WEBSITE BSE:543596 NSE: TMB Inc. Year: 1921 Industry: Bank - Private
Last updated: 15:47
Tamilnad Mercantile Bank Ltd (TMB) is a private sector bank headquartered in Tuticorin, Tamil Nadu, India. The bank was founded in 1921 and has since grown to become a leading financial institution in the region. TMB offers a wide range of banking and financial services to its customers, including savings and current accounts, fixed deposits, loans, insurance, and online banking. The bank has a network of over 500 branches across the country, along with ATMs and other digital channels for convenient access to banking services. TMB has received ...Read More
Tamilnad Mercantile Bank Ltd (TMB) is a private sector bank headquartered in Tuticorin, Tamil Nadu, India. The bank was founded in 1921 and has since grown to become a leading financial institution in the region. TMB offers a wide range of banking and financial services to its customers, including savings and current accounts, fixed deposits, loans, insurance, and online banking. The bank has a network of over 500 branches across the country, along with ATMs and other digital channels for convenient access to banking services. TMB has received several awards and recognitions for its excellent customer service and innovative banking solutions. The bank is committed to serving the financial needs of its customers and contributing to the economic development of the communities it operates in. ...Read Less
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Market Cap ₹8957 Cr.
Stock P/E 7.6
P/B 0.9
Current Price ₹565.7
Book Value ₹ 596.4
Face Value 10
52W High ₹575.9
Dividend Yield 0%
52W Low ₹ 403.4
Price goes above X
Price falls below X
PE goes above X
PE falls below X
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| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Earned | 1156 | 1209 | 1229 | 1254 | 1281 | 1337 | 1331 | 1342 | 1386 | 1413 |
| Other Income | 167 | 156 | 158 | 164 | 234 | 227 | 189 | 200 | 231 | 208 |
| Total Income | 1323 | 1365 | 1387 | 1418 | 1515 | 1565 | 1520 | 1542 | 1617 | 1621 |
| Interest Expense | 642 | 676 | 692 | 687 | 715 | 741 | 761 | 774 | 807 | 816 |
| Operating Expenditure | 301 | 324 | 325 | 364 | 331 | 358 | 352 | 364 | 399 | 353 |
| Provisions and contingencies | 39 | 23 | 2 | 24 | 85 | 65 | 3 | 17 | 8 | 20 |
| Operating Profit | 341 | 342 | 368 | 343 | 383 | 400 | 404 | 387 | 404 | 432 |
| Profit Before Tax | 341 | 342 | 368 | 343 | 383 | 400 | 404 | 387 | 404 | 432 |
| Provision for Tax | 80 | 68 | 84 | 90 | 96 | 97 | 104 | 95 | 99 | 115 |
| Profit After Tax | 261 | 274 | 284 | 253 | 287 | 303 | 300 | 292 | 305 | 318 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 261 | 274 | 284 | 253 | 287 | 303 | 300 | 292 | 305 | 318 |
| Adjusted Earnings Per Share | 16.5 | 17.3 | 17.9 | 16 | 18.1 | 19.1 | 19 | 18.4 | 19.3 | 20.1 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Earned | 2836 | 3252 | 3381 | 3250 | 3224 | 3466 | 3609 | 3834 | 4081 | 4848 | 5291 | 5472 |
| Other Income | 292 | 319 | 431 | 506 | 414 | 526 | 644 | 812 | 629 | 645 | 850 | 828 |
| Total Income | 3127 | 3571 | 3811 | 3757 | 3639 | 3993 | 4253 | 4646 | 4710 | 5493 | 6142 | 6300 |
