Annual Results Results Snapshot
Figures in Rs cr
Standalone Annual Results
Mar'24
Mar'23
Mar'22
Mar'21
Interest Earned
4,847.91
4,081.04
3,833.86
3,609.05
Income On Investments
1,055.85
904.50
822.49
750.41
Interest On Balances With Rbi Other Inter Bank Funds
30.96
27.34
49.73
35.45
Interest / Discount On Advances / Bills
3,757.62
3,143.70
2,952.79
2,811.44
Others
3.48
5.50
8.85
11.75
Other Income
644.94
629.11
812.26
644.39
Total Income
5,492.85
4,710.15
4,646.12
4,253.45
Interest Expended
2,697.02
1,986.92
2,018.63
2,071.53
Net Interest Income
2,150.89
2,094.12
1,815.23
1,537.52
Total Expenditure (Excl Depreciation)
1,314.05
1,150.39
1,111.04
979.70
Employee Cost
685.91
618.67
615.79
0.00
Other Operating Expenses
628.14
531.72
495.25
979.70
Operating Profit Before Provisions and Contingencies
1,481.78
1,572.84
1,516.45
1,202.22
Exceptional Items
0.00
0.00
0.00
0.00
Provisions and contingencies
88.20
179.20
391.84
598.89
Profit Before Tax
1,393.58
1,393.64
1,124.61
603.33
Tax
321.55
364.38
302.70
0.00
Profit After Tax
1,072.03
1,029.26
821.91
603.33
Extraordinary Items
0.00
0.00
49.56
155.29
Prior Period Expenses
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
Net Profit
1,072.03
1,029.26
772.35
448.04
Face Value
10.0
10.0
10.0
10.0
Reserves
7,762.85
6,769.99
5,193.19
4,437.47
Earnings per share (EPS)
67.7
65.0
57.67
42.34
Diluted Earnings per share
67.7
68.06
57.67
42.34
Operating Profit Margin (Excl OI)
71.08%
67.42%
60.8%
56.26%
Gross Profit Margin
28.75%
34.15%
29.33%
16.72%
PAT Margin
22.11%
25.22%
21.44%
16.72%
Net Interest Margin
4.1%
4.46%
4.1%
0.0%
Return on Assets
1.84%
0.0%
0.0%
0.0%
CASA (%)
30.0%
29.0%
30.5%
0.0%
CASA Amount
14,676.00
13,736.00
13,705.16
0.00
Capital Adequacy Ratio (Total)
29.37%
26.26%
22.06%
0.0%
Capital Adequacy Ratio (Tier 1)
27.97%
24.61%
20.44%
0.0%
Provision Coverage Ratio (%)
87.52%
90.9%
87.92%
0.0%
Amount of Gross NPAs
575.06
521.46
570.92
0.00
Amount of Net NPAs
335.82
229.82
317.58
0.00
% of Net NPAs
0.85%
0.62%
0.95%
0.0%
% of Gross NPAs
1.44%
1.39%
1.69%
0.0%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
Pledged Capital (%)
0.0%
0.0%
0.0%
0.0%
Number of ATMs
1157.0
1149.0
0.0
0.0
Number of Branches
688.0
530.0
0.0
0.0
Annual Analysis Highlights
Interest Earned
YoY Growth in year ended Mar 2024 is 18.79% vs 6.45% in Mar 2023
Net Profit
YoY Growth in year ended Mar 2024 is 4.16% vs 33.26% in Mar 2023
Operating Profit (PBDIT)
YoY Growth in year ended Mar 2024 is -5.79% vs 3.72% in Mar 2023
% of Net NPAs
YoY Growth in year ended Mar 2024 is 0.23% vs -0.33% in Mar 2023
% of Gross NPAs
YoY Growth in year ended Mar 2024 is 0.05% vs -0.30% in Mar 2023
Compare Annual Results Of T N Merc. Bank With
Figures in Rs cr
Standalone Annual Results
Change(INR)
Change(%)
Interest Earned
4,847.91
27,585.94
-22,738.03
-82.43%
Income On Investments
1,055.85
