Bullish signal on daily chart
State Bank of India reported a YoY increase of 15.8% in its advances, which is higher than its 5 yr CAGR of 9.77%. (Source: Consolidated Financials)
State Bank of India reported a YoY increase of 15.8% in its advances, which is higher than its 5 yr CAGR of 9.77%. (Source: Consolidated Financials)
Net profit per employee has been continuously increasing over the last 3 years with a growth of 23.45% last year. (Source: Standalone Financials)
50 day moving crossover appeared on Nov 22, 2024. Average price gain of 5.35% within 30 days of this signal in last 5 years.
The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 2.24% and 0.57%, respectively. (Source: Standalone Financials)
State Bank of India share price moved up by 4.53% from its previous close of Rs 780.75. State Bank of India stock last traded price is 816.05
Share Price | Value |
---|---|
Today/Current/Last | 816.05 |
Previous Day | 780.75 |
PE Ratio (x) | 10.18 | ||||||||||
EPS - TTM (₹) | 80.18 | ||||||||||
MCap (₹ Cr.) | 7,28,293 | ||||||||||
Sectoral MCap Rank | 3 | ||||||||||
PB Ratio (x) | 1.62 | ||||||||||
Div Yield (%) | 1.68 | ||||||||||
Face Value (₹) | 1.00 | ||||||||||
Beta Beta
| 1.73 | ||||||||||
VWAP (₹) | 807.62 | ||||||||||
52W H/L (₹) |
1 Day | 4.53% |
1 Week | 1.47% |
1 Month | 3.25% |
3 Months | -0.52% |
1 Year | 46.0% |
3 Years | 67.77% |
5 Years | 147.81% |
Current
Mean Recos by 39 Analysts
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 18 | 18 | 18 | 17 |
Buy | 11 | 11 | 12 | 13 |
Hold | 5 | 5 | 4 | 6 |
Sell | 4 | 4 | 3 | 2 |
Strong Sell | 1 | 1 | 2 | 2 |
# Analysts | 39 | 39 | 39 | 40 |
Profit Per Employee - Uptrend
Net profit per employee has been continuously increasing over the last 3 years with a growth of 23.45% last year. (Source: Standalone Financials)Beating 3 Yr Revenue CAGR
Company's annual revenue growth of 25.6% outperformed its 3 year CAGR of 15.39%. (Source: Consolidated Financials)Quarterly | Annual | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
---|---|---|---|---|---|
Total Income | 1,63,802.38 | 1,52,125.05 | 1,64,914.36 | 1,53,071.64 | 1,44,256.12 |
Total Income Growth (%) | 7.68 | -7.76 | 7.74 | 6.11 | 9.01 |
Provisions & Contingencies | 5,585.84 | 4,407.62 | 2,391.53 | 1,445.25 | 767.62 |
Provisions & Contingencies Growth (%) | 26.73 | 84.30 | 65.48 | 88.28 | -75.24 |
Profit after Tax (PAT) | 19,782.76 | 19,324.96 | 21,384.15 | 11,064.14 | 17,196.20 |
PAT Growth (%) | 2.37 | -9.63 | 93.27 | -35.66 | -7.23 |
Gross NPA (%) | - | - | - | - | - |
Net NPA (%) | - | - | - | - | - |
Net Profit Margin (%) | 12.08 | 12.70 | 12.97 | 7.23 | 11.92 |
Basic EPS (₹) | 22.17 | 21.65 | 23.96 | 12.40 | 18.04 |
All figures in Rs Cr, unless mentioned otherwise
Loan Book Growth - Beating 5 Yr CAGR
State Bank of India reported a YoY increase of 15.8% in its advances, which is higher than its 5 yr CAGR of 9.77%. (Source: Consolidated Financials)Falling Gross NPA and Net NPA
The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 2.24% and 0.57%, respectively. (Source: Standalone Financials)Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Advances | 37,84,272.67 | 32,67,902.13 | 27,94,076.00 | 25,00,598.99 | 23,74,311.18 |
Advances Growth (%) | 15.80 | 16.96 | 11.74 | 5.32 | 6.62 |
Deposits | 49,66,537.49 | 44,68,535.51 | 40,87,410.60 | 37,15,331.24 | 32,74,160.63 |
Deposits Growth (%) | 11.14 | 9.32 | 10.01 | 13.47 | 11.35 |
Total Equity | 4,30,557.13 | 3,71,767.94 | 3,16,795.47 | 2,85,187.48 | 2,59,003.95 |
Total Equity Growth (%) | 15.81 | 17.35 | 11.08 | 10.11 | 7.68 |
Gross NPA (%) | - | - | - | - | - |
Net NPA (%) | - | - | - | - | - |
Capital Adequacy Ratios (%) | - | - | - | - | - |
