Q2 2025 Bank of Maharashtra Ltd Earnings Call Transcript
Key Points
- Bank of Maharashtra (BOM:532525) reported a strong YoY growth in total business by 17% and advances by 19%.
- The bank's CASA ratio remains robust at 50%, with a YoY growth of 12% in CASA deposits.
- Asset quality has improved, with GNPA reduced to 1.84% from 2.19% a year ago, and NNPA at a low 0.2%.
- Net profit saw a significant YoY increase of 44%, reaching INR 1,326 crores.
- The bank is well-capitalized with a CET1 ratio of 12% and a CRAR of 17.26%.
- The bank's SMA-2 book has increased significantly, raising concerns about potential future slippages.
- Despite the overall growth, the corporate loan portfolio has shown a modest YoY growth of only 9%.
- There is a conservative outlook on NIM due to potential rate cuts, with guidance set at 3.75% to 3.85%.
- The bank's market share remains relatively small at 1.2%, primarily concentrated in Western India.
- Operating expenses are high, impacting the cost-to-income ratio, which is currently at 38.8%.
Ladies and gentlemen, good day, and welcome to the Q2 and H1 FY25 earnings conference call of Bank of Maharashtra. (Operator Instructions) Please note that this conference is being recorded.
We have with us from the management, Shri Nidhu Saxena, Managing Director and Chief Executive Officer; Shri Asheesh Pandey, Executive Director; Shri Rohit Rishi, Executive Director; and all general managers of the bank. I now hand the conference over to Shri Nidhu Saxena. Thank you, and over to you, sir.
Yeah. Good afternoon. Thank you so much and thank you to all the analysts to join this call. And I'm happy to share that we have done our half yearly results today, and the numbers are very encouraging. A lot of strategies were put in place in the beginning of this financial year in areas of concern like deposits, and those all are yielding good results to the bank. And I will very quickly take you through the major achievements.
So my total business has seen a growth YoY
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
