Sharekhan

Tamilnad Mercantile Bank Ltd

Tue 7/04/2026,15:43:20 | NSE : TMB

₹ 612.55-16.50 (-2.62%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 617.10

Previous Close

₹ 629.05

Volume

131292

Mkt Cap ( Rs. Cr)

₹9699.82

High

₹ 623.60

Low

₹ 610.00

52 Week High

₹ 721.00

52 Week Low

₹ 401.00

Book Value Per Share

₹ 617.94

Dividend Yield

1.74

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Tamilnad Mercantile Bank Ltd

Your Vote -

Buy

92.59%

Hold

3.70%

Sell

3.70%

92.59%

27 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

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0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

612.55

15

0.00

0

0.00

0

0.00

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0.00

0

Bid Total

15

Option Chain

Analyzes market sentiment, predicts Tamilnad Mercantile Bank Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Tamilnad Mercantile - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    6 Apr 2026, 11:24AM Tamilnad Mercantile Bank Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Tamilnad Mercantile - General Updates

    1 Apr 2026, 5:24PM Tamilnad Mercantile Bank Limited has informed the Exchange about Provisional Business Figures of the Bank as on 31st March, 2026
  • Tamilnad Mercantile - Copy of Newspaper Publication

    1 Apr 2026, 4:34PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication for the second 100 Days Campaign ""Saksham Niveshak"" f
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - General Updates

    1 Apr 2026, 5:29PM Tamilnad Mercantile Bank Limited has informed the Exchange about Provisional Business Figures of the Bank as on 31st March, 2026
  • Tamilnad Mercantile - General Updates

    31 Mar 2026, 2:29PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Monetary Demand raised by the Assessment Unit, Income Tax Department - Intimation
  • Tamilnad Mercantile - General Updates

    31 Mar 2026, 1:47PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Monetary Demand raised by the Assessment Unit, Income Tax Department - Intimation
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - Updates

    31 Mar 2026, 2:34PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Monetary Demand raised by the Assessment Unit, Income Tax Department - Intimation
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - \Opening Of New Branches\

    27 Mar 2026, 8:38PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding \Opening of New Branches\
  • Tamilnad Mercantile - General Updates

    27 Mar 2026, 8:35PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branches""
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR)-Updates

    24 Mar 2026, 8:05PM Tamilnad Mercantile Bank Limited has informed the Exchange about the intimation under Regulation 8(2) of SEBI (Prohibition of Insider Trading), Regula
  • Tamilnad Mercantile - General Updates

    24 Mar 2026, 7:57PM Tamilnad Mercantile Bank Limited has informed the Exchange about Intimation under Regulation 8(2) of SEBI (Prohibition of Insider Trading), Regulation
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Change in Management

    24 Mar 2026, 7:56PM Tamilnad Mercantile Bank Limited has informed the Exchange about the extension of service period of the Chief Risk Officer of the Bank.
  • Tamilnad Mercantile - Change in Management

    24 Mar 2026, 7:49PM Tamilnad Mercantile Bank Limited has informed the Exchange about the extension of service period of the Chief Risk Officer of the Bank.
  • Tamilnad Mercantile - Trading Window

    24 Mar 2026, 5:29PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regu
  • Tamilnad Mercantile - General Updates

    20 Mar 2026, 4:48PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Newspaper advertisement published for the proposed transfer of equity shares to I
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR)-Updates

    18 Mar 2026, 7:45PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Monetary Demand raised by the Assessment Unit, Income Tax Department - Intimation
  • Tamilnad Mercantile - General Updates

    18 Mar 2026, 7:31PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Monetary Demand raised by the Assessment Unit, Income Tax Department - Intimation
  • Tamilnad Mercantile - General Updates

    17 Mar 2026, 12:39PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branches""
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - Opening Of New Branches

    17 Mar 2026, 12:54PM Tamilnad Mercantile Bank Limited has Informed the Exchange regarding \Opening of New Branches\
  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Mar 2026, 5:44PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Cessation

    5 Mar 2026, 6:20PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Cessation of Mr.V.Jayaraman as Executive Vice President - Information Technology
  • Tamilnad Mercantile - Cessation

    5 Mar 2026, 6:14PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Cessation of Mr.V.Jayaraman as Executive Vice President - Information Technology
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    5 Mar 2026, 11:58AM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    5 Mar 2026, 11:47AM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    2 Mar 2026, 4:56PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    2 Mar 2026, 4:50PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    2 Mar 2026, 4:59PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    2 Mar 2026, 4:54PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - \Opening Of New Branches\

    26 Feb 2026, 6:40PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding \Opening of New Branches\
  • Tamilnad Mercantile - General Updates

