Particulars

Net Interest Income (INR Cr)

PPOP Margin (%)
Net Profit (Rs Cr)
EPS (Rs)
P/E (x)
P/BV (x)
RoA (%)
RoE (%)

2015
2016
2017
2018
77,591.00 85,040.00 92,059.00 103,551.00
50.2
50.9
49.3
49.6
13,103.00 9,951.00 11,983.00 14,337.00
17.50
12.80
15.40
18.50
14.70
20.20
16.70
14.00
1.60
1.50
1.40
1.30
0.7
0.5
0.5
0.5
10.6
7.3
8
9

Aggregate NNPA ratio increased 325bp QoQ to 8.7%

2QFY17
1QFY17
Chg (bp) 2QFY16
SB of Travancore
7.2
5.99
121
2.27
SB of Hyderabad
8.64
5.09
355
2.39
SB of Mysore
8.43
4.65
378
2.22
SB of Patiala
11.88
7.87
401
4.37
SBBJ
7.17
3.65
352
2.15
Total
8.73
5.48
325
2.71

Breakdown of Slippage
INR Bn
Corporate slippage
Retail
SME
Agri
Total slippage

Sector
Large Corporate
Mid Corporate
SME
Agri
Retail
International
Total

2QFY17

1QFY17

84
7
21
7
118

67
10
21
10
108

Sep-16
7.40%
20.80%
9.20%
6.50%
0.90%
3.0%
7.10%

Jun-16
7.10%
19.60%
8.40%
7%
0.90%
3.10%
6.90%

Sep-15
0.40%
10.60%
8.70%
8.70%
1%
1%
4.20%

2013
4.76
2.1
10,456
9
5.9
15.9
1
12.9
9.5
44.8
86.9

GNPA (%)
NNPA (%)
Loans (bn)
Avg. Yield (%)
Avg. Cost (%)
RoE (%)
RoA (%)
CAR (%)
Tier1 Capital (%)
CASA Ratio
Loans/Deposit Ratio
P/BV (x)
P/E (x)

1.8
12.2

Provisions

111,308

Chg (bp)
493
625
621
751
502
602

Outstanding Stress Loans

Gross NPA
Gross NPAs (%)
Net NPA
Standard restructured assets
5/25 refinance (50% overlaps with other categories)
SDR (50% overlaps with other categories)
Security Receipts
Watch list (45% overlaps with other categories)
S4A (fully overlaps with other categories)
Total loans (Rs mn)
Gross Stress loans (%)
Stress loans for parent and subsidiaries
as % of loans
NPLs
Restructured loans
Gross Stress loans

1,057,830
7.14
600,135
365,700
95000
66300
68,770
260,000
28,250
14,335,543
11.69

SBI
7.1
2.5
11.7

2QFY16

Agri
SME
Retail
MCG
CAG
Overseas

8.8
13.2
21.7
15.3
21.2
19.8

2014
4.97
2.57
12,098
8.8
5.9
10.5
0.6
12.4
9.7
42.9
86.8

2015
4.27
2.12
13,000
8.8
5.8
11.2
0.7
12
9.6
41.3
82.4

2016
6.52
3.81
14,637
8.6
5.7
7.6
0.5
13.1
9.9
42.6
84.6

1.7
17.2

1.5
14.3

1.4
19.6

159,353

202,233

294,838

P/BV (x)
2013
2014
2015
2016

1.8
1.7
1.5
1.4

P/BV vs NN

2.57
2.1
1.8

1.7

2013

2014
P/BV (x)

Subsidiaries Consolidated
13.8
8.5
3.8
3.4
17.6
13.1

3QFY16

4QFY16

1QFY17

2QFY17

qoq bps

ytd bps

yoy bps

8.7
13.1
22.1
15.4
21.6
19.1

8.5
12.9
22.2
15.8
22.4
18.1

8.7
12.7
23.6
14.5
21.6
18.9

8.9
11.5
24.3
14.2
21.6
19.4

20
-123
70
-25
9
49

39
-138
204
-158
-73
126

8
-167
257
-104
49
-43

NNPA (%)
2.1
2.57
2.12
3.81

GNPA
2010
2011
2012
2013
2014
2015
2016

P/BV vs NNPA
3.81

2.57
2.12
1.7

2014
P/BV (x)

1.5

1.4

2015

2016

NNPA (%)

