High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Past Returns: Outperforming stock! In past three years, the stock has provided 45.6% return compared to 11.2% by NIFTY 50.
Momentum: Stock price has a strong positive momentum. Stock is up 4.4% in last 30 days.
Profitability: Very strong Profitability. One year profit margin are 20%.
Size: Market Cap wise it is among the top 20% companies of india.
Growth: Awesome revenue growth! Revenue grew 18.8% over last year and 85% in last three years on TTM basis.
Dividend: Dividend paying stock. Dividend yield of 2.62%.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Strong Balance Sheet.
No major cons observed.
Valuation | |
|---|---|
| Market Cap | 44.08 kCr |
| Price/Earnings (Trailing) | 7.48 |
| Price/Sales (Trailing) | 1.49 |
| EV/EBITDA | 2.2 |
| Price/Free Cashflow | 5.78 |
| MarketCap/EBT | 7.25 |
| Enterprise Value | 44.08 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 29.51 kCr |
| Rev. Growth (Yr) | 16.4% |
| Earnings (TTM) | 5.82 kCr |
| Earnings Growth (Yr) | 23.1% |
Profitability | |
|---|---|
| Operating Margin | 33% |
| EBT Margin | 21% |
| Return on Equity | 1.58% |
| Return on Assets | 1.58% |
| Free Cashflow Yield | 17.3% |
Growth & Returns | |
|---|---|
| Price Change 1W | 5.9% |
| Price Change 1M | 4.4% |
| Price Change 6M | 19.3% |
| Price Change 1Y | -4.2% |
| 3Y Cumulative Return | 45.6% |
| 5Y Cumulative Return | 36.2% |
| 7Y Cumulative Return | 24.3% |
| 10Y Cumulative Return | 5.2% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -494.94 Cr |
| Cash Flow from Operations (TTM) | 7.63 kCr |
| Cash Flow from Financing (TTM) | 4.75 kCr |
| Free Cash Flow (TTM) | 7.63 kCr |
| Free Cash Flow/Share (TTM) | 9.92 |
Balance Sheet | |
|---|---|
| Total Assets | 3.69 LCr |
| Shareholder Equity | 3.69 LCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.56 |
| Interest/Cashflow Ops | 1.55 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1.5 |
| Dividend Yield | 2.62% |
| Shares Dilution (1Y) | 8.6% |
| Shares Dilution (3Y) | 14.3% |
Past Returns: Outperforming stock! In past three years, the stock has provided 45.6% return compared to 11.2% by NIFTY 50.
Momentum: Stock price has a strong positive momentum. Stock is up 4.4% in last 30 days.
Profitability: Very strong Profitability. One year profit margin are 20%.
Size: Market Cap wise it is among the top 20% companies of india.
Growth: Awesome revenue growth! Revenue grew 18.8% over last year and 85% in last three years on TTM basis.
Dividend: Dividend paying stock. Dividend yield of 2.62%.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Strong Balance Sheet.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 2.62% |
| Dividend/Share (TTM) | 1.5 |
| Shares Dilution (1Y) | 8.6% |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 73.83 |
| RSI (5d) | 86.84 |
| RSI (21d) | 57.19 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Sell |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Bank of maharashtra's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the earnings conference call held on July 15, 2025, management provided a positive outlook for Bank of Maharashtra, highlighting a consistent performance over the past three to four years. The bank reported a total business of INR 5.46 lakh crore, registering a year-on-year growth of 15%. They guided for total business growth of 15% for FY2026, with advances expected to grow by 17% and deposits by 14%.
Key takeaways from management included:
Branch Expansion: The bank aims to open 1,000 branches over the next five years, with a target of opening 321 branches within the next 18 months. This initiative, termed "Project 321," is focused on potential growth centers identified through meticulous data analysis.
Sustainable Growth: The management emphasized the importance of sustainable and profitable growth. They reported leading the industry in 18 out of 26 performance metrics, including ROA, ROE, and capital adequacy.
NIM and Profitability: Despite a slight decline in Net Interest Margin (NIM) from 4% to 3.95%, the management is targeting a conservative guidance of 3.75% for FY2026. They attributed the stability in NIM to a high CASA ratio above 50% and conscious avoidance of high-cost deposits.
Technological Enhancements: A revamp of the mobile banking application is in progress to attract new clients and improve user experience, expected to launch within a month.
GIFT City Initiative: The bank received regulatory approval for opening a GIFT City International Banking Unit, anticipated to be a significant driver for new business by Q2 FY2026.
Asset Quality and Provisioning: Management maintains a strong provision coverage ratio (PCR) of 98.36% and targets slippage ratios below 1%. They noted higher slippages at INR 727 crore this quarter but indicated confidence in managing agricultural sector performance going forward.
Overall, management's emphasis on growth, technology, sustainability, and strategic initiatives positioned Bank of Maharashtra favorably in the industry landscape.
Question: "Sir, I wanted to understand the NIM movement this quarter because we have done a good job on NIMs. On the yields, what was the benefit that came from MCLR, how much was the impact from repo cut and what was the benefit of the NIM mix change?"
Answer: Our NIM achieved in Q1 was 3.95%, with previous guidance for the year set at 3.75%. 40% of our loan book is linked to repo rates. The recent rate cuts reduced our NIM by about 18-19 bps. However, we offset this with a CASA ratio maintained above 50% and a conscious strategy to avoid high-cost deposits, which helped cushion the NIM impact. Going forward, we aim to maintain profitability alongside growth.
