Why did Tamilnad Mercantile Bank (TMB) stock move recently?

On 7/27/2026, Tamilnad Mercantile Bank moved +11.1% — Tamilnad Mercantile Bank shares jumped 11% to a record high after the bank reported strong Q1 results, including higher net profit and improved asset quality metrics. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Tamilnad Mercantile Bank (TMB) overvalued or fairly valued?

MarketChacha shows Tamilnad Mercantile Bank's valuation in context — a price-to-book of about 1.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Tamilnad Mercantile Bank's revenue?

Tamilnad Mercantile Bank reported revenue of ₹5,819 Cr for FY2026, with net profit of ₹1,338 Cr, per official filings.

What is the share price of Tamilnad Mercantile Bank (TMB)?

Tamilnad Mercantile Bank last traded at ₹935.00 (-0.8% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Tamilnad Mercantile Bank

TMB · NSE · Banking · India

Snapshot

TickerTMB

ExchangeNSE

SectorBanking

IndustryBanks - Regional

CountryIndia

Employees4,786

HeadquartersThoothukudi, India

Websitetmb.bank.in

Filings tracked2

About Tamilnad Mercantile Bank

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. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading accounts, mutual fund, insurance, portfolio management, online bill payment, sovereign gold bond scheme, forex, e-tax payment, e-stamping, SMS alert, POS terminal, and Internet and mobile banking services. It also provides home, car, two wheeler, personal, LAP, pension, gold overdraft, education, jewel, traders and services, MSME, vyapari, GST, commercial vehicles, rice and dhall mill, Mahalir, doctor, genset, pharma and healthcare, green energy, smart business, and agricultural loans, as well as loans against sovereign gold bonds and secured overdraft facilities; NRI products; and microenterprise and pharma finance. The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited in November 1962. Tamilnad Mercantile Bank Limited was incorporated in 1921 and is headquartered in Thoothukudi, India.

Who owns it

Promoters29.6%
Institutions4.0%
Public & other66.4%

32 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

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Financials at a glance

Source: BSE (official results filing)

Quarterly · last 3

Revenue (FY2026)

₹5,819 Cr

Net margin

23.0%

EPS (FY2026)

84.47

Net profit (FY2026)

₹1,338 Cr

Ask MarketChacha about TMB

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 27, 2026
Tamilnad Mercantile Bank shares jumped 11% to a record high after the bank reported strong Q1 results, including higher net profit and improved asset quality metrics.
source 1 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about TMB

c/india-daily · 7/27/2026▲ 0

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2026	₹5,819 Cr	₹1,338 Cr	84.47	23.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
Q1 FY27	₹1,662 Cr	₹412 Cr	25.99	24.8%
Q4 FY26	₹1,550 Cr	₹374 Cr	23.60	24.1%
Q3 FY26	₹1,469 Cr	₹342 Cr	21.57	23.2%

Figures as reported, in ₹ (crore). Source: BSE (official results filing).

Filings & announcements

2026

Press Release / Media Release
Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated July 27, 2026, titled "Unaudited Financial Results for the Quarter Ended June 30, 2026."
BSE7/27/2026
Change In Email Domain Of The Bank
Tamilnad Mercantile Bank Limited has informed the Exchange regarding ''Change in Email Domain of the Bank''.
BSE7/21/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.