State Bank of India — PPTs, 08-08-2025: Investor Presentation

Here is the financial summary for Q1FY26:

**1. Financial Highlights:**

Q1FY26 Net Profit rose 12.48% YoY to ₹19,160 Cr, with Operating Profit up 15.49% to ₹30,544 Cr. Return on Assets (ROA) improved to 1.14%. Gross Advances grew 11.61% YoY to ₹42,50,000 Cr, and Deposits increased 11.66% YoY to ₹54,00,000 Cr. Asset quality significantly improved with Gross NPA at 1.83% and Net NPA at 0.47%. Capital Adequacy remains strong at 14.63%.

**2. Strategic Initiatives & Growth Drivers:**

Credit growth was robust across SME, Agri, and Retail Personal segments. Current Account balances surged over 30% YoY, bolstering the liability franchise. Digital adoption remains high with 98.6% transactions via alternate channels; YONO facilitates most new savings accounts. A ₹25,000 Cr QIP further strengthened capital.

**3. Business Developments:**

Non-interest income saw robust growth, driven by a double-digit rise in fee income and a substantial jump in forex income. Key subsidiaries like SBI Life and SBI Mutual Fund contributed positively. Digital loan disbursements reached ₹3,497 Cr.

**4. Market Position & Competitive Advantage:**

The bank maintains dominant domestic market share over 22%, leading in home and auto loans. Its extensive liability franchise, strong digital leadership, and improving asset quality reinforce its competitive edge.

**5. Investor Implications:**

Robust financial performance, improving asset quality, and enhanced capital position indicate positive growth potential. Digital acceleration and diversified business lines offer resilience. Net Interest Margin trends remain a key monitorable.