• SENSEX 74,323.12
    319.30 (+0.43%)
  • BANKNIFTY 55,794.75
    -811.80 (--1.43%)
  • Kanohar Elect.
    786.95 0.00(%)
  • HDFC Bank
    720.25 1,020.35(%)
  • eMudhra
    677.50 721.00(%)
  • Molbio Diagnosti
    1,198.60 925.80(%)
  • One 97
    1,856.50 1,832.85(%)
  • Pine Labs
    175.40 134.75(%)
  • Tata Chemicals
    788.50 1,026.00(%)
  • Solar Industries
    18,480.00 11,641.10(%)
  • Raymond
    938.00 320.40(%)
  • Netweb Technol.
    4,390.00 2,820.80(%)
  • Billionbrains
    188.35 112.02(%)
  • Laurus Labs
    1,863.75 822.85(%)
  • Ather Energy
    1,521.00 535.00(%)
  • Reliance Industries
    1,254.80 1,611.20(%)
  • Sun Pharma.Inds.
    1,856.00 2,047.55(%)
  • Welspun Corp
    2,430.75 2,785.95(%)
  • Dixon Technolog.
    12,846.15 9,605.05(%)
  • Maruti Suzuki
    12,209.35 12,202.10(%)
  • Dhoot Transmission
    1,399.20 1,130.50(%)
  • Life Insurance
    394.70 468.30(%)
  • Overview
  • Key Ratios
  • Financials
  • Shareholding
  • Company Info
  • Peer Comparison

Tamilnad Mercantile Bank Ltd Banks - Private Sector

  • Indian Private
  • BSE Code : 12426.0
  • ISIN : INE668A01016
868.35 -43 (-4.67%)
  • As on 16 Sep 2026 (EOD)
  • Today’s Low

    860.00
  • Today’s High

    920.00
  • Open

    910.90
  • Perv Close

    910.90
  • 52W Low

    420.00
  • 52W High

    954.20

Key Indicators

  • P/E(TTM)

    9.54

  • Mar.Cap (₹Cr.)

    13,750.45

  • Div & Yield %

    1.44

  • Book Value(₹)

    667.00

  • Debt-Equity Ratio

    -4.67

  • AGM Date

    15-Sep-2026

  • EPS

    91.20

  • P/E Ratio

    9.54

Financials Ratios

  • Debt-Equity Ratio

    -

  • Mar.Cap (₹Cr.)

    13,750.45

  • RONW (%)

    -

  • ROCE (%)

    -

Score Board

  • Equity (₹ in Cr.)

    158.35

  • BV (₹)

    667.00

  • Sales( ₹ in Cr.)

    6,696.49

  • NP (in Cr.)

    1,337.25

  • NP Var(%)

    13.0

  • Div%

    125.0

  • CPS (₹)

    90.30

  • EPS (₹)

    84.40

  • Traded Value (₹ in Lakhs)

    13,782.12

  • 52 Week High

    954.20

  • 52 Week Low

    420.00

  • Price BSE

    870.0

  • Price NSE

    868.00

  • Market Capital( in Cr.)

    13,782.12

  • P/C Ratio

    9.60

  • P/E Ratio

    10.30

  • Price Vs.BV

    84.40

View More
Invest Now!

Navigate The Market With Confidence

Your all-in-one destination for expert investment guidance and streamlined portfolio management solutions

