Tamilnad Mercantile Bank Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Standalone Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Interest Earned

1,550.38

1,469.41

1,413.39

1,386.24

1,341.68

1,331.02

1,337.41

Income On Investments

254.53

261.82

271.28

261.54

247.09

252.17

257.85

Interest On Balances With Rbi Other Inter Bank Funds

11.52

10.39

15.34

17.38

7.32

5.78

6.00

Interest / Discount On Advances / Bills

1,284.15

1,197.00

1,126.51

1,107.05

1,086.97

1,072.64

1,073.09

Others

0.18

0.20

0.26

0.27

0.30

0.43

0.47

Other Income

241.76

196.01

208.07

231.23

200.38

188.92

227.47

Total Income

1,792.14

1,665.42

1,621.46

1,617.47

1,542.06

1,519.94

1,564.88

Interest Expended

845.93

823.27

816.26

806.69

773.77

760.63

741.35

Net Interest Income

704.45

646.14

597.13

579.55

567.91

570.39

596.06

Total Expenditure (Excl Depreciation)

423.90

373.92

352.77

398.52

364.29

351.61

358.33

Employee Cost

220.68

175.14

175.84

222.83

177.79

178.16

191.04

Other Operating Expenses

203.22

198.78

176.93

175.69

186.50

173.45

167.29

Operating Profit Before Provisions and Contingencies

522.31

468.23

452.43

412.26

404.00

407.70

465.20

Exceptional Items

0.00

Provisions and contingencies

18.79

1.49

20.01

8.34

17.22

3.26

64.93

Profit Before Tax

503.52

466.74

432.42

403.92

386.78

404.44

400.27

Tax

129.87

125.24

114.91

99.03

94.88

104.20

97.09

Profit After Tax

373.65

341.50

317.51

304.89

291.90

300.24

303.18

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

373.65

341.50

317.51

304.89

291.90

300.24

303.18

Face Value

10.0

Reserves

9,951.81

0.00

Earnings per share (EPS)

23.6

21.57

20.05

19.25

18.43

18.96

19.15

Diluted Earnings per share

23.6

21.57

20.05

19.25

18.44

18.96

19.15

Operating Profit Margin (Excl OI)

71.45%

74.45%

73.63%

70.65%

71.56%

73.34%

68.35%

Gross Profit Margin

32.48%

31.76%

30.59%

29.14%

28.83%

30.39%

29.93%

PAT Margin

24.1%

23.24%

22.46%

21.99%

21.76%

22.56%

22.67%

Net Interest Margin

0.0%

4.04%

3.83%

3.84%

3.91%

4.0%

4.25%

Return on Assets

2.05%

1.97%

1.85%

1.82%

1.81%

1.89%

1.94%

CASA (%)

0.0%

27.95%

27.36%

26.78%

0.0%

27.36%

28.12%

CASA Amount

0.00

13,873.00

Capital Adequacy Ratio (Total)

33.73%

30.08%

30.96%

31.55%

32.71%

29.35%

29.59%

Capital Adequacy Ratio (Tier 1)

32.27%

28.53%

29.4%

29.99%

31.24%

27.88%

28.12%

Provision Coverage Ratio (%)

0.0%

96.08%

95.3%

94.32%

93.86%

93.21%

92.56%

Amount of Gross NPAs

388.21

462.83

474.45

549.12

556.13

576.38

584.45

Amount of Net NPAs

97.41

100.08

121.52

147.37

160.45

177.59

194.77

% of Net NPAs

0.18%

0.2%

0.26%

0.33%

0.36%

0.41%

0.46%

% of Gross NPAs

0.73%

0.91%

1.01%

1.22%

1.25%

1.32%

1.37%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

0.0

1150.0

0.0

1161.0

Number of Branches

0.0

585.0

0.0

572.0

567.0

Quarterly Analysis Highlights - QoQ

Interest Earned

QoQ Growth in quarter ended Mar 2026 is 5.51% vs 3.96% in Dec 2025

Net Profit

QoQ Growth in quarter ended Mar 2026 is 9.41% vs 7.56% in Dec 2025

Operating Profit (PBDIT)

