Tamilnad Mercantile Bank
Tamilnad Mercantile Bank Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Tamilnad Mercantile Bank Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Tamilnad Mercantile Bank Ltd trades at a P/E of 9.13× and P/B of 1.21×, against the Financial Services sector median P/E of 17.67×.
Valuation
Profitability
Growth
Financial Health
Tamilnad Mercantile Bank Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Tamilnad Mercantile Bank Ltd, switchable between annual and quarterly views, consolidated or standalone.
Tamilnad Mercantile Bank Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹12,256.4 Cr and reported EPS of ₹84.45.
Tamilnad Mercantile Bank segment analysis: revenue and profit mix.
Disclosed business segments at Tamilnad Mercantile Bank with their share of revenue and profit, switchable between consolidated and standalone reporting.
Tamilnad Mercantile Bank discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Tamilnad Mercantile Bank Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Tamilnad Mercantile Bank Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Tamilnad Mercantile Bank Ltd's investment case rests on 10 positive markers and 9 flagged concerns drawn from the latest reported filings.
What you're getting.
Attractive P/E (6.42) and P/B (0.80) ratios suggest potential undervaluation.
Robust Return on Equity of 14.00% indicates efficient capital utilization.
Exceptional Operating Profit Margin of 72.30% highlights strong core business performance.
Very low debt-to-equity ratio of 0.08 signifies strong financial stability.
Strong 5-year EPS growth of 23.74% demonstrates consistent profitability.
What can break it.
Complete absence of promoter holdings (0%) raises corporate governance concerns.
High public shareholding (92.94%) may lead to increased stock volatility.
Negative TTM EPS growth of -41.49% indicates recent earnings decline.
Zero 5-year dividend growth rate (0.00%) suggests limited shareholder returns.
Modest 5-year revenue growth of 4.66% indicates slower top-line expansion.
What would change my mind.
Trim if P/E re-rates above 12 (~0.7× the sector multiple of 17.7). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 9%. The operating engine is no longer compounding capital efficiently.
Tamilnad Mercantile Bank Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Tamilnad Mercantile Bank Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Tamilnad Mercantile Bank Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Tamilnad Mercantile Bank Ltd — derived from the live tape, not yesterday's close.
Tamilnad Mercantile Bank Ltd last traded at ₹774.2 with an intraday range of ₹771–₹794.95 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹774.20| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 837.00 | +62.80 | +8.11% |
| R3 | 813.05 | +38.85 | +5.02% |
| R2 | 804.00 | +29.80 | +3.85% |
| R1 | 789.10 | +14.90 | +1.92% |
| PIVOT | 780.05 | 5.85 | 0.76% |
| CURRENT | 774.20 | — | — |
| S1 | 717.25 | -56.95 | -7.36% |
| S2 | 741.20 | -33.00 | -4.26% |
| S3 | 756.10 | -18.10 | -2.34% |
| S4 | 765.15 | -9.05 | -1.17% |
TMB is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 771.45 ~ 794.95
Trading Inside opening range
Tamilnad Mercantile Bank Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Tamilnad Mercantile Bank Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Tamilnad Mercantile Bank Ltd stood at 51.5% of traded volume, against a 20-day average of 43.0%.
Tamilnad Mercantile Bank announcements: results, concalls, ratings, M&A.
Filings Tamilnad Mercantile Bank sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Tamilnad Mercantile Bank files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 191 documents below.
Copy of Newspaper Publication
Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding 104th Annual General Meeting of the Bank,…
General Updates
Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank
General Updates
Tamilnad Mercantile Bank Limited has informed the Exchange regarding "Opening of New Branch"
General Updates
Tamilnad Mercantile Bank Limited has informed the Exchange regarding "Opening of New Branch"
Analysts/Institutional Investor Meet/Con. Call Updates
Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Recording
Investor decks & rating reports.
Tamilnad Mercantile Bank insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Tamilnad Mercantile Bank as reported to SEBI — buying and selling signals from the people who know the business best.
Tamilnad Mercantile Bank insider activity below tracks 8 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| D.N.Nirranjan Kani | Insider | 16 Mar 2026 | buy | +5.5 K | — | — |
| Anuradha Nirranjan Kani | Insider | 16 Mar 2026 | buy | +5.5 K | — | — |
| D.N.Nirranjan Kani | Insider | 16 Mar 2026 | buy | +5.5 K | — | — |
| Anuradha Nirranjan Kani | Insider | 16 Mar 2026 | buy | +5.5 K | — | — |
| D.N.Nirranjan Kani | Insider | 16 Mar 2026 | buy | +5.5 K | — | — |
| Anuradha Nirranjan Kani | Insider | 16 Mar 2026 | buy | +5.5 K | — | — |
| D.N.Nirranjan Kani | Insider | 16 Mar 2026 | buy | +5.5 K | — | — |
| Anuradha Nirranjan Kani | Insider | 16 Mar 2026 | buy | +5.5 K | — | — |
Tamilnad Mercantile Bank dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Tamilnad Mercantile Bank has declared, sequenced by announce and record date.
