SBI Cards & Payment Services Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 8:41 pm

Market Cap	87,628 Cr.
Current Price	921
High / Low	931/648
Stock P/E	45.7
Book Value	145
Dividend Yield	0.27 %
ROCE	10.4 %
ROE	14.8 %
Face Value	10.0
PEG Ratio	3.27

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for SBI Cards & Payment Services Ltd

Competitors of SBI Cards & Payment Services Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
My Money Securities Ltd	44.8 Cr.	26.7	69.2/0.00	6.51	15.8	0.00 %	44.0 %	29.8 %	10.0
Nam Securities Ltd	44.8 Cr.	83.0	198/82.0	124	21.2	0.00 %	4.55 %	3.28 %	10.0
ICDS Ltd	74.4 Cr.	57.1	76.2/33.2	53.1	22.2	0.00 %	10.6 %	4.96 %	10.0
HCKK Ventures Ltd	61.0 Cr.	164	165/77.4	277	11.8	0.00 %	6.97 %	5.14 %	10.0
Ujjivan Financial Services Ltd	7,179 Cr.	590	/	8.75	299	0.59 %	10.3 %	32.1 %	10.0
Industry Average	18,356.50 Cr	1,696.44		42.27	4,125.33	0.46%	9.26%	10.49%	7.18

All Competitor Stocks of SBI Cards & Payment Services Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Revenue	2,850	3,100	3,297	3,507	3,762	3,912	4,087	4,622	4,348	4,359	4,421	4,619	4,674
Interest	267	308	368	464	507	571	605	695	724	767	788	829	795
Expenses	1,930	2,074	2,341	2,467	2,565	2,631	2,760	3,258	2,811	2,867	3,173	3,372	3,320
Financing Profit	653	718	588	576	690	710	722	668	813	725	461	419	559
Financing Margin %	23%	23%	18%	16%	18%	18%	18%	14%	19%	17%	10%	9%	12%
Other Income	166	163	156	149	154	134	134	120	127	124	135	148	158
Depreciation	39	39	39	41	45	48	47	51	52	49	50	49	-2
Profit before tax	779	841	706	684	800	797	809	738	888	799	545	518	719
Tax %	25%	25%	26%	26%	25%	26%	26%	26%	25%	26%	26%	26%	26%
Net Profit	581	627	526	509	596	593	603	549	662	594	404	383	534
EPS in Rs	6.16	6.65	5.57	5.39	6.30	6.27	6.37	5.78	6.97	6.25	4.25	4.03	5.61
Gross NPA %	2.22%	2.24%	2.14%	2.22%	2.35%	2.41%	2.43%	2.64%	2.76%	3.06%	3.27%	3.24%	3.08%
Net NPA %	0.78%	0.79%	0.78%	0.80%	0.87%	0.89%	0.89%	0.96%	0.99%	1.11%	1.19%	1.18%	1.46%

