T N Merc. Bank

TMB07 May 2024

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-1.45 (-0.30%)

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T N Merc. Bank

Banks

TMB07 May 2024

₹

-1.45 (-0.30%)

OverviewFundamentals

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

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Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date
24-Apr-2023	D	Pursuant to Regulation 30, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of Tamilnad Mercantile Bank Limited ('Bank') at its meeting held today, viz. April 24, 2023, inter alia, transacted the following business: (A) Audited Financial Results (B) Dividend.	29-Aug-2023
14-Feb-2023	D	Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in their meeting held today has declared an Interim Dividend of ?5/- per equity share of the face value ?10/- each for the Financial Year 2022-23. The Interim Dividend will be paid on or after 6th March 2023. The Board Meeting commenced at 10.00 a.m. and concluded at 6.15 p.m.	24-Feb-2023
15-Apr-2024	BC	Quarterly Results & Final Dividend & Audited Results Outcome of the Board Meeting held on April 22, 2024 - Audited Financial Results for the quarter and financial year ended March 31, 2024 and Fin	22-Apr-2024
12-Apr-2024	BC	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Appointment of Additional Director of the Bank by Reserve Bank of India	12-Apr-2024
04-Mar-2024	BC	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of Postal Ballot Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of Postal Ballot (As per	04-Apr-2024
08-Mar-2024	BC	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Resignation of Mr S.Ravindran as Non-Executive Independent Director of the Bank w.e.f. March 31, 2024 Tamilnad Mercantile Bank	31-Mar-2024
22-Apr-2024	BC	Outcome of the Board Meeting held on April 22, 2024 - Audited Financial Results for the quarter and financial year ended March 31, 2024 and Final Dividend Recommendation of Final Dividend The	31-Mar-2024

No Rights has been declared by TMB

Book Closure

Record Date	Split Date	Purpose
22-Apr-2024	-	Quarterly Results & Final Dividend & Audited Results Outcome of the Board Meeting held on April 22, 2024 - Audited Financial Results for the quarter and financial year ended March 31, 2024 and Fin
12-Apr-2024	-	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Appointment of Additional Director of the Bank by Reserve Bank of India
04-Apr-2024	01 Jan'1900	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of Postal Ballot Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of Postal Ballot (As per
31-Mar-2024	-	Tamilnad Mercantile Bank Limited has informed the Exchange regarding Resignation of Mr S.Ravindran as Non-Executive Independent Director of the Bank w.e.f. March 31, 2024 Tamilnad Mercantile Bank
31-Mar-2024	-	Outcome of the Board Meeting held on April 22, 2024 - Audited Financial Results for the quarter and financial year ended March 31, 2024 and Final Dividend Recommendation of Final Dividend The

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Tamilnad Mercantile Bank Ltd ₹483.55(-1.45/-0.30%)	483.55	-1.45	7,657.08	15.16	7.14	0.97
Karur Vysya Bank Ltd ₹186.70(-8.55/-4.38%)	186.70	-8.55	15,016.47	105.42	10.10	1.64
IDBI Bank Ltd ₹85.16(-3.64/-4.10%)	85.16	-3.64	91,567.46	66.57	16.25	2.20
Federal Bank Ltd ₹159.60(-4.15/-2.53%)	159.60	-4.15	38,879.91	27.33	10.45	1.34
ICICI Bank Ltd ₹1,131.75(-17.05/-1.48%)	1,131.75	-17.05	795,199.83	22.45	19.45	3.40
Kotak Mahindra Bank Ltd ₹1,644.30(+19.55/1.20%)	1,644.30	+19.55	326,873.83	-17.13	23.72	3.38

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22
Gross Sales	0.00	0.00	0.00	0.00	0.00	0.00
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	1253.71	1229.15	1209.16	1155.89	1070.08	1012.12
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	163.90	157.98	156.06	167.00	183.93	160.76
Total Income	1417.61	1387.13	1365.22	1322.89	1254.01	1172.88
Total Expenditure	387.94	327.18	346.96	340.17	363.98	323.15
PBIDT	1029.67	1059.95	1018.26	982.72	890.03	849.73
Interest	686.66	692.12	676.43	641.81	542.80	477.85
PBDT	343.01	367.83	341.83	340.91	347.23	371.88
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00
Tax	89.95	83.60	68.32	79.68	94.18	92.18
Deferred Tax	0.00	0.00	0.00	0.00	0.00	0.00
Reported Profit After Tax	253.06	284.23	273.51	261.23	253.05	279.70
Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	253.06	284.23	273.51	261.23	253.05	279.70

