---
title: "Maharashtra Scooters Ltd (MAHSCOOTER) — Share Price, Financials & Analysis"
symbol: "MAHSCOOTER"
company: "Maharashtra Scooters Ltd"
canonical: "https://tapetide.com/stocks/MAHSCOOTER"
isin: "INE288A01013"
nse_symbol: "MAHSCOOTER"
bse_code: "500266"
sector: "Financial Services"
industry: "Investment Company"
market_cap_cr: 14754.28
generated_at: "2026-09-13T19:41:12.183Z"
---

# Maharashtra Scooters Ltd (MAHSCOOTER)

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

## Company

- **NSE Symbol:** MAHSCOOTER
- **BSE Code:** 500266
- **ISIN:** INE288A01013
- **Sector:** Financial Services
- **Industry:** Investment Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 1995-02-08
- **CEO:** Mr. Anant Gopal Marathe
- **Employees:** 4
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** mahascooters.com

## About

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]

## Latest Price

- **Price:** ₹12964
- **Change:** -134 (-1.02%)
- **Open:** ₹13098
- **Day High:** ₹13120
- **Day Low:** ₹12852
- **Previous Close:** ₹13098
- **Volume:** 1980
- **As Of:** 2026-09-11T09:59:04+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:34.278692Z.

- **Market Cap:** ₹14754.28 Cr
- **Classification:** Smallcap
- **P/E (reported):** 53.8
- **P/E (TTM):** 53.2
- **EPS (TTM):** ₹243.7
- **Book Value:** ₹24180.45
- **Price to Book:** 0.54
- **Dividend Yield:** 1.68%
- **ROE:** 1.12%
- **ROCE:** 1%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹313.2 Cr
- **Net Income:** ₹310.6 Cr
- **EBITDA:** ₹309 Cr
- **52-Week High:** ₹18538
- **52-Week Low:** ₹10901
- **RSI (14):** 41.85

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 97%
- **Data coverage:** 94%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 73.34 | 9% |
| growth | 95.41 | 9% |
| momentum | 67.34 | 12% |
| ownership | 53.33 | 24% |
| quality | 43.23 | 22% |
| valuation | 47.97 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.54 times its book value
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 84.4%

