How has been the historical performance of SBI Cards?

Jul 14 2025 10:40 PM IST
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SBI Cards has shown consistent growth in net sales, increasing from ₹6,999.11 crore in March 2019 to ₹18,072.22 crore in March 2025. However, profitability metrics like operating profit and profit after tax have declined recently, indicating volatility despite strong revenue growth.
Answer:
The historical performance of SBI Cards shows a consistent growth trajectory in net sales and profits over the years.

Breakdown:
SBI Cards has demonstrated significant growth in net sales, increasing from 6,999.11 crore in March 2019 to 18,072.22 crore in March 2025. This upward trend is reflected in the total operating income, which also rose from 6,999.11 crore in March 2019 to 18,072.22 crore in March 2025. Despite this growth, the total expenditure has also increased, reaching 15,909.65 crore in March 2025, up from 5,896.55 crore in March 2019. Operating profit (PBDIT) peaked at 3,428.55 crore in March 2024 but fell to 2,727.50 crore in March 2025, indicating some volatility in profitability. The profit before tax followed a similar pattern, with a high of 3,231.80 crore in March 2024 and a decrease to 2,580.68 crore in March 2025. The profit after tax also saw a decline from 2,407.88 crore in March 2024 to 1,916.41 crore in March 2025. Earnings per share (EPS) reached 20.14 in March 2025, down from 25.32 in March 2024. The cash flow from operating activities has been negative in recent years, with a cash flow of -5,451.00 crore in March 2024, but the net cash inflow improved to 1,492.00 crore in the same period. Overall, while SBI Cards has shown strong revenue growth, its profitability and cash flow metrics indicate areas that require attention.
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