State Bank Of India has informed the Exchange about Transcript
SBIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SBI reported record net profit of Rs 80,032 crore for FY26, up 12.88% YoY, with operating profit growth of 11.25%. The bank maintained domestic NIM at 3.03%, meeting its guidance of above 3%, despite Q4 NIM declining to 2.93% due to repo rate cut impact and floating rate loan composition shift. Total business crossed Rs 109 trillion with balance sheet size exceeding Rs 76 trillion. Asset quality remained strong with Gross NPA at 1.49% and Net NPA at 0.39%. Credit growth guidance of 13-15% and credit cost guidance of 50 basis points maintained for FY27. The bank discussed ECL transition from April 2027, Middle East exposure with no asset quality concerns, and outlined digital growth through YONO platform with 10 crore total users.
Strong FY26 performance with record profitability demonstrates resilience. Management maintained key guidance metrics but Q4 margin compression and treasury losses raised analyst concerns. The bank remains well-capitalized with CAR at 15.4% and has headroom to support credit growth.