Bank of Maharashtra

Bank of Maharashtra Q4 FY26 Results: Net Profit ₹2,045 Cr, Up 36.2% YoY

Bank of Maharashtra reported an audited standalone net profit of ₹7,019.32 Crore for the fiscal year ended March 31, 2026. The Board recommended a final dividend of ₹1.20 per share and approved raising up to ₹7,500 Crore in capital and ₹10,000 Crore in long-term infra bonds to support growth.

Key figure

Net profit ₹2,045 Cr · +36.2% YoY

Bank of Maharashtra Financial Results

Bank of Maharashtra reported an audited standalone net profit of ₹7,019.32 Crore for the fiscal year ended March 31, 2026. The Board recommended a final dividend of ₹1.20 per share and approved raising up to ₹7,500 Crore in capital and ₹10,000 Crore in long-term infra bonds to support growth.

Value

₹7,019 Cr

Bank of Maharashtra Management Change

Bank of Maharashtra appointed Shri Sushanta Kumar Mohanty as Executive Director for a three-year term starting April 15, 2026. An industry veteran with over 30 years of experience at Bank of Baroda, his expertise spans treasury, international banking, and forex management. This leadership addition strengthens the bank's executive management team.

Execution

3 years

Bank of Maharashtra Management Change

Bank of Maharashtra appointed Shri Sushanta Kumar Mohanty as Executive Director for a three-year term effective April 15, 2026. An industry veteran with over 30 years of experience, Mohanty previously served as Chief General Manager at Bank of Baroda. He has assumed charge on April 15, 2026.

Execution

3 years

Bank of Maharashtra Board Meeting Outcome

Bank of Maharashtra has scheduled a Board Meeting on April 20, 2026, to consider audited yearly financial results, a final dividend declaration, and a proposal for fund raising. The trading window for designated persons is closed from April 1 to April 22, 2026.

Bank of Maharashtra Board Meeting Outcome

Bank of Maharashtra has scheduled a Board Meeting on April 20, 2026, to approve audited financial results for FY 2025-26. The board will also consider recommending a final dividend and a proposal for capital raising via bonds. The trading window for designated persons remains closed until 48 hours after the results declaration.

Bank of Maharashtra Debt & Borrowing

Bank of Maharashtra submitted its annual disclosure for the centralized database of corporate bonds/debentures as of March 31, 2026. The filing includes listing details, credit ratings, and payment status for 14 active NCD series. The bank confirmed timely interest payments on all outstanding NCDs during FY 2025-26.

Bank of Maharashtra Business Update

Bank of Maharashtra reported provisional business figures for FY26, with total business growing 18% Y-o-Y to ₹6,42,700 Crore. Total deposits rose 14% to ₹3,50,585 Crore, while global advances surged 22% to ₹2,92,115 Crore. The bank maintained a stable CASA ratio of 53%, reflecting consistent operational momentum.

Value

₹6,42,700 Cr

Bank of Maharashtra Debt & Borrowing: ₹8,431 Cr

Bank of Maharashtra disclosed its outstanding bonds for the half-year ended March 31, 2026, totaling ₹8,430.70 Crore. The portfolio includes Basel III compliant AT-1 and Tier-II bonds with coupon rates between 7.70% and 9.20%. This routine regulatory filing provides transparency into the bank's debt structure and capital adequacy instruments.

Value

₹8,431 Cr

Execution

Perpetual to 10 years (maturities ranging from 2026 to 2035)

Bank of Maharashtra Other Announcement

Bank of Maharashtra submitted a SEBI SAST compliance declaration confirming its promoter, the President of India, held a 73.60% equity stake as of March 31, 2026. The promoter and persons acting in concert declared they made no direct or indirect share encumbrances during the 2025-26 financial year.

Bank of Maharashtra Other Announcement

Bank of Maharashtra submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (DP) Regulations for the period ended March 31, 2026. The Registrar and Transfer Agent, MCS Share Transfer Agent Limited, confirmed the processing and listing of dematerialised securities.