STATE BANK OF INDIA

STATE BANK OF INDIA

State Bank of India

Industry :Banks - Public Sector

Incorporation Year 1955

Chairman Rajnish Kumar
Managing Director Shri P. K. Gupta
Company Secretary -
Auditor B M Chatrath & Co/ Kalyaniwala & Mistry
State Bank Bhavan 8th Floor,
Registered Office Madame Cama Road Nariman Point,
Mumbai, 400021, Maharashtra
Telephone 91-22-22883888/22022678
 Fax 91-22-22855348
E-mail [email protected]
Website http://www.sbi.co.in
Face Value (Rs) 10
BSE Code 500112
BSE Group A
NSE Code SBIN
Bloomberg SBIN IN
Reuters SBI.BO
ISIN Demat INE062A01012
Market Lot 1
Ahmedabad,Chennai,Delhi,Kolkata,London,Mumbai,
Listing
NSE
Financial Year End 03
Book Closure Month May
AGM Month Jun
Datamatics Financial Services, PlotNo-A-16-17 PartB, Cross
Lane MIDC, Marol Andheri (East), Mumbai - 400 093.
Registrar's Name & Address
91-22-28213383/90/66
91-22-28369408

BALANCE SHEET FOR THE YEAR ENDING ON MARCH 2015-2018

2015 2016 2017 2017 2018

CAPITAL AND LIABILITIES
Total share capital 526.30 631.47 634.88 634.88 635.00
Equity share capital 526.30 631.47 634.88 634.88 635.00
Share application money 0.00 0.00 0.00 0.00 0.00
Preference share capital 0.00 0.00 0.00 0.00 0.00
Reserves 30772.26 48401.09 57312.82 65314.32 64351.04
Revaluation reserves 0.00 0.00 0.00 0.00 0.00
Net worth 31298.56 49032.66 57947.70 65949.20 64986.04
Deposits 435521.09 537403.94 742073.13 804116.23 933932.81
Borrowings 39703.34 51727.41 53713.68 103011.60 119568.96
Total debt 475224.43 589131.35 795786.81 907127.83 1053501.77
Other liabilities and provisions 60042.26 83362.30 110697.57 80336.70 105248.39
Total liabilities 566565.25 721526.31 964432.08 1053413.7 1223736.20
3

2015 2016 2017 2017 2018

ASSETS
Cash and balances with RBI 29,076.43 51534.62 55546.17 61290.87 94395.50
Balance with banks, money at call
22892.27 15931.72 48857.63 34892.98 28478.65
Advances 337336.49 416768.20 542503.20 631914.15 756719.45
Investments 149148.88 189501.27 275953.96 285790.07 295600.57
Gross block 13189.28 11831.63 10403.03 11831.63 13189.28
Accumulated depreciation 8757.33 7713.90 6828.65 7713.90 8757.33
Fixed Assets 4431.95 4117.73 3574.41 4117.73 4431.95
Capital work in progress 332.23 295.18 263.44 295.18 332.23
Other assets 43777.85 35112.76 37733.27 35112.76 43777.85
Total assets 1053413.7
566565.25 721526.31 964432.08 1223736.20
4
Contingent liabilities 585294.50 429917.37 614603.47 429917.37 585294.50
Bills for collection 205092.29 166449.04 152964.06 166449.04 205092.29
Book value 1023.40 1038.76 912.73 1038.76 1023.40
EPS 86.29 106.56 143.67 144.37 116.07

 Net block= gross block – depreciation Net block = fixed assets

PROFIT AND LOSS ACCOUNT OF STATE BANK OF INDIA

FOR THE ENDING ON MARCH 2015-2018

2015 2016 2017 2017 2018

Income:
Interest earned 39491.03 48950.31 63788.43 70993.92 81394.36
Other income 7446.76 9398.43 12691.35 14968.15 14935.09

Total income 46937.79 58348.74 76479.78 85962.07 96329.45

Expenditure:
Interest expended 23436.82 31929.08 42915.29 47322.48 48867.96
Operating expenses 13251.78 14609.55 18123.66 24941.01 31430.88
Total expenses 42396.48 51619.62 67358.55 76796.02 88959.12
Other provision and contingencies 5707.88 5080.99 6319.60 4532.53 8660.28
Net profit 4541.31 6729.12 9121.23 9166.05 7370.37
Extraordinary items 0.00 0.00 0.00 0.00 0.00
Profit B/F 0.34 0.34 0.34 0.34 0.34
Total 4541.65 6729.46 9121.57 9166.39 7370.69
Preference dividend 0.00 0.00 0.00 0.00 0.00
Equity dividend 736.82 1357.66 1841.15 1904.65 1905.00
Corporate dividend tax 125.22 165.87 248.03 236.76 246.52
Per share data:
EPS 86.29 106.56 143.67 144.37 116.07
Equity dividend (%) 140.00 215.00 290.00 300.00 300.00
Book value 594.69 776.48 912.73 1038.76 1023.40
Appropriations
Transfer to statutory reserve 3682.15 5205.69 6725.15 6495.14 2488.96
Transfer to other reserve -2.88 -0.10 306.90 529.50 2729.87
Proposed dividend/ transfer to govt. 862.04 1523.53 2089.18 2141.41 2151.52
Balance C/F to balance sheet 0.34 0.34 0.34 0.34 0.34
Total 4514.65 6729.46 9121.57 9166.39 7370.69
SUSTAINABLE EARNINGS OF STATE BANK OF INDIA:

