SBI Cards shares in focus after firm declares Rs 2.5 interim dividend for FY26, announces record date

Core Viewpoint - The company has declared an interim dividend of Rs 2.5 per equity share for the financial year 2026, alongside the extension of the term of its Executive Vice President & Head - Internal Audit, Ved Prakash, for an additional four months [6][5]. Company Performance - The shares of the company closed at Rs 730.65, reflecting a marginal increase of 0.56% [6]. - The stock has experienced a decline of over 6% in the past five days and more than 3% in the past month, with a total drop of nearly 15% in 2026 so far [6]. - The company currently has a market capitalization of Rs 69,527 crore and a P/E ratio of 33.06 [2]. Financial Results - In January, the company reported a net profit of Rs 556.64 crore for the third quarter of FY26, representing a 45% year-on-year increase from Rs 383.23 crore in the same period of the previous financial year [6]. - Revenue from operations rose by more than 11% year-on-year to Rs 5,127.26 crore during the same quarter [6]. Market Insights - According to Motilal Oswal, net interest margins fell by 11% sequentially, indicating that most benefits from lower costs of funds have already been realized, with yields showing a mild near-term downside bias [5].