Business Update Positive

2026-10-29 17:01

Current scenario: - Credit card industry maintains healthy growth with cards in force exceeding 124 million and cumulative spends crossing INR 10 trillion in first 5 months of FY27. - SBI Card reported Q2 FY27 revenue from operations at INR 5,141 crores (4% YoY growth) and PAT at INR 778 crores (75% YoY growth), driven by improved credit costs. - Cards in force grew 8% YoY to 2.32 crores, with gross credit cost improving to 5.6% and Gross NPA at 1.9%. - Additional management overlay provision of INR 30 crores made, taking total additional provisions to INR 100 crores. Management Guidance & Outlook: - Company expects cost-to-income ratio to remain around 57% to 59% for the year. - Gross credit costs are guided to stay around 6% for the current financial year. - Retail spend growth for the entire year is expected to be in the mid-teens to high-teens range. - Receivables growth is expected to pick up in the second half of the financial year starting from Q3. - NIMs are expected to remain range-bound despite pressures from rising cost of funds, supported by EMI portfolio mix optimization and yield hikes.

Governance Neutral

2026-10-29 12:43

- SBI Cards and Payment Services Limited has allotted 5,560 equity shares of face value ₹10 each pursuant to the exercise of employee stock options. - 4,600 shares allotted under ESOP Plan 2019 at an exercise price of ₹152.10 per share. - 960 shares allotted under ESOP Plan 2023 at an exercise price of ₹10 per share. - Post-allotment, the paid-up equity share capital increased from ₹9,51,64,37,830 (95,16,43,783 shares) to ₹9,51,64,93,430 (95,16,49,343 shares).

Business Update Positive

2026-10-28 14:04

SBI Cards and Payment Services Limited announced a partnership with Air India and Visa to launch a new co-branded Visa-powered credit card. - The card will offer travel and lifestyle benefits to members of Air India's Maharaja Club loyalty programme. - The collaboration aims to create a compelling travel credit card programme leveraging SBI Card's expertise, Air India's network, and Visa's payment network.

Business Update Neutral

2026-10-23 20:49

SBI Cards and Payment Services Limited has submitted the link of the audio recording for its Q2 FY27 Earnings Call held on October 23, 2026. - Concall Date and Time: October 23, 2026 at 04:00 PM.

Routine Positive

2026-10-23 18:42

- ICRA has reaffirmed the [ICRA]AAA (Stable) rating for SBI Cards and Payment Services Limited's Non-Convertible Debentures, Subordinated Debt, and Term Loans. - The rating for Bank Lines and Commercial Paper Programme has been reaffirmed at [ICRA]AAA (Stable)/[ICRA]A1+. - The rating for Rs. 800 crore NCDs has been reaffirmed and withdrawn as no amount is currently outstanding against them. - Ratings are supported by strong parentage from State Bank of India (SBI) and a comfortable liquidity position.

Financials Positive

2026-10-23 15:06

- Q2 FY27 Total Revenue increased 3% YoY to ₹5,302 Cr compared to ₹5,136 Cr in Q2 FY26. - PAT surged 75% YoY to ₹778 Cr vs ₹445 Cr, supported by a 37% drop in credit costs. - Asset quality improved with Gross NPA at 1.90% vs 2.85% YoY and Net NPA at 0.77% vs 1.29% YoY. - Cards-in-force grew 8% YoY to 2.32 Cr.

Business Update Positive

2026-10-23 14:56

- Q2 FY27 PAT increased 75% YoY to ₹778 Cr, with ROAE improving by 631 bps YoY to 18.4%. - Cards-in-force reached 2.32 Cr (up 8% YoY), adding 11.06 lakh new accounts (up 18% YoY). - Total spends grew 3% YoY to ₹1,10,689 Cr. - Asset quality improved: GNPA decreased 95 bps YoY to 1.90% and NNPA stood at 0.77%.

Financials Positive

2026-10-23 14:39

Q2 FY27 Standalone Revenue ₹5,140.53Cr vs ₹4,960.98Cr (▲3.6% YoY) EBITDA ₹1,704.39Cr vs ₹1,219.35Cr (▲39.8% YoY) PAT ₹777.60Cr vs ₹444.77Cr (▲74.8% YoY) EBITDA Margin 33.16% vs 24.58% (▲858bps)

Business Update Neutral

2026-10-19 11:36

Concall Schedule Concall Date: October 23, 2026 Concall Time: 15:00 hrs IST

Governance Neutral

2026-10-18 11:35

- SBI Cards and Payment Services Limited has informed about the vesting of 187,164 units under the SBI Card Employee Stock Option Plan 2023 (ESOP Plan 2023) on October 18, 2026. - The vested units comprise 103,615 Restricted Share Units and 83,549 Performance Share Units.

