South Indian Bank share price today

South Indian Bank Ltd's share price was ₹55.85 at the close on 4 November 2026. It has been rising for 75 weeks. That is 26.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹36 and ₹56, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today South Indian Bank Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 10 weeks in a row.

Over the last 11 years the share price moved +304% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: foreign funds (FIIs) raised their stake for 7 quarters in a row, revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) and profit up on a year earlier for 10 quarters in a row.

1. Foreign funds (FIIs) raised their stake for 7 quarters in a row

   From 11.5% to 25.6% of the company by the September 2026 quarter.

2. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹2,796 crore, +16.2% on a year earlier.

   Why: Revenue rose because the bank made more loans, especially gold loans, which grew 41%.

   From the earnings call on 16 Oct 2026.

3. Profit up on a year earlier for 10 quarters in a row

   In the September 2026 quarter profit was ₹426 crore, +21% on a year earlier.

   Why: Profit rose because the bank earned much more net interest income, what it makes on loans minus what it pays on deposits, and operating profit, the money left after running the bank, jumped from the previous quarter.

   From the earnings call on 16 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), South Indian Bank reported total income of ₹2,796 crore, up 16.2% from ₹2,407 crore a year earlier, and a profit of ₹426 crore, up 21.0% from ₹352 crore.

South Indian Bank results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

South Indian Bank's management discussed these results on a call held on 16 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

South Indian Bank closed at ₹55.85 on 4 November 2026, up 43.0% from ₹39.06 a year earlier (7 November 2025) and up 539.7% over five years. Its highest weekly close since February 2016 was ₹55.85 on 4 November 2026.

South Indian Bank share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

566 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: South Indian Bank closed at ₹55.85, up 0.6% on the week and up 17.7% on the month. 16 Oct 2026: South Indian Bank held its results call for July to September 2026. Management guided: FY27 loans and deposits: 15%-16% growth, preferring the upper end or approximately 16% and at least market growth.

Earlier

• Results for July to September 2026: Total income up 16.2% and profit up 21.0% on a year earlier.
• 13 Aug 2026: ex-date for a dividend of ₹0.45 a share.
• Our read, 19 Jul 2026: The asset-quality recovery is real and multi-quarter: GNPA fell eight consecutive quarters from 4.96% (Sep 2023) to 1.38% (Jun 2026) through both genuine recoveries and fully-provisioned technical write-offs, with net NPA down to 0.26%. NIM recovered from a 2.80% trough to 3.23% through deposit repricing, 40-60 basis points reduction on high-cost deposits maturing in H1 FY27 and deliberate 50% reduction in bulk deposits.

Our read of the business

The asset-quality recovery is real and multi-quarter: GNPA fell eight consecutive quarters from 4.96% (Sep 2023) to 1.38% (Jun 2026) through both genuine recoveries and fully-provisioned technical write-offs, with net NPA down to 0.26%. NIM recovered from a 2.80% trough to 3.23% through deposit repricing, 40-60 basis points reduction on high-cost deposits maturing in H1 FY27 and deliberate 50% reduction in bulk deposits.

April to June 2026: NIM 3.23% on deposit repricing; GNPA 1.38%, eight-quarter low; profit 378 crore up 17% year-on-year.

Our read after the April to June 2026 results, written 19 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

South Indian Bank paid ₹0.45 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.81% at the ₹55.85 close on 4 November 2026. The last was a dividend of ₹0.45 a share, ex-date 13 August 2026.

South Indian Bank dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. South Indian Bank Ltd paid out 8% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 16 October 2026, South Indian Bank's management guided: FY27 loans and deposits: 15%-16% growth, preferring the upper end or approximately 16% and at least market growth.

“We will not change the structure or strategy. The only point is that wherever small adjustments are required, we will make them.”Mahesh Muralidhar Pai, on the call for July to September 2026

What management guided

• NIM: 336-338 basis points near term and 345-350 basis points over four quarters; treasury mark-to-market sensitivity ₹1.0-1.1 crore per basis point.
• ROA: 120-125 basis points within a year, 125-130 basis points medium term and 150 basis points long term.
• Portfolio mix: corporate about 35% and RAM 65%; gold share initially 30%-32%, with 35% as a first-phase aim; gold, business/MSME, then personal loans prioritized.
• Opex growth below loan growth; cost-to-income moving toward 50%; deposit renewals expected to reprice lower without substantial impact over the next two quarters.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 16 October 2026.

The changes showing up in South Indian Bank's own numbers are fewer bad loans. It is too early to say whether they last.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to April to June 2026, 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

Rate cycle reverses further downward before remaining high-cost book reprices, T+1 repo pass-through makes any rate cut directly compress NIM ahead of deposit repricing benefits.

