Tamilnad Mercantile Bank Limited · NSE:TMB
Tamilnad Mercantile Bank — Q4 FY2026 Earnings Presentation
42 slides from Tamilnad Mercantile Bank's earnings presentation, Apr 27, 2026
Slide 1: Exchange filing cover letter
Secretarial Section Head Office, 57- V.E. Road, Thoothukudi – 628 002. ☏: 0461-2325136 e-mail : secretarial@tmbank.in CIN: L65110TN1921PLC001908 Ref.No.TMB.SE.09/2026-27 27.04.2026 The Manager The Manager National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Plot No. C/1,
Slide 2: Investor Presentation Q4 FY 2026
Investor. Presentation Q4 FY 2026
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 b
Slide 4: Table of Contents
Table of Contents Performance Business / 01 02 Highlights Financial Performance P&L and Balance 03 04 Asset Quality Sheet Key Ratios / 05 06 Phygital Expansion Parameters www.tmb.bank.in 3
Slide 5: Performance Highlights Q4 FY 2026
Per i@nimepee Highlights Q4 FY 2026
Slide 6: From turnaround to takeoff: FY26 a year of transformation
FY26 - A year of transformation From turnaround to takeoff…. Foundation for growth laid Credit portfolio quality improved ❖ CASA share decline arrested, and reversed ❖ On book PCR @ 10 year high ❖ Highest Deposits growth recorded in ❖ Credit cost under Control the past 39 quarters ❖ Highest Advances
Slide 7: Growth Momentum Strengthened Further
Growth Momentum Strengthened Further…. Q4FY2026 Total Business 01 06 Net Interest Income 17.37% 24.04% (YoY) @ ₹704.45 Cr (YoY) ₹1,15,091 Cr Deposits 14.94% 02 Boosting 07 Operating Profit 29.29% (YoY) Earnings ₹61,712 Cr @ ₹522.31 Cr (YoY) CASA 03 08 Net Profit 22.35% 28.01% (YoY) ₹17,365 Cr @ ₹373
Slide 8: Growth Momentum Carefully Engineered
Growth Momentum Carefully Engineered…. Q4FY2026 @ 28.14 % @ 0.01% CASA Share Credit Cost (170 Bps YoY) (15 Bps YoY) @ 4.18% @ 0.73 % Net Interest Margin GNPA (27 Bps YoY) (-52 Bps YoY) @ 0.10% @ 0.18% Unsecured Exposure NNPA of Gross Advances (-18 Bps YoY) 44 New Branches opened @ 1.29% SMA (0,1&2)
Slide 9: Business Financial Performance Q4 FY 2026
Business Financial Penietmianea— Q4 FY 2026 Tamilnad Mercantile Bank Ltd Bea step ahead in life “a « AN . r 4 ° : . 7 , i . + & ea th, * eo 4 eott),| ¢ - a Ase BR lng é a oa _ © . = ks = =o |
Slide 10: Business Performance - Deposits
Business Performance - Deposits (₹ in Crores) Q-o-Q Y-o-Y Growth % Growth % Business Parameters Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 (Q4FY26 (Q4FY26 Over over Q3FY26) Q4FY25) Current Account 4,047 3,989 4,334 4,442 5,084 14.45% 25.62% Savings Bank Account 10,146 10,422 10,829 11,405 12,281 7.68% 21.04
Slide 11: Deposits – Growth Strengthened Across the Quarters
Deposits – Growth Strengthened Across the Quarters…. (₹ in Crores) Total Deposits Deposits YoY Growth (%) CASA (₹ in Crores) CASA YoY Growth (%) 14.94% 22.35% 17,365 61,712 15,847 14.94% 12.53% 12.32% 15,163 56,707 55,421 9.30% 53,803 53,689 14,411 4.51% 14,193 9.38% 8.43% -3.29% Our initiatives, in
Slide 12: Business Performance - Advances
Business Performance - Advances (₹ in Crores) Q-o-Q Y-o-Y Growth % Growth % Business Parameters Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 (Q4FY26 (Q4FY26 Over over Q3FY26) Q4FY25) Retail 9,186 10,660 11,878 14,411 14,912 3.48% 62.33% Agriculture 18,591 17,987 18,546 18,385 20,084 9.24% 8.03% MSME 13,520 13
Slide 13: Advances - The Growth Momentum Sustained
Advances - The Growth Momentum Sustained…. (₹ in Crores) (₹ in Crores) Gross Advances Advances YoY Growth (%) RAM Advances RAM YoY Growth (%) 20.32% 22.35% 50,528 53,379* 47,706 50,763 16.30% 44,392 18.29% 42,099 46,930 41,297 45,120 44,366 13.19% 11.00% 13.02% 10.45% 10.34% 11.93% *Excluding: IBPC
Slide 14: Profitability at the core of Advances growth