    26 Feb 2026, 6:32PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branches""
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    13 Feb 2026, 5:31PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Feb 2026, 5:24PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    7 Feb 2026, 4:10PM Tamilnad Mercantile Bank Limited has informed the Exchange about Transcript
  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Feb 2026, 4:05PM Tamilnad Mercantile Bank Limited has informed the Exchange about Transcript
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR)

    6 Feb 2026, 4:03PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank
  • Tamilnad Mercantile - General Updates

    6 Feb 2026, 3:53PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank
  • Tamilnad Mercantile - Copy of Newspaper Publication

    5 Feb 2026, 7:09PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication
  • Tamilnad Mercantile - Copy of Newspaper Publication

    5 Feb 2026, 1:07PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding re-opening of Special Window for Re-lodgement
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    4 Feb 2026, 8:45PM Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Recording
  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Feb 2026, 8:45PM Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Recording
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    4 Feb 2026, 7:01PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated February 04, 2026, titled \Unaudited Financial Results of t
  • Tamilnad Mercantile - Press Release

    4 Feb 2026, 6:55PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated February 04, 2026, titled ""Unaudited Financial Results of
  • Tamilnad Mercantile - Investor Presentation

    4 Feb 2026, 2:16PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation
  • Tamilnad Mercantile - Outcome of Board Meeting

    4 Feb 2026, 12:46PM Tamilnad Mercantile Bank Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Investor Presentation

    4 Feb 2026, 2:21PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation
  • Tamilnad Mercantile Q3 net profit up 13.74% at Rs 341.50 cr

    4 Feb 2026, 2:20PM The bank reported standalone net profit of Rs 341.50 crore for the quarter ended December 31, 2025 as compared to Rs 300.24 crore in the same period l
  • Tamilnad Mercantile - Unaudited Financial Results Of The Bank For The Quarter Ended December 31, 2025

    4 Feb 2026, 12:52PM Tamilnad Mercantile Bank Limited has submitted to the Exchange, the financial results of the Bank for the quarter ended December 31, 2025
  • Tamilnad Mercantile - Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results Of The Bank For The Qua

    4 Feb 2026, 12:44PM Tamilnad Mercantile Bank Limited has submitted to the Exchange, the financial results of the Bank for the quarter ended December 31, 2025
  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - \Opening Of New Branches\

    27 Jan 2026, 8:12PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding \Opening of New Branches\
  • Tamilnad Mercantile - General Updates

    27 Jan 2026, 8:07PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branches""
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Change in Management

    19 Jan 2026, 7:00PM Tamilnad Mercantile Bank Limited has informed the Exchange about Change in Senior Management Personnel of the Bank
  • Tamilnad Mercantile - General Updates

    19 Jan 2026, 6:55PM Tamilnad Mercantile Bank Limited has informed the Exchange about Change in Senior Management Personnel of the Bank
  • Tamilnad Mercantile has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2025

    14 Jan 2026, 6:32PM As of December 2025, 100.00% owned by Public. <p align=justify> Institutional holds 7.42% (Insurance Companies 1.75%) and Non-Institutional holds 92.5
  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    13 Jan 2026, 6:48PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Jan 2026, 6:39PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet
  • Tamilnad Mercantile - Board Meeting Intimation for Considering And Approving The Un-Audited Financial Results Of The Bank For

    12 Jan 2026, 8:34PM Tamilnad Mercantile Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/02/2026 ,inter alia, to cons
  • Tamilnad Mercantile Bank Ltd

    2 Apr 2026 , 9:11AM Tamilnad Mercantile Bank Q4 (YoY): Total business grows 17.37% to Rs 1.15 lakh crore Vs Rs 98,055 crore. Advances surge 20.32% to Rs 53,380 crore Vs Rs 44,366 crore. Total deposits jump 14.94% to Rs 61,712 crore Vs Rs 53,689 crore. CASA zooms 22.35% to Rs 17,365 crore Vs Rs 14,193 crore
  • Tamilnad Mercantile Bank

    28 Oct 2025 , 12:46PM Tamilnad Mercantile Bank Q2 (YoY): Profit rises 4.7% to Rs 317.5 crore Vs Rs 303.2 crore. Net interest income increases 0.2% to Rs 597.1 crore Vs Rs 596.1 crore. Provisions and contingencies drop 69.2% to Rs 20 crore Vs Rs 64.9 crore. Gross NPA falls to 1.01% Vs 1.22% (QoQ). Net NPA declines to 0.26% Vs 0.33% (QoQ)
  • Tamilnad Mercantile Bank

    21 Mar 2025 , 10:47AM Tamilnad Mercantile Bank: Sanjoy Kumar Goel has taken charge as Chief Financial Officer of the bank, effective March 20.
  • Tamilnad Mercantile Bank

    7 Mar 2025 , 11:07AM The bank has revised its one-year marginal cost of funds-based lending rate (MCLR) to 9.60% from 9.75% earlier, and its repo-linked lending rate (RLLR) to 9.25% from 9.45% earlier, effective March 7.

