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| 27 November, 2020, 05:26 AM IST | E-Paper
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State Bank of India

  • 245.452.45 (1.01%)
  • Volume: 6,42,48,318
  • Closed
  • Last Updated On: 26 Nov, 2020, 04:03 PM IST
  • Overview
  • News
  • Financials
  • Technicals
  • Peers
  • Shareholdings
  • MF
  • F&O
  • Corporate Actions
  • About

Insights

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  • The asset quality has remained under control in stressed times of Covid, which is a big surprise the given past track record of the bank. Will it remain the same if there is a scope for sudden disruption? That remains to be seen.

  • The high collection efficiency ratio of the bank indicates that operational reforms on the recovery side have started to show an impact.

  • Provisions for Covid are good enough for now, though agri and SME loan books have a risk of prolonging the recovery time period.

  • In the last couple of year, the bank has been getting a few of its subsidiaries listed. Now, their shares are being traded on the stock exchange. The first round of unlocking value has taken place. The requirement of additional funds, if any, could be through selling stake in some of these subsidiaries.

InsightsState Bank of India

  • Better than expected asset quality

    The asset quality has remained under control in stressed times of Covid, which is a big surprise the given past track record of the bank. Will it remain the same if there is a scope for sudden disruption? That remains to be seen.

  • Operationally better

    The high collection efficiency ratio of the bank indicates that operational reforms on the recovery side have started to show an impact.

  • Adequate provisions

    Provisions for Covid are good enough for now, though agri and SME loan books have a risk of prolonging the recovery time period.

  • Cushion in subsidiaries

    In the last couple of year, the bank has been getting a few of its subsidiaries listed. Now, their shares are being traded on the stock exchange. The first round of unlocking value has taken place. The requirement of additional funds, if any, could be through selling stake in some of these subsidiaries.

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Key Metrics

  • PE Ratio

    PE Ratio

    This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.

    (x)
    9.34
  • EPS - TTM

    EPS - TTM

    Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.

    (₹)
    26.29
  • MCap

    MCap

    MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.

    (₹ Cr.)
    2,19,055
  • Sectoral MCap Rank

    Sectoral MCap Rank

    This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.

    4
  • PB Ratio

    PB Ratio

    Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.

    (x)
    0.85
  • Div Yield

    Dividend Yield

    Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.

    (%)
    0.00
  • Face Value

    Face Value

    Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.

    (₹)
    1.00
  • Beta

    Beta

    1 Month1.73
    3 Months1.75
    6 Months1.69
    1 Year1.49
    3 Years1.45

    1.73
  • VWAP

    VWAP

    Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.

    (₹)
    243.27
  • 52W H/L

    52W H/L

    This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.

    (₹)
    351.00 / 149.45

Returns

  • 1 Day1.01%
  • 1 Week2.38%
  • 1 Month24.78%
  • 3 Months16.96%
  • 1 Year-26.84%
  • 3 Years-26.16%
  • 5 Years1.22%

Financials

  • Income (P&L)
  • Balance Sheet
  • Cash Flow
  • Ratios
  • MD&A
  • Insights

    • Beating 3 Yr Revenue CAGR

      Company's annual revenue growth of 11.29% outperformed its 3 year CAGR of 7.14%. (Source: Consolidated Financials)
    Quarterly | AnnualSep 2020Jun 2020Mar 2020Dec 2019Sep 2019
    Total Income95,373.5087,984.3394,218.8295,384.2889,347.91
    Total Income Growth (%)8.40-6.62-1.226.767.02
    Provisions & Contingencies11,221.0212,562.7614,021.617,677.8513,640.53
    Provisions & Contingencies Growth (%)-10.68-10.4082.62-43.7144.36
    Profit after Tax (PAT)5,245.884,776.506,909.956,531.953,375.40
    PAT Growth (%)9.83-30.885.7993.5214.40
    Gross NPA (%)-----
    Net NPA (%)-----
    Net Profit Margin (%)5.505.437.336.853.78
    Basic EPS (₹)5.885.357.747.323.78
    Quarterly | AnnualSep 2020Jun 2020Mar 2020Dec 2019Sep 2019
    Total Income75,341.8074,457.8676,027.5176,797.9172,850.78
    Total Income Growth (%)1.19-2.06-1.005.423.11
    Provisions & Contingencies10,118.3112,501.3013,495.087,252.9013,138.93
    Provisions & Contingencies Growth (%)-19.06-7.3686.06-44.8043.08
    Profit after Tax (PAT)4,574.164,189.343,580.815,583.363,011.73
    PAT Growth (%)9.1916.99-35.8785.3930.25
    Gross NPA (%)5.285.446.156.947.19
    Net NPA (%)1.591.862.232.652.79
    Net Profit Margin (%)6.075.634.717.274.13
    Basic EPS (₹)5.134.694.016.263.37
    Quarterly | Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Income3,68,010.653,30,687.363,06,527.522,98,640.272,73,461.13
    Total Income Growth (%)11.297.882.649.216.29
    Provisions & Contingencies56,928.4656,950.5267,957.5862,626.3843,363.31
    Provisions & Contingencies Growth (%)-0.04-16.208.5144.4229.95
    Profit after Tax (PAT)19,767.802,299.64-4,556.29241.2312,224.60
    PAT Growth (%)492.26---103.07-27.25
    Net Interest Margin (%)2.592.502.272.362.52
    Net Profit Margin (%)7.320.90-1.980.105.54
    Basic EPS (₹)22.152.58-5.340.3115.95
    Quarterly | Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Income3,02,545.072,79,643.542,65,100.002,10,979.171,91,843.67
    Total Income Growth (%)8.195.4925.659.979.64
    Provisions & Contingencies53,644.5054,573.8066,058.4140,363.7933,307.15
    Provisions & Contingencies Growth (%)-1.70-17.3963.6621.1925.99
    Profit after Tax (PAT)14,488.11862.23-6,547.4510,484.109,950.65
    PAT Growth (%)1,580.31--162.455.36-24.05
    Net Interest Margin (%)2.482.402.162.282.42
    Net Profit Margin (%)5.630.35-2.965.976.06
    Basic EPS (₹)16.230.97-7.6713.4312.98

