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Earnings Call

Bank of Maharashtra Earnings Call: Key Takeaways

Bank of Maharashtra reported strong FY26 results with PAT growing 27.17% YoY to ₹7,019 Cr. Strategy focuses on RAM segment growth (63% of advances) and maintaining a high CASA ratio of 52.51%.

Why this was an Alfa AlertNot a filter event. Performance is strong but no explicit management guidance range was provided to verify a material beat.
Highlights
MarginsHealthy NIM at 3.90%; Cost of Funds improved to 4.15%.
Order bookGlobal Advances at ₹2,91,967 Cr, up 22.08% CAGR.
Demand visibilityStrong credit demand in RAM and Infrastructure sectors.
Management confidenceHigh; 90+ year legacy with consistent profitability and margin expansion.

Growth

Total Business grew 17.93% CAGR (FY21-26). Net Interest Income rose 17.13% YoY to ₹13,664 Cr.

Outlook

Focusing on digital transformation via DigiLEAP and expanding PAN India presence (57% branches outside Maharashtra).

Risks

Potential asset quality pressure in Agriculture (7.72% NPA) and exigencies affecting investor meet schedules.

Source

Earnings Call filed with BSE, NSE: MAHABANK. Summary written with AI assistance from the document.

Read the document ↗

Bank of Maharashtra: key numbers

Share price
₹84.88
Market cap
₹65,286 Cr
Revenue (annual)
₹29,282 Cr
Net profit (annual)
₹7,017 Cr
P/E (TTM)
8.7×Sector 22.0×
Promoter holding
73.60%+0.00% QoQ
FII holding
5.82%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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13:17 IST BSE
Debt & Borrowing

Bank of Maharashtra Debt & Borrowing: ₹500 Cr

Bank of Maharashtra has redeemed its Basel III Tier II bonds worth Rs. 500 Crore. The redemption was completed on maturity, reducing the outstanding amount to zero.

Value
₹500.0 Cr
13:17 IST BSE
Debt & Borrowing

Bank of Maharashtra Debt & Borrowing: ₹11.09 Cr

Bank of Maharashtra has paid Rs. 11.09 Crore in interest and principal for its Basel III Tier II bonds. The payment confirms fulfillment of debt obligations.

Value
₹11.09 Cr
13:16 IST BSE
Debt & Borrowing

Bank of Maharashtra Debt & Borrowing: ₹511.1 Cr

Bank of Maharashtra has paid Rs. 11.09 Crore in annual interest and redeemed Tier II Bonds worth Rs. 500 Crore. The full redemption of ISIN INE457A08035 was completed upon maturity.

Value
₹511.1 Cr
18:59 IST BSE
Credit Rating

Bank of Maharashtra Credit Rating

Fitch Ratings assigned a 'BBB-' rating to Bank of Maharashtra's USD 500 million senior unsecured Medium Term Note programme due September 2031.

Value
₹4,750 Cr
11:21 IST NSE
Adverse Business Impact

Bank of Maharashtra Adverse Business Impact

Bank of Maharashtra disclosed a proposed three-day strike (28–30 Sept 2026) by bank unions. Branch functioning may be affected if the strike materializes.

21:55 IST BSE
Credit Rating

Bank of Maharashtra Credit Rating

Bank of Maharashtra received a BBB credit rating from S&P Global Ratings for its USD 500 million Medium Term Note Programme.