Maharashtra Scooters Limited

NSE: MAHSCOOTER · Unclassified

₹12,060.00-1.95%06 Nov 2026

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Instant answers about Maharashtra Scooters Limited — computed from its filings, no language model

Market cap₹13,785 cr

Current price₹12,060.00

High / Low₹16,434 / ₹11,109

P/E—

P/B—

Book value—

ROE—

ROCE—

Debt / equity—

Dividend yield1.81%

EPS (TTM)—

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY18	FY19	FY20	FY22	FY23	FY24	FY25	FY26
Total income	82.4	95.9	213.8	194.5	217.8	223.5	185.2	313.2
Tax	0.6	1.6	11.9	29.5	-2.2	2.9	0.9	-1.6
Operating cash flow	—	—	—	-38.2	208.8	206.0	158.8	267.1
Capex	—	—	—	0.2	1.6	0.1	0.0	0.0
Dividend paid	—	—	—	57.6	205.2	194.1	193.3	250.0
Total assets	—	—	—	—	20,398.3	29,393.9	34,587.5	30,791.0

Quarterly performance

last 33 quarters · ₹ crore

showing latest 8 of 33 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Total income	6.4	6.8	71.1	10.6	7.5	5.5	73.7	8.9	125.7	5.3	6.0	8.1	6.7	166.6	10.7	10.4	7.3	8.7	9.3	5.3	206.0	7.1	5.2	8.6	163.4	6.5	6.8	29.3	271.0	6.4	6.5	5.4	297.4
Other income	3.2	3.6	66.2	7.5	4.1	4.1	70.8	4.2	119.4	3.9	4.0	3.8	4.0	163.7	5.1	4.5	4.3	1.2	0.1	0.0	0.1	0.7	0.0	0.8	0.2	0.7	0.1	0.0	0.0	0.0	0.5	0.0	0.0
Tax	-0.3	0.1	0.1	0.0	1.4	0.0	0.2	0.2	11.4	0.1	0.3	-0.3	0.7	27.0	1.1	0.7	0.7	1.1	0.5	0.2	2.2	0.4	0.1	-20.0	9.5	1.0	10.4	-7.2	2.7	1.4	1.4	1.2	2.6
Revenue YoY	—	—	—	—	16.9%	-19.0%	3.7%	-15.9%	1585.4%	-2.9%	-91.8%	-9.3%	26.0%	2663.5%	32.0%	—	9.3%	-18.7%	-10.7%	-28.0%	—	-18.8%	-44.3%	62.9%	-20.7%	-8.2%	30.3%	241.5%	65.9%	-0.8%	-3.6%	-81.5%	9.7%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Maharashtra Scooters Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Total income	2.6	4.4	6.4	6.9	6.7	4.2	7.0	9.0	8.5
Pre-provision op. profit	-12.4	-12.5	-12.6	-10.7	-3.4	-4.8	-5.0	-6.4	-6.5
Operating margin	-468.3%	-282.4%	-197.5%	-155.0%	-50.4%	-116.0%	-71.8%	-71.3%	-76.4%
Other income	24.3	19.9	34.7	63.6	53.2	53.4	62.9	108.2	20.7
Depreciation	1.0	1.0	1.0	1.0	1.0	0.9	3.2	0.7	0.6
Profit before tax	10.9	6.4	21.1	-6.5	48.8	47.6	54.8	101.0	13.7
Tax	-0.0	-2.0	-0.6	0.0	0.0	0.0	0.0	0.0	1.1
Net profit	10.9	8.4	21.7	-6.5	48.8	47.6	54.8	101.0	12.6

