Tamilnad Mercantile Bank
add_icon

Tamilnad Mercantile Bank

511.10
+5.65
(1.12%)
Market Cap
₹8,093.34 Cr
PE Ratio
6.43
Volume
1,37,465.00
Day High - Low
₹515.90 - ₹503.65
52W High-Low
₹527.00 - ₹401.00
hide
Key Fundamentals
Add Ratio
split_icon_default
Market Cap
8,093.34 Cr
EPS
74.68
PB Ratio
0.83
Book Value
596.38
EBITDA
1,661.10
Dividend Yield
0.01 %
Industry
Banks
ROE Growth %
-
Debt to Equity
0.00
Forecast For
Actual

Company News

View All News
Caret
positive
Tamilnad Mercantile Bank's Board approved the appointment of S.R. Aravind Kumar and R. Kodeeswaran as Additional Non-Executive Non-Independent Directors for 3-year terms starting November 19, 2025. Both appointments are subject to shareholder approval, with Kumar bringing IT and marketing expertise and Kodeeswaran having experience in FMCG manufacturing and export business.
negative
Tamilnad Mercantile Bank Fined Rs. 39.60 Lakhs by RBI for UPI and DEA Fund ViolationsNov 14, 2025
The Reserve Bank of India imposed a monetary penalty of Rs. 39.60 lakhs on Tamilnad Mercantile Bank for indirectly charging UPI users and failing to credit eligible amounts to the DEA Fund within prescribed periods. The penalty was based on findings from the statutory inspection report IRAR 2024, with the bank stating the penalty is not material in nature and corrective measures have been initiated.
positive
Tamilnad Mercantile Bank received approval from the Reserve Bank of India for proposed amendments to its Articles of Association under the Banking Regulation Act, 1949. The bank will seek shareholder approval for these amendments through a postal ballot process.
View more
Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,003.90
#1 15,42,025.33
20.66
#1 4,70,915.90
15.42
#1 73,440
9.32
57.19
1,375.00
9,82,186.70
17.35
2,94,586.90
#1 24.81
54,419
2.96
51.69
2,103.80
4,18,360.09
22.45
1,07,095.00
13.60
21,946
-11.41
50.82
1,290.20
4,00,307.74
15.26
1,55,916.90
12.99
28,112
-25.14
69.66
101.95
1,09,620.74
#1 11.88
34,058.70
12.14
7,656
#1 73.37
56.16
22.93
71,933.38
25.16
37,075.60
12.48
2,447
17.24
55.25
850.70
66,275.99
-85.07
56,358.10
2.20
2,575
-132.82
63.30
256.37
63,073.68
14.89
32,030.20
19.60
4,202
-8.27
82.15
80.37
58,981.01
47.26
43,478.30
19.92
1,490
64.13
58.10
151.18
24,354.67
19.85
24,914.80
18.41
2,745
-88.06
39.82
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
6,301
Expenses
1,367
1,212
1,231
1,355
1,470
1,276
1,327
1,490
1,516
EBITDA
349
432
615
827
1,158
1,448
1,469
1,661
1,628
Operating Profit %
58 %
62 %
64 %
62 %
62 %
69 %
73 %
72 %
72 %
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
3,157
Profit Before Tax
310
397
585
798
1,125
1,394
1,394
1,575
1,628
Tax
88
138
177
195
303
364
322
392
413
Net Profit
222
259
408
603
822
1,029
1,072
1,183
1,215
EPS in ₹
15.57
18.14
28.61
42.34
57.67
68.06
67.70
74.68
76.70

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
Sept 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 %
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 %
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 %
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 %
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 %
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 %
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

Dividend History

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 0.01

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
27 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
27 Oct 2025 427.70 450.15

Announcements

Announcement Under Regulation 30 (LODR) - Opening Of New Branch6 hours ago
Board Meeting Outcome for Appointment Of Additional (Non-Executive Non-Independent) Directors Of The Bank7 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation7 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
Announcement Under Regulation 30 (LODR)-General UpdatesNov 14, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 13, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 07, 2025
Announcement Under Regulation 30 (LODR) - Receipt Of RBI ApprovalNov 07, 2025
Announcement Under Regulation 30 (LODR) - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR) Of The BankNov 06, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 03, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 01, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportNov 01, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementOct 31, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 28, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 28, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 27, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationOct 27, 2025
Unaudited Financial Results Of The Bank For The Quarter And Half Year Ended September 30 2025Oct 27, 2025
Board Meeting Outcome for Unaudited Financial Results Of The Bank For The Quarter And Half Year Ended September 30 2025Oct 27, 2025
Announcement Under Regulation 30 (LODR) - Opening Of New BranchesOct 24, 2025
Announcement Under Regulation 30 (LODR) - Change In Domain Name Of Website Of The BankOct 23, 2025
Announcement Under Regulation 30 (LODR) - Opening Of New BranchOct 23, 2025
Announcement Under Regulation 30 (LODR) - Opening Of New BranchOct 23, 2025
Announcement Under Regulation 30(LODR) - Opening Of New BranchOct 22, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 16, 2025
Board Meeting Intimation for Considering And Approving The Un-Audited Financial Results Of The Bank For The Quarter And Half Year Ended September 30 2025.Oct 15, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementOct 15, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 08, 2025
Announcement Under Regulation 30 (LODR)-General UpdatesOct 03, 2025
General UpdatesOct 03, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 01, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 30, 2025
Notice Of Postal BallotSep 30, 2025
Announcement Under Regulation 30(LODR) - Opening Of New BranchesSep 26, 2025
Closure of Trading WindowSep 26, 2025
Announcement Under Regulation 30(LODR) - Opening Of New BranchSep 22, 2025
Board Meeting Outcome for Outcome Of Board MeetingSep 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 17, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 16, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 15, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 15, 2025
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

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%

Technical Indicators

RSI(14)
Neutral
64.01
ATR(14)
Volatile
12.90
STOCH(9,6)
Neutral
39.80
STOCH RSI(14)
Oversold
16.52
MACD(12,26)
Bearish
-2.54
ADX(14)
Strong Trend
26.72
UO(9)
Bearish
53.46
ROC(12)
Downtrend And Accelerating
-0.93
WillR(14)
Neutral
-36.53