| Interest Expense | 1952 | 2208 | 2230 | 2041 | 1994 | 2147 | 2072 | 2019 | 1987 | 2697 | 2990 | 3158 |
| Operating Expenditure | 568 | 637 | 706 | 710 | 760 | 851 | 980 | 1111 | 1150 | 1314 | 1406 | 1468 |
| Provisions and contingencies | 65 | 176 | 383 | 696 | 488 | 410 | 404 | 392 | 179 | 88 | 171 | 48 |
| Operating Profit | 542 | 549 | 492 | 310 | 397 | 585 | 798 | 1125 | 1394 | 1394 | 1575 | 1627 |
| Profit Before Tax | 542 | 549 | 492 | 310 | 397 | 585 | 798 | 1125 | 1394 | 1394 | 1575 | 1627 |
| Provision for Tax | 163 | 147 | 176 | 88 | 138 | 177 | 195 | 303 | 364 | 322 | 392 | 413 |
| Profit After Tax | 379 | 402 | 317 | 222 | 259 | 408 | 603 | 822 | 1029 | 1072 | 1183 | 1215 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 379 | 402 | 317 | 222 | 259 | 408 | 603 | 822 | 1029 | 1072 | 1183 | 1215 |
| Adjusted Earnings Per Share | 26.6 | 28.2 | 22.2 | 15.6 | 18.1 | 28.6 | 42.3 | 57.7 | 65 | 67.7 | 74.7 | 76.8 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 9% | 11% | 9% | 6% |
| Operating Profit CAGR | 13% | 12% | 22% | 11% |
| PAT CAGR | 10% | 13% | 24% | 12% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 25% | 6% | NA% | NA% |
| ROE Average | 14% | 15% | 15% | 13% |
| ROCE Average | 18% | 19% | 20% | 18% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 2594 | 2942 | 3224 | 3405 | 3618 | 3980 | 4580 | 5336 | 6928 | 7921 | 9009 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deposits | 25650 | 30369 | 32190 | 32428 | 35136 | 36825 | 40970 | 44933 | 47766 | 49515 | 53689 |
| Borrowings | 40 | 333 | 0 | 513 | 0 | 324 | 0 | 0 | 525 | 1301 | 500 |
| Other Liabilities & Provisions | 1465 | 1623 | 1570 | 1574 | 1778 | 1630 | 1977 | 2590 | 2676 | 2815 | 3252 |
| Total Liabilities | 29749 | 35266 | 36984 | 37920 | 40533 | 42759 | 47527 | 52858 | 57895 | 61552 | 66450 |
| Cash and balance with RBI | 1272 | 1398 | 1458 | 1702 | 1735 | 1414 | 1680 | 2113 | 2103 | 2230 | 2650 |
| Bank Balance | 163 | 201 | 488 | 302 | 1185 | 2322 | 1025 | 1739 | 1479 | 1338 | 1758 |
| Investments | 7671 | 8865 | 11504 | 10364 | 9107 | 9467 | 11703 | 13242 | 14156 | 15263 | 15101 |
| Advances | 19336 | 22578 | 21972 | 23769 | 26488 | 27716 | 31070 | 33492 | 37290 | 39734 | 43984 |
| Fixed Assets | 126 | 156 | 154 | 140 | 138 | 128 | 137 | 211 | 246 | 271 | 284 |
| Other Assets | 1180 | 2069 | 1407 | 1644 | 1880 | 1711 | 1912 | 2062 | 2622 | 2717 | 2673 |
| Total Assets | 29749 | 35266 | 36984 | 37920 | 40533 | 42759 | 47527 | 52858 | 57895 | 61552 | 66450 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 1410 | 1435 | 1599 | 1946 | 2004 | 2920 | 3737 | 2705 | 3852 | 3582 | 3568 |
| Cash Flow from Operating Activities | 319 | -18 | 753 | -389 | 1498 | 567 | -670 | 1325 | -1270 | -611 | 1899 |
| Cash Flow from Investing Activities | -44 | -62 | -38 | -26 | -34 | -20 | -37 | -107 | -89 | -100 | -99 |
| Cash Flow from Financing Activities | -250 | 245 | -368 | 472 | -547 | 269 | -324 | -71 | 1088 | 697 | -960 |
| Net Cash Inflow / Outflow | 24 | 164 | 347 | 58 | 917 | 816 | -1031 | 1147 | -270 | -14 | 840 |
| Closing Cash & Cash Equivalent | 1435 | 1599 | 1946 | 2004 | 2920 | 3737 | 2705 | 3852 | 3582 | 3568 | 4408 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 26.62 | 28.21 | 22.22 | 15.57 | 18.14 | 28.61 | 42.34 | 57.67 | 65 | 67.7 | 74.68 |
