NNextResearch

State Bank of India SBIN

India's largest bank by assets and branches, majority owned by the government

Mapped in 2 themes: Nifty 50 and Real Estate.

From publicly available information

Where State Bank of India sits in the supply chain

State Bank of India appears in 1 supply-chain layer in one theme, Real Estate.

Index membership

State Bank of India is in the Nifty 50 (NSE industry: Financial Services).

Revenue and profit

₹ CrFY24FY25FY26
Revenue4,39,1894,90,3135,14,933
Net profit69,54380,52386,666

Latest-year revenue ₹5.15L Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths

  • Unmatched deposit base and reach across rural and urban India
  • Valuable subsidiaries (SBI Life, SBI Cards, SBI Funds)

Risks

  • Government ownership can push it into policy lending and wage settlements
  • Large corporate book exposes it to infrastructure and power stress

Common questions

What does State Bank of India do?

India's largest bank by assets and branches, majority owned by the government.

Where does State Bank of India sit in the supply chain?

State Bank of India (NSE: SBIN) is mapped in 1 supply-chain layer: Housing & developer finance (Real Estate).

Who are State Bank of India's peers?

In the Nifty 50's Financial Services industry: HDFC Bank, ICICI Bank, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, Bajaj Finserv and 5 more.

What is State Bank of India's market cap and valuation?

As of 30 Oct 2026: market cap ₹8.81L Cr, P/E 10.5x, ROCE 6.1%, ROE 15.4%, dividend yield 1.80%.