Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Ltd Share Price Today: Live Updates & Key Insights
Get insights on Tamilnad Mercantile Bank Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.
Tamilnad Mercantile Bank Ltd Share Price Chart
TMB at 10 Jul 2026 05:45 PM Banks
801.60 +32.40(+4.21%)
Lowest Today 772.55
Highest Today 807.95
Today's Open 777.00
Prev. Close 769.20
52 Week High 807.95
52 Week Low 401.00
Tamilnad Mercantile Bank Ltd Fundamentals
Traded Volume: 3,42,476
Market Cap(Cr): 12,693.45
Avg Traded Price 792.30
1 Year return 80.28%
Upper Circuit 808
Lower Circuit 772.5
P/E TTM 9.00
P/B Ratio 1.205
Traded Value(Cr) 2745.29
EPS TTM 84.467
Book value/Share 638.460
Dividend Yield 1Y 2.93%
Tamilnad Mercantile Bank Ltd Share Price Performance
Shows the percentage change in stock price over different time periods
This section highlights Tamilnad Mercantile Bank Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Tamilnad Mercantile Bank Ltd share price history, short-term movements, long-term trends, and overall investor sentiment
1W +7.44%
1M +2.70%
3M +24.93%
1Y +80.28%
YTD +48.38%
Tamilnad Mercantile Bank Ltd Traded Volume Movement
Shows the trading volume over different time periods
This section highlights Tamilnad Mercantile Bank Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment
Yesterday 1.18L
Day Before Yesterday 2.39L
1W Avg 3.38L
1M Avg 2.36L
3M Avg 4.88L
Tamilnad Mercantile Bank Ltd Technical Details
Tamilnad Mercantile Bank Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.
Support 1 759
Support 2 749
Support 3 742
Pivot Point : 766
Resistance 1 776
Resistance 2 783
Resistance 3 793
Tamilnad Mercantile Bank Ltd Corporate Actions
Tamilnad Mercantile Bank Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Tamilnad Mercantile Bank Ltd’s capital allocation strategies.
All
Ex-Date 12-Jun-2026 Type D Description 12.50/share@125.00% Record Date 12-Jun-2026 Ratio 125.00
Ex-Date 01-Aug-2025 Type D Description 11.00/share@110.00% Record Date 01-Aug-2025 Ratio 110.00
Ex-Date 20-Sep-2024 Type D Description 10.00/share@100.00% Record Date - Ratio 100.00
Ex-Date 29-Aug-2023 Type D Description 5.00/share@50.00% Record Date 29-Aug-2023 Ratio 50.00
Dividends
Announcement Date 12-Jun-2026 Ex Dividend Date 12-Jun-2026 Dividend(%) 125
Announcement Date 01-Aug-2025 Ex Dividend Date 01-Aug-2025 Dividend(%) 110
Announcement Date 20-Sep-2024 Ex Dividend Date 20-Sep-2024 Dividend(%) 100
Announcement Date 29-Aug-2023 Ex Dividend Date 29-Aug-2023 Dividend(%) 50
Bonus
No Bonus has been declared by TMB
Splits
No Split has been declared by TMB
Others
Rights No Rights has been declared by TMB
Tamilnad Mercantile Bank Ltd Peer Comparison
Shows key financial metrics for the company and its peers
This section compares Tamilnad Mercantile Bank Ltd with leading peers in the banking and finance sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Tamilnad Mercantile Bank Ltd's relative performance and valuation against major competitors.
