Tamilnad Mercantile Bank
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Tamilnad Mercantile Bank

732.60
-30.85
(-4.04%)
Market Cap
11,600.83 Cr
PE Ratio
9.03
Volume
2,91,372.00
Day High - Low
768.40 - 729.75
52W High-Low
798.25 - 411.80
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Key Fundamentals
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Market Cap
11,600.83 Cr
EPS
84.47
PE Ratio
9.03
PB Ratio
1.19
Book Value
638.46
EBITDA
1,899.20
Dividend Yield
1.64 %
Industry
Banks
Return on Equity
13.23
Debt to Equity
0.00
Forecast For
Actual

Company News

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neutral
Tamilnad Mercantile Bank Ltd has closed its trading window from July 1, 2026, until 48 hours after Q1FY27 results are announced.
positive
Tamilnad Mercantile Bank Eyes 60 New Branches by FY277 days ago
Tamilnad Mercantile Bank plans to open 60 new branches by FY27 to grow business outside Tamil Nadu beyond 30% and targets 15-20% MSME portfolio growth via BRE and LMS architecture.
neutral
Tamilnad Mercantile Bank filed its Business Responsibility and Sustainability Report for FY 2025-26. The report details improved energy and water intensity, zero data breaches, and ₹45.04 lakh in regulatory penalties.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
796.30
#1 12,25,663.58
15.42
#1 3,48,615.00
-25.97
#1 79,219
9.28
59.17
1,387.50
9,93,297.22
17.01
1,95,218.00
-33.73
58,611
9.24
70.72
1,377.20
4,27,995.32
16.22
1,32,538.00
-14.99
26,494
1.77
66.60
409.00
4,06,810.09
20.94
69,781.20
-34.84
19,181
9.94
66.40
86.40
92,900.75
#1 10.12
29,019.60
-14.80
9,211
-3.90
62.79
324.05
79,878.87
17.86
29,674.10
-7.36
4,483
24.26
68.41
24.87
78,041.14
22.28
30,208.40
-18.52
3,512
45.35
63.75
918.95
71,595.95
81.28
46,250.80
-17.93
889
#1 125.51
51.38
79.22
68,138.78
42.35
40,548.80
#1 -6.74
1,611
11.84
68.83
201.76
32,502.96
27.92
21,689.10
-12.95
1,224
68.01
47.98
Growth Rate
Revenue Growth
9.03 %
Net Income Growth
13.10 %
Cash Flow Change
-105.31 %
ROE
0.76 %
ROCE
-1.46 %
EBITDA Margin (Avg.)
2.35 %

Yearly Financial Results

Annual Financials
2018
2019
2020
2021
2022
2023
2024
2025
2026
Revenue
3,757
3,639
3,993
4,253
4,646
4,710
5,493
6,142
6,697
Expenses
1,367
1,212
1,231
1,355
1,470
1,276
1,327
1,490
1,505
EBITDA
349
432
615
827
1,158
1,448
1,469
1,661
1,899
Operating Profit %
58 %
62 %
64 %
62 %
62 %
69 %
73 %
72 %
74 %
Depreciation
40
36
30
29
33
54
75
86
93
Interest
2,041
1,994
2,147
2,072
2,019
1,987
2,697
2,990
3,292
Profit Before Tax
310
397
585
798
1,125
1,394
1,394
1,575
1,807
Tax
88
138
177
195
303
364
322
392
469
Net Profit
222
259
408
603
822
1,029
1,072
1,183
1,338
EPS in ₹
15.57
18.14
28.61
42.34
57.67
68.06
67.70
74.68
84.47

Balance Sheet

Balance Sheet
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
37,920
40,533
42,759
47,527
52,859
57,895
61,553
66,450
75,300
Fixed Assets
140
138
129
137
211
246
271
285
311
Current Assets
3,595
4,740
5,422
4,589
5,883
6,174
6,256
7,039
6,128
Capital Work in Progress
0
0
0
0
0
0
0
0
0
Investments
10,364
9,107
9,467
11,703
13,242
14,156
15,263
15,101
15,693
Other Assets
27,416
31,288
33,163
35,687
39,405
43,494
46,019
51,065
59,296
Total Equity & Liabilities
37,920
40,533
42,759
47,527
52,859
57,895
61,553
66,450
75,300
Current Liabilities
1,517
1,712
1,576
1,917
2,518
2,591
2,815
3,252
2,777
Non Current Liabilities
36,403
38,821
41,183
45,611
50,341
55,304
58,738
63,198
72,523
Total Equity
3,405
3,618
3,980
4,580
5,336
6,928
7,921
9,009
10,110
Reserve & Surplus
3,262
3,476
3,837
4,438
5,193
6,770
7,763
8,850
9,952
Share Capital
143
143
143
143
143
158
158
158
158

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Net Cash Flow
25
164
347
58
0
816
-1,032
1,147
-270
-14
840
-193
Investing Activities
-44
-63
-38
-26
0
-20
-37
-107
-89
-100
-99
-118
Operating Activities
319
-18
753
-389
0
567
-670
1,325
-1,270
-611
1,899
-101
Financing Activities
-250
245
-368
472
0
269
-324
-71
1,088
697
-960
26

