Sbi Cards & Payment Services Ltd · NSE:SBICARD
Sbi Cards & Payment Services — Q4 FY2025-26 Earnings Presentation
33 slides from Sbi Cards & Payment Services's earnings presentation, Apr 27, 2026
Slide 1: Regulation 30 disclosure cover letter to exchanges
April 27, 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 Q4 – FY 2025-26
INVESTOR PRESENTATION Q4 – FY 2025-26
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
OSBICard Key Highlights
Slide 5: FY26 at a glance
FY26 at a glance GNPA Significantly lower @2.41 %, PAT 13% YoY New Accounts Total Spends Receivables - 12% + 29% + 2% Business Volumes 4,092K → 3,590K ₹ 333,480 Cr → ₹ 430,359 Cr ₹ 55,840 Cr → ₹ 56,926 Cr FY25 FY26 FY25 FY26 Mar 25 Mar 26 Total Income EBCC PAT + 11% + 6% +13% Income/ Profits ₹ 18,63
Slide 6: Key Highlights for Q4 FY26
Key Highlights for Q4 FY26 Key Highlights forProfitability Q3FY23driven by improved Credit cost 2.21 Cr ₹ 56,926 Cr Business 9.17 lacs ₹ 115,350 Cr Volumes New A/cs 17% YoY CIF 6% YoY Spends 31% YoY Receivables 2% YoY 6%QoQ 1% QoQ 1% QoQ 0% QoQ Profitability ₹ 609 Cr Cost to 57.2% 3.
Slide 7: Portfolio Growth
Portfolio Growth
Slide 8: Key Business Metrics
Key Business Metrics New Accounts (Lacs) Cards-in-force (Cr) Receivables (₹ Cr) 17% YOY 6% QOQ 6% YOY 2% YOY 1% QOQ 0% QOQ 11.09 8.73 9.36 8.64 9.17 2.21 57,213 56,926 2.18 55,840 2.08 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Retail Spends (₹ Cr) 13% YOY 2% QOQ 91,962 Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25
Slide 9: Portfolio Growth
Portfolio Growth Spend per Card (₹ ‘000) Receivable per Card (₹) 27,832 212 26,816 26,710 26,233 25,762 201 210 172 177 168 170 155 157 164 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Ret+Corp Ret 30-day Retail spend active rate % Receivables(₹ Cr)/Mix % 55,840 56
Slide 10: Retail Spends Insights
Retail Spends Insights Online Spend % % Growth^ 62.5% Spends Categories Total Spends POS Spends Online Spends Category 1 58.9% Departmental Stores, Health, Utilities, 3% 3% 3% 57.9% Rental, Education & Direct Marketing 56.9% Category 2 Consumer durables, Furnishing & 17% 11% 30% 54.4% Hardware, Appa
Slide 11: Financial Update
Financial Update
Slide 12: Key Financials
Key Financials (All figures in ₹ Cr ) Revenue from operations PAT Trend 5,127 6% YOY 13% YOY 4,674 4,877 4,961 4,935 14% YOY 4% QOQ 9% QOQ 2,167 1,916 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 609 557 Interest Cost 534 10% YOY 795 813 760 785 714 9% QOQ Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY25 FY2
Slide 13: P&L Summary
P&L Summary (All figures in ₹ Cr ) Q4 FY26 Q3 FY26 QoQ YoY FY26 YoY Revenue from operations(₹ Cr) Total Income 5,187 5,353 -3% 7% 20,708 11% (Composition Mix %) -Revenue from Operations 4,935 5,127 -4% 6% 19,900 10% -Interest Income 2,382 2,536 -6% -1% 9,901 6% -Fees & Other Revenue 2,553 2,591 -1%
Slide 14: Asset Quality
Asset Quality x Y a > E 5
Slide 15: Asset Quality
(All figures in ₹ Cr ) Asset Quality Receivables (₹ Cr) (Composition Mix %) Q4 FY26 Q3 FY26 QoQ YoY FY26 YoY 55,840 57,213 56,926 Gross Credit Cost *(A) 1,098 1,220 -10% -12% 4,962 2% 3.1% 2.9% 2.4% 5.0% 3.9% 3.7% -Gross Write off 1,145 1,220 -6% -12% 4,926 4% -Provision (47) (0) - -20% 36 -74% 91.9
Slide 16: New Sourcing Portfolio Insight
Portfolio Insight New Accounts Salaried Category Age Profile By City Tier 20% 30% New Sourcing 20% For Q4 FY26 30% 39% 46% 41% 54% 30% 20% 20% 50% 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 1.03 19% 18% 0.56 34% 42% 26% As on 31 Mar 26 34% 1.16
