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Bank of Maharashtra

NSEI:MAHABANK
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MAHABANK
NSEI
₹35B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Bank of Maharashtra provides various banking products and services in India. The last earnings update was 284 days ago. More info.


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MAHABANK Share Price and Events
7 Day Returns
-0.7%
NSEI:MAHABANK
5.1%
IN Banks
2.6%
IN Market
1 Year Returns
-8.9%
NSEI:MAHABANK
12%
IN Banks
0.8%
IN Market
MAHABANK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bank of Maharashtra (MAHABANK) -0.7% 5.1% -1.8% -8.9% -54.7% -58.3%
IN Banks 5.1% 10% 6.6% 12% 59.4% 79.9%
IN Market 2.6% 7.7% 2.5% 0.8% 45.6% 83.2%
1 Year Return vs Industry and Market
  • MAHABANK underperformed the Banks industry which returned 12% over the past year.
  • MAHABANK underperformed the Market in India which returned 0.8% over the past year.
Price Volatility
MAHABANK
Industry
5yr Volatility vs Market
Related Companies

MAHABANK Value

 Is Bank of Maharashtra undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Bank of Maharashtra. This is due to cash flow or dividend data being unavailable. The share price is ₹13.3.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bank of Maharashtra's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bank of Maharashtra's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:MAHABANK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-8.72
BSE:532525 Share Price ** BSE (2019-03-18) in INR ₹13.32
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.17x
India Market PE Ratio Median Figure of 2,728 Publicly-Listed Companies 16.62x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bank of Maharashtra.

NSEI:MAHABANK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532525 Share Price ÷ EPS (both in INR)

= 13.32 ÷ -8.72

-1.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank of Maharashtra is loss making, we can't compare its value to the IN Banks industry average.
  • Bank of Maharashtra is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Bank of Maharashtra's expected growth come at a high price?
Raw Data
NSEI:MAHABANK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.88x
India Market PEG Ratio Median Figure of 598 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bank of Maharashtra, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bank of Maharashtra's assets?
Raw Data
NSEI:MAHABANK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹38.74
BSE:532525 Share Price * BSE (2019-03-18) in INR ₹13.32
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.62x
India Market PB Ratio Median Figure of 3,613 Publicly-Listed Companies 1.12x
NSEI:MAHABANK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532525 Share Price ÷ Book Value per Share (both in INR)

= 13.32 ÷ 38.74

0.34x

* Primary Listing of Bank of Maharashtra.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank of Maharashtra is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Bank of Maharashtra's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bank of Maharashtra has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MAHABANK Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.8%
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bank of Maharashtra expected to grow at an attractive rate?
  • Unable to compare Bank of Maharashtra's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bank of Maharashtra's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Bank of Maharashtra's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:MAHABANK Future Growth Rates Data Sources
Data Point Source Value (per year)
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 36.8%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 21%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:MAHABANK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:MAHABANK Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 15,931 -16,498 -11,120
2017-03-31 15,007 74,381 -13,561
2016-03-31 26,719 -139,653 1,182

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bank of Maharashtra is high growth as no earnings estimate data is available.
  • Unable to determine if Bank of Maharashtra is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:MAHABANK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bank of Maharashtra Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:MAHABANK Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -8.72
2017-03-31 -11.61
2016-03-31 1.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bank of Maharashtra will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Bank of Maharashtra's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Bank of Maharashtra's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. Bank of Maharashtra's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Bank of Maharashtra's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bank of Maharashtra has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MAHABANK Past Performance

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

  • Bank of Maharashtra's last earnings update was 284 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bank of Maharashtra's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bank of Maharashtra does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Bank of Maharashtra's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bank of Maharashtra's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Bank of Maharashtra's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bank of Maharashtra Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:MAHABANK Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 15,930.84 -11,120.28 22,967.37
2017-03-31 15,006.88 -13,560.91 24,572.06
2016-03-31 26,719.36 1,181.85 21,920.93
2015-03-31 29,915.02 4,646.26 22,176.49
2014-03-31 27,963.40 3,366.94 21,343.49
2013-03-31 25,669.61 7,106.11 16,014.37
2012-03-31 20,806.66 3,718.89 14,746.83

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Bank of Maharashtra has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Bank of Maharashtra has efficiently used its assets last year compared to the IN Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Bank of Maharashtra improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bank of Maharashtra's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bank of Maharashtra has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MAHABANK Health

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

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bank of Maharashtra's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bank of Maharashtra Company Filings, last reported 11 months ago.

