Bank of Maharashtra

Bank of Maharashtra

58.30
-1.32
(-2.21%)
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Key Fundamentals
Add Ratio
Market Cap
44,841.80 Cr
EPS
7.51
PE Ratio
7.37
Dividend Yield
2.57 %
Industry
Banks
52 Week High
61.39
52 Week Low
42.00
PB Ratio
1.52
Debt to Equity
0.00
Analyst Rating and Forecast
- By Refinitiv from2 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+100.00 %
+100.00 %
Hold
Hold0.0 %
0.0 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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Caret
positive
CRISIL Ratings Limited has reaffirmed its CRISIL A1 rating on Bank of Maharashtra's Rs 20,000 crore Certificate of Deposits program. The rating reflects expected strong government support as a public sector bank, comfortable resource profile with 50.4% CASA deposits, and sustained improvement in asset quality with gross NPAs declining to 1.72%. The bank reported net profit of Rs 3,226 crore in the first half with improved return on assets at 1.74%. Key strengths include government backing, stable deposit base, and improving profitability metrics. Weaknesses cited are moderate scale of operations with Rs 2,54,118 crore gross advances and high regional concentration with 71.6% deposits and 51.7% advances in Maharashtra. The bank maintains strong liquidity with 118.12% liquidity coverage ratio and tier 1 capital ratio of 15.0%.
positive
Bank of Maharashtra has revised its Marginal Cost of Funds Based Lending Rate (MCLR) effective October 31, 2025. The bank reduced rates across several tenors, with the overnight rate decreasing from 8.20% to 7.95% and the one-month rate dropping from 8.40% to 8.30%. The three-month rate was cut to 8.55%, while six-month and one-year rates remained unchanged at 8.70% and 8.85% respectively. The rate revision was communicated to BSE and NSE stock exchanges by Company Secretary Vishal Sethia.
positive
Bank Of Maharashtra projects credit growth exceeding 20% driven by digital lending initiatives and strong momentum in retail, agriculture, and MSME segments. The bank is focusing on maintaining stable net interest margins, keeping gross non-performing assets low, and implementing technology-led efficiency measures to improve its return on equity trajectory through FY26.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
951.15
#1 8,77,970.20
10.48
#1 6,63,343.30
11.57
#1 79,017
6.30
72.49
287.70
1,48,780.10
7.67
1,52,884.10
7.83
20,459
-4.15
67.75
122.34
1,40,604.70
8.21
1,40,456.80
14.76
18,553
8.05
62.43
141.04
1,27,932.50
7.31
1,52,657.90
9.70
17,336
15.84
76.61
876.35
1,18,041.20
10.47
72,050.90
12.17
10,995
10.99
77.15
154.24
1,17,740.70
#1 6.37
1,29,979.30
9.98
17,921
-6.84
68.86
39.83
76,699.00
17.42
33,750.30
13.52
3,396
#1 61.47
50.74
145.94
66,441.60
6.89
80,412.40
19.47
9,552
6.36
73.92
58.30
#9 44,841.80
#4 7.37
#10 28,402.60
#1 20.90
#8 5,542
#2 25.20
50.90
32.27
40,465.20
16.38
29,473.50
17.33
2,445
23.76
53.56

