Tamilnad Mercantile Bank Limited · NSE:TMB
Tamilnad Mercantile Bank — Q1 FY2027 Earnings Presentation
42 slides from Tamilnad Mercantile Bank's earnings presentation, Jun 30, 2026
Slide 1: Trusted Since 1921, Modernizing for the Future, Banking on Growth
rusted Since 1921 odernizing for the Future anking on Growth
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Tamilnad Mercantile Bank Ltd., (“the Bank”) solely by the Bank for information purposes only. This presentation is not a complete description of the Bank, and the information contained herein is only current as of its date and has not been verified b
Slide 3: Table of Contents
Table of Contents Performance 01 Highlights Business / Financial 02 Performance P & L and 03 Balance sheet Asset 04 Quality Key Ratios / 05 Parameters Phygital 06 Expansion www.tmb.bank.in 3
Slide 4: Performance Highlights Q1 FY2026-27
Performance Highlights QI FY2026-27 ly”
Slide 5: Q1FY27 – Adding Value Through Purposeful Growth
Q1FY27 – Adding Value Through Purposeful Growth... Total Business Growth % ❖ 8.82% 10 year CAGR ❖ Driven by Strong ❖ Stressed NFB fully ❖ ROE @15.93% to 23% Net Interest Income provided ❖ Highest in last 14 ❖ Net Profit highest ❖ Gross & Net NPA % ❖ Quarterly EPS @ years ever continue to decline ₹25
Slide 6: Value Driven Growth
Value Driven Growth… Total Business Net Interest 23.04% Income 32.01% ₹1,21,715 Cr (YoY) (YoY) ₹765 Cr Deposits Operating Profit 19.71% 48.22% ₹611 Cr (YoY) ₹64,409 Cr (YoY) Boosting CASA Earnings Net Profit 16.94% 34.97% ₹16,852 Cr (YoY) Q1FY2027 ₹412 Cr (YoY) Advances ROA 27.01% 32 Bps ₹57,306 Cr
Slide 7: Growth Carefully Engineered… Disciplined Performance
Growth Carefully Engineered… @ 26.16 % Q1FY2027 @ 0.09 % CASA Credit (62 Bps YoY) Share (3 Bps YoY) Cost Additionally, stressed NFB fully provided @ 94.38 % RAM @ 0.69 % GNPA (107 Bps YoY) Advances (53 Bps YoY) Disciplined @ 0.10 % Performance @ 0.17 % Unsecured NNPA (18 Bps YoY) Exposure (16 Bps Yo
Slide 8: Business Financial Performance Q1 FY2026-27
Business Financial Performance QI] FY2026-27
Slide 9: Business Performance - Deposits
Business Performance - Deposits (₹ in Crores) Q-o-Q Y-o-Y Growth % Growth % Business Parameters Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 (Q1FY27 (Q1FY27 Over over Q4FY26) Q1FY26) Current Account 3,989 4,334 4,442 5,084 4,639 -8.75% 16.28% Savings Bank Account 10,422 10,829 11,405 12,281 12,213 -0.56% 17.1
Slide 10: Deposits – Gaining Momentum
Deposits – Gaining Momentum… Incremental (₹ in Crores) Incremental (₹ in Crores) Deposits YoY Growth (%) Growth Q1FY26 Growth Q1FY27 Non –Callable Deposits: 19.71% ❖ Up by 18.44% Q.o.Q 3,210 218 ❖ 80.39% of deposits are one year 2,697 & above tenure 114 14.94% 12.53% 12.32% -104 FCNR (B) Deposits: 9
Slide 11: Business Performance - Advances
Business Performance - Advances (₹ in Crores) Q-o-Q Y-o-Y Growth % Growth % Business Parameters Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 (Q1FY27 (Q1FY27 Over over Q4FY26) Q1FY26) Retail 10,660 11,878 14,411 14,912 14,529 -2.56% 36.28% Agriculture 17,987 18,546 18,385 20,084 23,399 16.51% 30.09% MSME 13,45
