MAHABANK
Bank of Maharashtra
Each stock's 10,000-path forecast, rendered as light.
Bank of Maharashtra (MAHABANK) Stock Analysis & Case Study
Is MAHABANK a good buy? The data-driven verdict.
Bank of Maharashtra (MAHABANK) trades at ₹78,on the numbers it screens attractive, a Downstox Snapshot Score of 76/100.
On the numbers, Bank of Maharashtra (MAHABANK) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 8.0× earnings, ROE of 22.6%, a 57% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
MAHABANK fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How MAHABANK ranks against the 2,373 companies in our screener
- MAHABANK's market cap of 60,209 Cr ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAHABANK's book value of ₹46 ranks in the 31st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAHABANK's promoter holding of 73.6% ranks in the 85th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAHABANK's 3-year profit (PAT) growth of 39.0% ranks in the 77th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAHABANK's 3-year revenue growth of 23.0% ranks in the 78th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold a debt-to-equity ratio figure for MAHABANK, as of 9 Aug 2026, so it is not ranked here.
Is MAHABANK overvalued? MAHABANK P/E vs peers
MAHABANK trades at 8.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
MAHABANK share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of MAHABANK history (9%/yr drift, 35%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| MAHABANK 2027 | ₹53 | ₹83 | ₹129 | +6% |
| MAHABANK 2028 | ₹46 | ₹88 | ₹167 | +12% |
| MAHABANK 2029 | ₹42 | ₹93 | ₹204 | +19% |
| MAHABANK 2030 | ₹40 | ₹98 | ₹243 | +26% |
| MAHABANK 2031 | ₹39 | ₹104 | ₹281 | +33% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability MAHABANK goes up, or doubles?
The bull case for MAHABANK
- MAHABANK's P/E of 8.0x is lower than 90% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAHABANK's return on equity of 22.6% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAHABANK's dividend yield of 2.8% ranks in the 93rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹204.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹42.
MAHABANK volatility & expected range, how bumpy is the ride?
Over the last 9.8 years MAHABANK compounded at 9%/year with annualized volatility of 35%. That volatility implies a 1-year 80% range of ₹53-₹129, the honest backbone behind any single price target.
MAHABANK price forecast, the full 60-month probability fan
MAHABANK price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds MAHABANK hits common targets within the simulated horizon?
Full multi-horizon detail on the MAHABANK price target & forecast page.
MAHABANK Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. MAHABANK scores 6/8, mixed financial health.
MAHABANK MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy MAHABANK with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 32.21% | 3.1× |
| Zerodha | 32.17% | 3.1× |
| Groww | 32.33% | 3.1× |
| Dhan | 32.17% | 3.1× |
| Kotak NeoCHEAPEST | 32.15% | 3.1× |
| Paytm Money | 32.50% | 3.1× |
| Pocketful | 32.59% | 3.1× |
| Anand Rathi | 32.17% | 3.1× |
| Bajaj Broking | 33.00% | 3.0× |
| Share India | 32.29% | 3.1× |
Compare every broker on the MAHABANK MTF page.
About Bank of Maharashtra: sector, index & market-cap context
Bank of Maharashtra (MAHABANK) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹60,209 Cr. See more stocks on our screener.
How the MAHABANK Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Bank of Maharashtra's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
MAHABANK analysis, FAQs
Is Bank of Maharashtra (MAHABANK) a good buy?
On the numbers, Bank of Maharashtra (MAHABANK) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 8.0× earnings, ROE of 22.6%, a 57% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is MAHABANK overvalued or undervalued?
MAHABANK trades at 8.0× earnings, inexpensive versus the ~22× long-run Nifty average.
What is the MAHABANK share price target for 2031?
MAHABANK's probability-weighted 2031 median target is ₹104, with an 80% range of ₹39-₹281 (10,000-path Monte-Carlo).
What is the probability MAHABANK doubles in 5 years?
The modelled probability of MAHABANK reaching ₹157 (2×) within 5 years is 30%.
What is the bull case for MAHABANK?
MAHABANK's P/E of 8.0x is lower than 90% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. MAHABANK's return on equity of 22.6% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. MAHABANK's dividend yield of 2.8% ranks in the 93rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in MAHABANK?
No model or past record guarantees future returns, treat this as one input, not a decision.