Bank of Maharashtra

Bank of Maharashtra FY26 Results & FY27 Outlook 📈

• Total business grew 17% in FY26, with advances up 22% and deposits up 14%

• Net profit increased 27% year-on-year to ₹7,019 crores

• Operating profit rose 16% to ₹10,826 crores

• Net Interest Margin (NIM) for FY26 was 3.91%, exceeding guidance

• Q4 NIM was 3.95%

• Return on Assets (ROA) reached 1.86% for FY26

• Return on Equity (ROE) stood at 23.19%

• Asset quality improved significantly: Gross NPA at 1.45% (down 29 bps), Net NPA at 0.13% (down 5 bps)

• CASA ratio remained robust at 52.51%, with CASA deposits growing 12%

• Recovery from written-off accounts was ₹1,423 crores in FY26

• Capital adequacy maintained with CET1 at 14.59% and CRAR at 18.36%

• Government holding reduced to 73.60%, while FII and DII shareholding increased

• FY27 guidance: Total business growth 16-17%, advances growth 18%, NIM 3.75%, ROA 1.80%

• Created ₹200 crores provision for global geopolitical uncertainties

• Management focus areas for FY27: Growing fee-based income and deposits while maintaining asset quality and profitability