Tamilnad Mercantile Bank Limited TMB NSEFINANCIAL
Company Overview
Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through the Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading accounts, mutual fund, insurance, portfolio management, online bill payment, sovereign gold bond scheme, forex, e-tax payment, e-stamping, SMS alert, POS terminal, and Internet and mobile banking services. It also provides home, car, two wheeler, personal, LAP, pension, gold overdraft, education, jewel, traders and services, MSME, vyapari, GST, commercial vehicles, rice and dhall mill, Mahalir, doctor, genset, pharma and healthcare, green energy, smart business, and agricultural loans, as well as loans against sovereign gold bonds and secured overdraft facilities; NRI products; and microenterprise and pharma finance. The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited in November 1962. Tamilnad Mercantile Bank Limited was incorporated in 1921 and is headquartered in Thoothukudi, India.
Why Investors Should Care
Trades at a P/E of 9.3, below the sector median of 15.4.
Maintains a net profit margin of 41.2%.
Carries low leverage with a debt-to-equity ratio of 0.07.
Recent Developments
- Mar 2026 Revenue of ₹3,403.94 Cr (+8.0% YoY); net profit ₹1,337.55 Cr.
- Trailing 12 Months Year-on-year growth — revenue +18.3%, earnings +35.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 7.7%, profit CAGR 9.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 7.72% |
| 1 Year: | 18.30% |
Compounded Profit Growth
| 5 Years: | 9.13% |
| 1 Year: | 35.00% |
Stock Price Performance
| 1 Year: | +101.30% |
| 6 Months: | +23.89% |
| 3 Months: | +6.30% |
| 1 Month: | -4.12% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)41.68 · Neutral
P/E of 9.32 is below the sector median of 15.36 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 41.2%.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TMB Tamilnad Mercantile Bank Limited NSEFINANCIAL | 849.80 | 9.32 | ₹13,456.71 Cr | 1.42% | - | 14.52% | 7.72% | 9.13% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 706.95 | 15.45 | ₹10.90 L Cr | 1.88% | - | 13.84% | 16.90% | 12.47% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,385.00 | 17.90 | ₹9.94 L Cr | 0.89% | - | 16.07% | 18.11% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 963.00 | 10.32 | ₹8.89 L Cr | 1.82% | - | 15.18% | 12.19% | 14.39% |
| 5 | BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL | 926.00 | 28.43 | ₹5.77 L Cr | 0.56% | - | 16.68% | 22.58% | 18.23% |
| 6 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 437.80 | 21.46 | ₹4.36 L Cr | 0.15% | - | 10.64% | 13.48% | 8.92% |
| 7 | AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL | 1,210.00 | 13.61 | ₹3.77 L Cr | 0.08% | - | 13.35% | 12.16% | 34.61% |
| 8 | BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL | 1,690.00 | 26.83 | ₹2.70 L Cr | 0.07% | - | 12.58% | 22.92% | 15.16% |
| 9 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 392.05 | 8.26 | ₹2.48 L Cr | 2.59% | - | 32.53% | 7.26% | 16.86% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 759.31 Cr | 768.29 Cr | 810.78 Cr | 842.15 Cr | 946.21 Cr | 1,003.44 Cr |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| Operating Expenses | 351.61 Cr | 364.29 Cr | 398.52 Cr | 373.92 Cr | 423.90 Cr | 392.37 Cr |
| Operating Income | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - |
| Interest Expense | 760.63 Cr | 773.77 Cr | 806.69 Cr | 823.27 Cr | 845.93 Cr | 897.35 Cr |
