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Open78.1
High81.49
Low78.02
Prev. Close81.03
Avg. Traded Price80.21
Volume1,82,51,458

MARKET DEPTH

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Total bid0.00
Total ask119761.00
OrdersQtyBid
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AskQtyOrders
81.0319119761
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HIGH/LOW

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LOW/HIGH

78.0220 hours ago
81.4914 hours ago
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LOWER/UPPER CIRCUITS

62.79
94.17
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Bank Of Maharashtra Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 15.57%, in the last year to ₹32,823.72 Cr. Its sector's average revenue growth for the last fiscal year was 7.61%.
noteAnnual Net Profit,rose 26.62% in the last year to ₹7,016.86 Cr. Its sector's average net profit growth for the last fiscal year was 8.83%.
notePrice to Earning Ratio,is 8.01, lower than its sector PE ratio of 23.34.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 35.3%
Net profit growth 5Y CAGR : %
Bank Of Maharashtra Ltd Top mutual funds holding
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About Bank of Maharashtra

 

Bank of Maharashtra is a public sector bank headquartered at “Lokmangal”, 1501, Shivajinagar, Pune–411005, with a nationwide footprint and a focus on inclusive, technology-led banking. In FY 2024–25, the Bank’s total income rose to ₹28,401.62 crore from ₹23,492.56 crore a year earlier. 

 

The Bank’s core portfolio spans Retail Banking, Corporate/Wholesale Banking, Treasury, and Other Banking Operations. Its customer offerings include home loans, car loans, education loans, MSME loans, gold loans, and a comprehensive digital banking suite; the Annual Report showcases these as part of the Bank’s product set while marking “Celebrating Years 90” of service . The Bank has also introduced MAHAPAY services (QR code, payment gateway, UPI, e-Rupee) and onboarded the Farmer Welfare & Agriculture Department in Bhopal for e-Rupee disbursements, reflecting a push toward digital payments at scale.

 

As a group, Bank of Maharashtra has one wholly owned subsidiary—The Maharashtra Executor & Trustee Co. Pvt. Ltd.—and sponsors Maharashtra Gramin Bank; it also maintains staff welfare trusts for pension, gratuity and provident fund . Recognitions during the year reflect its positioning among leading mid-sized public sector banks, including Business Today’s Best Mid-Sized Bank Award, multiple IBA Technology Awards, and the IBEX Award for Excellence in ESG & Sustainability initiatives.

 

Bank of Maharashtra’s Business Segments

  • Primary operating divisions: The Bank reports four primary segments—Treasury; Corporate/Wholesale Banking; Retail Banking (further bifurcated into Digital Banking and Other Retail Banking per RBI direction); and Other Banking Operations.
  • Segment revenue (FY 2024–25): Treasury ₹5,877.89 crore; Corporate/Wholesale Banking ₹9,803.30 crore; Retail Banking ₹12,472.18 crore; Other Banking Operations ₹248.25 crore; Total ₹28,401.62 crore.
  • Industries served: The Bank lends across agriculture, MSME, industry, services and personal loans; MSME advances reached ₹48,368.57 crore as of March 31, 2025, exceeding a ₹47,500 crore target and growing 14.84% year-on-year, highlighting the franchise’s role in supporting India’s growth engine . The Bank also leads Maharashtra’s State Level Bankers’ Committee (SLBC), coordinating a priority-sector plan of ₹7,25,190 crore for FY 2024–25 and driving state-wide financial inclusion efforts.
  • Fee and third-party distribution: The Bank earns non-interest income from government business, mutual fund distribution, cards, locker rent, processing fees, and other services; bancassurance income was ₹50.76 crore in FY 2024–25.

 

Bank of Maharashtra Key Management

  • Shri Nidhu Saxena, Managing Director & CEO: Appointed by the Central Government with effect from 27.03.2024; he provided CEO/CFO certification on financial reporting and internal controls for FY 2024–25 on 25 April 2025.
  • Shri Asheesh Pandey, Executive Director: Appointed w.e.f. 31.12.2021; serves on the Bank’s committees and oversees key business and operational areas.
  • Shri Rohit Rishi, Executive Director: Appointed w.e.f. 01.11.2023; supports execution across business lines and governance committees.

