Bank of Maharashtra Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 22.6%)
- Attractively valued vs sector (P/E 7.7x vs industry 33.1x)
- Regular dividends — yield 2.9%
Concerns
Today's Price Action
The share closed at ₹79.95 with zero percent change, matching the previous close. Trading volume stood at 1,01,76,963 shares, identical to the 20‑day average, indicating a neutral participation level. The price stays inside the month’s range, showing no breakout.
Valuation Snapshot
The trailing P/E ratio of 7.69 is modest, while the sector average P/E is reported as zero, reflecting a lack of comparable earnings multiples in the peer group. A return on equity of 22.6 % signals strong profitability relative to its book base. The P/B of 0.9 indicates a discount to book.
Key Levels to Watch
The stock sits roughly midway between its 52‑week low of ₹55.5 and high of ₹94.5, leaving about ₹14.5 of upside to the year‑high. Open‑interest data on nearby options suggest resistance near ₹85 and support near ₹70, though exact figures are not disclosed. Past volume spikes near ₹85 highlight interest at that zone.
Chart Pattern
On the daily chart, a Morning Star bullish reversal pattern formed two days ago, preceded by a Hammer and a Bullish Harami three days ago, all appearing on the same 1‑day timeframe. These consecutive formations typically point to a shift from short‑term selling pressure toward a more balanced or potentially upward bias. These formations appear on daily candles only.
Data Summary
Key metrics show a market price of ₹79.95, a trailing P/E of 7.69, a P/B below one, and an ROE of 22.6 %. The company’s market capitalization is listed as ₹0 Cr, and it belongs to the Financial Services sector. Share turnover aligns with its 20‑day average.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MAHABANK · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 86.46% | 86.46% | 86.46% | 86.46% | 79.60% | 79.60% |
| FII | 0.45% | 1.04% | 1.20% | 1.26% | 1.54% | 1.72% |
| DII | 4.71% | 4.68% | 4.58% | 4.46% | 10.88% | 10.67% |
| Public | 8.37% | 7.80% | 7.75% | 7.81% | 7.99% | 8.00% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 1.20 Per Sh
Interim Dividend - Re 1 Per Share
Dividend - Rs 1.50 Per Share
Dividend - Rs 1.40 Per Share
Dividend - Rs 1.30 Per Share
Latest News
All newsBank of Maharashtra reports Q2 FY27 results.
*Bank of Maharashtra reports Q2 FY27 results.* The bank announced its financial performance for the quarter ended September 30, 2026. Results include key metrics like net profit, NPA levels, and loan growth. Traders should assess performance against analyst expectations. 📊 *STOCKS:* $BOM | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Earnings
Bank of Maharashtra sees change in senior management
*Bank of Maharashtra sees change in senior management*. Bank of Maharashtra has announced a change in its senior management, as disclosed in a regulatory filing. The reshuffle could influence strategic direction and operational momentum. No financial impact or governance issues were cited. 📊 *STOCKS:* $BOM | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #ManagementChange
Bank of Maharashtra announces Q1FY26 financial results
*Bank of Maharashtra announces Q1FY26 financial results*. Bank of Maharashtra released its financial results for the quarter ended June 30, 2026. The earnings report may reveal key performance metrics including **net profit**, **NPA levels**, and **loan growth**, crucial for investor sentiment. Traders should assess guidance and asset quality trends for F&O positioning. 📊 *STOCKS:* MAHABANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
Bank of Maharashtra reports Q1FY26 financial results.
*Bank of Maharashtra reports Q1FY26 financial results.* The bank has submitted its financial performance for the quarter ended June 30, 2026, to the exchange. Results include key metrics like **net profit**, **NPA levels**, and **interest income**. Traders to assess performance versus consensus estimates. 📊 *STOCKS:* MAHABANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Earnings
Key firms including Paytm, Tata Consumer post Q2 results.