QoQ Growth in quarter ended Mar 2026 is 11.55% vs 3.49% in Dec 2025

% of Net NPAs

QoQ Growth in quarter ended Mar 2026 is -0.02% vs -0.06% in Dec 2025

% of Gross NPAs

QoQ Growth in quarter ended Mar 2026 is -0.18% vs -0.10% in Dec 2025

Compare Quarterly Results Of T N Merc. Bank With

Select Peers

Figures in Cr

Standalone Quarterly Results

Change(INR)

Change(%)

Interest Earned

1,550.38

3,313.44

-1,763.06

-53.21%

Income On Investments

254.53

745.93

-491.40

-65.88%

Interest On Balances With Rbi Other Inter Bank Funds

11.52

8.74

2.78

31.81%

Interest / Discount On Advances / Bills

1,284.15

2,435.10

-1,150.95

-47.26%

Others

0.18

123.67

-123.49

-99.85%

Other Income

241.76

279.46

-37.70

-13.49%

Total Income

1,792.14

3,592.90

-1,800.76

-50.12%

Interest Expended

845.93

1,824.56

-978.63

-53.64%

Net Interest Income

704.45

1,488.88

-784.43

-52.69%

Total Expenditure (Excl Depreciation)

423.90

988.09

-564.19

-57.1%

Employee Cost

220.68

656.54

-435.86

-66.39%

Other Operating Expenses

203.22

331.55

-128.33

-38.71%

Operating Profit Before Provisions and Contingencies

522.31

780.25

-257.94

-33.06%

Exceptional Items

0.00

Provisions and contingencies

18.79

-25.81

44.60

172.8%

Profit Before Tax

503.52

806.06

-302.54

-37.53%

Tax

129.87

219.33

-89.46

-40.79%

Profit After Tax

373.65

586.73

-213.08

-36.32%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

373.65

586.73

-213.08

-36.32%

Face Value

10.00

1.00

0.00

Reserves

9,951.81

0.00

9,951.81

Earnings per share (EPS)

23.60

5.33

18.27

342.78%

Diluted Earnings per share

23.60

5.33

18.27

342.78%

Operating Profit Margin (Excl OI)

71.45%

70.96%

0.00

0.49%

Gross Profit Margin

32.48%

24.33%

0.00

8.15%

PAT Margin

24.10%

17.71%

0.00

6.39%

Net Interest Margin

0.00%

3.62%

-3.62

-3.62%

Return on Assets

2.05%

0.00%

2.05

2.05%

CASA (%)

0.00%

44.10%

-44.10

-44.10%

CASA Amount

0.00

68,736.00

-68,736.00

-100.0%

Capital Adequacy Ratio (Total)

33.73%

15.00%

18.73

18.73%

Capital Adequacy Ratio (Tier 1)

32.27%

12.77%

19.50

19.50%

Provision Coverage Ratio (%)

0.00%

90.46%

-90.46

-90.46%

Amount of Gross NPAs

388.21

3,487.12

-3,098.91

-88.87%

Amount of Net NPAs

97.41

776.36

-678.95

-87.45%

% of Net NPAs

0.18%

0.68%

-0.50

-0.50%

% of Gross NPAs

0.73%

3.00%

-2.27

-2.27%

Public Share Holdings (%)

0.00%

40.60%

-40.60

-40.60%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Pledged Capital (%)

0.00%

0.00

0.00%

Number of ATMs

0.00

1,436.00

-1,436.00

-100.0%

Number of Branches

0.00

1,017.00

-1,017.00

-100.0%

Quarterly - Interest Earned

Interest Earned 1550.38 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 5.51% vs 3.96% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 15.56% vs 7.02% in Mar 2025

Quarterly - Net Profit

Net Profit 373.65 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 9.41% vs 7.56% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 28.01% vs 15.35% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 522.31 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 11.55% vs 3.49% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 29.28% vs 10.22% in Mar 2025

Quarterly - % of Net NPAs

% of Net NPAs 0.18%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 is -0.02% vs -0.06% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -0.18% vs -0.49% in Mar 2025

Quarterly - % of Gross NPAs

% of Gross NPAs 0.73%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 is -0.18% vs -0.10% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -0.52% vs -0.19% in Mar 2025