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Tamilnad Mercantile Bank Limited

TMB · 543596 · Financial Services · Private Sector Bank

Full report
Rs 811.85+21.05 (+2.66%)
Market cap
Rs 12,856 Cr
P/E
8.15x
P/B
1.19x
52W high / low
Rs 954.2 / Rs 468

About Tamilnad Mercantile Bank

Tamilnad Mercantile Bank Limited is listed on the NSE under the symbol TMB and on the BSE under scrip code 543596. It is classified in the Financial Services sector, industry: Private Sector Bank. It is a constituent of BSE 1000. The company listed on 15 Sept 2022 and has a face value of Rs 10.

The latest available end-of-day price is Rs 811.85 (+2.66% on the day), for a market capitalisation of Rs 12,856 Cr. Trailing P/E is 8.15x and price-to-book is 1.19x. The 52-week range is Rs 468 to Rs 954.2. The latest price is 71% of the way from the 52-week low to the 52-week high.

Against the 15-company comparison set from the official BSE basic industry Private Sector Bank, its market capitalisation is 0.5 times the peer median of Rs 26,074 Cr, and its P/E of 8.15x compares with a peer median of 11.58x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.

Latest annual results

For Q2 FY27 (period ended 30 Sept 2026), Tamilnad Mercantile Bank Limited reported net profit of Rs 451 Cr and earnings per share of Rs 28.49.

On a trailing-twelve-month basis the filings add up to revenue of Rs 7,411 Cr, net income of Rs 1,578 Cr and a net margin of 21.29%.

Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.

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Peer comparison

Official BSE basic industry: Private Sector Bank. Limited to companies within a 0.1x–10x market-cap band.

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Official-industry peer comparison for Tamilnad Mercantile Bank Limited
IDBI Bank LimitedRs 80.01Rs 86,030 CrRs 36,439 CrRs 8,304 Cr10.35x12.76%
The Federal Bank LimitedRs 347.75Rs 85,826 CrRs 34,900 CrRs 4,834 Cr18.28x12.23%
IndusInd Bank LimitedRs 868Rs 67,629 CrRs 52,940 CrRs 3,001 Cr22.53x4.60%
IDFC First Bank LimitedRs 73.38Rs 63,274 CrRs 52,314 CrRs 3,006 Cr21.15x7.03%
RBL Bank LimitedRs 360.9Rs 55,999 CrRs 19,674 CrRs 1,205 Cr25.76x7.44%
Yes Bank LimitedRs 15.43Rs 48,433 CrRs 39,277 CrRs 4,195 Cr11.60x8.47%
Karur Vysya Bank LimitedRs 354.5Rs 34,270 CrRs 13,984 CrRs 2,958 Cr11.58x19.22%
Bandhan Bank LimitedRs 161.84Rs 26,074 CrRs 24,456 CrRs 1,353 Cr19.27x5.39%
City Union Bank LimitedRs 226.9Rs 22,481 CrRs 8,288 CrRs 1,403 Cr16.01x14.01%
The South Indian Bank LimitedRs 56.57Rs 14,819 CrRs 12,220 CrRs 1,586 Cr9.34x14.75%
The Jammu & Kashmir Bank LimitedRs 122.25Rs 13,463 CrRs 14,945 CrRs 2,359 Cr5.70x15.38%
Tamilnad Mercantile Bank LimitedThis companyRs 811.85Rs 12,856 CrRs 7,411 CrRs 1,578 Cr8.15x16.51%
The Karnataka Bank LimitedRs 305.8Rs 11,571 CrRs 10,711 CrRs 1,554 Cr7.44x12.28%
DCB Bank LimitedRs 199.8Rs 6,435 CrRs 8,391 CrRs 788 Cr8.12x12.88%
CSB Bank LimitedRs 307.6Rs 5,338 CrRs 6,066 CrRs 687 Cr7.77x14.63%
MedianRs 226.9Rs 26,074 CrRs 14,945 CrRs 1,586 Cr11.58x12.76%

Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.

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Companies related to Tamilnad Mercantile Bank

Same official industry (Private Sector Bank)

Other Financial Services companies of a similar market capitalisation

Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.

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