| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 1,905 | 2,492 | 3,364 | 5,370 | 7,287 | 9,752 | 9,714 | 11,302 | 14,286 | 17,484 | 18,637 | 19,190 |
| Expenses | 1,260 | 1,623 | 2,242 | 3,726 | 4,887 | 6,618 | 7,223 | 7,954 | 9,444 | 11,460 | 12,731 | 13,303 |
| EBITDA | 644 | 869 | 1,121 | 1,644 | 2,400 | 3,134 | 2,490 | 3,348 | 4,842 | 6,024 | 5,906 | 5,887 |
| Operating Profit % | 31 % | 32 % | 31 % | 28 % | 30 % | 29 % | 22 % | 26 % | 31 % | 32 % | 30 % | 28 % |
| Depreciation | 1 | 1 | 1 | 14 | 55 | 104 | 123 | 149 | 164 | 197 | 147 | 132 |
| Interest | 373 | 430 | 522 | 708 | 1,009 | 1,301 | 1,043 | 1,027 | 1,648 | 2,595 | 3,178 | 3,224 |
| Profit Before Tax | 271 | 438 | 599 | 923 | 1,335 | 1,730 | 1,324 | 2,172 | 3,031 | 3,232 | 2,581 | 2,530 |
| Tax | 4 | 154 | 208 | 320 | 470 | 485 | 339 | 556 | 772 | 824 | 664 | 737 |
| Net Profit | 267 | 284 | 390 | 604 | 865 | 1,245 | 985 | 1,616 | 2,259 | 2,408 | 1,916 | 1,878 |
| EPS in ₹ | 3.40 | 3.62 | 4.97 | 7.69 | 9.45 | 13.35 | 10.48 | 17.16 | 23.92 | 25.39 | 20.15 | 19.70 |
SBI Cards
SBI Cards
921.75
-1.35
(-0.15%)
Key Fundamentals
Market Cap
87,708.60 Cr
EPS
20.15
PE Ratio
46.61
Dividend Yield
0.27 %
Industry
Financial Services 52 Week High
1,027.25
52 Week Low
659.80
PB Ratio
6.35
Debt to Equity
3.28
Sector
NBFC Analyst Rating and Forecast
- By Refinitiv from25 analysts
Actual
Company News
View All News
SBI Cards and RBL Bank Shares Surge on RBI's Proposed Credit Risk Capital Framework Changes
3 days ago
3 days agoShares of SBI Cards & Payment Services and RBL Bank rose up to 5% following the Reserve Bank of India's draft guidelines for credit risk capital framework. The proposed changes would reduce risk weight for 'transactor' category credit cards to 100% from 125%, while maintaining 125% for personal loans and regular credit cards. Transactor users consistently pay their full credit card balance by the due date, avoiding interest charges. SBI Cards has 40% of its ₹56,607 crore total receivables from transactor users, with Macquarie noting this could release 450 basis points worth of capital. RBL Bank benefits as 18% of its loan book comes from credit cards, with 30% of its ₹21,499 crore assets under management from transactors. RBL Bank shares closed 4.9% higher at ₹287, while SBI Cards gained 1.8% to ₹921.3.
SBI Card announced transaction fee changes effective November 1. The company will introduce a 1% fee on education payments made through third-party apps, while payments made directly to schools or colleges via official websites or POS machines remain exempt. Additionally, a 1% fee will apply to all wallet load transactions exceeding ₹1,000. The card issuer continues its reward points program for Ajio and JioMart shopping launched in October, where Reliance SBI Card PRIME holders earn 20 reward points per ₹100 spent and other cardholders earn 10 reward points per ₹100 spent. SBI Card also migrated all CPP customers to updated plan variants with revised features and prices from September 16, 2025.
