| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 70 | 117 | 29 | 82 | 96 | 214 | 31 | 195 | 218 | 224 | 185 | 264 |
| Expenses | -3 | -1 | -1 | -1 | 20 | 20 | 20 | 20 | 23 | 19 | 12 | 7 |
| EBITDA | 73 | 118 | 30 | 83 | 76 | 194 | 11 | 174 | 195 | 204 | 174 | 257 |
| Operating Profit % | 145 % | 108 % | 107 % | 106 % | -38 % | -31 % | -29 % | 90 % | 90 % | 91 % | 94 % | 84 % |
| Depreciation | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 55 | 101 | 14 | 61 | 74 | 192 | 9 | 172 | 193 | 202 | 215 | 255 |
| Tax | 0 | 0 | 1 | 1 | 2 | 12 | 0 | 30 | -2 | 3 | 1 | 14 |
| Net Profit | 55 | 101 | 13 | 61 | 73 | 180 | 9 | 143 | 195 | 199 | 214 | 242 |
| EPS in ₹ | 47.91 | 88.37 | 11.43 | 53.16 | 63.70 | 157.45 | 7.71 | 124.87 | 170.88 | 174.40 | 187.60 | 211.30 |
Maharashtra Scooters
Maharashtra Scooters
14,895.00
-199.00
(-1.32%)
Market Cap
17,022.85 Cr
EPS
187.60
PE Ratio
88.63
Dividend Yield
0.93 %
Industry
Financial Services52 Week High
16,200.00
52 Week Low
8,490.60
PB Ratio
0.56
Debt to Equity
0.00
Sector
Investment Company
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Company News
View All News
Maharashtra Scooters Limited appointed V Rajagopalan and S Ravikumar as Joint Managing Directors effective August 1, 2025. The company also announced the resignation of Sriram Subbramaniam from his position as Company Secretary, effective from close of business hours on July 25, 2025. Following these leadership changes, the company updated its list of authorized persons under SEBI regulations for determining materiality of events and making disclosures to stock exchanges. The authorized contacts now include Chairman Sanjiv Bajaj, the two new Joint Managing Directors, and CFO Anant Marathe.
Sanjay Uttekar has resigned from his position as Chief Executive Officer of Maharashtra Scooters Limited, effective from the close of business hours on July 31, 2025. His resignation follows his acceptance of the company's Voluntary Separation Scheme (VSS). Uttekar submitted his resignation letter on July 11, 2025, and will relinquish all positions held within the company. In his resignation letter, he thanked the Board of Directors, Chairman and Senior Management of Bajaj Finserv Group for their support during his tenure as CEO.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
280.75 | #1 73,281.28 | 21.36 | 40,723.80 | 19.80 | 3,382 | 9.19 | 61.30 | |
204.10 | 50,971.56 | 19.17 | 15,941.00 | 8.25 | 2,643 | 2.26 | 51.91 | |
7,249.00 | 36,676.53 | 107.90 | 306.20 | -20.65 | 312 | 11.59 | 64.75 | |
1,822.80 | 34,228.08 | #1 15.74 | 33,459.90 | 41.96 | #1 4,734 | 19.09 | 29.70 | |
11,831.00 | 23,936.60 | 19.16 | #1 45,032.90 | 12.82 | 2,379 | 40.42 | 59.80 | |
19,111.00 | 21,212.49 | 120.12 | 248.10 | - | 175 | -35.74 | 24.73 | |
14,895.00 | #7 17,022.85 | #8 88.63 | #8 185.20 | #8 -17.14 | #6 214 | #1 326.51 | 54.33 | |
470.30 | 10,445.54 | 25.87 | 160.00 | #1 216.17 | 77 | -60.23 | 49.00 | |
253.35 | 8,377.11 | 68.85 | 974.49 | 29.53 | 179 | -16.41 | 52.94 | |
6,692.50 | 3,437.38 | 72.89 | 125.22 | -33.76 | 43 | -1,572.22 | 33.73 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
-17.14 %
Net Income Growth
7.53 %
Cash Flow Change
-22.94 %
ROE
-6.76 %
ROCE
-10.14 %
EBITDA Margin (Avg.)
