MAHABANK
Bank of Maharashtra (MAHABANK) Stock Analysis
Bank of Maharashtra is a public-sector bank headquartered in Pune serving retail, agriculture, MSME, and corporate customers across India. It offers deposits, loans, and digital banking with a strong Maharashtra base. Performance tracks credit growth and asset quality in PSU banking. It is listed on Indian stock exchanges.
Financial Services › Banks - Regional
₹83.20
+3.30% 1W | +42.60% 52W
Market Cap
64.0k CR
P/E Ratio
8.5
52W High
₹94.5
52W Low
₹54.7
Div. Yield
2.68%
Beta
0.8
50 DMA
₹81.8
200 DMA
₹76.2
Profit Margin
53.4%
Inst. Own.
17.1%
📊 CONSOLIDATION
📊 CONSOLIDATION
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,789 | 5,068 | 5,172 | 5,467 | 5,875 | 6,017 | 6,325 | 6,731 | 7,054 | 7,128 | 7,344 | 7,755 | 8,035 |
| Interest | 2,449 | 2,636 | 2,705 | 2,882 | 3,075 | 3,210 | 3,381 | 3,614 | 3,762 | 3,880 | 3,922 | 4,052 | 4,264 |
| Expenses | 1,882 | 2,164 | 2,076 | 2,339 | 2,349 | 2,219 | 2,269 | 2,561 | 2,414 | 2,275 | 2,348 | 2,312 | 2,522 |
| Financing Profit | 458 | 268 | 390 | 246 | 450 | 588 | 675 | 556 | 878 | 973 | 1,075 | 1,391 | 1,248 |
| Financing Margin % | 10% | 5% | 8% | 4% | 8% | 10% | 11% | 8% | 12% | 14% | 15% | 18% | 16% |
| Other Income | 629 | 668 | 680 | 1,022 | 894 | 792 | 788 | 981 | 825 | 846 | 933 | 938 | 1,029 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1,088 | 936 | 1,070 | 1,268 | 1,344 | 1,380 | 1,463 | 1,537 | 1,703 | 1,819 | 2,008 | 2,330 | 2,277 |
| Tax % | 19% | 2% | 3% | 4% | 4% | 4% | 4% | 3% | 6% | 10% | 11% | 14% | 11% |
| Net Profit | 884 | 920 | 1,038 | 1,230 | 1,295 | 1,333 | 1,412 | 1,502 | 1,504 | 1,669 | 1,799 | 2,045 | 2,023 |
| EPS in Rs | 1.25 | 1.30 | 1.47 | 1.74 | 1.83 | 1.88 | 1.84 | 1.95 | 1.96 | 2.17 | 2.34 | 2.66 | 2.63 |
| Gross NPA % | 2.28% | 2.19% | 2.04% | 1.88% | 1.85% | 1.84% | 1.80% | 1.74% | 1.74% | 1.72% | 1.60% | 1.45% | 1.45% |
| Net NPA % | 0.24% | 0.23% | 0.22% | 0.20% | 0.20% | 0.20% | 0.20% | 0.18% | 0.18% | 0.18% | 0.15% | 0.13% | 0.13% |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12,665 | 13,053 | 12,062 | 11,096 | 10,850 | 11,496 | 11,869 | 13,019 | 15,899 | 20,495 | 24,948 | 29,282 | 30,262 |
| Interest | 8,790 | 9,174 | 8,886 | 7,706 | 7,115 | 7,216 | 6,970 | 6,974 | 8,157 | 10,672 | 13,281 | 15,616 | 16,119 |
| Expenses | 3,953 | 4,332 | 6,709 | 8,034 | 9,825 | 5,330 | 6,788 | 7,278 | 6,314 | 8,542 | 9,107 | 9,005 | 9,456 |
| Financing Profit | -78 | -453 | -3,533 | -4,643 | -6,090 | -1,050 | -1,889 | -1,233 | 1,428 | 1,281 | 2,560 | 4,661 | 4,688 |
| Financing Margin % | -1% | -3% | -29% | -42% | -56% | -9% | -16% | -9% | 9% | 6% | 10% | 16% | 15% |
| Other Income | 1,020 | 1,037 | 1,525 | 1,540 | 1,568 | 1,660 | 2,649 | 2,655 | 2,283 | 3,015 | 3,476 | 3,538 | 3,746 |
| Depreciation | 115 | 149 | 118 | 129 | 241 | 211 | 188 | 268 | 262 | 223 | 291 | 344 | 0 |
| Profit before tax | 827 | 435 | -2,126 | -3,232 | -4,763 | 399 | 571 | 1,153 | 3,448 | 4,072 | 5,745 | 7,855 | 8,433 |
| Tax % | 44% | 73% | -36% | -66% | 0% | 0% | 0% | 0% | 24% | 0% | 4% | 11% | |
| Net Profit | 465 | 118 | -1,356 | -1,112 | -4,763 | 399 | 571 | 1,153 | 2,605 | 4,072 | 5,542 | 7,017 | 7,536 |
| EPS in Rs | 4.37 | 1.01 | -11.61 | -4.28 | -17.30 | 0.68 | 0.87 | 1.71 | 3.87 | 5.75 | 7.21 | 9.12 | 9.80 |
| Dividend Payout % | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 29% | 34% | 24% | 21% | 13% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 23.0% | 20.0% | 8.0% |
| Profit CAGR | 39.0% | 65.0% | 50.0% |