SBI Cards has partnered with IndiGo to launch the IndiGo SBI Card. The credit card offers users the opportunity to earn up to 29,000 bonus BluChips annually. Two card variants are available, providing rewards of up to 7% on IndiGo purchases.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,023.85 | #1 6,37,088.80 | 36.56 | #1 69,724.80 | 26.81 | #1 16,780 | 21.81 | 65.14 | |
308.15 | 1,95,772.10 | 122.34 | 2,078.90 | 12.09 | 1,613 | 3.87 | 49.84 | |
1,614.20 | 1,35,818.60 | 30.49 | 26,152.80 | 34.67 | 4,260 | 20.12 | 57.07 | |
3,156.90 | 1,26,739.60 | 20.60 | 20,324.50 | 34.04 | 5,352 | #1 65.12 | 62.36 | |
665.05 | 1,25,096.40 | 14.71 | 41,859.50 | 19.61 | 9,423 | 6.34 | 64.81 | |
921.75 | #6 87,708.60 | #8 46.61 | #5 18,637.10 | #10 6.60 | #7 1,916 | #8 -6.48 | 69.79 | |
3,299.50 | 56,040.40 | #1 13.70 | 4,612.20 | #1 76.63 | 4,241 | -14.01 | 65.28 | |
4,409.50 | 48,991.20 | 25.50 | 8,563.00 | 17.53 | 1,813 | 9.27 | 44.42 | |
529.15 | 41,231.80 | 173.32 | 4,222.80 | 34.17 | -98 | -78.53 | 67.64 | |
282.10 | 39,211.10 | 17.09 | 18,530.50 | 16.03 | 2,261 | 6.44 | 57.10 |
Growth Rate
Revenue Growth
6.60 %
Net Income Growth
-20.41 %
Cash Flow Change
62.14 %
ROE
-30.21 %
ROCE
-13.44 %
EBITDA Margin (Avg.)
-8.01 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 6,257 | 7,880 | 10,829 | 15,583 | 20,146 | 25,307 | 27,013 | 34,648 | 45,546 | 58,171 | 65,546 |
| Fixed Assets | 2 | 2 | 4 | 140 | 196 | 311 | 308 | 440 | 551 | 542 | 320 |
| Current Assets | 5,620 | 7,196 | 10,020 | 1,276 | 1,856 | 1,884 | 1,883 | 2,492 | 3,225 | 4,654 | 4,603 |
| Capital Work in Progress | 0 | 0 | 0 | 35 | 20 | 24 | 10 | 14 | 23 | 22 | 10 |
| Investments | 0 | 0 | 0 | 0 | 2 | 2 | 958 | 1,297 | 2,140 | 3,519 | 6,235 |
| Other Assets | 6,256 | 7,878 | 10,826 | 15,407 | 19,928 | 24,971 | 25,737 | 32,898 | 42,832 | 54,088 | 58,980 |
| Total Liabilities | 6,257 | 7,880 | 10,829 | 15,583 | 20,146 | 25,307 | 27,013 | 34,648 | 45,546 | 58,171 | 65,546 |
| Current Liabilities | 5,019 | 6,339 | 8,829 | 11,563 | 13,326 | 15,233 | 15,692 | 18,909 | 24,999 | 32,990 | 36,792 |
| Non Current Liabilities | 273 | 387 | 549 | 1,663 | 3,232 | 4,733 | 5,019 | 7,987 | 10,716 | 13,097 | 14,972 |
| Total Equity | 966 | 1,155 | 1,451 | 2,357 | 3,588 | 5,341 | 6,302 | 7,753 | 9,830 | 12,084 | 13,782 |
| Reserve & Surplus | 181 | 370 | 666 | 1,572 | 2,751 | 4,402 | 5,359 | 6,810 | 8,884 | 11,133 | 12,830 |
| Share Capital | 785 | 785 | 785 | 785 | 837 | 939 | 941 | 943 | 946 | 951 | 951 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 130 | -17 | 9 | 190 | 422 | -218 | 127 | 115 | 232 | 1,492 | 56 |
| Investing Activities | 1 | 1 | -1 | 128 | -76 | -77 | -997 | -538 | -921 | -1,255 | -2,491 |
| Operating Activities | -879 | -1,158 | -2,235 | -2,891 | -2,327 | -4,063 | 692 | -4,392 | -6,671 | -5,653 | -2,141 |
| Financing Activities | 1,008 | 1,141 | 2,244 | 2,953 | 2,824 | 3,923 | 432 | 5,045 | 7,824 | 8,401 | 4,687 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 69.40 % | 69.50 % | 69.37 % | 69.47 % | 69.59 % | 69.64 % | 69.41 % | 69.05 % | 69.02 % | 68.96 % | 68.94 % | 68.75 % | 68.63 % | 68.62 % | 68.61 % | 68.60 % | 68.60 % | 68.59 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 9.09 % | 9.35 % | 8.59 % | 8.73 % | 9.18 % | 9.51 % | 9.88 % | 10.22 % |