 

Latest Updates on Bank of Maharashtra

  • Capital strengthening: Raised ₹3,500 crore equity via QIP on 05.10.2024 (61,01,81,311 equity shares at ₹10 face value and ₹47.36 premium). Issued ₹1,000 crore of Basel III Tier-II bonds on 04.07.2024, and redeemed ₹600 crore Tier-II bonds on 06.03.2025. Also raised infrastructure bonds of ₹811 crore (05.08.2024) and ₹1,612 crore (18.02.2025).
  • Financial strength: Net worth rose to ₹25,880.52 crore (₹17,177.58 crore a year earlier); CRAR stood at 20.53% with CET1 at 15.83% as of 31.03.2025.
  • Dividend: Board recommended ₹1.50 per equity share (15%) for FY 2024–25, approved on 25.04.2025; record date was 09.05.2025.
  • Business performance: Total business reached ₹5,46,979 crore (+15.30% YoY), deposits ₹3,07,143 crore (+13.44%), gross advances ₹2,39,837 crore (+17.76%), operating profit ₹9,319 crore (+16.41%), and net profit ₹5,520 crore (+36.12%) as of 31.03.2025.
  • Digital and distribution: Deployed 500+ new ATMs and cash recyclers; onboarded 139+ fintechs and mobilized over ₹6,700 crore through the Digital Business Zone by 31.03.2025.
  • Recognitions and rankings: Won IBA Technology Awards across all seven categories; secured Business Today’s Best Mid-Sized Bank award; and received the IBEX Award for Excellence in ESG & Sustainability initiatives. EASE 7.0 ranking improved from 8th to 7th in Q3 FY 2024–25, with the Bank recognized as a top improver quarter-on-quarter.

 

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Frequently Asked Questions

As of 24 Jul 2026, the share price of Bank Of Maharashtra Ltd is ₹81.03 on the NSE and ₹81.14 on the BSE. The stock opened at ₹78.10, touched a high of ₹81.49 and a low of ₹78.02 during today's session.

The intraday high for Bank Of Maharashtra Ltd on the NSE today (24 Jul 2026) was ₹81.49. This compares to the 52-week high of ₹94.50 recorded on 29 Jun 2026. Today's high was -13.77% below the 52-week high.

The intraday low for Bank Of Maharashtra Ltd on the NSE today was ₹78.02. The stock's 52-week low stands at ₹51.71, recorded on 01 Sep 2025. Today's low is 50.88% above the 52-week low, indicating the stock is trading well above its yearly lows.

Bank Of Maharashtra Ltd has delivered a 244.97% absolute return over the past 5 years, equivalent to a CAGR of 28.10% per annum. The stock was priced at ₹23.49 in Jul 2021 and has risen to ₹81.03 as of 24 Jul 2026. An investment of ₹1,00,000 in Bank Of Maharashtra Ltd five years ago would be worth ₹3,44,970.00 today.

Yes,Bank Of Maharashtra Ltd has declared a consistent dividend every year over the past 5 years. The company paid a total dividend of 6.90 per share between FY2022 and FY2026, with the most recent dividend of ₹1.20 per share for Apr 26, with an ex-dividend date of 05 Jun 2026. At the current market price of ₹81.03, the trailing dividend yield of Bank Of Maharashtra Ltd stands at 2.20%.

Bank Of Maharashtra Ltd has delivered a return of 0.74% over the last 3 months. The stock was trading at ₹77.90 on 24 Apr 2026 and is currently at ₹81.03 as of 24 Jul 2026, reflecting a Gain of ₹3.13 per share over this period.

The all-time high (ATH) for Bank Of Maharashtra Ltd was ₹93.85, recorded on 29 Jun 2026. At the current price of ₹81.03, the stock is trading 13.66% below its all-time high. The all-time low recorded was ₹8.40 on 25 Mar 2020.

Bank Of Maharashtra Ltd has delivered 37.08% return over the last 52 weeks. During this period, the stock hit a 52-week high of ₹94.50 on 29 Jun 2026 and a 52-week low of ₹51.71 on 01 Sep 2025. It is currently trading at ₹81.03 as of 24 Jul 2026.

Over the last 6 months, Bank Of Maharashtra Ltd has given a return of 20.70%. The stock was priced at ₹65.63 on 23 Jan 2026 and has Rise to ₹81.03 as of 24 Jul 2026, a change of ₹15.40 per share.

For Q1 FY27, Bank Of Maharashtra Ltd reported: Revenue (Net Sales): ₹90576.30 Cr - Up 4.52% year-on-year from ₹86661.50 Cr in Q4 FY26. Net Income (PAT): ₹20201.90 Cr - Up 0.30% year-on-year from ₹20140.90 Cr in Q4 FY26.

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