Bom: 500112
Table of Contents
Current Market Performance – Bom: 500112
State Bank of India (SBI), trading under the symbol BOM:500112, currently stands at ₹736.85 per share. This price point sits comfortably above its 52-week low of ₹702.10, though notably below its 52-week high of ₹912.10. This pricing pattern suggests a period of consolidation for India’s largest public sector bank, with the stock demonstrating resilience by maintaining levels well above its yearly minimum.
| Net Profit: | INR 17,035 crores, an increase of 0.90% YoY. |
| Operating Profit | INR 26,449 crores, an increase of 4.55% YoY. |
| ROA | 1.10% for Q1 FY25. |
| ROE | 20.98% for Q1 FY25. |
| Cost-to-Income Ratio | 49.42%, improved by 95 basis points YoY. |
| Net Interest Income | Increased by 5.71% YoY. |
| Operating Expenses | Increased marginally by 0.65% YoY. |
| Deposits Growth | 8.18% YoY. |
| Term Deposits Growth | 12.20% YoY. |
| CASA Deposits Growth | 2.59% YoY. |
| Domestic Advances Growth | 15.55% YoY. |
| Retail Personal Advances | INR 13.7 trillion, growing at 13.60% YoY. |
| Agri Advances | INR 3.09 trillion, growing at 17.06% YoY. |
| SME Advances | SME Advances |
| CASA Deposits Growth | 2.59% YoY. |
| Domestic Advances Growth | 15.55% YoY. |
| Retail Personal Advances | INR 13.7 trillion, growing at 13.60% YoY. |
| Agri Advances | INR 3.09 trillion, growing at 17.06% YoY. |
| SME Advances | INR 4.43 trillion, growing at 19.87% YoY. |
| Corporate Segment Growth | Almost 16% YoY. |
| Foreign Offices Advances Growth | 14.41% YoY. |
| Domestic Advances Growth | 15.55% YoY. |
| YONO Registered Customers | 48 crore. |
| YONO Business Users | More than 29 lakh. |
| Gross NPA Ratio | 2.21% |
| Net NPA Ratio | 0.57% |
| Slippage Ratio | 0.84% |
| PCR Including AUCA | 91.76% |
| PCR Excluding AUCA | 74.41% |
Investment Returns and Dividend Analysis
SBI maintains a steady dividend policy that appeals to income-focused investors. The current dividend yield of 1.86% represents a significant shareholder return, particularly in the Indian banking sector. The bank’s dividend payout ratio has shown remarkable variation over the years:
- Highest payout ratio: 7.45
- Lowest payout ratio: 0.07
- Median payout ratio: 0.13
The forward dividend yield projection of 1.86% indicates the bank’s commitment to maintaining its shareholder rewards program. This consistency in dividend payments underscores SBI’s financial stability and focus on delivering value to investors through regular income streams.
Upcoming Corporate Events – Bom: 500112
Investors and market analysts are keenly awaiting SBI’s following earnings announcement, scheduled for May 9, 2025. This release will determine the bank’s growth trajectory and operational efficiency in the current financial year.
Business Overview and Market Position
State Bank of India is India’s largest public sector bank, with a legacy of over two centuries. The bank’s general network of branches and ATMs, combined with its digital banking initiatives, positions it uniquely in the Indian banking landscape. As a public sector undertaking, SBI is pivotal in implementing government financial policies while maintaining commercial viability.
Market Impact and Economic Significance
Given SBI’s position as India’s largest bank by assets, its stock performance often serves as a barometer for the broader Indian banking sector and, by extension, the Indian economy. The bank’s share price movements frequently reflect:
- The overall health of India’s banking sector
- Macroeconomic conditions
- Government policy impacts
- Credit growth patterns
- Asset quality trends
Technical Analysis and Stock Movements
The current stock price of ₹736.85 presents interesting technical perspectives:
- Trading Range: The stock has established a clear trading range between ₹702.10 and ₹912.10 over the past 52 weeks
- Support Levels: The current price suggests strong support around the ₹700 mark
- Resistance Zones: The previous high of ₹912.10 serves as a significant resistance level
- Price Action: Shows consolidation with potential for upward movement
Investment Considerations – Bom: 500112
Several factors make SBI an interesting investment proposition:
Strengths
- Market leadership position
- Extensive branch network
- Strong government backing
- Consistent dividend policy
- Digital banking initiatives
Growth Drivers
- Rising credit demand in India
- Economic recovery momentum
- Digital transformation
- Cross-selling opportunities
- Government initiatives in the banking sector
Risk Factors
Potential investors should consider several risk factors:
- Interest rate sensitivity
- Asset quality concerns
- Economic cycle impacts
- Regulatory changes
- Competition from private-sector banks
Future Outlook
The bank’s outlook remains broadly positive, supported by:
- Robust credit growth expectations
- Improving asset quality
- Digital banking momentum
- The government’s financial inclusion drive
- Economic growth prospects
Market Sentiment and Valuation – Bom: 500112
Current market sentiment appears cautiously optimistic, with the stock trading at reasonable valuations compared to private sector peers. The dividend yield of 1.86% adds to the investment appeal, particularly for long-term investors seeking stable returns.
Conclusion
State Bank of India (BOM:500112) continues to demonstrate its fundamental strength through consistent dividend payments and stable market performance. While the stock trades below its 52-week high, the intense support levels and upcoming earnings announcement in May 2025 could provide new catalysts for price movement. The bank’s position as India’s largest public sector bank, combined with its dividend yield and growth potential, makes it a significant consideration for value- and income-focused investors.
