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Tamilnad Mercantile Bank Ltd

TMB Share Price

537.050.52% (+2.80)
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Low
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With a market cap of ₹8,459 cr, stock is ranked 610

Stock is 1.64x as volatile as Nifty

TMB Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹8,459 cr, stock is ranked 610

Stock is 1.64x as volatile as Nifty

TMB Performance & Key Metrics

TMB Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
6.970.940.01%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
17.902.430.98%

TMB Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

TMB Company Profile

Tamilnad Mercantile Bank is an India-based private sector bank. The bank operates through four segments: Treasury, Corporate / Wholesale Banking, and Retail Banking.

Investor Presentation

View older View older 

Oct 27, 2025

PDF
View Older Presentations
PE Ratio
21.67
21.67
1Y Return
7.22%
7.22%
Buy Reco %
92.31
92.31
PE Ratio
19.42
19.42
1Y Return
5.37%
5.37%
Buy Reco %
94.87
94.87
PE Ratio
19.19
19.19
1Y Return
21.50%
21.50%
Buy Reco %
64.71
64.71
PE Ratio
14.16
14.16
1Y Return
10.40%
10.40%
Buy Reco %
82.50
82.50
PE Ratio
13.76
13.76
1Y Return
12.36%
12.36%
Buy Reco %
0.00
0.00
Compare with Peers

TMB Sentiment Analysis

TMB Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

TMB Stock Summary · July 2025

The bank is experiencing a robust recovery, marked by significant growth in total business and deposits, alongside a positive market sentiment bolstered by management's confidence in achieving ambitious growth targets. However, challenges persist, including a slight compression in net interest margins and rising operational costs due to one-time performance incentives, which have impacted profitability. Despite these hurdles, the bank maintains a strong asset quality with low non-performing assets and a solid provision coverage ratio, reflecting effective risk management. Strategic initiatives in enhancing CASA deposits and expanding the MSME portfolio are expected to drive future growth, while ongoing investments in technology aim to improve operational efficiency and customer experience. Overall, the bank's focus on digital services and customer acquisition positions it well for sustained growth in a competitive landscape.

TMB Stock Growth Drivers
TMB Stock Growth Drivers
7
  • Strong Financial Performance

    Tamilnad Mercantile Bank has reported significant achievements in its financial performance, including a total business

  • Improved CASA Performance

    The bank has successfully reversed a declining trend in its Current Account Savings Account (CASA)

TMB Stock Challenges
TMB Stock Challenges
6
  • Declining Profitability Metrics

    The bank has reported a year-on-year decline in operating profit, with a slight decrease in

  • Rising Cost-to-Income Ratio

    There is a consistent increase in the cost-to-income ratio, primarily attributed to the upfront absorption

TMB Forecast

TMB Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

TMB

TMB

Income

Balance Sheet

Cash Flow

TMB Income Statement

TMB Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9%, vs industry avg of 16.56%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.63% to 0.45%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 23.74%, vs industry avg of 50.48%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue3,811.473,756.613,638.803,992.534,253.404,646.124,710.155,492.866,141.766,300.93
Raw Materialssubtract4,673.37
Power & Fuel Costsubtract
Employee Costsubtract377.84362.14375.31435.54560.50615.79618.67685.91726.34
Selling & Administrative Expensessubtract156.14158.97161.90171.19170.22198.78217.68240.63252.03
Operating & Other expensessubtract2,744.872,886.122,807.442,770.832,695.762,673.752,426.253,097.563,502.27
Depreciation/Amortizationsubtract40.2839.6735.5630.0828.5633.1953.9275.1786.23
Interest & Other Itemssubtract
Taxes & Other Itemssubtract175.6787.790.00177.20195.03302.70364.38321.55392.28413.02
EPS22.2215.5718.1528.6142.3457.6768.4267.7074.6876.70
DPS3.203.202.400.000.005.005.0010.000.0711.00
Payout ratio0.140.210.130.000.000.090.070.150.000.14

TMB Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Oct 27PDF
Jul 25PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Jan 29PDF
Oct 29PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Jul 24PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Oct 27PDF
 

