| Revenue growth | 3% YoY in Q1 FY27. |
|---|---|
| Margins | Net interest margin at 10.8%; portfolio yield at 16%. |
| Demand visibility | Strong retail spending expected to continue; festive season uptick anticipated in Q3. |
| Management confidence | High; confident in delivering profitable growth and strengthening market position in FY27. |
Growth
Revenue grew 3% YoY to INR5,205Cr. Cards in force reached 2.26 crores, up 7% YoY.
Outlook
Targeting ROA of 4% to 4.5% in medium term. Cost-to-income ratio expected between 56% to 58% for FY27.
Risks
Geopolitical uncertainties affecting fuel prices and inflation; potential impact from Middle East conflict on asset quality.
Last quarter's promises, checked
Delivered
- Guided 9L-10L new accounts → delivered 1M+ (= BEAT)
- Guided cost-to-income 55%-58% → delivered 57.2% (= BEAT)
- Guided credit cost moderation → delivered 6.5% vs 7.7% (= BEAT)
Missed
- Guided stable NIM → delivered 10.8% vs 11.1% (= MISS)
Earnings Call Transcript filed with BSE, NSE: SBICARD. Summary written with AI assistance from the document.
SBI Cards and Payment Services Ltd: key numbers
- Share price
- ₹611.20
- Market cap
- ₹58,164 Cr
- Revenue (annual)
- ₹19,900 Cr
- Net profit (annual)
- ₹2,167 Cr
- P/E (TTM)
- 25.6×Sector 22.0×
- Promoter holding
- 68.86%-0.06% QoQ
- FII holding
- 8.98%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from SBI Cards and Payment Services Ltd
All →SBI Cards and Payment Services Employee Stock Options
SBI Cards and Payment Services Ltd allotted 685 equity shares under its 2023 ESOP Plan. The shares were issued at an exercise price of Rs. 10 per share.
SBI Cards and Payment Services Product Launch
SBI Card launched a 100% digital journey on the SBI YONO platform, enabling customers to easily apply for secured credit cards backed by fixed deposits.
SBI Cards and Payment Services Other Announcement
SBI Cards received an ESG rating of 76.31 from Niche Ninety Nine, a SEBI-registered ESG Rating Provider. The rating was disclosed under Regulation 30 of SEBI LODR Regulations.
SBI Cards and Payment Services Other Announcement
SBI Card has been assigned an ESG score of 66 by ESG Risk Assessments & Insights Limited.
SBI Cards and Payment Services Investor Presentation: Key Takeaways
SBI Card reported Q1 FY27 PAT of ₹664 Cr, a 20% YoY increase, driven by improved credit costs. Business volumes grew with new accounts crossing 1Mn+ and spends reaching ₹118,475 Cr.
SBI Cards and Payment Services Q1 FY27 Results: Net Profit ₹664.4 Cr, Up 19.5% YoY
SBI Cards and Payment Services Ltd reported revenue from operations of ₹5,041 Cr (+3.4% YoY) and net profit of ₹664.4 Cr (+19.5% YoY) for Q1 FY27.
- Key figure
- Net profit ₹664.4 Cr · +19.5% YoY