Stox
70
Tamilnad Mercantile Bank Limited
NSE: TMB · Financial Services
₹827.40+0.59%06 Nov 2026
Ask the data
Instant answers about Tamilnad Mercantile Bank Limited — computed from its filings, no language modelMarket cap₹13,102 cr
Current price₹827.40
High / Low₹942 / ₹483
P/E8.3
P/B1.22
Book value₹680.1
ROE14.7%
ROCE—
Debt / equity—
Dividend yield1.33%
EPS (TTM)₹99.64
Face value₹10
Price & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Total income | 5,493 | 6,142 | 6,696 |
| Pre-provision op. profit | 1,482 | 1,746 | 1,855 |
| Operating margin | 27.0% | 28.4% | 27.7% |
| Interest | 2,697 | 2,990 | 3,292 |
| Profit before tax | 1,394 | 1,575 | 1,807 |
| Tax | 322 | 392 | 469 |
| Net profit | 1,072 | 1,183 | 1,338 |
| EPS ₹ | 67.70 | 74.68 | 84.47 |
| Operating cash flow | -611 | 1,899 | -101 |
| Capex | 101 | 105 | 128 |
| Dividend paid | 79 | 158 | 174 |
| Total assets | 61,552 | 66,450 | 75,300 |
| Equity | 7,921 | 9,009 | 10,110 |
Quarterly performance
last 17 quarters · ₹ crore| SEP '22† | DEC '22† | MAR '23† | JUN '23† | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total income | 1,141 | 1,173 | 1,254 | 1,323 | 1,365 | 1,387 | 1,418 | 1,515 | 1,565 | 1,520 | 1,542 | 1,617 | 1,621 | 1,665 | 1,792 | 1,901 | 2,052 |
| Pre-provision op. profit | 389 | 405 | 404 | 380 | 365 | 370 | 367 | 469 | 465 | 408 | 404 | 412 | 452 | 468 | 522 | 611 | 642 |
| Operating margin | 34.1% | 34.5% | 32.2% | 28.7% | 26.7% | 26.7% | 25.9% | 30.9% | 29.7% | 26.8% | 26.2% | 25.5% | 27.9% | 28.1% | 29.1% | 32.1% | 31.3% |
| Other income | 145 | 161 | 184 | 167 | 156 | 158 | 164 | 234 | 227 | 189 | 200 | 231 | 208 | 196 | 242 | 238 | 232 |
| Interest | 488 | 478 | 543 | 642 | 676 | 692 | 687 | 715 | 741 | 761 | 774 | 807 | 816 | 823 | 846 | 897 | 1,013 |
| Profit before tax | 355 | 372 | 347 | 341 | 342 | 368 | 343 | 383 | 400 | 404 | 387 | 404 | 432 | 467 | 504 | 557 | 608 |
| Tax | 93 | 92 | 94 | 80 | 68 | 84 | 90 | 96 | 97 | 104 | 95 | 99 | 115 | 125 | 130 | 146 | 157 |
| Net profit | 262 | 280 | 253 | 261 | 274 | 284 | 253 | 287 | 303 | 300 | 292 | 305 | 318 | 342 | 374 | 412 | 451 |
| EPS ₹ | 17.99 | 17.66 | 15.98 | 16.50 | 17.27 | 17.95 | 15.98 | 18.14 | 19.15 | 18.96 | 18.44 | 19.25 | 20.05 | 21.57 | 23.60 | 25.99 | 28.49 |
| Revenue YoY | — | — | — | — | 19.6% | 18.3% | 13.0% | 14.5% | 14.6% | 9.6% | 8.8% | 6.8% | 3.6% | 9.6% | 16.2% | 17.5% | 26.6% |
| Profit YoY | — | — | — | — | 4.3% | 1.6% | 0.0% | 10.0% | 10.8% | 5.6% | 15.3% | 6.1% | 4.7% | 13.7% | 28.0% | 35.0% | 42.1% |
Returns & margins
trailing-twelve-month, per quarter| JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | 14.5% | 14.5% | 13.5% | 13.9% | 13.4% | 13.6% | 13.1% | 13.3% | 12.9% | 13.3% | 13.2% | 14.3% | 14.7% |
| Net margin | 21.6% | 20.9% | 20.1% | 19.5% | 19.3% | 19.2% | 19.0% | 19.3% | 19.2% | 19.3% | 19.5% | 20.0% | 20.7% | 21.3% |
| EBITDA margin | 32.3% | 30.4% | 28.5% | 27.0% | 27.6% | 28.4% | 28.4% | 28.4% | 27.1% | 26.6% | 26.9% | 27.7% | 29.4% | 30.3% |
| Asset turnover | — | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|
| Share capital | 158 | 158 | 158 | 158 | 158 | 158 | 158 |
| Reserves | 7,226 | 7,763 | 8,272 | 8,850 | 9,285 | 9,952 | 10,611 |
| Total equity | 7,384 | 7,921 | 8,430 | 9,009 | 9,444 | 10,110 | 10,769 |
| Deposits | 47,314 | 49,515 | 49,342 | 53,689 | 55,421 | 61,712 | 69,546 |
