Bank of Maharashtra

NSE:MAHABANK India Banks - Regional
Market Cap
$5.96 Billion
₹516.18 Billion INR
Market Cap Rank
#6540 Global
#230 in India
Share Price
₹67.11
Change (1 day)
+0.10%
52-Week Range
₹43.62 - ₹75.65
All Time High
₹75.65
About

Bank of Maharashtra provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts savings, current, term, and demand deposits, as well as provides capital gain account schemes. The company also offers housing loans, vehicle and car loans, topup loans, education loans, g… Read more

Bank of Maharashtra (MAHABANK) - Net Assets

Latest net assets as of December 2025: ₹334.06 Billion INR

Based on the latest financial reports, Bank of Maharashtra (MAHABANK) has net assets worth ₹334.06 Billion INR as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.93 Trillion) and total liabilities (₹3.60 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ₹334.06 Billion
% of Total Assets 8.49%
Annual Growth Rate 17.24%
5-Year Change 133.24%
10-Year Change 224.01%
Growth Volatility 24.73

Bank of Maharashtra - Net Assets Trend (2005–2025)

This chart illustrates how Bank of Maharashtra's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Bank of Maharashtra (2005–2025)

The table below shows the annual net assets of Bank of Maharashtra from 2005 to 2025.

Year Net Assets Change
2025-03-31 ₹287.08 Billion +44.47%
2024-03-31 ₹198.71 Billion +25.84%
2023-03-31 ₹157.90 Billion +12.29%
2022-03-31 ₹140.62 Billion +14.25%
2021-03-31 ₹123.08 Billion +12.83%
2020-03-31 ₹109.09 Billion +85.43%
2019-03-31 ₹58.83 Billion -41.56%
2018-03-31 ₹100.67 Billion +34.78%
2017-03-31 ₹74.69 Billion -15.70%
2016-03-31 ₹88.60 Billion +9.08%
2015-03-31 ₹81.23 Billion +9.62%
2014-03-31 ₹74.10 Billion +15.31%
2013-03-31 ₹64.26 Billion +35.51%
2012-03-31 ₹47.42 Billion +19.02%
2011-03-31 ₹39.84 Billion +38.95%
2010-03-31 ₹28.67 Billion +13.51%
2009-03-31 ₹25.26 Billion +41.21%
2008-03-31 ₹17.89 Billion +2.35%
2007-03-31 ₹17.48 Billion +10.83%
2006-03-31 ₹15.77 Billion +32.19%
2005-03-31 ₹11.93 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Bank of Maharashtra's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 19556.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ₹63.78 Billion 22.22%
Common Stock ₹76.92 Billion 26.79%
Other Comprehensive Income ₹107.71 Billion 37.52%
Other Components ₹38.67 Billion 13.47%
Total Equity ₹287.08 Billion 100.00%

Bank of Maharashtra Competitors by Market Cap

The table below lists competitors of Bank of Maharashtra ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bank of Maharashtra's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 198,706,212,000 to 287,079,800,000, a change of 88,373,588,000 (44.5%).
  • Net income of 55,417,768,000 contributed positively to equity growth.
  • Dividend payments of 9,913,923,000 reduced retained earnings.
  • Share repurchases of 35,000,000,000 reduced equity.
  • New share issuances of 35,000,000,000 increased equity.
  • Other comprehensive income increased equity by 25,947,516,000.
  • Other factors increased equity by 16,922,227,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹55.42 Billion +19.3%
Dividends Paid ₹9.91 Billion -3.45%
Share Repurchases ₹35.00 Billion -12.19%
Share Issuances ₹35.00 Billion +12.19%
Other Comprehensive Income ₹25.95 Billion +9.04%
Other Changes ₹16.92 Billion +5.89%
Total Change ₹- 44.47%

