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TAMILLNADU MERCANTILE BANK Unlisted Shares

TAMILLNADU MERCANTILE BANK

TAMIL NADU 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.
Financial Performance Highlights

Parameter 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12
All above figures are Rupees (Rs. ) in Crores.
Total Business Rs. 56,197.05 Rs. 54,162.47 Rs. 52,946.58 Rs. 44,986.00 Rs. 39,790.00 Rs. 36,480.00 Rs. 31,034.00
Deposits Rs. 32,428.33 Rs. 32,190.15 Rs. 30,368.87 Rs. 25,650.00 Rs. 22,646.00 Rs. 20,224.00 Rs. 17,137.00
Advances Rs. 23,768.72 Rs. 21,972.32 Rs. 22,577.71 Rs. 19,336.00 Rs. 17,144.00 Rs. 16,256.00 Rs. 13,897.00
Forex Turnover Rs. 26,923.36 Rs. 28,411.85 Rs. 23,388.68 Rs. 19,682.00 Rs. 18,926.00 Rs. 15,927.00 Rs. 12,088.00
Net Profit Rs. 221.92 Rs. 316.66 Rs. 402.16 Rs. 379.00 Rs. 301.00 Rs. 440.00 Rs. 313.46
Operating Profit Rs. 1,005.99 Rs. 875.63 Rs. 725.49 Rs. 607.00 Rs. 613.00 Rs. 690.00 Rs. 532.87

 

Parameter 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13
CASA 25.32% 23.23% 19.40% 19.63% 19.02% 18.30%
Return on Equity 6.70% 10.27% 14.39% 15.60% 14.02% 24.08%
Return on Assets 0.59% 0.86% 1.23% 1.38% 1.19% 2.01%
Net Interest Margin 3.61% 3.48% 3.52% 3.53% 3.87% 4.33%
Capital Adequacy Ratio (Basel II) 14.86% 14.05% 12.78% 13.89% 15.73% 15.01%
Gross NPA 3.60% 2.91% 1.84% 1.63% 2.46% 1.31%
Net NPA 2.16% 1.74% 0.89% 0.67% 1.22% 0.66%

 

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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