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  7. Bank of Maharashtra
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

Bank of Maharashtra Stock Price Today (NSE: MAHABANK)

Bank of Maharashtra

MAHABANKPublic Sector Bank
₹73.34+₹0.61 (+0.84%)↑
As on 20 Apr 2026, 08:32 am ISTMarket Open

Fundamental Score

...

Bank of Maharashtra Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Bank of Maharashtra share price today is ₹73.34, up +0.84% on NSE/BSE as of 20 April 2026. Bank of Maharashtra (MAHABANK) is a Large-cap company in the Public Sector Bank sector with a market capitalisation of ₹44.34K (Cr). The 52-week high for MAHABANK share price is ₹77.00 and the 52-week low is ₹47.51. At a P/E ratio of 7.28x, MAHABANK is currently trading below its industry average P/E of 8.20x. The company has a Return on Equity (ROE) of 22.81% and a debt-to-equity ratio of 10.66.

Bank of Maharashtra Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
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0
Change
+0.84%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹73.34— Analysis below may reference an earlier price snapshot.

Bank of Maharashtra Share Price: A Conservative Investor's Perspective

For a conservative value investor focused on capital preservation, assessing the risk-reward profile of a Public Sector Bank (PSB) like Bank of Maharashtra is crucial. A unique challenge in analyzing PSBs stems from the inherent influence of government policies and the need to balance social mandates with profitability. This analysis focuses on evaluating the Bank of Maharashtra share price and its underlying financials from a safety-first viewpoint.

Currently trading with a PE ratio of 7.28, the Bank of Maharashtra share price appears superficially attractive. However, a deeper dive into its fundamentals is necessary. The Return on Capital Employed (ROCE) of 5.72% is a key area of concern. ROCE indicates how efficiently a company generates profit from its capital. A ROCE of 5.72% might struggle to build a strong competitive moat; a higher ROCE would allow the bank to reinvest more aggressively and widen its lead. The lower ROCE is compared to industry average, raises red flags.

Comparing Bank of Maharashtra to its peers is also insightful. For instance, assessing management quality in comparison to Punjab & Sind Bank is paramount. While quantitative metrics provide a snapshot, understanding the managerial competency and their track record in navigating the PSB landscape is crucial for long-term safety. An experienced and effective management team is pivotal for navigating the challenges unique to public sector banking, like efficiently reducing NPAs and managing political influence.

Ultimately, a conservative investor must carefully weigh the potential upside of the Bank of Maharashtra share price against the inherent risks, particularly concerning its relatively low ROCE and the operational environment of Public Sector Banks. This analysis is a small part of a comprehensive 80-parameter fundamental audit verified by Sweta Mishra. Investors should conduct their own due diligence before making any investment decisions.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Bank of Maharashtra — Last 10 Trading Days

DateOpenHighLowCloseVolume
2 Apr 26₹63.00₹64.22₹61.20₹63.89191.74L (Cr)
1 Apr 26₹64.00₹65.50₹63.25₹64.88160.42L (Cr)
30 Mar 26₹62.50₹63.34₹61.03₹61.33161.52L (Cr)
27 Mar 26₹64.80₹64.95₹63.10₹64.46159.26L (Cr)
25 Mar 26₹64.05₹66.89₹64.02₹65.51184.15L (Cr)
24 Mar 26₹64.90₹64.90₹62.42₹63.88260.26L (Cr)
23 Mar 26₹64.18₹64.18₹61.51₹62.32213.02L (Cr)
20 Mar 26₹63.06₹66.33₹63.06₹65.49329.71L (Cr)
19 Mar 26₹62.00₹63.75₹61.93₹62.64180.37L (Cr)
18 Mar 26₹62.80₹64.35₹62.78₹64.13144.53L (Cr)

