SWOT Analysis
- S
- W
- O
- T
-
Strength (13)
Stocks with high EPS and EPS growth TTM and YoY
-
Weakness (3)
Low Piotroski Score Companies
-
Opportunity (1)
FII / FPI or Institutions increasing their shareholding
-
Threats (0)
- Companies with high TTM EPS Growth
- Growth in Net Profit with increasing Profit Margin (QoQ)
- Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
- Companies with Low Debt
- Increasing Revenue every Quarter for the past 4 Quarters
- Increasing profits every quarter for the past 4 quarters
- Annual Net Profits improving for last 2 years
- Book Value per share Improving for last 2 years
- Companies with Zero Promoter Pledge
- Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
- Highest Recovery from 52 Week Low
- Decrease in NPA in recent results
- Stock with Low PE (PE < = 10)
- FII / FPI or Institutions increasing their shareholding
Technical Analysis
Moving Averages
- 5 Day 890.7
- 10 Day 896.9
- 12 Day 897.8
- 20 Day 895.8
- 26 Day 891.2
- 50 Day 865.2
- 100 Day 809.8
- 200 Day 724.8
Current Price
- Bullish Moving Averages 7
- Bearish Moving Averages 9
Resistance and support
- First Resistance 897.5
- Second Resistance 911.3
- Third Resistance 924.7
- First Support 870.3
- Second Support 856.9
- Third Support 843.1
Company Financials
- Profit and loss statement
- Balance sheet
- Quarterly Result
- Ratio
- CAGR IN 10 YEARS
- 8.53%
- 20.70%
- 22.09%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
Mar 2023 (CR) |
Mar 2022 (CR) |
||
|---|---|---|---|---|---|---|
| NII | 2,527.26 | 2,300.93 | 2,150.89 | 2,094.12 | 1,815.23 |
|
| Total Income | 3,404.34 | 3,151.42 | 2,795.84 | 2,723.23 | 2,627.49 |
|
| Pre Provision Profit (PPP) | 1,855.24 | 1,745.74 | 1,481.78 | 1,572.84 | 1,516.45 |
|
| PPP as % of Advances | 3.49 | 3.97 | 3.73 | 4.22 | 4.53 |
|
| Provision Expense | 48.64 | 170.85 | 88.20 | 179.20 | 391.84 |
|
| PAT | 1,337.55 | 1,182.61 | 1,072.03 | 1,029.26 | 821.91 |
|
| EPS | 84.47 | 74.68 | 67.70 | 65.00 | 57.67 |
|
- CAGR IN 10 YEARS
- 12.85%
- 9.35%
- 7.41%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
Mar 2023 (CR) |
Mar 2022 (CR) |
||
|---|---|---|---|---|---|---|
| Equity | 158.35 | 158.35 | 158.35 | 158.35 | 142.51 |
|
| Networth | 10,110.16 | 9,008.69 | 7,921.20 | 6,928.34 | 5,335.70 |
|
| Deposits | 61,712.35 | 53,688.96 | 49,515.07 | 47,766.49 | 44,933.11 |
|
| Borrowing | 700.00 | 500.00 | 1,301.15 | 525.00 | 0.00 |
|
| Advances | 53,122.66 | 43,983.67 | 39,733.75 | 37,289.69 | 33,491.54 |
|
| Investment | 15,692.68 | 15,100.80 | 15,262.60 | 14,156.04 | 13,242.37 |
|
| Total Assets | 72,522.51 | 63,197.65 | 58,737.43 | 55,219.83 | 50,268.82 |
|
Jun 2026 (CR) |
Mar 2026 (CR) |
Dec 2025 (CR) |
Sep 2025 (CR) |
Jun 2025 (CR) |
||
|---|---|---|---|---|---|---|
| NII | 765.08 | 704.45 | 646.14 | 597.13 | 579.55 |
|
| Total Income | 1,003.44 | 946.21 | 842.15 | 805.20 | 810.78 |
|
| PPP | 611.07 | 522.31 | 468.23 | 452.43 | 412.26 |
