The South Indian Bank Limited — PPTs, 15-01-2026: Investor Presentation

South Indian Bank reported a strong Q3FY26, with Profit After Tax up 9% YoY to Rs 374 crore. For the nine months, PAT also grew 9% to Rs 1,048 crore. Gross Advances increased 11.3% YoY to Rs 96,764 crore, and Deposits grew 12% to Rs 118,211 crore. Asset quality showed significant improvement, with GNPA at 2.67% (down from 4.30% YoY) and NNPA at 0.45% (down from 1.25% YoY), alongside a strong Provision Coverage Ratio of 91.57%.

The bank's strategy is centered on shifting its loan book towards MSME and Retail segments, which now comprise about 60%, with disbursements in these areas growing 45% and 60% YoY respectively. Digital transformation drives efficiency, with 98.49% digital transactions and a reduced Cost-to-Income ratio of 57.2%. Recent developments include continuous enhancements to its Mirror+ app and the adoption of AI/ML tools for operations.

Management is focused on enhancing portfolio resilience, improving branch productivity, and cost optimization. The bank has churned 85% of its loan book since Oct’2020, with the new book demonstrating a low GNPA of 0.49%. EPS for the quarter was Rs 5.3 and Book Value per Share Rs 42.1.