| Margins | ROAA at 3.9% (up 51 bps YoY); NIM at 10.8%. |
|---|---|
| Demand visibility | Strong; new accounts crossed 1Mn in Q1 FY27. |
Growth
Revenue from operations grew 3% YoY to ₹5,041 Cr. PAT increased 20% YoY and 9% QoQ.
Outlook
Focus on recycled plastic cards (25% target by FY30) and 50% Scope 2 emission reduction by FY27.
Risks
Cost to income ratio rose to 58.7% (up 846 bps YoY). Yields compressed 102 bps YoY.
Last quarter's promises, checked
Delivered
- Guided 9L-10L new accounts → delivered 1Mn+ (= BEAT)
- Guided reducing credit cost trend → delivered <7% (= BEAT)
- Guided GNPA reduction → delivered 2.04% vs 2.41% (= BEAT)
Partly delivered
- Guided ROA 4-4.5% medium term → delivered 3.9% (= PARTIAL)
Missed
- Guided NIM to remain stable → delivered 10.8% vs 11.1% (= MISS)
- Guided Cost/Income 55-58% → delivered 58.7% (= MISS)
Investor Presentation filed with NSE, NSE: SBICARD. Summary written with AI assistance from the document.
SBI Cards and Payment Services Ltd: key numbers
- Share price
- ₹556.10
- Market cap
- ₹52,921 Cr
- Revenue (annual)
- ₹19,900 Cr
- Net profit (annual)
- ₹2,167 Cr
- P/E (TTM)
- 23.3×Sector 21.9×
- Promoter holding
- 68.86%-0.06% QoQ
- FII holding
- 8.98%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from SBI Cards and Payment Services Ltd
All →SBI Cards and Payment Services Employee Stock Options
SBI Cards and Payment Services Ltd allotted 685 equity shares under its 2023 ESOP Plan. The shares were issued at an exercise price of Rs. 10 per share.
SBI Cards and Payment Services Product Launch
SBI Card launched a 100% digital journey on the SBI YONO platform, enabling customers to easily apply for secured credit cards backed by fixed deposits.
SBI Cards and Payment Services Other Announcement
SBI Cards received an ESG rating of 76.31 from Niche Ninety Nine, a SEBI-registered ESG Rating Provider. The rating was disclosed under Regulation 30 of SEBI LODR Regulations.
SBI Cards and Payment Services Other Announcement
SBI Card has been assigned an ESG score of 66 by ESG Risk Assessments & Insights Limited.
SBI Cards and Payment Services Annual General Meeting
SBI Cards and Payment Services Ltd. held its 28th Annual General Meeting on August 31, 2026. The meeting transacted business including dividend confirmation and financial statement adoption.
SBI Cards and Payment Services Capital Structure Change
ICICI Prudential Mutual Fund acquired shares of SBI Cards and Payment Services Ltd via open market transactions. The fund's stake now stands at 7.30%.