Tamilnad Mercantile Bank Limited

NSE: TMB BSE: 543596 SECTOR: Financial Services - Banks

801 10(-1%)

Near 52W High of 847

Volume

2L as on 19, Jun

Open

459

High

460

Low

455

811

VWAP

779

52 Week High

847

52 Week Low

412

Viand Research Rating

Quality Score

40/100

Growth Score

8/100

Valuation Score

50/100

Momentum Score

45/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

12,681

No. of Shares

15.8

P/E

6.31

P/B

0.87

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

13.86

ROCE

Profit Growth

Listing Date

15-Sep-22

Promoter Holding

FII Holding

6.19%

DII Holding

1.91%

Price Chart

Price Performance

1 Week2%

1 Month15%

3 Months30%

6 Months24%

1 Year24%

YTD24%

Moving Average

5 Day SMA776

10 Day SMA771

20 Day SMA742

30 Day SMA722

50 Day SMA710

61 Day SMA690

80 Day SMA461

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	817	787	808	815
Resistance 2	808	785	799	807
Resistance 1	794	783	794	792
Pivot Point	785	781	785	784
Support 1	771	778	776	769
Support 2	761	776	770	760
Support 3	748	774	761	746

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HDFCBANK	11,48,092	745	8%	4%	18%	26%	15	40.9	0	79219
2	ICICIBANK	10,27,519	1432	2%	7%	7%	3%	16	40.9	0	57936
3	SBIN	9,32,939	1011	0%	2%	2%	25%	11	40.9	0	86666
4	BAJFINANCE	6,45,596	1037	4%	10%	12%	10%	28	40.9	0	19332
5	LICI	5,31,300	420	4%	4%	48%	54%	9	40.9	0	57453
6	KOTAKBANK	3,80,686	383	1%	5%	11%	82%	20	40.9	0	19288
7	AXISBANK	3,79,569	1220	6%	9%	4%	12%	15	40.9	0	26548
8	BAJAJFINSV	3,01,304	1882	1%	5%	6%	9%	13	40.9	5.52	19669
9	SHRIRAMFIN	2,40,565	1022	2%	7%	5%	62%	21	40.9	0	10024
10	SBILIFE	1,84,339	1837	3%	0%	11%	0%	70	40.9	0	2470
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022
FIIs	(1.21) 6.19%	(0.31) 4.95%	(0.11) 4.65%	(0.41) 4.58%	(0.11) 4.22%	(0.01) 4.12%	(0.41) 4.08%	(0.21) 3.67%	(0.31) 3.45%	(1.11) 3.13%	(2.01) 2.06%	(-0.21) 0.07%	(-0.41) 0.22%	(-22.61) 0.58%	(0.01) 23.16%
DIIs	(-0.61) 1.91%	(0.11) 2.47%	(0.01) 2.41%	(-0.31) 2.40%	(0.01) 2.66%	(0.51) 2.67%	(-0.51) 2.22%	(0.01) 2.73%	(-0.51) 2.75%	(-0.71) 3.20%	(-1.21) 3.85%	(-0.21) 5.09%	(-0.21) 5.32%	(-0.11) 5.48%	(0.01) 5.61%
Public	91.91%	92.58%	92.94%	93.03%	93.12%	93.22%	93.69%	93.59%	93.79%	93.68%	94.11%	94.86%	94.46%	93.95%	71.24%
No. of Shareholders	117,065	119,203	124,440	125,220	127,154	123,233	120,897	116,186	113,643	105,095	101,724	106,297	96,007	82,844	90,020

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Sales	1550	1469	1413	1386	1342	1331	1337	1281	1254	1229	1209	1156	1070	1012	997	1002	986	959	950
Sales Growth % (YoY)	-	-	-	-	-	-	-	-	-	-	-	-	-	5.5%	4.9%	-	-	-	-
Sales Growth % (QoQ)	5.5%	4%	1.9%	3.3%	0.8%	-0.4%	4.4%	2.2%	2%	1.7%	4.6%	8%	5.7%	1.5%	-0.5%	1.6%	2.8%	0.9%	-
Expenses	443	375	373	407	382	355	423	417	388	327	347	340	364	323	298	344	422	418	308
Operating Profit	262	271	224	173	186	216	173	150	179	210	186	174	163	211	211	180	66	34	131
OPM %	17	18	16	12	14	16	13	12	14	17	15	15	15	21	21	18	7	4	14
Other Income	242	196	208	231	200	189	227	234	164	158	156	167	184	161	145	140	214	254	151
Interest	846	823	816	807	774	761	741	715	687	692	676	642	543	478	488	478	499	507	511
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	504	467	432	404	387	404	400	383	343	368	342	341	347	372	355	319	280	288	282
Tax %	26	27	27	25	25	26	24	25	26	23	20	23	27	25	26	27	19	30	32
Net Profit	374	342	318	305	292	300	303	287	253	284	274	261	253	280	262	234	227	203	191
Net Profit Growth % (QoQ)	9.4%	7.5%	4.3%	4.5%	-2.7%	-1%	5.6%	13.4%	-10.9%	3.6%	5%	3.2%	-9.6%	6.9%	12%	3.1%	11.8%	6.3%	-
Net Profit Growth % (YoY)	28.1%	14%	5%	6.3%	15.4%	5.6%	10.6%	10%	-	1.4%	4.6%	11.5%	11.5%	37.9%	37.2%	-	-	-	-
TTM Net Profit	1339	1257	1215	1200	1182	1143	1127	1098	1072	1072	1068	1056	1029	1003	926	855	621	394	0
EPS in Rs	23.6	21.57	20.05	19.25	18.43	18.96	19.15	18.14	15.98	17.95	17.27	16.5	15.98	17.66	16.56	16.43	15.93	14.24	13.38

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Sales	5819	5291	4848	4081	3834	3609	3466	3224	3250
Sales Growth %	10%	9.2%	18.8%	6.4%	6.2%	4.1%	7.5%	-0.8%	-
Expenses	1598	1490	1327	1276	1470	1355	1231	1350	1366
Operating Profit	930	811	824	818	346	183	89	-120	-157
OPM %	16	15	17	20	9	5	3	-4	-5
Other Income	877	850	645	629	812	644	526	414	506
Interest	3292	2990	2697	1987	2019	2072	2147	1994	2041
Depreciation	0	86	75	54	33	29	30	36	40
Profit before tax	1807	1575	1394	1394	1125	798	585	259	310
Tax %	26	25	23	26	27	24	30	0	28
Net Profit	1338	1183	1072	1029	822	603	408	259	222
Net Profit Growth %	13.1%	10.4%	4.2%	25.2%	36.3%	47.8%	57.5%	16.7%	-
EPS in Rs	84.47	74.68	67.7	65	57.67	42.34	28.61	18.14	15.57
Dividend Payout %	15	0	15	8	9	0	0	13	21

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2018
Cash from Operating Activity	-101	1899	-611	-1270	1325	-670	567	-389
Cash from Investing Activity	-118	-99	-100	-89	-107	-37	-20	-26
Cash from Financing Activity	26	-960	697	1088	-71	-324	269	472
Net Cash Flow	-193	840	-14	-270	1147	-1031	816	58

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Equity Capital	158	158	158	158	158	158	143	143	143	143	143
Reserves	9952	9285	8850	8272	7763	6770	5193	4437	3837	3476	3262
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	2777	2894	3252	3671	2815	2646	2559	1948	1604	1719	1522
Total Liabilities	75300	69042	66450	63343	61552	57866	52828	47499	42733	40473	37868
Fixed Assets	311	274	284	257	271	246	211	137	128	138	140
CWIP	0	0	0	0	0	0	0	0	0	0	0
Investments	15693	16540	15101	14971	15263	14156	13242	11703	9467	9107	10364
Other Assets	59296	52228	51065	48115	46019	43464	39374	35658	33137	31228	27364
Total Assets	75300	69042	66450	63343	61552	57866	52828	47499	42733	40473	37868

