South Indian Bank Ltd Analyst Rating
based on 7 analysts
71.43%
Buy
28.57%
Hold
0.00%
Sell
Based on 7 analysts offering long term price targets for South Indian Bank Ltd. An average target of ₹34.57
Source: S&P Global Market Intelligence
South Indian Bank Ltd Share analysis
South Indian Bank Ltd price forecast by 7 analysts
Upside of38.28%
High
₹42
Target
₹34.57
Low
₹29
South Indian Bank Ltd target price ₹34.57, a slight upside of 38.28% compared to current price of ₹24.92. According to 7 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
South Indian Bank Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
South Indian Bank Ltd EPS growth forecast
EPS estimate Q1, FY2026:23.47%
Forecast
Actual
Source: S&P Global Market Intelligence
South Indian Bank Ltd Performance
Day's Low
Day's High
₹24.46₹25.152 Week's Low
52 Week's High
₹21.34₹37.18
| Returns % | |
| 1 Month Return | -0.99 % |
| 3 Month Return | -7.17 % |
| 1 Year Return | + 3.52 % |
| Market Stats | |
| Previous Close | ₹25.00 |
| Open | ₹25.00 |
| Volume | 1.71Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹6,540.69Cr |
South Indian Bank Ltd Key Statistics
| P/E Ratio | 5.03 |
| PEG Ratio | 4.81 |
| Market Cap | ₹6,540.69 Cr |
| P/B Ratio | 0.81 |
| EPS | 4.09 |
| Dividend Yield | 1.1 |
| Sector | Banks |
| ROE | 13.81 |
South Indian Bank Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹6,540.69 Cr | 28.08% | NA | ₹1,070 Cr | ₹10,127 Cr | |
| BUY | ₹4,761.63 Cr | -1.99% | NA | NA | NA | |
| NA | ₹1,331.79 Cr | -6.41% | NA | NA | NA | |
| BUY | ₹12,473.29 Cr | -5.69% | NA | ₹1,259 Cr | ₹15,453 Cr | |
| BUY | ₹5,372.86 Cr | 0.64% | NA | NA | NA |
South Indian Bank Ltd Mutual Fund Holdings
About South Indian Bank Ltd
Share Price: ₹24.92 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹6,540.69Cr as of today
Revenue: ₹2,804.07Cr as on September 2024 (Q3 24)
Net Profit: ₹324.79Cr as on September 2024 (Q3 24)
Listing date: 08 Dec, 1998
Chairperson Name: Salim Gangadharan
| Organisation | South Indian Bank Ltd |
| Headquarters | Thrissur |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for South Indian Bank Ltd
South Indian Bank Reports Profit and MCLR Revision - 18 Oct, 2024
South Indian Bank announced a net profit of ₹324.69 crore for Q2 FY 2024-25, an 18.15% increase. The bank aims for aggressive deposit and asset growth while revising MCLR rates effective October 20, 2024, impacting loan repayments.
South Indian Bank Reports Strong Q2 Earnings Growth - 17 Oct, 2024
In Q2 2024-25, South Indian Bank's net profit rose 18% to Rs 325 crore, driven by a 6% increase in core net interest income and improved asset quality.
South Indian Bank Reports Strong Q2 Earnings Growth - 16 Oct, 2024
South Indian Bank's Q2 results show an 18% profit increase to ₹325 crore, with total income at ₹2,804 crore. Asset quality improved, with gross NPAs at 4.40%. Following the announcement, shares surged by 5%.
South Indian Bank Reports Growth in Advances and Deposits - 04 Oct, 2024
In Q2 FY2024, South Indian Bank's gross advances increased by 13.07% to Rs 84,741 crore, while deposits grew by 8.6% to Rs 1.05 lakh crore. The CASA ratio slightly declined to 31.9%.
