South Indian Bank Stock Price Analysis and Quick Research Report. Is South Indian Bank an attractive stock to invest in?

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how South Indian Bank is performing and if it is the right time to buy the stock of South Indian Bank with detailed analysis.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. South Indian Bank has earned Rs 9413.3104 Cr. revenue in the latest financial year. South Indian Bank has posted decent revenue growth of 12.6404957794441% in last 3 Years.

• In terms of advances, South Indian Bank reported 9.7635% YOY,  rise . If you see 3 years advance growth, it stands at 12.6148096949613%.

• Currently, South Indian Bank has a CASA ratio of 31.369%. It’s overall cost of liability stands at 5.3008 %. Also, the total deposits from these accounts stood at Rs 107525.6011 Cr.

• South Indian Bank has a average ROA track record. The ROA of South Indian Bank is at 1.0765%.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA of South Indian Bank stood at 3.2% and 0.92% respectively as on the latest financial year.

• One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 51.4215557402633% which means it has increased from the previous year.

• Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of South Indian Bank surged and is currently at Rs 1813.4291 Cr.

• South Indian Bank has a Good Capital Adequacy Ratio of 19.31 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently South Indian Bank is trading at a P/B of 0.9432 . The historical average PB was 0.48654407790657.

One can find all the Financial Ratios of South Indian Bank in Ticker for free. Also, one can get the intrinsic value of South Indian Bank by using Valuation Calculators, which are available with a Finology ONE subscription. 

South Indian Bank FAQs

Q1. What is South Indian Bank share price today?
Ans: The current share price of South Indian Bank is Rs 38.32.

Q2. What is the market capitalisation of South Indian Bank?
Ans: South Indian Bank has a market capitalisation of Rs 10028.934844584 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of South Indian Bank?
Ans: The PE ratio of South Indian Bank is 7.38841222404319 and the P/B ratio of South Indian Bank is 0.942955150572614, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of South Indian Bank share?
Ans: The 52-week high share price of South Indian Bank is Rs 41.65, and the 52-week low share price of South Indian Bank is Rs 22.3.

Q5. Does South Indian Bank pay dividends?
Ans: Currently, South Indian Bank pays dividends. Dividend yield of South Indian Bank is around 1.0452%.

Q6. What are the face value and book value of South Indian Bank shares?
Ans: The face value of South Indian Bank shares is Rs 1, while the book value per share of South Indian Bank is around Rs 40.6382. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What are the ROE and ROCE of South Indian Bank?
Ans: The ROE of South Indian Bank is 13.7701% and ROCE of South Indian Bank is 14.7313%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q8. Is South Indian Bank a good buy for the long term?
Ans: The South Indian Bank long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q9. Is South Indian Bank undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the South Indian Bank appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q10. How to check South Indian Bank’s financials?
Ans: You can review South Indian Bank’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.