2.63 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 318 | 337 | 6,572 | 8,243 | 11,714 | 8,225 | 17,280 | 24,699 | 20,398 | 29,394 | 34,588 |
| Fixed Assets | 4 | 7 | 7 | 13 | 15 | 15 | 14 | 13 | 12 | 10 | 0 |
| Current Assets | 58 | 58 | 84 | 104 | 175 | 197 | 104 | 53 | 39 | 22 | 24 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 37 | 46 | 6,511 | 8,196 | 11,680 | 8,080 | 17,189 | 24,654 | 20,364 | 29,362 | 34,563 |
| Other Assets | 277 | 284 | 54 | 35 | 20 | 130 | 77 | 33 | 23 | 22 | 24 |
| Total Liabilities | 318 | 337 | 6,572 | 8,243 | 11,714 | 8,225 | 17,280 | 24,699 | 20,398 | 29,394 | 34,588 |
| Current Liabilities | 49 | 11 | 9 | 10 | 10 | 12 | 11 | 12 | 11 | 12 | 34 |
| Non Current Liabilities | 17 | 14 | 11 | 8 | 381 | 2 | 1,025 | 1,834 | 1,344 | 2,366 | 3,691 |
| Total Equity | 252 | 312 | 6,553 | 8,225 | 11,323 | 8,211 | 16,244 | 22,853 | 19,043 | 27,017 | 30,863 |
| Reserve & Surplus | 241 | 301 | 6,541 | 8,214 | 11,312 | 8,199 | 16,232 | 22,842 | 19,031 | 27,005 | 30,851 |
| Share Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -2 | -6 | 0 | 0 | -0 | 75 | -75 | -0 | 0 | 0 | 1 |
| Investing Activities | 41 | 81 | 35 | 40 | 45 | 195 | -68 | -62 | -4 | -12 | 36 |
| Operating Activities | -10 | -8 | -33 | 1 | 1 | -7 | -6 | 119 | 209 | 206 | 159 |
| Financing Activities | -33 | -80 | -2 | -41 | -45 | -113 | -1 | -58 | -205 | -194 | -193 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.05 % | 51.05 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 4.16 % | 0.00 % | 4.43 % | 4.55 % | 4.73 % | 4.89 % | 4.91 % | 5.12 % |
| DIIs | 3.06 % | 3.06 % | 3.03 % | 3.03 % | 3.64 % | 4.44 % | 4.54 % | 4.53 % | 4.78 % | 4.90 % | 5.15 % | 5.08 % | 5.09 % | 5.37 % | 5.34 % | 5.27 % | 4.52 % | 4.27 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 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 / Retail | 29.48 % | 29.59 % | 29.48 % | 29.55 % | 29.47 % | 28.95 % | 27.10 % | 26.97 % | 26.78 % | 26.35 % | 26.06 % | 25.91 % | 25.84 % | 25.46 % | 25.08 % | 24.88 % | 25.32 % | 24.63 % |
| Others | 16.46 % | 16.35 % | 16.49 % | 16.42 % | 15.90 % | 15.56 % | 17.31 % | 17.50 % | 17.42 % | 17.75 % | 13.62 % | 18.00 % | 13.64 % | 13.61 % | 13.85 % | 13.95 % | 14.24 % | 14.97 % |
| No of Share Holders | 0 | 18,291 | 18,834 | 19,489 | 20,401 | 22,914 | 22,616 | 21,701 | 20,681 | 19,662 | 20,573 | 20,073 | 20,715 | 21,195 | 21,964 | 25,851 | 24,878 | 25,089 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 30 | 33 | 33 | 50 | 50 | 80 | 160 | 170 | 140 |
| Dividend Yield (%) | 0.00 | 1.31 | 0.93 | 1.61 | 1.4 | 1.36 | 1.92 | 2.23 | 1.51 | 0.93 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 23 Jul 2025 |  Quarterly Result Announcement | NA | 23 Jul 2025 | 14,126.45 | 14,830.95 |
| 23 Jul 2025 |  Annual General Meeting | NA | 23 Jul 2025 | 11,434.65 | 14,830.95 |
| 27 Jun 2025 |  Dividend | ₹ 30.00 /share | 27 Jun 2025 | 11,434.65 | 14,200.20 |
| 27 Jun 2025 | Dividend | ₹ 30.00 /share | 27 Jun 2025 | 11,434.65 | 14,200.20 |
| 23 Apr 2025 | Quarterly Result Announcement | NA | 23 Apr 2025 | 10,656.75 | 11,434.65 |
| 15 Jan 2025 | Quarterly Result Announcement | NA | 15 Jan 2025 | 9,710.95 | 9,230.05 |
