State Bank of India (SBID.L) stock analysis

In our weekly check, State Bank of India is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 14 pass, warnings: 3, red flags: 7.

About State Bank of India

State Bank of India is a Financial Services company (Banks - Regional) based in India, listed on LSE as SBID.L.

What our checks show for SBID.L

Red flags

• The gross margin fell by 3.3 points, to 56.8%: costs are rising faster than prices.
• Operating cash flow is only 0.45x net profit: part of the reported profit does not arrive as cash.
• Analysts expect revenue to shrink about 85.2% a year.
• The stock has fallen as much as 77% from a peak. Would you have held through that?
• Thinly traded (about 7 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is only 1.4%.

Warning signs

• Analysts expect earnings per share to shrink about 79.2% a year.
• Free cash flow is only 4.3% of revenue.

Strengths

• The net margin rose by 3.2 points over 5 years, to 12.2%.
• Analysts expect the net margin to improve by 19.6 points from today's 12.2%.
• Earnings per share grew 14.4% a year over the last 3 years.
• Net profit grew 15.1% a year over the last 3 years.
• A large company: market value $94.52 billion.
• After its deepest fall the stock recovered in about 1 month.

Next earnings report: 2026-11-03

Similar companies

323410.KS · 7182.T · OTP.BD · 6178.T · BCI.SN · 024110.KS

Questions

What grade does State Bank of India (SBID.L) have?

In our weekly check, State Bank of India is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 14 pass, warnings: 3, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of SBID.L stock?

This week's biggest flags for State Bank of India: Gross margin falling, Profits not backed by cash, Weak revenue forecast. In total 10 of 24 checks show a warning or a red flag.

What does State Bank of India do?

State Bank of India is a Financial Services company (Banks - Regional) based in India, listed on LSE as SBID.L.

When does State Bank of India report earnings next?

The next earnings report is expected on 2026-11-03. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

Open the full analysis