The South Indian Bank Limited (SOUTHBANK) Financial Results — Revenue ₹1,025 Cr

1 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

Investor Takeaways

Net profit rose 17.29% YoY to ₹377.63 crores in Q1 FY2026-27

Gross NPA improved to 1.38% from 3.15% and NNPA to 0.26% from 0.68%

Gross advances grew 17.01% YoY to ₹1,04,368 crores

Retail deposits increased 13.66% YoY to ₹1,24,306 crores

CASA ratio improved to 32.98% of total deposits

Gold loans grew 42.90% YoY and mortgage loans 78.65% YoY

⚠️ Rising other income volatility and high provision volatility warrant monitoring of future earnings stability

Overall Tone: Positive

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹1025 Cr	N/A
Net Profit	₹377.63 Cr	+17.29%
EBITDA	Not available	N/A
EPS	Not available	N/A
OPM	Not available	N/A

What Changed

The filing highlights robust profitability and asset quality improvements in Q1 FY2026-27. Net profit increased 17.29% YoY to ₹377.63 crores, driven by a 23.05% rise in net interest income to ₹1,025 crores. Gross advances expanded 17.01% YoY to ₹1,04,368 crores, with retail deposits growing 13.66% to ₹1,24,306 crores. The bank demonstrated strong credit quality, with Gross NPA declining to 1.38% from 3.15% and NNPA to 0.26% from 0.68%. Gold loans and mortgage loans grew 42.90% and 78.65% YoY respectively, reflecting strategic focus on quality credit expansion. The bank emphasized sustaining profitability, asset quality, and digital transformation, targeting continued quality credit growth and low-risk advance onboarding.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
The South Indian Bank Limited (SOUTHBANK)	6.98	Not available	Not available	10,164.11
HDFC Bank Limited (HDFCBANK)	15.5	14.3%	24.4%	1,18,1607.38
ICICI Bank Limited (ICICIBANK)	15.47	N/A%	N/A%	8,92,242
State Bank of India (SBIN)	10.44	N/A%	N/A%	8,89,093.09

The bank trades at a significant discount to peers on P/E ratio (6.98 vs 10.44–15.5), though peer ROE and ROCE data are not available for direct comparison.

Risks & Concerns

Rising other income volatility and high provision volatility warrant monitoring of future earnings stability

⚠️ No specific risks identified beyond mentioned volatility factors

Quarterly Trend

[Not available in provided data. Quarterly trend section omitted as per instructions.]

2 Financial Results 🔴 High Importance Neutral 📄 PDF

📢 Key Event
South Indian Bank Q1FY27 results show 17% YoY advance growth and improved asset quality metrics.

🔄 What Changed
17% YoY growth in gross advances; net NPA reduced to 0.26%; PCR increased to 94.51%; digital transactions reached 98.7%.

💡 Investor Takeaway
The bank is growing its loan book efficiently with strong digital adoption and improving asset quality, supporting sustainable profitability.

South Indian Bank reported a 17% YoY rise in gross advances to ₹104,368 crores for Q1FY27, with net interest margin at 3.23%, return on assets of 1.05%, and return on equity of 12.84%. Gross NPA stood at 1.38% and net NPA at 0.26%, while PCR including write-offs was 94.51%. The bank emphasized digital growth, with 98.7% of transactions digital and MSME loans comprising 40% of the portfolio.

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About The South Indian Bank Limited (SOUTHBANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹10,164.11 Cr P/E: 7.0

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🔥 Also filed on 16 July 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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