South Indian Bank Limited · NSE:SOUTHBANK
South Indian Bank — The South Indian Bank — Q2 FY2025-26 Earnings Presentation
46 slides from South Indian Bank's earnings presentation, Oct 16, 2025
Slide 1: Exchange cover letter: Presentation to Investors and Analysts
DEPT: SECRETARIAL REF. No.: SEC/ST.EX.STT/123/2025-26 DATE : October 16, 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
Slide 2: Investor Presentation Q2 FY 2025-26
ZB Zo ZINDIAN Bank EXPERIENCE NEXT- -GEN BANKING Where your growth meets our vision. Investing in Relationships since 1929 IYO MA Investor Presentation Q2 FY 2025-26
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: Agenda
1 Brief Snapshot 2 About South Indian Bank – Key Highlights 3 Transformation Journey of the Bank 4 Annexure 3
Slide 5: Key Highlights
Key Highlights 1 Portfolio quality continues to hold 2 Shift from Corporate to MSME and Retail, gathers momentum 3 Material increase in branch productivity 4 Significant improvement in processes and systems 5 Focus on digital channel to drive operating efficiency 4
Slide 6: Brief Snapshot
BRIEF SNAPSHOT
Slide 7: Performance Highlights (1/2)
Performance Highlights (1/2) Q2FY26 Rs. 92,286 Cr Rs. 105,025 Cr Rs. 115,635 Cr Rs. 112,625 Cr 31.86% Gross Advances Disbursements Deposits Retail Deposits CASA % Q2FY25 Large Scale of Operations Rs. 84,714 Cr Rs. 76,872 Cr Rs. 105,451 Cr Rs. 101,651 Cr 31.80% Q2FY26 Rs. 351 Cr 2.80% 1.02% 13.11% Ne
Slide 8: Performance Highlights (2/2)
Performance Highlights (2/2) Q2FY26 2.93% 0.56% 90.25% 81.29% 17.70% PCR PCR GNPA NNPA CRAR (incl. w/off) (excl. w/off) Q2FY25 1.31% 80.72% 71.24% 18.04% Healthy Asset Quality 4.40% Q2FY26 948 9,242 26 / 4 98.44% Digital Branches Employees States / UTs Transactions Q2FY25 955 9,667 26 / 4 97.96% Mul
Slide 9: About South Indian Bank – Key Highlights
ABOUT SOUTH INDIAN BANK – KEY HIGHLIGHTS
Slide 10: SIB's Strengths
SIB’s Strengths 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 Mana
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% 92,286 86,966 87,579 89,198 84,714 1,63,270 1,22,572 1,05,025 76,872 52,305 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q2'FY25 Q3'F
Slide 12: Consistent growth momentum in retail advances continues
Consistent growth momentum in retail advances continues Mortgage Loan* Home Loans* Personal Segment 3,929 Rs. Cr Rs. Cr 9% 25% 8,849 Rs. Cr 22% 26,155 3,591 7,072 24,222 21,353 22,143 22,405 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Sep'25 Sep'24 Sep'25 Mix of Personal Segment Auto Loans Gold (Incl
Slide 13: Consistent growth momentum in advances continues
Consistent growth momentum in advances continues Healthy growth in Avg. Advances Rs. Cr 39% 83,495 86,061 84,945 86,876 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 Q2FY26
Slide 14: Branch Value Added – Same Store Sales
Branch Value Added – Same Store Sales Branch Value Added Branch Value Added – Region wise 276% 202% 219% Branch Sales Value Added (Indexed) 166% 173% 202% 219% 134% 131% 158% 119% 109% 130% 153% 144% 100% 130% 169% 113% 121% 159% 99% 131% 129% 108% 100% Q4 FY2024 Q1 FY2025 Q2 FY2025 Q3 FY2025 Q4 FY2
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) 25,341 Rs. Cr Rs. Cr 37,110 37,008 21,163 36,198 Standard Large Corporate Advances, 34,956 27% 33,961 Others, 73% Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Sep'25 High share o
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 Sep-24 Dec-24 Mar-25# Jun-25 Sep-25 Dedicated Vertical MSME customers relationship managed by dedicated team with Relationship Managers and Sales Managers. MSME/SME 9,443 9,317 9,698 9,700
