Bank of Maharashtra (MAHABANK) — shareholding pattern, promoter holding, financials and share price
About Bank of Maharashtra (MAHABANK)
Bank of Maharashtra operates in the Public Sector Bank industry, within the Financial Services sector. It trades on the NSE as MAHABANK and on the BSE under scrip code 532525. Its ISIN is INE457A01014.
Bank of Maharashtra is engaged in providing banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other banking operations. [1]
Bank of Maharashtra is a public sector bank offering retail and wholesale banking, priority‑sector lending, international banking via GIFT City IBU, digital channels and financial inclusion products, operating from a materially expanding branch network of 2,785 branches as of March 2026, with government majority ownership and diversified services across retail, MSME, agriculture and corporate segments.
FY26 performance was strong: consolidated net profit of ₹7,019 crore (+27% YoY), operating profit ₹10,826 crore (+16% YoY) and NII ₹13,664 crore (+17% YoY), while the bank sustained a healthy NIM (~3.90% year) and improved ROA to 1.86% for FY26, demonstrating profitable, quality growth at Bank of Maharashtra.
Listed peers in Public Sector Bank: Canara Bank, Indian Overseas Bank, Bank of India, UCO Bank, Central Bank of India, Punjab & Sind Bank.
Valuation & Returns
10 Jul 2026At ₹84.35 a share on 10 Jul 2026, Bank of Maharashtra (MAHABANK) was valued at a price-to-earnings ratio of 8.61x against an industry P/E of 13.51x and a price-to-book of 2.26x on a book value of ₹37.32 per share as of Mar 2025. Solomo computes return on equity of 26.25% and return on capital employed of 5.78% from filed results. Earnings ratios use consolidated results for the twelve months Sep 2025 to Jun 2026.
- P/E
- 8.61x
- Industry P/E
- 13.51x
- P/B
- 2.26x
- EPS (TTM)
- ₹9.8
- Book value / share
- ₹37.32
- ROE
- 26.25%
- ROCE
- 5.78%
- ROA
- 2.04%
- Debt / equity
- 11.53x
- Dividend yield
- 1.42%
- EBITDA margin
- 81.13%
- 52-week range
- ₹51.71 – ₹94.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Bank of Maharashtra (MAHABANK) reported revenue of ₹29,282 crore, net profit of ₹7,017 crore and earnings per share of ₹9.12. That compares with revenue of ₹24,948 crore and net profit of ₹5,542 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹8,035 crore and net profit ₹2,023 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 13,019 | 15,899 | 20,495 | 24,948 | 29,282 |
| Net profit (₹ cr) | 1,153 | 2,605 | 4,072 | 5,542 | 7,017 |
| EPS (₹) | 1.71 | 3.87 | 5.75 | 7.21 | 9.12 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 10.36% | 19.80% | 22.58% | 21.73% |
| Profit growth | - | 66.40% | 39.21% | 26.62% |
| Stock price CAGR | 9% | 27% | 35% | 39% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 73.6% of Bank of Maharashtra (MAHABANK) (unchanged from the previous quarter), foreign institutional investors (FII) hold 5.81% and domestic institutional investors (DII) hold 14.27%. Market capitalisation was ₹64,878 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2004.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA 6.85%, KOTAK AGGRESSIVE HYBRID FUND 3.13%, ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C - ADITYA BIRLA SUN LIFE LARGE 1.38%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 73.6% | - | 5.81% | 14.27% | 26.4% |
| Mar 2026 | 73.6% | - | 5.55% | 13.92% | 26.4% |
| Dec 2025 | 73.6% | - | 4.93% | 13.5% | 26.4% |
| Sep 2025 | 79.6% | - | 2.34% | 10.05% | 20.4% |
| Jun 2025 | 79.6% | - | 1.89% | 10.4% | 20.4% |
| Mar 2025 | 79.6% | - | 1.73% | 10.67% | 20.4% |
| Dec 2024 | 79.6% | - | 1.53% | 10.87% | 20.4% |
| Sep 2024 | 79.6% | - | 1.95% | 11.03% | 20.4% |