TAMILNAD MERCA BANK LTD (TMB) financials

TAMILNAD MERCA BANK LTD (TMB) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs).[1]

Market Cap: ₹13,457Cr.
Current Price: ₹850
Stock P/E: 9.32
ROE: 14.0%
ROCE: 7.51%
Book Value: ₹667
Dividend Yield: 1.47%
52W High / Low: ₹955/444

In Jun 2026, TAMILNAD MERCA BANK LTD (TMB) reported sales ₹1,662 Cr and net profit ₹412 Cr.

Annual TTM: sales ₹6,096 Cr, net profit ₹1,444 Cr.

Shareholding: FIIs 6.85% (Sep 2026), DIIs 2.07% (Sep 2026), Public 91.06% (Sep 2026), No. of Shareholders 1,19,980% (Sep 2026).

TMB quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1,337	1,331	1,342	1,386	1,413	1,469	1,550	1,662
Interest	741	761	774	807	816	823	846	897
Expenses	423	355	382	407	373	375	443	446
Financing Profit	173	216	186	173	224	271	262	319
Financing Margin %	13%	16%	14%	12%	16%	18%	17%	19%
Other Income	227	189	200	231	208	196	242	238
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	400	404	387	404	432	467	504	557
Tax %	24%	26%	25%	25%	27%	27%	26%	26%
Net Profit	303	300	292	305	318	342	374	412
EPS in Rs	19.15	18.96	18.43	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%
Raw PDF	—	—	—	—	—	—	—	—

TMB profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	3,466	3,609	3,834	4,081	4,848	5,291	5,819	6,096
Interest	2,147	2,072	2,019	1,987	2,697	2,990	3,292	3,383
Expenses	1,231	1,355	1,470	1,276	1,327	1,490	1,505	1,637
Financing Profit	89	183	346	818	824	811	1,022	1,076
Financing Margin %	3%	5%	9%	20%	17%	15%	18%	18%
Other Income	526	644	812	629	645	850	877	884
Depreciation	30	29	33	54	75	86	93	0
Profit before tax	585	798	1,125	1,394	1,394	1,575	1,807	1,960
Tax %	30%	24%	27%	26%	23%	25%	26%	—
Net Profit	408	603	822	1,029	1,072	1,183	1,338	1,444
EPS in Rs	28.61	42.34	57.67	65.00	67.70	74.68	84.47	91.21
Dividend Payout %	0%	0%	9%	8%	15%	15%	15%	—

TMB balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	143	143	143	143	158	158	158	158
Reserves	3,476	3,837	4,437	5,193	6,770	7,763	8,850	9,952
Deposits	35,136	36,825	40,970	44,933	47,766	49,515	53,689	61,712
Borrowing	0	324	0	0	525	1,301	500	700
Other Liabilities	1,719	1,604	1,948	2,559	2,646	2,815	3,252	2,777
Total Liabilities	40,473	42,733	47,499	52,828	57,866	61,552	66,450	75,300
Fixed Assets	138	128	137	211	246	271	284	311
CWIP	0	0	0	0	0	0	0	0
Investments	9,107	9,467	11,703	13,242	14,156	15,263	15,101	15,693
Other Assets	31,228	33,137	35,658	39,374	43,464	46,019	51,065	59,296
Total Assets	40,473	42,733	47,499	52,828	57,866	61,552	66,450	75,300

TMB cash flows (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	567	-670	1,325	-1,270	-611	1,899	-101
Cash from Investing Activity	-20	-37	-107	-89	-100	-99	-118
Cash from Financing Activity	269	-324	-71	1,088	697	-960	26
Net Cash Flow	816	-1,031	1,147	-270	-14	840	-193
Free Cash Flow	547	-707	1,218	-1,358	-711	1,800	-219

TMB shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
FIIs	4.12%	4.22%	4.58%	4.65%	4.95%	6.19%	6.73%	6.85%
DIIs	2.67%	2.66%	2.40%	2.41%	2.47%	1.91%	1.96%	2.07%
Public	93.22%	93.12%	93.03%	92.94%	92.58%	91.91%	91.32%	91.06%
No. of Shareholders	1,23,233	1,27,154	1,25,220	1,24,440	1,19,203	1,17,065	1,17,147	1,19,980

TMB key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	7%	11%	14%	17%	17%	14%	14%	14%

TMBUpdated 22 Oct 2026, 6:13

Tamilnad Merca Bank Ltd

TMBUpdated 22 Oct 2026, 6:13

Market Cap

₹13,457Cr.

