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Tamilnad Mercantile Bank Limited (TMB.NS)

INR815.75 +35.40 (+4.54%)
IN NSE Financial Services Banks - Regional
Address 57, V.E. Road 628 002
Thoothukudi, IN
CEO Salee Sukumaran Nair
Website tmb.in
IPO 2022-09-15
ISIN INE668A01016

Explore sections of this company profile

Also trades on Bombay Stock Exchange · TMB.BO (INR) National Stock Exchange of India · TMB.NS (INR)
Description

Tamilnad Mercantile Bank Limited is an Indian financial institution offering a diverse range of banking and financial solutions. Its operations are organized into key divisions: Treasury, Corporate and Wholesale Banking, Retail Banking, and various Other Banking Operations. The bank provides a comprehensive suite of products including various deposit accounts (savings, recurring, term, and current), debit and credit cards, and specialized services such as demat and equity trading accounts. Customers can also access POS terminal services, e-tax and online bill payments, investment options like mutual funds and sovereign gold bond schemes, insurance products, money transfer facilities, foreign exchange services, treasury solutions, and convenient internet and mobile banking. Furthermore, Tamilnad Mercantile Bank extends a wide array of loan products, encompassing financing for homes, vehicles (cars, two-wheelers, commercial vehicles), personal needs, house rent, education, and specific segments like doctors, pensioners, NRIs, jewel loans, small and medium-sized enterprises (MSMEs), rice and dhall mills, traders, service providers, and Mahalir groups. They also offer secured loans against properties and sovereign gold bonds, provide vehicle finance for educational institutions, and facilitate secured overdrafts, microenterprise loans, pharmaceutical sector financing, and channel finance. Established in 1921, the institution was initially known as The Nadar Bank Ltd. before adopting its current name, Tamilnad Mercantile Bank Limited, on November 26, 1962. Its main office is situated in Thoothukudi, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR815.75 +35.40 (+4.54%)
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Volume Profile
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Liquidity & share structure
Average Volume
486.6K
Beta
0.43
Float Shares
107.98M
Free Float %
68.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.05% +3.66% +12.54% +27.71% +51.26% +49.29% +69.48% +86.88% +50.51% +50.51% +50.51%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
815.75
DCF (Unlevered) 684.02 -16.1%
DCF (Levered) 364.93 -55.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
0.35
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
★ Strong MOAT
  • Revenue growth
    +9.0% Q1'26: +16.3% (vs Q1'25)
  • EPS growth
    +13.1% Q1'26: +28.0% (vs Q1'25)
  • FCF margin
    Q1'26: -184.7% (vs Q1'25)
  • EBIT margin
    Q1'26: +28.1% (vs Q1'25)
  • ROIC
    Q1'26: +22.7% (vs Q1'25)
  • Share dilution
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 0.35× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.45) × ERP
WACC = 95% × Ke + 5% × Kd (470.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 683.50 Current price: 815.75
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-11 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-10 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-09 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-08 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-05 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-04 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-03 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-02 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-06-01 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-29 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-27 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-26 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-25 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-22 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-21 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-20 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-19 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-18 A- 4/5 3/5 4/5 4/5 3/5 3/5 3/5
2026-05-15 A- 4/5 3/5 4/5 4/5 3/5 4/5 3/5
2026-05-14 A- 4/5 3/5 4/5 4/5 3/5 4/5 3/5
2026-05-13 A- 4/5 3/5 4/5 4/5 3/5 4/5 3/5
2026-05-12 A- 4/5 3/5 4/5 4/5 3/5 4/5 3/5
2026-05-11 A- 4/5 3/5 4/5 4/5 3/5 4/5 3/5
2026-05-08 A- 4/5 3/5 4/5 4/5 3/5 4/5 3/5
2026-05-07 A- 4/5 3/5 4/5 4/5 3/5 4/5 3/5
2026-05-06 A- 4/5 3/5 4/5 4/5 3/5 4/5 3/5
2026-05-05 A 4/5 3/5 4/5 5/5 3/5 4/5 3/5
2026-05-04 A 4/5 3/5 4/5 5/5 3/5 4/5 3/5
2026-04-30 A 4/5 3/5 4/5 5/5 3/5 4/5 3/5
2026-04-29 A 4/5 3/5 4/5 5/5 3/5 4/5 3/5
2026-04-28 A 4/5 3/5 4/5 5/5 3/5 4/5 3/5
2026-04-27 A 4/5 3/5 4/5 5/5 3/5 4/5 3/5
2026-04-24 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-04-23 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-04-22 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-04-21 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-04-20 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-04-17 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-04-16 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
230.95M
OE per share TTM
1.46
Owner's Yield
0.19%
Maintenance CapEx ratio
1.49%
Maint CapEx / Avg PPE
4.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 9 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.93M
Shares Outstanding
158.35M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Salee Sukumaran Nair Chief Executive Officer, MD & Director 8M male
Vincent Menachery Devassy Whole Time Executive Director 6M male
J. Sundaresh Kumar Executive Vice President & Chief Compliance Officer male
K. Vijayan EVP of Credit Dept, KYC / AML Cell, Recovery Dept & Legal Dept and CQC Off male
Laxman Karkala Kudva Executive Vice President of Chief Risk Officer male
Arvind Kanagasabai Executive Vice President of Head of Integrated Treasury male
S. Ilangovan Executive Vice President & Head of Internal Audit male
Sanjoy Kumar Goel Executive Vice President & Chief Financial Officer male
R. Ashok Kumar Executive Vice President & Country Head Branch Banking male
D. Ramesh Executive Vice President and GM of HRD Department, Public Relations & Corporate Communications male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits