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

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

7,032.39
6.24
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

6,103.41
2.25%
0.83

Chart

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

NII CAGR (%)

10 Years
5 Years
3 Years

11.57
-
19.10

EBITDA CAGR (%)

10 Years
5 Years
3 Years

10.95
21.33
9.26

PAT CAGR (%)

10 Years
5 Years
3 Years

1.04
1.04

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 Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var%
Interest Earned 1,337.41 1,209.16 10.61% 1,281.15 1,155.89 10.84% 1,253.71 1,070.08 17.16% 1,229.15 1,012.12 21.44%
Interest Exp. 741.35 676.43 9.60% 714.59 641.81 11.34% 686.66 542.80 26.50% 692.12 477.85 44.84%
Net Interest Income 596.06 532.73 11.89% 566.56 514.08 10.21% 567.05 527.28 7.54% 537.03 534.27 0.52%
NIM 0.00 4.10 -100.00% 4.12 4.00 3.00% 4.11 4.46 -7.85% 4.08 4.50 -9.33%
Other Income 227.47 156.06 45.76% 233.72 167.00 39.95% 163.90 183.93 -10.89% 157.98 160.76 -1.73%
Total Income 1,564.88 1,365.22 14.62% 1,514.87 1,322.89 14.51% 1,417.61 1,254.01 13.05% 1,387.13 1,172.88 18.27%
Operating Exp. 358.33 323.67 10.71% 331.44 301.17 10.05% 364.40 306.80 18.77% 324.81 290.23 11.91%
Operating Profit 465.20 365.12 27.41% 468.84 379.91 23.41% 366.55 404.41 -9.36% 370.20 404.80 -8.55%
Provision 64.93 23.29 178.79% 85.44 39.00 119.08% 23.54 57.18 -58.83% 2.37 32.92 -92.80%
PBT 400.27 341.83 17.10% 383.40 340.91 12.46% 343.01 347.23 -1.22% 367.83 371.88 -1.09%
PBTM 29.93 28.27 5.87% 29.93 29.49 1.49% 27.36 32.45 -15.69% 29.93 36.74 -18.54%
TAX 97.09 68.32 42.11% 96.11 79.68 20.62% 89.95 94.18 -4.49% 83.60 92.18 -9.31%
PAT 303.18 273.51 10.85% 287.29 261.23 9.98% 253.06 253.05 0.00% 284.23 279.70 1.62%
PATM 22.67% 22.62% 22.42% 22.60% 20.18% 23.65% 23.12% 27.64%
EPS 19.15 17.27 10.89% 18.14 16.50 9.94% 15.98 15.98 0.00% 17.95 17.66 1.64%
Gross NPA 584.45 643.84 -9.22% 587.66 580.72 1.20% 575.06 521.46 10.28% 649.13 591.08 9.82%
Gross NPA% 1.37 1.70 -19.41% 1.44 1.56 -7.69% 1.44 1.39 3.60% 1.69 1.70 -0.59%
Net NPA 194.77 371.90 -47.63% 261.56 243.65 7.35% 335.82 229.82 46.12% 375.34 259.10 44.86%
Net NPA% 0.46 0.99 -53.54% 0.65 0.66 -1.52% 0.85 0.62 37.10% 0.98 0.75 30.67%
CASA 0.00 28.00 -100.00% 28.00 28.00 0.00% 30.00 29.00 3.45% 30.00 29.58 1.42%