Stock Name City Union Bank Ltd ₹229.33 (+0.10%) M. Cap (Cr) 227.22 1 Yr Return (%) +40.01% P/E (TTM) 17.13 PB Ratio 2.15
Stock Name Jammu and Kashmir Bank Ltd ₹192.65 (+14.39%) M. Cap (Cr) 212.14 1 Yr Return (%) +71.41% P/E (TTM) 8.99 PB Ratio 1.29
Stock Name Punjab & Sind Bank ₹24.99 (+2.17%) M. Cap (Cr) 177.32 1 Yr Return (%) -22.42% P/E (TTM) 13.41 PB Ratio 1.25
Stock Name Tamilnad Mercantile Bank Ltd ₹801.60 (+4.21%) M. Cap (Cr) 126.93 1 Yr Return (%) +80.28% P/E (TTM) 9.49 PB Ratio 1.26
Stock Name South Indian Bank Ltd ₹45.81 (+3.60%) M. Cap (Cr) 119.93 1 Yr Return (%) +51.39% P/E (TTM) 8.24 PB Ratio 1.05
Stock Name Karnataka Bank Ltd ₹276.35 (+3.12%) M. Cap (Cr) 104.52 1 Yr Return (%) +43.89% P/E (TTM) 7.97 PB Ratio 0.79
Stock Name CSB Bank Ltd ₹360.40 (+2.66%) M. Cap (Cr) 62.52 1 Yr Return (%) -12.18% P/E (TTM) 9.87 PB Ratio 1.29
Tamilnad Mercantile Bank Ltd Cash Flow
Cash flow data provides a view of how money is generated and spent by Tamilnad Mercantile Bank Ltd, across its operating activities, investing activities, and financing activities.
PARTICULARS Operating Activities Mar 2026 -100.87 Mar 2025 1898.84 Mar 2024 -610.54 Mar 2023 -1269.80 Mar 2022 1325.01
PARTICULARS Investing Activities Mar 2026 -118.25 Mar 2025 -99.21 Mar 2024 -100.30 Mar 2023 -88.60 Mar 2022 -106.83
PARTICULARS Financing Activities Mar 2026 25.81 Mar 2025 -959.50 Mar 2024 696.98 Mar 2023 1088.38 Mar 2022 -71.26
PARTICULARS Net Cash Flow Mar 2026 -193.31 Mar 2025 840.12 Mar 2024 -13.86 Mar 2023 -270.02 Mar 2022 1146.93
Tamilnad Mercantile Bank Ltd Shareholding Pattern
This shows the ownership breakdown of Tamilnad Mercantile Bank Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.
Promoter 0%
Public 91.91%
Other Institutions 1.56%
FII 6.19%
Mutual Funds 0.35%
About Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Limited was incorporated in the name of `Nadar Bank Limited' on May 11, 1921 at Thoothukudi, Tamil Nadu as a Limited Company under Indian Companies Act, 1913 pursuant to a Certificate of Incorporation issued by the erstwhile Assistant Registrar of Joint Stock, Palamcottah. Subsequently, the name of the Bank was changed to `Tamilnad Mercantile Bank Limited', effective from November 27, 1962, pursuant to a Letter of Approval from the Government of India dated November 14, 1962 and a fresh Certificate of Incorporation dated July 17, 1968 was issued by the Assistant Registrar of Companies, Madras. Presently, the Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.On November 11, 1921, the Bank commenced business at Thoothukudi, in Tamil Nadu. In 1933, it acquired its first property at Beach Road, Thoothukudi, in Tamil Nadu. On May 11, 1935, it was included in the second schedule to the Reserve Bank of India Act, 1934. It was granted the licence to carry on banking business in India by RBI on November 20, 1962. It opened a a rural branch at Vilathikulam, Tamil Nadu in 1968. In 1993, it was registered as Category-1 Merchant Bankers with SEBI and opened first currency chest at Madurai Branch. The Bank was granted licence to deal in foreign exchange in 1999. It launched first ATM, christened as TMB Surabhi, in Chennai in 2004. In 2005, it launched first insurance linked deposit scheme, christened as Siranjeevee Recurring Deposit. It launched SMS banking services and internet banking facilities, christened as TMB E-Connect in 2008. It launched mobile banking facilities in 2012. It signed an agreement for the issuance of PAN cards in 2014. As of June 30, 2021, the Bank had 509 branches, of which 106 branches were in rural, 247 in semi-urban, 80 in urban and 76 in metropolitan centres. It built a strong presence in the state of Tamil Nadu, with 369 branches and 941 automated teller machines (ATMs) and 238 cash recycler machines (CRMs). The Bank offer a wide range of banking and financial services primarily to micro, small and medium enterprises (MSME), agricultural and retail customers, operating in manufacturing, trading and services