Current Price

₹850

High / Low

₹955/444

Stock P/E

9.32

ROE14.0%

ROCE7.51%

Book Value₹667

Face Value₹10.0

Dividend Yield1.47%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Revenue	Interest	Expenses	Financing Profit	Financing Margin %	Other Income	Profit Before Tax	Tax	Net Profit	EPS (₹)	Gross NPA	Net NPA
Jun 2023	1156	642	340	174	15	167	341	23	261	16.5	1.56	0.66
Sep 2023	1209	676	347	186	15	156	342	20	274	17.27	1.7	0.99
Dec 2023	1229	692	327	210	17	158	368	23	284	17.95	1.69	0.98
Mar 2024	1254	687	388	179	14	164	343	26	253	15.98	1.44	0.85
Jun 2024	1281	715	417	150	12	234	383	25	287	18.14	1.44	0.65
Sep 2024	1337	741	423	173	13	227	400	24	303	19.15	1.37	0.46
Dec 2024	1331	761	355	216	16	189	404	26	300	18.96	1.32	0.41
Mar 2025	1342	774	382	186	14	200	387	25	292	18.43	1.25	0.36
Jun 2025	1386	807	407	173	12	231	404	25	305	19.25	1.22	0.33
Sep 2025	1413	816	373	224	16	208	432	27	318	20.05	1.01	0.26
Dec 2025	1469	823	375	271	18	196	467	27	342	21.57	0.91	0.2
Mar 2026	1550	846	443	262	17	242	504	26	374	23.6	0.73	0.18
Jun 2026	1662	897	446	319	19	238	557	26	412	25.99	0.69	0.17

Profit & loss

Annual statement₹ Cr.

Year	Revenue	Interest	Expenses	Financing Profit	Financing Margin %	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2018	3250	2041	1366	-157	-5	506	40	310	28	222	15.57
Mar 2019	3224	1994	1350	-120	-4	414	36	259	0	259	18.14
Mar 2020	3466	2147	1231	89	3	526	30	585	30	408	28.61
Mar 2021	3609	2072	1355	183	5	644	29	798	24	603	42.34
Mar 2022	3834	2019	1470	346	9	812	33	1125	27	822	57.67
Mar 2023	4081	1987	1276	818	20	629	54	1394	26	1029	65
Mar 2024	4848	2697	1327	824	17	645	75	1394	23	1072	67.7
Mar 2025	5291	2990	1490	811	15	850	86	1575	25	1183	74.68
Mar 2026	5819	3292	1505	1022	18	877	93	1807	26	1338	84.47
TTM	6096	3383	1637	1076	18	884	0	1960	—	1444	91.21

Shareholding pattern

As of Sep 2026%

Holder	Share
FIIs	6.85%
DIIs	2.07%
Public	91.06%

Shareholding trend

Ownership over time%

Quarter	FIIs	DIIs	Public
Dec 2023	3.13%	3.2%	93.68%
Mar 2024	3.45%	2.75%	93.79%
Jun 2024	3.67%	2.73%	93.59%
Sep 2024	4.08%	2.22%	93.69%
Dec 2024	4.12%	2.67%	93.22%
Mar 2025	4.22%	2.66%	93.12%
Jun 2025	4.58%	2.4%	93.03%
Sep 2025	4.65%	2.41%	92.94%
Dec 2025	4.95%	2.47%	92.58%
Mar 2026	6.19%	1.91%	91.91%
Jun 2026	6.73%	1.96%	91.32%
Sep 2026	6.85%	2.07%	91.06%

Balance sheet

Assets & liabilities₹ Cr.

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

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2018	-389	-26	472	58
Mar 2019	0	0	0	0
Mar 2020	567	-20	269	816
Mar 2021	-670	-37	-324	-1031
Mar 2022	1325	-107	-71	1147
Mar 2023	-1270	-89	1088	-270
Mar 2024	-611	-100	697	-14
Mar 2025	1899	-99	-960	840
Mar 2026	-101	-118	26	-193

Key ratios

Historical financial ratios

Category	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	7%	7%	11%	14%	17%	17%	14%	14%	14%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of TAMILNAD MERCA BANK LTD (TMB)?

The reported market capitalisation for TAMILNAD MERCA BANK LTD (TMB) is ₹13,457Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of TMB?

The current price shown for TAMILNAD MERCA BANK LTD (TMB) on Fincrux is ₹850 with a 52-week high/low of ₹955/444.

What is the P/E ratio of TAMILNAD MERCA BANK LTD (TMB)?

The stock P/E for TAMILNAD MERCA BANK LTD (TMB) is 9.32 on Fincrux, with ROE at 14.0% and ROCE at 7.51%.

What were TMB latest quarterly results?

For Jun 2026, TAMILNAD MERCA BANK LTD (TMB) reported sales ₹1,662 Cr and net profit ₹412 Cr (figures in ₹ crore unless noted).

What are TMB annual sales and net profit?

For TTM, TAMILNAD MERCA BANK LTD (TMB) shows sales of ₹6,096 Cr and net profit of ₹1,444 Cr on the Fincrux profit & loss statement.

Who owns TAMILNAD MERCA BANK LTD (TMB)?

Latest shareholding for TAMILNAD MERCA BANK LTD (TMB) on Fincrux: FIIs 6.85% (Sep 2026), DIIs 2.07% (Sep 2026), Public 91.06% (Sep 2026), No. of Shareholders 1,19,980% (Sep 2026).

Where can I find TAMILNAD MERCA BANK LTD (TMB) financials?

TAMILNAD MERCA BANK LTD (TMB) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show TMB balance sheet and cash flow?

Yes. The TAMILNAD MERCA BANK LTD (TMB) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 22 October 2026 at 6:13