| 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 | 18,072 | 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 | 5,341 | 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 | 753 | 737 |
| Net Profit | 267 | 284 | 390 | 604 | 865 | 1,245 | 985 | 1,616 | 2,259 | 2,408 | 1,827 | 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
814.70
-6.70
(-0.82%)
Q1 Quarterly Results are out. Check out the updated financials1 day ago
View
Market Cap
77,517.51 Cr
EPS
20.15
PE Ratio
41.60
Dividend Yield
0.30 %
Industry
Financial Services52 Week High
1,027.25
52 Week Low
659.80
PB Ratio
5.67
Debt to Equity
3.24
Sector
NBFC
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from26 analysts
Company News
View All News
SBI Cards and Payment Services Limited has allotted 2,00,000 non-convertible debentures worth Rs 2,000 crores through private placement. The unsecured debentures carry a face value of Rs 1,00,000 each and offer a coupon rate of 7.05% per annum. The debentures have a tenure of 3 years, with allotment on July 30, 2025, and maturity on July 28, 2028. Interest will be paid annually, with the first payment due on July 30, 2026. The debentures will be listed on the Wholesale Debt Market Segment of BSE Limited.
SBI Cards Shares Drop 6% as Quarterly Profit Falls 6.5%2 days ago
SBI Cards and Payment Services shares declined over 6% following a 6.5% drop in net profit to Rs 556 crore in the June quarter, compared to Rs 594 crore in the same period last year. Provision expenses increased 23% year-on-year to Rs 1,351 crore. Asset quality remained stable with gross NPA at 3.07% and net NPA flat at 1.42%. Customer spends grew 21% to Rs 93,244 crore, driven by corporate spending recovery and retail spending pickup. Receivables rose 7% to Rs 56,607 crore. The stock traded down 5.7% at Rs 830, with trading volume at 1.9 times the 30-day average. Among 29 analysts covering the stock, 7 recommend buy, 10 hold, and 12 sell, with an average price target of Rs 880.
SBI Cards and Payment Services shares declined over 6% following its quarterly results. Morgan Stanley downgraded the stock to 'underweight' with a price target of ₹710, citing higher credit costs due to increased stressed asset creation and rising ECL coverage. Bernstein maintained an 'underperform' rating with a ₹690 target, noting that elevated credit costs have become a consistent issue for SBI Cards. Among analyst coverage, 11 analysts have 'hold' and 'sell' ratings each, while 7 maintain 'buy' recommendations. Bernstein suggested that market reactions to SBI Cards' results have typically been temporary over recent quarters.
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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 |
|---|---|---|---|---|---|---|---|---|
884.85 | #1 5,49,871.14 | 31.62 | #1 69,724.80 | 26.81 | #1 16,780 | 21.81 | 38.11 | |
320.30 | 2,03,491.13 | 127.38 | 2,042.91 | #1 4,039.96 | 1,677 | 3.87 | 56.23 | |
1,478.10 | 1,24,323.22 | 29.30 | 26,152.80 | 48.18 | 4,260 | 18.24 | 35.41 | |
632.80 | 1,18,999.73 | 14.11 | 41,859.50 | 19.61 | 9,423 | 6.34 | 42.13 | |
2,633.20 | 1,05,713.47 | 19.71 | 20,214.20 | 26.62 | 5,285 | #1 22.13 | 53.98 | |
814.70 | #6 77,517.51 | #8 41.60 | #6 18,072.20 | #7 22.39 | #7 1,827 | #8 -6.48 | 24.62 | |
4,744.00 | 52,707.67 | 28.45 | 8,563.00 | 17.53 | 1,813 | 17.06 | 33.31 | |
2,838.60 | 48,212.23 | #1 11.72 | 4,578.34 | 381.77 | 3,865 | -14.01 | 60.29 | |
257.65 | 35,812.61 | 15.28 | 18,530.50 | 16.03 | 2,261 | 6.44 | 45.05 | |
414.00 | 32,222.68 | 173.32 | 4,222.80 | 34.17 | -98 | -78.53 | 34.84 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
22.39 %
Net Income Growth
6.62 %
Cash Flow Change
18.27 %
ROE
-13.27 %
ROCE
1.62 %
EBITDA Margin (Avg.)
1.65 %
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 | 330 |
| Current Assets | 5,620 | 7,196 | 10,020 | 1,276 | 1,856 | 1,884 | 1,883 | 2,492 | 3,225 | 4,654 | 3,259 |
| Capital Work in Progress | 0 | 0 | 0 | 35 | 20 | 24 | 10 | 14 | 23 | 22 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 2 | 958 | 1,297 | 2,140 | 3,519 | 0 |
| Other Assets | 6,256 | 7,878 | 10,826 | 15,407 | 19,928 | 24,971 | 25,737 | 32,898 | 42,832 | 54,088 | 0 |
| 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 | 5,650 |
| Non Current Liabilities | 273 | 387 | 549 | 1,663 | 3,232 | 4,733 | 5,019 | 7,987 | 10,716 | 13,097 | 46,114 |
| 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 |
| Net Cash Flow | 130 | -17 | 9 | 190 | 422 | -218 | 127 | 115 | 232 | 1,492 |
| Investing Activities | 1 | 1 | -1 | 128 | -76 | -77 | -997 | -538 | -921 | -1,457 |
| Operating Activities | -879 | -1,158 | -2,235 | -2,891 | -2,327 | -4,063 | 692 | -4,392 | -6,671 | -5,452 |
| Financing Activities | 1,008 | 1,141 | 2,244 | 2,953 | 2,824 | 3,923 | 432 | 5,045 | 7,824 | 8,401 |
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
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| 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 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.16 | 0.11 | 0.00 | 0.35 | 0.37 | 0.28 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 25 Jul 2025 |  Quarterly Result Announcement | NA | 25 Jul 2025 | 894.60 | 885.80 |
| 24 Apr 2025 | Quarterly Result Announcement | NA | 24 Apr 2025 | 888.45 | 915.85 |
| 25 Feb 2025 |  Dividend | ₹ 2.50 /share | 25 Feb 2025 | 858.60 | 839.00 |
| 28 Jan 2025 | Quarterly Result Announcement | NA | 28 Jan 2025 | 760.70 | 753.70 |
| 29 Oct 2024 | Quarterly Result Announcement | NA | 29 Oct 2024 | 703.95 | 667.55 |
| 09 Aug 2024 |  Annual General Meeting | NA | 09 Aug 2024 | 730.80 | 715.55 |
| 28 Mar 2024 | Dividend | ₹ 2.50 /share | 28 Mar 2024 | 701.25 | 692.55 |
| 29 Mar 2023 | Dividend | ₹ 2.50 /share | 29 Mar 2023 | 710.60 | 711.10 |
| 31 Mar 2022 | Dividend | ₹ 2.50 /share | 30 Mar 2022 | 841.95 | 868.90 |
| 20 Sept 2019 |  Change Of Name | NA | 20 Sept 2019 | 0.00 | 0.00 |
Announcements
Announcement under Regulation 30 (LODR)-Issue of Securities
5 hours ago
5 hours agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication8 hours ago
8 hours agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome5 days ago
5 days agoBoard Meeting Outcome for Unaudited Financial Results Of The Company For The Quarter Ended June 30 20255 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation5 days ago
5 days agoUnaudited Financial Results Of The Company For The Quarter Ended June 30 20255 days ago
5 days agoDisclosure Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Product Launch8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
9 days agoBoard Meeting Intimation for Inter Alia Considering And Approving The Unaudited Financial Results Of The Company For The Quarter Ended June 30 20259 days ago
9 days agoDisclosure Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 -Appointment Of Secretarial AuditorJul 14, 2025
Jul 14, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 14, 2025
Jul 14, 2025Outcome Of The Board Meeting Held On July 14 2025
Jul 14, 2025
Jul 14, 2025Shareholder S Approval - Appointment Of DirectorJul 10, 2025
Jul 10, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJul 10, 2025
Jul 10, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 10, 2025
Jul 10, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Jul 07, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jul 01, 2025
Jul 01, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJun 27, 2025
Jun 27, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 23, 2025
Jun 23, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSJun 20, 2025
Jun 20, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSJun 20, 2025
Jun 20, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 19, 2025
Jun 19, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 18, 2025
Jun 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 18, 2025
Jun 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 16, 2025
Jun 16, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 16, 2025
Jun 16, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 -ESG RatingJun 13, 2025
Jun 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 11, 2025
Jun 11, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 11, 2025
Jun 11, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 10, 2025
Jun 10, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotJun 10, 2025
Jun 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 29, 2025
May 29, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSMay 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 22, 2025
May 22, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 21, 2025
May 21, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 19, 2025
May 19, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 16, 2025
May 16, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 16, 2025
May 16, 2025Disclosure Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Product LaunchMay 15, 2025
May 15, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 15, 2025
May 15, 2025Shareholders Approval - Appointment Of Managing Director And CEOMay 09, 2025
May 09, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMay 09, 2025
May 09, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 08, 2025
May 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 07, 2025
May 07, 2025Technical Indicators
RSI(14)
Neutral 25.58
ATR(14)
Less Volatile 24.85
STOCH(9,6)
Oversold 7.06
STOCH RSI(14)
Oversold 0.00
MACD(12,26)
Bearish -8.72
ADX(14)
Weak Trend 17.99
UO(9)
Bearish 34.57
ROC(12)
Downtrend But Slowing Down -10.08
WillR(14)
Oversold -95.30
Mutual Fund Holdings
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Tata Nifty Midcap 150 Momentum 50 Index Fund Direct - Growth 
Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct - Growth 
HDFC NIFTY200 Momentum 30 Index Fund Direct-Growth 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,
14 days)
Website
Chairperson NameChalla Sreenivasulu Setty
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