Bank of Maharashtra

Web: bankofmaharashtra.bank.in NSE: MAHABANK BSE: 532525 SECTOR: Financial Services - Banks

79 1(-1%)

Volume

1c as on 22, Jul

Open

High

Low

VWAP

52 Week High

52 Week Low

Viand Research Rating

Quality Score

57/100

Growth Score

20/100

Valuation Score

50/100

Momentum Score

25/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

60,456

No. of Shares

769

P/E

8.25

P/B

1.77

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

21.48

ROCE

Profit Growth

Listing Date

12-Apr-04

Promoter Holding

73.6%

FII Holding

5.82%

DII Holding

14.28%

Price Chart

Price Performance

1 Week1%

1 Month12%

3 Months1%

6 Months20%

1 Year40%

YTD24%

Moving Average

5 Day SMA80

10 Day SMA81

20 Day SMA85

30 Day SMA86

50 Day SMA83

61 Day SMA83

80 Day SMA80

200 Day SMA69

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	84	82	83	84
Resistance 2	83	82	83	83
Resistance 1	83	82	82	82
Pivot Point	81	82	81	81
Support 1	81	82	81	80
Support 2	80	81	80	79
Support 3	79	81	80	78

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HDFCBANK	11,48,708	746	8%	4%	18%	26%	15	40.9	0	79219
2	ICICIBANK	10,28,380	1433	2%	7%	7%	3%	16	40.9	0	57936
3	SBIN	9,35,523	1014	0%	2%	2%	25%	11	40.9	0	86666
4	BAJFINANCE	6,47,464	1040	4%	10%	12%	10%	28	40.9	0	19332
5	LICI	5,33,640	422	4%	4%	48%	54%	9	40.9	0	57453
6	KOTAKBANK	3,80,984	383	1%	5%	11%	82%	20	40.9	0	19288
7	AXISBANK	3,80,565	1223	6%	9%	4%	12%	15	40.9	0	26548
8	BAJAJFINSV	3,02,712	1891	1%	5%	6%	9%	13	40.9	5.52	19669
9	SHRIRAMFIN	2,41,507	1026	2%	7%	5%	62%	21	40.9	0	10024
10	SBILIFE	1,86,506	1859	3%	0%	11%	0%	70	40.9	0	2470
Load More

Shareholding Pattern (%)

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Oct 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 73.60%	(0.01) 73.60%	(-6.01) 73.60%	(0.01) 79.60%	(0.01) 79.60%	(0.01) 79.60%	(0.01) 79.60%	(-6.91) 79.60%	(0.01) 86.46%	(0.01) 86.46%	(0.01) 86.46%	(0.01) 86.46%	(0.01) 86.46%	(-4.51) 86.46%	(0.01) 90.97%	(0.01) 90.97%	(0.01) 90.97%	(0.01) 90.97%	(0.01) 90.97%	(0.01) 90.97%	(0.01) 90.97%
FIIs	(0.31) 5.82%	(0.61) 5.55%	(2.61) 4.92%	(0.51) 2.35%	(0.21) 1.89%	(0.21) 1.72%	(-0.41) 1.54%	(0.71) 1.94%	(0.11) 1.26%	(0.21) 1.20%	(0.61) 1.04%	(-0.11) 0.45%	(-0.11) 0.59%	(0.41) 0.68%	(0.11) 0.26%	(0.01) 0.16%	(0.01) 0.20%	(0.01) 0.16%	(0.01) 0.13%	(0.01) 0.12%	(0.01) 0.15%
DIIs	(0.41) 14.28%	(0.41) 13.93%	(3.41) 13.50%	(-0.31) 10.06%	(-0.31) 10.40%	(-0.21) 10.67%	(-0.11) 10.88%	(6.61) 11.02%	(-0.11) 4.46%	(-0.11) 4.58%	(0.01) 4.68%	(-0.51) 4.71%	(-1.31) 5.17%	(3.11) 6.43%	(-0.11) 3.33%	(-0.41) 3.39%	(0.01) 3.78%	(0.01) 3.74%	(0.01) 3.74%	(0.01) 3.70%	(0.01) 3.67%
Public	6.32%	6.93%	7.97%	8.00%	8.11%	8.00%	7.99%	7.43%	7.81%	7.75%	7.80%	8.37%	7.76%	6.42%	5.44%	5.49%	5.05%	5.13%	5.17%	5.21%	5.21%
No. of Shareholders	875,943	901,410	952,775	974,484	991,930	1,006,265	995,543	948,497	948,432	919,663	846,746	677,087	606,046	453,524	441,517	433,506	371,592	379,399	374,458	367,605	352,568