Question: "On the yields also, despite the compression from repo, we have been able to maintain almost flattish Q-on-Q yield on advances. Does the MCLR movement explain the entire thing? Or is there also a component of loan mix change?"
Answer: The average yield on advances was 9.28%. We focused on profitability in every transaction, and our Gold Loans grew significantly, helping maintain margins. We avoided lower-rated loans, focusing on profitable relationships. This careful approach mitigated yield decline, and I believe our strategy will help us maintain competitive yields going forward.
Question: "Understood. I mean, while your cost of deposit has come down, I think your cost of fund has not. Is this opportunistic in nature?"
Answer: Yes, our overall cost of funds has decreased by 4 bps, but not as sharply as deposits, which fell by 15 bps. We've strategically raised funds through infrastructure bonds to refinance high-cost assets, ensuring cost efficiency. Our aim is to keep borrowings under control and rely less on high-cost deposits while optimizing our NIM effectively.
Question: "Sir, you still maintain the trading guidance of 17%, despite a muted quarter. Do you think you will achieve these numbers?"
Answer: We reported a 15% year-on-year growth in total business, reaching INR 5.46 lakh crore. We have strategic plans for new branches and markets, including the GIFT City initiative, which will significantly contribute to growth. I firmly believe we can reach our guidance of 15% total business growth and 17% in advances this fiscal year.
Question: "What is your normalized slippage ratio guidance for FY 2026 as well as credit cost guidance?"
Answer: Our guidance is to maintain a slippage ratio below 1% and credit cost at around 1%. My current net non-performing assets (NNPA) stand at 0.18%, with a provision coverage ratio (PCR) at 98.36%. We're actively managing our portfolio to mitigate risks and expect to maintain these targets for the fiscal year.
Question: "Could you time line the QIP plans for this year?"
Answer: We currently have a CRAR of 20.5%, above the regulator's recommended level. While we maintain a healthy CRAR, there's no immediate need for capital raise. We've approval for INR 7,500 crore for debt and equity but will consider this at an opportune time, focusing on strengthening our financial stability first.
Question: "What would our outstanding AFS reserves be as on 30th June?"
Answer: Our AFS reserves, which were transferred to capital, stand at approximately INR 497 crore. We have not yet exercised the option to sell any held-to-maturity assets, and we'll evaluate this decision based on prevailing market conditions.
Analysis of Bank of maharashtra's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2026
| Description | Share | Value |
|---|---|---|
| Retail Banking Operations | 44.8% | 3.9 kCr |
| Corporate / Wholesale Banking Operations | 33.8% | 2.9 kCr |
| Treasury Operations | 20.4% | 1.8 kCr |
| Other Banking Operations | 1.1% | 92.1 Cr |
| Total | 8.7 kCr |
Understand Bank of maharashtra ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Life Insurance Corporation of India | 7.1% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Bank of maharashtra against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| MAHABANK | Bank of maharashtra | 44.08 kCr | 29.51 kCr | +4.40% | -4.20% | 7.48 | 1.49 | - | - |
| SBIN | State Bank Of India | 7.91 LCr | 6.78 LCr | +3.60% | +9.50% | 9.3 | 1.17 | - | - |
| PNB | Punjab National Bank | 1.29 LCr | 1.46 LCr | +4.90% | +3.60% | 7.47 | 0.88 | - | - |
| BANKBARODA | Bank Of Baroda | 1.27 LCr | 1.55 LCr | +1.30% | +2.70% | 6.19 | 0.82 | - | - |
| CANBK | Canara Bank | 1.05 LCr | 1.57 LCr | +6.30% | +10.20% | 5.99 | 0.67 | - | - |
| UNIONBANK | Union Bank of India | 1.05 LCr | 1.31 LCr | +0.90% | +10.40% | 6.24 | 0.8 | - | - |
Comprehensive comparison against sector averages
MAHABANK metrics compared to Banks
| Category | MAHABANK | Banks |
|---|---|---|
| PE | 7.48 | 8.83 |
| PS | 1.49 | 1.07 |
| Growth | 18.8 % | 11.2 % |
Bank of Maharashtra is a Public Sector Bank operating primarily in India.
With a stock ticker of MAHABANK, the bank boasts a market capitalization of Rs. 38,465.4 Crores. It offers a wide array of banking products and services, which are categorized into several segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking.
The bank provides various deposit options, including savings, current, term, and demand deposits, along with innovative schemes like capital gain accounts. Its loan offerings are extensive, featuring:
In addition to traditional banking, Bank of Maharashtra emphasizes digital banking and lending services, as well as participation in various government schemes. They also provide services related to debit and credit cards, documentary credits and collections, import/export financing, guarantees, travel-related forex, non-resident Indian services, remittance schemes, risk management services, and hedging against exchange risk.
Founded in 1935 and headquartered in Pune, India, the bank reported a trailing 12-month revenue of Rs. 27,179.3 Crores. It is a profitable entity, achieving a profit of Rs. 5,245.4 Crores over the past four quarters. In the last three years, the bank has experienced a revenue growth of 79.7%.
Bank of Maharashtra also distributes dividends to its investors, currently offering a dividend yield of 4.97% per year, with a recent dividend payout of Rs. 2.7 per share. However, it is notable that the company has diluted shareholder holdings by 14.3% over the past three years.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
MAHABANK vs Banks (2021 - 2025)