SBI Cards

Why is SBI Cards & Payment Services Ltd falling/rising?

As of 06-Aug, SBI Cards & Payment Services Ltd's stock price is declining at 660.00, down 0.74%, primarily due to underperformance against benchmarks and mixed short-term trends. Despite a positive monthly return, the stock has significant year-to-date and one-year declines, with investor participation increasing but overall liquidity remaining moderate.

As of 06-Aug, SBI Cards & Payment Services Ltd is experiencing a decline in its stock price, currently at 660.00, which reflects a change of -4.9 or -0.74%. This decrease can be attributed to its performance relative to the benchmark, as the stock has underperformed the sector by -0.49% today. <BR><BR>Despite a positive trend over the past month with a return of +9.43%, the stock has shown significant underperformance over longer periods, with a year-to-date decline of -23.41% and a one-year drop of -16.81%. Additionally, while the stock has higher current prices compared to its 20-day, 50-day, and 100-day moving averages, it is lower than its 5-day and 200-day moving averages, indicating mixed short-term trends.<BR><BR>Investor participation has increased, with a delivery volume of 4.71 lacs on 05 Aug, which is up by 6.51% against the 5-day average. However, the overall liquidity remains moderate, allowing for trades of Rs 1.21 crore, which may not be sufficient to offset the negative sentiment reflected in the stock's price movement.<BR><BR>While there are strong long-term fundamentals, including a healthy operating profit growth rate and a low debt-equity ratio, the current market reaction appears to be influenced by the stock's recent performance and its relative valuation compared to peers. The stock is trading at a premium, which may deter some investors in the short term, contributing to the observed decline in price.

Which are the latest news on SBI Cards?

Are SBI Cards & Payment Services Ltd latest results good or bad?

SBI Cards & Payment Services Ltd's latest Q1 FY27 results are generally positive, with a net profit increase of 19.51% year-on-year and improved operating margins. However, the stock has underperformed, declining 30.11% over the past year, raising concerns about future growth in a competitive market.

SBI Cards & Payment Services Ltd's latest results for Q1 FY27 indicate a generally positive performance, although there are some concerns to consider. The company reported a net profit of ₹664.44 crores, which is a 9.05% increase quarter-on-quarter and a significant 19.51% increase year-on-year. This growth in profitability is complemented by an operating margin that expanded to 29.83%, marking a notable improvement in operational efficiency.<BR><BR>Interest income also saw a modest increase of 2.15% quarter-on-quarter, reaching ₹5,040.55 crores, with a year-on-year growth of 3.36%. These figures reflect the company's ability to manage its operations effectively despite a challenging environment characterized by regulatory scrutiny and increased competition.<BR><BR>However, it's important to note that the stock has been underperforming, closing at ₹618.95, down 0.45% from the previous session. Over the past year, the stock has declined by 30.11%, significantly underperforming the broader market. This disconnect between strong operational performance and stock market valuation raises concerns among investors about the sustainability of growth in a maturing credit card market.<BR><BR>In summary, while the financial results show strong operational metrics and profitability growth, the stock's performance and market sentiment suggest caution regarding future growth prospects.

Should I buy, sell or hold SBI Cards & Payment Services Ltd?

What does SBI Cards do?

SBI Cards & Payment Services Ltd issues credit cards and operates as a Mid Cap company in the NBFC sector. As of March 2026, it reported net sales of ₹4,934 Cr and a net profit of ₹609 Cr, with a market cap of ₹56,055 Cr.

Overview:<BR>SBI Cards & Payment Services Ltd is engaged in issuing credit cards to consumers and operates within the Non Banking Financial Company (NBFC) sector, categorized as a Mid Cap company.<BR><BR>History:<BR>The company was incorporated in 1998 as a private limited entity and later converted to a public limited company in 2019. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 4,934 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 609 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 56,055 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 26.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.43%<BR>- Debt Equity: 2.80<BR>- Return on Equity: 13.78%<BR>- Price to Book: 3.54<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

How big is SBI Cards?

As of 10th June, SBI Cards & Payment Services Ltd has a market capitalization of 56,055.00 Cr, with net sales of 19,899.66 Cr and a net profit of 2,166.67 Cr reported in the latest four quarters. The company has shareholder's funds of 13,781.72 Cr and total assets of 65,103.02 Cr for the annual period ending March 2025.

As of 10th June, SBI Cards & Payment Services Ltd has a market capitalization of 56,055.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, SBI Cards reported net sales of 19,899.66 Cr and a net profit of 2,166.67 Cr.<BR><BR>For the latest annual period ending March 2025, the company had shareholder's funds amounting to 13,781.72 Cr and total assets of 65,103.02 Cr.

