TMB · NSE

Tamilnad Mercantile Bank Limited

₹895.75

+0.48% (+₹4.3)

Prev. close

₹891.45

Volume

2,42,023

Delivery %

61.3%

As of

18 Sept 2026

Price history

₹895.75+₹121.15 (+15.64%) · 3M
10 Jun 202618 Sept 2026
₹942.45₹730.310 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Tamilnad Mercantile Bank Limited in the last 90 days.

Fundamentals

About Tamilnad Mercantile Bank Limited

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.

Details

Sector

Financial Services

Industry

Banks - Regional

CEO

Mr. Salee Sukumaran Nair

Headquarters

Thoothukudi

Employees

4,786

Key stats

Market cap

₹14,230.25 Cr

P/E ratio (TTM)

9.9

Dividend yield

1.38%

EPS (TTM)

₹91.23

Beta (1Y · daily vs NIFTY 50)

1.40

Beta (5Y · monthly vs NIFTY 50)

0.73

Shares float

10.97 Cr

EPS · quarter ended Jun 2026

₹25.99

Financial Performance

01 · Financials

0 Cr1000 Cr2000 Cr3000 Cr4000 Cr0%5%10%15%FY23FY24FY25FY26
RevenueNet incomeRevenue growth YoY

FY23 growth needs FY22 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0255075100FY23FY24FY25FY26

03 · Dividend Profile

0510150%25%50%75%100%24 Feb 2329 Aug 2320 Sept 2401 Aug 2512 Jun 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

0%5%10%15%20%FY23FY24FY25FY26
SalesFixed assets

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr20000 Cr40000 Cr60000 Cr80000 Cr0.02×0.04×0.06×0.08×FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr100 Cr200 Cr300 Cr400 CrFY22FY23FY24FY25FY26

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-2500 Cr0 Cr2500 Cr5000 CrFY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY22FY23FY24FY25FY26
₹2,723.11 Cr₹2,795.64 Cr₹3,150.89 Cr₹3,403.94 Cr
₹1,029.26 Cr₹1,072.03 Cr₹1,182.61 Cr₹1,337.55 Cr
Diluted EPS₹68.06₹67.7₹74.68₹84.47

Revenue, Depreciation & amortisation, Net income, Pretax income, Tax provision, Interest expense, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY22FY23FY24FY25FY26
₹52,858.49 Cr₹57,895.37 Cr₹61,552.46 Cr₹66,449.87 Cr₹75,299.60 Cr
Total debt₹0₹525.00 Cr₹499.54 Cr₹500.00 Cr₹700.00 Cr
Stockholders' equity₹5,335.71 Cr₹6,928.35 Cr₹7,921.20 Cr₹9,008.69 Cr₹10,110.16 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY22FY23FY24FY25FY26
₹-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
₹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
End cash position₹3,581.99 Cr₹3,568.12 Cr₹4,408.25 Cr₹4,214.94 Cr

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 22Jun 26(17Q)
Promoter0.00%
Public100.00%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Financial Services

Company
HDFC Bank Limited₹11.27 L Cr₹73116.21.388.6%0.81+4.7%-25.2%
ICICI Bank Limited₹9.75 L Cr₹1,347.617.62.6914.9%0.57+9.1%-5.0%
State Bank of India₹9.16 L Cr₹996.210.61.5414.0%1.22+9.2%+16.6%
Bajaj Finance Limited₹6.31 L Cr₹1,040.331.15.5416.7%3.10+19.7%+4.4%
Life Insurance Corporation Of India₹5.06 L Cr₹407.78.42.8732.5%+8.7%-54.2%
Kotak Mahindra Bank Limited₹4.08 L Cr₹41520.52.2510.6%0.53-0.3%-79.5%
Axis Bank Limited₹3.86 L Cr₹1,24014.01.8012.3%1.30+4.0%+10.1%
Bajaj Finserv Limited₹2.98 L Cr₹1,852.529.43.8212.6%4.64+13.6%-10.5%
Shriram Finance Limited₹2.34 L Cr₹1,01017.63.5515.2%2.76+13.9%+61.1%
SBI Life Insurance Company Limited₹1.77 L Cr₹1,73168.09.2912.9%-4.3%-5.0%
ICICI Prudential Asset Management Company Limited₹1.53 L Cr₹3,09843.836.5779.1%+23.1%
Tamilnad Mercantile Bank Limited₹14,230.25 Cr₹895.759.91.4113.2%0.07+8.0%+105.5%

Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Index membership

3 indices

Weight is a free-float market-cap-share estimate from NSE’s live index data, not NSE’s own published (and sometimes capped) index weight. Indices without a live weight feed are listed without one, in alphabetical order after the weighted ones.

TMB

Banking sector stocks today, August 19: Karnataka Bank jumps 3%, Tamilnad Mercantile Bank falls over 2%

Business Upturn · 1 month ago

TMB

Tamilnad Mercantile Bank Shares Trade About 4% Higher

HDFC Sky · 2 months ago