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Advances23,74,311.1822,26,853.6719,60,118.5418,96,886.8218,70,260.89
    Advances Growth (%)6.6213.613.331.4210.52
    Deposits32,74,160.6329,40,541.0627,22,178.2825,99,810.6622,53,857.56
    Deposits Growth (%)11.358.024.7115.359.79
    Total Equity2,59,003.952,40,532.652,34,937.192,23,672.791,86,859.77
    Total Equity Growth (%)7.682.385.0419.7011.97
    Gross NPA (%)-----
    Net NPA (%)-----
    Capital Adequacy Ratios (%)-----
    Contingent Liabilities12,21,083.1111,21,246.2811,66,334.8011,84,907.8211,84,201.34
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Advances23,25,289.5621,85,876.9219,34,880.1915,71,078.3814,63,700.42
    Advances Growth (%)6.3812.9723.167.3412.59
    Deposits32,41,620.7329,11,386.0127,06,343.2920,44,751.3917,30,722.44
    Deposits Growth (%)11.347.5832.3618.149.76
    Total Equity2,32,007.432,20,913.822,19,128.561,88,286.061,44,274.44
    Total Equity Growth (%)5.020.8116.3830.5112.33
    Gross NPA (%)6.157.5310.916.906.50
    Net NPA (%)2.233.015.733.713.81
    Capital Adequacy Ratios (%)13.1312.7212.6013.1113.12
    Contingent Liabilities12,14,994.6111,16,081.4611,62,020.6910,46,440.939,71,956.01

    All figures in Rs Cr, unless mentioned otherwise

  • Insights

    • Increase in Cash from Investing

      Company has used Rs 3323.69 cr for investing activities which is an YoY increase of 287.93%. (Source: Consolidated Financials)
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Net Cash flow from Operating Activities23,928.5329,556.01-96,507.9177,406.0014,476.68
    Net Cash used in Investing Activities-3,323.69-856.7711,065.77-2,832.12-3,668.56
    Net Cash flow from Financing Activities5,429.52447.645,547.16-4,196.484,348.45
    Net Cash Flow28,803.0030,223.16-77,908.0568,637.6916,078.42
    Closing Cash & Cash Equivalent2,54,315.262,25,512.261,95,289.112,73,197.162,04,559.47
    Closing Cash & Cash Equivalent Growth (%)12.7715.48-28.5233.558.53
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Net Cash flow from Operating Activities25,687.8634,627.51-85,425.2511,060.3211,196.55
    Net Cash used in Investing Activities-2,976.77-3,958.60879.08-3,148.45-3,748.37
    Net Cash flow from Financing Activities3,352.17-1,087.834,290.92-1,780.274,505.88
    Net Cash Flow28,606.8930,591.4719,926.994,503.9912,711.87
    Closing Cash & Cash Equivalent2,51,097.012,22,490.111,91,898.641,71,971.651,67,467.66
    Closing Cash & Cash Equivalent Growth (%)12.8615.9411.592.698.21

