SBI Cards and Payment Services Q2 results, quarter to Sep 2026
NSE: SBICARDBSE: 543066FinanceMid Cap
SBI Cards and Payment Services Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Mar 2020 · Issue price ₹755
Last close ₹540.00up ₹12.45 (2.36%)BSE ₹540.00
Share price at the NSE close on 29 Oct 2026. Previous close ₹527.55.
29 Oct: open ₹527.55, high ₹540.75, low ₹524.20
52-week range of traded prices to 29 Oct 2026
₹519.05Low, 28 Oct 2026₹915.00High, 30 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹51,389 Cr161st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 19.70
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.99
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.46%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 16.3%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 11.24%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Cost of funds in the glossary
- 6.90%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Credit cost in the glossary
- 9.11%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 3.29%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Assets per rupee of net worth in the glossary
- 4.47times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 7,76,11948.6% delivered
SBI Cards and Payment Services filed its Q2 results for the quarter to Sep 2026 on 23 Oct 2026 at 8:27 pm, standalone: the listed company alone, without its subsidiaries.
Q2 results, quarter to Sep 2026
₹ crore.SBI Cards and Payment Services annual results and balance sheet
- Income from operationsIncome from operations. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.
- ₹5,141 Cr+3.6% on a year ago · +2.0% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹778 Cr+74.8% on a year ago · +17.0% on the quarter before
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- ₹8.17+74.9% on a year ago · +17.0% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, on the quarter before wherever the profit of that quarter was restated, and across a change of basis named under the table, on the lines it affects.
- Net interest incomeNet interest income. Interest earned − interest paid; for a finance company, interest earned − finance costs. Net interest income in the glossary
- ₹1,724 Cr
- Profit before provisionsProfit before provisions. Profit before anything is set aside for loans that may not be repaid: for a bank, total income − its expenses other than provisions, as stated, which are interest paid and operating expenses; for a finance company, total income − finance costs − operating expenses. Profit before provisions in the glossary
- ₹1,865 Cr
From interest earned to net profit, ₹ crore
- Interest earned2,511
- Interest paid−787
- Net interest income1,724
- Other income+2,791
- Operating expenses−2,649
- Before provisions1,865
- Set aside for bad loans−819
- Profit before tax1,046
- Tax−268
- Net profit778
SBI Cards and Payment Services results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date
Income from operations and net profit by quarter, ₹ crore
- Income from operations
- Net profit
Net interest income and money set aside for bad loans by quarter, ₹ crore
- Net interest income
- Set aside for bad loans
| ₹ crore | Dec 2021Q3 | Mar 2022 | Jun 2022Q1 | Sep 2022 | Dec 2022Q3 | Mar 2023 | Jun 2023Q1 | Sep 2023 | Dec 2023Q3 | Mar 2024 | Jun 2024Q1 | Sep 2024 | Dec 2024Q3 | Mar 2025Q4 | Jun 2025Q1 | Sep 2025Q2 | Dec 2025Q3 | Mar 2026Q4 | Jun 2026Q1 | Sep 2026Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income from operations | 2,889 | 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 | 4,877 | 4,961 | 5,127 | 4,935 | 5,041 | 5,141 |
| Interest earned | 1,273 | 1,266 | 1,387 | 1,484 | 1,609 | 1,672 | 1,804 | 1,902 | 2,082 | 2,139 | 2,243 | 2,290 | 2,399 | 2,415 | 2,493 | 2,490 | 2,536 | 2,382 | 2,421 | 2,511 |
| Interest paid | 277 | 267 | 308 | 368 | 464 | 507 | 571 | 605 | 695 | 724 | 767 | 788 | 829 | 795 | 813 | 760 | 785 | 714 | 745 | 787 |
| Net interest income | 997 | 999 | 1,079 | 1,117 | 1,145 | 1,165 | 1,233 | 1,297 | 1,387 | 1,415 | 1,476 | 1,502 | 1,570 | 1,620 | 1,680 | 1,730 | 1,751 | 1,668 | 1,676 | 1,724 |
| Other income. Income besides interest, for the period: for a bank, its other income as stated, such as fees, commissions and gains on investments; for a finance company, total income − interest earned, or where total income is not stated, fees and commission + gains on fair value changes + other income. Other income in the glossary | 1,866 | 1,750 | 1,876 | 1,969 | 2,047 | 2,244 | 2,242 | 2,320 | 2,659 | 2,336 | 2,239 | 2,266 | 2,367 | 2,417 | 2,542 | 2,647 | 2,817 | 2,805 | 2,785 | 2,791 |
| Fees and commissionFees and commission. Fees and commissions the finance company charged its customers in the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Fees and commission in the glossary | 1,457 | 1,427 | 1,538 | 1,611 | 1,670 | 1,786 | 1,898 | 1,974 | 2,293 | 2,000 | 1,928 | 1,957 | 2,025 | 2,093 | 2,191 | 2,265 | 2,367 | 2,343 | 2,406 | 2,434 |
| Gains on fair value changesGains on fair value changes. Gains on investments and other holdings counted at their market value, for the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Gains on fair value changes in the glossary | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of servicesSale of services. Revenue from services the finance company provided, outside its lending, for the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Sale of services in the glossary | 37 | 35 | 35 | 39 | 47 | 45 | 39 | 42 | 45 | 38 | 33 | 34 | 33 | 27 | 26 | 20 | 21 | 6 | 10 | 7 |
| Other operating revenueOther operating revenue. Revenue from operations besides interest, fees, gains, dividends, rent and sales, for the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Other operating revenue in the glossary | 122 | 122 | 140 | 163 | 182 | 259 | 170 | 170 | 202 | 171 | 155 | 140 | 162 | 139 | 167 | 185 | 204 | 204 | 205 | 188 |
| Income outside operationsIncome outside operations. The finance company's income outside its revenue from operations, for the period, as its statement gives it. Income outside operations in the glossary | 250 | 166 | 163 | 156 | 149 | 154 | 134 | 134 | 120 | 127 | 124 | 135 | 148 | 158 | 158 | 176 | 226 | 253 | 165 | 161 |
| The lines under it are parts of it, not all of it. | 2,344 | 1,577 | 1,663 | 1,834 | 1,975 | 1,980 | 1,960 | 2,066 | 2,426 | 1,918 | 1,816 | 2,011 | 2,107 | 2,073 | 2,123 | 2,484 | 2,597 | 2,561 | 2,620 | 2,649 |
| Profit before provisions | 519 | 1,172 | 1,291 | 1,252 | 1,217 | 1,429 | 1,515 | 1,551 | 1,621 | 1,833 | 1,900 | 1,757 | 1,831 | 1,964 | 2,100 | 1,892 | 1,971 | 1,913 | 1,841 | 1,865 |
| Set aside for bad loansProvisions for bad loans. What was set aside in the period for loans that may not be repaid: for a bank, its provisions other than for tax, which also cover its investments and loans still being repaid; for a finance company, the impairment of its loans and other financial assets. Provisions for bad loans in the glossary | 0 | 393 | 450 | 546 | 533 | 630 | 719 | 742 | 883 | 944 | 1,101 | 1,212 | 1,313 | 1,245 | 1,352 | 1,293 | 1,222 | 1,097 | 948 | 819 |
| Exceptional itemsExceptional items. One-off gains or losses the company states separately, for the period; on a bank's group accounts, not given where the line is the outside owners' share of its subsidiaries' profit. Exceptional items in the glossary | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 519 | 779 | 841 | 706 | 684 | 800 | 797 | 809 | 738 | 888 | 799 | 545 | 518 | 719 | 748 | 600 | 749 | 816 | 893 | 1,046 |
| 133 | 198 | 214 | 180 | 175 | 203 | 203 | 206 | 189 | 226 | 205 | 141 | 134 | 184 | 192 | 155 | 192 | 207 | 229 | 268 | |
| Net profit | 386 | 581 | 627 | 526 | 509 | 596 | 593 | 603 | 549 | 662 | 594 | 404 | 383 | 534 | 556 | 445 | 557 | 609 | 664 | 778 |
| Other comprehensive incomeOther comprehensive income. Gains and losses after tax that bypass profit, such as the change in value of some investments and of pension obligations. Other comprehensive income in the glossary | 6 | 3 | −11 | 5 | 0 | 3 | −5 | 2 | 1 | 1 | −2 | 1 | 1 | 3 | −2 | 2 | 2 | 7 | 1 | 1 |
| Total comprehensive incomeTotal comprehensive income. Profit + other comprehensive income, given where the two come to it. Total comprehensive income in the glossary | 391 | 584 | 616 | 530 | 510 | 599 | 588 | 605 | 550 | 663 | 592 | 405 | 384 | 537 | 554 | 446 | 558 | 616 | 665 | 779 |
| Earnings per shareEarnings per share. The earnings per share stated for the period ÷ the split factor, so a figure from before a split sits on the same share as today's; a figure the company filed after a split or bonus is already on the new share count and is divided by the splits after its filing day only. | ₹4.10 | ₹6.16 | ₹6.65 | ₹5.57 | ₹5.39 | ₹6.31 | ₹6.27 | ₹6.37 | ₹5.78 | ₹6.97 | ₹6.25 | ₹4.25 | ₹4.03 | ₹5.62 | ₹5.84 | ₹4.67 | ₹5.85 | ₹6.40 | ₹6.98 | ₹8.17 |
| Diluted earnings per shareDiluted earnings per share. That diluted earnings per share on today's share count, restated by the same splits and bonuses as the basic figure. Diluted earnings per share in the glossary | ₹4.07 | ₹6.11 | ₹6.60 | ₹5.53 | ₹5.36 | ₹6.28 | ₹6.24 | ₹6.35 | ₹5.78 | ₹6.96 | ₹6.25 | ₹4.25 | ₹4.03 | ₹5.61 | ₹5.84 | ₹4.67 | ₹5.85 | ₹6.40 | ₹6.98 | ₹8.17 |
Earnings per share in rupees, restated for later splits and bonuses.