The South Indian Bank Limited

Company Profile

The South Indian Bank Limited had its IPO on under the ticker symbol SOUTHBANK.

The company operates in the Financial Services sector and Banks-Regional industry. The South Indian Bank Limited has a staff strength of 13,092 employees.

Stock update

Shares of The South Indian Bank Limited opened at ₹24.3 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹22.52 - ₹24.35, and closed at ₹22.84.

This is a -5.42% slip from the previous day's closing price.

A total volume of 14,260,559 shares were traded at the close of the day’s session.

In the last one week, shares of The South Indian Bank Limited have slipped by -5.62%.

The South Indian Bank Limited's Key Ratios

The South Indian Bank Limited has a market cap of ₹49.16 billion, indicating a price to book ratio of 0.608 and a price to sales ratio of 1.1434.

In the last 12-months The South Indian Bank Limited’s revenue was ₹36.84 billion with a gross profit of ₹33.60 billion and an EBITDA of ₹0. The EBITDA ratio measures The South Indian Bank Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, The South Indian Bank Limited’s operating margin was 33.19% while its return on assets stood at 0.75% with a return of equity of 13.55%.

In Q2, The South Indian Bank Limited’s quarterly earnings growth was a positive 76.4% while revenue growth was a positive 36.6%.

The South Indian Bank Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

5.8433

PEG

Its diluted EPS in the last 12-months stands at ₹4.02 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into The South Indian Bank Limited’s profitability.

The South Indian Bank Limited stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.1434.

The South Indian Bank Limited stock pays annual dividends of ₹0 per share, indicating a yield of 1.28% and a payout ratio of 7.28%.

Balance sheet and cash flow metrics

Total Assets

₹1,105.40 billion

Total Liabilities

₹0

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

7.28%

The South Indian Bank Limited ended 2024 with ₹1,105.40 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹1,105.40 billion while shareholder equity stood at ₹68.77 billion.

The South Indian Bank Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹0 in other current liabilities, in common stock, ₹0 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹68.01 billion and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.

The South Indian Bank Limited’s total current assets stands at ₹0 while long-term investments were ₹259.31 billion and short-term investments were ₹0. Its net receivables were ₹0 compared to accounts payable of ₹0 and inventory worth ₹0.

In 2024, The South Indian Bank Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, The South Indian Bank Limited paid ₹0.07 in dividends in 2024.

Other key metrics

Current Trading Price

₹22.84

52-Week High

₹25.35

52-Week Low

₹7.9951

Analyst Target Price

₹

The South Indian Bank Limited stock is currently trading at ₹22.84 per share. It touched a 52-week high of ₹25.35 and a 52-week low of ₹25.35. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹21.63 and 200-day moving average was ₹18.28 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 483.1% of the company’s stock are held by insiders while 1392.2% are held by institutions.