T N Merc. Bank

Why is Tamilnad Mercantile Bank Ltd falling/rising?

As of 16-Aug, Tamilnad Mercantile Bank Ltd's stock price is rising to 848.15, following a trend reversal after three days of decline. The stock has shown strong performance with an 8.87% increase over the past month and a year-to-date surge of 65.07%, supported by positive financial indicators and increased institutional investor confidence.

As of 16-Aug, Tamilnad Mercantile Bank Ltd's stock price is rising, currently at 848.15, with a change of 3.55 (0.42%) upward. This increase follows a trend reversal, as the stock has gained after three consecutive days of decline. Additionally, the stock outperformed its sector by 0.46% today and reached an intraday high of Rs 862.15, reflecting a 2.08% increase.<BR><BR>The stock has shown strong performance over the past month, with an increase of 8.87%, significantly outperforming the Sensex, which rose only 1.24% in the same period. Year-to-date, the stock has surged by 65.07%, while the Sensex has declined by 8.46%. Over the past year, Tamilnad Mercantile Bank Ltd has delivered an impressive return of 97.91%, compared to a decline of 3.21% in the Sensex.<BR><BR>Positive financial indicators contribute to the stock's rise. The bank reported a growth in operating profit of 16.99% and has declared positive results for four consecutive quarters. Its gross non-performing assets (NPA) are at a low of 0.69%, and net interest income (NII) reached Rs 765.08 crore. The bank's profit after tax (PAT) for the latest six months grew by 31.56%, further enhancing its attractiveness to investors.<BR><BR>Moreover, institutional investors have increased their stake in the company by 0.58% over the previous quarter, indicating growing confidence in the bank's fundamentals. The bank's high capital adequacy ratio of 26.80% provides a strong buffer against risks, making it an appealing investment option.<BR><BR>Overall, the combination of strong financial performance, positive investor sentiment, and a recent trend reversal has contributed to the rising stock price of Tamilnad Mercantile Bank Ltd.

Which are the latest news on T N Merc. Bank?

Who are in the management team of T N Merc. Bank?

The management team of T N Merc. Bank includes Chairman Balakrishnan Prabaharan, Managing Director & CEO S Krishnan, and several Non Executive and Independent Directors, along with nominees from the RBI and a Company Secretary, totaling 15 members with diverse expertise.

The management team of T N Merc. Bank includes the following members:<BR><BR>1. **Balakrishnan Prabaharan** - Chairman & Independent Director<BR>2. **S Krishnan** - Managing Director & CEO<BR>3. **Niranjan Sankar Annamalai** - Non Executive Director<BR>4. **P C G Asok Kumar** - Non Executive Director<BR>5. **Ashok Shanmugam Rajendran** - Non Executive Director<BR>6. **Dhanushkodi N Nirranjan Kani** - Non Executive Director<BR>7. **Chiranjeevi Raj C.** - Independent Non Executive Director<BR>8. **Shivavel Ezhil Jothi** - Independent Non Executive Director<BR>9. **Balasubramanian Vijayadurai** - Independent Non Executive Director<BR>10. **Nagarajan Kandavel** - Independent Non Executive Director<BR>11. **B S Keshava Murthy** - Director<BR>12. **Babu Suresh Kumar S.** - Nominee (RBI)<BR>13. **C S Ram Kumar** - Nominee (RBI)<BR>14. **S Ravindran** - Independent Non Executive Director<BR>15. **Prakash Chandra Panda** - Company Secretary<BR><BR>This diverse team brings a range of expertise to the bank's governance and operations.

What does T N Merc. Bank do?

Tamilnad Mercantile Bank Ltd is a private sector bank established in 1921, primarily operating in the small-cap market segment, with recent net sales of ₹1,662.43 Cr and net profit of ₹412 Cr as of June 2026. The bank has a market capitalization of ₹13,519 Cr and a dividend yield of 1.46%.

Overview:<BR>Tamilnad Mercantile Bank Ltd is a private sector bank operating in the small-cap market segment.<BR><BR>History:<BR>The bank was incorporated on May 11, 1921, under the name 'Nadar Bank Limited' in Thoothukudi, Tamil Nadu. The latest quarterly results reported are for June 2026, showing sales and profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,662.43 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 412 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 13,519 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: N/A <BR>Dividend Yield: 1.46% <BR>Debt-Equity: N/A <BR>ROE: N/A <BR>Price-to-Book: N/A <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: Not available. <BR>Email: Not available. <BR>Website: Not available.

Who are the peers of the T N Merc. Bank?

