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Tamilnad Mercantile Bank Ltd.

BankBank - Private

www.tmb.bank.in BSE: 543596NSE: TMB

₹934.25BSE1.22%

07 Sep, 4:01 PM

₹934.25

₹14.84K Cr

10.27

1.40

13.99%

₹954.70

₹930.20

₹954.70

₹420.05

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Price Performance

Peer Comparison

Name
HDFC BANK HDFCBANK	710.80	14.50	10,95,639.85	2.18	19,059.72	4.98%	79,362.78	2.44%	12.91
ICICI BANK ICICIBANK	1,428.00	19.64	10,24,934.99	0.84	14,804.50	15.95%	45,670.78	6.34%	17.11
KOTAK MAH.BK KOTAKBANK	422.30	28.29	4,20,089.51	0.15	4,122.96	25.64%	14,477.49	4.63%	12.21
AXIS BANK AXISBANK	1,267.30	15.31	3,94,541.57	0.08	7,113.92	22.52%	33,985.63	9.41%	10.93
IDBI BANK L IDBI	90.70	10.14	97,524.29	0.00	2,115.18	5.37%	7,541.44	7.41%	15.30
FEDERAL BANK FEDERALBNK	341.70	19.06	84,470.63	0.35	1,176.93	36.57%	7,238.31	8.25%	11.07
AUBANK AUBANK	1,058.40	27.81	79,441.19	0.09	795.95	37.03%	5,302.74	21.11%	14.17
Tamilnad Mercantile Bank Ltd. TMB	934.25	10.27	14,837.53	1.33	411.51	34.97%	1,662.43	19.92%	18.27

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	959.40	986.49	1,002.15	996.69	1,012.12	1,070.08	1,155.89	1,209.16	1,281.15	1,337.41	1,331.02	1,341.68	1,386.24	1,413.39	1,469.41	1,550.38	1,662.43
Expenses	305.60	275.50	289.24	264.12	290.23	306.80	301.17	323.67	331.44	358.33	351.61	364.29	398.52	352.77	373.92	423.90	392.37
	401.12	426.39	374.40	389.23	404.80	404.41	379.91	365.12	468.84	465.20	407.70	404.00	412.26	452.43	468.23	522.31	611.07
	41.81%	43.22%	37.36%	39.05%	40.00%	37.79%	32.87%	30.20%	36.60%	34.78%	30.63%	30.11%	29.74%	32.01%	31.87%	33.69%	36.76%
Provisions and Contingencies	112.79	146.45	55.22	33.88	32.92	57.18	39.00	23.29	85.44	64.93	3.26	17.22	8.34	20.01	1.49	18.79	53.93
	253.96	214.17	139.62	144.80	160.76	183.93	167.00	156.06	233.72	227.47	188.92	200.38	231.23	208.07	196.01	241.76	238.36
Interest	506.64	498.77	478.13	488.14	477.85	542.80	641.81	676.43	714.59	741.35	760.63	773.77	806.69	816.26	823.27	845.93	897.35
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	288.33	279.94	319.18	355.35	371.88	347.23	340.91	341.83	383.40	400.27	404.44	386.78	403.92	432.42	466.74	503.52	557.14
	29.64%	18.93%	26.62%	26.19%	24.79%	27.12%	23.37%	19.99%	25.07%	24.26%	25.76%	24.53%	24.52%	26.57%	26.83%	25.79%	26.14%
	202.88	226.95	234.21	262.30	279.70	253.05	261.23	273.51	287.29	303.18	300.24	291.90	304.89	317.51	341.50	373.65	411.51
	14.24	15.93	16.43	16.56	17.66	15.98	16.50	17.27	18.14	19.15	18.96	18.43	19.25	20.05	21.57	23.60	25.99

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
I. INCOME
Interest Earned	3,833.86	4,081.04	4,847.91	5,291.27	5,819.41
	822.57	629.11	644.95	850.49	877.08
	4,656.43	4,710.15	5,492.86	6,141.75	6,696.49
II. EXPENDITURE
Interest Expended	2,018.63	1,986.92	2,697.02	2,990.34	3,292.15
Operating Expenses	1,111.04	1,150.39	1,314.06	1,405.67	1,549.11
Provisions and Contingencies	402.16	179.20	88.20	170.85	48.64
	1,124.61	1,393.64	1,393.58	1,574.89	1,806.60
Taxes	302.70	364.38	321.55	392.28	469.05
	821.91	1,029.26	1,072.03	1,182.61	1,337.55
Extra items				0.00	0.00
Consolidated Net Profit	821.91	1,029.26	1,072.03	1,182.61	1,337.55
IV. APPROPRIATIONS	901.90	1,255.58	1,195.32	1,401.75	1,597.84
Equity Dividend %	100.00%	100.00%	100.00%	110.00%	125.00%
	57.67	65.00	67.70	74.68	84.47
Adjusted EPS	57.67	65.00	67.70	74.68	84.47

