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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:
Revenues for SBICARD are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 19.959000 |
|---|---|
| forwardPE | 17.251469 |
| debtToEquity | 280.206000 |
| earningsGrowth | 0.139000 |
| revenueGrowth | 0.186000 |
| grossMargins | 0.244610 |
| operatingMargins | 0.261170 |
| trailingEps | 22.760000 |
| forwardEps | 36.243290 |
SBI Cards and Payment Services Limited's current ratio 19.959, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, SBI Cards and Payment Services Limited can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
SBICARD's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
SBICARD's elevated debt-to-equity ratio suggests the company is highly leveraged, meaning it has significant debt compared to equity. This can be risky, particularly if SBICARD's cash flow or profits decrease, making it harder to meet debt obligations.
SBICARD's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that SBICARD is expected to continue expanding its business and boosting its financial performance in the coming periods.
SBI Cards and Payment Services Limited'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 SBI Cards and Payment Services Limited anticipated to deliver better earnings than it did in the prior year.
Price projections:
Price projections for SBICARD have been revised downward over time, signaling decreasing optimism about the company's outlook. Analysts appear to be adjusting their expectations as concerns about future performance grow.
Recommendation changes over time:
A recent sell bias from analysts toward SBI Cards and Payment Services Limited suggests caution, but investors should look beyond this sentiment. It's advisable to consider a broad range of market indicators to make well-informed decisions, ensuring a deeper understanding of the stock's potential and market behavior.
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