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Tamilnad Mercantile Bank Ltd

Wed 21/05/2025,15:51:29 NSE: TMB

₹ 450.35 -1.45 (-0.32%)
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Home Stock Tamilnad Mercantile Bank Ltd

Wed 21/05/2025,16:1:0

Tamilnad Mercantile Bank Ltd

Wed 21/05/2025,15:51:29 | NSE : TMB

₹ 450.35-1.45 (-0.32%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 451.95

Previous Close

₹ 451.80

Volume

38746

Mkt Cap ( Rs. Cr)

₹7131.36

High

₹ 452.95

Low

₹ 449.55

52 Week High

₹ 513.55

52 Week Low

₹ 401.00

Book Value Per Share

₹ 532.38

Dividend Yield

2.43

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

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Option Chain

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

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News

Media spotlight triggers stock stock attention, sentiment.

  • Tamilnad Mercantile - Copy of Newspaper Publication

    6 May 2025, 8:24PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding the Notice of the Postal Ballot and e-voting

  • Tamilnad Mercantile - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR) Of The Bank

    6 May 2025, 6:08PM 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 May 2025, 6:05PM 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 - Notice Of Shareholders Meetings-XBRL

    5 May 2025, 4:26PM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot

  • Tamilnad Mercantile - Shareholders meeting

    5 May 2025, 4:21PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of Postal Ballot

  • Tamilnad Mercantile - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    5 May 2025, 4:30PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of Postal Ballot

  • Tamilnad Mercantile - General Updates

    1 May 2025, 1:27PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Newspaper advertisement published regarding the proposed transfer of equity share

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    30 Apr 2025, 1:16PM Tamilnad Mercantile Bank Limited has informed the Exchange about Transcript

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    30 Apr 2025, 1:36PM Tamilnad Mercantile Bank Limited has informed the Exchange about Transcript

  • Tamilnad Mercantile - Revision In Repo Linked Lending Rate (RLLR) Of The Bank

    29 Apr 2025, 12:51PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Repo Linked Lending Rate (RLLR) of the Bank

  • Tamilnad Mercantile - General Updates

    29 Apr 2025, 12:43PM Tamilnad Mercantile Bank Limited has informed the Exchange about Revision in Repo Linked Lending Rate (RLLR) of the Bank

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    24 Apr 2025, 6:10PM Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Audio Recording of the Earning Conference Call with Investor & Analyst - Q4 R

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    24 Apr 2025, 5:47PM Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Audio Recording of the Earning Conference Call with Investor & Analyst - Q4 R

  • Tamilnad Mercantile - Copy of Newspaper Publication

    24 Apr 2025, 5:40PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication- Audited Financial Results of the Bank for the Quarter

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Investor Presentation

    23 Apr 2025, 10:07PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation

  • Tamilnad Mercantile - Investor Presentation

    23 Apr 2025, 10:04PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation

  • Tamilnad Mercantile - Press Release

    23 Apr 2025, 9:31PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated April 23, 2025, titled ""Audited Financial Results for the

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    23 Apr 2025, 9:25PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated April 23, 2025, titled \Audited Financial Results for the Q

  • Tamilnad Mercantile - Outcome of Board Meeting-XBRL

    23 Apr 2025, 5:40PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on 23-Apr-2025 for Dividend

  • Tamilnad Mercantile - Dividend

    23 Apr 2025, 5:07PM Tamilnad Mercantile Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 23, 2025, recommended Final Dividend o

  • Tamilnad Mercantile - Outcome of Board Meeting

    23 Apr 2025, 4:55PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on April 23, 2025.

  • Tamilnad Mercantile - Corporate Action-Board approves Dividend

    23 Apr 2025, 5:29PM Tamilnad Mercantile Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 23, 2025, recommended Final Dividend o

  • Tamilnad Mercantile Q4 net profit up 15.35% at Rs 291.90 cr

    23 Apr 2025, 5:20PM The bank reported standalone net profit of Rs 291.90 crore for the quarter ended March 31, 2025 as compared to Rs 253.06 crore in the same period last

  • Tamilnad Mercantile - Audited Financial Results For The Quarter And Financial Year Ended March 31, 2025 And Final Dividend

    23 Apr 2025, 5:19PM Tamilnad Mercantile Bank Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025

  • Tamilnad Mercantile - Board Meeting Outcome for Audited Financial Results For The Quarter And Financial Year Ended March 31,

    23 Apr 2025, 5:00PM Tamilnad Mercantile Bank Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025

  • Tamilnad Mercantile - General Updates

    21 Apr 2025, 7:47PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding 'Intimation about changes in the email and website address of the Bank's RTA'

  • Tamilnad Mercantile - Updates

    21 Apr 2025, 7:42PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding 'Intimation about changes in the email and website address of the Bank's RTA'

