Bank of Maharashtra

Bank of Maha Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Bank of Maharashtra

₹ 84.2 2.73%
10 Jul - close price
bankofmaharashtra.bank.in BSE: 532525 NSE: MAHABANK
About

Bank of Maharashtra is engaged in providing banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other banking operations.[1]

Key Points

Revenue Breakup
Retail Banking: ~46% in Q3 FY26 vs ~35% in FY22
Corporate/ Wholesale Banking: ~35% in Q3 FY26 vs ~30% in FY22
Treasury: 19% in Q3 FY26 vs 32% in FY22
Other Operations: 1% in Q3 FY26 vs 3% in FY22 [1][2]

Website BSE NSE
  • Market Cap ₹ 64,801 Cr.
  • Current Price ₹ 84.2
  • High / Low ₹ 94.5 / 51.7
  • Stock P/E 8.70
  • Book Value ₹ 46.2
  • Dividend Yield 2.61 %
  • ROCE 6.03 %
  • ROE 22.8 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has delivered good profit growth of 66.4% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 19.5%

Cons

  • Company has low interest coverage ratio.
  • Tax rate seems low
  • Contingent liabilities of Rs.50,756 Cr.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Financial Services Financial Services Banks Public Sector Bank

Part of BSE 500 BSE PSU Nifty 500 Nifty PSU Bank Nifty Dividend Opportunities 50

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
4,789 5,068 5,171 5,467 5,875 6,017 6,325 6,731 7,054 7,128 7,344 7,755 8,035
Interest 2,449 2,636 2,706 2,882 3,076 3,211 3,381 3,614 3,762 3,881 3,922 4,053 4,265
1,881 2,164 2,076 2,339 2,349 2,219 2,269 2,561 2,414 2,274 2,348 2,311 2,522
Financing Profit 458 268 390 246 450 588 675 556 878 973 1,075 1,391 1,248
Financing Margin % 10% 5% 8% 4% 8% 10% 11% 8% 12% 14% 15% 18% 16%
629 668 680 1,022 894 792 788 981 825 845 933 938 1,029
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1,087 936 1,069 1,267 1,344 1,380 1,462 1,536 1,703 1,818 2,007 2,329 2,277
Tax % 19% 2% 3% 4% 4% 4% 4% 3% 6% 10% 11% 14% 11%
882 920 1,036 1,218 1,293 1,327 1,406 1,493 1,593 1,633 1,779 2,014 2,020
EPS in Rs 1.25 1.30 1.46 1.72 1.83 1.87 1.83 1.94 2.07 2.12 2.31 2.62 2.63
Gross NPA % 2.28% 2.19% 2.04% 1.88% 1.85% 1.84% 1.80% 1.74% 1.74% 1.72% 1.60% 1.45% 1.45%
Net NPA % 0.24% 0.23% 0.22% 0.20% 0.20% 0.20% 0.20% 0.18% 0.18% 0.18% 0.15% 0.13% 0.13%
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
12,665 13,053 12,062 11,096 10,850 11,495 11,869 13,019 15,898 20,495 24,947 29,282 30,262
Interest 8,790 9,174 8,887 7,707 7,116 7,217 6,971 6,975 8,158 10,673 13,282 15,618 16,120
3,952 4,331 6,708 8,033 10,169 5,978 6,383 6,468 6,314 8,237 9,107 9,004 9,455
Financing Profit -77 -452 -3,534 -4,643 -6,435 -1,699 -1,485 -424 1,427 1,585 2,559 4,660 4,687
Financing Margin % -1% -3% -29% -42% -59% -15% -13% -3% 9% 8% 10% 16% 15%
1,006 1,019 1,508 1,506 1,547 1,649 2,628 2,652 2,280 2,998 3,454 3,541 3,745
Depreciation 115 149 118 129 241 211 188 268 262 223 291 344 0
Profit before tax 813 418 -2,143 -3,266 -5,129 -260 954 1,960 3,445 4,359 5,722 7,857 8,432
Tax % 45% 76% -36% -65% -7% -249% 42% 41% 24% 7% 4% 11%
451 101 -1,373 -1,146 -4,784 389 550 1,152 2,602 4,055 5,520 7,019 7,447
EPS in Rs 4.24 0.86 -11.75 -4.41 -17.38 0.67 0.84 1.71 3.87 5.73 7.18 9.13 9.68
Dividend Payout % 19% 0% 0% 0% 0% 0% 0% 29% 34% 24% 21% 13%
Compounded Sales Growth
10 Years: 8%
5 Years: 20%
3 Years: 23%
TTM: 16%
Compounded Profit Growth
10 Years: 53%
5 Years: 66%
3 Years: 39%
TTM: 28%
Stock Price CAGR
10 Years: 10%
5 Years: 29%
3 Years: 38%
1 Year: 51%
Return on Equity
10 Years: 10%
5 Years: 20%
3 Years: 23%
Last Year: 23%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 1,063 1,168 1,168 2,598 2,753 5,824 6,560 6,730 6,730 7,081 7,692 7,692
Reserves 7,004 7,619 6,211 7,346 2,986 4,931 5,573 7,154 8,880 12,593 20,798 25,416
Deposits 125,924 142,795 139,053 138,981 140,650 150,066 174,006 202,294 234,083 270,747 307,143 350,564
Borrowing 7,322 5,423 8,137 4,064 10,149 3,670 4,239 7,747 10,766 7,719 23,853 35,234
4,706 3,952 4,755 3,340 7,997 4,375 6,287 6,685 7,193 8,998 9,658 8,457
Total Liabilities 146,019 160,957 159,324 156,329 164,536 168,867 196,665 230,611 267,651 307,138 369,142 427,363
1,432 1,694 1,564 1,487 1,741 1,604 1,622 2,036 2,149 2,200 2,911 2,954
CWIP 0 0 22 30 34 72 52 205 8 10 4 8
Investments 32,765 36,231 38,590 43,623 59,697 57,741 68,112 68,590 68,867 68,274 82,005 101,480
111,822 123,032 119,148 111,189 103,063 109,450 126,879 159,780 196,628 236,654 284,222 322,921
Total Assets 146,019 160,957 159,324 156,329 164,536 168,867 196,665 230,611 267,651 307,138 369,142 427,363

