Bank of Maharashtra Q4 FY25 Earnings Analysis
Published 20 Aug 2026 | Banks | Market Cap: ₹60.9K Cr
Price
₹79.8
Market Cap
₹60.9K Cr
P/E Ratio
8.1
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Earnings Summary
Bank of Maharashtra expects continued consistent growth across business parameters. Bank of Maharashtra has demonstrated consistent growth over the past 3-4 years with quarter-on-quarter improvement.
📊 Revenue & Sales Performance
- →Bank of Maharashtra expects continued consistent growth across business parameters.
- →Advances growth guidance is around 17% for the next year.
- →Deposits growth guidance is approximately 14%, with a focus on maintaining CASA above 50%.
- →Total business grew 15.30% YoY to INR5,47,000 crore; deposits up 13.44%, advances up 17.76%.
- →Opening of 1,000 new branches over 5 years planned, with 200-220 branches expected in the next 12 months.
- →Expansion includes opening an IBU at GIFT City for global presence and new business opportunities.
- →Focus on sustainable core business growth through branches rather than aggressive DSA tie-ups.
- →Improved turnaround time and customer service aimed at onboarding high-quality corporate clients.
- →Overall strategy targets profitability with strict asset quality and underwriting standards.
📈 Profitability & Margins
- →Bank of Maharashtra has demonstrated consistent growth over the past 3-4 years with quarter-on-quarter improvement.
- →Advances growth guidance is around 17%; deposits expected to grow around 14%, with CASA to be maintained above 50%.
- →NIM guidance is conservatively maintained at 3.75% for the coming year, down slightly from current 4%.
- →Cost-to-income ratio is aimed to be kept under 40%, currently at 38.5%, despite aggressive branch expansion.
- →ROA guidance is to maintain 1.75%, consistent with the full-year achieved figure.
- →GNPA is targeted to be maintained below 2%, currently at 1.74%; credit cost is expected to remain below 1%.
- →Board has recommended a 15% dividend, subject to AGM approval, reflecting confidence in earnings sustainability.
- →Focus on sustainable growth through core branches and better quality loan growth, with strengthened risk governance to support profitability.
🏗️ Capital Expenditure Plans
- →Bank of Maharashtra has Board approval to open 1,000 branches over the next 5 years, targeting 200-220 branches in the next 12 months to expand presence.
- →A GIFT City license has been approved, enabling the bank to open an International Banking Unit (IBU) at GIFT City, Gandhinagar, which will provide global presence and new business opportunities.
- →The bank is strengthening its technology and risk governance by onboarding domain experts to support sustainable growth.
- →Capital raise approvals include INR 7,500 crore for Qualified Institutional Placement (QIP) and INR 10,000 crore for long-term bonds; timing and mode to be decided during the year post necessary approvals.
- →Focus on maintaining capital ratios with Government of India holding currently at 79.6%, above SEBI’s 75% requirement.
💰 Fundraising & Capital Structure
- →The Bank of Maharashtra has received board approval for capital raising, including a Qualified Institutional Placement (QIP) of INR 7,500 crore and long-term bonds worth INR 10,000 crore.
- →The actual fundraising will require approval by shareholders at the AGM and the government.
- →The bank plans to finalize the mode and timing of the capital raise during the course of the financial year, aiming to comply with SEBI requirements by reducing Government of India holding from the current 79.6% to below 75%.
- →No immediate or specific timeline for executing the QIP or bond issuance was given; the decision will be opportunistic and taken as per market conditions.
📋 Order Book & Pipeline
The transcript does not explicitly mention the current or expected order book or pending orders for Bank of Maharashtra. However, some relevant points related to business growth and sectoral focus include:
- The bank is focused on sectors like infrastructure (including road HAM model), renewable energy, and LRD, where they see good income-earning opportunities.
- They have maintained a corporate-to-retail mix around 62:38% and look for profitable, quality additions to the loan book.
- There has been a stable, consistent growth in advances at around 17% guidance for the next year.
- The bank is opening 1,000 new branches over 5 years with 200-220 planned in the next 12 months to tap new business opportunities.
- Exposure in infrastructure involves mainly PSU and state government accounts related to infra projects, with no alarming stress reported.
- The bank is also opening an International Banking Unit (IBU) at GIFT City, expected to open new business avenues.
No specific quantitative order book or pending order data is provided.
Key Metrics
Frequently Asked Questions
What were Bank of Maharashtra Q4 FY25 results?
Bank of Maharashtra expects continued consistent growth across business parameters. Bank of Maharashtra has demonstrated consistent growth over the past 3-4 years with quarter-on-quarter improvement.
What is Bank of Maharashtra share price analysis?
Bank of Maharashtra currently shows a neutral. The stock trades at a P/E of 8.1 with a market cap of ₹60,917 Cr. Investors should review the full earnings analysis for detailed insights.
Is Bank of Maharashtra planning capital expenditure?
Bank of Maharashtra has Board approval to open 1,000 branches over the next 5 years, targeting 200-220 branches in the next 12 months to expand presence.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.