Description Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 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 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Net Interest Income 2,266.70 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 Interest Earned 5,101.42 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 Interest Expended 2,834.72 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 Int. income Growth 7.51% 2.71% 15.36% 18.06% 16.52% 14.66% 10.23% 18.18% 0.14% 2.64% Other Income 783.07 644.95 629.11 812.26 644.35 526.42 430.51 318.50 291.88 220.13 248.72 Total Income 5,884.49 2,795.84 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 Total Expenditure 1,378.98 1,327.08 1,275.67 1,469.69 1,354.96 1,408.17 1,048.70 780.01 599.20 778.60 453.93 Employee Cost - 685.91 618.67 615.79 560.50 435.54 377.84 349.95 315.24 283.86 242.25 % Of Sales - 14.15% 15.16% 16.06% 15.53% 12.57% 11.18% 10.76% 11.12% 10.50% 9.81% Opt. & Establishment Exp. - 703.31 585.64 528.44 447.72 445.46 368.01 320.46 286.46 228.34 193.25 % Of Sales - 14.51% 14.35% 13.78% 12.41% 12.85% 10.88% 9.85% 10.10% 8.45% 7.82% Provisions - 88.20 179.20 391.84 403.86 587.33 383.41 176.50 65.02 312.28 52.37 % Of Sales - 1.82% 4.39% 10.22% 11.19% 16.94% 11.34% 5.43% 2.29% 11.55% 2.12% EBITDA 1,670.79 1,468.76 1,447.56 1,157.80 826.92 437.77 532.62 582.50 576.11 323.71 654.32 EBITDA Margin 72.97% 68.29% 69.12% 63.78% 53.78% 33.18% 46.28% 55.79% 65.21% 36.69% 76.13% Depreciation 0.00 75.17 53.92 33.19 28.56 30.08 40.28 33.45 33.76 22.94 16.97 PBT 1,494.51 1,393.58 1,393.64 1,124.61 798.36 407.69 492.33 549.06 542.35 300.77 637.34 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 366.75 321.55 364.38 302.70 195.03 0.00 175.67 146.90 162.95 0.00 197.06 Tax Rate 24.54% 23.07% 26.15% 26.92% 24.43% 0.00% 35.68% 26.75% 30.05% 0.00% 30.92% PAT 1,127.76 1,072.03 1,029.26 821.91 603.33 407.69 316.66 402.16 379.40 300.77 440.28 PAT before Minority Interest 1,127.76 1,072.03 1,029.26 821.91 603.33 407.69 316.66 402.16 379.40 300.77 440.28 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 36.98% 38.34% 37.80% 31.28% 27.65% 22.09% 20.03% 29.52% 32.28% 27.29% 39.73% PAT Growth 5.65% 4.16% 25.23% 36.23% 47.99% 28.75% -21.26% 6.00% 26.14% -31.69% EPS 71.20 67.68 64.98 51.89 38.09 25.74 19.99 25.39 23.95 18.99 27.80

Results Balance Sheet

Standalone Figures in Rs. Crores

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Shareholder's Funds 7,921.20 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 Share Capital 158.35 158.35 142.51 142.51 142.51 0.28 0.28 0.28 0.28 0.28 Total Reserves 7,762.85 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 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Deposits 49,515.07 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 Borrowings 1,301.15 525.00 0.00 0.00 324.00 259.58 250.58 460.67 48.50 60.00 Other Liabilities & Provisions 2,815.03 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 Total Liabilities 61,552.45 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 Net Block 270.98 245.65 210.84 137.18 128.45 116.88 99.86 75.71 52.51 50.44 Gross Block 836.60 736.10 647.37 540.53 503.24 278.87 239.11 198.88 168.79 164.56 Accumulated Depreciation 565.62 490.45 436.54 403.35 374.79 161.99 139.25 123.17 116.28 114.11 Total Non-Current Assets 58,835.45 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 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 0.00 0.06 1.82 0.69 0.00 Cash and balance with RBI 2,230.13 2,102.57 2,113.11 1,680.29 1,414.40 1,033.90 917.66 696.08 858.33 919.23 Balance with banks and money at call 1,337.99 1,479.41 1,738.89 1,024.79 2,322.14 376.49 267.28 28.47 50.70 275.13 Investments 15,262.60 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 Advances 39,733.75 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 Other Assets 2,717.01 2,622.01 2,061.74 1,912.10 1,710.70 955.21 795.19 838.01 629.28 553.94 Total Assets 61,552.46 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 Contingent Liabilities 6,663.31 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 Bills for collection 874.94 1,225.72 983.13 895.91 797.50 769.57 737.09 743.34 503.50 466.77 Adjusted Book Value 500.23 437.53 374.41 321.38 279.25 79,774.93 71,074.77 57,463.77 48,014.63 40,357.78