South Indian Bank Reports Strong Q2 Growth - 03 Oct, 2024
South Indian Bank's Q2FY25 results show a 13.07% increase in gross advances to Rs 84,741 crore and an 8.6% rise in deposits to Rs 1.05 lakh crore. Infomerics Ratings assigned a Stable outlook, citing growth potential and healthy asset quality.
South Indian Bank Sees Strong Growth in Q2 FY2024 - 01 Oct, 2024
South Indian Bank reported a 13.07% year-on-year increase in gross advances to ₹84,741 crore for the September quarter, alongside an 8.62% growth in deposits.
South Indian Bank Showcases Biometric Payment Innovation - 19 Sep, 2024
South Indian Bank successfully demonstrated Flash Pay at GFF 2024, featuring a Swipe-to-Pay option for biometric transaction authentication. The bank's CIO expressed enthusiasm for the partnership, emphasizing the seamless integration of biometric payments.
Insights on South Indian Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 287.33 Cr → 324.79 Cr (in ₹), with an average increase of 5.9% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 1.69% to 2.19% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 80.16% to 81.45% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 2.62K Cr → 2.80K Cr (in ₹), with an average increase of 3.3% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, SOUTHBANK has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Price Rise
In the last 7 days, SOUTHBANK stock has moved up by 4.5%
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 48.4% return, outperforming this stock by 44.8%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 15.17% to 13.44% in Jun 2024 quarter
South Indian Bank Ltd Financials
Index Inclusions
South Indian Bank Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 13.44% | ||
| Mutual Funds | 2.19% | 29.72 | |
| Retail Investors | 81.45% | 1.61 | |
| Others | 2.91% |
South Indian Bank Ltd Key Indicators
South Indian Bank Ltd Valuation
South Indian Bank Ltd in the last 5 years
Lowest (3.78x)
October 3, 2022
Today (5.03x)
October 18, 2024
Industry (15.45x)
October 18, 2024
Highest (44.00x)
April 6, 2022
South Indian Bank Ltd Earnings and Dividends
South Indian Bank Ltd Earnings Results
South Indian Bank Ltd’s net profit jumped 18.15% since last year same period to ₹324.79Cr in the Q2 2024-2025. On a quarterly growth basis, South Indian Bank Ltd has generated 10.51% jump in its net profits since last 3-months.
Read More about Earnings ResultsSouth Indian Bank Ltd Dividends May,2024
In the quarter ending March 2024, South Indian Bank Ltd has declared dividend of ₹0.30 - translating a dividend yield of 2.40%.
Read More about Dividends
South Indian Bank Ltd Technicals Summary
Bearish
Neutral
Bullish
South Indian Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on South Indian Bank Ltd
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South Indian Bank Ltd (SOUTHBANK) share price today is ₹24.92
South Indian Bank Ltd is listed on NSE
South Indian Bank Ltd is listed on BSE
- Today’s highest price of South Indian Bank Ltd is ₹25.1.
- Today’s lowest price of South Indian Bank Ltd is ₹24.46.
PE Ratio of South Indian Bank Ltd is 5.03
PE ratio = South Indian Bank Ltd Market price per share / South Indian Bank Ltd Earnings per share
Today’s traded volume of South Indian Bank Ltd(SOUTHBANK) is 1.71Cr.
Today’s market capitalisation of South Indian Bank Ltd(SOUTHBANK) is ₹6540.69Cr.
| South Indian Bank Ltd(SOUTHBANK | Price |
|---|---|
52 Week High | ₹37.18 |
52 Week Low | ₹21.34 |
South Indian Bank Ltd(SOUTHBANK) share price is ₹24.92. It is down -32.97% from its 52 Week High price of ₹37.18
South Indian Bank Ltd(SOUTHBANK) share price is ₹24.92. It is up 16.78% from its 52 Week Low price of ₹21.34
| South Indian Bank Ltd(SOUTHBANK | Returns |
|---|---|
1 Day Returns | -0.08% |
1 Month Returns | -0.99% |
3 Month Returns | -7.17% |
1 Year Returns | 3.52% |