Bank of Maharashtra Q4FY26: NIM 3.95%, GNPA 1.45%, Business ₹6 Lakh Cr

2 min read     Updated on 23 Apr 2026, 05:17 AM
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Bank of Maharashtra published its audited Q4FY26 financial results in newspapers on April 22, 2026, pursuant to SEBI regulations. The bank reported strong performance with NIM at 3.95%, total business growth of 17.47% crossing ₹6 lakh crore, advances growth of 21.74%, and maintained excellent asset quality with GNPA at 1.45% and NNPA at 0.13%.

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Bank of Maharashtra published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on April 22, 2026, pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations 47 & 52. The public sector bank demonstrated robust performance across key operational metrics, with total business crossing ₹6 lakh crore.

Q4FY26 Financial Performance

The bank reported a Net Interest Margin (NIM) of 3.95% for the quarter ended March 31, 2026, while Return on Assets (RoA) stood at 1.97%. The cost-to-income ratio for the quarter was 37.08%, reflecting operational efficiency. Total Income from Operations (Net) for the quarter reached ₹8,693.04 crore.

Financial Metric Q4FY26 Achievement
NIM (Domestic) 3.95%
RoA (Quarterly) 1.97%
Cost to Income 37.08%
Net Profit (After Tax) ₹2,014.09 crore

Business Growth Performance

Bank of Maharashtra achieved strong growth across all major business segments. Total business grew by 17.47%, with advances recording growth of 21.74%. Deposits increased by 14.14%, while CASA deposits maintained a healthy ratio of 52.51%. Retail advances grew by 32.39%, and vehicle loans showed significant expansion at 55.51%.

Growth Metric Performance
Total Business Growth 17.47%
Advances Growth 21.74%
Deposits Growth 14.14%
CASA Ratio 52.51%
Retail Advances 32.39%
Vehicle Loans 55.51%

Asset Quality and Capital Adequacy

The bank maintained strong asset quality indicators with Gross NPA at 1.45% and Net NPA at 0.13%. The Provision Coverage Ratio stood at 98.59%, indicating robust provisioning practices. Net Worth reached ₹30,272.42 crore, while the Debt-Equity Ratio was 0.70.

Asset Quality Metric Q4FY26
Gross NPA 1.45%
Net NPA 0.13%
PCR 98.59%
Net Worth ₹30,272.42 crore
Debt-Equity Ratio 0.70

Annual Performance Comparison

For the year ended March 31, 2026, the bank reported Total Income from Operations (Net) of ₹32,822.53 crore compared to ₹28,401.62 crore in the previous year. Net Profit after Tax for the year was ₹7,019.32 crore. Earnings Per Share (EPS) for the year stood at ₹9.13 per share of ₹10 each.

Particulars Year Ended 31/03/2026 Year Ended 31/03/2025
Total Income from Operations (Net) ₹32,822.53 crore ₹28,401.62 crore
Net Profit After Tax ₹7,019.32 crore ₹5,519.79 crore
EPS (₹10 each) ₹9.13 ₹7.48

Regulatory Compliance

The bank's audited financial results were published in Financial Express (English Daily) and Punyanagari (Marathi Daily) on April 22, 2026. Company Secretary & Compliance Officer Vishal Sethia confirmed the newspaper publication to BSE and NSE, fulfilling regulatory requirements under SEBI Listing Obligations and Disclosure Requirements Regulations.

How will Bank of Maharashtra's aggressive vehicle loan expansion strategy impact its risk profile amid potential economic slowdown concerns?

What market share gains can the bank achieve in retail banking given its 32.39% retail advances growth outpacing industry averages?

Will the bank's exceptional asset quality metrics be sustainable as it scales up lending operations by over 21% annually?

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Bank of Maharashtra Q4FY26 Earnings Call Recording Available on Website

1 min read     Updated on 22 Apr 2026, 07:35 AM
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Bank of Maharashtra successfully conducted its earnings conference call on April 20, 2026 at 4:30 PM IST to discuss Q4FY26 financial performance. The recording is now accessible on the bank's official website, maintaining transparency with stakeholders under SEBI regulations.

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Bank of Maharashtra has successfully conducted its earnings conference call on April 20, 2026 at 4:30 PM IST to discuss the financial performance for the quarter and year ended March 31, 2026. The recording of this conference call has been uploaded and is now accessible on the bank's official website, providing stakeholders with comprehensive insights into the bank's Q4FY26 results.

Conference Call Details

The earnings call was held with analysts and investors to review the bank's financial performance for the quarter and year ended March 31, 2026. This session followed the earlier scheduled board meeting on April 20, 2026, which addressed critical corporate matters including audited financial results, dividend recommendations, and capital raising initiatives.

Conference Call Information Details
Date: Monday, April 20, 2026
Time: 4:30 PM IST
Purpose: Discuss Q4FY26 financial performance
Recording Access: Available on bank's website

Access to Recording

The earnings conference call recording can be accessed through the official Bank of Maharashtra website at https://bankofmaharashtra.bank.in/financial-results . This initiative aligns with the bank's commitment to transparent communication and regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Compliance

The announcement regarding the earnings call recording was digitally signed by Vishal Sethia, Company Secretary & Compliance Officer, on April 20, 2026 at 22:08:45 IST. The notification has been submitted to both BSE Ltd. (Scrip Code: 532525) and National Stock Exchange of India Ltd. (Scrip Code: MAHABANK) for appropriate dissemination to stakeholders.

Trading Window Status

In accordance with SEBI Prohibition of Insider Trading (PIT) Regulations, 2015, the trading window for designated persons and their immediate relatives remains closed. The window will reopen 48 hours after the declaration of audited financial results, ensuring compliance with insider trading regulations.

What specific capital raising strategies is Bank of Maharashtra likely to pursue following their board's consideration of bond and capital initiatives?

How might the proposed final dividend recommendation impact the bank's capital adequacy ratios and future growth investments?

What market conditions could influence Bank of Maharashtra's timeline for executing their capital raising proposals in FY2027?

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