Good morning :)
Place Order
Add to Watchlist

Tamilnad Mercantile Bank Ltd

TMB Share Price

455.150.72% (+3.25)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹7,155 cr, stock is ranked 674

Stock is 1.45x as volatile as Nifty

TMB Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Low

Undervalued compared to the market average

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 ₹7,155 cr, stock is ranked 674

Stock is 1.45x as volatile as Nifty

TMB Performance & Key Metrics

TMB Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
6.050.902.43%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
17.562.511.01%

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 

Jan 29, 2025

PDF
View Older Presentations
PE Ratio
22.73
22.73
1Y Return
23.25%
23.25%
Buy Reco %
92.68
92.68
PE Ratio
20.00
20.00
1Y Return
15.04%
15.04%
Buy Reco %
90.48
90.48
PE Ratio
19.59
19.59
1Y Return
20.72%
20.72%
Buy Reco %
62.86
62.86
PE Ratio
12.92
12.92
1Y Return
10.40%
10.40%
Buy Reco %
83.33
83.33
PE Ratio
14.18
14.18
1Y Return
14.51%
14.51%
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 · April 2025

The bank has achieved a record net profit of INR 1,183 crores for FY25, driven by a robust growth outlook despite facing challenges in the initial quarters of FY26. With a focus on digital transformation and operational efficiency, the bank is enhancing its credit processes and expanding its branch network, particularly targeting high-net-worth individuals. While concerns about non-performing assets persist, strong asset quality metrics and a proactive approach to managing risks have bolstered market sentiment. Future growth is anticipated to accelerate, with strategic capital expenditures aimed at modernization and a commitment to improving customer engagement through digital channels. Overall, the bank's initiatives position it well for sustained profitability and market expansion.

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

    Tamilnad Mercantile Bank achieved its highest-ever net profit of INR 1,183 crores for FY 2024-25,

  • Strong Asset Quality and Risk Management

    The bank's asset quality metrics are among the best in the industry, with a Gross

TMB Stock Challenges
TMB Stock Challenges
5
  • Concerns Over CEO Appointment

    There is uncertainty regarding the appointment of a new CEO, which has led to confusion

  • Branch Expansion Challenges

    The bank plans to reduce the proportion of its branches in Tamil Nadu from 75%

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 14.68%

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 0.64% to 0.49%

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 51.1%

Loading...

Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue3,811.473,756.613,638.803,992.534,253.404,646.124,710.155,492.866,141.756,141.75
Raw Materialssubtract4,566.864,566.86
Power & Fuel Costsubtract
Employee Costsubtract377.84362.14375.31435.54560.50615.79618.67685.91
Selling & Administrative Expensessubtract156.14158.97161.90171.19170.22198.78217.68240.63
Operating & Other expensessubtract2,744.872,886.122,807.442,770.832,695.762,673.752,426.253,097.56
Depreciation/Amortizationsubtract40.2839.6735.5630.0828.5633.1953.9275.170.00
Interest & Other Itemssubtract
Taxes & Other Itemssubtract175.6787.790.00177.20195.03302.70364.38321.55392.28392.28
EPS22.2215.5718.1528.6142.3457.6768.4267.7074.6874.68
DPS3.203.202.400.000.005.005.0010.0011.0010.00
Payout ratio0.140.210.130.000.000.090.070.150.150.13

TMB Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
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 Ltd6.050.902.43%
HDFC Bank Ltd22.733.051.10%
ICICI Bank Ltd20.003.770.76%
Kotak Mahindra Bank Ltd19.592.750.11%

TMB Stock Price Comparison

Compare TMB with any stock or ETF
Compare TMB with any stock or ETF
TMB
Loading...

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%2.40%4.58%93.03%

Sep 2024

Dec 2024

Mar 2025

Jun 2025

TMB Shareholding History

TMB Shareholding History

MarJunSepDec '24MarJun3.45%3.67%4.08%4.12%4.22%4.58%

Mutual Funds Invested in TMB

Mutual Funds Invested in TMB

No mutual funds holding trends are available

Top 2 Mutual Funds holding Tamilnad Mercantile Bank Ltd



Funds (Top 2)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.0001%0.03%0.03%436/1002 (+77)
0.0000%0.00%-0.03%272/524 (-156)