Slide 17: Pan India presence with focus on diversification
2 Pan India presence with focus on diversification Diversifying Loan Book Outside Kerala Branch Network Q2’FY26 Loan Book Branches1 Q2’FY25 Rs. 84,714 Cr 955 Has a network of 948 948 Branches Kerala, 33% across India Rest of India, 34% South (Ex- Q2FY25 Q2FY26 Kerala), 33% ATM / CRM 1,285 1,269 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% 2.93% 690 606 1.86% 1.46% 0.92% 0.56% Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Sep-25
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 115,635 112,922 107,526 32.06% 31.86% 105,451 105,387 36,204 36,841 31.80% 31.37% 31.15% 33,530 33,730 32,830 73,164 75,784 68,120 69,590 71,021 Q2'FY25 Q3'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 7.68 7.64 7.83 7.44 7.13 4.80 4.84 4.96 4.82 4.74 Deposit Type Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 NR SB 7,178 7,424 7,480 7,728 8,143
Slide 21: Multitude of Digital Initiatives…
5 Multitude of Digital Initiatives… Driving customer empowerment REGISTRATIONS 3.4 Million+ through continuous digital transformation ACTIVE USERS 1.2 Million+ Customer Satisfaction Survey– platform to create, distribute & New Website with revamped look & UPI integration with GST portal– an feel to
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 4,121 3,728 3,873 3,835 3,431 98.4% 98.3% 98.2% 98.2% 98.0% Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Internet Transaction Volum
Slide 23: ….creating operational efficiency
….creating operational efficiency Employee Additions Cost-to-Income Ratio (Quarterly) Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 58.7% 59.8% -7 52.6% -55 59.6% -66 53.8% -101 -214 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Improving productivity metrics Rs. Cr Rs. Cr Business per Employee Business per Branch 21.6 2
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 2,07,921 1,95,104 92,286 1,63,270 87,579 1,82,346 80,426 1,63,743 1,50,957 72,092 1,05,025 1,42,128 95,040 59,418 61,816 54,800 24,533 FY21 FY22 FY23 FY24 FY25 Sep-25 FY21 FY22 FY23 FY24 F
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: The Way Forward – Building 'Frictionless Processes'
The Way Forward – Building ‘Frictionless Processes’ Build out of new automated digital channels continue – Ongoing Initiatives SME Power (Simplified workflow for MSME) The project aims to refine and simplify the new CLOS platform for handling Business Loan proposals. The process involves minimiz
Slide 28: Way Forward – Growing Non-branch Distribution & Leveraging Partnerships
Way Forward – Growing Non- branch Distribution & Leveraging Partnerships Growing Non – Branch Distribution and Leveraging Partnerships Co-lending partnerships Liability Partnerships Fintech Partnership- allowing NTB customers to open deposit accounts SIB partners with CapFloat Financial Services Pri
Slide 29: The Way Forward – Building 'Frictionless Processes'
The Way Forward – Building ‘Frictionless Processes’ Improving Operating efficiency Significant momentum in Retail and MSME Segment 1 Home, Auto, Gold, MSME, CV/CE showing good traction 79:21 – Tooth to Tail Ratio 2 Further progress expected during the financial year Training/ Re-skilling of staff ga
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 83% of overall loan book since Oct’ 2020 (INR Cr) (INR Cr) Sep’20 65,349 15,675 Sep’25 86% of Current GNPA is from Old 76,611 New Book book Old Book Old Book New Book Current Book 14% Old Book 86% Old Loan Current Current Book Loan
Slide 32: Annexure
ANNEXURE
Slide 33: Profit & Loss Overview (Standalone)
