Bank of Maharashtra
MAHABANKFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
17 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 17 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220722 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221021 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230120 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230429 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230725 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231020 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240123 | 2023-12-31 | yes | |
| ANALYST_MEET | 20240504 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240720 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241019 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250122 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250430 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250721 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251017 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260116 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260427 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260716 | 2026-06-30 | yes |
MAHABANK
files the banking form. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | banking |
| Scope served | consolidated |
| Panels on this page | 5 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 82.38 |
| 52-week range | 53.99 – 93.85 |
| Return 1M | 0.83% |
| Return 3M | -7.14% |
| Return 1Y | 46.25% |
| Return 3Y | 78.5% |
| Return 5Y | 356.4% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Interest earned | 8,035.00 |
| Interest on advances and bills | 6,266.00 |
| Income on investments | 1,724.00 |
| Interest on balances with the RBI and interbank funds | 31.00 |
| Other interest | 13.00 |
| Interest expended | 4,264.00 |
| Other income | 1,029.00 |
| Total income | 9,064.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.74 | 0.00 |
| institutions foreign | 0.06 | 0.00 |
| institutions domestic | 0.14 | 0.00 |
| mutual funds | 0.07 | 0.00 |
| public | 0.26 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| ANALYST_MEET | 2024-03-31 | 1 |
| TRANSCRIPT | 2026-06-30 | 16 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Cash flow, as filed
| Line | 2022-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Net cash from operating activities | -5,658.00 | 11,581.00 | -13,988.00 | 7,628.00 | -22,528.00 | -11,336.00 |
| Net cash from investing activities | -74.00 | -260.00 | -283.00 | -495.00 | -231.00 | -506.00 |
| Net cash from financing activities | 328.00 | 461.00 | 554.00 | 4,750.00 | -1,497.00 | -2,607.00 |
| Purchase of property, plant and equipment | 243.00 | 279.00 | 291.00 | 519.00 | 192.00 | 422.00 |
| Net increase in cash | -5,404.00 | 11,783.00 | -13,716.00 | 11,883.00 | -24,256.00 | -14,449.00 |
| con:CFO.BEFORE_TAX | -738.00 | 8,667.00 | 4,883.00 | 9,321.00 | 5,145.00 | 10,828.00 |
| con:INTEREST_RECEIVED.OPERATING | 3,699.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 7,503.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_OTHER.OPERATING | -1,116.00 | 2,914.00 | -18,871.00 | -1,693.00 | -27,673.00 | -22,164.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 169.00 | 3.00 | 1.00 | 4.00 | 14.00 | 16.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 16.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Quarterly results, as filed
| Line | 2022-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest earned | 3,815.00 | 5,172.00 | 5,467.00 | 5,875.00 | 6,017.00 | 6,325.00 | 6,731.00 | 7,054.00 | 7,128.00 | 7,344.00 | 7,755.00 | 8,035.00 |
| Interest on advances and bills | 2,662.00 | 4,026.00 | 4,264.00 | 4,458.00 | 4,684.00 | 4,917.00 | 5,233.00 | 5,407.00 | 5,451.00 | 5,647.00 | 5,985.00 | 6,266.00 |
| Income on investments | 1,125.00 | 1,110.00 | 1,099.00 | 1,301.00 | 1,313.00 | 1,367.00 | 1,380.00 | 1,493.00 | 1,634.00 | 1,651.00 | 1,742.00 | 1,724.00 |
| Interest on balances with the RBI and interbank funds | 8.00 | 18.00 | 86.00 | 96.00 | 10.00 | 31.00 | 65.00 | 143.00 | 32.00 | 26.00 | 17.00 | 31.00 |
