South Indian Bank Ltd share price logo

South Indian Bank Ltd (SOUTHBANK)

₹26.560.38%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 7 analysts

BUY

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 ₹36.57

Source: S&P Global Market Intelligence

South Indian Bank Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹26.03
    ₹26.77
  • 52 Week's Low

    52 Week's High

    ₹17.91
    ₹36.88
1 Month Return-4.48 %
3 Month Return-4.65 %
1 Year Return+ 19.19 %
Previous Close₹26.46
Open₹26.45
Volume2.97Cr
Upper Circuit-
Lower Circuit-
Market Cap₹6,922.37Cr

Key Statistics

P/E Ratio5.63
PEG Ratio4.06
Market Cap₹6,922.37 Cr
P/B Ratio0.46
EPS3.39882970025996

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Bandhan Small Cap Fund Direct GrowthBandhan Small Cap Fund Direct Growth1.28%
Mahindra Manulife Multi Cap Fund Direct Plan GrowthMahindra Manulife Multi Cap Fund Direct Plan Growth0.77%
Mahindra Manulife Small Cap Fund Direct GrowthMahindra Manulife Small Cap Fund Direct Growth0.37%
Mahindra Manulife Flexi Cap Fund Direct GrowthMahindra Manulife Flexi Cap Fund Direct Growth1.1%
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth1.05%

Company Information

The South Indian Bank SIB, incorporates in 1929, provides retail and corporate banking services, and para-banking activities such as debit card, foreign exchange, merchant banking, treasury, internet banking, and mobile banking. As of December 31, 2020, SIB has 877 branches, 1443 ATMs, and is the first private sector bank in Kerala to become scheduled bank in 1946. The bank has received numerous awards such as ASSOCHAM Best MSME Bank Private Sector award in 2019, IBA Banking Technology Awards 2020 and CSR Excellence Award 2019. SIB has introduced new banking channels including kiosk banking, reloadable prepaid cards, digital debit, and net banking. With its successful presence across India, the bank stands as an example of exemplary banking services.

Share Price: ₹26.56 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹6,922.37Cr as of today
Revenue: ₹2,620.55Cr as on March 2024 (Q1 24)
Net Profit: ₹287.33Cr as on March 2024 (Q1 24)
Listing date: 14 Dec, 1998
Chairperson Name: Salim Gangadharan
OrganisationSouth Indian Bank Ltd
HeadquartersThrissur
IndustryBanks
E-voting on sharesClick here to vote

Key events for South Indian Bank Ltd

  • South Indian Bank's Q4FY24 NII Rises 6.7%, Net Profits Decline by 32.1% - 06 Jul, 2024

    South Indian Bank's Q4FY24 net interest income (NII) rose by 6.7% to ₹874.67 crores, while net profits declined by 32.1% to ₹287 crores. The bank's P/E ratio is lower than the industry average, indicating undervaluation.

  • South Indian Bank Reports Growth in Advances and Deposits - 02 Jul, 2024

    South Indian Bank reported an 11.35% YoY growth in gross advances and an 8.41% YoY increase in total deposits for Q1 FY25. CASA rose by 5.88% YoY to Rs 32,998 crore.

  • South Indian Bank Reports Increase in Gross Advances and Deposits - 01 Jul, 2024

    South Indian Bank Ltd. reported an 11.4% YoY increase in gross advances to Rs 82,510 crore and an 8.4% advance in deposits to Rs 1.04 lakh crore in Q1 FY25. The CASA ratio dipped marginally from 32.64% to 31.87%. Shares of the bank closed 0.37% higher at Rs 27.05 apiece.

  • South Indian Bank Wins Four Awards at Infosys Finacle Innovation Awards 2024 - 13 Jun, 2024

    South Indian Bank has won four awards at the Infosys Finacle Innovation Awards 2024, including Platinum Winner for Business Model Innovation. The bank was recognized for its commitment to pioneering solutions in various categories such as Corporate Banking Innovation, Ecosystem-led Innovation, and Customer Engagement.

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.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SOUTHBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 14.68% to 15.17% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 77.72% to 80.16% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 43.0% return, outperforming this stock by 23.8%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 4.53% to 1.69% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 2.63K Cr → 2.62K Cr (in ₹), with an average decrease of 0.6% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 305.38 Cr → 287.33 Cr (in ₹), with an average decrease of 5.9% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, SOUTHBANK stock has moved down by -4.5%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹2,620.55Cr
↓0.59%
Net Income
₹287.33Cr
↓5.91%
Net Profit Margin
10.96%
↓5.35%
2023Y/Y Change
Revenue
₹8,044.55Cr
↑5.57%
Net Income
₹775.31Cr
↑1,630.22%
Net Profit Margin
9.64%
↑1,533.90%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,08,009.99Cr
↑7.80%
Total Liabilities
₹1,08,009.99Cr
↑7.80%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹7,260.82Cr
↓240.57%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
15.17%
0.00
Mutual Funds
1.69%
0.00
Retail Investors
80.16%
0.00
Others
2.98%
0.00

Key Indicators

South Indian Bank Ltd Valuation

South Indian Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.78x)

October 3, 2022

Today (5.63x)

July 12, 2024

Industry (17.94x)

July 12, 2024

Highest (44.00x)

April 6, 2022

LowHigh

Earnings and Dividends

  • South Indian Bank Ltd Earnings Results

    South Indian Bank Ltd’s net profit fell -13.85% since last year same period to ₹287.33Cr in the Q4 2023-2024. On a quarterly growth basis, South Indian Bank Ltd has generated -5.91% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • South Indian Bank Ltd Dividends May,2023

    In the quarter ending March 2023, South Indian Bank Ltd has declared dividend of ₹0.30 - translating a dividend yield of 1.13%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

South Indian Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy South Indian Bank Ltd shares.

South Indian Bank Ltd (SOUTHBANK) share price today is ₹26.56

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 ₹26.77.
  • Today’s lowest price of South Indian Bank Ltd is ₹26.03.

PE Ratio of South Indian Bank Ltd is 5.63

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 2.97Cr.

Today’s market capitalisation of South Indian Bank Ltd(SOUTHBANK) is ₹6922.37Cr.

South Indian Bank Ltd(SOUTHBANKPrice
52 Week High
₹36.88
52 Week Low
₹17.91

South Indian Bank Ltd(SOUTHBANK) share price is ₹26.56. It is down -27.98% from its 52 Week High price of ₹36.88

South Indian Bank Ltd(SOUTHBANK) share price is ₹26.56. It is up 48.30% from its 52 Week Low price of ₹17.91

South Indian Bank Ltd(SOUTHBANKReturns
1 Day Returns
0.1%
1 Month Returns
-4.48%
3 Month Returns
-4.65%
1 Year Returns
19.19%