Slide 17: Borrowings & Capital Adequacy
Borrowings & Capital Adequacy
Slide 18: Borrowings & Capital Adequacy
Borrowings & Capital Adequacy Borrowings Mix Capital Adequacy 19% 17% 22% 23% 24% 23.2% 24.4% 25.5% 14% 12% CAR 22.9% 22.5% 15% 14% 15% 4% 1% 67% 67% 62% 63% 61% Tier 1 17.5% 17.9% 17.5% 19.1% 20.0% Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 WCDL CP NCD TL COF Tr
Slide 19: ESG
OSsBICard
Slide 20: ESG & CSR Update
ESG & CSR Update E S G ESG Ratings Overview (FY2024 vs FY2025) 16.89% credit cards >27% women representation 43% women representation issued are RPVC (FY2025-26) in workforce. in Board of Directors DJSI 2.3Lac+ trees saved in 1.83 lakhs hours of employee Conducted company wide cyber 34 ↑ 45 FY2025-2
Slide 21: Shareholders Summary
Shareholders Summary
Slide 22: Shareholders Summary
Shareholders Summary Shareholding Pattern, 31st March 2026 Top 20 Shareholders as on 31st March 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 Multi-Asset Fund 2.14 Insurance Others 4 Icici Prudential Large & M
Slide 23: Annexures
Annexures & 6530.03 4Sb 7890 ~
Slide 24: Balance Sheet Statement
Balance Sheet Statement (All figures in ₹ Cr ) Description Mar’25 Mar’26 Assets Loans (Net of Provisions) 53,935 54,984 Cash & Bank Balances 2,738 2,320 Investments 6,235 6,374 All other Financial Assets 514 598 Total Financial Assets 63,422 64,275 PP&E, Intangible & Right of use assets 330 231 Curr
Slide 25: Profit & Loss Statement
Profit & Loss Statement (All figures in ₹ Cr ) Description Q4 FY25 Q3 FY26 Q4 FY26 FY25 FY26 Interest Income 2,415 2,536 2,382 9,347 9,901 Fees and commission income 2,093 2,367 2,343 8,003 9,166 Sale of Services 27 21 6 126 73 Business development incentive income 138 202 203 592 757 Insurance comm
Slide 26: Explaining Returns
Explaining Returns Q4 FY25 Q3 FY26 Q4 FY26 QoQ YoY FY26 YoY Interest Income 15.1% 14.7% 14.2% -51 bps -92 bps 14.8% -46 bps Fees and other Income 14.2% 15.4% 15.6% 25 bps 144 bps 15.1% 86 bps Recoveries 1.0% 1.0% 1.1% 14 bps 17 bps 1.0% 12 bps Total Revenue 30.3% 31.1% 31.0% -11 bps 68 bps 30.9% 52
Slide 27: 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 28: Market Share
Market Share Dominant credit card player in India CARDS IN FORCE SPENDS TRANSACTIONS 19.7% 19.0% 18.6% 18.6% 18.2% 17.8% 18.1% 18.2% 17.0% 17.7% 16.7% 15.7% FY23 FY24 FY25 FY26* FY23 FY24 FY25 FY26* FY23 FY24 FY25 FY26* *As per RBI report Mar’26 27
Slide 29: Recent Developments
Recent Developments BRAND VISIBILITY INITIATIVES SBI Card Website Revamp AURUM Advertising @ Mumbai Airport, T2 Redesigned the SBI Card website to deliver a seamless & intuitive customer To cater to frequent air travelers, a large format experience. outdoor site was strategically placed at T2 Depart
Slide 30: Awards and Recognitions
Awards and Recognitions SBI CARD recognized as SBI Card awarded at the SUPERBRAND, 2025-26 ECONOMIC TIMES in the Credit Card category. GREAT INDIA RETAIL The award is a testimonial of AWARDS 2026. Brand’s commitment, for Excellence in Experiential consistency and customer-first Marketing – Retail Ki
Slide 31: 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 32: 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 33: Thank You
Thank You
SBI Cards and Payment Services — Q4 FY2025-26 Earnings Presentation on 6ix