SBIFUNDS

SBIFUNDS share price & financials

Price: ₹540.95
Market cap: ₹1.1L Cr
Sector: Financial Services
Calls analysed: 1

Open SBIFUNDS in Inve Case →

Latest concall · Q1 FY27 · call held 03 Aug 2026

SBIFUNDS Q1 FY27

Operating Revenue ₹1,149 cr +15%Profit After Tax ₹873 cr

What went well

Mutual fund QAAUM grew 11% YoY to ₹12.6 trillion, with market share at 15.1%.
Operating revenue increased 15% YoY to ₹1,149 crores, and operating profit grew 17% to ₹907 crores.
Profit after tax saw a significant 37% QoQ growth, reaching ₹873 crores.

What to watch

Debt assets moderated due to institutional redemption patterns and tight short-term liquidity.
Monthly SIP flows were slightly flattish from March to June due to market volatility and geopolitical conditions.

Read the full call →

Guidance record · Q1 FY27

updates from the last two tracked quarters 5 tracked 0 delivered 0 missed 5 open

Alternate Business Growth open said Q1 FY27 Promised: We have huge ambition plans to grow this particular business. We have started hiring resources now. Q1 FY27: AIF assets grew 29% YoY to ₹6,800 crores. Management expressed 'huge ambition plans' for the alternate business and has begun hiring to support growth.

All 5 tracked — see the targets, revisions and supporting evidence.

Open the guidance ledger

Quarterly results

₹ Cr · quarterly

Line item	Q1 FY26	Q4 FY26	Q1 FY27
Revenue	1,001	1,139	1,153
Expenses	214	221	230
EBITDA	787	918	923
Margin	79%	81%	80%
Other income	331	-43	242
Interest	2	2	2
Depreciation	11	12	12
Profit before tax	1,106	861	1,151
Tax rate	23%	26%	24%
Net profit	849	634	880
EPS	4.18	3.11	4.32

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −11.3% YTD

YTD: ₹609.75 on 21 Jul 2026 → ₹540.95. High ₹609.75 (21 Jul 2026), low ₹530.1 (16 Sept 2026).

How the price took the results

close before → close after

Q1 FY27: −0.2%; 3 Aug

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Valuation and ratios

Current values use the same calculations as the financial screener. Compare FY and TTM where available. Each ratio shows its reporting period.

Return on capital employed: —; TTM · period unavailable; How it is calculated

Adjusted EBIT ÷ average capital employed, including minority equity and deposits.; 56.50%; FY ending Mar 2026; How it is calculated

Adjusted EBIT ÷ average capital employed, including minority equity and deposits.
Return on equity: —; TTM · period unavailable; How it is calculated

Adjusted profit attributable to owners ÷ average owners’ equity.; 43.01%; FY ending Mar 2026; How it is calculated

Adjusted profit attributable to owners ÷ average owners’ equity.
Return on assets: —; TTM · period unavailable; How it is calculated

Total profit excluding exceptional items after tax ÷ average total assets.; 40.38%; FY ending Mar 2026; How it is calculated

Total profit excluding exceptional items after tax ÷ average total assets.
Operating margin (EBITDA): —; TTM · period unavailable; How it is calculated

Operating profit ÷ revenue.; 81.54%; FY ending Mar 2026; How it is calculated

Operating profit ÷ revenue.
Net margin: —; TTM · period unavailable; How it is calculated

Total profit excluding exceptional items after tax ÷ revenue.; 61.66%; FY ending Mar 2026; How it is calculated

Total profit excluding exceptional items after tax ÷ revenue.
Free cash flow margin: 49.46%; FY ending Mar 2026; How it is calculated

(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Cash conversion (CFO/PAT): 81.12%; FY ending Mar 2026; How it is calculated

Operating cash flow ÷ reported total net profit.
Capex intensity: 0.56%; FY ending Mar 2026; How it is calculated

Fixed-asset purchases ÷ revenue.
Revenue growth (YoY): —; TTM · period unavailable; How it is calculated

Revenue change against the same period one year earlier.; 17.45%; FY ending Mar 2026; How it is calculated

Revenue change against the same period one year earlier.
PAT growth (YoY): —; TTM · period unavailable; How it is calculated

Adjusted profit attributable to owners vs the same period one year earlier.; 20.75%; FY ending Mar 2026; How it is calculated

Adjusted profit attributable to owners vs the same period one year earlier.
EBITDA growth (YoY): —; TTM · period unavailable; How it is calculated

Operating profit vs the same period one year earlier.; 18.91%; FY ending Mar 2026; How it is calculated

Operating profit vs the same period one year earlier.
Debt to equity: 0.00×; FY ending Mar 2026; How it is calculated

Borrowings ÷ owners’ equity.
Interest coverage: —; TTM · period unavailable; How it is calculated

Adjusted EBIT ÷ interest expense.; 447.66×; FY ending Mar 2026; How it is calculated

