Tamilnad Mercantile Bank Ltd. (TMB) fundamentals
Tamilnad Mercantile Bank Ltd. is a listed company in Banks, part of the Financial Services sector, listed on the NSE as TMB (ISIN INE668A01016). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What Tamilnad Mercantile Bank Ltd. does
Tamilnad Mercantile Bank Limited (the Bank) is engaged in providing banking and financial services, including retail, corporate banking, and para-banking activities, as well as treasury and foreign exchange business. Its segments include Treasury segment, which comprises investments in central and state government securities, debt instruments of banks, financial institutions, insurance companies, public sector units, corporates, certificates of deposit, equity shares, and mutual funds. The Corporate and Wholesale Banking segment focuses on advances to trusts, partnership firms, companies, and statutory bodies. The Retail Banking segment provides fund lending and other banking services to any legal person including small business customers, on the basis of the borrower, nature of the product, granularity of the exposure and quantum thereof. The Other Banking Operations segment cover para-banking services activities like bancassurance, demat services, and other banking transactions.
Valuation and market data
| Last close | ₹910.90 |
|---|---|
| Market capitalisation | ₹14,424 crore |
| Enterprise value | ₹10,209 crore |
| P/E (TTM) | 10.78 |
| Price to book | 1.43 |
| Price to sales (TTM) | 2.07 |
| Book value per share | ₹638.49 |
| Dividend yield | 137.23% |
| Sector | Financial Services |
| Industry | Banks |
| Listed since | Thu Sep 15 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹6,696 crore | ₹1,807 crore | ₹1,338 crore | 84.47 |
| Mar 2025 | ₹6,142 crore | ₹1,575 crore | ₹1,183 crore | 74.68 |
| Mar 2024 | ₹5,493 crore | ₹1,394 crore | ₹1,072 crore | 67.70 |
| Mar 2023 | ₹4,710 crore | ₹1,394 crore | ₹1,029 crore | 68.06 |
Figures are as reported (standalone), in ₹ crore.
Shareholding pattern
As of Jun 2026:
| Promoters | 0.0% |
|---|---|
| Foreign institutions (FII) | 6.7% |
| Mutual funds | 0.6% |
| Other domestic institutions | 1.4% |
| Retail and others | 91.3% |
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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.