| Other interest | 21.00 | 18.00 | 18.00 | 20.00 | 10.00 | 10.00 | 53.00 | 10.00 | 12.00 | 20.00 | 11.00 | 13.00 |
| Interest expended | 1,928.00 | 2,705.00 | 2,882.00 | 3,075.00 | 3,210.00 | 3,381.00 | 3,614.00 | 3,762.00 | 3,880.00 | 3,922.00 | 4,052.00 | 4,264.00 |
| Other income | 503.00 | 680.00 | 1,022.00 | 894.00 | 792.00 | 788.00 | 981.00 | 825.00 | 846.00 | 933.00 | 938.00 | 1,029.00 |
| Total income | 4,318.00 | 5,852.00 | 6,488.00 | 6,769.00 | 6,809.00 | 7,113.00 | 7,712.00 | 7,879.00 | 7,974.00 | 8,277.00 | 8,693.00 | 9,064.00 |
| Employee benefit expense | 467.00 | 646.00 | 850.00 | 900.00 | 811.00 | 850.00 | 881.00 | 880.00 | 822.00 | 798.00 | 875.00 | 1,007.00 |
| Operating expenses | 928.00 | 1,134.00 | 1,396.00 | 1,399.00 | 1,397.00 | 1,428.00 | 1,578.00 | 1,547.00 | 1,519.00 | 1,620.00 | 1,695.00 | 1,682.00 |
| Expenditure excluding provisions and contingencies | 2,855.00 | 3,839.00 | 4,279.00 | 4,474.00 | 4,607.00 | 4,809.00 | 5,192.00 | 5,309.00 | 5,399.00 | 5,541.00 | 5,747.00 | 5,946.00 |
| Operating profit before provisions | 1,462.00 | 2,012.00 | 2,210.00 | 2,295.00 | 2,202.00 | 2,303.00 | 2,520.00 | 2,570.00 | 2,575.00 | 2,736.00 | 2,947.00 | 3,118.00 |
| Provisions and contingencies | 579.00 | 943.00 | 942.00 | 950.00 | 822.00 | 841.00 | 983.00 | 867.00 | 756.00 | 728.00 | 617.00 | 840.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 883.00 | 1,070.00 | 1,268.00 | 1,344.00 | 1,380.00 | 1,463.00 | 1,537.00 | 1,703.00 | 1,819.00 | 2,008.00 | 2,330.00 | 2,277.00 |
| Tax expense | 348.00 | 34.00 | 50.00 | 50.00 | 53.00 | 56.00 | 44.00 | 110.00 | 185.00 | 228.00 | 315.00 | 257.00 |
| Profit for the period | 535.00 | 1,036.00 | 1,218.00 | 1,294.00 | 1,327.00 | 1,407.00 | 1,493.00 | 1,593.00 | 1,634.00 | 1,780.00 | 2,014.00 | 2,021.00 |
| Profit attributable to owners | 535.00 | 1,038.00 | 1,230.00 | 1,295.00 | 1,333.00 | 1,412.00 | 1,502.00 | 1,504.00 | 1,669.00 | 1,799.00 | 2,045.00 | 2,023.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:SHARE_OF_ASSOCIATES | -1.00 | 3.00 | 12.00 | 1.00 | 6.00 | 5.00 | 9.00 | -89.00 | 35.00 | 19.00 | 30.00 | 3.00 |
| Earnings per share, basic | 0.79 | 1.47 | 1.74 | 1.83 | 1.88 | 1.84 | 1.94 | 1.96 | 2.17 | 2.34 | 2.66 | 2.63 |
| Earnings per share, diluted | 0.79 | 1.47 | 1.74 | 1.83 | 1.88 | 1.84 | 1.94 | 1.96 | 2.17 | 2.34 | 2.66 | 2.63 |
Annual results, as filed
| Line | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|
| Interest earned | 20,495.00 | 24,948.00 | 29,282.00 |
| Interest on advances and bills | 15,826.00 | 19,292.00 | 22,490.00 |
| Income on investments | 4,461.00 | 5,361.00 | 6,520.00 |
| Interest on balances with the RBI and interbank funds | 136.00 | 203.00 | 219.00 |
| Other interest | 72.00 | 93.00 | 53.00 |
| Interest expended | 10,672.00 | 13,281.00 | 15,616.00 |
| Other income | 2,999.00 | 3,455.00 | 3,542.00 |
| Total income | 23,493.00 | 28,403.00 | 32,824.00 |
| Employee benefit expense | 2,838.00 | 3,442.00 | 3,375.00 |
| Operating expenses | 4,815.00 | 5,802.00 | 6,380.00 |
| Expenditure excluding provisions and contingencies | 15,487.00 | 19,082.00 | 21,996.00 |
| Operating profit before provisions | 8,006.00 | 9,321.00 | 10,828.00 |
| Provisions and contingencies | 3,646.00 | 3,597.00 | 2,968.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 |
| Profit before tax | 4,361.00 | 5,724.00 | 7,859.00 |
| Tax expense | 305.00 | 203.00 | 839.00 |
| Profit for the period | 4,056.00 | 5,521.00 | 7,021.00 |
| Profit attributable to owners | 4,072.00 | 5,542.00 | 7,017.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 |
| con:SHARE_OF_ASSOCIATES | 16.00 | 21.00 | -4.00 |
| Earnings per share, basic | 5.80 | 7.48 | 9.12 |
| Earnings per share, diluted | 5.80 | 7.48 | 9.12 |
Balance sheet, as filed
| Line | 2022-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Capital | 6,730.00 | 7,081.00 | 7,081.00 | 7,692.00 | 7,692.00 | 7,692.00 |
| Reserves and surplus | 8,319.00 | 12,789.00 | 15,809.00 | 21,016.00 | 23,701.00 | 25,533.00 |
| Deposits | 195,831.00 | 270,726.00 | 276,268.00 | 307,120.00 | 309,767.00 | 350,538.00 |
| Borrowings | 22,911.00 | 7,719.00 | 10,482.00 | 23,853.00 | 24,924.00 | 35,234.00 |