Key fundamentals

Evaluate the intrinsic value of Tamilnad Mercantile Bank Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 66449.8704 61552.4601 57895.3658 52858.4881 47527.1685
Liabilities 66449.8704 61552.4601 57895.3658 52858.4881 47527.1685
Equity 158.3515 158.3515 158.3515 142.5115 142.5115
Gross Profit 810.6342 823.8082 956.3241 335.1991 -41.0189
Net Profit 1182.6072 1072.0325 1029.259 821.9087 603.3293
Cash From Operating Activities 1898.8372 -610.5389 -1269.8005 1325.0124 -670.363
NPM(%) 22.35 22.11 25.22 21.43 16.71
Revenue 5291.267 4847.9094 4081.0417 3833.8601 3609.0535
Expenses 4480.6328 4024.1012 3124.7176 3498.661 3650.0724
ROE(%) 12.08 10.95 10.51 8.39 6.16

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
01 Aug 2025 11 110 1.8 440.9
20 Sep 2024 10 100 1.8 496.9
29 Aug 2023 5 50 1.8 407.85
24 Feb 2023 5 50 1.8 457.05

Peers

Other companies within the same industry or sector that are comparable to Tamilnad Mercantile Bank Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Equitas Small Finance Bank Ltd 55.82 1.53 0.00 71805.63 12.89 0.00
Fino Payments Bank Ltd 126.29 1.98 15.16 5242.34 111.19 0.00
Central Bank of India 33.82 -0.32 6.27 570192.95 43.47 0.56
Kotak Mahindra Bank Ltd 362.95 0.67 19.20 125248.11 2224.51 0.14

Company Info

YEAR EVENTS 2001 - Tamilnad Mercantile Bank has launched a special deposit scheme for senior citizens. Under the scheme, the interest rate on the deposits accepted from senior citizens would be 0.50 per cent over the normal interest rate. 2005 -TMB forges alliance with HDFC Bank -TMB launches new overdraft scheme for pensioners 2006 -TMB unveils new loan scheme 2009 - Tamilnadu Mercantile Bank (TMB) and United India Insurance Company Ltd (UIICL) inked a bancassurance agreement where the bank will market the products of the insurance company through its 215 branches across the country. 2022 - Launching Insurance Products with new Tie-up arrangement with M/s.Bajaj Allianz Life Insurance Company Ltd -Launching Insurance Products with new Tie-up arrangements with M/s.Max Life Insurance Company Limited and M/s.Cholamandalam MS General Insurance Company Ltd. 2023 -Tamilnad Mercantile Bank Limited has been awarded with the Best Bank award among all small banks in India by Business Today - KPMG2025-Tamilnad Mercantile Bank strengthens services for NRI customers with the launch of Global NRI Center-TMB Launches New Digital Platform (Finnone Neo) to Make Loan Processing and Approvals Faster and Simpler for Customers-TMB Launches Online EPF Payment Facility

YEAR EVENTS 2001 - Tamilnad Mercantile Bank has launched a special deposit scheme for senior citizens. Under the scheme, the interest rate on the deposits accepted from senior citizens would be 0.50 per cent over the normal interest rate. 2005 -TMB forges alliance with HDFC Bank -TMB launches new overdraft scheme for pensioners 2006 -TMB unveils new loan scheme 2009 - Tamilnadu Mercantile Bank (TMB) and United India Insurance Company Ltd (UIICL) inked a bancassurance agreement where the bank will market the products of the insurance company through its 215 branches across the country. 2022 - Launching Insurance Products with new Tie-up arrangement with M/s.Bajaj Allianz Life Insurance Company Ltd -Launching Insurance Products with new Tie-up arrangements with M/s.Max Life Insurance Company Limited and M/s.Cholamandalam MS General Insurance Company Ltd. 2023 -Tamilnad Mercantile Bank Limited has been awarded with the Best Bank award among all small banks in India by Business Today - KPMG2025-Tamilnad Mercantile Bank strengthens services for NRI customers with the launch of Global NRI Center-TMB Launches New Digital Platform (Finnone Neo) to Make Loan Processing and Approvals Faster and Simpler for Customers-TMB Launches Online EPF Payment Facility

Parent Organisation

Tamilnad Mercantile Bank Ltd.

Founded

11/05/1921

Managing Director

Mr.Salee S Nair

NSE Symbol

TMBEQ

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