Unlisted stock broker in india

Blog

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)

Parameter2021202020192018201720162015
Total Business72040656016162456197541625294644986
Deposits40970368253513632428321903036825650
Advances31070282362648723768219722257719336
Net Profit603 407258221316402379
CASA28.52%25.00%24.64%25.32%23.23%19.40%19.63%
NIM3.75%4.76%3.65%3.61%3.48%3.52%3.53%
G.NPA3.49%3.62%4.32%3.60%2.91%1.84%1.63%
Net NPA1.98%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

Buy shares of Chennai Super Kings  Buy Shares of ONE97 COMMUNICATIONS  Buy shares of Hdb financial services  Buy shares of Bharat Nidhi ltd  Buy shares of Paytm  Buy Shares of Indofil industries ltd 

Leave a Reply

    Our customer support team is here to answer your questions. Ask us anything!