Bank of Maharashtra Announces Financial Results for FY 2025-26; Recommends 12% Final Dividend

Bank of Maharashtra Announces Financial Results for FY 2025-26; Recommends 12% Final Dividend​

Bank of Maharashtra announced its financial results for the quarter and year ended March 31, 2026, following its Board of Directors meeting on April 20, 2026. The Bank also highlighted plans for significant capital augmentation and infrastructure bond issuance.

During the board meeting, the directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Furthermore, the Bank recommended a final dividend of 12%, amounting to Rs. 1.20 per equity share of Rs. 10 each for the Financial Year (FY) 2025-26. This dividend recommendation is subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). This final dividend is in addition to the interim dividend of Rs. 1.00 per equity share (10%) previously declared and paid.

Capital Raising and Funding Plans​

In terms of future funding, the Bank outlined several avenues for raising capital. Management recommended raising up to Rs. 7,500 crore through equity capital. This could be achieved via methods such as preferential allotment to GOI/LIC/FI, Qualified Institutional Placement (QIP), Follow-on Public Offer (FPO), Rights/ESPS Issue, or Basel III Additional Tier I and Tier II Bonds.

Additionally, the Bank plans for two major tranches of funding:

• Issuance of Long-Term Infra Bonds up to Rs. 10,000 crore during FY 2026-27.
• Raising long-term funds by issuing foreign currency bonds up to USD 500 million in multiple tranches during FY 2026-27.

Financial Highlights for FY 2025-26​

The audited financial results provided a detailed view of the Bank’s performance for the year ended March 31, 2026. Comparing the Standalone and Consolidated figures reveals the overall financial position of the institution.

Based on the consolidated figures for the year ended March 31, 2026, the Bank recorded a Net Profit after Tax of Rs. 702,064 (in lakhs).

A comparison of key financial metrics (figures in lakhs):

The detailed segment reporting for the year also provides insight into performance across different verticals. For the year ended March 31, 2026, the total revenue reached 3,281,994 (in lakhs), with the segment results showing a total profit before tax of 785,541 (in lakhs).

The Bank’s Standalone financial report for the year also indicated the following notable figures:

• Interest Earned: Rs. 2,249,031 lakhs.
• Other Income: Rs. 354,089 lakhs.
• Total Expenditure (Operating): Rs. 2,199,671 lakhs.
• Operating Profit: Rs. 1,082,582 lakhs.
• Net Profit after Tax: Rs. 701,932 lakhs.

The bank’s consolidated total assets stood at 42,747,102 lakhs as of March 31, 2026.

Governance and Compliance​

The Board of Directors confirmed that the Statutory Central Auditors have issued their Audit Report with an unmodified opinion for the Audited Financial Results for the Standalone and Consolidated entities for the financial year ended March 31, 2026.

For the quarter ended March 31, 2026, the Bank noted the following movement in its cash position:

• Cash and Cash equivalents at the end of the year: 266,45,31 lakhs (Standalone).
• Total Cash Flow During the Year (Operating): -109,88,79 lakhs (Standalone).
• Net Cash Flow From Investing Activities: -8,53,41 lakhs (Standalone).
• Net Cash Flow From Financing Activities: -26,07.12 lakhs (Standalone).

MAHABANK Stock Price Movement​

Shares of Bank of Maharashtra are edging higher to ₹74.27 as of 3:09 PM today, gaining 2.12% in live trading. The stock is witnessing significant activity, with total traded volume reaching 25.63 million shares.

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