Tamilnad Mercantile Bank Limited
NSE: TMB BSE: TMB
NSE
441.45
5.90 (1.35%)
Prev Close
435.55
Open Price
435.55
Volume
114,362
Today Low / High
433.85 / 444.5
52 WK Low / High
401 / 513.55
Range
419 - 464
BSE
441.15
6.35 (1.46%)
Prev Close
434.8
Open Price
444
Volume
2,258
Today Low / High
435.75 / 444
52 WK Low / High
403.35 / 509.95
Range
419 - 463
The stock is currently trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). On the NSE, the stock is priced at 441.45 (target range: 419 - 464), reflecting a change of 5.9 (1.35461%). On the BSE, it is listed at 441.15 (target range: 419 - 463), showing a change of 6.35 (1.46044%). Both the NSE and BSE data indicate positive movement, suggesting the stock is on an upward trend. This could be an attractive opportunity for investors looking for growth.
21 Apr
435.55
1.35%
17 Apr
420.90
3.48%
16 Apr
425.95
-0.75%
15 Apr
421.05
0.95%
11 Apr
419.90
-0.29%
09 Apr
416.25
-0.41%
08 Apr
417.95
-0.92%
07 Apr
425.85
-3.15%
04 Apr
427.10
-0.30%
03 Apr
423.00
1.89%
02 Apr
419.00
0.72%
01 Apr
413.00
1.03%
28 Mar
418.00
-1.70%
27 Mar
413.40
0.36%
26 Mar
423.50
-2.38%
25 Mar
428.40
-0.36%
24 Mar
424.50
0.40%
Tamilnad Mercantile Bank Limited Graph
Tamilnad Mercantile Bank Limited Price Target Predictions: Bullish vs. Bearish Scenarios with Ranges
If you are looking for the target price for Tamilnad Mercantile Bank Limited T1, T2, T3 for both Bullish and Bearish scenarios, here it is. For Bullish: T1, T2, T3. For Bearish: T1, T2, T3. The stock current price is 441.45, with potential price targets ranging from T1, T2, and T3 in both directions based on market conditions.
| Scenario | Price | Target | Range |
|---|---|---|---|
| Bullish Scenario | 441.15 | 445.56 | 401.01 - 490.12 |
| 449.97 | 359.98 - 539.97 | ||
| 454.38 | 318.07 - 590.70 | ||
| Bearish Scenario | 441.15 | 436.74 | 393.06 - 480.41 |
| 432.33 | 345.86 - 518.79 | ||
| 427.92 | 299.54 - 556.29 |
Overview of Tamilnad Mercantile Bank Limited
ISIN
INE668A01016
Industry
Banks - Regional
Vol.Avg
72,786
Market Cap
69,904,252,017
Last Dividend
10
Official Website
IPO Date
2022-09-15
DCF Diff
265.74
DCF
177
Financial Ratios Every Investor Needs
Stock Dividend of TMB
| Date | Label | Adj Dividend | Dividend | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|---|
| 2024-09-20 | September 20, 24 | 10 | 10 | 2024-09-20 | 2024-10-27 | |
| 2023-08-29 | August 29, 23 | 5 | 5 | 2023-08-29 | 2023-10-05 | |
| 2023-02-24 | February 24, 23 | 5 | 5 | 2023-02-24 | 2023-03-16 |
Annual Financial Income Report
| Date | Revenue | Co.Rev | GP | GPR | R&D Expenses | G&A Expenses | Operating Income | Net Income | EPS | EBITDA | NIR |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-31 | 2,795.64 Cr | -0.19 Cr | 2,795.83 Cr | 1.0001 | 0.00 Cr | 2.94 Cr | 1,393.58 Cr | 1,072.03 Cr | 67.70 | 0.00 Cr | 0.3835 |
| 2023-03-31 | 2,723.23 Cr | 0.00 Cr | 2,723.23 Cr | 1.0000 | 0.00 Cr | 3.48 Cr | 1,339.72 Cr | 1,029.26 Cr | 65.00 | 1,083.17 Cr | 0.3780 |
| 2022-03-31 | 2,637.79 Cr | 0.00 Cr | 2,637.79 Cr | 1.0000 | 0.00 Cr | 3.26 Cr | 1,091.42 Cr | 821.91 Cr | 57.67 | 855.09 Cr | 0.3116 |
| 2021-03-31 | 2,181.70 Cr | 0.00 Cr | 2,181.70 Cr | 1.0000 | 0.00 Cr | 2.13 Cr | 769.80 Cr | 603.33 Cr | 42.34 | 631.89 Cr | 0.2765 |
| 2020-03-31 | 1,845.97 Cr | 0.00 Cr | 1,845.97 Cr | 1.0000 | 0.00 Cr | 2.45 Cr | 407.69 Cr | 407.69 Cr | 28.61 | 437.77 Cr | 0.2209 |
Annual Financials Balance Sheet