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Return on Equity (%)8.691.09-2.210.136.82
    Return on Assets (%)0.470.05-0.120.000.39
    Cost to Income (%)51.2751.9353.5350.1943.03
    Interest income to Earning assets (%)6.426.516.336.687.17
    Interest Expense to Earning assets (%)3.834.004.054.324.65
    Price to Earnings (x)8.90125.00-49.021,000.0012.35
    Price to Book (x)0.771.361.091.280.84
    Price to Sales (x)0.651.130.971.010.68
    Operating Profit Margin (%)-29.63-29.32-35.70-29.76-18.16
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Return on Equity (%)6.950.43-3.376.696.89
    Return on Assets (%)0.360.02-0.180.380.42
    Cost to Income (%)42.5744.4347.5241.1539.14
    Interest income to Earning assets (%)6.516.596.386.486.95
    Interest Expense to Earning assets (%)4.024.194.214.204.53
    Price to Earnings (x)12.14333.33-34.1322.2715.17
    Price to Book (x)0.841.461.151.491.05
    Price to Sales (x)0.681.181.011.330.92
    Operating Profit Margin (%)-11.94-14.78-23.19-14.23-10.91
  • MANAGEMENT DISCUSSION AND ANALYSIS (FY 2019-20)

    • Credit growth acceleration and deceleration

      While the sector-wise credit data for March 2020, indicates that the incremental credit has increased only in Agri. & Allied sectors and all other sectors have shown a deceleration. Credit to Industry declined to 1.4%in FY2020 (6.9% in FY2019), services by 8.5% (17.8% in FY2019). While, personal loans declined marginally to 15.7% in FY2020 from 16.4% in FY2019, credit to MSE and NBFC has increased substantially, due to the enhanced support by Banks in the form of increase in working capital limits.

    • Digital banking - First few steps

      During FY2020, YONO has achieved an overall growth of 2.6 times on the liabilities side (Digital accounts increased from 27 lakh to 70 lakh), 2.8 times growth on the assets side (Digital lending book size increased from 3,400 crore to 9,600 crore ) .Your Bank continued to expand its digital footprint across the country and deployed 6.73 lakh PoS terminals, 3.33 lakh Bharat QR code and on boarded 9.53 lakh merchants on BHIM-Aadhaar-SBI. In total, the number of merchant payment acceptance touchpoints crossed 19.59 lakh as on 31st March, 2020. Your Bank has acquired nearly 60 crore transactions as on 31st March, 2020 with 10% increase on YoY basis.

    • Wealth management - making bank wealthier

      In FY2020, SBI Wealth made deep inroads into the premium market segment. Your Bank’s Wealth Management Business has shown exponential growth in terms of Client Acquisition and Assets Under Management during the financial year. The number of clients increased by 2.4 times, from 55,502 in March, 2019 to 132,354 in March, 2020 while the AUM grew by 3.6 times, reaching rupees 109,061 crore against rupees 30,270 crore during the period.

Financial InsightsState Bank of India

  • Income (P&L)
  • Cash Flow
    • Beating 3 Yr Revenue CAGR

      Company's annual revenue growth of 11.29% outperformed its 3 year CAGR of 7.14%. (Source: Consolidated Financials)

    • Increase in Cash from Investing

      Company has used Rs 3323.69 cr for investing activities which is an YoY increase of 287.93%. (Source: Consolidated Financials)

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Technicals

  • Buy / Sell Signals
  • Price Analysis
  • Pivot Levels & ATR
  • Chart
  • Bullish / Bearish signals for State Bank of India basis selected technical indicators and moving average crossovers.

    5 Day EMA Crossover

    Bullish signal on daily chart

    Appeared on: 24 Nov 2020

    5D EMA: 241.09

    Last 4 Buy Signals:2 Nov 2020
    Date7 days Gain/Loss %
    2 Nov 202013.57%
    16 Oct 20205.79%
    28 Sep 20203.50%
    11 Sep 20201.73%

    Average price gain of 3.28% within 7 days of Bullish signal in last 5 years

  • 46%
    Positive Movement since
    1st Jan 2005 on basis
    54%
    Negative Movement since
    1st Jan 2005 on basis
    Exclude
  • Pivot Levels

    R1R2R3PIVOTS1S2S3
    Classic247.75250.05256.15243.95241.65237.85231.75

    Average True Range

    5 DAYS14 DAYS28 DAYS
    ATR8.738.698.04

Peer Comparison

  • Stock Performance
  • Ratio Performance
  • Insights

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of -26.87% as compared to Nifty 100 which gave a return of 19.96%. (as of last trading session)
    • Stock Returns vs Nifty Bank

      Stock generated -26.87% return as compared to Nifty Bank which gave investors 13.25% return over 3 year time period. (as of last trading session)
    • 1D
    • 1W
    • 1M
    • 3M
    • 6M
    • 1Y
    • 5Y
  • Insights

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of -26.87% as compared to Nifty 100 which gave a return of 19.96%. (as of last trading session)
    • Stock Returns vs Nifty Bank

      Stock generated -26.87% return as compared to Nifty Bank which gave investors 13.25% return over 3 year time period. (as of last trading session)

