What is the share price of Tamilnad Mercantile Bank Ltd (TMB) today?
The share price of TMB as on 9th July 2025 is ₹444.65. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.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: -1.20%
- Past 1 month: -2.28%
- Past 3 months: 7.26%
- Past 6 months: -1.08%
- Past 1 year: -7.50%
- Past 3 years: N/A%
- Past 5 years: -12.75%
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:What is the dividend yield % of Tamilnad Mercantile Bank Ltd (TMB) share?
The current dividend yield of Tamilnad Mercantile Bank Ltd (TMB) is 2.47.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 ₹7041.10 Cr as of 9th July 2025.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.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 5.95. The P/B (price-to-book) ratio is 0.89.Which sector does Tamilnad Mercantile Bank Ltd (TMB) belong to?
Tamilnad Mercantile Bank Ltd (TMB) belongs to the Financials sector & Private Banks sub-sector.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.
Tamilnad Mercantile Bank Ltd
TMB Share Price
TMB Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
LowUndervalued compared to the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
TMB Performance & Key Metrics
TMB Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
5.95 | 0.89 | 2.47% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.31 | 2.53 | 1.01% |
TMB Analyst Ratings & Forecast
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.
TMB Sentiment Analysis
TMB Sentiment Analysis
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
7Record 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
5Concerns 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
TMB
TMB
Income
Balance Sheet
Cash Flow
TMB Income Statement
TMB Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 3,811.47 | 3,756.61 | 3,638.80 | 3,992.53 | 4,253.40 | 4,646.12 | 4,710.15 | 5,492.86 | 6,141.75 | 6,141.75 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | 4,566.86 | 4,566.86 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | ||||||||||||
Employee Cost | 377.84 | 362.14 | 375.31 | 435.54 | 560.50 | 615.79 | 618.67 | 685.91 | ||||||||||||
Selling & Administrative Expenses | 156.14 | 158.97 | 161.90 | 171.19 | 170.22 | 198.78 | 217.68 | 240.63 | ||||||||||||
Operating & Other expenses | 2,744.87 | 2,886.12 | 2,807.44 | 2,770.83 | 2,695.76 | 2,673.75 | 2,426.25 | 3,097.56 | ||||||||||||
EBITDA | 532.62 | 349.38 | 294.15 | 614.97 | 826.92 | 1,157.80 | 1,447.55 | 1,468.76 | 1,574.89 | 1,574.89 | ||||||||||
Depreciation/Amortization | 40.28 | 39.67 | 35.56 | 30.08 | 28.56 | 33.19 | 53.92 | 75.17 | 0.00 | — | ||||||||||
PBIT | 492.34 | 309.71 | 258.59 | 584.89 | 798.36 | 1,124.61 | 1,393.63 | 1,393.59 | 1,574.89 | 1,574.89 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | 492.34 | 309.71 | 258.59 | 584.89 | 798.36 | 1,124.61 | 1,393.63 | 1,393.59 | 1,574.89 | 1,574.89 | ||||||||||
Taxes & Other Items | 175.67 | 87.79 | 0.00 | 177.20 | 195.03 | 302.70 | 364.38 | 321.55 | 392.28 | 392.28 | ||||||||||
Net Income | 316.67 | 221.92 | 258.59 | 407.69 | 603.33 | 821.91 | 1,029.25 | 1,072.04 | 1,182.61 | 1,182.61 | ||||||||||
EPS | 22.22 | 15.57 | 18.15 | 28.61 | 42.34 | 57.67 | 68.42 | 67.70 | 74.68 | 74.68 | ||||||||||
DPS | 3.20 | 3.20 | 2.40 | 0.00 | 0.00 | 5.00 | 5.00 | 10.00 | 11.00 | 10.00 | ||||||||||
Payout ratio | 0.14 | 0.21 | 0.13 | 0.00 | 0.00 | 0.09 | 0.07 | 0.15 | 0.15 | 0.13 |
TMB Company Updates
Investor Presentation
TMB Stock Peers
TMB Past Performance & Peer Comparison
TMB Past Performance & Peer Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Tamilnad Mercantile Bank Ltd | 5.95 | 0.89 | 2.47% |
HDFC Bank Ltd | 21.78 | 3.28 | 1.08% |
ICICI Bank Ltd | 20.07 | 3.78 | 0.76% |
Kotak Mahindra Bank Ltd | 20.20 | 3.41 | — |
TMB Stock Price Comparison
Compare TMB with any stock or ETFTMB Holdings
TMB Shareholdings
TMB Promoter Holdings Trend
TMB Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
TMB Institutional Holdings Trend
TMB Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
TMB Shareholding Pattern
TMB Shareholding Pattern
TMB Shareholding History
TMB Shareholding History
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0009% | Percentage of the fund’s portfolio invested in the stock 0.03% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 374/507 (-11) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0001% | Percentage of the fund’s portfolio invested in the stock 0.03% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 436/1002 (+77) |
Compare 3-month MF holding change on Screener
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 DateSep 20, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateAug 29, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Aug 29, 2023
Cash Dividend
Ex DateEx DateFeb 24, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Feb 24, 2023
TMB Stock News & Opinions
TMB Stock News & Opinions
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
Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 25 July 2025.Powered by Capital Market - Live
Tamilnad Mercantile Bank has opened the following two branches on 30 June 2025: Kayarambedu, Tamil Nadu and Malleswaram, Karnataka Powered by Capital Market - Live
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
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
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
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
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
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
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
Over the last 5 years, revenue has grown at a yearly rate of 9%, vs industry avg of 16.56%
Over the last 5 years, market share decreased from 0.63% to 0.45%
Over the last 5 years, net income has grown at a yearly rate of 23.74%, vs industry avg of 50.42%