Financials

All Values are in (₹Cr)
Particulars(INCOME) 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar
INCOME :            
Interest Earned 5,819.41 5,291.27 4,847.91 4,081.04 3,833.86 3,609.05
Other Income 877.08 850.49 644.95 629.11 812.26 644.35
Total Income 6,696.49 6,141.76 5,492.86 4,710.15 4,646.12 4,253.40
EXPENDITURE :            
Interest Expended 3,292.15 2,990.34 2,697.02 1,986.92 2,018.63 2,071.52
Payments to and Provisions for Employees 794.49 726.34 685.91 618.67 615.79 560.50
Operating Expenses & Administrative Expenses 277.64 252.03 240.63 217.68 198.78 170.22
Depreciation 92.58 86.23 75.17 53.92 33.19 28.56
Other Expenses, Provisions & Contingencies 433.04 511.93 400.54 439.33 655.12 624.24
Provision for Tax 463.65 386.33 306.70 349.06 293.18 192.00
Provision Towards Deferred Tax 5.40 5.95 14.85 15.32 9.52 3.03
Total Expenditure 5,358.95 4,959.14 4,420.83 3,680.90 3,824.21 3,650.06
PROFIT & LOSS            
Net Profit / Loss for The Year 1,337.55 1,182.61 1,072.03 1,029.26 821.91 603.33
Extraordinary Items 0.30 0.40 0.16 0.10 0.01 0.13
Adjusted Net Profit 1,337.25 1,182.21 1,071.87 1,029.16 821.90 603.20
Profit brought forward 260.29 219.14 123.29 226.32 79.99 50.71
APPROPRIATION            
Transfer to Statutory Reserve 401.27 355.00 322.00 309.00 247.00 181.00
Transfer to Other Reserves 667.22 628.11 575.00 601.60 357.33 393.05
Trans. to Government /Proposed Dividend 174.19 158.35 79.18 221.69 71.26 0.00
Balance carried forward to Balance Sheet 355.16 260.29 219.14 123.29 226.32 79.99
Equity Dividend(%) 125.00 110.00 100.00 50.00 50.00 0.00
Dividend Per Share(Rs) 12.50 11.00 10.00 5.00 5.00 0.00
Earnings Per Share-Unit Curr 84.47 74.68 67.70 65.00 57.67 42.34
Earnings Per Share(Adj)-Unit Curr 84.47 74.68 67.70 65.00 - -
Book Value-Unit Curr 638.46 568.90 500.23 437.53 374.41 321.38
Book Value(Adj)-Unit Curr 638.46 568.90 500.23 437.53 - -

