StoxBank of Maharashtra vs Bank of India: share price & financials comparison
NSE: MAHABANK vs BANKINDIA · Financial Services · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Bank of Maharashtra vs Bank of India at a glance
Bank of Maharashtra (MAHABANK) has a market capitalisation of ₹66,847 Cr, against ₹63,097 Cr for Bank of India (BANKINDIA). Over the past year Bank of Maharashtra has returned +45.4%, compared with -1.6% for Bank of India. On valuation, Bank of India trades at a lower P/E of 5.0 versus 8.4. Bank of Maharashtra earns a higher return on equity (21.4% vs 13.3%). Bank of Maharashtra comes out ahead on profitability, growth, momentum and technicals. Bank of India comes out ahead on size and valuation. Across the scored metrics below, Bank of Maharashtra leads on 11 and Bank of India on 6. On StoxGud's 10-point checklist, Bank of Maharashtra scores 9/10 and Bank of India scores 5/10.
| Metric | Bank of Maharashtra | Bank of India |
|---|---|---|
| Size | ||
| Market cap | ₹66,847 Cr | ₹63,097 Cr |
| Revenue (latest FY) | ₹32,824 Cr | ₹85,650 Cr |
| Net profit (latest FY) | ₹7,017 Cr | ₹10,306 Cr |
| Valuation | ||
| P/E | 8.4 | 5.0 |
| P/B | 1.79 | 0.67 |
| Dividend yield | 2.88% | 2.92% |
| Profitability | ||
| Return on equity | 21.4% | 13.3% |
| Net profit margin | 22.4% | 13.7% |
| Operating margin | 34.0% | 21.5% |
| Growth | ||
| Revenue growth (YoY) | +22.1% | +16.4% |
| Net profit growth (YoY) | +28.0% | +28.4% |
| Revenue CAGR (multi-year) | +16.5% | +9.6% |
| Momentum | ||
| 1-month return | +3.3% | +3.8% |
| 1-year return | +45.4% | -1.6% |
| 3-year CAGR | +26.2% | +11.2% |
| 5-year CAGR | +32.4% | +17.0% |
| 10-year CAGR | +11.6% | +2.5% |
| Distance from 52W high | -7.4% | -21.8% |
| Technicals | ||
| RSI (14) | 64 | 58 |
| Price vs 200-day avg | +12.4% | -5.0% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Bank of Maharashtra | Bank of India |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✓ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✗ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 9/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Bank of Maharashtra or Bank of India?
Bank of Maharashtra has a market cap of ₹66,847 Cr and Bank of India has a market cap of ₹63,097 Cr as of 06 Nov 2026.
Which has a lower P/E, Bank of Maharashtra or Bank of India?
Bank of India has the lower P/E: Bank of Maharashtra trades at 8.4 and Bank of India at 5.0.
Which gave better returns in the last year, Bank of Maharashtra or Bank of India?
Bank of Maharashtra did better: Bank of Maharashtra returned +45.4% and Bank of India returned -1.6% over one year.
Is Bank of Maharashtra or Bank of India a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Bank of Maharashtra scores 9/10 and Bank of India scores 5/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.