NNPA
3.05
3.28
4.44
4.75
4.97
4.27
6.52

1.72
1.63
1.82
2.1
2.57
2.12
3.81

Date
SBI
Sensex
11-Nov-16
273 26818.82
10-Nov-16
281.3 27517.68
9-Nov-16
260 27252.53
8-Nov-16
252.65 27591.14
7-Nov-16
252.7 27458.99
4-Nov-16
242.85 27274.15
3-Nov-16
245.65 27430.28
2-Nov-16
251.05 27527.22
1-Nov-16
258.95 27876.61
28-Oct-16
258 27941.51
27-Oct-16
255.4 27915.9
26-Oct-16
258.75 27836.51
25-Oct-16
261.45 28091.42
24-Oct-16
262.95 28179.08
21-Oct-16
258.5 28077.18
20-Oct-16
260.2 28129.84
19-Oct-16
255.4 27984.37
18-Oct-16
256.9 28050.88
17-Oct-16
253.2 27529.97
14-Oct-16
252.1 27673.6
13-Oct-16
249.65 27643.11
10-Oct-16
256.6 28082.34
7-Oct-16
258.7 28061.14
6-Oct-16
256.8 28106.21
5-Oct-16
260.85 28220.98
4-Oct-16
259.75 28334.55
3-Oct-16
255.3 28243.29
30-Sep-16
251.25 27865.96
29-Sep-16
247.25 27827.53
28-Sep-16
253.75 28292.81
27-Sep-16
249 28223.7
26-Sep-16
251.65 28294.28
23-Sep-16
254.55 28668.22
22-Sep-16
257.9 28773.13
21-Sep-16
251.15 28507.42
20-Sep-16
254.45 28523.2
19-Sep-16
255.65 28634.5
16-Sep-16
254.3 28599.03
15-Sep-16
256 28412.89
14-Sep-16
257.55 28372.23
12-Sep-16
252.75 28353.54
9-Sep-16
264.1 28797.25
8-Sep-16
268.35 29045.28
7-Sep-16
266.8 28926.36
6-Sep-16
260.1 28978.02
2-Sep-16
254.6 28532.11
1-Sep-16
252 28423.48
31-Aug-16
252.5 28452.17
30-Aug-16
252.25 28343.01

SBI vs Se
35000
30000
25000
20000
15000
10000
5000
0
1-Oct-15

1-Dec-15

1-Feb-16

1-Apr-16
Sensex

29-Aug-16
26-Aug-16
25-Aug-16
24-Aug-16
23-Aug-16
22-Aug-16
19-Aug-16
18-Aug-16
17-Aug-16
16-Aug-16
12-Aug-16
11-Aug-16
10-Aug-16
9-Aug-16
8-Aug-16
5-Aug-16
4-Aug-16
3-Aug-16
2-Aug-16
1-Aug-16
29-Jul-16
28-Jul-16
27-Jul-16
26-Jul-16
25-Jul-16
22-Jul-16
21-Jul-16
20-Jul-16
19-Jul-16
18-Jul-16
15-Jul-16
14-Jul-16
13-Jul-16
12-Jul-16
11-Jul-16
8-Jul-16
7-Jul-16
5-Jul-16
4-Jul-16
1-Jul-16
30-Jun-16
29-Jun-16
28-Jun-16
27-Jun-16
24-Jun-16
23-Jun-16
22-Jun-16
21-Jun-16
20-Jun-16
17-Jun-16

249.05
246.6
250.15
254.4
254.75
254.8
258.5
248.4
246.25
246.75
243.3
227.15
231.5
235.15
233.25
232.75
225.65
226.65
228.05
227.3
229.4
231
229.25
226.7
229.9
223.5
225.65
231.15
229.6
228.75
231.5
232
227.7
226.7
224.7
218.3
220.05
223.5
223
219.6
218.8
217.2
215.9
217.15
211.25
217.55
212.9
214
215.9
213.45

27902.66
27782.25
27835.91
28059.94
27990.21
27985.54
28077
28123.44
28005.37
28064.61
28152.4
27859.6
27774.88
28085.16
28182.57
28078.35
27714.37
27697.51
27981.71
28003.12
28051.86
28208.62
28024.33
27976.52
28095.34
27803.24
27710.52
27915.89
27787.62
27746.66
27836.5
27942.11
27815.18
27808.14
27626.69
27126.9
27201.49
27166.87
27278.76
27144.91
26999.72
26740.39
26524.55
26402.96
26397.71
27002.22
26765.65
26812.78
26866.92
26625.91

