Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Ltd (TMB) is scheduled to report results on 26 Oct 2026. Tamilnad Mercantile Bank Ltd last reported results for the quarter ended Jun 2026, with sales of ₹1,662 crore and net profit of ₹412 crore. The stock last traded at ₹879, a market capitalisation of ₹13,923 crore, on a P/E of 9.63. Over the past 52 weeks the stock has ranged between ₹420 and ₹955. Figures are as of 6 Oct 2026 and are not real time.
Tamilnad Mercantile Bank Ltd share price and key metrics
- Current price
- ₹879
- Market cap
- ₹13,923 cr
- Stock P/E
- 9.63
- Book value
- ₹667
- ROE
- 14.0%
- ROCE
- 7.51%
- Dividend yield
- 1.42%
- 52w high / low
- 955/420
Metrics as of 6 Oct 2026. Not real time.
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Tamilnad Mercantile Bank Ltd growth and returns
- 10 Years
- %
- 5 Years
- 10%
- 3 Years
- 13%
- TTM
- 13%
- 10 Years
- %
- 5 Years
- 17%
- 3 Years
- 9%
- TTM
- 20%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- 17%
- 1 Year
- 107%
- 10 Years
- %
- 5 Years
- 15%
- 3 Years
- 14%
- Last Year
- 14%
Tamilnad Mercantile Bank Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹1,662 cr, up 19.9% from ₹1,386 cr a year earlier. Net profit was ₹412 cr, up 35.1% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,337 | 1,331 | 1,342 | 1,386 | 1,413 | 1,469 | 1,550 | 1,662 |
| Expenses | 423 | 355 | 382 | 407 | 373 | 375 | 443 | 446 |
| Operating profit | 173 | 216 | 186 | 173 | 224 | 271 | 262 | 319 |
| OPM % | 13% | 16% | 14% | 12% | 16% | 18% | 17% | 19% |
| Other income | 227 | 189 | 200 | 231 | 208 | 196 | 242 | 238 |
| Interest | 741 | 761 | 774 | 807 | 816 | 823 | 846 | 897 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 400 | 404 | 387 | 404 | 432 | 467 | 504 | 557 |
| Tax % | 24% | 26% | 25% | 25% | 27% | 27% | 26% | 26% |
| Net profit | 303 | 300 | 292 | 305 | 318 | 342 | 374 | 412 |
| EPS (₹) | 19.15 | 18.96 | 18.43 | 19.25 | 20.05 | 21.57 | 23.60 | 25.99 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Tamilnad Mercantile Bank Ltd annual results
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,250 | 3,224 | 3,466 | 3,609 | 3,834 | 4,081 | 4,848 | 5,291 | 5,819 | 6,096 |
| Operating profit | -157 | -120 | 89 | 183 | 346 | 818 | 824 | 811 | 1,022 | 1,076 |
| OPM % | -5% | -4% | 3% | 5% | 9% | 20% | 17% | 15% | 18% | 18% |
| Net profit | 222 | 259 | 408 | 603 | 822 | 1,029 | 1,072 | 1,183 | 1,338 | 1,444 |
| EPS (₹) | 15.57 | 18.14 | 28.61 | 42.34 | 57.67 | 65.00 | 67.70 | 74.68 | 84.47 | 91.21 |
TTM is the trailing twelve months to the most recent quarter.
Tamilnad Mercantile Bank Ltd balance sheet
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 143 | 143 | 143 | 143 | 143 | 158 | 158 | 158 | 158 |
| Reserves | 3,262 | 3,476 | 3,837 | 4,437 | 5,193 | 6,770 | 7,763 | 8,850 | 9,952 |
| Borrowings | 513 | 0 | 324 | 0 | 0 | 525 | 1,301 | 500 | 700 |
| Deposits | 32,428 | 35,136 | 36,825 | 40,970 | 44,933 | 47,766 | 49,515 | 53,689 | 61,712 |
| Other liabilities | 1,522 | 1,719 | 1,604 | 1,948 | 2,559 | 2,646 | 2,815 | 3,252 | 2,777 |
| Total liabilities | 37,868 | 40,473 | 42,733 | 47,499 | 52,828 | 57,866 | 61,552 | 66,450 | 75,300 |
| Fixed assets | 140 | 138 | 128 | 137 | 211 | 246 | 271 | 284 | 311 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 10,364 | 9,107 | 9,467 | 11,703 | 13,242 | 14,156 | 15,263 | 15,101 | 15,693 |
| Other assets | 27,364 | 31,228 | 33,137 | 35,658 | 39,374 | 43,464 | 46,019 | 51,065 | 59,296 |
| Total assets | 37,868 | 40,473 | 42,733 | 47,499 | 52,828 | 57,866 | 61,552 | 66,450 | 75,300 |
As reported by the company. Total assets equal total liabilities by construction.