### Weaknesses

- Tax rate seems low
- Company has a low return on equity of 0.83% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 68.21% | 29.62% | 124.75% |
| ebitda margin growth | -16.36% | 5.22% | 7.98% | 10.11% |
| net income growth | -17.5% | 44.94% | 17% | 104% |
| revenue growth | -16.92% | 69.11% | 13% | 59% |
| roce | — | 61.29% | 44.93% | 0.79% |
| roe | — | 62.32% | 0.85% | 80.65% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 205.92 | 6.37 | 5.18 | 7.72 | 163.17 | 5.79 | 6.65 | 29.27 | 271.02 | 6.44 | 6.03 | 5.41 |
| Expenses | 5.61 | 5.16 | 4.49 | 5.74 | 2.22 | 1.7 | 1.9 | 1.08 | 1.22 | 0.88 | 1.05 | 0.86 |
| Operating Profit | 200.31 | 1.21 | 0.69 | 1.98 | 160.95 | 4.09 | 4.75 | 28.19 | 269.8 | 5.56 | 4.98 | 4.55 |
| OPM % | 97.28 | 19 | 13.32 | 25.65 | 98.64 | 70.64 | 71.43 | 96.31 | 99.55 | 86.34 | 82.59 | 84.1 |
| Other Income | 0.11 | 0.7 | 0 | -13.23 | 0.22 | 0.7 | 57.78 | 0 | 0 | 0 | 0.48 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.52 | 0.51 | 0.52 | 0.52 | 0.48 | 0.48 | 0.48 | 0.01 | 0 | 0.01 | 0 | 0 |
| Profit before tax | 199.9 | 1.4 | 0.17 | -11.77 | 160.69 | 4.31 | 62.05 | 28.18 | 269.8 | 5.55 | 5.46 | 4.55 |
| Tax % | 1.09 | 28.57 | 41.18 | -170.18 | 5.93 | 23.43 | 16.79 | -25.48 | 1.01 | 25.77 | 26.56 | 27.03 |
| Net Profit | 197.73 | 1 | 0.1 | 8.26 | 151.16 | 3.3 | 51.63 | 35.36 | 267.07 | 4.12 | 4.01 | 3.32 |
| EPS in Rs | 173.01 | 0.87 | 0.09 | 7.23 | 132.26 | 2.89 | 45.18 | 30.94 | 233.69 | 3.6 | 3.51 | 2.9 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 82 | 95 | 211 | 30 | 194 | 217 | 223 | 184 | 313 | 289 |
| Expenses | 20 | 20 | 20 | 20 | 20 | 23 | 19 | 12 | 4 | 4 |
| Operating Profit | 61 | 75 | 191 | 11 | 174 | 194 | 203 | 173 | 309 | 285 |
| OPM % | 75 | 79 | 90 | 35 | 90 | 90 | 91 | 94 | 99 | 99 |
| Other Income | 1 | 1 | 3 | 0 | 0 | 1 | 1 | 44 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 0 |
| Profit before tax | 61 | 74 | 192 | 9 | 172 | 193 | 202 | 215 | 309 | 285 |
| Tax % | 1 | 2 | 6 | 3 | 17 | -1 | 1 | 0 | -1 | — |
| Net Profit | 61 | 73 | 180 | 9 | 143 | 195 | 199 | 214 | 311 | 279 |
| EPS in Rs | 53.16 | 63.7 | 157.45 | 7.71 | 124.87 | 170.88 | 174.4 | 187.56 | 271.74 | 243.7 |
| Dividend Payout % | 62 | 52 | 32 | 649 | 64 | 94 | 97 | 75 | 81 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 6541 | 8214 | 11312 | 8199 | 16232 | 22842 | 19031 | 27005 | 30851 | 27623 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 20 | 18 | 391 | 14 | 1036 | 1846 | 1355 | 2377 | 3725 | 3156 |
| Total Liabilities | 6572 | 8243 | 11714 | 8225 | 17280 | 24699 | 20398 | 29394 | 34588 | 30791 |
| Fixed Assets | 7 | 13 | 15 | 15 | 14 | 13 | 12 | 10 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6511 | 8196 | 11680 | 8080 | 17189 | 24654 | 20364 | 29362 | 34563 | 30759 |
| Other Assets | 54 | 34 | 20 | 130 | 76 | 33 | 22 | 22 | 24 | 32 |
| Total Assets | 6572 | 8243 | 11714 | 8225 | 17280 | 24699 | 20398 | 29394 | 34588 | 30791 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -33 | 1 | 1 | -7 | -6 | 119 | 209 | 206 | 159 | 267 |
| Cash from Investing Activity | 35 | 40 | 45 | 195 | -68 | -62 | -3 | -12 | 36 | -19 |
| Cash from Financing Activity | -2 | -41 | -45 | -113 | -1 | -58 | -205 | -194 | -193 | -250 |
| Net Cash Flow | 0 | 0 | 0 | 75 | -75 | 0 | 0 | 0 | 1 | -2 |
| Free Cash Flow | -34 | -5 | -2 | -9 | -6 | 119 | 207 | 206 | 224 | 267 |
| CFO/OP | 530 | 3 | 5 | -2 | -44 | 86 | 119 | 106 | 100 | 92 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 95 | 15 | 14 | 8 | 82 | 19 | 11 | 3 | 0 | 0 |
| Inventory Days | 111 | 57 | 72 | — | 163 | — | — | — | — | — |
| Days Payable | 40 | 40 | 8 | — | 99 | — | — | — | — | — |
| Cash Conversion Cycle | 166 | 33 | 78 | 8 | 146 | 19 | 11 | 3 | 0 | 0 |
| Working Capital Days | -43 | 1 | 4 | 4 | 103 | 31 | 10 | 7 | -35 | 13 |
| ROCE % | 0 | 1 | 1 | 2 | 0 | 1 | 1 | 1 | 1 | 1 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% | 51% |
| FIIs | 4.16% | 4.39% | 4.43% | 4.55% | 4.73% | 4.89% | 4.91% | 5.12% | 6.21% | 6.25% | 6.34% | 6.17% |
| DIIs | 5.15% | 5.08% | 5.09% | 5.37% | 5.34% | 5.27% | 4.52% | 4.27% | 3.85% | 3.88% | 3.69% | 3.85% |
