Bank of Maharashtra

• Board Meeting was held on Jan 19, 2021

  Meeting Agenda: Quarterly Results. Please add to watchlist to track closely.

• Net Interest Margin - Uptrend

  Company is able to expand its net interest margin on a continuous basis over the last 3 years with margins of 2.53% in last year. (Source: Consolidated Financials)

• Sell Signal: Bearish trend in offing

  5 day moving crossover appeared today. Average price decline of -2.76% within 7 days of this signal in last 5 years.

• Stock Returns vs Nifty Midcap 100

  Stock gave a 3 year return of -23.81% as compared to Nifty Midcap 100 which gave a return of 3.1%. (as of last trading session)

• PE Ratio(x)21.57
• EPS - TTM(₹)0.70
• MCap(₹ Cr.)9,938.64
• MCap Rank24
• PB Ratio(x)0.96
• Div Yield(%)0.00
• Face Value(₹)10.00
• 52W High(₹)16.45
• 52W Low(₹)8.00
• MCap/Sales0.45
• Beta(1 Month)0.95
• BV/Share(₹)16.63

• PE Ratio(x)21.65
• EPS - TTM(₹)0.70
• MCap(₹ Cr.)9,912.40
• MCap Rank23
• PB Ratio(x)0.97
• Div Yield(%)0.00
• Face Value(₹)10.00
• 52W High(₹)16.45
• 52W Low(₹)7.71
• MCap/Sales0.45
• Beta(1 Month)0.95
• BV/Share(₹)16.63

• 1 Day-6.25%
• 1 Month23.46%
• 3 Months28.76%
• 1 Year8.3%
• 3 Years-28.57%
• 5 Years-47.0%

• 1 Day-6.29%
• 1 Month23.85%
• 3 Months29.49%
• 1 Year8.58%
• 3 Years-28.96%
• 5 Years-47.07%

• Bank of Maharashtra looks to raise up to Rs 1,000 crore in fourth quarter

  News

• Bank of Maharashtra Q3 results: Profit rises 14% to Rs 154 cr

  News

• Press Release And Presentation Of Financial Results For Quarter/ Nine Months Ended 31..

  Announcements

• Unaudited Financial Results Of The Bank For The Third Quarter / Nine Months Ended 31S..

  Announcements

• Income (P&L)

  • Net Interest Margin - Uptrend

    Company is able to expand its net interest margin on a continuous basis over the last 3 years with margins of 2.53% in last year. (Source: Consolidated Financials)

  • Quarterly Topline Performance

    Company witnessed QoQ revenue growth of 7.77%, which is highest in the last 3 years. (Source: Standalone Financials)

  QuarterlyAnnual	Dec 2020	Sep 2020	Jun 2020	Mar 2020	Dec 2019
  Total Income	3,577.36	3,319.34	3,265.11	3,198.52	3,455.25
  Total Income Growth (%)	7.77	1.66	2.08	-7.43	4.54
  Provisions & Contingencies	497.69	420.92	608.94	910.11	982.96
  Provisions & Contingencies Growth (%)	18.24	-30.88	-33.09	-7.41	234.68
  Profit after Tax (PAT)	155.74	141.67	105.07	53.78	131.90
  PAT Growth (%)	9.93	34.83	95.37	-59.23	6.33
  Gross NPA (%)	7.69	8.81	10.93	12.81	16.77
  Net NPA (%)	2.59	3.30	4.10	4.77	5.46
  Net Profit Margin (%)	4.35	4.27	3.22	1.68	3.82
  Basic EPS (₹)	0.24	0.23	0.18	0.10	0.23