Slide 12: Advances - The Growth Momentum Sustained
Advances - The Growth Momentum Sustained…. Advances YoY Growth (%) MSME YoY Growth (%) RAM YoY Growth (%) 28.47% 27.01% 20.09% 14.89% 22.35% 20.32% 8.43% 18.29% 16.30% 1.44% 13.02% 10.45% 10.34% 11.93% -1.02% www.tmb.bank.in 12
Slide 13: Advances- Profitability at the core
Advances- Profitability at the core Retail Advances Agri Advances MSME Advances Other Advances 20.09% 7.41% 36.28% 30.09% 6.69% 6.11% 10.54% 10.07% 2.32% 10.03% 2.66% 0.55% 0.99% 2.34% 0.08% 0.14% Portfolio-mix Q1FY26 Portfolio-mix Q1FY27 6.70% 5.62% 23.63% 25.36% 29.81% 28.19% 39.86% 40.83% Retail
Slide 14: Gold Loan Portfolio - Gilt Edged
Gold Loan Portfolio - Gilt Edged… Gold Loan Growth Sensitivity: LTV vs Gold Price (as of 23.07.2026) Portfolio Gold Price %of Gold loan LTV % 27404 (Drop %) above market price (on net weight) 24790 @ current Price 61.32% NIL 23311 21022 10% 68.13% NIL 19229 20% 76.65% 0.80% 25% 81.76% 7.83% Q1FY26 Q
Slide 15: Unsecured Exposure – Strategically Contained
Unsecured Exposure – Strategically Contained % of Unsecured Exposure to Amount of Unsecured Exposure Amount of NPA in Unsecured Exposure NPA % in Unsecured Exposure total advances 1.03% 0.30% 0.99% 0.96% 0.28% 138.55 0.56 0.54 0.55 0.54 125.13 0.50 0.43% 0.36% 58.28 54.42 53.45 0.11% 0.10% 0.10% (₹
Slide 16: Sector-Wise Exposure and Export Credit
Sector-Wise Exposure and Export Credit (₹ in Crores) Sectoral % to MSME & Corporate Sectoral Exposure as on 30.06.2026 Exposure Sectors Export Credit Of which Export Of which Export Total Total % Credit Credit % Wholesale Traders 3,717.09 52.45 19.18 7.66 Country-wise Textiles 2,254.33 126.50 11.63
Slide 17: 03
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Slide 18: Robust Financial Performance
Robust Financial Performance (₹ in Crores) Q-o-Q Y-o-Y Growth Growth FY2026 Q1FY26 Q4FY26 Q1FY27 Financial Parameters (12M) (3M) (3M) (3M) (Q1FY27 (Q1FY27 over over Q4FY26) Q1FY26) Interest Income 5819.42 1386.24 1550.38 1662.43 7.23% 19.92% Non-Interest Income 877.07 231.23 241.78 238.36 -1.41% 3.0
Slide 19: Balance Sheet
Balance Sheet (₹ in Crores) Liabilities (₹ in Crores) As on As on As on As on As on Particulars 30.06.2025 30.09.2025 31.12.2025 31.03.2026 30.06.2026 Capital 158.35 158.35 158.35 158.35 158.35 Reserves and Surplus 9,169.92 9,285.35 9,615.48 9,951.81 10,403.67 Deposits 53,803.20 55,420.76 56,706.77
Slide 20: Enhanced Shareholder Value
Enhanced Shareholder Value 1.82% 19.25 1.85% 20.05 1.97% 21.57 ROA (%) 23.60 Earnings Per Share 2.05% 25.99 2.14% www.tmb.bank.in (in ₹) 13.30% 589.09 13.77% 596.38 617.22 14.22% ROE (%) 638.46 15.03% Book Value Per Share 667.00 15.93% (in ₹) 9328 9444 9774 Net Worth 10110 20 10562 (₹ in Crores)
Slide 21: Shareholding Pattern
Shareholding Pattern 30.06.2025 31.03.2026 30.06.2026 0.000% 0.348% 0.577% 4.576% 6.190% 6.730% 14.620% 13.702% 13.465% 22.425% 22.425% 22.425% 58.379% 57.335% 56.803% Mutual Funds Mutual Funds Mutual Funds Foregin Portfolio Investors Foregin Portfolio Investors Foregin Portfolio Investors Overseas
Slide 22: Asset Quality Q1 FY2026-27
QI] FY2026-27
Slide 23: Movement of NPA
Movement of NPA (₹ in crores) Particulars Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Opening Balance of Gross NPA 556.13 549.12 474.45 462.83 388.21 i)Cash Recovery 26.43 26.97 31.19 25.20 31.32 ii)Upgradation 2.62 4.34 2.31 2.61 1.37 iii)Write Off 0.00 66.02 0.00 83.67 0.00 Total Reduction* (i+ii+iii) 29.0
Slide 24: Asset Quality
549.12 474.45 462.83 GNPA Asset Quality 388.21 398.08 (₹ in Crores) 1.22% 1.01% 0.91% GNPA % 0.73% 0.69% www.tmb.bank.in 147.37 121.52 100.08 NNPA 97.41 98.00 (₹ in Crores) 0.33% 0.26% 0.20% NNPA % 0.18% 24 0.17%
Slide 25: Segment-Wise NPA (Collateral Coverage Details as on 30.06.2026)
Segment-Wise NPA (Collateral Coverage Details as on 30.06.2026) (₹ in Crores) Advances GNPA Collateral Parameter as of as of GNPA% Provision Coverage 30.06.2026 30.06.2026 (NPA) ❖ 145.28% average collateral Retail 14,528.98 20.97 0.14% 9.26 162.92% available for NPA. ❖ Portfolio loss is expected to
Slide 26: Slippage – Stable
Slippage – Stable (₹ in crores) Fresh Slippage Slippage Ratio (%) 0.08% 0.07% 43 0.05% 0.05% 0.05% 37 22 23 22 Slippage in Retail Slippage in Agri Slippage in MSME Slippage in Others 3 3 3 3 19 37 3 2 19 15 15 16 3 3 1 0 0 0 0 0 (₹ in crores) (₹ in crores) (₹ in crores) (₹ in crores) Figures are rou
Slide 27: SMA – Under Control
SMA – Under Control (₹ in crores) (₹ in crores) (₹ in crores) (₹ in crores) SMA 0 SMA 1 SMA 2 TOTAL SMA 379 373 462 1378 537 553 360 1265 424 1252 455 330 389 1139 382 390 250 243 686 194 SMA 0% on Gross Advances SMA 1% on Gross Advances SMA 2% on Gross Advances Total SMA on Gross Advances 1.19% 3.0
Slide 28: Stressed Assets – On a Downward Trajectory
Stressed Assets – On a Downward Trajectory… Stressed Assets Ratio (%) 1.88% 1.59% 1.40% 1.14% 1.06% (₹ in crores) Particulars Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Standard Restructure advances 297.11 271.37 246.17 218.34 208.17 Gross NPA 549.12 474.45 462.83 388.21 398.08 Total Stressed Assets 846.23
Slide 29: Impact of Expected Credit Loss (ECL) – w.e.f. 01.04.2027
Impact of Expected Credit Loss (ECL) – w.e.f.01.04.2027 As of 30.06.2026 Standard Assets ₹172 crore Bad & doubtful asset ₹242 crore Non-performing Investment ₹56 crore Current IRAC norms Floating Provision for Advances ₹24 crore Other Provision ₹25 crore Total ₹519 crore Stage 1 assets ₹254 crore Ne
Slide 30: Key Ratios / Parameters Q1 FY2026-27
Key Ratios / Parameters QI FY2026-27
Slide 31: Key Ratios / Parameters (1/4)
Key Ratios / Parameters (1/4) Cost of Deposits (%) Cost of Funds (%) Credit Cost (%) 0.15% 6.02% 6.01% 0.09% 5.91% 5.90% 0.06% 5.84% 5.83% 0.01% 5.72% 5.71% 5.70% -0.10% 5.68% Yield on Advances (%) Yield on Funds (%) NIM (%) 9.33% 4.29% 10.10% 4.18% 10.02% 9.99% 9.97% 4.04% 9.19% 9.18% 9.93% 9.17% 3
Slide 32: Key Ratios / Parameters (2/4)
Key Ratios / Parameters (2/4) Capital Adequacy (%) Cost to Income Ratio (%) 49.15% CET-1 CRAR 33.73% 32.33% 44.80% 31.55% 44.40% 32.27% 43.81% 30.96% 30.08% 31.30% 29.99% 39.10% 29.40% 28.53% PCR% With technical write-off PCR% Without technical write-off 96.14% 96.04% 96.08% 78.35% 95.30% 75.36% 74.
