SBICARD

What SBI Cards promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 13 tracked 4 delivered 1 missed 8 open
  • ROA on track said Q4 FY26 Promised: 4% to 4.5% of ROA in the medium term Q1 FY27: ROA improved to 3.9%. Management states this puts them 'on track to achieve our stated ROA guidance'.
  • Cost-to-Income Ratio delivered said Q4 FY25 Promised: 55% to 57% for FY26 Q4 FY26: Full year FY26 Cost-to-Income was 55.3%, within the guided range of 55-57%.
  • Receivable Growth missed said Q4 FY25 Promised: 12% to 14% for FY26 Q4 FY26: Final YoY receivables growth for FY26 was 2% (56,926 cr vs 55,840 cr). This is significantly below the original 12-14% and revised 10-12% guidance.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 13 tracked commitments for SBI Cards — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens