loader2
Partner With Us NRI

Company details

533.05
541.70
425.00
578.65
6M Return 4.82%
1Y Return 16.02%
Mkt Cap.(Cr) 479,474.78
Volume 408,934
Div Yield 1.32%
OI
-
OI Chg %
-
Volume 408,934

Open Free Demat Account Online with ICICIDIRECT

SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Call Date

11 Jan 2022

Entry Price

503.00

Target Price

512.50

Duration

Intraday

Stop Loss

496.70

BUY

Investment recommendation

Call Date

30 Aug 2022

Entry Price

515.00

Target Price

587.00

Duration

3 Month

Rapid Results

Q1FY23 Quarterly Result Announced for State Bank of India

State Bank of India announced Q1FY23 Result :

  • Bank’s Balance Sheet size crosses Rs. 50 lakh crores.
  • Credit growth at 14.93% YoY. Domestic Advances grew at 13.66% YoY and Foreign Offices’ Advances grew by 22.39% YoY.
  • Domestic Advances growth driven by Retail Personal Advances (18.58% YoY), out of which Home Loan grew by 13.77% YoY.
  • Corporate Loan book grew by 10.57%; SME and Agri loans have also registered YoY growth of 10.01% and 9.82% respectively.
  • Whole Bank Deposits grew at 8.73% YoY, out of which CASA Deposit grew by 6.54% YoY. CASA ratio stands at 45.33% as on 30th June 22.
  • Profitability:
    • Operating Profit for Q1FY23 at Rs. 12,753 crores as against Rs. 18,975 crores in Q1FY22, impacted by MTM Losses on investment book.
    • Net Profit for Q1FY23 at Rs. 6,068 crores as against Rs. 6,504 crores in Q1FY22.
    • The MTM hit also had an adverse impact on bank’s ROA and ROE, which stand at 0.48% and 10.09% respectively.
    • Excluding Trading Income and MTM, Core Operating Profit increased by 14.39% YoY, from Rs. 16,873 crores in Q1FY22 to Rs. 19,302 crores in Q1FY23.
    • Net Interest Income (NII) for Q1FY23 increased by 12.87% YoY.
    • Domestic NIM for Q1FY23 increased by 8 bps YoY to 3.23%.
  • Asset Quality:
    • Gross NPA ratio down by 141 bps YoY at 3.91%, while Net NPA ratio down by 77 bps YoY at 1.00%.
    • Provision Coverage Ratio (PCR) improved by 719 bps YoY at 75.05%. PCR (Incl. AUCA) stands at 90.14%.
    • Slippage Ratio for Q1FY23 stands at 1.38%; improved by 109 bps YoY.
    • Credit Cost for Q1FY23 stands at 0.61%; improved by 18 bps YoY.
  • Capital Adequacy Ratio (CAR) as at the end of Q1FY23 stands at 13.43%.
  • Alternate Channels:
    • 65% of SB accounts and 38% of retail asset accounts acquired digitally through YONO.
    • Share of Alternate Channels in total transactions increased from 95.1% in Q1FY22 to 96.6% in Q1FY23.

 

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 305,588.04 Cr FV: 1.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 15,509.20 -8,578.65
LAST 3M 18,287.41 29,096.76
LAST 6M 90,792.99 -64,390.79
LAST 12M 213,883.43 -208,257.14

Information

  • About Company
  • Company Info
  • Listing Info
11.76
56.92%
330.1211
13.61%
Description
  • State Bank of India is a Financial sector company, having a market capitalization of worth Rs.3,03,347.55 Cr as of 16 April 2021. The bank was incorporated in 1806. The bank has reported its consolidated quarterly revenue of Rs.66,734.50 Cr as of December 2020. The bank is listed as a constituent of the Bombay Stock Exchange (BSE) with the code 500112 and the National Stock Exchange (NSE) with the symbol (SBIN). State Bank of India (SBI), formerly known as Imperial Bank of India, is the largest and the oldest bank in the country. It is ranked 43rd largest bank in the world. This public-sector bank has many subsidiaries like SBI Life Insurance Ltd., SBI General Insurance, Yes Bank, etc. The State Bank of India is the world's largest and oldest public sector commercial bank, with over twenty decades of experience servicing customers in and across the country. The bank was established as the Imperial Bank of India when the Bank of Madras, the Bank of Bombay and the Bank of Calcutta merged and renamed as the State Bank of India in the year 1955 by the Indian Government who took 60 per cent of the stake of the Imperial Bank of India with Reserve Bank of India (India's central bank), renaming it State Bank of India. The Government of India bought all of RBI's holdings in the bank in 2007. The bank has over 24000 branches in India as of 1 April 2017, and among the Indian banks, this bank has the most extensive presence in foreign markets with about 200 overseas offices in over 36 countries, including Australia, Bangladesh, Canada, UK, Mauritius, SBI Sri Lanka, Nepal, Moscow, Kenya and Seoul to name a few. It's a public-sector bank with many subsidiaries like SBI Life Insurance Ltd., SBI General Insurance, SBI Mutual Fund, SBI Capital Markets Ltd, SBI Cards & Payments Services Pvt. Ltd., Yes bank etc. functioning under it. It handles its operations through segments like Treasury, which includes the whole investment portfolio and trading in FOREX and derivative contracts. The Corporate or Wholesale Banking, that constitutes the lending activities of Corporate Accounts Group, Mid Corporate Accounts Group, and Stressed Assets Management Group to provide loans and transaction services to corporate and institutional clients. The Retail Banking segment has branches in National Banking Group that primarily comprises personal banking activities, which include lending activities to its corporate customers. The Other Banking business segment manages the operations of all its non-banking subsidiaries and joint ventures.

Read More

Registered Address

State Bank Bhavan 14th Floor, Madame Cama Road Nariman Point, Mumbai, Maharashtra, 400021

Tel : 91-22-22740841/42/43/44/45/46/47/48
Email : gm.snb:sbi.co.in/investor.complaints:sbi.co.in
Website : http://www.sbi.co.in

Registrar

Alankit Assignments Ltd

AGM Date (Month) : Jun
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500112
NSE Code : SBIN
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE062A01020

ICICIdirect State Bank of India FAQ

You can buy State Bank of India shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy State Bank of India Share.
Company share prices and volatile and keep changing according to the market conditions. As of Oct 06, 2022 04:01 PM the closing price of State Bank of India was ₹ 537.25.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 06, 2022 04:01 PM, the market cap of State Bank of India stood at ₹ 479,474.78.
The latest PE ratio of State Bank of India as of Oct 06, 2022 04:01 PM is 11.76
The latest PB ratio of State Bank of India as of Oct 06, 2022 04:01 PM is 0.61
The 52-week high of State Bank of India is ₹ 578.65 while the 52-week low is ₹ 425.00 .
According to analyst recommendations, State Bank of India has a “Buy” rating for the long term.

Thank you for subscribing to Equity/ Equity Research/MF/FnO Newsletter. You will hear from us shortly.

for your vote

CLOSE