Adjusted EBIT ÷ interest expense.
Asset turnover: —; TTM · period unavailable; How it is calculated

Revenue ÷ average total assets.; 0.65×; FY ending Mar 2026; How it is calculated

Revenue ÷ average total assets.
Net debt: ₹-108.00 Cr; FY ending Mar 2026; How it is calculated

Borrowings less cash equivalents.
Net debt / EBITDA: —; TTM · period unavailable; How it is calculated

(Borrowings − cash equivalents) ÷ adjusted EBITDA.; -0.03×; FY ending Mar 2026; How it is calculated

(Borrowings − cash equivalents) ÷ adjusted EBITDA.
Financial leverage (average assets/equity): 1.27×; FY ending Mar 2026; How it is calculated

Average total assets ÷ closing owners’ equity.
Net interest income: —; TTM · period unavailable; How it is calculated

Interest earned less interest expense.; —; FY ending Mar 2026; How it is calculated

Interest earned less interest expense.
Deposit growth: —; FY ending Mar 2026; How it is calculated

Deposits vs the same period one year earlier.
Price to earnings: —; TTM · period unavailable; How it is calculated

Current market cap ÷ adjusted profit attributable to owners for the selected income period. Uses current market cap, not the share price at the period end.; 36.35×; FY ending Mar 2026; How it is calculated

Current market cap ÷ adjusted profit attributable to owners for the selected income period. Uses current market cap, not the share price at the period end.
Price to book: —; TTM · period unavailable; How it is calculated

Market cap ÷ owners’ equity from the balance sheet selected for the TTM inputs. Uses current market cap, not the share price at the period end.
EV / EBITDA: —; TTM · period unavailable; How it is calculated

(Market cap + borrowings + deposits − cash equivalents) ÷ adjusted EBITDA. Uses current market cap, not the share price at the period end.; 27.35×; FY ending Mar 2026; How it is calculated

(Market cap + borrowings + deposits − cash equivalents) ÷ adjusted EBITDA. Uses current market cap, not the share price at the period end.
Earnings yield: —; TTM · period unavailable; How it is calculated

Adjusted EBIT ÷ enterprise value. Uses current market cap, not the share price at the period end.; 3.62%; FY ending Mar 2026; How it is calculated

Adjusted EBIT ÷ enterprise value. Uses current market cap, not the share price at the period end.
Debtor days: 6.00 days; FY ending Mar 2026; How it is calculated

Reported receivable days from the annual accounts.
Inventory days: —; FY ending Mar 2026; How it is calculated

Reported inventory days, using material cost / cost of goods sold.
Days payable: —; FY ending Mar 2026; How it is calculated

Reported payable days, using material cost / cost of goods sold.
Cash conversion cycle: 6.00 days; FY ending Mar 2026; How it is calculated

Reported debtor days plus inventory days less payable days.
Working capital days: -10.00 days; FY ending Mar 2026; How it is calculated

Reported net working capital days from the annual accounts.
Dividend payout: 0.00%; FY ending Mar 2026; How it is calculated

Reported dividend payout as a percentage of annual profit.
Market cap: ₹1,11,486.00 Cr; Current market cap; How it is calculated

Market capitalisation from the current stock record.

A dash means inputs are missing or too old, the ratio does not apply, or the value is outside our supported range. FY uses the reported fiscal period; TTM uses the latest twelve months. Valuations use current market cap with the selected earnings period.

Screen Indian stocks using these ratios →

Annual ratio history

Period ending	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Return on capital employed	49.35%	46.36%	42.87%	46.85%	45.03%	56.50%
Return on equity	37.79%	35.11%	32.15%	36.06%	33.76%	43.01%
Return on assets	34.56%	32.63%	30.52%	34.29%	31.99%	40.38%
Operating margin (EBITDA)	72.45%	73.10%	74.93%	79.32%	80.54%	81.54%
Net margin	53.30%	54.51%	55.72%	60.54%	59.98%	61.66%
Free cash flow margin	44.16%	50.23%	49.36%	41.68%	44.20%	49.46%
Cash conversion (CFO/PAT)	83.20%	93.16%	89.48%	69.37%	78.43%	81.12%
Capex intensity	0.19%	0.55%	0.50%	0.32%	2.83%	0.56%
Revenue growth (YoY)	22.93%	22.61%	21.16%	42.37%	23.69%	17.45%
PAT growth (YoY)	42.41%	25.38%	23.84%	54.70%	22.53%	20.75%
EBITDA growth (YoY)	42.01%	23.70%	24.19%	50.72%	25.59%	18.91%
Debt to equity	0.03×	0.00×	0.00×	0.00×	0.00×	0.00×
Interest coverage	285.75×	360.99×	357.38×	336.73×	376.44×	447.66×
Asset turnover	0.65×	0.60×	0.55×	0.57×	0.53×	0.65×
Net debt	₹-21.00 Cr	₹-33.00 Cr	₹-31.00 Cr	₹-58.00 Cr	₹-92.00 Cr	₹-108.00 Cr
Net debt / EBITDA	-0.02×	-0.02×	-0.02×	-0.02×	-0.03×	-0.03×
Financial leverage (average assets/equity)	0.97×	0.92×	0.92×	0.90×	0.96×	1.27×
Net interest income	—	—	—	—	—	—
Deposit growth	—	—	—	—	—	—
Debtor days	9.00 days	9.00 days	9.00 days	11.00 days	11.00 days	6.00 days
Inventory days	—	—	—	—	—	—
Days payable	—	—	—	—	—	—
Cash conversion cycle	9.00 days	9.00 days	9.00 days	11.00 days	11.00 days	6.00 days
Working capital days	-13.00 days	-11.00 days	-17.00 days	-15.00 days	-13.00 days	-10.00 days
Dividend payout	17.00%	14.00%	13.00%	10.00%	0.00%	0.00%