| Other liabilities and provisions | 5,391.00 | 9,013.00 | 7,533.00 | 9,673.00 | 7,423.00 | 8,475.00 |
| Total equity and liabilities | 239,183.00 | 307,329.00 | 317,173.00 | 369,354.00 | 373,507.00 | 427,471.00 |
| Cash and balances with the RBI | 14,483.00 | 21,161.00 | 16,574.00 | 37,993.00 | 17,276.00 | 26,645.00 |
| Balances with banks and money at call | 29.00 | 9,150.00 | 22.00 | 4,202.00 | 662.00 | 1,100.00 |
| Investments | 70,357.00 | 68,465.00 | 78,014.00 | 82,216.00 | 96,199.00 | 101,588.00 |
| Advances | 144,163.00 | 200,240.00 | 213,927.00 | 236,084.00 | 250,188.00 | 288,104.00 |
| Property, plant and equipment | 2,194.00 | 2,210.00 | 2,379.00 | 2,916.00 | 2,904.00 | 2,962.00 |
| Other assets | 7,956.00 | 6,103.00 | 6,258.00 | 5,944.00 | 6,276.00 | 7,072.00 |
| Total assets | 239,183.00 | 307,329.00 | 317,173.00 | 369,354.00 | 373,507.00 | 427,471.00 |
Asset quality and capital, as filed
| Line | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross non-performing assets | 4,017.00 | 3,858.00 | 3,833.00 | 3,873.00 | 4,010.00 | 4,124.00 | 4,185.00 | 4,206.00 | 4,372.00 | 4,388.00 | 4,246.00 | 4,434.00 |
| Net non-performing assets | 414.00 | 405.00 | 409.00 | 415.00 | 433.00 | 443.00 | 432.00 | 434.00 | 442.00 | 412.00 | 384.00 | 405.00 |
| Gross NPA, per cent | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net NPA, per cent | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Return on assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CET-1 ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Tier-1 ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-10-05 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-04 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 86.46 | 86.46 | 86.46 | 86.46 | 86.46 | 79.60 | 79.60 | 79.60 | 79.60 | 0.80 | 0.74 | 0.74 | 0.74 | 0.74 |
| Domestic institutions | 5.18 | 4.72 | 4.68 | 4.58 | 4.47 | 11.03 | 10.87 | 10.67 | 10.40 | 0.10 | 0.13 | 0.14 | 0.14 | 0.14 |
| Mutual funds | — | — | — | — | — | — | — | — | 0.97 | 0.01 | 0.05 | 0.05 | 0.06 | 0.07 |
| Insurance companies | 4.64 | 4.30 | 4.27 | 4.17 | 4.13 | 8.77 | 8.69 | 8.65 | 8.40 | 0.08 | 0.08 | 0.08 | 0.07 | 0.07 |
| Foreign institutions | 0.59 | 0.45 | 1.04 | 1.20 | 1.26 | 1.95 | 1.53 | 1.73 | 1.89 | 0.02 | 0.05 | 0.05 | 0.06 | 0.06 |
| Government | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 13.54 | 13.54 | 13.54 | 13.54 | 13.54 | 20.40 | 20.40 | 20.40 | 20.40 | 0.20 | 0.26 | 0.26 | 0.26 | 0.26 |
| Non-institutional | 7.76 | 8.37 | 7.81 | 7.76 | 7.81 | 7.43 | 7.99 | 8.00 | 8.11 | 0.08 | 0.09 | 0.08 | 0.07 | 0.06 |
| Shares outstanding | 7081373639 | 7081373639 | 7081373639 | 7081373639 | 7081373639 | 7691554950 | 7691554819 | 7691554950 | 7691554950 | 7691554950 | 7691554950 | 7691554950 | 7691554950 | 7691554950 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| The Maharashtra Executor and Trustee Co. Pvt. Ltd | Subsidiary | Any other transaction, Interest paid | 10,500,000.00 | 3 |
| Bank of Maharashtra Employees Pension Fund | Trust Sponsored by bank | Interest paid | 9,500,000.00 | 1 |
| Bank of Maharashtra Employees Provident Fund | Trust Sponsored by bank | Interest paid | 5,700,000.00 | 1 |
| Bank of Maharashtra Employees PL Encashment Fund | Trust Sponsored by bank | Interest paid | 2,900,000.00 | 1 |
| Shri V P Srivastava | CFO | Remuneration | 2,000,000.00 | 1 |
| Shri Nidhu Saxena | Managing Director & CEO | Remuneration | 1,800,000.00 | 1 |
| Shri Asheesh Pandey | Executive Director | Remuneration | 1,800,000.00 | 1 |
| Shri Rohit Roshi | Executive Director | Remuneration | 1,600,000.00 | 1 |
| Bank of Maharashtra Gratuity Fund | Trust Sponsored by bank | Interest paid | 1,300,000.00 | 1 |
| Gramin Mahila Va Balak Vikas Mandal | Trust Sponsored by bank | Any other transaction, Interest paid | 1,000,000.00 | 2 |
| Mahabank Agricultural Research and Rural Development Foundat | Trust Sponsored by bank | Interest paid | 400,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-16 | Q1FY27 | CHIEF EXECUTIVE OFFICER | Read the call |
| 2026-04-27 | Q4FY26 | Read the call | |
| 2026-01-16 | Q3FY26 | Read the call | |
