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 price forecast by 7 analysts
Upside of39.23%
High
₹42
Target
₹34.57
Low
₹29
South Indian Bank Ltd target price ₹34.57, a slight upside of 39.23% compared to current price of ₹24.83. 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
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | + 2.01 % |
3 Month Return | -5.7 % |
1 Year Return | + 1.35 % |
Market Stats | |
Previous Close | ₹24.50 |
Open | ₹24.85 |
Volume | 1.03Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹6,409.88Cr |
P/E Ratio | 5 |
PEG Ratio | 4.78 |
Market Cap | ₹6,409.88 Cr |
P/B Ratio | 0.81 |
EPS | 4.09 |
Dividend Yield | 1.1 |
Sector | Banks |
ROE | 13.81 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
BUY | ₹6,409.88 Cr | 24.14% | NA | ₹1,070 Cr | ₹10,127 Cr | |
HOLD | ₹10,315.41 Cr | -8.63% | NA | ₹1,259 Cr | ₹15,453 Cr | |
NA | ₹7,128.98 Cr | -2.35% | NA | NA | NA | |
BUY | ₹8,196.68 Cr | 40.29% | NA | ₹1,306 Cr | ₹9,617 Cr | |
BUY | ₹7,368.37 Cr | -6.1% | NA | NA | NA |
Organisation | South Indian Bank Ltd |
Headquarters | Thrissur |
Industry | Banks |
E-voting on shares | Click here to vote |
Key events for South Indian Bank Ltd
Geojit Financial Services has given an Accumulate rating for South Indian Bank, expecting 12% credit growth by FY26 and a target price of Rs 27. The bank's shares rose 1.43% to Rs 24.85, with a dividend yield of 1.21%. Despite recent fluctuations, the bank has shown positive returns over the past year.
Geojit Recommends Accumulate for South Indian Bank - 30 Oct, 2024
Geojit Financial Services recommends an Accumulate position on South Indian Bank, raising the target price to Rs.27. The bank shows improved asset quality, profitability, and loan growth, indicating a promising 13% return potential over the next year.
Geojit Financial Services Recommends Accumulation of South Indian Bank - 29 Oct, 2024
Geojit Financial Services recommends accumulating South Indian Bank shares with a target price of Rs 27. The bank reported strong growth in interest income, advances, and profitability, alongside improved asset quality. Despite anticipated moderation in advance growth, the long-term outlook remains optimistic.
South Indian Bank Works on Compliance for Credit Cards - 22 Oct, 2024
South Indian Bank's CEO PR Seshadri stated that addressing compliance gaps in its credit card business has taken longer than expected. The bank halted issuing co-branded credit cards and is conducting an internal audit to ensure compliance with RBI regulations. Despite the challenges, Seshadri noted no material stress in the bank's gold loan portfolio.
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%.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
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
MF Holding Up
Mutual Funds have increased holdings from 2.19% to 2.28% in Sep 2024 quarter
Profit 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
Best in 3 Years
In the last 3 years, SOUTHBANK has outperformed top 5 stocks with highest market-cap in Banks
Retail Holding Up
Retail Investor have increased holdings from 81.45% to 83.27% in Sep 2024 quarter
Against Peers
In the last 1 year, State Bank of India has given 43.5% return, outperforming this stock by 42.2%
Price Dip
In the last 6 months, SOUTHBANK stock has moved down by -15.0%
FII Holding Down
Foreign Institutions have decreased holdings from 13.44% to 11.48% in Sep 2024 quarter
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 0% | 0.00 | |
Foreign Institutions | 11.48% | ||
Mutual Funds | 2.28% | 3.81 | |
Retail Investors | 83.27% | 2.23 | |
Others | 2.98% | 2.13 |
South Indian Bank Ltd in the last 5 years
Lowest (3.78x)
October 3, 2022
Today (5.00x)
November 1, 2024
Industry (15.69x)
November 1, 2024
Highest (44.00x)
April 6, 2022
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 ResultsIn the quarter ending March 2024, South Indian Bank Ltd has declared dividend of ₹0.30 - translating a dividend yield of 2.42%.
Read More about DividendsBearish
Neutral
Bullish
South Indian Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.
South Indian Bank Ltd (SOUTHBANK) share price today is ₹24.83
South Indian Bank Ltd is listed on NSE
South Indian Bank Ltd is listed on BSE
PE Ratio of South Indian Bank Ltd is 5
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 1.03Cr.
Today’s market capitalisation of South Indian Bank Ltd(SOUTHBANK) is ₹6409.88Cr.
South Indian Bank Ltd(SOUTHBANK | Price |
---|---|
52 Week High | ₹37.18 |
52 Week Low | ₹21.39 |
South Indian Bank Ltd(SOUTHBANK) share price is ₹24.83. It is down -33.22% from its 52 Week High price of ₹37.18
South Indian Bank Ltd(SOUTHBANK) share price is ₹24.83. It is up 16.08% from its 52 Week Low price of ₹21.39
South Indian Bank Ltd(SOUTHBANK | Returns |
---|---|
1 Day Returns | 0.33% |
1 Month Returns | 2.01% |
3 Month Returns | -5.7% |
1 Year Returns | 1.35% |