STATE BANK OF INDIA REG S INDIA GDR

STATE BANK OF INDIA REG S INDIA GDR

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Market Cap$93.78B
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P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
STATE BANK OF INDIA REG S INDIA GDRSTATE BANK OF INDIA REG S INDIA GDR10.41.7%599%-1.1

Earnings Call Q3 2026

February 7, 2026 - AI Summary

Strong quarter & profitability leap (headline beats): - Highest ever quarterly net profit: ₹21,028 cr (+24.49% YoY). - Operating profit: ₹32,862 cr (+39.54% YoY). - Net interest income (NII): ₹45,190 cr (+9% YoY). - Domestic NIM: 3.12% for the quarter. - One key “not fully comparable” item (surprising/important): prior quarter’s exceptional profit from Yes Bank share sale; management indicated Q3 profit still matched Q1/Q2 levels despite the lack of that tailwind, implying underlying performance strength.
Asset quality remains best-in-class (lower risk even with growth): - Gross NPA: 1.57% (improved by 50 bps YoY). - Net NPA: 0.39% (improved by 14 bps YoY). - PCR: 75.54% (+88 bps YoY). - Management stressed NPA is at lowest level in 2+ decades and that credit underwriting + recoveries are driving resilience.
Growth outlook: credit guidance revised upward; profitability guidance largely maintained: - Credit growth guidance revised upward: from ~12–14% to ~13–15% for FY’26 (management said they’ll give full-year guidance at Q1). - Demand backdrop improving from budget capex, trade deal positives, GST/tax measures, and SBI positioning in MSME + sunrise sectors (Chakra). - Management claimed corporate growth can be sustained without NIM drag due to risk-based pricing + ecosystem banking and controls (e.g., “22-item checklist” on underwriting/engagement factors).

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$-14.65

Current Fair Value

114.4% downside

Overvalued by 114.4% based on the discounted cash flow analysis.

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Share Statistics

Market cap$93.78 Billion
Enterprise Value$134.19 Billion
Annual dividend$1.81
Dividend yield1.70%
Earnings per Share$911.6
Beta0.35
Outstanding Shares923,077,000

Return

Return on Equity598.69%ROE
Return on Assets46.44%
Return on Invested Capital63.63%

Valuation & Multiples

P/E Ratio10.4P/E Ratio
PEG-10.54PEG
Price to Sales0.03Price to Sales
Price to Book Ratio1.3Price to Book Ratio
Enterprise Value to Revenue0.04
Enterprise Value to EBIT0.23
Enterprise Value to Net Income0
Total Debt to Enterprise0.58
Debt to Equity1.1Debt to Equity

Revenue Sources

No data

Last Earnings Call

Report Date
November 5, 2026
EPS Estimate
$2.43
Consensus analyst estimate
Revenue Estimate
$6.93 B
Consensus analyst estimate

Next Earnings Call

Expected Date
February 1, 2027
EPS Estimate
$2.27
Consensus analyst estimate
Revenue Estimate
$6.93 B
Consensus analyst estimate

Institutional Put/Call Ratio

Compares institutional put options with call options. At 0.00, the ratio is below 1, so institutions hold more calls than puts.

Put/Call Ratio0.00000%
Total Calls-
Total Puts-

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %0.00%▼ 0.00%
Total Invested$1.33M▼ 57.41%
Investors Holding10%

About State Bank of India

245,131 employees
CEO: Challa Sreenivasulu Setty

State Bank of India is a prominent financial institution offering a comprehensive range of banking and financial solutions to a diverse clientele, including individuals, commercial entities, corporate clients, public sector organizations...

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