SBI Card's share price has been steadily increasing over the years, with a current market capitalization of over ₹50,000 crores.
The company's revenue has consistently grown, with a 25% year-on-year increase in the last quarter.
As of the latest financial results, SBI Card's total outstanding credit card business stands at ₹1.35 lakh crores.
SBI Card has been successful in expanding its customer base, with over 10 million active credit cards issued.
The company's net interest income has seen a significant jump, reaching ₹2,500 crores in the last quarter.
SBI Card's asset quality has also improved, with a gross non-performing asset (NPA) ratio of 3.15%.
Card Price Analysis
The SBI Cards & Payment Services share price has been fluctuating over the past year, with a 52 Week Low of 649.00 and a 52 Week High of 817.05.
In the last week, the share price has seen a 3.46% increase, while over the past 6 months, it has decreased by 2.25%. This indicates some volatility in the market.
The share price has seen a significant drop in the last year, with a -8.72% decrease. However, it's worth noting that the company has reported an 8.2% year-on-year increase in total revenue for the same period.
Here's a breakdown of the share price movement over different time periods:
The strong buy ratings for SBI Cards & Payment Services have remained consistent over the past few months, with 1 rating out of 24 analysts recommending a strong buy.
Key Metrics and Analysis
The key metrics for SBI Cards & Payment Services share are quite revealing. Market Cap stands at ₹66,851.58 crore.
The beta of the stock is 0.78, indicating a relatively stable investment. The dividend yield is 0.36%, which is a decent return for investors.
The price-to-book (P/B) ratio is 5.53, suggesting that the stock is trading at a premium. The debt-to-equity (D/E) ratio is 3.30, indicating a moderate level of debt.
Here are the key ratios and metrics at a glance:
Key Metrics
SBI Cards & Payment Services has a market capitalization of ₹66,851.58 crore.
The company's beta is 0.78, indicating a relatively stable stock.
The dividend yield is 0.36%, which is a relatively low return on investment.
The price-to-book ratio is 5.53, suggesting that the stock is trading at a premium.
The debt-to-equity ratio is 3.30, indicating a significant amount of debt on the company's balance sheet.
The stock's current price is ₹702.70, and the previous close was ₹702.60.
Here's a breakdown of the key metrics:
The stock has shown a 3.46% increase in the last week, but a 6.28% decline over the past three months.
Return
The return on investment for SBI Cards and Payment Services is a crucial metric to consider. Over the past week, the stock has shown a return of 3.46%.
In the last three months, the stock has actually decreased by 6.28%. This may be a cause for concern for some investors.
One-year performance is particularly noteworthy, with a return of -8.72%. This indicates that the stock has been performing poorly over the long term.
Here's a breakdown of the stock's performance over different time periods:
The daily return of 1.85% over the past day is also worth noting.
Technical Analysis
The technical analysis of the SBI Card share price reveals some interesting trends.
The 50-day moving average is currently at 699.17, which indicates a bearish trend.
Looking at the longer-term trends, the 100-day moving average is at 724.42, suggesting a moderately bearish trend.
However, the 300-day moving average is at 721.51, which is relatively close to the 100-day average, indicating a more neutral trend.
Here's a summary of the technical trends:
- Bearish
- Moderately Bearish
- Neutral
- Moderately Bullish
- Bullish
We can also see that the 50-day average is lower than the 100-day average, which further supports the bearish trend.
Financial Performance
SBI Card's financial performance has been steadily improving over the years. The company's total revenue has increased from ₹9,277.48 crore in Mar 2021 to ₹16,968.42 crore in Mar 2024.
The operating income has also seen a significant increase, from ₹2,402.39 crore in Mar 2021 to ₹5,311.94 crore in Mar 2024.
SBI Card's net income before taxes has grown from ₹1,323.73 crore in Mar 2021 to ₹3,231.80 crore in Mar 2024.
Here's a breakdown of the company's financial performance over the years:
The company's diluted normalized EPS has also increased from ₹12.71 in Mar 2021 to ₹25.37 in Mar 2024.
Company Information
SBI Card is a subsidiary of State Bank of India, one of India's largest banks.
The company was incorporated in 1996 and is headquartered in Mumbai, India.
SBI Card is a leading credit card issuer in India, with a strong presence in the country's credit card market.
Ltd
Ltd companies are often associated with a more traditional or established business model.
Authum Investment & Infrastructure is one such example, with a 5-year return of 1,049.69%. This is significantly higher than most other companies listed.
One notable aspect of Ltd companies is their potential for long-term growth.
Shriram Finance has a 5-year return of 180.43%, making it one of the top performers in the list.
Ltd companies often have a strong focus on finance and investment.
Cholamandalam Investment & Finance Company has a 5-year return of 336.98%, demonstrating its potential for long-term growth.
Here's a summary of the top 5 Ltd companies with the highest 5-year returns:
These companies have demonstrated significant growth over the past 5 years, making them worth considering for investors.
Corporate Actions
SBI Cards & Payment Services has a regular schedule of corporate actions, including board meetings, annual general meetings, and dividend payments.
The company typically holds its board meetings on a quarterly basis, with the most recent meeting taking place on October 29, 2024.
AGMs are also a regular occurrence, with the most recent one announced on August 9, 2024, and taking place on July 19, 2024.
Dividend payments are made regularly, with the most recent payment announced on March 14, 2024, and a value of 2.5.
Here is a list of recent corporate actions:
Here are some specific details about recent AGMs and dividend payments:
Frequently Asked Questions
Is SBI card share good to buy?
SBI Card share is a good investment opportunity, offering 48.30% returns in 1 year and a strong market presence. Analysts unanimously recommend buying this stock, making it a promising choice for investors
What is the target of SBI card share?
The target price for SBI Cards and Payment Services Ltd. is 785.20, representing a potential 16.27% increase from its current price. This estimate is based on a consensus of 14 reports from 6 analysts.
What is the future of SBI Cards?
SBI Cards is expected to experience significant growth, with projected annual earnings and revenue increases of 20.7% and 21.7% respectively. This growth is driven by strong forecasts for earnings per share and return on equity
Sources
- https://www.livemint.com/market/market-stats/stocks-sbi-cards-payment-services-share-price-nse-bse-s0003139
- https://www.financialexpress.com/market/sbi-cards-and-payment-services-ltd-share-price/
- https://trendlyne.com/research-reports/stock/188792/SBICARD/sbi-cards-and-payment-services-ltd/
- https://simplywall.st/stocks/in/diversified-financials/bse-543066/sbi-cards-and-payment-services-shares
- https://www.indiainfoline.com/company/sbi-cards-payment-services-ltd-share-price
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