SBI Cards Q4 FY26 Profit Rises 13% to ₹2,167 Crore on Strong Spends
SBI Cards reported a 13% year-on-year increase in PAT to ₹2,167 crore for FY26. Q4 FY26 PAT rose 14% YoY to ₹609 crore. Total income grew 11% YoY to ₹20,708 crore for FY26. Total spends surged 29% YoY to ₹430,359 crore in FY26. GNPA improved to 2.41% as of March 2026.
The announcement contains key financial results, including profit and revenue growth, and significant improvements in asset quality, which are material for investors.
The company reported strong year-on-year growth in profit, income, and business volumes, along with an improvement in asset quality (GNPA and NNPA).
SBI Cards and Payment Services Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported a Profit After Tax (PAT) of ₹2,167 crore for the full fiscal year FY26, marking a 13% year-on-year increase from ₹1,916 crore in FY25. For the fourth quarter of FY26, PAT stood at ₹609 crore, a 14% increase year-on-year from ₹534 crore in Q4 FY25.
Total income for FY26 grew by 11% to ₹20,708 crore from ₹18,637 crore in FY25. In Q4 FY26, total income was ₹5,187 crore, up 7% year-on-year.
Business volumes showed significant growth, with total spends increasing by 29% to ₹430,359 crore in FY26 from ₹333,480 crore in FY25. Receivables saw a modest 2% increase to ₹56,926 crore as of March 2026.
Asset quality improved, with Gross Non-Performing Assets (GNPA) decreasing by 67 basis points to 2.41% as of March 2026, compared to 3.08% in March 2025. Similarly, Net Non-Performing Assets (NNPA) reduced by 42 basis points to 1.04%.
Key profitability ratios also saw positive movement. Return on Average Assets (ROAA) improved by 11 basis points to 3.2% in FY26, while Return on Average Equity (ROAE) remained stable at 14.6%.
The company has also highlighted its commitment to ESG initiatives, including a significant representation of women in its workforce and board, and efforts towards paperless customer communication. SBI Cards has been recognized as a SUPERBRAND for 2025-26 in the Credit Card category.
What to do with a filing like this
SBI Cards and Payment Services Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by SBI Cards and Payment Services Limited. Read the original for the full detail.