Last Updated: May 31, 2025, 7:52 am

Below is a detailed analysis of the quarterly data for SBI Cards & Payment Services Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Interest, as of Mar 2025, the value is 795.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 829.00 Cr. (Dec 2024) to 795.00 Cr., marking a decrease of 34.00 Cr..
For Expenses, as of Mar 2025, the value is 3,320.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3,372.00 Cr. (Dec 2024) to 3,320.00 Cr., marking a decrease of 52.00 Cr..
For Other Income, as of Mar 2025, the value is 158.00 Cr.. The value appears strong and on an upward trend. It has increased from 148.00 Cr. (Dec 2024) to 158.00 Cr., marking an increase of 10.00 Cr..
For Depreciation, as of Mar 2025, the value is -2.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 49.00 Cr. (Dec 2024) to -2.00 Cr., marking a decrease of 51.00 Cr..
For Profit before tax, as of Mar 2025, the value is 719.00 Cr.. The value appears strong and on an upward trend. It has increased from 518.00 Cr. (Dec 2024) to 719.00 Cr., marking an increase of 201.00 Cr..
For Tax %, as of Mar 2025, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 26.00%.
For Net Profit, as of Mar 2025, the value is 534.00 Cr.. The value appears strong and on an upward trend. It has increased from 383.00 Cr. (Dec 2024) to 534.00 Cr., marking an increase of 151.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 5.61. The value appears strong and on an upward trend. It has increased from 4.03 (Dec 2024) to 5.61, marking an increase of 1.58.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 5:21 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue	1,438	1,822	2,392	3,347	5,195	7,017	9,281	9,301	10,679	13,670	16,986	18,072
Interest	300	378	436	528	712	1,009	1,301	1,043	1,027	1,648	2,595	3,178
Expenses	918	1,255	1,617	2,366	3,715	4,887	6,618	7,223	7,953	9,444	11,460	12,731
Financing Profit	220	189	339	452	769	1,121	1,362	1,034	1,699	2,579	2,931	2,163
Financing Margin %	15%	10%	14%	14%	15%	16%	15%	11%	16%	19%	17%	12%
Other Income	74	82	100	124	175	270	471	413	622	615	498	565
Depreciation	1	1	1	5	24	55	104	123	149	164	197	147
Profit before tax	293	271	438	572	919	1,335	1,730	1,324	2,172	3,031	3,232	2,581
Tax %	0%	1%	35%	35%	35%	35%	28%	26%	26%	25%	25%	26%
Net Profit	293	267	284	373	601	865	1,245	985	1,616	2,258	2,408	1,916
EPS in Rs	3.73	3.40	3.62	4.75	7.66	10.33	13.26	10.47	17.14	23.87	25.32	20.14
Dividend Payout %	0%	15%	28%	21%	0%	10%	8%	0%	15%	10%	10%	12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-8.87%	6.37%	31.34%	61.13%	43.93%	43.93%	-20.88%	64.06%	39.73%	6.64%	-20.43%
Change in YoY Net Profit Growth (%)	0.00%	15.24%	24.97%	29.79%	-17.20%	0.00%	-64.81%	84.94%	-24.33%	-33.08%	-27.07%

SBI Cards & Payment Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	26%
5 Years:	14%
3 Years:	19%
TTM:	6%

Compounded Profit Growth
10 Years:	22%
5 Years:	9%
3 Years:	6%
TTM:	-20%

Stock Price CAGR
10 Years:	%
5 Years:	10%
3 Years:	6%
1 Year:	33%

Return on Equity
10 Years:	22%
5 Years:	20%
3 Years:	20%
Last Year:	15%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 2:46 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	785	785	785	785	785	837	939	941	943	946	951	951
Reserves	-39	181	370	664	1,568	2,751	4,402	5,362	6,810	8,884	11,133	12,830
Borrowing	3,498	4,699	5,928	8,268	11,413	13,549	17,573	17,895	22,982	31,110	39,891	44,947
Other Liabilities	491	593	797	1,048	1,920	3,009	2,393	2,816	3,913	4,606	6,196	6,817
Total Liabilities	4,735	6,257	7,880	10,765	15,686	20,146	25,307	27,013	34,648	45,546	58,171	65,546
Fixed Assets	1	2	2	24	242	196	311	308	439	551	542	330
CWIP	0	0	0	0	35	20	24	10	14	23	22	0
Investments	0	0	0	0	0	1	1	958	1,297	2,140	3,519	6,235
Other Assets	4,734	6,256	7,878	10,741	15,409	19,928	24,971	25,737	32,898	42,832	54,088	58,980
Total Assets	4,735	6,257	7,880	10,765	15,686	20,146	25,307	27,013	34,648	45,546	58,171	65,546

