1Y Annualised Return
▼-18.88%
3Y Annualised Return
▲49.36%
5Y Annualised Return
▲36.94%
Bank of Maharashtra SIP Return Calculator
Over the past
Total Investment of ₹65,00,000
Would have become ₹59,20,912 (-8.91%)
Daily SIP of ₹25,000 would have become ₹59,20,912 in 1 year with a gain of ₹-5,79,087 (-8.91%)
Open
53.00
Prev. Close
54.09
Total Traded Value
76.46 Cr
Market Cap (in crs)
41,842.06
Face Value
10
Turnover (in lacs)
7,645.84
Bank of Maharashtra Key Financials
*All values are in ₹ Cr.
*All values are in ₹ Cr.
*All values are in ₹ Cr.
*All values are in ₹ Cr.
Bank of Maharashtra Quarterly Revenue
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|
6730.82 Cr | 6324.68 Cr | 6017.41 Cr | 5874.68 Cr | 5466.73 Cr |
Bank of Maharashtra Yearly Revenue
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
28402.61 Cr | 23493.44 Cr | 18179.53 Cr | 15672.17 Cr | 14495.16 Cr | 13145.76 Cr |
Bank of Maharashtra Quarterly Net Profit/Loss
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|
1493.38 Cr | 1406.73 Cr | 1327.08 Cr | 1293.68 Cr | 1217.91 Cr |
Bank of Maharashtra Yearly Net Profit/Loss
Result Summary
-
Bank of Maharashtra reported a 8.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 22.0%.
-
Its expenses for the quarter were down by 11.0% QoQ and up 23.6% YoY.
-
The net profit decreased 12.9% QoQ and increased 46.3% YoY.
-
The earnings per share (EPS) of Bank of Maharashtra stood at 1.7 during Q4FY25.
Data Source: BSE, Company announcements
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.
Bank of Maharashtra Technical Analysis
Delivery & Volume
| Period | Combined Delivery Volume | NSE+BSE Traded Volume |
|---|---|---|
Day Rs | 6052914 Rs | 15303828 Rs |
Week Rs | 7977320 Rs | 18667137 Rs |
Month Rs | 8955654 Rs | 21372046 Rs |
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| Index Name | Market Price | Market Cap | 52W Low | 52W High | Prev. Close | 1W Return | 1M Return | 6M Return | 1Y Return | 3Y Return | Dividend Yield | PE Ratio | Industry PE | PB Ratio |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
- | 55,173.78 | 90.05 | 130.24 | 122.77 | -2.56% | 7.67% | 7.20% | -2.67% | 170.21% | 3.34% | 6.08 | 14.38 | 0.78 | |
- | 34,476.79 | 32.75 | 67.75 | 38.46 | -4.39% | 3.90% | -34.04% | -42.08% | 117.66% | 0.49% | 9.12 | 14.38 | 1.06 | |
- | 50,434.63 | 171.6 | 217 | 206.46 | -1.19% | 3.64% | -3.68% | 19.18% | 131.45% | 0.58% | 12.45 | 14.38 | 1.51 | |
- | 39,261.36 | 26.81 | 60.68 | 31.75 | -4.95% | 0.61% | -33.23% | -45.01% | 182.07% | 1.25% | 16.06 | 14.38 | 1.40 | |
- | 51,636.70 | 52.46 | 84.5 | 70.85 | -1.55% | 2.09% | 9.67% | -9.06% | 114.10% | 0.35% | 33.86 | 14.38 | 1.36 | |
- | 28,222.61 | 128.16 | 222.31 | 177.68 | 0.94% | 7.89% | 3.22% | -9.80% | -42.95% | 0.86% | 10.28 | 14.38 | 1.16 |
Bank of Maharashtra Latest News
Bank of Maharashtra Company background
Bank of Maharashtra
Bank of Maharashtra is a leading public sector bank based in Maharashtra. Envisioned to serve the banking needs of the public, the bank offers a wide range of financial services, including personal banking, retail loans, cash management, and corporate banking. The bank has successfully carved out a niche for itself by providing a host of banking solutions that include deposits, savings accounts, vehicle loans, personal loans, retail trade finance, foreign exchange, export finance, lending to the priority sector, etc. It has also diversified into areas such as foreign exchange, government business, treasury, MSME finance, industrial finance, hi-tech agriculture, etc.
Bank of Maharashtra is also famous for its subsidiary, The Maharashtra Executor Trustee Company Pvt Ltd, which administers public and private trusts and acts as an executor of wills. In addition, the bank sponsors three Regional Rural Banks: Aurangabad Jalna Gramin Bank, Thane Gramin Bank, and Marathwada Gramin Bank, with rural outreach in areas like Aurangabad, Thane, and Nanded.
History and Evolution
Incorporated on September 16, 1935, Bank of Maharashtra commenced operations on February 8, 1936. By April 10, 1946, it set up its wholly owned subsidiary, The Maharashtra Executor Trustee Company Pvt Ltd. The bank was nationalized in July 1969 alongside 13 other banks, leading to rapid growth in subsequent years. Getting autonomous status in 1998 assisted the bank in cutting down cumbersome services and lessening complexities for its customers.
In 2004, the bank took a major leap by issuing its initial public offering, which was oversubscribed by over 11 times, raising Rs 230 crore. This robust response indicated the faith investors had in Bank of Maharashtra. The bank grew its network by opening new branches and converting extension counters into full-fledged branches over the years.
