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Tamilnad Mercantile Bank Limited

Tamilnad Mercantile Bank Limited

842.00
INR
-7.60
(-0.89%)
90.41EPS
8.08P/E
115.64BMarket Cap
Tamilnad Mercantile Bank Limited
BSE:TMB
(Bombay Stock Exchange)

Recent

price

842.00

P/E

ratio

8.08

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
INR
129.53
153.09
184.37
171.97
176.55
198.98
214.96
227.52
Revenue per Share
28.61
42.34
57.67
65
67.7
74.68
84.47
90.41
Basic EPS, GAAP
38.38
-49.68
85.46
-85.85
-44.92
113.27
-14.48
- -
Free Cash Flow per Basic Share
3.86
- -
5
14
5
10
11
- -
Dividend per Share
251.32
289.23
336.95
437.53
500.23
568.9
638.46
667
Book Value per Share
251.32
289.23
336.95
437.53
500.23
568.9
638.46
667
Tangible Book Value per Share
143
143
143
158
158
158
158
158
Basic Weighted Avg Shares
18,460
21,817
26,275
27,231
27,956
31,509
34,039
36,026
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
301
286
332
539
752
862
926
- -
Depreciation Expense
4,077
6,033
8,219
10,293
10,720
11,826
13,375
14,316
Net Income, GAAP
- -
- -
36.83
35.4
23.07
24.91
25.96
25.88
Effective Tax Rate (%)
22.09
27.65
31.28
37.8
38.35
37.53
39.29
39.74
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
5,250
4,995
5,000
7,000
15,402
LT Debt
39,796
45,800
53,357
69,283
79,212
90,087
101,102
105,620
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
14.1
16.58
16.1
13.51
13.19
13.17
13.25
Return on Capital (%)
- -
14.1
16.58
16.78
14.44
13.97
13.99
14.63
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
158
158
158
Market Capitalization
81,361
91,891
115,636

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
31,314
42,149
40,728
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.33%
12.23%
Free Cash Flow
- -
-199.25%
-112.78%
Net Income, GAAP
- -
17.81%
13.1%
Sales/Revenue/Turnover
- -
9.49%
8.03%
Total Cash Common Dividend
- -
- -
10%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8,003
8,235
7,593
7,683
31,509
2026
8,108
- -
8,422
9,462
34,039
2027
10,034
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
18.14
19.15
18.96
18.44
74.68
2026
19.25
- -
21.57
23.6
84.47
2027
25.99
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
10
2026
- -
- -
- -
- -
11
2027
- -
- -
- -
- -
- -
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Business
Tamilnad Mercantile Bank Limited (TMB.NS) operates as a private sector bank in India, providing a comprehensive range of banking and financial services through its Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments to retail, MSME, agricultural, and corporate customers primarily in South India. The bank offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; demat and equity trading accounts; portfolio management services; POS terminals; e-tax payments; online bill payments; mutual funds; insurance; sovereign gold bond schemes; forex services; internet and mobile banking; and specialized loans including home, car, two-wheeler, personal, loan against property, pension, pharma and health care, education, gold, jewel, commercial vehicle, traders and service, MSME, rice and dhall mill, NRI, doctor, agricultural, green energy, and Mahalir loans, as well as sovereign gold bonds secured overdraft facilities and microenterprise finance. Founded in 1921 as Nadar Bank and renamed Tamilnad Mercantile Bank in 1962, it maintains headquarters in Thoothukudi, Tamil Nadu, with over 587 branches, 12 regional offices, and a nationwide network of ATMs and digital facilities across India. In recent developments, the bank continues aggressive branch expansion with new openings such as its 584th and 585th branches in Kayarambedu (Tamil Nadu) and Malleswaram (Karnataka) on June 30, 2025, and 586th and 587th in Anantapur (Andhra Pradesh) and Jalakandapuram (Tamil Nadu) on August 8, 2025, alongside plans for 40 additional branches focusing on MSME and retail growth beyond Tamil Nadu; it appointed Vincent Menachery Devassy as Executive Director on September 27, 2024, hired a global consultant to bolster MSME lending with eight dedicated hubs and further rollout, enhanced digital offerings including a new mobile banking app update, online ReKYC portal, GST payment capabilities, and auto-renewal for term deposits; and reported strong Q2 FY2026 results with 11.47% year-on-year total business growth, 10.49% advances increase, and 12.32% deposit growth as of September 30, 2025.