| DIIs | 5.49 % | 6.33 % | 9.29 % | 11.51 % | 12.02 % | 15.77 % | 17.04 % | 16.72 % | 17.47 % | 17.18 % | 17.29 % | 16.28 % | 16.69 % | 16.53 % | 16.75 % | 16.48 % | 17.22 % | 17.51 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 3.65 % | 4.09 % | 3.80 % | 4.51 % | 4.66 % | 4.97 % | 4.11 % | 4.44 % | 4.38 % | 3.75 % | 4.10 % | 5.02 % | 5.28 % | 5.45 % | 4.80 % | 4.78 % | 3.81 % | 3.24 % |
| Others | 21.46 % | 20.08 % | 17.55 % | 14.50 % | 13.73 % | 9.62 % | 9.44 % | 9.79 % | 9.13 % | 10.11 % | 0.59 % | 0.60 % | 0.81 % | 0.67 % | 0.66 % | 0.63 % | 0.49 % | 0.44 % |
| No of Share Holders | 0 | 10,57,520 | 11,18,650 | 10,46,250 | 11,40,590 | 11,61,090 | 11,78,350 | 10,63,050 | 10,41,170 | 9,67,531 | 9,61,296 | 10,28,670 | 10,36,630 | 10,19,120 | 9,48,916 | 9,37,270 | 8,47,672 | 7,74,642 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 1 | 1 | 0.00 | 2.5 | 2.5 | 2.5 | 2.5 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.16 | 0.11 | 0.00 | 0.35 | 0.37 | 0.28 | 0.27 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 20 Sept 2019 |  Change Of Name | NA | 20 Sept 2019 | 0.00 | 0.00 |
| 31 Mar 2022 |  Dividend | ₹ 2.50 /share | 30 Mar 2022 | 841.95 | 868.90 |
| 29 Mar 2023 | Dividend | ₹ 2.50 /share | 29 Mar 2023 | 710.60 | 711.10 |
| 28 Mar 2024 | Dividend | ₹ 2.50 /share | 28 Mar 2024 | 701.25 | 692.55 |
| 09 Aug 2024 |  Annual General Meeting | NA | 09 Aug 2024 | 730.80 | 715.55 |
| 29 Oct 2024 |  Quarterly Result Announcement | NA | 29 Oct 2024 | 703.95 | 667.55 |
| 28 Jan 2025 | Quarterly Result Announcement | NA | 28 Jan 2025 | 760.70 | 753.70 |
| 25 Feb 2025 | Dividend | ₹ 2.50 /share | 25 Feb 2025 | 858.60 | 839.00 |
| 24 Apr 2025 | Quarterly Result Announcement | NA | 24 Apr 2025 | 888.45 | 915.85 |
| 25 Jul 2025 | Quarterly Result Announcement | NA | 25 Jul 2025 | 894.60 | 885.80 |
| 29 Aug 2025 | Annual General Meeting | NA | 29 Aug 2025 | 814.70 | 801.85 |
Announcements
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 20153 days ago
3 days agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 20183 days ago
3 days agoIntimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 -ESG RatingSep 30, 2025
Sep 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 25, 2025
Sep 25, 2025Closure of Trading WindowSep 25, 2025
Sep 25, 2025Disclosure Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Product LaunchSep 25, 2025
Sep 25, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 25, 2025
Sep 25, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSSep 24, 2025
Sep 24, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sSep 23, 2025
Sep 23, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 22, 2025
Sep 22, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 19, 2025
Sep 19, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 19, 2025
Sep 19, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 19, 2025
Sep 19, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 18, 2025
Sep 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 17, 2025
Sep 17, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 16, 2025
Sep 16, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 16, 2025
Sep 16, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 15, 2025
Sep 15, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 15, 2025
Sep 15, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 10, 2025
Sep 10, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 -ESG RatingSep 09, 2025
Sep 09, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 09, 2025
Sep 09, 2025ShareholderS Approval - Appointment Of Independent DirectorAug 30, 2025
