ALFA Finder| Revenue growth | Total Income grew 9.03% in FY26 to ₹6,696.49cr. |
|---|---|
| Margins | NIM improved to 4.18% (up 27 bps YoY). |
| Demand visibility | Strong credit momentum in RAM segments (Retail/Agri/MSME). |
Growth
Q4FY26 PAT grew 28.01% YoY to ₹373.65cr. Advances grew 20.32% YoY; Deposits grew 14.94% YoY.
Outlook
Focus on phygital expansion (44 new branches); NIM target maintained via high-yielding RAM advances (94.66% of portfolio).
Risks
Potential impact from new ECL regulations (additional provision of ₹279cr) and front-loaded employee cost provisions.
Earnings Call filed with NSE, NSE: TMB. Summary written with AI assistance from the document.
Tamilnad Mercantile Bank Ltd: key numbers
- Share price
- ₹908.40
- Market cap
- ₹14,385 Cr
- Revenue (annual)
- ₹5,819 Cr
- Net profit (annual)
- ₹1,338 Cr
- P/E (TTM)
- 9.1×Sector 20.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 6.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Tamilnad Mercantile Bank Ltd
All →Tamilnad Mercantile Bank Capacity Expansion
Tamilnad Mercantile Bank will open two new branches, at Adoni (Andhra Pradesh) on 11.11.2026 and Thoothukudi Anna Nagar. The filing is an intimation under Regulation 30 of the bank's branch expansion.
- new branches
- 2.0 branches
Tamilnad Mercantile Bank Other Announcement
Tamilnad Mercantile Bank revised its MCLR rates effective November 7, 2026. The one-year MCLR rises from 9.35% to 9.45%.
Tamilnad Mercantile Bank Employee Stock Options
Tamilnad Mercantile Bank allotted 2,364 equity shares to employees exercising options under its ESOP 2024. Paid-up capital rises to 15,83,53,818 shares.
Tamilnad Mercantile Bank Results Correction
TMB clarified its ₹304.24 crore ECL provision is proactive, not a regulatory shortfall. The ECL framework applies from April 2027 under RBI rules.
Tamilnad Mercantile Bank Business Update
Tamilnad Mercantile Bank won two Oracle Excellence Awards 2026 for Customer and Employee Experience at Oracle AI World, Las Vegas. The recognition highlights the bank's digital excellence with no monetary value attached.
Tamilnad Mercantile Bank Results Update
TMB's press release reports Q2 net profit up 42.09% to ₹451 Crore. Total business rose 27.25%, and gross NPA fell to a 10-year low of 0.61%.