| Scrip code | 543596 |
|---|---|
| NSE Symbol | TMB |
| MSEI Symbol | NOTLISTED |
| ISIN | INE668A01016 |
| Name of bank | TAMILNAD MERCANTILE BANK LIMITED |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 27-07-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 13-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 27-07-2026 12:00:00 |
| End date and time of board meeting | 27-07-2026 13:30:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not Applicable | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Interest earned | ||
| Interest or discount on advances or bills | 1,37,159.00 | 1,37,159.00 | |
| Income on investments | 27,780.00 | 27,780.00 | |
| Interest on balances with reserve bank of India and other inter bank funds | 1,288.00 | 1,288.00 | |
| Others | 16.00 | 16.00 | |
| Total interest earned | 1,66,243.00 | 1,66,243.00 | |
| 2 | Other income | 23,836.00 | 23,836.00 |
| 3 | Total income | 1,90,079.00 | 1,90,079.00 |
| Expenses | |||
| 4 | Interest expenses | 89,735.00 | 89,735.00 |
| 5 | Operating expenses | ||
| (i) | Employees cost | 20,924.00 | 20,924.00 |
| (ii) | Details of other operating expenses | ||
| Description of other operating expenses | |||
| 1 | Rent, taxes and lighting | 3,411.00 | 3,411.00 |
| 2 | Printing and Stationery | 398.00 | 398.00 |
| 3 | Advertisement and publicity and Insurance | 2,265.00 | 2,265.00 |
| 4 | Depreciation on Bank's property | 2,113.00 | 2,113.00 |
| 5 | Director's fees, allowances and expenses | 62.00 | 62.00 |
| 6 | Auditor's fees and expenses(including branch auditors) | 84.00 | 84.00 |
| 7 | Law charges | 48.00 | 48.00 |
| 8 | Postages, Telegrams, Telephones, etc | 627.00 | 627.00 |
| 9 | Repairs and Maintenanace | 510.00 | 510.00 |
| 10 | Other expenditure | 8,795.00 | 8,795.00 |
| Total other operating Expenses | 18,313.00 | 18,313.00 | |
| Total Operating Expenses | 39,237.00 | 39,237.00 | |
| 6 | Total expenditure excluding provisions and contingencies | 1,28,972.00 | 1,28,972.00 |
| 7 | Operating profit before provision and contingencies | 61,107.00 | 61,107.00 |
| 8 | Provisions other than tax and contingencies | 5,393.00 | 5,393.00 |
| 9 | Exceptional items | 0.00 | 0.00 |
| 10 | Total profit (loss) from ordinary activities before tax | 55,714.00 | 55,714.00 |
| 11 | Provision for Tax | 14,563.00 | 14,563.00 |
| 12 | Net profit (loss) from ordinary activities after tax | 41,151.00 | 41,151.00 |
| 13 | Extraordinary items net of tax expenses | 0.00 | 0.00 |
| 14 | Net profit (loss) for the period | 41,151.00 | 41,151.00 |
| 15 | Share of profit (loss) of associates | ||
| 16 | Profit (loss) of minority interest | ||
| 17 | Net Profit (loss) after taxes minority interest and share of profit (loss) of associates | 41,151.00 | 41,151.00 |
| 18 | Details of equity share capital [Abstract] | ||
| Paid-up equity share capital | 15,835.00 | 15,835.00 | |
| Face value of equity share capital | 10 | 10 | |
| 19 | Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) | ||
| 20 | Analytical ratios | ||
| (i) | Percentage of share held by government of India | 0 | 0 |
| (ii) | Capital adequacy ratio | ||
| CET 1 ratio | 31.300 | 31.300 | |
| Additional Tier 1 ratio | 0 | 0 | |
| (iii) (a) | Earnings per share before extraordinary items | ||
| Basic earnings per share before extraordinary items | 25.99 | 25.99 | |
| Diluted earnings per share before extraordinary items | 25.99 | 25.99 | |
| (iii) (b) | Earnings per share after extraordinary items | ||
