NSE: SOUTHBANK | BSE: 532218

Turnaround Potential

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41.42 0.27 (0.66%)

47.35% Gain from 52W Low

18.3M NSE+BSE Volume

NSE 29 May, 2026 3:31 PM (IST)

10,842.2

Market Cap

Low in industry

Beta 1Year

Very High Volatility

South Indian Bank Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SOUTHBANK, BSE:532218 South Indian Bank Ltd.

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South Indian Bank Ltd.

08 May 2026

41.42

0.66%

Strong Q4, Profitability levers visible - execution remains key private sector bank headquartered in Thrissur, Kerala. Digitization, product & process innovation and granular sustainable growth remains key focus, enabling...

South Ind Bank has gained 46.21% in the last 1 Year

South Indian Bank Ltd.

08 May 2026

41.42

0.66%

Healthy delivery on growth / margins, write-offs led sharp improvement in NPA

Buy: South Indian Bank Ltd.

Target

ICICI Securities Limited

South Indian Bank (SIB) reported a strong Q4FY26 result, characterised by an acceleration in loans/CASA growth and a sharp improvement in slippages, gross and net NPA, while sustaining >1% RoA.

Number of FII/FPI investors increased from 249 to 266 in Mar 2026 qtr.

South Indian Bank Ltd.

27 Apr 2026

41.42

0.66%

South Indian Bank

Buy: South Indian Bank Ltd.

ICICI Direct

South Indian Bank Ltd. has an average target of 47.50 from 6 brokers.

South Indian Bank Ltd.

25 Mar 2026

41.42

0.66%

[Initiation] South Indian Bank (BUY): AQ improvement drives RoA recovery, supports re-rating

Buy: South Indian Bank Ltd.

BOB Capital Markets Ltd.

Portfolio recalibration towards granular retail and MSME segments; AQ improves as legacy stress eases and share of new book increases

South Ind Bank has gained 46.21% in the last 1 Year

South Indian Bank Ltd.

19 Jan 2026

41.42

0.66%

South Indian Bank

Buy: South Indian Bank Ltd.

Target

ICICI Direct

Q3FY26 performance: South Indian Bank reported healthy Q3FY26 performance, with improvement in margins supported by healthy loan growth and sustained asset quality. Gross advances grew 11.3% YoY (4.9% QoQ) to 96,764 crore, driven by broad-based momentum in the RAM segment, while deposits increased 12.2% YoY (2.2% QoQ) to 1,18,211 crore. NIM improved by 6 bps QoQ to 2.86%, while NII rose 8.9% QoQ to 881 crore. Other income moderated 5.8% QoQ to 486 crore, due to lower treasury gains. Provisions increased to 80 crore (up 27% QoQ), PCR improved 132 bps sequentially to 91.57%. Asset quality continued to strengthen,...

South Indian Bank Ltd. is trading above all available SMAs

South Indian Bank Ltd.

07 Nov 2025

41.42

0.66%

Valuation Rationale:

Buy: South Indian Bank Ltd.

NDA Securities

We expect moderate multiple expansion as the bank sustains mid-teen RoE, stable margins, and continued balance sheet strengthening.

South Indian Bank Ltd. has an average target of 47.50 from 6 brokers.

South Indian Bank Ltd.

18 Oct 2025

41.42

0.66%

South Indian Bank

Buy: South Indian Bank Ltd.

ICICI Direct

Granular growth driving structural rebalancing: Gradual but clear shift in loan mix was visible during Q2FY26, as focus moved towards better yield retail & MSME segments. Retail advances grew nearly 22% YoY, supported by robust traction in gold and home loans, while MSME disbursement surged 127% YoY, reflecting broad-based momentum. Consequently, the share of corporate loans declined to ~40% of total advances (vs 42% Q1FY26), indicating execution of moving towards RAM being on-track. The expanding retail and MSME base, aided by co-lending partnership and digital sourcing...

Number of FII/FPI investors increased from 249 to 266 in Mar 2026 qtr.

South Indian Bank Ltd.

06 Oct 2025

41.42

0.66%

South Indian Bank

Buy: South Indian Bank Ltd.

ICICI Direct

Number of FII/FPI investors increased from 249 to 266 in Mar 2026 qtr.

South Indian Bank Ltd.

23 Sep 2025

41.42

0.66%

South Indian Bank

Buy: South Indian Bank Ltd.

Target

ICICI Direct

De-risking legacy book and building healthy portfolio: South Indian Bank's pre2020 defaults in corporate exposures and Covid related delays spiked NPAs to 5.9% in FY22, forcing large provisions that hammered profitability. The bank has since derisked sharplylegacy stressed book down from 65,349 crore (63% of advances in FY22) to 16,973 crore (19% in FY25) via recoveries/exitsdriving GNPA to 3.2%, NNPA to 0.9%, and PCR to 85%, with ~98% of corporate book now being AAA/A+ rated. Newly originated granular retail/MSME and selective corporate lending shines pristine (GNPA 0.46%), backed by tighter underwriting, digital platforms, and robust collections, with fresh slippages easing to 1.5% for sustained turnaround. Recalibrating the mix remain core strategy: Management is driving a structural...