Tamilnad Mercantile Bank, 543596, TMB Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

7,725.18
7.21
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

6,147.60
2.05%
0.98

Chart

Price | P:E | P:BV | EV:EBITDA | EPS

NII CAGR (%)

10 Years
5 Years
3 Years

25.22
-
37.77

EBITDA CAGR (%)

10 Years
5 Years
3 Years

13.09
-
19.49

PAT CAGR (%)

10 Years
5 Years
3 Years

1.09
1.09

P:E (Median)

8 Years
5 Years
3 Years

P:BV (Average)

8 Years
5 Years
3 Years

EV:EBITDA (Average)

8 Years
5 Years
3 Years

Quarterly Results

Standalone Figures in Rs. Crores

Description Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var%
Interest Earned 1,253.71 1,070.08 17.16% 1,229.15 1,012.12 21.44% 1,209.16 996.69 21.32% 1,155.89 1,002.15 15.34%
Interest Exp. 686.66 542.80 26.50% 692.12 477.85 44.84% 676.43 488.14 38.57% 641.81 478.13 34.23%
Net Interest Income 567.05 527.28 7.54% 537.03 534.27 0.52% 532.73 508.55 4.75% 514.08 524.02 -1.90%
NIM 4.11 4.46 -7.85% 4.08 4.50 -9.33% 4.10 4.47 -8.28% 4.00 4.54 -11.89%
Other Income 163.90 183.93 -10.89% 157.98 160.76 -1.73% 156.06 144.80 7.78% 167.00 139.62 19.61%
Total Income 1,417.61 1,254.01 13.05% 1,387.13 1,172.88 18.27% 1,365.22 1,141.49 19.60% 1,322.89 1,141.77 15.86%
Operating Exp. 364.40 306.80 18.77% 324.81 290.23 11.91% 323.67 264.12 22.55% 301.17 289.24 4.12%
Operating Profit 366.55 404.41 -9.36% 370.20 404.80 -8.55% 365.12 389.23 -6.19% 379.91 374.40 1.47%
Provision 23.54 57.18 -58.83% 2.37 32.92 -92.80% 23.29 33.88 -31.26% 39.00 55.22 -29.37%
PBT 343.01 347.23 -1.22% 367.83 371.88 -1.09% 341.83 355.35 -3.80% 340.91 319.18 6.81%
PBTM 27.36 32.45 -15.69% 29.93 36.74 -18.54% 28.27 35.65 -20.70% 29.49 31.85 -7.41%
TAX 89.95 94.18 -4.49% 83.60 92.18 -9.31% 68.32 93.05 -26.58% 79.68 84.97 -6.23%
PAT 253.06 253.05 0.00% 284.23 279.70 1.62% 273.51 262.30 4.27% 261.23 234.21 11.54%
PATM 20.18% 23.65% 23.12% 27.64% 22.62% 26.32% 22.60% 23.37%
EPS 15.98 15.98 0.00% 17.95 17.66 1.64% 17.27 16.56 4.29% 16.50 16.43 0.43%
Gross NPA 575.06 521.46 10.28% 649.13 591.08 9.82% 643.84 593.34 8.51% 580.72 572.15 1.50%
Gross NPA% 1.44 1.39 3.60% 1.69 1.70 -0.59% 1.70 1.70 0.00% 1.56 1.69 -7.69%
Net NPA 335.82 229.82 46.12% 375.34 259.10 44.86% 371.90 295.97 25.65% 243.65 310.92 -21.64%
Net NPA% 0.85 0.62 37.10% 0.98 0.75 30.67% 0.99 0.86 15.12% 0.66 0.93 -29.03%
CASA 30.00 29.00 3.45% 30.00 29.58 1.42% 28.00 30.58 -8.44% 28.00 31.00 -9.68%