4,958.26
-3,902.41
-78.71%
Interest On Balances With Rbi Other Inter Bank Funds
30.96
458.40
-427.44
-93.25%
Interest / Discount On Advances / Bills
3,757.62
21,087.49
-17,329.87
-82.18%
Others
3.48
1,081.79
-1,078.31
-99.68%
Other Income
644.94
5,114.30
-4,469.36
-87.39%
Total Income
5,492.85
32,700.24
-27,207.39
-83.2%
Interest Expended
2,697.02
19,491.32
-16,794.30
-86.16%
Net Interest Income
2,150.89
8,094.62
-5,943.73
-73.43%
Total Expenditure (Excl Depreciation)
1,314.05
9,822.66
-8,508.61
-86.62%
Employee Cost
685.91
3,774.28
-3,088.37
-81.83%
Other Operating Expenses
628.14
6,048.38
-5,420.24
-89.61%
Operating Profit Before Provisions and Contingencies
1,481.78
3,386.26
-1,904.48
-56.24%
Exceptional Items
0.00
0.00
0.00
Provisions and contingencies
88.20
1,886.28
-1,798.08
-95.32%
Profit Before Tax
1,393.58
1,499.98
-106.40
-7.09%
Tax
321.55
248.90
72.65
29.19%
Profit After Tax
1,072.03
1,251.08
-179.05
-14.31%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
1,072.03
1,251.08
-179.05
-14.31%
Face Value
10.00
2.00
0.00
Reserves
7,762.85
35,443.42
-27,680.57
-78.1%
Earnings per share (EPS)
67.70
0.43
67.27
15644.19%
Diluted Earnings per share
67.70
0.43
67.27
15644.19%
Operating Profit Margin (Excl OI)
71.08%
57.55%
0.00
13.53%
Gross Profit Margin
28.75%
5.44%
0.00
23.31%
PAT Margin
22.11%
4.54%
0.00
17.57%
Net Interest Margin
4.10%
2.40%
1.70
1.70%
Return on Assets
1.84%
0.00%
1.84
1.84%
CASA (%)
30.00%
30.90%
-0.90
-0.90%
CASA Amount
14,676.00
82,317.00
-67,641.00
-82.17%
Capital Adequacy Ratio (Total)
29.37%
15.40%
13.97
13.97%
Capital Adequacy Ratio (Tier 1)
27.97%
12.20%
15.77
15.77%
Provision Coverage Ratio (%)
87.52%
79.30%
8.22
8.22%
Amount of Gross NPAs
575.06
3,982.56
-3,407.50
-85.56%
Amount of Net NPAs
335.82
1,329.73
-993.91
-74.75%
% of Net NPAs
0.85%
0.60%
0.25
0.25%
% of Gross NPAs
1.44%
1.70%
-0.26
-0.26%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Pledged Capital (%)
0.00%
0.00%
0.00
0.00%
Number of ATMs
1,157.00
1,290.00
-133.00
-10.31%
Number of Branches
688.00
1,234.00
-546.00
-44.25%
Annual - Interest Earned
Interest Earned 4847.91 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 18.79% vs 6.45% in Mar 2023
Annual - Net Profit
Net Profit 1,072.03 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 4.16% vs 33.26% in Mar 2023
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 1,481.78 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is -5.79% vs 3.72% in Mar 2023
Annual - % of Net NPAs
% of Net NPAs 0.85%
in Mar 2024Figures in Rs %
YoY Growth in year ended Mar 2024 is 0.23% vs -0.33% in Mar 2023
Annual - % of Gross NPAs
% of Gross NPAs 1.44%
in Mar 2024Figures in Rs %
YoY Growth in year ended Mar 2024 is 0.05% vs -0.30% in Mar 2023
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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