Below is a detailed analysis of the balance sheet data for SBI Cards & Payment Services Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 951.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 951.00 Cr..
For Reserves, as of Mar 2025, the value is 12,830.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,133.00 Cr. (Mar 2024) to 12,830.00 Cr., marking an increase of 1,697.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 6,817.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6,196.00 Cr. (Mar 2024) to 6,817.00 Cr., marking an increase of 621.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 65,546.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 58,171.00 Cr. (Mar 2024) to 65,546.00 Cr., marking an increase of 7,375.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 330.00 Cr.. The value appears to be declining and may need further review. It has decreased from 542.00 Cr. (Mar 2024) to 330.00 Cr., marking a decrease of 212.00 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 22.00 Cr..
For Investments, as of Mar 2025, the value is 6,235.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,519.00 Cr. (Mar 2024) to 6,235.00 Cr., marking an increase of 2,716.00 Cr..
For Other Assets, as of Mar 2025, the value is 58,980.00 Cr.. The value appears strong and on an upward trend. It has increased from 54,088.00 Cr. (Mar 2024) to 58,980.00 Cr., marking an increase of 4,892.00 Cr..
For Total Assets, as of Mar 2025, the value is 65,546.00 Cr.. The value appears strong and on an upward trend. It has increased from 58,171.00 Cr. (Mar 2024) to 65,546.00 Cr., marking an increase of 7,375.00 Cr..

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-398	-879	-1,158	-2,235	-2,891	-2,327	-4,063	692	-4,391	-6,671	-5,452	-2,140
Cash from Investing Activity +	1	1	1	-1	128	-76	-77	-997	-538	-921	-1,457	-2,491
Cash from Financing Activity +	475	1,008	1,141	2,244	2,953	2,824	3,923	432	5,045	7,824	8,401	4,687
Net Cash Flow	78	130	-17	9	190	422	-218	127	115	232	1,492	55

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	915.00	-3.00	-4.00	-6.00	-8.00	-9.00	-11.00	-10.00	-15.00	-22.00	-28.00	-32.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE %		49%	31%	27%	29%	32%	29%	28%	17%	23%	26%	22%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	69.59%	69.64%	69.41%	69.05%	69.02%	68.96%	68.94%	68.75%	68.63%	68.62%	68.61%	68.60%
FIIs	9.53%	8.29%	8.82%	9.13%	8.45%	9.48%	9.08%	9.35%	8.59%	8.72%	9.18%	9.52%
DIIs	12.41%	16.24%	16.99%	16.72%	17.47%	17.17%	17.28%	16.27%	16.68%	16.54%	16.76%	16.47%
Public	8.47%	5.83%	4.78%	5.11%	5.06%	4.37%	4.69%	5.62%	6.09%	6.11%	5.46%	5.41%
No. of Shareholders	11,61,090	11,78,353	10,63,054	10,57,260	10,41,168	9,67,531	9,61,296	10,28,673	10,36,632	10,19,117	9,48,916	9,37,270

