Tamilnad Mercantile Bank Ltd.

477.55 -3.85 ▼-0.8%

28 February 2024, 04:01:00 PM
Volume: 9,482

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 7,558.91 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 67.70 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 7.05 Trailing Twelve Months Ending 2023-12
Industry PE 17.90 Trailing Twelve Months Ending 2023-12
Book Value / Share 484.25 Trailing Twelve Months Ending 2023-12
Price to Book Value 0.99 Calculated using Price: 477.35
Dividend Yield 2.09 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
-0.80%
1 Week
-2.74%
1 Month
-5.06%
3 Month
-6.93%
6 Month
-9.06%
1 Year
+5.44%
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. 2023-12* Rs. Cr.
Shh. Funds 2,594 2,942 3,224 3,405 3,618 3,980 4,580 5,336 6,928 7,668
Minority Int.
Deposits 25,650 30,369 32,190 32,428 35,136 36,825 40,970 44,933 47,766 46,799
Borrowings 40 333 513 324 525 1,215
Other Liab. 1,465 1,623 1,570 1,574 1,778 1,630 1,977 2,590 2,676 4,050
Total Liab. 29,749 35,266 36,984 37,920 40,533 42,759 47,527 52,858 57,895 59,733
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 15,513
Advances 19,336 22,578 21,972 23,769 26,488 27,716 31,070 33,492 37,290 38,116
Cash & Bank 1,435 1,599 1,946 2,004 2,920 3,737 2,705 3,852 3,582 3,312
Other Assets 1,180 2,069 1,407 1,644 1,880 1,711 1,912 2,062 2,622 2,522
Total Assets 29,749 35,266 36,984 37,920 40,533 42,759 47,527 52,858 57,895 59,733

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. 2023-12 Rs. Cr. TTM
Interest Earned 2,836 3,252 3,381 3,250 3,224 3,466 3,609 3,834 4,081 4,664
Other Income 292 319 431 506 414 526 644 812 629 665
Total Income 3,127 3,571 3,811 3,757 3,639 3,993 4,253 4,646 4,710 5,329
Operating Exp. -568 -637 -706 -710 -760 -851 -980 -1,111 -1,150 -1,256
Provisions -65 -177 -383 -784 -626 -587 -404 -392 -179 -122
PBIT 2,494 2,757 2,722 2,263 2,253 2,554 2,870 3,143 3,381 3,951
Interest -1,952 -2,208 -2,230 -2,041 -1,994 -2,147 -2,072 -2,019 -1,987 -2,553
Tax -163 -147 -176 -195 -303 -364 -326
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 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

6 Qtrs 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 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
Depository Receipts 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

Tamilnad Mercantile Bank Ltd. Announcements

Tue, 27 Feb 2024
Announcement under Regulation 30 (LODR)-Change in Directorate
Tamilnad Mercantile Bank Limited has informed the Exchange regarding the appointment of Thiru S.Sridharan (DIN : 07205781) as Additional Director (Independent) of the Bank w.e.f. February 27 2024
Mon, 26 Feb 2024
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, 22 Feb 2024
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

Tue, 27 Feb 2024
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Opening at High Opening at High
Opening at High for 2 Days Opening at High for 2 Days

Tamilnad Mercantile Bank Ltd. Related Stocks

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Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
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ICICI Bank Ltd. Consolidated 2023-12 17.54 1,046.15 -1.3%
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Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-12 2.47 1,408.15 -0.9%
ICICI Bank Ltd. Consolidated 2023-12 3.11 1,046.15 -1.3%
State Bank Of India Consolidated 2023-12 1.77 742.35 -1.0%
Kotak Mahindra Bank Ltd. Consolidated 2023-12 2.73 1,683.55 -1.3%
Axis Bank Ltd. Consolidated 2023-12 2.24 1,074.65 -0.4%
Bank Of Baroda Consolidated 2023-12 1.18 261.70 -3.2%
Punjab National Bank Consolidated 2023-12 1.36 120.70 -2.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 0.89 1,408.15 -0.9%
ICICI Bank Ltd. Consolidated 2023-03 0.90 1,046.15 -1.3%
State Bank Of India Consolidated 2023-03 1.57 742.35 -1.0%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 0.51 1,683.55 -1.3%
Axis Bank Ltd. Consolidated 2023-03 1.59 1,074.65 -0.4%
Bank Of Baroda Consolidated 2023-03 1.03 261.70 -3.2%
Punjab National Bank Consolidated 2023-03 0.74 120.70 -2.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 17.24 1,408.15 -0.9%
ICICI Bank Ltd. Consolidated 2023-03 17.71 1,046.15 -1.3%
State Bank Of India Consolidated 2023-03 18.44 742.35 -1.0%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 14.19 1,683.55 -1.3%
Axis Bank Ltd. Consolidated 2023-03 8.77 1,074.65 -0.4%
Bank Of Baroda Consolidated 2023-03 14.92 261.70 -3.2%
Punjab National Bank Consolidated 2023-03 3.32 120.70 -2.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2023-03 17.24 1,408.15 -0.9%
ICICI Bank Ltd. Consolidated 2023-03 17.71 1,046.15 -1.3%
State Bank Of India Consolidated 2023-03 18.44 742.35 -1.0%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 14.19 1,683.55 -1.3%
Axis Bank Ltd. Consolidated 2023-03 8.77 1,074.65 -0.4%
Bank Of Baroda Consolidated 2023-03 14.92 261.70 -3.2%
Punjab National Bank Consolidated 2023-03 3.32 120.70 -2.2%
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ICICI Bank Ltd. Consolidated 2023-03 121,066.81 1,046.15 -1.3%
State Bank Of India Consolidated 2023-03 350,844.58 742.35 -1.0%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 42,151.06 1,683.55 -1.3%
Axis Bank Ltd. Consolidated 2023-03 87,448.37 1,074.65 -0.4%
Bank Of Baroda Consolidated 2023-03 94,138.61 261.70 -3.2%
Punjab National Bank Consolidated 2023-03 86,845.29 120.70 -2.2%
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ICICI Bank Ltd. Consolidated 2023-03 34,463.03 1,046.15 -1.3%
State Bank Of India Consolidated 2023-03 56,558.43 742.35 -1.0%
Kotak Mahindra Bank Ltd. Consolidated 2023-03 14,780.44 1,683.55 -1.3%
Axis Bank Ltd. Consolidated 2023-03 10,852.66 1,074.65 -0.4%
Bank Of Baroda Consolidated 2023-03 14,687.88 261.70 -3.2%
Punjab National Bank Consolidated 2023-03 3,069.34 120.70 -2.2%

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