SBI CARDS AND PAYMENT SERVICES LIMITED
₹526.50-₹13.50 (-2.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹81,669 Cr
- P/E
- 42.6x
- Revenue
- ₹18,074 Cr
- ROCE
- 10.5%
Price chart
Technical chartScreen technicals →-40.6% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -8.8%
- 3M
- -19.9%
- 6M
- -18.2%
- 1Y
- -40.6%
- 5Y
- -53.0%
52-week range
Day change -₹13.50 (-2.5%) from ₹540 to ₹527 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in SBICARD, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Large-cap with ₹81.7K Cr market capitalisation
Concerns1
- Negative free cash flow (₹4631 Cr)
Rule-based from financial data. Not advice.
About the company
SBI Cards and Payment Services Limited, a non-banking financial company, provides credit cards to individual and corporate customers in India. The company offers corporate, central travel, utility, and corporate purchase and virtual cards. It also acts as a corporate insurance agent for selling insurance policies to credit card customers. SBI Cards and Payment Services Limited was incorporated in 1998 and is headquartered in Gurugram, India. SBI Cards and Payment Services Limited operates as a subsidiary of State Bank of India.
- Sector
- Financial Services
- Shares outstanding
- 95.2 Cr shares
- ISIN
- INE018E01016
- BSE code
- 543066
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹81,669 Cr
- P/E
- 42.6x
- P/B
- 5.5x
- Earnings yield
- 2.3%
- 52-week high
- ₹938.40
- 52-week low
- ₹526.50
Profitability
- ROE
- 13.9%
- ROCE
- 10.5%
- Dividend payout
- 10.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 15.4%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹18,074 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 6.4%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹498 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -19.0%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -20.4%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.1%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹5,653 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -15.3%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹55.0 Cr
Solvency and efficiency
- CFO / Net profit
- -2.35
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹11 was left as net profit.
| From | To | Amount |
|---|---|---|
| Revenue | Interest paid | ₹3,178 Cr |
| Revenue | Expenses | ₹12,732 Cr |
| Revenue | Financing profit | ₹2,164 Cr |
| Financing profit | Depreciation | ₹147 Cr |
| Financing profit | Profit before tax | ₹2,017 Cr |
| Other income | Profit before tax | ₹563 Cr |
| Profit before tax | Tax and other | ₹665 Cr |
| Profit before tax | Net profit | ₹1,916 Cr |
Revenue and net profit
Revenue grew 6.4% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹9,301 Cr | ₹985 Cr |
| FY2022 | ₹10,679 Cr | ₹1,616 Cr |
| FY2023 | ₹13,670 Cr | ₹2,258 Cr |
| FY2024 | ₹16,986 Cr | ₹2,408 Cr |
| FY2025 | ₹18,074 Cr | ₹1,916 Cr |
Cash flows
FY2025: -₹2,140 Cr from operations, -₹4,631 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹692 Cr | -₹305 Cr |
| FY2022 | -₹4,391 Cr | -₹4,929 Cr |
| FY2023 | -₹6,671 Cr | -₹7,592 Cr |
| FY2024 | -₹5,653 Cr | -₹6,908 Cr |
| FY2025 | -₹2,140 Cr | -₹4,631 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹18,074 Cr+6.4%1Y
- Net profit
- ₹1,916 Cr-20.4%1Y
- Cash from operations
- -₹2,140 Cr
- Free cash flow
- -₹4,631 Cr
- Revenue CAGR, 5Y
- 12.8%
- EBITDA CAGR, 5Y
- 1.1%
- Net profit CAGR, 5Y
- 14.1%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹18,074 Cr | ₹2,164 Cr | — | ₹1,916 Cr | -₹2,140 Cr | -₹4,631 Cr | — | +6.4% | -20.4% |
Monthly returns
Month-by-month returns of SBICARD across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹65,546 Cr |
| Equity capital | ₹951 Cr |
| Reserves | ₹12,830 Cr |
| Borrowings | ₹44,947 Cr |
| Other liabilities | ₹6,817 Cr |
| Assets | ₹65,546 Cr |
| Fixed assets | ₹320 Cr |
| Capital work in progress | ₹10 Cr |
| Investments | ₹6,235 Cr |
| Other assets | ₹58,980 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
SBICARD trades at 42.6x earnings against a peer median of 26.9x (a 58% premium).
Not shown (no positive earnings and no EV / Sales): One 97 Communications Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| SBI CARDS AND PAYMENT SERVICES LIMITEDSBICARDthis companyP/E ↑ premium | ₹81,669 Cr | 42.6x | 5.5x | 13.9% | — |
| ICICI Lombard General Insurance Company LimitedICICIGI | ₹93,966 Cr | 34.4x | 5.7x | 17.3% | 33.9x |
| Aditya Birla Capital LtdABCAPITAL | ₹91,754 Cr | 32.1x | 3.4x | 11.7% | 15.7x |
| One 97 Communications LimitedPAYTM | ₹81,975 Cr | — | 6.4x | -6.1% | -109.4x |
| Bajaj Housing Finance LimitedBAJAJHFL | ₹78,507 Cr | 33.2x | 3.7x | — | — |
| AU Small Finance Bank LimitedAUBANK | ₹72,691 Cr | 33.4x | 4.0x | 12.3% | — |
| L&T Finance LimitedLTF | ₹72,200 Cr | 27.0x | 2.8x | 10.3% | 15.4x |
| Yes Bank Ltd.YESBANK | ₹71,482 Cr | 25.5x | 1.5x | 5.0% | — |
| IDFC FIRST BANK LIMITEDIDFCFIRSTB | ₹71,318 Cr | 48.9x | 1.3x | 4.0% | — |
| Peer median | — | 26.9x | 2.8x | 12.3% | 33.9x |
Year-to-date ROI
SBICARD since 1 January, against earlier years.
Historical volatility
SBICARD's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 11.0% |
| FY2022 | 16.0% |
| FY2023 | 19.0% |
| FY2024 | 17.0% |
| FY2025 | 12.0% |
| Line | FY2025 |
|---|---|
| Revenue | ₹18,074 Cr |
| Costs | |
| Interest | ₹3,178 Cr |
| Expenses | ₹12,731 Cr |
| Financing profitFinancing Profit | ₹2,164 Cr |
| Financing marginFinancing Margin % | 12.0% |
| Other income and charges | |
| Profit before tax | ₹2,581 Cr |
| Tax | |
| Net profitNet Profit | ₹1,916 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹65,546 Cr |
| Equity capitalEquity Capital | ₹951 Cr |
| Reserves | ₹12,830 Cr |
| BorrowingsBorrowing | ₹44,947 Cr |
| Other liabilitiesOther Liabilities | ₹6,817 Cr |
| AssetsTotal Assets | ₹65,546 Cr |
| Fixed assetsFixed Assets | ₹320 Cr |
| Capital work in progressCWIP | ₹10 Cr |
| Investments | ₹6,235 Cr |
| Other assetsOther Assets | ₹58,980 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹2,140 Cr |
| Investing cash flowCash from Investing Activity | -₹2,491 Cr |
| Financing cash flowCash from Financing Activity | ₹4,687 Cr |
| Change in cashNet Cash Flow | ₹55 Cr |
Learn while you research
Academy chapters picked for SBI CARDS AND PAYMENT SERVICES LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 42.6, learn when high multiples are justified.6 min read
- 04 Sector AnalysisBanks & financials are uniquely sensitive to rates and credit cycles.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read