South Indian Bank Limited · NSE:SOUTHBANK
South Indian Bank — The South Indian Bank — Q4 FY2025 Earnings Presentation
46 slides from South Indian Bank's earnings presentation, May 15, 2025
Slide 1: Exchange filing cover letter: Presentation to Investors and Analysts
DEPT: SECRETARIAL REF. No. : SEC/ST.EX.STT/23/2025-26 DATE : May 15, 2025 National Stock Exchange of India Ltd., BSE Ltd. Exchange Plaza, 5th Floor, Department of Corporate Services (Listing), Plot No.C/1, G Block, First Floor, New Trading Wing, Bandra-Kurla Complex, Bandra (E), Rotunda Building, P
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Slide 3: Disclaimer
Disclaimer This presentation (the "Presentation") has been prepared by The South Indian Bank Ltd., (the "Company") for informational purposes only. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctnes
Slide 4: Brief Snapshot, Key Highlights, Transformation Journey, Annexure
1 Brief Snapshot 2 About South Indian Bank – Key Highlights 3 Transformation Journey of the Bank 4 Annexure 3
Slide 5: Brief Snapshot
BRIEF SNAPSHOT
Slide 6: A Year of Transformation
A Year of Transformation Major Highlights for the Financial Year 2024-25 Highest ever NII Other Income PPOP Net Profit PCR (Incl. w/off) Rs. 3486 crore Rs. 1813 crore Rs. 2270 crore Rs. 1303 crore 85.03% Significant indicators of progress…. RoA 1.05% RoE 12.90% GNPA 3.20% NNPA 0.92% Slippage Ratio 1
Slide 7: Performance Highlights (1/2)
Performance Highlights (1/2) FY25 Rs. 87,579 Cr Rs. 1,63,270 Cr Rs. 1,07,526 Cr Rs. 104,750 Cr 31.37% Gross Advances Disbursements Deposits Retail Deposits CASA % FY24 Large Scale of Operations Rs. 80,426 Cr Rs. 95,040 Cr Rs. 101,920 Cr Rs. 97,743 Cr 32.08% Q4FY25 Rs. 342 Cr 3.21% 1.11% 13.74% Net I
Slide 8: Performance Highlights (2/2)
Performance Highlights (2/2) Q4FY25 3.20% 0.92% 85.03% 71.77% 19.31% PCR PCR GNPA NNPA CRAR (incl. w/off) (excl. w/off) Q4FY24 1.46% 79.10% 68.66% 19.91% Healthy Asset Quality 4.50% Q4FY25 948 9,369 26 / 4 98.2% Digital Branches Employees States / UTs Transactions Q4FY24 955 9,836 26 / 4 97.5% Multi
Slide 9: About South Indian Bank – Key Highlights
ABOUT SOUTH INDIAN BANK – KEY HIGHLIGHTS
Slide 10: Key Highlights
Key Highlights 1 Diversified loan book – focused on retail, MSME and high quality corporate 2 Pan India presence 3 Strong focus on Asset Quality and Collection Efficiency 4 Well distributed Deposit base with stable cost of funds 5 Focus on Digital channel to drive operating efficiency 6 Strong Manag
Slide 11: Diversified Loan Book with granularity and strong growth in disbursements
1 Diversified Loan Book with granularity and strong growth in disbursements Consistently growing loan book…. …and Disbursements Rs. Cr Rs. Cr Cumulative for the quarter 9% 84,714 86,966 87,579 1,63,270 80,426 82,580 1,22,572 95,040 76,872 33,482 Q4'FY24 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q4'FY24 Q1'FY2
Slide 12: Consistent growth momentum in retail advances continues
Consistent growth momentum in retail advances continues Mortgage Loans*# Home Loans* Personal Segment Rs. Cr Rs. Cr Rs. Cr 102% 3,814 55% 27% 7,877 21,353 22,143 22,405 19,188 17,639 5,083 1,885 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Mar'24 Mar'25 Mar'24 Mar'25 Mix of Personal Segment Auto Loans Gold Lo