Business Update Positive

2026-10-15 15:19

- SBI Cards and Payment Services Limited has announced the launch of a new product named 'Eternal SBI Card'. - Product Category: Cash back. - Date of Launch: October 15, 2026. - Market: Domestic market.

Business Update Positive

2026-10-15 15:09

SBI Card and Eternal Limited have launched the co-branded 'Eternal SBI Card'. - Offers 10% instant discount on Zomato, District, Bistro, and electronics/beauty spends on Blinkit, with a combined monthly cap of ₹2,000. - Provides 5% cashback on partners like Uber, ixigo, Urban Company, and Apollo 24/7 (up to ₹1,000/month). - Features a 6-month complimentary Zomato Gold membership for a ₹499 joining fee and a spend-based annual fee waiver on annual spends of ₹2,00,000.

Business Update Neutral

2026-09-30 23:15

Concall Schedule Concall Date: September 30, 2026 Concall Time: 06:00 PM - 07:00 PM

Business Update Neutral

2026-09-29 18:42

- SBI Cards and Payment Services Limited informed the exchange about a schedule of investor/analyst meet. - One-on-one call was held with SBI MF on 29.09.2026 at Gurugram. - Information already available in the public domain was shared during the meeting.

Business Update Neutral

2026-09-28 19:09

- SBI Cards and Payment Services Limited informed about a one-on-one meeting with investor/analyst Millennium Partners. - The meeting was held on September 28, 2026, from 05:00 PM to 06:00 PM at Gurugram. - Only information already available in the public domain was shared during the interaction.

Business Update Neutral

2026-09-28 18:51

Concall Schedule Concall Date: 28.09.2026 Concall Time: 02:00 PM

Business Update Neutral

2026-09-25 19:11

- SBI Cards and Payment Services Limited informed the exchange about a completed investor/analyst meet. - One-on-one call was held with Bofa on 25.09.2026 at 05:00 PM at Gurugram. - Information already available in the public domain was shared during the meeting.

Business Update Neutral

2026-09-25 17:42

Concall Schedule Concall Date: 30.09.2026 Concall Time: 06:00 PM

Routine Neutral

2026-09-25 14:29

- Trading window for dealing in securities will remain closed from October 1, 2026. - Closure will remain effective until 48 hours after the declaration of financial results for the quarter ended September 30, 2026.

Routine Neutral

2026-09-25 11:35

- SBI Cards and Payment Services Limited has allotted 685 equity shares of face value ₹10 each on September 24, 2026. - Allotment done pursuant to exercise of options under ESOP Plan 2023 at an exercise price of ₹10 per share. - Paid-up equity capital increased from ₹9,51,64,30,980 to ₹9,51,64,37,830.

Business Update Neutral

2026-09-24 18:04

Concall Schedule Concall Date: 24.09.2026 Concall Time: 01:30 PM

Business Update Neutral

2026-09-24 17:55

Concall Schedule Concall Date: 24.09.2026 Concall Time: 11:00 AM

Business Update Neutral

2026-09-23 19:06

- Concall Schedule - Concall Date: 28.09.2026 - Concall Time: 02:00 PM

Business Update Positive

2026-09-23 16:03

- SBI Card launched the Fixed Deposit Backed Secured Advantage SBI Card on SBI YONO. - Offers a 100% digital, paperless journey to avail secured credit cards in 10 minutes. - Aims to enhance credit access and help customers establish/strengthen their credit profiles.

Governance Neutral

2026-09-22 18:01

- SBI Cards and Payment Services Limited has appointed M/s. V.K. Dhingra & Co. and M/s. S.P. Chopra & Co. as Joint Statutory Auditors for the Financial Year 2026-27, effective September 22, 2026.

Governance Neutral

2026-09-21 20:07

- The Board of Directors of SBI Cards and Payment Services Limited, in its meeting on September 21, 2026, considered and revised the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. - This revision is formulated in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Business Update Positive

2026-09-18 12:28

- SBI Cards and Payments Services Limited received an Environmental, Social and Governance (ESG) rating of 76.31 from Niche Ninety Nine Capability and Certifications (OPC) Private Limited.

