South Indian Bank’s disclosed FY2024-25 and FY2025-26 trends are constructive, but they do not by themselves make the stock safe. Deposits, advances, profit, capital adequacy and headline asset-quality ratios all improved in the reported FY2025-26 figures. Before investing, verify that the improvement is continuing in the latest quarter, that recoveries exceed new slippages, that provisions remain adequate, and that the share price reasonably reflects sustainable earnings rather than a single good year.
What the latest disclosed numbers say
The most useful starting point is a like-for-like comparison of the bank’s scale, earnings, capital and bad-loan ratios. FY2024-25 figures come from South Indian Bank’s audited annual report dated July 17, 2025. FY2025-26 operating figures below are reproduced from the directors’ report by Arihant Capital and should be reconciled with the bank’s downloadable FY2025-26 annual-report PDF before you invest.
As an Amazon Associate I earn from qualifying purchases.
| Measure | FY2024-25 | FY2025-26 reported | What it indicates |
|---|---|---|---|
| Deposits | ₹107,525.60 crore | ₹123,346.32 crore | Funding base and franchise growth |
| Gross advances | ₹87,578.52 crore | ₹100,274.05 crore | Loan-book growth |
| Net profit | ₹1,302.88 crore | ₹1,455.14 crore | Reported bottom-line earnings |
| Basel III CRAR | 19.31% | 19.66% | Capital available against risk-weighted assets |
| GNPA | 3.20% | 1.43% | Gross non-performing assets as a percentage of gross advances |
| NNPA | 0.92% | 0.29% | Bad loans after provisions, relative to net advances |
| Return on assets (RoAA) | 1.06% | 1.08% | Profit generated from the asset base |
| CASA deposits | ₹33,729.72 crore | ₹39,620.92 crore | Current and savings deposits, usually a lower-cost funding source |
On the face of these figures, the bank grew deposits by about ₹15,821 crore and advances by about ₹12,696 crore while reducing GNPA and NNPA sharply. CASA increased by ₹5,891.20 crore; the FY2025-26 report states 17.47% growth. Profit and RoAA also moved higher, and CRAR edged up rather than falling as the balance sheet expanded.
Do these 3 things before closing this tab:
1Scan for outdated or missing drivers - takes under a minute2Repair Windows errors before they cause bigger problems3Fix the driver behind crashes, sound loss and screen glitchesThose are encouraging signals, not a complete investment case. Headline ratios can improve because of recoveries, upgrades, write-offs, asset sales or unusually low new slippages. Your next task is to establish whether the underlying credit performance, margins and funding costs support the reported improvement.
#1 Best Overall
- [Ultra-Lightweight Ear Buds Designed for Small Ears] Each earbud weighs only 3.7g and features a compact, ergonomic in-ear design made especially for small ears. Secure, low-profile, and comfortable for workouts, all-day wear or overnight sleeping.The ultra-slim profile sits flush in your ear with no hard edges poking or rubbing, so you can even sleep on your side without discomfort.
- [Immersive Stereo Sound with TOZO OrigX Technology] TOZO OrigX tuning delivers clear vocals, balanced mids, and natural stereo sound for music, podcasts, and videos.
- [Long Battery Life for Daily Use] Get up to 7 hours of playtime on a single charge, with up to 32 hours total using the charging case—ideal for workdays, commuting, and extended listening sessions.
- [Bluetooth 5.3 & Stable Connection] Bluetooth 5.3 provides fast pairing, stable wireless performance, and reduced dropouts as you move around home or office.
- [Deep Bass with Clear Vocals] High-performance drivers produce punchy bass while keeping vocals clean and detailed for everyday listening.
Step 1: Test whether growth is being funded safely
Compare deposits with advances
Track both balances every quarter, not just at year-end. In FY2024-25, deposits were ₹107,525.60 crore against gross advances of ₹87,578.52 crore. The reported FY2025-26 balances were ₹123,346.32 crore and ₹100,274.05 crore respectively. Loan growth that consistently outruns deposits can increase reliance on expensive certificates of deposit, bulk deposits or wholesale funding. That may raise the cost of deposits and squeeze net interest margin (NIM).
Inspect the composition of deposits
Ask how much of the new funding comes from stable retail current and savings accounts versus rate-sensitive term or bulk deposits. A growing total deposit number is more valuable when CASA and granular retail balances are rising without an aggressive increase in deposit rates. Read the quarterly presentation for CASA percentage, current-account and savings-account mix, average cost of deposits, term-deposit growth and bulk-deposit share.