201803 201703 201703 201603 201503

(12) (12) (12) (12) (12)
INCOME :

Total 97218.96 85962.07 76482.74 58437.42 44671.37

II. Expenditure

Total 88954.44 76796.02 67361.51 51708.3 40130.06

Fringe Benefit tax 0 0 142 105 88.5

Deferred Tax 976.82 -1407.75 -1055.1 -219.43 -19.83
Reported Net Profit 8264.52 9166.05 9121.23 6729.12 4541.31
Extraordinary Items -10.23 -5.83 -1.71 7 4.52
Adjusted Net Profit 8274.75 9171.88 9122.94 6722.12 4536.79

average of adjusted Net Profit 2017,2017 and

2018
8856.5233
3

rounding
off 8857

Standard deviation : 504.33

Rounding off 504

CRAR%

20180 20170 20170

3 3 3
CRAR(%)
20180 20170 20170
Year End 3 3 3
 CRAR - Tier I (%) 7.77 9.45 9.38
CRAR - Tier II (%) 4.21 3.94 4.87
Total CRAR (%) 11.98 13.39 14.25

Total
CRAR
(%)
2016 14.25
year 2017 13.39
2018 11.98

14.5 14.25

14

13.5 13.39

13
Total CRAR (%)
12.5
11.98
12

11.5

11 2016 2017 2018

10.5

RATIO ANALYSIS:
CURRENT RATIO:

An indication of a company's ability to meet short-term debt obligations; the

higher the ratio, the more liquid the company is. Current ratio is equal to current assets

divided by current liabilities. If the current assets of a company are more than twice the

current liabilities, then that company is generally considered to have good short-term
financial strength. If current liabilities exceed current assets, then the company may have
problems meeting its short-term obligations.

CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITY

current ratio

year 2015-2018
year Ratio
2015 0.05
2016 0.07
2017 0.04
2018 0.04
2019 0.04

2015 2016 2017 2018 2019

LIQUID RATIO:

Liquid ratio is also known as ‘Quick’ or ‘Acid Test ‘Ratio. Liquid assets refer to

assets which are quickly convertible into cash. Current Assets other stock and prepaid expenses

are considered as quick assets.

 Quick Ratio = Total Quick Assets

Total Current Liabilities

Quick Assets = Total Current Assets – Inventory

Year Ratio
2015 6.52
2016 6.15
2017 5.74
2018 9.07
2019 8.50

quick ratio
10
9.07
9 8.5
8
7 6.52
6.15
6 5.74
quick ratio
5
4
3
2
1
0
1 2 3 4 5

EARNING PER SHARE:

In order to avoid confusion on account of the varied meanings of the term capital

employed, the overall profitability can also be judged by calculating earning per share with the
help of the following formula:

Earning Per Equity Share = Net Profit after Tax –Preference Dividend
 No. of Equity shares

The earning per share of the company helps in determining the market price of the equity shares
of the company. A comparison of earning per share of the company with another will also help in
deciding whether the equity share capital is being effectively used or not. It also helps in
estimating the company’s capacity to pay dividend to its equity shareholders.

Year Ratio

2015 86.29

2016 106.56

2017 143.67

2018 144.37

2019 116.07

Ratio
160
143.67 144.37
140
120 116.07
106.56
100 86.29 Ratio
80
60
40
20
0
1 2 3 4 5

DIVIDEND PER SHARE :

It is expressed by dividing dividend paid to equity shareholders by no. of equity shares.

this shows the per share dividend given to equity shareholders. It is very helpful for potential
investors to know the dividend paying capacity of the company. It affects the market value of the
company.

Dividend Per Share = Dividend Paid To Equity Shareholders

No. Of Equity Shares

dividen
d per
share

2015 14
year 2016 21.5
2017 29
2018 30
2019 30

35

30 30
30 29

25
21.5
20
dividend per share
15 14

10

NET PROFIT RATIO:

This ratio indicates the Net margin on a sale of Rs.100. It is calculated as follows:
Net Profit Ratio = Net Profit X 100

Net Sales

This ratio helps in determining the efficiency with which affairs of the business are being
managed. An increase in the ratio over the previous period indicates improvement in the
operational efficiency of the business. The ratio is thus on effective measure to check the
profitability of business.

net
profit
ratio

2015 10.12
year 2016 11.65
2017 12.03
2018 10.54
2019 8.55

14
12.03
12 11.65
10.54
10.12
10
8.55
8
net profit ratio
6

RETURN ON NET WORTH:

