Tamilnad Mercantile Bank Limited · NSE:TMB
Tamilnad Mercantile Bank — Q3 FY2026 Earnings Presentation
36 slides from Tamilnad Mercantile Bank's earnings presentation, Dec 31, 2025
Slide 1: Investor Presentation Q3 FY 2026
INVeStOaam Presentation Q3 FY 2026
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 1.Performance Highlights 2.Business/Financial Performance 3.P&L and Balance Sheet 4.Asset Quality 5.Key Ratios/Parameters 6.Phygital Expansion www.tmb.bank.in 3
Slide 4: Performance Highlights Q3 FY 2026
Perfommietigs Highlights Q3 FY 2026
Slide 5: Growth Momentum Further Accelerating, Boosting Earnings
Growth Momentum Further Accelerating…. Q3FY2026 Total Business 14.28% Net Interest Income 13.28% ₹1,07,470 Cr (YoY) @ ₹646.14 Cr (YoY) Deposits 12.53% ₹ Operating Profit 14.84% ₹56,707 Cr (YoY) @ ₹468.22 Cr (YoY) CASA 14.94% ₹ Net Profit 13.74% ₹15,847 Cr (YoY) @ ₹341.50 Cr (YoY) Advances 16.30% Boo
Slide 6: Growth Momentum Carefully Crafted
Growth Momentum Carefully Crafted…. Q3FY2026 @ 27.95 % @ -0.10 % CASA Share Credit Cost (59 Bps YoY) (18 Bps YoY) @ 4.04 % @ 0.91 % Net Interest Margin GNPA (4 Bps YoY) (41 Bps YoY) @ 0.11 % @ 0.20 % Unsecured Exposure NNPA of Gross Advances (21 Bps YoY) 36 @ 2.24% New Branches opened SMA (0,1&2) (Y
Slide 7: Business Financial Performance Q3 FY 2026
Business Financial Perrekaaance Q3 FY 2026
Slide 8: Deposits Portfolio Performance
Deposits Portfolio Performance (₹ in Crores) Q-o-Q Y-o-Y Growth % Growth % Business Parameters Q3FY25 Q2FY26 Q3FY26 (Q3FY26 (Q3FY26 Over over Q2FY26) Q3FY25) Current Account 3,843 4,334 4,442 2.49% 15.62% Savings Bank Account 9,945 10,829 11,405 5.32% 14.68% CASA 13,788 15,163 15,847 4.51% 14.94% To
Slide 9: Deposits Performance – Strategic Initiatives Driving Growth
Deposits Performance – Strategic Initiatives Driving Growth (₹ in Crores) Total Deposits Deposits YoY Growth (%) CASA (₹ in Crores) CASA Share (%) 12.53% 56,707 15,847 12.32% 27.95% 55,421 15,163 27.36% 27.36% 53,803 53,689 14,411 26.78% 9.38% 14,193 26.44% 13,788 8.43% 50,392 7.68% www.tmb.bank.in
Slide 10: Advances Portfolio Performance
Advances Portfolio Performance (₹ in Crores) Q-o-Q Y-o-Y Growth % Growth % Business Parameters Q3FY25 Q2FY26 Q3FY26 (Q3FY26 (Q3FY26 Over over Q2FY26) Q3FY25) Gross Advances 43,650 46,930 50,763 8.17% 16.30% Of which Retail 8,550 11,878 14,411 21.33% 68.55% Agriculture 18,028 18,546 18,385 -0.87% 1.9
Slide 11: Advances Performance
Advances Performance (₹ in Crores) (₹ in Crores) Gross Advances Advances YoY Growth (%) MSME MSME YoY Growth (%) 16.30% 8.43% 14,910 50,763 13.71% 5.26% 13,968 46,930 1.44% 11.00% 13,751 10.45% 45,120 10.34% 13,520 -0.49% 44,366 13,452 -1.02% 43,650 www.tmb.bank.in 11
Slide 12: Unsecured Exposure
Unsecured Exposure % of Unsecured Exposure to Amount of Unsecured Exposure total advances Amount of NPA in Unsecured Exposure 0.31% 0.30% 0.30% 0.28% 138.71 138.55 1.48 131.17 125.13 53.45 0.55 0.54 0.50 0.11% 0.30 (₹ in Crores) (₹ in Crores) www.tmb.bank.in 12
Slide 13: Sector-Wise Exposure and Export Credit