Tamilnad Mercantile Bank Ltd cash flow
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | -389 | 0 | 567 | -670 | 1,325 | -1,270 | -611 | 1,899 | -101 |
| Cash from investing | -26 | 0 | -20 | -37 | -107 | -89 | -100 | -99 | -118 |
| Cash from financing | 472 | 0 | 269 | -324 | -71 | 1,088 | 697 | -960 | 26 |
| Net cash flow | 58 | 0 | 816 | -1,031 | 1,147 | -270 | -14 | 840 | -193 |
| Free cash flow | -414 | 0 | 547 | -707 | 1,218 | -1,358 | -711 | 1,800 | -219 |
| CFO / operating profit | -21% | 0% | 25% | -30% | 56% | -32% | -8% | 60% | 8% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Tamilnad Mercantile Bank Ltd operating ratios
| Per year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| ROE % | 7% | 7% | 11% | 14% | 17% | 17% | 14% | 14% | 14% |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Tamilnad Mercantile Bank Ltd shareholding pattern
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| FIIs | 4.08% | 4.12% | 4.22% | 4.58% | 4.65% | 4.95% | 6.19% | 6.73% |
| DIIs | 2.22% | 2.67% | 2.66% | 2.40% | 2.41% | 2.47% | 1.91% | 1.96% |
| Public | 93.69% | 93.22% | 93.12% | 93.03% | 92.94% | 92.58% | 91.91% | 91.32% |
| No. of shareholders | 1,20,897 | 1,23,233 | 1,27,154 | 1,25,220 | 1,24,440 | 1,19,203 | 1,17,065 | 1,17,147 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
When is Tamilnad Mercantile Bank Ltd’s next results date?
Tamilnad Mercantile Bank Ltd’s next results are scheduled for 26 Oct 2026.
- Board meetingConsideration and approval of unaudited financial results for Q2 FY 2026-27
- Earnings resultsQuarterly and half-year financial results announcement
See the full results calendar for every Indian company reporting in the next 30 days.
Tamilnad Mercantile Bank Ltd corporate filings
- Tamilnad Mercantile Bank opens a new branch, operational updateCompany Updatelow impact
Cruxal's analysis: Tamilnad Mercantile Bank Limited announced the opening of a new branch on October 9…
Read the full analysis - Tamilnad Mercantile Bank schedules analyst/investor meet on October 9, 2026Company Updatelow impact
Cruxal's analysis: The bank has announced a scheduled meet with analysts and investors on October 9, 2026…
Read the full analysis - Tamilnad Mercantile Bank Limited (TMB) announces board meeting to consider Q2 FY2027 results on October 26, 2026Board Meetinglow impact
Cruxal's analysis: Tamilnad Mercantile Bank Limited (TMB) has scheduled a board meeting on October 26, 2026…
Read the full analysis - Tamilnad Mercantile Bank revises Repo Linked Lending Rate (RLLR)Company Updatelow impact
Cruxal's analysis: Tamilnad Mercantile Bank announced a revision in its Repo Linked Lending Rate (RLLR) on…
Read the full analysis - Tamilnad Mercantile Bank Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018Company Updatelow impact
- India Ratings assigns Tamilnad Mercantile Bank ‘IND AA-’ with Stable Outlook, reflecting improved financial resilience and asset qualityCompany Updatehigh impact
Cruxal's analysis: Tamilnad Mercantile Bank (TMB) has received an ‘IND AA-’ rating with a Stable outlook…
Read the full analysis - RBI extends tenure of two retired RBI General Managers as Additional Directors of Tamilnad Mercantile Bank for two years, from October 2026 to October 2028Company Updatemedium impact
Cruxal's analysis: Tamilnad Mercantile Bank (TMB) has received regulatory approval from RBI to extend the…
Read the full analysis - Tamilnad Mercantile Bank reports provisional business figures as of September 30, 2026Company Updatelow impact
Cruxal's analysis: The bank has disclosed provisional business data for September 2026, with no detailed…
Read the full analysis - Tamilnad Mercantile Bank Limited has informed the Exchange regarding "Opening of New Branches"Company Updatelow impact
- Tamilnad Mercantile Bank Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015Insider Trading / SASTlow impact
- Tamilnad Mercantile Bank schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Tamilnad Mercantile Bank Limited has issued a formal intimation regarding a scheduled…
Read the full analysis - Tamilnad Mercantile Bank schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Tamilnad Mercantile Bank Limited has issued a formal intimation regarding a scheduled…
Read the full analysis - Tamilnad Mercantile Bank schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Tamilnad Mercantile Bank Limited has formally notified the exchange regarding a scheduled…
Read the full analysis - Tamilnad Mercantile Bank announces special window for re-lodgement of physical share transfer requestsCompany Updatelow impact
Cruxal's analysis: Tamilnad Mercantile Bank has published a newspaper notice regarding the opening of a…
Read the full analysis - Tamilnad Mercantile Bank Limited announces the opening of a new branchCompany Updatelow impact
Cruxal's analysis: Tamilnad Mercantile Bank has formally notified the exchange regarding the opening of a…
Read the full analysis - Tamilnad Mercantile Bank schedules analyst/investor meetingCompany Updatelow impact
Cruxal's analysis: Tamilnad Mercantile Bank Limited has issued a formal intimation regarding a scheduled…
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