Technological Advancements
Bank of Maharashtra has consistently embraced technology to enhance customer experience. In 2003, the bank expanded its ATM network and entered into collaborations with Visa for debit card issuance. In 2006, it commissioned its own data center in Pune and a disaster recovery site in Hyderabad. By 2010, the bank had achieved 100% Core Banking Solution (CBS) implementation across its branches.
In subsequent years, the bank launched mobile banking services, internet banking portals, and products like MahaUPI to cater to tech-savvy customers. The introduction of paperless ATM PIN facilities and the upgradation of its ATM network signaled its commitment to digital transformation. The bank also implemented a Virtual Private Network (VPN) architecture for seamless interconnectivity across branches.
Growth in Retail and Corporate Banking
The bank has always prioritized retail and corporate banking by introducing innovative schemes. Notable among these were the Mahadeep Scheme for solar water heating systems, the Mahalaxmi Term Deposit Scheme, and the Maha Suraksha Deposit Scheme. Additionally, the bank focused on retail credit hubs in Pune, Mumbai, and Delhi to facilitate housing loans.
Bank of Maharashtra has also made notable progress in corporate banking. It established currency futures desks, retail credit hubs, and asset recovery branches in major cities to enhance efficiency. It also supported infrastructure development by offering corporate loans, equipment financing, and project funding.
Strategic Initiatives
In 2013, the bank launched the Utkarsha business transformation program, engaging EY as consultants. The program focused on branch transformation, process reengineering, sales enablement for retail and SME loans, and enhancing human capital. The bank also introduced the Mahabank Gold Loan Scheme and other retail loan products to expand its credit offerings.
The Department of Strategic Initiatives was established to align the bank’s operating model with evolving market demands. As part of its transformation efforts, the bank emphasized capital efficiency, technological upgradation, and customer-centric approaches.
Bancassurance and Partnerships
Bank of Maharashtra entered into strategic partnerships with several insurance companies, including Life Insurance Corporation of India and non-life insurers like United Insurance Company Ltd and Future Generali. These tie-ups aimed to offer customers a range of insurance products. The bank also partnered with asset management companies to provide mutual fund distribution services.
In recent years, it extended credit guarantees to small farmers and collaborated with organizations to promote agricultural financing. Partnerships with companies for farm mechanization and irrigation activities further reinforced its commitment to rural development.
Milestones in Network Expansion
By March 2023, Bank of Maharashtra had established a robust network of 2,203 branches and 2,330 ATMs across India, including six union territories. This expansion reflected the bank's commitment to enhancing accessibility for its customers. The opening of fixed-point outlets served by Bank Mitras and the introduction of Customer Service Points (CSPs) further demonstrated its dedication to financial inclusion.
Financial Performance and Market Presence
Over the years, the bank's financial performance has seen consistent growth. For instance, during FY2020, the bank’s total business reached Rs 2,44,955 crore, with deposits amounting to Rs 1,50,066 crore and gross advances of Rs 94,889 crore. The infusion of capital by the Government of India significantly bolstered its equity base and facilitated operational growth.
The Bank of Maharashtra share price has been a point of interest for investors due to its consistent growth trajectory. The bank has raised funds through equity and Tier II capital, ensuring a stable financial foundation.
Recent Developments
In recent years, the bank has focused on reducing non-performing assets (NPAs) through schemes like MahaMukti and Ghar Ghar Dastak Yojana. These initiatives aimed to recover dues and improve asset quality. The bank has also expanded its digital services, introducing upgraded internet banking portals and mobile banking apps to cater to evolving customer needs.
Brief Overview
The Bank of Maharashtra stands as a testament to resilience and innovation in India's banking sector. With a legacy that spans decades, the bank has continually adapted to technological advancements, expanded its service portfolio, and prioritized customer-centric approaches. Its extensive branch and ATM network, strategic partnerships, and commitment to digital transformation position it as a key player in the industry. As the bank progresses, the Bank of Maharashtra share price reflects its steady growth and potential for further expansion, making it a reliable choice for investors and customers alike.
As of 13 Jun, 2025, MAHABANK share price is ₹54.4. The stock opened at ₹53 and had closed at ₹54.1 the previous day. During today’s trading session, MAHABANK share price moved between ₹52.67 and ₹54.65, with an average price for the day of ₹53.00. Over the last 52 weeks, the stock has recorded a low of ₹42.00 and a high of ₹70.80. In terms of performance, MAHABANK share price has declined by 2.1% over the past six months and has declined by 18.88% over the last year.
Bank of Maharashtra FAQs
What is Share Price of Bank of Maharashtra?
Bank of Maharashtra share price is ₹54.37 in NSE and ₹54.4 in BSE as on 13/6/2025.
How has Bank of Maharashtra shares performed in the past ?
Bank of Maharashtra share price in the past 1-year return was -18.41. The Bank of Maharashtra share hit a 1-year low of Rs. 42 and a 1-year high of Rs. 70.8.
What is the market cap of Bank of Maharashtra ?
The market cap of Bank of Maharashtra is Rs. 41842.06 Cr. as of 13/6/2025.
What is the current P/E ratio of Bank of Maharashtra ?
The PE ratios of Bank of Maharashtra is 7.57 as of 13/6/2025.
What is the current PB ratio of Bank of Maharashtra ?
The PB ratios of Bank of Maharashtra is 1.57 as of 13/6/2025
What is the Mutual Fund shareholding in Bank of Maharashtra?
The Mutual Fund Shareholding in Bank of Maharashtra was 0.9% at the end of 13/6/2025.
How to buy Bank of Maharashtra shares?
You can easily buy Bank of Maharashtra shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.
Please be aware that Bank of Maharashtra stock prices are subject to continuous fluctuations due to various factors.