Quarterly Results

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	8035	7755	7344	7128	7054	6731	6325	6017	5875	5467	5172	5068	4789	4495	4131	3815	3457	3426	3282	3207	3104
Sales Growth % (YoY)	13.9%	15.2%	16.1%	18.5%	20.1%	23.1%	22.3%	18.7%	22.7%	21.6%	25.2%	32.8%	38.5%	31.2%	25.8%	19%	11.4%	10.6%	-	-	-
Sales Growth % (QoQ)	3.6%	5.6%	3%	1%	4.8%	6.4%	5.1%	2.4%	7.5%	5.7%	2.1%	5.8%	6.5%	8.8%	8.3%	10.4%	0.9%	4.4%	2.3%	3.3%	-
Expenses	2522	2312	2348	2275	2414	2561	2269	2219	2349	2339	2076	2164	1882	2098	1622	1507	1349	1321	1812	1870	1740
Operating Profit	1248	1391	1075	973	878	556	675	588	450	246	390	268	458	89	359	380	337	291	-285	-370	-334
OPM %	16	18	15	14	12	8	11	10	8	4	8	5	10	2	9	10	10	8	-9	-12	-11
Other Income	1029	938	933	846	825	981	788	792	894	1022	680	668	629	822	640	503	317	522	611	832	687
Interest	4264	4052	3922	3880	3762	3614	3381	3210	3075	2882	2705	2636	2449	2308	2149	1928	1772	1814	1755	1708	1697
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	2277	2330	2008	1819	1703	1537	1463	1380	1344	1268	1070	936	1088	911	999	883	654	813	327	462	353
Tax %	11	14	11	10	6	3	4	4	4	4	3	2	19	8	22	39	31	56	1	43	41
Net Profit	2023	2045	1799	1669	1504	1502	1412	1333	1295	1230	1038	920	884	841	777	535	453	356	310	274	214
Net Profit Growth % (QoQ)	-1.1%	13.7%	7.8%	11%	0.1%	6.4%	5.9%	2.9%	5.3%	18.5%	12.8%	4.1%	5.1%	8.2%	45.2%	18.1%	27.2%	14.8%	13.1%	28%	-
Net Profit Growth % (YoY)	34.5%	36.2%	27.4%	25.2%	16.1%	22.1%	36%	44.9%	46.5%	46.3%	33.6%	72%	95.1%	136.2%	150.6%	95.3%	111.7%	-	-	-	-
TTM Net Profit	7536	7017	6474	6087	5751	5542	5270	4896	4483	4072	3683	3422	3037	2606	2121	1654	1393	1154	798	488	0
EPS in Rs	2.63	2.66	2.34	2.17	1.96	1.95	1.84	1.88	1.83	1.74	1.47	1.3	1.25	1.25	1.15	0.79	0.67	0.53	0.46	0.41	0.33

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	29282	24948	20495	15899	13019	11869	11496	10850	11096	12062	13053	12665	11957	9613
Sales Growth %	17.4%	21.7%	28.9%	22.1%	9.7%	3.2%	6%	-2.2%	-8%	-7.6%	3.1%	5.9%	24.4%	-
Expenses	9005	9107	8542	6314	7278	6788	5330	9825	8034	6709	4332	3953	3918	2530
Operating Profit	4661	2560	1281	1428	-1233	-1889	-1050	-6090	-4643	-3533	-453	-78	-409	503
OPM %	16	10	6	9	-9	-16	-9	-56	-42	-29	-3	-1	-3	5
Other Income	3538	3476	3015	2283	2655	2649	1660	1568	1540	1525	1037	1020	907	922
Interest	15616	13281	10672	8157	6974	6970	7216	7115	7706	8886	9174	8790	8447	6580
Depreciation	344	291	223	262	268	188	211	241	129	118	149	115	100	74
Profit before tax	7855	5745	4072	3448	1153	571	399	-4763	-3232	-2126	435	827	399	1352
Tax %	11	4	0	24	0	0	0	0	-66	-36	73	44	0	43
Net Profit	7017	5542	4072	2605	1153	571	399	-4763	-1112	-1356	118	465	399	769
Net Profit Growth %	26.6%	36.1%	56.3%	125.9%	101.9%	43.1%	108.4%	-328.3%	18%	-1249.2%	-74.6%	16.5%	-48.1%	-
EPS in Rs	9.12	7.21	5.75	3.87	1.71	0.87	0.68	-17.3	-4.28	-11.61	1.01	4.37	4.75	11.63
Dividend Payout %	13	21	24	34	29	0	0	0	0	0	0	18	21	20

