India - 500112 - Revision Of Interest Payment Date Due To 27.09.2026 (Sunday) Being A Working DayBSE · 25 Sept 2026Revision of interest payment date
RoutineGeneral UpdatesNSE · 25 Sept 2026SBIN: State Bank of India has informed the Exchange about 27.09.2026 (Sunday) being a working day
MANAGEMENT COMMENTARY
Signals from filed documents
Advances Growth Your Bank’s advances registered a strong growth of 16.87% to ₹49.33 lakh crore, driven by healthy expansion across retail, agriculture, SME, and corporate segments. Retail advances crossed the milestone of ₹17 lakh crore during the year, while our housing loan portfolio which is steadily approaching ₹10 lakh crore, continued to strengthen its market leadership position. Agriculture lending crossed ₹4
During the year, the Bank successfully raised ₹25,000 crore of equity capital through Qualified Institutional Placement, strengthening our Tier-I capital base and enhancing our ability to support future growth. Our CET-1 ratio improved substantially, registering the highest ever level of 12.29% and the overall Capital Adequacy Ratio at 15.40% remained comfortably above regulatory requirement. Asset Quality Equally en
₹109 lakh crore Total Business crossed in FY 2026 15 Company Overview Responsible Approach Governance Statutory Reports Financial Statements Capital The capital ratios of your Bank continued to improve during the financial year. During the year, the Bank successfully raised ₹25,000 crore of equity capital through Qualified Institutional Placement, strengthening our Tier-I capital base and enhancing our ability to sup
The other Board Level Committees are reconstituted periodically, as and when necessitated. Last such reconstitution was approved by the Central Board in its meeting held on 08.08.2025. The minutes and proceedings containing brief reports on the discussions held at the meetings of the Board Level Committees are placed before the Central Board for information.
In FY 2025-26, TMG prepaid some of the high-cost borrowings and replaced them with lower-cost funds. It also engages with multilateral /supranational entities for arranging foreign currency Lines of Credits at competitive pricing. USD 2.5 billion+ long-term resources were raised by your Bank through different channels during the financial year.
Artificial Intelligence will be leveraged by your Bank to further streamline the processes and Trade Finance products and introduce futuristic enhancements. Use cases include: y Inland BG classification and text vetting y Document classification in all Trade Finance modules y Document scrutiny for LC & Bills y Agentic AI for generation of smart LCs, BGs y End user support in resolution of Service Desk requests y Deve
In FY 2026, your Bank mobilised 2,121 kgs Gold under the STBD scheme. (ii) Metal Gold Loan (MGL): Your Bank offers Metal Gold Loans to jewellers engaged in manufacturing gold ornaments for domestic and export markets. In FY 2026, your Bank granted Metal Gold Loans amounting to 9,165 kgs.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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