Maharashtra Scooters Ltd
MAHSCOOTER NSE
Maharashtra Scooters Ltd
Financial ServicesNSE: MAHSCOOTER BSE: 500266 Investment Company
Key Fundamentals
SmallcapInvestment CompanyFinancial ServicesMarket Cap
₹12,568 Cr
Volatility
Moderate
P/E Ratio
36
Book Value
₹28,886.65
52W High
₹369.3
52W Low
₹169.43
Technical Indicators
Key Insights
Strengths
4- Company is almost debt free.
- Stock is trading at 0.39 times its book value
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 88.6%
Weaknesses
3- The company has delivered a poor sales growth of -2.71% over past five years.
- Tax rate seems low
- Company has a low return on equity of 0.78% over last 3 years.
Growth Rate
Revenue Growth
17.83% ↘
Net Income Growth
76.00% →
Cash Flow Change
-
ROE
1.00% ↗
ROCE
-
EBITDA Margin (Avg.)
-
Quarterly Results
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 0.51 | 0.53 | 0.52 | 0.52 | 0.51 | 0.52 | 0.52 | 0.48 | 0.48 | 0.48 | 0.01 | 0 | 0.01 |
| EPS in Rs | 2.63 | 0.72 | 0.42 | 173 | 0.87 | 0.09 | 7.23 | 132 | 2.89 | 45.18 | 30.94 | 234 | 3.6 |
| Expenses | 4.11 | 7.49 | 4.05 | 5.61 | 5.16 | 4.49 | 5.74 | 2.22 | 1.7 | 1.9 | 1.08 | 1.22 | 0.88 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 3.01 | 0.82 | 0.48 | 198 | 1 | 0.1 | 8.26 | 151 | 3.3 | 51.63 | 35.36 | 267 | 4.12 |
| OPM % | 44.98% | 18.94% | 23% | 97.28% | 19% | 13.32% | 25.65% | 98.64% | 70.64% | 71.43% | 96.31% | 99.55% | 86.34% |
| Operating Profit | 3.36 | 1.75 | 1.21 | 200 | 1.21 | 0.69 | 1.98 | 161 | 4.09 | 4.75 | 28.19 | 270 | 5.56 |
| Other Income | 1.24 | 0.06 | 0 | 0.11 | 0.7 | 0 | -13.23 | 0.22 | 0.7 | 57.78 | 0 | 0 | 0 |
| PBT | 4.09 | 1.28 | 0.69 | 200 | 1.4 | 0.17 | -11.77 | 161 | 4.31 | 62.05 | 28.18 | 270 | 5.55 |
| Sales | 7.47 | 9.24 | 5.26 | 206 | 6.37 | 5.18 | 7.72 | 163 | 5.79 | 6.65 | 29.27 | 271 | 6.44 |
| Tax % | 26.41% | 35.94% | 30.43% | 1.09% | 28.57% | 41.18% | -170.18% | 5.93% | 23.43% | 16.79% | -25.48% | 1.01% | 25.77% |
Profit & Loss
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 1 | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 |
| Div. Payout % | 60% | 63% | 34% | 262% | 62% | 52% | 32% | 649% | 64% | 94% | 97% | 75% | — |
| EPS in Rs | 41.65 | 47.91 | 88.37 | 11.44 | 53.16 | 63.7 | 157 | 7.71 | 125 | 171 | 174 | 188 | 313 |
| Expenses | 9 | 12 | 15 | 14 | 20 | 20 | 20 | 20 | 20 | 23 | 19 | 12 | 5 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 48 | 55 | 101 | 13 | 61 | 73 | 180 | 9 | 143 | 195 | 199 | 214 | 358 |
| OPM % | -115% | -72% | -72% | -69% | 75% | 79% | 90% | 35% | 90% | 90% | 91% | 94% | 98% |
| Operating Profit | -5 | -5 | -6 | -6 | 61 | 75 | 191 | 11 | 174 | 194 | 203 | 172 | 308 |
| Other Income | 53 | 63 | 108 | 21 | 1 | 1 | 3 | 0 | 0 | 1 | 1 | 45 | 58 |
| PBT | 48 | 55 | 101 | 14 | 61 | 74 | 192 | 9 | 172 | 193 | 202 | 215 | 366 |
| Sales | 4 | 7 | 9 | 8 | 82 | 95 | 211 | 30 | 194 | 217 | 223 | 184 | 313 |
| Tax % | 0% | 0% | 0% | 9% | 1% | 2% | 6% | 3% | 17% | -1% | 1% | 0% | — |
