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.
Awaiting price reaction for this filing.
SBI reported FY25 net profit of ₹70,901 crores, up 16.08% YoY, with operating profit crossing ₹1,10,000 crores. Credit growth came in at 12% YoY (domestic 11.56%), below the earlier guided 14-16% range, mainly due to large prepayments in the corporate segment, where a ₹3.4 lakh crore pipeline remains. Asset quality stayed strong with slippage ratio of 0.55%, credit cost at 0.38%, and PCR at 74.42%; capital adequacy stood at 14.25% (CET1 at 10.81%). The Board approved an enabling resolution to raise up to ₹25,000 crores in equity over 12 months, though management said no capital is needed right now. Chairman C S Setty guided that NIMs will face pressure from further expected rate cuts (~50 bps), with a target to protect NIMs at the 3% level and sustain RoA above 1% and RoE above 15% through cycles.
Investors get reassurance on asset quality and profitability, but should expect NIM compression in FY26 as deposit costs lag rate cuts. The ₹25,000 crore equity raise is only enabling (not imminent), so any actual capital raise could dilute shareholders, though management indicated it would only happen at the right price.