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Tamilnad Mercantile Bank Ltd.

870.9
₹13,678 Cr market cap
P/E
9.47
EPS
₹91.2
Book value
₹667
ROE
13.67%
ROCE
6.7%
Debt / equity
0

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

01674334850226696Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹6,696 Cr with net profit ₹1,338 Cr — a 19.97% net margin, versus 19.26% the period before.

Shareholding

As of 2026-06-30

0%
promoter holding
  • Public91.32%
  • FII6.73%
  • DII1.95%

1,17,147 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

Not enough history.

52-week position

Where the current price sits in its yearly band

412871917

The band spans 2.23× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Banks - Private Sector · ranked #7 of 15 by market cap · medians across 10 industry peers

P/E
9.47vs 51.03 peer med
P/B
1.29vs 1.26 peer med
ROE %
13.67vs 9.57 peer med
Margin %
23.69vs 10.35 peer med
CompanyMkt capP/EP/BROEMargin
HDFC Bank Ltd.₹11,52,745 Cr56.631.9813.52%21.81%
IDBI Bank Limited₹91,342 Cr45.431.3313.43%0.32%
Federal Bank Ltd.₹88,600 Cr66.022.311.2%14.64%
Indusind Bank Ltd.₹78,315 Cr131.741.191.35%1.92%
Yes Bank Limited₹71,595 Cr19.011.377.2%12.31%
RBL Bank Limited₹22,609 Cr92.171.365.26%6.13%
Tamilnad Mercantile Bank Ltd.(this company)₹13,791 Cr9.551.3113.67%23.69%
South Indian Bank Ltd.₹12,172 Cr29.811.0712.75%14.78%
Karnataka Bank Ltd.₹10,571 Cr25.880.89.91%14.7%
Utkarsh Small Fin Bank Limited₹2,543 Cr100.090.92-41.47%-34.06%

AI analysis

AI-generated · google/gemini-2.5-flash

Tamilnad Mercantile Bank Limited, incorporated in 1921, provides banking and financial products and services in India. The company operates through segments including Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. Its offerings include various types of accounts, cards, loans, and other financial services. The market capitalization is Rs 12802 Cr.

Positives

  • +The debt-to-equity ratio is 0, indicating no debt.
  • +The profit margin is 22.98%, showing efficiency in converting revenue to profit.
  • +The institutional shareholding (DII + FII) increased from 6.6374% in March 2024 to 8.0966% in March 2026.
  • +Revenue has consistently increased annually, from Rs 4646.1183 Cr in Mar 2022 to Rs 6696.4901 Cr in Mar 2026.

Negatives

  • Promoter holding is 0%, which may indicate a lack of direct oversight from founders.
  • The public shareholding is high at 91.9034% as of March 31, 2026, which could lead to liquidity issues or price volatility.
  • No quarterly revenue figures were disclosed for December 2024, March 2025, June 2025, September 2025, December 2025, and March 2026.

Business Overview

Tamilnad Mercantile Bank Limited offers a range of banking and financial products and services in India. These include savings, fixed, recurring, term deposit, and current accounts, as well as debit and credit cards. The bank also provides various loan products such as home, car, personal, and agricultural loans. Additionally, it offers demat and equity trading accounts, mutual funds, insurance, portfolio management, and online banking services.

Financial Performance

The company's annual revenue increased from Rs 4646.1183 Cr in March 2022 to Rs 6696.4901 Cr in March 2026. Net profit also rose from Rs 821.9087 Cr in March 2022 to Rs 1337.5476 Cr in March 2026. The earnings per share (EPS) grew from Rs 57.67 in March 2022 to Rs 84.47 in March 2026.

Profitability & Returns

Tamilnad Mercantile Bank Ltd. reported a profit margin of 22.98%. The Return on Equity (ROE) stands at 13.23% and the Return on Capital Employed (ROCE) is 6.77%. The company's EPS is Rs 84.45.

Ownership & Pledges

As of March 31, 2026, public shareholding was 91.9034%, DII holding was 1.9065%, and FII holding was 6.1901%. The promoter holding is 0% and there are no pledged shares. The number of shareholders as of March 31, 2026, was 117065. Over time, promoter holding has consistently been 0%.

Data as of — price: 2026-07-29 · financials: Mar 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

Back to Tamilnad Mercantile Bank Ltd.share price & fundamentals

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