Tamilnad Mercantile Bank financials

·Banking & FinanceChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Total income
₹2,052cr+26.6% on Q2 FY26
Net interest income
₹807cr+35.2% on Q2 FY26
Net profit
₹451cr+42.1% on Q2 FY26
EPS
₹28.49+42.1% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Total income2,0521,621+26.6%
Net interest income807597+35.2%
Operating profit642452+41.8%
Net profit451318+42.1%
EPS₹28.49₹20.05+42.1%

Over time

Q2 FY27 · Jul–Sep 2026latest
Total income₹2,052 crNet profit₹451 crNet interest margin3.8%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
12,771————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
6,5025,8195,2914,8484,081
—+10.0%+9.1%+18.8%—
2,9232,5272,3012,151—
—+9.8%+7.0%——
3.6%3.6%3.6%3.5%—
2,2431,8551,7461,482—
1,5781,3381,1831,072—
—+13.1%+10.3%——
₹99.64₹84.47₹74.68₹67.70—
—+13.1%+10.3%——
14.0%14.0%14.0%13.5%—
Balance sheet & asset quality
69,54661,71253,68949,515—
60,42953,12343,98439,734—
—0.7%1.3%1.4%—
—0.2%0.4%0.9%—
Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

TMB₹806.50

Tamilnad Mercantile Bank Ltd.

· Banking & Finance
₹ CrorePeersCUBKARURVYSYASOUTHBANKTSFINVUJJIVANSFBSTYLSHAREINDIARELIGAREMcap ₹12,771 Cr
HighlightsMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————12,770.9
Interest Earned4,081.04,847.95,291.35,819.46,502.4
Growth %, YoY—+18.8+9.1+10.0—
Net Interest Income—2,150.92,300.92,527.32,922.8
Growth %, YoY——+7.0+9.8—
NIM %, on assets—3.493.603.573.57
Operating Profit (PPOP)—1,481.81,745.71,855.22,243.2
Net Income—1,072.01,182.61,337.61,577.8
Growth %, YoY——+10.3+13.1—
EPS, Adj (current shares)—67.7074.6884.4799.64
Growth %, YoY——+10.3+13.1—
ROE %—13.5313.9713.9913.99
Balance Sheet & Asset Quality
Deposits—49,515.153,689.061,712.469,545.8
Advances—39,733.843,983.753,122.760,429.0
Gross NPA %—1.441.250.73—
Net NPA %—0.850.360.18—
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). NPA/CAR sourced from bank-level (standalone) filings. No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Tamilnad Mercantile Bank financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Tamilnad Mercantile Bank (NSE: TMB) had a market capitalisation of ₹12,689 crore at the 30 October 2026 close (₹801.35 a share), a PE ratio of 8.0 on the last four quarters' profit and a price-to-book ratio of 1.18. In FY26 its standalone net profit was ₹1,338 crore on net interest income of ₹2,527 crore; in Q2 FY27 (July–September 2026) it was ₹451 crore, up 42.1% year on year. Gross NPAs were 0.61% of advances on 30 September 2026.

Share price used
₹801.35 · 30 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Tamilnad Mercantile Bank at a glance · consolidated

Market cap
₹12,689 Crat ₹801.35 · 30 Oct close
PE ratio (last 4 quarters)
8.09.5 on FY26 profit
Price to book (PB)
1.18book value ₹680.10 a share
ROE (FY26)
14.0%unchanged vs FY25
Gross NPA
0.61%1.01% in Q2 FY26net NPA 0.14% · Q2 FY27
FII holding
6.86%+0.1 pts vs 30 Jun 2026no promoter group
Dividend yield
1.56%₹12.50 a share in 12 months
Net worth
₹10,769 Cr+14.0% vs 30 Sep 202530 September 2026
CET1 ratio
31.36%30 September 2026

Questions

What is the Tamilnad Mercantile Bank PE ratio today?

Tamilnad Mercantile Bank's PE ratio is 8.0 at the 30 October 2026 close (₹801.35 a share): a market capitalisation of ₹12,689 crore divided by consolidated net profit of ₹1,578 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹1,338 crore) it is 9.5.

What is the Tamilnad Mercantile Bank PB ratio (price to book value)?

Tamilnad Mercantile Bank's price-to-book (PB) ratio is 1.18 at the 30 October 2026 close: a market capitalisation of ₹12,689 crore divided by shareholders' equity (book value) of ₹10,769 crore on 30 September 2026. That is a book value of ₹680.10 per share against a share price of ₹801.35.

What is the Tamilnad Mercantile Bank net worth?

Tamilnad Mercantile Bank's net worth — shareholders' equity in its consolidated balance sheet — was ₹10,769 crore on 30 September 2026, up 14.0% from ₹9,444 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹12,689 crore at the 30 October 2026 close.

What is the Tamilnad Mercantile Bank market cap?

Tamilnad Mercantile Bank's market capitalisation was ₹12,689 crore at the 30 October 2026 close: 15.84 crore shares at ₹801.35 each.

What is the Tamilnad Mercantile Bank ROE?

In FY26, Tamilnad Mercantile Bank's return on equity (ROE) was 14.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year). In FY25, ROE was 14.0%.