|
| PPP as % of advances | 1.07 | 0.98 | 0.92 | 0.96 | 0.91 |
|
| Provision Expense | 53.93 | 18.79 | 1.49 | 20.01 | 8.34 |
|
| PAT | 411.51 | 373.65 | 341.50 | 317.51 | 304.89 |
|
| Advances | 57,306.00 | 53,379.00 | 50,763.00 | 46,930.00 | 45,120.00 |
|
| Deposits | 64,409.00 | 61,712.00 | 56,707.00 | 55,421.00 | 53,803.00 |
|
| GNPA | 398.08 | 388.21 | 462.83 | 474.45 | 549.12 |
|
| NNPA | 98.00 | 97.41 | 100.08 | 121.52 | 147.37 |
|
- CAGR IN 10 YEARS
- 12.85%
- 9.35%
- -5.54%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
Mar 2023 (CR) |
Mar 2022 (CR) |
||
|---|---|---|---|---|---|---|
| PE | 6.87 | 5.50 | 7.17 | 6.28 | 0.00 |
|
| P/BV | 0.91 | 0.72 | 0.97 | 0.93 | 0.00 |
|
| NIM | 3.98 | 4.07 | 4.11 | 4.46 | 4.10 |
|
| GNPA | 0.73 | 1.25 | 1.44 | 1.39 | 1.69 |
|
| NNPA | 0.18 | 0.36 | 0.85 | 0.62 | 0.95 |
|
| ROE | 13.99 | 13.97 | 14.44 | 16.79 | 16.58 |
|
| ROA | 1.93 | 1.88 | 1.84 | 1.97 | 1.66 |
|
| CRAR | 33.73 | 32.70 | 29.37 | 26.26 | 22.06 |
|
Quick Results Snapshot
Q1FY27 Quarterly Result Announced for Tamilnad Mercantile Bank Ltd.
Tamilnad Mercantile Bank announced Q1FY27 results
Financial Highlights:
- Interest Earned: For Q1FY27, the bank earned Rs 1,66,243 lakh, representing a growth of 7.23% QoQ from Rs 1,55,038 lakh in Q4FY26 and an increase of 19.92% YoY compared to Rs 1,38,624 lakh in Q1FY26.
- Total Income: Total income reached Rs 1,90,079 lakh in Q1FY27, showing a 6.06% QoQ growth from Rs 1,79,214 lakh in Q4FY26 and a 17.52% YoY increase from Rs 1,61,747 lakh in Q1FY26.
- Net Profit: The bank reported a net profit of Rs 41,151 lakh for Q1FY27, which is a growth of 10.13% QoQ from Rs 37,365 lakh in Q4FY26 and a significant increase of 34.97% YoY from Rs 30,489 lakh in Q1FY26.
- Operating Profit: Operating profit for Q1FY27 stood at Rs 61,107 lakh, up 17.00% QoQ from Rs 52,231 lakh in Q4FY26 and 48.22% YoY from Rs 41,226 lakh in Q1FY26.
- Asset Quality:
- Gross NPA Ratio improved to 0.69% in Q1FY27, compared to 0.73% in Q4FY26 and 1.22% in Q1FY26. Absolute Gross NPA was Rs 39,808 lakh.
- Net NPA Ratio stood at 0.17% in Q1FY27, down from 0.18% in Q4FY26 and 0.33% in Q1FY26. Absolute Net NPA was Rs 9,800 lakh.
- Key Ratios:
- Return on Assets (Annualised): Reported at 2.14% for Q1FY27, compared to 2.05% in Q4FY26 and 1.82% in Q1FY26.
- Capital Adequacy Ratio: Under Basel III, the ratio was 32.33% in Q1FY27, compared to 33.73% in Q4FY26.
- Net Worth: Stood at Rs 10,56,202 lakh as of Q1FY27, increasing from Rs 10,11,016 lakh in Q4FY26.
- Earnings Per Share (EPS): Basic and diluted EPS (not annualised) was Rs 25.99 in Q1FY27, compared to Rs 23.60 in Q4FY26.
Business Highlights:
- Segment Performance:
- Retail Banking: Contributed the highest revenue of Rs 1,42,187 lakh in Q1FY27, growing from Rs 1,34,980 lakh in Q4FY26.
- Treasury: Recorded revenue of Rs 31,794 lakh in Q1FY27.
- Corporate/Wholesale Banking: Generated revenue of Rs 16,098 lakh in Q1FY27.
