Tamilnad Mercantile Bank Limited · NSE:TMB
Tamilnad Mercantile Bank — Q3 FY2025 Earnings Presentation
39 slides from Tamilnad Mercantile Bank's earnings presentation, Jan 29, 2025
Slide 1: Exchange filing cover letter for investor presentation
Secretarial Section Head Office, 57- V.E. Road, Thoothukudi – 628 002. ☏: 0461-2325136 e-mail : secretarial@tmbank.in CIN: L65110TN1921PLC001908 Ref.No.TMB.SE.178/2024-25 29.01.2025 The Manager, The Manager, National Stock Exchange of India Ltd, Bombay Stock Exchange limited, Exchange Plaza, 5th Flo
Slide 2: Investor Presentation
Investor Presentation
Slide 3: 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 by
Slide 4: Deposit Portfolio Crosses ₹50,000 Crores
Deposit Portfolio Crosses ₹ 50,000 Crores We thank our beloved customers
Slide 5: Table of contents
Table of contents 1 Performance Highlights 6 New Initiatives 2 Key Ratios / Parameters 7 Network Expansion 3 Asset Quality 8 Strategic Partners Business / Financial 4 Performance 9 External Ratings 5 Balance Sheet www.tmb.in 4
Slide 6: Performance highlights Q3FY2025
Slide 7: Performance Highlights for the Quarter (Year-on-Year basis)
Performance Performance Highlights Highlights for thefor the Quarter Quarter (Year-on-Year (Year-on-Year basis) basis) Operating Profit has improved to ₹408 crore from ₹370 crore, registering a growth of 10% Net profit has surged to ₹300 crore from ₹284 crore, up by 6% Non-Interest Income has improv
Slide 8: Performance Highlights Q3FY25 (Y-o-Y growth)
Performance Highlights Q3FY25 (Y-o-Y growth) (₹ in Crores) 10.4% TOTAL BUSINESS 95000 11.0% 94000 10.0% 7.8% 94042 93000 9.0% 6.8% ₹ in crores Growth % 92000 8.0% 7.0% 89485 4.8% 91875 91000 6.0% 90000 5.0% 90041 89000 4.0% 88000 3.0% 87000 2.0% FY2024 Q1FY25 Q2FY25 Q3FY25 Total Business YoY (₹ in C
Slide 9: Shareholders Value-Enhanced
Shareholders Value-Enhanced (₹ in Crores) (in ₹) (in ₹) NET WORTH BOOK VALUE OF SHARE EPS 8800 555 20 550.38 8715 8600 19 19.15 18.96 535 18 8400 18.14 532.37 17.95 8430 17 520.63 8200 515 8244 16 15.98 8000 500.23 495 15 7921 7800 14 484.25 7600 475 7668 13 7400 12 455 7200 11 7000 435 10 www.tmb.i
Slide 10: Key Ratios / Parameters
- Key Ratios / Parameters Q3FY
Slide 11: Key Ratios / Parameters (1/2)
Key Ratios / Parameters (1/2) (₹ in Crores) (₹ in Crores) (₹ in Crores) NET PROFIT OPERATING PROFIT NET INTEREST INCOME PCR % 310 500 610 (NII) With technical write-off 290 590 303 300 469 465 596 93.21% 400 287 270 570 284 408 94.00% 570 370 367 567 567 250 550 92.56% 300 253 230 530 537 210 200 51
Slide 12: Key Ratios / Parameters (2/2)
Key Ratios / Parameters (2/2) CAPITAL ADEQUACY % ROA % ROE % 15.11% 1.94% 29.59% 1.93% 1.95% 15.25% 29.37% 29.35% 30.00% 29.21% 14.83% 1.89% 29.00% 1.88% 1.90% 14.75% 28.12% 14.44% 27.97% 27.88% 27.74% 14.22% 28.00% 1.85% 14.25% 27.00% 25.95% 26.00% 1.80% 13.75% 24.55% 25.00% 1.75% 12.99% 13.25% 1.7
Slide 13: Efficiency Ratios (1/2)
Efficiency Ratios (1/2) CREDIT COST % COST OF FUNDS % COST TO INCOME RATIO % COST OF DEPOSITS % 49.85% 50.00% 5.99% 0.89% 1.00% 6.02% 6.00% 5.97% 49.00% 0.90% 5.95% 0.80% 5.97% 48.00% 46.73% 5.90% 46.31% 0.70% 5.92% 47.00% 5.88% 5.90% 0.55% 5.90% 0.60% 5.92% 46.00% 0.50% 5.85% 45.00% 0.40% 43.51% 5.
