SBI Cards and Payment Services Limited (NSE: SBICARD)

NSE: 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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest and Dividend Income	87,542	79,271	61,530	48,660	49,467	48,413
Total Interest Expense	29,679	25,893	16,439	10,263	9,775	12,379
Net Interest Income	57,863	53,378	45,091	38,397	39,692	36,034
Commissions and Fees	81,778	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	8,170	8,766	9,095	5,847	4,421	4,603
Revenue Before Loan Losses	147,811	143,791	120,233	96,513	83,192	80,430
Provision for Loan Losses	41,391	32,865	21,554	22,550	4,787	7,143
Revenue	106,420	110,926	98,679	73,963	78,405	73,288
Revenue Growth (YoY)	1.30%	12.41%	33.42%	-5.67%	6.98%	23.65%
Salaries & Employee Benefits	5,596	5,697	5,619	4,727	4,916	4,684
Cost of Services Provided	74,088	76,026	67,227	52,231	40,316	42,088
Other Operating Expenses	-4,813	-4,910	-5,985	-5,068	-2,764	-2,437
Total Operating Expenses	76,892	78,781	68,499	53,376	65,296	57,633
Operating Income	29,528	32,145	30,180	20,588	13,109	15,655
Currency Exchange Gain (Loss)	-	-	90.4	30.1	-	4.4
EBT Excluding Unusual Items	29,701	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	29,702	32,318	30,306	21,722	13,237	17,296
Income Tax Expense	7,598	8,239	7,721	5,560	3,392	4,848
Net Income	22,104	24,079	22,585	16,161	9,845	12,448
Net Income to Common	22,104	24,079	22,585	16,161	9,845	12,448
Net Income Growth	-3.99%	6.62%	39.74%	64.16%	-20.91%	43.92%
Shares Outstanding (Basic)	951	948	944	942	940	933
Shares Outstanding (Diluted)	951	949	949	949	949	942
Shares Change (YoY)	0.20%	0.02%	-0.03%	0.07%	0.70%	2.95%
EPS (Basic)	23.25	25.39	23.92	17.16	10.48	13.35
EPS (Diluted)	23.25	25.37	23.80	17.02	10.38	13.21
EPS Growth	-4.19%	6.60%	39.84%	63.97%	-21.42%	39.79%
Free Cash Flow	-74,473	-55,260	-67,639	-44,914	6,354	-41,409
Free Cash Flow Per Share	-78.34	-58.22	-71.27	-47.31	6.70	-43.96
Dividend Per Share	2.500	2.500	2.500	2.500	-	1.000
Operating Margin	27.75%	28.98%	30.58%	27.84%	16.72%	21.36%
Profit Margin	20.77%	21.71%	22.89%	21.85%	12.56%	16.99%
Free Cash Flow Margin	-69.98%	-49.82%	-68.54%	-60.72%	8.10%	-56.50%
Effective Tax Rate	25.58%	25.49%	25.48%	25.60%	25.63%	28.03%
Revenue as Reported	182,544	174,835	142,857	113,015	97,136	97,523

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