South Indian Bank Limited · NSE:SOUTHBANK
South Indian Bank — The South Indian Bank — Q1 FY2025-26 Earnings Presentation
44 slides from South Indian Bank's earnings presentation, Jul 17, 2025
Slide 1: Exchange filing cover letter: Presentation to Investors and Analysts
DEPT: SECRETARIAL REF. No. : SEC/ST.EX.STT/63/2025-26 DATE : July 17, 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
Slide 2: Investor Presentation Q1 FY 2025-26
Innovating for you, growing with you. 2020 0) 1970, < “ e li cami Investor Presentation —————— Q1 FY 2025-26 a 4 }
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: Performance Highlights (1/2)
Performance Highlights (1/2) Q1FY26 Rs. 89,198 Cr Rs. 52,305 Cr Rs. 112,922 Cr Rs. 109,368 Cr 32.06% Gross Advances Disbursements Deposits Retail Deposits CASA % Q1FY25 Large Scale of Operations Rs. 82,580 Cr Rs. 33,482 Cr Rs. 103,532 Cr Rs. 99,745 Cr 32.06% Q1FY26 Rs. 322 Cr 3.03% 1.01% 12.41% Net
Slide 7: Performance Highlights (2/2)
Performance Highlights (2/2) Q1FY26 3.15% 0.68% 88.82% 78.93% 19.48% PCR PCR GNPA NNPA CRAR (incl. w/off) (excl. w/off) Q1FY25 1.44% 79.22% 69.05% 18.11% Healthy Asset Quality 4.50% Q1FY26 948 9,253 26 / 4 98.33% Digital Branches Employees States / UTs Transactions Q1FY25 955 9,728 26 / 4 97.79% Mul
Slide 8: About South Indian Bank – Key Highlights
ABOUT SOUTH INDIAN BANK – KEY HIGHLIGHTS
Slide 9: 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 10: 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 8% 89,198 1,63,270 84,714 86,966 87,579 82,580 1,22,572 76,872 52,305 33,482 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q1'FY25 Q2'FY2
Slide 11: Consistent growth momentum in retail advances continues
Consistent growth momentum in retail advances continues Mortgage Loan# Home Loans* Personal Segment Rs. Cr Rs. Cr Rs. Cr 3,370 66% -3% 3,278 8,518 26% 24,222 21,353 22,143 22,405 19,188 5,138 Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 Jun'24 Jun'25 Jun'24 Jun'25 Mix of Personal Segment Auto Loans Gold (Incl
Slide 12: Consistent growth momentum in advances continues
Consistent growth momentum in advances continues Healthy growth in Avg. Advances Rs. Cr 36% 83,495 86,061 84,945 80,387 82,197 78,449 74,693 71,016 72,379 67,353 69,235 62,625 63,877 Growth of 6% Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 ....increased
Slide 13: Branch Value Added – Same Store Sales
Branch Value Added – Same Store Sales Branch Value Added Branch Value Added – Region wise 176% 190% 164% 169% SVA (Indexed) 123% 150% 137% 98% 106% 104% 159% 160% 100% 101% 96% 72% 110% 100% 104% 93% Q4 FY2024 Q1 FY2025 Q2 FY2025 Q3 FY2025 Q4 FY2025 Q1 FY 2026 Kerala South - Ex Kerala Rest of India
Slide 14: 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) 25,629 Rs. Cr Rs. Cr 37,110 Standard Large 36,198 18,550 Corporate Advances, 29% 34,956 Others, 71% 33,984 33,961 Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 Jun'24 Jun'25 High share o
Slide 15: 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 Jun-24 Sep-24 Dec-24 Mar-25# Jun-25 Dedicated Vertical MSME customers relationship managed by dedicated team with Relationship Managers and Sales Managers. MSME/SME 9,691 9,443 9,317 9,698
Slide 16: Pan India presence with focus on diversification
2 Pan India presence with focus on diversification Diversifying Loan Book Outside Kerala Branch Network Q1’FY26 Q1’FY25 Loan Book Branches1 955 Rs. 82,580 Cr Has a network of 948 948 Branches Kerala, across India 34% Rest of India, 33% Q1FY25 Q1FY26 South (Ex- Kerala), 33% ATM / CRM 1,298 1,274 Expa
