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BANK OF MAHARASHTRA vs INDIAN BANK - Comparison Results

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Current Valuations

    BANK OF MAHARASHTRA INDIAN BANK BANK OF MAHARASHTRA/
INDIAN BANK
 
P/E (TTM) x 11.8 9.4 126.1% View Chart
P/BV x 2.8 1.4 198.4% View Chart
Dividend Yield % 2.1 1.7 125.6%  

Financials

 BANK OF MAHARASHTRA   INDIAN BANK
EQUITY SHARE DATA
    BANK OF MAHARASHTRA
Mar-23
INDIAN BANK
Mar-23
BANK OF MAHARASHTRA/
INDIAN BANK
5-Yr Chart
Click to enlarge
High Rs36310 11.7%   
Low Rs15137 10.9%   
Income per share (Unadj.) Rs23.6361.2 6.5%  
Earnings per share (Unadj.) Rs3.944.7 8.7%  
Cash flow per share (Unadj.) Rs5.871.6 8.0%  
Dividends per share (Unadj.) Rs1.308.60 15.1%  
Avg Dividend yield %5.13.8 131.9%  
Book value per share (Unadj.) Rs23.5397.5 5.9%  
Shares outstanding (eoy) m6,730.501,245.44 540.4%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x1.10.6 175.2%   
Avg P/E ratio x6.65.0 132.5%  
Avg P/CF ratio x2.81.8 158.2%  
Avg Price/Bookvalue ratio x1.10.6 194.2%  
Dividend payout %33.619.2 174.7%   
Avg Mkt Cap Rs m172,469278,481 61.9%   
No. of employees `000NANA-   
Total wages & salary Rs m20,58175,789 27.2%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m158,986449,852 35.3%  
Other income Rs m22,80978,045 29.2%   
Interest expense Rs m81,568247,173 33.0%   
Net interest income Rs m77,418202,679 38.2%  
Operating expense Rs m39,225127,248 30.8%   
Gross profit Rs m38,19375,431 50.6%  
Gross profit margin %24.016.8 143.3%  
Provisions/contingencies Rs m34,975100,171 34.9%   
Profit before tax Rs m34,45659,632 57.8%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-12 -0.0%   
Prior Period Items Rs m222,430 0.9%   
Tax Rs m8,4296,327 133.2%   
Profit after tax Rs m26,05055,723 46.7%  
Net profit margin %16.412.4 132.3%  
BALANCE SHEET DATA
Advances Rs m1,712,2074,492,940 38.1%   
Deposits Rs m2,340,6416,211,232 37.7%  
Credit/Deposit ratio x73.272.3 101.1%  
Yield on advances %6.77.1 94.4%   
Cost of deposits %3.13.7 82.3%   
Net Interest Margin %3.23.2 101.4%  
Net fixed assets Rs m21,49274,704 28.8%   
Share capital Rs m67,30512,454 540.4%   
Free reserves Rs m90,597482,614 18.8%   
Net worth Rs m157,902495,068 31.9%   
Borrowings Rs m107,657220,924 48.7%   
Investments Rs m690,4201,883,663 36.7%   
Total assets Rs m2,678,2727,133,340 37.5%  
Debt/equity ratio x15.513.0 119.3%   
Return on assets %1.00.8 124.5%  
Return on equity %16.511.3 146.6%  
Capital adequacy ratio %18.116.5 110.0%  
Net NPAs %0.30.9 27.8%  
CASH FLOW
From Operations Rs m-14,399-278,940 5.2%  
From Investments Rs m-1,751-3,140 55.8%  
From Financial Activity Rs m2,279-15,434 -14.8%  
Net Cashflow Rs m-13,871-297,514 4.7%  

Share Holding

Indian Promoters % 86.5 73.8 117.1%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 5.7 22.2 25.7%  
FIIs % 1.0 5.3 19.7%  
ADR/GDR % 0.0 0.0 -  
Free float % 13.5 26.2 51.8%  
Shareholders   846,746 308,165 274.8%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare BANK OF MAHARASHTRA With:   HDFC BANK    AXIS BANK    ICICI BANK    SBI    KOTAK MAHINDRA BANK    


More on Bank of Maharashtra vs Indian Bank

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Bank of Maharashtra vs Indian Bank Share Price Performance

Period Bank of Maharashtra Indian Bank S&P BSE BANKEX
1-Day 0.16% -0.13% 1.02%
1-Month 4.79% 5.06% 2.05%
1-Year 115.01% 59.75% 12.30%
3-Year CAGR 37.77% 72.97% 14.92%
5-Year CAGR 31.51% 14.79% 10.00%

* Compound Annual Growth Rate

Here are more details on the Bank of Maharashtra share price and the Indian Bank share price.

Moving on to shareholding structures...

The promoters of Bank of Maharashtra hold a 86.5% stake in the company. In case of Indian Bank the stake stands at 73.8%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Bank of Maharashtra and the shareholding pattern of Indian Bank.

Finally, a word on dividends...

In the most recent financial year, Bank of Maharashtra paid a dividend of Rs 1.3 per share. This amounted to a Dividend Payout ratio of 33.6%.

Indian Bank paid Rs 8.6, and its dividend payout ratio stood at 19.2%.

You may visit here to review the dividend history of Bank of Maharashtra, and the dividend history of Indian Bank.

For a sector overview, read our banking sector report.



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