Tamilnad Mercantile Bank Limited (TMB) - Net Assets

Latest as of December 2025: Rs97.74 Billion INR ≈ $1.06 Billion USD

Based on the latest financial reports, Tamilnad Mercantile Bank Limited (TMB) has net assets worth Rs97.74 Billion INR (≈ $1.06 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs706.88 Billion ≈ $7.64 Billion USD) and total liabilities (Rs609.14 Billion ≈ $6.59 Billion USD). 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. Check Tamilnad Mercantile Bank Limited (TMB) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs97.74 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. Also explore Tamilnad Mercantile Bank Limited asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see TMB market cap.

Year	Net Assets	Change
2025-03-31	Rs90.09 Billion ≈ $974.26 Million	+13.73%
2024-03-31	Rs79.21 Billion ≈ $856.65 Million	+14.33%
2023-03-31	Rs69.28 Billion ≈ $749.27 Million	+29.85%
2022-03-31	Rs53.36 Billion ≈ $577.04 Million	+16.50%
2021-03-31	Rs45.80 Billion ≈ $495.31 Million	+15.09%
2020-03-31	Rs39.80 Billion ≈ $430.38 Million	+9.99%
2019-03-31	Rs36.18 Billion ≈ $391.30 Million	+6.27%
2018-03-31	Rs34.05 Billion ≈ $368.22 Million	-90.74%
2017-03-31	Rs367.62 Billion ≈ $3.98 Billion	+4.84%
2016-03-31	Rs350.65 Billion ≈ $3.79 Billion	+1251.63%
2015-03-31	Rs25.94 Billion ≈ $280.57 Million	+14.31%
2014-03-31	Rs22.70 Billion ≈ $245.45 Million	+12.24%
2013-03-31	Rs20.22 Billion ≈ $218.68 Million	--

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	Rs2.60 Billion	2.89%
Common Stock	Rs1.58 Billion	1.76%
Other Comprehensive Income	Rs78.21 Billion	86.81%
Other Components	Rs7.69 Billion	8.54%
Total Equity	Rs90.09 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
Shanghai Diesel Engine Co Ltd A SHG:600841	$1.27 Billion
Guangzhou KDT Machinery Co Ltd SHE:002833	$1.27 Billion
Sino Prima Gas Technology Co Ltd SHE:300483	$1.27 Billion
Maoye Commercial Co Ltd SHG:600828	$1.27 Billion
Japfa Comfeed Indonesia Tbk JK:JPFA	$1.27 Billion
Guangdong Haomei New Material Co Lt SHE:002988	$1.27 Billion
JK Tyre & Industries Limited NSE:JKTYRE	$1.27 Billion
Zhongnanhong Culture Group Co Ltd SHE:002445	$1.27 Billion

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	Rs11.83 Billion	+13.13%
Dividends Paid	Rs1.58 Billion	-1.76%
Other Comprehensive Income	Rs10.46 Billion	+11.61%
Other Changes	Rs-9.83 Billion	-10.91%
Total Change	Rs-	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: 1.30x
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 5.21x to 1.30x 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	Rs141.89	Rs739.65	x
2014-03-31	Rs159.26	Rs739.65	x
2015-03-31	Rs182.04	Rs739.65	x
2016-03-31	Rs206.42	Rs739.65	x
2017-03-31	Rs226.23	Rs739.65	x
2018-03-31	Rs238.91	Rs739.65	x
2019-03-31	Rs253.89	Rs739.65	x
2020-03-31	Rs279.25	Rs739.65	x
2021-03-31	Rs321.38	Rs739.65	x
2022-03-31	Rs374.41	Rs739.65	x
2023-03-31	Rs437.53	Rs739.65	x
2024-03-31	Rs500.23	Rs739.65	x
2025-03-31	Rs568.91	Rs739.65	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	Rs2.38 Billion
2014	13.25%	31.87%	0.04x	11.63x	Rs738.07 Million
2015	14.62%	40.05%	0.03x	11.47x	Rs1.20 Billion
2016	13.67%	38.70%	0.03x	11.99x	Rs1.08 Billion
2017	9.82%	26.43%	0.03x	11.47x	Rs-57.39 Million
2018	6.52%	21.77%	0.03x	11.14x	Rs-1.19 Billion
2019	7.15%	7.11%	0.09x	11.20x	Rs-1.03 Billion
2020	10.24%	10.21%	0.09x	10.74x	Rs97.29 Million
2021	13.17%	14.19%	0.09x	10.38x	Rs1.45 Billion
2022	15.40%	17.69%	0.09x	9.91x	Rs2.88 Billion
2023	14.86%	21.85%	0.08x	8.36x	Rs3.36 Billion
2024	13.53%	19.52%	0.09x	7.77x	Rs2.80 Billion
2025	13.13%	19.26%	0.09x	7.38x	Rs2.82 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: $108,245,704,600
Average return on equity (ROE) among peers: 6.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tamilnad Mercantile Bank Limited (TMB)	Rs97.74 Billion	21.77%	6.23x	$1.27 Billion
AU Small Finance Bank Limited (AUBANK)	$62.75 Billion	18.66%	7.22x	$8.21 Billion
Bandhan Bank Limited (BANDHANBNK)	$216.10 Billion	10.32%	7.23x	$3.48 Billion
Bank of Baroda (BANKBARODA)	$133.71 Billion	17.83%	16.32x	$14.73 Billion
Bank of India (BANKINDIA)	$245.44 Billion	28.81%	17.60x	$6.89 Billion
Canara Bank (CANBK)	$254.09 Billion	11.69%	15.50x	$13.21 Billion
Capital Small Finance Bank Limited (CAPITALSFB)	$1.15 Billion	11.96%	16.87x	$136.92 Million
Central Bank of India (CENTRALBK)	$110.28 Billion	11.92%	18.04x	$3.57 Billion
CSB Bank Limited (CSBBANK)	$8.88 Billion	-5.98%	16.74x	$699.76 Million
City Union Bank Limited (CUB)	$48.41 Billion	14.11%	8.35x	$2.17 Billion
DCB Bank Limited (DCBBANK)	$1.64 Billion	-51.93%	21.79x	$649.92 Million

About Tamilnad Mercantile Bank Limited

NSE:TMB India Banks - Regional

Market Cap

$1.27 Billion

Rs117.12 Billion INR

Market Cap Rank

#8083 Global

#377 in India

Share Price

Rs739.65

Change (1 day)

-0.67%

52-Week Range

Rs421.95 - Rs744.65

All Time High

Rs744.65