- Priority Sector Lending Certificates (PSLC): The bank realized a sum of Rs 21,299 lakh from the sale of PSLC during the quarter, out of which Rs 2,724 lakh has been recognized for the quarter under other income.
- Provisions: The bank continues to hold a provision of Rs 25,000 lakh on advances as of June 30, 2026, to meet exigencies arising out of the COVID-19 pandemic.
- Investment Fluctuation Reserve (IFR): Following RBI directions, the bank discontinued maintenance of IFR and transferred the balance of Rs 12,960 lakh to the General Reserve during Q1FY27.
- Acquisition Update: Following an e-auction approved by NCLT Chennai, assets of M/s. Servalakshmi Paper Limited (Corporate Debtor in Liquidation) were handed over to the bank. The bank is taking steps for the revival and refurbishment of these operations.
- Penalty Reduction: Pursuant to an order from the Appellate Tribunal under SAFEMA, a penalty related to FEMA irregularities was reduced from Rs 1,699 lakhs to Rs 340 lakhs.
Stocks Comparison
Table
Chart
Company name |
LTP |
Market cap (Cr) |
Return (1Y %) |
Risk (Std. Dev.) |
PE Ratio |
Financial Year |
|---|---|---|---|---|---|---|
| Tamilnad Mercantile Bank Ltd | 883.75 | 13,994.31 | 105.36 | 0.12 | 9.69 | Mar 2026 |
| HDFC Bank Ltd | 738.60 | 1,138,677.47 | -23.40 | 0.07 | 13.81 | Mar 2026 |
| ICICI Bank Ltd | 1,339.60 | 961,578.77 | -4.42 | 0.05 | 16.09 | Mar 2026 |
| State Bank of India | 987.00 | 911,076.68 | 15.40 | 0.09 | 10.15 | Mar 2026 |
| Kotak Mahindra Bank Ltd | 412.65 | 410,490.03 | 2.06 | 0.06 | 20.22 | Mar 2026 |
| Axis Bank Ltd | 1,242.70 | 386,913.95 | 8.59 | 0.08 | 13.85 | Mar 2026 |
| Union Bank of India | 178.00 | 135,878.18 | 28.23 | 0.09 | 6.58 | Mar 2026 |
| Punjab National Bank | 117.00 | 134,467.44 | 3.50 | 0.09 | 6.05 | Mar 2026 |
| Bank of Baroda | 234.35 | 121,190.87 | -6.69 | 0.09 | 6.58 | Mar 2026 |
| Indian Bank | 840.80 | 113,252.73 | 19.34 | 0.08 | 8.85 | Mar 2026 |
| Canara Bank | 122.90 | 111,478.30 | 3.39 | 0.10 | 5.63 | Mar 2026 |
| IDBI Bank Ltd | 82.88 | 89,115.91 | -11.07 | 0.18 | 9.54 | Mar 2026 |
| Federal Bank Ltd | 327.00 | 80,854.03 | 67.69 | 0.09 | 16.69 | Mar 2026 |
| AU Small Finance Bank Ltd | 1,036.40 | 77,789.91 | 46.79 | 0.09 | 27.22 | Mar 2026 |
| IndusInd Bank Ltd | 955.00 | 74,408.32 | 30.06 | 0.10 | 56.16 | Mar 2026 |
| IDFC First Bank Ltd | 85.37 | 73,607.69 | 20.38 | 0.11 | 31.91 | Mar 2026 |
| Yes Bank Ltd | 23.20 | 72,820.85 | 9.38 | 0.10 | 19.33 | Mar 2026 |
| RBL Bank Ltd | 423.20 | 65,665.51 | 56.92 | 0.08 | 73.05 | Mar 2026 |
| Bank of Maharashtra | 82.40 | 63,378.41 | 43.91 | 0.12 | 8.38 | Mar 2026 |
| Bank of India | 137.01 | 62,376.10 | 13.67 | 0.10 | 5.30 | Mar 2026 |
| Indian Overseas Bank | 31.92 | 61,467.03 | -19.80 | 0.06 | 10.34 | Mar 2026 |
| Bandhan Bank Ltd | 184.70 | 29,757.89 | 13.18 | 0.16 | 21.99 | Mar 2026 |
| UCO Bank | 23.72 | 29,743.83 | -22.74 | 0.11 | 10.53 | Mar 2026 |
| Central Bank of India | 31.37 | 28,394.25 | -17.10 | 0.10 | 6.21 | Mar 2026 |
| City Union Bank Ltd | 227.21 | 22,511.68 | 46.91 | 0.10 | 16.05 | Mar 2026 |
| Jammu and Kashmir Bank Ltd | 145.94 | 16,070.66 | 39.95 | 0.08 | 6.99 | Mar 2026 |
| Ujjivan Small Finance Bank Ltd | 64.74 | 12,614.85 | 44.61 | - | 13.94 | Mar 2026 |
| Karnataka Bank Ltd | 331.50 | 12,543.53 | 90.29 | 0.10 | 8.74 | Mar 2026 |
| South Indian Bank Ltd | 45.23 | 11,847.10 | 53.06 | 0.11 | 7.84 | Mar 2026 |