Sector-Wise Exposure and Export Credit (₹ in Crores) Sectoral Exposure as on Sectoral % to MSME & Corporate Export Credit 31.12.2025 Exposure Sectors Of which Of which Export Total Export Credit Total % Credit % Export Credit vs Share of Sectoral contribution of Wholesale Traders 3320.25 56.15 18.48
Slide 14: P&L & Balance Sheet Q3 FY 2026
P&L & Balance Sheet Q3 FY 2026
Slide 15: Financial Performance
Financial Performance (₹ in Crores) 3 Months 9 Months Y-o-Y Y-o-Y Financial Parameters Growth Growth Q3FY25 Q3FY26 (Q3FY26 31.12.24 31.12.25 (31.12.25 over Over Q3FY25) 31.12.24) Financial performance impacted by one time recovery in written off Interest Income 1331.02 1469.41 10.40% 3949.58 4269.04
Slide 16: Strong Shareholder Value
Strong Shareholder Value 1.89% 18.96 1.81% 18.44 1.82% 19.25 ROA (%) 20.05 Earnings Per Share 1.85% 21.57 1.97% www.tmb.bank.in (in ₹) 550.38 14.44% 568.90 13.79% 589.09 13.30% ROE (%) 596.38 13.77% Book Value Per Share 617.22 14.22% (in ₹) 8715 9009 9328 Net Worth 9444 16 9774 (₹ in Crores)
Slide 17: Balance Sheet
Balance Sheet (₹ in Crores) Liabilities (₹ in Crores) As on As on As on As on As on Particulars 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 Capital 158.35 158.35 158.35 158.35 158.35 Reserves and Surplus 8,557.07 8,850.34 9,169.92 9,285.35 9,615.48 Deposits 50,392.27 53,688.96 53,803.20 5
Slide 18: Asset Quality Q3 FY 2026
Q3 FY 2026 ASSET QUALITY
Slide 19: Movement of NPA
Movement of NPA (₹ in crores) Particulars Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Opening Balance of Gross NPA 584.45 576.38 556.13 549.12 474.45 i)Cash Recovery 56.05 39.16 26.43 26.97 31.19 ii)Upgradation 5.87 9.95 2.62 4.34 2.31 iii)Write Off 0.00 25.59 0.00 66.02 0.00 Total Reduction* (i+ii+iii) 61.9
Slide 20: Asset Quality
Asset Quality GNPA GNPA % NNPA NNPA % 1.32% 0.41% 576.38 1.25% 177.59 1.22% 556.13 549.12 0.36% 160.45 0.33% 147.37 121.52 474.45 1.01% 0.26% 462.83 100.08 0.91% 0.20% (₹ in Crores) (₹ in Crores) www.tmb.bank.in 20
Slide 21: Segment-Wise NPA (Collateral Coverage Details)
Segment-Wise NPA (Collateral Coverage Details as on 31.12.2025) (₹ in Crores) Advances GNPA Collateral Parameter as of as of GNPA% Provision Coverage 31.12.2025 31.12.2025 (NPA) ❖ 115.90% average collateral Retail 14,411.04 29.10 0.20% 15.01 129.26% available for NPA. ❖ Portfolio expected loss to be
Slide 22: Slippage – Under Control
Slippage – Under Control (₹ in crores) Fresh Slippage Slippage Ratio (%) 0.13% 0.13% 54 54 ▼59.37% YoY 0.05% 0.05% 0.05% 22 23 22 Slippage in Retail Slippage in Agri Slippage in MSME Slippage in Others 7 13 35 6 10 29 3 19 6 3 3 15 15 3 2 3 1 0 0 0 (₹ in crores) (₹ in crores) (₹ in crores) (₹ in cro
Slide 23: SMA – Trending Down
SMA – Trending Down (₹ in crores) (₹ in crores) (₹ in crores) (₹ in crores) SMA 0 SMA 1 SMA 2 TOTAL SMA 1645 594 514 537 1378 537 449 462 1252 424 1130 1139 455 379 373 389 390 360 326 355 SMA 0% on Gross Advances SMA 1% on Gross Advances SMA 2% on Gross Advances SMA Total on Gross Advances 3.77% 1.
