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Bank of Maharashtra

β‚Ή 57.00.55%
04 Dec – close price
πŸ”—bankofmaharashtra.inβ€’BSE: 532525β€’NSE: MAHABANK
Market Capβ‚Ή 43,811 Cr.
Current Priceβ‚Ή 57.0
High / Lowβ‚Ή 61.6
Stock P/E7.15
Book Valueβ‚Ή 41.1
Dividend Yield2.63 %
ROCE5.78 %
ROE22.9 %
Face Valueβ‚Ή 10.0
Salesβ‚Ή 27,238 Cr.
OPM65.1 %
Mar Capβ‚Ή 43,811 Cr.

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 BreakupRetail Banking: ~39% in FY24 vs ~35% in FY22Corporate/ Wholesale Banking: ~36% in FY24 vs ~30% in FY22Treasury: 21% in FY24 vs 32% in FY22Other Operations: 4% in FY24 vs 3% in FY22[1][2]

Also present in buckets:
Excellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.SBI948.1011.13874832.911.6821860.59-4.25128040.505.786.47505419.8446.3678596.3618941.271.541.1511.08
2.Bank of Baroda288.207.75149012.692.905180.63-4.1433318.244.446.29131574.3263.6419236.145133.560.941.1810.53
3.Punjab Natl.Bank119.538.06137375.152.435120.598.7232512.766.786.32129502.9873.6417035.455125.280.971.0712.22
4.Canara Bank147.396.99133719.792.714896.4315.8132071.976.266.79125841.2560.8519140.984850.031.161.0814.05
5.Union Bank (I)152.436.29116343.683.124425.95-6.8426664.81-0.826.72109143.5167.3218488.144425.950.921.2410.38
6.Indian Bank802.609.17108107.332.023108.6311.0116628.288.196.3864543.1768.7211785.543107.971.411.3510.65
7.I O B37.7917.0772770.660.001226.4257.817848.7914.575.9529979.6561.944262.191226.422.090.8911.07
8.Bank of Maha56.957.1543811.142.631633.1423.097128.3818.465.7827237.7265.066125.431633.141.391.6310.59
–Median: 12 Co.130.537.9190438.992.232842.119.8717574.886.686.2369163.7664.0210902.752842.331.151.0810.97

Quarterly Results

Standalone figures in β‚Ή crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
–––––––––––––
Expenses
1,6222,0762,2691,8812,3492,4142,0982,3392,5611,5072,1642,2192,274
Operating Profit
–––––––––––––
Other Income
6416807886298948258221,022981502668792845
Profit before tax
9981,0691,4621,0871,3441,7039111,2671,5368839361,3801,818
Tax %
22%3%4%19%4%6%8%4%3%39%2%4%10%
Net Profit
7751,0361,4068821,2931,5938401,2181,4935359201,3271,633
EPS in Rs
1.151.461.831.251.832.071.251.721.940.791.301.872.12

Profit & Loss

Standalone Figures in β‚Ή Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
–––––––––––––
Expenses
3,5553,9524,3316,7088,03310,1695,9786,3836,4686,3148,2379,1079,518
Operating Profit
–––––––––––––
Other Income
8941,0061,0191,5081,5061,5471,6492,6282,6522,2802,9983,4543,439
Interest
8,4488,7909,1748,8877,7077,1167,2176,9716,9758,15810,67313,28214,639
Depreciation
1001151491181292412111882682622232910
Profit before tax
748813418-2,143-3,266-5,129-2609541,9603,4454,3595,7226,520
Net Profit
386451101-1,373-1,146-4,7843895501,1522,6024,0555,5206,125
EPS in Rs
4.604.240.86-11.75-4.41-17.380.670.841.713.875.737.187.96
Dividend Payout %
22%19%0%0%0%0%0%0%29%34%24%21%–

Compounded Profit Growth

10 Years:28%
5 Years:70%
3 Years:69%
TTM:26%

Compounded Sales Growth

10 Years:7%
5 Years:17%
3 Years:24%
TTM:21%

Return on Equity

10 Years:6%
5 Years:17%
3 Years:22%
Last Year:23%

Stock Price CAGR

10 Years:6%
5 Years:32%
3 Years:27%
1 Year:-3%

Balance Sheet

Standalone figures in β‚Ή crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
8391,0631,1681,1682,5982,7535,8246,5606,7306,7307,0817,6927,692
Reserves
5,9417,0047,6196,2117,3462,9864,9315,5737,1548,88012,59320,79823,915
Borrowings
–––––––––––––
Other Liabilities
3,8224,7063,9524,7553,3407,9974,3756,2876,6857,1938,9989,6587,407
Total Liabilities
136,320146,019160,957159,324156,329164,536168,867196,665230,611267,651307,138369,142373,729
Fixed Assets
1,4461,4321,6941,5641,4871,7411,6041,6222,0362,1492,2002,9112,904
Gross Block
2,317.072,448.662,779.622,677.952,787.392,992.683,046.373,232.573,565.453,545.823,787.124,530.15–
Accumulated Depreciation
871.061,016.481,085.211,113.921,300.791,251.531,441.961,610.581,529.021,396.621,587.221,618.93–
CWIP
000223034725220581040
Investments
37,25032,76536,23138,59043,62359,69757,74168,11268,59068,86768,27482,00596,422
Other Assets
97,624111,822123,032119,148111,189103,063109,450126,879159,780196,628236,654284,222274,402
Total Assets
136,320146,019160,957159,324156,329164,536168,867196,665230,611267,651307,138369,142373,729