*Key firms including Paytm, Tata Consumer post Q2 results.* Traders await financial performance of major NSE-listed companies like **PAYTM**, **TATACONSUM**, and **MANKIND**. Results may impact near-term stock trends and sector sentiment. Focus on revenue, margins, and guidance. 📊 *STOCKS:* PAYTM, TATACONSUM, MANKIND, RECLTD, BOM, SONACOMF, TML | 🏢 *SECTOR:* Earnings | #HIGHIMPACT #Earnings
Q1 earnings from Indian Bank, BoM, Just Dial today
*Q1 earnings from Indian Bank, BoM, Just Dial today* report results that may influence sector sentiment. Key metrics like **NII**, **NPA**, and **profit growth** will be closely watched. Traders should monitor guidance and asset quality trends. Midcap banks and IT firms in focus. 📊 *STOCKS:* INDIANB | BOM | JUSTDIAL | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
NCLT admits CIRP plea against DNR India Autotech over ₹17.98 cr default
*NCLT Mumbai admits Bank of Maharashtra's CIRP plea against DNR India Autotech.* The company defaulted on **₹17.98 crore**, triggering insolvency proceedings. This could lead to asset resolution or restructuring under IBC. Creditors and investors should monitor developments closely. 📊 *STOCKS:* DNRI | 🏢 *SECTOR:* Auto | #HIGHIMPACT #CIRP
Bank of Maharashtra posts 27% loan growth in Q1
*Bank of Maharashtra posts 27% loan growth in Q1* with total business reaching **₹6.51 lakh crore**. The strong credit expansion signals improved demand and asset quality. Net interest margin and profitability also showed positive traction amid rising advances. 📊 *STOCKS:* BOM | 🏢 *SECTOR:* Banking | #HIGHIMPACT #LoanGrowth
Bank of Maharashtra publishes Q2 and H1 2026 results
*Bank of Maharashtra publishes Q2 and H1 2026 results*. Bank of Maharashtra has released its financial results for the quarter and half year ended September 30, 2026, via newspaper publication as informed to the exchange. The filing confirms timely disclosure of audited financial statements. Traders may anticipate investor calls or commentary on asset quality and **NII growth**. 📊 *STOCKS:* $BOM | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Earnings
Provigil Surveillance wins ₹228 crore Bank of Maharashtra tender
*Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, has emerged as L1 bidder for Bank of Maharashtra’s e-surveillance project.* The **bid value is approximately ₹228 crore**, marking a significant order win in the public sector banking space. This development highlights growing traction in the surveillance segment. 📊 *STOCKS:* $MAGELLAN | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #OrderWin
