Tamilnad Mercantile Bank Share Price

₹ 784.25

-₹0.60 (-0.08%)

Last updated 03 Nov, 2026, 15:55 IST

NSE: TMB

Tamilnad Mercantile Bank Share Price Today

As of 3 Nov 2026, Tamilnad Mercantile Bank share price is ₹784.25. The stock opened at ₹799.50, compared to its previous close of ₹784.85. During today's trading session, Tamilnad Mercantile Bank share price moved in the range of ₹780.15 to ₹799.50, with an average price of ₹789.83 for the day. Looking at its last 52-week, the stock has touched a low of ₹468.00 and a high of ₹954.20. On the performance front, Tamilnad Mercantile Bank share price has increased by 6.11% over the last six months and is up 57.19% on a year-on-year basis.

₹780.15

0.08% down today

₹799.50

1D LOW

1D HIGH

Tamilnad Mercantile Bank Stock Insights

Stock Performance

OutperformingBeat Nifty by 7.37 % in last 6 month

Shareholding Pattern

DIIDII increased stake by 2.38%

Shareholding Pattern

FIIFII increased stake by 1.91%

Tamilnad Mercantile Bank Stock Insights

Stock Performance

OutperformingBeat Nifty by 7.37 % in last 6 month

Shareholding Pattern

DIIDII increased stake by 2.38%

Shareholding Pattern

FIIFII increased stake by 1.91%

Tamilnad Mercantile Bank stock performance
Open	₹799.50
High	₹799.50
Low	₹780.15
Prev. close	₹784.85

Tamilnad Mercantile Bank trading activity
Volume	95,841
Average traded price	₹787.03
Last traded time	03:55:28 03 Nov
Last traded quantity	225

₹627.90₹941.80

Circuit Low

Circuit High

₹468.00₹954.20

52-Week Low

52-Week High

Circuit

₹627.90

₹941.80

52-week

₹468.00

₹954.20

Mkt Cap Cr

12,684.74

P/E

7.88

P/B

1.15

NIM

3.56%

ROA

1.93%

ROE

14.65%

Net NPA

0.18%

CASA

28.14

Mkt Cap Cr

12,684.74

P/E

7.88

P/B

1.15

NIM

3.56%

ROA

1.93%

ROE

14.65%

Net NPA

0.18%

CASA

28.14

Based on fundamentals, this stock's

Performance

Very Poor

T N Merc. Bank has not beaten FD return of 7%

Valuation

Fairly Valued

T N Merc. Bank appears to be fairly valued compared to its peers

Peer Comparison

Peer comparison — key ratios
Name	Mkt Cap Cr	P/E	P/B	NIM	ROA	ROE	Net NPA	CASA
HDFC Bank	10,68,062.15	12.9	1.79	3.28%	1.94%	13.75%	0.38%	34.0
ICICI Bank	10,01,028.52	15.83	2.59	3.47%	2.33%	16.02%	0.35%	38.6
SBI	9,11,076.68	10.16	1.55	2.42%	1.07%	14.17%	0.39%	39.46
Kotak Mahindra Bank	4,58,597.33	21.21	2.34	3.89%	2.06%	11.0%	0.25%	43.3
Axis Bank	3,76,492.12	12.53	1.64	3.24%	1.45%	12.97%	0.37%	40.0
Union Bank of India	1,41,374.38	6.45	1.04	2.41%	1.25%	14.77%	0.48%	35.21
PNB	1,41,535.60	6.17	0.94	2.2%	0.89%	13.24%	0.29%	37.0
Bank of Baroda	1,26,956.94	6.35	0.73	2.64%	1.0%	11.02%	0.45%	38.9
Indian Bank	1,16,512.38	8.77	1.45	2.9%	1.25%	14.91%	0.15%	39.67
Canara Bank	1,07,351.16	5.31	0.89	2.07%	1.11%	15.07%	0.43%	29.84

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

Tamilnad Mercantile Bank Company Background

ISIN

INE668A01016

Sector Market Cap

₹ 12,684.74 Cr

Tamilnad Mercantile Bank Limited (the Bank) is engaged in providing banking and financial services, including retail, corporate banking, and para-banking activities, as well as treasury and foreign exchange business. Its segments include Treasury segment, which comprises investments in central and state government securities, debt instruments of banks, financial institutions, insurance companies, public sector units, corporates, certificates of deposit, equity shares, and mutual funds. The Corporate and Wholesale Banking segment focuses on advances to trusts, partnership firms, companies, and statutory bodies. The Retail Banking segment provides fund lending and other banking services to any legal person including small business customers, on the basis of the borrower, nature of the product, granularity of the exposure and quantum thereof. The Other Banking Operations segment cover para-banking services activities like bancassurance, demat services, and other banking transactions.

