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Tamilnad Mercantile Bank (BOM:543596) Market Cap : ₹68,851 Mil (As of Apr. 19, 2025)


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What is Tamilnad Mercantile Bank Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tamilnad Mercantile Bank's share price for the quarter that ended in Dec. 2024 was ₹451.65. Tamilnad Mercantile Bank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 158 Mil. Therefore, Tamilnad Mercantile Bank's market cap for the quarter that ended in Dec. 2024 was ₹71,519 Mil.

Tamilnad Mercantile Bank's quarterly market cap declined from Jun. 2024 (₹74,591 Mil) to Sep. 2024 (₹74,449 Mil) and declined from Sep. 2024 (₹74,449 Mil) to Dec. 2024 (₹71,519 Mil).

Tamilnad Mercantile Bank's annual market cap increased from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹64,663 Mil) and increased from Mar. 2023 (₹64,663 Mil) to Mar. 2024 (₹76,871 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tamilnad Mercantile Bank's Enterprise Value for Today is ₹56,383 Mil.


Tamilnad Mercantile Bank Market Cap Historical Data

The historical data trend for Tamilnad Mercantile Bank's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tamilnad Mercantile Bank Market Cap Chart

Tamilnad Mercantile Bank Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
- - - 64,662.63 76,871.49

Tamilnad Mercantile Bank Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79,832.66 76,871.49 74,591.24 74,448.72 71,519.23

Competitive Comparison of Tamilnad Mercantile Bank's Market Cap

For the Banks - Regional subindustry, Tamilnad Mercantile Bank's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tamilnad Mercantile Bank's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tamilnad Mercantile Bank's Market Cap distribution charts can be found below:

* The bar in red indicates where Tamilnad Mercantile Bank's Market Cap falls into.


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Tamilnad Mercantile Bank Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Tamilnad Mercantile Bank's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹485.45*158.351
=₹76,871

Tamilnad Mercantile Bank's Market Cap for the quarter that ended in Dec. 2024 is calculated as

Market Cap (Q: Dec. 2024 )=Share Price (Q: Dec. 2024 )*Shares Outstanding (EOP) (Q: Dec. 2024 )
=₹451.65*158.351
=₹71,519

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tamilnad Mercantile Bank  (BOM:543596) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Tamilnad Mercantile Bank Market Cap Related Terms

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Tamilnad Mercantile Bank Business Description

Traded in Other Exchanges
Address
No. 57, Victoria Extension Road, Tuticorin, TN, IND, 628 002
Tamilnad Mercantile Bank Ltd is the oldest private sector bank in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. The company has a portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. The segments of the bank are Treasury, Corporate and Wholesale banking, Retail banking, and Other banking business services. It generates the majority of its revenue from the Retail banking segment.

Tamilnad Mercantile Bank Headlines

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