- Next results date: the board meets on 23 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹51,917 Cr161st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 22.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 Apr 2026
- 3.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.46%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 15.4%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 11.24%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 6.90%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 9.11%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 3.29%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 4.47times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 28,31,36325.1% delivered
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 23 Oct
- Income from operationsIncome from operations. The pill is the change in income from operations against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹5,141 Crup 1.98%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹778 Crup 17.03%
Income from operations by year
Net profit by year, a loss in red
| ₹ crore | Dec 2024Filed 30 Jan | Mar 2025Filed 25 Apr | Jun 2025Filed 25 Jul | Sep 2025Filed 24 Oct | Dec 2025Filed 28 Jan | Mar 2026Filed 27 Apr | Jun 2026Filed 24 Jul | Sep 2026Filed 23 Oct |
|---|---|---|---|---|---|---|---|---|
| Income from operations | 4,619 | 4,674 | 4,877 | 4,961 | 5,127 | 4,935 | 5,041 | 5,141 |
| Net profit | 383 | 534 | 556 | 445 | 557 | 609 | 664 | 778 |
Business segments
In the year to Mar 2026 the company reports one business segment, CREDIT CARD BUSINESS, which carries all its revenue.
Valuation
Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer.PE ratio and valuation history
At or below today's level on 0.1% of 1,237 trading days over the last 5 years.
At or below today's level on 0.1% of 1,237 trading days over the last 5 years.
At or below today's level on 100% of 1,231 trading days over the last 5 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −27.5% | +13.0% | −36.2% | 0.4% |
| 3 years | −4.6% | −1.6% | −3.4% | 0.3% |
| 5 years | −7.0% | +16.8% | −20.6% | 0.3% |
Mutual funds holding it
144 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 77 of the 95 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 5
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 13
- AddedAdded. Funds that held more shares than at the end of the month before.
- 56
- CutCut. Funds that held fewer shares than at the end of the month before.
- 39
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 28
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 6
| Fund | |||
|---|---|---|---|
 ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund | 2,66,35,917 | 4.87% | ₹1,539.7 Cr |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 2,09,10,198 | 1.44% | ₹1,208.7 Cr |
| ICICI Prudential India Opportunities FundICICI Prudential Mutual Fund | 76,22,846 | 1.21% | ₹440.6 Cr |
 Nippon India Multi Cap FundNippon India Mutual Fund | 65,52,665 | 0.70% | ₹378.8 Cr |
| ICICI Prudential Banking and Financial Services FundICICI Prudential Mutual Fund | 57,51,671 | 3.09% | ₹332.5 Cr |
| Nippon India Focused FundNippon India Mutual Fund | 46,77,569 | 3.35% | ₹270.4 Cr |
 Tata Large & Mid Cap FundTata Mutual Fund | 46,00,000 | 3.67% | ₹265.9 Cr |
| Nippon India Large Cap FundNippon India Mutual Fund | 43,39,814 | 0.49% | ₹250.9 Cr |
| Nippon India Banking & Financial Services FundNippon India Mutual Fund | 42,76,669 | 3.36% | ₹247.2 Cr |
 SBI Large & Midcap FundSBI Mutual Fund | 30,80,000 | 0.44% | ₹178.0 Cr |
Peers and competitors
Non Banking Financial Company (NBFC), 281 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to SBI Cards and Payment Services in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
 Shriram FinanceSHRIRAMFIN | 2,03,538 | 18.0 | – | – | +14.2% | +16.8% | 18.5% | – | 3.26% | 9.00% | 1.25% |
 Tata CapitalTATACAP | 1,30,211 | 24.1 | 2.8 | – | – | – | 11.8% | – | – | – | 0.19% |
