Tamilnad Mercantile Bank Limited Stock Price Today (NSE: TMB)
Fundamental Score
Tamilnad Mercantile Bank Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Tamilnad Mercantile Bank Limited share price today is ₹739.75, up +1.58% on NSE/BSE as of 18 June 2026. Tamilnad Mercantile Bank Limited (TMB) is a Mid-cap company in the Private Sector Bank sector with a market capitalisation of ₹8.48K (Cr). The 52-week high for TMB share price is ₹770.00 and the 52-week low is ₹411.80. At a P/E ratio of 6.98x, TMB is currently trading below its industry average P/E of 15.23x. The company has a Return on Equity (ROE) of 13.97% and a debt-to-equity ratio of 6.00.
Tamilnad Mercantile Bank Limited Share Price Chart — NSE/BSE Historical Performance
Tamilnad Mercantile Bank Limited share price chart: -2.62% return over the past month. 52-week high ₹770.00, 52-week low ₹411.80.
Tamilnad Mercantile Bank Limited — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹724.00 | ₹744.00 | ₹710.05 | ₹739.75 | 3.26L (Cr) | |
| ₹692.00 | ₹747.75 | ₹686.35 | ₹728.25 | 27.97L (Cr) | |
| ₹679.05 | ₹700.00 | ₹678.00 | ₹692.55 | 3.35L (Cr) | |
| ₹679.05 | ₹679.05 | ₹679.05 | ₹679.05 | 0.00 (Cr) | |
| ₹691.00 | ₹693.85 | ₹676.10 | ₹679.05 | 1.24L (Cr) | |
| ₹684.25 | ₹701.60 | ₹680.00 | ₹683.05 | 1.29L (Cr) | |
| ₹685.55 | ₹692.20 | ₹681.40 | ₹684.25 | 79.65K (Cr) | |
| ₹688.00 | ₹694.60 | ₹676.50 | ₹682.75 | 1.18L (Cr) | |
| ₹694.00 | ₹710.00 | ₹683.00 | ₹691.60 | 2.69L (Cr) | |
| ₹674.00 | ₹697.85 | ₹665.35 | ₹692.75 | 1.42L (Cr) |
Tamilnad Mercantile Bank Limited — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹692.00 | ₹747.75 | ₹686.35 | ₹739.75 | +6.90% | |
| ₹739.65 | ₹770.00 | ₹653.20 | ₹692.55 | -6.37% | |
| ₹609.00 | ₹768.40 | ₹597.65 | ₹739.65 | +21.45% | |
| ₹642.00 | ₹679.15 | ₹570.05 | ₹579.40 | -9.75% | |
| ₹591.65 | ₹721.00 | ₹584.80 | ₹669.05 | +13.08% | |
| ₹513.80 | ₹621.90 | ₹508.05 | ₹609.25 | +18.58% | |
| ₹520.30 | ₹557.00 | ₹491.50 | ₹513.80 | -1.25% | |
| ₹498.50 | ₹527.00 | ₹468.00 | ₹507.35 | +1.78% | |
| ₹422.40 | ₹503.00 | ₹420.00 | ₹499.30 | +18.21% | |
| ₹425.00 | ₹440.00 | ₹411.80 | ₹421.95 | -0.72% | |
| ₹445.00 | ₹449.60 | ₹421.90 | ₹423.40 | -4.85% | |
| ₹446.70 | ₹463.90 | ₹440.00 | ₹455.60 | +1.99% |
AI Research Briefing
Powered by Gemini · 2026-04-13
High-growth regional bank turnaround story, but watch for asset quality and liquidity risks.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Tamilnad Mercantile Bank (TMB) will hold a board meeting on April 27, 2026, to consider Q4FY26 and FY26 audited financial results and potentially recommend a dividend. An earnings conference call is scheduled for the same day. TMB released provisional business figures for the quarter and year ended March 31, 2026, with total business up 17.37% year-on-year to Advances increased 20.32% to , and deposits grew 14.94% to CASA deposits saw a significant 22.35% year-on-year rise, reaching
CORE STORY (THE REAL GAME)
TMB is being priced as a high-growth regional bank turnaround story, leveraging its South India focus and SME lending expertise. The market is watching if it can sustain this growth while maintaining asset quality.
- Strong provisional business growth of 17.37% YoY
- Advances jumped 20.32% YoY
- Upcoming Q4FY26 and FY26 results on April 27
- Strong Q4 results beating expectations
- Positive dividend announcement
- Improvement in asset quality metrics
- Small cap - liquidity risk
- Low promoter holding at 0.0%
- Interest coverage ratio is low at 1.52x
FII increased marginally by 0.07%, DII increased marginally by 0.01%.
RBI projects India’s real GDP growth at 6.9%, a tailwind for loan growth.
Free Cash Flow 5Y: ₹241.11 Cr - Profit converting to cash, but needs monitoring.
Monitor Q4 results for sustained growth and asset quality. Key is whether TMB can maintain its high growth trajectory.
