Tamilnad Mercantile Bank Profile
Key Indicators
- Authorised Capital ₹ 280.00 Cr
as on 01-07-2024
- Paid Up Capital ₹ 158.35 Cr
as on 01-07-2024
- Company Age 103 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 1.15%
(FY 2023)
- Profit 25.23%
(FY 2023)
- Ebitda 124.37%
(FY 2023)
- Net Worth 29.85%
(FY 2023)
- Total Assets 9.53%
(FY 2023)
About Tamilnad Mercantile Bank
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543596.
The Corporate was formerly known as The Nadar Bank Ltd. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 280.00 Cr and a paid-up capital of Rs 158.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tamilnad Mercantile Bank Limited India is Pudur Krishnan as CFO. Chittur Kumar, Subramaniam Kumar, Chandrasekaran Chiranjeeviraj, and Seven other members serve as directors at the Company.
- CIN/LLPIN
L65110TN1921PLC001908
- Company No.
001908
- Stock Symbol
BSE : 543596
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 May 1921
- Date of AGM
05 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tuticorin, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
- Apps
Who are the key members and board of directors at Tamilnad Mercantile Bank?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnan Sankarasubramanian  | Managing Director | 04-Sep-2022 | Current |
| Pudur Krishnan | CFO | 03-Aug-2021 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Annamalai Sankar | Director | 28-Oct-2020 | Current |
| Chittur Kumar | Nominee Director | 04-Oct-2022 | Current |
| Subramaniam Kumar | Nominee Director | 11-Sep-2020 | Current |
| Chandrasekaran Chiranjeeviraj | Director | 28-Oct-2020 | Current |
| Shanmugam Ashok | Director | 28-Oct-2017 | Current |
| Shivavel Jothi | Director | 27-Mar-2017 | Current |
Financial Performance and Corporate Structure Insights of Tamilnad Mercantile Bank.
Tamilnad Mercantile Bank Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.15% increase. The company also saw a substantial improvement in profitability, with a 25.23% increase in profit. The company's net worth Soared by an impressive increase of 29.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Tamilnad Mercantile Bank?
In 2022, Tamilnad Mercantile Bank had a public holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Tamilnad Mercantile Bank?
Unlock and access historical data on people associated with Tamilnad Mercantile Bank, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tamilnad Mercantile Bank, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tamilnad Mercantile Bank's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
