TMB

Tamilnad Mercantile Bank Ltd.

NSE: TMB

BSE: 543596

Sector: Financial Services

Industry Group: Banks

Industry: Private Sector Bank

929.90-5.0 (-0.53%)

8 Sep, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

52.6 / 100

Value Score

78.9 / 100

Price Momentum Score

94.9 / 100

QVM Score

95.2 / 100

Key Metrics

Market Cap

14725.10

P/E (TTM)

11.01

P/B

1.39

P/S (TTM)

2.42

EV/EBITDA

6.42

CAPE (5Y)

13.53

ROE (TTM)

13.45

ROCE (TTM)

17.37

ROA (TTM)

1.89

Avg 3Y ROE

14.13

Earnings 3Y CAGR

9.13

Sales 3Y CAGR

9.49

Sales 5Y CAGR

9.30

Debt/Equity

0.15

Consensus TP

Strong Buy %

Promoter Holding

Pledged %

Stock Analysis

Fundamental analysis overview of Tamilnad Mercantile Bank Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and reasonably valued with respect to the industry

PB of 1.39 indicates that the stock is cheap on a standalone basis. Premium to industry median P/B is modest at 1.46%

What is P/B Ratio?

Median: 1.37

Value 1.39

0.823.88

Strong price momentum

Price Momentum score of 94.9 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

94.9 / 100

Moderate revenue growth and above median growth of industry

The company delivered moderate revenue growth of 13.76% for 12-month ended 30 Jun 2026 and the growth was 5.83 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 7.93

Value 13.76

-5.5721.45

Low and declining Gross NPA

The company has low Gross NPA of 0.73% as on 30 Jun 2026 and Gross NPA decreased by 0.49 in the last 1 year

What is Gross NPA (%)?

Consistently pays dividend

The company has not missed dividend payments once in the last 4 financial years

What is Dividend streak?

Negative

Not enough talking points with negative stance

Neutral

Moderate and stable Net Interest Margin (NIM)

The company reported moderate Net Interest Margin (NIM) of 3.84% for 12-month ended 30 Jun 2026 and Net Interest Margin (NIM) improved marginally by 10 bps from 1 year ago

What is Net interest margin?

Moderate and stable ROE

The company reported moderate ROE of 13.45% for 12-month ended 30 Jun 2026 and ROE declined marginally by -20 bps from 1 year ago

What is ROE (FY)?

Moderate EPS growth and in line with median growth of industry

The company delivered moderate EPS growth of 13.1% for 12-month ended 30 Jun 2026 and the growth was 0.88 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Moderate dividend yield

The company has a moderate dividend yield of 1.34%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for Tamilnad Mercantile Bank Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

ROA FY

Tamilnad Mercantile Bank Ltd. Shareholding Pattern

Quarterly breakdown of Tamilnad Mercantile Bank Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2013	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	30.44	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Indian Promoter	13.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign Promoter	16.89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.00	6.34	6.06	5.54	5.15	5.91	6.33	6.20	6.41	6.30	6.35	6.44	6.54	6.62	6.97	7.55	8.25
Mutual Funds / UTI	0.00	-	-	0.01	0.09	0.11	0.08	0.15	0.18	-	-	-	-	-	-	0.35	0.58
FI/Bank/Insurance	0.00	4.80	4.69	4.59	4.35	3.62	2.94	2.46	2.41	2.08	2.08	2.07	1.77	1.77	1.75	0.73	0.65
Govt	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.73	0.58	0.22	0.07	2.06	3.13	3.45	3.67	4.08	4.12	4.22	4.58	4.65	4.95	6.19	6.73
Other Institutions	0.00	0.81	0.79	0.72	0.65	0.12	0.18	0.14	0.14	0.14	0.15	0.15	0.19	0.20	0.28	0.28	0.29
Non-Institution	69.56	93.66	93.94	94.46	94.85	94.09	93.67	93.80	93.59	93.70	93.66	93.56	93.47	93.38	93.03	92.45	91.75
Bodies Corporate	0.00	5.23	5.16	5.14	5.11	4.96	4.96	4.98	4.24	4.37	4.72	4.83	4.89	4.96	3.73	3.55	3.58
Others (incl. Retail) No. of shareholders	69.56 0	88.43 89,667	88.78 82,377	89.32 95,550	89.74 1,05,866	89.13 1,01,502	88.71 1,04,842	88.82 1,13,368	89.35 1,15,894	89.33 1,20,584	88.94 1,22,912	88.73 1,26,819	88.58 1,24,866	88.42 1,24,096	89.30 1,18,861	88.90 1,16,715	88.17 1,16,775

