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Bank of Maharashtra ( (IN:MAHABANK) ) just unveiled an announcement.
Bank of Maharashtra reported strong growth for the year ended 31 March 2026, with total business rising 17.47% to ₹642,531 crore on the back of a 14.14% increase in deposits and a 21.74% jump in gross advances. The bank’s credit-deposit ratio stood at 83.28%, underscoring robust credit off-take and deeper balance-sheet expansion.
Asset quality improved markedly, as gross NPAs fell to 1.45% and net NPAs declined to 0.13%, supported by a higher provision coverage ratio of 98.59%. Profitability metrics strengthened, with operating profit up 16.17% to ₹10,826 crore, net profit rising 27.17% to ₹7,019 crore and net interest income growing 17.13% to ₹13,664 crore.
The lender maintained a healthy domestic net interest margin of 3.91% and a cost-to-income ratio of 37.08%, signalling efficient operations despite growth. Return on assets improved to 1.86% and return on equity to 23.19%, while a capital adequacy ratio of 18.36%, including Tier I capital at 15.41%, underscores a strong capital position to support future expansion and resilience for stakeholders.
More about Bank of Maharashtra
Bank of Maharashtra is a public sector bank headquartered in Pune, operating across India with a focus on retail, corporate and SME banking services. Listed on both the BSE and NSE, it mobilises deposits and extends advances across diverse sectors, positioning itself as a growing mid-sized lender in the country’s competitive banking landscape.
Average Trading Volume: 1,645,227
Technical Sentiment Signal: Buy
Current Market Cap: 549.1B INR
For detailed information about MAHABANK stock, go to TipRanks’ Stock Analysis page.