Slide 13: Consistent growth momentum in advances continues
Consistent growth momentum in advances continues Healthy growth in Avg. Advances Rs. Cr 37% 83,495 86,061 80,387 82,197 78,449 74,693 71,016 72,379 67,353 69,235 62,625 63,877 Growth of 10% Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 ....increased loan disburs
Slide 14: Branch Value Added – Same Store Sales
Branch Value Added – Same Store Sales Branch Value Added – Region wise Branch Value Added 165.8% SVA (Indexed) 160.8% 151.9% 157.4% 127.8% 115.3% 114.0% 119.1% 108.3% 116.7% 100.0% 98.2% 100.0% 86.7% 103.0% 108.5% 79.9% 90.0% Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Kerala South - Ex Kerala Rest of India
Slide 15: Dominant share of A & above rated corporate loans
Dominant share of A & above rated corporate loans Corporate Loan Book Standard Large Corporate Advances (Rs. 100 Cr & Above) 24,066 Rs. Cr Rs. Cr 36,198 * Standard Large 34,956* Corporate Advances, 18,539 33,984* 33,961* 27% Others, 73% 32,084 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Mar'24 Mar'25 High sh
Slide 16: MSME Loans comprise mainly of High-Yield Portfolio
MSME Loans comprise mainly of High-Yield Portfolio Focus on MSME loans… MSME Strategic Initiatives Rs. in crore 01-Apr-24* Jun-24 Sep-24 Dec-24 Mar-25# Dedicated Vertical MSME customers relationship managed by dedicated team with Relationship Managers and Sales Managers. MSME/SME 9,958 9,691 9,443 9
Slide 17: Pan India presence with focus on diversification
2 Pan India presence with focus on diversification Diversifying Loan Book Outside Kerala Branch Network Q4’FY25 Q4’FY24 Loan Book Branches1 955 Rs. 80,426 Cr Has a network of 948 948 Branches Kerala, across India 35% Rest of India, 31% South (Ex- Q4FY24 Q4FY25 Kerala), 34% ATM / CRM 1,321 1,280 Expa
Slide 18: Strong focus on improving asset quality and collection efficiency
3 Strong focus on improving asset quality and collection efficiency Net NPA below pre- covid level …with focus on Recoveries and Upgrades Rs. Cr GNPA NNPA 1,814 1,642 6.97% 1,464 1,534 5.90% 5.14% 4.71% 4.50% 2.97% 3.20% 690 1.86% 1.46% 0.92% Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 FY21 FY22 FY23 FY24 FY
Slide 19: Well Distributed Deposit Base with focus on low cost deposits
4 Well Distributed Deposit Base with focus on low cost deposits Breakup of Deposits CASA Ratio continues to hold… Rs. Cr % Deposits Rs. Cr 107,526 31.80% 31.37% 105,451 105,387 32.06% 103,532 31.15% 33,730 101,920 32.08% 33,530 33,195 32,693 32,830 66,550 68,120 69,590 71,021 65,050 Q4'FY24 Q1'FY25
Slide 20: NRI Deposit continues to be a focus with stable Cost of Funds
NRI Deposit continues to be a focus with stable Cost of Funds Breakup of Non Resident Deposits Cost of Funds / Yield on Funds Cost Of Funds Yield on Funds Rs. Cr 7.78 7.85 7.68 7.64 7.83 4.79 4.91 4.80 4.84 4.96 Deposit Type Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 NR SB 7,042 7,120 7,178 7,424 7,480
Slide 21: Multitude of Digital Initiatives…
5 Multitude of Digital Initiatives… Taken various digital initiatives… Invest in instant FD online Personal Loan in 10 minutes Fast Lifestyles No Savings account needed End to End digital process need faster Insured by DICGC Flexible Loan amount and tenure banking 100% digital process
Slide 22: ….leading to rising digital banking….