T N Merc. Bank's peers include RBL Bank, Karur Vysya Bank, Bandhan Bank, City Union Bank, J&K Bank, South Ind. Bank, Karnataka Bank, DCB Bank, CSB Bank, and Dhanlaxmi Bank. T N Merc. Bank has the highest 1-year return at 96.44% among its peers, while Bandhan Bank has the lowest at 6.34%.

Peers: The peers of T N Merc. Bank are RBL Bank, Karur Vysya Bank, Bandhan Bank, City Union Bank, J&K Bank, South Ind.Bank, Karnataka Bank, DCB Bank, CSB Bank, and Dhanlaxmi Bank.<BR><BR>Quality Snapshot: Excellent management risk is observed at Karur Vysya Bank, while Average management risk is found at T N Merc. Bank and RBL Bank. Good management risk is noted at Bandhan Bank, City Union Bank, J&K Bank, South Ind.Bank, Karnataka Bank, and DCB Bank. For growth, Excellent growth is seen at Karur Vysya Bank, while Average growth is found at T N Merc. Bank and Bandhan Bank. Good growth is noted at RBL Bank, City Union Bank, J&K Bank, South Ind.Bank, Karnataka Bank, and DCB Bank. Excellent capital structure is observed at RBL Bank, Karur Vysya Bank, Bandhan Bank, City Union Bank, South Ind.Bank, Karnataka Bank, and CSB Bank, while T N Merc. Bank has an Excellent capital structure.<BR><BR>Return Snapshot: T N Merc. Bank has a 1-year return of 96.44%, which is the highest among its peers, while Bandhan Bank has the lowest at 6.34%. The 1-year return of T N Merc. Bank significantly exceeds that of all its peers. Additionally, DCB Bank and CSB Bank have negative six-month returns.

How big is T N Merc. Bank?

As of 14th August, Tamilnad Mercantile Bank Ltd has a market capitalization of 13,448.00 Cr and total assets of 75,418.87 Cr, with net profit for the latest four quarters reported at 1,444.17 Cr. There is no valid sales data available for the latest quarters.

As of 14th August, <BR><BR>Market Cap: Tamilnad Mercantile Bank Ltd has a market capitalization of 13,448.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The company reported net sales of 0.00 Cr for the latest quarters, indicating no valid sales data found. The net profit for the latest four quarters is 1,444.17 Cr.<BR><BR>Balance Sheet Snapshot: The latest reporting period for the balance sheet is March 2026. Shareholder's funds are valued at 10,110.16 Cr, while total assets amount to 75,418.87 Cr.

Are Tamilnad Mercantile Bank Ltd latest results good or bad?

Tamilnad Mercantile Bank Ltd's latest Q1 FY27 results are strong, with a net profit of ₹411.51 crores (up 34.97% year-on-year) and improved asset quality, as evidenced by a Gross NPA ratio of 0.69%. Overall, the bank is performing well with expanding margins and effective credit management.

Tamilnad Mercantile Bank Ltd's latest results for Q1 FY27 are quite strong, indicating a positive performance overall. The bank reported a net profit of ₹411.51 crores, which represents a significant year-on-year growth of 34.97%. Additionally, net interest income rose to ₹765.08 crores, marking a 32.01% increase compared to the same quarter last year.<BR><BR>One of the standout features of this quarter's results is the improvement in asset quality, with the Gross NPA ratio falling to an impressive 0.69%, the lowest ever for the bank. The Net NPA ratio is also low at just 0.17%, demonstrating effective credit management. Furthermore, the bank's net interest margin (NIM) has expanded to 4.29%, reflecting strong pricing power and operational efficiency.<BR><BR>Overall, the combination of robust profit growth, improved asset quality, and expanding margins suggests that Tamilnad Mercantile Bank is performing well and is positioned favorably within the banking sector.

Should I buy, sell or hold Tamilnad Mercantile Bank Ltd?

When is the next results date for Tamilnad Mercantile Bank Ltd?

The next results date for Tamilnad Mercantile Bank Ltd is July 27, 2026.

The next results date for Tamilnad Mercantile Bank Ltd is scheduled for July 27, 2026.

Is T N Merc. Bank technically bullish or bearish?

As of November 4, 2025, T N Merc. Bank's trend has shifted to bullish, supported by a bullish MACD and moving averages, though caution is advised due to a mildly bearish monthly MACD.

As of 4 November 2025, the technical trend for T N Merc. Bank has changed from sideways to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart and bullish moving averages on the daily chart. Additionally, the Bollinger Bands and Dow Theory both indicate a mildly bullish outlook on the weekly and monthly time frames. However, the monthly MACD remains mildly bearish, which suggests some caution. Overall, the positive price action, including today's high surpassing the previous close, supports the bullish sentiment.

How has been the historical performance of T N Merc. Bank?

