South Indian Bank Limited (IN:SOUTHBANK)
:SOUTHBANK
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South Indian Bank Limited
(SOUTHBANK)
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Rating:77Outperform
Price Target:
₹39.00
▲(1.09% Upside)
Action:UpgradedDate:10/21/25
South Indian Bank Limited's stock is rated favorably due to its strong technical indicators and attractive valuation. The financial performance is solid, though cash flow management and leverage require careful monitoring. The absence of earnings call and corporate events data does not impact the overall positive outlook.
Positive Factors
Resilient, diversified banking revenue model
The bank's core earnings are driven by net interest margins plus fee income and treasury gains. This multi‑channel revenue mix (lending spreads, fees, investment income, recoveries) supports durable cash generation and reduces reliance on any single income source over a 2–6 month horizon.
Negative Factors
Operating cash flow volatility
Intermittent negative operating cash flow and swinging free cash flow signal inconsistent internal liquidity generation. This can force greater reliance on deposits or wholesale funding, constrain strategic spending, and increase vulnerability during stress periods over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Resilient, diversified banking revenue model
The bank's core earnings are driven by net interest margins plus fee income and treasury gains. This multi‑channel revenue mix (lending spreads, fees, investment income, recoveries) supports durable cash generation and reduces reliance on any single income source over a 2–6 month horizon.
Read all positive factors
South Indian Bank Limited (SOUTHBANK) vs. iShares MSCI India ETF (INDA)
Market Cap
₹101.43B
Dividend Yield1.05%
Average Volume (3M)1.78M
Price to Earnings (P/E)6.7
Beta (1Y)0.94
Revenue Growth8.09%
EPS Growth2.68%
CountryIN
Employees13,116
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.43
Shares Outstanding2,617,567,900
10 Day Avg. Volume3,908,439
30 Day Avg. Volume1,784,160
Financial Highlights & Ratios
PEG Ratio-2.02
Price to Book (P/B)0.61
Price to Sales (P/S)0.55
P/FCF Ratio-0.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹52.00Price Target Upside34.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)6.08
Revenue Forecast (FY)₹62.05B
South Indian Bank Limited Business Overview & Revenue Model
Company Description
The South Indian Bank Limited provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. Its personal banking products and ser...
How the Company Makes Money
South Indian Bank primarily makes money through banking intermediation and fee-based services. (1) Net interest income: The core earnings driver is the spread between interest earned on loans and other interest-earning assets (such as advances to ...
South Indian Bank Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 115.59B | 112.30B | 101.30B | 81.82B | 76.28B | 82.99B |
| Gross Profit | 41.00B | 53.03B | 48.49B | 39.61B | 32.81B | 34.01B |
| EBITDA | 18.28B | 18.59B | 16.19B | 11.96B | -82.03M | 1.69B |
| Net Income | 13.58B | 13.03B | 10.70B | 7.75B | 448.08M | 619.11M |
Balance Sheet | ||||||
| Total Assets | 1.36T | 1.25T | 1.17T | 1.08T | 1.00T | 941.49B |
| Cash, Cash Equivalents and Short-Term Investments | 100.85B | 122.60B | 86.49B | 70.80B | 113.94B | 100.08B |
| Total Debt | 66.47B | 43.00B | 42.96B | 73.35B | 55.36B | 56.72B |
| Total Liabilities | 1.25T | 1.15T | 1.09T | 1.01T | 941.98B | 883.40B |
| Stockholders Equity | 106.46B | 101.08B | 88.26B | 66.75B | 58.54B | 58.09B |
Cash Flow | ||||||
| Free Cash Flow | -54.62B | -81.14B | 28.59B | -73.74B | 42.50B | 57.27B |
| Operating Cash Flow | -54.00B | -79.56B | 30.41B | -72.61B | 43.52B | 58.08B |
| Investing Cash Flow | -70.60B | 44.34B | -19.86B | -3.86B | -17.41B | -10.92B |
| Financing Cash Flow | 102.85B | 57.60B | 81.21B | 35.24B | -1.75B | -1.38B |
South Indian Bank Limited Technical Analysis
Positive
38.58
Price Trends
39.20
Negative
39.66
Negative
35.37
Positive
Market Momentum
-0.40
Negative
54.42
Neutral
87.38
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SOUTHBANK, the sentiment is Positive. The current price of 38.58 is above the 20-day moving average (MA) of 36.86, below the 50-day MA of 39.20, and above the 200-day MA of 35.37, indicating a neutral trend. The MACD of -0.40 indicates Negative momentum. The RSI at 54.42 is Neutral, neither overbought nor oversold. The STOCH value of 87.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SOUTHBANK.