TMB Stock Peers

TMB Past Performance & Peer Comparison

TMB Past Performance & Peer Comparison

Comparing 3 stocks from 
FinancialsPrivate Banks

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Tamilnad Mercantile Bank Ltd7.150.940.01%
HDFC Bank Ltd21.672.851.10%
ICICI Bank Ltd19.423.010.79%
Kotak Mahindra Bank Ltd19.192.700.12%

TMB Stock Price Comparison

Compare TMB with any stock or ETF
Compare TMB with any stock or ETF
TMB
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TMB Holdings

TMB Shareholdings

TMB Promoter Holdings Trend

TMB Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

TMB Institutional Holdings Trend

TMB Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

TMB Shareholding Pattern

TMB Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%0.00%2.41%4.65%92.94%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

TMB Shareholding History

TMB Shareholding History

JunSepDec '24MarJunSep3.67%4.08%4.12%4.22%4.58%4.65%

Mutual Funds Invested in TMB

Mutual Funds Invested in TMB

No mutual funds holding trends are available

Top 1 Mutual Funds holding Tamilnad Mercantile Bank Ltd


Funds (Top 1)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.0002%0.03%0.00%410/1023 (+14)

Compare 3-month MF holding change on Screener

TMB Insider Trades & Bulk Stock Deals

TMB Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing TMB stock

smallcases containing TMB stock

Looks like this stock is not in any smallcase yet.

TMB Events

TMB Events

TMB Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

TMB Dividend Trend

No dividend trend available

TMB Upcoming Dividends

TMB Upcoming Dividends

No upcoming dividends are available

TMB Past Dividends

TMB Past Dividends

Cash Dividend

Ex DateEx DateAug 1, 2025

Final
Final | Div/Share: ₹11.00

Dividend/Share

11.00

Ex DateEx Date

Aug 1, 2025

Cash Dividend

Ex DateEx DateSep 20, 2024

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Sep 20, 2024

Cash Dividend

Ex DateEx DateAug 29, 2023

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Aug 29, 2023

Cash Dividend

Ex DateEx DateFeb 24, 2023

Interim
Interim | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Feb 24, 2023

TMB Stock News & Opinions

TMB Stock News & Opinions

Earnings
Tamilnad Mercantile Bank standalone net profit rises 4.73% in the September 2025 quarter

Net profit of Tamilnad Mercantile Bank rose 4.73% to Rs 317.51 crore in the quarter ended September 2025 as against Rs 303.18 crore during the previous quarter ended September 2024. Total Operating Income rose 5.68% to Rs 1413.39 crore in the quarter ended September 2025 as against Rs 1337.41 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Total Operating Income1413.391337.41 6 OPM %73.6368.35 - PBDT432.42400.27 8 PBT432.42400.27 8 NP317.51303.18 5 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank schedules board meeting

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 27 October 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Tamilnad Mercantile Bank's total deposits climbs 12% YoY in Q2 FY26

Total advances climbed 10.49% to Rs 45,996 crore as on 30th September 2025 as against Rs 42,533 crore as on 30th September 2024. As on 30th September 2025, total business stood at Rs 1,02,417 crore, registering the growth of 11.47% compared with Rs 91,875 crore as on 30th September 2024. CASA increased 9.30% to Rs 15,163 crore as on 30th September 2025, compared with Rs 13,873 crore as on 30th September 2024. Tamilnad Mercantile Bank (TMB) is one of the renowned old private sector banks, having its headquarters in Thoothukudi (Tamil Nadu). The bank's standalone net profit rose 6.1% to Rs 304.89 crore on 6.8% increase in total income to Rs 1617.47 crore in Q1 June 2025 over Q1 June 2024. The counter rose 0.14% to end at Rs 425.10 on the BSE.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Tamilnad Mercantile Bank standalone net profit rises 6.13% in the June 2025 quarter

Net profit of Tamilnad Mercantile Bank rose 6.13% to Rs 304.89 crore in the quarter ended June 2025 as against Rs 287.29 crore during the previous quarter ended June 2024. Total Operating Income rose 8.20% to Rs 1386.24 crore in the quarter ended June 2025 as against Rs 1281.15 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Total Operating Income1386.241281.15 8 OPM %70.6567.46 - PBDT403.92383.40 5 PBT403.92383.40 5 NP304.89287.29 6 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank to conduct AGM