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Op. Profit | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — |
| Net Profit | ₹2.0K Cr 13.7% | ₹1.8K Cr 7.8% | ₹1.7K Cr 11.0% | ₹1.5K Cr 0.1% | ₹1.5K Cr 6.4% | ₹1.4K Cr 5.9% | ₹1.3K Cr 2.9% | ₹1.3K Cr |
| EPS (₹) | 2.66 13.7% | 2.34 7.8% | 2.17 10.7% | 1.96 0.5% | 1.95 6.0% | 1.84 2.1% | 1.88 2.7% | 1.83 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | — |
| Expenses | ₹9.0K Cr 1.1% | ₹9.1K Cr 6.6% | ₹8.5K Cr 35.3% | ₹6.3K Cr 13.2% | ₹7.3K Cr 7.2% | ₹6.8K Cr 27.4% | ₹5.3K Cr 45.8% | ₹9.8K Cr 22.3% | ₹8.0K Cr 19.7% | ₹6.7K Cr |
| Op. Profit | — | — | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — | — | — |
| Other Income | ₹3.5K Cr 1.8% | ₹3.5K Cr 15.3% | ₹3.0K Cr 32.1% | ₹2.3K Cr 14.0% | ₹2.7K Cr 0.2% | ₹2.6K Cr 59.6% | ₹1.7K Cr 5.9% | ₹1.6K Cr 1.8% | ₹1.5K Cr 1.0% | ₹1.5K Cr |
| Interest | ₹15.6K Cr 17.6% | ₹13.3K Cr 24.4% | ₹10.7K Cr 30.8% | ₹8.2K Cr 17.0% | ₹7.0K Cr 0.1% | ₹7.0K Cr 3.4% | ₹7.2K Cr 1.4% | ₹7.1K Cr 7.7% | ₹7.7K Cr 13.3% | ₹8.9K Cr |
| Depreciation | ₹344 Cr 18.2% | ₹291 Cr 30.5% | ₹223 Cr 14.9% | ₹262 Cr 2.2% | ₹268 Cr 42.6% | ₹188 Cr 10.9% | ₹211 Cr 12.4% | ₹241 Cr 86.8% | ₹129 Cr 9.3% | ₹118 Cr |
| PBT | ₹7.9K Cr 36.7% | ₹5.7K Cr 41.1% | ₹4.1K Cr 18.1% | ₹3.4K Cr 199.0% | ₹1.2K Cr 101.9% | ₹571 Cr 43.1% | ₹399 Cr 108.4% | ₹-4.8K Cr 47.4% | ₹-3.2K Cr 52.0% | ₹-2.1K Cr |
| Tax % | 11.0% 175.0% | 4.0% | 0.0% 100.0% | 24.0% | 0.0% | 0.0% | 0.0% | 0.0% 100.0% | -66.0% 83.3% | -36.0% |
| Net Profit | ₹7.0K Cr 26.6% | ₹5.5K Cr 36.1% | ₹4.1K Cr 56.3% | ₹2.6K Cr 125.9% | ₹1.2K Cr 101.9% | ₹571 Cr 43.1% | ₹399 Cr 108.4% | ₹-4.8K Cr 328.3% | ₹-1.1K Cr 18.0% | ₹-1.4K Cr |
| EPS (₹) | 9.12 26.5% | 7.21 25.4% | 5.75 48.6% | 3.87 126.3% | 1.71 96.6% | 0.87 27.9% | 0.68 103.9% | -17.3 304.2% | -4.28 63.1% | -11.61 |
| Div Payout | 13.0% 38.1% | 21.0% 12.5% | 24.0% 29.4% | 34.0% 17.2% | 29.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹7.7K Cr 0.0% | ₹7.7K Cr 8.6% | ₹7.1K Cr 5.2% | ₹6.7K Cr 0.0% | ₹6.7K Cr 2.6% | ₹6.6K Cr 12.6% | ₹5.8K Cr 111.6% | ₹2.8K Cr 6.0% | ₹2.6K Cr 122.4% | ₹1.2K Cr |