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
20.90 %
Net Income Growth
36.10 %
Cash Flow Change
-34.13 %
ROE
-5.81 %
ROCE
6.25 %
EBITDA Margin (Avg.)
5.63 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
2,999
3,191
3,065
3,161
3,200
3,296
3,459
3,199
3,265
3,270
3,582
4,335
3,791
4,040
3,894
3,949
3,775
4,318
4,770
5,317
5,418
5,736
5,852
6,489
6,769
6,809
7,113
7,712
7,879
7,974
Expenses
2,368
1,471
5,273
1,299
1,679
1,011
1,770
1,730
1,356
1,138
1,477
2,420
1,740
1,870
1,812
1,321
1,349
1,507
1,622
2,098
1,882
2,164
2,077
2,339
2,349
2,219
2,269
2,561
2,414
2,275
EBITDA
-1,151
-65
-3,981
86
-254
459
-141
-315
101
385
405
200
353
463
327
813
654
883
999
911
1,088
936
1,070
1,268
1,344
1,380
1,463
1,537
1,703
1,819
Operating Profit %
10 %
47 %
-99 %
53 %
39 %
65 %
41 %
38 %
53 %
60 %
51 %
22 %
44 %
42 %
45 %
61 %
61 %
61 %
61 %
53 %
61 %
57 %
60 %
57 %
60 %
63 %
64 %
62 %
66 %
68 %
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Interest
1,782
1,785
1,773
1,775
1,776
1,827
1,830
1,784
1,808
1,747
1,701
1,714
1,697
1,708
1,755
1,814
1,772
1,928
2,149
2,308
2,449
2,636
2,705
2,882
3,075
3,210
3,381
3,614
3,762
3,880
Profit Before Tax
-1,151
-65
-3,981
86
-254
459
-141
-315
101
385
405
200
353
463
327
813
654
883
999
911
1,088
936
1,070
1,268
1,344
1,380
1,463
1,537
1,703
1,819
Tax
-44
-90
-225
11
-343
335
-273
-369
-4
244
249
31
140
188
17
458
201
348
222
70
204
16
31
38
49
48
51
35
199
150
Net Profit
-1,108
25
-3,756
75
89
124
132
54
105
142
156
169
214
274
310
356
453
535
777
841
884
920
1,038
1,230
1,295
1,333
1,412
1,502
1,504
1,669
EPS in ₹
-4.26
0.10
-14.28
0.22
0.15
0.20
0.23
0.10
0.18
0.23
0.24
0.26
0.33
0.41
0.46
0.53
0.67
0.79
1.15
1.25
1.29
1.30
1.47
1.74
1.83
1.88
1.84
1.95
1.96
2.17

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
1,46,073
1,61,029
1,59,411
1,56,449
1,64,677
1,69,018
1,96,835
2,30,784
2,67,827
3,07,329
3,69,354
Fixed Assets
1,432
1,695
1,564
1,487
1,741
1,604
1,622
2,036
2,149
2,200
2,911
Current Assets
13,223
15,470
23,633
25,392
17,435
19,267
21,566
26,506
24,146
35,458
47,502
Capital Work in Progress
0
0
22
30
34
72
52
205
8
10
4
Investments
32,819
36,302
38,677
43,743
59,837
57,891
68,281
68,762
69,042
68,465
82,216
Other Assets
1,11,822
1,23,033
1,19,148
1,11,189
1,03,064
1,09,451
1,26,880
1,59,780
1,96,628
2,36,655
2,84,223
Total Liabilities
1,46,073
1,61,029
1,59,411
1,56,449
1,64,677
1,69,018
1,96,835
2,30,784
2,67,827
3,07,329
3,69,354
Current Liabilities
4,713
3,961
4,765
3,351
8,008
4,388
6,299
6,700
7,207
9,013
9,673
Non Current Liabilities
1,41,360
1,57,068
1,54,646
1,53,097
1,56,669
1,64,629
1,90,536
2,24,084
2,60,620
2,98,316
3,59,681
Total Equity
8,123
8,860
7,469
10,067
5,883
10,909
12,308
14,062
15,790
19,871
28,708
Reserve & Surplus
7,060
7,692
6,301
7,469
3,130
5,085
5,748
7,331
9,060
12,789
21,016
Share Capital
1,063
1,168
1,168
2,599
2,753
5,824
6,560
6,731
6,731
7,081
7,692

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
651
2,567
7,322
-758
-6,729
1,292
2,495
6,974
-1,387
11,783
11,883
Investing Activities
-151
-151
-99
-134
-106
-100
-169
-300
-175
-260
-495
Operating Activities
-1,084
2,904
7,498
-1,723
-10,843
693
2,447
6,896
-1,440
11,581
7,628
Financing Activities
1,885
-186
-78
1,100
4,220
698
217
378
228
462
4,750