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Interest Earned 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest Exp. 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Net Interest Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
NIM 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Total Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Operating Exp. 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Operating Profit 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Provision 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBTM 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
TAX 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Gross NPA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Gross NPA% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Net NPA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Net NPA% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
CASA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Net Interest Income 2,150.89 2,094.12 1,815.23 1,537.53 1,319.52 1,150.81 1,044.01 883.43 882.18 859.53 650.37 Interest Earned 4,847.91 4,081.04 3,833.86 3,609.05 3,466.11 3,380.96 3,252.17 2,835.53 2,702.66 2,470.37 1,882.39 Interest Expended 2,697.02 1,986.92 2,018.63 2,071.52 2,146.59 2,230.15 2,208.16 1,952.10 1,820.48 1,610.84 1,232.02 Int. income Growth 2.71% 15.36% 18.06% 16.52% 14.66% 10.23% 18.18% 0.14% 2.64% 32.16% Other Income 644.94 629.11 812.26 644.35 526.42 430.51 318.50 291.88 220.13 248.72 231.66 Total Income 5,492.85 2,723.23 2,627.49 2,181.88 1,845.94 1,581.32 1,362.51 1,175.31 1,102.31 1,108.25 882.03 Total Expenditure 1,314.05 1,275.67 1,469.69 1,354.96 1,408.17 1,048.70 780.01 599.20 778.60 453.93 424.05 Employee Cost - 618.67 615.79 560.50 435.54 377.84 349.95 315.24 283.86 242.25 212.90 % Of Sales - 15.16% 16.06% 15.53% 12.57% 11.18% 10.76% 11.12% 10.50% 9.81% 11.31% Opt. & Establishment Exp. - 585.64 528.44 447.72 445.46 368.01 320.46 286.46 228.34 193.25 146.84 % Of Sales - 14.35% 13.78% 12.41% 12.85% 10.88% 9.85% 10.10% 8.45% 7.82% 7.80% Provisions - 179.20 391.84 403.86 587.33 383.41 176.50 65.02 312.28 52.37 85.71 % Of Sales - 4.39% 10.22% 11.19% 16.94% 11.34% 5.43% 2.29% 11.55% 2.12% 4.55% EBITDA 1,481.78 1,447.56 1,157.80 826.92 437.77 532.62 582.50 576.11 323.71 654.32 457.98 EBITDA Margin 72.89% 69.12% 63.78% 53.78% 33.18% 46.28% 55.79% 65.21% 36.69% 76.13% 70.42% Depreciation 0.00 53.92 33.19 28.56 30.08 40.28 33.45 33.76 22.94 16.97 10.70 PBT 1,393.58 1,393.64 1,124.61 798.36 407.69 492.33 549.06 542.35 300.77 637.34 447.28 Exceptional Inc./Exp. - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Provision for Tax 321.55 364.38 302.70 195.03 0.00 175.67 146.90 162.95 0.00 197.06 133.82 Tax Rate 23.07% 26.15% 26.92% 24.43% 0.00% 35.68% 26.75% 30.05% 0.00% 30.92% 29.92% PAT 1,072.03 1,029.26 821.91 603.33 407.69 316.66 402.16 379.40 300.77 440.28 313.46 PAT before Minority Interest 1,072.03 1,029.26 821.91 603.33 407.69 316.66 402.16 379.40 300.77 440.28 313.46 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 38.34% 37.80% 31.28% 27.65% 22.09% 20.03% 29.52% 32.28% 27.29% 39.73% 35.54% PAT Growth 4.16% 25.23% 36.23% 47.99% 28.75% -21.26% 6.00% 26.14% -31.69% 40.46% EPS 67.68 64.98 51.89 38.09 25.74 19.99 25.39 23.95 18.99 27.80 19.79