Profit & Loss Overview (Standalone) Particulars (Rs. In Cr) Q2-FY26 Q2-FY25 Y-o-Y (%) Q1-FY26 Q-o-Q (%) HY1 FY26 HY1 FY25 Y-o-Y (%) Net Interest Income 808 882 -8% 832 -3% 1,641 1,748 -6% Non-Interest Income 516 410 26% 622 -17% 1,138 832 37% Core Fee Income 206 189 9% 188 10% 393 376 5% Treasury &
Slide 34: Balance Sheet Overview (Standalone)
Balance Sheet Overview (Standalone) Particulars (Rs. In Cr) Q2 FY26 Q2 FY25 Y-o-Y (%) Q1 FY26 Q-o-Q (%) Capital & Liabilities 1,36,039 1,20,364 13% 1,27,770 6% Capital 262 262 0% 262 0% Reserves and Surplus 10,374 9,133 14% 10,142 2% Deposits 1,15,635 1,05,451 10% 1,12,922 2% Borrowings 6,647 2,609
Slide 35: Key Metrics
Key Metrics Particulars Q2FY26 Q1FY26 Q4FY25 Q3FY25 Q2FY25 Q1FY25 Net Interest Margin (NIM) 2.80% 3.03% 3.21% 3.19% 3.24% 3.26% CRAR Basel III 17.70% 19.48% 19.31% 18.00% 18.04% 18.11% RoA* 1.02% 1.01% 1.11% 1.12% 1.07% 1.00% RoE* 13.11% 12.41% 13.74% 13.93% 13.71% 12.90% Provision Coverage 90.25% 8
Slide 36: Non-Performing Assets
Non-Performing Assets GNPA & NNPA Improving Credit Quality Ever 30+ at 6 MOB* (Excl. corporate) GNPA NNPA 1.50% 4.40% 4.30% 1.20% 0.90% 0.80% 0.70% 0.80% 3.20% 3.15% 0.43% 0.54% 0.54% 0.54% 2.93% 0.90% 0.90% 1.31% 1.25% 0.92% 0.68% 0.56% * Ever 30 at 6 MOB is defined as the sum of the original princ
Slide 37: Provisions
Provisions Rs. Cr Q2FY26 Q1FY26 Q4FY25 Q3FY25 Q2FY25 Q1FY25 For NPA & NPI 58 249 234 71 148 120 For Standard Assets 6 (5) (1) 2 (7) (2) For Restructured Advances/Sacrifices (3) (6) (9) (6) (30) (11) & FITL For Unhedged Forex Exposure 1 - - (2) (1) 1 Others 1 1 - 1 - 5 Taxes 121 111 117 121 116 101 T
Slide 38: Slippages & Collection Efficiency
Slippages & Collection Efficiency Slippage Ratio Collection Efficiency 0.36 101.3% 0.33 100.8% 100.2% 100.4% 99.9% 0.24 0.20 0.21 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Segment wise GNPA Segment wise Slippages Rs. Cr Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Rs. Cr New Book O
Slide 39: Stressed Assets
Stressed Assets Restructured Standard Assets Sectoral Break-up Rs. Cr 476 On account of MSME 404 0% restructuring 11% 317 23% General - DCCO Extension 277 241 OTR COVID Personal Segment 41% OTR COVID MSME 25% OTR COVID Others Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 COVID One Time Restructuring Security R
Slide 40: Investment Book
Investment Book SLR & NON-SLR Treasury & Forex Income * Rs. in Cr Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 256 SLR 20,379 21,737 20,049 22,181 28,620 NON-SLR 1,483 1,785 1,808 1,731 2,153 Total 21,862 23,522 21,857 23,912 30,773 M Duration 241 5.37 5.53 5.18 102 4.69 4.81 88 87 70 89 74 72 51 13 14 15 15
Slide 41: Capital Composition
Capital Composition Risk Weighted Assets CRAR Total Capital Adequacy Ratio is well above minimum regulatory requirement of 11.50% Tier 1 Tier 2 CET 1 18.25% 16.79% 19.48% 19.31% 19.48% Tier 1 Tier 2 1.23% 17.70% 1.23% 1.33% 0.91% 18.04% 18.25% 18.00% 16.79% 17.70% 1.41% 1.32% Jun'25 Sep'25 0.91% Tot
Slide 42: Strong Management Team
Strong Management Team Mr. P R Seshadri MD & CEO, 32 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 43: 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 44: 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 45: Strong Management Team
Strong Management Team Mr. Jimmy Mathew Mr. Vinod Francis GM & Company Secretary, 19 years GM & Chief Financial Officer, 19 years ● B. Com, FCS, ACMA, Certified CSR Professional, Certified course in HR ● Associate member of the ICAI and Certified Associate of the Institute of Management, ICSI Post M
Slide 46: Thank You
THANK YOU
The South Indian Bank — Q2 FY2025-26 Earnings Presentation on 6ix