Check whether growth is concentrated
Fast growth in one sector, borrower group or geography can make future losses less predictable. Review sectoral exposure, large borrower concentration, unsecured lending, commercial real estate and any management commentary about risk appetite. Growth quality is stronger when it is diversified and supported by conservative underwriting.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
Step 2: Look beyond GNPA and NNPA
Understand what the ratios measure
GNPA captures the gross amount of loans classified as non-performing; NNPA subtracts provisions and is therefore more sensitive to the protection already built against losses. The FY2024-25 report recorded GNPA of 3.20% and NNPA of 0.92%. The FY2025-26 directors’ report reproduction recorded 1.43% and 0.29%.
The FY2024-25 report also said the newer loan book had GNPA of 0.46% and NNPA of 0.13%, materially below the bank-wide ratios. That distinction matters: a young book can look cleaner while older stressed accounts are being resolved. The directors’ report described the year as one in which “The Bank has registered a robust recovery and upgradation of NPA during the financial year 2024-25.” Treat that as evidence of recoveries, not proof that credit risk has permanently disappeared.
Rank #2
- 【IP68 Waterproof Multifunctinal Smart Watch】Torjalph fitness activity tracker smart watch is IP68 waterproof technology ,you can wear it when swimming,handwashing,it's rain-proof which means that you perform multiple exercise modes outside without worrying about sweat or rain corroding your fitness smart watch,and this watch equipped with a 230 mAh large capacity battery magnetic charging ,and this sports activity tracker watch can be used 5-7 days If fully charged.
- 【Larger 1.83'' Full Screen Watch & Multi-dial Selection】1.83 inch full HD color touch screen smart watch for men / women provides excellent 240*284 resolution image quality ,This Bluetooth smart watch offers a better touch experience and remarkable immersion and ,more than 200 watch faces for you to choose from App"Da Fit ", you can change the dial style according to your mood to wear keeping the world on your wrist
- 【Accurate Activity Tracker Smart Watch 】sports watch activity tracker uses sweat and dust resistant breathable silicone strap, our Fitness Tracker Smart Watch for Android iOS Phones supports 12 sports modes,walking,running,bicycle,swimming,badminton,basketball,football,rope skipping. This bluetooth calls smart watch for men women is lightweight and stylish, bringing more convenient and relaxing sports experience while also providing more protection.
- 【Your 24 Hour Personal Daily Health Monitor】Fitness watch for women men full touch screen IP67 waterproof bluetooth smartwatch for Android iOS Phones with heart rate blood pressure monitor multifunction Andriod smart watch with steps counter sleep monitor sports fitness watch, monitoring blood oxygen saturation allows you to understand your physical condition in real time to track fitness progress ,to know your health status in time.
- 【More Functions Bluetooth Call Smart Watch】This fitness activity smart watch full screen for iPhone and Android phones includes a bunch of new features including:The bluetooth smart watch can hang up the phone, receive and display WhatsAPP /Text /Facebook /Twitter /Messenger reminder.Support sedentary reminder, alarm clock, stopwatch, timer,weather information,music control, remote camera control compatible with Android 5.0 and above or iOS 9.0 and above smartphones.
Track the flow of bad loans
Request or calculate these items for each quarter:
- Fresh slippages from standard to non-performing status.
- Recoveries and upgrades, with the rupee amount and source of recovery.
- Write-offs and sales to asset-reconstruction entities.
- Restructured and stressed loans, including loans under moratorium or relief schemes.
- Provision coverage ratio (PCR), including and excluding technical write-offs.
- Credit cost as a percentage of average advances.
A falling GNPA is more credible when fresh slippages and credit cost are also declining, recoveries exceed new additions and PCR remains robust. A ratio reduced mainly by write-offs can leave the economic loss unresolved and should be examined in the notes to accounts.
Step 3: Separate recurring profit from temporary gains
Break down net profit
Net profit rose from ₹1,302.88 crore in FY2024-25 to a reported ₹1,455.14 crore in FY2025-26, while RoAA increased from 1.06% to 1.08%. To judge durability, bridge profit through four operating components:
Free tools Windows power users keep installed
One-click scans. No signup required.
- Net interest income and NIM: determine whether loan yields are growing faster than the cost of deposits and borrowings.
- Other income: separate recurring fees from treasury gains, recoveries, investment revaluations and other volatile items.
- Operating expenses: examine staff costs, branch expansion, technology spending and the cost-to-income ratio.
- Provisions: identify whether lower provisions reflect genuinely better credit or simply a release of earlier buffers.
A quarter with a one-time treasury gain or unusually low provisions should not be annualised. Look for stable NIM, controlled operating costs and recurring fee income across several quarters.