Results Balance Sheet

Standalone Figures in Rs. Crores

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10 Mar 09
Shareholder's Funds 6,928.35 5,335.71 4,579.98 3,979.65 2,269.60 2,022.08 1,634.84 1,366.02 1,148.18 988.53 Share Capital 158.35 142.51 142.51 142.51 0.28 0.28 0.28 0.28 0.28 0.28 Total Reserves 6,769.99 5,193.19 4,437.47 3,837.13 2,269.31 2,021.79 1,634.56 1,365.73 1,147.89 988.24 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Deposits 47,766.49 44,933.11 40,970.42 36,825.03 22,645.68 20,223.81 17,110.44 13,793.29 11,639.30 9,566.04 Borrowings 525.00 0.00 0.00 324.00 259.58 250.58 460.67 48.50 60.00 32.68 Other Liabilities & Provisions 2,675.53 2,589.67 1,976.77 1,630.12 1,223.37 1,187.85 1,103.26 909.50 738.06 656.29 Total Liabilities 57,895.37 52,858.49 47,527.17 42,758.80 26,398.23 23,684.32 20,309.21 16,117.31 13,585.54 11,243.54 Net Block 245.65 210.84 137.18 128.45 116.88 99.86 75.71 52.51 50.44 53.90 Gross Block 736.10 647.37 540.53 503.24 278.87 239.11 198.88 168.79 164.56 159.01 Accumulated Depreciation 490.45 436.54 403.35 374.79 161.99 139.25 123.17 116.28 114.11 105.12 Total Non-Current Assets 55,273.36 50,796.75 45,615.07 41,048.08 25,443.01 22,889.12 19,471.21 15,488.02 13,031.60 10,761.32 Lease Adjustment A/c 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Capital Work in Progress 0.00 0.00 0.00 0.00 0.00 0.06 1.82 0.69 0.00 0.00 Cash and balance with RBI 2,102.57 2,113.11 1,680.29 1,414.40 1,033.90 917.66 696.08 858.33 919.23 713.77 Balance with banks and money at call 1,479.41 1,738.89 1,024.79 2,322.14 376.49 267.28 28.47 50.70 275.13 214.77 Investments 14,156.04 13,242.37 11,703.21 9,467.33 6,771.89 5,348.27 4,890.27 3,767.14 3,499.19 3,207.19 Advances 37,289.69 33,491.54 31,069.60 27,715.76 17,143.85 16,255.99 13,778.86 10,758.65 8,287.61 6,571.69 Other Assets 2,622.01 2,061.74 1,912.10 1,710.70 955.21 795.19 838.01 629.28 553.94 482.23 Total Assets 57,895.37 52,858.49 47,527.17 42,758.78 26,398.22 23,684.31 20,309.22 16,117.30 13,585.54 11,243.55 Contingent Liabilities 6,639.06 8,797.70 11,387.08 7,309.62 6,413.30 5,862.10 4,692.65 2,997.63 2,365.77 1,405.53 Bills for collection 1,225.72 983.13 895.91 797.50 769.57 737.09 743.34 503.50 466.77 441.77 Adjusted Book Value 437.53 374.41 321.38 279.25 79,774.93 71,074.77 57,463.77 48,014.63 40,357.78 34,746.11

Cash Flow

Standalone Figures in Rs. Crores

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10 Mar 09
Cash From Operating Activity -1,269.80 1,325.01 -670.36 0.00 286.42 739.57 -531.98 -261.72 268.84 153.32 PBT 1,029.26 821.91 603.33 0.00 300.77 440.28 313.46 250.90 184.53 150.21 Adjustment 597.37 738.03 627.28 0.00 335.33 266.36 230.13 192.67 140.28 124.41 Adjustments for Liabilities & Assets -2,896.43 -234.93 -1,900.97 0.00 -349.68 32.92 -1,075.57 -705.29 -55.97 -121.29 Refund/(Payment) of direct taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Direct Payments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -88.60 -106.83 -37.11 0.00 -40.02 -39.32 -34.92 -12.12 -5.45 -14.13 Net Fixed Assets -88.73 -106.84 -37.29 -224.37 -39.70 -38.47 -31.22 -4.92 -5.55 Other Investment Activity -842.93 -684.48 -540.53 -543.26 -318.19 -274.09 -212.82 -174.93 -178.69 Cash from Financing Activity 1,088.38 -71.26 -324.00 0.00 -20.95 -239.84 382.42 -11.50 2.44 11.60 Closing Cash & Equivalent 3,581.99 3,852.00 2,705.08 0.00 1,410.40 1,184.95 724.55 909.03 1,194.37 928.54 Net Cash Inflow / Outflow -270.02 1,146.93 -1,031.47 0.00 225.45 460.40 -184.48 -285.34 265.83 150.80 Opening Cash & Equivalents 3,852.00 2,705.08 3,736.55 0.00 1,184.95 724.55 909.03 1,194.37 928.54 777.74

