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    • South Indian Bank Share Price

    Mid Cap
    ₹23.21
    -0.82 (-3.41%)
    07 October, 2024 23:41 BSE: 532218 NSE: SOUTHBANK ISIN: INE683A01023

    Start SIP in South Indian Bank

    Start SIP

    South Indian Bank Performance

    Day Range

    • Low 23
    • High 24
    ₹ 23

    52 Week Range

    • Low 21
    • High 37
    ₹ 23
    • Open Price24
    • Previous Close24
    • Volume14915604

    South Indian Bank Chart

    • Over 1 Month -7.16%
    • Over 3 Month -14.26%
    • Over 6 Month -21.19%
    • Over 1 Year -5.38%

    South Indian Bank Key Statistics

    P/E Ratio 5.2
    PEG Ratio 0.2
    Market Cap Cr 6,072
    Price to Book Ratio 0.7
    EPS 4.1
    Dividend 1.3
    Relative Strength Index 25.4
    Money Flow Index 26.05
    MACD Signal -0.27
    Average True Range 0.52

    South Indian Bank Investment Rating

    • Master Rating:

    • South Indian Bank (Nse) has an operating revenue of Rs. 10,477.22 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 15% is great, ROE of 12% is good. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 33 which is a POOR score indicating inconsistency in earnings, a RS Rating of 17 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 146 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    South Indian Bank Financials
    IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 2,3142,2752,1842,1292,0251,973
    Operating Expenses Qtr Cr 780787788726679641
    Operating Profit Qtr Cr 508434483460490562
    Depreciation Qtr Cr 000000
    Interest Qtr Cr 1,4491,4001,3651,2981,2171,116
    Tax Qtr Cr 10110513013489189
    Net Profit Qtr Cr 294288305275202334
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 10,1288,046
    Operating Expenses Annual Cr 2,9802,317
    Operating Profit Annual in Cr 1,8681,507
    Depreciation Cr 087
    Interest Annual Cr 5,2814,221
    Tax Annual Cr 459471
    Net Profit Annual Cr 1,070775
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr 7,075-7,261
    Cash from Investing Activity Annual Cr -1,986-386
    Cash from Financing Annual Activity Cr -2,1483,524
    Net Cash Flow Annual Cr 2,942-4,123
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 8,8246,675
    Fixed Assets Annual Cr 966878
    Total Non Current Assets Annual Cr 00
    Total Current Assets Annual Cr 92,46982,178
    Total Assets Annual Cr 117,413107,698
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 3432
    ROE Annual % 1212
    ROCE Annual % 65
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 00
    IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 2,3142,2752,1842,1292,0251,973
    Operating Expenses Qtr Cr 780787788725678641
    Operating Profit Qtr Cr 507433483461491561
    Depreciation Qtr Cr 000000
    Interest Qtr Cr 1,4491,4001,3651,2981,2171,116
    Tax Qtr Cr 10110513013489189
    Net Profit Qtr Cr 294287305275203334
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 10,1278,045
    Operating Expenses Annual Cr 2,9792,316
    Operating Profit Annual in Cr 1,8681,508
    Depreciation Cr 9087
    Interest Annual Cr 5,2814,221
    Tax Annual Cr 459471
    Net Profit Annual Cr 1,070775
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr 7,075-7,261
    Cash from Investing Activity Annual Cr -1,986-386
    Cash from Financing Annual Activity Cr -2,1483,524
    Net Cash Flow Annual Cr 2,942-4,123
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 8,8266,675
    Fixed Assets Annual Cr 966878
    Total Non Current Assets Annual Cr 00
    Total Current Assets Annual Cr 92,46982,178
    Total Assets Annual Cr 117,412107,697
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 3432
    ROE Annual % 1212
    ROCE Annual % 65
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 00
    Invest in South Indian Bank

    South Indian Bank Technicals

    EMA & SMA

    Current Price
    ₹23.21
    -0.82 (-3.41%)
    pointer
    • Bullish Moving Average
    • ___
    • 0
    • Bearish Moving Average
    • ___
    • 16
    • 20 Day
    • ₹24.66
    • 50 Day
    • ₹25.29
    • 100 Day
    • ₹25.98
    • 200 Day
    • ₹25.82
    • 20 Day
    • ₹24.71
    • 50 Day
    • ₹25.27
    • 100 Day
    • ₹26.24
    • 200 Day
    • ₹27.54

    South Indian Bank Resistance and Support

    PIVOT
    ₹23.49
    Resistance
    First Resistance 23.92
    Second Resistance 24.64
    Third Resistance 25.07
    RSI 25.40
    MFI 26.05
    MACD Single Line -0.27
    MACD -0.38
    Support
    First Support 22.77
    Second Support 22.34
    Third Supoort 21.62

    South Indian Bank Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 19,222,334 860,583,893 44.77
    Week 14,782,437 653,531,540 44.21
    1 Month 12,096,697 521,488,625 43.11
    6 Month 25,832,371 1,083,409,635 41.94