Who are in the management team of SBI Cards?

The management team of SBI Cards includes Payal Mittal (Company Secretary), Dinesh Kumar Khara (Chairman), Abhijit Chakravorty (Managing Director), and several independent directors. They oversee the company's operations and strategic direction.

The management team of SBI Cards includes the following individuals:<BR><BR>1. **Payal Mittal** - Company Secretary & Compliance Officer<BR>2. **Dinesh Kumar Khara** - Chairman (Non-Executive)<BR>3. **Rajendra Kumar Saraf** - Independent Director<BR>4. **Tejendra Mohan Bhasin** - Independent Director<BR>5. **Dinesh Kumar Mehrotra** - Independent Director<BR>6. **Anuradha Shripad Nadkarni** - Independent Director<BR>7. **Shriniwas Yeshwant Joshi** - Independent Director<BR>8. **Abhijit Chakravorty** - Managing Director<BR>9. **Nitin Chugh** - Nominee (SBI)<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the SBI Cards?

SBI Cards' peers include Cholaman.Inv.&Fn, Muthoot Finance, Aditya Birla Cap, L&T Finance Ltd, HDB FINANC SER, Sundaram Finance, Authum Invest., M & M Fin. Serv., and Poonawalla Fin. Muthoot Finance leads in 1-year returns at 14.16%, while SBI Cards has the lowest at -41.99%.

Peers: The peers of SBI Cards are Cholaman.Inv.&Fn, Muthoot Finance, Aditya Birla Cap, L&T Finance Ltd, HDB FINANC SER, Sundaram Finance, Authum Invest., M & M Fin. Serv., and Poonawalla Fin.<BR><BR>Quality Snapshot: Excellent management risk is observed at Cholaman.Inv.&Fn, Muthoot Finance, and SBI Cards, while Good management risk is found at Aditya Birla Cap, HDB FINANC SER, and Sundaram Finance. Average management risk is noted at L&T Finance Ltd, Authum Invest., M & M Fin. Serv., and Poonawalla Fin. For Growth, Excellent growth is seen at Muthoot Finance and Aditya Birla Cap, while Good growth is observed at Cholaman.Inv.&Fn and Poonawalla Fin. Average growth is found at SBI Cards and M & M Fin. Serv., while Below Average growth is noted at L&T Finance Ltd, HDB FINANC SER, and Authum Invest. Capital Structure is Excellent for Muthoot Finance, Aditya Birla Cap, L&T Finance Ltd, SBI Cards, Sundaram Finance, and Poonawalla Fin, while Good capital structure is seen at Cholaman.Inv.&Fn and HDB FINANC SER, and Average capital structure is noted at Authum Invest., M & M Fin. Serv., and Poonawalla Fin.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Muthoot Finance at 14.16%, while SBI Cards has the lowest at -41.99%. This indicates that SBI Cards' performance is significantly worse compared to its peers. Additionally, the six-month return is negative for Cholaman.Inv.&Fn, Muthoot Finance, L&T Finance Ltd, HDB FINANC SER, Sundaram Finance, Authum Invest., M & M Fin. Serv., and Poonawalla Fin.

When is the next results date for SBI Cards & Payment Services Ltd?

The next results date for SBI Cards & Payment Services Ltd is April 27, 2026.

The next results date for SBI Cards & Payment Services Ltd is scheduled for April 27, 2026.

How has been the historical performance of SBI Cards?

SBI Cards has shown consistent growth in net sales, increasing from ₹6,999.11 Cr in Mar'19 to ₹18,072.22 Cr in Mar'25, but recent profitability metrics have declined, with profit after tax dropping from ₹2,407.88 Cr in Mar'24 to ₹1,916.41 Cr in Mar'25. Despite rising liabilities, the book value per share improved from ₹56.88 in Mar'20 to ₹144.86 in Mar'25, indicating a stronger equity position.

Answer:<BR>The historical performance of SBI Cards shows a consistent growth trajectory in net sales and profit metrics over the years.<BR><BR>Breakdown:<BR>SBI Cards has demonstrated significant growth in net sales, increasing from 6,999.11 Cr in Mar'19 to 18,072.22 Cr in Mar'25. The total operating income has followed a similar trend, rising from 6,999.11 Cr in Mar'19 to 18,072.22 Cr in Mar'25. Operating profit (PBDIT) peaked at 3,428.55 Cr in Mar'24 before declining to 2,727.50 Cr in Mar'25, while profit before tax also saw a decrease from 3,231.80 Cr in Mar'24 to 2,580.68 Cr in Mar'25. Profit after tax followed suit, dropping from 2,407.88 Cr in Mar'24 to 1,916.41 Cr in Mar'25. The company's total liabilities increased significantly from 25,031.58 Cr in Mar'20 to 65,103.02 Cr in Mar'25, indicating a rise in debt levels, which reached 44,946.61 Cr in Mar'25. Despite these increases in liabilities, the book value per share improved from 56.88 in Mar'20 to 144.86 in Mar'25, reflecting a strengthening equity position. Cash flow from operating activities remained negative, with a notable outflow of 2,140.00 Cr in Mar'25, although the net cash inflow for the year was positive at 55.00 Cr, indicating some liquidity resilience. Overall, SBI Cards has shown robust growth in sales and assets, although profitability metrics have faced recent challenges.