Book Value vs Market Value Analysis

This analysis compares Bank of Maharashtra's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.73x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 32.84x to 1.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 ₹2.04 ₹67.11 x
2006-03-31 ₹2.70 ₹67.11 x
2007-03-31 ₹2.99 ₹67.11 x
2008-03-31 ₹3.06 ₹67.11 x
2009-03-31 ₹4.33 ₹67.11 x
2010-03-31 ₹4.91 ₹67.11 x
2011-03-31 ₹6.83 ₹67.11 x
2012-03-31 ₹8.12 ₹67.11 x
2013-03-31 ₹11.01 ₹67.11 x
2014-03-31 ₹12.69 ₹67.11 x
2015-03-31 ₹13.92 ₹67.11 x
2016-03-31 ₹79.70 ₹67.11 x
2017-03-31 ₹63.93 ₹67.11 x
2018-03-31 ₹78.93 ₹67.11 x
2019-03-31 ₹17.53 ₹67.11 x
2020-03-31 ₹18.76 ₹67.11 x
2021-03-31 ₹19.67 ₹67.11 x
2022-03-31 ₹21.05 ₹67.11 x
2023-03-31 ₹23.46 ₹67.11 x
2024-03-31 ₹28.31 ₹67.11 x
2025-03-31 ₹38.90 ₹67.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bank of Maharashtra utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 19.30%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 20.49%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 12.87x
  • Recent ROE (19.30%) is above the historical average (4.15%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 14.96% 14.55% 0.04x 27.58x ₹591.66 Million
2006 3.32% 5.39% 0.03x 19.80x ₹-1.05 Billion
2007 15.61% 22.07% 0.03x 22.32x ₹981.19 Million
2008 18.44% 22.94% 0.03x 26.92x ₹1.51 Billion
2009 14.91% 22.19% 0.03x 23.37x ₹1.24 Billion
2010 15.33% 24.42% 0.03x 24.78x ₹1.53 Billion
2011 8.40% 13.73% 0.03x 19.19x ₹-636.29 Million
2012 9.21% 13.83% 0.04x 18.57x ₹-373.89 Million
2013 11.97% 19.33% 0.03x 18.20x ₹1.27 Billion
2014 5.38% 9.14% 0.03x 18.40x ₹-3.42 Billion
2015 5.72% 9.41% 0.03x 17.98x ₹-3.48 Billion
2016 1.33% 2.40% 0.03x 18.17x ₹-7.68 Billion
2017 -18.16% -28.57% 0.03x 21.34x ₹-21.03 Billion
2018 -11.05% -22.47% 0.03x 15.54x ₹-21.19 Billion
2019 -80.97% -89.79% 0.03x 27.99x ₹-53.52 Billion
2020 3.66% 6.60% 0.04x 15.49x ₹-6.92 Billion
2021 4.64% 13.81% 0.02x 15.99x ₹-6.59 Billion
2022 8.20% 7.61% 0.07x 16.41x ₹-2.53 Billion
2023 16.50% 14.16% 0.07x 16.96x ₹10.26 Billion
2024 20.49% 17.97% 0.07x 15.47x ₹20.85 Billion
2025 19.30% 20.49% 0.07x 12.87x ₹26.71 Billion

Industry Comparison

This section compares Bank of Maharashtra's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $153,914,673,384
  • Average return on equity (ROE) among peers: 1.72%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bank of Maharashtra (MAHABANK) ₹334.06 Billion 14.96% 10.77x $1.22 Billion
AU Small Finance Bank Limited (AUBANK) $171.66 Billion 12.27% 8.20x $5.64 Billion
Bandhan Bank Limited (BANDHANBNK) $112.02 Billion 17.42% 4.04x $1.95 Billion
Bank of Baroda (BANKBARODA) $764.90 Billion 1.21% 14.69x $6.06 Billion
Canara Bank (CANBK) $351.83 Billion 3.86% 15.94x $4.81 Billion
Capital Small Finance Bank Limited (CAPITALSFB) $895.11 Million 15.89% 17.77x $29.44 Million
Central Bank of India (CENTRALBK) $110.28 Billion 11.92% 18.04x $275.77 Million
CSB Bank Limited (CSBBANK) $21.80 Billion 10.02% 9.70x $383.55 Million
City Union Bank Limited (CUB) $2.41 Billion 19.24% 13.52x $1.93 Billion
DCB Bank Limited (DCBBANK) $1.99 Billion -81.69% 22.36x $503.70 Million
Dhanlaxmi Bank Limited (DHANBANK) $1.34 Billion 7.08% 20.20x $59.94 Million