Contingent Liabilities | 23,97,594.80 | 18,35,524.38 | 20,07,232.49 | 17,14,239.52 | 12,21,083.11 |
All figures in Rs Cr, unless mentioned otherwise
Cash from Operations vs PAT
Operating cash flow of Rs 21632.43 cr is 0.32 times compared to the reported net profit of Rs 67084.67 cr. (Source: Consolidated Financials)Increase in Cash from Investing
Company has used Rs 4251.72 cr for investing activities which is an YoY increase of 5.22%. (Source: Consolidated Financials)Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Net Cash flow from Operating Activities | 21,632.43 | -86,013.68 | 57,694.85 | 89,918.93 | 23,928.53 |
Net Cash used in Investing Activities | -4,251.72 | -4,040.97 | -3,618.51 | -3,736.23 | -3,323.69 |
Net Cash flow from Financing Activities | -9,896.28 | 6,386.38 | -3,844.51 | 7,142.67 | 5,429.52 |
Net Cash Flow | 8,260.39 | -80,593.21 | 51,198.09 | 93,391.77 | 28,803.00 |
Closing Cash & Cash Equivalent | 3,26,572.30 | 3,18,311.91 | 3,98,905.12 | 3,47,707.04 | 2,54,315.26 |
Closing Cash & Cash Equivalent Growth (%) | 2.60 | -20.20 | 14.72 | 36.72 | 12.77 |
All figures in Rs Cr, unless mentioned otherwise
Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Return on Equity (%) | 17.31 | 16.80 | 12.53 | 8.89 | 8.69 |
Return on Assets (%) | 0.99 | 0.93 | 0.65 | 0.46 | 0.47 |
Cost to Income (%) | 70.44 | 66.97 | 52.68 | 53.21 | 51.27 |
Interest income to Earning assets (%) | 6.52 | 5.89 | 5.40 | 5.73 | 6.42 |
Interest Expense to Earning assets (%) | 3.85 | 3.19 | 2.91 | 3.21 | 3.83 |
Price to Earnings (x) | 10.02 | 8.40 | 12.45 | 14.51 | 8.90 |
Price to Book (x) | 1.73 | 1.41 | 1.56 | 1.29 | 0.77 |
Price to Sales (x) | 1.53 | 1.33 | 1.52 | 1.17 | 0.65 |
Operating Profit Margin (%) | -19.86 | -18.80 | -27.81 | -29.82 | -29.63 |
MANAGEMENT DISCUSSION AND ANALYSIS (FY 20-21)
Credit growth matrix
According to data on the sectoral deployment of bank credit for March 2021, credit growth to Agri & and Allied activities has accelerated to 12.3% in March 2021 (4.2% a year ago), the highest since April 2017. Credit growth to industry decelerated marginally to 0.4% (0.7% a year ago) mainly due to credit to large industries, which contracted by 0.8% in March 2021 (as compared with a growth of 0.6% a year ago). This is primarily on account of large industries raising resources from non-bank sources. Credit growth to the services sector decelerated to 1.4% during FY2021 from 7.4% in the previous year, primarily driven down by sharp deceleration in credit growth to NBFCs after a spurt in the preceding year and contraction in credit to professional services. Further, personal loans accounted for one fourth of total bank credit and continued to record double-digit growth of 10.2%, compared to last year growth of 15.0%, led by housing and other personal loans.
Digital growth
While offering products on multiple platforms for portfolio growth with higher profit margins, your Bank has kept in mind the customer?s convenience with Ease of Banking and offered following variants through YONO, i) PAPL (Pre-Approved Personal Loan) ii) PAXC (Pre-Approved Xpress Credit) iii) PAPNL (Pre-Approved Pension Loan) iv) INSTA Top-up for Xpress Credit v) Insta Top-up for Pension Loan Customers can avail the offerings on 24X7 basis, without any physical documentation and branch visit.. The Bank has sanctioned 12.20 lac digital loans involving `19607 crores during the current FY as on Mar?21, out of which two most popular products Xpress Credit and Xpress Credit Top up loans contributed `15065 crores. Checking of PAPL loan eligibility by sending SMS ?PAPL? to 567676 introduced. Bank is using YONO as well as CLP (GOI) platforms for sourcing of proposals along with in-principle sanctions.
