Maharashtra Scooters (MAHSCOOTER)₹11,855−3.10%Investment Company
In the Jun 2026 quarter (standalone), Maharashtra Scooters reported sales of ₹5.43 Cr, down 81.5% from Jun 2025, and net profit of ₹3.33 Cr, down 90.6% year on year. For the year to Mar 2026, sales were ₹314 Cr and net profit ₹311 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 206 | 6.39 | 5.19 | 7.73 | 164 | 5.80 | 6.67 | 29.34 | 272 | 6.46 | 6.05 | 5.43 |
| Expenses | 5.64 | 5.18 | 4.51 | 5.77 | 2.23 | 1.71 | 1.91 | 1.09 | 1.23 | 0.89 | 1.06 | 0.87 |
| Operating Profit | 200 | 1.20 | 0.68 | 1.97 | 161 | 4.08 | 4.74 | 28.17 | 270 | 5.55 | 4.97 | 4.54 |
| OPM % | 97.3% | 19.0% | 13.3% | 25.6% | 98.6% | 70.6% | 71.4% | 96.3% | 99.5% | 86.3% | 82.6% | 84.1% |
| Other Income | 0.10 | 0.69 | 0.00 | −13.22 | 0.21 | 0.69 | 57.72 | 0.00 | 0.00 | 0.00 | 0.47 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.53 | 0.52 | 0.53 | 0.53 | 0.49 | 0.49 | 0.49 | 0.02 | 0.00 | 0.02 | 0.00 | 0.00 |
| Profit before tax | 200 | 1.41 | 0.18 | −11.78 | 161 | 4.32 | 62.11 | 28.19 | 270 | 5.56 | 5.47 | 4.56 |
| Tax % | 1.1% | 28.5% | 41.1% | −170.3% | 5.9% | 23.3% | 16.7% | −25.5% | 1.0% | 25.7% | 26.5% | 27.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | −13.98 | 0.00 | 0.00 | 47.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 198 | 1.01 | 0.11 | 8.27 | 151 | 3.31 | 51.71 | 35.39 | 267 | 4.11 | 4.02 | 3.33 |
| EPS (Rs) | 172.51 | 0.86 | 0.08 | 7.22 | 132.03 | 2.88 | 45.09 | 30.86 | 233.26 | 3.59 | 3.50 | 2.89 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.02 | 8.02 | 82.18 | 95.25 | 212 | 30.09 | 194 | 217 | 224 | 185 | 314 | 290 |
| Expenses | 15.06 | 14.06 | 20.09 | 20.08 | 20.08 | 20.09 | 20.07 | 23.10 | 19.08 | 12.04 | 4.01 | 4.05 |
| Operating Profit | −5.99 | −5.99 | 60.89 | 74.94 | 191 | 10.98 | 174 | 194 | 203 | 173 | 309 | 285 |
| OPM % | −72.1% | −69.0% | 75.0% | 79.0% | 90.0% | 35.0% | 90.0% | 90.0% | 91.0% | 94.0% | 99.0% | 98.3% |
| Other Income | 108 | 20.96 | 0.99 | 0.99 | 2.99 | 0.00 | 0.00 | 0.99 | 0.99 | 43.95 | 0.00 | 0.47 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.01 | 1.01 | 1.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 0.00 | 0.02 |
| Profit before tax | 101 | 14.01 | 61.04 | 74.08 | 192 | 9.01 | 172 | 193 | 202 | 215 | 309 | 286 |
| Tax % | 0.0% | 9.0% | 1.0% | 2.0% | 6.0% | 3.0% | 16.9% | −1.0% | 1.0% | 0.0% | −1.0% | — |
| Exceptional items | 2.99 | 0.00 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 47.92 | 0.00 | 0.00 |
| Net Profit | 101 | 13.02 | 61.05 | 73.02 | 180 | 9.01 | 143 | 195 | 199 | 214 | 311 | 279 |
| EPS (Rs) | 88.14 | 11.42 | 53.03 | 63.60 | 157.17 | 7.69 | 124.53 | 170.43 | 173.98 | 187.19 | 271.16 | 243.24 |
| Dividend payout % | 34.0% | 262.0% | 62.0% | 52.0% | 32.0% | 649.0% | 64.0% | 94.1% | 97.0% | 75.0% | 81.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.95 | 10.96 | 10.95 | 10.95 | 10.96 | 10.96 | 10.95 | 10.95 | 10.96 | 10.95 | 10.96 | 10.95 |
