Electronic structure of a ternary TmPdIn compound, which crystallizes in the hexagonal ZrNiAl-type structure, was studied by X-ray photoemission spectroscopy and ultraviolet photoemission spectroscopy. Density of states in the valence band was calculated by means of the augmented plane wave/local orbital method based on density functional theory. The results showed that the valence band is formed mainly of Tm 4f and Pd 4d states. In the ultraviolet photoemission spectra one can distinguish Pd 4d maximum and Tm 4f multiplet peaks, which are displaced with respect to those of pure Tm.