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
SOURCES OF FUNDS:
	142.51	158.35	158.35	158.35	158.35
Share Warrants & Outstandings					0.09
Total Reserves	5,193.19	6,769.99	7,762.85	8,850.34	9,951.72
Reserve excluding Revaluation Reserve	5,193.19	6,769.99	7,762.85	8,850.34	9,951.72
Revaluation Reserves	0.00
Deposits	44,933.11	47,766.49	49,515.07	53,688.96	61,712.35
		525.00	1,301.15	500.00	700.00
Other Liabilities & Provisions	2,589.67	2,675.53	2,815.03	3,252.22	2,777.08
Total Liabilities	52,858.49	57,895.37	61,552.46	66,449.87	75,299.60
APPLICATION OF FUNDS :
Cash and balance with Reserve Bank of India	2,113.11	2,102.57	2,230.13	2,650.37	2,520.61
Balances with banks and money at call	1,738.89	1,479.41	1,337.99	1,757.87	1,694.33
Investments	13,035.46	14,156.04	15,262.60	15,100.80	15,692.68
Investments in India	13,035.46	14,155.78	15,262.54	15,100.35	15,692.07
Investments outside India	0.00	0.26	0.06	0.44	0.61
Advances	33,491.54	37,289.69	39,733.75	43,983.67	53,122.66
Gross block	647.37	736.10	836.60	936.34	1,054.98
Less: Accumulated Depreciation	436.54	490.45	565.62	651.86	744.43
Net Block	210.84	245.65	270.98	284.48	310.56
Other Assets	2,268.64	2,622.01	2,717.01	2,672.67	1,958.76
Total Assets	52,858.49	57,895.37	61,552.46	66,449.87	75,299.60
Contingent Liabilities	8,797.70	6,639.06	6,663.31	6,703.65	9,644.45
Bills for collection	8,797.70	1,225.72	874.94	861.65	987.31
	374.41	437.53	500.23	568.90	638.46
Adjusted Book Value	374.41	437.53	500.23	568.90	638.46

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
Net Profit Before Taxes	821.91	1,029.26	1,072.03	1,182.61	1,337.55
Adjustments for Expenses & Provisions :	738.03	597.37	405.54	648.84	609.86
Adjustments for Liabilities & Assets:	-234.93	-2,534.43	-1,773.11	439.39	-1,602.28
Refund/(payment) of direct taxes		-362.00	-315.00	-372.00	-446.00
Cash Flow from operating activities	1,325.01	-1,269.80	-610.54	1,898.84	-100.87
Cash Flow from investing activities	-106.83	-88.60	-100.30	-99.21	-118.25
Cash Flow from financing activities	-71.26	1,088.38	696.98	-959.50	25.81
Net increase/(decrease) in cash and cash equivalents	1,146.93	-270.02	-13.86	840.12	-193.31
Opening Cash & Cash Equivalents	2,705.08	3,852.00	3,581.99	3,568.12	4,408.25
Closing Cash & Cash Equivalent	3,852.00	3,581.99	3,568.12	4,408.25	4,214.94

Ratios

Valuation

10.27

1.40

6.34

2.43

91.20

667.00

Profitability

13.99

18.27

1.89

31.88

22.98

Leverage & Liquidity

0.07

Returns

1.33

Banking Metrics

3.46

0.73

0.18

86.08

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
	6.41	6.30	6.35	6.44	6.54	6.62	6.97	7.55	8.25
	93.59	93.70	93.66	93.56	93.47	93.38	93.03	92.45	91.75
	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
No. of Shareholders	1,16,186	1,20,897	1,23,233	1,27,154	1,25,220	1,24,440	1,19,203	1,17,065	1,17,147

Corporate Actions

Showing: All

Date	Type	Details	Ex-Date	Record Date
2026-07-13	Board Meeting	Quarterly Results
2026-06-18	AGM
2026-04-27	Ex Dividend	Rs.12.5000 per share(125%)Final Dividend	2026-06-12	2026-06-12

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

BankBank - Private

Tamilnad Mercantile Bank Ltd. operates in the Bank sector under the Bank - Private industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

19 members across the board and senior leadership

Swapnil Yelgaonkar

Company Secretary & Compliance Officer

—

PCG Asok Kumar

Non Executive Director

₹15.10 L

Mar '22

K Ramachandran

Chairman

₹11.37 L

Mar '26

Salee S Nair

Managing Director & CEO

₹99.67 L

Mar '26

A Niranjan Sankar

Non Independent & Non Executive Director

₹11.50 L

Mar '26

KV Rama Moorthy

Non Independent & Non Executive Director

₹15.00 L

Mar '26

SR Aravind Kumar

Non Independent & Non Executive Director

₹5.25 L

Mar '26

C Chiranjeeviraj

Non Executive Independent Director

₹17.00 L

Mar '26

S Sridharan

Non Executive Independent Director

₹20.50 L

Mar '26

R Deepak Shankar

Non Executive Independent Director

₹12.50 L

Mar '26

Thomas Mathew

Nominee Director - RBI

—

R Kanagavalli

Non Executive Independent Director

₹10.75 L

Mar '26

A Shidambaranathan

Non Executive Independent Director

₹17.50 L

Mar '26

CS Ram Kumar

Nominee Director - RBI

—

V Srinivasan

Nominee Director - RBI

—

MD Vincent

Executive Director

₹77.90 L

Mar '26

R Kodeeswaran

Non Independent & Non Executive Director

₹5.50 L

Mar '26

Vincent Menachery Devassy

Whole Time Director

₹31.33 L

Mar '25

Visvanathan Srinivasan

Additional Director

—

TMB Latest News

News

4 of 4 articles

EQUITY27 Jul 2026 · 17:36

Tamilnad Mercantile Bank informs about unaudited financial results

EQUITY27 Jul 2026 · 17:35

Tamilnad Mercantile Bank informs about analyst presentation

EQUITY2 Jul 2026 · 10:21

Tamilnad Mercantile Bank soars on registering 27% rise in total advances in Q1FY27

Total business stood at Rs 1,21,715 crore (provisional) as of June 30, 2026

COMPANY2 Jul 2026 · 09:58

Tamilnad Mercantile Bank registers 27% rise in total advances in Q1FY27

Total business stood at Rs 1,21,715 crore (provisional) as of June 30, 2026

TMB

₹934.25

-1.22%