NSE: SOUTHBANK | BSE: 532218

Strong Performer, Under Radar

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28.92 -0.09 (-0.31%)

29.86% Gain from 52W Low

4.0M NSE+BSE Volume

NSE 12 Sep, 2025 3:31 PM (IST)

7,567.5

Market Cap

Low in industry

1.0

Beta 1Year

Average 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.

South Indian Bank Ltd.

10 Jan 2018

28.92

-0.31%

South Indian Bank : PAT beat led by lower-than-expected provisions; asset quality improves

Buy: South Indian Bank Ltd.

Target

Motilal Oswal

SIB's reported PAT increased 3% YoY to INR1.15b, beating our estimate by 11%,as provisions of INR1.5b were 25% below our estimate. PPoP declined28%/12% QoQ/YoY, led by a sharp fall in other income (treasury gains declined91% YoY due to an increase in bond yields, while the base quarter had low yields due to the impact of demonetization). NII grew 1%/22% QoQ/YoY, driven by 5%/17% QoQ/YoY advances growth and22bp YoY NIM expansion. However, on a sequential basis, NIM contracted 7bpto 2.88% with a fall in MSME yields,as the bank is increasingly looking at greater collateral cover. Opex growth was controlled at 5%/13% QoQ/YoY(employee expenses were up 6% YoY). CI ratio increased to 50.6% (v/s 41.3% in2QFY18). Loan growth of 5%/17% QoQ/YoY was driven by robust growth in retail (+25%YoY) and SME (+25% YoY), while the corporate book grew 3% YoY, in line with the bank's retail-focused strategy. Share of corporate book has reduced to35.5% of advances compared to 40% in the year-ago period.

South Indian Bank Ltd. has gained 20.85% in the last 6 Months

South Indian Bank Ltd.

27 Nov 2017

28.92

-0.31%

South Indian Bank

Buy: South Indian Bank Ltd.

ICICI Securities Limited

Institutional Investors have increased holdings from 22.38% to 28.68% in Jun 2025 qtr.

South Indian Bank Ltd.

02 Nov 2017

28.92

-0.31%

South Indian Bank - Q2FY18 Result Update

Buy: South Indian Bank Ltd.

Choice India

South Indian Bank (SIB) reported strong operating performance with NII growing by 13.0% YoY in line with our estimates. Improvement in NIM and C/I ratio led to 55% growth in PPOP during the quarter. However, elevated provisioning offset margin improvement and weighted on the profitability. We retain Buy' rating on...

South Indian Bank Ltd. is trading below its 30 day SMA of 29.3

South Indian Bank Ltd.

18 Oct 2017

28.92

-0.31%

South Indian Bank Ltd Q2FY18 results comment

Results Update: South Indian Bank Ltd.

HDFC Securities

NII grew to Rs. 503.22 Cr in Q2FY18 compared to Rs. 460.71 Cr in Q1FY18. NII grew to Rs. 503.22 Cr in Q2FY18 compared to Rs. 460.71 Cr in Q1FY18.

South Indian Bank Ltd. has gained 20.85% in the last 6 Months

South Indian Bank Ltd.

12 Oct 2017, 12:00AM

28.92

-0.31%

2QFY18 EARNINGS SOUTH INDIAN BANK

Buy: South Indian Bank Ltd.

Target

Chola Wealth Direct

Sector: Banking /Mid-Cap | Earnings Update 2QFY18 Background: South Indian Bank (SIB), among the mid-sized banks in the private sector space, operates a network of about 851 branches and about 1,354 ATMs. The bank's business is largely skewed towards the Southern state with half of its branches located in Kerala. SIB has established a strong brand recall among the Keralite-NRI Diaspora. With no identifiable promoters SIB is run by a team of professionals. As of 2QFY18 the bank had deposits of ~INR 671bn and a loan book of ~INR 497bn. The bank looks to add a...

South Indian Bank Ltd. is trading above its 200 day SMA of 26.9

South Indian Bank Ltd.

12 Oct 2017, 12:00AM

28.92

-0.31%

South Ind Bk

Buy: South Indian Bank Ltd.

Dolat Capital

South Indian Bank Ltd. is trading below its 30 day SMA of 29.3

South Indian Bank Ltd.

18 Jul 2017

28.92

-0.31%

South Indian Bank Ltd Q1FY18 results comment

Results Update: South Indian Bank Ltd.

HDFC Securities

NII grew to Rs. 460.71 Cr in Q1FY18 compared to Rs. 439.1 Cr in Q4FY17 NII grew to Rs. 460.71 Cr in Q1FY18 compared to Rs. 439.1 Cr in Q4FY17

Institutional Investors have increased holdings from 22.38% to 28.68% in Jun 2025 qtr.

South Indian Bank Ltd.

17 Jul 2017

28.92

-0.31%

South Indian Bank - Q1FY18 Result Update

Buy: South Indian Bank Ltd.

Choice India

South Indian Bank (SIB) reported strong numbers for Q1FY18 with NII growing significantly by 23.3% YoY and 4.9% QoQ driven by the low interest expenses which declined by (-)4.1% YoY. However, net profit of the bank grew by 6.7% YoY on the back of elevated provisioning against the NPA. NIM improved by 10...

South Indian Bank Ltd. is trading above its 200 day SMA of 26.9

Is South Indian Bank Ltd. worth buying?

1385 Votes:

Buy 81.81%

Sell 9.31%

Hold 8.88%

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