| Date | C&C Equ. | Tot. Assets | Tot. Liab. | Stock. Equity | Tot. Debt | Net Debt | Inv. | PP&E (Net) | Curr. Def. Rev. | Non-Curr. Def. Rev. | LT Invest. | Curr. Liab. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-31 | 3,568.12 Cr | 61,552.46 Cr | 53,631.26 Cr | 7,921.2023 Cr | 1,301.15 Cr | -3,568.12 Cr | 0.00 Cr | 270.98 Cr | 0.00 Cr | 0.00 Cr | 15,262.60 Cr | 15,062.2900 Cr |
| 2023-03-31 | 3,581.98 Cr | 57,895.36 Cr | 50,967.02 Cr | 6,928.3400 Cr | 525.00 Cr | -3,056.98 Cr | -4,200.78 Cr | 245.65 Cr | 145.05 Cr | 440.47 Cr | 14,156.04 Cr | 145.1069 Cr |
| 2022-03-31 | 3,852.00 Cr | 52,858.49 Cr | 47,522.78 Cr | 5,335.7070 Cr | 0.09 Cr | -3,851.91 Cr | -5,946.06 Cr | 210.84 Cr | 143.90 Cr | 0.00 Cr | 13,035.46 Cr | 143.9910 Cr |
| 2021-03-31 | 2,705.08 Cr | 47,527.17 Cr | 42,947.19 Cr | 4,579.9820 Cr | 0.08 Cr | -2,704.99 Cr | -4,442.92 Cr | 137.18 Cr | 238.73 Cr | 0.00 Cr | 11,703.21 Cr | 238.8080 Cr |
| 2020-03-31 | 3,736.55 Cr | 42,758.80 Cr | 245.15 Cr | 3,979.6460 Cr | 324.13 Cr | -3,412.42 Cr | -4,539.16 Cr | 128.45 Cr | 245.02 Cr | 26,925.41 Cr | 9,467.33 Cr | 245.1510 Cr |
Annual Financials Cash Flow Statement
| Date | Operating Cash | Investing Cash | Financing Cash | Free Cash | Cash Change | Cash at End | CapEx | Income | Debt Repay | Dividends | Inventory |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-31 | -610.5389 Cr | -100.3000 Cr | 696.9754 Cr | -711.2600 Cr | -13.8635 Cr | 3,568.1219 Cr | -100.7300 Cr | 1,072.0300 Cr | 776.1511 Cr | -79.1757 Cr | 0.0000 Cr |
| 2023-03-31 | -1,269.8000 Cr | -88.6000 Cr | 1,088.3800 Cr | -1,359.3800 Cr | -270.0200 Cr | 3,581.9800 Cr | -89.5800 Cr | 1,029.2600 Cr | 525.0000 Cr | -221.6872 Cr | 0.0000 Cr |
| 2022-03-31 | 1,325.0120 Cr | -106.8280 Cr | -71.2560 Cr | 1,217.9680 Cr | 1,146.9290 Cr | 3,852.0040 Cr | -107.0440 Cr | 821.9080 Cr | -71.2557 Cr | -71.2557 Cr | 0.0000 Cr |
| 2021-03-31 | -670.3630 Cr | -37.1110 Cr | -324.0000 Cr | -707.9530 Cr | -1,031.4740 Cr | 2,705.0760 Cr | -37.5900 Cr | 603.3290 Cr | -324.0000 Cr | 0.0000 Cr | 0.0000 Cr |
| 2020-03-31 | 567.3510 Cr | -20.1790 Cr | 269.0220 Cr | 546.9700 Cr | 816.1940 Cr | 3,736.5500 Cr | -20.3810 Cr | 407.6940 Cr | 324.0000 Cr | -54.9780 Cr | 0.0000 Cr |
Quarterly Financial Income Report
| Date | Revenue | Co.Rev | GP | GPR | Operating Income | Net Income | EPS | EBITDA | NIR |
|---|---|---|---|---|---|---|---|---|---|
| 2024-12-31 | 759.31 Cr | 0.00 Cr | 759.31 Cr | 1.0000 | 407.70 Cr | 300.24 Cr | 18.96 | 0.00 Cr | 0.3954 |
| 2024-09-30 | 1,564.88 Cr | 0.00 Cr | 1,564.88 Cr | 1.0000 | 1,206.55 Cr | 303.18 Cr | 19.15 | 400.27 Cr | 0.1937 |
| 2024-06-30 | 1,514.87 Cr | 0.00 Cr | 1,514.87 Cr | 1.0000 | 383.40 Cr | 287.29 Cr | 18.14 | 0.00 Cr | 0.1896 |
| 2024-03-31 | 730.95 Cr | 0.00 Cr | 730.95 Cr | 1.0000 | 343.01 Cr | 253.06 Cr | 15.98 | 0.00 Cr | 0.3462 |
| 2023-12-31 | 695.01 Cr | 0.00 Cr | 695.01 Cr | 1.0000 | 367.83 Cr | 284.23 Cr | 17.95 | 0.00 Cr | 0.4090 |
Quarterly Financials Balance Sheet
| Date | Cash & Equiv. | Short-Term Inv. | Cash & Short-Term | Net Receivables | Inventory | Total Curr. Assets | PP&E (Net) | Total Assets | Total Liabilities |
|---|---|---|---|---|---|---|---|---|---|
| 2024-09-30 | 3,146.62 Cr | 0.00 Cr | 3,146.62 Cr | 0.00 Cr | 0.00 Cr | 3,146.62 Cr | 257.10 Cr | 63,343.00 Cr | 54,912.76 Cr |
| 2024-06-30 | 4,287.44 Cr | 0.00 Cr | 4,287.44 Cr | 0.00 Cr | 0.00 Cr | 4,287.44 Cr | 259.52 Cr | 62,670.79 Cr | 54,426.48 Cr |
| 2024-03-31 | 3,568.12 Cr | 0.00 Cr | 3,568.12 Cr | 0.00 Cr | 0.00 Cr | 3,568.12 Cr | 270.98 Cr | 61,552.46 Cr | 1,301.15 Cr |
