Bank of Maharashtra (MAHABANK)
₹81.03
Mkt cap
₹62,325 Cr
P/E ratio
8.27
P/B
1.75
Div yield
2.72%
ROE
22.60%
ROCE
6.03%
EPS (TTM)
₹9.80
Book value
₹46
52W range
52–94
Sector
Financial Services
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]
Health check
Cautious
ValuationFair
ProfitabilityWeak
TechnicalsNeutral
52-week range
−13.66% from high₹81
₹52+55.98% from low₹94
Current
₹81.03
Prev close
₹80.50
Day
+0.66%
Price performance
1D
+0.66%
1W
+0.63%
1M
−8.66%
3M
+4.02%
6M
+26.77%
1Y
+41.46%
YTD
+26.75%
Financials
FRevenue, profit & margin
P/E ratio
8.3×
MAHABANK is 13% above the sector median of 7.3×
MAHABANK8.3×
Sector median7.3×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,789 | 5,068 | 5,172 | 5,467 | 5,875 | 6,017 | 6,325 | 6,731 | 7,054 | 7,128 | 7,344 | 7,755 | 8,035 | |
| Interest | 2,449 | 2,636 | 2,705 | 2,882 | 3,075 | 3,210 | 3,381 | 3,614 | 3,762 | 3,880 | 3,922 | 4,052 | 4,264 | |
| Expenses | 1,882 | 2,164 | 2,076 | 2,339 | 2,349 | 2,219 | 2,269 | 2,561 | 2,414 | 2,275 | 2,348 | 2,312 | 2,522 | |
| Financing Profit | 458 | 268 | 390 | 246 | 450 | 588 | 675 | 556 | 878 | 973 | 1,075 | 1,391 | 1,248 | |
| Financing Margin % | 10% | 5% | 8% | 4% | 8% | 10% | 11% | 8% | 12% | 14% | 15% | 18% | 16% | |
| Other Income | 629 | 668 | 680 | 1,022 | 894 | 792 | 788 | 981 | 825 | 846 | 933 | 938 | 1,029 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 1,088 | 936 | 1,070 | 1,268 | 1,344 | 1,380 | 1,463 | 1,537 | 1,703 | 1,819 | 2,008 | 2,330 | 2,277 | |
| Tax % | 19% | 2% | 3% | 4% | 4% | 4% | 4% | 3% | 6% | 10% | 11% | 14% | 11% | |
| Net Profit | 884 | 920 | 1,038 | 1,230 | 1,295 | 1,333 | 1,412 | 1,502 | 1,504 | 1,669 | 1,799 | 2,045 | 2,023 | |
| EPS in Rs | 1.25 | 1.30 | 1.47 | 1.74 | 1.83 | 1.88 | 1.84 | 1.95 | 1.96 | 2.17 | 2.34 | 2.66 | 2.63 | |
| Gross NPA % | 2.28% | 2.19% | 2.04% | 1.88% | 1.85% | 1.84% | 1.80% | 1.74% | 1.74% | 1.72% | 1.60% | 1.45% | 1.45% | |
| Net NPA % | 0.24% | 0.23% | 0.22% | 0.20% | 0.20% | 0.20% | 0.20% | 0.18% | 0.18% | 0.18% | 0.15% | 0.13% | 0.13% | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.13% · closed higher next day 32 of last 56
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 17 Oct '23◦ | 16 Jan '24◦ | 26 Apr '24◦ | 15 Jul '24 | 15 Oct '24◦ | 15 Jan '25◦ | 9 May '25 | 15 Jul '25 | 14 Oct '25 | 13 Jan '26 | 20 Apr '26 | 10 Jul '26 |
| Earnings day | −2.10% | −0.30% | +5.03% | +5.64% | +0.44% | +1.94% | −4.07% | +1.94% | −4.29% | +2.01% | +3.86% | +2.73% |
| +1 day | −3.79% | +3.90% | +3.62% | +4.01% | −0.63% | +0.78% | +0.65% | +2.21% | +2.99% | +3.34% | +10.24% | +0.67% |
| +5 days | −13.14% | +7.50% | −3.84% | +0.17% | −7.11% | −1.16% | +1.33% | +0.53% | +3.20% | +0.19% | +9.65% | −2.57% |
| +15 days | −8.83% | +27.80% | −0.30% | −5.50% | +1.77% | −0.08% | +7.12% | −1.71% | +3.54% | +1.85% | +7.75% | — |
| +30 days | −3.58% | +19.40% | −1.86% | −3.44% | +4.86% | −6.22% | +6.91% | −6.33% | +1.70% | +18.63% | +9.58% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 1.20 Per Sh | 1.20 | 5 Jun '26 | 5 Jun '26 |
| dividend Interim Dividend - Re 1 Per Share | — | 20 Jan '26 | 20 Jan '26 |
Shareholding
Sas of Jun 202673.60%Promoter
Promoters73.60%
FIIs5.82%0.27
DIIs14.28%0.35
Public6.32%0.61
Ownership trend
Peers
P8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| SBI | ₹1,015.00 | 11.25 | 9,36,908 | 1.71% | 20,508 | +0.22% | 1,31,080 | +3.34% | 6.13% |
| Union Bank (I) | ₹170.50 | 6.30 | 1,30,153 | 2.93% | 5,642 | +27.41% | 27,427 | +1.21% | 6.30% |
| Bank of Baroda | ₹246.45 | 5.77 | 1,27,448 | 3.45% | 1,839 | +64.60% | 35,115 | +6.84% | 5.63% |
| Punjab Natl.Bank | ₹110.38 | 5.74 | 1,26,859 | 2.72% | 5,835 | +174.29% | 33,589 | +3.12% | 6.13% |
| Canara Bank | ₹125.65 | 6.35 | 1,13,973 | 3.34% | 4,575 | −9.78% | 31,839 | +1.09% | 6.52% |
| Indian Bank | ₹826.10 | 8.70 | 1,11,273 | 2.21% | 3,357 | +20.47% | 18,095 | +11.11% | 6.32% |
| I O B | ₹33.88 | 11.33 | 65,241 | 0.00% | 1,659 | +49.34% | 8,778 | +18.85% | 6.07% |
| Bank of Maha | ₹81.03 | 8.27 | 62,325 | 2.72% | 2,023 | +34.50% | 8,035 | +13.90% | 6.03% |
| Median: 12 Co. | ₹118.02 | 7.31 | 88,257 | 2.72% | 2,664 | +25.29% | 19,096 | +8.77% | 6.05% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts55
TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptFeb 2025PPTFeb 2025PPTJan 2025PPTNov 2024TranscriptOct 2024PPTOct 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Interest Rates Updates 9mAnnouncement under Regulation 30 (LODR)-Change in Management 4h - Bank of Maharashtra CCO Uma Vedula resigned; relieved 23 July 2026, replacement process underway.Announcement under Regulation 30 (LODR)-Credit Rating 21 Jul - ICRA reaffirmed AA+ Stable ratings on Bank of Maharashtra’s Rs 12,000 crore bonds.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 16 JulAnnouncement under Regulation 30 (LODR)-Newspaper Publication 11 Jul - Newspaper Publication on the financial results for the quarter ended 30.06.2026







