SBI Cards and Payment Services Ltd.
SBICARDFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
17 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 17 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220803 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221103 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230201 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230505 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230803 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231102 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240202 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240503 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240802 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241105 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250203 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250430 | 2025-03-31 | yes | |
| TRANSCRIPT | 20260204 | 2025-12-31 | yes | |
| TRANSCRIPT | 20250801 | 2026-03-31 | yes | |
| TRANSCRIPT | 20251031 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260502 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260730 | 2026-06-30 | yes |
SBICARD
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | nbfc |
| Scope served | standalone |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 618.40 |
| 52-week range | 568.25 – 937.95 |
| Return 1M | -5.01% |
| Return 3M | -1.03% |
| Return 1Y | -30.1% |
| Return 3Y | -21.46% |
| Return 5Y | -38.84% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 5,041.00 |
| Other income | 165.00 |
| Total income | 5,205.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 207.00 |
| Finance costs | 745.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.69 | -0.00 |
| institutions foreign | 0.09 | -0.01 |
| institutions domestic | 0.18 | 0.00 |
| mutual funds | 0.11 | 0.00 |
| public | 0.31 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 17 |
Financial statements
Filed results, standalone, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 3,297.00 | 3,507.00 | 3,762.00 | 3,912.00 | 4,087.00 | 4,622.00 | 4,348.00 | 4,359.00 | 4,421.00 | 4,619.00 | 4,674.00 | 4,877.00 | 4,961.00 | 5,127.00 | 4,934.00 | 5,041.00 |
| Other income | 156.00 | 149.00 | 154.00 | 134.00 | 134.00 | 120.00 | 127.00 | 124.00 | 135.00 | 148.00 | 158.00 | 158.00 | 176.00 | 226.00 | 253.00 | 165.00 |
| Total income | 3,453.00 | 3,656.00 | 3,917.00 | 4,046.00 | 4,221.00 | 4,742.00 | 4,475.00 | 4,483.00 | 4,556.00 | 4,767.00 | 4,832.00 | 5,035.00 | 5,136.00 | 5,353.00 | 5,187.00 | 5,205.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 129.00 | 142.00 | 152.00 | 145.00 | 148.00 | 144.00 | 132.00 | 134.00 | 149.00 | 152.00 | 154.00 | 161.00 | 158.00 | 184.00 | 158.00 | 207.00 |
| Finance costs | 368.00 | 464.00 | 507.00 | 571.00 | 605.00 | 695.00 | 724.00 | 767.00 | 788.00 | 829.00 | 795.00 | 813.00 | 760.00 | 785.00 | 714.00 | 745.00 |
| Depreciation and amortisation | 39.00 | 41.00 | 45.00 | 48.00 | 47.00 | 51.00 | 52.00 | 49.00 | 50.00 | 49.00 | -2.00 | 35.00 | 35.00 | 34.00 | 32.00 | 31.00 |
| Other expenses | 1,377.00 | 1,442.00 | 1,380.00 | 1,374.00 | 1,430.00 | 1,679.00 | 1,478.00 | 1,486.00 | 1,664.00 | 1,763.00 | 1,725.00 | 1,739.00 | 2,022.00 | 2,032.00 | 1,961.00 | 1,986.00 |
| Total expenses | 2,748.00 | 2,972.00 | 3,117.00 | 3,250.00 | 3,412.00 | 4,004.00 | 3,586.00 | 3,683.00 | 4,011.00 | 4,249.00 | 4,113.00 | 4,287.00 | 4,537.00 | 4,604.00 | 4,371.00 | 4,312.00 |
| Profit before exceptional items and tax | 706.00 | 684.00 | 800.00 | 797.00 | 809.00 | 738.00 | 888.00 | 799.00 | 545.00 | 518.00 | 719.00 | 748.00 | 600.00 | 749.00 | 816.00 | 893.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 706.00 | 684.00 | 800.00 | 797.00 | 809.00 | 738.00 | 888.00 | 799.00 | 545.00 | 518.00 | 719.00 | 748.00 | 600.00 | 749.00 | 816.00 | 893.00 |
| Current tax | 198.00 | 158.00 | 221.00 | 215.00 | 231.00 | 244.00 | 245.00 | 227.00 | 201.00 | 160.00 | 165.00 | 210.00 | 178.00 | 192.00 | 171.00 | 246.00 |
| Deferred tax | -18.00 | 17.00 | -18.00 | -11.00 | -25.00 | -55.00 | -20.00 | -22.00 | -60.00 | -26.00 | 19.00 | -18.00 | -23.00 | 0.00 | 35.00 | -18.00 |
| Tax expense | 180.00 | 175.00 | 203.00 | 203.00 | 206.00 | 189.00 | 226.00 | 205.00 | 141.00 | 134.00 | 184.00 | 192.00 | 155.00 | 192.00 | 207.00 | 229.00 |
| Profit for the period | 526.00 | 509.00 | 596.00 | 593.00 | 603.00 | 549.00 | 662.00 | 594.00 | 404.00 | 383.00 | 534.00 | 556.00 | 445.00 | 557.00 | 609.00 | 664.00 |
| Other comprehensive income | 5.00 | 0.00 | 3.00 | -5.00 | 2.00 | 1.00 | 1.00 | -2.00 | 1.00 | 1.00 | 3.00 | -2.00 | 2.00 | 2.00 | 7.00 | 1.00 |
| Total comprehensive income | 530.00 | 510.00 | 599.00 | 588.00 | 605.00 | 550.00 | 663.00 | 592.00 | 405.00 | 384.00 | 537.00 | 554.00 | 446.00 | 558.00 | 616.00 | 665.00 |
| Earnings per share, basic | 5.57 | 5.39 | 6.31 | 6.27 | 6.37 | 5.78 | 6.97 | 6.25 | 4.25 | 4.03 | 5.62 | 5.84 | 4.67 | 5.85 | 6.40 | 6.98 |
| Earnings per share, diluted | 5.53 | 5.36 | 6.28 | 6.24 | 6.35 | 5.78 | 6.96 | 6.25 | 4.25 | 4.03 | 5.61 | 5.84 | 4.67 | 5.85 | 6.40 | 6.98 |
| Interest earned | 1,484.00 | 1,609.00 | 1,672.00 | 1,804.00 | 1,902.00 | 2,082.00 | 2,139.00 | — | 2,290.00 | 2,399.00 | 2,415.00 | 2,493.00 | 2,490.00 | 2,536.00 | 2,382.00 | 2,421.00 |
| Fees and commission income | 1,611.00 | 1,670.00 | 1,786.00 | 1,898.00 | 1,974.00 | 2,293.00 | 2,000.00 | — | 1,957.00 | 2,025.00 | 2,093.00 | 2,191.00 | 2,265.00 | 2,367.00 | 2,343.00 | 2,406.00 |
| Net gain on fair value changes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 9,276.00 | 9,277.00 | 10,677.00 | 13,667.00 | 16,968.00 | 18,072.00 | 19,900.00 |
| Other income | 476.00 | 436.00 | 624.00 | 619.00 | 515.00 | 565.00 | 808.00 |
| Total income | 9,752.00 | 9,714.00 | 11,302.00 | 14,286.00 | 17,484.00 | 18,637.00 | 20,708.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 468.00 | 492.00 | 473.00 | 562.00 | 570.00 | 590.00 | 661.00 |
| Finance costs | 1,301.00 | 1,043.00 | 1,027.00 | 1,648.00 | 2,595.00 | 3,178.00 | 3,072.00 |
| Depreciation and amortisation | 104.00 | 123.00 | 149.00 | 164.00 | 197.00 | 147.00 | 136.00 |
| Other expenses | 6,149.00 | 6,670.00 | 4,200.00 | 5,351.00 | 5,960.00 | 6,637.00 | 7,750.00 |
| Total expenses | 8,023.00 | 8,390.00 | 9,129.00 | 11,255.00 | 14,252.00 | 16,056.00 | 17,794.00 |
| Profit before exceptional items and tax | 1,730.00 | 1,324.00 | 2,172.00 | 3,031.00 | 3,232.00 | 2,581.00 | 2,913.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1,730.00 | 1,324.00 | 2,172.00 | 3,031.00 | 3,232.00 | 2,581.00 | 2,913.00 |
| Current tax | 596.00 | 463.00 | 383.00 | 799.00 | 931.00 | 753.00 | 752.00 |
| Deferred tax | -111.00 | -124.00 | 173.00 | -27.00 | -107.00 | -89.00 | -5.00 |
| Tax expense | 485.00 | 339.00 | 556.00 | 772.00 | 824.00 | 664.00 | 746.00 |
| Profit for the period | 1,245.00 | 985.00 | 1,616.00 | 2,258.00 | 2,408.00 | 1,916.00 | 2,167.00 |
| Other comprehensive income | -3.00 | 13.00 | 10.00 | -3.00 | -1.00 | 2.00 | 8.00 |
| Total comprehensive income | 1,242.00 | 997.00 | 1,626.00 | 2,256.00 | 2,407.00 | 1,919.00 | 2,175.00 |
| Earnings per share, basic | 13.35 | 10.48 | 17.16 | 23.92 | 25.39 | 20.15 | 22.77 |
| Earnings per share, diluted | 13.21 | 10.38 | 17.02 | 23.80 | 25.37 | 20.14 | 22.77 |
| Interest earned | 4,841.00 | 4,928.00 | 4,866.00 | 6,153.00 | 7,927.00 | 9,347.00 | 9,901.00 |
| Fees and commission income | 3,979.00 | 3,908.00 | 5,227.00 | 6,604.00 | 8,165.00 | 8,003.00 | 9,166.00 |
| Net gain on fair value changes | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 41,581.00 | 45,546.00 | 50,388.00 | 58,171.00 | 61,872.00 | 65,546.00 | 69,862.00 | 66,328.00 |
| Property, plant and equipment | 320.00 | 448.00 | 402.00 | 438.00 | 408.00 | 227.00 | 191.00 | 158.00 |
