Conference Call with SBI Cards and Payment Services Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Finance company SBI Cards and Payment Services announced Q2FY26 results Q2FY26 Financial Highlights: Total Revenue increased by 13% YoY at Rs 5,136 crore in Q2FY26 vs Rs 4,556 crore in Q2FY25. PAT at Rs 445 crore in Q2FY26 vs Rs 404 crore in Q2FY25. ROAA at 2.6% in Q2FY26 vs 2.7% in Q2FY25. ROAE at 12.1% in Q2FY26 vs 12.5% in Q2FY25. Capital Adequacy Ratio at 22.5%; Tier 1 at 17.5%. Asset Quality The Gross non-performing assets were at 2.85% of gross advances as of September 30, 2025, as against 3.27% as of September 30, 2024. Net non-performing assets were at 1.29% as of September 30, 2025, as against 1.19% as of September 30, 2024. Business Highlights: Cards-in-force grew by 10% YoY at 2.15 crore as of Q2FY26 vs 1.96 crore as of Q2FY25. New accounts volume at 936K in Q2FY26 vs 904K new accounts in Q2FY25. Spends grew by 31% YoY at Rs 107,063 crore in Q2FY26 vs Rs 81,893 crore in Q2FY25. Receivables grew by 8% YoY at Rs 59,845 crore in Q2FY26 vs Rs 55,601 crore in Q2FY25. Market share for Q2FY26 Card-in-force is at 19.0% (Q2FY25: 18.5%), Spends is at 17.0% (Q2FY25: 15.7%), #2 for Cards-in-force and #3 for spends, in industry. Result PDF