SBI Cards & Payment Services Ltd Share Price

NBFC-Others

NSE: SBICARD Mid Cap ISIN: INE018E01016

As on 22 January 2025 at 15:04 IST

₹754.60

-8.00

(-1.05%)

Sell Buy

About SBI Cards & Payment Services Ltd

SBI Cards and Payment Services Ltd. is a leading credit card issuer and payment solutions provider in India. The company was initiated in 1998. It has rapidly evolved to become a significant player in the financial services landscape. The headquarters of the company is located in Gurugram, Haryana. SBI Cards and Payments Services offers a comprehensive range of credit cards. This includes lifestyle, travel, corporate, and premium banking cards. Its main products focus on providing innovative credit solutions to diverse customer segments. The company operates in the financial services and payment technology sector. Read More...

Over 1 Month

10.31%

Over 6 Months

4.79%

Over 1 Year

4.48%

Over 3 Years

-10.29%

SBI Cards & Payment Services Ltd Summary

Close ₹ 754.60

Open ₹ 762.60

High ₹ 764.20

Low ₹ 746.30

Volume 10,34,665

Net Turnover (in ₹) ₹ 2,15,66,42,994.10

52Wk High ₹ 817.40

52Wk Low ₹ 647.95

52Wk High / Low

647.95

817.40

SBI Cards & Payment Services Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 72,550.18

EPS (TTM) 23.23

Book Value (BV) 137.59

Div. Yield 0.33 %

P/E (TTM) 32.81

Price/Book Value 5.54

Delivery % 53.59 %

Face Value 10

Key Ratios

PE Ratio 26.95

PB Ratio 5.37

EV to Sales 6.01

PEG Ratio 4.44

ROA 4.63

ROE 21.98

Debt-Equity 3.24

Net Profit Margin 13.77

Operating Profit Margin 34.45

SBI Cards & Payment Services Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

No data available

Balance Sheet

No data available

Cash Flow

No data available

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	17,483.50	14,285.67	11,301.52	9,713.58	9,752.29
Total Expenses	14,251.70	11,255.10	9,129.36	8,389.85	8,022.66
Profit Before Tax	3,231.80	3,030.57	2,172.16	1,323.73	1,729.63
Profit After Tax	2,407.88	2,258.47	1,616.14	984.52	1,244.82
Operating Profit after Depreciation	3,231.80	3,030.57	2,172.16	1,323.73	1,729.63

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	564.31	567.59	453.21	317.68	323.40
Total Non Current Assets	53,517.10	42,320.99	32,156.67	25,129.96	23,422.80
Total Current Assets	4,654.13	3,224.57	2,491.76	1,882.90	1,880
TOTAL ASSETS	58,171.23	45,545.56	34,648.43	27,012.86	25,302.80
Total Shareholder's Fund	12,084.03	9,830.06	7,752.70	6,302.03	5,341.22

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-5,451.54	-6,670.51	-4,391.46	692.32	-4,062.93
Net Cash used in Investing Activities	-1,457.37	-921.44	-538.12	-996.78	-77.17
Net Cash used in Financing Activities	8,401.17	7,823.58	5,044.54	431.75	3,922.51

No data available

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	4,421.04	4,358.64	4,347.72	4,621.70	4,087.33
Total Expenses	3,960.26	3,634.05	3,534.78	3,953.23	3,365.19
Profit Before Tax	-242.47	32.34	164.34	42.10	204.53
Profit After Tax	404.42	594.45	662.37	549.08	602.98
Operating Profit after Depreciation	595.56	848.54	939.79	788.37	856.19

SBI Cards & Payment Services Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 749.27

S2 735.93

S3 725.87

Pivot 759.33

R1 772.67

R2 782.73

R3 796.07

Moving Average

20 SMA 717.15

50 SMA 708.76

100 SMA 727.43

200 SMA 723.77

SBI Cards & Payment Services Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

SBI Cards & Payment Services Ltd

₹2.5/Share

Announcement Date 28 Mar 2024

Record Date 28 Mar 2024

Div Yield 25%

AGM Date: 26 Aug 2022

AGM 26/08/2022 Notice of the 24th Annual General Meeting of the Company scheduled to be held on August 26, 2022. (As Per BSE Announcement dated on 03.08.2022) Voting Results of the 24th Annual General Meeting of the Company held on August 26, 2022 and the Consolidated Scrutinizer''''s Report. (As Per BSE Announcement Dated on 27.08.2022) SBI Cards and Payment Services Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here (As Per BSE Announcement Dated 29.08.2022)