Share Holding

% Holding
Mar 2021
Jun 2021
Jul 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Oct 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
93.33 %
93.33 %
90.97 %
90.97 %
90.97 %
90.97 %
90.97 %
90.97 %
90.97 %
90.97 %
86.46 %
86.46 %
86.46 %
86.46 %
86.46 %
86.46 %
79.60 %
79.60 %
79.60 %
79.60 %
79.60 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
1.04 %
1.20 %
1.26 %
1.95 %
1.53 %
1.73 %
1.89 %
2.34 %
DIIs
3.00 %
2.18 %
4.47 %
3.67 %
3.70 %
3.73 %
3.74 %
3.78 %
3.38 %
3.33 %
6.43 %
5.18 %
4.71 %
4.68 %
4.58 %
4.47 %
11.03 %
10.87 %
10.67 %
10.40 %
10.05 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
3.24 %
3.90 %
3.92 %
4.62 %
4.72 %
4.65 %
4.71 %
4.64 %
4.94 %
5.05 %
5.51 %
6.85 %
7.53 %
7.16 %
7.13 %
6.96 %
6.40 %
7.03 %
7.06 %
7.02 %
6.83 %
Others
0.42 %
0.58 %
0.64 %
0.74 %
0.61 %
0.64 %
0.59 %
0.61 %
0.72 %
0.65 %
1.60 %
1.51 %
1.30 %
0.66 %
0.63 %
0.86 %
1.02 %
0.96 %
0.94 %
1.09 %
1.17 %
No of Share Holders
0
2,94,166
3,21,252
3,27,651
3,52,568
3,67,605
3,74,458
3,79,399
3,71,592
4,41,517
4,41,636
6,06,046
6,77,087
8,46,746
9,19,663
9,48,432
9,48,497
9,95,543
10,06,260
9,91,930
9,74,484

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 0.00 0.5 1.3 1.4 1.5
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 0.00 2.03 2.09 3.02 2.52

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
21 Jun 2022 DIVIDEND Dividend
₹ 0.50 /share
20 Jun 2022 16.10 15.15
23 May 2023 DIVIDEND Dividend
₹ 1.30 /share
23 May 2023 27.85 31.30
10 May 2024 DIVIDEND Dividend
₹ 1.40 /share
10 May 2024 65.24 63.55
12 Jun 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
12 Jun 2024 64.33 66.34
15 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
15 Oct 2024 54.79 54.20
15 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
15 Jan 2025 50.11 52.77
24 Jan 2025 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
24 Jan 2025 54.13 50.40
25 Apr 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
25 Apr 2025 48.40 50.54
09 May 2025 DIVIDEND Dividend
₹ 1.50 /share
09 May 2025 50.54 50.42
30 Jun 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
30 Jun 2025 55.04 54.37
15 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
15 Jul 2025 57.14 56.08
14 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Oct 2025 56.68 57.58

