Tamilnad Mercantile Bank Ltd (TMB)
₹804.50
Mkt cap
₹12,739 Cr
P/E ratio
9.53
P/B
1.26
Div yield
1.55%
ROE
14.00%
ROCE
7.51%
EPS (TTM)
₹84.42
Book value
₹638
52W range
422–818
Sector
Financial Services
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]
Health check
Constructive
ValuationCheap
ProfitabilityWeak
TechnicalsBullish
52-week range
−1.70% from high₹805
₹422+90.66% from low₹818
Current
₹804.50
Prev close
₹802.85
Day
+0.21%
Price performance
1D
+0.21%
1W
−0.19%
1M
+9.81%
3M
+25.72%
6M
+48.77%
1Y
+76.27%
YTD
+52.43%
Financials
FRevenue, profit & margin
P/E ratio
9.5×
TMB is 33% below the sector median of 14.1×
TMB9.5×
Sector median14.1×
| 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 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,070 | 1,156 | 1,209 | 1,229 | 1,254 | 1,281 | 1,337 | 1,331 | 1,342 | 1,386 | 1,413 | 1,469 | 1,550 | |
| Interest | 543 | 642 | 676 | 692 | 687 | 715 | 741 | 761 | 774 | 807 | 816 | 823 | 846 | |
| Expenses | 364 | 340 | 347 | 327 | 388 | 417 | 423 | 355 | 382 | 407 | 373 | 375 | 443 | |
| Financing Profit | 163 | 174 | 186 | 210 | 179 | 150 | 173 | 216 | 186 | 173 | 224 | 271 | 262 | |
| Financing Margin % | 15% | 15% | 15% | 17% | 14% | 12% | 13% | 16% | 14% | 12% | 16% | 18% | 17% | |
| Other Income | 184 | 167 | 156 | 158 | 164 | 234 | 227 | 189 | 200 | 231 | 208 | 196 | 242 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 347 | 341 | 342 | 368 | 343 | 383 | 400 | 404 | 387 | 404 | 432 | 467 | 504 | |
| Tax % | 27% | 23% | 20% | 23% | 26% | 25% | 24% | 26% | 25% | 25% | 27% | 27% | 26% | |
| Net Profit | 253 | 261 | 274 | 284 | 253 | 287 | 303 | 300 | 292 | 305 | 318 | 342 | 374 | |
| EPS in Rs | 15.98 | 16.50 | 17.27 | 17.95 | 15.98 | 18.14 | 19.15 | 18.96 | 18.43 | 19.25 | 20.05 | 21.57 | 23.60 | |
| Gross NPA % | 1.39% | 1.56% | 1.70% | 1.69% | 1.44% | 1.44% | 1.37% | 1.32% | 1.25% | 1.22% | 1.01% | 0.91% | 0.73% | |
| Net NPA % | 0.62% | 0.66% | 0.99% | 0.98% | 0.85% | 0.65% | 0.46% | 0.41% | 0.36% | 0.33% | 0.26% | 0.20% | 0.18% | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
27 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 2026FIIs6.73%0.54
DIIs1.96%0.05
Public91.32%0.59
Ownership trend
Peers
P8 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 | ₹742.80 | 14.48 | 11,44,294 | 1.75% | 20,383 | +18.37% | 90,575 | +3.67% | 7.02% |
| ICICI Bank | ₹1,432.90 | 18.33 | 10,28,039 | 0.84% | 16,276 | +13.88% | 52,241 | +6.44% | 7.18% |
| Kotak Mah. Bank | ₹384.75 | 19.11 | 3,82,725 | 0.17% | 5,480 | +22.55% | 18,355 | +6.41% | 6.98% |
| Axis Bank | ₹1,227.30 | 13.75 | 3,81,823 | 0.08% | 7,670 | +22.24% | 35,542 | +9.87% | 6.24% |
| IDBI Bank | ₹84.93 | 9.80 | 91,320 | 2.47% | 2,131 | +5.35% | 7,549 | +7.44% | 5.92% |
| Federal Bank | ₹354.30 | 18.68 | 87,481 | 0.34% | 1,302 | +36.78% | 7,862 | +9.94% | 6.39% |
| IndusInd Bank | ₹996.05 | 58.69 | 77,606 | 0.15% | 1,037 | +71.68% | 11,310 | −7.78% | 5.68% |
| T N Merc. Bank | ₹804.50 | 9.53 | 12,739 | 1.55% | 374 | +28.01% | 1,550 | +15.56% | 7.51% |
| Median: 20 Co. | ₹309.30 | 14.12 | 43,703 | 0.78% | 629 | +27.33% | 4,735 | +9.64% | 6.40% |
Filings
DAnnual reports5
Concall transcripts36
PPTMay 2026TranscriptMay 2026PPTMay 2026RECMay 2026PPTApr 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptJul 2025PPTJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024PPTAug 2024PPTAug 2024TranscriptApr 2024PPTApr 2024RECApr 2024
Credit ratings6
Announcements5
Announcement Under Regulation 30 (LODR) - Change In Email Domain Of The Bank 21 Jul - Bank to change email domain from @tmbank.in to @tmb.bank.in; old domain active 30 days.Announcement Under Regulation 30 (LODR) - General Updates 16 Jul - SAFEMA tribunal reduced TMB's penalty from Rs.17 crore to Rs.3.40 crore; Rs.13.60 crore refundable.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 15 JulAnnouncement Under Regulation 30 (LODR) - General Updates 14 Jul - Appellate Tribunal dismissed appeal on 46,862 shares confiscation matter; order received July 14, 2026.Shareholder Meeting / Postal Ballot-Outcome of AGM 14 Jul