Maharashtra Scooters Ltd (MAHSCOOTER)
₹11,615.00
Mkt cap
₹13,274 Cr
P/E ratio
43.60
P/B
0.41
Div yield
1.89%
ROE
1.06%
ROCE
1.06%
EPS (TTM)
₹266.40
Book value
₹28,360
52W range
10,901–17,733
Sector
Financial Services
Price history
Previous close
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]
NSE MAHSCOOTERBSE 500266
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthHigh
TechnicalsBearish
52-week range
−34.50% from high₹11,615
₹10,901+6.55% from low₹17,733
Current
₹11,615.00
Prev close
₹11,701.00
Day
−0.73%
Price performance
1D
−0.85%
1W
−5.54%
1M
−9.40%
3M
−9.18%
6M
−6.44%
1Y
−32.47%
YTD
−18.42%
Financials
Revenue, profit & margin
P/E ratio
43.6×
MAHSCOOTER is 100% above the sector median of 21.8×
MAHSCOOTER43.6×
Sector median21.8×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 206 | 6 | 5 | 8 | 163 | 6 | 7 | 29 | 271 | 6 | 6 | 5 | 297 | |
| Expenses | 6 | 5 | 4 | 6 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Operating Profit | 200 | 1 | 1 | 2 | 161 | 4 | 5 | 28 | 270 | 6 | 5 | 5 | 296 | |
| OPM % | 97% | 19% | 13% | 26% | 99% | 71% | 71% | 96% | 100% | 86% | 83% | 84% | 100% | |
| Other Income | 0 | 1 | 0 | -13 | 0 | 1 | 58 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 200 | 1 | 0 | -12 | 161 | 4 | 62 | 28 | 270 | 6 | 5 | 5 | 296 | |
| Tax % | 1% | 29% | 41% | -170% | 6% | 23% | 17% | -25% | 1% | 26% | 27% | 27% | 1% | |
| Net Profit | 198 | 1 | 0 | 8 | 151 | 3 | 52 | 35 | 267 | 4 | 4 | 3 | 293 | |
| EPS in Rs | 173.01 | 0.87 | 0.09 | 7.23 | 132.26 | 2.89 | 45.18 | 30.94 | 233.69 | 3.60 | 3.51 | 2.90 | 256.61 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.24% · closed higher next day 32 of last 62
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26† | Q4FY26† | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 25 Jan '24◦ | 24 Apr '24◦ | 23 Jul '24 | 21 Oct '24◦ | 15 Jan '25◦ | 23 Apr '25◦ | 23 Jul '25 | 3 Nov '25◦ | 12 Jan '26◦ | 22 Apr '26 | 29 Jul '26 | 22 Oct '26 |
| Earnings day | −1.12% | −0.64% | −0.21% | −5.10% | +1.27% | 0.00% | +1.01% | −1.14% | +6.56% | +0.52% | −3.42% | −3.42% |
| +1 day | +1.02% | −2.32% | −0.96% | −5.28% | −0.12% | −0.20% | −0.72% | −0.68% | +10.41% | −2.94% | +1.84% | −3.63% |
| +5 days | +4.39% | −3.64% | −0.13% | −16.16% | +0.45% | −1.60% | +6.27% | −3.79% | +2.39% | −5.69% | +8.17% | — |
| +15 days | +1.61% | −6.02% | −2.47% | −19.56% | +4.43% | +7.82% | +5.47% | −2.98% | +3.60% | −6.70% | +2.85% | — |
| +30 days | −1.45% | −4.23% | +5.66% | −23.74% | +0.74% | +22.67% | +11.17% | −5.77% | +4.77% | −4.04% | +2.54% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 60 Per Share | 60.00 | 30 Jun '26 | 30 Jun '26 |
Shareholding
as of Sep 202651.00%Promoter
Promoters51.00%
FIIs6.31%0.13
DIIs3.82%0.03
Public38.86%0.10
Government0.01%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Jio Financial | ₹204.50 | 78.88 | 1,35,034 | 0.29% | 340 | −51.02% | 1,699 | +73.15% | 1.86% |
| Aditya Birla Cap | ₹369.45 | 22.69 | 1,01,156 | 0.00% | 1,353 | +37.94% | 14,003 | +32.17% | 8.72% |
| Tata Inv.Corpn. | ₹562.80 | 66.08 | 28,475 | 0.60% | 144 | −1.91% | 152 | +4.26% | 1.57% |
| Chola Financial | ₹1,351.30 | 9.51 | 25,374 | 0.10% | 1,789 | +39.32% | 11,114 | +19.55% | 9.75% |
| TVS Holdings | ₹12,194.00 | 11.32 | 24,671 | 0.71% | 1,286 | +43.34% | 20,183 | +38.72% | 16.95% |
| Mah. Scooters | ₹11,615.00 | 43.56 | 13,274 | 1.89% | 293 | +9.81% | 297 | +9.72% | 1.06% |
| JSW Holdings | ₹10,901.00 | 64.99 | 12,100 | 0.00% | 121 | +102.40% | 167 | +99.34% | 0.53% |
| Median: 39 Co. | ₹495.75 | 21.82 | 950 | 0.00% | 12 | +33.56% | 14 | +19.55% | 1.58% |
Filings
Annual reports15
Announcements5
Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2026 22 OctBoard Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended 30 September 2026 22 Oct - Board approved Q2/H1 FY2026-27 unaudited results; interim dividend ₹160/share paid on 13 Oct 2026.Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 19 Oct - Shareholders approved MOA object clause change; renewable energy object added, manufacturing objects deleted on 19 Oct 2026.Announcement under Regulation 30 (LODR)-Change of Company Name 16 Oct - Company renamedMaharashtra Scooters Ltd to Bajaj Nivesh Limited on 16 October 2026.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Oct - Submitted Regulation 74(5) certificate for quarter ended 30 September 2026.