Profitability at the core of Advances growth Retail Advances Agri Advances MSME Advances 14.88% 62.33% 10.52% 9.72% 8.03% 2.58% 9.98% 2.04% 0.88% 0.16% 0.13% 2.21% Portfolio-mix FY2025 Portfolio-mix FY2026 6.92% 5.33% 20.71% 27.94% 30.47% 29.10% 41.90% 37.63% Retail Agri MSME Others Retail Agri MSME
Slide 15: Gold Loan Portfolio - Gold Standard
Gold Loan Portfolio - Gold Standard Gold Loan Growth Sensitivity: LTV vs Gold Price (as of 21.04.2026) Portfolio Gold Price %of Gold loan LTV % (Drop %) above market price 24790 (on net weight) 23311 @ current Price 54.29 % NIL 21022 19229 10% 60.33% NIL 20% 67.87% NIL 18249 25% 72.39% 0.01% Q4FY25
Slide 16: 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% 0.99% 0.31% 0.30% 138.71 138.55 0.28% 0.55 0.54 0.54 125.13 0.50 0.43% 0.36% 0.22% 54.42 53.45 0.11% 0.10% 0.30 (₹
Slide 17: Sector-Wise Exposure and Export Credit
Sector-Wise Exposure and Export Credit (₹ in Crores) Sectoral Exposure as on Sectoral % to MSME & Corporate 31.03.2026 Exposure Export Credit Sectors Of which Of which Export Total Total % Export Credit Credit % Wholesale Traders 3,549.08 130.61 19.31% 0.71% Country-wise Sectoral contribution of Tex
Slide 18: P&L & Balance Sheet Q4 FY 2026
Q4 FY 2026 Balance Sheet P&L &
Slide 19: Robust Financial Performance
Robust Financial Performance (₹ in Crores) 3 Months 12 Months ➢ Q4FY26 performance moderated by Y-o-Y Y-o-Y front-loading impact of ₹49.80 crores Financial Parameters Growth Growth provision for PBI for FY2026, normally Q4FY25 Q4FY26 (Q4FY26 31.03.25 31.03.26 (31.03.26 over Over accounted for in the
Slide 20: Enhanced Shareholder Value
Enhanced Shareholder Value (in ₹) (in ₹) (₹ in Crores) Earnings Per Share Book Value Per Share Net Worth Q-o-Q 10110 23.60 638.46 9774 21.57 617.22 20.05 19.25 9444 18.44 596.38 9328 589.09 9009 568.90 (₹ in Crores) ROA (%) ROE (%) Net Worth 15.03% 2.05% 10110 Y-o-Y 9009 1.97% 7921 14.22% 6928 13.79
Slide 21: Balance Sheet
Balance Sheet (₹ in Crores) Liabilities (₹ in Crores) As on As on As on As on As on Particulars 31.03.2025 30.06.2025 30.09.2025 31.12.2025 31.03.2026 Capital 158.35 158.35 158.35 158.35 158.35 Reserves and Surplus 8,850.34 9,169.92 9,285.35 9,615.48 9,951.81 Deposits 53,688.96 53,803.20 55,420.76 5
Slide 22: Asset Quality Q4 FY 2026
Quality Q4 FY 2026
Slide 23: Movement of NPA
Movement of NPA (₹ in crores) Particulars Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 FY2025 FY2026 Opening Balance of Gross NPA 576.38 556.13 549.12 474.45 462.83 575.06 556.13 i)Cash Recovery 39.16 26.43 26.97 31.19 25.20 156.70 97.38 ii)Upgradation 9.95 2.62 4.34 2.31 2.61 12.90 6.18 iii)Write Off 25.59 0
Slide 24: Asset Quality
556.13 549.12 474.45 GNPA Asset Quality 462.83 388.21 (₹ in Crores) 1.25% 1.22% 1.01% GNPA % 0.91% 0.73% www.tmb.bank.in 160.45 147.37 121.52 NNPA 100.08 97.41 (₹ in Crores) 0.36% 0.33% 0.26% NNPA % 0.20% 23 0.18%
Slide 25: Segment-Wise NPA (Collateral Coverage Details)
Segment-Wise NPA (Collateral Coverage Details as on 31.03.2026) (₹ in Crores) Advances GNPA Collateral Parameter as of as of GNPA% Provision Coverage 31.03.2026 31.03.2026 (NPA) ❖ 127.52% average collateral Retail 14,911.51 19.76 0.13% 6.70 170.45% available for NPA. ❖ Portfolio loss is expected to
Slide 26: Slippage – Under Control
Slippage – Under Control (₹ in crores) Fresh Slippage Slippage Ratio (%) 0.13% ▼-31.48% 54 YoY 0.07% 0.05% 0.05% 0.05% 37 22 23 22 Slippage in Retail Slippage in Agri Slippage in MSME Slippage in Others 7 19 35 10 19 3 3 3 16 15 15 2 3 3 2 1 0 0 0 0 (₹ in crores) (₹ in crores) (₹ in crores) (₹ in cr
Slide 27: SMA – Trending Down
SMA – Trending Down (₹ in crores) (₹ in crores) (₹ in crores) (₹ in crores) SMA 0 SMA 1 SMA 2 TOTAL SMA 537 449 462 1378 424 1252 455 379 373 389 1130 1139 360 326 355 390 250 243 686 194 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 (%) 2.01% 1.88% 1.59% 1.40% 1.14% (₹ in crores) Particulars Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Standard Restructure advances 333.80 297.11 271.37 246.17 218.34 Gross NPA 556.13 549.12 474.45 462.83 388.21 Total Stressed Assets 889.93