Cash Flows

Standalone Figures in β‚Ή Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-173-1,0832,8857,498-1,723-10,8237032,4676,898-1,43811,5977,649
Cash from Investing Activity
-171-151-132-99-134-126-109-189-302-177-275-516
Cash from Financing Activity
2741,885-186-771,1004,2206982173782284614,750
Net Cash Flow
-716512,5677,322-758-6,7291,2922,4956,974-1,38711,78311,883

Ratios

Standalone Figures in β‚Ή Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
––––––––––––
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
––––––––––––
Working Capital Days
––––––––––––
ROCE %
––––––––––––

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
90.97%90.97%86.46%86.46%86.46%86.46%86.46%86.46%79.60%79.60%79.60%79.60%
FIIs
0.16%0.26%0.68%0.59%0.45%1.04%1.20%1.26%1.54%1.72%1.89%2.35%
DIIs
3.39%3.33%6.43%5.17%4.71%4.68%4.58%4.46%10.88%10.67%10.40%10.06%
Public
5.49%5.44%6.42%7.76%8.37%7.80%7.75%7.81%7.99%8.00%8.11%8.00%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Bank of Maharashtra Reports Strong Q2 FY26 Net Profit Growth of 23%, Maintains Healthy Asset Quality Amidst Rating Reaffirms and Strategic Initiatives

1st December 2025, 6:27 PM

S&P Global Ratings Reaffirms 'BBB' Long-Term and 'A-2' Short-Term Issuer Credit Rating for Bank of Maharashtra on November 27, 2025

27th November 2025, 7:34 PM

Canara Bank Files Regulatory Update on Senior Management Transition to Bank of Maharashtra

24th November 2025, 9:56 PM

Bank of Maharashtra Extends Investor Meetings Till November 21st; Confirms No UPSI Sharing

7th November 2025, 11:49 AM

CRISIL Reaffirms 'A1+' Rating on Bank of Maharashtra's β‚Ή20,000 Crore Certificate of Deposits

6th November 2025, 3:30 PM

Published by Other Websites

External media mentions & references

Mid-cap banks are back in favour. But only a few will ride the next rally.

4th December 2025, 7:04 AM

Stocks to Watch today: RIL, IEX, Cipla, JSW Steel, IndiGo, RailTel Corp

4th December 2025, 1:56 AM

Bank of Maharashtra OFS oversubscribed, govt mops up β‚Ή2,492 crore

3rd December 2025, 7:25 PM

Is Bank of Maharashtra a good PSU bank stock to buy? YES Securities answers

3rd December 2025, 8:08 AM

PSU Banking stocks decline up to 4% after Finance Ministry clarifies on FDI limit

3rd December 2025, 4:44 AM

News Articles

Editorial & research coverage

Stocks to Watch today: RIL, IEX, Cipla, JSW Steel, IndiGo, RailTel Corp
Stocks to Watch today: RIL, IEX, Cipla, JSW Steel, IndiGo, RailTel Corp

4th December 2025, 1:56 AM

Is Bank of Maharashtra a good PSU bank stock to buy? YES Securities answers
Is Bank of Maharashtra a good PSU bank stock to buy? YES Securities answers

3rd December 2025, 8:08 AM

PSU Banking stocks decline up to 4% after Finance Ministry clarifies on FDI limit
PSU Banking stocks decline up to 4% after Finance Ministry clarifies on FDI limit

3rd December 2025, 4:44 AM

Why Reliance, Bank of Maharashtra, Bharat Dynamics,Β IRB InvIT, Coromandel Intl, NTPC,KEI Industries, Viceroy Hotels, Amber Enterprises GHV Infra, Ambuja Cements, Fineotex Chem, Shree Cement, East India Drums will remain in focus on Tuesday (December 2)
Why Reliance, Bank of Maharashtra, Bharat Dynamics,Β IRB InvIT, Coromandel Intl, NTPC,KEI Industries, Viceroy Hotels, Amber Enterprises GHV Infra, Ambuja Cements, Fineotex Chem, Shree Cement, East India Drums will remain in focus on Tuesday (December 2)

2nd December 2025, 2:51 AM

Centre to sell up to 6% stake in Bank of Maharashtra to raise Rs 2,500 crore
Centre to sell up to 6% stake in Bank of Maharashtra to raise Rs 2,500 crore

2nd December 2025, 12:11 AM

Documents

Announcements

Notice of Offer for Sale of Share by Promoter & Floor Price
Announcement under Regulation 30 (LODR)-Credit Rating

27 Nov - S&P Global reaffirmed Bank of Maharashtra’s 'BBB' LT and 'A-2' ST ratings on 27-Nov-2025.

Announcement under Regulation 30 (LODR)-Change in Directorate

25 Nov - Prabhat Kiran appointed Executive Director, Bank of Maharashtra; assumed charge 24 Nov 2025, three-year tenure.

Announcement Under Regulation 30 - Schedule Of Non Deal Road Shows/ Analysts/ Institutional Investors Meet Of Bank Of Maharashtra ('Bank')

7 Nov - Non-deal roadshows extended to 21 November 2025; no unpublished price-sensitive information shared.

Announcement under Regulation 30 (LODR)-Credit Rating

6 Nov - CRISIL reaffirmed Bank of Maharashtra's 'Crisil A1+' rating on Rs20,000 crore certificate of deposits on Nov 4, 2025.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from nse)

Credit Ratings

Rating update

4 Nov from crisil

Rating update

24 Jul from icra

Rating update

3 Jul from care

Rating update

13 Mar from infomerics

Rating update

23 Jan from brickwork

Rating update

18 Dec 2024 from smera

Concalls

Oct 2025

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