Each change stops working if

• : Rate cycle reverses further downward before remaining high-cost book reprices, T+1 repo pass-through makes any rate cut directly compress NIM ahead of deposit repricing benefits.
• : Slippages exceed 1000 crore for the year, particularly from the MSME book if West Asia credit stress materializes in the Kerala/Gulf-dependent customer base, reversing the credit-cost tailwind.
• : RBI extends gold loan regulatory restrictions beyond the April 2026 co-lending circular, the gold book at 24% of advances is the single fastest-growing margin contributor, and one adverse regulatory action removes the mechanism.

The main risks

• : Gold loan concentration at 24% of advances, above the 20% prudential limit management flagged in October 2025, and an adverse April 2026 RBI circular already trimmed co-lending. ✓ fact
• : Three management guidance reversals in two consecutive calls limit forecast reliability for the transition quarter. ✓ fact

Our read after the April to June 2026 results, written 19 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When South Indian Bank reports October to December 2026, these are the 5 checks that show whether the story is still on course. First: Slippage ratio stays at or below about 15 basis points and credit cost below 15 basis points in July to September 2026, while the ₹80 crore rise in early-stress loans reverses as management claims.

South Indian Bank is on 5 of our India lists: Momentum stocks, 52 week high & low, Small & mid cap stocks, Penny stocks and Bank stocks.

South Indian Bank Ltd earned ₹426 Cr of net profit in the Sep 2026 quarter, +21.0% on the same quarter a year earlier. That is the 10th quarter in a row of profit growth. Full-year FY26 profit was ₹1,456 Cr. Over 10 years profit has grown 15.9% a year on average. That is 15.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹352 Cr.

For the full year, FY26 profit was ₹1,456 Cr (+11.7% on the year before).

Why profit moved: revenue changed +16.2% on a year earlier and the margin moved +0.6 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +16.7% and revenue +10.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY27-Q1. revenue ₹2,628 Cr and profit ₹378 Cr as reported.

FY27-Q2. revenue ₹2,796 Cr and profit ₹426 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

South Indian Bank Ltd reported ₹2,796 Cr of income in the Sep 2026 quarter, +16.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 5.9% a year on average. The last full year, FY26, came in at ₹9,846 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

The last four reported quarters add to ₹10,501 Cr.

FY26 revenue was ₹9,846 Cr, +4.6% on the year before.

Recent pace: the last four quarters grew +10.4% on average, against 5.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +10.4%, against +7.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +16.7%, against +14.4% a year (stabilising).

FY27-Q1. revenue ₹2,628 Cr and profit ₹378 Cr as reported.

FY27-Q2. revenue ₹2,796 Cr and profit ₹426 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

South Indian Bank Ltd's net margin was 15.2% in the Sep 2026 quarter, 0.6 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 0.7% and 14.8%. The latest quarter is above every full year in that period.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why this happened. Deposit repricing completing: high-cost liabilities contracted in FY24-25 are rolling to current rates, reducing funding costs by 40-60 basis points

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

FY27-Q1. revenue ₹2,628 Cr and profit ₹378 Cr as reported.

FY27-Q2. revenue ₹2,796 Cr and profit ₹426 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

South Indian Bank Ltd's gross NPA, the share of loans that have stopped being repaid, is 2.67% in Dec 2025, down from 4.30% a year ago. After the money already set aside for bad loans, 0.45% is left (net NPA). That is the 8th quarter in a row of improvement.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why this happened. GNPA contracted from 4.96% to 1.38% across eight quarters, with technical write-offs of 1163 crore in FY26 fully provisioned. Annual slippages guided at 500-800 crore versus recoveries 800-1000 crore, implying net NPA continues falling. This releases the credit-cost budget that provisioned the legacy book, directly accreting PAT. FY22 credit costs absorbed nearly all PAT at the depth of the cycle; FY27 credit cost at 9 basis points signals that the burden has been eliminated.

Across the 9 quarters on file it has been between 2.67% and 4.74%. Falling bad loans mean the loan book is healing; rising ones mean new damage.

In Dec 2025, gross NPA was 2.67% and net NPA 0.45%, against 4.30% and 1.25% a year ago.

The bad-loan figures stop at Dec 2025, and our data does not yet carry gross and net NPA for the quarters after it, although results up to Sep 2026 are in. They are shown as filed, not estimated.

In short: a lender's profit growth is only as good as its loans, and this loan book is healing, several quarters running. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up.

Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown.

South Indian Bank Ltd's revenue was ₹9,846 Cr in FY26, +4.6% on the year before, so the loan book is growing. The latest quarter was +16.2% on a year earlier. The net margin on that income is 15.2%, +0.6 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Why this happened. Management confirmed retail and MSME spreads are 3-4x higher than corporate counterparties per. Gold loans grew 43% year-on-year to 24,930 crore; mortgages +34%, auto +34%, MSME +18%. The corporate book at 40% of advances versus a 30% goal provides 10 percentage points of runway for mix improvement. As corporate loans roll off, each reinvestment into retail or MSME improves the blended spread.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

South Indian Bank Ltd's P/BV is 1.2×, about the highest it has ever been. Its usual P/BV (the middle reading) is 0.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.