
Bank of Maharashtra Share Price
NSE: MAHABANK
|BSE: 532525
|Bank
₹57.32
+₹0.15 (0.26%) Last updated on 16 Jul, 2025 | 15:57 ISTBank of Maharashtra Overview
Market cap | Open ₹57.90 | Prev. Close ₹57.17 |
Circuit range ₹68.60 - ₹45.73 | Day range ₹57.07 - ₹58.00 | Year range ₹42.00 - ₹70.80 |
Volume 2,22,41,028 | Avg. traded ₹57.52 | Revenue (12m) ₹26,127 Crs |
About Bank of Maharashtra
Bank of Maharashtra is a leading Indian Public Sector Bank with a pan-India and global presence. The public sector lender is a leading player in the financial services and banking sector. The financial services offered by the bank include deposit schemes, loans, overdrafts, credit cards and various savings schemes like SIP (Systematic Investment Plan). The bank is also active in providing ancillary services such as insurance.
Bank of Maharashtra was founded by V.G. Kale and D.K. Sathe. It was promoted by erstwhile parent organisation Maharashtra Chamber of Commerce. The bank was formally registered on September 16, 1935.
It presently has 2263 branches across the country and it has emerged as one of the top performing public sector banks in India.
The products and services of the bank encompass home loans, vehicle loans, and loans against all other assets. Deposit schemes include fixed term deposits, savings and current account deposits, which cater to the needs of both retail and corporate segments. The bank also offers digital banking services. The bank’s customer base currently stands at over 3 crore.
As per the shareholding pattern of the bank as of the quarter ending September 30, 2023, 86.5% stake is held by the government and the general public holds 7% while the financial and other institutions hold the remaining 7% of the bank’s total shares.
The market capitalisation of Bank of Maharashtra stood at nearly ₹32,000 crore as of December 29, 2023. Bank of Maharashtra share price has surged over 243% in the last three years.
Bank of Maharashtra business operations
The bank enjoys a healthy strength of customers in the state of Maharashtra. It has about 50% of its branches located within the parent state while remaining branches are spread across the country indicating a strong national presence. The bank has retained a top spot among leading public sector banks in loan and deposit growth during. It has also been able to maintain a healthy CASA (current and savings bank account) ratio i.e. segment which is low cost and contributes to the net profit of the bank.
Financial highlights
- The total business for FY23 of the bank stood at ₹4,09,202 crore, up 21.23% year-on-year compared to ₹3,37,534 crore in FY22.
- The bank reported a net profit of ₹2,602 crore in FY23 as against ₹1,152 crore in FY22.
- The total deposits grew to ₹2,34,083 crore in FY23 from ₹2,02,294 crore in the preceding fiscal.
- The bank’s Net Interest Income (NIM) stood at ₹7,741 crore in FY23 as against ₹6,044 crore in FY22.
- The net interest margin (NIM) of the bank stood at 3.56% in FY23 against 3.15% in FY22.
- The net NPA (non-performing assets) ratio of the bank improved to 0.25% in FY23 compared to 0.97% in FY22.
- The lender’s earnings per share (EPS) stood at ₹3.87 in FY23 compared to ₹1.73 in FY22.
Bank of Maharashtra Share Price Chart
Bank of Maharashtra Key Indicators
P/E ratio 7.49 | P/B ratio 1.6 | ROE 24.63% |
ROCE 16.83% | Dividend yield 2.68% | Debt/Equity ratio 0.9 |
EPS 7.18 |
Investment Checklist: (3/6)
Equity returns
Dividend returns
Safety factor
Growth factor
Debt vs Equity
Profit factor
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Analyst Ratings:
100%
Hold
0%
Sell
0%
This analysis is based on the reviews of 1 experts in the last 7 days
Bank of Maharashtra Financial Ratios
Net Interest Margin (NIM)3.24% | ROA1.63% |
Credit Deposit76.86% | ROE24.63% |
Net profit margin22.13% | EPS7.18 |
Gross NPA1.74% | Net NPA0.18% |
CASA53.28% | |
Capital Adequacy Ratio (CAR)20.53 |
P/E ratio7.49 |
P/B ratio1.6 |
Dividend yield2.68% |
Revenue Statement
Year | Revenue | Operating Profit | Net Profit |
---|---|---|---|
Mar-25 | ₹24,947.58 | ₹5,723.56 | ₹5,520.87 |
Mar-24 | ₹20,494.85 | ₹4,360.28 | ₹4,055.84 |
Mar-23 | ₹15,898.60 | ₹3,445.64 | ₹2,602.79 |
Mar-22 | ₹13,019.31 | ₹1,955.69 | ₹1,151.64 |
Cash Flow
Year | Operating | Investing | Financing |
---|---|---|---|
Mar-24 | ₹-259.54 | ||
Mar-23 | ₹-1,439.92 | ₹-175.08 | |
Mar-22 | ₹-300.18 | ||
Mar-21 | ₹-168.77 |
Balance Sheet
Period | Total Asset | Total Liability |
---|---|---|
Mar-25 | ₹3,69,353.81 | ₹3,40,645.84 |
Mar-24 | ₹3,07,329.03 | ₹2,87,458.41 |
Mar-23 | ₹2,67,827.16 | ₹2,52,036.94 |
Mar-22 | ₹2,30,783.45 | ₹2,16,721.59 |
Bank of Maharashtra Share Price History
Day | Open | Close | Change % |
---|---|---|---|
02-Jul-25 | ₹58.60 | ₹57.08 | -2.14% |
01-Jul-25 | ₹57.24 | ₹58.33 | |
30-Jun-25 | ₹54.60 | ₹57.11 | |
27-Jun-25 | ₹54.10 | ₹54.30 | |
26-Jun-25 | ₹54.59 | ₹53.84 | -0.85% |
25-Jun-25 | ₹54.75 | ₹54.30 | -0.40% |
24-Jun-25 | ₹54.18 | ₹54.52 | |
23-Jun-25 | ₹53.22 | ₹53.44 | -0.80% |
Corporate Actions
Dividend • ₹1.5/share
Ex date 09 May 2025
Dividend • ₹1.4/share
Ex date 10 May 2024
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