| 2025-10-17 | Q2FY26 | OF THE BANK | Read the call |
| 2025-07-21 | Q1FY26 | BANK, BANK OF MAHARASHTRA, CHIEF, MAHARASHTRA | Read the call |
| 2025-04-30 | Q4FY25 | BANK, CHIEF, MAHARASHTRA, OF MAHARASHTRA, – BANK OF MAHARASHTRA | Read the call |
| 2025-01-22 | Q3FY25 | Read the call | |
| 2024-10-19 | Q2FY25 | BANK, BANK OF MAHARASHTRA, CHIEF, MAHARASHTRA | Read the call |
| 2024-07-20 | Q1FY25 | Read the call | |
| 2024-05-04 | Q4FY24 | Amit Sharma:, Chitra Datar:, Divesh Dinkar:, Manoj Kare:, Rajesh Singh: | Read the call |
| 2024-01-23 | Q3FY24 | BANK OF MAHARASHTRA | Read the call |
| 2023-10-20 | Q2FY24 | BANK OF MAHARASHTRA | Read the call |
| 2023-07-25 | Q1FY24 | BANK OF MAHARASHTRA | Read the call |
| 2023-04-29 | Q4FY23 | BANK OF MAHARASHTRA | Read the call |
| 2023-01-20 | Q3FY23 | BANK OF MAHARASHTRA | Read the call |
| 2022-10-21 | Q2FY23 | BANK OF MAHARASHTRA | Read the call |
| 2022-07-22 | Q1FY23 | BANK OF MAHARASHTRA | Read the call |
What they said about it, quarter by quarter
| Topic | Q3FY23 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | So UPI on some of the identified things where we wanted to be more hold and also, we analyze the cost is better when we move from opex to capex. | 1,000 crore CAPEX is already provided and BCG we have already appointed a consultant which is already there in the Bank for the past 6 months and most… | If you are intending to know about the corporate CAPEX, private CAPEX cycle, those things are yet to happen. | — | So 60% will be the capital expenditure and 40% will be revenue. | — | — | — |
| Capital allocation | — | And sir lastly if you can just talk about the new customer acquisition trends in the liability side like especially on the CASA what is the new custom… | You would have seen our credit growth also including the corporate book actually looking up, which was single digit Y-O-Y last quarter, has become 17%… | — | So, in this, again, what we proposed and the Board has deliberated is that on the business acquisition side, we are thinking for starting with the 5%,… | Recently, as a strategic move, bank has gone for creation of a new vertical, and we are calling it as the new business and customer acquisition vertic… | To answer in one line, there are no aggressive DSAs and acquisition strategies. | And through our quick acquisition, quick disposal, we have even grown our corporate book Y-o-Y at 22%. |
| Costs | — | — | — | — | — | — | — | — |
| Debt and cash | — | — | — | We would like to move -- even if they are into multiple arrangement or sole, we would like to take their exposure in their normal credit also, whether… | — | — | — | — |
| Demand | So we do have a competitive advantage and the balance transfer, but then demand is also very much picking up, which bank is catering with specific tie… | — | — | — | And sir, what is your sanction pipeline as on date for the corporate book? | — | On the ground, like how are we seeing the demand right now? | And I can share with you that we have -- there is a pipeline visibility to us of 350 million. |
| Guidance | So we expect that within this week the first account will be transferred to NARCL. | Yes, it will take care and we expect that some amount will come back as write back. | As you would have seen in the presentations, which are shared with you, whatever guidance we had kept for ourselves for growth in terms of overall bus… | So Ajmera ji, the deposit guidance that we have kept is 14%, which will be maintained. | And with regards to credit cost, what would be your guidance since the provision requirement seems to be less now and slippages are also under control… | Few parameters I will just share my guidance, the main ones. | Overall, if you see my business mix and the guidance that we had kept for ourselves, it was to maintain RAM corporate share of 60-40 and plus minus 2%… | But bank has typically shared 18 to 19 parameters for which the guidance was shared at the beginning of the year. |
