SBI Cards and Payment Services Ltd
SBICARDSBI Cards and Payment Services Ltd
SBICARD
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 29.46 | 5.39 | 0.37% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.34 | 2.41 | 1.00% |
Forecast & Ratings
Detailed Forecast from 18 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
SBI Cards and Payment Services Private Limited is an India-based company engaged on marketing and distribution of credit cards.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,492.18 | 3,471.04 | 5,370.19 | 7,286.85 | 9,752.29 | 9,713.58 | 11,301.52 | 14,285.67 | 17,483.50 | 18,254.58 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 15,082.32 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 79.17 | 95.31 | 193.09 | 378.93 | 468.38 | 491.58 | 472.71 | 561.89 | 569.69 | |||||||||||
| Selling & Administrative Expenses | — | — | — | — | — | — | — | — | — | |||||||||||
| Operating & Other expenses | 1,973.99 | 2,799.32 | 4,233.27 | 5,517.62 | 7,450.47 | 7,775.01 | 8,508.09 | 10,529.40 | 13,485.26 | |||||||||||
EBITDA | 439.02 | 576.41 | 943.83 | 1,390.30 | 1,833.44 | 1,446.99 | 2,320.72 | 3,194.38 | 3,428.55 | 3,172.26 | ||||||||||
| Depreciation/Amortization | 0.84 | 4.79 | 24.49 | 55.22 | 103.80 | 123.26 | 148.56 | 163.81 | 196.75 | 202.13 | ||||||||||
| PBIT | 438.18 | 571.62 | 919.34 | 1,335.08 | 1,729.64 | 1,323.73 | 2,172.16 | 3,030.57 | 3,231.80 | 2,970.13 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 438.18 | 571.62 | 919.34 | 1,335.08 | 1,729.64 | 1,323.73 | 2,172.16 | 3,030.57 | 3,231.80 | 2,970.13 | ||||||||||
| Taxes & Other Items | 154.28 | 198.76 | 318.21 | 470.12 | 484.82 | 339.21 | 556.02 | 772.10 | 823.92 | 759.81 | ||||||||||
| Net Income | 283.90 | 372.86 | 601.13 | 864.96 | 1,244.82 | 984.52 | 1,616.14 | 2,258.47 | 2,407.88 | 2,210.32 | ||||||||||
| EPS | 3.62 | 4.75 | 7.66 | 10.66 | 14.02 | 10.48 | 17.16 | 23.91 | 25.39 | 23.24 | ||||||||||
| DPS | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 0.00 | 2.50 | 2.50 | 2.50 | 2.50 | ||||||||||
| Payout ratio | 0.28 | 0.21 | 0.00 | 0.09 | 0.07 | 0.00 | 0.15 | 0.10 | 0.10 | 0.11 |
Company Updates
Peers & Comparison
FinancialsPayment Infrastructure
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| SBI Cards and Payment Services Ltd | 27.04 | 5.39 | 0.37% |
| Bartronics India Ltd | 420.01 | 22.02 | — |
Price Comparison
Compare SBICARD with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding SBI Cards and Payment Services Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
ICICI Prudential Multi-Asset Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.6698% | Percentage of the fund’s portfolio invested in the stock 2.15% | Change in the portfolio weight of the stock over the last 3 months -0.28% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/213 (0) |
ICICI Prudential Large & Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7358% | Percentage of the fund’s portfolio invested in the stock 2.80% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/119 (+2) |
ICICI Prudential Value Discovery Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6771% | Percentage of the fund’s portfolio invested in the stock 0.90% | Change in the portfolio weight of the stock over the last 3 months -0.19% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/101 (-6) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMar 28, 2024
Dividend/Share
₹2.50
Ex DateEx Date
Mar 28, 2024
Cash Dividend
Ex DateEx DateMar 29, 2023
Dividend/Share
₹2.50
Ex DateEx Date
Mar 29, 2023
Cash Dividend
Ex DateEx DateMar 30, 2022
Dividend/Share
₹2.50
Ex DateEx Date
Mar 30, 2022
Cash Dividend
Ex DateEx DateMay 15, 2020
Dividend/Share
₹1.00
Ex DateEx Date
May 15, 2020