Slide 29: Impact of New Regulations
Impact of New Regulations Impact of Expected Credit Loss (ECL) – w.e.f.01.04.2027 As of 31.03.2026 ❖ ₹279 crore additional provisions Standard Assets ₹163 crore Bad & doubtfull assets ₹230 crore ❖ CRAR Impact up to 93 Bps Current IRAC norms Non-performing ₹56 crore Investment ₹449 crore ❖ It will be
Slide 30: Key Ratios / Parameters
Slide 31: Key Ratios / Parameters (1/3)
Key Ratios / Parameters (1/3) Cost of Deposits (%) Cost of Funds (%) Credit Cost (%) 0.16% 0.15% 6.02% 6.02% 6.01% 6.01% 5.91% 5.90% 0.06% 5.84% 5.83% 0.01% 5.72% 5.71% -0.10% Yield on Advances (%) Yield on Funds (%) NIM (%) 4.18% 4.04% 9.24% 9.19% 10.03% 9.18% 10.02% 9.17% 9.99% 9.97% 9.93% 9.07% 3
Slide 32: Key Ratios / Parameters (2/3)
Key Ratios / Parameters (2/3) Capital Adequacy (%) Cost to Income Ratio (%) CET-1 CRAR 49.15% 33.73% 47.42% 32.71% 31.55% 44.80% 32.27% 30.96% 44.40% 43.81% 30.08% 31.24% 29.99% 29.40% 28.53% PCR% With technical write-off PCR% Without technical write-off 96.14% 96.08% 78.35% 74.36% 74.89% 73.04% 71.
Slide 33: Key Ratios / Parameters (3/3)
Key Ratios / Parameters (3/3) NIM (%) ROA (%) ROE (%) 4.07% 1.93% 13.99% -9 Bps +5 Bps +2 Bps 3.98% 1.88% 13.97% NIM with HOT interest recovery Credit Cost (%) Cost to Income Ratio (%) 0.41% 45.50% -38 Bps +90 Bps 44.60% 0.03% www.tmb.bank.in 32
Slide 34: Phygital Expansion Q4 FY 2026
Phygital Expansion Q4 FY 2026
Slide 35: Broadening our Presence to Drive Growth
Broadening our Presence to Drive Growth… 622 44 578 Branches 454 425 opened in FY2026 168 153 As of 31.03.25 As of 31.03.26 Total Branches TN Non-TN www.tmb.bank.in 34
Slide 36: Accelerated Branch expansion
Accelerated Branch expansion….. New Branches opened 44 New Branches opened 26 post listing contributed 21 22 15% incremental Business growth Contribution of new branches to (₹ in crores) Business Per New Branch business growth ➢ Branch Managers are deployed in advance of Branch opening to drive 40.1
Slide 37: Channel-Wise Digital Transaction Trends
Channel-Wise Digital Transaction Trends Shift in customer behaviour TMB M-Bank usage trend Digital Vs Branch Volume vs Transaction count Transactions count 60,000 285 DIGITAL 50,000 237 235 80.00 98.00% 48,360 BRANCH 40,000 Volume (₹in crore) 165 96.85% DIGITAL SHARE % Trnx count (in lakhs) 140 40,2
Slide 38: Modernisation of Bank Underway
Modernisation of Bank Underway Oracle Fusion Workflow AI Implementation Automation Call Center STRATEGIC IT INITIATIVES COMPLETED Implementation of Oracle Fusion Office Automation-Integrated A new state-of-the-art (HCM, CX & VMS) Online Approval System Call Centre facility Automated Treasury Loan Ma
Slide 39: HR-Strategic Initiatives during the FY2026
HR-Strategic Initiatives during the FY2026 • Implementation of Oracle • Digital onboarding & pre- • Payroll & pension processing • AI support for HR queries • TA bill & transfer & policy guidance Cloud Fusion HCM (from boarding Apr 2025) • Employee master data automation • Automated document & • TMB
Slide 40: CSR & ESG
CSR & ESG Skill Development Voter awareness Green Initiative Health Care Support Foundation laid for a Skill Sponsored a voter awareness Sponsored the Garden Sponsored the development of Development center in programme in association with development at Arulmigu the Nellai Cancer Institute, Madurai.
Slide 41: Awards & Accolades
Awards & Accolades Winner – Best Private Sector Bank (Other Winner – Enterprise-wide Digital Transformation Category), National Level – SFBCK Banking Excellence Award – Oracle (AI Fusion Category) Excellence Awards 2025 Winner – Gold in the Cyber Shield Innovation Winner – Sliver in the Digital CX T
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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