South Indian Bank Ltd
SOUTHBANKSouth Indian Bank Ltd
SOUTHBANK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
AvgFinancials growth has been moderate for a few years
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 5.83 | 0.80 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 18.54 | 2.51 | 0.92% |
Forecast & Ratings
Detailed Forecastfrom 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
The South Indian Bank Limited provides retail and corporate banking, Para banking activities, such as debit card, third-party product distribution, in addition to Treasury and Foreign Exchange Business.
Investor Presentation
View olderPeers
Compare with peersHDFC Bank Ltd
ICICI Bank Ltd
Kotak Mahindra Bank Ltd
Axis Bank Ltd
Indusind Bank Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 5,783.29 | 6,074.62 | 6,562.64 | 7,030.05 | 7,602.73 | 8,809.55 | 8,490.92 | 7,620.44 | 8,044.55 | 9,051.91 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 7,666.33 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 633.70 | 692.25 | 676.52 | 713.22 | 821.43 | 941.35 | 1,228.36 | 1,198.29 | 1,308.03 | |||||||||||
| Selling & Administrative Expenses | 218.86 | 230.74 | 250.40 | 274.81 | 323.62 | 354.22 | 365.41 | 380.08 | 446.50 | |||||||||||
| Operating & Other expenses | 4,463.93 | 4,574.94 | 4,970.13 | 5,478.41 | 6,007.54 | 7,286.72 | 6,727.85 | 6,050.26 | 5,094.04 | |||||||||||
EBITDA | 466.80 | 576.69 | 665.59 | 563.61 | 450.14 | 227.26 | 169.30 | -8.19 | 1,195.98 | 1,385.58 | ||||||||||
| Depreciation/Amortization | -1.11 | 67.03 | 65.38 | 63.73 | 69.64 | 77.70 | 82.65 | 84.02 | 87.49 | — | ||||||||||
| PBIT | 467.91 | 509.66 | 600.21 | 499.88 | 380.50 | 149.56 | 86.65 | -92.21 | 1,108.49 | 1,385.58 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 467.91 | 509.66 | 600.21 | 499.88 | 380.50 | 149.56 | 86.65 | -92.21 | 1,108.49 | 1,385.58 | ||||||||||
| Taxes & Other Items | 160.71 | 176.40 | 207.72 | 165.00 | 132.97 | 44.96 | 24.75 | -137.03 | 333.19 | 471.57 | ||||||||||
| Net Income | 307.20 | 333.26 | 392.49 | 334.88 | 247.53 | 104.60 | 61.90 | 44.82 | 775.30 | 914.01 | ||||||||||
| EPS | 2.06 | 2.23 | 2.38 | 1.85 | 1.37 | 0.58 | 0.32 | 0.21 | 3.70 | 4.37 | ||||||||||
| DPS | 0.54 | 0.45 | 0.40 | 0.40 | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | ||||||||||
| Payout ratio | 0.26 | 0.20 | 0.17 | 0.22 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 |
Company Updates
Peers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| South Indian Bank Ltd | 6.87 | 0.80 | — |
| HDFC Bank Ltd | 26.56 | 4.21 | 0.87% |
| ICICI Bank Ltd | 20.42 | 3.14 | 0.80% |
| Kotak Mahindra Bank Ltd | 24.25 | 3.22 | 0.08% |
Price Comparison
Compare SOUTHBANK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.42%
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding South Indian Bank Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
KOTAK MULTICAP FUND - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.4389% | Percentage of the fund’s portfolio invested in the stock 2.00% | Change in the portfolio weight of the stock over the last 3 months 0.25% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/75 (+36) |
Kotak Equity Savings Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2839% | Percentage of the fund’s portfolio invested in the stock 0.45% | Change in the portfolio weight of the stock over the last 3 months 0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 74/98 (-9) |
Kotak Banking & Financial Services Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2128% | Percentage of the fund’s portfolio invested in the stock 1.58% | Change in the portfolio weight of the stock over the last 3 months 0.41% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 21/30 (+2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 17, 2023
Dividend/Share
₹0.30
Ex DateEx Date
Aug 17, 2023
Cash Dividend
Ex DateEx DateJul 9, 2019
Dividend/Share
₹0.25
Ex DateEx Date
Jul 9, 2019
Cash Dividend
Ex DateEx DateJul 3, 2018
Dividend/Share
₹0.40
Ex DateEx Date
Jul 3, 2018
Cash Dividend
Ex DateEx DateJul 3, 2017
Dividend/Share
₹0.40
Ex DateEx Date
Jul 3, 2017
Cash Dividend
Ex DateEx DateJun 30, 2016
Dividend/Share
₹0.50
Ex DateEx Date
Jun 30, 2016
News & Opinions
News Video
Asset Growth Has Not Been As Strong As We Would Have Liked: South Indian Bank | CNBC TV18
1 month ago•CNBC-TV18
Buy South Indian Bank; target of Rs 28: ICICI Securities
3 months ago•Moneycontrol
Breakout Stocks: How are South Indian Bank, Gabriel India and BF utilities looking on charts for Monday’s trade?
3 months ago•Economic Times
Stocks In Focus: South Indian Bank, IndiGo, PVR Inox, Havells & More
3 months ago•Bloomberg Quint
News Video
RBI Appoints PR Seshadri As South Indian Bank MD & CEO With Effect From October 1 | CNBC TV18
3 months ago•CNBC-TV18
South Indian Bank jumps 8% after lender picks new MD and CEO
3 months ago•Moneycontrol
P. R. Seshadri appointed new MD & CEO of South Indian Bank
3 months ago•The Hindu Businessline
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 2.73%, vs industry avg of 12.08%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.58% to 1.03%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 18.28%, vs industry avg of 23.14%