Tamilnad Mercantile Bank Ltd.

487.95 -3.35 ▼-0.7%

26 April 2024, 04:02:41 PM
Volume: 50,057

Company Profile

Sector Banking Sector Icon Banking Compare with Sector peers
Industry Bank - Private Industry Icon Bank - Private Compare with Industry peers
Website http://www.tmb.in
Market Cap 7,725.18 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 67.70 Trailing Twelve Months Ending 2024-03
Price-Earning Ratio (PE) 7.21 Trailing Twelve Months Ending 2024-03
Industry PE 16.74 Trailing Twelve Months Ending 2024-03
Book Value / Share 500.23 Trailing Twelve Months Ending 2024-03
Price to Book Value 0.98 Calculated using Price: 487.85
Dividend Yield 2.05 Period Ending 2023-03
No. of Shares Subscribed 15.84 Cr. 158,351,454 Shares
FaceValue 10
About Tamilnad Mercantile Bank Ltd.
The bank offers banking products and services to retail, MSME, agricultural and corporate customers. Its retail asset products include home loans, personal loans, auto loans, educational loans, business loans as well as security-backed loans of various types to its retail customers. Its MSME portfolio consists primarily of various loan products to its MSME customers such as manufacturing, traders and services sector. Its loans to the agricultural sector include loans to individual farmers, group of farmers, agriculture businesses and agriculture corporate.

Tamilnad Mercantile Bank Ltd. Delivery

Delivered Qty
Traded Qty

Tamilnad Mercantile Bank Ltd. Performance

1 Day
-0.68%
1 Week
+1.20%
1 Month
+5.53%
3 Month
-2.85%
6 Month
-13.83%
1 Year
+14.25%
2 Year
5 Year
10 Year

Tamilnad Mercantile Bank Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 15.6 14.53 10.27 6.7 7.36 10.73 14.1 16.58 16.78
Return on Assets (%) 1.35 1.24 0.88 0.59 0.66 0.98 1.34 1.64 1.86
Net Interest Margin 3.11 3.16 3.25 3.35 3.19 3.22 3.38 3.59 3.81
Interest Spread (%) 7.07 7.21 8.46 7.48 6.5 6.73 6.56 6.95 6.83
Yield on Advances (%) 14.66 14.4 15.39 13.68 12.17 12.51 11.62 11.45 10.94

Tamilnad Mercantile Bank Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2024-03* Rs. Cr.
Shh. Funds 2,594 2,942 3,224 3,405 3,618 3,980 4,580 5,336 6,928 7,921
Minority Int.
Deposits 25,650 30,369 32,190 32,428 35,136 36,825 40,970 44,933 47,766 49,515
Borrowings 40 333 513 324 525 1,301
Other Liab. 1,465 1,623 1,570 1,574 1,778 1,630 1,977 2,590 2,676 2,815
Total Liab. 29,749 35,266 36,984 37,920 40,533 42,759 47,527 52,858 57,895 61,552
Fixed Assets 127 156 154 140 138 128 137 211 246 271
Investments 7,671 8,865 11,504 10,364 9,107 9,467 11,703 13,242 14,156 15,263
Advances 19,336 22,578 21,972 23,769 26,488 27,716 31,070 33,492 37,290 39,734
Cash & Bank 1,435 1,599 1,946 2,004 2,920 3,737 2,705 3,852 3,582 3,568
Other Assets 1,180 2,069 1,407 1,644 1,880 1,711 1,912 2,062 2,622 2,717
Total Assets 29,749 35,266 36,984 37,920 40,533 42,759 47,527 52,858 57,895 61,552

Tamilnad Mercantile Bank Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2024-03 Rs. Cr. TTM
Interest Earned 2,836 3,252 3,381 3,250 3,224 3,466 3,609 3,834 4,081 4,848
Other Income 292 319 431 506 414 526 644 812 629 645
Total Income 3,127 3,571 3,811 3,757 3,639 3,993 4,253 4,646 4,710 5,493
Operating Exp. -568 -637 -706 -710 -760 -851 -980 -1,111 -1,150 -1,314
Provisions -65 -177 -383 -696 -488 -410 -404 -392 -179 -88
PBIT 2,494 2,757 2,722 2,350 2,391 2,731 2,870 3,143 3,381 4,091
Interest -1,952 -2,208 -2,230 -2,041 -1,994 -2,147 -2,072 -2,019 -1,987 -2,697
Tax -163 -147 -176 -88 -138 -177 -195 -303 -364 -322
PAT 379 402 317 222 259 408 603 822 1,029 1,072
Adjusted EPS 27 28 22 16 18 29 42 58 65 68

Tamilnad Mercantile Bank Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 286 319 -18 753 -389 1,498 567 -670 1,325 -1,270
Cash Fr. Inv. -40 -44 -62 -38 -26 -34 -20 -37 -107 -89
Cash Fr. Finan. -21 -250 245 -368 472 -547 269 -324 -71 1,088
Net Change 225 24 164 347 58 917 816 -1,031 1,147 -270
Cash & Cash Eqvt 1,410 1,435 1,599 1,946 2,004 2,920 3,737 2,705 3,852 3,582

Tamilnad Mercantile Bank Ltd. Shareholding Pattern

7 Qtrs 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Public 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Tamilnad Mercantile Bank Ltd. Announcements