| Equitas Small Finance Bank Ltd | 72.91 | 8,341.83 | 28.93 | 0.12 | 16.32 | Mar 2026 |
| DCB Bank Ltd | 218.58 | 7,042.19 | 69.23 | 0.13 | 8.94 | Mar 2026 |
| CSB Bank Ltd | 334.95 | 5,810.91 | -3.69 | - | 8.77 | Mar 2026 |
| Jana Small Finance Bank Ltd | 533.70 | 5,647.73 | 14.71 | 0.12 | 14.87 | Mar 2025 |
Corporate Action
- Announcement
- Board Meeting
- Dividend
- Split
- Rights
- Events
Closure of Trading Window
Sep 22, 2026Tamilnad Mercantile Bank Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations 2015
Tamilnad Mercantile Bank Limited - Trading Window
Sep 22, 2026Tamilnad Mercantile Bank Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sep 17, 2026Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
Tamilnad Mercantile Bank Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Sep 17, 2026Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
Tamilnad Mercantile Bank Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Sep 15, 2026Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sep 09, 2026Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
Tamilnad Mercantile Bank Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Sep 09, 2026Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
Announcement Under Regulation 30 (LODR)- Copy Of Newspaper Publication
Aug 28, 2026Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding opening of another Special Window for Re-lodgement of Transfer Requests of Physical Shares
Announcement Under Regulation 30 - General Updates
Aug 26, 2026Tamilnad Mercantile Bank Limited has informed the Exchange regarding "Opening of New Branch"
| Ex-Date | Purpose | Notes |
|---|---|---|
| 2026-07-27 | Quarterly Results | |
| 2026-04-27 | Audited Results & Dividend | |
| 2026-02-04 | Quarterly Results | |
| 2025-10-27 | Quarterly Results | |
| 2025-07-25 | Quarterly Results | |
| 2025-04-23 | Audited Results & Dividend | |
| 2025-01-29 | Quarterly Results | |
| 2024-10-28 | Quarterly Results | |
| 2024-08-02 | Quarterly Results | |
| 2024-04-22 | Audited Results & Final Dividend | |
| 2024-01-22 | Quarterly Results | |
| 2023-10-27 | Quarterly Results | |
| 2023-07-24 | Quarterly Results | |
| 2023-04-24 | Audited Results & Final Dividend | |
| 2023-02-14 | Interim Dividend | |
| 2023-01-23 | Quarterly Results | |
| 2022-10-27 | Quarterly Results |
| Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| 2026-06-12 | 12.5 | FINAL | 2026-06-12 | Equity Share |
| 2025-08-01 | 11 | FINAL | 2025-08-01 | Equity Share |
| 2024-09-20 | 10 | FINAL | Equity Share | |
| 2023-08-29 | 5 | FINAL | 2023-08-29 | Equity Share |
| 2023-02-24 | 5 | INTERIM | 2023-02-24 | Equity Share |
Insider & Institutional Activity
- Bulk Block Deals
- Insider Trading & SAST
Client name |
Deal Type |
Date |
Action |
Avg. price |
Quantity |
Exchange |
|---|---|---|---|---|---|---|
| Graviton Research Capital Llp | Bulk | 2024-08-05 |
Purchase |
470.42 | 835,266 | NSE |
| Graviton Research Capital Llp | Bulk | 2024-08-05 |
Sell |
470.72 | 835,283 | NSE |
| Bnp Paribas Arbitrage | Bulk | 2023-09-15 |
Purchase |
534.40 | 487 | NSE |
| Bnp Paribas Arbitrage | Bulk | 2023-09-15 |
Sell |
543.46 | 1,071,919 | NSE |
Client name |
Client Category |
Action |
Reported to Exchange |
Quantity |
Post Transaction Holding |
Avg. Price |
Regulation (Insider/SAST) |
Mode |
|---|---|---|---|---|---|---|---|---|
| D.N.Nirranjan Kani | Designated Person |
Disposal |
2026-03-16 | 5,500 | 1,135,545 | Insider Trading | Gift | |
| Anuradha Nirranjan Kani | Immediate Relative |
Acquisition |
2026-03-16 | 5,500 | 21,705 | Insider Trading | Gift | |
| Anuradha Nirranjan Kani | Immediate Relative |
Acquisition |
2026-03-04 | 6,800 | 16,205 | Insider Trading | Gift | |
| D.N.Nirranjan Kani | Designated Person |
Disposal |
2026-03-04 | 6,800 | 1,141,045 | Insider Trading | Gift | |
| D.N.Nirranjankani | Directors Immediate Relative |
Acquisition |
2025-12-31 | 100 | 1,147,845 | 510.00 | Insider Trading | Market Purchase |
| C.S.Rajendran | Directors Immediate Relative |
Acquisition |
2025-12-31 | 200 | 2,129,686 | 510.00 | Insider Trading | Market Purchase |
| C.S.Rajendran | Directors Immediate Relative |
Acquisition |
2025-12-23 | 400 | 2,129,486 | 520.00 | Insider Trading | Market Purchase |
| C.S.Rajendran | Directors Immediate Relative |
Acquisition |
2025-12-15 | 300 | 2,120,231 | 500.00 | Insider Trading | Market Purchase |
| Anuradha Nirranjan Kani | Immediate Relative |
Acquisition |
2025-12-08 | 5,422 | 9,405 | 535.20 | Insider Trading | Gift |
| D.N.Nirranjan Kani | Designated Person |
Disposal |
2025-12-08 | 5,422 | 594,018 | 535.20 | Insider Trading | Gift |
| A Shimarna | Immediate Relative |
Disposal |
2024-06-06 | 200,000 | 225,133 | 465.85 | Insider Trading | Gift |
| Asok Sparklers Factory | Immediate Relative |
Acquisition |
2023-11-09 | 2,100 | 6,100 | 526.66 | Insider Trading | Market Purchase |
| Nithisha.V | Other |
Acquisition |
2023-11-09 | 2,000 | 8,100 | 526.98 | Insider Trading | Market Purchase |
| Nithisha.V | Immediate Relative |
Acquisition |
2023-11-03 | 2,100 | 6,100 | 535.32 | Insider Trading | Market Purchase |
| Nithisha.V | Immediate Relative |
Acquisition |
2023-10-30 | 2,000 | 4,000 | 549.00 | Insider Trading | Market Purchase |
| Asok Sparklers Factory | Other |
Acquisition |
2023-10-30 | 2,000 | 4,000 | 547.00 | Insider Trading | Market Purchase |
| Asok Sparklers Factory | Other |
Acquisition |
2023-09-30 | 2,000 | 2,000 | 544.00 | Insider Trading | Market Purchase |
| Nithisha.V | Directors Immediate Relative |
Acquisition |
2023-09-30 | 2,000 | 2,000 | 543.70 | Insider Trading | Market Purchase |
| P.C.G.Asok Kumar | Director |
Acquisition |
2023-06-27 | 2,300 | 1,668,160 | 435.33 | Insider Trading | Market Purchase |
| A.Radhika | Directors Immediate Relative |
Acquisition |
2023-06-27 | 2,219 | 85,926 | 435.36 | Insider Trading | Market Purchase |
| G.A.Vignesh | Directors Immediate Relative |
Acquisition |
2023-06-27 | 3,700 | 61,606 | 433.66 | Insider Trading | Market Purchase |
| A.Radhika | Directors Immediate Relative |
Acquisition |
2023-06-21 | 3,900 | 83,707 | 436.86 | Insider Trading | Market Purchase |
| P.C.G.Asok Kumar | Director |
Acquisition |
2023-06-21 | 5,756 | 1,665,860 | 442.67 | Insider Trading | Market Purchase |
| P.C.G.Asok Kumar | Director |
Acquisition |
2023-06-19 | 10,100 | 1,660,104 | 425.54 | Insider Trading | Market Purchase |
| P.C.G.Asok Kumar | Director |
Acquisition |
2023-06-16 | 3,100 | 1,650,004 | 416.56 | Insider Trading | Market Purchase |
| G.A.Vignesh | Directors Immediate Relative |
Acquisition |
2023-06-08 | 2,500 | 57,906 | 412.32 | Insider Trading | Market Purchase |
| A.Radhika | Directors Immediate Relative |
Acquisition |
2023-06-08 | 3,086 | 79,807 | 412.21 | Insider Trading | Market Purchase |
| P.C.G.Asok Kumar | Director |
Acquisition |