Aug 30, 2025Shareholders Approval - Appointment Of Secretarial AuditorsAug 30, 2025
Aug 30, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 30, 2025
Aug 30, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 29, 2025
Aug 29, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAug 28, 2025
Aug 28, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 -ESG RatingAug 27, 2025
Aug 27, 2025Disclosure Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Product LaunchAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 20, 2025
Aug 20, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 18, 2025
Aug 18, 2025Disclosure Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Product LaunchAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Aug 14, 2025Addendum To The Notice Of The 27Th Annual General Meeting Of The CompanyAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 01, 2025
Aug 01, 2025Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Letter Dispatched To The Shareholders Of The CompanyJul 31, 2025
Jul 31, 2025Notice Of The 27Th Annual General Meeting Of The Company Scheduled To Be Held On August 29 2025Jul 31, 2025
Jul 31, 2025Business Responsibility and Sustainability Reporting (BRSR)Jul 31, 2025
Jul 31, 2025Reg. 34 (1) Annual Report.Jul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Issue of SecuritiesJul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 26, 2025
Jul 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 25, 2025
Jul 25, 2025Board Meeting Outcome for Unaudited Financial Results Of The Company For The Quarter Ended June 30 2025Jul 25, 2025
Jul 25, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 25, 2025
Jul 25, 2025Mutual Fund Holdings
Quant Mid Cap Fund Direct-Growth 
HSBC Midcap Fund Direct-Growth 
ICICI Prudential Equity & Debt Fund Direct-Growth 
Aditya Birla Sun Life Quant Fund Direct-Growth 
Nippon India Multi Cap Fund Direct-Growth 
SBI PSU Direct Plan-Growth 
Axis Momentum Fund Direct - Growth 
HDFC Multi Cap Fund Direct - Growth 
UTI BSE Low Volatility Index Fund Direct - Growth 
Tata Large & Mid Cap Fund Direct Plan-Growth 
Union Active Momentum Fund Direct-Growth 
Mahindra Manulife Flexi Cap Fund Direct - Growth Technical Indicators
RSI(14)
Neutral 69.79
ATR(14)
Less Volatile 21.21
STOCH(9,6)
Overbought 84.13
STOCH RSI(14)
Overbought 98.48
MACD(12,26)
Bullish 3.54
ADX(14)
Strong Trend 30.58
UO(9)
Bearish 63.62
ROC(12)
Uptrend And Accelerating 5.91
WillR(14)
Overbought -19.10
About SBI Cards
SBI Cards and Payment Services Limited is an Indian company that issues credit cards and acts as a corporate insurance agent. Incorporated in 1998 and a subsidiary of State Bank of India, it is the second-largest credit card issuer in India with over 16.8 million cards in force. The company offers a diverse portfolio of credit cards, including SBI Card-branded and co-branded cards, catering to various customer segments. It partners with Visa, MasterCard, and RuPay payment networks. SBI Cards has a wide customer acquisition network, including physical points of sale, digital platforms, and access to SBI's extensive branch network. The company has launched several new card products and partnerships across different categories to expand its offerings and reach.
Listing Date
16 Mar, 2020(5 Years,
-4 days)
Website
Chairperson NameChalla Sreenivasulu Setty
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