South Indian Bank

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA by Infomerics.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 16% and profit rose 21% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• ValuationExpensive vs its pastThe share trades at 9 times its yearly earnings (P/E), pricier than 80% of the time in the last 5 years. Its usual P/E is about 7.

South Indian Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)9 against a typical 12.2: cheaper than most peers (1st = cheapest).6th of 20
• Sales growth+16.2% against a typical +16.2% from a year earlier.12th of 20
• Profit growth+21.4% against a typical +34.9% from a year earlier.15th of 19
• Share price, 3 months+17.2% against a typical −5.9%.1st of 20
• Size₹ 13,769.7 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).12th of 17

Exchange filings and their impact on the company.

• 28 Oct 2026Commencement of commercial production/operationsLow impactNeutralPrice +0.4% that day
  South Indian Bank opened one new Kochi branch — immaterial to near-term financials.

  South Indian Bank opened a new branch at Smart City, Kakkanad in Kochi on October 28, 2026, located in the Lulu IT Infrabuild amenities block. It is a single-branch network addition for a bank with over Rs 137,000 crore in deposits. The near-term financial impact is negligible, with only marginal deposit and income contribution expected in the first year.

  Full analysisFiling
• 22 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactPositivePrice −5.7% on 23 Oct
  Record Q2 profit and best-ever asset quality with NIM and ROA guidance raised point to ~20% earnings growth ahead.

  South Indian Bank reported its highest ever quarterly profit of Rs 426 crore in Q2 FY27, up 21% from last year, with loans and deposits both up 19% to Rs 1,09,517 crore and Rs 1,37,279 crore. Net interest margin rose to 3.33% and bad loans fell to record lows, with gross NPA at 1.24% and net NPA at just 0.09%. Management guided for around 16% loan growth, margin improving toward 3.45-3.50% and return on assets rising toward 1.25-1.30%, with focus on gold, MSME and retail loans and no immediate need for fresh equity capital.

  Full analysisFiling
• 17 Oct 2026General UpdatesLow impactNeutralPrice +5.5% on 19 Oct
  South Indian Bank revised MCLR to 8.2%-9.5% effective Oct 20, 2026, a routine pricing tweak.

  South Indian Bank revised its Marginal Cost of Funds Based Lending Rates effective 20th October 2026. The new rates are 8.20% overnight, 8.55% for one month, 9.25% for three months, 9.30% for six months and 9.50% for one year. This is a routine loan-pricing change that should have only a small impact on interest income over the next year.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Mahesh M. Pai

Chief Executive Officer, Managing Director

P. R. Seshadri

Chief Executive Officer, Managing Director

Vinod Francis

Chief Financial Officer

Anto T. Geroge

Chief Operating Officer

Jimmy Mathew

Compliance Officer, Company Secretary

Vijith S.

Chief Compliance Officer

Dolphy Jose

Whole-Time Director (Executive Director)

Nehru Singh B.

Chief Risk Officer