MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) financials

MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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]

Market Cap: ₹13,713Cr.
Current Price: ₹11,999
Stock P/E: 49.2
ROE: 1.06%
ROCE: 1.06%
Book Value: ₹24,180
Dividend Yield: 1.83%
52W High / Low: ₹17,273/10,901

In Jun 2026, MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) reported sales ₹5.41 Cr and net profit ₹3.32 Cr.

Annual TTM: sales ₹289 Cr, net profit ₹279 Cr.

Shareholding: Promoters 51.00% (Sep 2026), FIIs 6.31% (Sep 2026), DIIs 3.82% (Sep 2026), Government 0.01% (Sep 2026), Public 38.86% (Sep 2026).

MAHSCOOTER quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	163.17	5.79	6.65	29.27	271.02	6.44	6.03	5.41
Expenses	2.22	1.70	1.90	1.08	1.22	0.88	1.05	0.86
Operating Profit	160.95	4.09	4.75	28.19	269.80	5.56	4.98	4.55
OPM %	98.64%	70.64%	71.43%	96.31%	99.55%	86.34%	82.59%	84.10%
Other Income	0.22	0.70	57.78	0.00	0.00	0.00	0.48	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.48	0.48	0.48	0.01	0.00	0.01	0.00	0.00
Profit before tax	160.69	4.31	62.05	28.18	269.80	5.55	5.46	4.55
Tax %	5.93%	23.43%	16.79%	-25.48%	1.01%	25.77%	26.56%	27.03%
Net Profit	151.16	3.30	51.63	35.36	267.07	4.12	4.01	3.32
EPS in Rs	132.26	2.89	45.18	30.94	233.69	3.60	3.51	2.90
Raw PDF	—	—	—	—	—	—	—	—

MAHSCOOTER profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	211	30	194	217	223	184	313	289
Expenses	20	20	20	23	19	12	4	4
Operating Profit	191	11	174	194	203	173	309	285
OPM %	90%	35%	90%	90%	91%	94%	99%	99%
Other Income	3	0	0	1	1	44	0	0
Interest	0	0	0	0	0	0	0	0
Depreciation	2	2	2	2	2	2	0	0
Profit before tax	192	9	172	193	202	215	309	285
Tax %	6%	3%	17%	-1%	1%	0%	-1%	—
Net Profit	180	9	143	195	199	214	311	279
EPS in Rs	157.45	7.71	124.87	170.88	174.40	187.56	271.74	243.70
Dividend Payout %	32%	649%	64%	94%	97%	75%	81%	—

MAHSCOOTER balance sheet (₹ Cr.)
Category	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
Reserves	11,312	8,199	16,232	22,842	19,031	27,005	30,851	27,623
Borrowings	0	0	0	0	0	0	0	0
Other Liabilities	391	14	1,036	1,846	1,355	2,377	3,725	3,156
Total Liabilities	11,714	8,225	17,280	24,699	20,398	29,394	34,588	30,791
Fixed Assets	15	15	14	13	12	10	0	0
CWIP	0	0	0	0	0	0	0	0
Investments	11,680	8,080	17,189	24,654	20,364	29,362	34,563	30,759
Other Assets	20	130	76	33	22	22	24	32
Total Assets	11,714	8,225	17,280	24,699	20,398	29,394	34,588	30,791

MAHSCOOTER cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	1	-7	-6	119	209	206	159	267
Cash from Investing Activity	45	195	-68	-62	-3	-12	36	-19
Cash from Financing Activity	-45	-113	-1	-58	-205	-194	-193	-250
Net Cash Flow	-0	75	-75	-0	0	0	1	-2
Free Cash Flow	-2	-9	-6	119	207	206	224	267
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	5%	-2%	-44%	86%	119%	106%	100%	92%

MAHSCOOTER shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%
FIIs	4.89%	4.90%	5.12%	6.21%	6.24%	6.33%	6.18%	6.31%
DIIs	5.27%	4.52%	4.26%	3.85%	3.87%	3.69%	3.85%	3.82%
Government	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	38.84%	39.56%	39.60%	38.92%	38.86%	38.96%	38.96%	38.86%
No. of Shareholders	25,851	24,878	25,089	25,172	24,919	23,919	24,766	25,060

MAHSCOOTER key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	14	8	82	19	11	3	0	0
Inventory Days	72	—	163	—	—	—	—	—
Days Payable	8	—	99	—	—	—	—	—
Cash Conversion Cycle	78	8	146	19	11	3	0	0
Working Capital Days	4	4	103	31	10	7	-35	13
ROCE %	1%	2%	0%	1%	1%	1%	1%	1%

MAHSCOOTERUpdated 22 Oct 2026, 5:46

Maharashtra Scooters Ltd

MAHSCOOTERUpdated 22 Oct 2026, 5:46

Market Cap

₹13,713Cr.

Current Price

₹11,999

High / Low

₹17,273/10,901

Stock P/E

49.2

ROE1.06%

ROCE1.06%

Book Value₹24,180

Face Value₹10.0

Dividend Yield1.83%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	5.26	4.05	0	0.52	0.69	30.43	0.48	0.42
Sep 2023	205.92	5.61	0.11	0.52	199.9	1.09	197.73	173.01
Dec 2023	6.37	5.16	0.7	0.51	1.4	28.57	1	0.87
Mar 2024	5.18	4.49	0	0.52	0.17	41.18	0.1	0.09
Jun 2024	7.72	5.74	-13.23	0.52	-11.77	-170.18	8.26	7.23
Sep 2024	163.17	2.22	0.22	0.48	160.69	5.93	151.16	132.26
Dec 2024	5.79	1.7	0.7	0.48	4.31	23.43	3.3	2.89
Mar 2025	6.65	1.9	57.78	0.48	62.05	16.79	51.63	45.18
Jun 2025	29.27	1.08	0	0.01	28.18	-25.48	35.36	30.94
Sep 2025	271.02	1.22	0	0	269.8	1.01	267.07	233.69
Dec 2025	6.44	0.88	0	0.01	5.55	25.77	4.12	3.6
Mar 2026	6.03	1.05	0.48	0	5.46	26.56	4.01	3.51
Jun 2026	5.41	0.86	0	0	4.55	27.03	3.32	2.9

Profit & loss

Annual statement₹ Cr.