16-Jun-16
15-Jun-16
14-Jun-16
13-Jun-16
10-Jun-16
9-Jun-16
8-Jun-16
7-Jun-16
6-Jun-16
3-Jun-16
2-Jun-16
1-Jun-16
31-May-16
30-May-16
27-May-16
26-May-16
25-May-16
24-May-16
23-May-16
20-May-16
19-May-16
18-May-16
17-May-16
16-May-16
13-May-16
12-May-16
11-May-16
10-May-16
9-May-16
6-May-16
5-May-16
4-May-16
3-May-16
2-May-16
29-Apr-16
28-Apr-16
27-Apr-16
26-Apr-16
25-Apr-16
22-Apr-16
21-Apr-16
20-Apr-16
18-Apr-16
15-Apr-16
12-Apr-16
11-Apr-16
8-Apr-16
7-Apr-16
6-Apr-16
5-Apr-16

216
216.05
207.7
201.8
205.95
209.95
210.7
210.15
198.9
196.6
197.95
195.6798
202.2929
196.272
193.3603
181.7626
172.8299
167.3025
166.2168
169.1286
170.4611
177.6171
174.5573
174.5079
182.4535
186.0562
182.6016
187.0433
186.2536
181.96
178.0119
177.6171
181.6639
183.5886
186.5497
189.5602
193.607
198.3448
194.4954
197.5552
191.8304
184.8718
184.3289
189.4121
185.3653
185.8095
180.7262
179.5911
181.4665
181.96

26525.46
26726.34
26395.71
26396.77
26635.75
26763.46
27020.66
27009.67
26777.45
26843.03
26843.14
26713.93
26667.96
26725.6
26653.6
26366.68
25881.17
25305.47
25230.36
25301.9
25399.72
25704.61
25773.61
25653.23
25489.57
25790.22
25597.02
25772.53
25688.86
25228.5
25262.21
25101.73
25229.7
25436.97
25606.62
25603.1
26064.12
26007.3
25678.93
25838.14
25880.38
25844.18
25816.36
25626.75
25145.59
25022.16
24673.84
24685.42
24900.63
24883.59

4-Apr-16
1-Apr-16
31-Mar-16
30-Mar-16
29-Mar-16
28-Mar-16
23-Mar-16
22-Mar-16
21-Mar-16
18-Mar-16
17-Mar-16
16-Mar-16
15-Mar-16
14-Mar-16
11-Mar-16
10-Mar-16
9-Mar-16
8-Mar-16
4-Mar-16
3-Mar-16
2-Mar-16
1-Mar-16
29-Feb-16
26-Feb-16
25-Feb-16
24-Feb-16
23-Feb-16
22-Feb-16
19-Feb-16
18-Feb-16
17-Feb-16
16-Feb-16
15-Feb-16
12-Feb-16
11-Feb-16
10-Feb-16
9-Feb-16
8-Feb-16
5-Feb-16
4-Feb-16
3-Feb-16
2-Feb-16
1-Feb-16
29-Jan-16
28-Jan-16
27-Jan-16
25-Jan-16
22-Jan-16
21-Jan-16
20-Jan-16

192.1758
193.1135
191.7317
194.9889
187.0433
185.8588
194.0512
194.9395
194.2486
188.7706
183.9341
182.799
182.8977
179.3937
177.7651
178.1599
181.0223
180.973
185.9575
180.3808
178.8015
159.9491
156.6919
153.8788
149.832
154.2737
156.4451
162.8115
162.5648
157.7283
156.8893
154.3724
165.6739
152.7931
152.2502
156.9387
164.8843
169.9182
166.0194
160.7388
163.8973
167.2038
170.5104
177.5677
182.8484
182.0094
180.5782
182.2068
173.3235
171.3987

25399.65
25269.64
25341.86
25338.58
24900.46
24966.4
25337.56
25330.49
25285.37
24952.74
24677.37
24682.48
24551.17
24804.28
24717.99
24623.34
24793.96
24659.23
24646.48
24606.99
24242.98
23779.35
23002
23154.3
22976
23088.93
23410.18
23788.79
23709.15
23649.22
23381.87
23191.97
23554.12
22986.12
22951.83
23758.9
24020.98
24287.42
24616.97
24338.43
24223.32
24539
24824.83
24870.69
24469.57
24492.39
24485.95
24435.66
23962.21
24062.04

