About
Bank of Maharashtra provides various banking products and services in India. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company accepts savings, current, term, and recurring deposits, as well as provides capital gain account schemes. It also offers housing loans, vehicle and car loans, topup loans, education loans, gold loans, personal loans, salary gain schemes, green financing schemes, rooftop solar panel loans, and adhaar loans, as well as loans against properties and deposits; working capital, term, project, infrastructure, export, and bill financing services; lines of credit; commercial lease rental services; accounts takeover services; non-fund based services; micro, small, and medium enterprise loans; and agriculture loans and other services. In addition, the company provides digital banking and lending services, and government schemes; debit and credit cards; documentary credits and collections, import and export financing, guarantees, travel related forex, non-resident Indian services, capital account transactions, remittance schemes, and risk management services; and remittance facilities, as well as hedge exchange risk. Bank of Maharashtra was incorporated in 1935 and is headquartered in Pune, India.
Key Metrics
as of Sep 2026Market Cap66,101 Cr
P/E8.77
Div Yield2.56 %
Book Value₹46.40
52w High₹94.50
52w Low₹51.80
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 2,522.00 | 2,311.00 | 2,348.00 | 2,274.00 | 2,414.00 | 2,561.00 | 2,269.00 | 2,219.00 | 2,349.00 | 2,339.00 | 2,076.00 | 2,164.00 | 1,881.00 |
| Other Income | 1,029.00 | 938.00 | 933.00 | 845.00 | 825.00 | 981.00 | 788.00 | 792.00 | 894.00 | 1,022.00 | 680.00 | 668.00 | 629.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 4,265.00 | 4,053.00 | 3,922.00 | 3,881.00 | 3,762.00 | 3,614.00 | 3,381.00 | 3,211.00 | 3,076.00 | 2,882.00 | 2,706.00 | 2,636.00 | 2,449.00 |
| Profit before tax | 2,277.00 | 2,329.00 | 2,007.00 | 1,818.00 | 1,703.00 | 1,536.00 | 1,462.00 | 1,380.00 | 1,344.00 | 1,267.00 | 1,069.00 | 936.00 | 1,087.00 |
| Tax % | 11.00 | 14.00 | 11.00 | 10.00 | 6.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 2.00 | 19.00 |
| Net Profit | 2,020.00 | 2,014.00 | 1,779.00 | 1,633.00 | 1,593.00 | 1,493.00 | 1,406.00 | 1,327.00 | 1,293.00 | 1,218.00 | 1,036.00 | 920.00 | 882.00 |
| EPS in Rs | 2.63 | 2.62 | 2.31 | 2.12 | 2.07 | 1.94 | 1.83 | 1.87 | 1.83 | 1.72 | 1.46 | 1.30 | 1.25 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 9,004.00 | 9,107.00 | 8,237.00 | 6,314.00 | 6,468.00 | 6,383.00 | 5,978.00 | 10,169.00 | 8,033.00 | 6,708.00 | 4,331.00 | 3,952.00 |
| Other Income | 3,541.00 | 3,454.00 | 2,998.00 | 2,280.00 | 2,652.00 | 2,628.00 | 1,649.00 | 1,547.00 | 1,506.00 | 1,508.00 | 1,019.00 | 1,006.00 |
| Interest | 15,618.00 | 13,282.00 | 10,673.00 | 8,158.00 | 6,975.00 | 6,971.00 | 7,217.00 | 7,116.00 | 7,707.00 | 8,887.00 | 9,174.00 | 8,790.00 |
| Depreciation | 344.00 | 291.00 | 223.00 | 262.00 | 268.00 | 188.00 | 211.00 | 241.00 | 129.00 | 118.00 | 149.00 | 115.00 |
| Profit before tax | 7,857.00 | 5,722.00 | 4,359.00 | 3,445.00 | 1,960.00 | 954.00 | -260.00 | -5,129.00 | -3,266.00 | -2,143.00 | 418.00 | 813.00 |
| Tax % | 11.00 | 4.00 | 7.00 | 24.00 | 41.00 | 42.00 | -249.00 | -7.00 | -65.00 | -36.00 | 76.00 | 45.00 |
| Net Profit | 7,019.00 | 5,520.00 | 4,055.00 | 2,602.00 | 1,152.00 | 550.00 | 389.00 | -4,784.00 | -1,146.00 | -1,373.00 | 101.00 | 451.00 |
| EPS in Rs | 9.13 | 7.18 | 5.73 | 3.87 | 1.71 | 0.84 | 0.67 | -17.38 | -4.41 | -11.75 | 0.86 | 4.24 |
| Dividend Payout % | 13.00 | 21.00 | 24.00 | 34.00 | 29.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7,692.00 | 7,692.00 | 7,081.00 | 6,730.00 | 6,730.00 | 6,560.00 | 5,824.00 | 2,753.00 | 2,598.00 | 1,168.00 | 1,168.00 | 1,063.00 |
| Reserves | 25,416.00 | 20,798.00 | 12,593.00 | 8,880.00 | 7,154.00 | 5,573.00 | 4,931.00 | 2,986.00 | 7,346.00 | 6,211.00 | 7,619.00 | 7,004.00 |