| Capital work-in-progress | 7.00 | 6.00 | 19.00 | 0.00 | 7.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 97.00 | 103.00 | 86.00 | 104.00 | 105.00 | 93.00 | 77.00 | 61.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and cash equivalents | 929.00 | 990.00 | 1,330.00 | 2,482.00 | 1,582.00 | 2,538.00 | 3,152.00 | 2,104.00 |
| Total equity and liabilities | 41,581.00 | 45,546.00 | 50,388.00 | 58,171.00 | 61,872.00 | 65,546.00 | 69,862.00 | 66,328.00 |
| Equity | 8,919.00 | 9,830.00 | 11,058.00 | 12,084.00 | 13,090.00 | 13,782.00 | 14,789.00 | 15,726.00 |
| Equity share capital | 943.00 | 946.00 | 947.00 | 951.00 | 951.00 | 951.00 | 952.00 | 952.00 |
| Other equity | 7,976.00 | 8,884.00 | 10,112.00 | 11,133.00 | 12,138.00 | 12,830.00 | 13,838.00 | 14,774.00 |
| Total liabilities | 32,662.00 | — | — | — | — | 51,764.00 | 55,073.00 | 50,602.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -4,180.00 | -6,671.00 | -1,957.00 | -5,452.00 | -3,886.00 | -2,140.00 | -4,210.00 | 493.00 |
| Net cash from investing activities | -532.00 | -921.00 | -445.00 | -1,457.00 | -187.00 | -2,491.00 | 514.00 | 245.00 |
| Net cash from financing activities | 4,883.00 | 7,824.00 | 2,742.00 | 8,401.00 | 3,173.00 | 4,687.00 | 4,311.00 | -1,172.00 |
| Purchase of property, plant and equipment | 27.00 | 93.00 | 48.00 | 74.00 | 39.00 | 56.00 | 17.00 | 34.00 |
| Net increase in cash | 170.00 | 232.00 | 340.00 | 1,492.00 | -900.00 | 55.00 | 614.00 | -434.00 |
| con:CFO.BEFORE_TAX | -3,277.00 | -4,322.00 | -353.00 | -1,911.00 | -1,961.00 | 1,766.00 | -4,445.00 | 4,327.00 |
| con:INTEREST_RECEIVED.OPERATING | 32.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,235.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 588.00 | 1,584.00 | 1,178.00 | 2,604.00 | 1,522.00 | 3,157.00 | 1,636.00 | 3,062.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 348.00 | 764.00 | 426.00 | 936.00 | 403.00 | 750.00 | 364.00 | 772.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 69.02 | 68.96 | 68.94 | 68.75 | 68.63 | 68.62 | 68.61 | 68.60 | 68.60 | 68.59 | 0.69 | 0.69 | 0.69 | 0.69 |
| Domestic institutions | 17.47 | 17.18 | 17.29 | 16.28 | 16.69 | 16.53 | 16.75 | 16.48 | 17.22 | 17.51 | 0.18 | 0.18 | 0.18 | 0.18 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 9.84 | 0.10 | 0.10 | 0.11 | 0.11 |
| Insurance companies | 4.63 | 4.66 | 5.02 | 5.11 | 6.27 | 6.34 | 6.65 | 6.45 | 6.74 | 6.74 | 0.07 | 0.07 | 0.07 | 0.07 |
| Foreign institutions | 8.45 | 9.48 | 9.09 | 9.35 | 8.59 | 8.73 | 9.18 | 9.51 | 9.88 | 10.22 | 0.10 | 0.10 | 0.10 | 0.09 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 30.98 | 31.04 | 31.06 | 31.25 | 31.37 | 31.38 | 31.39 | 31.40 | 31.40 | 31.41 | 0.31 | 0.31 | 0.31 | 0.31 |
| Non-institutional | 5.06 | 4.38 | 4.69 | 5.61 | 6.09 | 6.12 | 5.47 | 5.41 | 4.30 | 3.68 | 0.04 | 0.03 | 0.03 | 0.04 |
| Shares outstanding | 946074389 | 946360099 | 946735259 | 950757319 | 950968519 | 951052534 | 951267774 | 951352954 | 951356954 | 951527704 | 951547504 | 951577400 | 951600251 | 951614508 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| State Bank of India | Holding Company | Advance, Any other transaction, Loan, Purchase of go | 1,018,420,020,000.00 | 18 |
| Yes Bank Ltd. | Promoter group Constituent | Any other transaction | 10,025,000,000.00 | 2 |
| SBI General Insurance company limited | Fellow Subsidiaries | Any other transaction, Loan, Sale of goods or servic | 598,340,000.00 | 8 |
| SBI Card Employees Gratuity Fund | other related party | Any other transaction | 132,190,000.00 | 2 |
| Key Managerial Personnel/Director | Key Managerial Personnel/Directors | Any other transaction, Loan | 83,220,000.00 | 4 |
| SBI DFHI Limited | Fellow Subsidiaries | Any other transaction, Loan | 75,190,000.00 | 4 |
| SBI Funds Management Limited | Fellow Subsidiaries | Loan | 43,440,000.00 | 2 |
