SBI Cards Share Price in Focus as Stock Trades Ex-Dividend Today

SBI Cards and Payment Services share price is in focus today (February 25, 2025) as its shares are trading ex-dividend. The record date for determining eligible shareholders for the dividend payout is also set for today.

Under the T+1 settlement system, investors who purchased SBI Cards shares on February 24, 2025, will be eligible for the dividend payout.

SBI Cards Interim Dividend Details

On February 17, 2025, the Board of Directors of SBI Cards announced an interim dividend of ₹2.50 per share. Since the face value of each share is ₹10, this translates to a 25% dividend payout.

As per the company’s statement, the interim dividend will be credited or dispatched to eligible shareholders on or before March 18, 2025.

SBI Cards Q3FY25 Financial Performance

For the third quarter of the fiscal year 2024-25 (ended December 2025), SBI Cards reported a 30% decline in net profit, which fell to ₹383.2 crore from ₹549.1 crore in the same quarter last year.

The company also saw a rise in non-performing assets (NPA):

• Gross NPA increased to 3.24%, up from 2.64% in the previous year.
• Net NPA rose to 1.18%, compared to 0.96% in the corresponding quarter last year.

The drop in profit and the rise in bad loans indicate financial challenges for SBI Cards in Q3FY25.

About SBI Cards & Payment Services Limited

SBI Cards & Payment Services Limited, formerly called SBI Cards & Payment Services Private Limited, is a leading credit card issuer and payment service provider in India. It was established in May 1998 as a joint venture between the SBI and GE Capital.

As of February 25, 2025, at 9:49 AM, SBI Cards and Payment Services share price is trading at ₹842.15, up by ₹2.90 (0.35%). The stock opened at ₹833.00, reached a high of ₹842.90, and touched a low of ₹830.00. 

Conclusion

While SBI Cards maintains dividend payouts, rising NPAs and declining profits highlight challenges ahead. Investors will watch for recovery strategies.

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