Tamilnad Mercantile BankNSE:TMB +0.57%57 Net Margin % is 39.49% as of Mar. 2026, which is 5% above its 10-year median of 37.53. GuruFocus rates NSE:TMB with a GF Score™ of 57/100 and a GF Value™ of ₹560.53 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,526 Banks companies, Tamilnad Mercantile Bank ranks better than 82.96% on this metric.
The historical rank and industry rank for Tamilnad Mercantile Bank's Net Margin % or its related term are showing as below:
NSE:TMB'
s Net Margin % Range Over the Past 10 Years
Min: 22.09 Med: 37.53 Max: 39.29
Current: 39.29
NSE:TMB's Net Margin % is ranked better than 82.96% of 1526
companies
in the Banks industry
Industry Median: 26.97
vs NSE:TMB: 39.29
Tamilnad Mercantile Bank (NSE:TMB) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Tamilnad Mercantile Bank Net Margin % Related Terms
Tamilnad Mercantile Bank Net Margin % Historical Data
* 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 Net Margin % Competitor Comparison
For the Banks - Regional subindustry, Tamilnad Mercantile Bank's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Tamilnad Mercantile Bank's Net Margin % distribution charts can be found below:
* The bar in red indicates where Tamilnad Mercantile Bank's Net Margin % falls into.
* 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 (NSE:TMB) has a Net Margin % of 39.49% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Tamilnad Mercantile Bank and its competitors. This is near median its historical median of 37.53. Over the past decade, Tamilnad Mercantile Bank's Net Margin % has ranged from 22.09 to 39.29. According to the industry distribution chart, Tamilnad Mercantile Bank ranks #260 out of 1526 companies in the Banks industry, placing it in the top 17%.
Is Tamilnad Mercantile Bank's Net Margin % too high?
Tamilnad Mercantile Bank's current Net Margin % of 39.49% is near median its 10-year median of 37.53. Over the past 10 years, this metric has ranged from a low of 22.09 to a high of 39.29. The Banks industry median Net Margin % is 26.97. Tamilnad Mercantile Bank's value of 39.49% is 46.4% above this industry median. Based on the distribution chart, Tamilnad Mercantile Bank ranks #260 out of 1526 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Tamilnad Mercantile Bank has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamilnad Mercantile Bank's Net Margin % compare to competitors?
According to the Banks industry distribution chart, Tamilnad Mercantile Bank ranks #260 out of 1526 companies for Net Margin %. This places Tamilnad Mercantile Bank in the top 17% of its industry — outperforming the majority of peers. The industry median Net Margin % is 26.97. Tamilnad Mercantile Bank's value of 39.49% is 46.4% above this benchmark. Historically, Tamilnad Mercantile Bank's own Net Margin % has ranged from 22.09 to 39.29 over the past decade. While the company's 10-year median is 37.53 vs. the industry median of 26.97, Tamilnad Mercantile Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.97, based on 1,526 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tamilnad Mercantile Bank's current Net Margin % of 39.49% is 46.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Tamilnad Mercantile Bank and its competitors. For the Banks industry, the median Net Margin % is 26.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamilnad Mercantile Bank's current Net Margin % is 39.49%, which is near median its own 10-year median of 37.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamilnad Mercantile Bank stock overvalued right now?
Based on GuruFocus' analysis, Tamilnad Mercantile Bank (NSE:TMB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹560.53, compared to a current price of ₹763.45 — trading 36.2% above its estimated fair value. The current Net Margin % is 39.49%, which is near median its 10-year median of 37.53 and 46.4% above the Banks industry median of 26.97. Tamilnad Mercantile Bank's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Tamilnad Mercantile Bank (NSE:TMB), the current Net Margin % is 39.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tamilnad Mercantile Bank (NSE:TMB) Overvalued in 2026?
Based on GuruFocus' analysis, Tamilnad Mercantile Bank stock appears to be overvalued.
The current stock price of ₹763.45 is trading 36.2% above its estimated GF Value™ of ₹560.53.
GuruFocus considers Tamilnad Mercantile Bank to be Significantly Overvalued.
Key valuation signals for NSE:TMB:
Net Margin %: 39.49% (near median its 10-year median of 37.53)
GF Value™: ₹560.53 vs. price of ₹763.45 (36.2% above fair value)
Industry Position: 46.4% above the Banks median (#260 of 1526)
No single metric tells the full story. See the NSE:TMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tamilnad Mercantile Bank Ltd is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. 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 Operations. It generates the majority of its revenue from the Retail banking segment.
57GF Score
Get the complete analysis for NSE:TMB
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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