More about SBI Cards and Payment Services Limited
Fundamentals for SBI Cards and Payment Services Limited
Regulatory Filings for SBI Cards and Payment Services Limited
The Renewable Success Story Beyond Solar
Startups Mint India’s New Billionaires
India's Biggest IPO Has a Bigger Meaning
From Watches to Wealth: Titan's New Empire
Fundamentals for SBI Cards and Payment Services Limited
Business Operations:
Sector: Financial ServicesIndustry: Credit Services
SBI Cards and Payment Services Limited, a non-banking financial company, issues credit cards to individual and corporate customers in India. The company also acts as corporate insurance agent for selling insurance policies to credit card customers. In addition, it offers corporate cards, central travel cards, utility cards, and purchase and virtual cards. The company was incorporated in 1998 and is based in Gurugram, India. SBI Cards and Payment Services Limited operates as a subsidiary of State Bank of India.
Revenue projections:
Revenues for SBI Cards and Payment Services Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 19.959000 |
|---|---|
| forwardPE | 17.240433 |
| debtToEquity | 280.206000 |
| earningsGrowth | 0.139000 |
| revenueGrowth | 0.186000 |
| grossMargins | 0.244610 |
| operatingMargins | 0.261170 |
| trailingEps | 22.790000 |
| forwardEps | 36.243290 |
The current ratio for SBICARD is 19.959, indicating that the company can service its short-term debt using available cash and assets. This suggests SBICARD has strong liquidity, with more than enough resources to meet its immediate financial commitments.
SBICARD's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
SBI Cards and Payment Services Limited's high debt-to-equity ratio indicates that the company is heavily leveraged. This suggests a significant reliance on debt to finance its operations, which could expose the company to higher financial risks if its cash flow or profitability decreases.
With positive earnings and revenue growth, SBI Cards and Payment Services Limited is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
SBICARD's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights SBICARD's potential for increased earnings and a stronger financial performance in the upcoming year.
Price projections:
SBICARD's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.
Recommendation changes over time:
Analysts have recently developed a sell bias for SBICARD, suggesting caution when making investment decisions. Investors are advised to rely on a broad range of market indicators rather than solely on this bias to ensure a more comprehensive understanding of the stock's potential before taking action.
If you have enjoyed reading, spread the word:
Good prospects:
Companies with the best and the worst fundamentals.
Latest Regulatory Filings for NSE500
Companies with the best and the worst technicals.
SEBI's New Gateway Is Rewiring Foreign Investment in India
Why Japan Backs India’s Truckers
India's $69B Eurasian Trade Power Play