Slide 14: Efficiency Ratios (2/2)
Efficiency Ratios (2/2) 10.47% 4.24% 9.53% YIELD ON ADVANCES % 4.25% YIELD ON FUNDS % NIM % 10.50% 9.55% 4.25% 10.45% 9.50% 4.20% 4.12% 10.30% 10.40% 4.08% 10.35% 9.45% 4.15% 10.25% 9.38% 10.22% 10.30% 9.40% 4.10% 10.17% 10.25% 9.33% 9.32% 4.00% 4.05% 10.20% 9.35% 9.34% 10.15% 4.00% 9.30% Ratios Exc
Slide 15: Asset Quality
Asset Quality
Slide 16: NPA
NPA (₹ in crores) (₹ in crores) GROSS NPA NET NPA 1.70% 1.69% 400.00 0.98% 1.00% 649.13 600.00 1.65% 375.34 587.66 584.45 350.00 0.85% 576.38 575.06 0.90% 335.82 500.00 1.60% 300.00 0.80% 400.00 1.55% 250.00 261.56 1.50% 200.00 0.70% 300.00 194.77 1.44% 1.44% 0.65% 177.59 1.45% 150.00 200.00 0.60% 1
Slide 17: NPA Sector-wise
NPA Sector-wise (₹ in Crores) (₹ in Crores) Gross NPA Composition Q3FY24 Q3FY25 1.75% 700 649 RETAIL 45 36 1.69% 1.70% 588 584 576 AGRI 62 56 575 600 1.65% 221 MSME 321 209 500 1.60% OTHERS 221 275 270 274 284 275 1.55% 400 TOTAL GNPA 649 576 1.50% Net NPA 375 178 300 321 1.44% 1.44% 1.45% 238 230 2
Slide 18: Slippage Ratio & Sector-wise Slippage
Slippage Ratio & Sector-wise Slippage (₹ in Crores) SLIPPAGE RATIO % TOTAL SLIPPAGES 0.24% 100 0.22% 82 0.22% 75 0.20% 60 63 55 54 0.18% 50 0.16% 0.16% 0.16% 0.14% 25 0.14% 0.13% 0.12% 0 RETAIL AGRI MSME OTHERS 16 14 13 70 62 30 14 14 12 60 12 50 20 10 9 42 10 9 9 20 8 40 34 32 8 7 29 6 6 30 6 5 10
Slide 19: Movement of NPA
Movement of NPA (₹ in crores) Particulars Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Opening Balance of Gross NPA 643.84 649.13 575.06 587.66 584.45 i)Cash Recovery 53.88 65.56 36.55 43.31 56.05 ii)Upgradation 22.61 14.09 6.29 21.43 5.87 iii)Write Off 0.00 53.77 0.00 1.50 0.00 Total Reduction* (i+ii+iii) 76
Slide 20: SMA Bucket-wise
SMA Bucket-wise (₹ in crores) (₹ in crores) (₹ in crores) (₹ in crores) SMA 0 SMA 1 SMA 2 TOTAL SMA 1000 949 700 580 2500 883 604 561 900 573 567 2048 2034 600 560 800 714 514 2000 1771 500 468 540 537 1588 1645 700 608 594 512 512 1500 600 400 520 500 400 300 500 490 1000 300 200 480 200 500 100 46
Slide 21: SMA Sector-wise
SMA Sector-wise (₹ in crores) (₹ in crores) (₹ in crores) (₹ in crores) SMA - RETAIL SMA - AGRI SMA - MSME SMA - OTHERS 1000 200 1000 902 893 140 884 872 121 900 812 900 110 159 756 120 800 727 753 800 99 141 668 690 700 700 100 90 125 113 77 600 600 80 100 94 500 500 60 400 400 300 300 40 200 200 2
Slide 22: SMA + NPA Trend
SMA + NPA SMA + NPA TREND 3000 7.50% 7.03% 2697 2622 2500 7.00% 2355 2221 2163 2000 6.42% 6.50% ₹ in crore In % 1500 6.00% 1000 5.53% 5.41% 5.50% 500 5.09% 0 5.00% Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 SMA + NPA SMA + NPA % www.tmb.in 21
Slide 23: Stressed Assets
Stressed Assets 3.30% 3.08% 3.10% 2.90% 2.70% 2.70% 2.55% 2.50% 2.42% 2.30% 2.16% 2.10% (₹ in crores) Particulars Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Standard Restructured 533.71 503.76 454.95 443.22 367.43 advances Gross NPA 649.13 575.06 587.66 584.45 576.38 Total Stressed Assets 1182.84 1078.82 10
Slide 24: Restructured Advances
Restructured Advances (₹ in Crores) Q-o-Q Y-o-Y Growth Growth Particulars Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 (Q3FY25 (Q3FY25 Over over Q2FY25) Q3FY24) Advances (Gross) 38385.87 39970.40 40852.76 42533.25 43649.59 2.62% 13.71% Restructured Assets 599.17 570.02 532.88 515.85 416.36 -19.29% -30.51% Of
