S

SBI Cards and Payment Services Ltd
NSE:SBICARD

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SBI Cards and Payment Services Ltd
NSE:SBICARD
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Price: 734.7 INR 2.96% Market Closed
Market Cap: 698.9B INR
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SBI Cards and Payment Services Ltd
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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SBI Cards and Payment Services Ltd
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
S
SBI Cards and Payment Services Ltd
NSE:SBICARD
Net Income (Common)
â‚ą24.1B
CAGR 3-Years
35%
CAGR 5-Years
23%
CAGR 10-Years
N/A
Cholamandalam Financial Holdings Ltd
NSE:CHOLAHLDNG
Net Income (Common)
â‚ą20.5B
CAGR 3-Years
39%
CAGR 5-Years
24%
CAGR 10-Years
20%
Muthoot Finance Ltd
NSE:MUTHOOTFIN
Net Income (Common)
â‚ą46.8B
CAGR 3-Years
5%
CAGR 5-Years
13%
CAGR 10-Years
N/A
S
Sundaram Finance Ltd
NSE:SUNDARMFIN
Net Income (Common)
â‚ą15.7B
CAGR 3-Years
11%
CAGR 5-Years
6%
CAGR 10-Years
N/A
Bajaj Finance Ltd
NSE:BAJFINANCE
Net Income (Common)
â‚ą153.8B
CAGR 3-Years
46%
CAGR 5-Years
26%
CAGR 10-Years
N/A
Cholamandalam Investment and Finance Company Ltd
NSE:CHOLAFIN
Net Income (Common)
â‚ą38.5B
CAGR 3-Years
34%
CAGR 5-Years
25%
CAGR 10-Years
26%
No Stocks Found

SBI Cards and Payment Services Ltd
Glance View

Economic Moat
None
Market Cap
698.7B INR
Industry
Financial Services

SBI Cards and Payment Services Ltd., a subsidiary of India's largest bank, the State Bank of India, has carved out a significant niche in the financial services sector. Launched in 1998, SBI Card leveraged its parent company’s extensive network to offer a diverse array of credit card solutions tailored for the evolving needs of a burgeoning middle class and corporate clientele alike. Initially, the venture sought to capitalize on the untapped potential of card-based transactions in a predominantly cash-driven economy. By fostering partnerships with various service providers, retailers, and online marketplaces, SBI Card created a robust ecosystem encouraging consistent card usage, thus generating a steady stream of fee-based income. This business model not only catered to the basic necessity of credit facilities but also enhanced customer experiences through attractive reward programs and co-branding with travel, fuel, and lifestyle entities. The company primarily makes money through annual fees, interest charges on revolving credit, and interchange fees from merchants for processing card transactions. With extensive data analytics capabilities, SBI Card drills down into customer spending habits to offer personalized financial solutions, increasing both user engagement and revenue opportunities. Additionally, the introduction of value-added services, such as insurance coverage and EMI conversions, further cemented its competitive edge. While the rise of digital payments posed challenges, SBI Card adeptly evolved by enhancing its digital interfaces and adopting secure, user-friendly technologies. This fusion of traditional strengths and digital innovation has ensured a resilient business model, keeping the company at the forefront of India’s shifting payment landscape.

SBICARD Intrinsic Value
1 263.5 INR
Undervaluation 42%
Intrinsic Value
Price
S

See Also

What is SBI Cards and Payment Services Ltd's Net Income (Common)?
Net Income (Common)
24.1B INR

Based on the financial report for Mar 31, 2024, SBI Cards and Payment Services Ltd's Net Income (Common) amounts to 24.1B INR.

What is SBI Cards and Payment Services Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
23%

Over the last year, the Net Income (Common) growth was 7%. The average annual Net Income (Common) growth rates for SBI Cards and Payment Services Ltd have been 35% over the past three years , 23% over the past five years .

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