Bank of Maharashtra Ltd’s fundamental analysis reveals key financial metrics: Market Cap of ₹44,024.9 crore, PE Ratio of 10.81, and Return on Equity of 22.84%. These indicators offer insights into the company’s financial health and market valuation. Debt-to-equity data is not available.
Content:
- Bank of Maharashtra Overview
- Bank of Maharashtra Financial Results
- Bank of Maharashtra Financial Analysis
- Bank of Maharashtra Company Metrics
- Bank of Maharashtra Stock Performance
- Bank of Maharashtra Peer Comparison
- Bank of Maharashtra Shareholding Pattern
- Bank of Maharashtra History
- How To Invest In Bank of Maharashtra Share?
- Bank of Maharashtra Fundamental Analysis – FAQs
Bank of Maharashtra Overview
Bank of Maharashtra Ltd is an Indian public sector banking and financial services company. It operates in the banking sector, offering a wide range of services including retail banking, corporate banking, and treasury operations.
The company is listed on both the NSE and BSE. With a market capitalization of ₹44,024.9 crore, it’s currently 18.22% away from its 52-week high and 84.48% away from its 52-week low.
Bank of Maharashtra Financial Results
Bank of Maharashtra showed consistent growth in FY24 compared to FY23. Total income increased from ₹18,180 crore to ₹23,493 crore, while net profit nearly doubled from ₹2,605 crore to ₹4,072 crore. The bank’s robust financial position reflects its strong performance across various metrics.
1. Revenue Trend: Revenue grew significantly in FY24, reaching ₹23,493 crore compared to ₹18,180 crore in FY23, demonstrating solid growth in the bank’s income stream.
2. Equity and Liabilities: Equity capital rose from ₹6,730 crore in FY23 to ₹7,081 crore in FY24, with total liabilities increasing from ₹2,67,827 crore to ₹3,07,329 crore.
3. Profitability: Profitability improved in FY24, with the operating profit margin (PPOP Margin) increasing slightly to 34.08% from 33.56% in FY23, reflecting better operational efficiency.
4. Earnings per Share (EPS): EPS improved significantly, rising to ₹5.80 in FY24 from ₹3.87 in FY23, indicating increased profitability for shareholders.
5. Financial Position: The bank’s financial position strengthened in FY24, with total assets growing from ₹2,67,827 crore in FY23 to ₹3,07,329 crore, showcasing its expanding balance sheet.
Bank of Maharashtra Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Total Income | 23,493 | 18,180 | 15,672 |
| Total Expenses | 15,487 | 12,079 | 10,824 |
| Pre-Provisioning Operating Profit | 8,006 | 6,100 | 4,848 |
| PPOP Margin (%) | 34 | 34 | 31 |
| Provisions and Contingencies | 3,951 | 3,497 | 3,697 |
| Profit Before Tax | 4,056 | 2,603 | 1,152 |
| Tax % | — | — | — |
| Net Profit | 4,072 | 2,605 | 1,153 |
| EPS | 6 | 4 | 2 |
| Net Interest Income | 9,823 | 7,742 | 6,045 |
| NIM (%) | 4 | 4 | 3 |
| Dividend Payout % | 24.14 | 33.59 | 28.9 |
* Consolidated Figures in Rs. Crores
Bank of Maharashtra Company Metrics
Bank of Maharashtra’s company metrics include a market capitalization of ₹44,024.9 crore, a book value of ₹28.1 per share, and a face value of ₹10. With a return on equity of 22.84% and a 2.25% dividend yield, these figures underscore the bank’s financial position and investment profile.
Market Capitalization:
Market Capitalization represents the total market value of Bank of Maharashtra’s outstanding shares, amounting to ₹44,024.9 crore.
Book Value:
The book value per share of Bank of Maharashtra is ₹28.1 indicating the value of the company’s net assets divided by its outstanding shares.
Face Value:
The face value of Bank of Maharashtra’s shares is ₹10, which is the original cost of the shares as stated on the certificate.
Asset Turnover Ratio:
The asset turnover ratio of 0.08 measures how efficiently the Bank of Maharashtra uses its assets to generate revenue.
Return on Equity (ROE):
The ROE of 22.84% measures the Bank of Maharashtra’s profitability in generating income from its equity investments.
EBITDA (Q):
The quarterly EBITDA of ₹1,344.1 crore represents Bank of Maharashtra’s earnings before interest, taxes, depreciation, and amortization.
Dividend Yield:
The dividend yield of 2.25% shows the annual dividend payment as a percentage of Bank of Maharashtra’s current share price, indicating the return on investment from dividends alone.
Bank of Maharashtra Stock Performance
Bank of Maharashtra Ltd has achieved a 1-year return on investment of 54.8%, a 3-year return of 43.3%, and a 5-year return of 38.2%. These returns demonstrate strong performance over various investment periods, indicating significant growth potential for investors.
| Period | Return on Investment (%) |
| 1 Year | 54.8 |
| 3 Years | 43.3 |
| 5 Years | 38.2 |
Example: If an investor had invested ₹1,000 in the stock:
1 year ago, their investment would be worth ₹1,548.
