Tamilnad Mercantile Bank Ltd.

513.55 -1.65 ▼-0.3%

08 December 2023, 04:01:00 PM
Volume: 8,901

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 8,132.14 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 67.41 Trailing Twelve Months Ending 2023-09
Price-Earning Ratio (PE) 7.62 Trailing Twelve Months Ending 2023-09
Industry PE 19.93 Trailing Twelve Months Ending 2023-09
Book Value / Share 466.30 Trailing Twelve Months Ending 2023-09
Price to Book Value 1.10 Calculated using Price: 513.55
Dividend Yield 1.95 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
-0.32%
1 Week
-1.66%
1 Month
-4.27%
3 Month
-12.80%
6 Month
+24.29%
1 Year
-0.23%
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 (%) 15.60 14.53 10.27 6.70 7.36 10.73 14.10 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 6.50 6.73 6.56 6.95 6.83
Yield on Advances (%) 14.66 14.40 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. 2023-09* Rs. Cr.
Shh. Funds 2,594 2,942 3,224 3,405 3,618 3,980 4,580 5,336 6,928 7,384
Minority Int.
Deposits 25,650 30,369 32,190 32,428 35,136 36,825 40,970 44,933 47,766 47,314
Borrowings 40 333 513 324 525 650
Other Liab. 1,465 1,623 1,570 1,574 1,778 1,630 1,977 2,590 2,676 3,783
Total Liab. 29,749 35,266 36,984 37,920 40,533 42,759 47,527 52,858 57,895 59,131
Fixed Assets 127 156 154 140 138 128 137 211 246 269
Investments 7,671 8,865 11,504 10,364 9,107 9,467 11,703 13,242 14,156 15,676
Advances 19,336 22,578 21,972 23,769 26,488 27,716 31,070 33,492 37,290 37,509
Cash & Bank 1,435 1,599 1,946 2,004 2,920 3,737 2,705 3,852 3,582 3,303
Other Assets 1,180 2,069 1,407 1,644 1,880 1,711 1,912 2,062 2,622 2,375
Total Assets 29,749 35,266 36,984 37,920 40,533 42,759 47,527 52,858 57,895 59,131

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. 2023-09 Rs. Cr. TTM
Interest Earned 2,836 3,252 3,381 3,250 3,224 3,466 3,609 3,834 4,081 4,447
Other Income 292 319 431 506 414 526 644 812 629 668
Total Income 3,127 3,571 3,811 3,757 3,639 3,993 4,253 4,646 4,710 5,115
Operating Exp. -568 -637 -706 -710 -760 -851 -980 -1,111 -1,150 -1,222
Provisions -65 -177 -383 -784 -626 -587 -404 -392 -179 -152
PBIT 2,494 2,757 2,722 2,263 2,253 2,554 2,870 3,143 3,381 3,741
Interest -1,952 -2,208 -2,230 -2,041 -1,994 -2,147 -2,072 -2,019 -1,987 -2,339
Tax -163 -147 -176 -195 -303 -364 -334
PAT 379 402 317 222 259 408 603 822 1,029 1,067
Adjusted EPS 27 28 22 16 18 29 42 58 65 67

Tamilnad Mercantile Bank Ltd. Cash Flow

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 740 286 319 -18 753 -389 567 -670 1,325 -1,270
Cash Fr. Inv. -39 -40 -44 -62 -38 -26 -20 -37 -107 -89
Cash Fr. Finan. -240 -21 -250 245 -368 472 269 -324 -71 1,088
Net Change 460 225 24 164 347 58 816 -1,031 1,147 -270
Cash & Cash Eqvt 1,185 1,410 1,435 1,599 1,946 2,004 3,737 2,705 3,852 3,582

Tamilnad Mercantile Bank Ltd. Shareholding Pattern

5 Qtrs 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%)
Promoter 0.00 0.00 0.00 0.00 0.00
Public 100.00 100.00 100.00 100.00 100.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00

Tamilnad Mercantile Bank Ltd. Announcements

Fri, 01 Dec 2023
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificate
Mon, 27 Nov 2023
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates
Thu, 23 Nov 2023
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates

Tamilnad Mercantile Bank Ltd. Technical Scans

Fri, 08 Dec 2023
Closing Below Previous Low Closing Below Previous Low
Making Lower Lows for 3 days Making Lower Lows for 3 days
Closing Below Previous Low for 2 Days Closing Below Previous Low for 2 Days
Making Lower Lows for 2 Days Making Lower Lows for 2 Days
High Decrease in 3 Months High Decrease in 3 Months

Tamilnad Mercantile Bank Ltd. Related Stocks

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Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-09 2.99 1,653.10 +1.4%
ICICI Bank Ltd. Consolidated 2023-09 3.11 1,010.95 +1.2%
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Kotak Mahindra Bank Ltd. Consolidated 2023-09 3.04 1,837.35 +0.6%
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IndusInd Bank Ltd. Consolidated 2023-09 2.02 1,506.95 +0.3%
Bank Of Baroda Consolidated 2023-09 0.96 212.00 +0.4%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 0.89 1,653.10 +1.4%
ICICI Bank Ltd. Consolidated 2023-03 0.90 1,010.95 +1.2%
State Bank Of India Consolidated 2023-03 1.57 614.15 +0.4%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 0.51 1,837.35 +0.6%
Axis Bank Ltd. Consolidated 2023-03 1.59 1,131.10 +1.2%
IndusInd Bank Ltd. Consolidated 2023-03 0.90 1,506.95 +0.3%
Bank Of Baroda Consolidated 2023-03 1.03 212.00 +0.4%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 17.24 1,653.10 +1.4%
ICICI Bank Ltd. Consolidated 2023-03 17.71 1,010.95 +1.2%
State Bank Of India Consolidated 2023-03 18.44 614.15 +0.4%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 14.19 1,837.35 +0.6%
Axis Bank Ltd. Consolidated 2023-03 8.77 1,131.10 +1.2%
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ICICI Bank Ltd. Consolidated 2023-03 17.71 1,010.95 +1.2%
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Kotak Mahindra Bank Ltd. Consolidated 2023-03 14.19 1,837.35 +0.6%
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IndusInd Bank Ltd. Consolidated 2023-03 14.54 1,506.95 +0.3%
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Kotak Mahindra Bank Ltd. Consolidated 2023-03 42,151.06 1,837.35 +0.6%
Axis Bank Ltd. Consolidated 2023-03 87,448.37 1,131.10 +1.2%
IndusInd Bank Ltd. Consolidated 2023-03 36,367.92 1,506.95 +0.3%
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ICICI Bank Ltd. Consolidated 2023-03 34,463.03 1,010.95 +1.2%
State Bank Of India Consolidated 2023-03 56,558.43 614.15 +0.4%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 14,780.44 1,837.35 +0.6%
Axis Bank Ltd. Consolidated 2023-03 10,852.66 1,131.10 +1.2%
IndusInd Bank Ltd. Consolidated 2023-03 7,443.13 1,506.95 +0.3%
Bank Of Baroda Consolidated 2023-03 14,687.88 212.00 +0.4%

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