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Banking And Finance | Small Cap
Health Score : 7.20Tamilnad Mercantile Bank shows a mixed financial performance. The bank demonstrates strong growth and profitability, driven by solid revenue and net income increases. Liquidity is exceptionally high, indicating a robust ability to meet short-term obligations. However, solvency ratios reveal a high reliance on debt, which could pose risks if not managed carefully. Efficiency metrics present a mixed picture, with excellent fixed asset turnover offset by poor inventory and capital turnover. While coverage ratios are generally adequate, interest coverage is somewhat low. The bank's financial ratios reflect moderate earnings per share and book value, balanced by a reasonable dividend payout. Overall, the bank exhibits strong growth and profitability, but needs to address its debt levels and improve operational efficiency in specific areas to ensure long-term financial stability and success. The bank's high liquidity provides a cushion against unforeseen challenges, while its profitability supports dividend payouts.
Health Score : 7.20Tamilnad Mercantile Bank shows a mixed financial performance. The bank demonstrates strong growth and profitability, driven by solid revenue and net income increases. Liquidity is exceptionally high, indicating a robust ability to meet short-term obligations. However, solvency ratios reveal a high reliance on debt, which could pose risks if not managed carefully. Efficiency metrics present a mixed picture, with excellent fixed asset turnover offset by poor inventory and capital turnover. While coverage ratios are generally adequate, interest coverage is somewhat low. The bank's financial ratios reflect moderate earnings per share and book value, balanced by a reasonable dividend payout. Overall, the bank exhibits strong growth and profitability, but needs to address its debt levels and improve operational efficiency in specific areas to ensure long-term financial stability and success. The bank's high liquidity provides a cushion against unforeseen challenges, while its profitability supports dividend payouts.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
10.16
Industry Median
11.99
Small Cap Median
9.60
P/E RATIO
10.16
P/B RATIO
1.34
Industry Median
1.21
Small Cap Median
1.06
P/S RATIO
2.08
Industry Median
1.65
Small Cap Median
1.29
Others
PEG RATIO
0.00
EV/EBITDA RATIO
2.02
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹858.1 as on Aug 12, 2026.
Growth Score : 10.00The company demonstrates strong growth across multiple dimensions, including revenue, operating profit, EPS, assets, and net income. This indicates the company is expanding its business effectively. However, the company must sustain the growth momentum. Maintaining high growth rates can create long-term value for shareholders. Consistent growth can attract investors and improve market capitalization.
Revenue Growth RateExcellentOperating Profit Growth RateExcellentEarnings Per Share (EPS) GrowthExcellentAsset Growth RateExcellentNet Income Growth RateExcellent| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 6.23 | 6.44 | 18.79 | 9.14 | 9.98 |
| Operating Profit Growth Rate | 89.07 | 136.42 | 0.73 | -1.58 | 14.67 |
| Earnings Per Share (EPS) Growth | 36.21 | 12.71 | 4.15 | 10.31 | 13.11 |
| Asset Growth Rate | 11.22 | 9.54 | 6.37 | 7.96 | 13.32 |
| Net Income Growth Rate | 36.32 | 25.18 | 4.18 | 10.35 | 13.1 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Tamilnad Mercantile Bank Ltd | 7.20 | 10.16 | Neutral | N/A | 84.47 | 1338.00 |
| 2 | DCB Bank Ltd | 6.87 | 8.28 | Neutral | N/A | 22.71 | 732.00 |
| 3 | Karnataka Bank Ltd | 6.78 | 9.05 | Neutral | N/A | 34.67 | 1311.00 |
| 4 | CSB Bank Ltd | 6.43 | 8.75 | Neutral | N/A | 36.50 | 633.00 |
| 5 | South Indian Bank Ltd | 4.21 | 8.31 | Neutral | N/A | 5.56 | 1456.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Quarterly Report⬤27th Apr 26
Audited Financial Results for Q4 and Year Ended March 31, 2026
BULLISH SENTIMENT
Concall Report⬤28th Oct 25
Q2 FY 2025-26 Earnings Conference Call
BULLISH SENTIMENT
