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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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Operating Margin
SBI Cards and Payment Services Ltd

31.7%
Current
28%
Average
24%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
31.7%
=
Operating Profit
55.2B
/
Revenue
174.2B

Operating Margin Across Competitors

Country IN
Market Cap 642.2B INR
Operating Margin
32%
Country US
Market Cap 211.9B USD
Operating Margin
17%
Country US
Market Cap 68.8B USD
Operating Margin
0%
Country IN
Market Cap 4.3T INR
Operating Margin
43%
Country US
Market Cap 43.9B USD
Operating Margin
0%
Country US
Market Cap 25.7B USD
Operating Margin
0%
Country KZ
Market Cap 18.4B USD
Operating Margin
0%
Country US
Market Cap 17.3B USD
Operating Margin
0%
Country IN
Market Cap 1.1T INR
Operating Margin
39%
Country US
Market Cap 11.3B EUR
Operating Margin
52%
Country IN
Market Cap 1T INR
Operating Margin
29%
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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

Discover More
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
31.7%
=
Operating Profit
55.2B
/
Revenue
174.2B
What is the Operating Margin of SBI Cards and Payment Services Ltd?

Based on SBI Cards and Payment Services Ltd's most recent financial statements, the company has Operating Margin of 31.7%.