Tamilnad Mercantile Bank corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Tamilnad Mercantile Bank Ltd: business, sector, key facts.
What Tamilnad Mercantile Bank Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Tamilnad Mercantile Bank Ltd operates in the Financial Services, listed as NSE: TMB, BSE: 543596.
Tamilnad Mercantile Bank Limited (TMB) is an Indian banking and financial services institution with a long history, established in 1921 and formerly known as The Nadar Bank Ltd. It operates across various segments, primarily focusing on providing a comprehensive range of banking products and services to both individual and corporate clients throughout India.
TMB's business is structured around three core segments: Treasury, Corporate/Wholesale Banking, and Retail Banking. The Treasury segment likely manages the bank's liquidity and investments, while Corporate/Wholesale Banking caters to larger businesses and institutions, offering tailored financial solutions. The Retail Banking segment forms a significant part of TMB's operations, providing services directly to individual customers.
The bank offers a wide array of retail banking services. These include various deposit accounts (savings, fixed, recurring, term, and current), payment solutions (debit and credit cards, online bill payment, e-tax payment, POS terminals), investment options (demat and equity trading accounts, portfolio management, mutual funds, sovereign gold bonds), and insurance products. Furthermore, TMB provides convenient access to these services through internet and mobile banking platforms.
In terms of lending, TMB provides a diverse portfolio of loan products to meet a broad spectrum of customer needs. This includes personal loans, home loans, vehicle loans (car and two-wheeler), LAP (Loan Against Property), and various business loans catering to different sectors such as MSME (Micro, Small, and Medium Enterprises), agriculture, healthcare (pharma and health care loans for doctors), education, and even specialized loans for rice and dhall mills, traders, and service providers. They also cater to the needs of Non-Resident Indians (NRI) and offer green energy financing options.
Overall, TMB's business model is characterized by its extensive product offerings, covering various financial needs for individuals and businesses, along with its diverse loan portfolio aiming to serve a wide range of sectors within the Indian economy. Its longevity suggests a history of adaptation to the changing financial landscape in India, positioning it as a significant player in the Indian banking sector.
Questions investors ask about Tamilnad Mercantile Bank Ltd (TMB).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Tamilnad Mercantile Bank Ltd (TMB)?
The current share price of Tamilnad Mercantile Bank Ltd (TMB) is ₹774.2. Today, the stock has gained by ₹7.15 (0.93%), trading in a range of ₹771 to ₹794.95. The stock opened at ₹772.95 with a trading volume of 2,70,891 shares.
02Is Tamilnad Mercantile Bank Ltd stock a good investment for long-term?
Tamilnad Mercantile Bank Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹12,256.4 crores, P/E ratio of 9.13, ROE of 13.99%, and ROCE of 7.49%. The dividend yield stands at 1.63%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Tamilnad Mercantile Bank Ltd stock?
The 52-week high price of Tamilnad Mercantile Bank Ltd (TMB) is ₹791.95, while the 52-week low is ₹411.8. Currently trading at ₹774.2, the stock is 95.3% away from its 52-week low and 2.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Tamilnad Mercantile Bank Ltd stock at the current price?
Whether to buy Tamilnad Mercantile Bank Ltd stock at ₹774.2 depends on multiple factors. The stock is currently trading with a P/E ratio of 9.13 and P/B ratio of 1.21. Today's performance shows a gain of 0.93%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Tamilnad Mercantile Bank Ltd and when is the next dividend?
Tamilnad Mercantile Bank Ltd offers a dividend yield of 1.63%, which means for every ₹100 invested at the current price of ₹774.2, you can expect to receive approximately ₹1.63 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Tamilnad Mercantile Bank Ltd?
Tamilnad Mercantile Bank Ltd's key financial metrics include: P/E Ratio: 9.13, P/B Ratio: 1.21, ROE: 13.99%, ROCE: 7.49%, Dividend Yield: 1.63%, EPS: ₹84.45, Book Value: ₹638.57, and Debt-to-Equity: 0.00. The company's market cap stands at ₹12,256.4 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Tamilnad Mercantile Bank Ltd stock performing today in the market?
Tamilnad Mercantile Bank Ltd stock opened at ₹772.95 and is currently trading at ₹774.2, showing a gain of ₹7.15 (0.93%). The intraday high is ₹794.95 and low is ₹771. The trading volume stands at 2,70,891 shares, indicating moderate market participation today.
08What is the P/E ratio of Tamilnad Mercantile Bank Ltd and what does it indicate?
Tamilnad Mercantile Bank Ltd has a Price-to-Earnings (P/E) ratio of 9.13, which means investors are willing to pay ₹9.13 for every ₹1 of earnings. With an EPS of ₹84.45, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Tamilnad Mercantile Bank Ltd (TMB) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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