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    11 Apr 2025, 4:27PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Dial in details for Earnings Conference Call with Investor / Analyst on the Audit

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Apr 2025, 4:21PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Dial in details for Earnings Conference Call with Investor / Analyst on the Audit

  • Tamilnad Mercantile has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    11 Apr 2025, 12:10PM As of March 2025, 100.00% owned by Public. <p align=justify> Institutional holds 6.88% (Insurance Companies 2.07%) and Non-Institutional holds 93.12%

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    8 Apr 2025, 8:35PM Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform that the Bank will host an earning

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    8 Apr 2025, 8:28PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Board Meeting Intimation for Board Meeting Intimation

    8 Apr 2025, 8:17PM Tamilnad Mercantile Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/04/2025 ,inter alia, to cons

  • Tamilnad Mercantile - Board Meeting Intimation

    8 Apr 2025, 8:09PM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Board Meeting to be held on 23-Apr-2025 to consider and approve the Yearly Audited Fi

  • Tamilnad Mercantile - General Updates

    5 Apr 2025, 4:40PM Tamilnad Mercantile Bank Limited has informed the Exchange about Provisional Business Figures of the Bank as on 31st March 2025

  • Tamilnad Mercantile - General Updates

    5 Apr 2025, 4:47PM Tamilnad Mercantile Bank Limited has informed the Exchange about Provisional Business Figures of the Bank as on 31st March 2025

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

    3 Apr 2025, 8:12PM Tamilnad Mercantile Bank Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Tamilnad Mercantile - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    3 Apr 2025, 8:04PM Tamilnad Mercantile Bank Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Tamilnad Mercantile - Action(s) taken or orders passed

    29 Mar 2025, 11:36AM Tamilnad Mercantile Bank Limited has informed the Exchange about receipt of cautionary email/letter from Stock Exchanges

  • Tamilnad Mercantile - Announcement Under Regulation 30 Of SEBI(LODR) Regulations, 2015 - Receipt Of Cautionary Email/Letter

    29 Mar 2025, 11:50AM Tamilnad Mercantile Bank Limited has informed the Exchange about receipt of cautionary email/letter from Stock Exchanges

  • Tamilnad Mercantile - General Updates

    26 Mar 2025, 8:55PM Tamilnad Mercantile Bank Limited has informed the Exchange about Outcome of the Analysts/Investors Meet

  • Tamilnad Mercantile - General Updates

    26 Mar 2025, 8:48PM Tamilnad Mercantile Bank Limited has informed the Exchange about General Updates

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    26 Mar 2025, 8:44PM Tamilnad Mercantile Bank Limited has informed the Exchange about Outcome of the Analysts/Investors Meet

  • Tamilnad Mercantile - General Updates

    26 Mar 2025, 8:38PM Tamilnad Mercantile Bank Limited has informed the Exchange about General Updates

  • Tamilnad Mercantile - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    26 Mar 2025, 8:33PM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tra

  • Tamilnad Mercantile - Board Meeting Outcome for Outcome Of Board Meeting

    26 Mar 2025, 8:15PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on March 26, 2025.

  • Tamilnad Mercantile - Outcome of Board Meeting

    26 Mar 2025, 8:09PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on March 26, 2025.

  • Tamilnad Mercantile - General Updates

    26 Mar 2025, 6:32PM Tamilnad Mercantile Bank Limited Has Informed The Exchange Regarding ''Opening Of New Branches\

  • Tamilnad Mercantile - General Updates

    26 Mar 2025, 6:26PM Tamilnad Mercantile Bank Limited Has Informed The Exchange Regarding ''Opening Of New Branches""

  • Tamilnad Mercantile - Trading Window-XBRL

    26 Mar 2025, 6:01PM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Closure of Trading Window

  • Tamilnad Mercantile - Trading Window

    26 Mar 2025, 5:58PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regu

  • Tamilnad Mercantile - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    20 Mar 2025, 4:24PM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Tra

  • Tamilnad Mercantile - Appointment

    20 Mar 2025, 4:22PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Appointment of Shri. Sanjoy Kumar Goel as Chief Financial Officer of the Bank w.

  • Tamilnad Mercantile - Tamilnad Mercantile Bank Limited Has Informed The Exchange Regarding Appointment Of Chief Financial Off

    20 Mar 2025, 4:37PM Appointment of Shri. Sanjoy Kumar Goel as Chief Financial Officer of the Bank w.e.f. March 20, 2025.

  • Tamilnad Mercantile - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    14 Mar 2025, 10:06AM Tamilnad Mercantile Bank Limited has submitted the Exchange a copy of Scrutinizer's report of Postal Ballot