Bank of Maharashtra — Last 12 Months Price History

MonthOpenHighLowCloseChange
Apr 2026₹64.00₹65.50₹61.20₹63.89-0.17%
Mar 2026₹70.65₹74.58₹61.03₹61.33-13.19%
Feb 2026₹60.48₹77.00₹59.79₹74.76+23.61%
Jan 2026₹62.45₹67.74₹61.44₹65.27+4.52%
Dec 2025₹58.81₹62.65₹55.51₹62.05+5.51%
Nov 2025₹59.70₹61.56₹56.60₹58.56-1.91%
Oct 2025₹56.20₹61.39₹54.66₹59.03+5.04%
Sept 2025₹51.90₹58.68₹51.71₹55.98+7.86%
Aug 2025₹56.08₹56.28₹51.77₹51.95-7.36%
Jul 2025₹57.24₹58.79₹55.22₹56.08-2.03%
Jun 2025₹54.35₹58.00₹52.67₹57.11+5.08%
May 2025₹50.75₹54.42₹47.51₹53.98+6.36%

Returns & Performance

Excellent

ROE

22.81%
Poor

ROCE

5.72%
Excellent

OPM (5Y)

55.66%
Good

Div Yield

2.60%

Bank of Maharashtra Valuation Check

Good

P/E Ratio

7.28x
Poor

Industry P/E

8.20x
Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Market Cap

44.34K (Cr)

Shareholding Pattern

Excellent

Promoter

79.60%
Poor

FII

2.35%
Good

DII

10.06%
Excellent

Pledged

0.00%

Growth Engine

Excellent

Profit Growth (Q)

25.20%
Good

Sales Growth (Q)

18.46%
Excellent

Sales Growth (5Y)

16.76%
Excellent

EPS Growth (5Y)

60.49%
Excellent

Profit Growth (5Y)

69.68%

Balance Sheet Health

Poor

Debt to Equity

10.66x
Poor

Int. Coverage

1.45x

Free Cash Flow (5Y)

25.65K (Cr)

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Bank of Maharashtra Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MAHABANK across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (22.81%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Strong Operating Margins (55.66%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (25.20%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (18.46%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (16.76% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (60.49% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (69.68% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Cash Generation (₹25652.49 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Suboptimal ROCE (5.72%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Elevated Debt Levels (D/E: 10.66)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (1.45x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Peer Comparison - Public Sector Bank

Compare Bank of Maharashtra with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Overall score
Valuation
Price metrics
Profitability
Return metrics
Financial Health
Debt management
Growth
5Y performance
Dividend
Yield %
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
Bank of MaharashtraBank of Maharas...Selected✓
MAHABANK • 532525
64.9/100
₹73.34₹73
₹44341.82₹44341.82
7.28Average
7.3
Average
22.81%Excellent
22.81%
Excellent
5.72%Poor
5.72%
Poor
10.66Poor
10.7
Poor
69.68%Excellent
69.68%
Excellent
16.76%Excellent
16.76%
Excellent
2.60%
State Bank of IndiaState Bank of I...
SBIN • 500112
47.9/100
₹1107.35₹1107
₹897727.05₹897727.05
11.42Average
11.4
Average
17.20%Good
17.20%
Good
0.00%Poor
0.00%
Poor
11.08Poor
11.1
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Bank of BarodaBank of Baroda...
BANKBARODA • 532134
48.4/100
₹279.75₹280
₹152813.25₹152813.25
7.94Average
7.9
Average
15.53%Good
15.53%
Good
0.00%Poor
0.00%
Poor
10.53Poor
10.5
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Punjab National BankPunjab National...
PNB • 532461
54.8/100
₹114.32₹114
₹144006.58₹144006.58
8.45Average
8.4
Average
15.17%Good
15.17%
Good
0.00%Poor
0.00%
Poor
12.22Poor
12.2
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Canara BankCanara Bank...
CANBK • 532483
59.5/100
₹142.78₹143
₹136450.29₹136450.29
7.13Average
7.1
Average
17.75%Good
17.75%
Good
0.00%Poor
0.00%
Poor
14.05Poor
14.1
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Indian BankIndian Bank...
INDIANB • 532814
58.3/100
₹940.95₹941
₹119515.98₹119515.98
10.14Average
10.1
Average
17.09%Good
17.09%
Good
0.00%Poor
0.00%
Poor
10.65Poor
10.7
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Union Bank of IndiaUnion Bank of I...
UNIONBANK • 532477
53.8/100
₹188.07₹188
₹117756.34₹117756.34
6.37Average
6.4
Average
17.05%Good
17.05%
Good
0.00%Poor
0.00%
Poor
10.38Poor
10.4
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Indian Overseas BankIndian Overseas...
IOB • 532388
47.5/100
₹34.80₹35
₹74811.85₹74811.85
17.55Average
17.6
Average
11.02%Average
11.02%
Average
0.00%Poor
0.00%
Poor
11.07Poor
11.1
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Bank of IndiaBank of India...
BANKINDIA • 532149
49.4/100
₹148.47₹148
₹67074.50₹67074.50
6.69Average
6.7
Average
12.35%Average
12.35%
Average
0.00%Poor
0.00%
Poor
11.67Poor
11.7
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
UCO BankUCO Bank...
UCOBANK • 532505
43.4/100
₹26.65₹27
₹38609.30₹38609.30
15.33Average
15.3
Average
8.38%Poor
8.38%
Poor
0.00%Poor
0.00%
Poor
10.08Poor
10.1
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Central Bank of IndiaCentral Bank of...
CENTRALBK • 532885
49.9/100
₹35.95₹36
₹34775.46₹34775.46
7.69Average
7.7
Average
11.43%Average
11.43%
Average
0.00%Poor
0.00%
Poor
11.87Poor
11.9
Poor
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%