Financial Ratios

Standalone

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10 Mar 09
Book Value 437.53 374.41 321.38 279.25 79774.93 71074.77 57463.77 48014.63 40357.78 34746.11 NIM 3.81 3.59 3.38 3.22 3.48 3.77 3.35 3.52 2.89 3.12 Yield on Advances 10.94 11.45 11.62 12.51 15.76 15.20 13.66 12.74 13.49 14.87 Yield on Investments 6.43 6.72 7.74 8.21 7.79 7.55 7.15 7.73 7.49 7.33 Cost of Liabilities 4.11 4.49 5.06 5.78 7.95 7.87 7.01 5.98 6.36 6.70 Interest Spread 6.83 6.95 6.56 6.73 7.82 7.33 6.65 6.77 7.14 8.17 ROCE 22.15% 22.82% 18.44% 10.42% 14.10% 32.28% 26.98% 29.31% 25.78% 25.02% Cost Income Ratio 42.24 42.29 44.90 46.10 44.39 37.77 39.57 40.70 42.29 43.51 Core Cost Income Ratio 41.01 43.23 48.33 47.84 44.79 37.99 39.92 40.99 42.92 44.21 Operating Costs to Assets 1.99 2.10 2.06 1.99 1.85 1.77 1.72 1.85 1.70 1.82 Loans/Deposits 0.01 0.00 0.00 0.01 0.01 0.01 0.03 0.00 0.01 0.00 Cash/Deposits 0.04 0.05 0.04 0.04 0.05 0.05 0.04 0.06 0.08 0.07 Investment/Deposits 0.30 0.29 0.29 0.26 0.30 0.26 0.29 0.27 0.30 0.34 Inc Loan/Deposits 1.10% 0.00% 0.00% 0.88% 1.15% 1.24% 2.69% 0.35% 0.52% 0.34% Credit Deposits 78.07% 74.54% 75.83% 75.26% 75.70% 80.38% 80.53% 78.00% 71.20% 68.70% Interest Expended / Interest earned 48.69% 52.65% 57.40% 61.93% 67.36% 65.21% 65.45% 60.33% 66.51% 65.85% Interest income / Total funds 7.05% 7.25% 7.59% 8.11% 10.24% 10.43% 9.27% 8.51% 8.23% 8.69% Interest Expended / Total funds 3.43% 3.82% 4.36% 5.02% 6.90% 6.80% 6.07% 5.13% 5.48% 5.72% CASA 28.76% 30.50% 28.52% 25.85% 19.19% 18.86% 20.63% 24.22% 24.97% 22.01%

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Annual Reports:

News Update:

Tamilnad Mercantile Bank reports net profit of Rs 253 crore in Q4
23rd Apr 2024, 12:15 PM

Total income of the bank increased by 13.05% at Rs 1,417.61 crore for Q4FY24
Read More
Tamilnad Mercantile - Quarterly Results
22nd Apr 2024, 16:17 PM

Read More
RBI imposes monetary penalty on Tamilnad Mercantile Bank
20th Mar 2024, 12:21 PM

The action is based on deficiencies in regulatory compliance
Read More
Tamilnad Mercantile Bank to open new branch in Tamilnadu
17th Feb 2024, 13:00 PM

Earlier, the company had opened two branches in Tamilnadu on November 10, 2023
Read More

Tamilnad Mercantile Bank Ltd.

Bank - Private

BSE: 543596 | NSE: TMB

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | EPS

NII CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Quarterly Results

Standalone Figures in Rs. Crores

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update:

Tamilnad Mercantile Bank Ltd.

Bank - Private

BSE: 543596 | NSE: TMB

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | EPS

NII CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Quarterly Results

Standalone Figures in Rs. Crores

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update: