Bank of Maharashtra
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]
- Market Cap ₹ 38,950 Cr.
- Current Price ₹ 50.6
- High / Low ₹ 73.5 / 38.1
- Stock P/E 7.06
- Book Value ₹ 37.3
- Dividend Yield 2.95 %
- ROCE 5.78 %
- ROE 22.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 69.7% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 26.2%
Cons
- Company has low interest coverage ratio.
- Tax rate seems low
- Contingent liabilities of Rs.45,131 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
Sector: Banks Industry: Banks - Public Sector
Part of BSE MidCap Nifty PSU Bank Nifty 500 BSE Allcap Nifty LargeMidcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11,957 | 12,665 | 13,053 | 12,062 | 11,096 | 10,850 | 11,496 | 11,869 | 13,019 | 15,899 | 20,495 | 24,948 | |
Interest | 8,447 | 8,790 | 9,174 | 8,886 | 7,706 | 7,115 | 7,216 | 6,970 | 6,974 | 8,157 | 10,672 | 13,281 |
3,918 | 3,953 | 4,332 | 6,709 | 8,034 | 9,825 | 5,330 | 6,788 | 7,278 | 6,314 | 8,238 | 9,398 | |
Financing Profit | -409 | -78 | -453 | -3,533 | -4,643 | -6,090 | -1,050 | -1,889 | -1,233 | 1,428 | 1,585 | 2,269 |
Financing Margin % | -3% | -1% | -3% | -29% | -42% | -56% | -9% | -16% | -9% | 9% | 8% | 9% |
907 | 1,020 | 1,037 | 1,525 | 1,540 | 1,568 | 1,660 | 2,649 | 2,655 | 2,283 | 3,015 | 3,455 | |
Depreciation | 100 | 115 | 149 | 118 | 129 | 241 | 211 | 188 | 268 | 262 | 223 | 0 |
Profit before tax | 399 | 827 | 435 | -2,126 | -3,232 | -4,763 | 399 | 571 | 1,153 | 3,448 | 4,377 | 5,724 |
Tax % | 0% | 44% | 73% | -36% | -66% | 0% | 0% | 0% | 0% | 24% | 7% | 4% |
399 | 465 | 118 | -1,356 | -1,112 | -4,763 | 399 | 571 | 1,153 | 2,605 | 4,072 | 5,542 | |
EPS in Rs | 4.75 | 4.37 | 1.01 | -11.61 | -4.28 | -17.30 | 0.68 | 0.87 | 1.71 | 3.87 | 5.75 | 7.21 |
Dividend Payout % | 21% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 29% | 34% | 24% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 17% |
3 Years: | 24% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 28% |
5 Years: | 70% |
3 Years: | 69% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 40% |
3 Years: | 42% |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 17% |
3 Years: | 21% |
Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 839 | 1,063 | 1,168 | 1,168 | 2,598 | 2,753 | 5,824 | 6,560 | 6,730 | 6,730 | 7,081 | 7,692 |
Reserves | 5,983 | 7,060 | 7,692 | 6,301 | 7,469 | 3,130 | 5,085 | 5,748 | 7,331 | 9,060 | 12,789 | 21,016 |
Deposits | 119,599 | 125,915 | 142,785 | 139,040 | 138,967 | 140,636 | 150,050 | 173,989 | 202,275 | 234,064 | 270,726 | 307,120 |
Borrowing | 6,109 | 7,322 | 5,423 | 8,137 | 4,064 | 10,149 | 3,670 | 4,239 | 7,747 | 10,766 | 7,719 | 23,853 |
3,831 | 4,713 | 3,961 | 4,765 | 3,351 | 8,008 | 4,388 | 6,299 | 6,700 | 7,207 | 9,013 | 9,673 | |
Total Liabilities | 136,360 | 146,073 | 161,029 | 159,411 | 156,449 | 164,676 | 169,018 | 196,835 | 230,783 | 267,827 | 307,329 | 369,354 |
1,446 | 1,432 | 1,695 | 1,564 | 1,487 | 1,741 | 1,604 | 1,622 | 2,036 | 2,149 | 2,200 | 2,916 | |
CWIP | 0 | 0 | 0 | 22 | 30 | 34 | 72 | 52 | 205 | 8 | 10 | 0 |
Investments | 37,290 | 32,819 | 36,302 | 38,677 | 43,742 | 59,837 | 57,891 | 68,281 | 68,762 | 69,042 | 68,465 | 82,216 |
97,625 | 111,822 | 123,033 | 119,148 | 111,189 | 103,064 | 109,451 | 126,880 | 159,780 | 196,628 | 236,655 | 284,222 | |
Total Assets | 136,360 | 146,073 | 161,029 | 159,411 | 156,449 | 164,676 | 169,018 | 196,835 | 230,783 | 267,827 | 307,329 | 369,354 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-173 | -1,083 | 2,904 | 7,498 | -1,723 | -10,842 | 693 | 2,447 | 6,896 | -1,440 | 11,581 | 7,628 | |
-171 | -151 | -151 | -99 | -134 | -106 | -100 | -169 | -300 | -175 | -260 | -495 | |
274 | 1,885 | -186 | -77 | 1,100 | 4,220 | 698 | 217 | 378 | 228 | 461 | 4,750 | |
Net Cash Flow | -70 | 651 | 2,567 | 7,322 | -758 | -6,729 | 1,292 | 2,495 | 6,974 | -1,387 | 11,783 | 11,883 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 6% | 6% | 1% | -17% | -13% | -60% | 5% | 5% | 9% | 17% | 23% | 23% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015- Release Of Capital For Amalgamation Of Regional Rural Bank (RRB)
1d - Bank of Maharashtra transferred Rs.450.46 crore share capital to Bank of India for RRB amalgamation.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Bank of Maharashtra Q4 FY25: 15.3% business growth, 36% net profit rise, 1.74% NPA, 15% dividend recommended.
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Mrs. Chitra Datar retired as General Manager of Bank of Maharashtra on 30 April 2025.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Apr - Newspaper publication on the financial results of the Bank
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Concalls
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Apr 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Jan 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Oct 2024Transcript PPT
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Jul 2024Transcript PPT REC
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May 2024Transcript PPT REC
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Mar 2024TranscriptNotesPPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT REC
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Jul 2023Transcript PPT
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May 2023Transcript PPT
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Apr 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2022TranscriptPPT
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May 2022TranscriptNotesPPT
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Jan 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Feb 2018Transcript PPT
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Nov 2017TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
Revenue Breakup
Retail Banking: ~39% in FY24 vs ~35% in FY22
Corporate/ Wholesale Banking: ~36% in FY24 vs ~30% in FY22
Treasury: 21% in FY24 vs 32% in FY22
Other Operations: 4% in FY24 vs 3% in FY22 [1] [2]