TickerKhojComparison · NSE · data 2026-11-02
Equitas Small Finance Bank Ltd. vs Tamilnad Mercantile Bank Limited
In plain words
Size: Tamilnad Mercantile Bank Limited is about 2.1 times the market value of Equitas Small Finance Bank Ltd..
Return on equity: Tamilnad Mercantile Bank Limited 14% vs Equitas Small Finance Bank Ltd. 1.7%.
Profit growth over 3 years: Tamilnad Mercantile Bank Limited 9.1% a year vs Equitas Small Finance Bank Ltd. -43.6% a year.
Debt to equity: Equitas Small Finance Bank Ltd. 2.32 vs Tamilnad Mercantile Bank Limited 0.12.
Differences in the numbers, not a recommendation of either stock.
Side by side
| EQUITASBNK | TMB | |
|---|---|---|
| Price | ₹53.85 | ₹803 |
| Market cap | ₹6,112 cr | ₹12,685 cr |
| P/E | 8.8 | 8.1 |
| P/B | 0.9 | 1.2 |
| ROE | 1.7% | 14.0% |
| ROCE | 0.3% | 2.4% |
| Debt / equity | 2.32 | 0.12 |
| Operating margin | 18.5% | 55.7% |
| Dividend yield | 0.00% | 1.56% |
| Sales growth, 3 years (yearly) | 17.7% | 12.4% |
| Profit growth, 3 years (yearly) | -43.6% | 9.1% |
| 1-year return | -9.6% | 66.1% |
| Revenue, last 12 months | ₹8,654 cr | ₹7,411 cr |
| Net profit, last 12 months | ₹704 cr | ₹1,578 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹218 cr | ₹451 cr |
| Quarter profit vs a year earlier | +803.2% | +42.1% |
| Promoter holding | — | — |
| Health check | Average (4.3/10) | Strong (6.9/10) |
Common questions
Which has a higher P/E, Equitas Small Finance Bank Ltd. or Tamilnad Mercantile Bank Limited?
Equitas Small Finance Bank Ltd. trades at the higher P/E (8.8 against 8.1). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Tamilnad Mercantile Bank Limited (14.0% against 1.7%).
Which carries more debt?
Equitas Small Finance Bank Ltd. has the higher debt-to-equity ratio (2.32 against 0.12).