| 21 Oct 2024 | Quarterly Result Announcement | NA | 21 Oct 2024 | 11,531.30 | 11,593.70 |
| 25 Sept 2024 | Dividend | ₹ 110.00 /share | 25 Sept 2024 | 10,241.10 | 12,379.30 |
| 22 Jul 2024 | Annual General Meeting | NA | 22 Jul 2024 | 7,899.15 | 9,325.70 |
| 28 Jun 2024 | Dividend | ₹ 60.00 /share | 28 Jun 2024 | 7,899.15 | 8,772.20 |
| 29 Sept 2023 | Dividend | ₹ 110.00 /share | 28 Sept 2023 | 7,400.10 | 7,501.20 |
| 30 Jun 2023 | Dividend | ₹ 60.00 /share | 30 Jun 2023 | 4,550.45 | 5,427.45 |
| 23 Sept 2022 | Dividend | ₹ 100.00 /share | 22 Sept 2022 | 4,575.30 | 5,178.70 |
| 01 Jul 2022 | Dividend | ₹ 80.00 /share | 30 Jun 2022 | 3,950.05 | 3,695.70 |
| 10 Jul 2021 | Dividend | ₹ 50.00 /share | 08 Jul 2021 | 3,465.90 | 3,736.75 |
Announcements
Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Resignation of Chief Executive Officer (CEO)4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer10 days ago
10 days agoShareholder Meeting / Postal Ballot-Scrutinizers ReportJul 24, 2025
Jul 24, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMJul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 23, 2025
Jul 23, 2025Unaudited Financial Results For The Quarter Ended 30 June 2025Jul 23, 2025
Jul 23, 2025Board Meeting Outcome for Outcome Of Board Meeting Held Today On 23 July 2025Jul 23, 2025
Jul 23, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 10, 2025
Jul 10, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJul 03, 2025
Jul 03, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 01, 2025
Jul 01, 2025Business Responsibility and Sustainability Reporting (BRSR)Jun 30, 2025
Jun 30, 2025Reg. 34 (1) Annual Report.Jun 30, 2025
Jun 30, 2025Notice Of 50Th Annual General Meeting Scheduled To Be Held On Wednesday 23 July 2025 At Hotel Hyatt Regency Opposite Weikfield IT Citi Info Park Nagar Road Viman Nagar Pune - 411014;Jun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 30, 2025
Jun 30, 2025Board Meeting Intimation for Considering And Approving The Unaudited Standalone Financial Results For The Quarter Ending 30 June 2025Jun 30, 2025
Jun 30, 2025Communication Sent To Shareholders Regarding Tax Deduction At Source (TDS) On Dividend.Jun 10, 2025
Jun 10, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 03, 2025
Jun 03, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotJun 02, 2025
Jun 02, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 26, 2025
May 26, 2025Record Date For Final And Special DividendApr 23, 2025
Apr 23, 2025Appointment Of DVD And Associates As The Secretarial Auditor Of The CompanyApr 23, 2025
Apr 23, 2025Continuation Of Shri Sanjiv Bajaj As A Non -Executive Director Not Liable To Retire By Rotation Beyond 19 July 2025Apr 23, 2025
Apr 23, 2025Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerApr 23, 2025
Apr 23, 2025Appointment of Company Secretary and Compliance OfficerApr 23, 2025
Apr 23, 2025Corporate Action-Board approves DividendApr 23, 2025
Apr 23, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 23 April 2025Apr 23, 2025
Apr 23, 2025Audit Financial Result For The Year Ended 31 March 2025Apr 23, 2025
Apr 23, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 08, 2025
Apr 08, 2025Board Meeting Intimation for Considering And Approving The Audited Financial Results For The Quarter And Year Ended 31 March 2025 And Dividend If AnyApr 07, 2025
Apr 07, 2025Closure of Trading WindowMar 31, 2025
Mar 31, 2025Intimation As Per Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Closure Of Factory Transfer Of Leasehold Rights In Factory Land And Sale Of Machinery SituaFeb 21, 2025
Feb 21, 2025Integrated Filing (Financial)Jan 15, 2025
Jan 15, 2025Board Meeting Outcome for Unaudited Financial Results For The Quarter And Nine Months Ended 31 December 2024Jan 15, 2025
Jan 15, 2025Unaudited Financial Results For The Quarter And Nine Months Ended 31 December 2024.Jan 15, 2025
Jan 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 08, 2025
Jan 08, 2025Closure of Trading WindowDec 27, 2024
Dec 27, 2024Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateNov 30, 2024
Nov 30, 2024Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateNov 26, 2024
Nov 26, 2024Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateNov 06, 2024
Nov 06, 2024Shareholder Meeting / Postal Ballot-Scrutinizers ReportOct 28, 2024
Oct 28, 2024Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2024.Oct 21, 2024
Oct 21, 2024Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2024Oct 21, 2024
Oct 21, 2024Intimation Pursuant To NSE Circular Dated 14 October 2024, Inviting Members Attention Towards A Special Call-Auction Mechanism For Price Discovery Scheduled To Be Held On 28 October 2024.Oct 17, 2024
Oct 17, 2024Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Oct 10, 2024
Oct 10, 2024Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2024Oct 04, 2024
Oct 04, 2024Closure of Trading WindowOct 01, 2024
Oct 01, 2024Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateSep 28, 2024
Sep 28, 2024Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 26, 2024
Sep 26, 2024Shareholder Meeting / Postal Ballot-Notice of Postal BallotSep 25, 2024
Sep 25, 2024Technical Indicators
RSI(14)
Neutral 54.33
ATR(14)
Volatile 595.30
STOCH(9,6)
Neutral 72.94
STOCH RSI(14)
Neutral 46.08
MACD(12,26)
Bullish 33.21
ADX(14)
Strong Trend 32.54
UO(9)
Bearish 53.11
ROC(12)
Uptrend And Accelerating 4.08
WillR(14)
Neutral -55.33
Mutual Fund Holdings
| Funding House | Current Holding % | 1M Change | 1M Change % | 3M Change % | Last 6M Trend |
|---|---|---|---|---|---|
 Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth | 1.01% | 501 | 0.05% | 0.09% | |
 Angel One Nifty Total Market Index Fund Direct - Growth | 0.04% | 1 | 0.00% | 0.00% | |
 Groww Nifty Total Market Index Fund Direct - Growth | 0.04% | 1 | 0.00% | 0.01% | |
 HDFC BSE 500 Index Fund Direct - Growth | 0.04% | 1 | 0.00% | 0.01% | |
 Bandhan Nifty Total Market Index Fund Direct-Growth | 0.04% | 0 | 0.00% | 0.01% | |
 Mirae Asset Nifty Total Market Index Fund Direct-Growth | 0.04% | 0 | 0.00% | 0.00% | |
 Parag Parikh ELSS Tax Saver Fund Direct - Growth | 6.54% | 0 | 0.20% | 0.88% | |
| Parag Parikh Flexi Cap Fund Direct-Growth | 0.11% | 0 | 0.00% | 0.01% | |
 Samco Special Opportunities Fund Direct - Growth | 0.00% | 0 | 0.00% | -1.96% |
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