Tamilnad Mercantile Bank Limited
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, portfolio management, POS terminal, … Read more
Tamilnad Mercantile Bank Limited (TMB) - Net Assets
Latest net assets as of December 2025: ₹97.74 Billion INR
Based on the latest financial reports, Tamilnad Mercantile Bank Limited (TMB) has net assets worth ₹97.74 Billion INR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹706.88 Billion) and total liabilities (₹609.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹97.74 Billion |
| % of Total Assets | 13.83% |
| Annual Growth Rate | 13.26% |
| 5-Year Change | 96.7% |
| 10-Year Change | -74.31% |
| Growth Volatility | 346.01 |
Tamilnad Mercantile Bank Limited - Net Assets Trend (2013–2025)
This chart illustrates how Tamilnad Mercantile Bank Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tamilnad Mercantile Bank Limited (2013–2025)
The table below shows the annual net assets of Tamilnad Mercantile Bank Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹90.09 Billion | +13.73% |
| 2024-03-31 | ₹79.21 Billion | +14.33% |
| 2023-03-31 | ₹69.28 Billion | +29.85% |
| 2022-03-31 | ₹53.36 Billion | +16.50% |
| 2021-03-31 | ₹45.80 Billion | +15.09% |
| 2020-03-31 | ₹39.80 Billion | +9.99% |
| 2019-03-31 | ₹36.18 Billion | +6.27% |
| 2018-03-31 | ₹34.05 Billion | -90.74% |
| 2017-03-31 | ₹367.62 Billion | +4.84% |
| 2016-03-31 | ₹350.65 Billion | +1251.63% |
| 2015-03-31 | ₹25.94 Billion | +14.31% |
| 2014-03-31 | ₹22.70 Billion | +12.24% |
| 2013-03-31 | ₹20.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tamilnad Mercantile Bank Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 87.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.60 Billion | 2.89% |
| Common Stock | ₹1.58 Billion | 1.76% |
| Other Comprehensive Income | ₹78.21 Billion | 86.81% |
| Other Components | ₹7.69 Billion | 8.54% |
| Total Equity | ₹90.09 Billion | 100.00% |
Tamilnad Mercantile Bank Limited Competitors by Market Cap
The table below lists competitors of Tamilnad Mercantile Bank Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Jiecang Linear Motion Technology Co Ltd
SHG:603583
|
$758.39 Million |
|
Epoxy Base Electronic Material Corp Ltd
SHG:603002
|
$758.72 Million |
|
XERIS BIOPH.HOL. DL-0001
F:2B30
|
$759.00 Million |
|
Isracard Ltd
OTCGREY:ISCDF
|
$759.18 Million |
|
Actions Technology Co Ltd
SHG:688049
|
$758.09 Million |
|
Huaihe Energy Group Co Ltd
SHG:600575
|
$757.91 Million |
|
Lemon Tree Hotels Limited
NSE:LEMONTREE
|
$757.29 Million |
|
Chongqing Road & Bridge Co Ltd
SHG:600106
|
$756.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tamilnad Mercantile Bank Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 79,212,023,000 to 90,086,926,000, a change of 10,874,903,000 (13.7%).
- Net income of 11,826,100,000 contributed positively to equity growth.
- Dividend payments of 1,583,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,463,445,000.
- Other factors decreased equity by 9,831,142,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹11.83 Billion | +13.13% |
| Dividends Paid | ₹1.58 Billion | -1.76% |
| Other Comprehensive Income | ₹10.46 Billion | +11.61% |
| Other Changes | ₹-9.83 Billion | -10.91% |
| Total Change | ₹- | 13.73% |
Book Value vs Market Value Analysis
This analysis compares Tamilnad Mercantile Bank Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.29x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹141.89 | ₹609.35 | x |
| 2014-03-31 | ₹159.26 | ₹609.35 | x |
| 2015-03-31 | ₹182.04 | ₹609.35 | x |
| 2016-03-31 | ₹206.42 | ₹609.35 | x |
| 2017-03-31 | ₹226.23 | ₹609.35 | x |
| 2018-03-31 | ₹238.91 | ₹609.35 | x |
| 2019-03-31 | ₹253.89 | ₹609.35 | x |
| 2020-03-31 | ₹279.25 | ₹609.35 | x |
| 2021-03-31 | ₹321.38 | ₹609.35 | x |
| 2022-03-31 | ₹374.41 | ₹609.35 | x |
| 2023-03-31 | ₹437.53 | ₹609.35 | x |
| 2024-03-31 | ₹500.23 | ₹609.35 | x |
| 2025-03-31 | ₹568.91 | ₹609.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tamilnad Mercantile Bank Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.26%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 7.38x
- Recent ROE (13.13%) is above the historical average (12.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 21.77% | 41.70% | 0.04x | 11.71x | ₹2.38 Billion |
| 2014 | 13.25% | 31.87% | 0.04x | 11.63x | ₹738.07 Million |
| 2015 | 14.62% | 40.05% | 0.03x | 11.47x | ₹1.20 Billion |
| 2016 | 13.67% | 38.70% | 0.03x | 11.99x | ₹1.08 Billion |
| 2017 | 9.82% | 26.43% | 0.03x | 11.47x | ₹-57.39 Million |
| 2018 | 6.52% | 21.77% | 0.03x | 11.14x | ₹-1.19 Billion |
| 2019 | 7.15% | 7.11% | 0.09x | 11.20x | ₹-1.03 Billion |
| 2020 | 10.24% | 10.21% | 0.09x | 10.74x | ₹97.29 Million |
| 2021 | 13.17% | 14.19% | 0.09x | 10.38x | ₹1.45 Billion |
| 2022 | 15.40% | 17.69% | 0.09x | 9.91x | ₹2.88 Billion |
| 2023 | 14.86% | 21.85% | 0.08x | 8.36x | ₹3.36 Billion |
| 2024 | 13.53% | 19.52% | 0.09x | 7.77x | ₹2.80 Billion |
| 2025 | 13.13% | 19.26% | 0.09x | 7.38x | ₹2.82 Billion |
Industry Comparison
This section compares Tamilnad Mercantile Bank Limited's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $153,914,673,384
- Average return on equity (ROE) among peers: 1.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tamilnad Mercantile Bank Limited (TMB) | ₹97.74 Billion | 21.77% | 6.23x | $758.16 Million |
| AU Small Finance Bank Limited (AUBANK) | $171.66 Billion | 12.27% | 8.20x | $5.64 Billion |
| Bandhan Bank Limited (BANDHANBNK) | $112.02 Billion | 17.42% | 4.04x | $1.95 Billion |
| Bank of Baroda (BANKBARODA) | $764.90 Billion | 1.21% | 14.69x | $6.06 Billion |
| Canara Bank (CANBK) | $351.83 Billion | 3.86% | 15.94x | $4.81 Billion |
| Capital Small Finance Bank Limited (CAPITALSFB) | $895.11 Million | 15.89% | 17.77x | $29.44 Million |
| Central Bank of India (CENTRALBK) | $110.28 Billion | 11.92% | 18.04x | $275.77 Million |
| CSB Bank Limited (CSBBANK) | $21.80 Billion | 10.02% | 9.70x | $383.55 Million |
| City Union Bank Limited (CUB) | $2.41 Billion | 19.24% | 13.52x | $1.93 Billion |
| DCB Bank Limited (DCBBANK) | $1.99 Billion | -81.69% | 22.36x | $503.70 Million |
| Dhanlaxmi Bank Limited (DHANBANK) | $1.34 Billion | 7.08% | 20.20x | $59.94 Million |