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Microcap 250	1.1%	10 / 250
2	Nifty Total Market	0.05%	314 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Tamilnad Mercantile Bank Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
D.N.NIRRANJANKANI Directors Immediate Relative	December-2025	Market Purchase (Acquisition) 31st Dec 2025	0.72 %	₹ 510.00	100.00	₹ 51.00 k
C.S.RAJENDRAN Directors Immediate Relative	December-2025	Market Purchase (Acquisition) 31st Dec 2025	1.34 %	₹ 510.00	200.00	₹ 1.02 lac
C.S.RAJENDRAN Directors Immediate Relative	December-2025	Market Purchase (Acquisition) 23rd Dec 2025	1.34 %	₹ 520.00	400.00	₹ 2.08 lac
C.S.RAJENDRAN Directors Immediate Relative	December-2025	Market Purchase (Acquisition) 15th Dec 2025	1.34 %	₹ 500.00	300.00	₹ 1.50 lac
Nithisha.V Other	November-2023	Market Purchase (Acquisition) 9th Nov 2023	0.00 %	₹ 526.98	2.00 k	₹ 10.54 lac
Asok Sparklers Factory Immediate Relative	November-2023	Market Purchase (Acquisition) 9th Nov 2023	0.00 %	₹ 526.66	2.10 k	₹ 11.06 lac
Nithisha.V Immediate Relative	November-2023	Market Purchase (Acquisition) 3rd Nov 2023	0.00 %	₹ 535.32	2.10 k	₹ 11.24 lac
Nithisha.V Immediate Relative	October-2023	Market Purchase (Acquisition) 30th Oct 2023	0.00 %	₹ 549.00	2.00 k	₹ 10.98 lac
Asok Sparklers Factory Other	October-2023	Market Purchase (Acquisition) 30th Oct 2023	0.00 %	₹ 547.00	2.00 k	₹ 10.94 lac
Nithisha.V Directors Immediate Relative	September-2023	Market Purchase (Acquisition) 30th Sep 2023	0.00 %	₹ 543.70	2.00 k	₹ 10.87 lac

…

Corporate Actions

History of Tamilnad Mercantile Bank Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 12.50/share
Record date: 12th Jun 2026Ex-date: 12th Jun 2026
Announced on: 27th Apr 2026
Dividend₹ 11/share
Record date: 1st Aug 2025Ex-date: 1st Aug 2025
Announced on: 23rd Apr 2025
Dividend₹ 10/share
Record date: 20th Sep 2024Ex-date: 20th Sep 2024
Announced on: 22nd Apr 2024
Dividend₹ 5/share
Record date: 29th Aug 2023Ex-date: 29th Aug 2023
Announced on: 24th Apr 2023
Dividend₹ 5/share
Record date: 24th Feb 2023Ex-date: 24th Feb 2023
Announced on: 14th Feb 2023

Company Profile

Overview of Tamilnad Mercantile Bank Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Tamilnad Mercantile Bank Limited (the Bank) is engaged in providing banking and financial services, including retail, corporate banking, and para-banking activities, as well as treasury and foreign exchange business. Its segments include Treasury segment, which comprises investments in central and s...

Key personnel

Mr. Thiru S. Sridharan

Additional Non-Executive Independent Director

Shri. Salee Sukumaran Nair

Chief Executive Officer, Managing Director

Shri. Sanjoy Kumar Goel

Chief Financial Officer

Shri. Swapnil Ashok Yelgaonkar

Compliance Officer, Company Secretary

Thiru Laxman Karkala Kudva

Chief Risk Officer

Thiru S. Balasubramanian

Data Protection Officer

Thiru John J. Mathews

Chief Security Officer

Mr. Vincent Menachery DevassyD

Whole Time Director

View all

Incorporated on

11 May 1921

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

4,786

IPO date

15 Sep 2022

Free Float

11,14,96,795

Website

https://www.tmb.in/

Phone no.

+914612321382

Address

57, V. E. Road, THOOTHUKUDI, 628002, India

Frequently Asked Questions

What is the current share price of Tamilnad Mercantile Bank Ltd.?

The current share price of Tamilnad Mercantile Bank Ltd. is ₹ 929.90 as of 8 Sep 2026.

What is the market capitalisation of Tamilnad Mercantile Bank Ltd.?

The market capitalisation of Tamilnad Mercantile Bank Ltd. stands at ₹ 14,725.10 Cr.

What is the PE ratio of Tamilnad Mercantile Bank Ltd.?

The Price-to-Earnings (PE) ratio of Tamilnad Mercantile Bank Ltd. is 11.01 as of the latest trailing twelve months data.

What is the ROE and ROCE of Tamilnad Mercantile Bank Ltd.?

Tamilnad Mercantile Bank Ltd. has a Return on Equity (ROE) of 13.45% and a Return on Capital Employed (ROCE) of 17.37% as per the latest financial reports.

What is the 52-week high and low of Tamilnad Mercantile Bank Ltd.?

The 52-week high of Tamilnad Mercantile Bank Ltd. is - and the 52-week low is -.

What is the dividend yield of Tamilnad Mercantile Bank Ltd.?

The dividend yield of Tamilnad Mercantile Bank Ltd. is 1.34% based on the current market price.

What is the FII and DII holding in Tamilnad Mercantile Bank Ltd.?

Foreign Institutional Investors (FII) hold 6.73%, Domestic Institutional Investors (DII) hold 1.23% and retail/public investors hold 88.17% of Tamilnad Mercantile Bank Ltd. shares.

What sector does Tamilnad Mercantile Bank Ltd. belong to?

Tamilnad Mercantile Bank Ltd. operates in the Financial Services sector.

What is the beta of Tamilnad Mercantile Bank Ltd.?

The beta of Tamilnad Mercantile Bank Ltd. is 1.31, indicating its price volatility relative to the broader market. Over the past 1 year, Tamilnad Mercantile Bank Ltd. has delivered an absolute return of 120.11%.

What is the RSI of Tamilnad Mercantile Bank Ltd.?

The 14-day Relative Strength Index (RSI) of Tamilnad Mercantile Bank Ltd. is 63.15, placing it approaching overbought territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Tamilnad Mercantile Bank Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Tamilnad Mercantile Bank Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Holdings and Presence

Company Profile