SBI Cards and Payment Services Ltd.
NSE: SBICARD · Non Banking Financial Company (NBFC)
Snapshot
Unlock SBI Cards and Payment Services Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
SBI Cards and Payment Services Limited is a non-banking financial company that provides a comprehensive range of credit card products to individual and corporate clients in India. The company also operates as a corporate insurance agent, cross-selling insurance policies to its existing cardholder base.
Business Model
The company generates revenue primarily through interest income on revolving credit, merchant discount rates, and various card-related fees. Additionally, it earns commission income by acting as a corporate insurance agent for its customers.
Growth Outlook
Growth is driven by the increasing penetration of digital payments and credit card adoption within the Indian market. The company leverages its parentage with the State Bank of India to expand its customer acquisition reach.
Key Risks
- Credit Risk. The company faces potential losses from defaults on credit card repayments by individual and corporate customers.
- Regulatory Risk. Changes in Reserve Bank of India guidelines regarding credit card operations and interest rate caps could impact profitability.
- Market Competition. Intense competition from other banks and fintech players may lead to margin compression and higher customer acquisition costs.
- Economic Sensitivity. A slowdown in consumer spending and macroeconomic volatility can adversely affect credit card usage and transaction volumes.
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Key Metrics
REVENUE
₹20,063 Cr
TTM · standalone
NET PROFIT
₹2,275 Cr
TTM · standalone
EPS
₹23.90
TTM · standalone
RETURN ON EQUITY
15.4%
TTM · standalone
P/E
27.5x
Q1 FY27 · standalone
NET PROFIT MARGIN
13.2%
Q1 FY27 · standalone
Peers · Non Banking Financial Company (NBFC)
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
SBI Cards and Payment Services Ltd.SBICARD | ₹62,640 Cr | 27.54 | — | 7.9% | — | 15.4% | — | -17.0% |
L&T Finance Ltd.LTF | ₹78,673 Cr | 24.70 | — | 15.4% | — | 11.9% | — | +37.8% |
HDB Financial ServicesHDBFS | ₹56,688 Cr | 20.52 | — | — | — | 13.4% | — | -11.7% |
Mahindra & Mahindra Financial Services Ltd.M&MFIN | ₹51,936 Cr | 15.97 | — | 13.6% | — | 13.5% | — | +42.1% |
Sundaram Finance Ltd.SUNDARMFIN | ₹51,649 Cr | 23.08 | — | 13.7% | — | 15.8% | — | +3.4% |
Authum Investment & Infrastructure Ltd.AIIL | ₹44,151 Cr | 7.58 | — | -34.5% | — | 14.2% | — | -83.2% |
As of Q1 FY27
Financials
SBI Cards and Payment Services Ltd.
NSE: SBICARD · Non Banking Financial Company (NBFC)
Snapshot
Unlock SBI Cards and Payment Services Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
SBI Cards and Payment Services Limited is a non-banking financial company that provides a comprehensive range of credit card products to individual and corporate clients in India. The company also operates as a corporate insurance agent, cross-selling insurance policies to its existing cardholder base.
Business Model
The company generates revenue primarily through interest income on revolving credit, merchant discount rates, and various card-related fees. Additionally, it earns commission income by acting as a corporate insurance agent for its customers.
Growth Outlook
Growth is driven by the increasing penetration of digital payments and credit card adoption within the Indian market. The company leverages its parentage with the State Bank of India to expand its customer acquisition reach.
Key Risks
- Credit Risk. The company faces potential losses from defaults on credit card repayments by individual and corporate customers.
- Regulatory Risk. Changes in Reserve Bank of India guidelines regarding credit card operations and interest rate caps could impact profitability.
- Market Competition. Intense competition from other banks and fintech players may lead to margin compression and higher customer acquisition costs.
- Economic Sensitivity. A slowdown in consumer spending and macroeconomic volatility can adversely affect credit card usage and transaction volumes.
Start your research today
Unlock AI insights, financials, peers and live data on SBI Cards and Payment Services Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹20,063 Cr
TTM · standalone
NET PROFIT
₹2,275 Cr
TTM · standalone
EPS
₹23.90
TTM · standalone
RETURN ON EQUITY
15.4%
TTM · standalone
P/E
27.5x
Q1 FY27 · standalone
NET PROFIT MARGIN
13.2%
Q1 FY27 · standalone
Peers · Non Banking Financial Company (NBFC)
As of Q1 FY27