Financial Services · NIFTY 500
Bank of Maharashtra
₹91.79 +1.59 (+1.76%) Updated 12 Nov, 8:49 pm IST
Today
- Open
- ₹90.20
- Prev close
- ₹90.20
- Day high
- ₹92.06
- Day low
- ₹89.85
- Volume
- 1.81 Cr
- Value traded
- ₹165.61 Cr
- Upper circuit
- ₹94.24
- Lower circuit
- ₹88.76
- 52W high
- ₹94.50
- 52W low
- ₹55.51
- 1 month
- +5.92%
- 6 months
- +6.74%
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Revenue · QoQ (vs last quarter)
Revenue · YoY (vs a year ago)
Net profit · QoQ (vs last quarter)
Net profit · YoY (vs a year ago)
EPS (₹) · YoY (vs a year ago)
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest earned | 5,172 | 5,467 | 5,875 | 6,017 | 6,325 | 6,731 | 7,054 | 7,128 | 7,344 | 7,755 | 8,035 | 8,606 |
| Other income | 680 | 1,022 | 894 | 792 | 788 | 981 | 825 | 846 | 933 | 938 | 1,029 | 1,129 |
| Total income | 5,852 | 6,488 | 6,769 | 6,809 | 7,113 | 7,712 | 7,879 | 7,974 | 8,277 | 8,693 | 9,064 | 9,736 |
| Interest expended | 2,705 | 2,882 | 3,075 | 3,210 | 3,381 | 3,614 | 3,762 | 3,880 | 3,922 | 4,052 | 4,264 | 4,652 |
| Employee cost | 646 | 850 | 900 | 811 | 850 | 881 | 880 | 822 | 798 | 875 | 1,007 | 918 |
| Provisions | 943 | 942 | 951 | 822 | 841 | 983 | 867 | 756 | 728 | 617 | 840 | 654 |
| Total expenses | 1,134 | 1,396 | 1,399 | 1,397 | 1,428 | 1,578 | 1,547 | 1,519 | 1,620 | 1,695 | 1,682 | 1,715 |
| Profit before tax | 1,070 | 1,268 | 1,344 | 1,380 | 1,463 | 1,537 | 1,703 | 1,819 | 2,008 | 2,330 | 2,277 | 2,715 |
| Tax | 34.0 | 49.7 | 50.4 | 53.2 | 56.0 | 43.5 | 110 | 185 | 228 | 315 | 257 | 405 |
| Net profit | 1,036 | 1,218 | 1,294 | 1,327 | 1,407 | 1,493 | 1,593 | 1,634 | 1,780 | 2,014 | 2,021 | 2,310 |
| EPS (₹) | 1.47 | 1.74 | 1.83 | 1.88 | 1.84 | 1.94 | 1.96 | 2.17 | 2.34 | 2.66 | 2.63 | 2.78 |
| Gross NPA % | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% |
| Net NPA % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Profit & loss
Results for each year
3 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
Revenue · YoY (vs a year ago)
Net profit · YoY (vs a year ago)
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Interest earned | 20,495 | 24,948 | 29,282 |
| Other income | 2,999 | 3,455 | 3,542 |
| Total expenses | 4,815 | 5,802 | 6,380 |
| Employee cost | 2,838 | 3,442 | 3,375 |
| Profit before tax | 4,361 | 5,724 | 7,859 |
| Tax | 305 | 203 | 839 |
| Tax rate % | 7.0% | 3.5% | 10.7% |
| Net profit | 4,056 | 5,521 | 7,021 |
| Net margin % | 19.8% | 22.1% | 24.0% |
| EPS (₹) | 5.80 | 7.48 | 9.12 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Shareholders' equity · YoY (vs a year ago)
| ₹ Cr | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|
| Share capital | 7,081 | 7,692 | 7,692 | 7,692 |
| Reserves | 12,789 | 21,016 | 25,533 | 29,659 |
| Shareholders' equity | 19,871 | 28,708 | 33,225 | 37,350 |
| Deposits | 270,726 | 307,120 | 350,538 | 376,380 |
| Total borrowings | 7,719 | 23,853 | 35,234 | 47,890 |
| Investments | 68,465 | 82,216 | 101,588 | 99,420 |
| Advances (loans) | 200,240 | 236,084 | 288,104 | 325,641 |
| Total assets | 307,329 | 369,354 | 427,471 | 468,464 |
| Debt / equity | 0.39 | 0.83 | 1.06 | 1.28 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
Operations · YoY (vs a year ago)
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 11,581 | 7,628 | -11,336 |
| Cash from investing | -260 | -495 | -506 |
| Cash from financing | 461 | 4,750 | -2,607 |
| Net cash flow | 11,783 | 11,883 | -14,449 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Latest (30 Sep 2026)
- Promoter & group
- 73.60%
- Public (FIIs, mutual funds, retail…)
- 26.40%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- 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
- Annual General Meeting/Dividend - Rs 0.50 Per Share
- Annual General Meeting
- Annual General Meeting
Board meetings
- the financial results for the period ended September 30, 2026
- Bank of Maharashtra has informed the Exchange about Board Meeting to be held on 26-Oct-2026 to inter-alia consider and approve the Unaudited Financia…
- the financial results for the period ended Jun 30, 2026
- Bank of Maharashtra has informed the Exchange about Board Meeting to be held on 10-Jul-2026 to inter-alia consider and approve the Unaudited Financia…
- the financial results for the quarter and year ended March 31, 2026
Filings with NSE
- Credit Rating
- Retirement
- General Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Copy of Newspaper Publication
- Investor Presentation
Latest news
Top 2 stocks to buy for short-term: Bank of Maharashtra, Usha Martin by Nagaraj Shetti - Check stop loss, targetsLivemint · 7 Oct, 12:30 pmBank Of Maharashtra Shareholding Pattern – Promoters, FIIs & DIIsValue Research · 29 Aug, 1:13 amWhy Bank of Maharashtra Share Price is RisingEquitymaster · 3 Sep, 12:30 pmMAHABANK Forecast — Price Target — Prediction for 2027TradingView · 25 Jun, 5:41 pmBank of Maharashtra shares extend gains on strong Q4 results, rise nearly 6%Moneycontrol.com · 21 Apr, 12:30 pmBank Of Maharashtra Share Price Today After Second FallUnivest · 22 Oct, 12:30 pmBank of Maharashtra hits 52-week high on strong Q4; HDFC Sec retains 'Buy'Business Standard · 21 Apr, 12:30 pmBank of Maharashtra shares: Buy for more upside? Revised BoM targets after Q4 resultsBusiness Today · 21 Apr, 12:30 pmAbout
About Bank of Maharashtra
Bank of Maharashtra is an Indian public sector bank, based in Pune. It was established in 1935 and nationalised by the Government of India in 1969. It has 2,641 branches, as of June 2025.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Bank of Maharashtra
- NSE symbol
- MAHABANK
- BSE scrip code
- 532525
- ISIN
- INE457A01014
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 12 Apr 2004
- Face value
- ₹10 per share
- Market lot
- 1 share
- Shares issued
- 769.16 crore
- Index
- NIFTY 500
- Sector (NSE)
- Financial Services
- Industry
- Major Banks
- Managing director / CEO
- Nidhu Saxena
- Headquarters
- Pune, IN
- Registered address
- 134/1, Mont Claire, Baner-Pashan Link Road, Pashan, Pune - 411021
- Founded
- 1935
- Employees
- 15,596
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- bankofmaharashtra.bank.in
Peers
Other Financial Services stocks
Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.