| Reserves | ₹25.5K Cr 21.5% | ₹21.0K Cr 64.3% | ₹12.8K Cr 41.2% | ₹9.1K Cr 23.6% | ₹7.3K Cr 27.5% | ₹5.7K Cr 13.0% | ₹5.1K Cr 62.5% | ₹3.1K Cr 58.1% | ₹7.5K Cr 18.5% | ₹6.3K Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other Liabilities | ₹8.5K Cr 12.4% | ₹9.7K Cr 7.3% | ₹9.0K Cr 25.1% | ₹7.2K Cr 7.6% | ₹6.7K Cr 6.4% | ₹6.3K Cr 43.6% | ₹4.4K Cr 45.2% | ₹8.0K Cr 139.0% | ₹3.4K Cr 29.7% | ₹4.8K Cr |
| Total Liabilities | ₹4.3L Cr 15.7% | ₹3.7L Cr 20.2% | ₹3.1L Cr 14.7% | ₹2.7L Cr 16.1% | ₹2.3L Cr 17.2% | ₹2.0L Cr 16.5% | ₹1.7L Cr 2.6% | ₹1.6L Cr 5.3% | ₹1.6L Cr 1.9% | ₹1.6L Cr |
Assets | ||||||||||
| Fixed Assets | ₹3.0K Cr 1.5% | ₹2.9K Cr 32.3% | ₹2.2K Cr 2.4% | ₹2.1K Cr 5.6% | ₹2.0K Cr 25.5% | ₹1.6K Cr 1.1% | ₹1.6K Cr 7.9% | ₹1.7K Cr 17.1% | ₹1.5K Cr 4.9% | ₹1.6K Cr |
| CWIP | ₹8 Cr 100.0% | ₹4 Cr 60.0% | ₹10 Cr 25.0% | ₹8 Cr 96.1% | ₹205 Cr 294.2% | ₹52 Cr 27.8% | ₹72 Cr 111.8% | ₹34 Cr 13.3% | ₹30 Cr 36.4% | ₹22 Cr |
| Investments | ₹1.0L Cr 23.6% | ₹82.2K Cr 20.1% | ₹68.5K Cr 0.8% | ₹69.0K Cr 0.4% | ₹68.8K Cr 0.7% | ₹68.3K Cr 17.9% | ₹57.9K Cr 3.3% | ₹59.8K Cr 36.8% | ₹43.7K Cr 13.1% | ₹38.7K Cr |
| Other Assets | ₹3.2L Cr 13.6% | ₹2.8L Cr 20.1% | ₹2.4L Cr 20.4% | ₹2.0L Cr 23.1% | ₹1.6L Cr 25.9% | ₹1.3L Cr 15.9% | ₹1.1L Cr 6.2% | ₹1.0L Cr 7.3% | ₹1.1L Cr 6.7% | ₹1.2L Cr |
| Total Assets | ₹4.3L Cr 15.7% | ₹3.7L Cr 20.2% | ₹3.1L Cr 14.7% | ₹2.7L Cr 16.1% | ₹2.3L Cr 17.2% | ₹2.0L Cr 16.5% | ₹1.7L Cr 2.6% | ₹1.6L Cr 5.3% | ₹1.6L Cr 1.9% | ₹1.6L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-11.3K Cr 248.6% | ₹7.6K Cr 34.1% | ₹11.6K Cr 904.2% | ₹-1.4K Cr 120.9% | ₹6.9K Cr 181.8% | ₹2.4K Cr 253.1% | ₹693 Cr 106.4% | ₹-10.8K Cr 529.3% | ₹-1.7K Cr 123.0% | ₹7.5K Cr |
| Investing CF | ₹-506 Cr 2.2% | ₹-495 Cr 90.4% | ₹-260 Cr 48.6% | ₹-175 Cr 41.7% | ₹-300 Cr 77.5% | ₹-169 Cr 69.0% | ₹-100 Cr 5.7% | ₹-106 Cr 20.9% | ₹-134 Cr 35.4% | ₹-99 Cr |
| Financing CF | ₹-2.6K Cr 154.9% | ₹4.8K Cr 930.4% | ₹461 Cr 102.2% | ₹228 Cr 39.7% | ₹378 Cr 74.2% | ₹217 Cr 68.9% | ₹698 Cr 83.5% | ₹4.2K Cr 283.6% | ₹1.1K Cr 1528.6% | ₹-77 Cr |
| Net Cash Flow | ₹-14.4K Cr 221.6% | ₹11.9K Cr 0.8% | ₹11.8K Cr 949.5% | ₹-1.4K Cr 119.9% | ₹7.0K Cr 179.5% | ₹2.5K Cr 93.1% | ₹1.3K Cr 119.2% | ₹-6.7K Cr 787.7% | ₹-758 Cr 110.4% | ₹7.3K Cr |
| Free Cash Flow | ₹-11.7K Cr 265.1% | ₹7.1K Cr 37.1% | ₹11.3K Cr 799.1% | ₹-1.6K Cr 124.5% | ₹6.6K Cr 192.0% | ₹2.3K Cr 286.6% | ₹584 Cr 105.3% | ₹-11.0K Cr 490.3% | ₹-1.9K Cr 125.1% | ₹7.4K Cr |
Values in ₹ Cr · Source: Screener.in