NSE: MAHSCOOTER · BSE: 500266 · ISIN INE288A01013
Maharashtra Scooters Limited stock analysis
Maharashtra Scooters Limited ranks #1584 in the TickerSutra evidence-ranked universe with a score of 52/100 and 95% data confidence. The latest captured fundamentals show ROCE of 1.1%, quarterly sales growth of -81.5% and quarterly profit growth of -90.6%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0×
- Strong CFO/EBITDA of 0.86×
- Institutional ownership is rising
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹194cr | ₹174cr | ₹143cr | 90.0% |
| 2023 | ₹217cr | ₹194cr | ₹195cr | 90.0% |
| 2024 | ₹223cr | ₹203cr | ₹199cr | 91.0% |
| 2025 | ₹184cr | ₹173cr | ₹214cr | 94.0% |
| 2026 | ₹313cr | ₹309cr | ₹311cr | 99.0% |
| TTM | ₹289cr | ₹285cr | ₹279cr | 99.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
The trading window shall remain closed from 1 October 2026 till the declaration of financial results for the quarter and half year ending 30 September 2026 and two days thereafter.
RoutineShareholders meetingNSE · 28 Sept 2026Maharashtra Scooters Limited has submitted the Exchange a copy Srutinizer report of Postal Ballot
RoutineMaharashtra Scooters Ltd - 500266 - Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportBSE · 28 Sept 2026Submission of Postal Ballot Results pursuant to regulation 44 of SEBI Listing Regulations, 2015
RoutineMaharashtra Scooters Ltd - 500266 - Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotBSE · 28 Sept 2026Submission of voting results for the Postal Ballot pursuant to Regulation 44 of SEBI Listing Regulations, 2015
RoutineMaharashtra Scooters Ltd - 500266 - Communication Sent To Shareholders Regarding Tax Deduction At Source (TDS) On Interim Dividend And Updation Of Bank Account DetailsBSE · 18 Sept 2026The Company has sent a detailed communication to the shareholders on Thursday, 17 September 2026, informing about TDS on Interim Dividend and updation of Bank account details.
MANAGEMENT COMMENTARY
Signals from filed documents
The Company has in place performance evaluation criteria for Board, Committees, Chairman and Directors. The criteria for evaluating independent directors includes, inter alia, their ability to bring external expertise and independent judgment that enhances the objectivity of the Board’s deliberations—particularly on matters related to strategy, performance, resource allocation, key appointments, regulatory compliance
Whether your entity’s policy/policies cover each principle and its core elements of the NGRBCs (Yes/No) Yes (please refer note given in Point 1(b) below) b. Has the policy been approved by the Board? (Yes/No) Yes, The Company has a policy covering all the principles (‘Responsible and Sustainable Business Conduct Policy’) approved by its Board in October 2022 c.
None of the equity shares of the Company were suspended from trading during the year on account of corporate actions or otherwise. Distribution of shareholding Details about the pattern of shareholding across various categories as on 31 March 2026: Category % to capital Promoter and Promoter Group 51.00 Foreign Institutional Investor/ Foreign Portfolio Investors 6.34 Mutual Funds 2.92 Corporates 8.39 Resident Individ
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
DIRECTOR & BUSINESS NETWORK
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