19-Jan-16
18-Jan-16
15-Jan-16
14-Jan-16
13-Jan-16
12-Jan-16
11-Jan-16
8-Jan-16
7-Jan-16
6-Jan-16
5-Jan-16
4-Jan-16
31-Dec-15
30-Dec-15
29-Dec-15
28-Dec-15
24-Dec-15
23-Dec-15
22-Dec-15
21-Dec-15
18-Dec-15
17-Dec-15
16-Dec-15
15-Dec-15
14-Dec-15
11-Dec-15
10-Dec-15
9-Dec-15
8-Dec-15
7-Dec-15
4-Dec-15
3-Dec-15
2-Dec-15
1-Dec-15
30-Nov-15
27-Nov-15
26-Nov-15
24-Nov-15
23-Nov-15
20-Nov-15
19-Nov-15
18-Nov-15
17-Nov-15
16-Nov-15
13-Nov-15
11-Nov-15
10-Nov-15
9-Nov-15
6-Nov-15
5-Nov-15

180.5782
178.6534
181.9107
193.5083
198.2955
196.8149
201.6514
206.2411
206.8333
214.0387
214.927
217.8388
221.5401
222.8726
225.2415
225.9325
225.3402
226.6727
225.3896
227.4624
223.5636
227.9065
224.3532
223.4649
223.0207
224.3532
228.9429
231.3611
232.8911
235.556
237.9743
237.9743
241.4289
246.9563
245.4264
246.4628
239.3561
238.2704
239.5535
239.8003
240.738
237.8756
244.6368
245.081
237.1353
239.9977
238.073
242.9095
239.8497
230.8676

24479.84
24188.37
24455.04
24772.97
24854.11
24682.03
24825.04
24934.33
24851.83
25406.33
25580.34
25623.35
26117.54
25960.03
26079.48
26034.13
25838.71
25850.3
25590.65
25735.9
25519.22
25803.78
25494.37
25320.44
25150.35
25044.43
25252.32
25036.05
25310.33
25530.11
25638.11
25886.62
26117.85
26169.41
26145.67
26128.2
25958.63
25775.74
25819.34
25868.49
25841.92
25482.52
25864.47
25760.1
25610.53
25866.95
25743.26
26121.4
26265.24
26304.2

4-Nov-15
3-Nov-15
2-Nov-15
30-Oct-15
29-Oct-15
28-Oct-15
27-Oct-15
26-Oct-15
23-Oct-15
21-Oct-15
20-Oct-15
19-Oct-15
16-Oct-15
15-Oct-15
14-Oct-15
13-Oct-15
12-Oct-15
9-Oct-15
8-Oct-15
7-Oct-15
6-Oct-15
5-Oct-15
1-Oct-15

235.9015
232.8911
233.8287
233.9768
233.8781
238.912
245.5745
247.9927
250.1148
246.5615
251.546
251.2006
253.4707
245.7225
241.0835
240.6393
241.3796
240.2938
240.1458
240.3925
236.9873
236.8886
232.1014

26552.92
26590.59
26559.15
26656.83
26838.14
27039.76
27253.44
27361.96
27470.81
27287.66
27306.83
27364.92
27214.6
27010.14
26779.66
26846.53
26904.11
27079.51
26845.81
27035.85
26932.88
26785.55
26220.95

SBI vs Sensex
300
250
200
150
100
50
0
1-Feb-16

1-Apr-16
Sensex

1-Jun-16
SBI

1-Aug-16

1-Oct-16

Companies
State Bank of India
HDFC Bank
ICICI Bank
Axis Bank
Yes Bank
Bank Of Baroda
PNB
Canara Bank

Net Interest
RoE (%) RoA (%)
Margin (%)
2.9
6.9
0.5
4.5
18.3
1.9
3.4
11.4
1.4
3.6
16.8
1.7
3.4
19.9
1.7
1.9
-14.4
-0.8
2.5
-10.9
-0.6
1.9
-10.8
-0.5

Gross Net NPA

NPA (%)
(%)
6.7
3.8
0.9
0.3
5.8
3.0
1.8
0.7
0.8
0.3
10.0
5.1
12.9
8.6
9.4
6.4

P/B

P/E

1.5
4.3
1.9
2.4
4.0
1.0
0.7
0.6

21.3
25.7
16.7
15.3
21.7
-

Slippage
Ratio
4.9
1.6
4.2
2.6
1.2
6.6
10.3
8.0

EPS
12.8
48.6
16.7
34.5
60.4
-4.7
-20.0
-51.8

NPA Coverage
Ratio (%)
43.2
70.0
51.0
58.6
64.0
52.1
36.5
45.0