Bank of Maharashtra (MAHABANK) Financial Results — Revenue ₹6.50 L Cr

Investor Takeaways

Net profit rose 26.84% YoY to ₹2,020 crore in Q1FY27

Operating profit increased 21.29% YoY to ₹3,117 crore

Gross advances grew 26.90% YoY to ₹3,05,964 crore

Gross NPA declined to 1.45%

Provision coverage improved to 98.55%

Overall Tone: Positive

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹650,457 Cr	N/A
Net Profit	₹2,020 Cr	+26.84%
Operating Profit	₹3,117 Cr	+21.29%
EPS	Not available
OPM	Not available

What Changed

Bank of Maharashtra delivered robust financial performance in Q1FY27, with net profit expanding 26.84% YoY to ₹2,020 crore and operating profit rising 21.29% to ₹3,117 crore. Total global business surged 19.10% YoY to ₹6,50,457 crore, while gross advances grew 26.90% to ₹3,05,964 crore, indicating strong credit expansion. Asset quality improved significantly, with gross NPA ratio declining to 1.45% from previous levels, and provision coverage strengthening to 98.55%, suggesting enhanced resilience against credit risks. These metrics reflect a company gaining momentum in loan growth while maintaining disciplined risk management.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)	D/E
Bank of Maharashtra	8.55	Not available	Not available	60,009.51	Not available
HDFC Bank Limited	15.5	14.3%	24.4%	1,181,607.38	1.23
ICICI Bank Limited	15.47	Not available	Not available	892,242	Not available
State Bank of India	10.44	Not available	Not available	889,093.09	Not available

Bank of Maharashtra trades at a significant discount to peers like HDFC Bank and SBI in terms of P/E ratio, while its ROE and ROCE metrics are not directly comparable due to data unavailability. However, its improving asset quality and capital ratios position it favorably within the sector.

Risks & Concerns

No specific risks identified in this filing

Quarterly Trend

Not available

CRITICAL: Quarterly trend data was not provided in the context, so this section is omitted per instructions. Only the provided data has been used.

📄 View Original Announcement (PDF)

📊 Stock Analysis — MAHABANK ✨ Ask AI About This

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.

📡 Get AI alerts when MAHABANK files new disclosures

Track MAHABANK filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track MAHABANK — Free

Free account · 2 AI queries/day

Bank of Maharashtra (MAHABANK) — Financial Results