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Fundamentals for SBI Cards and Payment Services Limited
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Fundamentals for SBI Cards and Payment Services Limited
Business Operations:
Sector: Financial ServicesIndustry: Credit Services
SBI Cards and Payment Services Limited, a non-banking financial company, issues credit cards to individual and corporate customers in India. The company also acts as corporate insurance agent for selling insurance policies to credit card customers. In addition, it offers corporate cards, central travel cards, utility cards, and purchase and virtual cards. The company was incorporated in 1998 and is based in Gurugram, India. SBI Cards and Payment Services Limited operates as a subsidiary of State Bank of India.
Revenue projections:
SBI Cards and Payment Services Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 21.127000 |
|---|---|
| forwardPE | 22.700611 |
| debtToEquity | 332.839000 |
| earningsGrowth | 0.099000 |
| revenueGrowth | 0.201000 |
| grossMargins | 0.532830 |
| operatingMargins | 0.206230 |
| trailingEps | 20.190000 |
| forwardEps | 33.944020 |
SBICARD's current ratio is 21.127, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as SBICARD should not face any issues meeting its short-term liabilities with available resources.
SBICARD's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
SBI Cards and Payment Services Limited's high debt-to-equity ratio indicates that the company is heavily leveraged. This suggests a significant reliance on debt to finance its operations, which could expose the company to higher financial risks if its cash flow or profitability decreases.
SBI Cards and Payment Services Limited's positive gross and operating margins indicate that the company is performing profitably. These margins reflect efficient cost control and revenue generation, signaling a strong financial foundation for continued success.
SBICARD's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with SBICARD anticipated to deliver better earnings than it did in the prior year.
Price projections:
The price of SBI Cards and Payment Services Limited has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.
Recommendation changes over time:
The recent sell bias from analysts on SBICARD suggests investors should be cautious. However, it's a good idea to base decisions on a broader range of market indicators to gain a more complete and accurate view of the stock's potential performance in the near term.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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