| 2023-12-31 | 3,312.35 Cr | 0.00 Cr | 3,312.35 Cr | 0.00 Cr | 0.00 Cr | 3,312.35 Cr | 269.20 Cr | 59,732.70 Cr | 1,215.06 Cr |
| 2023-09-30 | 3,302.95 Cr | 0.00 Cr | 3,302.95 Cr | 0.00 Cr | 0.00 Cr | 3,302.95 Cr | 268.89 Cr | 59,131.15 Cr | 650.00 Cr |
Quarterly Financials Cash Flow Statement
| Date | Net Income | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Net Cash Change | Cash at End | Cash at Beginning | CapEx | Free Cash Flow |
|---|---|---|---|---|---|---|---|---|---|
| 2024-06-30 | 287.29 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr |
| 2024-03-31 | 253.06 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr |
| 2023-12-31 | 284.23 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr |
| 2023-09-30 | 273.51 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr |
| 2023-06-30 | 261.23 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr |
Splits History
| Date | Label | Split Ratio |
|---|---|---|
| No split history data available. | ||
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| Equitas Small Finance Bank Limited | EQUITASBNK | ₹68.18 | ₹77,715,818,432.00 | ₹12,351,690.00 |
| The Karnataka Bank Limited | KTKBANK | ₹196.82 | ₹74,385,497,358.00 | ₹1,417,699.00 |
| Tamilnad Mercantile Bank Limited | TMB | ₹441.45 | ₹69,904,252,017.00 | ₹114,362.00 |
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| Jana Small Finance Bank Limited | JSFB | ₹509.50 | ₹53,521,499,488.00 | ₹542,763.00 |
| DCB Bank Limited | DCBBANK | ₹128.21 | ₹40,294,784,990.00 | ₹1,552,108.00 |
| Utkarsh Small Finance Bank Limited | UTKARSHBNK | ₹26.51 | ₹29,203,678,449.00 | ₹8,313,398.00 |
Key Executives
Executive Vice President & Chief Financial Officer
Mr. Sanjoy Kumar Goel
Gender: male
Year Born: 1963
Executive Vice President of Credit Monitoring Dept, KYC / AML Cell, Recovery Dept & Legal Dept
Mr. K. Vijayan
Gender: male
Year Born:
Whole Time Executive Director
Mr. Vincent Menachery Devassy B.Com., CAIIB, L.L.B.
Gender: male
Year Born:
Executive Vice President
Mr. P. R. Ashok Kumar
Gender: male
Year Born:
Executive Vice President & Head of Internal Audit
Mr. S. Ilangovan
Gender: male
Year Born:
Executive Vice President & Chief Risk Officer
Mr. Laxman Karkala Kudva
Gender: male
Year Born:
Executive Vice President
Mr. V. Jayaraman
Gender: male
Year Born:
Executive Vice President & Chief Compliance Officer
Mr. J. Sundaresh Kumar
Gender: male
Year Born:
Executive Vice President and GM of HRD Department, Public Relations & Corporate Communications
Mr. D. Ramesh
Gender: male
Year Born: 1973
Chief Executive Officer, MD & Director
Mr. Salee Sukumaran Nair
Gender: male
Year Born:
FAQs about Tamilnad Mercantile Bank Limited
Who is the CEO of the company?
The CEO is Mr. Salee Sukumaran Nair.
What is the current market price of the stock?
The current price is ₹441.45.
What is the 52-week price range?
The range is ₹401-513.55.
What is the market capitalization of the company?
The market capitalization is ₹6,990.43 crores.
What is the dividend yield?
The dividend yield is 2.27%.
What is the Price-to-Earnings (P/E) ratio?
The P/E ratio is 6.11.
Which sector does the company belong to?
The company operates in the Financial Services sector.
What does the company do?
Overview of Tamilnad Mercantile Bank Limited (ISIN: INE668A01016) is a leading Banks - Regional in India. With a market capitalization of ₹6,990.43 crores and an average daily volume of 72,786 shares, it operates in the Banks - Regional. The company last declared a dividend of ₹10.