Slide 25: Sector-wise Restructured Accounts
Sector-wise Restructured Accounts (₹ in Crores) Q-o-Q Y-o-Y Growth Growth Sector Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 (Q3FY25 (Q3FY25 Over over Q2FY25) Q3FY24) 1.Retail 157.12 153.87 147.71 142.44 136.04 -4.49% -13.42% 2.AGRI 25.08 32.73 31.99 30.61 24.03 -21.50% -4.19% 3.MSME 323.18 302.23 276.64 262
Slide 26: Business / Financial Performance
) Pe Business / IN\B: Bonk Lid Financial Performance P Bea step ahead in Ite Q3FY 2025
Slide 27: Deposits Portfolio
Deposits Portfolio (₹ in Crores) Q3FY25 Y-o-Y Growth Business Parameters Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 (Q3FY25 over Q3FY24) Bulk Term Deposits 11% CASA 27% A. CASA 13,865 14,676 13,789 13,873 13,788 -0.56% Retail Term Deposits B. Total Term Deposits 32,934 34,839 35,399 35,469 36,605 11.15% 62%
Slide 28: Advances Portfolio
Advances Portfolio (₹ in Crores) (₹ in Crores) Y-o-Y Growth Q3FY25 Particulars Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 (Q3FY25 over Q3FY24) Others Gross Advances 38,386 39,970 40,853 42,533 43,650 13.71% 3,322 Retail Of which 8% 8,550 Retail Sector 8,469 8,478 8,335 8,477 8,550 0.96% 20% Agriculture 13,3
Slide 29: Financial Performance
Financial Performance (₹ in Crores) 3 Months 9 Months Y-o-Y Y-o-Y Growth Growth Financial Parameters Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 (Q3FY25 31.12.2023 31.12.2024 (31.12.2024 over over Q3FY24) 31.12.2023) Interest Income 1229.16 1253.70 1281.15 1337.41 1331.02 8.29% 3594.21 3949.58 9.89% Non-Inte
Slide 30: Balance Sheet
Tamilnad Mercantile Bank Ltd Balance Sheet Q3FY ‘Comparison of Units Sold by Year 18 ' Column Chart 2018 event % “prouct + ee) product? 1 produet Sees r < . Ea roy ry ME Product’! lM Product? ml Product 3
Slide 31: Balance Sheet
Balance Sheet (₹ in Crores) Liabilities As on As on As on As on As on 31.12.2023 31.03.2024 30.06.2024 30.09.2024 31.12.2024 Capital 158.35 158.35 158.35 158.35 158.35 Reserves and Surplus 7509.79 7762.86 8085.96 8271.89 8557.07 Deposits 46799.43 49515.07 49188.01 49342.16 50392.27 Borrowings 1215.0
Slide 32: Strategic Partners - Fintech / Business Tie-ups; New Initiatives
Strategic Partners - Fintech / Business Tie-ups New Initiatives www.tmb.in 31 (On pilot)
Slide 33: Network Expansion
Network Expansion Q3FY 2025
Slide 34: New branches opened during Q3FY25
During the Q3FY25, 5 new branches were opened.
Slide 35: Strategic Partners
“SS Strategic Partners
Slide 36: Strategic Partners - Fintech / Business Tie-ups
Strategic Partners - Fintech / Business Tie-ups Insurance Fintech www.tmb.in 35
Slide 37: External Ratings
\,\ Tamilnad Y \ Mercantile 1% Bank Ltd AY Be a step ahead in life
Slide 38: External Ratings - CRISIL
External Ratings CRISIL Ratings Fixed Deposits (short term) A1+ Certificate of Deposits A1+ www.tmb.in 37
Slide 39: Thank You
Tamilnad Mercantile Bank Limited No. 57, Victoria Extension Road, Thoothukudi – 628 002, Tamil Nadu, India Investor Contact Mr.P.A.Krishnan, Chief Financial Officer Mob: 63852 28111 E-mail: cfo@tmbank.in Mr.Swapnil Yelgaonkar, Company Secretary & Compliance Officer Mob: 96595 23378 E-mail: cs@tmbank
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