Sector Alpha Week of 2026-08-20
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Finance - Credit Cards Stocks in India

Finance - Credit Cards: SBI Cards & Payment Services Ltd owns the largest revenue base AND the fastest current growth.

01 · the index people search for

Nifty Finance - Credit Cards Index — Constituents & Performance

All 1 listed Indian Finance - Credit Cards companies are named here, largest first — the same constituent set people search for as the Nifty Finance - Credit Cards index. Every figure on this page is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

  1. SBI Cards & Payment Services Ltd₹60.2K Cr
02 · sector relative strength, before individual stocks

Is Finance - Credit Cards outperforming NIFTY 500?

Finance - Credit Cards has underperformed NIFTY 500 by 21.3% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 2.9%. 0 of 1 covered company currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. SBI Cards & Payment Services Ltd is the strongest against the sector itself at 0%.

-2.9%Sector vs NIFTY 500 · 13 weeks
-21.3%Sector vs NIFTY 500 · 52 weeks
0/1Stocks leading NIFTY 500
0/1Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: current leadership is concentrated, so durability matters more than rank.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Finance - Credit Cards has underperformed NIFTY 500 by 21.3% over 52 weeks and 2.9% over 13 weeks. 0 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself. SBI Cards & Payment Services Ltd leads with income of ₹20,063 crore, based on 1 of 1 comparable companies through Jun 2026.

Companies
1
complete canonical membership
Combined market value
₹60.2K Cr
SBI Cards & Payment Services Ltd
Revenue growing
1/1
positive TTM year-on-year growth
Beating NIFTY 500
0/1
positive Mansfield relative strength
Comparing 1 of 1
03 · research priority, made explicit

Best Finance - Credit Cards Stocks in India (Aug 2026), Ranked by Data

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
SBI Cards & Payment Services Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 73.2% evidence confidence.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Top 10 Finance - Credit Cards Stocks in India

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1SBI Cards & Payment Services LtdSBICARD 53.7/100Mixed-positive evidence73% evidence BASING 22.2/35 Income 7.9% · PAT 21.2% 76% evidence 14.9/25 ROA — · ROE 14.7% · GNPA — 34% evidence 9.1/20 P/BV 3.84× · P/BV÷ROE 0.26 90% evidence 7.5/20 RS sector 0% · RS bench -17.7% · 1Y -19.6%0 of 12 weeks ahead 100% evidence
Exact sum: 22.2 + 14.9 + 9.1 + 7.5 = 53.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
04 · what price has already done

Market action

SBI Cards & Payment Services Ltd has the strongest one-year price move in Finance - Credit Cards at -19.6%. It also leads on Mansfield relative strength against NIFTY at -17.7%. 0 of 1 covered company are above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

05 · compare level, then change

Income Scale & Growth Durability

SBI Cards & Payment Services Ltd is the only Finance - Credit Cards company on this page, with Income of ₹20,063 crore. The same company also holds the highest Income growth, at 7.9%. That is the only usable Income reading on this page, current through Jun 2026. Its Income series carries 15 reported observations across the 20-quarter window.

What the numbers say: SBI Cards & Payment Services Ltd is the scale leader at ₹20,063 crore, SBI Cards & Payment Services Ltd's growth is 7.9% from a ₹20,063 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderSBI Cards & Payment Services Ltd · ₹20,063 crore
GapNot enough peers
Persistence7/8 recent comparable periods
Coverage1/1 companies · 15 observations

Investor read: SBI Cards & Payment Services Ltd is the scale benchmark; SBI Cards & Payment Services Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: SBI Cards & Payment Services Ltd's growth falls below SBI Cards & Payment Services Ltd's for two consecutive comparable reports while operating margin also compresses.

For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.
Incomelargest
Income growthfastest growers
Income · company comparison
1/1 level · 1/1 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyIncomeIncome growthReported
SBI Cards & Payment Services Ltd SBICARD₹5.0K Cr3.4%Jun 2026
Full 20-quarter history · every available company

Income · reported quarter history

SBI Cards & Payment Services Ltd · SBICARD

₹3.5K Cr
₹3.8K Cr
₹3.9K Cr
₹4.1K Cr
₹4.6K Cr
₹4.3K Cr
₹4.4K Cr
₹4.4K Cr
₹4.6K Cr
₹4.7K Cr
₹4.9K Cr
₹5.0K Cr
₹5.1K Cr
₹4.9K Cr
₹5.0K Cr

Income growth · reported quarter history

SBI Cards & Payment Services Ltd · SBICARD

32%
16%
11%
8.2%
-0.1%
7.5%
12%
12%
11%
5.6%
3.4%
06 · compare level, then change

Profit Scale & Acceleration

SBI Cards & Payment Services Ltd is the only Finance - Credit Cards company on this page, with Net profit of ₹2,275 crore. The same company also holds the highest Profit growth, at 21.2%. That is the only usable Net profit reading on this page, current through Jun 2026.

