Tamilnad Mercantile Bank quarterly results and financials

Tamilnad Mercantile Bank (TMB)₹835.80+0.92%(9 Nov 2026 close)Private Sector Bank

Key facts

In the Jun 2026 quarter (standalone), Tamilnad Mercantile Bank reported revenue of ₹1,659 Cr, up 19.8% from Jun 2025, and net profit of ₹410 Cr, up 35.1% year on year. For the year to Mar 2026, revenue were ₹5,811 Cr and net profit ₹1,333 Cr.

Revenue (Jun 2026): ₹1,659 Cr
Net profit (Jun 2026): ₹410 Cr
Revenue (FY Mar 2026): ₹5,811 Cr
Net profit (FY Mar 2026): ₹1,333 Cr
EPS (Jun 2026): ₹26.00
Borrowings (Mar 2026): ₹698 Cr

Company filings, standalone accounts; latest reported quarter Jun 2026

Tamilnad Mercantile Bank quarterly results

₹ crore unless stated; each column is a quarter.

Tamilnad Mercantile Bank Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1,207	1,227	1,252	1,279	1,336	1,330	1,340	1,384	1,411	1,468	1,548	1,659
Interest	677	693	688	715	741	761	774	808	816	823	846	897
Net interest income	531	534	565	564	595	568	566	576	595	645	702	761
Expenses	349	328	389	419	424	356	383	408	374	376	445	447
Financing Profit	186	210	179	150	173	216	186	173	224	271	262	319
Financing Margin %	15.1%	17.1%	14.1%	12.1%	13.1%	16.1%	14.1%	12.1%	16.1%	18.1%	17.1%	19.1%
Other Income	156	158	164	235	227	190	200	231	209	197	243	239
Profit before tax	342	368	343	383	400	404	387	404	432	467	504	557
Tax %	20.0%	23.0%	26.0%	25.0%	24.0%	26.0%	25.0%	25.0%	27.0%	27.0%	26.0%	26.0%
Net Profit	273	283	252	286	302	299	291	304	317	341	373	410
EPS (Rs)	17.28	17.94	15.97	18.15	19.16	18.95	18.42	19.26	20.03	21.55	23.61	26.00
Gross NPA %	1.7%	1.7%	1.4%	1.4%	1.4%	1.3%	1.3%	1.2%	1.0%	0.9%	0.7%	0.7%
Net NPA %	1.0%	1.0%	0.9%	0.7%	0.5%	0.4%	0.4%	0.3%	0.3%	0.2%	0.2%	0.2%
Provision coverage (approx., excl. write-offs) %	41.8%	42.0%	41.0%	54.9%	66.4%	68.9%	71.2%	73.0%	74.3%	78.0%	75.3%	75.4%

Tamilnad Mercantile Bank profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Tamilnad Mercantile Bank Profit and loss
	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	3,245	3,219	3,461	3,606	3,828	4,074	4,841	5,285	5,811	6,086
Interest	2,042	1,996	2,147	2,072	2,020	1,989	2,699	2,992	3,291	3,382
Net interest income	1,203	1,223	1,314	1,534	1,808	2,084	2,142	2,293	2,520	2,703
Expenses	1,371	1,355	1,235	1,359	1,475	1,281	1,331	1,495	1,511	1,643
Financing Profit	−157	−120	89.06	183	346	818	824	811	1,023	1,076
Financing Margin %	−5.0%	−4.0%	3.0%	5.0%	9.1%	20.1%	17.1%	15.1%	18.1%	17.7%
Other Income	507	415	527	646	814	631	646	852	880	887
Depreciation	40.11	36.09	30.06	29.08	33.08	54.10	75.13	86.22	93.21	0.00
Profit before tax	310	259	585	797	1,126	1,393	1,395	1,576	1,808	1,961
Tax %	28.0%	0.0%	30.0%	24.0%	27.0%	26.0%	23.0%	25.0%	26.0%	—
Net Profit	221	258	407	601	820	1,025	1,068	1,179	1,333	1,441
EPS (Rs)	15.58	18.13	28.62	42.32	57.64	65.01	67.67	74.67	84.51	91.19
Dividend payout %	21.1%	13.0%	0.0%	0.0%	9.1%	8.0%	15.1%	15.0%	15.1%	—

Tamilnad Mercantile Bank balance sheet

₹ crore, at each year end.

Tamilnad Mercantile Bank Balance sheet
	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	143	143	143	143	143	158	158	158	158
Reserves	3,254	3,469	3,829	4,429	5,186	6,759	7,744	8,838	9,939
Deposits	32,323	35,004	36,701	40,839	44,784	47,609	49,348	53,504	61,475
Borrowings	511	0.00	323	0.00	0.00	524	1,298	499	698
Other Liabilities	1,515	1,714	1,612	1,945	2,560	2,659	2,829	3,256	2,790
Total Liabilities	37,745	40,329	42,608	47,357	52,673	57,710	61,377	66,257	75,062
Fixed Assets	140	138	128	137	211	246	271	284	311
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	10,335	9,074	9,438	11,669	13,196	14,116	15,202	15,041	15,648
Other Assets	27,270	31,116	33,041	35,549	39,264	43,348	45,904	50,932	59,103
Cash & equivalents	1,479	1,482	1,207	1,417	1,747	1,619	1,726	2,193	1,840
Total Assets	37,745	40,329	42,608	47,357	52,673	57,710	61,377	66,257	75,062

Tamilnad Mercantile Bank cash flow

₹ crore, for each year.

Tamilnad Mercantile Bank Cash flow
	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−388	565	−668	1,321	−1,266	−609	1,894	−101
Cash from investing activity	−26.10	−20.07	−37.13	−107	−89.34	−100	−99.43	−118
Cash from financing activity	471	269	−324	−70.97	1,087	697	−959	25.97
Net cash flow	57.90	814	−1,028	1,145	−269	−13.97	838	−192
Capex	26.06	20.05	38.05	107	90.16	101	105	128
Free cash flow	−414	547	−708	1,220	−1,360	−712	1,802	−219
CFO / OP %	−21.0%	25.0%	−30.0%	56.0%	−32.0%	−8.0%	60.0%	8.0%

Tamilnad Mercantile Bank ratios

Working-capital days and returns, by year.

Tamilnad Mercantile Bank Ratios
	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	7.0%	6.9%	10.9%	13.9%	17.0%	17.0%	13.9%	13.9%	13.9%

Tamilnad Mercantile Bank: frequently asked questions

What are the latest quarterly results of Tamilnad Mercantile Bank?

For the Jun 2026 quarter, Tamilnad Mercantile Bank reported revenue of ₹1,659 Cr, up 19.8% year on year and net profit of ₹410 Cr, up 35.1% year on year.

What is the annual revenue of Tamilnad Mercantile Bank?

Tamilnad Mercantile Bank's revenue for the year to Mar 2026 were ₹5,811 Cr; over the last twelve months they were ₹6,086 Cr.

What is the net profit of Tamilnad Mercantile Bank?

Net profit for the year to Mar 2026 was ₹1,333 Cr, and ₹1,441 Cr over the last twelve months. Earnings per share over the same trailing period were ₹91.19.

What is the free cash flow of Tamilnad Mercantile Bank?

Cash from operations was −₹101 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹219 Cr.

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