What is the Tamilnad Mercantile Bank EPS?

Tamilnad Mercantile Bank's basic earnings per share (EPS) were ₹84.47 in FY26, against ₹74.68 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹99.65.

What is the Tamilnad Mercantile Bank book value per share?

Tamilnad Mercantile Bank's book value per share was ₹680.10 on 30 September 2026: shareholders' equity of ₹10,769 crore divided by the 15.84 crore shares in issue, up 14.0% from ₹596.38 a year earlier. The share price at the 30 October 2026 close was ₹801.35.

What is the Tamilnad Mercantile Bank dividend yield?

Tamilnad Mercantile Bank's dividend yield is 1.56% at the 30 October 2026 close: dividends of ₹12.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹801.35. They were ₹12.50 on 12 June 2026.

What is the Tamilnad Mercantile Bank promoter holding?

Tamilnad Mercantile Bank has no promoter group: on 30 September 2026 promoters held 0% of its shares, according to the shareholding pattern filed with NSE. Foreign portfolio investors held 6.86% and domestic institutions 2.07%.

What is the Tamilnad Mercantile Bank NPA?

Tamilnad Mercantile Bank's gross non-performing assets (NPAs) were ₹372 crore, 0.61% of gross advances, on 30 September 2026 (1.01% a year earlier). Net NPAs were 0.14% of net advances (0.26% a year earlier).

What is the Tamilnad Mercantile Bank CD ratio (credit-deposit ratio)?

Tamilnad Mercantile Bank's credit-deposit ratio was 86.9% on 30 September 2026: advances divided by deposits, from its standalone balance sheet.

What is the Tamilnad Mercantile Bank capital adequacy ratio?

Tamilnad Mercantile Bank's common equity tier 1 (CET1) ratio was 31.36% on 30 September 2026.

What are the Tamilnad Mercantile Bank deposits and advances?

On 30 September 2026, Tamilnad Mercantile Bank's deposits were ₹69,546 crore, up 25.5% from a year earlier, and its advances (loans) were ₹60,429 crore, up 29.7% from a year earlier.

What are the Tamilnad Mercantile Bank latest quarterly results?

Tamilnad Mercantile Bank's latest results are for Q2 FY27 (July–September 2026), filed on 26 October 2026: standalone net profit ₹451 crore, up 42.1% from ₹318 crore in Q2 FY26; net interest income ₹807 crore, up 35.2% year on year.

What is the Tamilnad Mercantile Bank revenue and profit in FY26?

In FY26 (April 2025–March 2026), Tamilnad Mercantile Bank's standalone net profit was ₹1,338 crore, up 13.1% from ₹1,183 crore in FY25, on net interest income of ₹2,527 crore (up 9.8%).

What is the Tamilnad Mercantile Bank dividend in 2026 and its record date?

In 2026, Tamilnad Mercantile Bank has declared one dividend: ₹12.50 with record date 12 June 2026.

When are the Tamilnad Mercantile Bank next results?

Tamilnad Mercantile Bank has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does the Tamilnad Mercantile Bank PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Tamilnad Mercantile Bank's PE ratio is 9.5, the lowest of the four: City Union Bank 16.0, Karur Vysya Bank 13.7 and South Indian Bank 10.0, a peer average of 13.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.

What is the Tamilnad Mercantile Bank shareholding pattern?

On 30 September 2026, Tamilnad Mercantile Bank's shares were held by foreign portfolio investors (FII/FPI) 6.86%, domestic institutions (DII) 2.07% (including mutual funds at 0.66%) and retail and other non-institutional investors 91.07%. Over the year, FII holding was up 2.21 percentage points from 4.65% and DII holding was down 0.34 percentage points from 2.41%.

How does Tamilnad Mercantile Bank compare with its peers?

On FY26 consolidated figures, against City Union Bank, Karur Vysya Bank and South Indian Bank: Tamilnad Mercantile Bank's return on equity of 14.0% is the second highest of the four (City Union Bank 13.2%, Karur Vysya Bank 19.3%, South Indian Bank 13.5%; peer average 15.4%); its return on assets of 1.89% is the second highest of the four (City Union Bank 1.52%, Karur Vysya Bank 1.96%, South Indian Bank 1.09%; peer average 1.52%); its gross NPA ratio of 0.73% is the lowest of the four (City Union Bank 1.91%, Karur Vysya Bank 0.75%, South Indian Bank 1.43%; peer average 1.36%).

Tamilnad Mercantile Bank vs City Union Bank: how do they compare?

In FY26, Tamilnad Mercantile Bank earned net profit of ₹1,338 crore, against ₹1,326 crore for City Union Bank. Tamilnad Mercantile Bank's return on equity was 14.0% (City Union Bank 13.2%) and its gross NPA ratio 0.73% (City Union Bank 1.91%). At the 30 October 2026 close, Tamilnad Mercantile Bank's market capitalisation was ₹12,689 crore against ₹21,223 crore for City Union Bank, and its PE ratio on FY26 profit 9.5 against 16.0.

Where do these Tamilnad Mercantile Bank figures come from?

From Tamilnad Mercantile Bank's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.