Financial Services · NSE/BSE: SBIN

State Bank of India

Public Sector Bank
Market Cap ₹9.30L Cr
Verdict: High

Quality Scores

Multi-Bagger
82/100
Compounder Quality
86/100
Management Credibility
90/100
Governance
88/100
Cash Flow Quality
72/100

AI Summary

State Bank of India (SBI) is India's largest lender, holding a dominant 22% deposit market share and 20% loan market share. Over the last decade, the bank has successfully navigated a challenging asset quality cycle, transforming from a loss-making entity in FY17-18 to a profit powerhouse generating over ₹86,000 Cr in FY26. The bank's massive scale and digital transformation through the YONO platform have created a significant competitive moat. Capital adequacy has remained resilient, with Return on Equity (ROE) stabilizing at health levels above 15% in recent years. SBI remains a proxy for…

Top Opportunities

  • Massive market share (22% deposits, 20% advances)
  • Strong ROE profile >15% consistently in recent years
  • Significant improvement in Gross NPA (down to 2.13%)

Top Risks

  • Extremely high contingent liabilities (Rs 43.5L Cr)
  • Low financing margins (-18% financing profit/revenue)
  • Frequent CFO/PAT mismatch in certain years

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