Primary Thesis Risk
Sharp slowdown in growth or deterioration in asset quality will destroy the turnaround narrative.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Tamilnad Mercantile Bank Limited Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Tamilnad Mercantile Bank Limited Fundamental Analysis & Valuation Benchmarking
Educational evaluation of TMB across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Strong Operating Margins (68.07%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Attractive Valuation (P/E: 6.98 vs Industry: 15.23)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Excellent EPS Growth (21.15% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (23.73% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Strong Cash Generation (₹241.11 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
5 factors identified
Suboptimal ROCE (7.49%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Elevated Debt Levels (D/E: 6.00)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Weak Interest Coverage (1.52x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Low Promoter Commitment (0.00%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
Limited Institutional Interest (FII+DII: 7.06%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Tamilnad Mercantile Bank Limited vs Private Sector Bank Peers
Peer Comparison - Private Sector Bank
Compare Tamilnad Mercantile Bank Limited with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
39.4/100 | ₹739.75₹740 | ₹8476.64₹8476.64 | 6.98Average 7.0 Average | 13.97%Average 13.97% Average | 7.49%Poor 7.49% Poor | 6.00Poor 6.0 Poor | 23.73%Excellent 23.73% Excellent | 8.83%Good 8.83% Good | 2.06% | |
HDFC Bank LimitedHDFC Bank Limit... HDFCBANK • 500180 | 41.3/100 | ₹758.65₹759 | ₹1.54M₹1.54M | 21.32Average 21.3 Average | 14.45%Average 14.45% Average | 7.51%Poor 7.51% Poor | 6.30Poor 6.3 Poor | 21.01%Excellent 21.01% Excellent | 22.45%Excellent 22.45% Excellent | 1.10% |
ICICI Bank LtdICICI Bank Ltd... ICICIBANK • 532174 | 42.1/100 | ₹1272.70₹1273 | ₹993798.33₹993798.33 | 18.65Average 18.6 Average | 17.89%Good 17.89% Good | 7.87%Poor 7.87% Poor | 5.58Poor 5.6 Poor | 39.75%Excellent 39.75% Excellent | 17.04%Excellent 17.04% Excellent | 0.79% |
Kotak Mahindra Bank LtdKotak Mahindra ... KOTAKBANK • 500247 | 34.7/100 | ₹388.70₹389 | ₹427185.03₹427185.03 | 23.00Average 23.0 Average | 15.37%Good 15.37% Good | 8.17%Poor 8.17% Poor | 3.62Poor 3.6 Poor | 20.85%Excellent 20.85% Excellent | 14.43%Good 14.43% Good | 0.12% |
Axis Bank LtdAxis Bank Ltd... AXISBANK • 532215 | 39.7/100 | ₹1304.10₹1304 | ₹395786.98₹395786.98 | 15.23Average 15.2 Average | 16.30%Good 16.30% Good | 7.11%Poor 7.11% Poor | 7.28Poor 7.3 Poor | 72.17%Excellent 72.17% Excellent | 14.86%Good 14.86% Good | 0.08% |
IDBI Bank LtdIDBI Bank Ltd... IDBI • 500116 | 53.8/100 | ₹73.49₹73 | ₹107749.67₹107749.67 | 11.61Average 11.6 Average | 13.55%Average 13.55% Average | 6.78%Poor 6.78% Poor | 4.81Poor 4.8 Poor | 21.01%Excellent 21.01% Excellent | 6.76%Good 6.76% Good | 2.10% |
Yes Bank LtdYes Bank Ltd... YESBANK • 532648 | 27.4/100 | ₹21.97₹22 | ₹70440.12₹70440.12 | 24.83Average 24.8 Average | 5.46%Poor 5.46% Poor | 6.36%Poor 6.36% Poor | 7.29Poor 7.3 Poor | 16.54%Excellent 16.54% Excellent | 3.48%Average 3.48% Average | 0.00% |
IDFC First Bank LtdIDFC First Bank... IDFCFIRSTB • 539437 | 41.9/100 | ₹71.48₹71 | ₹69354.84₹69354.84 | 48.26Average 48.3 Average | 4.21%Poor 4.21% Poor | 6.22%Poor 6.22% Poor | 6.85Poor 6.8 Poor | 20.32%Excellent 20.32% Excellent | 17.58%Excellent 17.58% Excellent | 0.31% |
IndusInd Bank LtdIndusInd Bank L... INDUSINDBK • 532187 | 0/100 | ₹932.30₹932 | ₹66018.65₹66018.65 | — — | 4.02%Poor 4.02% Poor | 6.47%Poor 6.47% Poor | 6.70Poor 6.7 Poor | -10.42%Poor -10.42% Poor | 11.08%Good 11.08% Good | 0.00% |
Federal Bank LtdFederal Bank Lt... FEDERALBNK • 500469 | 33.9/100 | ₹288.90₹289 | ₹63130.74₹63130.74 | 16.00Average 16.0 Average | 12.86%Average 12.86% Average | 7.03%Poor 7.03% Poor | 8.71Poor 8.7 Poor | 21.40%Excellent 21.40% Excellent | 15.64%Excellent 15.64% Excellent | 0.47% |
Karur Vysya Bank LtdKarur Vysya Ban... KARURVYSYA • 590003 | 51/100 | ₹294.05₹294 | ₹24527.27₹24527.27 | 11.65Average 11.7 Average | 17.65%Good 17.65% Good | 7.38%Poor 7.38% Poor | 8.83Poor 8.8 Poor | 51.50%Excellent 51.50% Excellent | 10.07%Good 10.07% Good | 0.85% |
Top Private Sector Bank Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- HDFC Bank Limited share price1542399.85 Cr
- ICICI Bank Ltd share price993798.33 Cr
- Kotak Mahindra Bank Ltd share price427185.03 Cr
- Axis Bank Ltd share price395786.98 Cr
- IDBI Bank Ltd share price107749.67 Cr
Tamilnad Mercantile Bank Limited PE Ratio History
Historical price-to-earnings ratio for TMB — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹74.68 | ₹513.80 | 6.9x |
| FY 2024 | ₹67.70 | ₹451.90 | 6.7x |
