Are you interested in SBI Cards and Payment’s potential for the future? Are you unsure whether it would make a smart addition to your stock portfolio? In this piece, we examine the fascinating path SBI Cards and Payments’ share price objective will take between 2023 and 2030. We’ll review the company’s growth prospects, evaluate its financial performance, and decide whether it offers investors a compelling opportunity. Join us as we examine the figures and forecasts to reveal the potential benefits and downsides of this renowned financial institution. Prepare to explore the interesting world of SBI Cards and Payment and determine whether or not it is a stock to pay attention to in the upcoming years.
Contents
Below are the trading platforms that you can use to purchase SBI Cards and Payment shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| July 2023 | ₹922.14 | ₹817.03 |
| August 2023 | ₹1,054.35 | ₹828.73 |
| September 2023 | ₹1,127.07 | ₹874.67 |
| October 2023 | ₹1,454.35 | ₹1,118.73 |
| November 2023 | ₹1,599.78 | ₹1,230.60 |
| December 2023 | ₹1,791.76 | ₹1,378.28 |
The table provides the SBI Cards and Payment share price predictions for the year 2023. The maximum price of the shares gradually increases from ₹817.03 in July to ₹1,791.76 in December, indicating a bullish and upward trend.
Similarly, the minimum price also rises from ₹706.27 in May to ₹1,378.28 in December.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹1,886.06 | ₹1,450.82 |
| February 2024 | ₹2,119.17 | ₹1,765.98 |
| March 2024 | ₹2,230.71 | ₹1,813.58 |
| April 2024 | ₹2,027.91 | ₹1,559.93 |
| May 2024 | ₹1,689.93 | ₹1,299.95 |
| June 2024 | ₹2,027.91 | ₹1,559.93 |
| July 2024 | ₹1,723.73 | ₹1,336.22 |
| August 2024 | ₹1,896.10 | ₹1,504.84 |
| September 2024 | ₹1,990.90 | ₹1,531.47 |
| October 2024 | ₹2,342.24 | ₹1,801.72 |
| November 2024 | ₹2,459.35 | ₹1,891.81 |
| December 2024 | ₹2,508.54 | ₹1,929.65 |
The table presents the SBI Cards and Payment share price targets for the year 2024. The maximum price target gradually increases from ₹1,886.06 in January to ₹2,508.54 in December, indicating a positive trajectory for potential returns. However, the minimum price target also rises from ₹1,450.82 in January to ₹1,929.65 in December, suggesting some volatility throughout the year. Despite occasional fluctuations, the overall trend appears to be bullish. Investors should consider the potential for profit as the share prices show an upward momentum, with higher targets set for later months.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹2,558.71 | ₹1,968.24 |
| February 2025 | ₹2,693.38 | ₹2,071.83 |
| March 2025 | ₹2,828.05 | ₹2,175.42 |
| April 2025 | ₹2,525.04 | ₹1,942.34 |
| May 2025 | ₹2,295.49 | ₹1,765.76 |
| June 2025 | ₹2,525.04 | ₹1,942.34 |
| July 2025 | ₹2,404.80 | ₹1,849.85 |
| August 2025 | ₹2,505.00 | ₹1,926.93 |
| September 2025 | ₹2,630.25 | ₹2,023.27 |
| October 2025 | ₹2,788.07 | ₹2,144.67 |
| November 2025 | ₹2,983.23 | ₹2,294.80 |
| December 2025 | ₹3,042.90 | ₹2,340.69 |
The table outlines the SBI Cards and Payment share price targets for 2025. The maximum price targets gradually increase from ₹2,558.71 in January to ₹3,042.90 in December, indicating a positive trend and potential upside for investors. Similarly, the minimum price targets rise from ₹1,968.24 in January to ₹2,340.69 in December, suggesting some fluctuations throughout the year. The average target for the share prices demonstrates an overall positive recommendation for investment, as the targets consistently trend higher.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹1,791.76 | ₹706.27 |
| 2024 | ₹2,508.54 | ₹1,450.82 |
| 2025 | ₹3,042.90 | ₹1,942.34 |
| 2026 | ₹2,130.03 | ₹1,491.02 |
| 2027 | ₹1,810.52 | ₹1,267.37 |
| 2028 | ₹3,258.94 | ₹2,281.26 |
| 2029 | ₹6,694.38 | ₹4,686.06 |
| 2030 | ₹7,455.10 | ₹5,218.57 |
The data provided represents the SBI Cards and Payment share price targets from 2026 to 2030. The maximum price targets show some variability, with the highest being ₹7,455.10 in 2030 and the lowest at ₹2,130.03 in 2026. Similarly, the minimum price targets range from ₹1,267.37 in 2027 to ₹5,218.57 in 2030. These figures suggest potential fluctuations and volatility in the share prices during this period. Investors should carefully consider the targets and assess the potential returns and risks associated with investing in SBI Cards and Payment shares. The data indicates the possibility of significant growth and volatility in the coming years, emphasizing the need for careful analysis and decision-making when considering investments in SBI Cards and Payment.