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Total income	0.7	0.4	1.0	0.7	0.3	0.7	0.9	0.8	0.8	1.3	1.6	1.4	1.4	1.8	1.8	1.1	1.4	2.2	2.3	0.8	1.7	2.4	1.9	0.8	1.1	1.1	1.2	1.4	1.7	1.4	2.5	2.3	2.7	2.3	1.7	0.9	1.4	3.1	3.1	2.9	3.5	3.0
Pre-provision op. profit	-2.8	-3.6	-3.8	-3.1	-3.0	-3.0	-3.3	-2.9	-3.0	-3.2	-3.4	-3.0	-3.1	-3.2	-3.3	-4.1	-3.1	-2.4	-1.1	-1.1	-1.1	-0.7	-0.5	-1.2	-1.1	-1.4	-1.2	-1.5	-1.3	-1.1	-1.0	-0.9	-2.8	-1.3	-1.4	-1.9	-1.6	-1.4	-1.6	-1.8	-0.9	-3.1
Operating margin	-422.4%	-942.1%	-376.2%	-420.3%	-990.0%	-419.4%	-371.9%	-389.3%	-397.3%	-242.0%	-211.8%	-209.8%	-223.4%	-182.0%	-183.2%	-388.7%	-229.4%	-109.7%	-47.2%	-153.3%	-63.5%	-28.1%	-26.4%	-145.1%	-105.7%	-124.8%	-97.5%	-111.8%	-74.0%	-82.7%	-42.1%	-39.8%	-105.3%	-56.8%	-80.3%	-214.8%	-113.2%	-43.7%	-52.4%	-62.4%	-25.9%	-102.6%
Other income	16.0	4.6	2.3	3.8	16.2	2.2	2.1	1.9	13.5	2.2	2.3	2.1	27.5	2.5	2.6	2.4	43.7	2.6	14.9	2.6	44.7	2.9	3.1	2.5	45.0	3.0	3.0	2.9	50.9	4.2	4.9	3.1	52.2	3.3	49.5	3.4	10.7	3.4	3.3	3.2	59.3	4.0
Interest	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—
Depreciation	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.3	0.2	0.2	0.2	0.2	0.4	2.0	0.4	0.3	0.2	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.2	0.2
Profit before tax	12.9	0.8	-1.8	0.5	13.0	-1.1	-1.5	-1.3	10.2	-1.2	-1.4	-1.1	24.1	-1.0	-0.9	-7.4	34.9	-23.8	-10.3	1.2	43.4	2.0	2.3	1.0	43.6	1.4	1.6	0.9	47.6	2.6	3.5	2.0	49.2	1.8	48.0	1.4	8.9	1.9	1.5	1.3	58.2	0.7
Tax	0.0	0.0	0.2	0.0	0.0	0.0	-0.0	0.0	0.0	0.0	-2.0	0.0	0.0	0.0	-0.6	0.0	0.0	0.0	0.0	0.2	0.4	0.4	-1.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.9	0.3	0.2	0.3	0.3
Net profit	12.9	0.8	-2.0	0.5	13.0	-1.1	-1.4	-1.3	10.2	-1.2	0.7	-1.1	24.1	-1.0	-0.3	-7.4	34.9	-23.8	-10.3	1.0	43.0	1.6	3.3	1.0	43.6	1.4	1.6	0.9	47.6	2.6	3.5	2.0	49.2	1.8	48.0	1.4	8.9	1.0	1.3	1.1	58.0	0.4
EPS ₹	11.30	0.68	-1.72	0.41	11.36	-0.97	-1.26	-1.11	8.97	-1.07	0.57	-0.97	21.13	-0.86	-0.29	-6.46	30.58	-20.81	-8.99	0.84	37.62	1.39	2.89	0.91	38.17	1.19	1.38	0.82	41.70	2.30	3.08	1.72	43.09	1.61	41.95	1.19	7.79	0.89	1.12	0.93	50.71	0.34
Revenue YoY	—	—	—	—	-55.2%	89.5%	-11.9%	1.4%	150.0%	81.9%	80.9%	90.7%	82.7%	35.9%	11.2%	-25.9%	-0.7%	21.3%	30.2%	-29.2%	22.8%	8.8%	-17.2%	9.3%	-36.5%	-53.6%	-37.3%	65.9%	63.2%	27.5%	104.1%	69.9%	53.8%	63.3%	-30.0%	-61.9%	-45.9%	37.0%	77.5%	229.5%	144.4%	-2.9%
Profit YoY	—	—	—	—	0.5%	-242.3%	—	-368.1%	-21.1%	—	—	—	135.8%	—	-150.0%	—	44.7%	—	—	—	23.0%	—	—	7.3%	1.5%	-13.8%	-52.4%	-8.7%	9.2%	92.7%	124.8%	108.5%	3.4%	-30.3%	1258.4%	-30.6%	-81.9%	-44.0%	-97.4%	-22.1%	551.1%	-62.1%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 24 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '22	JUN '22	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Deposits	0.0	0.0	0.0	—	0.0	0.0	0.0	0.0
Borrowings	0.0	0.0	0.0	—	0.0	0.0	0.0	0.0
Total assets	20,398.3	26,952.8	29,393.9	34,594.7	34,587.5	37,250.5	30,791.0	36,540.5
Investments	20,363.9	26,758.2	29,362.2	—	34,563.2	37,020.3	30,758.9	36,307.6

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	-38.2	208.8	206.0	158.8	267.1
Cash from investing	95.3	-3.5	-11.6	35.8	-19.0
Cash from financing	-57.6	-205.2	-194.1	-193.3	-250.0
Capex	0.2	1.6	0.1	0.0	0.0
Free cash flow	-38.4	207.2	205.9	158.8	267.1
Dividends paid	57.6	205.2	194.1	193.3	250.0

Where the assets sit

Sep '26 · ₹ crore

Investments

₹36,307.6 cr99%

Other assets

₹232.9 cr1%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Maharashtra Scooters Limited	13,785	12,060.00	—	—	—

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-2.1%

6 months-6.3%

1 year-26.5%

3Y CAGR+15.6%

5Y CAGR+22.5%

10Y CAGR+21.0%

50-day avg₹12,734.82

200-day avg₹12,838.84

RSI (14)44

FAQs

What is the share price of Maharashtra Scooters Limited?

Maharashtra Scooters Limited (MAHSCOOTER) closed at ₹12,060.00 on NSE on 06 Nov 2026.

What is the market cap of Maharashtra Scooters Limited?

₹13,785 crore at the latest close.

How fast is Maharashtra Scooters Limited growing?

Maharashtra Scooters Limited: revenue has compounded at 12.9% a year over three years. Latest-quarter revenue is up 9.7% year on year.

How profitable is Maharashtra Scooters Limited?

Profitability ratios for Maharashtra Scooters Limited aren't available yet.

How much debt does Maharashtra Scooters Limited have?

Debt to equity isn't meaningful for Maharashtra Scooters Limited (banks borrow as part of their business) or isn't filed yet.

Financials parsed from Maharashtra Scooters Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.