Maharashtra Scooters
18,356.00
+377.00(+2.10%)
Market Cap₹20,978.28 Cr
PE Ratio106.24
Company Performance:
1D+2.10%
1M+13.79%
6M+97.03%
1Y+68.82%
5Y+507.53%
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More news about Maharashtra Scooters
23Jul 25
Maharashtra Scooters Appoints New Joint MDs, Declares Rs. 60 Dividend, and Reports Strong Q1 Results
Maharashtra Scooters Limited (MSL) held its 50th AGM, appointing V Rajagopalan and S Ravikumar as Joint Managing Directors from August 1. The company declared a final dividend of Rs. 60 per share, including a special dividend of Rs. 30. Q1 FY2025-26 results show significant growth with total income up 241.54% to Rs. 2,927.00 lakh and profit after tax increasing 328.09% to Rs. 3,536.00 lakh. Dividend income was a major contributor at Rs. 2,277.00 lakh, while interest income rose 22.4% to Rs. 624.00 lakh. The company's transition to an investment entity is reflected in its financial performance.
23Jun 25
Maharashtra Scooters: 500% Rally in 5 Years, Factory Closure Announced
Maharashtra Scooters, backed by investor Raamdeo Agrawal, has seen its share price surge 500% over five years. The company reported a 7.50% increase in net profit despite revenue challenges. A total dividend of Rs 60.00 per share has been proposed, including a special dividend. The company announced the closure of its Satara factory, signaling potential strategic shifts.
23Apr 25
Maharashtra Scooters Declares ₹60 Total Dividend, Reports Strong FY2025 Results
Maharashtra Scooters Ltd. (MSL) declared a total dividend of ₹60 per share for FY2025, including a final dividend of ₹30 and a special dividend of ₹30, subject to shareholder approval. The company reported a 7.55% increase in Profit After Tax to ₹21,435 lakh, despite a 17.15% decrease in total income. MSL has transitioned to primarily being an investment company, closing its manufacturing operations and selling assets. The company also announced changes in corporate governance, including the continuation of Shri Sanjiv Bajaj as a Non-Executive Director and the appointment of a new Compliance Officer.
23Apr 25
Maharashtra Scooters: Declares ₹60 Dividend, Q4 Profit Soars
Maharashtra Scooters Limited (MSL) reported a significant increase in Q4 FY2024-25 profits, with net profit rising to ₹51.63 crore from ₹0.10 crore year-over-year. Revenue increased by 28% to ₹6.65 crore. The company announced a final dividend of ₹60 per equity share, including a special dividend component. MSL has transitioned to an investment-focused entity after closing its manufacturing operations.
21Feb 25
Maharashtra Scooters to Shutter Satara Factory, Sell Assets for ₹729 Million
Maharashtra Scooters Limited (MSL) will close its manufacturing facility in Satara due to non-viable operations. The company plans to sell the factory's leasehold rights, machinery, and spares to Urbanedge Indospaces LLP for ₹729 million. The Satara facility contributed about 5% (₹11.07 crore) to MSL's total turnover last year. The transaction, approved by the Board on February 21, 2025, is expected to conclude by March 31, 2025, subject to regulatory approvals.
Maharashtra Scooters
18,356.00
+377.00
(+2.10%)
1 Year Returns:+68.82%
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