EPS (Unit Curr.)	15.98	17.95	17.27	16.50	15.98	17.66
EPS (Adj) (Unit Curr.)	15.98	17.95	17.27	16.50	15.98	17.66
Calculated EPS (Unit Curr.)	15.98	17.95	17.27	16.50	15.98	17.66
Calculated EPS (Adj) (Unit Curr.)	15.98	17.95	17.27	16.50	15.98	17.66
Calculated EPS (Ann.) (Unit Curr.)	63.92	71.80	69.09	65.99	63.92	70.65
Calculated EPS (Adj) (Ann.) (Unit Curr.)	63.92	71.80	69.09	65.99	63.92	70.65
Book Value (Unit Curr.)	500.23	484.00	466.00	454.00	437.53	425.69
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	158.35	158.35	158.35	158.35	158.35	158.35
Reserve & Surplus	7762.85	0.00	0.00	0.00	0.00	0.00
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	82.13	86.23	84.21	85.02	83.17	83.96
PBDTM(%)	27.36	29.93	28.27	29.49	32.45	36.74
PATM(%)	20.18	23.12	22.62	22.60	23.65	27.64

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	158.35	142.51	142.51	142.51	142.51	142.51
Reserves Total	6769.99	5193.19	4437.47	3837.13	3475.74	3262.28
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	6928.34	5335.70	4579.98	3979.64	3618.25	3404.79
Secured Loans	525.00	0.00	0.00	324.00	0.00	513.00
Unsecured Loans	47766.49	44933.11	40970.42	36825.03	35136.25	32428.33
Total Debt	48291.49	44933.11	40970.42	37149.03	35136.25	32941.33
Total Liabilities	55219.83	50268.81	45550.40	41128.67	38754.50	36346.12
APPLICATION OF FUNDS :
Gross Block	736.48	647.37	540.53	503.47	483.09	449.44
Less : Accumulated Depreciation	490.83	436.54	403.35	375.02	344.71	309.15
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	245.65	210.83	137.18	128.45	138.38	140.29
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	0.00	0.00	0.00	0.00	0.00	0.00
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	14156.04	13242.37	11703.21	9467.33	9106.59	10363.61
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	0.00	0.00	0.00	0.00	0.00	0.00
Sundry Debtors	0.00	0.00	0.00	0.00	0.00	0.00
Cash and Bank	3581.99	3852.00	2705.08	3736.55	2920.36	2003.50
Loans and Advances	2592.26	2030.79	1883.45	1685.07	1820.08	1591.69
Total Current Assets	6174.24	5882.79	4588.53	5421.62	4740.44	3595.19
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	2591.00	2517.73	1916.66	1576.05	1711.61	1516.79
Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	2591.00	2517.73	1916.66	1576.05	1711.61	1516.79
Net Current Assets	3583.24	3365.06	2671.87	3845.57	3028.82	2078.40
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	29.75	30.95	28.65	25.63	59.45	52.13
Deferred Tax Liability	84.53	71.94	60.11	54.07	66.68	57.04
Net Deferred Tax	-54.78	-40.99	-31.46	-28.44	-7.23	-4.91
Total Assets	17930.15	16777.28	14480.80	13412.91	12266.56	12577.40
Contingent Liabilities	6518.77	8686.60	11296.92	8028.75	7956.68	13823.09

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021
Cash and Cash Equivalents at Beginning of the year	3852.00	2705.08	3736.55
Net Cash from Operating Activities	-1269.80	1325.01	-670.36
Net Cash Used In Investing Activities	-88.60	-106.83	-37.11
Net Cash Used In Financing Activities	1088.38	-71.26	-324.00
Net Inc./Dec In Cash And Cash Equivalents	-270.02	1146.93	-1031.47
Cash And Cash Equivalents At End Of The Year	3581.99	3852.00	2705.08

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

0.00%

FII Shareholding

3.45%

DII Shareholding

3.19%

Public Shareholding

93.36%

**Promoter pledged shareholding 0.00%

About Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Ltd is in the Banks sector, having a market capitalization of Rs. 7657.08 crores. It has reported a sales of Rs. 1253.71 crores and a net profit of Rs. 253.06 crores for the quarter ended December 2018. The company management includes BALAKRISHNAN PRABAHARAN, BALAKRISHNAN PRABAHARAN,S Krishnan,Niranjan Sankar Annamalai,P C G Asok Kumar,Ashok Shanmugam Rajendran,Dhanushkodi N Nirranjan Kani,Chiranjeevi Raj C.,Shivavel Ezhil Jothi,Balasubramanian Vijayadurai,Nagarajan Kandavel,B S keshava Murthy,Babu Suresh Kumar S.,C S Ram Kumar,S Ravindran,Prakash Chandra Panda,S Ravindran (Tamilnad Mercantile Bank Ltd) among others.

Chairman

BALAKRISHNAN PRABAHARAN

Registered office

57 Victoria Extension Road,,Thoothukudi,Tamil Nadu,628002

FAX :

Background

Incorporation Year1921

Face Value₹10

Market Lot1

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What is the T N Merc. Bank share price today?

The T N Merc. Bank shares price on nse is Rs.483.55 today.

What is the market cap of T N Merc. Bank shares on BSE ?

The company has a market capitalization of Rs.7657.08Cr

What is the PE & PB ratio of T N Merc. Bank shares ?

PE is 7.14 and PB is 0.97

What is the 52 Week High and Low of T N Merc. Bank shares?

T N Merc. Bank stock price high: Rs.611 T N Merc. Bank stock price low: Rs.407