T N Merc. Bank

Market Cap: Mid Cap
Industry: Bank - Private
ISIN: INE668A01016
NSEID: TMB
BSEID: 543596

INR

420.75

4.35 (1.04%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 27.86 k

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Quarterly Results

Results Snapshot

YoYQoQ

Figures in Rs cr

Standalone Quarterly Results

Dec'24

Sep'24

Jun'24

Mar'24

Dec'23

Sep'23

Jun'23

Interest Earned

1,331.02

1,337.41

1,281.15

1,253.71

1,229.15

1,209.16

1,155.89

Income On Investments

252.17

257.85

260.31

263.42

271.42

267.64

253.37

Interest On Balances With Rbi Other Inter Bank Funds

5.78

6.00

6.83

5.28

5.92

5.56

14.20

Interest / Discount On Advances / Bills

1,072.64

1,073.09

1,013.48

984.37

951.00

935.07

887.18

Others

0.43

0.47

0.53

0.64

0.81

0.89

1.14

Other Income

188.92

227.47

233.72

163.90

157.98

156.06

167.00

Total Income

1,519.94

1,564.88

1,514.87

1,417.61

1,387.13

1,365.22

1,322.89

Interest Expended

760.63

741.35

714.59

686.66

692.12

676.43

641.81

Net Interest Income

570.39

596.06

566.56

567.05

537.03

532.73

514.08

Total Expenditure (Excl Depreciation)

351.61

358.33

331.44

364.40

324.81

323.67

301.17

Employee Cost

178.16

191.04

179.35

189.10

166.82

167.85

162.14

Other Operating Expenses

173.45

167.29

152.09

175.30

157.99

155.82

139.03

Operating Profit Before Provisions and Contingencies

407.70

465.20

468.84

366.55

370.20

365.12

379.91

Exceptional Items

0.00

Provisions and contingencies

3.26

64.93

85.44

23.54

2.37

23.29

39.00

Profit Before Tax

404.44

400.27

383.40

343.01

367.83

341.83

340.91

Tax

104.20

97.09

96.11

89.95

83.60

68.32

79.68

Profit After Tax

300.24

303.18

287.29

253.06

284.23

273.51

261.23

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

300.24

303.18

287.29

253.06

284.23

273.51

261.23

Face Value

10.0

Reserves

0.00

Earnings per share (EPS)

18.96

19.15

18.14

15.98

17.95

17.27

16.5

Diluted Earnings per share

18.96

19.15

18.14

15.98

17.95

17.27

16.5

Operating Profit Margin (Excl OI)

73.34%

68.35%

67.46%

69.06%

73.38%

71.31%

70.57%

Gross Profit Margin

30.39%

29.93%

27.36%

29.93%

28.27%

29.49%

PAT Margin

22.56%

22.67%

22.42%

20.18%

23.12%

22.62%

22.6%

Net Interest Margin

4.0%

4.25%

4.12%

4.24%

4.08%

4.1%

4.0%

Return on Assets

1.89%

1.94%

1.88%

0.0%

1.93%

1.89%

0.0%

CASA (%)

27.36%

28.12%

0.0%

30.0%

29.63%

28.0%

CASA Amount

0.00

13,873.00

0.00

14,676.00

0.00

Capital Adequacy Ratio (Total)

29.35%

29.59%

29.21%

29.37%

25.95%

26.04%

26.57%

Capital Adequacy Ratio (Tier 1)

27.88%

28.12%

27.74%

27.97%

24.55%

24.43%

24.94%

Provision Coverage Ratio (%)

93.21%

92.56%

90.27%

87.52%

86.27%

86.42%

90.49%

Amount of Gross NPAs

576.38

584.45

587.66

575.06

649.13

643.84

580.72

Amount of Net NPAs

177.59

194.77

261.56

335.82

375.34

371.90

243.65

% of Net NPAs

0.41%

0.46%

0.65%

0.85%

0.98%

0.99%

0.66%

% of Gross NPAs

1.32%

1.37%

1.44%

1.69%

1.7%

1.56%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

1161.0

0.0

1157.0

1154.0

1152.0

1149.0

Number of Branches

572.0

567.0

565.0

688.0

681.0

541.0

536.0

Quarterly Analysis Highlights - QoQ

Interest Earned

QoQ Growth in quarter ended Dec 2024 is -0.48% vs 4.39% in Sep 2024

Net Profit

QoQ Growth in quarter ended Dec 2024 is -0.97% vs 5.53% in Sep 2024

Operating Profit (PBDIT)

QoQ Growth in quarter ended Dec 2024 is -12.36% vs -0.78% in Sep 2024

% of Net NPAs

QoQ Growth in quarter ended Dec 2024 is -0.05% vs -0.19% in Sep 2024

% of Gross NPAs

QoQ Growth in quarter ended Dec 2024 is -0.05% vs -0.07% in Sep 2024

Compare Quarterly Results Of T N Merc. Bank With

Select Peers

Figures in Rs cr

Standalone Quarterly Results

Change(INR)

