Indian Company Master Data Made Simple
Tamilnad Mercantile Bank Limited
Tamilnad Mercantile Bank Limited, established in 1921, boasts 105 years of expertise in its field. The company’s Corporate Identification Number is L65110TN1921PLC001908; registration no. 1908. It falls under the category of company limited by shares. Authorized capital of the company is recorded at ₹280.00 crore. The company’s paid-up capital is ₹158.35 crore.
Its primary business activity involves financial intermediation; except insurance and pension funding. It operates under Chennai’s corporate registry. Tamilnad Mercantile Bank Limited’s registered office is at 57,victoria Extension Road, Thoothukudi, Tamil Nadu, India, 628002. The entity is active and conducting operations. Its registered PAN is AAACT5558K as per government records. The company has been issued the Legal Entity Identifier code 335800AYAN6LJY14L887. The company may be contacted through its official email: mdoffice@tmbank.in. The company’s top executive team comprises Sanjoy Kumar Goel (CFO) and Sanjoy Kumar Goel (CFO).
Company Overview
- CIN
- Date of Incorporation
- 10/05/1921
- Company Status
- Active
- RoC
- Chennai
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- BIC
- TMBLINBBXXX
- Authorized Capital
- ₹2,80,00,00,000.00
- Paid up Capital
- ₹1,58,35,14,540.00
- Activity
- Financial Intermediation; Except Insurance And Pension Funding
- mdoffice@tmbank.in
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Andhra Pradesh | 37AAACT5558K1ZW | Active |
| Assam | 18AAACT5558K1ZW | Active |
| Andaman and Nicobar Islands | 35AAACT5558K1Z0 | Active |
| Chhattisgarh | 22AAACT5558K1Z7 | Active |
| Delhi | 07AAACT5558K1ZZ | Active |
| Dadra and Nagar Haveli and Daman and Diu | 26AAACT5558K1ZZ | Active |
| Gujarat | 24AAACT5558K1Z3 | Active |
| 24AAACT5558K2Z2 | Inactive | |
| Haryana | 06AAACT5558K1Z1 | Active |
| Kerala | 32AAACT5558K3Z4 | Inactive |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8668A01015 | TAMILNAD MERCANTILE BANK LIMITED EQ LISTING/TRDG APRVL AWAITED | - | 12/10/2026 | TAMILNAD MER BK/SH VTG | ESVUFN |
| INE668A01016 | TAMILNAD MERCANTILE BANK LIMITED EQ | - | 12/10/2026 | TAMILNAD MER BK/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Net PPE | ₹31,055.53L | ₹28,448.38L | ₹27,097.98L | ₹24,564.82L |
| Gross PPE | ₹1,05,498.34L | ₹93,634.11L | ₹83,660.40L | ₹73,610.05L |
| Total Debt | ₹70,000.00L | ₹50,000.00L | ₹49,953.60L | ₹52,500.00L |
| Common Stock | ₹15,835.15L | ₹15,835.15L | ₹15,835.15L | ₹15,835.15L |
| Share Issued | ₹1,583.51L | ₹1,583.51L | ₹1,583.51L | ₹1,583.51L |
| Total Assets | ₹75,29,959.75L | ₹66,44,987.04L | ₹61,55,246.01L | ₹57,89,536.58L |
| Capital Stock | ₹15,835.15L | ₹15,835.15L | ₹15,835.15L | ₹15,835.15L |
| Prepaid Assets | ₹1,10,794.56L | ₹1,78,543.78L | ₹1,39,891.03L | ₹1,07,319.33L |
| Invested Capital | ₹10,81,016.10L | ₹9,50,869.26L | ₹8,42,073.83L | ₹7,45,334.00L |
| Other Properties | ₹94,789.48L | ₹84,346.32L | ₹74,570.44L | ₹65,532.35L |