T N Merc. Bank has shown consistent growth from Mar'20 to Mar'25, with interest earned rising from 3,466.11 Cr to 5,291.26 Cr, net interest income increasing from 1,319.52 Cr to 2,300.92 Cr, and profit after tax growing from 407.69 Cr to 1,182.61 Cr, alongside a significant rise in total assets and improved liquidity.

Answer:<BR>The historical performance of T N Merc. Bank shows a consistent growth trajectory in various financial metrics over the years.<BR><BR>Breakdown:<BR>T N Merc. Bank's interest earned increased from 3,466.11 Cr in Mar'20 to 5,291.26 Cr in Mar'25, reflecting a steady upward trend. The bank's net interest income also rose significantly, from 1,319.52 Cr in Mar'20 to 2,300.92 Cr in Mar'25. Total income followed suit, climbing from 3,992.58 Cr in Mar'20 to 6,141.75 Cr in Mar'25. Despite an increase in interest expended from 2,146.59 Cr in Mar'20 to 2,990.34 Cr in Mar'25, the profit before tax improved from 407.69 Cr to 1,574.89 Cr in the same period. Profit after tax also saw a notable rise, reaching 1,182.61 Cr in Mar'25 compared to 407.69 Cr in Mar'20. The bank's total assets grew from 42,758.80 Cr in Mar'20 to 66,559.57 Cr in Mar'25, while total liabilities increased from 42,758.80 Cr to 66,559.57 Cr as well. Cash and cash equivalents at the end of Mar'25 stood at 4,408.00 Cr, up from 3,736.00 Cr in Mar'20, indicating improved liquidity. Overall, T N Merc. Bank has demonstrated strong growth in income, profitability, and asset base over the years.

Who are the top shareholders of the T N Merc. Bank?

The top shareholders of T N Merc. Bank include individual investors holding 58.04% of shares, 108 foreign institutional investors with 4.58%, and a public shareholder in "Bucket 1 (court Cases)" holding 8.87%. There are no pledged promoter holdings or major promoters listed.

The top shareholders of T N Merc. Bank include a significant portion of individual investors, who hold 58.04% of the shares. Additionally, there are 108 foreign institutional investors (FIIs) with a combined holding of 4.58%. The highest public shareholder is categorized as "Bucket 1 (court Cases)," holding 8.87%. Notably, there are no pledged promoter holdings, and there are no major promoters with significant holdings listed. The bank's majority shareholders are classified as non-institutional.

Is T N Merc. Bank overvalued or undervalued?

As of January 21, 2025, T N Merc. Bank is considered very attractive due to its undervaluation, reflected in a PE ratio of 6.10 and a PEG ratio of 0.59, significantly lower than its peers HDFC Bank and ICICI Bank, despite a recent underperformance compared to the Sensex.

As of 21 January 2025, T N Merc. Bank's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The bank appears to be undervalued, supported by a PE ratio of 6.10, a price-to-book value of 0.80, and a PEG ratio of 0.59. These ratios suggest that the bank is trading at a discount compared to its earnings growth potential.<BR><BR>In comparison to its peers, T N Merc. Bank stands out with a much lower PE ratio than HDFC Bank Ltd. at 22.51 and ICICI Bank Ltd. at 22.01, both of which are considered expensive. Additionally, T N Merc. Bank's PEG ratio of 0.59 is significantly lower than that of its peers, reinforcing its undervaluation. While the stock has underperformed the Sensex over the past year with a return of -3.18% compared to the Sensex's 7.56%, the current valuation metrics suggest that the bank presents a compelling investment opportunity.

Has T N Merc. Bank declared dividend?

Yes, Tamilnad Mercantile Bank Ltd has declared a 50% dividend, amounting to ₹5 per share, with an ex-date of August 29, 2023. However, the dividend yield is 0%, and total returns over various periods have shown mixed results, with a decline in the short term.

Tamilnad Mercantile Bank Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5<BR>- Ex-date: 29 Aug 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -6.69%, the dividend return was 0%, resulting in a total return of -6.69%.<BR><BR>Over the past year, the price return was -3.08%, the dividend return was 0%, leading to a total return of -3.08%.<BR><BR>In the 2-year period, the price return was 10.08%, the dividend return was 1.17%, culminating in a total return of 11.25%.<BR><BR>For the 3-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>For the 5-year period, the price return was 0%, the dividend return was 0%, culminating in a total return of 0.0%.<BR><BR>Overall, while Tamilnad Mercantile Bank Ltd has declared a dividend, the total returns over various periods show mixed results, with a notable decline in the short term and a positive return over the longer 2-year period. The dividend yield remains at 0%, indicating that the recent dividend declaration has not significantly impacted the yield.