| Margin | — | 1,000 crore per quarter, ROA above 1.50% that is 1.55%, ROE around 25%, cost-to-income ratio lowest of 36%, etc. and in the case of operating margin, … | Now coming on to your net interest margin, sir, our net interest margin stands at almost around 3.98%, quite stable as compared to even last year, har… | — | Firstly, given we have seen a margin expansion of 18 basis points in this quarter as well and as the deposit pricing is catching up, how you see the m… | — | My last question is now in the falling interest rate scenario, sir, actually, you are expecting a fall in your NIMs, net interest margin. | — |
| People | — | — | — | And that's how we are seeing slowly, steadily attrition is coming from that element also, core CASA, stable individual deposits, and the institutional… | — | — | We said that we are hiring also a bit more talent. | — |
| Pricing | — | So, 3% to 4% corporate sector we have reduced mainly because of the pricing but our Mr. Pandeyji has told that correctly why we have not gone for AAA … | The scheme is also improvised, and customers are finding a lot of value, whether it is pricing or otherwise. | And that is also a sizable book that has been built up, and where we have got good pricing for the business that has entered the bank. | And my third question is how is the pricing competitive intensity at this point from the corporate pricing? | — | I'm sure the impact is going to be felt by us, but the way we have managed our business mix, and there has not been the full quarter impact for the la… | Wherever we get good pricing and at times, we want to look at meeting our PSL requirements, we will do those transactions. |
| Revenue growth | Operating profit also shown a growth of 16% to reach to INR 4,244 crore. | Operating profit has shown a growth of 37% to Rs. | Our total business at INR 5.07 lakh crore has grown Y-O-Y at the rate of 17%, advances at INR 2.29 lakh crore has shown a growth of 21%, total deposit… | So if you look at the portfolio and the growth, the elements in the retail segment, the individual -- in the retail advances, agriculture, MSME advanc… | Operating profit has shown a growth of 26% to INR 6,099 crore, against INR 4,848 crore for the year ended March 31st, ‘22. | We feel that after displaying a good financial performance and that too consistently, we now aspire to become a bank of greater significance, but whil… | Lot of strategies were put in place in the beginning of the year, which have actually helped the sustainable growth of bank business. | The overall stress saw an improvement of 49 bps. It has come down to 2.93%, within which SMA-1 plus 2 is 1.39%, which also improved by 61 bps. As a re… |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2025-07-21 | Q1FY26 | BANK OF MAHARASHTRA | July 15, 2025 Restricted expected lines, so despite doing 3.98%, 4% kind of number, my NIM guidance for this year is conservative again at 3.75%. |
| 2025-07-21 | Q1FY26 | BANK OF MAHARASHTRA | My guidance, if you look at is 3.75% for the full year, and I feel the kind of consciousness in terms of doing business, is growing fine, but growth with profitability, is the kind of focus that we are having and we will definitely achieve the guidance for this year as well. |
| 2025-07-21 | Q1FY26 | BANK OF MAHARASHTRA | We have kept, I think, a conservative guidance of 3.75%, despite even maintaining it above 3.95% for last 4 quarters which again is a very good number. |
| 2025-07-21 | Q1FY26 | BANK OF MAHARASHTRA | I see no challenges towards achieving that, advances within which will grow at 17%, deposit, we have kept a guidance of 14%. |
| 2025-07-21 | Q1FY26 | BANK OF MAHARASHTRA | Despite having 37%-38% kind of cost to income, my guidance is kept to maintain below 40% knowing that when I'm going for this fast-paced recruitment, there is some likely increase in the employee cost, that will happen, and so I'll try to maintain below 40%, but if you see, it is not actually happening, and I will tell you the reason behind this. |
| 2025-07-21 | Q1FY26 | BANK OF MAHARASHTRA | We have kept a defined time line, and recruitment is also matching that part, and at least for the last 12 months, I have seen that my cost to income has not gone up, and my guidance of the FY 2026 is also to maintain it below 40%. |