Slide 17: 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% 3.15% 690 1.86% 1.46% 0.92% 0.68% 255 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-25
Slide 18: 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 112,922 107,526 32.06% 32.06% 105,451 105,387 103,532 31.80% 31.37% 36,204 31.15% 33,195 33,530 33,730 32,830 73,164 66,550 68,120 69,590 71,021 Q1'FY25 Q2'FY25
Slide 19: 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 7.85 7.68 7.64 7.83 7.44 4.91 4.80 4.84 4.96 4.82 Deposit Type Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 NR SB 7,120 7,178 7,424 7,480 7,728
Slide 20: Multitude of Digital Initiatives…
5 Multitude of Digital Initiatives… Driving customer empowerment through continuous digital transformation… UPI linked credit line enabling seamless P2M Digital auto loan financing through payments, expanding our credit base by tapping into integration with Maruti Suzuki MSSF everyday consumer trans
Slide 21: ….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 3,835 3,728 3,873 3,431 3,133 98.3% 98.2% 98.2% 98.0% 97.8% Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 Internet Transaction Volum
Slide 22: ….creating operational efficiency
….creating operational efficiency Employee Additions Cost-to-Income Ratio (Quarterly) Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 60.6% 58.7% 59.8% -55 -66 -78 52.6% 53.8% -101 -214 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Improving productivity metrics Rs. Cr Rs. Cr Business per Employee Business per Branch 21.3
Slide 23: Robust Track Record of Financial Performance
6 Robust Track Record of Financial Performance Total Business Gross Advances Disbursements Rs. Cr Rs. Cr Rs. Cr 1,95,104 2,02,119 87,579 89,198 1,63,270 1,82,346 80,426 1,63,743 1,50,957 72,092 1,42,128 95,040 59,418 61,816 54,800 52,305 24,533 FY21 FY22 FY23 FY24 FY25 Jun-25 FY21 FY22 FY23 FY24 FY2
Slide 24: 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 23
Slide 25: 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 26: 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 27: The Way Forward – Building 'Frictionless Processes'
The Way Forward – Building ‘Frictionless Processes’ Improving Operating efficiency Significant momentum in Retail Segment 1 Home, Auto, Gold, CV/CE showing good traction 77:23 – Tooth to Tail Ratio 2 Further progress expected during the financial year Training/ Re-skilling of staff gathering pace 3
Slide 28: Transformation Journey of the Bank
TRANSFORMATION JOURNEY OF THE BANK
Slide 29: 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 Jun’25 16,572 88% of Current GNPA is from Old 72,627 New Book book Old Book New Book Old Book Current Book 12% Old Loan Current Current Old Book 88% Book Loan
Slide 30: Annexure
ANNEXURE
Slide 31: Profit & Loss Overview (Standalone)
Profit & Loss Overview (Standalone) Particulars (Rs. In Cr) Q1-FY26 Q1-FY25 Y-o-Y (%) Q4-FY25 Q-o-Q (%) Net Interest Income 832 866 (4%) 868 (4%) Non-Interest Income 622 422 47% 572 9% Core Fee Income 188 187 1% 194 (3%) Treasury & Forex 256 27 848% 81 216% Other 178 208 (14%) 297 (40%) Total Income
Slide 32: Balance Sheet Overview (Standalone)
Balance Sheet Overview (Standalone) Particulars (Rs. In Cr) Q1 FY26 Q1 FY25 Y-o-Y (%) Q4 FY25 Q-o-Q (%) Capital & Liabilities 1,27,770 1,17,988 8% 1,24,655 2% Capital 262 262 0% 262 0% Reserves and Surplus 10,142 8,892 14% 9,838 3% Deposits 1,12,922 103,532 9% 1,07,526 5% Borrowings 1,728 2,957 (42%
Slide 33: Key Metrics