Change(%)

Interest Earned

1,331.02

7,829.14

-6,498.12

-83.0%

Income On Investments

252.17

1,416.82

-1,164.65

-82.2%

Interest On Balances With Rbi Other Inter Bank Funds

5.78

120.48

-114.70

-95.2%

Interest / Discount On Advances / Bills

1,072.64

5,904.92

-4,832.28

-81.83%

Others

0.43

386.92

-386.49

-99.89%

Other Income

188.92

1,512.01

-1,323.09

-87.51%

Total Income

1,519.94

9,341.15

-7,821.21

-83.73%

Interest Expended

760.63

5,605.62

-4,844.99

-86.43%

Net Interest Income

570.39

2,223.52

-1,653.13

-74.35%

Total Expenditure (Excl Depreciation)

351.61

2,656.51

-2,304.90

-86.76%

Employee Cost

178.16

1,003.87

-825.71

-82.25%

Other Operating Expenses

173.45

1,652.64

-1,479.19

-89.5%

Operating Profit Before Provisions and Contingencies

407.70

1,079.02

-671.32

-62.22%

Exceptional Items

0.00

Provisions and contingencies

3.26

258.68

-255.42

-98.74%

Profit Before Tax

404.44

820.34

-415.90

-50.7%

Tax

104.20

208.07

-103.87

-49.92%

Profit After Tax

300.24

612.27

-312.03

-50.96%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

300.24

612.27

-312.03

-50.96%

Face Value

10.00

2.00

0.00

Reserves

0.00

Earnings per share (EPS)

18.96

0.20

18.76

9380.0%

Diluted Earnings per share

18.96

0.19

18.77

9878.95%

Operating Profit Margin (Excl OI)

73.34%

62.76%

0.00

10.58%

Gross Profit Margin

30.39%

10.48%

0.00

19.91%

PAT Margin

22.56%

7.82%

0.00

14.74%

Net Interest Margin

4.00%

2.40%

1.60

1.60%

Return on Assets

1.89%

0.00%

1.89

1.89%

CASA (%)

27.36%

33.10%

-5.74

-5.74%

CASA Amount

0.00

91,650.00

-91,650.00

-100.0%

Capital Adequacy Ratio (Total)

29.35%

15.20%

14.15

14.15%

Capital Adequacy Ratio (Tier 1)

27.88%

12.59%

15.29

15.29%

Provision Coverage Ratio (%)

93.21%

71.20%

22.01

22.01%

Amount of Gross NPAs

576.38

3,963.47

-3,387.09

-85.46%

Amount of Net NPAs

177.59

1,142.62

-965.03

-84.46%

% of Net NPAs

0.41%

0.50%

-0.09

-0.09%

% of Gross NPAs

1.32%

1.60%

-0.28

-0.28%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Pledged Capital (%)

0.00%

0.00

0.00%

Number of ATMs

1,161.00

1,326.00

-165.00

-12.44%

Number of Branches

572.00

1,247.00

-675.00

-54.13%

Quarterly - Interest Earned

Interest Earned 1331.02 Cr

in Dec 2024

Figures in Rs Cr

QoQ Growth in quarter ended Dec 2024 is -0.48% vs 4.39% in Sep 2024

YoY Growth in quarter ended Dec 2024 is 8.29% vs 21.44% in Dec 2023

Quarterly - Net Profit

Net Profit 300.24 Cr

in Dec 2024

Figures in Rs Cr

QoQ Growth in quarter ended Dec 2024 is -0.97% vs 5.53% in Sep 2024

YoY Growth in quarter ended Dec 2024 is 5.63% vs 1.62% in Dec 2023

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 407.70 Cr

in Dec 2024

Figures in Rs Cr

QoQ Growth in quarter ended Dec 2024 is -12.36% vs -0.78% in Sep 2024

YoY Growth in quarter ended Dec 2024 is 10.13% vs -8.55% in Dec 2023

Quarterly - % of Net NPAs

% of Net NPAs 0.41%

in Dec 2024

Figures in Rs %

QoQ Growth in quarter ended Dec 2024 is -0.05% vs -0.19% in Sep 2024

YoY Growth in quarter ended Dec 2024 is -0.57% vs 0.23% in Dec 2023

Quarterly - % of Gross NPAs

% of Gross NPAs 1.32%

in Dec 2024

Figures in Rs %

QoQ Growth in quarter ended Dec 2024 is -0.05% vs -0.07% in Sep 2024

YoY Growth in quarter ended Dec 2024 is -0.37% vs -0.01% in Dec 2023