Impact of second wave
However, the current financial year has begun with second COVID-19 wave and experts have informed that virus strain has mutated in India. Accordingly, quick immunisation of working population will be the most optimal scenario, which will impact the growth outlook. There is considerable uncertainty on how the demand will pick up in this financial year ? notably it is difficult to predict if capital formation will see sustained recovery. In this backdrop, the Bank?s business needs careful assessment. The business continuity plans chalked out in FY2021 have worked well. Bank?s support under AatmaNirbhar Abhiyan has been satisfactory. But with second wave, more detailed planning will be required. Banks have created contingency buffers to cover losses over and above what was provided. The impact on asset quality of the banks due to second wave needs to be reassessed in respect of possible unexpected losses over and above what has been provided. Bank must resort to recently notified pre package insolvency route to address stress in MSME segment.
Bullish / Bearish signals for SBI basis selected technical indicators and moving average crossovers.
5 Day EMA Crossover
Bullish signal on daily chart
Appeared on: 22 Nov 2024
5D EMA: 807.05
Date | 7 days Gain/Loss % |
---|---|
11 Nov 2024 | 0.68% |
28 Oct 2024 | 5.74% |
9 Oct 2024 | 1.49% |
4 Oct 2024 | 0.92% |
Average price gain of 2.71% within 7 days of Bullish signal in last 5 years
10 Day EMA Crossover
Bullish signal on daily chart
Appeared on: 22 Nov 2024
10D EMA: 813.30
Date | 7 days Gain/Loss % |
---|---|
29 Oct 2024 | 2.25% |
9 Oct 2024 | 1.49% |
4 Oct 2024 | 0.92% |
1 Oct 2024 | 0.88% |
Average price gain of 3.01% within 7 days of Bullish signal in last 5 years
R1 | R2 | R3 | PIVOT | S1 | S2 | S3 | |
---|---|---|---|---|---|---|---|
Classic | 829.32 | 842.58 | 878.48 | 806.68 | 793.42 | 770.78 | 734.88 |
5 DAYS | 14 DAYS | 28 DAYS | |
---|---|---|---|
ATR | 27.59 | 22.38 | 19.85 |
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3,236.10
Amount Invested (in Cr.)
3.41%
% of AUM
0.00
% Change (MoM basis)
2,706.66
Amount Invested (in Cr.)
3.78%
% of AUM
-25.00
% Change (MoM basis)
1,952.08
Amount Invested (in Cr.)
3.86%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 31 October 2024
Price
814.6034.65 (4.44%)
Open Interest
9,11,94,000-23,043,000 (-20.17%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
789.00 | 819.35 | 783.30 | 779.95 | 74,888 | 4,54,163.37 |
Open Interest as of 22 Nov 2024
Price
8.106.05 (295.12%)
Open Interest
41,40,750-2,672,250 (-39.22%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
1.85 | 10.80 | 1.85 | 2.05 | 59,482 | 3,68,458.48 |
Open Interest as of 22 Nov 2024
Meeting Date | Announced on | Purpose | Details |
---|---|---|---|
Nov 08, 2024 | Oct 18, 2024 | Board Meeting | Quarterly Results |
Aug 03, 2024 | Jul 22, 2024 | Board Meeting | Quarterly Results & Fund Raising |
Jun 19, 2024 | Jun 12, 2024 | Board Meeting | Others |
Jun 19, 2024 | May 21, 2024 | AGM | - |
May 09, 2024 | May 02, 2024 | Board Meeting | Audited Results & Final Dividend |
Type | Dividend | Dividend per Share | Ex-Dividend Date | Announced on |
---|---|---|---|---|
Final | 1370% | 13.7 | May 22, 2024 | May 09, 2024 |
Final | 1130% | 11.3 | May 31, 2023 | May 18, 2023 |
Final | 710% | 7.1 | May 25, 2022 | May 13, 2022 |
Final | 400% | 4.0 | Jun 03, 2021 | May 21, 2021 |
Final | 260% | 2.6 | May 26, 2017 | May 19, 2017 |
All Types | Ex-Date | Record Date | Announced on | Details |
---|---|---|---|---|
Splits | Nov 20, 2014 | Nov 21, 2014 | Sep 24, 2014 | Split: Old FV10.0| New FV:1.0 |
Rights | Jan 28, 2008 | Feb 04, 2008 | Jan 14, 2008 | Rights ratio: 1 share for every 5 held at a price of Rs 1590.0 |
Rights | Nov 26, 1993 | Dec 24, 1993 | Nov 26, 1993 | Rights ratio: 3 share for every 5 held at a price of Rs 60.0 |
State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 7,28,293.62 Crore).State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024. Show More
Dinesh Kumar Khara
ChairmanAlok Kumar Choudhary
Managing DirectorAshwini Kumar Tewari
Managing DirectorChalla Sreenivasulu Setty
Managing DirectorIndustry
Key Indices Listed on
Nifty 50, BSE Sensex, Nifty Bank, + 43 more
Address
State Bank Bhavan,Corporate Centre,Mumbai, Maharashtra - 400021
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