Key Metrics Particulars Q1FY26 Q4FY25 Q3FY25 Q2FY25 Q1FY25 Net Interest Margin (NIM) 3.03% 3.21% 3.19% 3.24% 3.26% CRAR Basel III 19.48% 19.31% 18.00% 18.04% 18.11% RoA* 1.01% 1.11% 1.12% 1.07% 1.00% RoE* 12.41% 13.74% 13.93% 13.71% 12.90% Provision Coverage 88.82% 85.03% 81.07% 80.72% 79.22% CASA 3
Slide 34: Non-Performing Assets
Non-Performing Assets GNPA & NNPA Improving Credit Quality Ever 30+ at 6 MOB* (Excl. corporate) GNPA NNPA 4.50% 4.40% 4.30% 1.50% 1.20% 0.90% 0.80% 3.20% 3.15% 0.70% 0.80% 0.43% 0.54% 0.54% 0.90% 0.90% 1.44% 1.31% 1.25% 0.92% 0.68% Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY2
Slide 35: Provisions
Provisions Rs. Cr Q1FY26 Q4FY25 Q3FY25 Q2FY25 Q1FY25 For NPA & NPI 249 234 71 148 120 For Standard Assets (5) (1) 2 (7) (2) For Restructured Advances/Sacrifices & (6) (9) (6) (30) (11) FITL For Unhedged Forex Exposure - - (2) (1) 1 Others 1 - 1 - 5 Taxes 111 117 121 116 101 Total Provisions 350 341
Slide 36: Slippages & Collection Efficiency
Slippages & Collection Efficiency Slippage Ratio Collection Efficiency 0.41 100.4% 0.36 100.2% 100.8% 0.33 99.9% 99.1% 0.24 0.20 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Segment wise GNPA Segment wise Slippages Rs. Cr Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Rs. Cr New Book Ol
Slide 37: Stressed Assets
Stressed Assets Restructured Standard Assets Sectoral Break-up Rs. Cr 664 On account of MSME 0% restructuring 10% 476 20% 404 General - DCCO Extension 317 277 OTR COVID Personal Segment 38% OTR COVID MSME 32% OTR COVID Others Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 COVID One Time Restructuring Security R
Slide 38: Investment Book
Investment Book SLR & NON-SLR Treasury & Forex Income * Rs. in Cr Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 256 SLR 20,728 20,379 21,737 20,049 22,181 NON-SLR 2,177 1,483 1,785 1,808 1,731 Total 22,905 21,862 23,522 21,857 23,912 M Duration 241 5.18 5.37 102 4.69 4.81 88 87 4.60 67 89 74 72 60 7 13 14 15 1
Slide 39: Capital Composition
Capital Composition Risk Weighted Assets CRAR Total Capital Adequacy Ratio is well above minimum regulatory requirement of 11.50% CET 1 17.98% 18.25% Tier 1 Tier 2 19.48% 19.31% 19.31% 19.48% Tier 1 Tier 2 1.33% 1.23% 1.23% 1.33% 18.11% 18.25% 18.04% 18.00% 17.98% 1.40% 1.41% 1.32% Mar'25 Jun'25 Tot
Slide 40: 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, 31 years a Post Graduate Diploma in Management from IIM Bangalore. ● More than 31 years of experience , MBA in General Managemen
Slide 41: Strong Management Team
Strong Management Team Mr. Sony A SGM & CIO, 33 years ● Certified Information Systems Auditor from ISACA, USA and MBA. Over 29 years of experience in banking technology. Instrumental in setting up key systems like Business Process. ● Management tools, CRM systems, Treasury & Risk Management. Leads t
Slide 42: Strong Management Team
Strong Management Team Mr. Nandakumar G SGM & Chief of Internal Vigilance, 33 years ● Associated with SIB for more than 29 years. Head of Inspection and Vigilance ● Vast experience across business functions like Branch/RO management, Retail Banking including Bancassurance and Marketing. Headed three
Slide 43: Strong Management Team
Strong Management Team Mr. Shibu K Thomas GM - IT, 25 years ● Bachelors Degree in Engineering with certification in cyber security ● Experienced IT and cyber security professional with more than 25 years of combined IT/cyber security experience. Mr. Jimmy Mathew GM & Company Secretary, 19 years ● B.
Slide 44: Thank You
THANK YOU
The South Indian Bank — Q1 FY2025-26 Earnings Presentation on 6ix