Are you interested to know what is the share price target of SBI Cards And Payment Services Ltd for the upcoming years 2022, 2023, 2024, 2025, and 2030? so it is a most helpful post for you where you can get a good target/prediction of this share.
let me introduce, myself Mohammad Mustakim I have 7 years of experience in the share market. At the time of analysis, we noted some essential points for example SBICARD’s strengths, limitations, sales growth, profit growth, and financial stats that are mentioned in this article. Please read this post carefully.
In this section, we are going to mention about SBICARD, products & services, company strengths, and limitations which are mentioned ahead please read this section one by one.
About SBI Cards And Payment Services Ltd
SBI Cards and Payments Services Ltd. which is also known as SBI Cards is a payment solutions provider which provides its services through different types of Cards. SBI Card was launched in the year 1998 by India’s Largest Bank which is the State Bank of India in collaboration with GE Capital. SBI Card is headquartered in Haryana and has branches in over 100 cities across India. In March 2020, SBI Card became the first pure-play Credit card Company to list on the stock exchanges in India. SBI Card is the second-largest credit card provider in the country.
SBI Cards And Payment Services Ltd Basic Fundamental Details
Here we talk about financial Ratios the return on Equity of SBI Cards and Payment is at 17.00% for the latest year. The P/E ratio of SBI Cards and Payments is the current P/E ratio of 48.7 and the P/B ratio can be one of the best Metrics to value such companies. SBI Cards and Payments is Trending at a P/B of 11.33, next is EPS growth of about Rs.20.55.
The company is engaged in the business of issuing credit cards to consumers in India. It offers Indian Consumers access to a wide range of world-class, value-added payment products, and services. The company’s product portfolio includes premium, classic, travel and shopping, exclusive and corporate cards, to cater to both individual and corporate needs.
Here we try to give you an expert view according to the terms which are Ownership, Efficiency, Valuation, and Financials. When we talk about Ownership strength is slightly missing the benchmark which can be resolved shortly with time and when we talk about the efficiency of SBI Cards and Payments knows very well the utilization of its assets.
When we talk about the Financials SBI Card and Payments possesses stable growth history and sound margins and lastly, when we talk about valuation as SBI Cards is presently listed on the Stock exchange they don’t have an impressive valuation to date and it takes time to achieve some valuation in the market.
Strengths Of SBI Cards And Payment Services Ltd
Here we try to tell you some strength which helps you to know more about the Company Shares and data which we try to give you there is get it from Ticker.finology.in and if find any miss correct information regarding the shares of SBI Card and Payments.
- SBI Card and Payments maintain an impressive ROA for the last 3 Years which is about 4.88% which is very good in itself.
- SBI Card and Payments have a good return on Equity (ROE) ratio which we analyze for the last 3 years which is about 22.80% which is pretty much again impressive in itself again and try to attract for investors to invest in that.
- SBI Card and Payments have an Operating Income which grown well for the company which is about 15.12% which we analyze for the last 3 years.
- SBI Cards and Payments have 2ND largest number of credit card users in the country according to data published on the site.
- SBI Cards and Payments have a Back up by India’s Largest Bank that is SBI which helps him to engage new users for them.
Limitation Of SBI Cards And Payment Services Ltd
Here we try to tell you some limitations and weaknesses of the SBI Card and Payments shares which is really important to know before investing in the shares of this Company and the data which we try to give you there is get from Ticker.finology.in and if you find any miss correct information regarding the shares of SBI Card and Payments.
- One of the limitations of SBI Cards and Payments is that they have only a Single Product Company dealing in 100% unsecured lending which will not be a good sign for any company shares.
- SBI Cards and Payments have an over-dependence on its parent company which is the State Bank of India and a totally unsecured portfolio which they have to upgrade or change as soon as possible.
- SBI Card and Payments is trading at 11.33 times the book value of their shares which will become a risk factor for them in the future.
- SBI Card and Payments have Provision and contingencies has increased by 39.40% which again not be a good sign for any shares.
In this division, we have written the predicted targets of SBI Cards And Payment Services Ltd for the upcoming years 2022 to 2030, which are likely to be achieved in the future. The targets are given below.
| Year | Target Of SBI Cards And Payment Services Ltd |
|---|---|
| 2022(Target-1) | Rs.1,353 |
| (Target-2) | Rs.1,587 |
| 2023(Target-1) | Rs.1,835 |
| (Target-2) | Rs.2,031 |
| 2024(Target-1) | Rs.2,260 |
| (Target-2) | Rs.2,527 |
| 2025(Target-1) | Rs.2,700 |
| (Target-2) | Rs.2,943 |
| 2030(Target-1) | Rs.6,368 |
| (Target-2) | Rs.9,697 |
According to the strengths, SBI Cards and Payments is the second-largest credit card provider in the country with a huge number of users. In the year 2020, SBI Card and Payments became the first company that listed itself on the stock exchanges in India.
So here we try to predict two shares prices target for the shares of SBI Cards and Payments the first share price target for the share of SBI cards and Payments is around Rs.1,353 and the second possible share price target for the shares of SBI Cards and payments which they can attain in the year 2022 is around Rs.1,587 which is one of the good sign for investors to invest in this company shares.
If we Talk Bout the technical analysis SBI Cards and payments trade with a pattern called Descending pattern and they were very near to the breakout of Descending Triangular Pattern as we know they were listed in the stock exchange in the year 2020 and it takes time to find stability in a positive direction.
So for the year 2023, the first share price target for the shares of SBICARD which they can achieve is around Rs.1,835 and the second share price target for the share of SBI cards and Payments which they can attain is around Rs.2,031.
When we go through the SBICARD business, we notice that SBICARD now started to invest its funds in other ventures and companies which surely give them good returns in the future and act as a passive source of earning for the SBI Cards and Payments.
So the first share price target for the shares of SBI Cards and payment which they can find is around Rs.2,260 and the second share price target for the shares of SBI Cards and payment which they can find it around Rs.2,527.
When we go through the Annual report for the shares of SBI Cards and Payments we find that the SBI cards can be made a handsome amount of profit after paying all the taxes for the last five years and achieving their highest amount of Profit at the end of the financial year march 2022 which is about Rs.1,616.14 crores.
If we try to predict two possible targets for the shares of SBI Cards and Payments which they can find in the year 2025 the first possible target for the shares of SBI Cards and Payments which they can find it around Rs.2,700 and the second possible share price target for the shares of SBI Cards and Payments is about Rs.2,943.
By the business portfolio, SBI Cards and Payments has the brand name of SBI which is India’s Largest Bank in India that helps SBICARD to engage new cardholders with their services and help them to list as the second-highest number of Cards users in the Country.
Here we try to predict two possible targets for the shares of SBI Cards and Payments which they were able to achieve towards the end of this decade. So we can predict the first share Price Target for the shares of SBI Cards and Payments which they can find around Rs.6,368 and the second possible target for the shares of SBI cards and Payments which they can achieve about Rs.9,697.
Conclusion
In this article, We know the analysis about SBICARD for the year 2022 to 2030, and tried to include every aspect in our article that is really essential to know before investing in any specific company shares which include company strengths, and limitations try to tell every relatable news and update regarding this share.
I am a skillful trainer of the share market for the last 7 years. I have better knowledge of technical analysis, fundamental analysis, chart understanding, writing about share market, investing as well as trading which I wanted to spread all over the people.