Sbi Cards & Payment Services Ltd · NSE:SBICARD
Sbi Cards & Payment Services — Q1 FY2026-27 Earnings Presentation
32 slides from Sbi Cards & Payment Services's earnings presentation, Jul 24, 2026
Slide 1: Regulation 30 disclosure cover letter
July 24, 2026 The BSE Limited The National Stock Exchange of India Corporate Relationship Department Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra-Kurla Complex. Mumbai - 400 001 Bandra (E), Mumbai - 400 051 SCRIP CODE: 543066 SYMBOL: SBICARD SECURITY: Equity
Slide 2: Investor Presentation Q1 – FY 2026-27
INVESTOR PRESENTATION Q1 – FY 2026-27
Slide 3: Index
INDEX 1 Key Highlights 2 Portfolio Growth 3 Financial Update 4 Asset Quality 5 Borrowings & Capital Adequacy 6 ESG 7 Shareholders Summary 8 Annexures 2
Slide 4: Key Highlights
Key Highlights
Slide 5: Key Highlights for Q1 FY27
Key Highlights for Q1 FY27 Key Highlights Grossfor Q3FY23 Credit cost below 7%, New Accounts Crossed 1Mn+ 2.26 Cr ₹ 58,269 Cr Business 10.23 lacs ₹ 118,475 Cr Volumes New A/cs 17% YoY CIF 7% YoY Spends 27% YoY Receivables 3% YoY 11%QoQ 2% QoQ 3% QoQ 2% QoQ Profitability ₹ 664 Cr Cost
Slide 6: Portfolio Growth
Portfolio Growth
Slide 7: Key Business Metrics
Key Business Metrics New Accounts (Lacs) Cards-in-force (Cr) Receivables (₹ Cr) 17% YOY 7% YOY 3% YOY 11% QOQ 2% QOQ 2% QOQ 9.36 9.17 10.23 8.73 8.64 2.26 56,926 58,269 2.21 56,607 2.12 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Retail Spends (₹ Cr) 14% YOY 5% QOQ 91,962 94,033 Q1 FY26 Q4 FY26 Q1 FY27
Slide 8: Portfolio Growth
Portfolio Growth Spend per Card (₹ ‘000) Receivable per Card (₹) 27,832 212 210 212 26,710 26,233 201 25,762 25,806 177 168 170 168 157 164 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Ret+Corp Ret 30-day Retail spend active rate % Receivables(₹ Cr)/Mix % 56,607 59
Slide 9: Retail Spends Insights
Retail Spends Insights Online Spend % % Growth^ Spends Categories Total Spends POS Spends Online Spends 63.0% 62.5% Category 1 Departmental Stores, Health, Utilities, 10% 5% 14% Rental, Education & Direct Marketing 58.9% 57.9% Category 2 Consumer durables, Furnishing & 25% 15% 42% 56.9% Hardware, Ap
Slide 10: Financial Update
Financial Update
Slide 11: Key Financials
Key Financials (All figures in ₹ Cr ) Revenue from operations PAT Trend 5,127 3% YOY 4,877 4,961 4,935 5,041 20% YOY 2% QOQ 9% QOQ Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 664 609 Interest Cost 556 557 445 8% YOY 813 760 785 714 745 4% QOQ Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY
Slide 12: P&L Summary
P&L Summary (All figures in ₹ Cr ) Q1 FY27 Q4 FY26 QoQ YoY Revenue from operations(₹ Cr) Total Income 5,205 5,187 0% 3% (Composition Mix %) -Revenue from Operations 5,041 4,935 2% 3% -Interest Income 2,421 2,382 2% -3% -Fees & Other Revenue 2,620 2,553 3% 10% 4,877 4,935 5,041 -Other Income 165 252
Slide 13: Asset Quality
Asset Quality
Slide 14: Asset Quality
(All figures in ₹ Cr ) Asset Quality Receivables (₹ Cr) (Composition Mix %) Q1 FY27 Q4 FY26 QoQ YoY 56,607 56,926 58,269 Gross Credit Cost (A) 948 1,098 -14% -30% 3.1% 2.4% 2.0% -Gross Write off 1,013 1,145 -12% -21% 4.7% 3.7% 3.6% -Provision (65) (47) 38% -191% 92.2% 93.9% 94.4% Recoveries (B) 157
Slide 15: New Sourcing Portfolio Insight
Portfolio Insight New Accounts Salaried Category Age Profile By City Tier 20% New Sourcing 32% 21% 29% For Q1 FY27 45% 35% 47% 53% 30% 20% 20% 48% SBI Open Market Govt/PSU Cat A Cat B Under 30 31-45 >45 Tier 1 Tier 2 Tier 3 Others 1.02 1.02 0.80 1.04 19% 18% 0.55 34% 42% 26% 1.15 Cards- in- Force As
Slide 16: Borrowings & Capital Adequacy
Borrowings & Capital Adequacy
Slide 17: Borrowings & Capital Adequacy
Borrowings & Capital Adequacy Borrowings Mix Capital Adequacy 17% 22% 23% 24% 24% 23.2% 24.4% 25.5% 25.6% CAR 22.5% 12% 15% 14% 4% 15% 14% 1% 67% 62% 63% 61% 62% Tier 1 17.9% 17.5% 19.1% 20.0% 20.3% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 WCDL CP NCD TL COF Tr