| Government | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 26.06% | 25.91% | 25.84% | 25.46% | 25.08% | 24.88% | 25.32% | 24.63% | 24.11% | 24.03% | 23.95% | 24.16% |
| Others | 13.62% | 13.61% | 13.64% | 13.61% | 13.85% | 13.95% | 14.24% | 14.97% | 14.81% | 14.83% | 15.01% | 14.81% |
| No. of Shareholders | 20573 | 20073 | 20715 | 21195 | 21964 | 25851 | 24878 | 25089 | 25172 | 24919 | 23919 | 24766 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 4 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 13426.2 | Sell |
| EMA (10) | 13311.87 | Sell |
| SMA (20) | 13387.7 | Sell |
| EMA (20) | 13362.49 | Sell |
| SMA (50) | 13261.32 | Sell |
| EMA (50) | 13232.58 | Sell |
| SMA (100) | 12850.1 | Buy |
| EMA (100) | 13121.28 | Sell |
| SMA (200) | 13139.38 | Sell |
| EMA (200) | 13118.82 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.81 | Neutral |
| MACD (12,26,9) | -15.77 | Sell |
| Stochastic (14,3,3) | 15.87 | Buy |
| ADX (14) | 17.83 | Neutral |
| Williams %R (14) | -90.02 | Buy |
| ATR (14) | 329.52 | Neutral |
| ROC (12) | -5.11 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 32.54 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Board Meeting Intimation for Considering Declaration Of Interim Dividend For FY2027](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19eb9c4b-6664-450a-b60d-a6c1b1c1fa4a.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=13c9a188-2d07-461f-84fe-ec2ae4145c3e.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7cb0a76e-f6df-4956-8834-fab6d29093b1.pdf) |
| 2026-08-28 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b0671e6-7305-48fd-9eff-71f7631a84bd.pdf) |
| 2026-07-31 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a39884e3-4321-474e-94e4-f67e9249121e.pdf) |
| 2026-07-29 | [Board Meeting Outcome for Board Meeting Intimation For Consideration And Approval Of Unaudited Financial Results For The Quarter Ended 30 June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e696b2fb-ca58-4a2c-afb2-b2ec72d18ce5.pdf) |
| 2026-07-29 | [Maharashtra Scooters Limited Has Informed The Exchange Regarding The Amendment To AOA & MOA Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb68f0c9-8c43-45ee-9d8b-53816f7e1cd7.pdf) |
| 2026-07-29 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0fe7961-b561-4e62-a919-c3cd2cbe1ec0.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79759db1-006b-457a-81ba-21028d0de349.pdf) |
| 2026-07-08 | [Board Meeting Intimation for Considering And Approving Unaudited Financial Results For The Quarter Ended 30 June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=538db444-d4f5-4626-ac06-90c8e232a477.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-29 | [Unaudited Financial Results For The Quarter Ended 30 June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8c661f9-f830-473b-8843-dbe7cf5f790f.pdf) |
| 2026-04-22 | [Audited Financial Results For The Year Ended 31 March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8f97385-e816-4796-b2ae-e6e2de389c07.pdf) |
| 2026-01-12 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31 December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=260477f8-4365-4ff3-8fdd-5d4e6d47d941.pdf) |
| 2025-11-03 | [Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=299a7a5c-27a0-4357-9ec3-30db98b5110b.pdf) |
| 2025-11-03 | [Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05e6df1d-8443-44e2-9d7a-ef5805a9b1c1.pdf) |
| 2025-07-23 | [Unaudited Financial Results For The Quarter Ended 30 June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=defbe675-e9e5-486d-97f1-169cea54a403.pdf) |
| 2025-04-23 | [Audit Financial Result For The Year Ended 31 March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=039d62d4-33b3-4c3b-bc3d-5bdc41f15074.pdf) |
| 2025-01-15 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31 December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe49a3e4-5715-4632-97b7-770d5e86fa72.pdf) |
| 2024-10-21 | [Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c07a46c1-230d-4955-a7a7-10095058bd0b.pdf) |
