South Indian Bank Ltd
SOUTHBANKSouth Indian Bank Ltd
SOUTHBANK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
LowUndervalued compared to the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
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 |
|---|---|---|
| 5.54 | 0.73 | 1.22% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 18.47 | 2.57 | 0.77% |
Forecast & Ratings
Detailed Forecast from 7 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.
Peers
Compare with peersHDFC Bank Ltd
ICICI Bank Ltd
Axis Bank Ltd
Kotak Mahindra 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 2022 | FY 2023 | FY 2024 | TTM | ||||
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 7,620.44 | 8,044.55 | 10,127.33 | 10,477.22 | ||||
Raw Materials | — | — | — | 8,845.87 | ||||
| Power & Fuel Cost | — | — | — | |||||
| Employee Cost | 1,198.29 | 1,308.03 | 1,705.25 | |||||
| Selling & Administrative Expenses | 380.08 | 446.50 | 510.01 | |||||
| Operating & Other expenses | 6,050.26 | 5,094.04 | 6,292.81 | |||||
EBITDA | -8.19 | 1,195.98 | 1,619.26 | 1,631.35 | ||||
| Depreciation/Amortization | 84.02 | 87.49 | 90.35 | — | ||||
| PBIT | -92.21 | 1,108.49 | 1,528.91 | 1,631.35 | ||||
| Interest & Other Items | — | — | — | — | ||||
| PBT | -92.21 | 1,108.49 | 1,528.91 | 1,631.35 | ||||
| Taxes & Other Items | -137.03 | 333.19 | 458.71 | 469.85 | ||||
| Net Income | 44.82 | 775.30 | 1,070.20 | 1,161.50 | ||||
| EPS | 0.20 | 3.40 | 4.37 | 4.44 | ||||
| DPS | 0.00 | 0.28 | 0.30 | 0.28 | ||||
| Payout ratio | 0.00 | 0.08 | 0.07 | 0.06 |
Company Updates
Annual report
PDFPeers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| South Indian Bank Ltd | 6.02 | 0.73 | 1.22% |
| HDFC Bank Ltd | 20.35 | 2.77 | 1.14% |
| ICICI Bank Ltd | 20.57 | 3.37 | 0.77% |
| Axis Bank Ltd | 14.57 | 2.44 | 0.08% |
Price Comparison
Compare SOUTHBANK with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 3.36%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.73%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
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) |
|---|---|---|---|---|
Bandhan Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.4405% | Percentage of the fund’s portfolio invested in the stock 1.40% | Change in the portfolio weight of the stock over the last 3 months 0.11% | 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 50/172 (+2) |
Mahindra Manulife Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2110% | Percentage of the fund’s portfolio invested in the stock 0.91% | Change in the portfolio weight of the stock over the last 3 months -0.11% | 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 57/67 (-13) |
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2092% | Percentage of the fund’s portfolio invested in the stock 0.91% | Change in the portfolio weight of the stock over the last 3 months -0.14% | 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 19/252 (-11) |
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 20, 2024
Dividend/Share
₹0.30
Ex DateEx Date
Aug 20, 2024
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
South Indian Bank has allotted 1,00,071 equity shares under ESOS on 04 September 2024. Consequently, the paid up equity share capital has increased to Rs. 261,62,66,475/- divided into 261,62,66,475 equity shares of Re.1/- each. Powered by Capital Market - Live
ATM robbery bid in Kasaragod
South Indian Bank announced that the 96th Annual General Meeting (AGM) of the bank will be held on 27 August 2024.Powered by Capital Market - Live
Stock that will see action today: 31 July 2024
South Indian Bank is looking to expand beyond Kerala, says MD & CEO
South Indian Bank will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live
South Indian Bank to consider fund raising on Jul 30
The bank may raise funds by way of issuance of equity shares including but not limited through preferential issue and/ or qualified institutions placement (QIP)/ global depository receipts (GDRs)/ American depository receipts (ADRs)/ foreign currency convertible bonds (FCCBs)/ or any other methods on private placement basis, FPO etc. subject to regulatory approvals, as may be required. The board of directors may also consider borrowing/ raising funds in Indian/ foreign currency by issue of debt securities including but not limited to non-convertible debentures, bonds, MTN, subject to regulatory approvals, as may be required. South Indian Bank provides retail and corporate banking, Para banking activities such as debit card, third party product distribution, in addition to treasury and foreign exchange business. The bank's standalone net profit increased 45.35% to Rs 294.13 crore in Q1 FY25 as against Rs 202.35 crore recorded in Q1 FY24. Total income jumped 14.65% YoY to Rs 2,736.13 crore during the quarter. The scrip declined 0.89% to close at Rs 26.68 on Wednesday, 23 July 2024. Powered by Capital Market - Live
Stocks in news: L&T, Axis Bank, HUL, Bajaj Finance, Tata Consumer
South Indian Bank share price jumps 6% on strong June quarter show
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