Use RoAA and RoE together
RoAA of 1.06% and 1.08% provides a clean view of profit relative to assets, but investors should also examine return on equity (RoE), the equity base and any dilution. A high RoE produced by thin capital or leverage is less resilient than a similar return supported by strong RoAA and ample common equity.
Step 4: Test capital resilience, not just the headline CRAR
Basel III CRAR was reported at 19.31% for FY2024-25 and 19.66% for FY2025-26. That is a substantial disclosed buffer above regulatory minimums, but CRAR alone does not show its quality or how quickly it could be consumed.
Rank #3
- [Low Noise High Fidelity] New bee guitar cord with 22AWG oxygen-free-copper center conductors provides enhanced signal transfer, the PVC insulation material and the high-density stranded copper double shield provide noise rejection for quiet operation
- [Ideal for Choice] New bee 1/4 straight and right angle metal connectors, ensures a secure connection in any instrument, pedal, or amp jack. L shape great fro on stage guitar stands
- [Wide Compatible] Suitable for mixer, power amplifier, microphone, effector, decoder, equalizer, electoronic organ, electric guitar, electric bass and other electronic equipments. Widely used in the installation of smart home, karaoke speaker, professional stage audio, etc
- [Easy Disassemble] Making incidental repairs quick and easy! Very nice, flexible cable
- [Dont Hesite to Order] 24 hours customer services and professional technology team are standing by
Read the detailed capital table for:
- Common Equity Tier 1 (CET1) ratio.
- Tier 1 capital ratio and the mix of retained earnings, instruments and deductions.
- Total risk-weighted assets and their growth rate.
- Capital generated from profits versus fresh issuance or other instruments.
- Management’s projected capital needs under planned loan growth.
Compare capital growth with advances and risk-weighted assets. If loans grow rapidly while CET1 barely moves, the buffer may narrow even though total CRAR still looks high. Also check contingent liabilities, deferred tax assets and other deductions that can reduce usable capital.
Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchWindows Errors? Fix Them Before They Spread
Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallStep 5: Examine liquidity and funding costs
CASA rose from ₹33,729.72 crore to ₹39,620.92 crore, and the FY2025-26 report states 17.47% growth. That is directionally positive because current and savings balances generally cost less than term funding. The important question is whether CASA is rising quickly enough relative to advances and whether deposit pricing is eroding the benefit.
For each latest quarter, record:
- CASA ratio and the separate current-account and savings-account balances.
- Cost of deposits and cost of funds.
- Share and maturity profile of bulk deposits.
- Liquidity coverage ratio and high-quality liquid assets.
- Loan-to-deposit ratio and any short-term wholesale borrowing.
When loan growth persistently exceeds low-cost deposit growth, NIM can compress. A bank can remain liquid while becoming less profitable, so liquidity and funding-cost checks belong alongside asset-quality analysis.
Step 6: Review concentration, governance and contingent risks
Financial ratios do not capture every way a bank can lose value. Read the annual report’s notes and governance disclosures for:
- Sector, geography and single-borrower or group exposure limits.
- Restructured loans, security receipts and loans transferred to recovery vehicles.
- Related-party transactions and auditor qualifications or emphasis-of-matter paragraphs.
- Changes in the board, chief executive, chief risk officer or statutory auditor.
- Regulatory penalties, customer complaints, fraud disclosures and unresolved legal claims.
- Contingent liabilities, guarantees and tax disputes that could become cash losses.
A clean statutory audit does not eliminate business risk, but qualifications, repeated control weaknesses or abrupt senior-management turnover deserve a lower valuation or a decision to wait.
Rank #4
- Digital Family Calendar: BSIMB digital calendar wall touch screen puts an end to your chaotic life. Designed for busy families, the digital calendar keeps you organised and in step with your family. Assign different colours and tasks to each family member to make family scheduling easier and more intuitive.
- Easy Setup and Auto-Sync: Plug in, connect to WLAN and auto-syn your electric calendar in minutes. Digital wall calendar compatible with Google calendar, iCloud calendar, Outlook calendar, Cozi calendar and Yahoo calendar. Add events directly on the device or through the ecalendar app. Electronic calendar stays current whether you're at work or traveling—no manual updates needed.
- All-In-One Home Assistant: Smart calendar builds habits and encourage independence with personalised chores. Display daily meal plan to reduce the daily ‘What's for dinner?’ stress. To-do lists keep track of everything you want. Turning chores into valuable achievements with stars and rewards, making life easier and more enjoyable.
- Manage Anytime Anywhere: BSIMB electronic calendar for family stay connected with the powerful ecalendar app. Access and manage your digital wall calendar anytime, anywhere with free features like stars & rewards, photo screensaver, chore charts, meals plans, to-do lists etc. Electronic planner paid features like Magic Import tailor advanced tools for users with special needs.