The same formulas applied to each reported year. Periods longer or shorter than twelve months are labelled and are not annualised. Current prices are not used for historical valuations.

Balance sheet

Year ending	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	₹50 Cr	₹50 Cr	₹50 Cr	₹51 Cr	₹51 Cr	₹204 Cr
Reserves	₹2.5k Cr	₹3.5k Cr	₹4.7k Cr	₹6.7k Cr	₹8.2k Cr	₹5.7k Cr
Borrowings	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Other liabilities	₹253 Cr	₹210 Cr	₹231 Cr	₹356 Cr	₹470 Cr	₹455 Cr
Total liabilities	₹2.8k Cr	₹3.8k Cr	₹5.0k Cr	₹7.1k Cr	₹8.8k Cr	₹6.4k Cr
Fixed assets	₹224 Cr	₹223 Cr	₹231 Cr	₹257 Cr	₹269 Cr	₹390 Cr
Capital work in progress	₹0 Cr	₹3 Cr	₹2 Cr	₹0 Cr	₹110 Cr	₹0 Cr
Investments	₹2.4k Cr	₹3.4k Cr	₹4.6k Cr	₹6.6k Cr	₹8.1k Cr	₹5.7k Cr
Other assets	₹198 Cr	₹172 Cr	₹181 Cr	₹247 Cr	₹291 Cr	₹306 Cr
Total assets	₹2.8k Cr	₹3.8k Cr	₹5.0k Cr	₹7.1k Cr	₹8.8k Cr	₹6.4k Cr

How to read this

As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jul 2026

Promoters: 88.2%
FIIs: 1.4%
DIIs: 3.0%
Public: 7.4%

Who was buying across the market this quarter →

Who is on the register

Named in the Jul 2026 filing

Every holder of SBIFUNDS above SEBI's 1% disclosure line.

Holder	Stake
State Bank Of India Bank	55.56%
Amundi India Holding	32.63%
SBICAP Securities Limited	0.00%
SBICAP Trustee Company Limited	0.00%
SBI General Insurance Company Limited Insurer	0.00%
SBI Capital Markets Limited	0.00%
SBI-SG Global Securities Services Private Limited	0.00%
State Bank of India (UK) Limited	0.00%
Uttarakhand Gramin Bank	0.00%
State Bank of India (California)	0.00%
SBI Canada Bank	0.00%
SBI (Mauritius) Limited	0.00%

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in SBIFUNDS

Filings to Aug 2026

5 new, 0 added, 0 trimmed, 0 sold out — net +121.48 L shares (+774.8%).

Held by funds: ₹806 Cr; 7 schemes
Biggest holder: HDFC Flexi Cap Fund; ₹384 Cr · 0.3% of that fund

Scheme	Holding	Last month	Held since
HDFC Flexi Cap Fund HDFC Mutual Fund	₹384 Cr	new	Jul '26
HDFC Large Cap Fund HDFC Mutual Fund	₹274 Cr	new	Jul '26
Nippon India Large Cap Fund Nippon India Mutual Fund	₹54 Cr	held	Jul '26
Nippon India Multi Asset Allocation Fund Nippon India Mutual Fund	₹36 Cr	held	Jul '26
HDFC Balanced Advantage Fund HDFC Mutual Fund	₹36 Cr	new	Jul '26
HDFC Multi Cap Fund HDFC Mutual Fund	₹12 Cr	new	Jul '26
HDFC ELSS Tax saver HDFC Mutual Fund	₹9 Cr	new	Jul '26

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

0 added, 0 trimmed — net +1.21 cr shares (+774.8%)

Funds are sitting on: -8%; vs est. average cost
Held by funds: ₹806 Cr; 7 schemes · ≈ 0.67% of the company
Biggest holder: HDFC Flexi Cap Fund; ₹384 Cr · 0.3% of that fund
Longest holder: Nippon India Large Cap Fund; 2 mo · since Jul '26

Learn to analyse SBIFUNDS

Guides on how to read this kind of business and the numbers that matter.