Financial Condition of SBI Cards and Payment: Last 5 years
| Narration | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Mar-23 |
| Sales | 7,017.30 | 9,280.93 | 9,300.57 | 10,678.89 | 13,666.64 |
| Expenses | 4,887.19 | 6,617.68 | 7,223.01 | 7,952.85 | 9,443.66 |
| Operating Profit | 2,130.11 | 2,663.25 | 2,077.56 | 2,726.04 | 4,222.98 |
| Other Income | 269.55 | 471.12 | 412.83 | 622.00 | 619.03 |
| Depreciation | 55.22 | 103.80 | 123.26 | 148.56 | 163.81 |
| Interest | 1,009.36 | 1,300.93 | 1,043.40 | 1,027.32 | 1,647.63 |
| Profit before tax | 1,335.08 | 1,729.64 | 1,323.73 | 2,172.16 | 3,030.57 |
| Tax | 470.12 | 484.82 | 339.21 | 556.02 | 772.10 |
| Net profit | 864.97 | 1,244.82 | 984.52 | 1,616.14 | 2,258.47 |
| EPS | 10.33 | 13.26 | 10.47 | 17.13 | 23.87 |
| Price to earning | 46.67 | 88.67 | 49.71 | 31.01 | |
| Price | – | 618.65 | 928.25 | 851.70 | 740.20 |
| RATIOS: | |||||
| Dividend Payout | 9.68% | 7.54% | 0.00% | 14.59% | 10.47% |
| OPM | 30.36% | 28.70% | 22.34% | 25.53% | 30.90% |
The financial statement of SBI Cards and Payment over the last five years showcases a notable growth trajectory. The company’s revenue has consistently increased, with sales rising from ₹7,017.30 crore in March 2019 to ₹13,666.64 crore in March 2023, indicating a significant percentage growth. The operating profit has also shown a positive trend, reaching ₹4,222.98 crore in March 2023. Net profit has experienced substantial growth, with an upward trajectory from ₹864.97 crore in March 2019 to ₹2,258.47 crore in March 2023. The EPS has also demonstrated remarkable growth, from 10.33 in March 2019 to 23.87 in March 2023. The company’s financial ratios, such as dividend payout and OPM, have remained favorable, further showcasing its stability and growth potential. With consistent revenue and profit growth, SBI Cards and Payment has exhibited a commendable performance over the past five years.
Sharekhan on SBI Cards and Payment share price target
Sharekhan has given a buy call on SBI Cards and Payment. According to him, you can continue buying SBI Cards and Payment share with a target price of Rs1210.
Motilal Oswal on SBI Cards and Payment share price target
Motilal Oswal has given a buy call on SBI Cards and Payment. According to him, you can continue buying SBI Cards and Payment share with a target price of Rs1325.
FAQS
Based on available data, the share price target for SBI Cards and Payment Services is projected to range between ₹1,791.76 and ₹3,042.90 during this period.
While the data does not indicate a specific target of ₹10,000 by 2025, it is important to note that share prices are influenced by various factors and can fluctuate. Investors should consider the historical performance and growth potential of SBI Cards and Payment Services before making any projections.
The share price target is influenced by factors such as company performance, revenue growth, profit margins, market trends, and investor sentiment. It is essential to analyze these factors to gain a comprehensive understanding of the potential share price trajectory.
What is the historical profit growth of SBI Cards and Payment Services?
SBI Cards and Payment Services has demonstrated notable profit growth, with net profits increasing from ₹864.97 crore in March 2019 to ₹2,258.47 crore in March 2023. This reflects the company’s ability to generate substantial earnings and indicates a positive trajectory.
Are there any significant financial ratios to consider for SBI Cards and Payment Services?
Key financial ratios such as dividend payout and operating profit margin (OPM) should be considered when assessing the financial health of SBI Cards and Payment Services. These ratios provide insights into the company’s profitability, stability, and ability to distribute dividends.
The EPS for SBI Cards and Payment Services has experienced consistent growth, ranging from 10.33 in March 2019 to 23.87 in March 2023. This signifies an increase in earnings available to each shareholder and indicates positive prospects for the company.
Investors should conduct thorough research and consider various factors beyond share price targets alone. It is essential to assess the company’s fundamentals, market conditions, industry trends, and risk factors before making any investment decisions.
Should investors consider SBI Cards and Payment Services as a long-term investment?
As with any investment, the decision to hold shares of SBI Cards and Payment Services in the long term should be based on individual financial goals, risk tolerance, and thorough analysis of the company’s fundamentals and growth potential. Consulting with a financial advisor is recommended to make informed investment decisions.
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Conclusion
In conclusion, SBI Cards and Payment has demonstrated remarkable financial performance over the previous five years, exhibiting sustained income growth and healthy financial indicators. The company has demonstrated its potential to make sizable profits with a fantastic revenue growth rate, hitting 13,666.64 crore in March 2023, and a significant net profit growth of 2,258.47 crore in the same period. Additionally, the earnings per share (EPS), which rose from 10.33 in March 2019 to 23.87 in March 2023, has experienced a noticeable development. These numbers show SBI Cards and Payment has a bright future. Investors may find the shares of SBI Cards and Payment to be an appealing investment option for possible gains in the years to come given its strong financial track record.