| Pretax Income | 404.44 Cr | 386.78 Cr | 403.92 Cr | 466.74 Cr | 503.52 Cr | 557.14 Cr |
| Tax Provision | 104.20 Cr | 94.88 Cr | 99.03 Cr | 125.24 Cr | 129.87 Cr | 145.63 Cr |
| Net Income | 300.24 Cr | 291.90 Cr | 304.89 Cr | 341.50 Cr | 373.65 Cr | 411.51 Cr |
| Diluted EPS | 18.96 | 18.44 | 19.25 | 21.57 | 23.60 | 25.99 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 2,723.11 Cr | 2,795.64 Cr | 3,150.89 Cr | 3,403.94 Cr |
| Cost of Revenue | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | - | 1,150.39 Cr | 1,314.73 Cr | 1,413.11 Cr | 1,552.99 Cr |
| Operating Income | - | - | - | - | - |
| EBITDA | - | - | - | - | - |
| Interest Expense | - | 1,986.92 Cr | 2,697.02 Cr | 2,990.34 Cr | 3,292.15 Cr |
| Pretax Income | - | 1,029.26 Cr | 1,393.58 Cr | 1,574.89 Cr | 1,806.60 Cr |
| Tax Provision | - | 364.38 Cr | 321.55 Cr | 392.28 Cr | 469.05 Cr |
| Net Income | - | 1,029.26 Cr | 1,072.03 Cr | 1,182.61 Cr | 1,337.55 Cr |
| Diluted EPS | 57.67 | 68.06 | 67.70 | 74.68 | 84.47 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 57,895.37 Cr | 61,552.46 Cr | 66,449.87 Cr | 75,299.60 Cr |
| Current Assets | - | - | - | - | - |
| Cash & Equivalents | - | 3,581.99 Cr | 3,568.12 Cr | 4,408.25 Cr | 4,214.94 Cr |
| Inventory | - | - | - | - | - |
| Receivables | - | 618.80 Cr | 824.07 Cr | 593.35 Cr | 620.78 Cr |
| Total Liabilities | - | 50,967.02 Cr | 53,631.26 Cr | 57,441.18 Cr | 65,189.44 Cr |
| Current Liabilities | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - |
| Total Debt | - | 525.00 Cr | 499.54 Cr | 500.00 Cr | 700.00 Cr |
| Total Equity | - | 6,928.35 Cr | 7,921.20 Cr | 9,008.69 Cr | 10,110.16 Cr |
| Shares Outstanding | - | 15.84 Cr | 15.84 Cr | 15.84 Cr | 15.84 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -1,269.80 Cr | -610.54 Cr | 1,898.84 Cr | -100.87 Cr |
| Investing Cash Flow | - | -88.60 Cr | -100.30 Cr | -99.21 Cr | -118.25 Cr |
| Financing Cash Flow | - | 1,088.38 Cr | 696.98 Cr | -959.50 Cr | 25.81 Cr |
| Capital Expenditure | - | -89.58 Cr | -100.73 Cr | -105.27 Cr | -128.35 Cr |
| Free Cash Flow | - | -1,359.38 Cr | -711.27 Cr | 1,793.57 Cr | -229.23 Cr |
| Net Change in Cash | - | -270.02 Cr | -13.86 Cr | 840.12 Cr | -193.31 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - |
| Net Margin % | - | 37.8% | 38.3% | 37.5% | 39.3% |
| ROE % | - | 14.9% | 13.5% | 13.1% | 13.2% |
| ROCE % | - | - | - | - | - |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TMB
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TMB — Frequently Asked Questions
What is the current share price of Tamilnad Mercantile Bank Limited (TMB)?
As of 2026-10-23 04:58 IST, Tamilnad Mercantile Bank Limited (TMB) trades at ₹849.80 on NSE. Its 52-week range is ₹415.08 to ₹942.45.
What is the market capitalisation of TMB?
Tamilnad Mercantile Bank Limited (TMB) has a market capitalisation of ₹13,456.71 Cr on NSE.
What is the P/E ratio of TMB?
TMB trades at a trailing price-to-earnings (P/E) ratio of 9.32. The industry average P/E is 15.36. Its price-to-book (P/B) ratio is 1.37.
Does TMB pay a dividend?
Tamilnad Mercantile Bank Limited (TMB) currently offers a dividend yield of 1.42%.
What is the return on equity (ROE) of TMB?
TMB has a return on equity (ROE) of 14.52%.
Is TMB a good stock to buy?
This page provides a data-driven analysis of Tamilnad Mercantile Bank Limited (TMB), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.