SBI Cards & Payment Services Ltd

About [ edit ]

SBI Cards & Payment Services is engaged in the business of issuing credit cards to consumers in India.(Source : 202003-01 Annual Report Page No:113)

  • Market Cap 100,340 Cr.
  • Current Price 1,067
  • High / Low 1,149 / 495
  • Stock P/E 112
  • Book Value 62.5
  • Dividend Yield 0.09 %
  • ROCE 15.2 %
  • ROE 27.9 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 36.09% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 29.04%

Cons

  • Stock is trading at 17.07 times its book value

Peer comparison

Sector: Finance Industry: Finance & Investments

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Revenue 1,983 2,068 2,296 2,479 2,433 2,152 2,413 2,403
Interest 273 302 319 345 334 275 264 261
1,402 1,440 1,536 1,608 2,035 1,362 1,940 1,965
Financing Profit 308 326 441 526 64 515 209 177
Financing Margin % 16% 16% 19% 21% 3% 24% 9% 7%
Other Income 93 236 80 84 77 41 99 137
Depreciation 16 29 19 27 29 28 30 31
Profit before tax 385 533 502 583 112 528 278 283
Tax % 35% 35% 24% 25% 25% 26% 26% 26%
Net Profit 249 346 381 435 84 393 206 210
EPS in Rs 0.89 4.19 2.19 2.23
Gross NPA % 2.44% 1.35% 2.01% 2.68% 4.29%
Net NPA %
Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
Revenue 1,438 1,822 2,392 3,347 5,195 7,017 9,281 9,402
Interest 300 378 436 528 712 1,009 1,301 1,134
918 1,255 1,617 2,366 3,715 4,887 6,618 7,302
Financing Profit 220 189 339 452 769 1,121 1,362 965
Financing Margin % 15% 10% 14% 14% 15% 16% 15% 10%
Other Income 74 82 100 124 175 270 471 354
Depreciation 1 1 1 5 24 55 104 118
Profit before tax 293 271 438 572 919 1,335 1,730 1,201
Tax % 0% 1% 35% 35% 35% 35% 28%
Net Profit 293 267 284 373 601 865 1,245 893
EPS in Rs 13.26 9.50
Dividend Payout % 0% 15% 28% 21% 0% 10% 8%
Compounded Sales Growth
10 Years:%
5 Years:38%
3 Years:41%
TTM:7%
Compounded Profit Growth
10 Years:%
5 Years:36%
3 Years:49%
TTM:-37%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:%
Return on Equity
10 Years:%
5 Years:29%
3 Years:29%
Last Year:28%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
785 785 785 785 785 837 939 940
Reserves -39 181 370 664 1,568 2,751 4,402 4,938
Borrowings 3,498 4,699 5,928 8,268 11,413 13,549 17,365 15,697
491 593 797 1,048 1,920 3,009 2,597 2,739
Total Liabilities 4,735 6,257 7,880 10,765 15,686 20,146 25,303 24,313
1 2 2 24 242 196 311 319
CWIP 0 0 0 0 35 20 24 0
Investments 0 0 0 0 0 1 1 1
4,734 6,256 7,878 10,741 15,409 19,928 24,967 23,992
Total Assets 4,735 6,257 7,880 10,765 15,686 20,146 25,303 24,313

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-398 -879 -1,158 -2,235 -2,891 -2,327 -4,067
1 1 1 -1 128 -76 -73
475 1,008 1,141 2,244 2,953 2,824 3,922
Net Cash Flow 78 130 -17 9 190 422 -218

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROE % 31% 27% 29% 32% 29% 28%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020
69.55 69.53 69.46 69.40
4.07 4.23 5.93 5.84
3.79 3.29 3.23 3.90
22.59 22.95 21.38 20.86

Documents

Add document