{"id":130761,"date":"2022-06-23T07:50:29","date_gmt":"2022-06-23T11:50:29","guid":{"rendered":"https:\/\/44.250.171.167\/?p=130761"},"modified":"2022-10-06T04:22:17","modified_gmt":"2022-10-06T08:22:17","slug":"a-snapshot-on-the-profitability-of-bank-of-maharashtra-q4-fy-2022","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/a-snapshot-on-the-profitability-of-bank-of-maharashtra-q4-fy-2022\/","title":{"rendered":"A snapshot on the Profitability of Bank of Maharashtra Q4 FY 2022"},"content":{"rendered":"\n

Bank of Maharashtra is an Indian nationalised bank. It is has it\u2019s headquarter located in Pune. The bank was incorporated on 16th<\/sup> September 1935. This is a very techno savvy and customer centric bank. It is serving a diverse section of people and enhancing towards global presence.<\/p>\n\n\n\n

Financial Snapshots<\/u><\/strong><\/p>\n\n\n\n

Rs in Crore<\/td>Q4 FY`21<\/td>Q4 FY`22<\/td>Y-o-Y (%)<\/td><\/tr>
Total Income<\/td>4,335<\/td>3,949<\/td>-9<\/td><\/tr>
Total Expenses<\/td>2,793<\/td>2,770<\/td>-1<\/td><\/tr>
Operating Profit<\/td>1,541<\/td>1,179<\/td>-24<\/td><\/tr>
Profit Before Taxes<\/td>200<\/td>814<\/td>307<\/td><\/tr>
Net Profit<\/td>165<\/td>355<\/td>115<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The Total Business increased by 19.84 % to \u20b9 337,534 crore. The Total deposit for  FY22 is 16.26 % to \u20b9 202,294 crore. The Gross Advances for the quarter improved by 25.62 % to \u20b9 135,240 crore. The Net Profit shows an improvement of 115.19 % to \u20b9 355 crore. For FY 22 the bank has increased Net Interest Income by 16.56 % to \u20b9 1,612 crore.  In respect to quarter Net Profit has increased by 115% to \u20b9 355 crore. The bank has achieved Operating Profit  of\u20b9 1,179 crore for Q4FY22. Net Revenues for Q4FY22 stood at \u20b9 2,134 crore.<\/p>\n\n\n\n

Analysis on Business Mix in Last 5 Quarters<\/u><\/strong><\/p>\n\n\n\n

Rs in Crore<\/td>Q4 FY21<\/td>Q1 FY22<\/td>Q2 FY22<\/td>Q3 FY 22<\/td>Q4 FY 22<\/td><\/tr>
Gross Advances<\/td>1,07,654<\/td>1,10,592<\/td>1,15,236<\/td>1,29,006<\/td>1,35,240<\/td><\/tr>
Total Deposit<\/td>1,74,006<\/td>1,74,378<\/td>1,81,572<\/td>1,86,614<\/td>2,02,294<\/td><\/tr>
Total Business<\/td>2,81,659<\/td>2,84,970<\/td>2,96,808<\/td>3,15,620<\/td>3,37,534<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Analysis on Business Mix in Last 5 Years<\/u><\/strong><\/p>\n\n\n\n

Rs in Crore<\/td>FY 18<\/td>FY 19<\/td>FY 20<\/td>FY 21<\/td>FY 22<\/td><\/tr>
Gross Advances<\/td>94,645<\/td>93,467<\/td>94,889<\/td>1,07,645<\/td>1,35,240<\/td><\/tr>
Total Deposit<\/td>1,38,981<\/td>1,40,650<\/td>1,50,066<\/td>1,74,006<\/td>2,02,294<\/td><\/tr>
Total Business<\/td>2,33,626<\/td>2,34,117<\/td>2,44,955<\/td>2,81,659<\/td>3,37,534<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The Total Deposits show an improvement of 16.26 % on Y-o-Y basis to \u20b9 202,294 crore in Q4FY22. Gross Advances is up by 25.62 % on Y-o-Y basis to \u20b9 135,240 crore. Net Advances improved by 28.09 % on Y-o-Y basis to \u20b9 131,170 crore.<\/p>\n\n\n\n

Digital Innovation<\/u><\/strong><\/p>\n\n\n\n

The bank has focused on the following products which include digital home and car loan. It also emphasizes its customer in WhatsApp banking, use chatbots and online loan applications.<\/p>\n\n\n\n

Business Improvements<\/u><\/strong><\/p>\n\n\n\n

The bank has reduced the Gross NPA to 3.94 % as on 31.03.2022 in comparison to 7.23% as on 31.03.2021. The Net NPA has reduced to 0.97 % as on 31.03.2022 against 2.48% as on 31.03.2021. It has raised the capital (in the form of equity & bonds) of Rs. 1693.70 crore to support the growth. Return on Assets (ROA)  has improved to 0.55 % for the  year. Return on Equity (ROE) also improved to 11.08 % for year ended 31.03.2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bank of Maharashtra is an Indian nationalised bank. It is has it\u2019s headquarter located in Pune. The bank was incorporated on 16th September 1935. This is a very techno savvy and customer centric bank. It is serving a diverse section of people and enhancing towards global presence. Financial Snapshots Rs in Crore Q4 FY`21 Q4 […]<\/p>\n","protected":false},"author":1796,"featured_media":58681,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6352,9908],"tags":[151,8249],"class_list":["post-130761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research-summary","category-research-tear-sheet","tag-banking","tag-banks"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":128513,"url":"https:\/\/alphastreet.com\/india\/hdfc-bank-q4-fy-22-research-tear-sheet\/","url_meta":{"origin":130761,"position":0},"title":"HDFC Bank Q4 FY 22 Research Tear Sheet","author":"sreerupa","date":"April 19, 2022","format":false,"excerpt":"HDFC Bank Limited\u00a0is an Indian banking and financial services company. 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