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: 675.3 INR -0.57% Market Closed
Market Cap: 642.4B INR
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Net Margin
SBI Cards and Payment Services Ltd

13.8%
Current
15%
Average
13.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.8%
=
Net Income
24.1B
/
Revenue
174.2B

Net Margin Across Competitors

Country IN
Market Cap 642.2B INR
Net Margin
14%
Country US
Market Cap 211.9B USD
Net Margin
14%
Country US
Market Cap 68.8B USD
Net Margin
11%
Country IN
Market Cap 4.3T INR
Net Margin
25%
Country US
Market Cap 43.9B USD
Net Margin
18%
Country US
Market Cap 25.7B USD
Net Margin
16%
Country KZ
Market Cap 18.4B USD
Net Margin
55%
Country US
Market Cap 17.3B USD
Net Margin
7%
Country IN
Market Cap 1.1T INR
Net Margin
21%
Country US
Market Cap 11.3B EUR
Net Margin
40%
Country IN
Market Cap 1T INR
Net Margin
17%
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SBI Cards and Payment Services Ltd
Glance View

Market Cap
642.2B INR
Industry
Financial Services
Economic Moat
None

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
1 259.21 INR
Undervaluation 46%
Intrinsic Value
Price
S

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
13.8%
=
Net Income
24.1B
/
Revenue
174.2B
What is the Net Margin of SBI Cards and Payment Services Ltd?

Based on SBI Cards and Payment Services Ltd's most recent financial statements, the company has Net Margin of 13.8%.