SBI Cards Shares: Buy SBI Cards and Payment Services, target price Rs 1100: Motilal Oswal | Rare Techy
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SBI Cards and Payment Services Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 76640.05 Million) operating in Financial Services sector.
SBI Cards and Payment Services Ltd. Key Products/Revenue Segments include Fees and Commission Income, Interest, Other Services, Sales of Services and Commission for the year ending 31-March-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Net Income of Rs 3453.32 crore, up 5.84% from Rs 3262.85 crore in the previous quarter and up 28%. 12% from the same quarter last year Total Revenue of Rs.26895. The company reported a net profit after tax of Rs 525.64 crore in the last quarter.
Promoter / FII Holdings
Promoters held 69.64 per cent stake in the company as on 30-June-2022, while FIIs held 8.29 per cent, DIIs 16.24 per cent.
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