Bank of Maharashtra
Bank of Maharashtra Share Price Chart
Bank of Maharashtra last traded at ₹82.51 (2026-10-13). Over the past month the stock moved -1.9%, three months the stock moved +2.9%, year the stock moved +43.9%. Its closing range over 52 weeks is ₹56.98 – ₹86.33, with the latest close 4.4% below the high.
Closing prices up to 2026-10-13.
About Bank of Maharashtra
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]
Revenue Breakup Retail Banking: ~46% in Q3 FY26 vs ~35% in FY22 Corporate/ Wholesale Banking: ~35% in Q3 FY26 vs ~30% in FY22 Treasury: 19% in Q3 FY26 vs 32% in FY22 Other Operations: 1% in Q3 FY26 vs 3% in FY22 [1][2]
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Bank of Maharashtra reported sales of ₹8,035.00 crore (+13.9%) and net profit of ₹2,023.00 crore (+34.5%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 8,035 | 1,248 | 16.00 | 2,023 | 2.63 |
| Mar 2026 | 7,755 | 1,391 | 18.00 | 2,045 | 2.66 |
| Dec 2025 | 7,344 | 1,075 | 15.00 | 1,799 | 2.34 |
| Sep 2025 | 7,128 | 973.00 | 14.00 | 1,669 | 2.17 |
| Jun 2025 | 7,054 | 878.00 | 12.00 | 1,504 | 1.96 |
| Mar 2025 | 6,731 | 556.00 | 8.00 | 1,502 | 1.95 |
| Dec 2024 | 6,325 | 675.00 | 11.00 | 1,412 | 1.84 |
| Sep 2024 | 6,017 | 588.00 | 10.00 | 1,333 | 1.88 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +18.7% | +22.3% | +23.1% | +20.1% | +18.5% | +16.1% | +15.2% | +13.9% |
| Operating profit growth | +119.4% | +73.1% | +126.0% | +95.1% | +65.5% | +59.3% | +150.2% | +42.1% |
| Net profit growth | +44.9% | +36.0% | +22.1% | +16.1% | +25.2% | +27.4% | +36.2% | +34.5% |
| EPS growth | +44.6% | +25.2% | +12.1% | +7.1% | +15.4% | +27.2% | +36.4% | +34.2% |
| OPM % | 10.0% | 11.0% | 8.0% | 12.0% | 14.0% | 15.0% | 18.0% | 16.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Bank of Maharashtra reported sales of ₹29,282.00 crore (+17.4%) and net profit of ₹7,017.00 crore (+26.6%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 29,282 | 4,317 | 15.00 | 7,017 | 9.12 |
| Mar 2025 | 24,948 | 2,356 | 9.00 | 5,542 | 7.21 |
| Mar 2024 | 20,495 | 1,281 | 6.00 | 4,072 | 5.75 |
| Mar 2023 | 15,899 | 1,428 | 9.00 | 2,605 | 3.87 |
| Mar 2022 | 13,019 | -1,233 | -9.00 | 1,153 | 1.71 |
| Mar 2021 | 11,869 | -1,889 | -16.00 | 571.00 | 0.87 |
| Mar 2020 | 11,496 | -1,050 | -9.00 | 399.00 | 0.68 |
| Mar 2019 | 10,850 | -6,090 | -56.00 | -4,763 | -17.30 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | -2.2% | +6.0% | +3.2% | +9.7% | +22.1% | +28.9% | +21.7% | +17.4% |
| Operating profit growth | – | – | – | – | – | -10.3% | +83.9% | +83.2% |
| Net profit growth | – | – | +43.1% | +101.9% | +125.9% | +56.3% | +36.1% | +26.6% |
| EPS growth | – | – | +27.9% | +96.6% | +126.3% | +48.6% | +25.4% | +26.5% |
| OPM % | -56.0% | -9.0% | -16.0% | -9.0% | 9.0% | 6.0% | 9.0% | 15.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
Bank of Maharashtra is trading at ₹74.72, up 58.51% YoY and 16.95% in 3 months, significantly outperforming the broader banking sector with a 95th percentile rank. Q4 FY26 net profit surged 34–36% YoY to ₹2,014 crore with strong NII growth of 20%, demonstrating solid earnings momentum; however, the sharp deterioration in operating cash flow (from +₹7,628 Cr in Mar 2025 to -₹11,336 Cr in Mar 2026) raises critical concerns about cash conversion quality and underlying asset health. At P/E 8.64× vs industry 10.82×, the stock appears fairly valued, but elevated debt-to-equity ratio of 1.06 (up from 0.39 two years prior) and speculative delivery percentage of 35.9% warrant caution on sustainability.
- Strong earnings momentum with Q4 net profit growth of 34–36% YoY and NII up 20%, supporting ₹9.12 annualized EPS
- Exceptional technical setup with RSI-14 at 65.0, Tech Score 81.7, and 95th percentile sector rank, indicating strong institutional accumulation despite 35.9% delivery %
- Attractive dividend yield of 2.06% with recent dividend announcement, combined with 73.6% promoter holding signaling strong insider confidence and governance stability
- Operating cash flow collapsed from +₹7,628 Cr (Mar 2025) to -₹11,336 Cr (Mar 2026), indicating severe deterioration in cash generation quality and potential hidden asset stress or capital adequacy concerns
- Debt-to-equity ratio surged to 1.06 from 0.39 two years ago (+171% borrowing growth vs +67% equity growth), signaling aggressive leverage expansion that may constrain dividend capacity and increase NPA vulnerability in a credit cycle downturn
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
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Frequently Asked Questions
What is the share price of Bank of Maharashtra today?
Bank of Maharashtra shares were last quoted at ₹82.51 (-0.8% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Bank of Maharashtra?
Bank of Maharashtra has a price-to-earnings (P/E) ratio of 8.64 and a price-to-book (P/B) ratio of 1.85. The industry P/E is 9.08.
What is the 52-week high and low of Bank of Maharashtra?
The 52-week high of Bank of Maharashtra is ₹94.50 and the 52-week low is ₹53.81.
What is the market cap of Bank of Maharashtra?
The market capitalisation of Bank of Maharashtra is about ₹65,147.47 crore.
How did Bank of Maharashtra perform in its latest quarterly results?
In the latest quarter (Jun 2026), Bank of Maharashtra reported sales of ₹8,035.00 crore (+13.9%) and net profit of ₹2,023.00 crore (+34.5%), compared with the same quarter last year.
Is Bank of Maharashtra a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Bank of Maharashtra has a 3-year ROE of 23.00%, 3-year profit growth of 39.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Bank of Maharashtra?
Promoters hold about 73.60% of Bank of Maharashtra.
Which sector does Bank of Maharashtra belong to?
Bank of Maharashtra belongs to the Bank - Public sector.