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  • Overview
  • Key Ratios
  • Financials
  • Shareholding
  • Company Info
  • Peer Comparison

Tamilnad Mercantile Bank Ltd Banks - Private Sector

  • Indian Private
  • BSE Code : 12426.0
  • ISIN : INE668A01016
857.30 2 (0.28%)
  • As on 18 Oct 2026 (EOD)
  • Today’s Low

    849.40
  • Today’s High

    866.25
  • Open

    860.00
  • Perv Close

    854.90
  • 52W Low

    424.00
  • 52W High

    954.20

Key Indicators

  • P/E(TTM)

    9.39

  • Mar.Cap (₹Cr.)

    13,575.47

  • Div & Yield %

    1.46

  • Book Value(₹)

    667.00

  • Debt-Equity Ratio

    0.28

  • AGM Date

    16-Oct-2026

  • EPS

    91.20

  • P/E Ratio

    9.39

Financials Ratios

  • Debt-Equity Ratio

    -

  • Mar.Cap (₹Cr.)

    13,575.47

  • 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)

    13,565.18

  • 52 Week High

    954.20

  • 52 Week Low

    424.00

  • Price BSE

    857.0

  • Price NSE

    857.00

  • Market Capital( in Cr.)

    13,565.18

  • P/C Ratio

    9.50

  • P/E Ratio

    10.10

  • Price Vs.BV

    84.40

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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 10,860,854 6.86 10,860,854 159
Foreign Venture Capital Investors 0 0.00 0 0
Foreign Institution Other 0 0.00 0 0
Insurance Companies 1,033,006 0.65 1,033,006 4
Mutual Funds / UTI 1,050,116 0.66 1,050,116 8
Individuals (Non-Resident / Foreign) 0 0.00 0 0
NSDL Intransit 0 0.00 0 0
Others 1,200,020 0.76 1,200,020 6
Trusts 0 0.00 0 0
Venture Capital Funds 0 0.00 0 0
Sub total 14,143,996 8.93 14,143,996 177
2] Non Institution
Bodies Corporate 5,591,639 3.53 5,192,830 283
Clearing Members 8,638 0.01 8,638 10
Directors of their Relatives 3,376,647 2.13 3,376,647 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 2,743,193 1.73 2,709,125 2,398
Foreign Non Institution Other 0 0.00 0 0
Hindu Undivided Families 1,569,360 0.99 1,566,356 1,073
Indian Public 0 0.00 0 0
Individuals holding nominal share capital in excess of Rs. 1 lakh 63,504,436 40.10 38,318,039 324
Individuals holding nominal share capital up to Rs. 1 lakh 25,937,928 16.38 19,837,110 115,510
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 156,581 0.10 65,399 7
Others 2,557,019 1.61 2,554,514 6
Sub Total 144,207,458 91.07 76,771,833 119,803
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 90,915,829 119,980

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 856.65 6,696.49 5,819.41 9.39 0.00
ICICI Bank 1,396.80 200,703.68 169,946.09 19.22 0.00
SBI 961.70 556,240.68 482,797.17 10.83 0.00
HDFC Bank 728.10 370,054.63 307,522.07 14.85 0.00
Kotak Mah. Bank 446.00 67,187.26 55,563.98 29.87 0.00
Karur Vysya Bank 355.30 13,158.67 11,074.35 11.61 0.00
Federal Bank 337.00 32,135.76 27,695.38 17.13 0.00
Bank of Baroda 230.00 142,750.49 126,993.66 7.10 0.00
Canara Bank 118.60 153,204.21 126,366.17 5.46 0.00
IDBI Bank 84.11 35,743.53 28,997.26 9.40 0.00
UCO Bank 23.75 29,740.99 26,281.36 9.98 0.00