AGM Date: 09 Aug 2023

Notice of the 25th Annual General Meeting of the Company scheduled to be held on August 09, 2023 Disclosure under Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Newspaper Publication relating to notice of the 25th Annual General Meeting and Information on E-voting and related information. Disclosure under Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Newspaper Publication relating to notice of the 25th Annual General Meeting and Information on E-voting and related information. (As Per BSE Announcement Dated on 15.07.2023) Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of the 25th Annual General Meeting of the Company held on August 9, 2023 Voting Results of the 25th Annual General Meeting held on August 9, 2023 and the Consolidated Scrutinizer''s Report. (As per BSE Announcement Dated on 09/08/2023)

AGM Date: 09 Aug 2024

Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Newspaper Advertisements- 26th Annual General Meeting of the Company Notice of the 26th Annual General Meeting of the Company scheduled to be held on August 9, 2024 (As Per BSE Announcement Dated on: 18/07/2024) Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of the 26th Annual General Meeting of the Company held on August 09, 2024 (As Per BSE Announcement Dated on: 09/08/2024)

SBI Cards & Payment Services Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
SBI Cards & Payment Services Ltd	₹762.15	₹72,507.37
Bajaj Finance Ltd	₹7,287.05	₹4,51,065.82
Bajaj Finserv Ltd	₹1,715.55	₹2,73,915.37
Indian Railway Finance Corporation Ltd	₹142.40	₹1,86,095.53
Jio Financial Services Ltd	₹260.15	₹1,65,280.69
Power Finance Corporation Ltd	₹427	₹1,40,914.35

SBI Cards & Payment Services Ltd News

SBI Cards & Payment Services to declare Quarterly Result

On 28 January 2025

21 Jan 2025, 02:27 pm

SBI Cards & Payment Services Ltd soars 1.29%, up for third straight session

SBI Cards & Payment Services Ltd is quoting at Rs 744.7, up 1.29% on the day as on 12:49 IST on the NSE. The stock is down 1% in last one year as compared to a 8.08% gain in NIFTY and a 11.87% gain in the Nifty Financial Services index.

16 Jan 2025, 01:06 pm

SBI Cards & Payment Services Ltd soars 1.37%, up for fifth straight session

SBI Cards & Payment Services Ltd is quoting at Rs 740.5, up 1.37% on the day as on 12:44 IST on the NSE. The stock is down 3.54% in last one year as compared to a 10.31% spurt in NIFTY and a 10.26% spurt in the Nifty Financial Services.

07 Jan 2025, 01:00 pm

SBI Cards & Payment Services Ltd soars 1.48%, up for third straight session

SBI Cards & Payment Services Ltd is quoting at Rs 713.1, up 1.48% on the day as on 12:49 IST on the NSE. The stock is down 7.4% in last one year as compared to a 11.18% gain in NIFTY and a 10.66% gain in the Nifty Financial Services index.

03 Jan 2025, 01:05 pm

SBI Card achieves 2 cr cards in force milestone

Records 25% CAGR of cards in force

06 Dec 2024, 07:18 pm

SBI Cards & Payment Services Ltd Stock Analysis

Annual revenue for SBI Cards & Payment Services Ltd increased by 22.38% to ₹17,483.50 crore in FY 2024 from ₹14,285.67 crore in FY 2023.
Annual Net Profit for SBI Cards & Payment Services Ltd increased by 6.62% to ₹2,407.88 crore in FY 2024 from ₹2,258.47 crore in FY 2023.
Promoter Shareholding in SBI Cards & Payment Services Ltd decreased by 0.01% in the most recent quarter, from 68.61% in September 2024 to 68.60% in December 2024.
SBI Cards & Payment Services Ltd delivered a 1-year return of 4.48% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
SBI Cards & Payment Services Ltd share price moved down by 1.05% from its previous close of INR ₹762.60. The latest SBI Cards & Payment Services Ltd share price is INR ₹754.60.
SBI Cards & Payment Services Ltd share price today has been at a low of 746.30 and a high of 764.20. Over the past 52 weeks, the SBI Cards & Payment Services Ltd share price has seen a low of 647.95 and a high of 817.40.

