Market closed · data as of 28 Aug 2026 · source NSE via Alphave. Open the live chart →
SBI Cards and Payment Services is India's only listed pure-play credit card issuer, promoted by State Bank of India. It earns interest income on revolving card balances and EMI loans, plus fee income from interchange, annual/late fees and co-brand partnerships (with airlines, retailers and e-commerce players); SBI's branch network is a key customer-acquisition channel. Profitability hinges on revolver share, credit costs and interchange regulation.
It is India's second-largest credit card issuer by cards-in-force after HDFC Bank.
SBI Cards and Payment Services Ltd. is a constituent of NIFTY 200, NIFTY 500, NIFTY FIN SERVICE, NIFTY MIDCAP 100, NIFTY MIDCAP 150, NIFTY MIDCAP 50. See where it sits on the market heatmap →
Consolidated annual figures taken from SBI Cards and Payment Services Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 22.77 | 20.15 | 25.39 |
| Operating margin | 26.0% | 28.7% | 31.3% |
| Net margin | 10.9% | 10.6% | 14.2% |
| EBITDA | ₹5,313 Cr | ₹5,341 Cr | ₹5,509 Cr |
| Free cash flow | ₹459 Cr | ₹-2,196 Cr | ₹-5,526 Cr |
| Interest coverage | 1.7 | 1.6 | 2.0 |
Open the full income statement, balance sheet and cash flow for SBICARD →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.