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	-11336	7628	11581	-1440	6896	2447	693	-10842	-1723	7498	2904	-1083	-173	12
Cash from Investing Activity	-506	-495	-260	-175	-300	-169	-100	-106	-134	-99	-151	-151	-171	-126
Cash from Financing Activity	-2607	4750	461	228	378	217	698	4220	1100	-77	-186	1885	274	542
Net Cash Flow	-14449	11883	11783	-1387	6974	2495	1292	-6729	-758	7322	2567	651	-70	429

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	7692	7692	7692	7081	7081	6730	6730	6560	5824	2753	2598	1168	1168	1063	839	661
Reserves	25533	23701	21016	15809	12789	9060	7331	5748	5085	3130	7469	6301	7692	7060	5983	5176
Borrowings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	8475	7423	9673	7533	9013	7207	6700	6299	4388	8008	3351	4765	3961	4713	3831	3347
Total Liabilities	427471	373507	369354	317173	307329	267827	230783	196835	169018	164676	156449	159411	161029	146073	136360	116981
Fixed Assets	2954	2904	2911	2379	2200	2149	2036	1622	1604	1741	1487	1564	1695	1432	1446	1429
CWIP	8	0	4	0	10	8	205	52	72	34	30	22	0	0	0	0
Investments	101588	96199	82216	78014	68465	69042	68762	68281	57891	59837	43742	38677	36302	32819	37290	31458
Other Assets	322922	274403	284222	236781	236655	196628	159780	126880	109451	103064	111189	119148	123033	111822	97625	84093
Total Assets	427471	373507	369354	317173	307329	267827	230783	196835	169018	164676	156449	159411	161029	146073	136360	116981

Delivery

#	Date	76 24% 94	Value (Cr)	Q/T 275	Del 41	Del 118
1	22-Jul	79	95	219	57	54
2	21-Jul	82	81	241	37	30
3	20-Jul	81	108	276	43	46
4	17-Jul	80	57	248	41	23
5	16-Jul	79	77	182	48	37
6	15-Jul	80	111	263	43	48
7	14-Jul	79	224	309	53	118
8	13-Jul	83	247	303	46	115
9	10-Jul	84	587	367	26	152
10	9-Jul	82	99	249	45	44
11	8-Jul	81	166	232	49	81
12	7-Jul	83	188	260	57	107
13	6-Jul	87	155	230	51	79
14	3-Jul	89	144	299	47	68
15	2-Jul	91	86	237	44	38
16	1-Jul	91	145	256	41	60
17	30-Jun	91	168	247	41	69
18	29-Jun	94	459	285	47	217
19	25-Jun	89	104	232	44	46
20	24-Jun	89	74	209	49	36
21	23-Jun	88	78	224	49	38
22	22-Jun	89	84	224	42	36
23	19-Jun	90	128	292	48	61
24	18-Jun	90	108	278	34	37
25	17-Jun	90	238	317	35	83
26	16-Jun	88	118	207	49	57
27	15-Jun	89	296	281	51	152
28	12-Jun	87	312	356	37	116
29	11-Jun	83	113	262	50	56
30	10-Jun	84	163	319	42	68
31	9-Jun	84	314	361	45	140
32	8-Jun	80	127	275	40	50
33	5-Jun	79	101	230	38	38
34	4-Jun	80	70	200	41	28
35	3-Jun	80	87	271	45	39
36	2-Jun	79	74	204	45	33
37	1-Jun	78	111	251	49	55
38	29-May	79	95	220	51	49
39	27-May	80	59	258	54	32
40	26-May	80	110	341	53	58
41	25-May	81	92	278	53	49
42	22-May	80	105	321	48	51
43	21-May	80	95	297	44	41
44	20-May	79	61	231	32	20
45	19-May	78	59	196	37	22
46	18-May	78	94	214	42	40
47	15-May	78	76	202	41	31
48	14-May	78	113	227	30	34