Delivery

#	Date	653 30% 847	Value (Cr)	Q/T 24	Del 36	Del 14
1	22-Jul	811	9	12	52	4
2	21-Jul	818	39	22	37	14
3	20-Jul	806	9	11	50	5
4	17-Jul	797	8	14	47	4
5	16-Jul	798	14	16	58	8
6	15-Jul	816	33	17	49	16
7	14-Jul	780	8	11	50	4
8	13-Jul	801	21	18	50	10
9	10-Jul	802	27	20	56	15
10	9-Jul	769	9	14	53	5
11	8-Jul	751	18	18	54	10
12	7-Jul	768	23	15	43	10
13	6-Jul	759	13	16	54	7
14	3-Jul	779	68	23	26	18
15	2-Jul	746	35	24	29	10
16	1-Jul	730	8	16	40	3
17	30-Jun	733	10	19	54	5
18	29-Jun	737	16	18	53	8
19	25-Jun	733	22	23	58	13
20	24-Jun	763	8	14	32	2
21	23-Jun	759	7	14	56	4
22	22-Jun	768	11	21	49	5
23	19-Jun	781	15	24	43	6
24	18-Jun	781	12	14	39	5
25	17-Jun	782	22	22	47	11
26	16-Jun	762	18	16	50	9
27	15-Jun	774	21	23	51	11
28	12-Jun	767	16	20	47	8
29	11-Jun	767	12	16	44	5
30	10-Jun	775	15	19	45	7
31	9-Jun	781	34	24	47	16
32	8-Jun	739	49	26	33	16
33	5-Jun	746	12	14	46	6
34	4-Jun	748	17	22	50	9
35	3-Jun	740	20	23	46	9
36	2-Jun	740	24	23	42	10
37	1-Jun	728	202	36	13	26
38	29-May	693	23	23	46	11
39	27-May	679	8	15	46	4
40	26-May	683	9	12	45	4
41	25-May	684	5	16	43	2
42	22-May	683	8	17	36	3
43	21-May	692	19	28	49	9
44	20-May	693	10	16	41	4
45	19-May	679	9	14	43	4
46	18-May	687	19	16	44	9
47	15-May	668	9	15	49	4
48	14-May	666	12	22	41	5

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	12,681c	146c	1.14
22-Jul	12,827c	158c	1.21
21-Jul	12,984c	387c	3.07
17-Jul	12,597c	63c	0.50
16-Jul	12,660c	220c	1.71
15-Jul	12,880c	394c	3.15
14-Jul	12,487c	289c	2.26
13-Jul	12,776c	399c	3.22
10-Jul	12,377c	245c	2.02
09-Jul	12,132c	148c	1.24
08-Jul	11,984c	348c	2.82
07-Jul	12,332c	331c	2.76
06-Jul	12,002c	153c	1.29
02-Jul	11,849c	178c	1.53
30-Jun	11,671c	33c	0.28
29-Jun	11,638c	39c	0.33
26-Jun	11,599c	113c	0.97
25-Jun	11,713c	373c	3.09
24-Jun	12,085c	24c	0.20
23-Jun	12,109c	84c	0.69
22-Jun	12,193c	253c	2.04
19-Jun	12,446c	99c	0.80
18-Jun	12,348c	154c	1.23
17-Jun	12,502c	396c	3.27
16-Jun	12,106c	150c	1.23
15-Jun	12,256c	48c	0.40
12-Jun	12,208c	58c	0.47
11-Jun	12,266c	86c	0.71
10-Jun	12,180c	0	0

Stock Checklist

Price is above from 52 week high low average: 79%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 24 fund scheme(s) across 7 fund house(s) as of Jul26 · Total value ₹125 Cr · 2 increasing / 4 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Motilal Oswal Mutual Fund	4	0.57%	-	51
Groww Mutual Fund	6	2.44%	-	38.4
WhiteOak Capital Mutual Fund	2	0.76%	+0.03%	24.3
Samco Mutual Fund	6	4.31%	-0.07%	11.4
Angel One Mutual Fund	2	0.04%	-	0
Mirae Asset Mutual Fund	2	0.04%	-	0
Bandhan Mutual Fund	2	0.04%	-	0

Tamilnad Mercantile Bank Limited

Price Chart

Price Performance

Moving Average

PIVOT LEVEL

Competitors/Peers

Shareholding Pattern (%)

Quarterly Results

Profit and Loss

Cash Flows

Balance Sheet

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