Slide 24: Stressed Assets – Declining Trend Continues
Stressed Assets – Declining Trend Continues… 2.16% Stressed Assets Ratio (%) 2.01% 1.88% 1.59% 1.40% (₹ in crores) Particulars Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Standard Restructure advances 367.43 333.80 297.11 271.37 246.17 Gross NPA 576.38 556.13 549.12 474.45 462.83 Total Stressed Assets 943.81
Slide 25: Impact of New Regulations
Impact of New Regulations Impact of Expected Credit Loss (ECL) – w.e.f.01.04.2027 ❖ ₹264 crore additional provisions Standard Assets ₹152 crore Current Bad & doubtfull assets ₹311 crore ❖ CRAR Impact up to 88 Bps IRAC Non-performing Investment ₹56 crore norms Total ₹520 crore ❖ 18 Bps over 5-years S
Slide 26: Key Ratios Parameters Q3 FY 2026
Key Ratios Parameters Q3 FY 2026
Slide 27: Key Ratios / Parameters (1/2)
10.17% 5.97% 10.03% 6.01% 10.02% 6.01% 9.97% 5.90% Cost of Deposits (%) Yield on Advances (%) 9.99% 5.83% Key Ratios / Parameters (1/2) 9.34% 5.99% 9.24% 6.02% www.tmb.bank.in 9.17% 6.02% Cost of Funds (%) 9.07% 5.91% Yield on Funds (%) 9.18% 5.84% 4.00% 0.08% 3.91% 0.16% 3.84% 0.06% NIM (%) Credit
Slide 28: Key Ratios / Parameters (2/2)
Key Ratios / Parameters (2/2) Capital Adequacy (%) Cost to Income Ratio (%) CET-1 CRAR 49.15% 32.71% 47.42% 46.31% 31.55% 30.96% 44.40% 31.24% 30.08% 43.81% 29.35% 29.99% 29.40% 28.53% 27.88% PCR% With technical write-off PCR% Without technical write-off 78.35% 96.08% 95.30% 74.36% 73.04% 94.32% 93.
Slide 29: Phygital Expansion Q3 FY 2026
Phygital Expansion Q3 FY 2026
Slide 30: Channel-Wise Digital Transaction Trends
Channel-Wise Digital Transaction Trends Shift in customer behaviour TMB M-Bank usage trend Digital Vs Branch Volume (₹in crore) Volume vs Transaction count Transactions count 14,000 62 65 Trnx count (in lakhs) 61 DIGITAL 12,000 60 12,136 11,913 25.00 97.50% 10,960 BRANCH 10,000 10,615 55 10,071 54 D
Slide 31: Modernisation of Bank Underway
Modernisation of Bank Underway Oracle Fusion Workflow Fintech Digital Banking Implementation Automation Partnerships Transformation STRATEGIC IT INITIATIVES COMPLETED Implementation of Oracle Fusion Office Automation-Internal Collaborating with Wegofin Digital Upgradation of Internet (HCM, CX & VMS)
Slide 32: Strategic HR Initiatives Driving Banking Excellence
Strategic HR Initiatives Driving Banking Excellence 1043 Campus Recruitment Drive New Hires Talent pipeline through Across all verticals Strategic Leadership recruitment of 172 Assistant Expansion 20 575 Managers and 403 CSEs Onboarding of 20 high- from premier institutions to performing Branch Head
Slide 33: Expanding Our Footprint to Accelerate Growth
Expanding Our Footprint to Accelerate Growth… 614 578 448 425 153 166 As of 31.03.25 As of 31.01.26 Total Branches TN Branches Non-TN Branches www.tmb.bank.in 33
Slide 34: CSR & ESG
CSR & ESG Sports Empowerment Support to the Environment Green Transportation Education Infrastructure Sponsorship for the renovation Sponsored for distribution of Sponsorship of E-Richshaw Handover of the newly of the Swimming Pool at the palm seeds to the farmers / Garbage Collection Vehicle, const
Slide 35: Awards & Accolades
Awards & Accolades Winner – Best Performance on Risk Management The Bank has been recognized as the Joint Winner (Private Sector Bank – Small), awarded by Indian for Best Performance on Asset Quality in the Chamber of Commerce (ICC). Private Sector Bank (Small) category by the Indian Chamber of Comm
Slide 36: 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 Adfactors Pvt Ltd. Visit www.tmb.ba
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