Bank of Maharashtra (MAHABANK) — Financial Results

· NSE 🔴 High Importance Neutral

Investor Takeaways

  • Board proposes dividend of ₹1.20 per share (120% premium) for FY25 approval at AGM
  • ₹7,500 crore equity capital raise planned to meet Basel III requirements
  • Shareholders must vote remotely between 25-29 June 2026 via CDSL/NSDL and dematerialize physical shares
  • Overall Tone: Neutral based on the numbers only.

    Key Financial Highlights

    MetricValueYoY Change
    RevenueNot availableN/A
    Net ProfitNot availableN/A
    EBITDANot availableN/A
    EPSNot available
    OPMNot available

    What Changed

    The filing details a 23rd Annual General Meeting scheduled for 30 June 2026, where shareholders will vote on two key proposals: approval of a proposed dividend of ₹1.20 per share representing a 120% premium over previous payouts, and authorization to raise up to ₹7,500 crore in equity capital to satisfy Basel III regulatory capital requirements. The meeting will be conducted via video conference with a record date of 5 June 2026 for dividend entitlement, requiring shareholders to cast votes remotely between 25-29 June 2026 through CDSL or NSDL platforms. Physical shares must be dematerialized to participate, creating operational requirements for retail investors. Additionally, the Board proposes appointing Sushanta Kumar Mohanty as Executive Director effective 15 April 2026. The filing does not include any financial performance metrics for the current or prior periods, with all revenue, profit, and margin figures marked as "N/A" in the quarterly trend section.

    Peer Comparison

    CompanyP/EROEROCEMarket Cap (₹ Cr)
    Bank of Maharashtra8.55Not availableNot available60,009.51
    HDFC Bank Limited15.514.3%24.4%1,18,1607.38
    ICICI Bank Limited15.47Not availableNot available8,92,242
    State Bank of India10.44Not availableNot available8,89,093.09

    Bank of Maharashtra trades at a significant discount to peers on P/E ratio (8.55 vs 15.5 for HDFC Bank), though direct comparison of profitability metrics is limited by unavailable ROE and ROCE data for all peers.

    Risks & Concerns

  • No specific risks identified in this filing
  • Shareholder participation requires technical compliance with dematerialization and remote voting protocols
  • Quarterly Trend

    [This section is omitted because quarterly financial data was not provided in the context. Revenue, profit, and margin figures are marked as "N/A" for all quarters, preventing any trend analysis.]

    📄 View Original Announcement (PDF)

    About Bank of Maharashtra (MAHABANK)

    Financial Services · Banks · Listed on NSE

    Market Cap: ₹60,009.51 Cr P/E: 8.6

    View full MAHABANK stock details →

    Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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