sector.During 2021-22, the Bank had 509 branches, of which 106 branches were in rural, 247 in semi-urban, 80 in urban and 76 in metropolitan centres. It introduced 9 new ATMs, 22 new CRMs. The Bank's ATM and alternate delivery channel network stood at 1141 ATMs, and 282 CRMs.The Bank launched an initial public offering by issuing 15,840,000 Equity Shares having the face value of Rs 10 per share, by raising funds aggregating to Rs 807.84 Crore through fresh issue in September, 2022. During the year 2022-23, the Bank added 21 new branches and the branch network of the bank increased to 530 branches. In addition to that, the Bank added 50 new ATMs / CRMs and 12 new e-lobbies. The Bank's ATM and alternate delivery channel network stood at 1,149 ATMs, 324 CRMs, 113 e-lobbies, covering 17 States and 4 Union Territories.Total Business has increased to Rs 89,485 Crore in 2024 from Rs 85,348 Crore in 2023. Total Income has moved to Rs 5,493 Crore from Rs 4,710 Crore in 2023. Net profit has surged to Rs 1,072 Crore in 2024 from Rs 1,029 Crore in 2023. In 2023-24, the Bank added 22 new branches and the branch network of the bank increased to 552 branches. In addition to that, the Bank added 8 new ATMs , 34 CRMs and 7 new e-lobbies. The Bank's ATM and alternate delivery channel network stood at 1157 ATMs, 358 CRMs, 126 e-lobbies, covering 17 States and 4 Union Territories.In 2024-25, the Bank added 26 new branches and the branch network of the bank increased to 578 branches. In addition to that, the Bank added 4 new ATMs , 22 CRMs. The Bank's ATM and alternate delivery channel network stood at 1150 ATMs, 380 CRMs, 124 e-lobbies, covering 17 States and 4 Union Territories.Total Business has increased to Rs 98,055 Crore in 2025 from Rs 89,485 Crore in 2024. Total Income has moved to Rs 6,142 Crore from Rs 5,493 Crore in 2025. Net profit has surged to Rs 1,183 Crore in 2025 from Rs 1,072 Crore in 2024. The Bank's Net worth increased to Rs 9,009 crores in 2025 (2024 Rs 7,921 crores) with an absolute rise of Rs 1088 crores registering a growth rate of 13.74%. The aggregate Deposits of the Bank as on March 31,2025 stood at Rs 53,688.96 crores, registering a growth of 8.43% over Rs 49,515.07 crores as on 31.03.2024.In FY 2026, the Bank launched formation of Transaction Banking Group (TBG), Global NRI Center (GNC) and Elite Service Group (ESG) for rapid growth in Deposits, through excellence in service delivery and ease of doing business. Formation of Credit Management Centre (CMC) to handle entire life cycle of advances, with state of the art digital technologies.Total Business has increased to Rs 1,15,091 Crore in 2026 from Rs 98,055 Crore in 2025. Total Income has moved to Rs 6,142 Crore in FY26 from Rs 5,493 Crore in 2025. The aggregate Deposits of the Bank as on March 31,2026 stood at Rs 61,712 crores, registering a growth of 8.43% over Rs 53,688.96 crores as on 31.03.2025. 44 new branches opened during the year 31.03.2026 and the branch network of the Bank has increased to 622 branches. In addition to that, Bank has added 4 ATMs, 44 CRMs. Bank's ATM and alternate delivery channel network stood at 1152 ATMs, 424 CRMs, 121 e-lobbies, covering 17 States and 4 Union Territories.
Chairman & Independent Directo
BALAKRISHNAN PRABAHARAN
Registered office 57 Victoria Extension Road, , Thoothukudi, Tamil Nadu, 628002
FAX :91-461-2325136
Background
Incorporation Year 1921
Face Value ₹10.00
Market Lot 1
FAQs on Tamilnad Mercantile Bank Ltd
How to buy Tamilnad Mercantile Bank Ltd shares?
To buy Tamilnad Mercantile Bank Ltd shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified.
What is the market cap of Tamilnad Mercantile Bank Ltd?
The company has a market capitalization of ₹12,693.45.
What is the PE & PB ratio of Tamilnad Mercantile Bank Ltd?
PE is 9 and PB is 1.205.
What is the Tamilnad Mercantile Bank Ltd dividend for 2025–26?
For the 2025–26 financial year, Tamilnad Mercantile Bank Ltd declared a final dividend of 2.93% per share.