Bank of Maharashtra (MAHABANK) — Financial Results

📢 Key Event
Bank of Maharashtra reported Q1 FY2026-27 results with strong growth and improved profitability

🔄 What Changed
Net profit up 27% YoY to INR2,020 crores; Operating profit up 21% YoY to INR3,117 crores; Gross NPA at 1.45% (below 2% guidance); NIM at 3.85% (10 bps above guidance); Credit cost reduced by 20 bps to 0.99%

🔮 What's Next
Target credit growth of 17-18% YoY; Raising INR5,000 crores in equity; Maintaining NIM guidance of 3.75%; Deposit growth expected to continue; Stress levels to remain controlled

💡 Investor Takeaway
Shareholders benefit from strong profit growth, healthy capital ratios, and disciplined credit and deposit management supporting sustainable returns

Bank of Maharashtra reported strong Q1 FY2026-27 results with total business up 19% YoY, advances up 27% YoY, and net profit up 27% YoY to INR2,020 crores, driven by robust deposit growth of 13% and improved asset quality with Gross NPA at 1.45% and NNPA at 0.13%. Operating profit rose 21% YoY to INR3,117 crores and NIM reached 3.85%, exceeding guidance, while CET1 stood at 15.56% and CRAR at 18.64%. Management highlighted sustainable growth, pricing discipline, and technology-driven CASA expansion to support future profitability, alongside a 20 bps reduction in credit cost to 0.99% and plans to raise INR5,000 crores in equity.

📄 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 →

📡 Get AI alerts when MAHABANK files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track MAHABANK — Free

💡 Ask AI about this filing

"What is the valuation of the INR5,000 crore equity raise?" "How does 27% advances growth compare to peer banks?" "What is the impact of ECL provisioning on future net worth?"

Ask AI Free →

📊 More MAHABANK filings

See all MAHABANK filings →

🔥 Also filed on 16 July 2026

VALUEIND Value Industries Limited Announcement ARFIN Arfin India Limited Insider Trading KTKBANK The Karnataka Bank Limited Corporate Action GREENPLY Greenply Industries Limited Corporate Action LTM LTM Limited Financial Results SIGIND Signet Industries Limited Announcement

View all today's announcements →

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

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when MAHABANK files new disclosures

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