However, total revenue from operations stood at Rs 4,421.04 crore in the second quarter of FY25, up 8.16% year on year. Interest income jumped 20.40% to Rs 2,289.74 crore in Q2 FY25 from Rs 1,901.75 crore in Q2 FY24. Non-interest income (fees, commission & others) fell by 0.84% to Rs 1,957.31 crore in Q2 FY25 from Rs 1,973.94 crore in Q2 FY24. Finance costs climbed 30.22% YoY to Rs 787.68 crore while total operating cost declined 3% YoY to Rs 2,011crore during the period under review. Impairment on financial instruments jumped 63.34% to Rs 1,212 crore in Q2 FY25 from Rs 742 crore in Q2 FY24. The firm's return on average assets (ROAA) and return on average equity (ROAE) stood at 2.7% and 12.5%, respectively in the quarter ended 30 September 2024. On asset quality front, gross non-performing assets were at 3.27% of gross advances as of 30 September 2024 as against 2.43% as of 30 September 2023. Net non-performing assets were at 1.19% as of 30 September 2024, as against 0.89% as of 30 September 2023. As of 30 September 2024, the company's CRAR was 22.1% compared to 23.3% as of 30 September 2023. Tier I capital was 16.3% as of 30 September 2024, compared to 20.8% as of 30 September 2023. Total advances (net of provisions) as of 30 September 2024 stood at Rs 53,596 crore as compared with Rs 49,079 crore as of 30 September 2023. Net worth as of 30 September 2024 was at Rs 13,161 crore as against Rs 12,156 crore as of 30 September 2023. SBI Cards and Payment Services (SBI Card) is a non-banking financial company that offers extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel & fuel, and banking partnerships cards along with corporate cards covering all major cardholders' segments in terms of income profile and lifestyle. The brand has a wide base of over 19.5 MM+ cards in force as of Q2 FY25. It has diversified customer acquisition network that enables to engage prospective customers across multiple channels. SBI Card is a technology driven company. Shares of SBI Cards and Payment Services rallied 2.91% to close at Rs 686.90 on the BSE.Powered by Capital Market - Live
Net profit of SBI Cards & Payment Services declined 32.93% to Rs 404.42 crore in the quarter ended September 2024 as against Rs 602.98 crore during the previous quarter ended September 2023. Sales rose 8.16% to Rs 4421.04 crore in the quarter ended September 2024 as against Rs 4087.33 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4421.044087.33 8 OPM %28.2432.47 - PBDT595.56856.19 -30 PBT545.21809.39 -33 NP404.42602.98 -33 Powered by Capital Market - Live
SBI Cards & Payment Services has allotted 36,500 equity shares under ESOP on 23 October 2024. With this allotment, the paid up equity share capital has increased to Rs. 9,51,30,42,740 /- consisting of 95, 13,04,274 equity shares of Rs. 10/- each.Powered by Capital Market - Live
SBI Cards & Payment Services Ltd is down for a fifth straight session today. The stock is quoting at Rs 730, down 1.77% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.93% on the day, quoting at 24780.85. The Sensex is at 81006.87, down 0.83%.SBI Cards & Payment Services Ltd has lost around 9.02% in last one month.Meanwhile, Nifty Financial Services index of which SBI Cards & Payment Services Ltd is a constituent, has eased around 1.74% in last one month and is currently quoting at 23621.8, down 1.32% on the day. The volume in the stock stood at 9.25 lakh shares today, compared to the daily average of 20.71 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 735.2, down 1.74% on the day. SBI Cards & Payment Services Ltd tumbled 6.79% in last one year as compared to a 27% rally in NIFTY and a 18.96% spurt in the Nifty Financial Services index.The PE of the stock is 29.3 based on TTM earnings ending June 24.Powered by Capital Market - Live
The Board of SBI Cards & Payment Services at its meeting held on 18 September 2024 has approved raising of funds by way of issuance of Non-Convertible Debentures (NCDs) aggregating to Rs. 5,000 crore in one or more tranches, on private placement basis.Powered by Capital Market - Live
