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Earnings Call

State Bank of India Earnings Call: Key Takeaways

SBI reports record annual net profit of ₹80,032 crore for FY26, driven by strong loan growth and improved asset quality with GNPA at a two-decadal low of 1.49%.

Why this was an Alfa AlertNot a filter event. While the bank achieved record profits, there is no explicit beat mentioned against management's own prior specific numerical guidance range.
Highlights
Revenue growthInterest income grew 4.53% YoY; Fee income grew 14.17%.
MarginsNIMs declining: Domestic NIM at 3.03% vs 3.21% in FY25.
Demand visibilityHigh; robust growth across SME (20.99%) and Agri (19.68%) segments.
Management confidenceStrong; highlighted 'unmatched liability franchise' and 'best in class asset quality'.

Growth

Net profit grew 12.88% YoY; Advances rose 16.87% to ₹49.3 trillion; Deposits increased 11.03% to ₹59.8 trillion.

Outlook

Focus on digital leadership via YONO (10.02cr users) and maintaining domestic market share above 22%.

Risks

NIM compression noted (Whole Bank NIM down 17bps YoY to 2.91%) and potential cost pressures in a competitive deposit environment.

Source

Earnings Call filed with BSE, NSE: SBIN. Summary written with AI assistance from the document.

Read the document ↗

State Bank of India: key numbers

Share price
₹983.00
Market cap
₹9,07,370 Cr
Revenue (annual)
₹5,14,933 Cr
Net profit (annual)
₹83,299 Cr
P/E (TTM)
10.5×Sector 22.0×
Promoter holding
55.47%-0.05% QoQ
FII holding
10.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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16:21 IST BSE
Debt & Borrowing

State Bank of India Debt & Borrowing: ₹749 Cr

State Bank of India paid ₹749 Crore as annual interest on its bond series (ISIN: INE062A08397). This debt servicing disclosure complies with SEBI LODR regulations.

Value
₹749.0 Cr
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State Bank of India Debt & Borrowing: ₹302.8 Cr

SBI confirmed payment of ₹302.80 Crore annual interest on its Tier 2 bond series (₹4,000 Crore issue). The coupon was paid on 23 September 2026.

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₹302.8 Cr
13:21 IST NSE
Debt & Borrowing

State Bank of India Debt & Borrowing: ₹549.8 Cr

SBI paid ₹549.75 Crore annual interest on its Tier 2 Bond Series (INE062A08454) on 21 September 2026. Regular coupon servicing disclosed under Reg 57(1) LODR.

Value
₹549.8 Cr
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State Bank of India Debt & Borrowing: ₹532.6 Cr

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Value
₹532.6 Cr
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