Tamilnad Mercantile Bank Limited
Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through the Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading accounts, portfolio management, POS terminal, e-tax payment, online bill payment, mutual fund, insurance, sovereign gold bond scheme, forex, and Internet and mobile banking services. It also provides home, car, two-wheeler, personal, LAP, pension, pharma and healthcare, education, gold, jewelry, commercial vehicles, traders and services, MSME, rice and dhall mill, doctor, agricultural, green energy, and Mahalir loans, as well as loans against sovereign gold bonds and secured overdraft facilities; NRI products; and microenterprise and pharma finance. The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited on November 26, 1962. Tamilnad Mercantile Bank Limited was incorporated in 1921 and is headquartered in Thoothukudi, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 21.3%
Concerns1
- Other income is 46.3% of PBT β a large share of earnings is non-operating
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 8 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ5.29 K Cr | β | βΉ1.18 K Cr | β | β | β | 9.1% | 10.4% |
| Mar 2024 | βΉ4.85 K Cr | β | βΉ1.07 K Cr | β | β | β | 18.8% | 4.2% |
| Mar 2023 | βΉ4.08 K Cr | β | βΉ1.03 K Cr | β | β | β | 6.4% | 25.2% |
| Mar 2022 | βΉ3.83 K Cr | β | βΉ822.00 Cr | β | β | β | 6.2% | 36.3% |
| Mar 2021 | βΉ3.61 K Cr | β | βΉ603.00 Cr | β | β | β | 4.1% | 47.8% |
| Mar 2020 | βΉ3.47 K Cr | β | βΉ408.00 Cr | β | β | β | 7.5% | 57.5% |
| Mar 2019 | βΉ3.22 K Cr | β | βΉ259.00 Cr | β | β | β | -0.8% | 16.7% |
| Mar 2018 | βΉ3.25 K Cr | β | βΉ222.00 Cr | β | β | β | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue | 5,472 |
| Finance Costs | 3,157 |
| Total Expenses | 1,516 |
| Financing Profit | 799 |
| Financing Margin % | 15% |
| Other Income | 829 |
| Depreciation & Amortisation | 0 |
| Profit Before Tax | 1,628 |
| Tax % | - |
| Net Profit / PAT | 1,215 |
| EPS (βΉ) | 76.69 |
| Dividend Payout % | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Tamilnad Mercantile Bank Limitedthis co. | βΉ8.97 K Cr | βΉ5.29 K Cr | 7.39 | 0.95 | 0.00 | 9.1% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |