As per the latest publicly available (standalone) balance sheet of State Bank of India (SBI):

1. Physical assets on the books (approximate)

- The accounting line that best represents SBI’s physical assets is “Fixed Assets / Property, Plant and Equipment” (land, buildings, branches, offices, ATMs, equipment, etc.).

- For the year ended 31 March 2025, SBI’s standalone balance sheet shows:

- Fixed Assets (Property, Plant & Equipment): ~₹43,685 crore. (capitalmarket.com)

- Consolidated numbers and other data providers show a very similar level (roughly ₹43,000–44,000 crore), with small differences due to classification/rounding and standalone vs consolidated treatment. (indiainfoline.com)

2. Possible market value of these physical assets

- SBI follows historical cost less depreciation for most fixed assets. Freehold land and many older buildings are carried at very low historical values relative to today’s market prices. (scribd.com)

- The actual market value of SBI’s physical portfolio (especially prime branch and office properties across India) is almost certainly higher than the ~₹44,000 crore book value, but:

- SBI does not publish a consolidated “fair market value of all physical assets” in the annual report.

- External analysts cannot reliably quantify the true market value without a detailed, asset‑wise valuation (location, FSI, redevelopment potential, lease terms, etc.).

- Any specific “market price” estimate you see in the public domain will be rough, assumption-driven and not an official SBI number.

3. Practical interpretation for an investor/analyst (illustrative, not advice)

- The book value of physical assets (~₹44,000 crore) should be seen as a minimum accounting value, not an economic value.

- SBI’s equity market capitalisation and P/B ratio already capitalise:

- these physical assets,

- the lending book,

- fee income franchises, digital platform, brand, etc.

- If you are evaluating “asset backing”, you can:

- Start from reported fixed assets (~₹44,000 crore),

- Recognise that true market value is likely higher, but treat any uplift as qualitative unless you have access to a formal valuation.

Summary:

- Reported physical/fixed assets on SBI’s standalone books are around ₹43,685 crore as of 31 March 2025.

- True market value of these physical assets is not disclosed and cannot be estimated precisely from public information; it is likely above book value, especially for legacy land/buildings, but the magnitude of the gap is unknown without a professional valuation exercise.

If you have any further queries, please connect with us on 022-6290-10141 (Timings : 09.00 AM to 05.00 PM) or you can email us on info@cniinfoxchange.com