Tamilnad Mercantile Bank announced that the Annual General Meeting(AGM) of the bank will be held on 8 August 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank schedules board meeting

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 25 July 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank opens two new branches

Tamilnad Mercantile Bank has opened the following two branches on 30 June 2025: Kayarambedu, Tamil Nadu and Malleswaram, Karnataka Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank opens five new branches in Tamil Nadu

Tamilnad Mercantile Bank opens five new branches in state of Tamil Nadu on 27 June 2026 at the following locations - Zamin Uthukuli, Mangalam, Krishnapuram, Keela Panangadi and Mohanur. Powered by Capital Market - Live

5 months agoCapital Market - Live
Spotlight
Tamilnad Mercantile Bank trims lending rate by 50 bps; RLLR now at 8.50%

The new rates, effective from 20 June 2025, will reduce EMIs or loan tenures for borrowers, offering major relief to home and personal loan customers. The Reserve Bank of India (RBI) recently cut the repo rate by 50 basis points (0.50%), reducing it from 6% to 5.50%. Its effect is now slowly showing on the banks. Following other major banks, Tamilnad Mercantile Bank has now reduced its Repo Linked Lending Rate (RLLR) from 9.00% to 8.50%. Tamilnad Mercantile Bank (TMB) is one of the renowned old private sector banks, having its headquarters in Thoothukudi (Tamil Nadu). The bank has opened 26 new branches during the year FY 24-25. The bank's net profit rose 15.35% to Rs 291.90 crore on 8.78% increase in total income to Rs 1,542.06 crore in Q4 March 2025 over Q4 March 2024. Shares of Tamilnad Mercantile Bank rose 0.21% to Rs 444.50 on the BSE. Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank revises Repo Linked Lending Rate

Tamilnad Mercantile Bank has revised the Repo Linked Lending Rate (RLLR) of the Bank from the existing 9.00% to 8.50% with effect from 20th June 2025.Powered by Capital Market - Live

5 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Tamilnad Mercantile Bank Ltd (TMB) today?

    The share price of TMB as on 5th December 2025 is ₹537.05. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Tamilnad Mercantile Bank Ltd (TMB) share?

    The past returns of Tamilnad Mercantile Bank Ltd (TMB) share are
    • Past 1 week: 4.99%
    • Past 1 month: 8.11%
    • Past 3 months: 25.56%
    • Past 6 months: 18.13%
    • Past 1 year: 8.10%
    • Past 3 years: 2.52%
    • Past 5 years: 4.83%

  3. What are the peers or stocks similar to Tamilnad Mercantile Bank Ltd (TMB)?

    The peers or stocks similar to Tamilnad Mercantile Bank Ltd (TMB) include:

  4. What is the dividend yield % of Tamilnad Mercantile Bank Ltd (TMB) share?

    The current dividend yield of Tamilnad Mercantile Bank Ltd (TMB) is 0.01.

  5. What is the market cap of Tamilnad Mercantile Bank Ltd (TMB) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Tamilnad Mercantile Bank Ltd (TMB) is ₹8459.93 Cr as of 5th December 2025.

  6. What is the 52 week high and low of Tamilnad Mercantile Bank Ltd (TMB) share?

    The 52-week high of Tamilnad Mercantile Bank Ltd (TMB) is ₹557 and the 52-week low is ₹401.

  7. What is the PE and PB ratio of Tamilnad Mercantile Bank Ltd (TMB) stock?

    The P/E (price-to-earnings) ratio of Tamilnad Mercantile Bank Ltd (TMB) is 7.15. The P/B (price-to-book) ratio is 0.94.

  8. Which sector does Tamilnad Mercantile Bank Ltd (TMB) belong to?

    Tamilnad Mercantile Bank Ltd (TMB) belongs to the Financials sector & Private Banks sub-sector.

  9. How to buy Tamilnad Mercantile Bank Ltd (TMB) shares?

    You can directly buy Tamilnad Mercantile Bank Ltd (TMB) shares on Tickertape. Simply sign up, connect your demat account and place your order.