By Helgi Library - November 2, 2019
Bank of Maharashtra made a net profit of INR -47.6 bil under revenues of INR 52.8 bil in 2018, up -328% and 7.87% respectively compar...
By Helgi Library - November 2, 2019
Bank of Maharashtra made a net profit of INR -47.6 bil under revenues of INR 52.8 bil in 2018, up -328% and 7.87% respectively compar...
By Helgi Library - November 2, 2019
Bank of Maharashtra's non-performing loans reached 16.4% of total loans at the end of 2018, down from 19.5% compared to the previ...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | INR bil | 31.8 | 33.9 | 37.4 |
| Net Fee Income | INR bil | 7.00 | 8.00 | 9.00 |
| Other Income | INR bil | 8.06 | 7.03 | 6.47 |
| Total Revenues | INR bil | 46.8 | 49.0 | 52.8 |
| Operating Profit | INR bil | 18.3 | 21.9 | 22.0 |
| Provisions | INR bil | 32.0 | 33.4 | 69.8 |
| Net Profit | INR bil | -13.6 | -11.1 | -47.6 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | INR bil | 13.7 | 0.750 | 12.3 |
| Customer Loans | INR bil | 955 | 858 | 827 |
| Total Assets | INR bil | 1,594 | 1,564 | 1,647 |
| Shareholders' Equity | INR bil | 74.7 | 101 | 58.8 |
| Interbank Borrowing | INR bil | 0 | 0 | 0 |
| Customer Deposits | INR bil | 1,390 | 1,390 | 1,406 |
| Issued Debt Securities | INR bil | 81.4 | 40.6 | 101 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | -16.6 | -12.7 | -59.7 |
| ROA | % | -0.846 | -0.704 | -2.97 |
| Costs (As % Of Assets) | % | 1.78 | 1.71 | 1.92 |
| Costs (As % Of Income) | % | 61.0 | 55.2 | 58.4 |
| Capital Adequacy Ratio | % | ... | 11.0 | 11.9 |
| Net Interest Margin | % | 1.98 | 2.15 | 2.33 |
| Loans (As % Of Deposits) | % | 68.7 | 61.7 | 58.8 |
| NPLs (As % Of Loans) | % | 17.0 | 19.5 | 16.4 |
| Provisions (As % Of NPLs) | % | 33.7 | 47.0 | 70.0 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | ... | ... | ... | |
| Price/Book Value (P/BV) | 0.526 | 0.351 | 0.643 | |
| Dividend Yield | % | 0 | 0 | 0 |
| Earnings Per Share (EPS) | INR | -11.6 | -8.72 | -14.2 |
| Book Value Per Share | INR | 63.9 | 78.9 | 17.5 |
| Dividend Per Share | INR | 0 | 0 | 0 |
Get all company financials in excel:
| summary | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||||||
| Net Interest Income | INR bil | 30.3 | 35.1 | 38.8 | 38.8 | 31.8 | ||||||||||||
| Total Revenues | INR bil | 39.5 | 44.0 | 48.8 | 49.0 | 46.8 | ||||||||||||
| Operating Profit | INR bil | 21.5 | 20.0 | 23.5 | 23.5 | 18.3 | ||||||||||||
| Net Profit | INR bil | 7.69 | 3.99 | 4.65 | 1.18 | -13.6 | ||||||||||||
| balance sheet | ||||||||||||||||||
| Interbank Loans | INR bil | 9.08 | 1.11 | 1.00 | 9.38 | 13.7 | ||||||||||||
| Customer Loans | INR bil | 755 | 889 | 986 | 1,076 | 955 | ||||||||||||
| Debt Securities | INR bil | 315 | 373 | 368 | 363 | 385 | ||||||||||||
| Total Assets | INR bil | 1,170 | 1,364 | 1,461 | 1,610 | 1,594 | ||||||||||||
| Shareholders' Equity | INR bil | 64.3 | 74.1 | 81.2 | 88.6 | 74.7 | ||||||||||||