SBI Cards & Payment Services will hold a meeting of the Board of Directors of the Company on 18 September 2024.Powered by Capital Market - Live
The company will raise funds through issuance of non-convertible debentures (NCDs) through private placement, in one or more tranches over a period of time. SBI Cards and Payment Services is a non-banking financial company that offers extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel & fuel, and banking partnerships cards along with corporate cards covering all major cardholders' segments in terms of income profile and lifestyle. The brand has a wide base of around 18.5 MM+ cards in force. SBI Cards and Payment Services' net profit rose marginally to Rs 594.45 crore in Q1 FY25 as against Rs 593.31 crore in Q1 FY24. Total income increased 10.8% YoY to Rs 4,482.59 crore in June 2024 quarter. The scrip rose 0.74% to close at Rs 802.15 on Thursday, 12 September 2024.Powered by Capital Market - Live
SBI Cards & Payment Services Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 769.3, up 0.1% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 25185.05. The Sensex is at 82289.75, down 0.08%. SBI Cards & Payment Services Ltd has risen around 10.11% in last one month. Meanwhile, Nifty Financial Services index of which SBI Cards & Payment Services Ltd is a constituent, has risen around 5.95% in last one month and is currently quoting at 23834.05, up 0.11% on the day. The volume in the stock stood at 10.4 lakh shares today, compared to the daily average of 17.14 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 771.5, up 0.47% on the day. SBI Cards & Payment Services Ltd is down 7.66% in last one year as compared to a 28.42% spurt in NIFTY and a 20.75% spurt in the Nifty Financial Services index.The PE of the stock is 30.26 based on TTM earnings ending June 24.Powered by Capital Market - Live
SBI Cards & Payment Services Ltd is up for a third straight session in a row. The stock is quoting at Rs 772.85, up 3.83% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 25264.95. The Sensex is at 82513.56, down 0.06%. SBI Cards & Payment Services Ltd has added around 10.04% in last one month. Meanwhile, Nifty Financial Services index of which SBI Cards & Payment Services Ltd is a constituent, has added around 3.99% in last one month and is currently quoting at 23727.55, down 0.24% on the day. The volume in the stock stood at 52.43 lakh shares today, compared to the daily average of 12.87 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 775.55, up 3.72% on the day. SBI Cards & Payment Services Ltd is down 8.19% in last one year as compared to a 29.37% gain in NIFTY and a 19.62% gain in the Nifty Financial Services index.The PE of the stock is 29.37 based on TTM earnings ending June 24.Powered by Capital Market - Live
SBI Cards & Payment Services Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 737.7, up 0.13% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 25098.9. The Sensex is at 81934.07, up 0.27%. SBI Cards & Payment Services Ltd has risen around 4.21% in last one month. Meanwhile, Nifty Financial Services index of which SBI Cards & Payment Services Ltd is a constituent, has risen around 1% in last one month and is currently quoting at 23578.8, down 0.13% on the day. The volume in the stock stood at 10.72 lakh shares today, compared to the daily average of 13.21 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 739, up 0.06% on the day. SBI Cards & Payment Services Ltd is down 10.53% in last one year as compared to a 29.76% spurt in NIFTY and a 18.93% spurt in the Nifty Financial Services index.The PE of the stock is 29.08 based on TTM earnings ending June 24.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 19.13%, vs industry avg of 18.97%
Increasing Market Share
Over the last 5 years, market share increased from 99.07% to 99.71%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 22.72%, vs industry avg of 24.7%