Business Update Neutral

2026-09-17 18:41

- SBI Cards and Payment Services Limited representatives participated in a Group Meeting organized by Jefferies on September 17, 2026, from 09:00 AM to 12:50 PM. - Information already available in the public domain was shared with the participants.

Business Update Neutral

2026-09-15 20:51

- Investor/Analyst Meet: SBI Card representatives participated in a Group Meeting organized by Jefferies. - Concall Date: September 15, 2026 - Concall Time: 11:30 AM - 02:30 PM - Location: Gurugram - Participants: A list of 30 investment firms/funds attended the meeting.

Business Update Neutral

2026-09-15 18:32

- Investor/Analyst Meet Update - One-on-one call held with Mahindra Manu Life - Date: September 15, 2026 - Time: 05:00 PM to 05:48 PM - Location: Gurugram - Information shared was already available in public domain.

Business Update Neutral

2026-09-11 12:28

- Concall Schedule - Concall Date: 17.09.2026 - Concall Time: 09:00 AM

Business Update Positive

2026-09-09 16:30

- SBI Cards and Payment Services Ltd. received a 'Crisil ESG 71' rating under the 'Leadership' category from Crisil ESG Ratings & Analytics Ltd. based on FY26 data.

Business Update Neutral

2026-09-08 18:44

- Concall Schedule - Concall Date: September 15, 2026 - Concall Time: 11:30 AM - Organizer: Jefferies - Mode: In-Person at Gurugram

Business Update Neutral

2026-09-03 17:40

- SBI Cards and Payment Services Limited has been assigned an Environmental, Social, and Governance (ESG) Score of 66 by ESG Risk Assessments & Insights Limited.

Business Update Neutral

2026-09-02 18:48

- SBI Card held a one-on-one call with Bernstein on September 02, 2026, from 5:00 PM to 6:00 PM in Gurugram. All information shared was already in the public domain.

Business Update Neutral

2026-09-01 19:36

- SBI Card representatives participated in a Group Call(s) with investors/analysts organized by Morgan Stanley on September 01, 2026. - The call was held from 05:05 PM to 05:48 PM. - Information already in the public domain was shared. - 30 investor/analyst entities participated, as listed in Annexure-1.

Business Update Neutral

2026-09-01 16:13

- A one-on-one call with State Street Investment Management was held on September 01, 2026, from 12:00 Noon to 12:48 PM. Information already available in the public domain was shared.

Business Update Neutral

2026-08-28 17:53

- SBI Card cancelled its scheduled investor/analyst group meet with Morgan Stanley on August 28, 2026, at 11:00 AM. - The cancellation is due to certain unavoidable circumstances.

Business Update Neutral

2026-08-27 22:06

- Concall Schedule - Concall Date: 01.09.2026 - Concall Time: 05:00 PM

Business Update Neutral

2026-08-25 19:25

- SBI Card announced the cancellation of its Investor/Analyst Group Meet with CITI Financial, scheduled for August 25, 2026, at 5:00 PM, due to unavoidable circumstances.

Business Update Neutral

2026-08-25 19:09

- Concall Schedule - Concall Date: August 28, 2026 - Concall Time: 11:00 AM

Ownership Neutral

2026-08-24 14:52

- SBI Card allotted 606 equity shares to eligible participants under its ESOP Plan 2023 at an exercise price of Rs. 10 per share. - This resulted in an increase in the company's paid-up capital from Rs. 9,51,64,24,920 to Rs. 9,51,64,30,980.

Business Update Neutral

2026-08-21 18:36

- SBI Cards and Payment Services Ltd. representatives participated in a Group Meeting(s) on August 21, 2026. - The meeting was organized by ICICI Securities in Gurugram, from 04:45 PM to 05:30 PM. - Participants included Balyasny Asset Management, Dymon Asia Capital, and Millenium Partners. - Information already in the public domain was shared.

Business Update Neutral

2026-08-20 16:46

- Investor/Analyst Meet held by SBI Cards and Payment Services Limited. - Date: August 20, 2026, from 12:00 PM to 12:45 PM. - Participant: Kotak Mahindra Life Insurance. - Location: Gurugram.