Slide 33: Key Ratios / Parameters (3/4)
Key Ratios / Parameters (3/4) Leverage Ratio % LCR % NSFR % 150.74% 12.50% 140.74% 100.00% 100.00% 3.50% Min.Requirement Actual Min.Requirement Actual Min.Requirement Actual As of 30.06.26 As of 30.06.26 As of 30.06.26 CD Ratio % Max. possible CD Ratio (as of 30.06.26) Liabilities Actuals Assets Len
Slide 34: Key Ratios / Parameters (4/4)
Key Ratios / Parameters (4/4) (₹ in crores) (₹ in crores) (₹ in lakhs) Business per Branch Business per Employee Profit per Employee 193.81 23.98 32.12 23.75 31.16 185.03 21.86 27.80 177.34 20.46 172.31 25.40 169.10 19.73 24.32 *Annualized 325 new employees recruited during Q1FY27 www.tmb.bank.in 34
Slide 35: Phygital Expansion Q1 FY2026-27
Phygital Expansion Q1 FY2026-27
Slide 36: Broadening our Presence to Drive Growth
Broadening our Presence to Drive Growth… 628 586 457 431 6 Branches opened in Q1FY27 171 155 As of 30.06.25 As of 30.06.26 Total Branches TN Non-TN www.tmb.bank.in 36
Slide 37: Channel-Wise Digital Transaction Trends
Channel-Wise Digital Transaction Trends Shift in customer behaviour TMB M-Bank usage trend Digital Vs Branch Value (₹in crore) Volume vs Transaction count Transactions count 16,000 Trnx count (in lakhs) 62 60 60 65 97.45% 14,000 61 13,525 20.73 13,352 20.00 97.40% 12,000 54 60 19.86 12,136 11,913 97
Slide 38: Building Future Ready Bank
Building Future Ready Bank…. Human Capital Management DEH-Digital Engagement Hub (State of art Internet Banking) Customer Experience (CX) Visitor Management System Vendor Management System AI enhanced Call Center New Anti Money Laundering Application SAAS enabled Email Solution Loan Origination Syst
Slide 39: CSR & ESG
CSR & ESG Skill Development Education Support Skill Training Health Care Support Successfully concluded the BFSI Sponsored a 26 seater school Conducted a skill training Sponsored an Ambulance and a Phase II Programme at MS bus to Shine School, prgramme for women on dry fish High-Tech Dialysis machin
Slide 40: Awards & Accolades
Awards & Accolades Atal Pension Yojana Express BFSI PLATINUM for FIN360 Awarded for Annual awards FY2025-26 Technology awards 2026 by Infosys Agentic AI Recognized as the Recognized as the Winner Received the Platinum Awarded for Excellence in “Ultimate Achiever” under for excellence in banking Awar
Slide 41: Additional Disclosure
Additional Disclosure SHOW CAUSE NOTICE (SCN) BY DIRECTORATE OF ENFORCEMENT (ED) ED ISSUED 2 SCNs: ▪ For alleged contraventions in transfer of shares. SCN 1: ▪ Adjudicated and a penalty of ₹17 crores imposed. (17.12.2014) ▪ Bank appealed. SCN 2: ▪ For alleged contraventions in issuance of bonus shar
Slide 42: Investor Relations Contacts
Investor Relations Contacts Mr. Swapnil Yelgaonkar, Mr. Sanjoy Kumar Goel, Chief Financial Officer, Company Company Secretary & CFO Contact Compliance Officer, Mobile : 63852 28111 Secretary Mobile : 96595 23378 Email : cfo@tmbank.in Email : cs@tmbank.in Adfactors Pvt Ltd. Visit www.tmb.bank.in Adfa
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