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    Banks - Regional
Bank of Maharashtra

Bank of Maharashtra

MAHABANK.BO
Bank of MaharashtraIN flagBombay Stock Exchange
79.74
INR
+0.74
- -
613.32BMarket Cap
Bank of Maharashtra
MAHABANK.BO
(Bombay Stock Exchange)

Recent

price

79.74

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
57.97
64.84
67.44
61.34
49.33
44.31
40.63
38.8
16.06
10.39
12.27
12.26
15.21
17.08
20.49
22.37
20.63
Revenue per Share
6.96
7.71
12.04
4.73
4.64
1.06
-11.61
-8.72
-14.19
0.69
0.91
1.73
3.87
5.8
7.51
9.12
7.63
Basic EPS, GAAP
-70.95
29.3
-1.94
-4.94
-12.37
24.73
63.3
-14.61
-32.71
0.98
3.6
9.86
-2.62
16.1
9.63
-15.28
- -
Free Cash Flow per Basic Share
2
2.61
3.15
2.84
1.37
0.77
- -
- -
- -
- -
- -
0.5
0.5
1.25
1.34
2.5
- -
Dividend per Share
33.38
33.85
23.95
20.57
12.08
11.16
-1.66
0.93
-13.48
-2.46
10.76
10.96
12.46
15.27
19.07
10
- -
Book Value per Share
91.85
97.84
108.52
103.87
80.9
79.49
63.73
78.75
17.46
18.72
19.64
21.01
23.46
28.31
38.9
43.18
- -
Tangible Book Value per Share
431
482
590
711
1,001
1,112
1,168
1,275
3,356
5,816
6,254
6,681
6,730
7,018
7,379
7,694
7,535
Basic Weighted Avg Shares
25,004
31,275
39,789
43,617
49,384
49,257
47,472
49,491
53,880
60,438
76,702
81,904
102,356
119,882
151,220
172,076
155,458
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
679
657
739
1,000
1,153
1,492
1,179
1,286
2,414
2,110
1,881
2,683
2,625
2,235
2,906
3,438
- -
Depreciation Expense
3,348
4,368
7,691
3,986
4,646
1,182
-13,561
-11,120
-47,632
3,988
5,715
11,534
26,050
40,718
55,418
70,169
57,511
Net Income, GAAP
- -
34.24
43.39
47.6
43.52
72.81
- -
- -
- -
- -
70.71
69.73
32.37
7.48
3.55
10.67
4.32
Effective Tax Rate (%)
13.39
13.97
19.33
9.14
9.41
2.4
-28.57
-22.47
-88.41
6.6
7.45
14.08
25.45
33.96
36.65
40.78
36.99
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
30,766
37,748
122,775
56,625
86,367
87,281
81,367
40,637
86,492
31,920
37,388
72,467
102,657
77,189
238,525
352,336
- -
LT Debt
39,843
47,420
64,258
74,097
81,228
88,601
74,689
100,670
58,831
109,092
123,083
140,619
157,902
198,706
287,080
332,246
- -
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
27.85
24.21
46.66
23.41
34.77
9.64
- -
- -
- -
- -
- -
16.42
33.17
42.63
44.72
64.49
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,692
7,692
- -
Market Capitalization
379,980
341,359
430,256

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
154,868
428,037
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.84%
22.52%
15.73%
Free Cash Flow
-25.43%
-195.53%
-265.4%
Net Income, GAAP
-65.55%
69.34%
26.62%
Sales/Revenue/Turnover
13.74%
17.76%
13.79%
Total Cash Common Dividend
- -
- -
93.96%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
29,692
30,999
31,461
37,585
119,882
2025
36,935
35,991
37,316
40,978
151,220
2026
41,173
43,556
46,412
- -
172,076

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.29
1.3
1.47
- -
5.8
2025
1.83
1.88
1.84
1.95
7.51
2026
1.96
2.34
2.66
- -
9.12

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.25
2025
- -
- -
- -
- -
1.34
2026
- -
- -
- -
- -
2.5
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Business
Bank of Maharashtra (MAHABANK.BO), a public sector bank headquartered in Pune, India, and founded in 1935, provides a comprehensive range of retail and corporate banking products and services; these include savings accounts, current accounts, fixed deposits, recurring deposits, and wealth management solutions for individuals, as well as housing loans, car loans, gold loans, education loans, personal loans, MSME loans, agricultural loans, project financing, infrastructure financing, and lines of credit for businesses and institutions. The bank operates over 2,600 branches across India with a focus on Maharashtra and other regions, serving retail customers, small and medium enterprises, farmers, and corporates through digital banking platforms, internet banking, mobile banking, credit cards, insurance products via bancassurance partnerships, and government scheme implementations. In recent developments, Bank of Maharashtra pursues aggressive branch expansion under Project 321, targeting 321 new branches within 18 months and 1,000 over five years following 500 openings in the prior three years, while exploring capital raising options including a potential Rs 2,000 crore infusion amid government stake adjustments to 79.6%, and its associated regional rural banks merged into a single entity under the "One State, One RRB" policy in May 2025.