Balance Sheet
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Fixed Assets | 7 | 4 | 7 | 7 | 13 | 15 | 15 | 14 | 13 | 12 | 10 | 0 | 0 |
| Investments | 260 | 271 | 280 | 6,511 | 8,196 | 11,680 | 8,080 | 17,189 | 24,654 | 20,364 | 29,362 | 34,563 | 37,020 |
| Other Assets | 33 | 43 | 50 | 54 | 34 | 20 | 130 | 76 | 33 | 22 | 22 | 24 | 230 |
| Other Liabilities | 62 | 66 | 25 | 20 | 18 | 391 | 14 | 1,036 | 1,846 | 1,355 | 2,377 | 3,725 | 4,237 |
| Reserves | 227 | 241 | 301 | 6,541 | 8,214 | 11,312 | 8,199 | 16,232 | 22,842 | 19,031 | 27,005 | 30,851 | 33,002 |
| Total Assets | 300 | 318 | 337 | 6,572 | 8,243 | 11,714 | 8,225 | 17,280 | 24,699 | 20,398 | 29,394 | 34,588 | 37,250 |
| Total Liabilities | 300 | 318 | 337 | 6,572 | 8,243 | 11,714 | 8,225 | 17,280 | 24,699 | 20,398 | 29,394 | 34,588 | 37,250 |
Cash Flow
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CFO/OP | 99 | 180 | 104 | 530 | 3 | 5 | -2 | -44 | 86 | 119 | 106 | 100 |
| Financing | -26 | -33 | -80 | -2 | -41 | -45 | -113 | -1 | -58 | -205 | -194 | -193 |
| Investing | 15 | 41 | 81 | 35 | 40 | 45 | 195 | -68 | -62 | -3 | -12 | 36 |
| Operating | -6 | -10 | -8 | -33 | 1 | 1 | -7 | -6 | 119 | 209 | 206 | 159 |
| Free Cash Flow | -6 | -10 | -12 | -34 | -5 | -2 | -9 | -6 | 119 | 207 | 206 | 224 |
| Net Cash Flow | -17 | -2 | -6 | 0 | 0 | 0 | 75 | -75 | 0 | 0 | 0 | 1 |
Ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Conversion Cycle | -13 | 243 | 104 | 166 | 33 | 78 | 8 | 146 | 19 | 11 | 3 | 0 |
| Days Payable | 214 | 27 | 37 | 40 | 40 | 8 | — | 99 | — | — | — | — |
| Debtor Days | 114 | 137 | 99 | 95 | 15 | 14 | 8 | 82 | 19 | 11 | 3 | 0 |
| Inventory Days | 88 | 134 | 42 | 111 | 57 | 72 | — | 163 | — | — | — | — |
| ROCE % | 20% | 20% | 35% | 0% | 1% | 1% | 2% | 0% | 1% | 1% | 1% | 1% |
| Working Capital Days | -2,797 | -2,141 | -203 | -43 | 1 | 4 | 4 | 103 | 31 | 10 | 7 | -35 |
Documents
Financial Year 2013
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Financial Year 2013
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2012
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Closure of Trading Window
8h - Trading window closed from 1 Apr 2026 until 2 days after audited results for FY ending 31 Mar 2026.
8h - Trading window closed from 1 Apr 2026 until 2 days after audited results for FY ending 31 Mar 2026.
Announcement under Regulation 30 (LODR)-Acquisition
8h - On 27 Mar 2026 MSL bought Bajaj Finance Rs23.07Cr and Bajaj Auto Rs12.03Cr shares.
8h - On 27 Mar 2026 MSL bought Bajaj Finance Rs23.07Cr and Bajaj Auto Rs12.03Cr shares.
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended 31 December 2025
3 Jan - Board meeting 12 Jan 2026 to approve unaudited Q3/9M results ended 31 Dec 2025; trading window closed 1-14 Jan 2026.
3 Jan - Board meeting 12 Jan 2026 to approve unaudited Q3/9M results ended 31 Dec 2025; trading window closed 1-14 Jan 2026.
