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Bank of Maharashtra

MAHABANK · 532525 · Financial Services · Public Sector Bank

Full report
Rs 81+1.05 (+1.31%)
Market cap
Rs 62,302 Cr
P/E
7.78x
P/B
1.67x
52W high / low
Rs 94.5 / Rs 55.51

About Bank of Maharashtra

Bank of Maharashtra is listed on the NSE under the symbol MAHABANK and on the BSE under scrip code 532525. It is classified in the Financial Services sector, industry: Public Sector Bank. It is a constituent of BSE 500, NIFTY 200, NIFTY 500 and NIFTY Midcap 150. The company listed on 12 Apr 2004 and has a face value of Rs 10.

The latest available end-of-day price is Rs 81 (+1.31% on the day), for a market capitalisation of Rs 62,302 Cr. Trailing P/E is 7.78x and price-to-book is 1.67x. The 52-week range is Rs 55.51 to Rs 94.5. The latest price is 65% of the way from the 52-week low to the 52-week high.

Against the 11-company comparison set from the official BSE basic industry Public Sector Bank, its market capitalisation is 1.0 times the peer median of Rs 62,302 Cr, and its P/E of 7.78x compares with a peer median of 6.87x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.

Latest annual results

For FY26 (year ended 31 Mar 2026), Bank of Maharashtra reported total income of Rs 32,824 Cr and net profit of Rs 7,021 Cr, with a net margin of 21.39% and earnings per share of Rs 9.12 (consolidated statements).

Year-on-year change: total income +15.57%; net profit +27.17%; EPS +21.93%. Three-year compound annual growth rate: total income +21.76%; net profit +39.19%.

At the same date the balance sheet shows total assets of Rs 4,27,471 Cr, shareholders' equity of Rs 33,225 Cr, a reported gross NPA ratio of 0.01% and a reported net NPA ratio of 0.00%.

On a trailing-twelve-month basis the filings add up to revenue of Rs 35,770 Cr, net income of Rs 8,125 Cr and a net margin of 22.71%.

Shareholding pattern

In the shareholding pattern for 30 Sept 2026, Bank of Maharashtra's ownership is split: promoters 73.60%; foreign institutional investors (FIIs) 6.51%; domestic institutional investors (DIIs) 13.77%; retail and other shareholders 6.12%.

Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding +0.70 percentage points; DII holding −0.50 percentage points.

The same filing lists reported promoter pledge of 0.00% and 8,81,259 shareholders on record.

Recent filings and corporate actions

135 BSE corporate announcements were filed by Bank of Maharashtra in the past twelve months; the most frequent category is "Company Update" (87). The most recent is "Transcript of Earnings Conference Call" (Company Update), filed on 29 Oct 2026.

The disclosed corporate-action timeline lists 6 entries: dividend (6). The latest is a dividend (Final Dividend - Rs. - 1.2000) with ex-date 5 Jun 2026.

Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.

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Peer comparison

Official BSE basic industry: Public Sector Bank. Limited to companies within a 0.1x–10x market-cap band.

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Official-industry peer comparison for Bank of Maharashtra
Punjab National BankRs 123.9Rs 1,42,398 CrRs 1,49,418 CrRs 20,603 Cr6.46x15.60%
Union Bank of IndiaRs 186.5Rs 1,42,367 CrRs 1,30,808 CrRs 21,301 Cr6.47x17.79%
Bank of BarodaRs 241.31Rs 1,24,942 CrRs 1,59,738 CrRs 17,698 Cr6.87x11.53%
Indian BankRs 864.1Rs 1,16,391 CrRs 84,489 CrRs 12,948 Cr8.81x17.44%
Canara BankRs 119.79Rs 1,08,657 CrRs 1,50,262 CrRs 19,295 Cr5.33x18.28%
Bank of MaharashtraThis companyRs 81Rs 62,302 CrRs 35,770 CrRs 8,125 Cr7.78x25.85%
Bank of IndiaRs 135.7Rs 61,790 CrRs 87,684 CrRs 11,464 Cr5.25x13.80%
Indian Overseas BankRs 29.25Rs 56,326 CrRs 40,817 CrRs 6,442 Cr8.53x19.25%
UCO BankRs 22.17Rs 27,800 CrRs 29,474 CrRs 2,445 Cr10.81x8.50%
Central Bank of IndiaRs 29.22Rs 26,448 CrRs 44,355 CrRs 4,808 Cr5.49x12.70%
Punjab & Sind BankRs 18.98Rs 13,467 CrRs 14,299 CrRs 1,502 Cr9.00x10.93%
MedianRs 119.79Rs 62,302 CrRs 84,489 CrRs 11,464 Cr6.87x15.60%

Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.

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Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.

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