Summary

SBI Cards and Payment Services Ltd, a leading credit card issuer in India, reported a 12% year-over-year increase in total revenue to ¥ 5,035 Cr in the first quarter of the financial year 2026. The profit after tax (PAT) stood at ¥ 556 Cr, a decrease of 6% YoY. The company's asset quality remained stable with gross non-performing assets at 3.07% of gross advances and net non-performing assets at 1.42%. The company's capital adequacy ratio (CRAR) was 23.2% as of June 30, 2025.

Key Highlights

1. 1

   Total Revenue at ¥ 5,035 Cr, up 12% YoY

2. 2

   PAT at ¥ 556 Cr, down 6% YoY

3. 3

   ROAA at 3.4%

4. 4

   ROAE at 15.8%

5. 5

   Cards-in-force grew by 10% YoY to 2.12 Cr

6. 6

   New accounts volume at 873K in Q1 FY26

7. 7

   Spends grew by 21% YoY to ¥ 93,244 Cr

8. 8

   Receivables grew by 7% YoY to ¥ 56,607 Cr

9. 9

   Market share for Q1 FY26 Card-in-force is at 19.1%

10. 10

    Market share for Q1 FY26 Spends is at 16.6%