| Basic earnings per share after extraordinary items | 25.99 | 25.99 | |
| Diluted earnings per share after extraordinary items | 25.99 | 25.99 | |
| (iv) | NPA Ratios | ||
| Amount of gross non-performing assets | 39,808.00 | 39,808.00 | |
| Amount of net non-performing assets | 9,800.00 | 9,800.00 | |
| % of gross NPAs | 0.6900 | 0.6900 | |
| % of net NPAs | 0.1700 | 0.1700 | |
| Return on assets | 2.1400 | 2.1400 | |
| 21 | Disclosure of notes on financial results by banks | Textual Information(1) | |
| Textual Information(1) | (i) Earnings per Share (EPS) not annualised. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Treasury | 31,794.00 | 31,794.00 | ||||
| 2 | Corporate / Wholesale Banking | 16,098.00 | 16,098.00 | ||||
| 3 | Retail Banking | 1,42,187.00 | 1,42,187.00 | ||||
| 4 | Other Banking Operations | 0.00 | 0.00 | ||||
| Total Segment Revenue | 1,90,079.00 | 1,90,079.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Income from operations | 1,90,079.00 | 1,90,079.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Treasury | 6,424.00 | 6,424.00 | ||||
| 2 | Corporate / Wholesale Banking | 5,013.00 | 5,013.00 | ||||
| 3 | Retail Banking | 44,277.00 | 44,277.00 | ||||
| 4 | Other Banking Operations | 0.00 | 0.00 | ||||
| Total Profit before tax | 55,714.00 | 55,714.00 | |||||
| i. Finance cost | 14,563.00 | 14,563.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |||||
| Profit before tax | 41,151.00 | 41,151.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Treasury | 17,44,513.00 | 17,44,513.00 | ||||
| 2 | Corporate / Wholesale Banking | 8,37,436.00 | 8,37,436.00 | ||||
| 3 | Retail Banking | 53,10,940.00 | 53,10,940.00 | ||||
| 4 | Other Banking Operations | 0.00 | 0.00 | ||||
| Total Segment Assets | 78,92,889.00 | 78,92,889.00 | |||||
| Un-allocable Assets | 85,716.00 | 85,716.00 | |||||
| Net Segment Assets | 79,78,605.00 | 79,78,605.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Treasury | 18,74,315.00 | 18,74,315.00 | ||||
| 2 | Corporate / Wholesale Banking | 5,00,147.00 | 5,00,147.00 | ||||
| 3 | Retail Banking | 44,17,671.00 | 44,17,671.00 | ||||
| 4 | Other Banking Operations | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 67,92,133.00 | 67,92,133.00 | |||||
| Un-allocable Liabilities | 1,30,270.00 | 1,30,270.00 | |||||
| Net Segment Liabilities | 69,22,403.00 | 69,22,403.00 | |||||
| Disclosure of notes on segments | For the above segment reporting, the reportable segments are identified as Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations in compliance with the RBI guidelines. As per RBI Circular DOR.AUT.REC.12/22.01.001/2022-23 dated April 07, 2022 on establishment of Digital Banking Unit (DBU), for the purpose of disclosure under 'Accounting Standard 17 - Segment Reporting', ‘Digital Banking’ has been identified as a sub-segment under Retail Banking by Reserve Bank of India (RBI). However, as the proposed DBU of the Bank has not yet commenced operations, nothing has been reported under this segment. The business operations of the Bank are substantially concentrated in India and for the purpose of Segment Reporting as per Accounting Standard-17, the bank is considered to operate only in domestic segment. Previous period figures have been regrouped/reclassified wherever necessary to make them comparable. | ||||||
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Chandran and Raman | Yes | 30-04-2027 | ||
|---|---|---|---|---|---|
| 2 | Sundaram and Srinivasan | Yes | 30-09-2027 | ||