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SBI Cards & Payment Services Ltd dividend

SBI Cards & Payment Services Ltd dividend

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₹ 1.0 Cr

Volume transacted

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13.9 K

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Last Updated time: 22 Jul 12:35 PM

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SBI Cards & Payment Services Ltd

NSE: SBICARD

DPS

2.5

Last updated : FY 2024

Key Highlights

    The Dividend per Share of SBI Cards & Payment Services Ltd is ₹ 2.5 as of 2024 .a1#The Dividend Payout of SBI Cards & Payment Services Ltd changed from 9.88 % on March 2019 to 9.87 % on March 2024 . This represents a CAGR of -0.02% over 6 years. a1#The Latest Trading Price of SBI Cards & Payment Services Ltd is ₹ 723.4 as of 22 Jul 12:29 .a1#The Market Cap of SBI Cards & Payment Services Ltd changed from ₹ 58065 crore on March 2019 to ₹ 64898 crore on March 2024 . This represents a CAGR of 2.25% over 5 years. a1#The Revenue of SBI Cards & Payment Services Ltd changed from ₹ 3262 crore to ₹ 4474 crore over 8 quarters. This represents a CAGR of 17.11% a1#The EBITDA of SBI Cards & Payment Services Ltd changed from ₹ 1188 crore to ₹ 1663 crore over 8 quarters. This represents a CAGR of 18.31% a1#The Net Pr of SBI Cards & Payment Services Ltd changed from ₹ 626.91 crore to ₹ 662.37 crore over 8 quarters. This represents a CAGR of 2.79% a1#

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Company Fundamentals For SBI Cards & Payment Services Ltd

Market Cap

68,337 Cr

EPS

25.3

P/E Ratio (TTM) *

28.4

P/B Ratio (TTM) *

5.7

DTE *

3.3

ROE *

19.9

ROCE *

11.0

Dividend Yield *

0.37

DPS *

2.5

Dividend Payout *

9.87

Ann.Dividend % *

25

* All values are consolidated

Last Updated time: 22 Jul 12:35 PM

* All values are consolidated

Last Updated time: 22 Jul 12:35 PM

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Historical Dividend Payout of SBI Cards & Payment Services Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of SBI Cards & Payment Services Ltd

Period
Mar '1910
Mar '208
Mar '210
Mar '2215
Mar '2310
Mar '2410

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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SBI Cards & Payment Services Ltd

NSE: SBICARD

PRICE

723.4

4.85 (0.67%)

stock direction

Last updated : 22 Jul 12:29

SWOT Analysis Of SBI Cards & Payment Services Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of SBI Cards & Payment Services Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of SBI Cards & Payment Services Ltd

Period
Mar '190
Mar '2058065
Mar '2187408
Mar '2280330
Mar '2369967
Mar '2464899

* All values are a in crore

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Historical Revenue of SBI Cards & Payment Services Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of SBI Cards & Payment Services Ltd

Period
Jun '223263
Sep '223453
Dec '223656
Mar '233917
Jun '234046
Sep '234221
Dec '234742
Mar '244475

* All values are a in crore

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Historical EBITDA of SBI Cards & Payment Services Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of SBI Cards & Payment Services Ltd

Period
Jun '221188
Sep '221112
Dec '221190
Mar '231352
Jun '231415
Sep '231461
Dec '231484
Mar '241664

* All values are a in crore

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Historical Net Profit of SBI Cards & Payment Services Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of SBI Cards & Payment Services Ltd

Period
Jun '22627
Sep '22526
Dec '22509
Mar '23596
Jun '23593
Sep '23603
Dec '23549
Mar '24662

