Search Inside the pdf :

State Bank of India

20 May 2023 Dividend

586.00

0.82%

Healthy credit growth in Q4

Buy: State Bank of India

KRChoksey

Healthy credit growth has been majorly led by retail & SME segments; deposit growth for the bank continues to be in single digits.

Comment

State Bank of India is trading above all available SMAs

State Bank of India

19 May 2023 Dividend

586.00

0.82%

HSIE Results Daily: ITC, State Bank of India, Berger Paints, Tata Elxsi, Thermax, Endurance Technologies, V-MART Retail, PSP Projects

Buy: State Bank of India

Target

HDFC Securities

V-MART Retail: V-MART reported 29.5% growth YoY (INR 5.94 bn vs HSIE: INR 5.3bn). Organic business (ex-Unlimited/Limeroad acquisition) grew at 9% CAGR (4-year) in Q4FY23 (INR4.94bn 3-year CAGR: 8% HSIE: INR 4bn). Note: Unit economics remains weak but is improving at the margin (footfall density stood at 91% of pre-pandemic times). Profitability was weaker than expected (3.9% vs HSIE: 5.7%) due to a 5% price cut across the portfolio and an inferior product mix. Note: FY23 has a one-time expense towards Limeroad (INR120mn). We've marginally cut our FY24/25 EBITDA estimates to account for higher Limeroad expenses. Consequently, our TP is revised downwards to INR2,450/sh (earlier: INR2,500/sh implying 23x Jun-25 EV/EBITDA). Maintain BUY. PSP Projects: PSP Projects (PSP) reported yet another weak quarter, with revenue/EBITDA/APAT at INR 7.3/0.7/0.4bn, missing our estimates at all levels. PSP continues to disappoint with a slower-than-expected execution ramp-up in H2FY23. In FY23, it was awarded the highest-ever orders worth INR 32.2bn (excluding GST). FYTD24 order inflow (OI) stands at INR 7.6bn. With the Bhiwandi and Pandharpur projects being excluded from the OB, its entire OB of INR 50.5bn (~2.6x FY23 revenue) is under execution. The current bid pipeline stands at INR 60bn, of which 20% of orders are from Gujarat and 67% are private. The standalone gross/net debt stood at INR 1.5/0.5bn as of Mar'23. The revenue guidance for FY24 stands at INR 26bn, with a margin of 11-13% and an OI of ~INR 30bn. Given a robust OB and likely higher execution in H1FY24, we maintain our FY24/25 EPS estimates and...

Comment

State Bank of India is trading above all available SMAs

State Bank of India

19 May 2023 Dividend

586.00

0.82%

Result Update:St Bk of India

Buy: State Bank of India

Target

Axis Direct

Company Outlook & Guidance: Aided by healthy growth, stable margins, improving fee income profile and muted credit costs on the back of lower slippages and healthy recoveries, we expect SBI to continue delivering healthy RoA/RoE of 1%/15-17% over the medium-term.

Comment

State Bank of India is trading above all available SMAs

State Bank of India

19 May 2023 Dividend

586.00

0.82%

Yet another strong quarter

Buy: State Bank of India

Target

ICICI Securities Limited

Despite sharp QoQ rise in opex, State Bank of India (SBI) once again reported a strong quarter with Q4FY23 PAT at Rs166.9bn and annualised RoA at 1.23%, driven by strong business growth, NIM uptick, strong ‘other income’ and contained credit costs. Both loan and deposit growth was strong (and better than expected) at ~4.6-5.0% QoQ while net slippages turned negative.

Comment

KRChoksey released a Buy report for State Bank of India with a price target of 750.0 on 20 May, 2023.

State Bank of India

19 May 2023 Dividend

586.00

0.82%

State Bank Of India (BUY): Sustaining growth and profitability

Buy: State Bank of India

Target

BOB Capital Markets Ltd.

Lower provisioning supported robust 83% YoY PAT growth in Q4, though PPOP declined sequentially on higher opex

Comment

State Bank of India is trading above all available SMAs

State Bank of India

19 May 2023 Dividend

586.00

0.82%

STATE BANK OF INDIA

Buy: State Bank of India

Target

Prabhudas Lilladhar

Comment

State Bank of India is trading above all available SMAs

State Bank of India

19 May 2023 Dividend

586.00

0.82%

State Bank of India

Results Update: State Bank of India

SMC online

Comment

KRChoksey released a Buy report for State Bank of India with a price target of 750.0 on 20 May, 2023.

State Bank of India

19 May 2023 Dividend

586.00

0.82%

State Bank of India

Buy: State Bank of India

Target

ICICI Direct

Comment

State Bank of India has an average target of 716.09 from 12 brokers.

State Bank of India

18 May 2023 Dividend

586.00

0.82%

Earnings surpass the INR500b milestone; outlook positive

Buy: State Bank of India

Target

Motilal Oswal

Comment

KRChoksey released a Buy report for State Bank of India with a price target of 750.0 on 20 May, 2023.

State Bank of India

22 Mar 2023 Dividend

586.00

0.82%

SBI

Buy: State Bank of India

Sharekhan

Comment

KRChoksey released a Buy report for State Bank of India with a price target of 750.0 on 20 May, 2023.

Now Trending

PTC India Ltd.: PTC India logs 8% decline in FY23 net profit at 507.15 crore
livemint| 3 updates

Market Watch +

View all Indices

View all Sectoral Indices

Superstar Portfolios +

Individuals
Institutions

Name	Companies Held
Hitesh Ramji Javeri and As...	50
Mahendra Girdharilal	50
Mukul Agrawal	50
Mukul Mahavir Prasad Agrawal	50
Sangeetha S	50

View all

Name	Companies Held
Birla Sun Life Trustee Com...	50
Government Of Singapore	50
Government Pension Fund Gl...	50
Hdfc Trustee Company Limited	50
Icici Prudential Life Insu...	50

View all

See how Results season is
panning out

Go to Latest Results Dashboard

1167

Positive Results

997

Negative results

Neutral results

12.1%

Total Revenue Growth

16.4%

Total EBIDT growth

13.1%

Total Oper. Profit growth

BEST EQUITY MUTUAL FUNDS +

Name	Returns(%)
Name	Week	Month	Year
Nippon India Large Cap - Reg - G	1.31%	5.50%	24.53%
Sundaram Sel Focus - Reg - G	-0.01%	-2.60%	24.49%
JM Flexicap Fund - Reg - G	2.14%	5.69%	22.90%
Nippon India Quant - Reg - G	1.48%	4.23%	21.35%
JM Focused - Reg - G	1.92%	6.01%	20.13%

View all Large Cap funds

Name	Returns(%)
Name	Week	Month	Year
Motilal Oswal Midcap 30 - Reg - G	4.06%	10.13%	32.18%
Franklin India Smaller Companies - Reg - G	0.69%	5.95%	31.99%
Nippon India Small Cap - Reg - G	1.34%	6.48%	31.41%
HDFC Mid-Cap Opportunities - Reg - G	1.83%	6.44%	29.23%
HSBC Small Cap Fund - Reg - G	0.45%	5.33%	26.93%

View all Small & Mid Cap funds

Name	Returns(%)
Name	Week	Month	Year
SBI Equity Opportunities Series IV - Reg - G	0.04%	4.61%	66.00%
Principal Emerging Bluechip - Reg - G	2.55%	2.89%	38.89%
Sundaram Value Fund Series III Regular Growth	0.00%	0.00%	38.76%
HDFC Small Cap Fund - Reg - G	1.29%	7.25%	35.61%
Franklin India Opportunities Fund - Reg - G	1.14%	7.06%	30.06%