Thu, 25 Apr 2024
Loss of Share Certificates
Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates
Thu, 25 Apr 2024
Loss/Duplicate-Share Certificate-XBRL
TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Issue of duplicate share certificates/Letter of Confirmation
Thu, 25 Apr 2024
Loss of Share Certificates
Tamilnad Mercantile Bank Limited has informed the Exchange about Issue of duplicate share certificates

Tamilnad Mercantile Bank Ltd. Technical Scans

Fri, 26 Apr 2024
Opening at High Opening at High
High Increase in 1 Month High Increase in 1 Month
CCI Trending Down CCI Trending Down
William %R Trending Down William %R Trending Down
Close Crossing 20 SMA From Above Close Crossing 20 SMA From Above

Tamilnad Mercantile Bank Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. 1,146,943.59 1,509.80 -0.1%
ICICI Bank Ltd. 777,819.07 1,107.90 -0.5%
State Bank Of India 715,218.40 801.30 -1.4%
Axis Bank Ltd. 348,875.09 1,130.30 +0.3%
Kotak Mahindra Bank Ltd. 319,737.20 1,608.50 -2.1%
Punjab National Bank 150,245.31 136.45 +0.4%
Bank Of Baroda 138,670.08 268.05 -0.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
HDFC Bank Ltd. Consolidated 2024-03 17.90 1,509.80 -0.1%
ICICI Bank Ltd. Consolidated 2023-12 18.33 1,107.90 -0.5%
State Bank Of India Consolidated 2023-12 11.21 801.30 -1.4%
Axis Bank Ltd. Consolidated 2024-03 13.22 1,130.30 +0.3%
Kotak Mahindra Bank Ltd. Consolidated 2023-12 18.33 1,608.50 -2.1%
Punjab National Bank Consolidated 2023-12 19.69 136.45 +0.4%
Bank Of Baroda Consolidated 2023-12 7.34 268.05 -0.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
HDFC Bank Ltd. Consolidated 2024-03 2.53 1,509.80 -0.1%
ICICI Bank Ltd. Consolidated 2023-12 3.25 1,107.90 -0.5%
State Bank Of India Consolidated 2023-12 1.89 801.30 -1.4%
Axis Bank Ltd. Consolidated 2024-03 2.23 1,130.30 +0.3%
Kotak Mahindra Bank Ltd. Consolidated 2023-12 2.57 1,608.50 -2.1%
Punjab National Bank Consolidated 2023-12 1.50 136.45 +0.4%
Bank Of Baroda Consolidated 2023-12 1.17 268.05 -0.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 0.89 1,509.80 -0.1%
ICICI Bank Ltd. Consolidated 2023-03 0.90 1,107.90 -0.5%
State Bank Of India Consolidated 2023-03 1.57 801.30 -1.4%
Axis Bank Ltd. Consolidated 2023-03 1.59 1,130.30 +0.3%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 0.51 1,608.50 -2.1%
Punjab National Bank Consolidated 2023-03 0.74 136.45 +0.4%
Bank Of Baroda Consolidated 2023-03 1.03 268.05 -0.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 17.24 1,509.80 -0.1%
ICICI Bank Ltd. Consolidated 2023-03 17.71 1,107.90 -0.5%
State Bank Of India Consolidated 2023-03 18.44 801.30 -1.4%
Axis Bank Ltd. Consolidated 2023-03 8.77 1,130.30 +0.3%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 14.19 1,608.50 -2.1%
Punjab National Bank Consolidated 2023-03 3.32 136.45 +0.4%
Bank Of Baroda Consolidated 2023-03 14.92 268.05 -0.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 17.24 1,509.80 -0.1%
ICICI Bank Ltd. Consolidated 2023-03 17.71 1,107.90 -0.5%
State Bank Of India Consolidated 2023-03 18.44 801.30 -1.4%
Axis Bank Ltd. Consolidated 2023-03 8.77 1,130.30 +0.3%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 14.19 1,608.50 -2.1%
Punjab National Bank Consolidated 2023-03 3.32 136.45 +0.4%
Bank Of Baroda Consolidated 2023-03 14.92 268.05 -0.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 170,754.05 1,509.80 -0.1%
ICICI Bank Ltd. Consolidated 2023-03 121,066.81 1,107.90 -0.5%
State Bank Of India Consolidated 2023-03 350,844.58 801.30 -1.4%
Axis Bank Ltd. Consolidated 2023-03 87,448.37 1,130.30 +0.3%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 42,151.06 1,608.50 -2.1%
Punjab National Bank Consolidated 2023-03 86,845.29 136.45 +0.4%
Bank Of Baroda Consolidated 2023-03 94,138.61 268.05 -0.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 46,148.70 1,509.80 -0.1%
ICICI Bank Ltd. Consolidated 2023-03 34,463.03 1,107.90 -0.5%
State Bank Of India Consolidated 2023-03 56,558.43 801.30 -1.4%
Axis Bank Ltd. Consolidated 2023-03 10,852.66 1,130.30 +0.3%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 14,780.44 1,608.50 -2.1%
Punjab National Bank Consolidated 2023-03 3,069.34 136.45 +0.4%
Bank Of Baroda Consolidated 2023-03 14,687.88 268.05 -0.2%

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