Year	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	7	12	63	3	55	0	55	47.91
Mar 2016	9	15	108	1	101	0	101	88.37
Mar 2017	8	14	21	1	14	9	13	11.44
Mar 2018	82	20	1	1	61	1	61	53.16
Mar 2019	95	20	1	2	74	2	73	63.7
Mar 2020	211	20	3	2	192	6	180	157.45
Mar 2021	30	20	0	2	9	3	9	7.71
Mar 2022	194	20	0	2	172	17	143	124.87
Mar 2023	217	23	1	2	193	-1	195	170.88
Mar 2024	223	19	1	2	202	1	199	174.4
Mar 2025	184	12	44	2	215	0	214	187.56
Mar 2026	313	4	0	0	309	-1	311	271.74
TTM	289	4	0	0	285	—	279	243.7

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	51%
FIIs	6.31%
DIIs	3.82%
Government	0.01%
Public	38.86%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	51%	4.39%	5.1%	0.01%	39.5%
Mar 2024	51%	4.42%	5.08%	0.01%	39.47%
Jun 2024	51%	4.54%	5.36%	0.01%	39.08%
Sep 2024	51%	4.73%	5.34%	0.01%	38.94%
Dec 2024	51%	4.89%	5.27%	0.01%	38.84%
Mar 2025	51%	4.9%	4.52%	0.01%	39.56%
Jun 2025	51%	5.12%	4.26%	0.01%	39.6%
Sep 2025	51%	6.21%	3.85%	0.01%	38.92%
Dec 2025	51%	6.24%	3.87%	0.01%	38.86%
Mar 2026	51%	6.33%	3.69%	0.01%	38.96%
Jun 2026	51%	6.18%	3.85%	0.01%	38.96%
Sep 2026	51%	6.31%	3.82%	0.01%	38.86%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Other Liabilities	Total Liabilities	Fixed Assets	Investments	Other Assets	Total Assets
Mar 2015	11	241	66	318	4	271	43	318
Mar 2016	11	301	25	337	7	280	50	337
Mar 2017	11	6541	20	6572	7	6511	54	6572
Mar 2018	11	8214	18	8243	13	8196	34	8243
Mar 2019	11	11312	391	11714	15	11680	20	11714
Mar 2020	11	8199	14	8225	15	8080	130	8225
Mar 2021	11	16232	1036	17280	14	17189	76	17280
Mar 2022	11	22842	1846	24699	13	24654	33	24699
Mar 2023	11	19031	1355	20398	12	20364	22	20398
Mar 2024	11	27005	2377	29394	10	29362	22	29394
Mar 2025	11	30851	3725	34588	0	34563	24	34588
Mar 2026	11	27623	3156	30791	0	30759	32	30791

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	-10	41	-33	-2
Mar 2016	-8	81	-80	-6
Mar 2017	-33	35	-2	0
Mar 2018	1	40	-41	0
Mar 2019	1	45	-45	0
Mar 2020	-7	195	-113	75
Mar 2021	-6	-68	-1	-75
Mar 2022	119	-62	-58	0
Mar 2023	209	-3	-205	0
Mar 2024	206	-12	-194	0
Mar 2025	159	36	-193	1
Mar 2026	267	-19	-250	-2

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	137	99	95	15	14	8	82	19	11	3	0	0
Inventory Days	134	42	111	57	72	—	163	—	—	—	—	—
Days Payable	27	37	40	40	8	—	99	—	—	—	—	—
Cash Conversion Cycle	243	104	166	33	78	8	146	19	11	3	0	0
Working Capital Days	-2,141	-203	-43	1	4	4	103	31	10	7	-35	13
ROCE %	20%	35%	0%	1%	1%	2%	0%	1%	1%	1%	1%	1%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MAHARASHTRA SCOOTERS LTD (MAHSCOOTER)?

The reported market capitalisation for MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) is ₹13,713Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MAHSCOOTER?

The current price shown for MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) on Fincrux is ₹11,999 with a 52-week high/low of ₹17,273/10,901.

What is the P/E ratio of MAHARASHTRA SCOOTERS LTD (MAHSCOOTER)?

The stock P/E for MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) is 49.2 on Fincrux, with ROE at 1.06% and ROCE at 1.06%.

What were MAHSCOOTER latest quarterly results?

For Jun 2026, MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) reported sales ₹5.41 Cr and net profit ₹3.32 Cr (figures in ₹ crore unless noted).

What are MAHSCOOTER annual sales and net profit?

For TTM, MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) shows sales of ₹289 Cr and net profit of ₹279 Cr on the Fincrux profit & loss statement.

Who owns MAHARASHTRA SCOOTERS LTD (MAHSCOOTER)?

Latest shareholding for MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) on Fincrux: Promoters 51.00% (Sep 2026), FIIs 6.31% (Sep 2026), DIIs 3.82% (Sep 2026), Government 0.01% (Sep 2026), Public 38.86% (Sep 2026).

Where can I find MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) financials?

MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MAHSCOOTER balance sheet and cash flow?

Yes. The MAHARASHTRA SCOOTERS LTD (MAHSCOOTER) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 22 October 2026 at 5:46