Tamilnad Mercantile Bank Ltd (TMB)
₹801.35
Mkt cap
₹12,689 Cr
P/E ratio
8.04
P/B
1.18
Div yield
1.56%
ROE
14.00%
ROCE
7.51%
EPS (TTM)
₹99.67
Book value
₹680
52W range
444–954
Sector
Financial Services
Price history
Previous close
Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs). [1]
NSE TMBBSE 543596
Health check
Mixed
ValuationCheap
ProfitabilityWeak
TechnicalsNeutral
52-week range
−16.02% from high₹801
₹444+80.46% from low₹954
Current
₹801.35
Prev close
₹811.85
Day
−1.29%
Price performance
1D
−1.10%
1W
+0.29%
1M
−7.02%
3M
−5.73%
6M
+7.83%
1Y
+78.55%
YTD
+51.83%
Financials
Revenue, profit & margin
P/E ratio
8.0×
TMB is 34% below the sector median of 12.1×
TMB8.0×
Sector median12.1×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,209 | 1,229 | 1,254 | 1,281 | 1,337 | 1,331 | 1,342 | 1,386 | 1,413 | 1,469 | 1,550 | 1,662 | 1,820 | |
| Interest | 676 | 692 | 687 | 715 | 741 | 761 | 774 | 807 | 816 | 823 | 846 | 897 | 1,013 | |
| Expenses | 347 | 327 | 388 | 417 | 423 | 355 | 382 | 407 | 373 | 375 | 443 | 446 | 431 | |
| Financing Profit | 186 | 210 | 179 | 150 | 173 | 216 | 186 | 173 | 224 | 271 | 262 | 319 | 376 | |
| Financing Margin % | 15% | 17% | 14% | 12% | 13% | 16% | 14% | 12% | 16% | 18% | 17% | 19% | 21% | |
| Other Income | 156 | 158 | 164 | 234 | 227 | 189 | 200 | 231 | 208 | 196 | 242 | 238 | 232 | |
| Depreciation | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| Profit before tax | 342 | 368 | 343 | 383 | 400 | 404 | 387 | 404 | 432 | 467 | 504 | 557 | 608 | |
| Tax % | 20% | 23% | 26% | 25% | 24% | 26% | 25% | 25% | 27% | 27% | 26% | 26% | 26% | |
| Net Profit | 274 | 284 | 253 | 287 | 303 | 300 | 292 | 305 | 318 | 342 | 374 | 412 | 451 | |
| EPS in Rs | 17.27 | 17.95 | 15.98 | 18.14 | 19.15 | 18.96 | 18.43 | 19.25 | 20.05 | 21.57 | 23.60 | 25.99 | 28.49 | |
| Gross NPA % | 1.70% | 1.69% | 1.44% | 1.44% | 1.37% | 1.32% | 1.25% | 1.22% | 1.01% | 0.91% | 0.73% | 0.69% | 0.61% | |
| Net NPA % | 0.99% | 0.98% | 0.85% | 0.65% | 0.46% | 0.41% | 0.36% | 0.33% | 0.26% | 0.20% | 0.18% | 0.17% | 0.14% | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 2026FIIs6.85%0.12
DIIs2.07%0.11
Public91.06%0.26
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| HDFC Bank | ₹692.80 | 13.34 | 10,68,834 | 1.88% | 21,537 | +5.55% | 95,132 | +9.35% | 7.02% |
| ICICI Bank | ₹1,398.00 | 17.00 | 10,03,901 | 0.86% | 17,389 | +22.28% | 55,992 | +16.21% | 7.18% |
| Kotak Mah. Bank | ₹461.60 | 21.65 | 4,59,194 | 0.14% | 5,645 | +26.34% | 19,856 | +15.45% | 6.98% |
| Axis Bank | ₹1,217.00 | 12.65 | 3,78,983 | 0.08% | 7,666 | +39.38% | 38,087 | +17.88% | 6.24% |
| IDBI Bank | ₹80.32 | 10.40 | 86,363 | 0.00% | 2,226 | −31.43% | 8,519 | +19.84% | 5.92% |
| Federal Bank | ₹339.70 | 16.19 | 84,008 | 0.35% | 1,568 | +51.08% | 8,383 | +16.17% | 6.39% |
| IndusInd Bank | ₹838.00 | 21.76 | 65,292 | 0.18% | 1,242 | +384.24% | 11,796 | +1.61% | 5.68% |
| T N Merc. Bank | ₹801.35 | 8.04 | 12,689 | 1.56% | 451 | +42.09% | 1,820 | +28.78% | 7.51% |
| Median: 20 Co. | ₹297.02 | 12.14 | 40,987 | 0.35% | 705 | +36.92% | 5,038 | +16.19% | 6.40% |
Filings
Annual reports5
Concall transcripts42
TranscriptOct 2026PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RECMay 2026PPTApr 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptJul 2025PPTJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024
Credit ratings6
Announcements5
General Updates 30 Oct - TMB clarifies ₹304.24 crore ECL provisioning is proactive; ECL applies from April 1, 2027.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 29 Oct - Tamilnad Mercantile Bank Limited has informed about TranscriptGeneral Updates 29 Oct - Tamilnad Mercantile Bank won two global Oracle Excellence Awards 2026 for customer and employee experience.Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Oct - Tamilnad Mercantile Bank Limited has informed about Copy of Newspaper PublicationAnnouncement under Regulation 30 (LODR)-Press Release / Media Release 26 Oct - Tamilnad Mercantile Bank Q2 FY2027 net profit rose 42.09% to ₹451 crore; opened 3 branches.