| Reserves | 241 | 301 | 6,530 | 8,200 | 11,295 | 8,180 | 16,204 | 22,811 | 19,008 | 26,943 | 30,791 | 27,606 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 65.69 | 24.88 | 19.91 | 17.92 | 389 | 13.93 | 1,031 | 1,837 | 1,349 | 2,366 | 3,707 | 3,141 |
| Total Liabilities | 317 | 337 | 6,560 | 8,229 | 11,695 | 8,206 | 17,247 | 24,660 | 20,368 | 29,321 | 34,510 | 30,759 |
| Fixed Assets | 4.01 | 7.02 | 7.02 | 13.03 | 15.05 | 15.03 | 14.05 | 13.04 | 12.04 | 10.03 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 270 | 279 | 6,499 | 8,182 | 11,661 | 8,061 | 17,156 | 24,614 | 20,334 | 29,289 | 34,485 | 30,727 |
| Other Assets | 43.09 | 50.13 | 54.10 | 34.07 | 20.05 | 130 | 76.11 | 33.08 | 22.04 | 22.04 | 24.04 | 32.07 |
| Inventories | 1.27 | 0.52 | 1.17 | 1.19 | 1.50 | 3.35 | 3.59 | 6.45 | 3.79 | 3.65 | 0.00 | 0.00 |
| Trade receivables | 2.59 | 2.43 | 2.20 | 3.44 | 3.72 | 4.69 | 6.82 | 10.01 | 6.54 | 1.76 | 0.00 | 0.00 |
| Cash & equivalents | 12.46 | 6.18 | 27.62 | 13.33 | 5.72 | 81.90 | 56.29 | 4.52 | 5.23 | 5.76 | 8.06 | 7.59 |
| Total Assets | 317 | 337 | 6,560 | 8,229 | 11,695 | 8,206 | 17,247 | 24,660 | 20,368 | 29,321 | 34,510 | 30,759 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −9.97 | −7.97 | −32.89 | 0.99 | 0.99 | −6.97 | −5.98 | 119 | 208 | 205 | 158 | 266 |
| Cash from investing activity | 41.01 | 81.06 | 35.01 | 40.03 | 45.01 | 195 | −68.05 | −61.99 | −3.01 | −12.01 | 36.01 | −19.01 |
| Cash from financing activity | −32.93 | −79.78 | −1.99 | −40.88 | −44.88 | −113 | −0.99 | −57.85 | −205 | −193 | −193 | −249 |
| Net cash flow | −1.99 | −5.98 | 0.00 | 0.00 | 0.00 | 74.69 | −74.75 | 0.00 | 0.00 | 0.00 | 0.99 | −1.99 |
| Capex | 0.00 | 3.99 | 0.00 | 6.98 | 3.99 | 2.99 | 0.99 | 0.00 | 1.99 | 0.00 | 0.00 | 0.00 |
| Free cash flow | −10.03 | −12.03 | −34.12 | −5.02 | −2.01 | −9.02 | −6.02 | 119 | 208 | 207 | 225 | 268 |
| CFO / OP % | 180.1% | 104.1% | 530.1% | 3.0% | 5.0% | −2.0% | −44.0% | 86.1% | 119.1% | 106.1% | 100.1% | 92.0% |
| 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 | −2,142 | −204 | −44 | 0 | 3 | 3 | 102 | 30 | 9 | 6 | −36 | 12 |
| ROCE % | 20.1% | 35.0% | 0.0% | 1.0% | 1.0% | 2.0% | 0.0% | 1.0% | 1.0% | 1.0% | 1.0% | 1.0% |
For the Jun 2026 quarter, Maharashtra Scooters reported sales of ₹5.43 Cr, down 81.5% year on year and net profit of ₹3.33 Cr, down 90.6% year on year. The operating margin was 84.1%.
Maharashtra Scooters' sales for the year to Mar 2026 were ₹314 Cr; over the last twelve months they were ₹290 Cr.
Net profit for the year to Mar 2026 was ₹311 Cr, and ₹279 Cr over the last twelve months. Earnings per share over the same trailing period were ₹243.24.
Maharashtra Scooters reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹7.59 Cr.
Cash from operations was ₹266 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹268 Cr.