Shareholding Pattern

  • Public Share Holding

    100.00%

Category of Shareholder No of Shares % Holdings Demat Shares Shareholders
A]. Promoter & Group
Foreign (Promoter & Group) - Bodies Corporate 0 0.00 0 0
Foreign (Promoter & Group)-Individuals (Non-Resident / Foreign) 0 0.00 0 0
Foreign Promoter(Institutional) 0 0.00 0 0
Promoter Others 0 0.00 0 0
Sub Total 0 0.00 0 0
[2] INDIAN
Bodies Corporate-Indian (Promoter & Group) 0 0.00 0 0
Government(Central / State)-Indian (Promoter & Group) 0 0.00 0 0
Directors & their Relatives-Indian (Promoter & Group) 0 0.00 0 0
Financial Institutions / Banks-Indian (Promoter & Group) 0 0.00 0 0
Individuals / Hindu Undivided Family-Indian (Promoter & Group) 0 0.00 0 0
Partnership Firms-Indian (Promoter & Group) 0 0.00 0 0
Persons Acting in Concert 0 0.00 0 0
Trusts 0 0.00 0 0
Others 0 0.00 0 0
Sub Total 0 0.00 0 0
Total ShareHolding for Promoter & Group
B]. Publice Share Holding
1] Institution
Government(Central / State) 0 0.00 0 0
Clearing Members 0 0.00 0 0
Corporate Bodies 0 0.00 0 0
Foreign Direct Investments 0 0.00 0 0
Financial Institutions / Banks 0 0.00 0 0
Foreign Bank 0 0.00 0 0
Foreign Bodies Corporate/OCBs/FBC 0 0.00 0 0
Foreign Collaborators 0 0.00 0 0
Foreign Institutional Investors 10,657,416 6.73 10,657,416 146
Foreign Venture Capital Investors 0 0.00 0 0
Foreign Institution Other 0 0.00 0 0
Insurance Companies 1,032,272 0.65 1,032,272 6
Mutual Funds / UTI 913,583 0.58 913,583 7
Individuals (Non-Resident / Foreign) 0 0.00 0 0
NSDL Intransit 0 0.00 0 0
Others 1,148,714 0.73 1,148,714 7
Trusts 0 0.00 0 0
Venture Capital Funds 0 0.00 0 0
Sub total 13,751,985 8.68 13,751,985 166
2] Non Institution
Bodies Corporate 5,662,523 3.58 5,263,714 209
Clearing Members 8,245 0.01 8,245 10
Directors of their Relatives 3,376,233 2.13 3,376,233 32
Employees 0 0.00 0 0
Escrow Account 0 0.00 0 0
Foreign Corporate Bodies 35,510,451 22.43 0 8
Foreign Direct Investments 0 0.00 0 0
NRIs/Foreign Individuals/Foreign Nationals 2,752,029 1.74 2,709,444 2,219
Foreign Non Institution Other 0 0.00 0 0
Hindu Undivided Families 1,594,760 1.01 1,591,756 1,034
Indian Public 0 0.00 0 0
Individuals holding nominal share capital in excess of Rs. 1 lakh 63,480,687 40.09 38,203,129 323
Individuals holding nominal share capital up to Rs. 1 lakh 26,462,037 16.71 19,920,302 112,971
Market Maker 0 0.00 0 0
NSDL Transit 0 0.00 0 0
Shares in transit 0 0.00 0 0
Societies 0 0.00 0 0
Trust & Foundation 156,652 0.10 65,470 7
Others 2,333,067 1.47 2,330,562 6
Sub Total 144,599,469 91.32 76,629,764 116,981
Total Public Shareholding
C]. Shares held by Custodians and against which Depository Receipts have been issued
ADR 0 0.00 0 0
GDR 0 0.00 0 0
Other Custodians 0 0.00 0 0
Total Shares held by Custodians and against which Depository Receipts have been issued 0 0.00 0 0
Grand Total ( A + B + C ) 158,351,454 100.00 90,381,749 117,147

Company Background

Tamilnad Mercantile Bank LtdBanks - Private Sector

  • Tamilnad Mercantile Bank Ltd
  • BSE Code : 12426.0
  • ISIN : INE668A01016
  • Incorporation Year

    1921

  • Registered Office

    57 Victoria Extension Road
    , Thoothukudi,
    Tamil Nadu-628002

  • Telephone

    91-461-2325136

  • FAX

  • Chairman

    K Ramachandran

  • Managing Director

    Salee Sukumaran

  • Company Secretary

    SWAPNIL YELGAONKAR

  • Auditor

    Sundaram & Srinivasan/Chandran & Raman

  • Face Value

    10

  • Listing

    NSE

  • Registrar

    MUFG Intime India Pvt Ltd
    C-101 247 Park,
    L B S Marg,Vikhroli West
    Mumbai - Mumbai-400083

Tamilnad Mercantile Bank Ltd Peer Comparison

Profit & Loss
Financial Ratios
Balance Sheet
Select Company Name LTP (₹) Revenue Sales P/E Ratio ROCE %
T N Merc. Bank 870.35 6,696.49 5,819.41 9.54 0.00
ICICI Bank 1,352.00 200,703.68 169,946.09 18.60 0.00
SBI 969.40 556,240.68 482,797.17 10.91 0.00
HDFC Bank 717.00 370,054.63 307,522.07 14.62 0.00
Kotak Mah. Bank 409.60 67,187.26 55,563.98 27.43 0.00
Federal Bank 343.00 32,135.76 27,695.38 19.13 0.00
Karur Vysya Bank 324.40 13,158.67 11,074.35 11.42 0.00
Bank of Baroda 232.95 142,750.49 126,993.66 7.19 0.00
Canara Bank 122.40 153,204.21 126,366.17 5.75 0.00
IDBI Bank 82.98 35,743.53 28,997.26 9.27 0.00
UCO Bank 23.71 29,740.99 26,281.36 10.54 0.00