SBI Cards & Payment Services Ltd share price logo

SBI Cards & Payment Services Ltd (SBICARD)

₹743.61.74%

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Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 25 analysts

HOLD

24.00%

Buy

32.00%

Hold

44.00%

Sell

Based on 25 analysts offering long term price targets for SBI Cards & Payment Services Ltd. An average target of ₹760.6

Source: S&P Global Market Intelligence

SBI Cards & Payment Services Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹726.55
    ₹745
  • 52 Week's Low

    52 Week's High

    ₹647.95
    ₹892.85
1 Month Return+ 0.12 %
3 Month Return-2.48 %
1 Year Return-15 %
Previous Close₹730.85
Open₹734.50
Volume18.32L
Upper Circuit-
Lower Circuit-
Market Cap₹69,507.67Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹69,507.67 Cr
P/B Ratio5.37
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
ICICI Prudential Multi-Asset Fund Direct Plan GrowthICICI Prudential Multi-Asset Fund Direct Plan Growth2.47%
ICICI Prudential Value Discovery Fund Direct Plan GrowthICICI Prudential Value Discovery Fund Direct Plan Growth1.16%
ICICI Prudential Large & Mid Cap Fund Direct Plan GrowthICICI Prudential Large & Mid Cap Fund Direct Plan Growth2.96%
ICICI Prudential ELSS Tax Saver Fund Direct Plan GrowthICICI Prudential ELSS Tax Saver Fund Direct Plan Growth2.77%
ICICI Prudential India Opportunities Fund Direct GrowthICICI Prudential India Opportunities Fund Direct Growth1.43%

Company Information

SBI Cards & Payment Services Ltd (SBICPSL) is an Indian financial services company incorporated in October 1998. It is a subsidiary of the State Bank of India, the country's largest lender. SBICPSL is the second largest credit card issuer in India and is a major player in the payments space.

SBICPSL's main operations are in credit cards and payments. It offers a range of credit cards, debit cards, prepaid cards, and digital payments solutions. It also provides merchant acquiring services, loyalty programs, and insurance products.

The company's top products include the SBI Card, a co-branded credit card with the State Bank of India; YONO, a digital banking and payments app; and the SBI Rewardz loyalty program. It also offers a range of co-branded credit cards with popular brands such as Amazon, Flipkart, and MakeMyTrip.

Share Price: ₹743.60 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹69,507.67Cr as of today
Listing date: 16 Mar, 2020
Chairperson Name: DINESH KUMAR KHARA
OrganisationSBI Cards & Payment Services Ltd
HeadquartersGurugram
IndustryFinance
E-voting on sharesClick here to vote

Key events for SBI Cards & Payment Services Ltd

  • SBI Cards & Payment Services Ltd falls for fifth straight session - 18 Jul, 2024

    SBI Cards & Payment Services Ltd stock fell for the fifth consecutive day, quoting at Rs 730.7, down 0.03% on NSE. The volume in the stock stood at 5.54 lakh shares today, compared to the daily average of 12.05 lakh shares in last one month.

  • SBI Card Stock Declines 21.98% in One Year - 05 Jul, 2024

    SBI Cards & Payment Services Ltd stock has declined by 21.98% in the last one year, while the 30-share index gained 27.48%. The company reported consolidated sales of Rs 4474.57 crore for the quarter ended March 31, 2024, down 5.63% from the previous quarter and down 14.25% YoY. The MACD signalled a bearish bias on the counter.

  • SBI Card to Discontinue Reward Points on Govt. Transactions - 29 Jun, 2024

    SBI Card has announced that reward points will not be applicable on government-related transactions for certain credit cards from July 15, 2024.

  • SBI Card Launches Natures Basket SBI Card - 28 Jun, 2024

    SBI Card has partnered with Natures Basket to launch a credit card catering to gourmet tastes. The Natures Basket SBI Card will offer up to 20 Reward Points on every ₹100 spent at Natures Basket stores and up to 10 Reward Points on dining, movies, and international travel. Cardholders can enjoy benefits such as complimentary Bookmyshow movie tickets, Taj gift vouchers, and access to higher tiers of the Natures Basket loyalty program.

  • SBI Cards & Payment Services Ltd shows positive market sentiment - 27 Jun, 2024

    SBI Cards & Payment Services Ltd has formed a sustained support base around 675 levels and a bullish alternate pattern near the 680-710 level, indicating positive market sentiment. The daily RSI indicator also reveals a bull divergence, suggesting a favourable outlook for the stock.

  • Mixed Bag for SBI Cards as Market Share Falls but Spending Growth Improves - 26 Jun, 2024

    SBI Cards & Payment Services Ltd experiences mixed results with its market share falling to 18.5% while spending growth improves to 11% YoY. The company lags behind the industry's growth rate of 18%, and potential risks include a rise in credit costs and investors' bearish sentiment.

Insights on SBI Cards & Payment Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.10% to 6.12% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 8.59% to 8.73% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 52.5% return, outperforming this stock by 67.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 183.8% return, outperforming this stock by 212.0%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, SBICARD stock has moved down by -15.0%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 9.95% to 9.91% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 68.63% to 68.62% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹58,453.58Cr
↑27.58%
Total Liabilities
₹46,369.55Cr
↑28.85%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹5,451.54Cr
↓18.27%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.62%
-0.01
Foreign Institutions
8.73%
1.59
Mutual Funds
9.91%
-0.46
Retail Investors
6.12%
0.42
Others
6.62%
-1.64

Key Indicators

Earnings and Dividends

  • SBI Cards & Payment Services Ltd Earnings Results

    SBI Cards & Payment Services Ltd’s net profit jumped 11.05% since last year same period to ₹662.37Cr in the Q4 2023-2024. On a quarterly growth basis, SBI Cards & Payment Services Ltd has generated 20.63% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • SBI Cards & Payment Services Ltd Dividends March,2024

    In the quarter ending December 2023, SBI Cards & Payment Services Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.68%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

SBI Cards & Payment Services Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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SBI Cards & Payment Services Ltd (SBICARD) share price today is ₹743.6

SBI Cards & Payment Services Ltd is listed on NSE

SBI Cards & Payment Services Ltd is listed on BSE

  • Today’s highest price of SBI Cards & Payment Services Ltd is ₹745.
  • Today’s lowest price of SBI Cards & Payment Services Ltd is ₹726.55.

Today’s traded volume of SBI Cards & Payment Services Ltd(SBICARD) is 18.32L.

Today’s market capitalisation of SBI Cards & Payment Services Ltd(SBICARD) is ₹69507.67Cr.

SBI Cards & Payment Services Ltd(SBICARDPrice
52 Week High
₹892.85
52 Week Low
₹647.95

SBI Cards & Payment Services Ltd(SBICARD) share price is ₹743.6. It is down -16.72% from its 52 Week High price of ₹892.85

SBI Cards & Payment Services Ltd(SBICARD) share price is ₹743.6. It is up 14.76% from its 52 Week Low price of ₹647.95

SBI Cards & Payment Services Ltd(SBICARDReturns
1 Day Returns
12.75%
1 Month Returns
0.12%
3 Month Returns
-2.48%
1 Year Returns
-15%