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
ICICI Prudential Multi Asset Fund	9,344,891	2.32	709.88	9,344,891	2025-04-22 17:25:21	0%
Mirae Asset Large Cap Fund	6,195,311	1.24	470.63	6,195,311	2025-04-22 17:25:21	0%
ICICI Prudential ELSS Tax Saver Fund	5,317,761	3.26	403.96	5,317,761	2025-04-22 17:25:21	0%
ICICI Prudential Value Discovery Fund	5,249,296	1.06	398.76	5,249,296	2025-04-22 17:25:21	0%
Mirae Asset Large & Midcap Fund	5,121,294	1.2	389.04	5,121,294	2025-04-22 17:25:21	0%
Mirae Asset ELSS Tax Saver Fund	4,389,660	1.63	333.46	4,389,660	2025-04-22 17:25:21	0%
Nippon India Large Cap Fund	4,099,302	1.54	311.4	4,099,302	2025-04-22 13:03:41	0%
ICICI Prudential Large & Mid Cap Fund	3,827,145	2.83	290.73	3,827,145	2025-04-22 17:25:21	0%
Nippon India Focused Equity Fund	3,796,527	3.69	288.4	3,796,527	2025-04-22 17:25:21	0%
Nippon India Multi Cap Fund	3,500,657	1.08	265.93	3,500,657	2025-04-22 17:25:21	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	25.39	23.92	17.16	10.48	13.35
Diluted EPS (Rs.)	25.37	23.80	17.02	10.38	13.21
Cash EPS (Rs.)	27.39	25.60	18.71	11.78	14.36
Book Value[Excl.RevalReserv]/Share (Rs.)	127.07	103.90	82.20	67.00	56.88
Book Value[Incl.RevalReserv]/Share (Rs.)	127.07	103.90	82.20	67.00	56.88
Dividend / Share (Rs.)	2.50	2.50	2.50	1.00	1.00
Revenue From Operations / Share (Rs.)	178.43	144.46	113.21	98.64	98.79
PBDIT / Share (Rs.)	63.34	51.18	35.50	26.48	33.38
PBIT / Share (Rs.)	61.27	49.45	33.92	25.17	32.27
PBT / Share (Rs.)	33.98	32.03	23.03	14.07	18.42
Net Profit / Share (Rs.)	25.32	23.87	17.14	10.47	13.26
PBDIT Margin (%)	35.49	35.42	31.35	26.84	33.78
PBIT Margin (%)	34.34	34.23	29.96	25.51	32.66
PBT Margin (%)	19.04	22.17	20.34	14.26	18.64
Net Profit Margin (%)	14.19	16.52	15.13	10.61	13.41
Return on Networth / Equity (%)	19.92	22.97	20.84	15.62	23.30
Return on Capital Employeed (%)	26.84	24.22	35.68	16.08	22.49
Return On Assets (%)	4.13	4.95	4.66	3.64	4.91
Long Term Debt / Equity (X)	0.65	0.81	0.00	1.15	1.30
Total Debt / Equity (X)	3.30	3.16	2.96	2.87	3.25
Asset Turnover Ratio (%)	0.32	0.34	0.34	0.35	0.40
Current Ratio (X)	1.53	1.65	1.28	2.07	2.01
Quick Ratio (X)	1.53	1.65	1.28	2.07	2.01
Dividend Payout Ratio (NP) (%)	9.87	10.47	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	9.12	9.76	0.00	0.00	0.00
Earning Retention Ratio (%)	90.13	89.53	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	90.88	90.24	0.00	0.00	0.00
Interest Coverage Ratio (X)	2.32	2.94	3.26	2.39	2.41
Interest Coverage Ratio (Post Tax) (X)	1.93	2.37	2.57	1.94	1.96
Enterprise Value (Cr.)	102060.41	99721.75	102206.71	104758.10	74753.99
EV / Net Operating Revenue (X)	6.01	7.30	9.57	11.29	8.06
EV / EBITDA (X)	16.94	20.60	30.53	42.06	23.85
MarketCap / Net Operating Revenue (X)	3.82	5.12	7.52	9.42	6.26
Retention Ratios (%)	90.12	89.52	0.00	0.00	0.00
Price / BV (X)	5.37	7.12	10.36	13.87	10.87
Price / Net Operating Revenue (X)	3.82	5.12	7.52	9.42	6.26
EarningsYield	0.03	0.03	0.02	0.01	0.02