* All values are a in crore

About SBI Cards & Payment Services Ltd

About SBI Cards & Payment Services Ltd

    SBI Cards and Payment Services Limited was incorporated as a private limited company with the name 'SBI Cards and Payment Services Private Limited' on May 15, 1998 in New Delhi. On the conversion of Company to a public limited company, the name was changed to, 'SBI Cards and Payment Services Limited' on August 20, 2019. The Company is engaged in the business of issuing credit cards to consumers. It also acts as corporate insurance agent for selling insurance policies to credit card customers. SBI Cards and Payment Services Limited is a subsidiary of State Bank of India (SBI), is the second largest credit card issuer in the country. With more than 1.68 crore cards in force, the Company offer financial access through wide range of value-added payment products and services that fulfill transactional and credit requirements. It focus on delivering a diverse portfolio of credit cards, which support cashless and contactless digital payments in India while ensuring safety and transparency of transactions. The Company started its operations in 1998, and since then SBI's parentage and highly trusted brand have allowed it to quickly establish a reputation of trust, reliability and transparency with its cardholders. According to the RBI, the company has grown its business faster than the Indian credit card market over the past three years both in terms of numbers of credit cards outstanding and amounts of credit card spends, and the company believes it has achieved this by leveraging its strength and capitalizing on India's favourable economic and demographic changes, including its strong macroeconomic performance, rising affluence, increasing consumer demand, rapid urbanization and the growth of e-commerce platforms. From March 31, 2017 to March 31, 2019 its total credit card spends grew at a 54.2% CAGR (as compared to a 35.6% CAGR for the overall credit card industry, according to the RBI) and the number of its credit cards outstanding grew at a 34.5% CAGR (as compared to a 25.6% CAGR for the overall credit card industry, according to the RBI). SBI Cards has a broad credit card portfolio that includes SBI Card-branded credit cards as well as co-branded credit cards that bear both the SBI Card brand and its co-brand partners' brands. The Company offers four primary SBI Card branded credit cards: SimplySave, SimplyClick, Prime and Elite, each catering to a varying set of cardholder needs. The Company is also the largest co-brand credit card issuer in India according to the CRISIL Report, and it has partnerships with several major players in the travel, fuel, fashion, healthcare and mobility industries, including Air India, Apollo Hospitals, BPCL, Etihad Guest, Fbb, IRCTC, OLA Money and Yatra, among others. The Credit cards portfolio is tailored to meet a diverse range of cardholder needs across the entire spectrum of its cardholders' income profiles and lifestyles, from the 'premium' cardholder category to the 'affluent', 'mass affluent', 'mass' and 'new to credit' categories. The Company issues its credit cards in partnership with the Visa, MasterCard and RuPay payment networks, and it is continuously looking to expand its payment network partnerships to broaden the reach and functionality of its credit card offerings. SBI Cards has a diversified customer acquisition network that enables it to engage prospective customers across multiple channels. The Company deploys a sales force of 32,677 outsourced sales personnel as of December 31, 2019 operating out of 145 Indian cities and which engages prospective customers through multiple channels, including physical points of sale in bank branches, retail stores, malls, fuel stations, railway stations, airports, corporate parks and offices, as well as through tele-sales, online channels, email, SMS marketing and mobile applications. The Company is the leading player in open market customer acquisition in India according to the CRISIL Report. SBI Cards had a presence in 3,190 open market points of sale across India as of December 31, 2019. In addition, its partnership with SBI provides access to SBI's extensive network of 21,961 branches across India, which enables it to market their credit cards to SBI's vast customer base of 445.5 million customers as of December 31, 2019. Its extensive physical customer acquisition network is complemented by its digital sales and marketing capabilities which include their website, mobile application and online, email and SMS marketing platforms. SBI Card sourced 34.1 lakh new accounts in FY 2020. It launched 8 new products across diverse categories and segments such as Lifestyle Home Centre, Max, Spar SBI Card, Club Vistara SBI Card, Central Bank of India SBI Card, City Union Bank SBI Card, Shaurya SBI Card, SBI Card Vyapaar Unnati, Ola Money SBI Card and IRCTC SBI Card Premier. It started issuing RuPay denominated card from September 2019 with the launch of Shaurya Cards. It engaged with leading merchant partners across categories from apparel, consumer durables to online shopping, healthcare, utility bill payments to provide value to cardholders on transacting with SBI Card. In FY20, in line with Hon'ble NCLT Order dated June 04, 2019, erstwhile SBI Business Process Management Services Pvt. Ltd (SBIBPMSL) amalgamated with SBI Cards and Payment Services Limited from the appointed date i.e. April 1, 2018. Pursuant to said Amalgamation, the Company allotted 9,51,12,054 fully paid equity shares of Rs. 10 each to the shareholders of erstwhile SBIBPMSL. In FY 2021, the Company launched BPCL SBI Card OCTANE, a premium version of the existing card. It also launched AURUM in a superior premium segment card, targeted at CXO's. It sourced 26.9 Lac new accounts in FY21. It launched IRCTC SBI Card on RuPay platform, Delhi Metro SBI Card, Paytm SBI Card, SBI Elite and Prime Amex-SBI Card. It partnered with American Express (AMEX network to issue credit cards on their payment network. In FY 2022, the Company launched Nature's Basket SBI Card, SBI Card PULSE, Aditya Birla SBI Card, SBI Card SPRINT and Fabindia SBI Card. It sourced 35.72 lacs new accounts to reach 1.38 Crore in FY 2022. Apart from this, it focused on digital acquisition channels for sourcing of new accounts. During FY2023, the Company introduced 52.02 lakh new accounts. The Company launched three card variants comprising of CASHBACK SBI Card, Aditya Birla SBI Card and Punjab & Sind Bank (PSB) SBI Card.

SBI Cards & Payment Services Ltd News Hub

News

SBI Cards & Payment Services Ltd eases for fifth straight session

SBI Cards & Payment Services Ltd fell for a fifth straight session today. The stock is quo...

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18 Jul 202413:35

News

SBI Cards & Payment Services to convene AGM

SBI Cards & Payment Services announced that the 26th Annual General Meeting (AGM) of the c...

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18 Jul 202416:21

News

SBI Cards & Payment Services Ltd up for third consecutive session

SBI Cards & Payment Services Ltd is up for a third straight session today. The stock is qu...

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07 Jun 202413:05

News

SBI Cards & Payment Services allots 62,815 equity shares under ESOP

SBI Cards & Payment Services has allotted 62,815 equity shares under ESOP on 27 May 2024. ...

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27 May 202419:33

News

SBI Card Q4 PAT climbs 11% YoY to Rs 662 cr

Profit before tax stood at Rs 888.16 crore in the March 2024 quarter, registering a growth...

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27 Apr 202412:16

News

SBI Cards allots 2,600 equity shares under ESOP

SBI Cards & Payment Services has allotted 2,600 equity shares under ESOP on 22 April 2024....

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22 Apr 202417:55

FAQs for dividends of SBI Cards & Payment Services Ltd

What is the current market price of SBI Cards & Payment Services Ltd Ltd as of July 22, 2024?

The current market price of SBI Cards & Payment Services Ltd Ltd stands at 723.4 per share.

What dividend did SBI Cards & Payment Services Ltd declare in the last fiscal year?

In the last fiscal year, SBI Cards & Payment Services Ltd declared a dividend totaling ₹2.5.

What is the most recent dividend declared by SBI Cards & Payment Services Ltd?

SBI Cards & Payment Services Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has SBI Cards & Payment Services Ltd declared dividends in the current fiscal year

SBI Cards & Payment Services Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did SBI Cards & Payment Services Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), SBI Cards & Payment Services Ltd declared dividends 4 times totaling ₹0.
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