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 ₹ 32,971 Cr.
- Current Price ₹ 46.6
- High / Low ₹ 51.9 / 22.8
- Stock P/E 9.63
- Book Value ₹ 23.5
- Dividend Yield 2.78 %
- ROCE 4.44 %
- ROE 17.4 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 34.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.9%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.46% over past five years.
- Tax rate seems low
- Company has a low return on equity of 10.9% over last 3 years.
- Contingent liabilities of Rs.30,931 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 7,214 | 9,613 | 11,957 | 12,665 | 13,053 | 12,062 | 11,096 | 10,850 | 11,496 | 11,869 | 13,019 | 15,899 | 18,483 |
Interest | 4,696 | 6,580 | 8,447 | 8,790 | 9,174 | 8,886 | 7,706 | 7,115 | 7,216 | 6,970 | 6,974 | 8,157 | 9,542 |
2,434 | 2,530 | 3,918 | 3,953 | 4,332 | 6,709 | 8,034 | 9,825 | 5,330 | 6,788 | 7,278 | 7,157 | 7,766 | |
Financing Profit | 83 | 503 | -409 | -78 | -453 | -3,533 | -4,643 | -6,090 | -1,050 | -1,889 | -1,233 | 584 | 1,175 |
Financing Margin % | 1% | 5% | -3% | -1% | -3% | -29% | -42% | -56% | -9% | -16% | -9% | 4% | 6% |
648 | 922 | 907 | 1,020 | 1,037 | 1,525 | 1,540 | 1,568 | 1,660 | 2,649 | 2,655 | 2,283 | 2,758 | |
Depreciation | 66 | 74 | 100 | 115 | 149 | 118 | 129 | 241 | 211 | 188 | 268 | 262 | 0 |
Profit before tax | 665 | 1,352 | 399 | 827 | 435 | -2,126 | -3,232 | -4,763 | 399 | 571 | 1,153 | 2,605 | 3,933 |
Tax % | 34% | 43% | 0% | 44% | 73% | 36% | 66% | 0% | 0% | 0% | 0% | 0% | |
437 | 769 | 399 | 465 | 118 | -1,356 | -1,112 | -4,763 | 399 | 571 | 1,153 | 2,605 | 3,421 | |
EPS in Rs | 7.41 | 11.63 | 4.75 | 4.37 | 1.01 | -11.61 | -4.28 | -17.30 | 0.68 | 0.87 | 1.71 | 3.87 | 4.95 |
Dividend Payout % | 30% | 20% | 21% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 29% | 34% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 7% |
3 Years: | 11% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 34% |
3 Years: | 88% |
TTM: | 107% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 30% |
3 Years: | 48% |
1 Year: | 66% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | 0% |
3 Years: | 11% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 590 | 661 | 839 | 1,063 | 1,168 | 1,168 | 2,598 | 2,753 | 5,824 | 6,560 | 6,730 | 6,730 | 7,081 |
Reserves | 3,564 | 5,176 | 5,983 | 7,060 | 7,692 | 6,301 | 7,469 | 3,130 | 5,085 | 5,748 | 7,331 | 9,060 | |
Preference Capital | 588 | 588 | 588 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
83,467 | 107,208 | 125,120 | 133,237 | 148,208 | 147,177 | 143,030 | 150,785 | 153,720 | 178,228 | 210,022 | 244,830 | ||
3,535 | 3,935 | 4,419 | 4,713 | 3,961 | 4,765 | 3,351 | 8,008 | 4,388 | 6,299 | 6,700 | 7,207 | ||
Total Liabilities | 91,156 | 116,981 | 136,360 | 146,073 | 161,029 | 159,411 | 156,449 | 164,676 | 169,018 | 196,835 | 230,783 | 267,827 | |
601 | 1,429 | 1,446 | 1,432 | 1,695 | 1,564 | 1,487 | 1,741 | 1,604 | 1,622 | 2,036 | 2,149 | ||
CWIP | 0 | 0 | 0 | 0 | 0 | 22 | 30 | 34 | 72 | 52 | 205 | 8 | |
Investments | 26,050 | 31,458 | 37,290 | 32,819 | 36,302 | 38,677 | 43,742 | 59,837 | 57,891 | 68,281 | 68,762 | 69,042 | |
64,506 | 84,093 | 97,625 | 111,822 | 123,033 | 119,148 | 111,189 | 103,064 | 109,451 | 126,880 | 159,780 | 196,628 | ||
Total Assets | 91,156 | 116,981 | 136,360 | 146,073 | 161,029 | 159,411 | 156,449 | 164,676 | 169,018 | 196,835 | 230,783 | 267,827 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,482 | 12 | -173 | -1,083 | 2,904 | 7,498 | -1,723 | -10,842 | 693 | 2,447 | 6,896 | -1,440 | |
-15 | -126 | -171 | -151 | -151 | -99 | -134 | -106 | -100 | -169 | -300 | -175 | |
228 | 542 | 274 | 1,885 | -186 | -77 | 1,100 | 4,220 | 698 | 217 | 378 | 228 | |
Net Cash Flow | 1,695 | 429 | -70 | 651 | 2,567 | 7,322 | -758 | -6,729 | 1,292 | 2,495 | 6,974 | -1,387 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 12% | 15% | 6% | 6% | 1% | -17% | -13% | -60% | 5% | 5% | 9% | 17% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 9 Nov
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Announcement under Regulation 30 (LODR)-Credit Rating
7 Nov - Reaffirmation of ratings by CRISIL Ratings Limited on securities issued by Bank
- Extension Of Term Of Office Of Shri A. S. Rajeev, Managing Director & CEO Of The Bank 6 Nov
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Announcement under Regulation 30 (LODR)-Credit Rating
4 Nov - Reaffirmation of ratings on bonds by Infomerics Ratings and Rating Pvt Ltd
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Announcement under Regulation 30 (LODR)-Change in Directorate
1 Nov - Appointment of Shri Rohit Rishi as Executive Director
Annual reports
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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
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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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 2023Transcript PPT
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Jan 2023TranscriptNotesPPT
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Oct 2022Transcript PPT
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Jul 2022Transcript PPT
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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
Ratios
Capital Adequacy Ratio - 16.15%[1]
Net Interest Margin - 3.28%
Gross NPA - 3.74%
Net NPA - 0.88%
CASA Ratio - 56.08%[2]