3 years ago, their investment would have grown to approximately ₹1,433.
5 years ago, their investment would have increased to approximately ₹1,382.
Bank of Maharashtra Peer Comparison
Bank of Maharashtra Ltd has a CMP of ₹61 and a market cap of ₹43,097 crore, with a P/E of 10.81 and ROE of 23%. It delivered a 1-year return of 55%. Compared to peers like SBI and PNB, it shows strong growth and competitive performance.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| St Bk of India | 807 | 7,20,439 | 10 | 17 | 76 | 42 | 6 | 1.69 |
| Punjab Natl.Bank | 114 | 1,25,250 | 11 | 9 | 11 | 83 | 5 | 1.30 |
| Bank of Baroda | 242 | 1,24,914 | 7 | 17 | 37 | 28 | 6.33 | 3.14 |
| I O B | 60 | 1,13,225 | 41 | 10 | 1 | 98.88 | 5.41 | – |
| Canara Bank | 106 | 96,466 | 6 | 18 | 17 | 62 | 7 | 3.05 |
| Union Bank (I) | 119 | 90,496 | 6 | 16 | 19 | 29 | 6.55 | 3.05 |
| Indian Bank | 540 | 72,682 | 8 | 15 | 69 | 41 | 5.92 | 2.24 |
| Bank of Maha | 61 | 43,097 | 11 | 23 | 6 | 55 | 5 | 2.33 |
Bank of Maharashtra Shareholding Pattern
Bank of Maharashtra Ltd’s shareholding pattern as of June 2024 shows promoters holding 86.46%, FIIs at 1.2%, DIIs at 4.58%, and retail and others at 7.75%. This represents a stable ownership structure with minimal changes compared to previous quarters.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 86.46 | 86.46 | 86 |
| FII | 1.2 | 1.04 | 0.45 |
| DII | 4.58 | 4.68 | 4.71 |
| Retail & others | 7.75 | 7.8 | 8.37 |
Bank of Maharashtra History
The Bank of Maharashtra Limited operates across four main segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment manages investments, balances with foreign banks, and related income, playing a crucial role in the bank’s financial operations.
The Corporate/Wholesale Banking segment caters to trusts, partnerships, companies, and statutory bodies, providing a range of financial services tailored to larger entities. The Retail Banking segment focuses on individual customers and small businesses, with exposures not exceeding 0.2% of the overall retail portfolio and a maximum limit of ₹5 crores per counterparty.
Bank of Maharashtra offers diverse products and services, including e-payment facilities for taxes, credit cards, doorstep banking, and a new pension scheme. This comprehensive range of offerings demonstrates the bank’s commitment to serving various customer needs across different banking segments.
How To Invest In Bank of Maharashtra Share?
To invest in Bank of Maharashtra shares, open a demat account with Alice Blue. Research the bank’s fundamentals, financial performance, and market position in the banking sector. Analyze historical stock data and compare it with other public sector banks.
Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as the bank’s asset quality, deposit growth, and government policies affecting public sector banks. Decide on the investment amount and timing.
Place your order through the broker’s platform. Regularly monitor your investment, staying updated on bank news, quarterly results, and banking sector trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.
Bank of Maharashtra Fundamental Analysis – FAQs
Bank of Maharashtra’s fundamental analysis reveals a Market Cap of ₹44,024.9 crore, a PE Ratio of 10.81, and a Return on Equity of 22.84%. These metrics provide insights into the bank’s financial health, profitability, and market valuation. Debt-to-equity data is not available.
Bank of Maharashtra’s market capitalization is ₹44,024.9 crore. This figure represents the total value of the bank’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.
Bank of Maharashtra Limited is a public sector bank in India, that provides a wide range of banking services. It operates in segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations, serving individual customers, businesses, and institutions across the country.
Bank of Maharashtra is a public sector bank, with the Government of India as the majority shareholder. As a listed entity, a portion of its ownership is distributed among various public and institutional investors. The government’s stake ensures significant control over the bank’s operations.
The main shareholders of the Bank of Maharashtra include the Government of India as the majority stakeholder, along with institutional investors and public shareholders. For the most current and accurate information on major shareholders, refer to the bank’s latest shareholding pattern disclosure.
Bank of Maharashtra operates in the banking and financial services industry. As a public sector bank, it provides a comprehensive range of banking services including retail banking, corporate banking, and treasury operations, serving both individual customers and businesses across India.
To invest in Bank of Maharashtra shares, open a demat account with Alice Blue. Research the bank’s performance and sector trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.
Determining if the Bank of Maharashtra is overvalued or undervalued requires analyzing its financials, asset quality, growth prospects, and comparison with other public sector banks. Consider factors like PE ratio, book value, and government policies. Consult recent analyst reports for expert opinions on the bank’s valuation.
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