Maharashtra Scooters Ltd

Maharashtra Scooters Ltd

12,282.00
INR
+283.00
(+2.36%)
126.96BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
48.22
58.64
99.76
23.08
69.3
79.81
184.4
26.5
169.6
189.05
194.69
159.85
273.81
- -
Basic EPS, GAAP
41.65
47.91
88.37
11.43
53.16
63.7
157.45
7.71
124.87
170.88
174.4
187.56
271.74
- -
Free Cash Flow per Basic Share
-5.88
-9.03
-10.09
-29.49
-5.2
-2.88
-8.33
-5.81
103.8
181.29
180.14
138.92
233.67
- -
Dividend per Share
19.51
24.35
57.45
1.45
29.38
32.86
81.74
1.01
50.36
179.51
169.83
169.12
218.74
- -
Book Value per Share
208.92
220.73
3,706.51
5,733.43
7,197.11
9,907.82
7,184.43
14,213.13
19,996.34
16,662.46
23,639.65
27,005.01
24,180.45
- -
Tangible Book Value per Share
208.92
220.73
3,706.51
5,733.43
7,197.11
9,907.82
7,184.43
14,213.13
19,996.34
16,662.46
23,639.65
27,005.01
24,180.45
- -
Basic Weighted Avg Shares
11
11
11
11
11
11
11
11
11
11
11
11
11
11
Sales/Revenue/Turnover
551
670
1,140
264
792
912
2,107
303
1,938
2,161
2,225
1,827
3,129
- -
Operating Margin (%)
82.25
77.6
85.89
43.79
73.97
76.48
89.7
29.12
88.7
88.78
90.66
93.03
98.6
- -
Depreciation Expense
9
32
7
6
7
16
18
19
20
20
21
20
- -
- -
Net Income, GAAP
476
548
1,010
131
608
728
1,799
88
1,427
1,953
1,993
2,144
3,106
- -
Effective Tax Rate (%)
- -
- -
- -
8.87
0.95
2.15
6.18
2.57
17.14
- -
1.41
0.43
- -
- -
Profit Margin (%)
86.38
81.71
88.59
49.53
76.72
79.81
85.39
29.1
73.63
90.39
89.58
117.33
99.24
- -
Working Capital
57
82
473
753
940
1,653
1,845
929
1,307
1,318
1,480
1,324
863
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
2,388
2,523
42,360
65,525
82,253
113,232
82,108
162,436
228,530
190,428
270,167
308,629
276,348
- -
Return on Invested Capital (%)
20.54
22.3
4.5
0.23
0.79
0.71
1.82
0.07
0.73
- -
0.86
0.73
- -
- -
Return on Capital (%)
20.54
22.3
4.5
0.24
0.82
0.74
1.84
0.07
0.73
- -
0.87
0.74
- -
- -
Return on Common Equity (%)
20.54
22.3
4.5
0.24
0.82
0.74
1.84
0.07
0.73
0.93
0.87
0.74
1.06
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
162,549
126,960
142,869

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
940
- -
Cash, Cash Equivalents & STI
- -
728
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
78
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.79%
13.93%
-10.46%
Free Cash Flow
-154.27%
-353.46%
68.21%
Net Income, GAAP
196.06%
322.17%
44.88%
Sales/Revenue/Turnover
79.18%
121.58%
71.29%
Total Cash Common Dividend
703.45%
1,029.48%
29.34%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
77
1,632
58
67
1,827
2026
293
- -
64
60
3,129
2027
54
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7.2
132.3
2.9
45.2
187.56
2026
30.94
- -
3.6
3.5
271.74
2027
2.91
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
169.12
2026
- -
- -
- -
- -
218.74
2027
- -
- -
- -
- -
- -

Company Description

CEO
Anant Gopal Marathe
Full Time Employees
5
Sector
Finance
Industry
Financial conglomerates
Address
Panchshil Tech Park Pune MA India 411014
IPO Date
Dec 19, 1994
Business
Maharashtra Scooters Limited, a core investment company listed on BSE and NSE under ticker MAHSCOOTER.NS, primarily invests at least 90% of its assets in Bajaj Group entities including a significant stake in Bajaj Finserv and Bajaj Holdings & Investment Limited, with the balance in debt instruments and treasuries to generate returns while preserving capital; it engages in treasury operations and fund management. The company, founded in 1975 and headquartered in Pune, India, operates solely within India as a subsidiary of Bajaj Holdings & Investment Limited, targeting institutional and retail investors through its equity shares and dividend payouts. In recent developments, Maharashtra Scooters divested its manufacturing assets including property, plant, and machinery in February 2025 for net proceeds of approximately INR 436 million, transitioning to a pure-play investment holding company; it appointed V Rajagopalan and S Ravikumar as Joint Managing Directors subject to shareholder approval, declared interim and special dividends including for FY2026, and reported leadership changes such as the resignation of CEO Sanjay Uttekar and various compliance officers while maintaining strong financial performance with profit growth.