Tamilnad Mercantile Bank Ltd Half-Yearly Results: Standalone & Consolidated Reports

Half Yearly Results

Results Snapshot

Figures in Cr

Standalone Half Yearly Results

Sep'25

Sep'24

Sep'23

Sep'22

Sep'21

Interest Earned

2,799.63

2,618.56

2,365.05

1,998.84

1,887.97

Income On Investments

532.82

518.16

521.01

441.85

400.82

Interest On Balances With Rbi Other Inter Bank Funds

32.72

12.83

19.76

13.79

18.74

Interest / Discount On Advances / Bills

2,233.56

2,086.57

1,822.25

1,540.04

1,463.75

Others

0.53

1.00

2.03

3.16

4.66

Other Income

439.30

461.19

323.06

284.42

344.13

Total Income

3,238.93

3,079.75

2,688.11

2,283.26

2,232.10

Interest Expended

1,622.95

1,455.94

1,318.24

966.27

1,013.22

Net Interest Income

1,176.68

1,162.62

1,046.81

1,032.57

874.75

Total Expenditure (Excl Depreciation)

751.29

689.77

624.84

553.36

529.94

Employee Cost

398.67

370.39

329.99

299.47

0.00

Other Operating Expenses

352.62

319.38

294.85

253.89

529.94

Operating Profit Before Provisions and Contingencies

864.69

934.04

745.03

763.63

688.94

Exceptional Items

0.00

Provisions and contingencies

28.35

150.37

62.29

89.10

132.60

Profit Before Tax

836.34

783.67

682.74

674.53

556.34

Tax

213.94

193.20

148.00

178.02

164.26

Profit After Tax

622.40

590.47

534.74

496.51

392.08

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

622.40

590.47

534.74

496.51

392.08

Face Value

10.0

Reserves

0.00

Earnings per share (EPS)

39.31

37.29

33.77

31.36

27.51

Diluted Earnings per share

39.31

37.29

33.77

34.44

27.51

Operating Profit Margin (Excl OI)

72.15%

67.92%

70.95%

67.86%

64.91%

Gross Profit Margin

29.87%

29.93%

28.87%

33.75%

29.47%

PAT Margin

22.23%

22.55%

22.61%

24.84%

20.77%

Net Interest Margin

0.0%

4.04%

Return on Assets

0.0%

1.91%

1.87%

1.93%

1.63%

CASA (%)

0.0%

28.0%

30.58%

27.89%

CASA Amount

0.00

13,873.00

0.00

13,192.64

11,439.32

Capital Adequacy Ratio (Total)

29.4%

29.59%

26.04%

24.58%

18.87%

Capital Adequacy Ratio (Tier 1)

29.4%

28.12%

24.43%

22.98%

17.87%

Provision Coverage Ratio (%)

0.0%

92.56%

86.42%

88.58%

80.5%

Amount of Gross NPAs

0.00

584.45

643.84

593.34

1,045.26

Amount of Net NPAs

0.00

194.77

371.90

295.97

564.95

% of Net NPAs

0.0%

0.46%

0.99%

0.86%

1.82%

% of Gross NPAs

0.0%

1.37%

1.7%

3.31%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

0.0

1161.0

1152.0

1145.0

0.0

Number of Branches

0.0

567.0

541.0

509.0

0.0

Half Yearly Analysis Highlights

Interest Earned

Growth in half year ended Sep 2025 is 6.91% vs 10.72% in Sep 2024

Net Profit

Growth in half year ended Sep 2025 is 5.41% vs 10.42% in Sep 2024

Operating Profit (PBDIT)

Growth in half year ended Sep 2025 is -7.42% vs 25.37% in Sep 2024

% of Net NPAs

Growth in half year ended Sep 2025 is -0.46% vs -0.53% in Sep 2024

% of Gross NPAs

Growth in half year ended Sep 2025 is -1.37% vs -0.33% in Sep 2024

Compare Half Yearly Results Of T N Merc. Bank With

Select Peers

Figures in Cr

Standalone Half Yearly Results

Change(INR)

Change(%)

Interest Earned

2,799.63

4,769.49

-1,969.86

-41.3%

Income On Investments

532.82

819.96

-287.14

-35.02%

Interest On Balances With Rbi Other Inter Bank Funds

32.72

117.44

-84.72

-72.14%

Interest / Discount On Advances / Bills

2,233.56

3,757.60

-1,524.04

-40.56%

Others

0.53

74.49

-73.96

-99.29%

Other Income

439.30

1,137.62

-698.32

-61.38%

Total Income

3,238.93

5,907.11

-2,668.18

-45.17%

Interest Expended

1,622.95

3,128.14

-1,505.19

-48.12%

Net Interest Income

1,176.68

1,641.35

-464.67

-28.31%

Total Expenditure (Excl Depreciation)

751.29

1,571.21

-819.92

-52.18%

Employee Cost

398.67

840.19

-441.52

-52.55%

Other Operating Expenses

352.62

731.02

-378.40

-51.76%

Operating Profit Before Provisions and Contingencies

864.69

1,207.76

-343.07

-28.41%

Exceptional Items

0.00

Provisions and contingencies

28.35

302.53

-274.18

-90.63%

Profit Before Tax

836.34

905.23

-68.89

-7.61%

Tax

213.94

231.91

-17.97

-7.75%

Profit After Tax

622.40

673.32

-50.92

-7.56%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

622.40

673.32

-50.92

-7.56%

Face Value

10.00

1.00

0.00

Reserves

0.00

Earnings per share (EPS)

39.31

2.57

36.74

1429.57%

Diluted Earnings per share

39.31

2.57

36.74

1429.57%

Operating Profit Margin (Excl OI)

72.15%

60.71%

0.00

11.44%

Gross Profit Margin

29.87%

18.98%

0.00

10.89%

PAT Margin

22.23%

14.12%

0.00

8.11%

Net Interest Margin

0.00%

0.00

0.00%

Return on Assets

0.00%

0.00

0.00%

CASA (%)

0.00%

31.86%

-31.86

-31.86%

CASA Amount

0.00

36,841.00

-36,841.00

-100.0%

Capital Adequacy Ratio (Total)

29.40%

17.70%

11.70

11.70%

Capital Adequacy Ratio (Tier 1)

29.40%

16.79%

12.61

12.61%

Provision Coverage Ratio (%)

0.00%

90.25%

-90.25

-90.25%

Amount of Gross NPAs

0.00

2,703.47

-2,703.47

-100.0%

Amount of Net NPAs

0.00

505.82

-505.82

-100.0%

% of Net NPAs

0.00%

0.56%

-0.56

-0.56%

% of Gross NPAs

0.00%

2.93%

-2.93

-2.93%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Pledged Capital (%)

0.00%

0.00

0.00%

Number of ATMs

0.00

1,269.00

-1,269.00

-100.0%

Number of Branches

0.00

948.00

-948.00

-100.0%

Half Yearly - Interest Earned

Interest Earned 2799.63 Cr

in Sep 2025

Figures in Cr

Growth in half year ended Sep 2025 is 6.91% vs 10.72% in Sep 2024

Half Yearly - Net Profit

Net Profit 622.40 Cr

in Sep 2025

Figures in Cr

Growth in half year ended Sep 2025 is 5.41% vs 10.42% in Sep 2024

Half Yearly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 864.69 Cr

in Sep 2025

Figures in Cr

Growth in half year ended Sep 2025 is -7.42% vs 25.37% in Sep 2024

Half Yearly - % of Net NPAs

No % of Net NPAs in the last few periods

Half Yearly - % of Gross NPAs

No % of Gross NPAs in the last few periods