| Interbank Borrowing | INR bil | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Customer Deposits | INR bil | 943 | 1,168 | 1,221 | 1,390 | 1,390 | ||||||||||||
| Issued Debt Securities | INR bil | 129 | 83.3 | 111 | 92.3 | 81.4 | ||||||||||||
| ratios | ||||||||||||||||||
| ROE | % | 13.8 | 5.76 | 5.98 | 1.39 | -16.6 | ||||||||||||
| ROA | % | 0.739 | 0.315 | 0.329 | 0.077 | -0.846 | ||||||||||||
| Costs (As % Of Assets) | % | 1.73 | 1.89 | 1.79 | 1.66 | 1.78 | ||||||||||||
| Costs (As % Of Income) | % | 45.6 | 54.5 | 51.8 | 52.1 | 61.0 | ||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ||||||||||||
| Net Interest Margin | % | 2.92 | 2.77 | 2.75 | 2.53 | 1.98 | ||||||||||||
| Interest Income (As % Of Revenues) | % | 76.9 | 79.8 | 79.5 | 79.2 | 67.8 | ||||||||||||
| Fee Income (As % Of Revenues) | % | 11.9 | 12.4 | 12.2 | 12.9 | 14.9 | ||||||||||||
| Equity (As % Of Assets) | % | 5.49 | 5.43 | 5.56 | 5.50 | 4.69 | ||||||||||||
| Loans (As % Of Deposits) | % | 80.0 | 76.1 | 80.7 | 77.4 | 68.7 | ||||||||||||
| Loans (As % Assets) | % | 64.5 | 65.2 | 67.5 | 66.8 | 59.9 | ||||||||||||
| NPLs (As % Of Loans) | % | ... | 1.49 | 3.18 | 6.36 | 9.37 | 17.0 | |||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | 62.4 | 35.3 | 33.4 | 31.5 | 33.7 | |||||||
| valuation | ||||||||||||||||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | 623 | 538 | 625 | 510 | 579 | ||||||||||
| Number Of Shares (Average) | mil | 590 | 711 | 1,001 | 1,112 | 1,168 | ||||||||||||
| Share Price (End Of Period) | INR | ... | ... | 57.9 | 46.7 | 39.3 | 30.4 | 33.7 | ||||||||||
| Earnings Per Share (EPS) | INR | 13.0 | 5.61 | 4.64 | 1.06 | -11.6 | ||||||||||||
| Book Value Per Share | INR | 109 | 104 | 81.1 | 79.7 | 63.9 | ||||||||||||
| Dividend Per Share | INR | 2.58 | 1.18 | 0.850 | 0 | 0 | ||||||||||||
| Price/Earnings (P/E) | ... | ... | 4.44 | 8.34 | 8.48 | 28.6 | ... | ... | ... | |||||||||
| Price/Book Value (P/BV) | ... | ... | 0.531 | 0.448 | 0.485 | 0.382 | 0.526 | |||||||||||
| Dividend Yield | % | ... | ... | 4.46 | 2.53 | 2.16 | 0 | 0 | ||||||||||
| Earnings Per Share Growth | % | ... | 43.9 | -57.0 | -17.2 | -77.1 | -1,192 | |||||||||||
| Book Value Per Share Growth | % | ... | 10.8 | -4.33 | -22.1 | -1.77 | -19.8 |
| income statement | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||||||
| Interest Income | INR bil | 96.1 | 120 | 127 | 131 | 121 | ||||||||||||
| Interest Cost | INR bil | 65.8 | 84.5 | 87.9 | 91.7 | 88.9 | ||||||||||||
| Net Interest Income | INR bil | 30.3 | 35.1 | 38.8 | 38.8 | 31.8 | ||||||||||||
| Net Fee Income | INR bil | 4.70 | 5.45 | 5.93 | 6.30 | 7.00 | ||||||||||||
| Other Income | INR bil | 4.43 | 3.44 | 4.08 | 3.90 | 8.06 | ||||||||||||
| Total Revenues | INR bil | 39.5 | 44.0 | 48.8 | 49.0 | 46.8 | ||||||||||||
| Operating Cost | INR bil | 18.0 | 24.0 | 25.3 | 25.5 | 28.6 | ||||||||||||
| Operating Profit | INR bil | 21.5 | 20.0 | 23.5 | 23.5 | 18.3 | ||||||||||||
| Provisions | INR bil | 13.9 | 16.2 | 19.0 | 22.4 | 32.0 | ||||||||||||
| Extra and Other Cost | INR bil | -0.094 | -0.154 | -0.165 | -0.171 | -0.160 | ||||||||||||
| Pre-Tax Profit | INR bil | 7.69 | 3.99 | 4.65 | 1.18 | -13.6 | ||||||||||||
| Tax | INR bil | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Minorities | INR bil | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Net Profit | INR bil | 7.69 | 3.99 | 4.65 | 1.18 | -13.6 | ||||||||||||
| Dividends | INR bil | 1.52 | 0.839 | 0.851 | 0 | 0 | ||||||||||||
| growth rates | ||||||||||||||||||
| Net Interest Income Growth | % | ... | 20.5 | 15.8 | 10.4 | 0.019 | -18.1 | |||||||||||
| Net Fee Income Growth | % | ... | 23.7 | 15.9 | 8.88 | 6.21 | 11.1 | |||||||||||
| Total Revenue Growth | % | ... | 24.9 | 11.5 | 10.9 | 0.409 | -4.39 | |||||||||||
| Operating Cost Growth | % | ... | 9.37 | 33.4 | 5.39 | 1.06 | 11.9 | |||||||||||
| Operating Profit Growth | % | ... | 41.8 | -6.76 | 17.4 | -0.294 | -22.1 | |||||||||||
| Pre-Tax Profit Growth | % | ... | 76.1 | -48.2 | 16.6 | -74.6 | -1,247 | |||||||||||
| Net Profit Growth | % | ... | 76.1 | -48.2 | 16.6 | -74.6 | -1,247 | |||||||||||
| market share | ||||||||||||||||||
| Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.67 | 1.63 | 1.61 | 1.45 | 1.16 | ... | ||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.30 | 0.739 | 0.852 | 0.287 | ... | ... | ... |
| balance sheet | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | ||||||||||||||||||
| Cash | INR bil | 52.7 | 59.9 | 66.5 | 83.8 | 153 | ||||||||||||
| Interbank Loans | INR bil | 9.08 | 1.11 | 1.00 | 9.38 | 13.7 | ||||||||||||
| Customer Loans | INR bil | 755 | 889 | 986 | 1,076 | 955 | ||||||||||||
| Debt Securities | INR bil | 315 | 373 | 368 | 363 | 385 | ||||||||||||
| Fixed Assets | INR bil | 14.3 | 14.5 | 14.3 | 16.9 | 15.9 | ||||||||||||
| Total Assets | INR bil | 1,170 | 1,364 | 1,461 | 1,610 | 1,594 | ||||||||||||
| Shareholders' Equity | INR bil | 64.3 | 74.1 | 81.2 | 88.6 | 74.7 | ||||||||||||
| Of Which Minority Interest | INR bil | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Liabilities | INR bil | 1,106 | 1,290 | 1,380 | 1,522 | 1,519 | ||||||||||||
| Interbank Borrowing | INR bil | 0 | 0 | 0 | 0 | 0 | ||||||||||||
| Customer Deposits | INR bil | 943 | 1,168 | 1,221 | 1,390 | 1,390 | ||||||||||||
| Sight Deposits | INR bil | 108 | 105 | 109 | 118 | 113 | ||||||||||||
| Term Deposits | INR bil | 835 | 1,063 | 1,112 | 1,271 | 1,277 | ||||||||||||
| Issued Debt Securities | INR bil | 129 | 83.3 | 111 | 92.3 | 81.4 | ||||||||||||
| Other Liabilities | INR bil | 33.5 | 38.3 | 47.1 | 39.6 | 47.7 | ||||||||||||
| asset quality | ||||||||||||||||||
| Non-Performing Loans | INR bil | ... | 11.4 | 28.6 | 64.0 | 104 | 172 | |||||||||||
| Gross Loans | INR bil | 762 | 899 | 1,007 | 1,108 | 1,013 | ||||||||||||
| Total Provisions | INR bil | ... | ... | ... | ... | 7.10 | 10.1 | 21.4 | 32.7 | 57.9 | ||||||||
| growth rates | ||||||||||||||||||
| Customer Loan Growth | % | ... | 34.6 | 17.8 | 10.9 | 9.09 | -11.2 | |||||||||||
| Total Asset Growth | % | ... | 28.3 | 16.6 | 7.12 | 10.2 | -1.00 | |||||||||||
| Shareholders' Equity Growth | % | ... | 35.5 | 15.3 | 9.62 | 9.08 | -15.7 | |||||||||||
| Customer Deposit Growth | % | ... | 23.3 | 23.8 | 4.55 | 13.8 | 0.043 | |||||||||||
| market share | ||||||||||||||||||
| Market Share in Customer Loans | % | ... | ... | 1.37 | 1.38 | 1.39 | 1.35 | 1.16 | ... | |||||||||
| Market Share in Total Assets | % | 1.35 | 1.35 | 1.31 | 1.28 | 1.12 | ... | |||||||||||
| Market Share in Customer Deposits | % | 1.50 | 1.62 | 1.50 | 1.52 | 1.31 | ... |
| ratios | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | ||||||||||||||||||
| ROE | % | 13.8 | 5.76 | 5.98 | 1.39 | -16.6 | ||||||||||||
| ROA | % | 0.739 | 0.315 | 0.329 | 0.077 | -0.846 | ||||||||||||
| Costs (As % Of Assets) | % | 1.73 | 1.89 | 1.79 | 1.66 | 1.78 | ||||||||||||
| Costs (As % Of Income) | % | 45.6 | 54.5 | 51.8 | 52.1 | 61.0 | ||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ||||||||||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ||||||||||||
| Net Interest Margin | % | 2.92 | 2.77 | 2.75 | 2.53 | 1.98 | ||||||||||||
| Interest Spread | % | ... | 2.56 | 2.39 | 2.38 | 2.18 | 1.69 | |||||||||||
| Asset Yield | % | 9.24 | 9.44 | 8.97 | 8.50 | 7.53 | ||||||||||||
| Cost Of Liabilities | % | ... | 6.68 | 7.05 | 6.59 | 6.32 | 5.84 | |||||||||||
| Payout Ratio | % | 19.8 | 21.1 | 18.3 | 0 | 0 | ||||||||||||
| Interest Income (As % Of Revenues) | % | 76.9 | 79.8 | 79.5 | 79.2 | 67.8 | ||||||||||||
| Fee Income (As % Of Revenues) | % | 11.9 | 12.4 | 12.2 | 12.9 | 14.9 | ||||||||||||
| Other Income (As % Of Revenues) | % | 11.2 | 7.81 | 8.35 | 7.96 | 17.2 | ||||||||||||
| Equity (As % Of Assets) | % | 5.49 | 5.43 | 5.56 | 5.50 | 4.69 | ||||||||||||
| Loans (As % Of Deposits) | % | 80.0 | 76.1 | 80.7 | 77.4 | 68.7 | ||||||||||||
| Loans (As % Assets) | % | 64.5 | 65.2 | 67.5 | 66.8 | 59.9 | ||||||||||||
| NPLs (As % Of Loans) | % | ... | 1.49 | 3.18 | 6.36 | 9.37 | 17.0 | |||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | 62.4 | 35.3 | 33.4 | 31.5 | 33.7 | |||||||
| Provisions (As % Of Loans) | % | ... | ... | ... | ... | 0.940 | 1.14 | 2.17 | 3.04 | 6.07 | ||||||||
| Cost of Provisions (As % Of Loans) | % | 2.11 | 1.97 | 2.03 | 2.18 | 3.15 |
| other data | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | ||||||||||||||||||
| Employees | ... | ... | ... | ... | ... | ... | ... | |||||||||||
| Sight (As % Of Customer Deposits) | % | 11.4 | 9.00 | 8.95 | 8.52 | 8.14 |
Get all company financials in excel:
By Helgi Library - November 2, 2019
Bank of Maharashtra's non-performing loans reached 16.4% of total loans at the end of 2018, down from 19.5% compared to the previous year. Historically, the NPL ratio hit an all time high of 19.5% in 2017 and an all time low of 0.781% in 2008. Provision cov...