- Stay in Touch with Loved Ones: Share photos or videos from your phone to electronic wall calendar with app, instantly update your life moment, and keep in touch with your family, especially those who are far away; you can also surprise your smart calendar digital wall by sending him a wish card; it's also great for keeping tech-illiterate elders in touch with the youngsters.
Step 7: Get the newest quarter before making a decision
The bank’s investor-relations index lists presentations for September 2026 and June 2026 in FY2026-27. The index confirms that the files are available but does not expose their numerical tables. Retrieve the actual presentations and update your worksheet with NIM, fresh slippages, recoveries and upgrades, credit cost, PCR, CET1 and Tier 1 ratios, liquidity, deposit mix and advances.
- Download the September 2026 presentation and the preceding June 2026 presentation from the bank’s investor page.
- Copy each metric using the same definition and reporting period; do not mix quarter-end and full-year numbers.
- Reconcile any FY2025-26 difference between the Arihant Capital reproduction and the bank’s official annual-report PDF.
- Compare the latest quarter with at least the previous four quarters to identify direction rather than a one-period spike.
- Read management commentary for changes in underwriting, provisioning policy, sector exposure and capital plans.
How to interpret the evidence together
Consider the bank stronger when several independent signals agree: deposits grow with rising CASA, advances expand without a deterioration in funding costs, fresh slippages stay controlled, recoveries exceed additions to bad loans, PCR remains healthy, NIM and RoAA are stable, and CET1 grows with risk-weighted assets.
Be cautious when only the headline GNPA improves while slippages, credit cost or restructuring rise; when profit depends on treasury gains or provision reversals; when loan growth outruns deposits; or when capital falls as management pursues rapid expansion. These combinations can make a low price-to-book ratio a value trap rather than a bargain.
Valuation: compare quality before price
Compare South Indian Bank with similarly sized Indian private-sector banks on five axes:
The Tool Desk
Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →- Deposit franchise and CASA growth.
- Loan growth and underwriting mix.
- GNPA, NNPA, fresh slippages, PCR and credit cost.
- RoAA, RoE, NIM and cost-to-income ratio.
- CET1, total CRAR and valuation relative to sustainable book value and earnings.
Price-to-book and price-to-earnings ratios are meaningful only after adjusting for asset quality and profitability. A bank with a lower multiple but weaker underwriting can be riskier than a peer trading at a higher multiple with durable RoAA and cleaner deposits. Use the latest reported book value and earnings, and state whether the valuation uses a one-year forecast or trailing figures.
A practical pre-investment checklist
- Have you reconciled FY2025-26 figures to the official annual report?
- Are September 2026 and June 2026 NIM, slippage, credit-cost and capital figures available and improving?
- Do recoveries and upgrades exceed fresh slippages?
- Is PCR strong after considering technical write-offs?
- Is CASA growing without a disproportionate rise in deposit rates or bulk funding?
- Are CET1 and total CRAR keeping pace with risk-weighted assets?
- Is profit mainly recurring net interest and fee income rather than one-off gains or provision releases?
- Have you reviewed concentration, restructuring, auditor, governance and contingent-liability disclosures?
- Does the share valuation compensate you for the remaining credit and execution risks?
Frequently Asked Questions
Are South Indian Bank’s GNPA and NNPA improving?
Yes, the reported figures fell from 3.20% GNPA and 0.92% NNPA in FY2024-25 to 1.43% and 0.29% respectively in the FY2025-26 directors’ report reproduction. Confirm the latest quarter’s slippages, recoveries, write-offs and provision coverage before treating the improvement as durable.
What is the most important current document to read?
Read the September 2026 FY2026-27 investor presentation, alongside the June 2026 presentation and the official FY2025-26 annual report. Those documents should provide the current NIM, credit-cost, slippage, provisioning, capital, liquidity and deposit-mix details needed for an up-to-date decision.
Does a CRAR near 20% make the stock safe?
No. CRAR of 19.31% in FY2024-25 and 19.66% in reported FY2025-26 indicates a sizeable disclosed capital buffer, but you still need CET1 and Tier 1 composition, risk-weighted-asset growth, asset quality and management’s future capital requirements.
The Bottom Line
South Indian Bank’s FY2024-25 to FY2025-26 disclosures show meaningful improvement, especially in GNPA, NNPA, CASA, profit and capital adequacy. Invest only after the September 2026 data confirms that the gains come from recurring improvement in credit quality, margins and funding—not from temporary recoveries, write-offs or accounting effects—and after the valuation compensates for the risks that remain.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
