SBI Cards and Payment Services Limited (NSE: SBICARD)

SBICARD Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest and Dividend Income	83,662	79,271	61,530	48,660	49,467	48,413
Total Interest Expense	27,851	25,893	16,439	10,263	9,775	12,379
Net Interest Income	55,811	53,378	45,091	38,397	39,692	36,034
Commissions and Fees	81,944	81,647	66,042	52,266	39,077	39,787
Gain (Loss) on Sale of Investments	-	-	4.8	4	1.8	6.6
Other Revenue	8,546	8,766	9,095	5,847	4,421	4,603
Revenue Before Loan Losses	146,301	143,791	120,233	96,513	83,192	80,430
Provision for Loan Losses	36,686	32,865	21,554	22,550	4,787	7,143
Revenue	109,615	110,926	98,679	73,963	78,405	73,288
Revenue Growth (YoY)	8.01%	12.41%	33.42%	-5.67%	6.98%	23.65%
Salaries & Employee Benefits	5,586	5,697	5,619	4,727	4,916	4,684
Cost of Services Provided	74,680	76,026	67,227	52,231	40,316	42,088
Other Operating Expenses	-4,807	-4,910	-5,985	-5,068	-2,764	-2,437
Total Operating Expenses	77,444	78,781	68,499	53,376	65,296	57,633
Operating Income	32,171	32,145	30,180	20,588	13,109	15,655
Currency Exchange Gain (Loss)	-	-	90.4	30.1	-	4.4
EBT Excluding Unusual Items	32,344	32,317	30,303	21,714	13,149	15,660
Other Unusual Items	0.6	0.6	0.9	7.5	88.7	1,637
Pretax Income	32,344	32,318	30,306	21,722	13,237	17,296
Income Tax Expense	8,254	8,239	7,721	5,560	3,392	4,848
Net Income	24,090	24,079	22,585	16,161	9,845	12,448
Net Income to Common	24,090	24,079	22,585	16,161	9,845	12,448
Net Income Growth	8.28%	6.62%	39.74%	64.16%	-20.91%	43.92%
Shares Outstanding (Basic)	949	948	944	942	940	933
Shares Outstanding (Diluted)	949	949	949	949	949	942
Shares Change (YoY)	0.02%	0.02%	-0.03%	0.07%	0.70%	2.95%
EPS (Basic)	25.37	25.39	23.92	17.16	10.48	13.35
EPS (Diluted)	25.37	25.37	23.80	17.02	10.38	13.21
EPS Growth	8.25%	6.60%	39.84%	63.97%	-21.42%	39.79%
Free Cash Flow	-	-55,260	-67,639	-44,914	6,354	-41,409
Free Cash Flow Per Share	-	-58.22	-71.27	-47.31	6.70	-43.96
Dividend Per Share	-	2.500	2.500	2.500	-	1.000
Operating Margin	29.35%	28.98%	30.58%	27.84%	16.72%	21.36%
Profit Margin	21.98%	21.71%	22.89%	21.85%	12.56%	16.99%
Free Cash Flow Margin	-	-49.82%	-68.54%	-60.72%	8.10%	-56.50%
Effective Tax Rate	25.52%	25.49%	25.48%	25.60%	25.63%	28.03%
Revenue as Reported	179,200	174,835	142,857	113,015	97,136	97,523

Source: S&P Capital IQ. Financial Services template. Financial Sources.