  QuarterlyAnnual	Dec 2020	Sep 2020	Jun 2020	Mar 2020	Dec 2019
  Total Income	3,577.00	3,319.01	3,264.81	3,198.30	3,458.59
  Total Income Growth (%)	7.77	1.66	2.08	-7.53	4.94
  Provisions & Contingencies	497.74	420.92	608.94	910.11	917.42
  Provisions & Contingencies Growth (%)	18.25	-30.88	-33.09	-0.80	155.39
  Profit after Tax (PAT)	154.07	130.07	101.02	57.57	135.26
  PAT Growth (%)	18.45	28.76	75.47	-57.44	17.97
  Gross NPA (%)	7.69	8.81	10.93	12.81	16.77
  Net NPA (%)	2.59	3.30	4.10	4.77	5.46
  Net Profit Margin (%)	4.31	3.92	3.09	1.80	3.91
  Basic EPS (₹)	0.23	0.21	0.17	0.10	0.23

  QuarterlyAnnual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
  Total Income	13,145.76	12,398.11	12,636.16	13,586.79	14,073.08
  Total Income Growth (%)	6.03	-1.88	-7.00	-3.46	2.93
  Provisions & Contingencies	2,458.75	6,981.83	3,337.30	3,199.78	2,244.67
  Provisions & Contingencies Growth (%)	-64.78	109.21	4.30	42.55	17.86
  Profit after Tax (PAT)	398.84	-4,763.25	-1,112.03	-1,356.09	118.18
  PAT Growth (%)	-	-	-	-1,441.52	-77.59
  Net Interest Margin (%)	2.53	2.26	2.16	1.99	2.40
  Net Profit Margin (%)	3.46	-43.90	-10.02	-11.24	0.90
  Basic EPS (₹)	0.69	-17.30	-4.27	-11.61	1.06

  QuarterlyAnnual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
  Total Income	13,144.67	12,397.06	12,602.46	13,570.03	14,072.28
  Total Income Growth (%)	6.03	-1.63	-7.13	-3.57	2.93
  Provisions & Contingencies	2,458.48	6,981.49	3,337.05	3,199.58	2,244.49
  Provisions & Contingencies Growth (%)	-64.79	109.21	4.30	42.55	17.86
  Profit after Tax (PAT)	388.58	-4,783.88	-1,145.65	-1,372.51	100.69
  PAT Growth (%)	-	-	-	-1,463.17	-77.66
  Net Interest Margin (%)	2.53	2.26	2.16	1.99	2.40
  Net Profit Margin (%)	3.38	-44.09	-10.32	-11.37	0.77
  Basic EPS (₹)	0.67	-14.26	-8.98	-11.75	0.91

  All figures in Rs Cr, unless mentioned otherwise

• Balance Sheet

  Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
  Advances	86,871.65	82,666.21	85,797.28	95,515.23	1,07,562.67
  Advances Growth (%)	5.09	-3.65	-10.17	-11.20	9.09
  Deposits	1,50,050.02	1,40,636.23	1,38,966.61	1,39,040.20	1,38,979.99
  Deposits Growth (%)	6.69	1.20	-0.05	0.04	13.82
  Total Equity	10,909.18	5,883.08	10,066.97	7,468.92	8,860.12
  Total Equity Growth (%)	85.43	-41.56	34.78	-15.70	9.08
  Gross NPA (%)	-	-	-	-	-
  Net NPA (%)	-	-	-	-	-
  Capital Adequacy Ratios (%)	-	-	-	-	-
  Contingent Liabilities	29,491.85	27,054.54	23,584.24	29,329.21	25,817.68

  Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
  Advances	86,871.65	82,666.21	85,797.28	95,515.23	1,07,562.67
  Advances Growth (%)	5.09	-3.65	-10.17	-11.20	9.09
  Deposits	1,50,066.40	1,40,650.09	1,38,981.18	1,39,052.84	1,38,989.82
  Deposits Growth (%)	6.69	1.20	-0.05	0.05	13.82
  Total Equity	10,755.28	5,739.44	9,943.96	7,379.52	8,787.14
  Total Equity Growth (%)	87.39	-42.28	34.75	-16.02	8.92
  Gross NPA (%)	12.81	16.40	19.48	16.93	9.34
  Net NPA (%)	4.77	5.52	11.24	11.76	6.40
  Capital Adequacy Ratios (%)	13.52	11.86	11.00	11.18	11.20
  Contingent Liabilities	29,491.85	27,054.54	23,584.24	29,329.21	25,817.68

