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Tamilnad Mercantile Bank Limited

Tamilnad Mercantile Bank Limited

TMB.BO
Tamilnad Mercantile Bank LimitedIN flagBombay Stock Exchange
772.20
INR
+3.90
- -
122.25BMarket Cap
Tamilnad Mercantile Bank Limited
TMB.BO
(Bombay Stock Exchange)

Recent

price

772.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
2026
TTM
FRC
129.53
153.09
184.37
171.97
176.55
198.98
214.96
199.69
Revenue per Share
28.61
42.34
57.67
65
67.7
74.68
84.47
75.8
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
13.56
15.61
25.88
17.79
23.84
26.44
32.43
10
Book Value per Share
279.25
321.38
374.41
437.53
500.23
568.9
638.46
589.13
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
31,619
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
12,002
Net Income, GAAP
- -
- -
36.83
35.4
23.07
24.91
25.96
24.77
Effective Tax Rate (%)
22.09
27.65
31.28
37.8
38.35
37.53
39.29
37.96
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
5,250
4,995
5,000
7,000
5,354
LT Debt
39,796
45,800
53,357
69,283
79,212
90,087
101,102
93,283
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
290.25
277.99
316.47
325.28
297.09
286.98
757.95
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
158
158
Market Capitalization
71,518
65,037
70,603

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
44,082
40,910
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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
- -
57.29%
10%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,811
6,888
6,950
7,308
27,956
2025
8,003
8,235
7,593
7,683
31,509
2026
8,108
8,422
9,462
- -
34,039

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.5
17.27
17.95
- -
67.7
2025
18.14
19.15
18.96
18.44
74.68
2026
19.25
21.57
23.6
- -
84.47

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
10
2026
- -
- -
- -
- -
11
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Business
Tamilnad Mercantile Bank Limited Tamilnad Mercantile Bank Limited (TMB.BO) operates as a private sector scheduled commercial 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. 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; and internet and mobile banking facilities. Its lending portfolio includes 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, along with sovereign gold bonds secured overdraft facilities and microenterprise and pharma finance; the bank serves retail, MSME, agricultural, and corporate customers, with a focus on South India while expanding nationally. Founded in 1921 and headquartered in Thoothukudi, Tamil Nadu, TMB maintains approximately 600 branches, over 1,150 ATMs, and various e-lobby centers across India. Recent developments include a strategic partnership with Wegofin Digital Solutions in October 2025 to launch a Banking-as-a-Payment Aggregator model for MSMEs, startups, and enterprises, enhancing digital payment services, merchant onboarding, UPI transactions, and fraud detection; the bank opened its 600th branch and plans 36 more in FY26 alongside a Rs 250 crore technology spend for national expansion; it also launched a new digital platform in November 2025 and reported total business of Rs 1,02,417 crore as of September 2025, with 11.47% year-on-year growth.