Tamilnad Mercantile Bank (NSE:TMB) Tax Expense: ₹4,691 Mil (TTM As of Mar. 2026)


NSE:TMB Tamilnad Mercantile Bank Ltd NSE:TMB
57 GF Score
Price ₹746.10
GF Value ₹560.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tamilnad Mercantile Bank Tax Expense?

Tamilnad Mercantile Bank NSE:TMB +2.16% 57 Tax Expense is ₹4,691 Mil as of Mar. 2026. GuruFocus rates NSE:TMB with a GF Score™ of 57/100 and a GF Value™ of ₹560.10 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tamilnad Mercantile Bank's tax expense for the months ended in Mar. 2026 was ₹1,299 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4,691 Mil.


Tamilnad Mercantile Bank  (NSE:TMB) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Tamilnad Mercantile Bank Tax Expense Related Terms


Tamilnad Mercantile Bank Tax Expense Historical Data

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The historical data trend for Tamilnad Mercantile Bank's Tax Expense 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.

Tamilnad Mercantile Bank Tax Expense Chart

Tamilnad Mercantile Bank Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial 0.00 0.00 3,215.50 3,922.80 4,690.50

Tamilnad Mercantile Bank Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 948.80 990.30 1,149.10 1,252.40 1,298.70
NSE:TMB
57GF Score
Tamilnad Mercantile Bank Ltd NSE:TMB
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamilnad Mercantile Bank Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹4,691 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₹4,691 Mil mean?
Tamilnad Mercantile Bank (NSE:TMB) has a Tax Expense of ₹4,691 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Tamilnad Mercantile Bank and its competitors.
Is Tamilnad Mercantile Bank's Tax Expense too high?
Tamilnad Mercantile Bank's current Tax Expense is ₹4,691 Mil. 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 Tax Expense compare to competitors?
Tamilnad Mercantile Bank's Tax Expense of ₹4,691 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Banks company?
A good Tax Expense depends on the Banks industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Tamilnad Mercantile Bank and its competitors. Tamilnad Mercantile Bank's current Tax Expense is ₹4,691 Mil. 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 ₹560.10, compared to a current price of ₹746.10 — trading 33.2% above its estimated fair value. The current Tax Expense is ₹4,691 Mil. 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 Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Tamilnad Mercantile Bank (NSE:TMB), the current Tax Expense is ₹4,691 Mil 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 ₹746.10 is trading 33.2% above its estimated GF Value™ of ₹560.10. GuruFocus considers Tamilnad Mercantile Bank to be Significantly Overvalued.

Key valuation signals for NSE:TMB:

  • Tax Expense: ₹4,691 Mil
  • GF Value™: ₹560.10 vs. price of ₹746.10 (33.2% above fair value)
  • GF Score™: 57/100 with 5 warning signs

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 Business Description

Other Exchanges 543596:India
Address No. 57, Victoria Extension Road, Tuticorin, TN, IND, 628 002
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

Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹746.10
Price
₹560.10
GF Value