    South Indian Bank Result Highlights

    South Indian Bank Synopsis

    NSE-Banks-Money Center

    South Indian Ban is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 8612.81 Cr. and Equity Capital is Rs. 261.59 Cr. for the Year ended 31/03/2024. South Indian Bank Ltd. is a Public Limited Listed company incorporated on 25/01/1929 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L65191KL1929PLC001017 and registration number is 001017.
    Market Cap 6,287
    Sales 10,478
    Shares in Float 261.63
    No of funds 137
    Yield 1.25
    Book Value 0.71
    U/D Vol ratio 0.6
    LTDebt / Equity 44
    Alpha -0.14
    Beta 1.35

    South Indian Bank Shareholding Pattern

    Owner NameJun-24Mar-24Dec-23Sep-23
    Promoters
    Mutual Funds 2.19%1.69%4.53%3.4%
    Insurance Companies 2.67%2.65%2.64%2.78%
    Foreign Portfolio Investors 13.44%15.17%14.68%15%
    Financial Institutions/ Banks
    Individual Investors 66.57%63.95%63.79%63.46%
    Others 15.13%16.54%14.36%15.36%

    South Indian Bank Management

    Name Designation
    Mr. V J Kurian Chairman
    Mr. P R Seshadri Managing Director & CEO
    Mr. Benny P Thomas Non Executive Director
    Mr. Paul Antony Non Executive Director
    Mrs. Lakshmi Ramakrishna Srinivas Independent Director
    Mr. M George Korah Independent Director
    Mr. Pradeep M Godbole Independent Director
    Mr. R A Sankara Narayanan Independent Director

    South Indian Bank Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    South Indian Bank Corporate Action

    Date Purpose Remarks
    2024-07-30 Others Inter alia, to consider : 1. Raising of funds by way of issuance of equity shares including but not limited through preferential issue. issue of equity shares of Re. 1/- in the ratio of 1:4 @ a premium of Rs. 21/-.
    2024-07-18 Quarterly Results
    2024-05-18 Redemption of Bonds Exercising the call option of Bank s Tier II Bond in compliance with Information Memorandum. issue of equity shares of Re. 1/- in the ratio of 1:4 @ a premium of Rs. 21/-.
    2024-05-02 Audited Results & Final Dividend
    2024-02-21 Others Inter alia, to consider and approve various matters in connection with the Rights Issue, including the specific terms of the Rights Issue, such as the determination of the Rights Issue price. issue of equity shares of Re. 1/- in the ratio of 1:4 @ a premium of Rs. 21/-.

    About South Indian Bank

    South Indian Bank, a leading private sector bank in India, takes pride in its rich history and enduring commitment to serving the community. Founded during the Swadeshi movement, the bank has played a vital role in India's financial landscape.

    Early Beginnings of South Indian Bank

    ● Established in 1929 at Thrissur, Kerala, by a group of enterprising individuals.
    ● Focused on providing a safe and reliable repository for community savings.
    ● Aimed to empower the business community by offering credit at reasonable rates, freeing them from dependence on money lenders.

    Milestones and Achievements - South Indian Bank

    ● First among private sector banks in Kerala to become a scheduled bank in 1946 under the RBI Act.

    ● Pioneered several initiatives, including opening the first:

             a. Currency Chest on behalf of RBI (1992)
             b. NRI branch (1992)
             c. Industrial Finance Branch (1993)
             d. Overseas Branch for export-import business (1993)

    South Indian Bank Today

    ● Maintains a strong presence across India with a network of branches and ATMs.
    ● Offers a comprehensive range of banking products and services for individuals, businesses, and NRIs.
    ● Committed to innovation and leveraging technology to enhance customer experience.
    ● Maintains a strong social conscience, actively participating in community development initiatives.

    South Indian Bank FAQs

    What is Share Price of South Indian Bank ?

    South Indian Bank share price is ₹23 As on 07 October, 2024 | 23:27

    What is the Market Cap of South Indian Bank ?

    The Market Cap of South Indian Bank is ₹6072.4 Cr As on 07 October, 2024 | 23:27

    What is the P/E ratio of South Indian Bank ?

    The P/E ratio of South Indian Bank is 5.2 As on 07 October, 2024 | 23:27

    What is the PB ratio of South Indian Bank ?

    The PB ratio of South Indian Bank is 0.7 As on 07 October, 2024 | 23:27

    How to Invest in South Indian Bank?

    South Indian Bank shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). To buy the shares, you'll need a demat account with a brokerage firm like 5paisa that allows trading on the relevant exchange.

    What is South Indian Bank's ROE ?

    South Indian Bank's current Return on Equity (ROE) is approximately 16.0 %. Remember, ROE is a profitability measure and can fluctuate over time.

    What Affects South Indian Bank's Share Price?

    Several factors can influence South Indian Bank's share price, including:

    ● Financial performance of the bank, including profitability and future prospects.
    ● Overall health of the Indian banking sector.
    ● Government policies and regulations impacting the banking industry.
    ● News and ratings related to South Indian Bank, including analyst opinions and investor sentiment.

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    Q2FY23

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