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Tamilnad Mercantile Bank (BOM:543596) Revenue : ₹27,958 Mil (TTM As of Mar. 2024)


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What is Tamilnad Mercantile Bank Revenue?

Tamilnad Mercantile Bank's revenue for the three months ended in Mar. 2024 was ₹7,310 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ₹27,958 Mil. Tamilnad Mercantile Bank's Revenue per Share for the three months ended in Mar. 2024 was ₹46.16. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹176.56.

During the past 12 months, the average Revenue per Share Growth Rate of Tamilnad Mercantile Bank was -2.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Tamilnad Mercantile Bank's highest 3-Year average Revenue per Share Growth Rate was 11.60% per year. The lowest was 4.90% per year. And the median was 8.25% per year.


Tamilnad Mercantile Bank Revenue Historical Data

The historical data trend for Tamilnad Mercantile Bank's Revenue 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.

* Premium members only.

Tamilnad Mercantile Bank Revenue Chart

Tamilnad Mercantile Bank Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Revenue
18,459.66 21,817.01 26,274.71 27,232.30 27,958.30

Tamilnad Mercantile Bank Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,112.10 6,810.80 6,887.90 6,950.10 7,309.50

Competitive Comparison of Tamilnad Mercantile Bank's Revenue

For the Banks - Regional subindustry, Tamilnad Mercantile Bank's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Banks Industry

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

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



Tamilnad Mercantile Bank Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹27,958 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.


Tamilnad Mercantile Bank  (BOM:543596) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Tamilnad Mercantile Bank Revenue Related Terms

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Tamilnad Mercantile Bank (BOM:543596) Business Description

Traded in Other Exchanges
Address
No. 57, Victoria Extension Road, Thoothukudi, 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- wholesale banking, Retail banking, and Other banking business services.

Tamilnad Mercantile Bank (BOM:543596) Headlines

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