BSE:532525

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Bank of Maharashtra

Executive Summary

Bank of Maharashtra provides various banking products and services in India. More Details


Snowflake Analysis

Adequate balance sheet with questionable track record.

Share Price & News

How has Bank of Maharashtra's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532525's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.6%

532525

-2.4%

IN Banks

-1.6%

IN Market


1 Year Return

-10.9%

532525

-26.3%

IN Banks

-2.2%

IN Market

Return vs Industry: 532525 exceeded the Indian Banks industry which returned -26.3% over the past year.

Return vs Market: 532525 underperformed the Indian Market which returned -2.2% over the past year.


Shareholder returns

532525IndustryMarket
7 Day-5.6%-2.4%-1.6%
30 Day-1.5%9.7%1.7%
90 Day-9.0%7.9%6.2%
1 Year-10.9%-10.9%-26.3%-26.3%-0.4%-2.2%
3 Year-61.0%-61.0%-41.3%-41.9%-4.4%-9.0%
5 Year-65.6%-65.6%-11.7%-13.6%40.4%29.8%

Price Volatility Vs. Market

How volatile is Bank of Maharashtra's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bank of Maharashtra undervalued compared to its fair value and its price relative to the market?

14.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532525's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532525's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532525's PE Ratio (14.5x) is in line with the IN Banks industry average.

PE vs Market: 532525 is good value based on its PE Ratio (14.5x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532525's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532525's PB Ratio (0.6x) is in line with the IN Banks industry average.


Next Steps

Future Growth

How is Bank of Maharashtra forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bank of Maharashtra has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bank of Maharashtra performed over the past 5 years?

5.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532525 has a high level of non-cash earnings.

Growing Profit Margin: 532525 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 532525 has become profitable over the past 5 years, growing earnings by 5.7% per year.

Accelerating Growth: 532525 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 532525 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (4.6%).


Return on Equity

High ROE: 532525's Return on Equity (3.6%) is considered low.


Next Steps

Financial Health

How is Bank of Maharashtra's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 532525's Assets to Equity ratio (15x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if 532525 has a sufficient allowance for bad loans.

Low Risk Liabilities: 94% of 532525's liabilities are made up of primarily low risk sources of funding.

Loan Level: 532525 has an appropriate level of Loans to Assets ratio (54%).

Low Risk Deposits: 532525's Loans to Deposits ratio (61%) is appropriate.

Level of Bad Loans: 532525 has a high level of bad loans (9.3%).


Next Steps

Dividend

What is Bank of Maharashtra current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532525's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532525's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532525's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532525's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532525 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532525's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Aerathu Rajeev (56 yo)

1.83yrs

Tenure

₹2,917,976

Compensation

Mr. Aerathu Sekharapanicker Rajeev serves as Managing Director and Chief Executive Officer of Bank of Maharashtra since December 2, 2018. Mr. Rajeev is a Non-Executive Independent Director at New India Ass ...


CEO Compensation Analysis

Compensation vs Market: Aerathu's total compensation ($USD39.13K) is below average for companies of similar size in the Indian market ($USD396.40K).

Compensation vs Earnings: Aerathu's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Aerathu Rajeev
MD. CEO & Executive Director1.83yrs₹2.92m0.00046%
₹ 333.4k
Hemant Tamta
Executive Director1.83yrs₹2.51m0.00076%
₹ 550.9k
Vijay Srivastava
CFO and GM of FM&A2.42yrsno datano data
Chandrakant Bhagwat
Compliance Officer & Company Secretary5yrsno datano data
N. Muniraju
General Manager3.42yrsno datano data
Sanjay Rudra
General Manager1.75yrsno datano data
Nadendla Rambabu
General Manager3yrsno datano data
Prashant Khatawkar
General Manager2.42yrsno datano data
Unnam Rao
General Manager2.42yrsno datano data
Mahesh Mahabaleshwarkar
GM & Head of BR2.42yrsno datano data
Laxminarayan Rath
Chief Vigilance Officerno datano datano data
S Hanamshet
General Manager1.75yrsno datano data

2.4yrs

Average Tenure

57yo

Average Age

Experienced Management: 532525's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Aerathu Rajeev
MD. CEO & Executive Director1.83yrs₹2.92m0.00046%
₹ 333.4k
Hemant Tamta
Executive Director1.83yrs₹2.51m0.00076%
₹ 550.9k
Yalamanchili Rao
Executive Director0.58yrno datano data
R. Thamodharan
Shareholders Non-Executive Director5.25yrs₹1.37m0%
₹ 0
Vandita Kaul
Government Nominee Non-Executive Director3.42yrsno datano data
Manoj Verma
RBI Non-Executive Nominee Director1.17yrs₹740.00kno data

1.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 532525's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.6%.


Top Shareholders

Company Information

Bank of Maharashtra's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bank of Maharashtra
  • Ticker: 532525
  • Exchange: BSE
  • Founded: 1935
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹72.483b
  • Shares outstanding: 6.56b
  • Website: https://www.bankofmaharashtra.in

Number of Employees


Location

  • Bank of Maharashtra
  • Lokmangal, 1501
  • Shivajinagar
  • Pune
  • Maharashtra
  • 411005
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532525BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2004
MAHABANKNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2004

Biography

Bank of Maharashtra provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking segments. It accepts savin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 12:43
End of Day Share Price2020/10/30 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.