Tamilnad Mercantile Bank Ltd (TMB)
₹926.80
Mkt cap
₹14,829 Cr
P/E ratio
10.30
P/B
1.39
Div yield
1.33%
ROE
14.00%
ROCE
7.51%
EPS (TTM)
₹89.98
Book value
₹667
52W range
422–942
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
Constructive
ValuationCheap
ProfitabilityWeak
TechnicalsBullish
52-week range
−1.66% from high₹927
₹422+119.65% from low₹942
Current
₹926.80
Prev close
₹934.85
Day
−0.86%
Price performance
1D
−0.86%
1W
+2.06%
1M
+4.11%
3M
+19.65%
6M
+42.60%
1Y
+119.44%
YTD
+75.60%
Financials
Revenue, profit & margin
P/E ratio
10.3×
TMB is 27% below the sector median of 14.0×
TMB10.3×
Sector median14.0×
| 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 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,156 | 1,209 | 1,229 | 1,254 | 1,281 | 1,337 | 1,331 | 1,342 | 1,386 | 1,413 | 1,469 | 1,550 | 1,662 | |
| Interest | 642 | 676 | 692 | 687 | 715 | 741 | 761 | 774 | 807 | 816 | 823 | 846 | 897 | |
| Expenses | 340 | 347 | 327 | 388 | 417 | 423 | 355 | 382 | 407 | 373 | 375 | 443 | 446 | |
| Financing Profit | 174 | 186 | 210 | 179 | 150 | 173 | 216 | 186 | 173 | 224 | 271 | 262 | 319 | |
| Financing Margin % | 15% | 15% | 17% | 14% | 12% | 13% | 16% | 14% | 12% | 16% | 18% | 17% | 19% | |
| Other Income | 167 | 156 | 158 | 164 | 234 | 227 | 189 | 200 | 231 | 208 | 196 | 242 | 238 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 341 | 342 | 368 | 343 | 383 | 400 | 404 | 387 | 404 | 432 | 467 | 504 | 557 | |
| Tax % | 23% | 20% | 23% | 26% | 25% | 24% | 26% | 25% | 25% | 27% | 27% | 26% | 26% | |
| Net Profit | 261 | 274 | 284 | 253 | 287 | 303 | 300 | 292 | 305 | 318 | 342 | 374 | 412 | |
| EPS in Rs | 16.50 | 17.27 | 17.95 | 15.98 | 18.14 | 19.15 | 18.96 | 18.43 | 19.25 | 20.05 | 21.57 | 23.60 | 25.99 | |
| Gross NPA % | 1.56% | 1.70% | 1.69% | 1.44% | 1.44% | 1.37% | 1.32% | 1.25% | 1.22% | 1.01% | 0.91% | 0.73% | 0.69% | |
| Net NPA % | 0.66% | 0.99% | 0.98% | 0.85% | 0.65% | 0.46% | 0.41% | 0.36% | 0.33% | 0.26% | 0.20% | 0.18% | 0.17% | |
| 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.
Avg earnings-day move −1.44% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 27 Jul '26 |
| Earnings day | −1.44% |
| +1 day | −3.18% |
| +5 days | −4.12% |
| +15 days | −5.21% |
| +30 days | — |
| Filing |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 2026FIIs6.73%0.54
DIIs1.96%0.05
Public91.32%0.59
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 |
|---|---|---|---|---|---|---|---|---|---|
| HDFCBANK | ₹710.50 | 13.86 | 10,95,177 | 1.83% | 20,383 | +18.37% | 90,575 | +3.67% | 7.02% |
| ICICIBANK | ₹1,427.50 | 18.27 | 10,24,554 | 0.84% | 16,276 | +13.88% | 52,241 | +6.44% | 7.18% |
| KOTAKBANK | ₹422.10 | 20.96 | 4,19,891 | 0.15% | 5,480 | +22.55% | 18,355 | +6.41% | 6.98% |
| AXISBANK | ₹1,266.00 | 14.19 | 3,94,137 | 0.08% | 7,670 | +22.24% | 35,542 | +9.87% | 6.24% |
| IDBI | ₹90.75 | 10.47 | 97,578 | 2.31% | 2,131 | +5.35% | 7,549 | +7.44% | 5.92% |
| FEDERALBNK | ₹342.00 | 18.05 | 84,545 | 0.35% | 1,302 | +36.78% | 7,862 | +9.94% | 6.39% |
| INDUSINDBK | ₹998.00 | 58.80 | 77,758 | 0.15% | 1,037 | +71.68% | 11,310 | −7.78% | 5.68% |
| TMB | ₹936.45 | 10.27 | 14,829 | 1.33% | 412 | +34.97% | 1,662 | +19.92% | 7.51% |
| Median: 20 Co. | ₹327.38 | 14.02 | 48,696 | 0.71% | 629 | +29.59% | 4,735 | +9.64% | 6.40% |
Filings
Annual reports5
Concall transcripts39
TranscriptJul 2026PPTJul 2026RECJul 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RECMay 2026PPTApr 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptJul 2025PPTJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024PPTAug 2024PPTAug 2024
Credit ratings6
Announcements5
Announcement Under Regulation 30 (LODR)- Copy Of Newspaper Publication 28 Aug - Tamilnad Mercantile Bank Limited has informed about Copy of Newspaper Publication regarding opening of another Special Window for Re-lodgement of Transfer Requests of Physical SharesAnnouncement Under Regulation 30 - General Updates 26 Aug - Tamilnad Mercantile Bank will open a new branch at Thiruvottiyur, Tamil Nadu on 27 August 2026.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 6 Aug - Tamilnad Mercantile Bank to attend investor meet with Wealth India on August 11, 2026.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 30 Jul - Tamilnad Mercantile Bank Limited has informed about TranscriptAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 29 Jul - Tamilnad Mercantile Bank will attend Anand Rathi G-200 Summit 2026 on September 21, 2026.