| Borrowings | 650 | 1,301 | 1,900 | 500 | 1,284 | 700 | 2,229 |
| Total assets | 59,131 | 61,552 | 63,343 | 66,450 | 69,042 | 75,300 | 85,951 |
| Advances | 37,509 | 39,734 | 42,156 | 43,984 | 46,590 | 53,123 | 60,429 |
| Investments | 15,676 | 15,263 | 14,971 | 15,101 | 16,540 | 15,693 | 18,800 |
| Fixed assets | 269 | 271 | 257 | 284 | 274 | 311 | 314 |
| Cash & bank balances | 3,303 | 3,568 | 3,147 | 4,408 | 3,450 | 4,215 | 3,619 |
Cash flow
annual · ₹ crore · line = free cash flow| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Cash from operations | -611 | 1,899 | -101 |
| Cash from investing | -100 | -99 | -118 |
| Cash from financing | 697 | -960 | 26 |
| Capex | 101 | 105 | 128 |
| Free cash flow | -711 | 1,794 | -229 |
| Dividends paid | 79 | 158 | 174 |
Where the assets sit
Sep '26 · ₹ croreAdvances₹60,429 cr70%
Investments₹18,800 cr22%
Fixed assets₹314 cr0%
Cash & bank₹3,619 cr4%
Other assets₹2,789 cr3%
Peer comparison
largest in Financial Services · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | 12,15,371 | 788.25 | 15.2 | 2.01 | 13.3% |
| ICICI Bank Ltd. | 11,28,090 | 1,571.20 | 19.1 | 2.75 | 14.4% |
| State Bank of India | 9,40,157 | 1,018.50 | 10.4 | 1.36 | 13.1% |
| Bajaj Finance Ltd. | 6,77,005 | 1,087.75 | — | — | — |
| Kotak Mahindra Bank Ltd. | 4,77,499 | 480.00 | 22.2 | 2.45 | 11.0% |
| Axis Bank Ltd. | 4,11,911 | 1,322.90 | 13.8 | 1.79 | 13.0% |
| Shriram Finance Ltd. | 2,26,163 | 961.15 | — | — | — |
| BSE Ltd. | 1,55,002 | 3,800.00 | 50.3 | 19.49 | 38.8% |
| Cholamandalam Investment and Finance Company Ltd. | 1,53,126 | 1,785.00 | — | — | — |
| Jio Financial Services Ltd. | 1,52,665 | 231.20 | — | — | — |
| Tamilnad Mercantile Bank Limited | 13,102 | 827.40 | 8.3 | 1.22 | 14.7% |
StoxGud checklist: Bullish setup · 7/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
1 month-5.7%
6 months+11.3%
1 year+67.4%
3Y CAGR+16.0%
5Y CAGR—
10Y CAGR—
50-day avg₹870.21
200-day avg₹751.40
RSI (14)42
FAQs
What is the share price of Tamilnad Mercantile Bank Limited?
Tamilnad Mercantile Bank Limited (TMB) closed at ₹827.40 on NSE on 06 Nov 2026.
What is the market cap of Tamilnad Mercantile Bank Limited?
₹13,102 crore at the latest close.
What is the P/E ratio of Tamilnad Mercantile Bank Limited?
8.3, on trailing-twelve-month earnings from its filings.
How fast is Tamilnad Mercantile Bank Limited growing?
Tamilnad Mercantile Bank Limited: Latest-quarter revenue is up 26.6% year on year, profit up 42.1%.
How profitable is Tamilnad Mercantile Bank Limited?
On a trailing-twelve-month basis return on equity is 14.7%, operating margin 30.3%, net margin 21.3%.
How much debt does Tamilnad Mercantile Bank Limited have?
Debt to equity isn't meaningful for Tamilnad Mercantile Bank Limited (banks borrow as part of their business) or isn't filed yet.
Financials parsed from Tamilnad Mercantile Bank Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from SEP '22, annual from FY24, balance sheet from Sep '23. * = derived (full year or half year minus earlier quarters). † = the company's standalone results as published on BSE, used for quarters before SEP '23 (full years marked † are summed from them); cross-checked against the NSE filings where both exist. Information only, not investment advice.
Tamilnad Mercantile Bank Limited · advanced chart