After reviewing the key financial ratios for SBI Cards & Payment Services Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 25.39. This value is within the healthy range. It has increased from 23.92 (Mar 23) to 25.39, marking an increase of 1.47.
For Diluted EPS (Rs.), as of Mar 24, the value is 25.37. This value is within the healthy range. It has increased from 23.80 (Mar 23) to 25.37, marking an increase of 1.57.
For Cash EPS (Rs.), as of Mar 24, the value is 27.39. This value is within the healthy range. It has increased from 25.60 (Mar 23) to 27.39, marking an increase of 1.79.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 127.07. It has increased from 103.90 (Mar 23) to 127.07, marking an increase of 23.17.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 127.07. It has increased from 103.90 (Mar 23) to 127.07, marking an increase of 23.17.
For Dividend / Share (Rs.), as of Mar 24, the value is 2.50. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.50.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 178.43. It has increased from 144.46 (Mar 23) to 178.43, marking an increase of 33.97.
For PBDIT / Share (Rs.), as of Mar 24, the value is 63.34. This value is within the healthy range. It has increased from 51.18 (Mar 23) to 63.34, marking an increase of 12.16.
For PBIT / Share (Rs.), as of Mar 24, the value is 61.27. This value is within the healthy range. It has increased from 49.45 (Mar 23) to 61.27, marking an increase of 11.82.
For PBT / Share (Rs.), as of Mar 24, the value is 33.98. This value is within the healthy range. It has increased from 32.03 (Mar 23) to 33.98, marking an increase of 1.95.
For Net Profit / Share (Rs.), as of Mar 24, the value is 25.32. This value is within the healthy range. It has increased from 23.87 (Mar 23) to 25.32, marking an increase of 1.45.
For PBDIT Margin (%), as of Mar 24, the value is 35.49. This value is within the healthy range. It has increased from 35.42 (Mar 23) to 35.49, marking an increase of 0.07.
For PBIT Margin (%), as of Mar 24, the value is 34.34. This value exceeds the healthy maximum of 20. It has increased from 34.23 (Mar 23) to 34.34, marking an increase of 0.11.
For PBT Margin (%), as of Mar 24, the value is 19.04. This value is within the healthy range. It has decreased from 22.17 (Mar 23) to 19.04, marking a decrease of 3.13.
For Net Profit Margin (%), as of Mar 24, the value is 14.19. This value exceeds the healthy maximum of 10. It has decreased from 16.52 (Mar 23) to 14.19, marking a decrease of 2.33.
For Return on Networth / Equity (%), as of Mar 24, the value is 19.92. This value is within the healthy range. It has decreased from 22.97 (Mar 23) to 19.92, marking a decrease of 3.05.
For Return on Capital Employeed (%), as of Mar 24, the value is 26.84. This value is within the healthy range. It has increased from 24.22 (Mar 23) to 26.84, marking an increase of 2.62.
For Return On Assets (%), as of Mar 24, the value is 4.13. This value is below the healthy minimum of 5. It has decreased from 4.95 (Mar 23) to 4.13, marking a decrease of 0.82.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.65. This value is within the healthy range. It has decreased from 0.81 (Mar 23) to 0.65, marking a decrease of 0.16.
For Total Debt / Equity (X), as of Mar 24, the value is 3.30. This value exceeds the healthy maximum of 1. It has increased from 3.16 (Mar 23) to 3.30, marking an increase of 0.14.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.32. It has decreased from 0.34 (Mar 23) to 0.32, marking a decrease of 0.02.
For Current Ratio (X), as of Mar 24, the value is 1.53. This value is within the healthy range. It has decreased from 1.65 (Mar 23) to 1.53, marking a decrease of 0.12.
For Quick Ratio (X), as of Mar 24, the value is 1.53. This value is within the healthy range. It has decreased from 1.65 (Mar 23) to 1.53, marking a decrease of 0.12.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 9.87. This value is below the healthy minimum of 20. It has decreased from 10.47 (Mar 23) to 9.87, marking a decrease of 0.60.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 9.12. This value is below the healthy minimum of 20. It has decreased from 9.76 (Mar 23) to 9.12, marking a decrease of 0.64.
For Earning Retention Ratio (%), as of Mar 24, the value is 90.13. This value exceeds the healthy maximum of 70. It has increased from 89.53 (Mar 23) to 90.13, marking an increase of 0.60.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 90.88. This value exceeds the healthy maximum of 70. It has increased from 90.24 (Mar 23) to 90.88, marking an increase of 0.64.
For Interest Coverage Ratio (X), as of Mar 24, the value is 2.32. This value is below the healthy minimum of 3. It has decreased from 2.94 (Mar 23) to 2.32, marking a decrease of 0.62.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.93. This value is below the healthy minimum of 3. It has decreased from 2.37 (Mar 23) to 1.93, marking a decrease of 0.44.
For Enterprise Value (Cr.), as of Mar 24, the value is 102,060.41. It has increased from 99,721.75 (Mar 23) to 102,060.41, marking an increase of 2,338.66.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 6.01. This value exceeds the healthy maximum of 3. It has decreased from 7.30 (Mar 23) to 6.01, marking a decrease of 1.29.
For EV / EBITDA (X), as of Mar 24, the value is 16.94. This value exceeds the healthy maximum of 15. It has decreased from 20.60 (Mar 23) to 16.94, marking a decrease of 3.66.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.82. This value exceeds the healthy maximum of 3. It has decreased from 5.12 (Mar 23) to 3.82, marking a decrease of 1.30.
For Retention Ratios (%), as of Mar 24, the value is 90.12. This value exceeds the healthy maximum of 70. It has increased from 89.52 (Mar 23) to 90.12, marking an increase of 0.60.
For Price / BV (X), as of Mar 24, the value is 5.37. This value exceeds the healthy maximum of 3. It has decreased from 7.12 (Mar 23) to 5.37, marking a decrease of 1.75.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.82. This value exceeds the healthy maximum of 3. It has decreased from 5.12 (Mar 23) to 3.82, marking a decrease of 1.30.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of SBI Cards & Payment Services Ltd as of June 1, 2025 is: 786.70

