The South Indian Bank Limited

The South Indian Bank Limited (SOUTHBANK) is a small-cap Financial Services company valued at ₹13,477 crore operating in Private Sector Bank on the NSE and BSE.

Recent price move

The South Indian Bank Limited last traded at ₹51.24, modestly down 0.47% on the day.

Recent developments

On 2026-09-23, the company previewed its Q2 results, indicating a recovery in financing profit. On 2026-10-03, the company announced a board meeting to approve its unaudited financial results for the quarter.

Financial performance

The company's annual net profit rose 11.7% to ₹1,456 crore, while the latest quarter's net profit increased 17.3% to ₹378 crore. Profit margins remain stable at 14.8%, and return on equity is 12.8%, showing consistent profitability despite a modest rise in debt to equity at 0.34.

Valuation multiples

The stock trades at 9.2 times earnings, a discount to the Financial Services median of 19.3, 1.09 times book value. It yields 0.9%.

Things to watch

The stock is 6.4% below its 52-week high, and foreign institutional holdings increased by 1.18 percentage points in the quarter, while domestic institutional holdings rose by 1.49 percentage points. The company's profit growth has slowed in recent quarters, with the latest quarter's net profit rising only 17.3% compared to the same quarter a year earlier.

Where it stands

The company's net profit has grown strongly over the past five years, with a 88.0% CAGR, but recent quarterly performance shows a slower pace of growth. The stock is trading below its 52-week high, and institutional holdings have increased in the quarter. The most significant figure is the latest quarter's net profit of ₹378 crore, up 17.3% from the same quarter a year earlier.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.