| Other Liabilities | 8,457.00 | 9,658.00 | 8,998.00 | 7,193.00 | 6,685.00 | 6,287.00 | 4,375.00 | 7,997.00 | 3,340.00 | 4,755.00 | 3,952.00 | 4,706.00 |
| Total Liabilities | 427,363.00 | 369,142.00 | 307,138.00 | 267,651.00 | 230,611.00 | 196,665.00 | 168,867.00 | 164,536.00 | 156,329.00 | 159,324.00 | 160,957.00 | 146,019.00 |
| Fixed Assets | 2,954.00 | 2,911.00 | 2,200.00 | 2,149.00 | 2,036.00 | 1,622.00 | 1,604.00 | 1,741.00 | 1,487.00 | 1,564.00 | 1,694.00 | 1,432.00 |
| CWIP | 8.00 | 4.00 | 10.00 | 8.00 | 205.00 | 52.00 | 72.00 | 34.00 | 30.00 | 22.00 | 0.00 | 0.00 |
| Investments | 101,480.00 | 82,005.00 | 68,274.00 | 68,867.00 | 68,590.00 | 68,112.00 | 57,741.00 | 59,697.00 | 43,623.00 | 38,590.00 | 36,231.00 | 32,765.00 |
| Other Assets | 322,921.00 | 284,222.00 | 236,654.00 | 196,628.00 | 159,780.00 | 126,879.00 | 109,450.00 | 103,063.00 | 111,189.00 | 119,148.00 | 123,032.00 | 111,822.00 |
| Total Assets | 427,363.00 | 369,142.00 | 307,138.00 | 267,651.00 | 230,611.00 | 196,665.00 | 168,867.00 | 164,536.00 | 156,329.00 | 159,324.00 | 160,957.00 | 146,019.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -10,989.00 | 7,649.00 | 11,597.00 | -1,438.00 | 6,898.00 | 2,467.00 | 703.00 | -10,823.00 | -1,723.00 | 7,498.00 | 2,885.00 | -1,083.00 |
| Cash from Investing Activity | -853.00 | -516.00 | -275.00 | -177.00 | -302.00 | -189.00 | -109.00 | -126.00 | -134.00 | -99.00 | -132.00 | -151.00 |
| Cash from Financing Activity | -2,607.00 | 4,750.00 | 461.00 | 228.00 | 378.00 | 217.00 | 698.00 | 4,220.00 | 1,100.00 | -77.00 | -186.00 | 1,885.00 |
| Net Cash Flow | -14,449.00 | 11,883.00 | 11,783.00 | -1,387.00 | 6,974.00 | 2,495.00 | 1,292.00 | -6,729.00 | -758.00 | 7,322.00 | 2,567.00 | 651.00 |
| Free Cash Flow | -11,394.00 | 7,133.00 | 11,321.00 | -1,615.00 | 6,596.00 | 2,278.00 | 594.00 | -10,949.00 | -1,858.00 | 7,399.00 | 2,753.00 | -1,234.00 |
| CFO/OP % | -54.00 | 48.00 | 95.00 | -15.00 | 105.00 | 45.00 | 13.00 | -1,590.00 | -56.00 | 140.00 | 38.00 | -12.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 05 Jun 2026 | 05 Jun 2026 | — | 1.20 | |
| Dividend | 20 Jan 2026 | 20 Jan 2026 | — | 1.00 | |
| Dividend | 09 May 2025 | 09 May 2025 | — | 1.50 | |
| Dividend | 10 May 2024 | 10 May 2024 | — | 1.40 | |
| Dividend | 23 May 2023 | 23 May 2023 | — | 1.30 | |
| Dividend | 20 Jun 2022 | — | — | 0.50 | |
| Other | 16 Jun 2021 | — | — | — | Annual General Meeting |
| Other | 03 Aug 2020 | — | — | — | Annual General Meeting |
| Other | 19 Jun 2019 | — | — | — | Annual General Meeting |
| Other | 13 Jun 2018 | — | — | — | Annual General Meeting |
| Other | 08 Jun 2017 | — | — | — | Annual General Meeting |
| Other | 21 Jun 2016 | — | — | — | Annual General Meeting |
| Dividend | 19 Jun 2015 | — | — | 0.80 | |
| Other | 29 May 2014 | — | — | — | Annual General Meeting |
| Dividend | 06 Feb 2014 | 07 Feb 2014 | — | 1.00 | |
| Dividend | 30 May 2013 | — | — | 2.30 | |
| Dividend | 14 Jun 2012 | — | — | 2.20 | |
| Dividend | 16 Jun 2011 | — | — | 2.00 | |
| Dividend | 30 Jun 2010 | — | — | 2.00 | |
| Dividend | 02 Jul 2009 | — | — | 1.50 | |
| Dividend | 29 May 2008 | — | — | 2.00 | |
| Other | 03 Jan 2008 | 04 Jan 2008 | — | — | General |
| Other | 03 Jan 2008 | 04 Jan 2008 | — | — | Egm-Election Of Directors |
| Dividend | 30 May 2007 | — | — | 2.00 | |
| Dividend | 15 Jun 2006 | — | — | 0.40 | |
| Dividend | 22 Jun 2005 | — | — | 1.40 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update21 Jul from icra
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Rating update2 Jul from care
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Rating update11 Mar from infomerics
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Rating update22 Jan from brickwork
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Rating update18 Dec 2025 from smera
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Rating update4 Nov 2025 from crisil