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	60,456c	523c	0.86
22-Jul	60,979c	1,900c	3.02
21-Jul	62,878c	1,415c	2.30
17-Jul	61,463c	338c	0.55
16-Jul	61,125c	961c	1.55
15-Jul	62,086c	31c	0.05
14-Jul	62,055c	1,423c	2.24
13-Jul	63,478c	854c	1.33
10-Jul	64,332c	1,146c	1.81
09-Jul	63,186c	961c	1.55
08-Jul	62,225c	2,023c	3.15
07-Jul	64,247c	2,284c	3.43
06-Jul	66,532c	3,861c	5.49
02-Jul	70,393c	169c	0.24
30-Jun	70,224c	723c	1.04
29-Jun	69,501c	1,208c	1.77
26-Jun	68,293c	346c	0.50
25-Jun	68,639c	592c	0.87
24-Jun	68,047c	677c	1.00
23-Jun	67,370c	1,392c	2.02
22-Jun	68,762c	662c	0.95
19-Jun	69,424c	585c	0.85
18-Jun	68,839c	654c	0.94
17-Jun	69,493c	1,661c	2.45
16-Jun	67,832c	646c	0.94
15-Jun	68,478c	1,377c	2.05
12-Jun	67,101c	2,484c	3.84
11-Jun	64,617c	285c	0.44
10-Jun	64,901c	0	0

Stock Checklist

Price is above from 52 week high low average: 26%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 299 fund scheme(s) across 36 fund house(s) as of Jul26 · Total value ₹15,706 Cr · 90 increasing / 17 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Kotak Mahindra Mutual Fund	26	22.88%	+0.34%	4186.1
HDFC Mutual Fund	12	0.88%	+2.30%	2511.9
UTI Mutual Fund	21	4.76%	-	1959.8
Aditya Birla Sun Life Mutual Fund	32	4.37%	-	1816.7
Franklin Templeton Mutual Fund	22	10.51%	+6.97%	796.5
ICICI Prudential Mutual Fund	12	0.74%	+1.29%	698
Nippon India Mutual Fund	12	0.72%	-	567.6
ICICI Prudential Asset Management Company Limited	3	1.95%	+2.43%	511.5
SBI Mutual Fund	10	70.45%	-	450.9
DSP Mutual Fund	12	10.30%	-	400.6
Mahindra Manulife Mutual Fund	8	3.25%	+0.07%	358.8
Canara Robeco Mutual Fund	2	2.75%	-	244.5
Tata Mutual Fund	4	1.50%	-	201.3
Bank of India Mutual Fund	9	3.54%	-	176.9
PGIM India Mutual Fund	2	0.76%	-	162.8
Invesco Mutual Fund	2	1.16%	-	125
ITI Mutual Fund	8	1.20%	+0.08%	122.1
Samco Mutual Fund	18	18.62%	+1.05%	118.4
JM Financial Mutual Fund	2	2.81%	-	65.3
Motilal Oswal Mutual Fund	8	1.79%	-	56.3
PPFAS Mutual Fund	2	0.91%	-	49.2
Groww Mutual Fund	14	1.98%	-	33.4
LIC Mutual Fund	4	0.94%	-	27.2
Navi Mutual Fund	12	1.69%	-	22.4
Axis Mutual Fund	6	0.25%	-	14.4
Union Mutual Fund	2	0.99%	-	10.1
The Wealth Company Mutual Fund	4	4.11%	-	4.4
Zerodha Mutual Fund	4	0.21%	+0.02%	4.1
Trust Mutual Fund	2	0.73%	+0.73%	3.5
Shriram Mutual Fund	6	0.35%	-	2.4
Edelweiss Mutual Fund	2	0.21%	-	1.3
Jio BlackRock Mutual Fund	2	0.24%	-	1.1
Bandhan Mutual Fund	6	1.38%	-	0.9
Mirae Asset Mutual Fund	4	0.13%	-	0.2
Baroda BNP Paribas Mutual Fund	2	0.40%	-	0.1
Angel One Mutual Fund	2	0.07%	-	0.1

Bank of Maharashtra

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