| INVESTEC CAPITAL SERVICES (INDIA) PRIVATE LIMITED | Promoter group Constituent | Loan | 39,650,000.00 | 2 |
| SBI Capital markets limited | Fellow Subsidiaries | Any other transaction, Loan | 27,240,000.00 | 4 |
| State Bank Operations Support Services Private Limited | Fellow Subsidiaries | Loan | 23,630,000.00 | 2 |
| SBI Cap Securities Ltd | Fellow Subsidiaries | Loan | 19,440,000.00 | 2 |
| SBI Life Insurance Company Limited | Fellow Subsidiaries | Any other transaction, Dividend paid, Loan | 10,930,000.00 | 8 |
| SBI SG GLOBAL SECURITIES SERVICES PRIVATE LIMITED | Fellow Subsidiaries | Loan | 5,370,000.00 | 2 |
| SBI PAYMENT SERVICES PRIVATE LIMITED | Fellow Subsidiaries | Loan | 2,220,000.00 | 2 |
| SBI GLOBAL FACTORS LIMITED | Fellow Subsidiaries | Loan | 2,000,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-30 | FYFY27 | Read the call | |
| 2026-05-02 | FYFY26 | OSBI Card | Read the call |
| 2026-02-04 | Q3FY26 | Read the call | |
| 2025-10-31 | FYFY26 | OSBI Card | Read the call |
| 2025-08-01 | FYFY26 | Read the call | |
| 2025-04-30 | FYFY25 | Read the call | |
| 2025-02-03 | FYFY25 | Read the call | |
| 2024-11-05 | FYFY25 | OSBl card | Read the call |
| 2024-08-02 | Q1FY25 | MR. SHANTANU | Read the call |
| 2024-05-03 | Q4FY24 | Read the call | |
| 2024-02-02 | Q3FY24 | Read the call | |
| 2023-11-02 | Q2FY24 | Read the call | |
| 2023-08-03 | Q1FY24 | OSBl card | Read the call |
| 2023-05-05 | Q4FY23 | OSBI Card | Read the call |
| 2023-02-01 | Q3FY23 | OSBI Card | Read the call |
| 2022-11-03 | Q2FY23 | OSBI Card | Read the call |
| 2022-08-03 | Q1FY23 | Read the call |
What they said about it, quarter by quarter
| Topic | Q1FY25 | Q2FY23 | Q2FY24 | Q3FY23 | Q3FY24 | Q3FY26 | Q4FY23 | Q4FY24 |
|---|---|---|---|---|---|---|---|---|
| Capital allocation | So, the opex is lower this quarter because of the lower corporate spends and also because of the lower card acquisition compared to previous quarter. | We are seeing better spends per card so, once we build the portfolio of at least 200-300 thousand we will be able to see the behavior and accordingly … | It is increasing with every new month acquisition that we do. | SBI Cards and Payment Services Limited January 24, 2023 our acquisition caliber and added revenue generating avenues for the future. | As of now, for the next 2 quarters – MD sir has already talked about – we will continue to run at this rate for the new customer acquisition at least … | And we have been cautious there, and we have been stating that over the last 5 to 6 quarters, that we have tightened our new customer acquisition, and… | As always, we continue to create value for our stakeholders and am pleased to share that we declared an interim dividend of INR 2.5 per equity share f… | Now what happens is that as the recent acquisition component increases and the portfolio mix stabilizes, definitely, there will be improvements and th… |
| Costs | — | — | — | — | — | — | — | — |
| Debt and cash | And we look at the cash flow information and basis that, we basically take an underwriting decision. | — | — | — | And these customers are assessed through their savings bank account data through which we are able to see the cash flows of the customer, and there ar… | — | We have a better visibility to the cash flow. | So that depending upon their own cash flows, they are able to pay us out comfortably without asking for the entire delinquent amount to be paid upfron… |
| Demand | — | The card witnessed high demand from customers, and we see it as a strong addition to our portfolio. • We also introduced 1600+ festive offers pan Indi… | — | — | — | — | Aggregate demand conditions remained resilient in Q4 2022-23. | So, it didn't really specify what that was around, but like if you've been engaging with the regulator, could you comment about what's in the pipeline… |