It measures the profitability of the business in view of the shareholders. It judges the earning
capacity of the company and the adequacy of return on proprietor’s funds. Shareholders and
potential investors are interested in this ratio. It is calculated as below:
Return On Net Worth = Net Profit After Interest And Tax x 100

Shareholder’s Funds

return on
shareholder'
s

2015 14.5
year 2016 13.72
2017 15.74
2018 13.89
2019 12.71

18
15.74
16
14.5
13.72 13.89
14
12.71
12

10
return on shareholder's
8

DEBT- EQUITY RATIO:

The Debt-Equity ratio is calculated to find out the long-term financial position of the firm. This
ratio indicates the relationship between long-term debts and shareholder’s funds. The soundness
of long-term financial policies of a firm can be determined with the help of this ratio. It helps to
assess the soundness of long-term financial policies of a business. It also helps to determine the
relative stakes of outsiders and shareholders. Long-term creditors can assess the security of their
funds in a business. It indicates to what extent a firm depends upon lenders to meet its long-term
financial requirements. A low Debt-Equity ratio is considered better from the point of view of
creditors.

Total
Debt to
Owners
Fund

2015 13.92
year 2016 10.96
2017 12.81
2018 12.19
2019 14.37

Total Debt to Owners Fund

16
13.92 14.37
14 12.81
12.19
12 10.96
10 Total Debt to Owners Fund
8

FIXED ASSETS TURNOVER RATIO:

It is also called as Sales to Fixed Assets Ratio. It measures the efficient use of fixed assets. This
ratio is a measure of efficient use of fixed assets. it is calculated as:

Fixed Assets Turnover Ratio = Cost of goods sold or Sales

Net Fixed Assets

It measures the efficiency and profit earning capacity of the business. Higher the ratio, greater is
the intensive utilization of fixed assets and a lower ratio shows under utilization of the fixed
assets. This ratio has a special importance for manufacturing concerns where investment in fixed
assets, is very high and the profitability is significantly dependent on the utilization of these
assets.

assets
turnove
r ratio

2015 5.44
year 2016 6.32
2017 7.2
2018 7.26
2019 7.24

8
7.2 7.26 7.24
7
6.32
6
5.44
5

4 assets turnover ratio

CREDIT-DEPOSIT RATIO:

This ratio is very important to assess the credit performance of the bank. The ratio shows the
relationship between the amount of deposit generated by the bank as well as their deployment
towards disbursement of loan and advances. Higher credit deposit ratio shows overall good
efficiency and performance of any banking institution.

Credits
Credit Deposit Ratio= ×100
Deposits

Credit means disbursement of advances

Deposit mean sum of fixed deposit,

Saving deposit and current deposit.

credit
deposit
ratio

2015 73.44
year 2016 77.51
2017 74.97
2018 75.96
2019 79.9

82

79.9
80

78 77.51

75.96
76 credit deposit ratio
74.97

74 73.44

72

70

CASH DEPOSIT RATIO :

cash
deposit
ratio
 2015 6.22
YEAR 2016 8.29
2017 8.37
2018 7.56
2019 8.96

10
8.96
9 8.37
8.29
8 7.56
7
6.22
6
5 cash deposit ratio
4
3
2
1
0

CAPITAL TURNOVER RATIO :

Income / capital employed

CAPITAL
TURNOVE
R RATIO

2015 8.46
YEAR 2016 8.96
2017 8.99
2018 8.62
2019 8.48
 9.1
8.99
9 8.96
8.9
8.8
8.7
8.62
8.6 CAPITAL TURNOVER RATIO
8.5 8.46 8.48

8.4
8.3
8.2
8.1

Total assets turnover ratio:

total
assets
turnove
r ratio

2015 0.08
year 2016 0.09
2017 0.09
2018 0.09
2019 0.08
 0.09
0.09 0.09 0.09
0.09

0.09

0.09

0.08
total assets turnover ratio
0.08
0.08 0.08
0.08

0.08

0.08

0.07

PRICE- EARNING RATIO:

Price earning ratio = market price per share/ earning per share

Price
Earnin
g (P/E)

2015 11.83
Year 2016 15.38
2017 7.63
2018 14.78
2019 21.92
 25
21.92

20

15.38 14.78
15
11.83 Price Earning (P/E)
10
7.63

Price to Book Value:

Market Value of Security/ book value of shares

Price to
Book Value (
P/BV)

2015 1.67
year 2016 2.06
2017 1.17
2017 2
2018 2.7
 3
2.7

2.5

2.06 2
2
1.67
1.5 Price to Book Value ( P/BV)
1.17
1

0.5

Enterprise Value / EBIDTA

EV/EBIDT
A

2015 15.64
year 2016 14.46
2017 13.64
2017 15.33
2018 17.07

EV/EBIDTA
18 17.07
16 15.64 15.33
14.46
14 13.64

12
EV/EBIDTA
10
8
6
4
2
0