Bank of Maharashtra Ltd

Bank of Maharashtra rose for a third straight session today. The stock is quoting at Rs 79.88, up 5.75% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.72% on the day, quoting at 24539.15. The Sensex is at 79191.47, up 0.85%. Bank of Maharashtra has added around 28.18% in last one month. Meanwhile, Nifty PSU Bank index of which Bank of Maharashtra is a constituent, has added around 9.52% in last one month and is currently quoting at 8940.45, up 0.84% on the day. The volume in the stock stood at 1096.1 lakh shares today, compared to the daily average of 201.65 lakh shares in last one month.The PE of the stock is 8.95 based on TTM earnings ending December 25.

Total income for the quarter ended 31 March 2026 increased 12.79% YoY to Rs 8,693.04 crore. Profit before tax (PBT) climbed 51.58% to Rs 2,329.09 crore in Q4 FY26. Net Interest Income (NII) grew 18.81% YoY to Rs 3,702 crore, while the bank's net interest margin stood at 3.91%. Operating profit rose 16.92% to Rs 2,946 crore during the quarter. Provisions and contingencies (excluding taxes) declined significantly by 37.25% year-on-year to Rs 617 crore in Q4 FY26, down from Rs 983 crore in the corresponding quarter last year. For the full financial year FY26, the bank reported a 27.16% YoY increase in net profit to Rs 7,019.32 crore, with total income rising 15.56% to Rs 32,822.53 crore. Asset quality showed marked improvement, with gross non-performing assets (GNPA) declining to 1.45% as of 31 March 2026, from 1.74% a year earlier. Net NPA also improved to 0.13% from 0.18% in the corresponding period. Provision coverage ratio strengthened to 98.59%. On the business front, total business expanded 17.47% YoY to Rs 642,531 crore, driven by a 14.14% rise in deposits to Rs 3,50,564 crore and a 19.62% increase in gross advances to Rs 2,91,967 crore. Net advances grew 22.03% YoY to Rs 2,88,104 crore. The bank's Retail, Agriculture, and MSME (RAM) segment grew 20.74% YoY. Retail advances surged 32.39% to Rs 85,857 crore, while MSME advances rose 10.71% to Rs 53,547 crore. Capital adequacy remained strong, with the Basel III capital adequacy ratio improving to 18.36%, including a Common Equity Tier 1 (CET1) ratio of 14.59%. The cost-to-income ratio improved to 37.08% for FY26 from 38.37% in FY25. Return on Assets (ROA) rose to 1.86%, while Return on Equity (ROE) improved to 23.19% for the full year. The board has recommended a final dividend of 12% (Rs 1.20 per equity share of face value Rs 10). Looking ahead, the bank approved plans to raise up to Rs 7,500 crore through equity instruments such as QIP, FPO, or rights issues, along with Basel III-compliant bonds. It also cleared proposals to issue long-term infrastructure bonds worth up to Rs 10,000 crore and raise up to $500 million via foreign currency bonds in FY27. Bank of Maharashtra is engaged in providing banking services. The bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and other banking operations.

Total income for the quarter ended 31 March 2026 increased 12.79% YoY to Rs 8,693.04 crore. Profit before tax (PBT) climbed 51.58% to Rs 2,329.09 crore in Q4 FY26. Net Interest Income (NII) grew 18.81% YoY to Rs 3,702 crore, while the bank's net interest margin stood at 3.91%. Operating profit rose 16.92% to Rs 2,946 crore during the quarter. Provisions and contingencies (excluding taxes) declined significantly by 37.25% year-on-year to Rs 617 crore in Q4 FY26, down from Rs 983 crore in the corresponding quarter last year. For the full financial year FY26, the bank reported a 27.16% YoY increase in net profit to Rs 7,019.32 crore, with total income rising 15.56% to Rs 32,822.53 crore. Asset quality showed marked improvement, with gross non-performing assets (GNPA) declining to 1.45% as of 31 March 2026, from 1.74% a year earlier. Net NPA also improved to 0.13% from 0.18% in the corresponding period. Provision coverage ratio strengthened to 98.59%. On the business front, total business expanded 17.47% YoY to Rs 642,531 crore, driven by a 14.14% rise in deposits to Rs 3,50,564 crore and a 19.62% increase in gross advances to Rs 2,91,967 crore. Net advances grew 22.03% YoY to Rs 2,88,104 crore. The bank's Retail, Agriculture, and MSME (RAM) segment grew 20.74% YoY. Retail advances surged 32.39% to Rs 85,857 crore, while MSME advances rose 10.71% to Rs 53,547 crore. Capital adequacy remained strong, with the Basel III capital adequacy ratio improving to 18.36%, including a Common Equity Tier 1 (CET1) ratio of 14.59%. The cost-to-income ratio improved to 37.08% for FY26 from 38.37% in FY25. Return on Assets (ROA) rose to 1.86%, while Return on Equity (ROE) improved to 23.19% for the full year. The board has recommended a final dividend of 12% (Rs 1.20 per equity share of face value Rs 10). Looking ahead, the bank approved plans to raise up to Rs 7,500 crore through equity instruments such as QIP, FPO, or rights issues, along with Basel III-compliant bonds. It also cleared proposals to issue long-term infrastructure bonds worth up to Rs 10,000 crore and raise up to $500 million via foreign currency bonds in FY27. Bank of Maharashtra is engaged in providing banking services. The bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and other banking operations. The counter jumped 4.04% to end at Rs 75.66 on the BSE.

