| Revenue growth | Total income ₹2,052 Cr vs ₹1,621 Cr (+26.58% YoY) |
|---|---|
| Margins | NIM 4.19%, up 36 bps YoY; cost-to-income down 553 bps to 38.28% |
| Demand visibility | Term deposits +28.96% YoY; RAM 94.33% of advances |
Growth
Deposits +25.49% to ₹69,546 Cr; gross advances +29.32% to ₹60,691 Cr; NII +35.17% to ₹807 Cr; operating profit +41.80%.
Outlook
No explicit growth guidance; ECL transition ₹385 Cr provision from 1 April 2027, ₹304 Cr already available.
Risks
ECL norms from 01.04.2027 imply ₹385 Cr one-time provision; gold-loan LTV rises to 83.13% at 25% price fall.
Investor Presentation filed with NSE, NSE: TMB. Summary written with AI assistance from the document.
Tamilnad Mercantile Bank Ltd: key numbers
- Share price
- ₹790.80
- Market cap
- ₹12,522 Cr
- Revenue (annual)
- ₹5,819 Cr
- Net profit (annual)
- ₹1,338 Cr
- P/E (TTM)
- 7.9×Sector 19.7×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 6.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Tamilnad Mercantile Bank Ltd
All →Tamilnad Mercantile Bank Results Update
TMB's press release reports Q2 net profit up 42.09% to ₹451 Crore. Total business rose 27.25%, and gross NPA fell to a 10-year low of 0.61%.
Tamilnad Mercantile Bank Earnings Call Transcript: Key Takeaways
TMB reported record quarterly net profit driven by strong net interest income and significant RAM segment growth.
- Call
- Guides 22% growth
Tamilnad Mercantile Bank Q2 FY27 Results: Net Profit ₹451.1 Cr, Up 42.1% YoY
Tamilnad Mercantile Bank Ltd reported revenue from operations of ₹1,820 Cr (+28.8% YoY) and net profit of ₹451.1 Cr (+42.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹451.1 Cr · +42.1% YoY
Tamilnad Mercantile Bank Capacity Expansion
Tamilnad Mercantile Bank Limited is opening a new branch in Kadambur, Thoothukudi District. The branch is scheduled to commence operations on October 12, 2026.
- new branches
- 1.0 branches
Tamilnad Mercantile Bank Board Meeting Date
TMB has announced its Board meeting scheduled for 26 October 2026 to consider un-audited Q2/H1 results. The trading window for Designated Persons remains closed from 1 to 28 October 2026.
Tamilnad Mercantile Bank Other Announcement
Tamilnad Mercantile Bank has revised its Repo Linked Lending Rate (RLLR) from 8.25% to 8.50%, effective October 8, 2026.