Tamilnad Mercantile Bank Limited — PPTs, 27-10-2025: Investor Presentation

Tamilnad Mercantile Bank delivered a strong performance for the quarter and half-year ended September 30, 2025.

**Business Performance:** Total Business grew 11.40% YoY to ₹1,02,351 Cr, driven by Deposits up 12.32% to ₹55,421 Cr and Gross Advances up 10.34% to ₹46,930 Cr. The bank recorded its highest year-on-year growth since listing. Adjusted Net Profit increased 4.73% YoY to ₹318 Cr, and Operating Profit rose 19.83% YoY. GNPA hit a 10-year low at 1.01%, with NNPA at 0.26%. CASA share improved to 27.36%.

**Growth Drivers & Recent Developments:** The bank expanded its footprint by opening its 600th branch. Strategic digital initiatives are gaining momentum, including new Transaction Business and Elite Service Groups, a Customer Experience Platform, and substantial IT investments (₹151.66 Cr budget for FY26) for internet banking upgrades, mobile & UPI enhancements, and an AI Call Centre.

**Key Financial Metrics:** EPS stands at ₹20.05, ROA at 1.85%, ROE at 13.77%, and Capital Adequacy (CRAR) at 30.96%. Provision Coverage Ratio (without technical write-off) is robust at 74.36%.

**Management Outlook:** The bank anticipates low expected portfolio loss due to strong collateral coverage (111.09% for NPA). Management projects no P&L or capital adequacy impact from potential new credit loss provisions, citing sufficient existing provisions.