Tamilnad Mercantile Bank Ltd

543596

Summary

Fair Value Assessment
Undervalued (4% Discount)
Fair ValueQ447.58UncertaintyHigh
Close Price426.10Mar 25, 2025
Market Closed
415.35
Price Down by 10.75 | 2.52 %
Previous Close
426.10
Day Range
410.85 – 425.65
Year Range
403.35 – 509.95
Bid / Ask
Market Cap
65.8 Bil
Volume / Average
6.5 k / 6.5 k
Beta
Shares Outstanding
158.35 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Tamilnad Mercantile Bank Ltd is the oldest private sector bank in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. The company has a portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. The segments of the bank are Treasury, Corporate and Wholesale banking, Retail banking, and Other banking business services. It generates the majority of its revenue from the Retail banking segment.
Contact
No. 57, Victoria Extension Road, Tuticorin, TN 628 002
T +91 4612325136
www.tmb.in opens in a new tab
Sector
Financial Services
Industry
Banks - Regional
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
4,627

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
31.14 27.96 27.23 26.38 21.82 18.46
Revenue Growth %
12.17% 2.66% 3.64% 20.91% 18.19%
Net Income
11.44 10.72 10.29 8.22 6.03 4.08
Net Profit Margin %
36.73% 38.35% 37.80% 31.16% 27.65% 22.09%
Basic EPS
72.23 67.70 68.06 57.67 42.34 28.61
Diluted EPS
72.23 67.70 68.06 57.67 42.34 28.61
Normalized EPS
72.21 67.69 68.05 38.09 25.75
Total Dividends per Share
10.00 5.00 5.00
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
633.43 615.52 578.95 528.58 475.27 427.59
Total Liabilities
549.13 536.31 509.67 475.23 429.47 387.79
Total Debt
512.42 508.16 482.91 449.33 409.70 371.49
Total Equity
84.30 79.21 69.28 53.36 45.80 39.80
Cash And Cash Equivalents
31.47 35.68 35.82 38.52 27.05 37.37
Shares Outstanding (Bil)
0.16 0.16 0.16
Book Value Per Share
500.23 437.53
Total Debt To Equity
6.08 6.42 6.97 8.42 8.95 9.33
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
-13.37 -6.11 -12.70 13.25 -6.70 5.67
Cash From Investing Activities
-0.69 -1.00 -0.89 -1.07 -0.37 -0.20
Cash From Financing Activities
12.50 6.97 10.88 -0.71 -3.24 2.69
Free Cash Flow
10.62 15.37 14.53 11.93 10.05
Change in Cash
-1.56 -0.14 -2.70 11.47 -10.31 8.16

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Salee Sukumaran Nair (60) Director, Chief Executive Officer and Managing Director
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership


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