What the numbers say: SBI Cards & Payment Services Ltd leads with ₹2,275 crore of TTM profit, SBI Cards & Payment Services Ltd shows 21.2% growth from a ₹2,275 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderSBI Cards & Payment Services Ltd · ₹2,275 crore
GapNot enough peers
Persistence4/8 recent comparable periods
Coverage1/1 companies · 15 observations

Investor read: SBI Cards & Payment Services Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.
Net profitlargest
Profit growthfastest growers
Net profit · company comparison
1/1 level · 1/1 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
SBI Cards & Payment Services Ltd SBICARD₹664 Cr19%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

SBI Cards & Payment Services Ltd · SBICARD

₹509 Cr
₹596 Cr
₹593 Cr
₹603 Cr
₹549 Cr
₹662 Cr
₹594 Cr
₹404 Cr
₹383 Cr
₹534 Cr
₹556 Cr
₹445 Cr
₹557 Cr
₹609 Cr
₹664 Cr

Profit growth · reported quarter history

SBI Cards & Payment Services Ltd · SBICARD

7.9%
11%
0.2%
-33%
-30%
-19%
-6.4%
10%
45%
14%
19%
07 · compare level, then change

Funding Base & Its Composition

No company in this Finance - Credit Cards comparison reports a funding base figure this section can compare, so the Deposits rank is empty. On Borrowings, SBI Cards & Payment Services Ltd is highest at ₹44,064 crore, across 1 of 1 company with a usable reading.

What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.

LeaderNo comparable leader
GapNot enough peers
PersistenceNot enough history
Coverage0/1 companies · 0 observations

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.
Depositslargest deposit bases
Not enough comparable data
Borrowingslargest borrowings
Funding base · company comparison
0/1 level · 1/1 change
All-company data · latest reported quarter
CompanyDepositsBorrowingsReported
SBI Cards & Payment Services Ltd SBICARD₹44.1K CrJun 2026
Full 20-quarter history · every available company

No consistent historical series is available for deposits.

Borrowings · reported quarter history

SBI Cards & Payment Services Ltd · SBICARD

₹11.4K Cr
₹13.5K Cr
₹17.6K Cr
₹17.9K Cr
₹23.0K Cr
₹31.1K Cr
₹39.9K Cr
₹44.9K Cr
₹49.2K Cr
₹44.1K Cr
08 · not available

Return On Assets

No company in this Finance - Credit Cards comparison reports ROA on a comparable basis, so there is nothing to rank here — 0 of 1 company has a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.

ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.

Withheld from this comparison: SBI Cards & Payment Services Ltd (SBICARD) — its two data sources disagree by up to 5.1% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

09 · compare level, then change

ROE — Leaders & Improvers

SBI Cards & Payment Services Ltd is the only Finance - Credit Cards company on this page, with ROE of 14.7%. The same company also holds the highest ROE change, at 0 percentage points. That is the only usable ROE reading on this page, current through Jun 2026.

What the numbers say: SBI Cards & Payment Services Ltd leads both roe at 14.7% and roe change at 0 percentage points.

LeaderSBI Cards & Payment Services Ltd · 14.7%
GapNot enough peers
PersistenceNot enough history
Coverage1/1 companies · 0 observations

Investor read: SBI Cards & Payment Services Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

ROE shows the return to shareholders, but should be read with asset quality and leverage.
ROEhighest
ROE changefastest improvers
Return on equity · company comparison
1/1 level · 1/1 change

Withheld from this chart: SBI Cards & Payment Services Ltd (SBICARD) — its two data sources disagree by up to 5.1% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROEROE changeReported
SBI Cards & Payment Services Ltd SBICARD15%0.0 ppJun 2026
Full 20-quarter history · every available company

No consistent historical series is available for roe.

No consistent historical series is available for roe change.

10 · compare level, then change

Gross NPA — Leaders & Improvers

No company in this Finance - Credit Cards comparison reports a gross NPA figure this section can compare, so the Gross NPA rank is empty. On GNPA change, SBI Cards & Payment Services Ltd is lowest at -0.7 percentage points, across 1 of 1 company with a usable reading.

What the numbers say: There is not enough comparable evidence to name a reliable gross npa leader.

LeaderNo comparable leader
GapNot enough peers
PersistenceNot enough history
Coverage0/1 companies · 14 observations

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current gnpa change signal.

Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.
Gross NPAlowest
Not enough comparable data
GNPA changefastest improvers
Asset quality · company comparison
0/1 level · 1/1 change
All-company data · latest reported quarter
CompanyGross NPAGNPA changeReported
SBI Cards & Payment Services Ltd SBICARD2.4%−0.7 ppJun 2026
Full 20-quarter history · every available company

Gross NPA · reported quarter history

SBI Cards & Payment Services Ltd · SBICARD

2.2%
2.4%
2.4%
2.4%
2.6%
2.8%
3.1%
3.3%
3.2%
3.1%
3.1%
2.9%
2.9%
2.4%

GNPA change · reported quarter history

SBI Cards & Payment Services Ltd · SBICARD

+0.4 pp
+0.4 pp
+0.7 pp
+0.8 pp
+0.6 pp
+0.3 pp
+0.0 pp
−0.4 pp
−0.4 pp
−0.7 pp
11 · compare level, then change

Valuation Against Growth & Quality

SBI Cards & Payment Services Ltd is the only Finance - Credit Cards company on this page, with P/BV ÷ ROE of 0.26×. The same company also holds the lowest P/BV, at 3.84×. That is the only usable P/BV ÷ ROE reading on this page, current through Jun 2026.

What the numbers say: SBI Cards & Payment Services Ltd has the lowest comparable P/BV ÷ ROE at 0.26×. Only 1 of 1 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderSBI Cards & Payment Services Ltd · 0.26×
GapNot enough peers
Persistence0/8 recent comparable periods
Coverage1/1 companies · 0 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.
P/BV ÷ ROElowest return-adjusted price
P/BVlowest P/BV
Valuation · company comparison
1/1 level · 1/1 change
All-company data · latest reported quarter
CompanyP/BV ÷ ROEP/BVReported
SBI Cards & Payment Services Ltd SBICARD0.34.3Jun 2026
Full 20-quarter history · every available company

No consistent historical series is available for p/bv ÷ roe.

P/BV · reported quarter history

SBI Cards & Payment Services Ltd · SBICARD

15.2
11.7
8.4
9.0
10.3
7.6
6.5
5.9
5.7
6.2
4.9
6.4
7.8
6.0
5.6
4.3
4.3
12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Finance - Credit Cards comparison names 7 specific ways its own evidence can mislead, all listed below. The one company here reports on comparable dates, so no rank carries a stale marker. 1 has second-feed figures withheld because the two sources disagree. 3 of the 7 ranked sections have fewer than three usable current readings.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
  • 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
  • Thin comparisons: Funding base, Return on assets, Asset quality have fewer than three usable current readings.
13 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 1 Finance - Credit Cards company, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-14 · weekly price and relative-strength history
Derived metricsGrowth, changes and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing0 cross-checked · 0 unverified · 1 withheld, of 1 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

14 · questions investors ask, short speakable answers

Finance - Credit Cards company comparison FAQs

These 21 answers restate the Finance - Credit Cards comparison above in question form. Every one is computed from the same 1 company and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.

Is the Finance - Credit Cards sector outperforming NIFTY 500?

Finance - Credit Cards has underperformed NIFTY 500 by 21.3% over 52 weeks and 2.9% over 13 weeks. 0 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself.

Which Finance - Credit Cards company is largest by income?

SBI Cards & Payment Services Ltd leads with income of ₹20,063 crore, based on 1 of 1 comparable companies through Jun 2026.

Which Finance - Credit Cards company is growing fastest?

SBI Cards & Payment Services Ltd has the fastest current income growth at 7.9%, across 1 of 1 comparable companies.

Which Finance - Credit Cards company has the strongest 4-Factor Sector Score?

SBI Cards & Payment Services Ltd ranks first at 53.7/100 with 73.2% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Finance - Credit Cards company has the lowest comparable P/BV-to-ROE?

SBI Cards & Payment Services Ltd has the lowest comparable P/BV ÷ ROE at 0.26, among 1 of 1 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Finance - Credit Cards comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Is there a Nifty Finance - Credit Cards index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Finance - Credit Cards, this page builds its own equal-weight basket of 1 listed Finance - Credit Cards companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Finance - Credit Cards stocks in India?

Ranked by this page's four-factor score, SBI Cards & Payment Services Ltd places first among 1 listed Finance - Credit Cards companies. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Finance - Credit Cards stocks are listed in India?

This comparison covers 1 listed Finance - Credit Cards companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Finance - Credit Cards company is the biggest?

SBI Cards & Payment Services Ltd is the largest, with trailing-twelve-month income of ₹20,063 crore. That covers 1 of 1 companies with comparable reporting through Jun 2026.

Which Finance - Credit Cards company makes the most profit?

SBI Cards & Payment Services Ltd earns the most, at ₹2,275 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies. SBI Cards & Payment Services Ltd has the fastest profit growth at 21.2%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Finance - Credit Cards stock is the cheapest?

On price-to-book divided by return on equity — where a LOWER number is cheaper — SBI Cards & Payment Services Ltd screens cheapest at 0.26×. All 1 companies qualify for the ratio comparison. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Finance - Credit Cards sector beating the market?

Finance - Credit Cards has underperformed NIFTY 500 by 21.3% over the last 52 weeks and 2.9% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 1 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Finance - Credit Cards stock has the strongest price momentum?

SBI Cards & Payment Services Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Finance - Credit Cards company scores highest for research priority?

SBI Cards & Payment Services Ltd scores 53.7 out of 100 with 73.2% evidence confidence, from 22.2 points on growth and earnings, 14.9 on capital efficiency, 9.1 on valuation and 7.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Finance - Credit Cards companies does this comparison cover, and over what period?

It compares 1 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Finance - Credit Cards sector?

The 1 Finance - Credit Cards companies on this page carry ₹60,239 crore of combined market value. SBI Cards & Payment Services Ltd is the largest at ₹60,239 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20.

How is the Finance - Credit Cards sector performing?

0 of the 1 covered Finance - Credit Cards companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 21.3% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-20.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

Not SEBI Registered !! Not Investment advice !!

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