profit from every ₹100 of sales.
₹0₹100
Tamilnad Mercantile Bank
₹873.05+4.46% today
+71.6% in 1 year
1-year low ₹504.901-year high ₹942.45
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹10.34 for every ₹1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Tamilnad Mercantile Bank sold, what it kept, and what it did with the cash.
Sales went from ₹27.2 billion in 2023 to ₹34.0 billion in 2026, with ₹13.4 billion of profit last year.
SalesProfit
Tamilnad Mercantile Bank vs. similar companies
Tamilnad Mercantile Bank grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Tamilnad Mercantile Bank | 10.3× · Cheap | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.5× · Fair price | ||
 UniCredit | 11.6× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads Tamilnad Mercantile Bank's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 27,231 | 27,956 | 31,514 | 34,043 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 10,293 | 10,720 | 11,826 | 13,376 | |
| 68.06 | 67.70 | 74.68 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 37.8% | 38.3% | 37.5% | 39.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 578,954 | 615,525 | 664,499 | 752,996 |
| Cash | 35,820 | 35,681 | 44,082 | 42,149 |
| Total debt | 5,250 | 4,995 | 5,000 | 7,000 |
| Total liabilities | 509,670 | 536,313 | 574,412 | 651,894 |
| 69,283 | 79,212 | 90,087 | 101,102 | |
| 158 | 158 | 158 | – | |
| – | – | – | – | |
| 14.9% | 13.5% | 13.1% | 13.2% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -12,698 | -6,105 | 18,988 | -1,009 | |
| 896 | 1,007 | 1,053 | 1,284 | |
| -13,594 | -7,113 | 17,936 | -2,292 | |
| Dividends paid | 2,217 | 792 | 1,584 | 1,742 |
| – | – | – | – | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 10.3×
- –
- –
- 1.2×
- 4.1×
- 9.7%
- 1.3%
Profitability
- 39.3%
- –
- –
- –
- –
Growth
- +7.7%
- –
- –
- +3.6%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 29%of 872
Bottom 46%of 883
Bottom 19%of 931
1.3%of the share price, paid each year
On $1,000 invested$13a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
13.0% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Tamilnad Mercantile Bank
Is Tamilnad Mercantile Bank a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Tamilnad Mercantile Bank AI analysis
What does Tamilnad Mercantile Bank do?
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. It is in Banks - Regional, based in Thoothukudi, India.
Does Tamilnad Mercantile Bank pay a dividend?
Yes. At today's price the dividend is 1.3% a year, about 13% of its yearly profit. In 2026 it paid out ₹1.74 billion in dividends.
Is Tamilnad Mercantile Bank stock halal?
No. Tamilnad Mercantile Bank does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Tamilnad Mercantile Bank stock done over the past year?
Up 71.6% over the past twelve months, to ₹873.05. It traded between ₹504.90 and ₹942.45 and is 7.4% below its high.
Who are Tamilnad Mercantile Bank's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Tamilnad Mercantile Bank's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.