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State Bank of India Fundamental Analysis Revenue, Profits & Valuation

NSE: SBIN | BSE: 500112 | BANKS
Price ₹970.45 +₹13.80 (+1.44%)
P/B Ratio 1.8 TTM
52-Week Range
Low ₹782 High ₹1,235
Market Cap ₹8.66T Trillion
ROE 15.4% Annual

Market data as of Jun 3, 2026

Here is a data-driven look at State Bank of India (SBIN), covering financial performance, valuation, and shareholding trends.

SBI Revenue Trend

State Bank of India managed to grow its top line 11.6% in FY2025, with revenue hitting ₹6,63,343 Cr.

A 9.9% CAGR over 10 years is middle-of-the-road. State Bank of India's top line moved from ₹2,57,289 Cr to ₹6,63,343 Cr in that period.

State Bank of India's ₹6,63,343 Cr revenue base puts it in the major bracket among banks companies in India.

The consistency stands out: 10 consecutive years of growth in top-line revenue.

Revenue Trend
YearRevenueYoY %
FY2025₹6,63,343 Cr+11.6%
FY2024₹5,94,574 Cr+25.6%
FY2023₹4,73,378 Cr+16.3%
FY2022₹4,06,973 Cr+5.6%
FY2021₹3,85,337 Cr
Revenue Trend (₹ Cr)

View State Bank of India's full 10-year revenue trend with CAGR analysis →

Is SBI Undervalued

Under the P/E Ratio approach, State Bank of India's estimated fair value is ₹867 (10.6% downside).

State Bank of India shares are currently trading at ₹970.45.

Craytheon also calculates intrinsic value using the EPS Growth, P/B Ratio, and DDM models. The full breakdown with assumptions is available in the detailed analysis.

Valuation Models
ModelEst. Fair Valuevs. Current Price
P/E RatioUpgradeUpgrade
EPS GrowthUpgradeUpgrade
P/B Ratio₹86710.6% downside to fair value
DDMUpgradeUpgrade

See all valuation models for State Bank of India with detailed assumptions →

SBI Shareholding Pattern

The promoter stake has come down from 57.4% to 55.5%, which bears watching.

Foreign institutional investors (FIIs) held 11.4% as of March 2026, up from 9.3% a year ago.

DII ownership is at 26.2%, up from the 25.7% recorded a year ago.

Shareholding Pattern (Last 4 Quarters)
QuarterPromoterFIIDIIPublic
Mar 202655.5%11.4%26.2%6.8%
Dec 202555.5%10.3%27.2%7.0%
Sep 202555.5%9.6%27.8%7.1%
Jun 202557.4%9.3%25.7%7.6%

Track quarterly shareholding changes for State Bank of India →

SBI Balance Sheet

Proportional view as of 3 Jun 2026. Hover blocks for details.

Assets

Liabilities & Equity

Total assets stood at ₹73,141.85B at the end of FY2025, up 8.6% from ₹67,337.79B a year earlier.

Loans & Advances is the largest block at 58.1%, followed by Investments at 30.2% and Other Assets at 6.8%.

Deposits make up 74.4% of liabilities and equity, with Borrowings at 8.4%, Equity at 6.9%, and Other Liabilities at 10.4%. Over the year, deposits are up 9.5% and equity is up 17.3%.

Balance sheet composition — FY 2025

Assets (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Cash 3,579.33B
Loans & Advances 42,508.31B
Investments 22,056.01B
Other Assets 4,998.21B
Liabilities and equity (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Equity 5,050.63B
Deposits 54,398.98B
Borrowings 6,108.57B
Other Liabilities 7,583.67B

View full balance sheet (multi-year) →

SBI — The Bottom Line

What should investors take away from State Bank of India's (SBIN) latest numbers? Here's the summary.

Revenue of ₹6,63,343 Cr in FY2025, up 11.6% year-over-year.

Long-term revenue has been compounding at 9.9% annually over 10 years.

The company is profitable, with a net margin of 11.7% and net income of ₹77,561 Cr.

The P/B Ratio model implies 10.6% downside to fair value from the current price. The remaining three models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.

Unlock Full Analysis

For the complete 10-year financial history with interactive charts and growth analysis, explore State Bank of India's detailed profile on Craytheon.

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