Shareholding Pattern
Promoters79.60%
FIIs1.89%
DIIs10.40%
Public8.11%
Promoters79.60%
FIIs2.35%
DIIs10.06%
Public8.00%
Promoters73.60%
FIIs4.92%
DIIs13.50%
Public7.97%
Promoters73.60%
FIIs5.55%
DIIs13.93%
Public6.93%
Promoters73.60%
FIIs5.82%
DIIs14.28%
Public6.32%
Promoters90.97%
FIIs0.26%
DIIs3.33%
Public5.44%
Promoters86.46%
FIIs1.04%
DIIs4.68%
Public7.80%
Promoters79.60%
FIIs1.72%
DIIs10.67%
Public8.00%
Promoters73.60%
FIIs5.55%
DIIs13.93%
Public6.93%
Promoters73.60%
FIIs5.82%
DIIs14.28%
Public6.32%
MAHABANK
Holdings Analysis
Key strengths & risk signals
84
Overall
90
Fundamental
78
Technical
Risks (1)
WEAK MOMENTUM! Limited price growth - 3.3% (1 week), -1.7% (1 month), -1.3% (3 months).
Strengths (4)
EXCELLENT EFFICIENCY! 53.4% profit margin - company keeps strong profits.
BULLISH TREND! 50-day average (81.8) is above 200-day average (76.2) - positive signal.
GOOD YEAR! Stock gained 42.6% in the last year.
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 17,005,678 vs down days: 13,578,408. Ratio: 1.25x
Fundamental & Technical Analysis
84Overall
90Fundamental
78Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 15.6% (VERY GOOD, 13/15). Profit CAGR: 39.1% (EXCELLENT, 15/15).
Profit Margin
10/10
EXCELLENT EFFICIENCY! 53.4% profit margin - company keeps strong profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.22 indicates stock is cheap relative to growth.
Dividend Yield
6/10
MODERATE DIVIDEND! 2.68% yield - some income benefit.
Debt to Equity
6/10
MODERATE DEBT! D/E of 0.83 - acceptable leverage.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 6.42% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (81.8) is above 200-day average (76.2) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (83.2) is above both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATION
52W Performance
10/10
GOOD YEAR! Stock gained 42.6% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 17,005,678 vs down days: 13,578,408. Ratio: 1.25x
RSI
3/5
NEUTRAL! RSI at 52.8 - balanced momentum.
52W Range
4/5
UPPER HALF! Trading at 71.6% of 52W range - positive territory.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 3.3% (1 week), -1.7% (1 month), -1.3% (3 months).
Beta
4/5
BELOW MARKET! Beta of 0.80 - slightly less volatile than market.
MAHABANK
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-16 | Concall PDF | |
| Q2FY262026-01-16 | Concall PDF | |
| Q1FY262025-10-17 | Concall PDF |
Peer Comparison
Financial Services · Banks - Regional · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MAHABANK | ₹83.20 | 8.5 | 53.4% | 15.6% | 39.1% | +42.6% | 84 | CONSOLIDATION | +34.5% | -1.1% | +16.6% | +3.4% |
| YESBANK | ₹20.50 | 17.2 | 23.2% | 25.3% | 68.4% | -14.8% | 65 | BREAKDOWN | +32.6% | -1.0% | +11.0% | +4.7% |
| RBLBANK | ₹418.00 | 30.4 | 11.1% | 12.2% | -1.5% | +41.3% | 65 | APPROACHING SUPPORT | +9.3% | -4.2% | +1.0% | -6.0% |
| BANKINDIA | ₹134.50 | 5.2 | 35.0% | 7.3% | 39.0% | +4.4% | 71 | BREAKDOWN | +80.5% | +7.0% | +14.4% | -5.1% |
| INDUSINDBK | ₹861.60 | 51 | 7.6% | -0.4% | -50.7% | +13.2% | 58 | BOUNCE FROM SUPPORT | +71.7% | +74.5% | -4.8% | +6.3% |
| IDFCFIRSTB | ₹79.50 | 30.7 | 9.1% | 19.6% | -13.5% | +5.4% | 60 | BOUNCE FROM SUPPORT | +153.1% | +247.2% | +15.7% | +13.4% |
| IOB | ₹30.60 | 10 | 36.6% | 14.2% | 37.1% | -24.2% | 63 | BREAKDOWN | +45.6% | +10.3% | +38.3% | +22.8% |
| AUBANK | ₹982.00 | 25.9 | 25.6% | 30.4% | 22.8% | +30.7% | 79 | APPROACHING SUPPORT | +37.0% | -4.3% | +18.5% | +2.2% |
Data from TradeAlone · Updated daily
