The South Indian Bank Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 8.7x vs industry 33.1x)
Concerns
- Trading near 52-week high (₹56)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
Dividend - Re 0.45 Per Share
Unaudited Standalone and Consolidated Financial Results of the Bank for the quarter ended 30th June, 2026, Borrowing/ raising funds by issue of debt securities and to Consider convening the Annual General Meeting of the shareholders of the Bank.
Dividend - Rs 0.40 Per Share
Annual General Meeting/Dividend - Rs 0.30 Per Share
Rights 1:4 @ Premium Rs 21/-
Annual General Meeting/Dividend - Re 0.30 Per Share
Latest News
All newsSouth Indian Bank reports unaudited results for Q2 FY27
*South Indian Bank reports unaudited results for Q2 FY27.* The bank released its financial performance for the quarter and half year ended **30th September, 2026**. Key metrics including **net profit**, **NPA levels**, and **credit growth** will influence near-term trading sentiment. Results may trigger volatility in banking stocks. 📊 *STOCKS:* $SOUTHBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
South Indian Bank submits Q2 FY27 unaudited results
*South Indian Bank submits Q2 FY27 unaudited results.* The bank has filed its unaudited financial results for the quarter and half year ended September 30, 2026. The outcome of the board meeting includes the submission to the exchange, indicating timely compliance. No major financial updates or deviations were disclosed. 📊 *STOCKS:* SOUTHBANK | 🏢 *SECTOR:* Banking | #LOWIMPACT #Earnings
RBI approves Mahesh Muralidhar Pai as SIB MD & CEO
*RBI approves Mahesh Muralidhar Pai as SIB MD & CEO* — The Reserve Bank of India has approved the appointment of Mr. Mahesh Muralidhar Pai as Managing Director & CEO of The South Indian Bank. This marks a key leadership transition for the bank, impacting governance and strategic direction. The move follows regulatory due diligence and formal filing with the NSE. 📊 *STOCKS:* SOUTHBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #CEOChange
South Indian Bank Q2 profit up 21% to ₹426 crore
*South Indian Bank Q2 profit up 21% to ₹426 crore* with gross NPA declining to **1.24%**. Strong performance driven by improved asset quality and net interest margin. The bank's operating profit rose **21% YoY**, reflecting robust credit growth and cost control. 📊 *STOCKS:* $SOUTHBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
South Indian Bank Q2 profit up 23%, NPAs improve
*South Indian Bank Q2 profit up 23%, NPAs improve.* Net profit rose **23% YoY** in Q2, driven by lower provisioning and improved asset quality with gross NPA ratio declining to **4.8%** from 5.6% in prior year. Operating income grew **12%**, aided by strong credit growth and lower cost of funds. Shares surged **5%** post results. 📊 *STOCKS:* SOUTHBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
South Indian Bank Q2 net profit rises to ₹430 crore
*South Indian Bank Q2 net profit rises to ₹430 crore* — up year-on-year. The standalone net profit marks a strong recovery, driven by improved net interest margin and lower credit costs. **₹430 crore** profit reflects robust operating performance. Key focus remains on asset quality and credit growth. 📊 *STOCKS:* SOUTHBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
South Indian Bank posts strong earnings growth
*South Indian Bank posts strong earnings growth* as per simplywall.st analysis. The bank delivered robust earnings performance, signaling improved profitability and operational efficiency. Key metrics show **double-digit growth** in net profit and **healthy YoY revenue rise**. Analysts highlight strong asset quality and credit cost improvement. 📊 *STOCKS:* $SOUTHBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
South Indian Bank shares hit 52-week high, up 15% in October
*South Indian Bank shares hit 52-week high, up 15% in October.* The rally follows improved quarterly performance and optimism around asset quality. Experts cite strong earnings and reduced NPAs as key drivers. **NPA ratio fell to **3.8%**, the lowest in years. 📊 *STOCKS:* $SOUTHBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Banking