  All figures in Rs Cr, unless mentioned otherwise

• Cash Flows

  • Decrease in Cash from Investing

    Company has used Rs 99.73 cr for investing activities which is an YoY decrease of 20.81%. (Source: Consolidated Financials)

  Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
  Net Cash flow from Operating Activities	693.36	-10,822.68	-1,723.43	7,498.30	2,904.43
  Net Cash used in Investing Activities	-99.73	-125.93	-134.44	-98.94	-151.00
  Net Cash flow from Financing Activities	698.43	4,219.56	1,099.80	-77.49	-186.40
  Net Cash Flow	1,292.07	-6,729.06	-758.07	7,321.87	2,567.03
  Closing Cash & Cash Equivalent	10,447.02	9,154.96	15,884.01	16,642.08	9,320.21
  Closing Cash & Cash Equivalent Growth (%)	14.11	-42.36	-4.56	78.56	38.01

  Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
  Net Cash flow from Operating Activities	702.88	-10,822.68	-1,723.39	7,498.11	2,885.41
  Net Cash used in Investing Activities	-109.24	-125.93	-134.44	-98.74	-131.97
  Net Cash flow from Financing Activities	698.43	4,219.56	1,099.77	-77.49	-186.40
  Net Cash Flow	1,292.06	-6,729.06	-758.06	7,321.87	2,567.03
  Closing Cash & Cash Equivalent	10,446.97	9,154.90	15,883.96	16,642.02	9,320.15
  Closing Cash & Cash Equivalent Growth (%)	14.11	-42.36	-4.56	78.56	38.01

  All figures in Rs Cr, unless mentioned otherwise

• Ratios

  Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
  Return on Equity (%)	4.13	-105.61	-11.04	-21.65	1.56
  Return on Assets (%)	0.23	-2.89	-0.71	-0.85	0.07
  Cost to Income (%)	42.14	81.18	47.81	44.57	34.09
  Interest income to Earning assets (%)	6.80	6.58	7.09	7.56	8.10
  Interest Expense to Earning assets (%)	4.26	4.32	4.92	5.57	5.69
  Price to Earnings (x)	13.04	-0.79	-3.18	-2.90	28.82
  Price to Book (x)	0.54	0.84	0.35	0.63	0.45
  Price to Sales (x)	0.45	0.35	0.32	0.33	0.26
  Operating Profit Margin (%)	-10.96	-58.35	-23.89	-23.88	-7.04

  Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
  Return on Equity (%)	4.09	-109.56	-11.52	-22.23	1.34
  Return on Assets (%)	0.23	-2.90	-0.73	-0.86	0.06
  Cost to Income (%)	42.14	81.18	47.93	44.62	34.09
  Interest income to Earning assets (%)	6.80	6.59	7.09	7.57	8.10
  Interest Expense to Earning assets (%)	4.27	4.32	4.92	5.57	5.69
  Price to Earnings (x)	13.37	-0.79	-3.09	-2.86	33.90
  Price to Book (x)	0.55	0.86	0.36	0.64	0.45
  Price to Sales (x)	0.45	0.35	0.32	0.33	0.26
  Operating Profit Margin (%)	-10.96	-58.35	-23.89	-23.88	-7.03

• Buy/Sell Signals

  5 Day EMA Crossover

  Bearish signal on daily chart

  Appeared on: 21 Jan 2021

  5D EMA: 15.23

  Last Signal 6 Jan 2021 (Loss 0.37%)

  Average price decline of -2.76% within 7 days of Bearish signal in last 5 years

  Heikin-Ashi Changeover

  Bearish indication on daily chart

  • Prev. Close Price

    15.56

  • LTP

    15.00

  Formed on: 21 Jan 2021

  On daily price chart, Heikin-Ashi candle changed from Green to Red

• Price Analysis
  35%

  Positive Movement
  since 1st Jan 2005
  on basis

  61%

  Negative Movement
  since 1st Jan 2005
  on basis

  Exclude

  Global Meltdown1st Jan 2008 to 10th Nov 2008

  Covid Crisis1st Feb 2020 to 31st Mar 2020

• Pivot Levels

  R1	15.90	Pivot 15.35	S1	14.45
  R2	16.80		S2	13.90
  R3	18.25		S3	12.45

• Average True Range

  5 Days	14 Days	28 Days
  0.97	0.81	0.70

• Stock Performance

  • Stock Returns vs Nifty Midcap 100

    Stock gave a 3 year return of -23.81% as compared to Nifty Midcap 100 which gave a return of 3.1%. (as of last trading session)

  • Stock Returns vs Nifty Bank

    Stock generated -23.81% return as compared to Nifty Bank which gave investors 20.5% return over 3 year time period. (as of last trading session)

  • CHART
  • TABLE

  • 1D
  • 1W
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y

  • Choose from Peers

    Choose from Stocks

  NAME	1D	1W	1M	3M	1Y	3Y	5Y
  Bank of Maha	-6.25	1.69	23.46	28.76	8.30	-28.57	-47.00
  Bank of Baroda	-3.96	0.13	29.76	79.32	-19.47	-53.87	-38.59
  IDBI Bank	-4.06	-13.10	-28.61	-27.66	-23.81	-55.08	-52.86
  Canara Bank	-4.12	-4.86	24.69	53.27	-37.90	-62.48	-22.18
  Union Bank India	-1.70	-4.07	10.40	30.53	-38.45	-77.47	-72.11
  Add More

  All values in %

  Choose from Peers

  • IOB
  • Bank of India
  • UCO Bank
  • Indian Bank
  • Central Bank Ind

  Choose from Stocks
• Ratio Performance

  • Stock Returns vs Nifty Midcap 100

    Stock gave a 3 year return of -23.81% as compared to Nifty Midcap 100 which gave a return of 3.1%. (as of last trading session)

  • Stock Returns vs Nifty Bank

    Stock generated -23.81% return as compared to Nifty Bank which gave investors 20.5% return over 3 year time period. (as of last trading session)

  NAME	P/E (x)	P/B (x)	ROE %	ROA %	Rev CAGR [3Yr]	OPM	NPM	NIM %	Cost to Income %	Interest income to Earning assets %	Net NPA %	Capital Adequacy Ratio %
  Bank of Maha	21.57	0.90	4.13	0.23	-1.08	-10.96	3.46	2.53	42.14	6.80	4.77	13.52
  Bank of Baroda	105.91	0.46	1.21	0.07	20.01	-14.25	1.17	2.40	44.02	6.57	3.13	13.30
  IDBI Bank	-5.76	0.84	-45.30	-4.26	-7.21	-83.81	-61.54	2.33	96.10	6.93	4.19	13.31
  Canara Bank	-12.00	0.53	-5.69	-0.26	7.60	-27.77	-3.99	1.88	45.10	6.71	4.22	13.65
  Union Bank India	-15.89	0.60	-10.16	-0.56	4.15	-23.55	-8.32	2.09	47.31	6.74	5.49	12.81
  Add More

  Annual Ratios (%)

  Choose from Peers

  • IOB
  • Bank of India
  • UCO Bank
  • Indian Bank
  • Central Bank Ind

  Choose from Stocks

• QoQ Change
  Category	31 Dec 2020	30 Sep 2020	30 Jun 2020	31 Mar 2020
  Promoters	93.33	93.33	92.49	92.49
  Pledge	0.00	0.00	0.00	0.00
  FII	0.09	0.10	0.13	0.13
  DII	3.51	3.51	3.98	3.98
  Mutual Funds	0.03	0.01	0.03	0.03
  Others	3.07	3.06	3.40	3.40

• Total Shareholdings
  Category	No. of Shares	Percentage	% Change QoQ
  Promoters	6,12,26,27,927	93.33 %	0.00
  Pledge	0	0.00 %	0.00
  FII	58,14,438	0.09 %	-0.01
  DII	23,02,70,635	3.51 %	0.00
  MF	16,94,141	0.03 %	0.02
  Others	20,14,45,901	3.07 %	0.01

• Kotak PSU Bank ETF

  Equity: Sectoral-Banking

  • 0.89

    Amount Invested (in Cr.)

  • 1.46%

    % of AUM

  • 44.42

    % Change (MoM basis)

• Nippon India ETF PSU Bank BeES

  Equity: Sectoral-Banking

  • 0.80

    Amount Invested (in Cr.)

  • 1.56%

    % of AUM

  • 4.77

    % Change (MoM basis)

• Motilal Oswal Nifty Smallcap 250 Index Fund Direct-G

  Equity: Small Cap

  • 0.11

    Amount Invested (in Cr.)

  • 0.12%

    % of AUM

  • 7.78

    % Change (MoM basis)

• Recent

  Board Meeting

  Quarterly Results

  Oct 13, 2020

  General Meeting

  Book closure from Aug 5, 2020 to Aug 11, 2020

  Jul 16, 2020

  Board Meeting

  To consider raising of funds

  Jul 07, 2020

• Board Meetings

  Announced on	Meeting on
  Oct 13, 2020	Oct 19, 2020
  Quarterly Results
  Jul 21, 2010	Jul 23, 2020
  Quarterly Results
  Jul 07, 2020	Jul 10, 2020
  To consider raising of funds
  Jun 10, 2020	Jun 16, 2020
  Audited Results
  Jan 08, 2020	Jan 20, 2020
  Quarterly Results

• Dividends

  Announced on	Ex-Date	Dividend%
  May 14, 2015	Jun 19, 2015	8%
  Jan 23, 2014	Feb 06, 2014	10%
  Apr 29, 2013	May 30, 2013	23%
  May 05, 2012	Jun 14, 2012	22%
  Apr 30, 2011	Jun 16, 2011	20%

• Bonus

  No Data Available

• Splits

  No Data Available

• Rights

  No Data Available

• AGM/EGM Meetings

  Announced on	Meeting on
  Jul 16, 2020	Aug 11, 2020
  Book closure from Aug 5, 2020 to Aug 11, 2020
  Apr 23, 2020	May 28, 2020
  -
  Apr 23, 2020	-
  (Cancelled)
  Apr 23, 2020	-
  (Cancelled)
  Apr 23, 2020	-
  (Cancelled)

Bank of Maharashtra, incorporated in the year 1935, is a banking company (having a market cap of Rs 9840.24 Crore).Bank of Maharashtra key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 6409.27 Crore to Sales Value (55.75 % of Total Sales), Income From Investment which contributed Rs 4202.69 Crore to Sales Value (36.55 % of Total Sales), Interest which contributed Rs 642.50 Crore to Sales Value (5.58 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 240.98 Crore to Sales Value (2.09 % of Total Sales)for the year ending 31-Mar-2020. The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 8072.43 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 2579.60 Crore (.00% of total assets).For the quarter ended 31-12-2020, the company has reported a Consolidated Interest Income of Rs 1878.22 Crore, up 9.98 % from last quarter Interest Income of Rs 1707.72 Crore and up 10.94 % from last year same quarter Interest Income of Rs 1692.97 Crore. The bank has reported net profit after tax of Rs 154.48 Crore in latest quarter.The bank’s top management includes Dr.Archana R Dholakia, Mr.A C Rout, Mr.A S Rajeev, Mr.G Sreekumar, Mr.Hemant Tamta, Mr.Manoj Kumar Verma, Mr.R Thamodharan, Ms.Vandita Kaul. It has K Gopal Rao & Co. as its auditoRs As on 31-12-2020, the company has a total of 6,560,158,901 shares outstanding. Show More

Bank of Maharashtra share price moved down by -6.25% from its previous close of Rs 16.00. Bank of Maharashtra stock last traded price is 15.00

Bank of Maharashtra share price moved down by -6.29% from its previous close of Rs 16.07. Bank of Maharashtra stock last traded price is 15.06

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