….leading to rising digital banking….. ..leading to a rise in transactions with high digital share (000)’s Daily average Transactions through digital channel % total transactions 3,728 3,873 3,431 3,143 3,133 98.2% 98.2% 98.0% 97.8% 97.5% Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Internet Transaction Volum
Slide 23: ….creating operational efficiency
….creating operational efficiency Employee Additions Cost-to-Income Ratio (Quarterly) 64.5% Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 60.6% 58.7% -55 -66 59.8% -78 -91 52.6% -214 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Improving productivity metrics Rs. Cr Rs. Cr Business per Employee Business per Branch 20.4 1
Slide 24: Robust Track Record of Financial Performance
6 Robust Track Record of Financial Performance Total Business Gross Advances Disbursements Rs. Cr Rs. Cr Rs. Cr 87,579 1,95,104 80,426 1,63,270 1,82,346 1,63,743 72,092 1,50,957 95,040 1,42,128 61,816 59,418 54,800 24,533 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Net Inte
Slide 25: Key Areas of Focus
Key Areas of Focus Enhancing Portfolio Resilience Improving Branch Productivity Cost Optimization Growing non- branch Distribution & Leveraging Partnerships Enhancing Control / Compliance Architecture 24
Slide 26: The Way Forward – Building ‘Frictionless Processes’
The Way Forward – Building ‘Frictionless Processes’ Build out of new automated digital channels continue – Implemented Digital Initiatives GST Power Gold Loan Digitalization Micro Power Process (Live from Mar 2025) (Live from Apr 2024) (Live from Mar 2025) STP Model to manage the entire Digitalizati
Slide 27: Way Forward – Growing Non-branch Distribution & Leveraging Partnerships
Way Forward – Growing Non- branch Distribution & Leveraging Partnerships Growing Non – Branch Distribution and Leveraging Partnerships Asset Partnerships Liability Partnerships Qualified lead referral programs for Mortgage Loans Co-lending partnership Fintech Partnership- allowing NTB customers to o
Slide 28: A Transformation in Progress
A Transformation in Progress • Working towards building a ‘customer centric’ branch engaging small businesses and individuals in the neighbourhood of the branches. • 97% of Branch Heads received focused training on small businesses to enable appropriate support for these entities • Staff trained to
Slide 29: The Way Forward – Building ‘Frictionless Processes’
The Way Forward – Building ‘Frictionless Processes’ Improving Operating efficiency Significant momentum in Retail Segment 1 Home, Auto, Gold, Agriculture, CV/CE showing good traction 78:22 – Tooth to Tail Ratio 2 Further progress expected during the financial year Training/ Re-skilling of staff gath
Slide 30: Transformation Journey of the Bank
TRANSFORMATION JOURNEY OF THE BANK
Slide 31: Significant transformation of business since Sep’2020
Significant transformation of business since Sep’2020 Churned around 81% of overall loan book since Oct’ 2020 (INR Cr) (INR Cr) Sep’20 65,349 Mar’25 16,973 88% of Current GNPA is from Old 70,606 New Book book Old Book Old Book New Book Current Book 12% Old Loan Current Current Old Book Book Loan Boo
Slide 32: Annexure
ANNEXURE
Slide 33: Profit & Loss Overview (Standalone)
Profit & Loss Overview (Standalone) Particulars (Rs. In Cr) Q4-FY25 Q4-FY24 Y-o-Y (%) Q3-FY25 Q-o-Q (%) FY 2025 FY 2024 Y-o-Y (%) Net Interest Income 868 875 -1% 869 0% 3,486 3,332 5% Non-Interest Income 572 346 65% 410 40% 1,813 1,515 20% Core Fee Income 194 191 2% 188 3% 758 701 8% Treasury & Fore
Slide 34: Balance Sheet Overview (Standalone)
Balance Sheet Overview (Standalone) Particulars (Rs. In Cr) Q4 FY25 Q4 FY24 Y-o-Y (%) Q3 FY25 Q-o-Q (%) Capital & Liabilities 1,24,655 1,17,413 6% 1,20,860 3% Capital 262 262 0% 262 0% Reserves and Surplus 9,838 8,562 15% 9,474 4% Deposits 1,07,526 101,920 6% 1,05,387 2% Borrowings 4,300 3,912 10% 2
Slide 35: Key Metrics
Key Metrics Particulars Q4FY25 Q3FY25 Q2FY25 Q1FY25 Q4FY24 Q3FY24 Q2FY24 Q1FY24 Net Interest Margin (NIM) 3.21% 3.19% 3.24% 3.26% 3.38% 3.19% 3.31% 3.34% CRAR Basel III 19.31% 18.00% 18.04% 18.11% 19.91% 15.60% 16.69% 16.49% RoA* 1.11% 1.12% 1.07% 1.00% 0.98% 1.07% 0.97% 0.73% RoE* 13.74% 13.93% 13.