Bank of Maharashtra Financial Statements

Comprehensive financial data for Bank of Maharashtra including income statement, balance sheet and cash flow

About MAHABANK (Bank of Maharashtra)

Bank of Maharashtra is a venerable institution deeply interwoven with the fabric of India's financial history, a key player in the nation's public sector banking landscape. Rooted ...in a legacy spanning over eight decades, MAHABANK, as it is fondly known, stands as a pillar of trust and stability for millions across the country. Its extensive network of branches, strategically positioned throughout urban and rural areas, ensures accessibility and convenience for a diverse clientele. Beyond brick-and-mortar locations, Bank of Maharashtra embraces technological advancements, offering a robust suite of digital banking solutions that cater to the evolving needs of modern consumers, empowering them to manage their finances with ease and efficiency. The bank's commitment to financial inclusion is palpable, reaching out to underserved communities and fostering economic empowerment through tailored products and services. MAHABANK's operations are broad, encompassing a diverse range of financial activities that cater to individuals, businesses, and institutions alike. From accepting a wide array of deposits to providing crucial lending facilities, the bank serves as a cornerstone of financial activity. Its loan portfolio spans various sectors, supporting homeownership dreams with housing loans, facilitating transportation with vehicle and car loans, and enabling access to education with specialized schemes. Beyond traditional lending, Bank of Maharashtra actively promotes sustainable development through green financing options, empowering individuals and businesses to invest in environmentally conscious initiatives such as rooftop solar panels. The bank is also involved in facilitating international trade, providing services and support to businesses engaged in import and export activities. More than just a financial institution, Bank of Maharashtra embodies a deep sense of social responsibility. It actively participates in community development initiatives, striving to improve the lives of individuals and contribute to the overall progress of the nation. Through its various programs and partnerships, MAHABANK supports education, healthcare, and other vital sectors, reinforcing its commitment to creating a positive social impact. The bank's ethical and transparent practices, coupled with its strong corporate governance framework, solidify its reputation as a reliable and trustworthy partner for individuals and businesses alike. Ultimately, Bank of Maharashtra aims to be more than just a bank, aspiring to be a catalyst for growth, a champion of financial inclusion, and a partner in building a prosperous future for India.

Company Details

Symbol:MAHABANK
Industry:Public Sector Bank
Sector:Public Sector Bank
Website:https://bankofmaharashtra.bank.in

Key Leadership

Mr. Nidhu Saxena
CEO, MD & Director
Mr. Vijay Prakash Srivastava
Chief General Manager
Mr. Rohit Rishi
Executive Director

Corporate Events

Recent
Ex-Dividend Date
2025-05-09

Latest News

Indian state-owned banks to raise $5.25 billion in 2025-26 via QIP, source says - Yahoo Finance Singapore
Yahoo Finance Singapore• 7/9/2025
India plans minority stake sales in half a dozen state firms, official says - Yahoo Finance Singapore
Yahoo Finance Singapore• 9/22/2025
Bank Of Maharashtra Ready To Give 50% Profit | Diwali 2022 - Investing.com India
Investing.com India• 10/24/2022

MAHABANK Share Price: Frequently Asked Questions

What is the current share price of Bank of Maharashtra?