Business Update Neutral

2026-08-19 16:48

- Concall Schedule - Concall Date: 25.08.2026 - Concall Time: 05:00 PM

Business Update Neutral

2026-08-17 17:18

- Investor/Analyst Meet Schedule - Meet Date: August 21, 2026 - Meet Time: 12:00 Noon - Mode: In-Person at Gurugram, organized by ICICI Securities

Routine Neutral

2026-08-17 17:09

New Filing detected. See link for details.

Business Update Neutral

2026-08-12 17:41

- SBI Cards and Payment Services Limited held a one-on-one investor/analyst call with ADIA on August 12, 2026, from 03:00 PM to 04:10 PM at Gurugram. - Information already available in the public domain was shared during the call.

Business Update Neutral

2026-08-11 18:09

- SBI Card held a one-on-one call with investor/analyst Avendus Spark on August 11, 2026, from 04:00 PM to 05:09 PM at Gurugram. - Information shared during the call was already available in the public domain.

Business Update Neutral

2026-08-10 17:38

- SBI Cards and Payment Services Limited held a one-on-one investor/analyst call with Morgan Stanley on August 10, 2026, from 11:00 AM to 11:40 AM in Gurugram. - Information already available in the public domain was shared during the meeting.

Governance Neutral

2026-08-03 22:40

- The Company disclosed sending letters to shareholders regarding the 28th Annual General Meeting and the Integrated Annual Report for FY 2025-26. - The 28th AGM is scheduled for Monday, August 31, 2026, at 11:00 A.M. (IST) via Video Conferencing.

Governance Neutral

2026-08-03 22:23

- SBI Cards to hold its 28th AGM on August 31, 2026, at 11:00 A.M. (IST) via VC/OAVM. - Agenda includes adopting FY2025-26 financials, fixing auditor remuneration, and confirming an interim dividend of ₹2.50/share for FY2025-26. - Remote e-voting is scheduled from August 28-30, 2026.

Business Update Positive

2026-07-30 19:06

- Q1 FY27 PAT grew 20% YoY to INR664 crores, and total revenue was INR5,205 crores (▲3% YoY). - ROA for the quarter was 3.9% (▲51bps YoY) and ROE 16.5% (▲72bps YoY), with a medium-term ROA guidance of 4-4.5%. - Gross Credit Cost improved by 301bps YoY to 6.5%, with Gross NPA at 2.04% and Net NPA at 0.83%. Credit cost is expected to moderate further. - Total spends reached a record INR1,18,475 crores (▲27% YoY), driven by over 1 million new accounts (▲17% YoY) and 7% YoY growth in cards in force. - The company expects asset growth to accelerate from H2 FY27 and anticipates an uptick in the EMI portfolio during the festive season. - FY27 cost-to-income ratio is projected to be in the range of 56-58%.

Business Update Neutral

2026-07-30 17:40

- Investor/Analyst Meet held - Date: July 30, 2026 - Time: 02:00 PM to 02:53 PM - Participant: Quantum Advisors - Information shared was already in the public domain.

Business Update Positive

2026-07-29 16:01

- SBI Card launched 'Google Pay Flex SBI Card' on July 29, 2026. - This new rewards category product is for the domestic market.

Business Update Positive

2026-07-29 15:54

- SBI Card and Google Pay jointly launched the co-branded 'Google Pay Flex SBI Card'. - The card offers rewards, instant redemption of 'Stars' (1 Star = ₹1), and flexible EMI options. - It provides a unified digital payment experience, allowing application, account management, and payments via the Google Pay app. - Available on RuPay and VISA networks, the RuPay variant can be linked to UPI. - Key benefits include a ₹1000 welcome gift and various reward and milestone programs. The joining/annual fee is ₹499 + taxes, with a reversal option on ₹1,00,000 annual spends.

Business Update Neutral

2026-07-24 19:37

- Audio recording of SBI Card Q1'FY27 Earnings Call held on July 24, 2026, at 06:00 PM is now available. - The link to the audio recording has been provided for analysts/investors.