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

Cash Dividend

Ex DateEx DateAug 1, 2025

Final
Final | Div/Share: ₹11.00

Dividend/Share

11.00

Ex DateEx Date

Aug 1, 2025

TMB Past Dividends

TMB Past Dividends

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

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

1 week 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

1 week 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

2 weeks 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

2 weeks 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

3 weeks 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

3 weeks agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank revises Repo Linked Lending Rate to 9%

Tamilnad Mercantile Bank has revised the Repo Linked Lending Rate (RLLR) from 9.25% to 9.00% with effect from 30 April 2025. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Tamilnad Mercantile Bank spurts after good Q4 outcome

Profit before tax rose 12.76% year-on-year to Rs 386.78 crore in Q4 March 2025. The operating profit for Q4 FY25 was Rs 403.98 crore as against Rs 366.55 crore for Q4 FY24, up 10.21% YoY. The bank earned net interest income of Rs 567.92 crore for Q4 FY25 as against Rs 567.04 crore for Q4 FY24. In Q4 FY25, Net Interest Margin (NIM) was at 3.87% lower than 4.14% in Q4 FY24. The bank's provisions and contingencies (excluding tax provisions) fell 26.85% to Rs 17.22 crore in Q4 FY25 over Q4 FY24. The Provision Coverage Ratio (PCR) as on 31 March 2025 is 71.02%. (Previous Year ' 41.33%) without technical write-off and 93.86% (Previous Year ' 87.52%) with technical write-off. The bank continues to hold COVID-19 related provision of Rs 250 crore (over and above regulatory provisions) as on 31 March 2025. On a standalone basis, the bank's net profit rose 10.32% to Rs 1182.61 crore on 11.81% increase in total income to Rs 6141.75 crore in the year ended March 2025 over the year ended March 2024. The bank's gross non-performing assets (NPAs) stood at Rs 556.13 crore as on 31 March 2025 as against Rs 576.38 crore as on 31 December 2024 and Rs 575.06 crore as on 31 March 2024. The ratio of gross NPAs to gross advances stood at 1.25% as on 31 March 2025 as against 1.32% as on 31 December 2024 and 1.44% as on 31 March 2024. The ratio of net NPAs to net advances stood at 0.36% as on 31 March 2025 as against 0.41% as on 31 December 2024 and 0.85% as on 31 March 2024. The bank's deposits increased to Rs 53,689 crore as on March 2025 as against Rs 49,515 crore in March 2024. The advance level of the bank increased to Rs 44,366 crore with a growth rate of 11% on YoY basis. Tamilnad Mercantile Bank (TMB) 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. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Tamilnad Mercantile Bank standalone net profit rises 15.35% in the March 2025 quarter

Net profit of Tamilnad Mercantile Bank rose 15.35% to Rs 291.90 crore in the quarter ended March 2025 as against Rs 253.06 crore during the previous quarter ended March 2024. Total Operating Income rose 7.02% to Rs 1341.68 crore in the quarter ended March 2025 as against Rs 1253.71 crore during the previous quarter ended March 2024. For the full year,net profit rose 10.32% to Rs 1182.61 crore in the year ended March 2025 as against Rs 1072.03 crore during the previous year ended March 2024. Total Operating Income rose 9.15% to Rs 5291.26 crore in the year ended March 2025 as against Rs 4847.91 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income1341.681253.71 7 5291.264847.91 9 OPM %71.5669.06 -70.2171.08 - PBDT386.78343.01 13 1574.891393.58 13 PBT386.78343.01 13 1574.891393.58 13 NP291.90253.06 15 1182.611072.03 10 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Board of Tamilnad Mercantile Bank recommends Final Dividend

Tamilnad Mercantile Bank announced that the Board of Directors of the Company at its meeting held on 23 April 2025, has recommended a Final dividend of Rs.11 per share (i.e.110%), subject to the approval of the shareholders.Powered by Capital Market - Live

2 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 17th July 2025 is ₹455.15. 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: -0.33%
    • Past 1 month: -0.38%
    • Past 3 months: 6.90%
    • Past 6 months: -0.19%
    • Past 1 year: -3.37%
    • Past 3 years: N/A%
    • Past 5 years: -11.33%

  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 2.43.

  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 ₹7155.90 Cr as of 17th July 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 ₹513.55 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 6.05. The P/B (price-to-book) ratio is 0.90.

  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.