  • Tamilnad Mercantile - Shareholders meeting

    14 Mar 2025, 9:55AM Tamilnad Mercantile Bank Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot

  • Tamilnad Mercantile - General Updates

    11 Mar 2025, 10:05PM Tamilnad Mercantile Bank Limited has informed the Exchange about General Updates

  • Tamilnad Mercantile - Action(s) taken or orders passed

    11 Mar 2025, 4:33PM Tamilnad Mercantile Bank Limited has informed the Exchange about Action(s) taken or orders passed

  • Tamilnad Mercantile - Tamilnad Mercantile Bank Limited Has Informed The Exchange About Action(S) Taken Or Orders Passed

    11 Mar 2025, 4:46PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we wish to inform t

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Mar 2025, 5:08PM Tamilnad Mercantile Bank Limited has informed the Exchange about Rescheduling participation in the Analysts/Investors meet

  • Tamilnad Mercantile - Tamilnad Mercantile Bank Limited Has Informed The Exchange About Rescheduling Participation In The Anal

    10 Mar 2025, 5:26PM Pursuant to Regulation 30(6) of SEBI (LODR)Regulations, 2015, we would like to inform you that due to office exigencies, the date on which the Bank's

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    7 Mar 2025, 8:36PM We wish to inform that the Bank's representatives will be participating in the Investor Conference (Group meet/ One to one meet) organized by Arihant

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Mar 2025, 8:25PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR) And Repo Linked Lending Rate (RLLR) Of The

    6 Mar 2025, 8:05PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) and Repo Linked Lend

  • Tamilnad Mercantile - General Updates

    6 Mar 2025, 8:05PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) and Repo Linked Lend

  • Tamilnad Mercantile - Loss/Duplicate-Share Certificate-XBRL

    6 Mar 2025, 6:46PM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Loss of share certificates

  • Tamilnad Mercantile - Loss of Share Certificates

    6 Mar 2025, 6:45PM Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates

  • Tamilnad Mercantile - Loss/Duplicate-Share Certificate-XBRL

    5 Mar 2025, 11:59AM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Loss of share certificates

  • Tamilnad Mercantile - Loss of Share Certificates

    5 Mar 2025, 11:58AM Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates

  • Tamilnad Mercantile - Loss/Duplicate-Share Certificate-XBRL

    25 Feb 2025, 7:53PM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Loss of share certificates

  • Tamilnad Mercantile - Loss of Share Certificates

    25 Feb 2025, 7:48PM Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates

  • Tamilnad Mercantile - Loss/Duplicate-Share Certificate-XBRL

    21 Feb 2025, 7:17PM TAMILNAD MERCANTILE BANK LIMITED has informed the Exchange about Loss of share certificates

  • Tamilnad Mercantile - Loss of Share Certificates

    21 Feb 2025, 7:16PM Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates

  • 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.
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Key fundamentals

Evaluate the intrinsic value of Tamilnad Mercantile Bank Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 61552.4601 57895.3658 52858.4881 47527.1685 42758.7972
Liabilities 61552.4601 57895.3658 52858.4881 47527.1685 42758.7972
Equity 158.3515 158.3515 142.5115 142.5115 142.5115
Gross Profit 823.8082 956.3241 335.1991 -41.0189 -88.6444
Net Profit 1072.0325 1029.259 821.9087 603.3293 407.693
Cash From Operating Activities -610.5389 -1269.8005 1325.0124 -670.363 567.3511
NPM(%) 22.11 25.22 21.43 16.71 11.76
Revenue 4847.9094 4081.0417 3833.8601 3609.0535 3466.1117
Expenses 4024.1012 3124.7176 3498.661 3650.0724 3554.7561
ROE(%) 12.71 12.2 9.74 7.15 4.83

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
11 110 2.44 440.9
20 Sep 2024 10 100 2.44 496.9
29 Aug 2023 5 50 2.44 407.85
24 Feb 2023 5 50 2.44 457.05

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 64.54 -0.25 50.03 51228.82 12.90 0.00
Fino Payments Bank Ltd 250.08 1.62 22.49 3756.29 111.19 0.00
Central Bank of India 36.81 0.00 8.46 391857.50 43.47 0.51
Kotak Mahindra Bank Ltd 2071.30 -0.90 18.61 89734.75 2225.64 0.12

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 - KPMG

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 - KPMG

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Parent Organisation

Tamilnad Mercantile Bank Ltd.

Founded

11/05/1921

Managing Director

Mr.Salee S Nair

NSE Symbol

TMBEQ

FAQ

The current price of Tamilnad Mercantile Bank Ltd is ₹ 450.35.

The 52-week high for Tamilnad Mercantile Bank Ltd is ₹ 452.95 and the 52-week low is ₹ 449.55.

The market capitalization of Tamilnad Mercantile Bank Ltd is currently ₹ 7131.36. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Tamilnad Mercantile Bank Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Tamilnad Mercantile Bank Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Tamilnad Mercantile Bank Ltd shares.

The CEO of Tamilnad Mercantile Bank Ltd is Mr.Salee S Nair, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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