Financials Positive

2026-07-24 16:35

- Consolidated Revenue ₹5,205 Cr vs ₹5,035 Cr (▲3% YoY) - EBITDA ₹1,473 Cr vs ₹1,403 Cr (▲5% YoY) - PAT ₹664 Cr vs ₹556 Cr (▲20% YoY) - EBITDA Margin 28.29% vs 27.86% (▲43bps)

Financials Positive

2026-07-24 16:21

- Revenue from operations ₹5,040.55Cr vs ₹4,876.92Cr (▲3.4% YoY) - EBITDA ₹1,668.17Cr vs ₹1,596.21Cr (▲4.5% YoY) - PAT ₹664.44Cr vs ₹555.96Cr (▲19.5% YoY) - EBITDA Margin 33.09% vs 32.73% (▲36bps) - Gross NPA improved to 2.04% (from 2.41% as of March 31, 2026) and Net NPA improved to 0.83% (from 1.04% as of March 31, 2026).

Ownership Positive

2026-07-23 15:48

- Allotment of 27,984 equity shares on July 23, 2026, upon exercise of Employee Stock Options (ESOP Plan 2019 & 2023). - Post-allotment, paid-up capital increased from ₹9,51,61,45,080 to ₹9,51,64,24,920.

Business Update Neutral

2026-07-17 14:20

- Concall Schedule for Q1'FY27 Earnings Call - Concall Date: July 24, 2026 - Concall Time: 05:00 PM IST

Business Update Neutral

2026-06-30 18:29

- SBI Card held one-on-one call(s) with Morgan Stanley on June 30, 2026, from 12:00 PM to 12:25 PM in Gurugram. - Information shared was already in the public domain.

Business Update Neutral

2026-06-29 17:33

- One-on-one call held with investor/analyst Jefferies on June 29, 2026, from 11:00 AM to 12:00 PM. Information already in public domain was shared.

Routine Neutral

2026-06-26 15:38

- Trading window for dealing in company securities will be closed from July 1, 2026. - It will reopen 48 hours after the declaration of financial results for the quarter ended June 30, 2026.

Business Update Negative

2026-06-25 18:31

- Cancellation of Investor/Analyst Meet - Date and Time of original meet: June 25, 2026, 03:00 PM - Reason for cancellation: Unavoidable circumstances - Organizer: CITI Financials

Business Update Neutral

2026-06-24 19:32

- SBI Cards and Payment Services Limited held a one-on-one meeting with investor/analyst LIC (organized by Axis Capital) on June 24, 2026, from 04:00 PM to 05:00 PM in Mumbai. Information already available in the public domain was shared.

Business Update Neutral

2026-06-24 19:24

- A one-on-one Investor/Analyst Meet was held with TATA MF, organized by Axis Capital. - The meeting took place on June 24, 2026, from 02:10 PM to 03:00 PM. - Information already available in the public domain was shared.

Business Update Neutral

2026-06-24 19:18

- SBI Cards and Payment Services Limited held a one-on-one investor/analyst meet with Nippon MF, organized by Axis Capital, on June 24, 2026, in Mumbai. Information already in the public domain was shared.

Business Update Neutral

2026-06-24 19:11

- One-on-one investor/analyst meet held on June 24, 2026, from 10:30 AM to 11:30 AM. - Attended by ICICI MF, organized by Axis Capital. - Information already in the public domain was shared during the meeting.

Ownership Neutral

2026-06-24 14:30

- Allotment of 5,214 Equity shares to eligible employees under the SBI Card - Employee Stock Option Plan 2023 (ESOP Plan 2023) at an exercise price of Rs. 10 per share. - Post allotment, the paid-up capital increased from ₹9,51,60,92,940 to ₹9,51,61,45,080.

Business Update Neutral

2026-06-23 19:12

- SBI Cards and Payment Services Ltd. representatives participated in a Group Meeting organized by JM Financials India Finance Forum on June 23, 2026, from 12:00 Noon to 04:00 PM. - Information already available in the public domain was shared with the attendees. - A list of participating investors/analysts is annexed.

Governance Neutral

2026-06-22 13:18

- Board of Directors approved the appointment of Mr. Chander Kant as EVP & Head-Internal Audit for 3 years, effective July 01, 2026. - Mr. Ved Prakash will demit office on June 30, 2026, upon completion of his term.

Governance Neutral

2026-06-22 13:13

- The Board of Directors approved the appointment of Mr. Chander Kant as EVP & Head-Internal Audit for a period of 3 years, effective July 01, 2026. - Mr. Ved Prakash, EVP & Head-Internal Audit, will demit office on June 30, 2026, upon completion of his term.

Business Update Neutral

2026-06-19 18:40

- Concall Schedule - Concall Date: June 25, 2026 - Concall Time: 03:00 PM - Organized by CITI Financials as a virtual group meeting.

Business Update Neutral

2026-06-16 18:31

- Concall Schedule - Concall Date: June 23, 2026 - Concall Time: 12:00 Noon - Organized by: JM Financial India Finance Forum - Mode: In-Person at Mumbai

Business Update Neutral

2026-06-05 17:13

- SBI Cards held a one-on-one meeting with Karma Capital Advisors on June 05, 2026. - The meeting took place in Gurugram from 3:00 PM to 4:00 PM, sharing information already in the public domain.

Business Update Neutral

2026-06-02 19:06

- Company representatives participated in Group Call(s) organized by Goldman Sachs on June 02, 2026, at Gurugram. - Information already available in the public domain was shared with the investors/analysts. - A list of participants, including various asset management firms, is annexed.

Business Update Neutral

2026-06-02 18:47

- Investor/Analyst Meet with HSBC Global Assets Management HK - Meet Date: June 02, 2026 - Meet Time: 11:05 AM to 12:00 PM - Location: Gurugram - Information shared was already available in public domain.

Governance Negative

2026-05-30 19:35

CRITICAL RED FLAG DETECTED

SBI Cards and Payment Services Limited's Board of Directors approved the appointment of Mr. Saurav Ghosh as Chief Operating Officer (COO) for a period of two years, effective June 21, 2026. Concurrently, Mr. Ashutosh Kumar Sharma, the current COO, will demit office upon completion of his term on June 20, 2026.

Governance Neutral

2026-05-30 19:31

SBI Cards and Payment Services Limited announced the appointment of Mr. Saurav Ghosh as Chief Operating Officer for a two-year term, effective June 21, 2026. This decision was made at the Board of Directors meeting held on May 30, 2026. Mr. Saurav Ghosh will succeed Mr. Ashutosh Kumar Sharma, who will demit office upon the completion of his term on June 20, 2026.

Business Update Neutral

2026-05-29 18:44

SBI Cards and Payment Services Limited disclosed a one-on-one meeting with ICICI Prudential MF on May 29, 2026, held in Gurugram from 04:20 PM to 05:20 PM. During the meeting, information already available in the public domain was shared.

Routine Neutral

2026-05-26 18:52

SBI Card informed about the allotment of 3,905 equity shares on May 26, 2026, to eligible employees who exercised options under the ESOP Plan 2019 (2,150 shares at Rs. 152.10 exercise price) and ESOP Plan 2023 (1,755 shares at Rs. 10 exercise price). Post-allotment, the paid-up capital increased from ₹9,51,60,53,890 to ₹9,51,60,92,940, and the total equity shares increased from 95,16,05,389 to 95,16,09,294, each with a face value of Rs. 10.

Business Update Neutral

2026-05-26 18:44

SBI Cards and Payment Services Limited has scheduled a group meeting/call with Goldman Sachs on June 2, 2026, at 12:00 Noon, to be held virtually at Gurugram. The company will share information already available in the public domain during this interaction with investors/analysts.

Business Update Neutral

2026-05-19 17:53

SBI Cards and Payment Services Limited held a one-on-one meeting with ICICI Securities on May 19, 2026, from 12:00 Noon to 01:00 PM at Gurugram, as per Regulation 30 of SEBI (LODR) Regulations, 2015. Information already available in the public domain was shared.

Routine Neutral

2026-05-13 18:25

SBI Cards and Payment Services Limited submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026. The report, issued by Agarwal S. & Associates, Company Secretaries, confirms that the company has complied with the provisions of Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable SEBI regulations and guidelines during the review period, with no specified deviations or observations.

Business Update Positive

2026-05-02 19:55

SBI Card management expects its cost-to-income ratio to be between 55-58% for FY'27, and anticipates a slight downward bias in revolve rates, which it aims to offset through installment lending. Net Interest Margin (NIM) is projected to remain stable, though at risk from rising funding costs. Credit costs are expected to moderate further in FY'27. The company targets 9 lakh to 1 million new account acquisitions per quarter and aims for a 4-4.5% Return on Assets (ROA) in the medium term. This growth is driven by continued focus on digital acquisition, product innovation, and selective underwriting, with 70% of new sourcing from salaried customers in Q4 FY'26. An additional INR220 crores overlay for ECL provision is being retained due to geopolitical uncertainties.

