QT PROJECT

ANALYSIS ON STATE BANK OF INDIA(SBI)

THE BANKER TO EVERY INDIAN!

SANJANA MALLIK (18202049)

SHASHI SHEKHAR RAY(1820205)
 INTRODUCTION

STATE BANK OF INDIA

• State Bank of India (SBI) is an Indian multinational, public sector banking and financial services
company.
• It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.
• The company is ranked 216th on the Fortune Global 500 list of the world's biggest corporations as
of 2017.
• It is the largest bank in India with a 23% market share in assets, besides a share of one-fourth of
the total loan and deposits market.
• The bank descends from the Bank of Calcutta, founded in 1806, via the Imperial Bank of India,
making it the oldest commercial bank in the Indian subcontinent.
• SBI provides a range of banking products through its network of branches in India and overseas,
including products aimed at non-resident Indians (NRIs). SBI has 16 regional hubs and 57 zonal
offices that are located at important cities throughout India.
HISTORICAL DATA (SHARE PRICES 2007)
Date Price Open High Low Vol. Change %

Dec-08 128.88 109 132.4 99.56 794.98M 18.39%

Nov-08 108.86 116.4 138 102.12 667.01M -1.90%

Oct-08 110.97 148.48 158.98 98.5 646.18M -24.17%

Sep-08 146.34 139 162 135.2 488.11M 4.25%

Aug-08 140.38 139.18 163.9 130.06 377.31M -0.95%

Jul-08 141.72 111.5 157.4 96.56 366.85M 27.49%

Jun-08 111.16 142.7 149.8 110.1 219.41M -23.07%

May-08 144.5 180 184 143.53 194.42M -18.58%

Apr-08 177.47 160.5 182.1 156.13 176.56M 10.90%

Mar-08 160.03 200.1 205.24 158.1 234.25M -24.21%

Feb-08 211.16 224.47 233.97 194.5 178.29M -2.57%

Jan-08 216.74 224.53 242.83 172.64 256.07M -3.11%

Highest: 242.83 Lowest: 96.56 Difference: 146.27 Average: 149.85 Change %: -42.39
250

SHARES 2008
200

150

100

50

0
Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08
Current Data(Share Price 2018)

Date Price Open High Low Vol. Change %

Oct-18 262.95 265.55 278.6 256.15 - -0.96%

Sep-18 265.5 312.5 312.5 253.4 478.02M -14.24%

Aug-18 309.6 294.5 326.4 288.35 621.55M 5.49%

Jul-18 293.5 258.95 302.4 250.45 401.09M 13.17%

Jun-18 259.35 269.25 289.65 255.7 370.27M -3.78%

May-18 269.55 245.9 274.8 237.85 493.10M 9.40%

Apr-18 246.4 251.8 265 232.5 387.13M -1.40%

Mar-18 249.9 266.3 270 232.35 491.06M -6.75%

Feb-18 268 316.9 317.4 256.65 506.36M -14.45%

Jan-18 313.25 310.6 332.75 292.6 467.23M 1.08%

Highest: 332.75 Lowest: 232.35 Difference: 100.40 Average: 273.80 Change %: -15.15
 SHARES 2018
350

300

250

200

150

100

50

0
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18
FINANCIAL STATEMENTS

PROFIT AND LOSS

Particulars Mar-18 Mar-17 Mar-16 Mar-15

12 months 12 months 12 months 12 months

INCOME

Interest / Discount on Advances / Bills 1,41,363.17 1,19,510.00 1,15,666.01 1,12,343.91

Income from Investments 70,337.62 48,205.31 42,303.98 37,087.77

Interest on Balance with RBI and Other Inter-Bank funds 2,250.00 1,753.47 621.07 505.12

Others 6,548.53 6,049.46 5,094.25 2,460.27

Total Interest Earned 2,20,499.32 1,75,518.24 1,63,685.31 1,52,397.07

Other Income 44,600.69 35,460.93 28,158.36 22,575.89

Total Income 2,65,100.00 2,10,979.17 1,91,843.67 1,74,972.97

EXPENDITURE

Interest Expended 1,45,645.60 1,13,658.50 1,06,803.49 97,381.82

Payments to and Provisions for Employees 33,178.68 26,489.28 25,113.82 23,537.07

Depreciation 2,919.47 2,293.31 1,700.30 1,116.49

Operating Expenses (excludes Employee Cost & Depreciation) 23,845.30 17,690.18 14,968.24 14,024.08

Total Operating Expenses 59,943.45 46,472.77 41,782.37 38,677.64

Provision Towards Income Tax 673.54 4,033.29 3,577.93 6,719.11

Provision Towards Deferred Tax -9,654.33 337.78 245.47 -477.56

Other Provisions and Contingencies 75,039.20 35,992.72 29,483.75 19,570.38

Total Provisions and Contingencies 66,058.41 40,363.79 33,307.15 25,811.93

Total Expenditure 2,71,647.46 2,00,495.07 1,81,893.01 1,61,871.39

Net Profit / Loss for The Year -6,547.45 10,484.10 9,950.65 13,101.57
 INCOME VS EXPENDITURE
300,000.00