Tamilnad Mercantile Bank Ltd. (TMB) is an old private sector bank, headquartered in Thoothukudi, Tamil Nadu. It offers a comprehensive suite of banking and financial services, primarily catering to MSMEs, agricultural, and retail customers, with a strong focus on South India. Established in 1921, TMB has a deep regional presence.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Tamilnad Mercantile Bank Ltd's P/E ratio (TTM) is 10.16, compared to the industry median of 11.99 and large cap median of 9.60.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Tamilnad Mercantile Bank Ltd's P/B ratio is 1.34, compared to the industry median of 1.21 and large cap median of 1.06.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Tamilnad Mercantile Bank Ltd's P/S ratio is 2.08, compared to the industry median of 1.65 and large cap median of 1.29.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Tamilnad Mercantile Bank Ltd's PEG ratio is 0.33.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Tamilnad Mercantile Bank Ltd's EV/EBITDA ratio is 2.02.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Tamilnad Mercantile Bank Ltd's ROE is 13.23%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Tamilnad Mercantile Bank Ltd's ROA is 1.24%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Tamilnad Mercantile Bank Ltd's ROCE is 50.44%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Tamilnad Mercantile Bank Ltd's operating margin is 15.98%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Tamilnad Mercantile Bank Ltd's net margin is 22.99%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Tamilnad Mercantile Bank Ltd's current ratio is 21.35.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Tamilnad Mercantile Bank Ltd's debt-to-equity ratio is 6.14.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Tamilnad Mercantile Bank Ltd's interest coverage ratio is 1.55.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Tamilnad Mercantile Bank Ltd's DPS is ₹12.67.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Tamilnad Mercantile Bank Ltd's EPS is 13.11.
(Source line: "Ratios as of 12 Aug 2026, based on last traded price of ₹858.10. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded in 1921 by the Nadar community in Thoothukudi as Nadar Bank Ltd., it was established to serve the banking needs of the local mercantile community. The bank was renamed Tamilnad Mercantile Bank Ltd. in 1962. Over the decades, it expanded its operations across South India, developing a strong customer base particularly among MSMEs, traders, and agricultural segments. The bank navigated complex shareholding disputes for many years before successfully completing its Initial Public Offering (IPO) in September 2022, marking a significant milestone in its long history.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Retail Banking | 69% | 76% PBT contribution |
| Wholesale Banking | 26% | 24% PBT contribution |
| Treasury Operations | 5% | 1% PBT contribution |
Mr. S. Balasubramanian (MD & CEO - Interim): Appointed as interim MD & CEO following the resignation of the previous incumbent, overseeing the bank's operations and strategic direction. Dr. B. S. Dwarkanath (Non-Executive Chairman): Veteran in banking and finance, providing strategic oversight and governance to the Board.
No major subsidiaries reported.
Initial Public Offering (IPO) in September 2022. No major recent bonus or rights issues.
References
The Tamilnad Mercantile Bank Ltd share price today is ₹858.10 on NSE (TMB), as of 13 Aug 2026.
As of 12 Aug 2026, Tamilnad Mercantile Bank Ltd share price is ₹858.10, with previous close ₹N/A. Today's range is ₹N/A to ₹N/A. The 52-week range is ₹N/A to ₹N/A.
As of today, Tamilnad Mercantile Bank Ltd's market cap is ₹12,099.21 crore (Mid Cap).
Tamilnad Mercantile Bank Ltd's current P/E ratio is 10.16, compared to the BANKING AND FINANCE sector average of 23.
Tamilnad Mercantile Bank Ltd's current P/B ratio is 1.34.
Tamilnad Mercantile Bank Ltd's current dividend yield is 1.48%. Last dividend of ₹5.00 per share was declared on 25-Sep-2023.
Tamilnad Mercantile Bank Ltd's EPS (TTM) is ₹13.11.
Tamilnad Mercantile Bank Ltd. (TMB) is an old private sector bank, headquartered in Thoothukudi, Tamil Nadu. It offers a comprehensive suite of banking and financial services, primarily catering to MSMEs, agricultural, and retail customers, with a strong focus on South India. Established in 1921, TMB has a deep regional presence.
Tamilnad Mercantile Bank Ltd is promoted by N/A - Professionally managed, holding 0% as of 12 Aug 2026.
Tamilnad Mercantile Bank Ltd is listed on NSE (TMB) and BSE (543596). Its next quarterly results are expected on May 2024.
Dividend Per Share (DPS)