Bank of Maharashtra Share Price

Q: What is the share price of Bank of Maharashtra today?

Bank of Maharashtra share price as on 22 Jan 2025 is ₹49.82

Banks - Public Sector

NSE: MAHABANK Mid Cap ISIN: INE457A01014

As on 22 January 2025 at 09:59 IST

₹49.82

-1.53

(-2.98%)

Sell Buy

About Bank of Maharashtra

Bank of Maharashtra is a public sector bank in India. It offers a wide range of banking and financial services. The bank is catering to diverse customer needs. It operates in the banking and financial services sector, and has been serving customers for decades. Bank of Maharashtra was established in the year 1935, and has its headquarters in Pune, Maharashtra, India. It provides home loans, car loans, MSME loans, gold loans, etc. It also provides savings accounts, fixed deposits, and recurring deposits. It also offers mobile banking for its customers. Read More...

Over 1 Month

-5.14%

Over 6 Months

-22.86%

Over 1 Year

0.49%

Over 3 Years

152.33%

Bank of Maharashtra Summary

Close ₹ 49.82

Open ₹ 51.30

High ₹ 51.35

Low ₹ 49.37

Volume 47,44,611

Net Turnover (in ₹) ₹ 57,22,74,018.75

52Wk High ₹ 73.50

52Wk Low ₹ 46.11

52Wk High / Low

46.11

73.50

Bank of Maharashtra Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 39,496.13

EPS (TTM) 6.82

Book Value (BV) 33.92

Div. Yield 2.51 %

P/E (TTM) 7.53

Price/Book Value 1.51

Delivery % 37.24 %

Face Value 10

Key Ratios

PE Ratio 10.87

PB Ratio 2.42

EV to Sales 14.26

PEG Ratio 0.23

ROA 1.50

ROE 25.06

Debt-Equity -

Net Profit Margin -

Operating Profit Margin -

Bank of Maharashtra Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	23,493.44	18,179.53	15,672.17	14,497.56	13,145.76
Total Expenses	19,437.60	15,576.74	14,520.53	13,946.15	12,756.44
Profit Before Tax	4,071.78	2,605	1,153.43	571.46	398.84
Profit After Tax	4,071.78	2,605	1,153.43	571.46	398.84
Operating Profit after Depreciation	4,055.84	2,602.79	1,151.64	551.41	389.32

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,199.92	2,149.23	2,036.43	1,621.99	1,604.42
TOTAL ASSETS	3,07,329.02	2,67,827.17	2,30,783.46	1,96,835.11	1,69,017.53
Total Shareholder's Fund	19,870.62	15,790.23	14,061.87	12,308.29	10,909.18

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	11,580.85	-1,439.92	6,896.34	2,446.82	693.36
Net Cash used in Investing Activities	-259.54	-175.08	-300.18	-168.77	-99.73
Net Cash used in Financing Activities	461.45	227.93	378.08	216.70	698.43

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	23,492.55	18,178.73	15,671.70	14,496.21	13,144.67
Total Expenses	19,133.09	14,733.84	13,711.28	13,542.08	13,405.09
Profit Before Tax	4,359.47	3,444.89	1,960.42	954.13	-260.42
Profit After Tax	4,055.03	2,602.04	1,151.54	550.25	388.58
Operating Profit after Depreciation	4,359.47	3,444.89	1,960.42	954.13	-260.42

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,199.90	2,149.20	2,036.43	1,621.99	1,604.42
TOTAL ASSETS	3,07,137.86	2,67,651.39	2,30,611.37	1,96,665.01	1,68,867.18
Total Shareholder's Fund	19,673.90	15,610.26	13,884.87	12,133.18	10,755.28

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	11,596.79	-1,437.75	6,898.13	2,466.89	702.88
Net Cash used in Investing Activities	-275.48	-177.24	-301.97	-188.83	-109.24
Net Cash used in Financing Activities	461.44	227.93	378.08	216.70	698.43

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	-	-	-	-	-
Total Expenses	-	-	-	-	-
Profit Before Tax	1,462.70	1,380.26	1,344.10	1,267.62	1,069.66
Profit After Tax	-	-	-	-	-
Operating Profit after Depreciation	-	-	-	-	-

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	-	-	-	-	-
Total Expenses	-	-	-	-	-
Profit Before Tax	1,462.31	1,379.85	1,343.83	1,267.32	1,069.42
Profit After Tax	-	-	-	-	-
Operating Profit after Depreciation	-	-	-	-	-

Bank of Maharashtra Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 50.75

S2 50.14

S3 49.34

Pivot 51.55

R1 52.16

R2 52.96

R3 53.57

Moving Average

20 SMA 51.60

50 SMA 53.55

100 SMA 55.30

200 SMA 60.24

Bank of Maharashtra Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Bank of Maharashtra

