TickerKhojComparison · NSE · data 2026-11-03
IndusInd Bank Ltd. vs Bank of Maharashtra
In plain words
Size: IndusInd Bank Ltd. is about 1 times the market value of Bank of Maharashtra.
Valuation (P/E): IndusInd Bank Ltd. 21.8 vs Bank of Maharashtra 7.6.
Return on equity: Bank of Maharashtra 22.7% vs IndusInd Bank Ltd. 1.4%.
Profit growth over 3 years: Bank of Maharashtra 39.1% a year vs IndusInd Bank Ltd. -50.7% a year.
Debt to equity: Bank of Maharashtra 1.12 vs IndusInd Bank Ltd. 0.83.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INDUSINDBK | MAHABANK | |
|---|---|---|
| Price | ₹838.5 | ₹78.99 |
| Market cap | ₹65,448 cr | ₹62,455 cr |
| P/E | 21.8 | 7.6 |
| P/B | 1 | 1.6 |
| ROE | 1.4% | 22.7% |
| ROCE | 0.3% | 3.7% |
| Debt / equity | 0.83 | 1.12 |
| Operating margin | 15.7% | 49.4% |
| Dividend yield | 0.18% | 2.71% |
| Sales growth, 3 years (yearly) | 6.3% | 22.1% |
| Profit growth, 3 years (yearly) | -50.7% | 39.1% |
| 1-year return | 4.7% | 35.0% |
| Revenue, last 12 months | ₹52,940 cr | ₹35,770 cr |
| Net profit, last 12 months | ₹3,001 cr | ₹8,004 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹1,242 cr | ₹2,136 cr |
| Quarter profit vs a year earlier | — | +28.0% |
| Promoter holding | 15.82% | 73.60% |
| Health check | Weak (2/10) | Strong (7.9/10) |
Common questions
Which has a higher P/E, IndusInd Bank Ltd. or Bank of Maharashtra?
IndusInd Bank Ltd. trades at the higher P/E (21.8 against 7.6). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Bank of Maharashtra (22.7% against 1.4%).
Which carries more debt?
Bank of Maharashtra has the higher debt-to-equity ratio (1.12 against 0.83).