Tamilnad Mercantile Bank

Tamilnad Mercantile Bank

426.45
-1.95
(-0.46%)
Market Cap
6,783.80 Cr
EPS
74.68
PE Ratio
5.65
Dividend Yield
0.02 %
Industry
Banks
52 Week High
513.55
52 Week Low
401.00
PB Ratio
0.73
Debt to Equity
0.00
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%

Company News

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Tamilnad Mercantile Bank Limited opened a new NRI branch in Kochi, Ernakulam District, Kerala on September 23, 2025. The branch is located at D.No: 67/6169, 1st Floor, Elizabeth Alexander Memorial Building, Marine Drive, Kochi, Kerala. The bank notified stock exchanges about this branch expansion through its Company Secretary & Compliance Officer, Swapnil Yelgaonkar.
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Tamilnad Mercantile Bank's Board of Directors approved amendments to the Bank's Articles of Association during a meeting held on September 18, 2025. The key amendments include: modifying director age eligibility requirements to between 35 and 75 years (except for Whole-Time Directors), updating sitting fees structure for directors attending Board or Committee meetings with Board discretion within regulatory limits, and revising notice delivery methods to include electronic means alongside traditional post/courier services. The amendments also specify that notice service through electronic means or post shall be deemed effective when properly addressed and sent, or after 48 hours for meeting notices. These changes require approval from the Reserve Bank of India and shareholders through a Special Resolution via Postal Ballot.
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Tamilnad Mercantile Bank Appoints K. Ramachandran as Non-Executive ChairmanAug 14, 2025
Tamilnad Mercantile Bank received Reserve Bank of India approval for the appointment of K. Ramachandran as Non-Executive (Part-Time) Chairman. The appointment is effective from August 14, 2025 to June 11, 2028, with a fixed remuneration of Rs. 18 lakh per annum plus sitting fees and reimbursement of incidental expenses for attending Board and Board Committee meetings. The approval was granted under section 10B(1A)(i) of the Banking Regulation Act, 1949.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
949.85
#1 14,58,513.90
20.69
#1 4,70,915.90
15.42
#1 73,440
-0.57
35.55
1,375.80
9,86,560.00
18.66
2,94,586.90
#1 24.81
54,419
16.00
32.89
2,013.50
4,03,878.70
21.09
1,07,095.00
13.60
21,946
-39.96
55.86
1,166.60
3,59,383.90
12.90
1,55,916.90
12.99
28,112
-2.90
72.51
90.89
98,932.90
12.50
34,058.70
12.14
7,656
16.37
49.18
21.35
66,457.50
24.36
37,075.60
12.48
2,447
#1 56.72
65.90
740.75
57,708.60
57.20
56,358.10
2.20
2,575
-72.17
42.99
69.93
51,361.10
39.56
43,478.30
19.92
1,490
-29.43
42.88
193.33
47,581.50
#1 11.75
32,030.20
19.60
4,202
-9.24
42.92
157.27
25,529.10
12.43
24,914.80
18.41
2,745
-65.02
37.20
Forecast
Actual
Growth Rate
Revenue Growth
11.81 %
Net Income Growth
10.32 %
Cash Flow Change
411.01 %
ROE
-2.96 %
ROCE
3.31 %
EBITDA Margin (Avg.)
-0.13 %

Yearly Financial Results

Annual Financials
2018
2019
2020
2021
2022
2023
2024
2025
TTM
Revenue
3,757
3,639
3,993
4,253
4,646
4,710
5,493
6,142
6,244
Expenses
1,367
1,212
1,231
1,355
1,470
1,276
1,327
1,490
1,567
EBITDA
349
432
615
827
1,158
1,448
1,469
1,661
1,595
Operating Profit %
58 %
62 %
64 %
62 %
62 %
69 %
73 %
72 %
71 %
Depreciation
40
36
30
29
33
54
75
86
0
Interest
2,041
1,994
2,147
2,072
2,019
1,987
2,697
2,990
3,082
Profit Before Tax
310
397
585
798
1,125
1,394
1,394
1,575
1,595
Tax
88
138
177
195
303
364
322
392
395
Net Profit
222
259
408
603
822
1,029
1,072
1,183
1,200
EPS in ₹
15.57
18.14
28.61
42.34
57.67
68.06
67.70
74.68
75.80

Balance Sheet

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

Cash Flow

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

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
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 %
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 %
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 %
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 %
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 %
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 %
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

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 0.00 5 5 10 0.07
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 0.00 1.24 1.03 2.43 0.02

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
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

Announcements

Announcement Under Regulation 30(LODR) - Opening Of New Branch2 days ago
Board Meeting Outcome for Outcome Of Board Meeting6 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
Announcement Under Regulation 30(LODR) - Opening Of New BranchAug 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 19, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 18, 2025
Announcement Under Regulation 30 (LODR)- Receipt Of Approval From The Reserve Bank Of IndiaAug 14, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 11, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 08, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 08, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 08, 2025
Announcement Under Regulation 30(LODR) - Appointment Of Secretarial AuditorAug 08, 2025
Announcement Under Regulation 30(LODR) - Opening Of New BranchesAug 07, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJul 31, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 28, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 26, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 25, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJul 25, 2025
Unaudited Financial Results For The Quarter Ended June 30 2025Jul 25, 2025
Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended June 30 2025Jul 25, 2025
Announcement Under Regulation 30 (LODR)-Tamilnad Mercantile Bank Limited Achieves Rs.1 Lakh Crore Business MilestoneJul 25, 2025
General UpdatesJul 24, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 18, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 16, 2025
Announcement under Regulation 30 (LODR)-Meeting UpdatesJul 15, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 15, 2025
Reg. 34 (1) Annual Report.Jul 15, 2025
Notice Of Annual General MeetingJul 15, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 10, 2025
Board Meeting Intimation for Un-Audited Financial Results For The Quarter Ended June 30 2025Jul 08, 2025
Announcement Under Regulation 30(LODR)Jul 08, 2025
Corporate Action - Fixes Book Closure For Final Dividend For The F.Y - 2024-25Jul 08, 2025
Fixation Of Record Date For Final Dividend For The F.Y - 2024-25Jul 08, 2025
Board Meeting Outcome for Tamilnad Mercantile Bank Limited Has Informed The Exchange Regarding Outcome Of Board Meeting Held On July 08 2025 - Intimation Of 103Rd Annual General Meeting Of The Bank And Book Closure DatesJul 08, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Revision In Marginal Cost Of Funds Based Lending Rate (MCLR) Of The BankJul 05, 2025
General UpdatesJul 02, 2025
Announcement under Regulation 30 (LODR)-Credit RatingJul 01, 2025
General UpdatesJun 27, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceJun 27, 2025
General UpdatesJun 26, 2025
Closure of Trading WindowJun 26, 2025
Revision In Repo Linked Lending Rate (RLLR) Of The BankJun 19, 2025
General UpdatesJun 12, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateJun 12, 2025
Announcement under Regulation 30 (LODR)-Resignation of DirectorJun 09, 2025

Technical Indicators

RSI(14)
Neutral
45.43
ATR(14)
Less Volatile
6.54
STOCH(9,6)
Neutral
50.38
STOCH RSI(14)
Neutral
46.97
MACD(12,26)
Bullish
0.66
ADX(14)
Weak Trend
15.72
UO(9)
Bearish
50.17
ROC(12)
Uptrend And Accelerating
1.15
WillR(14)
Neutral
-41.13

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
HDFC BSE 500 Index Fund Direct - Growth
0.00%
0
0.00%
0.00%