| Retained Earnings | ₹35,515.80L | ₹26,029.05L | ₹21,914.47L | ₹12,328.79L |
| Common Stock Equity | ₹10,11,016.10L | ₹9,00,869.26L | ₹7,92,120.23L | ₹6,92,834.55L |
| Net Tangible Assets | ₹10,11,016.10L | ₹9,00,869.26L | ₹7,92,120.23L | ₹6,92,834.55L |
| Tangible Book Value | ₹10,11,016.10L | ₹9,00,869.26L | ₹7,92,120.23L | ₹6,92,834.55L |
| Stockholders Equity | ₹10,11,016.10L | ₹9,00,869.26L | ₹7,92,120.23L | ₹6,92,834.55L |
| Total Capitalization | ₹10,81,016.10L | ₹9,50,869.26L | ₹8,42,073.83L | ₹7,45,334.00L |
| Ordinary Shares Number | ₹1,583.51L | ₹1,583.51L | ₹1,583.51L | ₹1,583.51L |
| Cash And Cash Equivalents | ₹4,21,493.93L | ₹4,40,824.69L | ₹3,56,812.19L | ₹3,58,198.54L |
| Accumulated Depreciation | -₹74,442.81L | -₹65,185.73L | -₹56,562.42L | -₹49,045.23L |
| Additional Paid In Capital | ₹76,922.74L | ₹76,922.74L | ₹76,922.74L | ₹76,922.74L |
| Total Equity Gross Minority Interest | ₹10,11,016.10L | ₹9,00,869.26L | ₹7,92,120.23L | ₹6,92,834.55L |
| Total Liabilities Net Minority Interest | ₹65,18,943.65L | ₹57,44,117.78L | ₹53,63,125.78L | ₹50,96,702.03L |
| Long Term Debt And Capital Lease Obligation | ₹70,000.00L | ₹50,000.00L | ₹49,953.60L | ₹52,500.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹22,922.86L | ₹1,79,356.94L | -₹71,127.00L | -₹1,35,938.04L | ₹0.00L |
| Changes In Cash | -₹19,330.76L | ₹84,012.49L | -₹1,386.35L | -₹27,001.81L | ₹0.00L |
| End Cash Position | ₹4,21,493.92L | ₹4,40,824.68L | ₹3,56,812.19L | ₹3,58,198.54L | ₹0.00L |
| Financing Cash Flow | ₹2,581.34L | -₹95,950.26L | ₹69,697.54L | ₹1,08,838.02L | ₹0.00L |
| Investing Cash Flow | -₹11,824.72L | -₹9,920.97L | -₹10,030.00L | -₹8,859.78L | ₹0.00L |
| Operating Cash Flow | -₹10,087.38L | ₹1,89,883.72L | -₹61,053.89L | -₹1,26,980.05L | ₹0.00L |
| Capital Expenditure | -₹12,835.48L | -₹10,526.78L | -₹10,073.11L | -₹8,957.99L | ₹0.00L |
| Beginning Cash Position | ₹4,40,824.68L | ₹3,56,812.19L | ₹3,58,198.54L | ₹3,85,200.35L | ₹0.00L |
| Issuance Of Capital Stock | ₹0.00L | ₹0.00L | ₹0.00L | ₹78,506.74L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹1,33,754.76L | ₹1,18,260.72L | ₹1,07,203.25L | ₹1,02,925.90L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Pretax Income | ₹1,80,660.31L | ₹1,57,488.97L | ₹1,39,357.93L | ₹1,02,925.90L |
| Tax Provision | ₹46,905.00L | ₹39,228.00L | ₹32,155.00L | ₹36,438.00L |
| Total Revenue | ₹3,40,393.93L | ₹3,15,088.56L | ₹2,79,563.64L | ₹2,72,310.56L |
| Interest Income | ₹5,81,941.45L | ₹5,29,126.70L | ₹4,84,790.94L | ₹4,08,104.17L |
| Interest Expense | ₹3,29,214.54L | ₹2,99,034.01L | ₹2,69,701.58L | ₹1,98,691.59L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized Income | ₹1,33,724.75L | ₹1,18,221.12L | ₹1,03,341.28L | ₹1,02,916.77L |
| Operating Expense | ₹1,55,299.16L | ₹1,41,311.33L | ₹1,31,473.06L | ₹1,15,039.43L |
| Operating Revenue | ₹3,40,393.93L | ₹3,15,088.56L | ₹2,79,563.64L | ₹2,72,310.56L |
| Net Interest Income | ₹2,52,726.91L | ₹2,30,092.69L | ₹2,15,089.36L | ₹2,09,412.58L |
| Total Unusual Items | ₹40.54L | ₹52.74L | ₹5,020.35L | ₹13.05L |