    Ratio Performance

    NAMEP/E (x)P/B (x)ROE %ROA %Rev CAGR [3Yr]OPMNPM
    SBI9.340.778.690.477.14-29.637.32
    IDBI Bank-7.760.71-45.30-4.26-7.21-83.81-61.54
    PNB-329.340.370.740.053.92-16.430.79
    Bank of Baroda71.000.331.210.0720.01-14.251.17
    IOB-3.210.72-52.78-3.27-3.44-68.29-48.99
    Add More
    Annual Ratios (%)

    Choose from Peers

    • Union Bank India
    • Bank of India
    • Canara Bank
    • UCO Bank
    • Bank of Maha

    Choose from Stocks

    Peers InsightsState Bank of India

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of -26.87% as compared to Nifty 100 which gave a return of 19.96%. (as of last trading session)

    • Stock Returns vs Nifty Bank

      Stock generated -26.87% return as compared to Nifty Bank which gave investors 13.25% return over 3 year time period. (as of last trading session)

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    Shareholding Pattern

    • QOQ Change
    • Total Shareholdings
    • Showing Shareholding as on 30 Sep 2020
      Category31 Dec 201931 Mar 202030 Jun 202030 Sep 2020
      Promoters57.6857.6357.6457.63
      Pledge0.000.000.000.00
      FII10.989.597.917.75
      DII24.5024.5624.7025.29
      Mutual Funds13.7513.6213.1812.95
      Others6.848.229.759.33
    • Showing Shareholding as on 30 Sep 2020
      CategoryNo. of SharesPercentage% Change QoQ
      Promoters5,07,97,75,28857.63 %-0.01
      Pledge00.00 %0.00
      FII68,29,09,7187.75 %-0.16
      DII2,22,94,80,61525.29 %0.59
      MF1,14,13,43,14112.95 %-0.23
      Others93,24,45,9139.33 %-0.42

    MF Ownership

    MF Ownership as on 31 October 2020

    F&O Quote

    • Futures
    • Options
      • Expiry

      Price

      246.602.95 (1.21%)

      OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
      244.60247.30241.40243.6523,8151,74,608.81

    Corporate Actions

    • Board Meeting/AGM
    • Dividends
    • Others
    • Meeting DateAnnounced onPurposeDetails
      Nov 04, 2020Oct 16, 2020Board MeetingQuarterly Results
      Sep 30, 2020Sep 28, 2020Board MeetingOthers
      Jul 31, 2020Jul 27, 2020Board MeetingQuarterly Results
      Jul 15, 2020Jul 10, 2020Board MeetingOthers
      Jul 14, 2020Jun 16, 2020AGM-
    • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
      Final260%2.6May 26, 2017May 19, 2017
      Final260%2.6Jun 03, 2016May 16, 2016
      Interim150%15.0Mar 11, 2014Mar 04, 2014
      Final415%41.5May 28, 2013May 14, 2013
      Final350%35.0May 24, 2012May 12, 2012
    • All TypesEx-DateRecord DateAnnounced onDetails
      SplitsNov 20, 2014Nov 21, 2014Sep 24, 2014Split: Old FV10.0| New FV:1.0
      RightsJan 28, 2008Feb 04, 2008Jan 14, 2008Rights ratio: 1 share for every 5 held at a price of Rs 1590.0
      RightsNov 26, 1993Dec 24, 1993Nov 26, 1993Rights ratio: 3 share for every 5 held at a price of Rs 60.0

    About State Bank of India

    State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 219054.59 Crore).State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 179748.84 Crore to Sales Value (69.85 % of Total Sales), Income From Investment which contributed Rs 68204.72 Crore to Sales Value (26.50 % of Total Sales), Interest which contributed Rs 6449.63 Crore to Sales Value (2.50 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 2920.41 Crore to Sales Value (1.13 % of Total Sales)for the year ending 31-Mar-2020. Show More

    • Executives
    • Auditors
    • AM

      Abhijit Majumdar

      Chief General Manager
      AK

      Ajay Kumar Vyas

      Chief General Manager
      AK

      Alok Kumar Choudhary

      Chief General Manager
      AB

      Arijit Basu

      CEO
      Show More
    • Khandelwal Jain & Co.
      Shah Gupta & Co.
      K Venkatachalam Aiyer & Co.
      S K Kapoor & Co.

    Key Indices Listed on

    Nifty 50, S&P BSE Sensex, Nifty Bank, + 33 more

    Address

    State Bank Bhavan,Corporate Centre,Mumbai, Maharashtra - 400021

    SBI Share Price Update

    State Bank of India share price moved up by 1.01% from its previous close of Rs 243.00. State Bank of India stock last traded price is 245.45

    Share PriceValue
    Today/Current/Last245.45
    Previous Day243.00

    Trending in Markets

    DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

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