| 2024-07-22 | [Unaudited Financial Results For The Quarter Ended 30 June 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8eaaff1-858a-4eeb-b53f-4bd0c29e8a34.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/846babc4-b9e4-48eb-8a4f-324ca5e01515.pdf) |
| 6 Apr - Board meeting on 22 April 2026 to approve FY26 audited results and consider dividend. | [Board Meeting Intimation for Board Meeting Intimation For Considering And Approving The Audited Financial Results For Quarter And Financial Year Ended 31 March 2026 And Recommendation Of Dividend, If Any. 6 Apr - Board meeting on 22 April 2026 to approve FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa937728-dfd0-4885-b6b1-eda632a20782.pdf) |
| 3 Jan - Board meeting 12 Jan 2026 to approve unaudited Q3/9M results ended 31 Dec 2025; trading window closed 1-14 Jan 2026. | [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.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e916d685-638e-45c8-82ba-ab3fd96ad204.pdf) |
| 29 Dec 2025 - Trading window closed from 1 Jan 2026 until two days after unaudited Q3/9M results for 31 Dec 2025. | [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.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76471635-ec7f-4a92-ba94-2bce93bc36be.pdf) |
| 27 Mar - On 27 Mar 2026 MSL bought Bajaj Finance Rs23.07Cr and Bajaj Auto Rs12.03Cr shares. | [Announcement under Regulation 30 (LODR)-Acquisition 27 Mar - On 27 Mar 2026 MSL bought Bajaj Finance Rs23.07Cr and Bajaj Auto Rs12.03Cr shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e4a197d-e709-4508-ba5c-4227c33bdfb7.pdf) |
| 26 Mar - Trading window closed from 1 Apr 2026 until 2 days after audited results for FY ending 31 Mar 2026. | [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.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/197204c9-001c-4e69-9880-7a273a7c7ab6.pdf) |
| 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 26 Mar - MSL bought Bajaj Finance ₹21.58Cr (0.0039%) and Bajaj Auto ₹31.87Cr (0.0125%) on 25-Mar-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0ff128c-b0b8-44c7-95c7-5033d13fdaae.pdf) |
| 22 Apr - FY26 audited results approved; Rs 60 final dividend recommended, record date 30 June 2026, AGM 29 July 2026. | [Record Date For Determining Members Eligible To Receive The Final Dividend, If Approved By The Shareholders 22 Apr - FY26 audited results approved; Rs 60 final dividend recommended, record date 30 June 2026, AGM 29 July 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71a1e919-b8d5-4078-b69c-558e137876d2.pdf) |
| 22 Apr - FY26 audited results approved; final dividend Rs60/share recommended, record date 30 June 2026, AGM 29 July 2026. | [Audited Financial Results For The Year Ended 31 March 2026 22 Apr - FY26 audited results approved; final dividend Rs60/share recommended, record date 30 June 2026, AGM 29 July 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8f97385-e816-4796-b2ae-e6e2de389c07.pdf) |
| 22 Apr - Board approved FY26 audited results, recommended Rs60 final dividend, set 30 June 2026 record date and 29 July 2026 AGM. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 22 April 2026 22 Apr - Board approved FY26 audited results, recommended Rs60 final dividend, set 30 June 2026 record date and 29 July 2026 AGM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8ff2a59-61b9-4d59-9ddd-2041efc3631c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_117_MAHSCOOTER_2012_2013_20062013105520.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed6e6d98-dfa2-4f7a-8424-c54133438681.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/445122c3-d3f6-48a0-976a-65cdcaa32a77.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/30ab19a4-8b17-4152-9127-c6fa7ebd890b.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9149f1a4-bee3-411a-90bf-79056237a2e5.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500266/73417500266.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500266/68674500266.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500266/5002660320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/500266/5002660319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/500266/5002660318.pdf) |

---

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 2026-09-13T19:41:12.183Z.