₹1.4/Share

Announcement Date 10 May 2024

Record Date 10 May 2024

Div Yield 14%

AGM Date: 28 Jun 2022

AGM 28/06/2022 With reference to the captioned subject, this is to inform that the 19th Annual General Meeting (AGM) of the Bank will be held on Tuesday, 28th June, 2022 at 11.00 a.m. (IST) via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) in compliance with Circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). Notice of 19th Annual General Meeting of the Bank will be submitted in due course. Notice of 19th Annual General Meeting of Bank scheduled on 28th June, 2022 at 11.00 am through VC / OAVM. (As Per BSE Announcement Dated on 06.06.2022) Outcome of the 19th Annual General Meeting (AGM) of the Bank held on 28th June, 2022. Please find the enclosed details of the Voting results of 19th AGM of Bank as per Regulation 44 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Copy of Scrutinizer's Report. (As Per BSE Announcement Dated on 28.06.2022) Bank of Maharashtra has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As per BSE Announcement Dated on 29/06/2022)

AGM Date: 09 Jun 2023

AGM 09/06/2023 This is to inform that the 20th Annual General Meeting (AGM) of the Bank will be held on Friday, the 9th June, 2023 at 11.00 a.m. (IST) via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) in compliance with Circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). (As Per BSE Announcement dated on 28.04.2023) With reference to the captioned subject, please find enclosed the Annual Report of the Bank for the FY 2022-23 pursuant to Regulation 34 of SEBI (LODR) Regulation, 2015. Copy of Annual Report 2022-23 of the Bank is also available on Bank's website ie., https://www.bankofmaharashtra.in/annual_reports With reference to the captioned subject, please find enclosed the Notice of 20th Annual General Meeting (AGM) of the Bank scheduled on Friday, the 9th June, 2023 at 11.00 a.m. (IST) via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). (As Per BSE Announcement dated on 18.05.2023) Sub : Outcome of the 20th Annual General Meeting (AGM) of the Bank held on 9th June, 2023 This is to inform you that the 20th Annual General Meeting of the Bank was held on Friday, 9th June, 2023 at 11.00 am through Video Conference / Other Audio Visual Means. The following resolutions were passed by the Shareholders of the Bank with requisite majority: Dear Sir/ Madam, Sub: Details of Voting results as per Regulation 44(3) of the SEBI (LODR) Regulation 2015 and Scrutinizer's Report This is to inform you that the 20th Annual General Meeting of the Bank was held on Friday, 9th June, 2023 at 11.00 am through Video Conference / Other Audio Visual Means. (As per BSE Announcement Dated on 09/06/2023)

AGM Date: 12 Jun 2024

Notice of 21st AGM of Bank of Maharashtra scheduled on 12.06.2024 Election of Shareholder Director- One valid nomination (As Per BSE Announcement dated on 06.06.2024) Proceedings of 21st AGM of the Bank (As Per BSE Announcement Dated on: 12/06/2024)

Bank of Maharashtra Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Bank of Maharashtra	₹51.33	₹39,480.75
HDFC Bank Ltd	₹1,641.75	₹12,55,662.20
ICICI Bank Ltd	₹1,196.10	₹8,44,456.69
State Bank of India	₹759	₹6,77,378.66
Kotak Mahindra Bank Ltd	₹1,893.40	₹3,76,440.80
Axis Bank Ltd	₹969.75	₹3,00,168.51

Bank of Maharashtra News

Bank of Maharashtra gains after Q3 PAT climbs 36% YoY

Bank of Maharashtra rose 1.86% to Rs 51.95 after the bank reported standalone net profit of Rs 1,406.45 crore in Q3 FY25, registering a growth of 35.82% as against Rs 1,035.51 crore posted in Q3 FY24.

16 Jan 2025, 12:55 pm

Bank of Maharashtra cancels EGM

On 24 January 2025

16 Jan 2025, 09:49 am

Bank of Maharashtra down for fifth straight session

Bank of Maharashtra is quoting at Rs 49, down 0.26% on the day as on 13:19 IST on the NSE. The stock jumped 17.04% in last one year as compared to a 8.66% rally in NIFTY and a 7.88% spurt in the Nifty PSU Bank index.

10 Jan 2025, 01:35 pm

Bank of Maharashtra schedules board meeting

On 15 January 2025

10 Jan 2025, 09:37 am

Bank of Maharashtra edge higher after Q3 gross advances spurts 21% YoY

Bank of Maharashtra rallied 4.11% to Rs 54.94 after the public sector bank said that its gross advances jumped 21.19% to Rs 2,28,652 crore as of 31 December 2024 as against Rs 1,88,670 crore as of 31 December 2023.

03 Jan 2025, 10:25 am

Bank of Maharashtra Stock Analysis

Annual revenue for Bank of Maharashtra increased by 29.23% to ₹23,492.55 crore in FY 2024 from ₹18,178.73 crore in FY 2023.
Annual Net Profit for Bank of Maharashtra increased by 55.84% to ₹4,055.03 crore in FY 2024 from ₹2,602.04 crore in FY 2023.
Promoter Shareholding in Bank of Maharashtra remains unchanged by 0.00% in the most recent quarter, from 79.60% in October 2024 to 79.60% in December 2024.
Bank of Maharashtra delivered a 1-year return of 0.49% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Bank of Maharashtra share price moved down by 2.98% from its previous close of INR ₹51.35. The latest Bank of Maharashtra share price is INR ₹49.82.
Bank of Maharashtra share price today has been at a low of 49.37 and a high of 51.35. Over the past 52 weeks, the Bank of Maharashtra share price has seen a low of 46.11 and a high of 73.50.

