---
title: "Scooters India Ltd (2926) — Share Price, Financials & Analysis"
symbol: "2926"
company: "Scooters India Ltd"
canonical: "https://tapetide.com/stocks/2926"
sector: "Consumer Discretionary"
industry: "Automobiles"
generated_at: "2026-10-29T06:25:41.088Z"
---

# Scooters India Ltd (2926)

Canonical page: https://tapetide.com/stocks/2926

In the Mar 2024 quarter, revenue was under ₹1 Cr in both quarters and net profit was −₹13 Cr, against −₹1 Cr a year earlier (compared with Mar 2023). Promoters held 93.87% of Scooters India in Mar 2024, unchanged from Dec 2023.

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Automobiles
- **Macro Sector:** Consumer Discretionary
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** https://scootersindialimited.com/

## About

Incorporated in 1972, Scooters India Ltd 
used to manufacture scooters and three wheelers[1]

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Earnings include an other income of Rs.3.07 Cr.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -479% | 11% |
| revenue growth | -100% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 2 | 4 | 1 | 6 | 1 | 1 | 1 | 1 | 15 | 0 | 0 | -14 |
| Operating Profit | -2 | -4 | -1 | -6 | -1 | -1 | -1 | -1 | -15 | 0 | 0 | 14 |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 0 | 25 | 1 | 1 | 7 | 1 | 0 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -4 | -4 | -2 | 17 | -1 | -1 | 4 | -1 | -16 | -1 | -1 | 13 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200 |
| Net Profit | -4 | -4 | -2 | 17 | -1 | -1 | 4 | -1 | -16 | -1 | -1 | -13 |
| EPS in Rs | -0.4 | -0.43 | -0.26 | 1.97 | -0.16 | -0.11 | 0.46 | -0.11 | -1.81 | -0.13 | -0.09 | -1.54 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 152 | 139 | 96 | 50 | 64 | 72 | 5 | 0 | 0 | 0 |
| Expenses | 145 | 139 | 107 | 73 | 69 | 88 | 56 | 13 | 3 | 2 |
| Operating Profit | 7 | 0 | -10 | -23 | -5 | -16 | -51 | -13 | -3 | -2 |
| OPM % | 4.8 | -0.1 | -11 | -45 | -8 | -22 | -1017 | — | — | — |
| Other Income | 6 | 10 | 4 | 7 | 2 | 2 | 4 | 26 | 10 | 3 |
| Interest | 0 | 2 | 1 | 1 | 0 | 0 | 0 | 6 | 6 | 6 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
| Profit before tax | 11 | 6 | -9 | -19 | -5 | -16 | -49 | 8 | 1 | -4 |
| Tax % | 0 | 5 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 641 |
| Net Profit | 11 | 5 | -9 | -19 | -5 | -16 | -49 | 8 | 1 | -31 |
| EPS in Rs | 1.3 | 0.64 | -1.06 | -2.18 | -0.53 | -1.8 | -5.57 | 0.87 | 0.09 | -3.57 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 85 | 85 | 85 | 85 | 87 | 87 | 87 | 87 | 87 | 87 |
| Reserves | 8 | 13 | 3 | -16 | -21 | -37 | -87 | -79 | -78 | -110 |
| Borrowings | 32 | 31 | 31 | 18 | 16 | 16 | 57 | 57 | 57 | 57 |
| Other Liabilities | 57 | 50 | 40 | 25 | 27 | 21 | 64 | 18 | 22 | 40 |
| Total Liabilities | 182 | 180 | 159 | 113 | 109 | 87 | 122 | 83 | 88 | 74 |
| Fixed Assets | 13 | 11 | 11 | 19 | 18 | 18 | 16 | 0 | 0 | 0 |
| CWIP | 0 | 2 | 0 | 4 | 4 | 2 | 2 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 169 | 167 | 148 | 89 | 87 | 67 | 104 | 83 | 88 | 74 |
| Total Assets | 182 | 180 | 159 | 113 | 109 | 87 | 122 | 83 | 88 | 74 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -18 | -12 | -6 | -1 | -9 | 2 | -12 | -6 | 5 | -10 |
| Cash from Investing Activity | 9 | 5 | 1 | 7 | 0 | -4 | 11 | 17 | -42 | 28 |
| Cash from Financing Activity | 8 | -3 | -1 | -13 | 0 | 0 | 41 | -6 | -6 | -6 |
| Net Cash Flow | 0 | -9 | -6 | -8 | -9 | -2 | 40 | 6 | -42 | 13 |
| Free Cash Flow | -19 | -13 | -6 | -15 | -10 | 3 | -12 | 11 | 5 | -10 |
| CFO/OP | -247 | 8143 | 56 | 4 | 188 | -15 | 23 | 48 | -152 | -271 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 3 | 3 | 3 | 0 | 4 | 1 | 7 | — | — | — |
| Inventory Days | 312 | 331 | 384 | 392 | 507 | 206 | 1825 | — | — | — |
| Days Payable | 115 | 101 | 111 | 72 | 107 | 41 | 944 | — | — | — |
| Cash Conversion Cycle | 200 | 232 | 276 | 320 | 403 | 166 | 887 | — | — | — |
| Working Capital Days | 101 | 143 | 164 | 239 | 237 | 119 | 231 | — | — | — |
| ROCE % | 10 | 6 | -6 | -17 | -5 | -21 | -79 | -17 | 0 | 3 |

## Shareholding Pattern

### Annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 93.74% | 93.74% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 3.97% | 3.97% | 3.88% | 0.03% | 3.88% | 3.88% | 3.88% | 3.88% |
| Government | 0% | 0% | 0% | 3.85% | 0% | 0% | 0% | 0% |
| Public | 2.3% | 2.3% | 2.25% | 2.25% | 2.25% | 2.25% | 2.25% | 2.24% |
| Others | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 8713 | 8715 | 8724 | 8769 | 9431 | 10100 | 10447 | 12582 |

### Quarterly

| Category | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% | 93.87% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 3.88% | 3.88% | 3.88% | 3.88% | 3.88% | 0.03% | 3.88% | 3.88% | 3.88% | 3.88% | 3.88% | 3.88% |
| Government | 0% | 0% | 0% | 0% | 0% | 3.85% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 2.25% | 2.25% | 2.25% | 2.25% | 2.25% | 2.24% | 2.24% | 2.25% | 2.25% | 2.24% | 2.25% | 2.24% |
| Others | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 9449 | 9551 | 9830 | 10100 | 10256 | 10299 | 10352 | 10447 | 10502 | 10667 | 11737 | 12582 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2c1f0c89-105c-474e-9ef5-a2c07148dad0.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b2aca3d-d8c1-4ca2-bde2-7f2772700256.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/505141/72832505141.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/505141/66692505141.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/505141/5051410319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/505141/5051410318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/505141/5051410317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/505141/5051410316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/505141/5051410315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/505141/5051410314.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-29T06:25:41.088Z.