Tamilnad Merca Bank Ltd

NSE: TMB · Private Sector Bank · sector

₹804.05NSE close 2026-10-26

Key numbers

Market cap₹12,732 cr

Price₹804.05

52w high / low₹954 / ₹444

P/E8.8xSector median 12.9x

P/B1.3xSector median 1.1x

Book value₹638.5

Dividend yield1.37%Sector median 0.72%

ROE15.1%Sector median 12.8%

ROA1.92%Sector median 1.15%

Gross NPA0.69%

Net NPA0.17%

CET131.30%

Sales growth 3y–Sector median +15.2%

Profit growth 3y–Sector median +19.8%

PEG0.43x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 20 companies in Private Sector Bank (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Total income was higher than a year earlier in 4 of the last 4 quarters.
Dividend paid in 3 of the last 3 financial years.
Price ₹804.05 on 2026-10-26: -15.7% from the 52-week high, +81.1% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹922.25 · low ₹407.20

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total income	1,337	1,331	1,342	1,386	1,413	1,469	1,550	1,662
Net interest income	596	570	568	580	597	646	704	765
Operating profit	465	408	404	412	452	468	522	611
Other income	227	189	200	231	208	196	242	238
Net profit	303	300	292	305	318	342	374	412
EPS (₹)	19.15	18.96	18.44	19.25	20.05	21.57	23.60	25.99
Gross NPA %	1.37	1.32	1.25	1.22	1.01	0.91	0.73	0.69
Net NPA %	0.46	0.41	0.36	0.33	0.26	0.20	0.18	0.17
Revenue YoY					+5.7%	+10.4%	+15.6%	+19.9%
Profit YoY					+4.7%	+13.7%	+28.0%	+35.0%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY24	FY25	FY26	TTM
Revenue	4,848	5,291	5,819	6,096
Net profit	1,072	1,183	1,338	1,444
EPS (₹)	67.70	74.68	84.47	91.21
Revenue growth		+9.1%	+10.0%	+13.0%
Profit growth		+10.3%	+13.1%	+20.3%
Dividend / share (₹)	5.00	10.00	11.00

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	+13.0%
Net profit	–	–	+20.3%
EPS	–	–	–
Share price	–	+39.4% (2y)	+86.6%

Balance sheet

₹ cr	FY24	FY25	FY26
Shareholders' equity	7,921	9,009	10,110
Borrowings	1,301	500	700
Cash & equivalents	0	0	0
Total assets	61,552	66,450	75,300

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY24	FY25	FY26
Cash from operations	-611	1,899	-101
Cash from investing	-100	-99	-118
Cash from financing	697	-960	26
Capex	23	0	0
Free cash flow	-633	1,899	-101

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY24	FY25	FY26
ROE %	13.5%	13.1%	13.2%

Shareholding

Holder	% (2026-09-30)
FIIs	6.86%
DIIs	2.07%
of which Mutual funds	0.66%
of which Insurance	0.65%
Government	0.00%
Public (non-institutions)	91.07%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Public holders above 1%	%
Bucket 1 (Court Cases)	8.77%
Robert And Ardis James Company Limited	4.45%
Starship Equity Holdings Ltd	4.25%
Subcontinental Equities Limited	4.18%
East River Holdings Limited	3.35%
Swiss Re Investors (Mauritius) Limited	3.20%
Fi Investments (Mauritius) Limited	1.71%
Investor Education and Protection Fund Authorithy (Ministry of Corporate Affairs)	1.61%
C.S.Rajendran	1.35%
Chandramogan R G	1.35%
Hibiscus Enterprises LLP	1.29%
Meenakshi R	1.20%
Senthil G M	1.08%

1,19,980 shareholders. Pledged: – of promoter shares.

Peers in Private Sector Bank

Company	Market cap	P/E	P/B	ROE	ROA	Gross NPA	Sales 3y	Div yield
HDFCBANK	₹10,60,877 cr	13.9x	1.8x	13.9%	1.67%	1.11%	+23.9%	1.95%
ICICIBANK	₹10,07,326 cr	18.4x	2.8x	16.3%	2.01%	1.20%	+15.9%	0.78%
KOTAKBANK	₹4,38,401 cr	36.2x	3.2x	11.8%	1.90%	1.18%	+17.5%	0.11%
AXISBANK	₹3,79,871 cr	13.7x	1.7x	13.5%	1.35%	1.16%	+14.3%	0.08%
FEDERALBNK	₹85,160 cr	17.5x	2.1x	12.8%	1.14%	1.32%	+18.1%	0.35%
IDBI	₹82,245 cr	10.0x	1.1x	11.8%	1.70%	2.12%	+12.1%	2.74%
INDUSINDBK	₹65,798 cr	52.6x	1.0x	1.9%	0.23%	3.25%	+14.5%	–
IDFCFIRSTB	₹61,802 cr	28.1x	1.3x	5.3%	0.56%	1.51%	+21.3%	0.48%
YESBANK	₹49,783 cr	12.0x	0.9x	8.1%	0.81%	1.20%	+9.9%	–
TMB	₹12,732 cr	8.8x	1.3x	15.1%	1.92%	0.69%	–	1.37%

All 20 companies in Private Sector Bank →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Retail Banking	₹4,834 cr	72.2%	₹1,345 cr	27.8%
Treasury	₹1,281 cr	19.1%	₹300 cr	23.4%
Corporate / Wholesale Banking	₹582 cr	8.7%	₹162 cr	27.8%
Other Banking Operations	₹0 cr	–	₹0 cr	–

Dividends & corporate actions

Ex-date	Action	Detail
2026-06-12	Dividend	Dividend - Rs 12.50 Per Share
2025-08-01	Dividend	Dividend - Rs 11 Per Share
2024-09-20	Dividend	Annual General Meeting/Dividend - Rs 10 Per Share
2023-08-29	Dividend	Annual General Meeting/Dividend - Rs 5 Per Share
2023-02-24	Dividend	Interim Dividend - Rs 5 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Service: Banking


Sector	Financial Services
Industry	Private Sector Bank
Sub-industry	Private Sector Bank
Symbol	TMB
BSE code	543596
ISIN	INE668A01016
Face value	₹10.0
Incorporated	1921-05-11
Website	www.tmb.bank.in
Plants (India / abroad)	0 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.