SBI Cards and Payment Services Ltd Q2 FY26 Results

Summary

SBI Cards and Payment Services Ltd reported their financial results for the quarter ended September 30, 2025. The total revenue increased by 13% YoY to 5,136 Cr, and the profit after tax (PAT) increased by 10% YoY to 445 Cr. The company's ROAA was 2.6% and ROAE was 12.1%. The cards-in-force grew by 10% YoY to 2.15 Cr, and spends grew by 31% YoY to 107,063 Cr. The gross non-performing assets were at 2.85% of gross advances as of September 30, 2025.

Key Highlights

1. 1

   Total Revenue increased by 13% YoY at 5,136 Cr in Q2 FY26

2. 2

   PAT at 445 Cr in Q2 FY26, up 10% YoY

3. 3

   ROAA at 2.6% in Q2 FY26, v/s 2.7% in Q2 FY25

4. 4

   ROAE at 12.1% in Q2 FY26, v/s 12.5% in Q2 FY25

5. 5

   Cards-in-force grew by 10% YoY at 2.15 Cr as of Q2 FY26

6. 6

   Spends grew by 31% YoY at 107,063 Cr in Q2 FY26

7. 7

   Receivables grew by 8% YoY at 59,845 Cr in Q2 FY26

8. 8

   Market share for Q2 FY26 Card-in-force is at 19.0%

9. 9

   Market share for Q2 FY26 Spends is at 17.0%