Lends and accepts deposits across retail, corporate and treasury segments, earning primarily through net interest income, treasury yields on government securities and digital banking fees. Other Retail Banking is the largest segment at Rs 1,71,862.28 crore (45.2% of segment revenue), covering branch-based retail loans, deposits and services to individuals and small businesses. Corporate/Wholesale Banking contributes Rs 1,07,353.87 crore (28.2% of segment revenue) from large-ticket lending and wholesale services to companies and institutions. Treasury operations bring in Rs 96,466.32 crore (25.4% of segment revenue) from investments in government bonds and trading income. The Digital Banking segment earns Rs 4,160.51 crore (1.1% of segment revenue) but is the most profitable per rupee earned, with the YONO 2.0 platform as the main digital channel and 66% of new savings accounts sourced digitally. Gold loans are a fast-growing retail product, with the portfolio crossing Rs 1 lakh crore at 100% YoY growth and average ticket size of Rs 2.5 lakh. Asset quality is at a two-decade low while domestic net interest margin is 3.03% and capital adequacy ratio stands at 15.4%. FY27 guidance targets credit growth of 13-15% with NIM above 3% and credit cost around 50 basis points. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Retail Banking operations - Other (45%), Corporate/Wholesale Banking operations (28%), Treasury operations (25%), Retail Banking operations - Digital (1%), Unallocated (0%). Cyclical, asset-heavy public sector bank lending and taking deposits across retail, corporate, treasury and digital channels.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | 35,374 | 55,648 | 67,085 | 77,561 | 83,299 |
| EPS, as reported (₹) | 39.64 | 62.35 | 75.17 | 86.91 | 91.16 |
| ROE % · ROCE % | — · — | — · — | — · — | — · — | — · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 57,695 | (86,014) | 21,632 | 48,486 | 38,097 |
| Capex | — | — | — | — | — |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Profit before tax | 27,474 | 25,566 | 26,897 | 29,229 | 28,657 | 30,067 | 26,076 | 32,884 |
| Net profit | 20,220 | 19,175 | 19,941 | 21,627 | 21,504 | 21,876 | 20,161 | 24,579 |
| EPS (₹) | 22.17 | 21.12 | 21.96 | 23.76 | 22.81 | 23.09 | 21.28 | 26.12 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| STATE BANK OF INDIA ◆ | 9,19,091 | 10.7 | — | — | — | — | — | — |
| UNION BANK OF INDIA | 1,35,955 | 6.6 | — | — | — | — | — | — |
| PUNJAB NATIONAL BANK | 1,34,180 | 6.1 | — | — | — | — | — | — |
| BANK OF BARODA | 1,23,295 | 6.8 | — | — | — | — | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · SBI to meet institutional investors on Sept 15 at Gurugram | board shareholder meetings | low | — | — |
| 7 Sept 2026 · SBI informs exchange about bank union strike notice | capex operations | high | — | — |
| 31 Aug 2026 · SBI Deputy Managing Director Binod Kumar Mishra superannuates | management changes | high | — | — |
| 28 Aug 2026 · SBI holds virtual investor meet; only public domain info shared | investor communications | low | — | — |
| 21 Aug 2026 · SBI allots 1.49 lakh shares from 2008 Rights Issue held in abeyance | corporate actions | low | — | — |
| 21 Aug 2026 · SBI to meet institutional investors on Aug 27 organized by Morgan Stanley | board shareholder meetings | low | — | — |
| 17 Aug 2026 · SBI meets over 50 institutional investors in Mumbai, arranged by Motilal Oswal | investor communications | low | — | — |
| 13 Aug 2026 · SBI Q1FY27 analyst meet: record net profit Rs 21,121 cr, NIM held at 3% | investor communications | medium | — | — |
| 12 Aug 2026 · SBI to interact with investors at Motilal Oswal conference on Aug 17 | board shareholder meetings | low | — | — |
| 11 Aug 2026 · SBI raises USD 500 million via 5-year Reg S bonds at 5.25 percent coupon | fund raising | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| INDIAN BANK |
| 1,14,963 |
| 9.0 |
| — |
| — |
| — |
| — |
| — |
| — |
| CANARA BANK | 1,12,476 | 5.7 | — | — | — | — | — | — |
| BANK OF MAHARASHTRA | 64,763 | 8.6 | — | — | — | — | — | — |
| INDIAN OVERSEAS BANK | 63,759 | 10.8 | — | — | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.7 | 7.7 | 9 of 12 | 27% |
| Profit growth | 13.7 | 28.3 | 10 of 12 | 18% |
| Market cap | 919091 | 88620 | 1 of 12 | 100% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