| FY 2023 | ₹68.06 | ₹504.45 | 7.4x |
| FY 2022 | ₹57.67 | ₹478.60 | 8.3x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Tamilnad Mercantile Bank Limited Dividend History
Annual cash dividends paid by TMB — dividend yield 2.06%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹158.35 Cr |
| FY 2024 | ₹79.18 Cr |
| FY 2023 | ₹221.69 Cr |
| FY 2022 | ₹71.26 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Tamilnad Mercantile Bank Limited Quarterly Performance
Latest quarterly metrics for TMB — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
5.68%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
4.73%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
8.83%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
23.73%
Compounded annual net profit growth over 5 years
Tamilnad Mercantile Bank Limited Technical Indicators
SMA 50, SMA 200, RSI and volume signals for TMB — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Tamilnad Mercantile Bank Limited Financial Statements
Annual income statement, balance sheet and cash flow for Tamilnad Mercantile Bank Limited (TMB) — sourced from NSE/BSE filings.
Loading Financial Statements...
Fetching financial data for Tamilnad Mercantile Bank Limited
About TMB (Tamilnad Mercantile Bank Limited)
Tamilnad Mercantile Bank Limited is a venerable institution deeply rooted in the socio-economic fabric of southern India. Emerging from a legacy of community-focused banking, TMB s...tands as a testament to the power of localized financial solutions. Its history is intertwined with the rise of entrepreneurship and trade in the region, initially serving the needs of merchants and small businesses. Today, the bank embraces modernity while retaining its core values of trust, integrity, and customer-centricity. TMB navigates the complex financial landscape of India, offering a comprehensive suite of banking products and services tailored to the diverse needs of individuals, families, and businesses. The bank is an employer of several people. TMB uses innovation and technology to improve services for clients and staff. TMB's operations are multifaceted, reflecting its commitment to serving a broad spectrum of customers. The bank's activities encompass retail banking, providing accessible financial services to individuals and households; corporate banking, supporting the growth and expansion of businesses; and treasury operations, managing assets and mitigating financial risks. TMB empowers local communities by promoting savings and entrepreneurship, delivering financial inclusion to rural populations. Its branches, strategically located across the country, act as conduits for economic growth, fostering sustainable development and prosperity. This localized approach allows the bank to deeply understand and effectively address the financial requirements of its diverse clientele. The financial offerings of TMB helps the economy to grow. TMB's strength lies not just in its financial performance but also in its commitment to ethical banking practices. The bank prioritizes transparency and accountability in all its dealings, earning the trust and loyalty of its customers. TMB continually adapts to the changing needs of the financial market, using modern technology to improve the banking experience. This is done by providing services like online banking, mobile banking, and digital payment solutions. As a responsible corporate citizen, TMB actively participates in various social initiatives, contributing to the well-being of the communities it serves. TMB is a pillar of stability and progress, committed to delivering financial security and supporting the aspirations of individuals and businesses.
Company Details
Key Leadership
Corporate Events
TMB Share Price: Frequently Asked Questions
What is the current share price of Tamilnad Mercantile Bank Limited?
Tamilnad Mercantile Bank Limited (TMB) trades at ₹739.75 on NSE and BSE. Market cap ₹8.48K (Cr). Educational data only.
What is the P/E ratio of Tamilnad Mercantile Bank Limited?
Tamilnad Mercantile Bank Limited has a P/E of 6.98x vs industry average 15.23x.
What is the Bull Run score for Tamilnad Mercantile Bank Limited?
Tamilnad Mercantile Bank Limited has a Bull Run score of 39.4/100 based on 25+ financial parameters.
Does Tamilnad Mercantile Bank Limited pay dividends?
Tamilnad Mercantile Bank Limited has a dividend yield of 2.06%. Past dividends don't guarantee future payments.
What is the ROE of Tamilnad Mercantile Bank Limited?
Tamilnad Mercantile Bank Limited has ROE of 13.97%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Tamilnad Mercantile Bank Limited?
Tamilnad Mercantile Bank Limited has debt-to-equity of 6.00.
Is Tamilnad Mercantile Bank Limited a good investment?
Bull Run gives Tamilnad Mercantile Bank Limited a score of 39.4/100. This is not investment advice — consult a SEBI-registered advisor.