| CEPS(Rs) | 0 | 0 | 25.05 | 18.36 | 20.64 | 30.72 | 44.34 | 60 | 68.4 | 72.45 | 80.13 |
| DPS(Rs) | 1600 | 1600 | 3.2 | 3.2 | 3.2 | 0 | 5 | 10 | 10 | 10 | 11 |
| Book NAV/Share(Rs) | 182.01 | 206.38 | 226.23 | 238.91 | 253.89 | 279.25 | 321.38 | 374.41 | 437.53 | 500.23 | 568.9 |
| Yield on Advances | 14.66 | 14.4 | 15.39 | 13.68 | 12.17 | 12.51 | 11.62 | 11.45 | 10.94 | 12.2 | 12.03 |
| Yield on Investments | 8.49 | 8.73 | 8.17 | 9.05 | 8.54 | 8.21 | 7.74 | 6.72 | 6.43 | 6.76 | 6.91 |
| Cost of Liabilities | 7.6 | 7.19 | 6.93 | 6.2 | 5.68 | 5.78 | 5.06 | 4.49 | 4.11 | 5.31 | 5.52 |
| NIM (Net Interest Margin) | 3.11 | 3.16 | 3.25 | 3.35 | 3.19 | 3.22 | 3.38 | 3.59 | 3.81 | 3.67 | 3.62 |
| Interest Spread | 7.07 | 7.21 | 8.46 | 7.48 | 6.5 | 6.73 | 6.56 | 6.95 | 6.83 | 6.89 | 6.51 |
| ROA(%) | 1.35 | 1.24 | 0.88 | 0.59 | 0.66 | 0.98 | 1.34 | 1.64 | 1.86 | 1.8 | 1.85 |
| ROE(%) | 15.6 | 14.53 | 10.27 | 6.7 | 7.36 | 10.73 | 14.1 | 16.58 | 16.79 | 14.44 | 13.97 |
| ROCE(%) | 22.44 | 20.16 | 15.7 | 8.99 | 11.77 | 14.89 | 18.44 | 22.82 | 22.15 | 17.29 | 17.81 |
| PER(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.28 | 7.17 | 5.5 |
| Price/Book(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.93 | 0.97 | 0.72 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.45 | 2.06 | 2.68 |
| EV/Net Sales(x) | 0.01 | 0.1 | 0.04 | 0.2 | 0.04 | 0.13 | 0.04 | 0.04 | 1.71 | 1.85 | 1.32 |
| EV/Core EBITDA(x) | 0.07 | 0.46 | 0.16 | 0.65 | 0.16 | 0.47 | 0.12 | 0.09 | 4.45 | 6.07 | 4.01 |
| Interest Earned Growth(%) | 4.92 | 14.69 | 3.96 | -3.86 | -0.8 | 7.49 | 4.12 | 6.23 | 6.45 | 18.79 | 9.15 |
| Net Profit Growth | 26.14 | 6 | -21.26 | -29.92 | 16.52 | 57.67 | 47.99 | 36.23 | 25.23 | 4.16 | 10.31 |
| Advances Growth | 12.79 | 16.77 | -2.68 | 8.18 | 11.44 | 4.64 | 12.1 | 7.8 | 11.34 | 6.55 | 10.7 |
| EPS Growth(%) | 26.15 | 6 | -21.25 | -29.92 | 16.52 | 57.67 | 47.99 | 36.23 | 12.7 | 4.16 | 10.31 |
| Loans/Deposits(x) | 0.16 | 1.1 | 0 | 1.58 | 0 | 0.88 | 0 | 0 | 1.1 | 2.63 | 0.93 |
| Cash/Deposits(x) | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 | 0.04 | 0.05 | 0.05 |
| Current Ratio(x) | 0.3 | 0.29 | 0.36 | 0.32 | 0.26 | 0.26 | 0.29 | 0.29 | 0.3 | 0.31 | 0.28 |
| Quick Ratio(x) | 0.16 | 1.1 | 0 | 1.58 | 0 | 0.88 | 0 | 0 | 1.1 | 2.63 | 0.93 |
| CASA % | 19.64 | 19.4 | 23.23 | 25.32 | 24.64 | 25.85 | 28.52 | 30.5 | 28.76 | 29.64 | 26.44 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| FII | 2.06 | 3.14 | 3.45 | 3.67 | 4.08 | 4.12 | 4.22 | 4.58 | 4.65 | 4.95 |
| DII | 3.85 | 3.19 | 2.75 | 2.74 | 2.22 | 2.23 | 2.22 | 1.96 | 1.97 | 2.02 |
| Public | 94.09 | 93.67 | 93.8 | 93.59 | 93.69 | 93.66 | 93.56 | 93.47 | 93.38 | 93.02 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| FII | 0.33 | 0.5 | 0.55 | 0.58 | 0.65 | 0.65 | 0.67 | 0.72 | 0.74 | 0.78 |
| DII | 0.61 | 0.51 | 0.44 | 0.43 | 0.35 | 0.35 | 0.35 | 0.31 | 0.31 | 0.32 |
| Public | 14.9 | 14.83 | 14.85 | 14.82 | 14.84 | 14.83 | 14.81 | 14.8 | 14.79 | 14.73 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15.84 | 15.84 | 15.84 | 15.84 | 15.84 | 15.84 | 15.84 | 15.84 | 15.84 | 15.84 |
* The pros and cons are machine generated.
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