Bank of Maharashtra Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 22.6%)
- ✓Attractively valued vs sector (P/E 8.2x vs industry 35.4x)
- ✓Regular dividends — yield 2.8%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹754 | ₹12.6L Cr | 16 | 1.93 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,440 | ₹10.4L Cr | 18.5 | 2.73 | 17.3 | 7.59 | — |
| SBIN State Bank of India | ₹1,025 | ₹9.6L Cr | 11.6 | 1.59 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,056 | ₹6.6L Cr | 34.2 | 5.77 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹424 | ₹5.5L Cr | 9.54 | 3.03 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,234 | ₹4.1L Cr | 14.9 | 1.73 | 13.1 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹382 | ₹3.9L Cr | 19.4 | 2.1 | 11.4 | 6.98 | — |
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 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 news →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
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 shares in focus after investor meet update
*Bank of Maharashtra shares in focus after investor meet update*. The bank shared presentation updates with the exchange following an analyst and institutional investor meet. Key insights on asset quality, credit growth, and **NIM of 2.8%** were highlighted. **GNPA improved to 3.7%** from 4.1% YoY. Focus remains on digital lending and cost optimisation. 📊 *STOCKS:* MAHABANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Banking
Bank of Maharashtra shares up after investor presentation
*Bank of Maharashtra shares see mild interest after an investor presentation.* The bank informed the exchange about the event, aimed at enhancing investor engagement. No financial figures or major announcements were disclosed. Presentation timing may signal confidence in future performance. 📊 *STOCKS:* MAHABANK | 🏢 *SECTOR:* Banking | #LOWIMPACT #InvestorPresentation
Bank of Maharashtra discloses provisional business figures for June 2026
*Bank of Maharashtra discloses provisional business figures for June 2026* — The bank released provisional business numbers as of June 30, 2026, in a regulatory filing. Key figures include **₹1.25 lakh crore** in total business, with **₹67,500 crore** in advances and **₹57,500 crore** in deposits. These represent steady growth from the previous quarter. 📊 *STOCKS:* BOM | 🏢 *SECTOR:* Banking | #LOWIMPACT #provisional figures
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