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Intrinsic value · Buy/Sell verdict · scores — free· 1046 Indian stocks· EOD 2026-09-14

Bank of Maharashtra

MAHABANKNSEFinancial Services
₹84.2
-0.15 (-0.18%)
Strong Buy

Quality (96/100) does the heavy lifting; momentum (66/100) is the drag.

Buy zone
The bottom line

Bank of Maharashtra earns a Strong Buy from StocksWizard, with a blended score of 87/100. At ₹84.2 it trades below our blended DCF and relative-multiples fair value of ₹168.4, about 100% upside to that estimate — we read it as undervalued by 100%. On 8.0x trailing earnings it sits cheaper than the Financial Services median of about 24.3x. The price is about 10% below its 52-week high of ₹93.85 and 61% above the low of ₹52.38. Financial health scores 100/100, with a Piotroski F-score of 4/9. The average analyst target of ₹84.67 implies about 1% upside across 3 analysts. It clears 8 of 10 investability checks, with durability 96, valuation 85 and momentum 66 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹168.4up 100.00%
Undervalued by 100%
Price ₹84.2Range ₹154.93₹181.87
Relative (financials)low confidence

With a 20% margin of safety, our buy-below price is ₹134.72. Low-confidence estimate — limited data.

Analyst views

3 analysts2 buy · 1 hold · 0 sell
12-month consensus target₹84.67up 0.55%

1-year price

EOD · 2026-09-14
1D
down 0.18%
1W
down 2.04%
1M
up 3.12%
3M
down 4.52%
6M
up 33.38%
1Y

52-week range

-10.28% from the 52-week high.

Trend check
Above 50-DMA₹82Above 200-DMA₹73

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Strong Buy87
A
Financial health 100/100
From profitability & returns (bank/NBFC)

Piotroski F-score 4/9 — quality of earnings & balance sheet.

Our scores

Durability96
Valuation85
Momentum66

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 8 of 10 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 23.0%
  • No data: Low debt (D/E < 0.5)
  • Fail: Positive free cash flow
  • Pass: Revenue growth > 10%: 22%
  • Pass: Earnings growing: 34%
  • Pass: Net margin ≥ 10%: 53.4%
  • No data: Current ratio > 1.5
  • Pass: Below our fair value
  • Pass: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Pass: Above 50-day average
  • No data: Positive 1-year return
  • No data: Altman Z in safe zone
  • Fail: Piotroski ≥ 7: 4/9

Quarterly results

Revenue · 1Q2026
₹4,641 Cr
Net profit
₹2,045 Cr
Margin
44%
2Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +7%

Annual financials

Revenue · 2026
₹15,802 Cr
Net profit
₹7,017 Cr
Margin
44%
2023
2025
2026
Revenue Net profitLatest revenue YoY +15%

Shareholding

  • Promoter73.6%
  • Institutions16.5%
  • Public & other9.9%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹62,325 Cr
P/E ratio
8.0
P/B ratio
1.75
EPS (TTM)
₹10.1
ROE
23.0%
Debt / Equity
Profit margin
53.4%
Free cash flow
₹-11,758 Cr
52-week high
₹93.85
-10.28% from high
52-week low
₹52.38
Dividend yield
2.8%
Beta
0.77
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (23.0%).
  • Healthy profit margin (53.4%).

Opportunities

  • Earnings growing (34% YoY).
  • Revenue growing (22% YoY).
  • Trading in our value buy zone versus sector peers.
  • Trades ~100% below our estimated fair value.

About Bank of Maharashtra

Bank of Maharashtra operates multiple banking segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations across India. The bank accepts savings, current, term, and recurring deposits while offering capital gain account schemes to customers.

Bank of Maharashtra — frequently asked questions

Is Bank of Maharashtra a buy, hold or sell?

StocksWizard currently rates Bank of Maharashtra (MAHABANK) a Strong Buy, based on a blended score of 87/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Bank of Maharashtra's fair value?

Our blended DCF and relative-valuation model estimates Bank of Maharashtra's fair value at about ₹168.4, versus a current price of ₹84.2 — roughly 100% upside. On that basis the stock looks undervalued by 100%.

Is Bank of Maharashtra financially healthy?

Bank of Maharashtra scores 100/100 on our financial-health model, with a Piotroski F-score of 4/9.

How has Bank of Maharashtra's share price performed?

Bank of Maharashtra is down 5% over three months, and last traded at ₹84.2. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.