Announcements

Announcement Under Regulation 30 - Schedule Of Non Deal Road Shows/ Analysts/ Institutional Investors Meet Of Bank Of Maharashtra (Bank)3 days ago
Announcement under Regulation 30 (LODR)-Credit Rating4 days ago
Announcement under Regulation 30 (LODR)-Interest Rates UpdatesOct 30, 2025
Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 29, 2025
Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD Oct 23, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptOct 17, 2025
Change In Contact Details Of Company Secretary & Compliance OfficerOct 17, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 16, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 15, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 14, 2025
Compliances-Reg. 54 - Asset Cover details Oct 14, 2025
Financial Results Of The Bank For The Quarter And Half Year Ending 30.09.2025Oct 14, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationOct 14, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 14, 2025
Board Meeting Outcome for Board Meeting Outcome For Financial Results Of The Bank For The Quarter And Half Year Ending 30.09.2025Oct 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 09, 2025
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Quarterly Financial Results Of The Bank For The Quarter And Half Year Ending 30.09.2025Oct 09, 2025
Compliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017) Oct 09, 2025
Disclosure Of Provisional Business Figures As On 30.09.2025Oct 06, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 03, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateSep 30, 2025
Announcement under Regulation 30 (LODR)-Interest Rates UpdatesSep 29, 2025
Closure of Trading WindowSep 26, 2025
Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015Sep 25, 2025
Announcement under Regulation 30 (LODR)-Credit RatingSep 24, 2025
Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD Sep 18, 2025
Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD Sep 08, 2025
Announcement under Regulation 30 (LODR)-Interest Rates UpdatesAug 30, 2025
Intimation Under Regulation 30 And 51 Of SEBI (LODR) Regulations 2015 - Bank Of Maharashtra And SBI Card Forms Partnership Launch Co-Branded Credit CardAug 18, 2025
Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 12, 2025
Announcement Under Regulation 30 (LODR) Regulations - Intimation Of ESG RatingAug 11, 2025
Fixation Of Record Date For Payment Of Interest On BondsAug 08, 2025
Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 06, 2025
Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD Aug 05, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementAug 04, 2025
Announcement under Regulation 30 (LODR)-Interest Rates UpdatesJul 30, 2025
Update On Analyst/ Institutional Investor MeetJul 25, 2025
Announcement under Regulation 30 (LODR)-Credit RatingJul 25, 2025
Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 22, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJul 21, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 17, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 16, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 15, 2025
Compliances-Reg. 54 - Asset Cover details Jul 15, 2025
Unaudited Financial Results For The Quarter Ending 30.06.2025Jul 15, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJul 15, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 15, 2025
Board Meeting Outcome for Financial Results Of The Bank For The Quarter Ending 30Th June 2025Jul 15, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 10, 2025
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Quarterly Financial Results Of The Bank For The Quarter Ending 30.06.2025Jul 10, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Canara Robeco Mid Cap Fund Direct - Growth
0.00%
-12204938
-1.93%
-1.34%
UTI Mid Cap Fund Direct-Growth
0.49%
10000000
0.49%
0.49%
Aditya Birla Sun Life Multi-Cap Fund Direct-Growth
0.00%
-8000000
-0.69%
-0.89%
Aditya Birla Sun Life Multi Asset Allocation Fund Direct-Growth
0.00%
-6678934
-0.80%
-0.78%
UTI Large & Mid Cap Fund Direct-Growth
0.00%
-5725000
-0.64%
0.00%
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
0.00%
-5193608
-0.53%
-0.52%
Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth
0.00%
-4041000
-1.77%
-1.20%
JM Midcap Fund Direct - Growth
0.00%
-3767515
-1.48%
-1.38%
UTI Multi Cap Fund Direct-Growth
1.03%
900000
0.29%
1.03%
Nippon India Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-852217
-0.25%
-0.24%
Navi Large & Midcap Fund Direct-Growth
0.00%
-800000
-1.44%
-1.33%
SBI Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-394688
-0.24%
-0.24%
ICICI Prudential Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-364607
-0.24%
-0.24%
Navi Flexi Cap Fund Direct - Growth
0.00%
-334000
-0.74%
-0.19%
Bank of India Midcap Tax Fund Series 1 Direct-Growth
0.00%
-303600
-2.71%
-2.53%
SBI BSE PSU Bank Index Fund Direct - Growth
0.00%
-289815
-3.02%
-2.99%
Zerodha Nifty Large Midcap 250 Index Fund Direct - Growth
0.00%
-239646
-0.12%
-0.12%
Aditya Birla Sun Life Retirement Fund - The 40s Plan Direct-Growth
0.00%
-225420
-1.11%
-1.02%
Bank of India Midcap Tax Fund Series 2 Direct-Growth
0.00%
-209000
-3.61%
-2.96%
HDFC NIFTY Midcap 150 Index Fund Direct - Growth
0.00%
-177578
-0.24%
-0.24%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct-Growth
0.00%
-168745
-0.24%
-0.24%
Navi Aggressive Hybrid Fund Direct - Growth
0.00%
-159500
-0.73%
-0.19%
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth
0.00%
-158034
-0.21%
-0.20%
Navi Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-141221
-0.24%
-0.24%
HDFC Nifty LargeMidcap 250 Index Fund Direct-Growth
0.00%
-94220
-0.12%
-0.12%

Technical Indicators

RSI(14)
Neutral
55.97
ATR(14)
Volatile
1.93
STOCH(9,6)
Neutral
42.37
STOCH RSI(14)
Oversold
18.76
MACD(12,26)
Bearish
-0.14
ADX(14)
Weak Trend
15.96
UO(9)
Bearish
43.53
ROC(12)
Uptrend And Accelerating
0.02
WillR(14)
Neutral
-32.75

About Bank of Maharashtra

Bank of Maharashtra is a Public Sector Bank in India providing a range of banking and financial services. It offers personal banking, cash management, retail loans, and other financial services including deposits, savings/current accounts, vehicle loans, personal loans, retail trade finance, global banking, lending to priority sectors, foreign exchange, and export finance. The bank has a nationwide presence with branches across all states and union territories, offering specialized services in areas such as Foreign Exchange, Government business, Treasury, International Banking, Industrial Finance, MSME, and Agriculture. Bank of Maharashtra has expanded its digital offerings with mobile banking, internet banking, and UPI services. It has undergone significant growth in recent years, increasing its branch network, ATMs, and business volumes. The bank operates under various segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.
Listing Date
12 Apr, 2004(21 Years, -1 days)