Tamilnad Mercantile Bank Financial Highlights

Revenue: Tamilnad Mercantile Bank reported revenue of ₹6,696.49 crore in FY26 vs ₹6,141.75 crore in FY25. It showed an increase of 9.03% on a yearly basis.
Operating Profit: Tamilnad Mercantile Bank reported an operating profit of ₹1,806.60 crore in FY26 vs ₹1,574.89 crore in FY25. It showed an increase of 14.71% on a year-on-year basis.
Net Profit: Tamilnad Mercantile Bank reported a net profit of ₹1,337.55 crore in FY26 vs ₹1,182.61 crore in FY25. It showed an increase of 13.10% on a yearly basis.

Tamilnad Mercantile Bank Quarterly Result Highlights

Tamilnad Mercantile Bank reported revenue of ₹2,052.40 crore in Sep 2026, compared with ₹1,900.79 crore in Jun 2026, representing an increase of 7.98% on a quarter-on-quarter (QoQ) basis.
Tamilnad Mercantile Bank reported an operating profit of ₹608.13 crore in Sep 2026, compared with ₹557.14 crore in Jun 2026, representing an increase of 9.15% on a quarter-on-quarter (QoQ) basis.
Tamilnad Mercantile Bank reported a profit of ₹451.14 crore in Sep 2026, compared with ₹411.51 crore in Jun 2026, reflecting an increase of 9.63% on a QoQ basis.
The earnings per share (EPS) of Tamilnad Mercantile Bank stood at ₹84.47 during Sep 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Promoters

0.00%

FII

6.86%

Other DII

1.41%

Retail and other

91.07%

Mutual funds

0.66%

Foreign Institutional Investor (FII)

FII shareholding by period
Dec 2025	4.95%
Mar 2026	6.19%
Jun 2026	6.73%
Sep 2026	6.86%

Tamilnad Mercantile Bank Investment Returns

1 day

-2.06%

1 week

-2.39%

1 month

-10.00%

1 year

+57.19%

3 years

+43.94%

5 years

+54.00%

Tamilnad Mercantile Bank Share Price History

Tamilnad Mercantile Bank share price history by day, showing open and close prices and the percentage change
Day	Open / Close	Change %
02 Nov 26	₹807.00 / ₹784.85	-2.06%
30 Oct 26	₹808.00 / ₹801.35	-1.29%
29 Oct 26	₹792.95 / ₹811.85	+2.66%
28 Oct 26	₹806.65 / ₹790.80	-1.96%
27 Oct 26	₹821.95 / ₹806.65	+0.32%
26 Oct 26	₹804.70 / ₹804.05	+0.42%
23 Oct 26	₹843.00 / ₹800.65	-4.83%
22 Oct 26	₹854.05 / ₹841.25	-1.01%
21 Oct 26	₹868.35 / ₹849.80	-2.14%
19 Oct 26	₹857.30 / ₹868.35	+1.29%

Tamilnad Mercantile Bank Financials

Full statement

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Other Income	₹877.08	₹850.49	₹644.95	₹629.11
Total Revenue	₹6,696.49	₹6,141.75	₹5,492.86	₹4,710.15
Total Expenses	₹4,889.89	₹4,566.87	₹4,099.27	₹3,316.51
Profit Before Tax	₹1,806.60	₹1,574.89	₹1,393.58	₹1,393.64
Tax	₹469.05	₹392.28	₹321.55	₹364.38
Profit After Tax	₹1,337.55	₹1,182.61	₹1,072.03	₹1,029.26
EPS - Basic	₹84.47	₹74.68	₹67.70	₹68.06
EPS - Diluted	₹84.47	₹74.68	₹67.70	₹68.06

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Profit before tax	₹1,337.55	₹1,182.61	₹1,072.03	₹1,029.26
Income before WC changes	₹1,947.41	₹1,831.45	₹1,477.57	₹1,626.63
Change in Assets	-₹8,570.96	-₹3,608.55	-₹3,330.63	-₹4,910.08
Change in Liabilities	₹6,968.68	₹4,047.94	₹1,557.52	₹2,375.66
Change in WC	-₹1,602.28	₹439.39	-₹1,773.11	-₹2,534.43
Cash flow from Operations	-₹100.87	₹1,898.84	-₹610.54	-₹1,269.80
Cash flow from Investing	-₹118.25	-₹99.21	-₹100.30	-₹88.60
Cash flow from Financing	₹25.81	-₹959.50	₹696.98	₹1,088.38
Total Cash Flow	-₹193.31	₹840.12	-₹13.86	-₹270.02
Cash (Start of the year)	₹4,408.25	₹3,568.12	₹3,581.99	₹3,852.00
Cash (End of the year)	₹4,214.94	₹4,408.25	₹3,568.12	₹3,581.99

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Total Assets	₹75,299.60	₹66,449.87	₹61,552.46	₹57,895.37
Equity Capital	₹10,110.16	₹9,008.69	₹7,921.20	₹6,928.35
Total Equity & Liabilities	₹75,299.60	₹66,449.87	₹61,552.46	₹57,895.37