2023-06-08 | 3,500 | 1,646,904 | 411.74 | Insider Trading | Market Purchase |
| A.Radhika | Immediate Relative |
Acquisition |
2023-06-02 | 6,289 | 76,721 | 414.20 | Insider Trading | Market Purchase |
| G.A.Vignesh | Immediate Relative |
Acquisition |
2023-06-01 | 6,531 | 55,406 | 415.59 | Insider Trading | Market Purchase |
| P.C.G.Asok Kumar | Director |
Acquisition |
2023-06-01 | 2,775 | 1,643,404 | 413.17 | Insider Trading | Market Purchase |
| A.Radhika | Immediate Relative |
Acquisition |
2023-05-26 | 2,600 | 70,432 | 413.45 | Insider Trading | Market Purchase |
| A.Radhika | Immediate Relative |
Acquisition |
2023-05-19 | 700 | 67,832 | 413.35 | Insider Trading | Market Purchase |
| A.Radhika | Immediate Relative |
Acquisition |
2023-05-18 | 1,300 | 67,132 | 417.62 | Insider Trading | Market Purchase |
| A.Radhika | Immediate Relative |
Acquisition |
2023-05-16 | 1,000 | 65,832 | 420.00 | Insider Trading | Market Purchase |
| G.A.Vignesh | Immediate Relative |
Acquisition |
2023-05-16 | 1,000 | 48,875 | 420.00 | Insider Trading | Market Purchase |
| P.C.G.Asok Kumar | Director |
Acquisition |
2023-05-16 | 1,000 | 1,640,629 | 420.00 | Insider Trading | Market Purchase |
| Lakshmi Arumolu | Immediate Relative |
Acquisition |
2023-05-16 | 4,000 | 4,000 | 418.96 | Insider Trading | Market Purchase |
| A.Radhika | Directors Immediate Relative |
Acquisition |
2023-05-12 | 411 | 64,832 | 418.50 | Insider Trading | Market Purchase |
| P C G Asok Kumar | Director |
Acquisition |
2023-05-09 | 6,000 | 1,639,629 | 422.06 | Insider Trading | Market Purchase |
| P C G Asok Kumar | Director |
Acquisition |
2023-05-03 | 4,800 | 1,633,629 | 419.27 | Insider Trading | Market Purchase |
| A.Shimarna | Directors Immediate Relative |
Acquisition |
2023-04-01 | 29,000 | 1,034,926 | 408.26 | Insider Trading | Market Purchase |
| G.A.Vignesh | Directors Immediate Relative |
Acquisition |
2023-04-01 | 9,800 | 47,875 | 405.64 | Insider Trading | Market Purchase |
| A.Radhika | Directors Immediate Relative |
Acquisition |
2023-04-01 | 4,700 | 62,021 | 407.87 | Insider Trading | Market Purchase |
| J.Chenthilrajan | Directors Immediate Relative |
Acquisition |
2023-04-01 | 422 | 9,530 | 409.88 | Insider Trading | Market Purchase |
| J.Chenthilrajan | Directors Immediate Relative |
Acquisition |
2023-04-01 | 9,108 | 9,108 | 409.25 | Insider Trading | Market Purchase |
| A.Radhika | Directors Immediate Relative |
Acquisition |
2023-04-01 | 2,400 | 64,421 | 408.00 | Insider Trading | Market Purchase |
| P C G Asok Kumar | Director |
Acquisition |
2023-03-31 | 4,700 | 1,628,829 | 416.99 | Insider Trading | Market Purchase |
| A.Radhika | Directors Immediate Relative |
Acquisition |
2023-03-31 | 14,000 | 57,321 | 416.97 | Insider Trading | Market Purchase |
| G.A.Vignesh | Directors Immediate Relative |
Acquisition |
2023-03-31 | 12,000 | 38,075 | 416.67 | Insider Trading | Market Purchase |
| P C G Asok Kumar | Director |
Acquisition |
2023-02-22 | 4,325 | 1,624,129 | 452.63 | Insider Trading | Market Purchase |
About Tamilnad Mercantile Bank Ltd
Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
Tamilnad Mercantile Bank Limited was incorporated in the name of `Nadar Bank Limited` on May 11, 1921 at Thoothukudi, Tamil Nadu as a Limited Company under Indian Companies Act, 1913 pursuant to a Certificate of Incorporation issued by the erstwhile Assistant Registrar of Joint Stock, Palamcottah. Subsequently, the name of the Bank was changed to `Tamilnad Mercantile Bank Limited`, effective from November 27, 1962, pursuant to a Letter of Approval from the Government of India dated November 14, 1962 and a fresh Certificate of Incorporation dated July 17, 1968 was issued by the Assistant Registrar of Companies, Madras. Presently, the Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. On November 11, 1921, the Bank commenced business at Thoothukudi, in Tamil Nadu. In 1933, it acquired its first property at Beach Road, Thoothukudi, in Tamil Nadu. On May 11, 1935, it was included in the second schedule to the Reserve Bank of India Act, 1934. It was granted the licence to carry on banking business in India by RBI on November 20, 1962. It opened a a rural branch at Vilathikulam, Tamil Nadu in 1968. In 1993, it was registered as Category-1 Merchant Bankers with SEBI and opened first currency chest at Madurai Branch. The Bank was granted licence to deal in foreign exchange in 1999. It launched first ATM, christened as TMB Surabhi, in Chennai in 2004. In 2005, it launched first insurance linked deposit scheme, christened as Siranjeevee Recurring Deposit. It launched SMS banking services and internet banking facilities, christened as TMB E-Connect in 2008. It launched mobile banking facilities in 2012. It signed an agreement for the issuance of PAN cards in 2014. As of June 30, 2021, the Bank had 509 branches, of which 106 branches were in rural, 247 in semi-urban, 80 in urban and 76 in metropolitan centres. It built a strong presence in the state of Tamil Nadu, with 369 branches and 941 automated teller machines (ATMs) and 238 cash recycler machines (CRMs). The Bank offer a wide range of banking and financial services primarily to micro, small and medium enterprises (MSME), agricultural and retail customers, operating in manufacturing, trading and services sector. During 2021-22, the Bank had 509 branches, of which 106 branches were in rural, 247 in semi-urban, 80 in urban and 76 in metropolitan centres. It introduced 9 new ATMs, 22 new CRMs. The Bank`s ATM and alternate delivery channel network stood at 1141 ATMs, and 282 CRMs. The Bank launched an initial public offering by issuing 15,840,000 Equity Shares having the face value of Rs 10 per share, by raising funds aggregating to Rs 807.84 Crore through fresh issue in September, 2022. During the year 2022-23, the Bank added 21 new branches and the branch network of the bank increased to 530 branches. In addition to that, the Bank added 50 new ATMs / CRMs and 12 new e-lobbies. The Bank`s ATM and alternate delivery channel network stood at 1,149 ATMs, 324 CRMs, 113 e-lobbies, covering 17 States and 4 Union Territories. Total Business has increased to Rs 89,485 Crore in 2024 from Rs 85,348 Crore in 2023. Total Income has moved to Rs 5,493 Crore from Rs 4,710 Crore in 2023. Net profit has surged to Rs 1,072 Crore in 2024 from Rs 1,029 Crore in 2023. In 2023-24, the Bank added 22 new branches and the branch network of the bank increased to 552 branches. In addition to that, the Bank added 8 new ATMs , 34 CRMs and 7 new e-lobbies. The Bank`s ATM and alternate delivery channel network stood at 1157 ATMs, 358 CRMs, 126 e-lobbies, covering 17 States and 4 Union Territories. In 2024-25, the Bank added 26 new branches and the branch network of the bank increased to 578 branches. In addition to that, the Bank added 4 new ATMs , 22 CRMs. The Bank`s ATM and