About Bank of Maharashtra

Bank of Maharashtra is a public sector bank in India. It offers a wide range of banking and financial services. These include loans, deposits, and digital banking. It also includes cards, investments, and various government schemes. The bank is catering to diverse customer needs.

The bank operates in the banking and financial services sector. Established in 1935, it has been serving customers for many decades. Such years of experience demonstrate a long-standing presence in the industry. Bank of Maharashtra’s headquarters is located in Pune, Maharashtra, India. The location positioned it strategically in one of India’s major financial hubs. The primary promoter of the Bank of Maharashtra is the Government of India, at 86.46%. It ensures strong backing and stability for the bank.

Bank of Maharashtra offers a variety of products. It provides home loans, car loans, MSME loans, gold loans, etc. It also provides savings accounts, fixed deposits, and recurring deposits. The bank also offers digital banking: Internet banking and mobile banking. It also offers debit cards and credit cards. Bank of Maharashtra also deals in investments like mutual funds and insurance. There are also Government Schemes provided. Various schemes for agriculture, MSMEs, and other sectors are offered.

The registered office is at Lokmangal, 1501, Shivajinagar, Pune - 411005, Maharashtra, India. The bank is managed by a Board of Directors, with key positions held by senior officials appointed by the Government of India.
Here are the prime managing promoters of the bank:

Nidhu Saxena
Rohit Rishi
Asheesh Pandey
Rakesh Kumar
Shashank Shrivastava

While not the largest player in its sector, the Bank of Maharashtra has a significant presence, especially in Maharashtra. It boasts the largest network of branches among nationalized banks in the state. This extensive network underscores its commitment to serving the local population.

History of Bank

Bank of Maharashtra has been a cornerstone of the country’s banking and financial services sector since its establishment in 1935. It has a rich history spanning nearly many decades. The bank has contributed to the economic development and financial inclusion of millions of Indians.

Economic Contributions
The Bank of Maharashtra has played a pivotal role in India’s economic development, particularly in Maharashtra. It provides a wide range of financial products and services. The bank has facilitated the growth of small and medium enterprises (SMEs), agriculture, and other critical sectors. Its extensive network of branches has ensured that financial services are accessible to a broader folk.

The bank’s loan products include home, car, and MSME loans. They have empowered individuals and businesses to achieve their financial goals. It offers competitive interest rates and flexible repayment options. Bank of Maharashtra has made it easier for customers to secure the funding they need for various purposes. This, in turn, has stimulated economic activity and contributed to job creation and income generation.

Financial Inclusion and Literacy
One of the most significant impacts of the Bank of Maharashtra is its commitment to financial inclusion. The bank has been at the forefront of implementing government schemes. It is bringing the unbanked population into the formal banking system. Initiatives such as the Pradhan Mantri Jan Dhan Yojana (PMJDY) have helped millions of people. They can open bank accounts, access credit, and benefit from various financial services.

Digital Transformation
The Bank of Maharashtra has recently embraced digital transformation. This is to enhance customer experience and operational efficiency. The bank’s digital banking services include internet banking, mobile banking, and digital wallets. These have made banking more convenient and accessible for customers. These services allow customers to perform a wide range of transactions from the comfort of their homes. It is reducing the need for physical visits to bank branches.

The bank’s investment in technology has also improved its internal processes. It is enabling faster and more efficient service delivery. They are leveraging advanced analytics and artificial intelligence. Bank of Maharashtra can better understand customer needs and offer personalized solutions. This focus on digital innovation positions the bank as a forward-thinking institution. It is well-equipped to meet the evolving demands of the modern banking landscape.

Corporate Social Responsibility
Bank of Maharashtra is deeply committed to CSR. It actively participates in various initiatives aimed at improving the lives of the communities it serves. The bank’s CSR activities encompass a wide range of areas. This includes education, healthcare, environmental sustainability, and rural development.

Through its CSR programs, the Bank of Maharashtra supports educational institutions. It provides scholarships to deserving students. The bank contributes to the development of infrastructure in rural areas. The bank also undertakes initiatives to promote environmental sustainability. This includes tree plantation drives and awareness campaigns on energy conservation.

Bank of Maharashtra’s impact extends far beyond its financial services. As a key player in India’s banking sector, the bank has significantly contributed to economic development. It has invested in financial inclusion and digital transformation. Its duty to corporate social responsibility highlights its belief in the well-being of the public it serves. It has a strong foundation and a forward-looking approach. Bank of Maharashtra continues to play a vital role in shaping the future of banking in India.