As of 20 Apr 2026, 08:32 am IST, Bank of Maharashtra share price is ₹73.34. The Bank of Maharashtra stock has a market capitalisation of ₹44.34K (Cr) on NSE/BSE.

Is Bank of Maharashtra share price Overvalued or Undervalued?

Bank of Maharashtra share price is currently trading at a P/E ratio of 7.28x, compared to the industry average of 8.20x. Based on this relative valuation, the Bank of Maharashtra stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of Bank of Maharashtra share price?

The 52-week high of Bank of Maharashtra share price is ₹77.00 and the 52-week low is ₹47.51. These values are updated daily from NSE/BSE price data.

What factors affect the Bank of Maharashtra share price?

Key factors influencing Bank of Maharashtra share price include quarterly earnings growth (Sales Growth: 18.46%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is Bank of Maharashtra a good stock for long-term investment?

Bank of Maharashtra shows a 5-year Profit Growth of 69.68% and an ROE of 22.81%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 10.66 before investing in Bank of Maharashtra shares.

How does Bank of Maharashtra compare with its industry peers?

Bank of Maharashtra competes with major peers in the Public Sector Bank. Investors should compare Bank of Maharashtra share price P/E of 7.28x and ROE of 22.81% against the industry averages to determine competitive standing.

What is the P/E ratio of Bank of Maharashtra and what does it mean?

Bank of Maharashtra share price has a P/E ratio of 7.28x compared to the industry average of 8.20x. Investors pay ₹7 for every ₹1 of annual earnings.

How is Bank of Maharashtra performing according to Bull Run's analysis?

Bank of Maharashtra has a Bull Run fundamental score of 64.9/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does Bank of Maharashtra belong to?

Bank of Maharashtra operates in the Public Sector Bank industry. This classification helps understand the competitive landscape and sector-specific trends affecting Bank of Maharashtra share price.

What is Return on Equity (ROE) and why is it important for MAHABANK?

MAHABANK has an ROE of 22.81%, which indicates excellent management efficiency. ROE measures how efficiently Bank of Maharashtra generates profits from shareholders capital.

How is MAHABANK debt-to-equity ratio and what does it indicate?

MAHABANK has a debt-to-equity ratio of 10.66, which indicates high leverage that increases financial risk.

What is MAHABANK dividend yield and is it a good dividend stock?

MAHABANK offers a dividend yield of 2.60%, meaning you receive ₹2.60 annual dividend for every ₹100 invested in Bank of Maharashtra shares.

How has MAHABANK share price grown over the past 5 years?

MAHABANK has achieved 5-year growth rates of: Sales Growth 16.76%, Profit Growth 69.68%, and EPS Growth 60.49%.

What is the promoter holding in MAHABANK and why does it matter?

Promoters hold 79.60% of MAHABANK shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Bank of Maharashtra.

What is MAHABANK market capitalisation category?

MAHABANK has a market capitalisation of ₹44342 crores, placing it in the Large-cap category.

How volatile is MAHABANK stock?

MAHABANK has a beta of N/A. A beta > 1 suggests the Bank of Maharashtra stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is MAHABANK operating profit margin trend?

MAHABANK has a 5-year average Operating Profit Margin (OPM) of 55.66%, indicating the company's operational efficiency.

How is MAHABANK quarterly performance?

Recent quarterly performance shows Bank of Maharashtra YoY Sales Growth of 18.46% and YoY Profit Growth of 25.20%.

What is the institutional holding pattern in MAHABANK?

MAHABANK has FII holding of 2.35% and DII holding of 10.06%. Significant institutional holding often suggests professional confidence in the Bank of Maharashtra stock.

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