Closure of Trading Window
29 Dec 2025 - Trading window closed from 1 Jan 2026 until two days after unaudited Q3/9M results for 31 Dec 2025.
29 Dec 2025 - Trading window closed from 1 Jan 2026 until two days after unaudited Q3/9M results for 31 Dec 2025.
Announcement under Regulation 30 (LODR)-Acquisition
27 Mar - On 27 Mar 2026 MSL bought Bajaj Finance Rs23.07Cr and Bajaj Auto Rs12.03Cr shares.
27 Mar - On 27 Mar 2026 MSL bought Bajaj Finance Rs23.07Cr and Bajaj Auto Rs12.03Cr shares.
Closure of Trading Window
26 Mar - Trading window closed from 1 Apr 2026 until 2 days after audited results for FY ending 31 Mar 2026.
26 Mar - Trading window closed from 1 Apr 2026 until 2 days after audited results for FY ending 31 Mar 2026.
Announcement under Regulation 30 (LODR)-Acquisition
26 Mar - MSL bought Bajaj Finance ₹21.58Cr (0.0039%) and Bajaj Auto ₹31.87Cr (0.0125%) on 25-Mar-2026.
26 Mar - MSL bought Bajaj Finance ₹21.58Cr (0.0039%) and Bajaj Auto ₹31.87Cr (0.0125%) on 25-Mar-2026.
Announcement under Regulation 30 (LODR)-Acquisition
16h - MSL bought Bajaj Finance ₹21.58Cr (0.0039%) and Bajaj Auto ₹31.87Cr (0.0125%) on 25-Mar-2026.
16h - MSL bought Bajaj Finance ₹21.58Cr (0.0039%) and Bajaj Auto ₹31.87Cr (0.0125%) on 25-Mar-2026.
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations,2018 for the quarter ended 31 December 2025
13 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations,2018 for the quarter ended 31 December 2025
Board Meeting Outcome for Unaudited Financial Results For The Quarter And Nine Months Ended 31 December 2025.
12 Jan - Approved unaudited results for nine months to 31 Dec 2025: PAT ₹30,655 lakh; OCI ₹213,659 lakh; leasehold profit ₹4,711 lakh.
12 Jan - Approved unaudited results for nine months to 31 Dec 2025: PAT ₹30,655 lakh; OCI ₹213,659 lakh; leasehold profit ₹4,711 lakh.
Frequently Asked Questions about Maharashtra Scooters Ltd
What does Maharashtra Scooters Ltd do?
Maharashtra Scooters Ltd. (MSL) is a manufacturing & and an unregistered core investment company. It is engaged in the business of manufacturing dies, Jigs, fixtures and die casting components primarily for the automobiles industry, etc. [1]
Where is Maharashtra Scooters Ltd (MAHSCOOTER) listed?
Maharashtra Scooters Ltd is listed on the Indian stock exchanges. It is listed on NSE: MAHSCOOTER and BSE: 500266. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Maharashtra Scooters Ltd belong to?
Maharashtra Scooters Ltd operates in the Financial Services sector within the Investment Company industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Maharashtra Scooters Ltd?
Maharashtra Scooters Ltd has a market capitalisation of approximately ₹12568.00 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Maharashtra Scooters Ltd?
The Price-to-Earnings (PE) ratio of Maharashtra Scooters Ltd is 36.00. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Maharashtra Scooters Ltd?
Over the past 52 weeks, Maharashtra Scooters Ltd has traded between a low of ₹169.43 and a high of ₹369.3. This range helps investors understand the stock's price volatility and recent trading levels.
Does Maharashtra Scooters Ltd pay dividends?
Yes, Maharashtra Scooters Ltd has a dividend yield of 1.24%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
How can I research Maharashtra Scooters Ltd on Tapetide?
On Tapetide, you can view Maharashtra Scooters Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Maharashtra Scooters Ltd. (MSL) is a manufacturing & and an unregistered core investment company. It is engaged in the business of manufacturing dies, Jigs, fixtures and die casting components primarily for the automobiles industry, etc. [1]
Website mahascooters.com
CEO Mr. Anant Gopal Marathe
Employees 4
Listed 1995-02-08
Face Value ₹ 10
Issued Size 1,14,28,568