Slide 18: ESG
ESG
Slide 19: ESG & CSR Update
ESG & CSR Update Credit cards issued are made of recycled plastic. 21% (FY2026-27 YTD) Target: 25% by FY2029-30. Welcome kits digitized thereby 96% reducing paper usage. International Yoga Day Celebration - Promoting employee health and wellness through an in-office yoga session. Scope 2 emissions r
Slide 20: Shareholders Summary
Shareholders Summary
Slide 21: Shareholders Summary
Shareholders Summary Shareholding Pattern, 30th June 2026 Top 20 Shareholders as on 30th June 2026 S. No Name of Shareholder % 1 State Bank Of India 68.58 2 Life Insurance Corporation Of India - P & Gs Fund 4.11 3 Icici Prudential Large & Mid Cap Fund 2.60 Insurance Others 4 Icici Prudential Multi-A
Slide 22: Annexures
Annexures
Slide 23: Balance Sheet Statement
Balance Sheet Statement (All figures in ₹ Cr ) Description Mar’26 Jun’26 Assets Loans (Net of Provisions) 54,984 56,392 Cash & Bank Balances 2,320 3,983 Investments 6,374 6,686 All other Financial Assets 598 655 Total Financial Assets 64,275 67,716 PP&E, Intangible & Right of use assets 231 211 Curr
Slide 24: Profit & Loss Statement
Profit & Loss Statement (All figures in ₹ Cr ) Description Q1 FY26 Q4 FY26 Q1 FY27 Interest Income 2,493 2,382 2,421 Fees and commission income 2,191 2,343 2,406 Sale of Services 26 6 10 Business development incentive income 167 203 204 Insurance commission income 0 1 1 Revenue from operations 4,877
Slide 25: Explaining Returns
Explaining Returns Q1 FY26 Q4 FY26 Q1 FY27 QoQ YoY Interest Income 15.2% 14.2% 14.2% -3 bps -101 bps Fees and Commission Income 13.4% 14.0% 14.1% 12 bps 74 bps Other Income 1.2% 1.6% 1.3% -33 bps 12 bps Recoveries 1.0% 1.1% 0.9% -21 bps -3 bps Total Revenue 30.7% 31.0% 30.5% -45 bps -18 bps Finance
Slide 26: Product Brief
Product Brief Super Premium Core Cards Co-Brand Cards Banking Retail Travel & Fuel SBI Card Elite SBI Card PRIME SBI Card Pulse AURUM Bank of Maharashtra SBI Flipkart SBI Card Reliance SBI Card Indigo SBI Card Elite Card SimplyCLICK SBI Card SimplySAVE SBI Card Shaurya Select SBI Card UCO Bank SBI C
Slide 27: Market Share
Market Share Dominant credit card player in India CARDS IN FORCE SPENDS TRANSACTIONS 19.0% 19.5% 18.6% 18.6% 18.6% 17.8% 18.1% 18.0% 17.0% 17.7% 16.7% 15.7% FY24 FY25 FY26 FY27* FY24 FY25 FY26 FY27* FY24 FY25 FY26 FY27* *As per RBI report June’26 26
Slide 28: Recent Developments
Recent Developments Launch of Travel Bookings on Mobile App Pulse Card Promotion – Bengaluru OOH transit media & corporate park Introduced travel bookings on the SBI Card branding were utilized to promote SBI Card Mobile App through E-Store, enhancing the App’s Pulse among fitness enthusiasts. value
Slide 29: Awards and Recognitions
Awards and Recognitions SBI Card has won the 'Most SBI Card for a second Disruptive Customer Experience consecutive year secured the and Engagement Award' at the ET Silver Metal at the RetailEX Brand Disruption Award 2026. Conference & Awards 2026 This recognition is a testament for under the catego
Slide 30: Glossary
Glossary Term Description New Accounts Sum of all accounts opened in a reporting period. Card-in-force Sum of all credit cards issued by us, including suspended credit cards that may be reactivated in future, net of cancelled and deactivated credit cards. Spends Total Spends (retail and corporate) c
Slide 31: Disclaimer
Disclaimer The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or purchase any securities of SBI Cards and Payment Services Limited in India or in any other jurisdiction. This presentation is not intended to be a pros
Slide 32: Thank You
Thank You
SBI Cards and Payment Services — Q1 FY2026-27 Earnings Presentation on 6ix