alternate delivery channel network stood at 1150 ATMs, 380 CRMs, 124 e-lobbies, covering 17 States and 4 Union Territories. Total Business has increased to Rs 98,055 Crore in 2025 from Rs 89,485 Crore in 2024. Total Income has moved to Rs 6,142 Crore from Rs 5,493 Crore in 2025. Net profit has surged to Rs 1,183 Crore in 2025 from Rs 1,072 Crore in 2024. The Bank`s Net worth increased to Rs 9,009 crores in 2025 (2024 Rs 7,921 crores) with an absolute rise of Rs 1088 crores registering a growth rate of 13.74%. The aggregate Deposits of the Bank as on March 31,2025 stood at Rs 53,688.96 crores, registering a growth of 8.43% over Rs 49,515.07 crores as on 31.03.2024. In FY 2026, the Bank launched formation of Transaction Banking Group (TBG), Global NRI Center (GNC) and Elite Service Group (ESG) for rapid growth in Deposits, through excellence in service delivery and ease of doing business. Formation of Credit Management Centre (CMC) to handle entire life cycle of advances, with state of the art digital technologies. Total Business has increased to Rs 1,15,091 Crore in 2026 from Rs 98,055 Crore in 2025. Total Income has moved to Rs 6,142 Crore in FY26 from Rs 5,493 Crore in 2025. The aggregate Deposits of the Bank as on March 31,2026 stood at Rs 61,712 crores, registering a growth of 8.43% over Rs 53,688.96 crores as on 31.03.2025. 44 new branches opened during the year 31.03.2026 and the branch network of the Bank has increased to 622 branches. In addition to that, Bank has added 4 ATMs, 44 CRMs. Bank`s ATM and alternate delivery channel network stood at 1152 ATMs, 424 CRMs, 121 e-lobbies, covering 17 States and 4 Union Territories.
Tamilnad Mercantile Bank share price as on 23 Sep 2026 is Rs. 883.75. Over the past 6 months, the Tamilnad Mercantile Bank share price has increased by 47.54% and in the last one year, it has increased by 105.36%. The 52-week low for Tamilnad Mercantile Bank share price was Rs. 420 and 52-week high was Rs. 954.2.
57 Victoria Extension Road, , Thoothukudi, Tamil Nadu, 628002
Tel No. 91-461-2325136
Email secretarial:tmbank.in
MUFG Intime India Pvt Ltd
Tel No. 91-22-49186000
Email rnt.helpdesk:in.mpms.mufg.com
Managing Director & CEO
Independent Non Exe. Director
Independent Non Exe. Director
Non Executive Director / Nominee - RBI
Non-Exec & Non-Independent Dir
Independent Non Exe. Director
Non Executive Director
Non-Exec & Non-Independent Dir
Additional Director / Nominee - RBI
Company Sec. & Compli. Officer
Independent Non Executive Part Time Chairman
Independent Non Exe. Director
Non Executive Director
E D & Wholetime Director
Independent Non Exe. Director
543596
TMB
INE668A01016
Jul
Tamilnad Mercantile Bank Ltd FAQs
You can buy Tamilnad Mercantile Bank Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tamilnad Mercantile Bank Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 22, 2026 03:57 PM the closing price of Tamilnad Mercantile Bank Ltd was Rs.883.75.
The latest PE ratio of Tamilnad Mercantile Bank Ltd as of Sep 22, 2026 03:57 PM is 9.69
The latest PB ratio of Tamilnad Mercantile Bank Ltd as of Sep 22, 2026 03:57 PM is 1.32
The 52-week high of Tamilnad Mercantile Bank Ltd share price is Rs. 954.20 while the 52-week low is Rs. 420.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 22, 2026 03:57 PM, the market cap of Tamilnad Mercantile Bank Ltd stood at Rs. 13,994.27 Cr.
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