South Indian Bank eyes 15-16% credit growth by FY27
*South Indian Bank eyes 15-16% credit growth by FY27* with a focus on MSME lending, targeting **17-18% growth** in this segment. The bank aims to strengthen its retail and SME book amid improving asset quality. Management expects **credit growth** to outpace industry averages over the next two fiscals. New initiatives will support loan disbursement targets. 📊 *STOCKS:* SOUTHBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #CreditGrowth
South Indian Bank targets 16% loan growth by FY27
*South Indian Bank targets 16% loan growth by FY27*. Despite risks from the West Asia conflict, the bank aims to expand its credit portfolio steadily. Management emphasized improved asset quality and regional focus. **16%** growth target signals confidence in recovery. 📊 *STOCKS:* $SOUTHBANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #LoanGrowth
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Op. Profit | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — |
| Net Profit | ₹407 Cr 8.8% | ₹374 Cr 6.3% | ₹352 Cr 9.3% | ₹322 Cr 5.8% | ₹342 Cr 0.0% | ₹342 Cr 5.2% | ₹325 Cr 10.5% | ₹294 Cr |
| EPS (₹) | 1.56 9.1% | 1.43 6.7% | 1.34 8.9% | 1.23 6.1% | 1.31 0.0% | 1.31 5.6% | 1.24 10.7% | 1.12 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Expenses | ₹3.4K Cr 1.9% | ₹3.4K Cr 6.6% | ₹3.2K Cr 22.8% | ₹2.6K Cr 20.0% | ₹3.3K Cr 7.5% | ₹3.5K Cr |
| Op. Profit | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — |
| Other Income | ₹2.0K Cr 10.8% | ₹1.8K Cr 19.7% | ₹1.5K Cr 86.8% | ₹811 Cr 21.6% | ₹1.0K Cr 15.9% | ₹1.2K Cr |
| Interest | ₹6.4K Cr 8.1% | ₹5.9K Cr 12.3% | ₹5.3K Cr 25.1% | ₹4.2K Cr 2.9% | ₹4.3K Cr 11.3% | ₹4.9K Cr |
| Depreciation | ₹115 Cr 12.7% | ₹102 Cr 13.3% | ₹90 Cr 3.4% | ₹87 Cr 3.6% | ₹84 Cr | ₹0 Cr |
| PBT | ₹2.0K Cr 11.4% | ₹1.8K Cr 14.9% | ₹1.5K Cr 38.0% | ₹1.1K Cr 1304.3% | ₹-92 Cr 205.7% | ₹87 Cr |
| Tax % | 26.0% 0.0% | 26.0% 13.3% | 30.0% 0.0% | 30.0% 120.1% | -149.0% 613.8% | 29.0% |
| Net Profit | ₹1.5K Cr 11.7% | ₹1.3K Cr 21.8% | ₹1.1K Cr 38.1% | ₹775 Cr 1622.2% | ₹45 Cr 27.4% | ₹62 Cr |
| EPS (₹) | 5.56 11.6% | 4.98 21.8% | 4.09 38.2% | 2.96 1641.2% | 0.17 29.2% | 0.24 |
| Div Payout | 8.0% 0.0% | 8.0% 14.3% | 7.0% 12.5% | 8.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|---|
Liabilities | |||||||
| Equity Capital | ₹262 Cr 0.0% | ₹262 Cr 0.0% | ₹262 Cr 0.0% | ₹262 Cr 25.4% | ₹209 Cr 0.0% | ₹209 Cr | — |
| Reserves | ₹11.8K Cr 5.9% | ₹11.2K Cr 13.3% | ₹9.8K Cr 15.0% | ₹8.6K Cr 32.5% | ₹6.5K Cr 14.5% | ₹5.6K Cr | — |
| Borrowings | — | — | — | — | — | — | — |
| Other Liabilities | ₹3.2K Cr 2.7% | ₹3.1K Cr 12.8% | ₹2.7K Cr 1.1% | ₹2.8K Cr 15.8% | ₹2.4K Cr 35.1% | ₹1.8K Cr | — |
| Total Liabilities | ₹1.6L Cr 10.2% | ₹1.4L Cr 13.7% | ₹1.2L Cr 6.2% | ₹1.2L Cr 9.0% | ₹1.1L Cr 7.6% | ₹1.0L Cr | — |
Assets | |||||||
| Fixed Assets | ₹1.0K Cr 0.3% | ₹1.0K Cr 2.5% | ₹1.0K Cr 24.0% | ₹821 Cr 8.9% | ₹754 Cr 0.3% | ₹752 Cr | — |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹145 Cr 16.9% | ₹124 Cr 110.2% | ₹59 Cr | — |
| Investments | ₹27.7K Cr 1.4% | ₹27.3K Cr 25.5% | ₹21.8K Cr 9.2% | ₹24.0K Cr 2.7% | ₹24.6K Cr 14.9% | ₹21.4K Cr | — |
| Other Assets | ₹1.3L Cr 12.4% | ₹1.1L Cr 11.3% | ₹1.0L Cr 10.2% | ₹92.5K Cr 12.5% | ₹82.2K Cr 5.6% | ₹77.8K Cr | — |
| Total Assets | ₹1.6L Cr 10.2% | ₹1.4L Cr 13.7% | ₹1.2L Cr 6.2% | ₹1.2L Cr 9.0% | ₹1.1L Cr 7.6% | ₹1.0L Cr | — |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Operating CF | ₹3.9K Cr 266.0% | ₹-2.4K Cr 133.3% | ₹7.1K Cr 197.4% | ₹-7.3K Cr 240.6% | ₹5.2K Cr | — |
| Investing CF | ₹-5.5K Cr 223.3% | ₹4.4K Cr 323.3% | ₹-2.0K Cr 414.5% | ₹-386 Cr 77.8% | ₹-1.7K Cr | — |
| Financing CF | ₹-561 Cr 457.3% | ₹157 Cr 107.3% | ₹-2.1K Cr 161.0% | ₹3.5K Cr 456.3% | ₹-989 Cr | — |
| Net Cash Flow | ₹-2.1K Cr 194.7% | ₹2.2K Cr 23.9% | ₹2.9K Cr 171.4% | ₹-4.1K Cr 269.3% | ₹2.4K Cr | — |
| Free Cash Flow | ₹3.8K Cr 250.2% | ₹-2.5K Cr 136.4% | ₹6.9K Cr 193.6% | ₹-7.4K Cr 243.7% | ₹5.1K Cr | — |
Values in ₹ Cr · Source: Screener.in