Synopsis:- Shares surged nearly 6% after strong Q4, backed by 15% NII growth and steady momentum. Guidance remains positive with 16–17% business growth, 18% loan expansion, RoE above 20%, and GNPA below 2%, indicating improving efficiency and asset quality.
The shares of the leading public sector bank jumped 6 percent in today’s trading session from an intraday high after the company reported robust performance in Q4FY26 & management has guided for total business growth.
With a market capitalization of Rs 60,609.45 crore, the shares of Bank of Maharashtra were trading at Rs 78.80 per share, increasing around 5 percent as compared to the previous closing price of Rs 75.66 apiece.
Q4FY26 Highlights
The bank delivered a strong operational performance in Q4FY26, with Net Interest Income rising 15% YoY from ₹6,731 crore to ₹7,755 crore. Sequentially, NII grew 5% from ₹7,344 crore, indicating steady momentum. Meanwhile, net profit surged 36% YoY to ₹2,045 crore and 14% QoQ, reflecting improving margins and healthy core income growth.
Furthermore, the full-year performance remained robust, with NII increasing 17% from ₹24,947 crore in FY25 to ₹29,282 crore in FY26. Net profit also rose 27% to ₹7,017 crore, highlighting consistent earnings expansion. Overall, sustained growth across key metrics suggests strong business traction, supported by stable asset quality and efficient cost management.
The bank’s outlook remains optimistic, with management guiding for overall business growth of 16–17% for FY25. Advances are expected to grow faster at 18%, while deposits are likely to rise 14–15%, indicating balanced expansion. This reflects continued focus on credit growth alongside stable liability mobilisation, supporting sustainable business momentum going forward.
Moreover, profitability metrics are expected to remain strong, with RoA guided at 1.8% and RoE at 20% or higher. CASA growth is seen around 5%, while the higher-yielding RAM segment is projected to grow 18%. The bank aims to maintain a balanced RAM-to-corporate mix of 60:40, ensuring diversification and better margin stability.
At the same time, asset quality outlook appears robust, with GNPA expected below 2% and NNPA within 0.2%. Slippages are guided under 1%, while credit cost is likely around 1%. Additionally, a high provision coverage ratio of 98% and CRAR of 18% indicate strong balance sheet resilience and adequate capital buffers.
Bank of Maharashtra is a leading public sector bank in India, headquartered in Pune. It offers a wide range of banking and financial services, including retail, corporate, and MSME lending. The bank has been steadily improving its asset quality, profitability, and expanding its presence across the country.
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