| Guidance | How about your guidance I mean in December quarter I remember distinctly you said two quarters and things should be all. | Can you guide us how should we look at the trend in this number maybe over the next couple of quarters? | And in that context, your credit card guidance for the remaining half? | So that's the reason we are guiding for a 30 to 40 basis point increase. | We will try to compress, make sure that the compression is as minimal as possible, but at this point in time, the guidance or the note that we can sha… | And what is the guidance on AUM growth now because we are already at 5% year-on-year. | And lastly, if you could share some guidance on NIMs and cost of funds for FY ’24? | And just to delve a bit more on the guidance. |
| Margin | — | During the past few months, we had undertaken an exercise to calibrate and review our corporate accounts portfolio basis which we had exited a few low… | On the margins, you have seen that the overall change in the margin is around 14 bps or so. | We reported 11.6% margin this quarter, do you think they have bottomed out? | You have given a monthly average of margins where margins seem to have declined by 25 bps. What kind of margin decline would you envisage in the 4th q… | The net interest margin for the quarter was 11% versus 11.2% during Q2. As regard asset quality over the last few quarters, our actions on underwritin… | Second is, what is the margin contribution difference between retail spends and corporate funds? | Look at the net interest margin that other businesses deliver. |
| People | — | SBI Cards and Payment Services Limited 27 October 2022 range because of the utilization of digital channels, our overall COA is trending lower versus … | — | To answer your first question, we're only aligning this increase in the volume to take care of attrition. | You can also estimate it from the other side of the overall attrition because these customers we take them out of our books of the overall attrition. | Plus customer value benefit utilization. | — | So, I won't be able to join you in your assessment whether to what extent this is linked to attrition or the credit cost part of it. |
| Pricing | — | SBI Cards and Payment Services Limited 27 October 2022 mandate so we are confident of plowing it back but of course we will also be consistently looki… | Just want to understand with the kind of delinquencies or the customer behaviour that we are seeing, is it worthwhile to look on the pricing front, co… | Interest rate hikes • As guided in the past, due to increase in the interest rates, our cost of funds has also increased. • We have taken measures to … | — | — | Of course, we are also adopting a risk-based pricing, to be more competitive offering in the market. | — |
| Revenue growth | So, I understand collection part of it but anything on the top line front, for example, increasing the revolver charge from 3.5% to 4%, something like… | Please allow me to now take you through the financial performance in Q2 FY23 • Our resilient business model embedded on strong fundamentals have helpe… | — | Overall spends have grown by about 24% YoY in Q3 FY23, reaching yet another highest ever spends milestone in a quarter at Rs 68,835 crore. • Daily ave… | Because the retail spend growth was up 20% whereas if you look at the overall loan growth, it's about 8% QoQ. | So with expense cut growth at 10%, spends grew by 15%, we have seen your receivable growth at 7%- 8%, now it's 5%.or -- So how do we get back to that … | Coming to the financial performance in Q4 FY23 & FY23. Our total revenue in Q4 FY23 has been at 3,917 cr. registering a growth of 30% YoY. | — |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2026-05-02 | FYFY26 | OSBI Card | Revolve rates have been in the range of 22% to 24% over the last 2 years, and we expect this to have a slight downward bias in FY '27. |