About SBI Cards & Payment Services Ltd

The leading credit card and digital payment solutions provider in India is SBI Cards and Payment Services Ltd. The company was established in 1998 as a subsidiary of the State Bank of India (SBI). Its headquarters is located in Gurugram, Haryana. SBI Cards has solidified its position in the financial services sector by offering a diverse range of credit card products.

The State Bank of India is the primary promoter, holding 68.61% of the company's promoter shareholding. This significant ownership provides SBI Cards with strong financial strength, market credibility, and an extensive operational network. Leveraging its parent bank's reputation, the company has successfully carved out a prominent space in India's competitive financial technology landscape.

With its comprehensive suite of payment solutions and strong institutional backing, SBI Cards continues to be a key player in transforming digital payment experiences across the country.

SBI Cards' main products include a diverse range of credit cards catering to various customer segments. This has helped them position themselves as the second-largest credit card issuer in India, with a significant market share in the credit card ecosystem. SBI Cards is not the absolute largest player by market capitalization. However, it is a dominant force in the credit card and payment services segment.

The registered office of SBI Cards and Payment Services Ltd. is located at Netaji Subhash Place, Wazirpur, New Delhi-110034, India. The company’s registrar and transfer agent is Link Intime India Private Limited. The company's leadership is comprised of experienced professionals. They bring extensive expertise in financial services.
The key managerial promoters of the company include:

Dinesh Kumar Khara
Abhijit Chakravorty
Rajendra Kumar Saraf
Dinesh Kumar Mehrotra
Anuradha Shripad Nadkarni

The management team is responsible for driving the company's strategic vision and maintaining operational excellence. They also ensure continuous innovation in credit card and payment solutions.

With its strong business model, strong parentage, and innovative approach, SBI Cards and Payment Services Ltd. continues to be a significant player in India's credit card and digital payment ecosystem.

The success of the Company

Among all the current financial services, SBI Cards and Payment Services Ltd. has emerged as a remarkable success story, transforming the credit card and digital payment ecosystem in India. Since its inception, the company has navigated complex market dynamics and technological disruptions to establish itself as a leading financial services provider. Its success is a testament to its strategic vision, innovative approach, and ability to create value in an increasingly competitive financial marketplace.

Market Leadership and Innovative Product Development
The company's success fundamentally stems from its ability to develop innovative credit card products that cater to diverse customer segments. SBI Cards has created a comprehensive portfolio of credit cards ranging from entry-level to premium offerings. Thus, it has successfully addressed the varied financial needs of different consumer groups. The organization has continuously evolved its product lineup. They do this by introducing specialized cards for travel, lifestyle, and banking segments. This extensive product lineup enables the company to expand its market reach and customer base.

Digital Transformation and Technological Integration
SBI Cards has positioned itself at the forefront of digital financial innovation by seamlessly integrating advanced technological solutions into its core business model. The company has developed sophisticated digital platforms that offer seamless, secure, and user-friendly payment experiences. The organization has implemented advanced data analytics and created intuitive mobile applications. This has helped it transform how customers interact with credit card services

Customer-Centric Approach and Financial Inclusion
Beyond traditional business metrics, SBI Cards has distinguished itself through a profound commitment to customer-centric financial solutions. The company has developed credit products that go beyond transactional relationships. They do this by focusing on financial education and creating pathways for financial empowerment. Additionally, SBI Cards offers flexible credit solutions and provides comprehensive customer support. Thus, it has built a loyal customer base and contributed to broader financial inclusion objectives.

Risk Management and Operational Excellence
The company's success is underpinned by its sophisticated risk management capabilities. SBI Cards has developed advanced credit assessment mechanisms, leveraging data analytics and technological tools to minimize default risks while expanding credit accessibility. This balanced approach has enabled the organization to maintain healthy financial performance, manage credit risks effectively, and create sustainable growth strategies.

Ecosystem Expansion and Strategic Partnerships
SBI Cards has consistently expanded its ecosystem through strategic partnerships with merchants, financial institutions, and technology platforms. The company has also created integrated payment solutions, developed co-branded credit card programs, and established comprehensive merchant networks. This enables it to create multiple revenue streams and enhance its market positioning.

The success of SBI Cards and Payment Services Ltd. represents more than just financial achievement; it embodies a transformative journey of contributing to India's digital financial ecosystem. The organization's success story is characterized by its ability to continuously adapt, innovate, and create meaningful financial solutions that address the evolving needs of Indian consumers.