Bank of Maharashtra

Bank of Maharashtra (MAHABANK) is a mid-cap Financial Services company valued at ₹61,302 crore operating in Public Sector Bank on the NSE and BSE.

Recent price move

Bank of Maharashtra last traded at ₹79.79, modestly down 0.46% on the day.

Recent developments

On 2026-10-04, the company reported a 27% rise in Q1 net profit to ₹2,020 crore. On 2026-09-18, the company raised $500 million in global debt, with the order book reaching nearly three times the issue size. On 2026-09-18, the company's first-ever overseas bond issuance of $500 mn got 3 times subscription. On 2026-09-07, the company and Canara Bank plan to raise $500 million each through dollar bonds.

Financial performance

The company's annual net profit rose 26.6% to ₹7,017 crore, while the latest quarter net profit increased 34.5% to ₹2,023 crore. The net profit margin remained at 24.0%, and the return on equity was 21.1% for the latest quarter, showing strong profitability.

Valuation multiples

The stock trades at 8.8 times earnings, a discount to the Financial Services median of 19.3, 1.91 times book value. It yields 2.6%.

Things to watch

The stock is 12.0% below its 52-week high. The return on capital employed is 5.3%, which is relatively low. The company's promoter holding is 73.60%, which is high but stable.

Where it stands

The company's latest quarter net profit increased 34.5% to ₹2,023 crore, while annual net profit rose 26.6% to ₹7,017 crore. The return on equity was 21.1% for the latest quarter, showing strong profitability. The stock is 12.0% below its 52-week high.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.