250,000.00

200,000.00

150,000.00

100,000.00

50,000.00

0.00
1 2 3 4

Total Income Total Expenditure

BALANCE SHEET

Mar-18 Mar-17 Mar-16

12 months 12 months 12 months
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 892.46 797.35 776.28
Total Share Capital 892.46 797.35 776.28
Revaluation Reserve 24,847.99 31,585.65 0
Reserves and Surplus 1,93,388.12 1,55,903.06 1,43,498.16
Total Reserves and Surplus 2,18,236.10 1,87,488.71 1,43,498.16
Total ShareHolders Funds 2,19,128.56 1,88,286.06 1,44,274.44
Deposits 27,06,343.29 20,44,751.39 17,30,722.44
Borrowings 3,62,142.07 3,17,693.66 2,24,190.59

Other Liabilities and Provisions 1,67,138.08 1,55,235.19 1,59,875.57

Total Capital and Liabilities 34,54,752.00 27,05,966.30 22,59,063.03

ASSETS
Cash and Balances with Reserve Bank of
1,50,397.18 1,27,997.62 1,29,629.33
India
Balances with Banks Money at Call and Short
41,501.46 43,974.03 37,838.33
Notice
Investments 10,60,986.72 7,65,989.63 4,77,097.28
Advances 19,34,880.19 15,71,078.38 14,63,700.42
Fixed Assets 39,992.25 42,918.92 10,389.28
Other Assets 2,26,994.20 1,54,007.72 1,40,408.41
Total Assets 34,54,752.00 27,05,966.30 22,59,063.03
BALANCE SHEET(MARCH 2018)

Total Capital and Liabilities Total Assets

CASH FLOW STATEMENT

Mar-18 Mar-17 Mar-16

12 months 12 months 12 months

Net Profit/Loss Before Extraordinary

-15,528.24 14,855.16 13,774.06
Items And Tax
Net CashFlow From Operating
-85,425.25 11,060.32 11,196.55
Activities

Net Cash Used In Investing Activities 879.08 -3,148.45 -3,748.37

Net Cash Used From Financing

4,290.92 -1,780.27 4,505.88
Activities
Foreign Exchange Gains / Losses 1,00,182.24 -1,627.61 757.82
Net Inc/Dec In Cash And Cash
19,926.99 4,503.99 12,711.87
Equivalents
Cash And Cash Equivalents Begin of
1,71,971.65 1,67,467.66 1,54,755.78
Year
Cash And Cash Equivalents End Of
1,91,898.64 1,71,971.65 1,67,467.66
Year
 CASH FLOW
400,000.00

350,000.00

300,000.00

250,000.00

200,000.00

150,000.00

100,000.00

50,000.00

0.00
1 2 3

Cash And Cash Equivalents Begin of Year Cash And Cash Equivalents End Of Year
 YEARLY RESULTS
Interest Earned

(a) Int. /Disc. on Adv/Bills 1,44,958.59 1,56,790.48 1,57,001.75 1,53,144.59 1,41,382.60

(b) Income on Investment 75,036.62 64,201.37 56,462.19 51,002.02 44,855.68

(c) Int. on balances With RBI 2,410.75 2,591.57 1,112.24 1,159.94 1,144.71

(d) Others 6,564.32 6,864.07 6,056.56 2,667.79 1,679.44

Other Income 72,521.03 68,192.96 52,828.39 49,315.17 37,882.13
EXPENDITURE

Interest Expended 1,46,602.98 1,49,114.67 1,43,047.36 1,33,178.64 1,21,479.04

Employees Cost 35,410.62 35,691.21 32,525.60 31,117.61 29,868.36

Other Expenses 60,743.75 51,598.86 41,781.57 42,730.40 33,500.38
Depreciation -- -- -- -- --

Operating Profit before Provisions and contingencies 58,733.96 62,235.71 56,106.60 50,262.86 42,096.78

Provisions And Contingencies 76,015.08 61,290.88 37,929.82 24,408.29 20,771.24

Exceptional Items 5,036.21 -- -- -- --
P/L Before Tax -12,244.91 944.83 18,176.78 25,854.57 21,325.54
Tax -8,057.50 1,335.50 5,433.50 8,337.20 6,836.07

P/L After Tax from Ordinary Activities -4,187.41 -390.67 12,743.28 17,517.37 14,489.47

Prior Year Adjustments -- -- -- -- --

Extra Ordinary Items -- -- -- -- --

Net Profit/(Loss) For the Period -4,187.41 -390.67 12,743.28 17,517.37 14,489.47

Minority Interest -807.04 338.62 -794.51 -837.51 -633.43

Share Of P/L Of Associates 438.16 293.28 275.82 314.44 317.73

Net P/L After M.I & Associates -4,556.29 241.23 12,224.59 16,994.30 14,173.77

Equity Share Capital 892.46 797.35 776.28 746.57 746.57

Reserves Excluding Revaluation Reserves 2,04,581.50 1,80,800.92 1,78,442.05 1,60,640.97 1,46,623.96

 YEARLY RESULTS

-20,000.00 0.00 20,000.00 40,000.00 60,000.00 80,000.00 100,000.00 120,000.00 140,000.00 160,000.00

Equity Share Capital Net Profit/(Loss) For the Period Interest Expended Other Income
CONCLUSION
• State Bank of India shows nominal growth financially. 10 years back in
2008, the share price was approximately 217. Today, in October 2018,
the share is valued at 262.95.
• The profit & Loss account shows that SBI suffered loss of 6,547.45 in
the financial year 2017-18.
• Overall the financial position of SBI has suffered a momentary setback
due to demonetisation but the bank will soon be in a good position
once the market comes to its feet.