Tamilnad Mercantile Bank Limited

TMB · General/Diversified · NSE

₹678

Current Market Price

Undervalued

Fair Value (DCF)

₹1,826

Margin of Safety

+169.3%

Updated 1d ago

DCF Sensitivity →

YieldIQ Score

66/100

Piotroski F-Score

7/9

Economic Moat

Narrow

Confidence

52%

ROE

13.1%

Debt/Equity

0.00

WACC

9.8%

Market Cap

₹0.11 Lakh Cr

Quality & Valuation

Neutral model outputs — no recommendations.

ROCE

Return on capital employed

EV / EBITDA

Enterprise multiple

Debt / EBITDA

Leverage vs earnings

Interest Coverage

EBIT covers interest

Current Ratio

Short-term liquidity

Asset Turnover

0.04×

Revenue per ₹ of assets

Revenue CAGR (3Y)

6.2%

3-year revenue growth

Revenue CAGR (5Y)

5-year revenue growth

DCF Scenario Analysis

vs CMP ₹677.95

Bear case

₹1,273.22

MoS +46.8%

Base case

₹1,825.53

MoS +62.9%

Bull case

₹2,950.72

MoS +77.0%

Ratio Trends

TMB · last 4 annual periods

ROE

13.1%

min 13.1%max 15.4%

ROCE

min max

Operating Margin

min max

Debt / Equity

0.06×

min 0.06×max 0.08×

PE

6.3×

min 6.3×max 6.3×

EV / EBITDA

min max

Historical Financials

TMB · Annual, last 4 years· amounts in ₹Cr unless noted

Metric2022202320242025CAGR
Revenue₹2627 Cr₹2723 Cr₹3151 Cr+6.2%
EBITDA
EBIT
PAT₹822 Cr₹1029 Cr₹1183 Cr+12.9%
EPS (diluted)₹15.98+0.0%
CFO₹1325 Cr₹-1270 Cr₹1899 Cr+12.7%
CapEx₹-107 Cr₹-89.6 Cr₹-105 Cr
FCF₹1218 Cr₹-1359 Cr₹1794 Cr+13.8%
Total Assets₹52.9K Cr₹57.9K Cr₹61.6K Cr₹66.4K Cr+7.9%
Total Debt₹525 Cr₹500 Cr-1.6%
Shareholders' Equity₹5336 Cr₹6928 Cr₹9009 Cr+19.1%

CAGR computed across the visible window. Signs reverse if start value is zero or negative.

Peer Comparison

TMB vs 5 closest peers by market-cap band

PeerMoSScoreVerdictROEPE
SOUTHBANK

SOUTHBANK

Pending12.9%
UJJIVANSFB

UJJIVANSFB

Pending11.9%
KTKBANK

KTKBANK

Pending10.5%
J&KBANK

J&KBANK

Pending14.7%
EQUITASBNK

EQUITASBNK

Pending2.4%

Click a ticker to view its fair-value analysis.

Dividend History

No dividend events recorded for TMB in the last 10 years.

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Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.