Ownership Neutral

2026-04-29 10:32

SBI Cards and Payment Services Limited announced on April 29, 2026, the allotment of 5,138 equity shares (face value Rs. 10/- each) to eligible employees who exercised their Employee Stock Options under ESOP Plan 2019 (2,000 shares at Rs. 152.10) and ESOP Plan 2023 (3,138 shares at Rs. 10). This routine corporate action increased the company's paid-up capital from Rs. 9,51,60,02,510 to Rs. 9,51,60,53,890.

Business Update Neutral

2026-04-27 18:23

SBI Card has made available the audio recording of its Q4'FY26 Earnings Call held on April 27, 2026, for analysts and investors. The recording can be accessed at the provided link.

Financials Positive

2026-04-27 15:01

Total Income ₹5,187Cr vs ₹4,832Cr (▲7.3% YoY), Operating Profit (before credit costs) ₹1,913Cr vs ₹1,964Cr (▼2.6% YoY), PAT ₹609Cr vs ₹534Cr (▲14.0% YoY). Operating Profit Margin 36.9% vs 40.6% (▼370bps).

Financials Positive

2026-04-27 14:40

Consolidated Revenue ₹4,934.50Cr vs ₹4,673.95Cr (▲6% YoY), EBITDA ₹1,561.85Cr vs ₹1,512.10Cr (▲3% YoY), PAT ₹609.30Cr vs ₹534.18Cr (▲14% YoY). EBITDA Margin 31.65% vs 32.35% (▼70bps). The company also announced an interim dividend of ₹2.50 per share and saw a reduction in Gross NPA (from 3.08% to 2.41%) and Net NPA (from 1.46% to 1.04%) YoY.

Business Update Neutral

2026-04-22 16:42

SBI Cards and Payment Services Ltd. announced an Earnings Call for analysts/investors on April 27, 2026, at 3:30 PM IST to discuss the Q4'FY26 results. Dial-in details and a Diamond Pass link are provided.

Routine Neutral

2026-04-08 13:03

SBI Cards and Payment Services Limited submitted a Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026. It confirms that no dematerialization requests were received or pending from the Registrar and Share Transfer Agent during this period.

Business Update Positive

2026-04-07 10:38

SBI Cards and Payment Services Limited announced that ESG Risk Assessments & Insights Limited has assigned an Environmental, Social, and Governance (ESG) Score of 71 to the company, as intimated on April 6, 2026.

Governance Positive

2026-04-01 19:12

SBI Cards and Payment Services Ltd. announced the appointment of Mr. Amit Batra as EVP & Chief Strategy Officer, effective July 01, 2026. The Board approved this appointment on April 01, 2026.

Routine Neutral

2026-03-25 16:07

SBI Cards and Payment Services Limited announced the closure of its trading window for designated persons from April 1, 2026, until 48 hours after the declaration of financial results for the period ended March 31, 2026, in compliance with SEBI insider trading regulations.

Ownership Neutral

2026-03-22 12:29

SBI Card allotted 5,530 equity shares on March 22, 2026, to eligible participants upon exercise of Employee Stock Options under the ESOP Schemes 2019 and 2023. This resulted in an increase of the company's paid-up capital from ₹951.59 Cr to ₹951.60 Cr.

Business Update Neutral

2026-03-18 18:35

SBI Cards and Payment Services Limited disclosed an Investor/Analyst Group Call(s) held on March 18, 2026, in Gurugram, organized by Morgan Stanley. Company representatives met with 42 investment firms and analysts, sharing information already in the public domain.

Business Update Neutral

2026-03-12 16:45

SBI Cards and Payment Services Limited will hold a virtual Group Investor/Analyst Meet with Morgan Stanley on March 18, 2026, at 02:30 PM to interact with investors/analysts. Information already in the public domain will be shared.

Business Update Neutral

2026-03-10 16:58

SBI Card held one-on-one investor/analyst meetings on March 10, 2026, organized by JP Morgan, with GIC Private Limited, M&G Investment Management, Temasek Holdings, Citadel Asset Management, and Eastspring Investments. Information already in the public domain was shared.

Business Update Neutral

2026-03-09 16:55

SBI Card disclosed a one-on-one investor/analyst meet, organized by JP Morgan, held on March 09, 2026, in Singapore. Numerous institutional investors and analysts participated in the meeting.

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SBI Cards and Payment Services Ltd

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