SBIN · Regional Banks · INE062A01020
Analyst mean 1.64 · 36 analysts · 80% bullishWhat the numbers mean when read together — computed from the filings, not a score.
Operating cash flow is just 44% of trailing profit — the classic pattern where reported earnings are not backed by cash. This is the single most important thing to understand on this page.
Operating cash flow ₹38,097 cr against trailing net profit ₹86,666 cr. When profit rises but cash does not follow, the questions are: are receivables ballooning, is revenue being recognised ahead of collection, or are costs being capitalised?
Both revenue and profit grew over the last year (5% and 7.6%) — growth is translating to the bottom line.
Trailing revenue ₹515,235 cr, trailing profit ₹86,666 cr. Profit growing at least as fast as revenue indicates operating leverage or pricing power.
Free cash flow swings between positive and negative across the cycle.
Latest ₹29,734 cr, negative in 2 of 12 years.
Other income is 173% of pre-tax profit — a large share of the profit comes from outside the core operating business.
Trailing other income ₹197,408 cr against pre-tax profit ₹114,029 cr. High other-income dependence means the headline profit is flattered by treasury, one-offs, or non-operating items rather than the core business.
Markers show corporate actions (splits, bonus, dividends). Prices are split-adjusted so the series is continuous.
| Metric | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 118,242 | 121,045 | 124,654 | 126,840 | 125,729 | 128,040 | 130,386 | 131,080 |
| Expenses | 53,996 | 62,709 | 64,890 | 74,438 | 59,496 | 72,265 | 76,799 | 75,050 |
| Other Income | 33,883 | 42,758 | 43,200 | 52,722 | 41,263 | 50,884 | 55,262 | 49,999 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 26,428 | 27,474 | 25,566 | 26,897 | 29,229 | 28,657 | 30,067 | 26,076 |
| Net Profit | 20,094 | 20,565 | 19,484 | 20,379 | 22,121 | 21,861 | 22,176 | 20,508 |
| EPS | 21.65 | 22.17 | 21.12 | 21.96 | 23.76 | 22.90 | 23.09 | 21.28 |
| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 892 | 892 | 892 | 892 | 892 | 923 |
| Reserves | 274,669 | 304,696 | 358,039 | 414,047 | 486,144 | 595,208 |
| Borrowings | — | — | — | — | — | — |
| Fixed Assets | 41,600 | 41,032 | 45,880 | 46,072 | 47,716 | 59,772 |
| CWIP | 116 | 28 | 66 | 42 | 41 | 78 |
| Investments | 1,595,100 | 1,776,490 | 1,913,108 | 2,110,548 | 2,205,601 | 2,359,502 |
| Total Assets | 4,845,615 | 5,360,878 | 5,954,415 | 6,733,756 | 7,313,730 | 8,321,176 |