NSEI:MAHABANK Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 100,669.74 40,637.15 34,508.34
2017-03-31 74,689.16 81,366.52 51,522.37
2016-03-31 88,601.22 92,281.03 33,122.49
2015-03-31 81,228.14 111,267.25 21,116.31
2014-03-31 74,096.87 83,264.74 13,422.29
2013-03-31 64,258.44 128,774.88 22,944.47
2012-03-31 47,419.99 69,447.50 27,575.12
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bank of Maharashtra has an acceptable proportion of non-loan assets held.
  • Bank of Maharashtra's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bank of Maharashtra are broadly funded by customer deposits.
  • Bank of Maharashtra's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Bank of Maharashtra has a sufficient allowance for bad loans without relevant financial data.
  • Bank of Maharashtra has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Bank of Maharashtra's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bank of Maharashtra has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MAHABANK Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bank of Maharashtra dividends.
If you bought ₹2,000 of Bank of Maharashtra shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bank of Maharashtra's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bank of Maharashtra's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:MAHABANK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Banks Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:MAHABANK Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2016-07-04 0.000 0.000
2016-05-12 0.000 0.000
2015-05-14 0.800 2.430
2014-06-03 1.000 2.350
2014-05-13 1.000 2.232
2014-01-31 1.000 2.937
2013-05-27 2.300 5.638
2013-04-29 2.300 4.020
2012-05-31 2.200 4.280
2012-05-07 2.200 4.546
2011-05-18 2.000 3.984
2011-05-02 2.000 3.465
2010-07-12 2.000 3.062
2009-05-14 1.500 3.195
2009-03-19 2.000 8.736

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bank of Maharashtra has not reported any payouts.
  • Unable to verify if Bank of Maharashtra's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bank of Maharashtra's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bank of Maharashtra has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bank of Maharashtra's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bank of Maharashtra afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bank of Maharashtra has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MAHABANK Management

 What is the CEO of Bank of Maharashtra's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
A. Rajeev
AGE 53
TENURE AS CEO 0.3 years
CEO Bio

Mr. A. S. Rajeev serves as Managing Director and Chief Executive Officer of Bank of Maharashtra since December 2, 2018. Mr. Rajeev served as Managing Director and Chief Executive Officer of Bank of Maharashtra since September 2018 until November 02, 2018. He served as a Director at Ind Bank Housing Limited until December 2018. He served as Executive Director of Indian Bank since January 22, 2016 until December 2018. He has been Director of Bank of Maharashtra since September 2018. He was General Manager and CFO of Vijaya Bank. He served as Non Executive Director of Indbank Merchant Banking Services Ltd. since March 2, 2016 until November 30, 2018. He is a Fellow Member of the Institute of Chartered Accountants of India and holds Diploma in Information System Audit from ICAI, Masters Degree in Business Administration and CAIIB. He has handled Finance, Accounts and Taxation, Planning and Development, International Banking / Treasury, Vigilance and Credit Monitoring and Supervision of the Bank. He also headed Chennai and Bangalore North Regions of Vijaya Bank. Before joining Vijaya Bank, he has worked with Indian Bank and Syndicate Bank. He has attended various Seminars and Training Programmes at well reputed Institutions / Organizations in India and abroad.

CEO Compensation
  • Insufficient data for A. to compare compensation growth.
  • Insufficient data for A. to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure and age of the Bank of Maharashtra management team in years:

1.2
Average Tenure
56
Average Age
  • The average tenure for the Bank of Maharashtra management team is less than 2 years, this suggests a new team.
Management Team

Alekha Rout

TITLE
Executive Director
COMPENSATION
₹2M
AGE
58

A. Rajeev

TITLE
MD, CEO & Director
AGE
53
TENURE
0.3 yrs

Vijay Srivastava

TITLE
Chief Financial Officer
AGE
51
TENURE
0.8 yrs

Chandrakant Bhagwat

TITLE
Compliance Officer & Company Secretary
AGE
30
TENURE
3.5 yrs

Hemant Tamta

TITLE
Executive Director
AGE
56
TENURE
0.3 yrs

T. Raman Murthy

TITLE
General Manager
AGE
59
TENURE
2.3 yrs

Nadendla Ram Babu

TITLE
General Manager
AGE
57
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Bank of Maharashtra board of directors in years:

2.3
Average Tenure
56.5
Average Age
  • The average tenure for the Bank of Maharashtra board of directors is less than 3 years, this suggests a new board.
Board of Directors

Alekha Rout

TITLE
Executive Director
COMPENSATION
₹2M
AGE
58
TENURE
2 yrs

A. Rajeev

TITLE
MD, CEO & Director
AGE
53

Hemant Tamta

TITLE
Executive Director
AGE
56
TENURE
0.3 yrs

R. Thamodharan

TITLE
Shareholders Non-Executive Director
COMPENSATION
₹350K
AGE
58
TENURE
3.8 yrs

Deendayal Agrawal

TITLE
Part-Time Non-Official Director
COMPENSATION
₹570K
AGE
50
TENURE
2.7 yrs

Vandita Kaul

TITLE
Government Nominee Non-Executive Director
AGE
52
TENURE
1.8 yrs

G. Sreekumar

TITLE
RBI Nominee Non-Executive Director
AGE
57
TENURE
4.8 yrs

Archana Dholakia

TITLE
Part-Time Non-Official Director
COMPENSATION
₹490K
AGE
62
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Bank of Maharashtra's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bank of Maharashtra has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MAHABANK News

Simply Wall St News

Financial Metrics For Bank of Maharashtra (NSE:MAHABANK)

As a small-cap bank stock with a market capitalisation of ₹33.44b, Bank of Maharashtra’s (NSE:MAHABANK) risk and profitability are largely determined by the underlying economic growth of the IN regions in which it operates. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like Bank of Maharashtra to vulnerabilities. … High liquidity and low leverage could position Bank of Maharashtra favourably at the face of macro headwinds.

Simply Wall St -

MAHABANK Company Info

Description

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 savings, current, and term deposits, as well as capital gain account schemes. The company also provides term loans, overdrafts, letters of credit, guarantees, and other products, as well as loans for exporters, agriculturists, corporates, entrepreneurs, professionals, and individuals; housing, skill, MSME, educational, vehicle, gold, top up, personal, and consumer loans, as well as salary gain schemes, and schemes for solar water heating and lighting systems; and loans against property. In addition, it offers mobile-point of sale, ATM, DEMAT, Western Union Money Transfer facility, online share trading, executors and trustee, e-SBTR, e-payment, payroll, and door step banking services, as well as ASBA services for corporate houses/institutional investors, such as LIC/GIC/mutual fund companies; and credit and debit cards, bancassurance products, mutual funds, and pension schemes. Further, the company collects direct taxes; and provides non-resident ordinary and external, foreign currency non-resident, and resident foreign currency accounts, as well as inward remittance services. As of March 31, 2018, it had a branch network of 1846 branches in 30 states and 4 union territories; and network of 1864 ATMs. Bank of Maharashtra was founded in 1935 and is headquartered in Pune, India.

Details
Name: Bank of Maharashtra
MAHABANK
Exchange: NSEI
Founded: 1935
₹34,715,350,877
2,598,454,407
Website: http://www.bankofmaharashtra.in
Address: Bank of Maharashtra
Lokmangal, 1501,
Shivajinagar,
Pune,
Maharashtra, 411005,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532525 Equity Shares Mumbai Stock Exchange IN INR 12. Apr 2004
NSEI MAHABANK Equity Shares National Stock Exchange of India IN INR 12. Apr 2004
Number of employees
Current staff
Staff numbers
12,932
Bank of Maharashtra employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 12:44
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2018/06/07
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.