South Indian Bank Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
About
South Indian Bank Limited (SIB) is a private sector bank headquartered in Thrissur, Kerala. Since its establishment in 1929, the bank has grown into a prominent financial institution with a widespread network of 955 branches and 1,290+ ATMs/CRMs across 26 states and 4 union territories.The bank offers a diverse range of financial products and services including savings accounts, current accounts, fixed deposits, personal, home and business loans, along with corporate banking solutions. SIB is a technology-first institution and became the first bank in Kerala to use a Core Banking System (CBS). SIB also holds the distinction of being the first private sector bank to open an NRI branch in November, 1992.
Incorporation Year: 1929
Headquarters: Thrissur, Kerala
Top Management: MD & CEO- P R Seshadri
Industry: BFSI
Website: www.southindianbank.com
Featured In Fortune India Ranking
Fortune 500 India
#245(2024)
#271(2023)
#232(2022)
#173(2021)
#166(2020)
#195(2019)
#197(2018)
#193(2017)
#210(2016)
#204(2015)
#208(2014)
#224(2013)
#237(2012)
#283(2011)
#280(2010)
#245(2024)#271(2023)#232(2022)#173(2021)#166(2020)#195(2019)#197(2018)#193(2017)#210(2016)#204(2015)#208(2014)#224(2013)#237(2012)#283(2011)#280(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
10,127
(INR Cr)
Net Operating Income
8,613
(INR Cr)
Assets
117,638
(INR Cr)
Profit
1,070
(INR Cr)
Net Worth
8,826
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 10127 25.9% | 8045 5.6% | 7620 -10.7% | 8535 -3.1% | 8810 15.9% | 7603 8.2% | 7030 7.1% | 6563 8.0% | 6075 5.0% | 5783 7.4% | 5384 12.9% | 4769 24.5% | 3831 45.0% | 2643 23.3% | 2144 15.6% | 1855 - |
| Net Operating Income (INR Cr) | 8613 19.07% | 7233 9.82% | 6587 -9.84% | 7305 -5.90% | 7764 12.90% | 6877 11.04% | 6193 5.91% | 5847 5.22% | 5557 5.13% | 5286 5.41% | 5015 13.10% | 4434 23.74% | 3583 46.50% | 2446 26.36% | 1936 14.75% | 1687 - |
| Profit (INR Cr) | 1070 38.0% | 775 1630.2% | 45 -27.6% | 62 -40.8% | 105 -57.8% | 248 -26.1% | 335 -14.7% | 393 17.8% | 333 8.5% | 307 -39.5% | 508 1.0% | 502 25.1% | 402 37.3% | 293 25.2% | 234 20.0% | 195 - |
| Assets (INR Cr) | 117638 8.9% | 108009 7.8% | 100191 6.3% | 94250 -3.0% | 97133 5.1% | 92419 11.7% | 82765 11.3% | 74366 17.1% | 63522 7.4% | 59161 7.6% | 55006 10.5% | 49795 23.3% | 40380 23.0% | 32820 28.5% | 25534 25.3% | 20379 - |
| Net Worth (INR Cr) | 8826 32.2% | 6675 14.0% | 5854 0.0% | 5809 12.7% | 5156 1.1% | 5098 1.9% | 5003 8.7% | 4605 24.1% | 3712 7.5% | 3453 6.6% | 3239 12.9% | 2868 41.6% | 2026 19.5% | 1696 15.6% | 1467 14.1% | 1286 12.6% |
| Employee Cost (INR Cr) | 1705 30.4% | 1308 9.2% | 1198 -2.9% | 1234 31.1% | 941 14.6% | 821 15.2% | 713 5.4% | 677 -2.3% | 692 9.2% | 634 19.8% | 529 12.0% | 473 26.3% | 374 29.1% | 290 28.1% | 226 5.7% | 214 - |
| Interest Cost (INR Cr) | 5281 | 4221 | 4347 | 4899 | 5446 | 4857 | 4227 | 4172 | 4048 | 3920 | 3616 | 3153 | 2562 | 1655 | 1367 | 1164 |
| Cash & Bank Balance (INR Cr) | 10022 | 7080 | 11203 | 8768 | 4190 | 4823 | 4221 | 3888 | 3274 | 3595 | 3218 | 4336 | 2641 | 2466 | 1988 | 2036 |
| Total Debt (INR Cr) | 105831 | 98644 | 92436 | 86819 | 89927 | 85323 | 76073 | 68075 | 58336 | 54145 | 50222 | 45547 | 37089 | 30011 | 23342 | 18504 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 10.6% | 9.6% | 0.6% | 0.7% | 1.2% | 3.3% | 4.8% | 6.0% | 5.5% | 5.3% | 9.4% | 10.5% | 10.5% | 11.1% | 10.9% | 10.5% |
| Profit As % Of Assets | 0.9% | 0.7% | 0.0% | 0.1% | 0.1% | 0.3% | 0.4% | 0.5% | 0.5% | 0.5% | 0.9% | 1.0% | 1.0% | 0.9% | 0.9% | 1.0% |
| Profit As % Of Networth | 12.1% | 11.6% | 0.8% | 1.1% | 2.0% | 4.9% | 6.7% | 8.5% | 9.0% | 8.9% | 15.7% | 17.5% | 19.8% | 17.3% | 15.9% | 15.2% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 13.8% | 12.3% | 0.8% | 1.1% | 2.0% | 4.9% | 7.0% | 9.4% | 9.3% | 9.2% | 16.6% | 20.5% | 21.6% | 18.5% | 17.0% | 16.0% |
| ROCE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |