DBT Bureau
Pune, 21 April 2026
- Total Business grew by 17.47 % to ₹ 642,531 crore.
- Total Deposits increased by 14.14 % to ₹ 350,564 crore.
- Gross Advances increased by 21.74 % to ₹ 291,967 crore.
- Credit – Deposit (CD) Ratio stood at 83.28 %.
- Gross NPA declined to 1.45 %.
- Net NPA reduced to 0.13 %.
- Provision Coverage Ratio improved to 98.59 %.
- Operating profit grew by 16.17 % to ₹ 10,826 crore.
- Net Profit increased by 27.17 % to ₹ 7,019 crore.
- Net Interest Income increased by 17.13 % to ₹ 13,664 crore.
- Domestic Net Interest Margin (NIM) stood at 3.91 p%.
- Cost to Income Ratio stood at 37.08 %.
- Return on Assets (ROA) improved to 1.86 %.
- Return on Equity (ROE) improved to 23.19 %.
- CRAR stood at 18.36 % of which Tier I is 15.41 %.
Bank of Maharashtra reported strong Q4FY26 results, with net profit rising 35% YoY to ₹2,014 crore, supported by robust loan growth, improved margins, and continued strengthening in asset quality.
Profitability (Quarter Ended Mar 31st, 2026)
- Net Profit increased by 34.89 % to ₹ 2,014 crore in Q4FY26 on Y-o-Y basis as against ₹ 1,493 crore for Q4FY25. The same is increased by 13.19 % on a Q-o-Q sequential basis.
- Operating Profit has shown a growth of 16.92 % on Y-o-Y basis to ₹ 2,946 crore for Q4FY26 as against ₹ 2,520 crore for Q4FY24.The same has improved by 7.69 % on a Q-o-Q basis.
- Net Interest Income (NII) grew by 18.81 % on Y-o-Y basis to ₹ 3,702 crore in Q4FY26 as against ₹ 3,116 crore for Q4FY25. The same is increased by 8.19 % on a Q-o-Q sequential basis.
- Net Revenues (Net Interest income plus other income) for Q4FY26 improved by 13.26 % from ₹ 4097 crore for Q4FY25 to ₹4640 crore for Q4FY26. The same is increased by 6.55 % on a Q-o-Q sequential basis.
- Cost to Income Ratio improved to 36.51% for Q4FY26 as against 38.50 % for Q4FY25. The same was 37.19 % for the quarter ended 31.12.2025.
- Return on Assets (ROA) improved to 1.97 % for Q4FY26 against 1.78 % for Q4FY25.
Profitability (Year Ended Mar 31st, 2026)
- Net Profit increased by 27.17 % to ₹ 7,019 crore on Y-o-Y basis against ₹ 5,520 crore for the year ended 31.03.2025.
- Operating Profit has shown a growth of 16.41 % to ₹ 10,826 crore on Y-o-Y basis against ₹ 9319 crore for the year ended 31.03.2025.
- Net Interest Income (NII) grew by 17.13% on Y-o-Y basis to ₹ 13,664 crore for the year ended 31.03.2026 as against ₹ 11,666 crore for the year ended 31.03.2025.
- Fee based income increased by 6.97 % on Y-o-Y basis to ₹1862 crore for the year ended 31.03.2026.
- Cost to Income Ratio improved to 37.08 % for the year ended 31.03.2026 as against 38.37 % for the year ended 31.03.2025.
- Return on Assets (ROA) improved to 1.86 % for the year ended 31.03.2026 against 1.75 % for the year ended 31.03.2025.
- Return on Equity (ROE) improved to 23.19 % for the year ended 31.03.2026.
Assets & Liabilities (As on March 31st, 2026)
- Total Business grew by 17.47 % on Y-o-Y basis to ₹ 642,531 crore.
- Total Deposits increased by 14.14 % on Y-o-Y basis to ₹ 350,564 crore.
- Gross Advances grew by 21.74 % on Y-o-Y basis to ₹ 291,967 crore.
- Net Advances grew by 22.03 % on Y-o-Y basis to ₹ 288,104 crore.
- RAM (Retail, Agri. & MSME) Business grew by 20.74 % on Y-o-Y basis. Retail advances grew by 32.39 % to ₹ 85,857 crore on Y-o-Y basis. MSME advances grew by % 10.71 on Y-o-Y basis to ₹ 53,547 crore.
- Capital Adequacy: (As on March 31st, 2026)
- Total Basel III Capital adequacy ratio improved to 18.36% with Common Equity Tier 1 ratio of 14.59%.
Asset quality: (As on March 31st, 2026)
- Gross NPA improved to 1.45 % as on 31.03.2026 against 1.74 % as on 31.03.2025. The same was 1.60 % as on 31.12.2025.
- Net NPA improved to 0.13 % as on 31.03.2026 against 0.18 % as on 31.03.2025. The same was 0.15 % as on 31.12.2025.
- Provision Coverage ratio stood at 98.59 % as on 31.03.2026 as against 98.26 % as on 31.03.2025. The same was 98.41 % as on 31.12.2025.
Dividend
Final Dividend @12% (i.e. @ 1.20 per equity share) is proposed for the year 2025-26. The same is in addition to interim dividend declared and paid @ 10% i,e ₹ 1.00 per share.
Profitability (₹ in crore)
| Particulars | Mar 25 | Dec 25 | Mar 26 | YoY (%) | QoQ (%) |
|---|---|---|---|---|---|
| Total Income | 7,711 | 8,277 | 8,693 | 12.73 | 5.03 |
| Total Expenses | 5,192 | 5,541 | 5,747 | 10.70 | 3.71 |
| Operating Profit | 2,520 | 2,736 | 2,946 | 16.92 | 7.69 |
| Provisions & Cont. (excl. tax) | 983 | 728 | 617 | (37.25) | (15.27) |
| Profit Before Tax | 1,536 | 2,007 | 2,329 | 51.58 | 16.02 |
| Tax Expense | 43 | 228 | 315 | 625.64 | 38.13 |
| Net Profit | 1,493 | 1,779 | 2,014 | 34.89 | 13.19 |