Is SBI Cards technically bullish or bearish?

As of November 18, 2025, the trend is mildly bullish due to daily moving averages and Bollinger Bands, but mixed signals from the MACD and Dow Theory suggest caution.

As of 18 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by daily moving averages indicating mild bullishness and Bollinger Bands showing a mildly bullish trend on both weekly and monthly time frames. However, the MACD on both weekly and monthly charts is mildly bearish, which tempers the overall bullish sentiment. The KST remains bullish on both time frames, providing some support to the mildly bullish outlook. The Dow Theory indicates a mildly bearish stance on the weekly chart, adding to the mixed signals. Overall, while there are bullish indicators, the presence of bearish signals suggests caution.

Who are the top shareholders of the SBI Cards?

The top shareholders of SBI Cards include the State Bank of India with a 68.6% stake, Life Insurance Corporation of India - P & Gs Fund at 6.12%, mutual funds holding 9.66%, and foreign institutional investors at 9.88%. There are no pledged promoter holdings reported.

The top shareholders of SBI Cards include the State Bank of India, which holds a significant 68.6% stake as the largest promoter. Other notable shareholders are Life Insurance Corporation of India - P & Gs Fund, with a 6.12% stake, and individual investors who collectively hold 3.81%. Additionally, mutual funds account for 9.66% of the shares, while foreign institutional investors (FIIs) hold 9.88%. There are no pledged promoter holdings reported.

Is SBI Cards overvalued or undervalued?

As of January 2, 2025, SBI Cards & Payment Services Ltd. is considered very expensive and overvalued, with a PE ratio of 49.31 and a PEG ratio of 0.00, indicating it trades at a significant premium compared to its peers and has underperformed the Sensex in the long term despite short-term gains.

As of 2 January 2025, the valuation grade for SBI Cards & Payment Services Ltd. has moved from expensive to very expensive. The company is currently overvalued based on its financial ratios, which include a PE ratio of 49.31, a Price to Book Value of 7.22, and an EV to EBITDA ratio of 25.45. These figures indicate that the stock is trading at a significant premium compared to its earnings and book value.<BR><BR>In comparison to its peers, SBI Cards stands out with a PE ratio of 49.31, while other companies in the sector may have lower ratios, suggesting that SBI Cards is priced higher than its competitors. Notably, the PEG ratio is 0.00, which further emphasizes the lack of growth relative to its current price. Additionally, while the stock has outperformed the Sensex in the short term, with a year-to-date return of 51.74% compared to the Sensex's 5.58%, the long-term performance shows a stark contrast, with a 5-year return of 64.8% against the Sensex's 142.96%. This disparity reinforces the notion that the stock may be overvalued at its current price.

Has SBI Cards declared dividend?

Yes, SBI Cards has declared a 25% dividend, amounting to ₹2.5 per share, with an ex-date of February 25, 2025. The company has shown strong total returns, particularly in the last 6 months and 5 years, with total returns of 38.95% and 60.43%, respectively.

SBI Cards & Payment Services Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 25 Feb 2025<BR><BR>Dividend Yield: 0.27%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 38.6%, the dividend return was 0.35%, resulting in a total return of 38.95%.<BR><BR>Over the past year, the price return stood at 41.34%, with a dividend return of 0.35%, leading to a total return of 41.69%.<BR><BR>In the 2-year period, the price return was 7.66%, the dividend return was 0.55%, culminating in a total return of 8.21%.<BR><BR>For the 3-year period, the price return was 28.5%, the dividend return was 1.05%, resulting in a total return of 29.55%.<BR><BR>In the last 4 years, the price return was -5.21%, the dividend return was 1.04%, leading to a total return of -4.17%.<BR><BR>Over the past 5 years, the price return was 58.9%, with a dividend return of 1.53%, resulting in a total return of 60.43%.<BR><BR>Overall, SBI Cards has declared a dividend, and the total returns over various periods indicate a generally positive performance, particularly in the short to medium term, with significant total returns in the last 5 years.