Share Holding

% Holding
Sept 2021
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Promoter
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
3.45 %
3.67 %
4.08 %
4.12 %
4.22 %
4.58 %
4.65 %
4.95 %
6.19 %
DIIs
0.00 %
6.04 %
5.92 %
5.76 %
4.44 %
3.72 %
3.02 %
3.19 %
3.17 %
2.66 %
2.66 %
2.66 %
2.40 %
2.41 %
2.46 %
1.91 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
57.34 %
57.71 %
58.18 %
58.71 %
58.07 %
57.58 %
59.56 %
59.65 %
59.59 %
59.21 %
58.98 %
58.04 %
57.69 %
57.87 %
57.35 %
Others
100.00 %
36.62 %
36.37 %
36.06 %
36.85 %
38.21 %
39.40 %
33.81 %
33.51 %
33.67 %
34.01 %
34.14 %
34.99 %
35.25 %
34.72 %
34.56 %
No of Share Holders
20,934
80,836
82,844
96,007
1,06,297
1,01,724
1,05,095
1,13,643
1,16,186
1,20,897
1,23,233
1,27,154
1,25,220
1,24,440
1,19,203
1,17,065

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 5 5 10 11 12.5
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 1.24 1.03 2.43 1.9 1.64

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
14 Jul 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
14 Jul 2026 748.30 762.80
24 Feb 2023 DIVIDEND Dividend
5.00 /share
24 Feb 2023 458.55 457.35
29 Aug 2023 DIVIDEND Dividend
5.00 /share
29 Aug 2023 403.65 535.50
21 Sept 2024 DIVIDEND Dividend
10.00 /share
20 Sept 2024 482.40 481.50
27 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
27 Sept 2024 467.60 477.50
28 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 Oct 2024 445.20 424.90
29 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 Jan 2025 452.20 427.70
23 Apr 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
23 Apr 2025 412.45 448.35
25 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
25 Jul 2025 440.60 460.35
01 Aug 2025 DIVIDEND Dividend
11.00 /share
01 Aug 2025 448.35 455.50
08 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
08 Aug 2025 440.60 431.20
27 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
27 Oct 2025 427.70 450.15
04 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
04 Feb 2026 569.15 597.40
27 Apr 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
27 Apr 2026 612.55 639.90
12 Jun 2026 DIVIDEND Dividend
12.50 /share
12 Jun 2026 639.90 767.40

Announcements

Closure of Trading Window3 days ago
Announcement Under Regulation 30 (LODR) - "Opening Of New Branch"5 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication6 days ago
Announcement under Regulation 30 (LODR)-Meeting Updates7 days ago
Business Responsibility and Sustainability Reporting (BRSR)7 days ago
Reg. 34 (1) Annual Report.7 days ago
Notice Of The 104Th Annual General Meeting Of The Bank To Be Held On Tuesday July 14 2026 At 11:00 A.M.7 days ago
Announcement under Regulation 30 (LODR)-Credit RatingJun 11, 2026
Announcement Under Regulation 30 (LODR)-Newspaper PublicationJun 09, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 08, 2026
Announcement Under Regulation 30 (LODR) - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR) Of The BankJun 06, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementJun 05, 2026
Fixation Of Record Date For Final Dividend For The F.Y - 2025-26Jun 05, 2026
Board Meeting Outcome for Outcome Of Board Meeting Held On June 05 2026 - Intimation Of 104Th Annual General Meeting Of The Bank And Record Date For The Proposed DividendJun 05, 2026
Announcement Under Regulation 30 (LODR) - "Opening Of New Branch"May 28, 2026
Announcement Under Regulation 30 (LODR) - "Opening Of New Branches"May 27, 2026
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 25, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 22, 2026
Announcement Under Regulation 30 (LODR) - "Opening Of New Branch"May 20, 2026
Announcement Under Regulation 30 (LODR) - General UpdatesMay 14, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 09, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationMay 08, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationMay 08, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 04, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptApr 30, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationApr 30, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationApr 29, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationApr 29, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationApr 28, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 28, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 27, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeApr 27, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationApr 27, 2026
Corporate Action-Board approves DividendApr 27, 2026
Audited Financial Results For The Quarter And Financial Year Ended March 31 2026 And Final DividendApr 27, 2026
Board Meeting Outcome for Board Meeting Outcome For Audited Financial Results For The Quarter And Financial Year Ended March 31 2026 And Final DividendApr 27, 2026
Announcement Under Regulation 30 (LODR)-Newspaper PublicationApr 17, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationApr 08, 2026
Board Meeting Intimation for Board Meeting Intimation For Considering And Approving The Audited Financial Results Of The Bank For The Quarter And Financial Year Ended March 31 2026Apr 08, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 06, 2026
Announcement Under Regulation 30 (LODR) - General UpdatesApr 01, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 01, 2026
Announcement Under Regulation 30 (LODR) - UpdatesMar 31, 2026
Announcement Under Regulation 30 (LODR) - UpdatesMar 31, 2026
Announcement Under Regulation 30 (LODR) - "Opening Of New Branches"Mar 27, 2026
Announcement Under Regulation 30 (LODR)-UpdatesMar 24, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementMar 24, 2026
Closure of Trading WindowMar 24, 2026
Announcement Under Regulation 30 (LODR)-Newspaper PublicationMar 20, 2026
Announcement Under Regulation 30 (LODR)-UpdatesMar 18, 2026

Technical Indicators

RSI(14)
Neutral
57.56
ATR(14)
Less Volatile
26.45
STOCH(9,6)
Neutral
45.61
STOCH RSI(14)
Oversold
3.24
MACD(12,26)
Bearish
-2.11
ADX(14)
Strong Trend
30.91
UO(9)
Bearish
36.70
ROC(12)
Uptrend And Accelerating
3.32
WillR(14)
Neutral
-54.08