Tamilnad Mercantile Bank Ltd Share Price ₹767

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Tamilnad Mercantile Bank Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue +	1,070	1,156	1,209	1,229	1,254	1,281	1,337	1,331	1,342	1,386	1,413	1,469	1,550
Interest	543	642	676	692	687	715	741	761	774	807	816	823	846
Expenses +	364	340	347	327	388	417	423	355	382	407	373	375	443
Financing Profit	163	174	186	210	179	150	173	216	186	173	224	271	262
Financing Margin %	15%	15%	15%	17%	14%	12%	13%	16%	14%	12%	16%	18%	17%
Other Income +	184	167	156	158	164	234	227	189	200	231	208	196	242
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	347	341	342	368	343	383	400	404	387	404	432	467	504
Tax %	27%	23%	20%	23%	26%	25%	24%	26%	25%	25%	27%	27%	26%
Net Profit +	253	261	274	284	253	287	303	300	292	305	318	342	374
EPS in Rs	15.98	16.50	17.27	17.95	15.98	18.14	19.15	18.96	18.43	19.25	20.05	21.57	23.60
Gross NPA %	1.39%	1.56%	1.70%	1.69%	1.44%	1.44%	1.37%	1.32%	1.25%	1.22%	1.01%	0.91%	0.73%
Net NPA %	0.62%	0.66%	0.99%	0.98%	0.85%	0.65%	0.46%	0.41%	0.36%	0.33%	0.26%	0.20%	0.18%

Financials of Tamilnad Mercantile Bank Ltd

Annual income statement trend

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue +	3,250	3,224	3,466	3,609	3,834	4,081	4,848	5,291	5,819
Interest	2,041	1,994	2,147	2,072	2,019	1,987	2,697	2,990	3,292
Expenses +	1,366	1,350	1,231	1,355	1,470	1,276	1,327	1,490	1,598
Financing Profit	-157	-120	89	183	346	818	824	811	930
Financing Margin %	-5%	-4%	3%	5%	9%	20%	17%	15%	16%
Other Income +	506	414	526	644	812	629	645	850	877
Depreciation	40	36	30	29	33	54	75	86	0
Profit before tax	310	259	585	798	1,125	1,394	1,394	1,575	1,807
Tax %	28%	0%	30%	24%	27%	26%	23%	25%	26%
Net Profit +	222	259	408	603	822	1,029	1,072	1,183	1,338
EPS in Rs	15.57	18.14	28.61	42.34	57.67	65.00	67.70	74.68	84.47
Dividend Payout %	21%	13%	0%	0%	9%	8%	15%	0%	15%

Financials of Tamilnad Mercantile Bank Ltd

Capital structure and asset base

	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	3,262	3,476	3,837	4,437	5,193	6,770	7,763	8,850	9,952
Deposits	32,428	35,136	36,825	40,970	44,933	47,766	49,515	53,689	61,712
Borrowing	513	0	324	0	0	525	1,301	500	700
Other Liabilities +	1,522	1,719	1,604	1,948	2,559	2,646	2,815	3,252	2,777
Total Liabilities	37,868	40,473	42,733	47,499	52,828	57,866	61,552	66,450	75,300
Fixed Assets +	140	138	128	137	211	246	271	284	311
CWIP	0	0	0	0	0	0	0	0	0
Investments	10,364	9,107	9,467	11,703	13,242	14,156	15,263	15,101	15,693
Other Assets +	27,364	31,228	33,137	35,658	39,374	43,464	46,019	51,065	59,296
Total Assets	37,868	40,473	42,733	47,499	52,828	57,866	61,552	66,450	75,300

Financials of Tamilnad Mercantile Bank Ltd

Operating, investing and financing cash movement

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-389	0	567	-670	1,325	-1,270	-611	1,899	-101
Cash from Investing Activity +	-26	0	-20	-37	-107	-89	-100	-99	-118
Cash from Financing Activity +	472	0	269	-324	-71	1,088	697	-960	26
Net Cash Flow	58	0	816	-1,031	1,147	-270	-14	840	-193
Free Cash Flow	-414	0	547	-707	1,218	-1,358	-711	1,800	-219
CFO/OP	-21%	0%	25%	-30%	56%	-32%	-8%	60%	8%

Financials of Tamilnad Mercantile Bank Ltd

Working capital efficiency and return ratios

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	7%	7%	11%	14%	17%	17%	14%	14%	14%