Net profit of Bank of Maharashtra rose 36.11% to Rs 2044.88 crore in the quarter ended March 2026 as against Rs 1502.32 crore during the previous quarter ended March 2025. Total Operating Income rose 15.22% to Rs 7755.18 crore in the quarter ended March 2026 as against Rs 6730.82 crore during the previous quarter ended March 2025. For the full year,net profit rose 26.62% to Rs 7016.86 crore in the year ended March 2026 as against Rs 5541.78 crore during the previous year ended March 2025. Total Operating Income rose 17.37% to Rs 29281.74 crore in the year ended March 2026 as against Rs 24947.59 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income7755.186730.82 15 29281.7424947.59 17 OPM %70.1961.95 -68.0762.33 - PBDT2329.621536.89 52 7859.195723.95 37 PBT2329.621536.89 52 7859.195723.95 37 NP2044.881502.32 36 7016.865541.78 27 Powered by Capital Market - Live

Bank of Maharashtra announced that the Board of Directors of the Company at its meeting held on 20 April 2026, inter alia, have recommended the final dividend of Rs 1.2 per equity Share (i.e. 12%) , subject to the approval of the shareholders.

Bank of Maharashtra will hold a meeting of the Board of Directors of the Company on 20 April 2026.

Total deposits increased 14% to Rs 3,50,585 crore, compared with Rs 3,07,143 crore a year ago. CASA deposits rose 13% to Rs 1,84,110 crore, while the CASA ratio remained stable at 53%. Global advances grew 22% to Rs 2,92,115 crore from Rs 2,39,837 crore in FY25. Retail, agriculture and MSME (RAM) advances rose 21% to Rs 1,79,847 crore, with the RAM-to-corporate mix steady at 62:38. Corporate advances (domestic) stood at Rs 1,06,143 crore, up 17% year-on-year, while global corporate advances increased 23% to Rs 1,12,267 crore. Overseas IBU advances were reported at Rs 6,124 crore as of 31 March 2026. The domestic credit-deposit ratio improved to 82% from 78% a year earlier, indicating stronger credit growth. The bank's standalone net profit jumped 26.51% to Rs 1,779.33 crore on 16.37% increase in total income to Rs 8,277.06 crore in Q3 FY26 over Q3 FY25.

Bank of Maharashtra is up for a fifth straight session today. The stock is quoting at Rs 74.45, up 0.5% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 25459.95. The Sensex is at 82146.86, down 0.16%. Bank of Maharashtra has gained around 14.5% in last one month. Meanwhile, Nifty PSU Bank index of which Bank of Maharashtra is a constituent, has gained around 9.22% in last one month and is currently quoting at 9787.2, down 0.29% on the day. The volume in the stock stood at 262.83 lakh shares today, compared to the daily average of 193.26 lakh shares in last one month.The PE of the stock is 8.78 based on TTM earnings ending December 25.Powered by Capital Market - Live

Bank of Maharashtra announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 23 March 2026.Powered by Capital Market - Live

Bank of Maharashtra is up for a third straight session today. The stock is quoting at Rs 70.82, up 1.69% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.25% on the day, quoting at 25392.55. The Sensex is at 82144.81, down 1.38%. Bank of Maharashtra has gained around 8.92% in last one month. Meanwhile, Nifty PSU Bank index of which Bank of Maharashtra is a constituent, has gained around 9.3% in last one month and is currently quoting at 9796.85, down 0.31% on the day. The volume in the stock stood at 323.38 lakh shares today, compared to the daily average of 159.32 lakh shares in last one month.The PE of the stock is 8.24 based on TTM earnings ending December 25.Powered by Capital Market - Live