Bank of Maharashtra Earnings Summary — Q1 FY2027
Bank of Maharashtra Posts Strong Q1 FY27 Performance with 26.8% Net Profit Growth
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 10 consecutive quarters.
- Revenue of ₹8,035 Cr is 13.9% higher year-on-year.
- Revenue has compounded at 18.7% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹2,023 Cr is 34.5% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 24.8% annualised across the period.
- Operating margin stands at 68.6% in Q1 FY2027.
- Operating margin expanded by 284 bps year-on-year.
- Over the last two years operating margin has expanded by 860 bps.
- PBT margin is 28.3%.
- Expense growth of 4.5% remained below revenue growth of 13.9%.
- Operating profit of ₹5,513 Cr is 18.8% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 85/100 (Excellent) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 8,035 | 7,755 | 7,344 | 7,128 | 7,054 | 6,731 | 6,325 | 6,017 | 5,875 | 5,467 |
| Expenses | Stable | 2,522 | 2,312 | 2,348 | 2,275 | 2,414 | 2,561 | 2,269 | 2,219 | 2,349 | 2,339 |
| Operating Profit | Improving | 5,513 | 5,444 | 4,996 | 4,854 | 4,640 | 4,170 | 4,056 | 3,799 | 3,525 | 3,128 |
| Operating Margin | Stable | 68.6% | 70.2% | 68.0% | 68.1% | 65.8% | 62.0% | 64.1% | 63.1% | 60.0% | 57.2% |
| Other Income | Stable | 1,029 | 938 | 933 | 846 | 825 | 981 | 788 | 792 | 894 | 1,022 |
| Interest | Improving | 4,264 | 4,052 | 3,922 | 3,880 | 3,762 | 3,614 | 3,381 | 3,210 | 3,075 | 2,882 |
| Depreciation | Insufficient data | — | — | — | — | — | — | — | — | — | — |
| Profit Before Tax | Improving | 2,277 | 2,330 | 2,008 | 1,819 | 1,703 | 1,537 | 1,463 | 1,380 | 1,344 | 1,268 |
| Tax | Strong Uptrend | 257 | 315 | 228 | 185 | 110 | 44 | 56 | 53 | 50 | 50 |
| Net Profit | Improving | 2,023 | 2,045 | 1,799 | 1,669 | 1,504 | 1,502 | 1,412 | 1,333 | 1,295 | 1,230 |
| Net Margin | Stable | 25.2% | 26.4% | 24.5% | 23.4% | 21.3% | 22.3% | 22.3% | 22.1% | 22.1% | 22.5% |
Key Takeaways
- Net Profit significantly increased YoY by 34.5% to ₹2,023 crore, though it remained largely flat on a sequential basis.
- Global Advances showed robust growth of 26.9% YoY, reaching ₹3,05,964 crore, driven by RAM (Retail, Agri, MSME) and Corporate segments.
- Asset quality continued its improving trend with Gross NPA declining to 1.45% and Net NPA reaching a decade-low of 0.13%.
- Net Interest Income (NII) grew by 14.53% YoY to ₹3,770 crore, supported by a healthy Net Interest Margin (NIM) of 3.95%.
- Total Business Crossed the ₹6.5 lakh crore mark, representing a 19.10% YoY growth.
- Capital Adequacy remains strong, supporting the bank's strategy for credit expansion in both domestic and overseas markets.
Management Guidance
Management remains focused on maintaining a healthy CD ratio (88.82% currently) and continuing the expansion of RAM advances to sustain NIMs. The bank anticipates continued economic momentum with India's GDP projected at 6.6% for FY 2026-27.
Sentiment Shift
Stable
The bank continues its multi-quarter streak of improving asset quality and consistent double-digit growth in profitability and advances.
Outlook
The outlook is positive driven by strong credit demand, particularly in the MSME and Retail sectors, alongside best-in-class asset quality metrics among public sector banks.
From the Annual Report (Key Quotes)
“Net Profit: +26.84% (Q1 FY27 vs Q1 FY26)”
“Net NPA % at 0.13% vs 0.18% in the previous year corresponding quarter.”
“Total Business reaches ₹6,50,457 crore, a 19.10 % growth YoY.”
Official Quarterly Documents
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This summary is AI-generated from Bank of Maharashtra's latest quarterly filing and earnings call. For informational purposes only — not investment advice.