Slide 36: Non-Performing Assets
Non-Performing Assets GNPA & NNPA Improving Credit Quality Ever 30+ at 6 MOB* (Excl. corporate) GNPA NNPA 4.50% 4.50% 4.40% 4.30% 1.50% 1.20% 3.20% 0.90% 0.80% 0.80% 0.70% 0.43% 0.54% 0.90% 0.90% 1.46% 1.44% 1.31% 1.25% 0.92% Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 * Ev
Slide 37: Provisions
Provisions Rs. Cr Q4FY25 Q3FY25 Q2FY25 Q1FY25 Q4FY24 For NPA & NPI 234 71 148 120 41 For Standard Assets (1) 2 (7) (2) 7 For Restructured Advances/Sacrifices & (9) (6) (30) (11) (9) FITL For Unhedged Forex Exposure - (2) (1) 1 1 Others - 1 - 5 1 Taxes 117 121 116 101 105 Total Provisions 341 187 226
Slide 38: Slippages & Collection Efficiency
Slippages & Collection Efficiency Slippage Ratio Collection Efficiency 0.41 0.36 100.8% 99.9% 0.35 100.1% 100.2% 0.33 99.1% 0.24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Segment wise GNPA Segment wise Slippages Rs. Cr Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Rs. Cr New Book Ol
Slide 39: Stressed Assets
Stressed Assets Restructured Standard Assets Sectoral Break-up Rs. Cr On account of MSME 772 0% restructuring 10% 664 18% General - DCCO Extension 476 404 OTR COVID Personal Segment 317 35% OTR COVID MSME 37% OTR COVID Others Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 COVID One Time Restructuring Security R
Slide 40: Investment Book
Investment Book SLR & NON-SLR Treasury & Forex Income * Rs. in Cr Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 102 SLR 21,616 20,728 20,379 21,737 20,049 88 87 NON-SLR 3,663 2,177 1,483 1,785 1,808 Total 25,279 22,905 21,862 23,522 21,857 67 62 M Duration 89 5.18 74 72 4.69 4.81 4.48 4.60 52 60 10 13 14 15 7
Slide 41: Capital Composition
Capital Composition Risk Weighted Assets CRAR Total Capital Adequacy Ratio is well above minimum regulatory requirement of 11.50% CET 1 15.75% 17.98% Tier 1 Tier 2 19.91% 19.31% Tier 1 Tier 2 19.31% 18.00% 1.33% 1.32% 2.26% 1.33% 17.98% 18.11% 18.04% 18.00% 16.68% 1.40% 1.41% 1.32% Dec'24 Mar'25 Tot
Slide 42: Strong Management Team
Strong Management Team Mr. P R Seshadri MD & CEO, 31 years Mr. Dolphy Jose ● Bachelor’s degree in Engineering from the Delhi College of Engineering and Executive Director, 30 years a Post Graduate Diploma in Management from IIM Bangalore. ● More than 30 years of experience , MBA in General Managemen
Slide 43: Strong Management Team
Strong Management Team Mr. Senthil Kumar Ms. Chithra H SGM & Head Credit, 29 years SGM & Chief Compliance Officer, 32 years ● Management graduate with 29 years of experience in banking and finance ● Fellow member of the Institute of Chartered Accountants of India & ● 21 years of experience with ICIC
Slide 44: Strong Management Team
Strong Management Team Mr. Nehru Singh B Mr. Mohan T M GM & Head – Credit Quality Assurance, 28 years GM & Head Legal Department, 35 years ● MBA &CAIIB qualified, Has 27+ years of experience in the Banking Industry, ● B.Com, LL.B Graduate. Also completed CAIIB and CS (Inter) extensively in non-retai
Slide 45: Strong Management Team
Strong Management Team Mr. Sreekumar Chengath Mr. Vinod G GM & Head – Business Process Group, 30 years GM & Head - Data Science, 30 years • B. Tech in Computer Engineering, MBA in Banking and Finance, Certified • Masters in Business Administration, Masters in Commerce, Certified Associate of Associa
Slide 46: Thank You
THANK YOU
The South Indian Bank — Q4 FY2025 Earnings Presentation on 6ix