By Helgi Library - November 2, 2019
Bank of Maharashtra's net interest margin amounted to 2.33% in 2018, up from 2.15% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.12% in 2006 and an all time low of 1.98% in 2016. The average ma...
By Helgi Library - November 2, 2019
Bank of Maharashtra's net interest margin amounted to 2.33% in 2018, up from 2.15% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.12% in 2006 and an all time low of 1.98% in 2016. The average ma...
By Helgi Library - November 2, 2019
Bank of Maharashtra generated total banking revenues of INR 52.8 bil in 2018, up 7.87% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of INR 52.8 bil in 2018 an...
By Helgi Library - November 2, 2019
Bank of Maharashtra generated total banking revenues of INR 52.8 bil in 2018, up 7.87% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of INR 52.8 bil in 2018 an...
By Helgi Library - November 2, 2019
Bank of Maharashtra's capital adequacy ratio reached 11.9% at the end of 2018, up from 11.0% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 13.4% in 2010 and an all time low of 10.3% in 2007. The Tier 1 ratio amo...
By Helgi Library - November 2, 2019
Bank of Maharashtra's capital adequacy ratio reached 11.9% at the end of 2018, up from 11.0% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 13.4% in 2010 and an all time low of 10.3% in 2007. The Tier 1 ratio amo...
By Helgi Library - November 2, 2019
Bank of Maharashtra's customer loan growth reached -3.65% in 2018, up from -10.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 39.2% in 2006 and an all time low of -11.2% in 2016. In the last decade, the...
By Helgi Library - November 2, 2019
Bank of Maharashtra's customer loan growth reached -3.65% in 2018, up from -10.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 39.2% in 2006 and an all time low of -11.2% in 2016. In the last decade, the...
By Helgi Library - November 2, 2019
Bank of Maharashtra generated total banking revenues of INR 49.0 bil in 2017, up 4.55% compared to the previous year. Indian banking sector banking sector generated total revenues of INR 4,320,359 mil in 2017, up 7.41% when compared to the last year. ...
Bank of Maharashtra has been growing its revenues and asset by 11.6% and 10.8% a year on average in the last 10 years. Its loans and deposits have grown by 9.20% and 10.4% a year during that time and loans to deposits ratio reached 58.8% at the end of 2018. The company achieved an average return on equity of -3.99% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 58.4% in 2018, compared to 59.4% average in the last decade.
Equity represented 3.57% of total assets or 7.12% of loans at the end of 2018. Bank of Maharashtra's non-performing loans were 16.4% of total loans while provisions covered some 70.0% of NPLs at the end of 2018.
Bank of Maharashtra stock traded at INR 11.3 per share at the end of 2018 resulting in a market capitalization of USD 542 mil. Over the previous five years, stock price fell by 75.90000000000001% or 24.7% a year on average. That’s compared to an average ROE of -16.3% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of 0.643x in 2018.
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