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-1,083 2,885 7,498 -1,723 -10,823 703 2,467 6,898 -1,438 11,597 7,649 -10,989
-151 -132 -99 -134 -126 -109 -189 -302 -177 -275 -516 -853
1,885 -186 -77 1,100 4,220 698 217 378 228 461 4,750 -2,607
Net Cash Flow 651 2,567 7,322 -758 -6,729 1,292 2,495 6,974 -1,387 11,783 11,883 -14,449
Free Cash Flow -1,234 2,753 7,399 -1,858 -10,949 594 2,278 6,596 -1,615 11,321 7,133 -11,394
CFO/OP -12% 38% 140% -56% -1,590% 13% 45% 105% -15% 95% 48% -54%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
ROE % 6% 1% -17% -13% -61% 5% 5% 9% 18% 23% 23% 23%

Insights

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Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Gross NPA %
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Total Branches
Number
CASA Ratio
%
PMJDY Accounts
Lakhs
RAM % to Gross/Domestic Advances
%
Total Employees
Number
UPI/BHIM Users
Million

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

7 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
86.46% 86.46% 86.46% 86.46% 86.46% 79.60% 79.60% 79.60% 79.60% 73.60% 73.60% 73.60%
0.59% 0.45% 1.04% 1.20% 1.26% 1.54% 1.72% 1.89% 2.35% 4.92% 5.55% 5.82%
5.17% 4.71% 4.68% 4.58% 4.46% 10.88% 10.67% 10.40% 10.06% 13.50% 13.93% 14.28%
7.76% 8.37% 7.80% 7.75% 7.81% 7.99% 8.00% 8.11% 8.00% 7.97% 6.93% 6.32%
No. of Shareholders 6,06,0466,77,0878,46,7469,19,6639,48,4329,95,54310,06,2659,91,9309,74,4849,52,7759,01,4108,75,943

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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