South Indian Bank Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ₹103.64B | 5.96 | ― | 2.15% | 7.08% | 7.69% | |
77 Outperform | ₹101.43B | 6.70 | ― | 1.05% | 8.09% | 2.68% | |
74 Outperform | ₹92.09B | 6.68 | ― | 2.42% | ― | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | ₹60.66B | 7.47 | ― | 0.76% | 21.44% | 17.14% | |
58 Neutral | ₹70.22B | 13.04 | ― | ― | 32.90% | 12.28% | |
56 Neutral | ₹67.65B | 19.93 | ― | 1.63% | 10.02% | -120.18% |
* Financial Sector Average
IN:SOUTHBANK
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South Indian Bank Limited Corporate Events
South Indian Bank Names Ex-RBI Executive Jose Kattoor as Part-Time Chairman
Mar 21, 2026
South Indian Bank has announced a leadership change at the board level, with long-serving Non-Executive Part Time Chairman and Independent Director V. J. Kurian set to retire on March 22, 2026 at the end of his term. The move marks a scheduled tra...
South Indian Bank Elevates Senior Leadership in Strategic Organisational Shift
Mar 21, 2026
South Indian Bank’s board has approved a series of senior management elevations effective April 1, 2026, as part of an organizational realignment. Key roles upgraded include the Chief Operating Officer to Executive Vice President COO, the H...
South Indian Bank Appoints Thomson Thomas as Independent Director
Mar 21, 2026
South Indian Bank’s board has appointed chartered accountant Thomson Thomas as an Additional Director and Non-Executive Independent Director with effect from March 23, 2026, for a three-year term, subject to shareholder approval. He replaces...
South Indian Bank appoints veteran chartered accountant as independent director
Mar 21, 2026
South Indian Bank has announced the appointment of chartered accountant Thomson Thomas as a Non-Executive Independent Director, effective March 23, 2026, for a three-year term, subject to shareholder approval. He will replace outgoing independent ...
South Indian Bank Elevates Senior Leadership to Sharpen Business and Digital Focus
Mar 21, 2026
South Indian Bank’s board has approved a series of senior management elevations effective April 1, 2026, as part of a broader realignment of leadership roles. Key executives have been promoted, including the Chief Operating Officer to Execut...
South Indian Bank appoints Jose Joseph Kattoor as new part-time chairman
Mar 21, 2026
South Indian Bank has announced a change in its board leadership, with Non-Executive Part Time Chairman and Independent Director V. J. Kurian set to retire on March 22, 2026, upon completion of his term. The bank has disclosed this transition unde...
South Indian Bank Announces Chairman Transition, Appoints Ex-RBI Executive
Mar 21, 2026
South Indian Bank has announced that Non-Executive Part Time Chairman and Independent Director V. J. Kurian will retire from office on March 22, 2026, upon completion of his term. The cessation has been formally communicated to stock exchanges und...
South Indian Bank Names Former RBI Executive Jose Joseph Kattoor as Part-Time Chairman
Feb 3, 2026
South Indian Bank has received approval from the Reserve Bank of India for the appointment of Sri Jose Joseph Kattoor as the bank’s Non-Executive Part Time Chairman and Independent Director for a three-year term starting 23 March 2026. He wi...
South Indian Bank Grants 121,206 ESOPs to Executive Director Dolphy Jose
Jan 15, 2026
South Indian Bank’s board has approved the grant of 121,206 stock options to Executive Director Dolphy Jose under Tranche 20 of its 2008 Employee Stock Option Scheme, aligning with non-cash variable pay cleared by the Reserve Bank of India f...
South Indian Bank Delivers Record Quarterly Profit and Strong Asset Quality Gains
Jan 15, 2026
South Indian Bank reported its highest-ever quarterly net profit of Rs. 374.32 crore for the third quarter of FY 2025-26, a 9% year-on-year increase, with net profit for the nine months ended December 2025 also rising 9% to Rs. 1,047.64 crore. The...
South Indian Bank Confirms Continuity of Compliance Officer Under SEBI Listing Norms
Jan 5, 2026
South Indian Bank has notified the stock exchanges that its Company Secretary, Jimmy Mathew, continues to serve as the designated Compliance Officer in accordance with Regulations 6(1) and 7(1) of SEBI’s Listing Obligations and Disclosure Re...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.