South Indian Bank Ltd. – Company Profile

Snapshot Data

Founded
1929

Headquarters
Thrissur, Kerala

Industry
Private Sector Banking

Market Cap
~₹11,000–12,000 Cr

Branches
950+

ATM/CRM
1,200+

Presence
26 States & 4 UTs

Employees
9,300+

Customer Base
Millions

Index Inclusion
BSE 500 & Banking Indices

*Approximate values and subject to market movements.

Management

Position	Name
Chairman	Jose Joseph Kattoor
Managing Director & CEO	P. R. Seshadri (Mahesh Pai approved as next MD & CEO)
Executive Director	Dolphy Jose
Chief Financial Officer	Vinod Francis

Financial Metrics

Metric	Value
Market Capitalisation	~₹11,000–12,000 Cr
P/E Ratio	~6–8x
Price-to-Book	~0.8–1.0x
ROE	15–17%
ROA	1.1–1.3%
Gross NPA	~3%
Net NPA	Below 1%
CRAR	Above RBI norms
Dividend Yield	~1–2%

FY2025–26 annual net profit: approximately ₹1,455 crore.

Growth Drivers

Strong South India franchise with expanding national presence.
Improving asset quality through lower NPAs.
Growth in retail, MSME and gold loans.
Increasing digital banking adoption.
Focus on CASA deposits.
Healthy capital adequacy.
Operational efficiency improvements.
Growing fee-based income.

Risks

Competition from large private banks and fintech companies.
Interest-rate fluctuations.
Economic slowdown affecting credit demand.
Regulatory changes.
Regional concentration.
Cybersecurity risks.
Potential deterioration in asset quality.

Latest News

Mahesh Pai approved as next MD & CEO.
Jose Joseph Kattoor appointed Non-Executive Part-Time Chairman.
Record FY2025–26 net profit of about ₹1,455 crore.
Board to consider Q1 FY2026–27 results and fundraising proposal.

Investment Snapshot

Factor	Rating
Business Quality	⭐⭐⭐⭐☆
Financial Strength	⭐⭐⭐⭐☆
Asset Quality	⭐⭐⭐⭐☆
Management	⭐⭐⭐⭐☆
Digital Banking	⭐⭐⭐⭐☆
Long-Term Growth	⭐⭐⭐⭐☆
Dividend	⭐⭐⭐☆☆
Risk Level	Moderate
Suitable For	Long-term investors seeking exposure to mid-sized private sector banking.

Investment View

South Indian Bank has undergone a significant turnaround driven by improving profitability, declining NPAs, stronger capital adequacy and continued digital transformation. While smaller than India's largest private banks, it has strengthened its operating performance and remains a bank to watch for long-term investors.

Disclaimer

This page is for educational purposes only and should not be considered investment advice.

🏦 South Indian Bank Ltd. – Company Profile

Company Information