SBI Cards and Payment Services (SBICARD) — Financial Results

1 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

📢 Key Event
SBICARD Q1 FY27 PAT up 20% YoY to ₹664 crores

🔄 What Changed
PAT up 20% YoY; CRAR improved to 25.6%; Tier I capital rose to 20.3%; gross NPAs fell to 2.04%

💡 Investor Takeaway
Profit growth outpaces revenue expansion, signaling improved cost and credit management.

SBICARD reported Q1 FY27 PAT of ₹664 crores, up 20% YoY from ₹556 crores, driven by 3% revenue growth to ₹5,205 crores and improved asset quality with gross NPAs falling to 2.04%. Capital adequacy strengthened to 25.6% CRAR and 20.3% Tier I capital. The company highlighted 7% YoY growth in cards-in-force to 2.26 Cr and 27% YoY spend growth to ₹11,847 crores.

2 Financial Results 🔴 High Importance Neutral 📄 PDF

📢 Key Event
SBI Cards Q1 FY27 revenue up 27% YoY to ₹5,041 crores

🔄 What Changed
27% YoY revenue growth, 20% YoY PAT increase, 846 bps YoY credit cost improvement to 6.5%, 1 million+ new accounts added

🔮 What's Next
Maintain comfortable capital adequacy ratio above 25%, continue focus on portfolio mix improvement and UPI transaction expansion

💡 Investor Takeaway
Strong revenue and profit growth with improving credit quality, but rising operating costs require monitoring as business scales.

SBI Cards reported Q1 FY27 revenue of ₹5,041 crores, up 27% YoY and 3% QoQ, driven by 17% YoY growth in new accounts and 846 bps YoY improvement in credit cost to 6.5%. PAT rose 20% YoY to ₹664 crores. The company highlighted strong portfolio growth with 1 million+ new accounts and robust UPI transaction expansion, while maintaining comfortable capital adequacy at 25%+ CAR.

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About SBI Cards and Payment Services Limited (SBICARD)

Financial Services · Finance · Listed on NSE

Market Cap: ₹59,570.5 Cr P/E: 27.5

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🔥 Also filed on 24 July 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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