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 1, 2025, SBI Cards & Payment Services Ltd is Overvalued by 14.58% compared to the current share price 921.00

Intrinsic Value of SBI Cards & Payment Services Ltd as of June 1, 2025 is: 896.67

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, SBI Cards & Payment Services Ltd is Overvalued by 2.64% compared to the current share price 921.00

Last 5 Year EPS CAGR: 13.98%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in SBI Cards & Payment Services Ltd:
1. Net Profit Margin: 14.19%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 26.84% (Industry Average ROCE: 9.26%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 19.92% (Industry Average ROE: 10.49%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.93
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.53
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 45.7 (Industry average Stock P/E: 42.27)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 3.3
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

SBI Cards and Payment Services Ltd. is a Public Limited Listed company incorporated on 15/05/1998 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L65999DL1998PLC093849 and registration number is 093849. Currently Company is involved in the business activities of Other financial activities. Company's Total Operating Revenue is Rs. 18072.22 Cr. and Equity Capital is Rs. 951.36 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	Unit 401 & 402, 4th Floor, New Delhi Delhi 110034	investor.relations@sbicard.com https://www.sbicard.com

Management
Name	Position Held
Mr. Dinesh Kumar Khara	Chairman
Mr. Abhijit Chakravorty	Managing Director & CEO
Mr. Rajendra Kumar Saraf	Independent Director
Mr. Dinesh Kumar Mehrotra	Independent Director
Ms. Anuradha Shripad Nadkarni	Independent Director
Mr. Shriniwas Yeshwant Joshi	Independent Director
Dr. Tejendra Mohan Bhasin	Independent Director
Mr. Ashwini Kumar Tewari	Nominee Director
Mr. Nitin Chugh	Nominee Director

FAQ

What is the intrinsic value of SBI Cards & Payment Services Ltd?

SBI Cards & Payment Services Ltd's intrinsic value (as of 01 June 2025) is ₹786.70 — 14.58% lower the current market price of 921.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 87,628 Cr. market cap, FY2025-2026 high/low of ₹931/648, reserves of 12,830 Cr, and liabilities of 65,546 Cr.

What is the Market Cap of SBI Cards & Payment Services Ltd?

The Market Cap of SBI Cards & Payment Services Ltd is 87,628 Cr..

What is the current Stock Price of SBI Cards & Payment Services Ltd as on 01 June 2025?

The current stock price of SBI Cards & Payment Services Ltd as on 01 June 2025 is 921.

What is the High / Low of SBI Cards & Payment Services Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of SBI Cards & Payment Services Ltd stocks is ₹931/648.

What is the Stock P/E of SBI Cards & Payment Services Ltd?

The Stock P/E of SBI Cards & Payment Services Ltd is 45.7.

What is the Book Value of SBI Cards & Payment Services Ltd?

The Book Value of SBI Cards & Payment Services Ltd is 145.

What is the Dividend Yield of SBI Cards & Payment Services Ltd?

The Dividend Yield of SBI Cards & Payment Services Ltd is 0.27 %.

What is the ROCE of SBI Cards & Payment Services Ltd?

The ROCE of SBI Cards & Payment Services Ltd is 10.4 %.

What is the ROE of SBI Cards & Payment Services Ltd?

The ROE of SBI Cards & Payment Services Ltd is 14.8 %.

What is the Face Value of SBI Cards & Payment Services Ltd?

The Face Value of SBI Cards & Payment Services Ltd is 10.0.