Cash Flow

Standalone Figures in Rs. Crores

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Cash From Operating Activity -610.54 -1,269.80 1,325.01 -670.36 0.00 286.42 739.57 -531.98 -261.72 268.84 PBT 1,072.03 1,029.26 821.91 603.33 0.00 300.77 440.28 313.46 250.90 184.53 Adjustment 405.54 597.37 738.03 627.28 0.00 335.33 266.36 230.13 192.67 140.28 Adjustments for Liabilities & Assets -1,773.11 -2,534.43 -234.93 -1,900.97 0.00 -349.68 32.92 -1,075.57 -705.29 -55.97 Refund/(Payment) of direct taxes -315.00 -362.00 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 -100.30 -88.60 -106.83 -37.11 0.00 -40.02 -39.32 -34.92 -12.12 -5.45 Net Fixed Assets -100.50 -88.73 -106.84 -37.29 -224.37 -39.70 -38.47 -31.22 -4.92 -5.55 Other Investment Activity -925.20 -842.93 -684.48 -540.53 -543.26 -318.19 -274.09 -212.82 -174.93 -178.69 Cash from Financing Activity 696.98 1,088.38 -71.26 -324.00 0.00 -20.95 -239.84 382.42 -11.50 2.44 Closing Cash & Equivalent 3,568.12 3,581.99 3,852.00 2,705.08 0.00 1,410.40 1,184.95 724.55 909.03 1,194.37 Net Cash Inflow / Outflow -13.86 -270.02 1,146.93 -1,031.47 0.00 225.45 460.40 -184.48 -285.34 265.83 Opening Cash & Equivalents 3,581.99 3,852.00 2,705.08 3,736.55 0.00 1,184.95 724.55 909.03 1,194.37 928.54

Financial Ratios

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Book Value 500.23 437.53 374.41 321.38 279.25 79774.93 71074.77 57463.77 48014.63 40357.78 NIM 3.67 3.81 3.59 3.38 3.22 3.48 3.77 3.35 3.52 2.89 Yield on Advances 12.20 10.94 11.45 11.62 12.51 15.76 15.20 13.66 12.74 13.49 Yield on Investments 6.76 6.43 6.72 7.74 8.21 7.79 7.55 7.15 7.73 7.49 Cost of Liabilities 5.31 4.11 4.49 5.06 5.78 7.95 7.87 7.01 5.98 6.36 Interest Spread 6.89 6.83 6.95 6.56 6.73 7.82 7.33 6.65 6.77 7.14 ROCE 17.29% 22.15% 22.82% 18.44% 10.42% 14.10% 32.28% 26.98% 29.31% 25.78% Cost Income Ratio 47.00 42.24 42.29 44.90 46.10 44.39 37.77 39.57 40.70 42.29 Core Cost Income Ratio 46.95 41.01 43.23 48.33 47.84 44.79 37.99 39.92 40.99 42.92 Operating Costs to Assets 2.13 1.99 2.10 2.06 1.99 1.85 1.77 1.72 1.85 1.70 Loans/Deposits 0.03 0.01 0.00 0.00 0.01 0.01 0.01 0.03 0.00 0.01 Cash/Deposits 0.05 0.04 0.05 0.04 0.04 0.05 0.05 0.04 0.06 0.08 Investment/Deposits 0.31 0.30 0.29 0.29 0.26 0.30 0.26 0.29 0.27 0.30 Inc Loan/Deposits 2.63% 1.10% 0.00% 0.00% 0.88% 1.15% 1.24% 2.69% 0.35% 0.52% Credit Deposits 80.25% 78.07% 74.54% 75.83% 75.26% 75.70% 80.38% 80.53% 78.00% 71.20% Interest Expended / Interest earned 55.63% 48.69% 52.65% 57.40% 61.93% 67.36% 65.21% 65.45% 60.33% 66.51% Interest income / Total funds 7.88% 7.05% 7.25% 7.59% 8.11% 10.24% 10.43% 9.27% 8.51% 8.23% Interest Expended / Total funds 4.38% 3.43% 3.82% 4.36% 5.02% 6.90% 6.80% 6.07% 5.13% 5.48% CASA 29.64% 28.76% 30.50% 28.52% 25.85% 19.19% 18.86% 20.63% 24.22% 24.97%

Top Investors:

bucket 1 (court cases)

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swiss re investors (mauritius) limited

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c.s.rajendran

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investor education and protection fund authority ministry of corporate affairs

Annual Reports:

News Update:

Tamilnad Mercantile Bank to open new branch in Tamilnadu
11th Nov 2024, 17:20 PM

The bank is all set to open new branch on November 12, 2024
Read More
Tamilnad Mercantile - Quarterly Results
28th Oct 2024, 17:24 PM

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: