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Bank of Maharashtra stock

MAHABANK.NSNSE

Financial ServicesISIN INE457A01014

$0.98▲ $0.02 (+1.8%)Closing price of 12 Nov 2026

77Score 77 out of 100, Strong

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Price and trend

77 / 100

Price history

+59% in one year

The chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 18% above it.

Trend change

Since June 2025 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Overheated: the price has risen very quickly lately (RSI 83).

Distance to the high

The price is 2.2% below its 52-week high. Largest decline in 20 years: 91% (January 2008 to March 2020).

Chart figures for advanced users
SMA 50$0.88
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$0.83
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)83
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$0.60
The lowest closing price of the last twelve months.
Resistance$1.00
The highest closing price of the last twelve months.
Market cap
$7.5B
Div. yield
2.4%
12 months
8.8
Fair value
$1.28

Snapshot

Computed from the data by fixed rules, no AI

  • Bank of Maharashtra belongs to the Banks (Regional) industry (India) and, with a market value of $7.5B, is number 137 of 420 companies in its industry on MEQIRI.
  • In fiscal 2026 it earned $745.81M (up 26.6% year on year).
  • MEQIRI Score 77 out of 100 (Strong): rank 158 of 975 in Financial Services, median 68.
Show more
  • The P/E is 8.8 (Banks (Regional) median 12.9, own median of recent years 9.7).
  • Our model puts fair value at $1.28, with the price 24% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Earnings per share growingUp 58.6% a year since 2021.Growth 100
  • High return on equityReturn on equity 22.9% over the last 12 months.Profitability 73
  • Below fair valuePrice 24% below the fair value of $1.28.Valuation 88

Weaknesses

  • DilutionShare count up 23% since 2021.Capital allocation 52
77/ 100
MEQIRI Score
Strong

Its standout strengths are growth and valuation.

Daily figure as of 13 Nov 2026

How the score is calculated

Score overview

Score since yesterday from 78 to 77.

The fundamentals are strong overall.

Profit consistency70% of years
Cash conversion (free cash flow to earnings)not used for financials
ROE (12 months)22.9%
Positive free cash flownot used for financials
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk not measured

How well MEQIRI warns

For stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.

Valuation

Valuation signal

Significantly undervalued
Price
$0.98
Fair value
$1.28
Gap to fair value
−24%

In our model the price counts as cheap below $0.98 and expensive above $1.82 (uncertainty medium, based on the price swings of the past year).

The two parts of the fair value come to $1.13 (excess return model) and $1.42 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.

Calculated with a cost of equity of 12.6%. At 13.6% the fair value would be $1.19, at 11.6% it would be $1.40.

Valuation metrics

1.89
22.9%
last 12 months, profit over average equity
Fair value (model)
$1.28
Earnings part $1.42 (earnings per share $0.11 × 12.9)

Half from the excess return model, half from earnings times the industry P/E (12.9).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

20 years

In the twelve months to 30 Sep 2026, revenue rose 32.1% on the twelve months before. Revenue has grown strongly since 2007, at around 15% per year.

Margins

20 years
  • Operating margin
  • Net margin

In fiscal 2026: operating 46%, net 41%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.

Debt & balance sheet

latest quarter
1.28
Equity
$3.97B
0.08
Cash & equivalents
$3.67B

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Earnings

Next earnings
14 Feb 2027in 93 days
Last reported
26 Oct 2026EPS reported $0.03

Analyst estimates

Fiscal 20272 analysts
Earnings per share
$0.12+10.5%
Revenue
$2.2B+1.8%
Fiscal 20283 analysts
Earnings per share
$0.13+5.4%
Revenue
$2.61B+2.7%

MEQIRI has stored the estimates since 24 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlook confirmed

Share price after the results: +6.2%

Bank of Maharashtra confirms its full-year guidance, with domestic credit growth above 18% and capital ratios staying above its own targets.

Supporting passage from the call, verbatim
“Going forward, yes, this window is not there, but coming on the domestic side, I have the guidance number of 18%, and other than IBU, we have grown 23%.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 26 Oct 2026 (fiscal Q2 2027), read by AI.

What happened at Bank of Maharashtra

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

975 rated companies in Financial Services

Rank 158 of 975
158/ 975
This company
77
Sector median
68

Categories against the sector median

ProfitabilityMedian of 975 companies73 (median 57)16 above the median
GrowthMedian of 975 companies100 (median 67)33 above the median
FundamentalsMedian of 975 companies73 (median 80)7 below the median
ValuationMedian of 928 companies with a value88 (median 74)14 above the median
StabilityMedian of 975 companies64 (median 78)14 below the median
Capital allocationMedian of 975 companies52 (median 56)4 below the median
Technical analysisMedian of 975 companies77 (median 68)9 above the median
MomentumMedian of 975 companies88 (median 69)19 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Banks (Regional)

The next larger and next smaller companies by market value

All 420 Banks (Regional) stocks

ETFs that hold Bank of Maharashtra

Held by 9 ETFs on Xetra. Shown per index: the ETF with the largest weight.

Show 3 more

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 12 Sep 2025)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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