Tamilnad Mercantile Bank Unlisted Shares
TAMILNAD MERCANTILE BANK (TMB) 
TMB is one of the biggest scheduled commercial banks located in South India. It contains one of the strongest financial positions and it boasts of a very high CAR as per Basel II norms and also having a consistently growing track record as visible in the numbers below.
Financials of Tamilnad Mercantile Bank Unlisted Shares:
(All Figures are in Crores)
| Parameter | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
| Total Business | 72040 | 65601 | 61624 | 56197 | 54162 | 52946 | 44986 |
| Deposits | 40970 | 36825 | 35136 | 32428 | 32190 | 30368 | 25650 |
| Advances | 31070 | 28236 | 26487 | 23768 | 21972 | 22577 | 19336 |
| Net Profit | 603 | 407 | 258 | 221 | 316 | 402 | 379 |
| CASA | 28.52% | 25.00% | 24.64% | 25.32% | 23.23% | 19.40% | 19.63% |
| NIM | 3.75% | 4.76% | 3.65% | 3.61% | 3.48% | 3.52% | 3.53% |
| G.NPA | 3.49% | 3.62% | 4.32% | 3.60% | 2.91% | 1.84% | 1.63% |
| Net NPA | 1.98% | 1.80% | 2.40% | 2.16% | 1.74% | 0.89% | 0.67% |
NATURE OF INDUSTRY/ACTIVITY : Banking and Finance
ISIN NO : INE 668A 01016
PAID UP EQUITY CAPITAL : F.Y. 2016-17 RS.142.51 CR
FACE VALUE : 10 Rs per share
PROMOTERS : Nadar community
DEPOSITS 32,190.14 Cr.
ADVANCES 21,972.32 Cr.
GROSS NPA 2.91%
FREE RESERVES RS.3081.52 Cr
DECLARED BONUS EX DT / RD 25/5/16 500:1 NOW EX BONUS
NET PROFIT RS.316.66 Cr
EPS : 22 Rs per share
DIVIDEND : 40% FY 2016-17
OUR RECOMMENDATION ON 15-4-2010 AT 13500
OUR PRICE TARGET ON LISTING BY 2017 MARCH RS.2 LAC ON PRE BONUS , 400 ON EX BONUS,Price target achieved as 20.07.2017. Revised target on ex bonus basis 750
Listing on radar in 15 monyhs.
COMPANY WEBSITE : www.tmb.in
LATEST FINANCIALS : DOWNLOAD PL BS
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