The South Indian Bank Limited — Q2FY27 earnings call summary

Filed 22 October 2026 · Official transcript

Cost-to-income ratio expected to improve towards 50% with controlled opex growth below loan growth
Q2 FY27 net profit at INR426 Cr, +21% y-y; deposits grew 19% to INR1.37 tn; advances up 19% to INR1.09 tn
Management confident of sustaining 15-16% loan and deposit growth, with medium-term ROA target of 1.25-1.30%
Focus on balanced portfolio with stronger risk-adjusted returns; technology refinements and AI adoption ongoing
NIM improved to 3.33%, up 53 bps y-y and 10 bps q-q; ROA at 1.08%, ROE at 14%
Gross NPA reduced to 1.24%, net NPA to 0.09%; PCR improved to 97.84% including write-offs
Retail and MSME disbursements outpaced wholesale; gold loans grew 41%, targeting 30-35% portfolio share
Treasury MTM impact approx INR1 Cr per bps; AFS reserve debit of INR52-53 Cr this quarter