| Basic Average Shares | ₹1,583.51L | ₹1,583.51L | ₹1,583.51L | ₹1,583.51L |
| Diluted Average Shares | ₹1,583.51L | ₹1,583.51L | ₹1,583.51L | ₹1,583.51L |
| Net Income Extraordinary | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Operating Expenses | ₹44,239.08L | ₹40,256.66L | ₹36,871.38L | ₹30,774.55L |
| Reconciled Depreciation | ₹9,258.11L | ₹8,623.31L | ₹7,517.20L | ₹5,391.54L |
| Tax Effect Of Unusual Items | ₹10.53L | ₹13.14L | ₹1,158.38L | ₹3.92L |
| Selling And Marketing Expense | ₹1,816.78L | ₹1,654.95L | ₹1,308.97L | ₹986.59L |
| Net Income Common Stockholders | ₹1,33,754.76L | ₹1,18,260.72L | ₹1,07,203.25L | ₹1,02,925.90L |
| Net Income Continuous Operations | ₹1,33,755.31L | ₹1,18,260.97L | ₹1,07,202.93L | ₹1,02,925.90L |
| Diluted NIAvailto Com Stockholders | ₹1,33,754.76L | ₹1,18,260.72L | ₹1,07,203.25L | ₹1,02,925.90L |
| General And Administrative Expense | ₹369.07L | ₹333.83L | ₹293.56L | ₹348.09L |
| Selling General And Administration | ₹2,185.85L | ₹1,988.78L | ₹1,602.53L | ₹1,334.68L |
| Total Unusual Items Excluding Goodwill | ₹40.54L | ₹52.74L | ₹5,020.35L | ₹13.05L |
| Net Income Including Noncontrolling Interests | ₹1,33,755.31L | ₹1,18,260.97L | ₹1,07,202.93L | ₹1,02,925.90L |
| Net Income From Continuing And Discontinued Operation | ₹1,33,754.76L | ₹1,18,260.72L | ₹1,07,203.25L | ₹1,02,925.90L |
| Net Income From Continuing Operation Net Minority Interest | ₹1,33,754.76L | ₹1,18,260.72L | ₹1,07,203.25L | ₹1,02,925.90L |
Company Performance (FY23–FY26)
Directors
Business Network
Directors 16
- Salee Sukumaran NairManaging Director
- Vincent Menachery DevassyWhole-time director
- Ravindran KodeeswaranDirector
- Shanmugam Rajendran AravindkumarDirector
- Krishnaswamy RamachandranDirector
- Arumugasami ShidambaranathanDirector
- Rajkumar KanagavalliDirector
- Deepak Shankar Ramesh PrabhuDirector
- Rama Moorthy Kumarabommarajpuram VenkataDirector
- Srirengarajan SridharanDirector
- Chandrasekaran ChiranjeevirajDirector
- Niranjan Sankar AnnamalaiDirector
- Visvanathan SrinivasanNominee Director
- Chittur Subramanian Ram KumarNominee Director
- Sanjoy Kumar GoelCFO
- Swapnil Ashok YelgaonkarCompany Secretary
Latest Documents
| Date | Title | Size |
|---|---|---|
| 16/12/2024 | Form Addendum to AOC-4 CSR-16122024 | - |
| 15/11/2024 | Form MGT-7-15112024 | - |
| 07/11/2024 | Form AOC-4-25102024 | - |
| 01/02/2024 | Form Addendum to AOC-4 CSR-01022024_signed | - |
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Address
Frequently Asked Questions
The current board member of Tamilnad Mercantile Bank Limited are:
- Chandrasekaran Chiranjeeviraj
- Niranjan Sankar Annamalai
- Chittur Subramanian Ram Kumar
- Rama Moorthy Kumarabommarajpuram Venkata
- Shanmugam Rajendran Aravindkumar
- Ravindran Kodeeswaran
- Visvanathan Srinivasan
- Krishnaswamy Ramachandran
- Sanjoy Kumar Goel
- Arumugasami Shidambaranathan
- Vincent Menachery Devassy
- Rajkumar Kanagavalli
- Swapnil Ashok Yelgaonkar
- Deepak Shankar Ramesh Prabhu
- Salee Sukumaran Nair
- Srirengarajan Sridharan