 Cholamandalam Investment and Finance CompanyCHOLAFIN | 1,25,522 | 21.8 | 4.1 | – | +19.6% | +29.1% | 21.3% | – | 2.34% | 6.79% | 0.14% |
 Muthoot FinanceMUTHOOTFIN | 95,268 | 8.4 | 2.4 | – | +50.7% | +84.8% | 33.2% | – | 6.46% | 12.81% | 1.26% |
 Piramal FinancePIRAMALFIN | 44,354 | 23.4 | 1.4 | – | – | – | 6.5% | – | – | – | 0.59% |
 Sundaram FinanceSUNDARMFIN | 44,233 | 19.9 | 3.0 | – | +13.7% | +15.6% | 15.8% | – | 2.56% | 4.60% | 1.00% |
 Authum Investment & InfrastructureAIIL | 42,185 | 20.1 | 2.9 | 18.4 | −34.5% | −48.8% | 14.2% | 13.3% | – | – | 0.00% |
 HDB Financial ServicesHDBFS | 41,943 | 14.2 | 1.9 | – | – | – | 14.3% | – | – | – | 0.79% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 11 Mar 2026 | Interim | ₹2.50 |
| 25 Feb 2025 | Interim | ₹2.50 |
| 28 Mar 2024 | Interim | ₹2.50 |
| 29 Mar 2023 | Interim | ₹2.50 |
| 30 Mar 2022 | Interim | ₹2.50 |
| 15 May 2020 | Interim | ₹1.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
23 Oct · Rating
19 Oct · Analysts
SBI Cards and Payment Services share price by year
Each calendar year to 2025.SBI Cards and Payment Services share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 861.70 | +29.8% | 1,017.00 | 677.80 |
| 2024 | 663.85 | −12.6% | 805.20 | 663.85 |
| 2023 | 759.65 | −4.5% | 927.70 | 699.35 |
| 2022 | 795.50 | −14.3% | 1,000.80 | 675.10 |
| 2021 | 928.15 | +9.1% | 1,140.75 | 852.85 |
| 2020 | 851.05 | – | 900.20 | 498.75 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 568.00 | 569.45 | 525.00 | 545.55 | 550.31 | 28,31,363 | 25.1% |
| 22 Oct 2026 | 554.45 | 571.15 | 545.55 | 566.30 | 563.08 | 9,58,486 | 37.0% |
| 21 Oct 2026 | 567.50 | 571.15 | 551.10 | 557.95 | 555.15 | 9,45,380 | 57.4% |
| 19 Oct 2026 | 566.30 | 581.40 | 565.30 | 567.40 | 574.92 | 15,01,957 | 30.2% |
| 16 Oct 2026 | 573.20 | 575.85 | 561.25 | 564.20 | 567.76 | 7,16,744 | 53.8% |
| 15 Oct 2026 | 566.00 | 578.75 | 564.25 | 573.20 | 573.86 | 10,22,687 | 65.8% |
| 14 Oct 2026 | 572.00 | 572.00 | 564.10 | 568.00 | 567.44 | 7,78,170 | 52.4% |
| 13 Oct 2026 | 559.00 | 572.55 | 557.45 | 572.30 | 567.53 | 4,93,362 | 26.5% |
| 12 Oct 2026 | 562.10 | 569.55 | 558.00 | 558.70 | 562.67 | 3,73,734 | 39.2% |
| 9 Oct 2026 | 552.95 | 565.80 | 552.85 | 562.00 | 561.27 | 7,90,400 | 35.7% |
About SBI Cards and Payment Services
SBI Cards and Payment Services Limited issues credit cards in India. It is a pure-play credit card company, the first and only one listed on Indian stock exchanges. It serves retail and corporate cardholders and had about 2.21 crore cards in force at March 2026. It has 4,218 employees.
Its cards fall into two groups: core cards and co-brand cards. Co-brand cards are issued with partners such as Flipkart, Reliance, Titan and IRCTC, and with banks such as Bank of Maharashtra and UCO Bank. The BPCL SBI Card has crossed 5 million cards. Its SBI Card SPRINT service issues instant cards, and more than 10 lakh have been issued to date. Cardholders can also use a virtual assistant called Ask ILA, and book flights, hotels and bus tickets through its mobile app. Its card systems are accredited under PCI-DSS 4.0, ISO 27001 and ISO 31000.
The company is headquartered in Gurugram, Haryana, and its registered office is in New Delhi. It was incorporated in 1998. It has no subsidiaries, and its shares are listed on the BSE and NSE.
State Bank of India (SBI) is its promoter and holding company. A promoter is the person or group that set up a company or controls it. As of March 2026, SBI held 68.58 per cent of the equity directly, and 68.92 per cent including shares held by its own subsidiaries. The company does not hold any shares in SBI.
- Legal name
- SBI Cards and Payment Services Limited
- NSE symbol
- SBICARD
- BSE code
- 543066
- ISIN
- INE018E01016
- Industry
- Finance
- Listed
- Mar 2020
- Face value
- ₹10
- CIN
- L65999DL1998PLC093849
- Corporate identity number, the registrar of companies' code for it