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Maharashtra Scooters Ltd Fundamentals

Market Cap
₹ 8642.05 Cr
P/E Ratio (TTM)
43.36
P/B Ratio
0.32
Debt to Equity
0.00
ROE
0.93
EPS (TTM)
174.37
Dividend Yield
2.25 %
Book Value
23,636.68

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Maharashtra Scooters Ltd Financials

Maharashtra Scooters Ltd Financials

Maharashtra Scooters Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 51.00 % 51.00 % 51.00 % 51.00 %
Retail 25.84 % 25.91 % 26.06 % 26.35 %
Others 16.68 % 16.65 % 16.69 % 16.75 %
FII 4.43 % 4.39 % 4.16 % 4.05 %
Mutual Funds 2.05 % 2.05 % 2.09 % 1.85 %

Promoters

51.00%

Retail

25.84%

Others

16.68%

FII

4.43%

Mutual Funds

2.05%

Promoters

51.00%

Retail

25.91%

Others

16.65%

FII

4.39%

Mutual Funds

2.05%

Promoters

51.00%

Retail

26.06%

Others

16.69%

FII

4.16%

Mutual Funds

2.09%

Promoters

51.00%

Retail

26.35%

Others

16.75%

FII

4.05%

Mutual Funds

1.85%

Resistance and Support

₹7,589.48

PIVOT

resistance-arrow
Resistance
First Resistance₹7,677.967
Second Resistance₹7,788.383
Third Resistance₹7,876.867
support-arrow
Support
First Support₹7,479.067
Second Support₹7,390.583
Third Support₹7,280.167

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day2,17630083.33
Week3601,108-75.75
1 Month3602,910-75.75
6 Months686,992380,60257.03

About Maharashtra Scooters Ltd

The makers of Priya scooters, Maharashtra Scooters was jointly promoted by Western Maharashtra Development Corporation and Bajaj Auto. The company was incorporated at Pune in June 11, 1975 and came out with its first public issue in Nov.'77. Presently, the Company sells products in India and is engaged in manufacturing dies, jigs, fixtures and die casting components primarily for automobiles industry etc. The company, at the time of inception, entered into a technical know-how agreement with Bajaj Auto, the tenure of which was specified as 10 years from the date of commencement of commercial production or till the company achieved a total production of 3 lac scooters,whichever is later. Commercial production at its Satara plant commenced in Aug.'76. Under the scheme of re-endorsement of industrial capacity with reference to minimum economic scales of operation announced by the government, the company expanded the installed capacity of motorized two-wheelers (350 cc engine capacity) during 1985-86. Further expansions have increased the installed capacity to 1.5 lac numbers in 1996-97. During 1998-99, the company installed a Pre-treatment-cum-Cathodic Electro Deposition Plant; the plant is eco-friendly plant is expected to give boost to the product quality. In 1999-2000, the company was awarded ISO 9002 and ISO 14001 from Bureau Veritas Quality International (BVQI). In the year 2004-05, the company was awarded re-certification of QMS as per ISO 9001/2000. With the cessation of production of geared scooters, the manufacturing activity of the Company, during the year 2006-07, was limited to the manufacture of pressure die casting dies primarily for two and three-wheeler industry. The Company sold 2,402 finished units of scooters which were in stock as on 1st April, 2006. During the year 2019-20, pursuant to the Order passed by Hon'ble Supreme Court of India on 9 January 2019, Western Maharashtra Development Corporation Ltd. (WMDC), one of the promoters of the Company transferred its entire 27% stake in the Company to Bajaj Holdings and Investment Ltd. (BHIL), the other promoter, on 17 June 2019. Consequent to this transaction, WMDC ceased to be the Promoter of the Company and the shareholding of BHIL increased to 51%. As a result, BHIL became the Holding Company and this Company became its subsidiary. During the year 2022-23, the business operations of the Company continued to be manufacture of die casting dies, fixtures and die casting components, primarily meant for the automobiles industry.

Managing Director

1975

Founded

NA

NSE Symbol

MAHSCOOTER

Maharashtra Scooters Ltd Management

NameDesignation
Sanjiv BajajChairman (Non-Executive)
Yogesh J ShahIndependent Director
Naresh PatniIndependent Director
V RajagopalanDirector
Anish P AminDirector
Lila PoonawallaIndependent Director
Sriram SubbramaniamCompany Sec. & Compli. Officer

Events

Dividend Announcement for Maharashtra Scooters Ltd - Apr 24, 2024

On Apr 24, 2024, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 600.0%. This dividend percentage refle...

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Dividend Announcement for Maharashtra Scooters Ltd - Sep 15, 2023

On Sep 15, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 1100.0%. This dividend percentage refl...

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Maharashtra Scooters Ltd News

Maharashtra Scooters AGM scheduled
On 22 July 2024
Board of Maharashtra Scooters recommends final dividend
Of Rs 60 per share
Maharashtra Scooters standalone net profit declines 87.80% in the March 2024 quarter
Sales decline 43.94% to Rs 5.18 crore
Maharashtra Scooters fixes record date for final dividend
Record date is 28 June 2024
Board of Maharashtra Scooters approves Voluntary Separation Scheme
At meeting held on 24 April 2024
Maharashtra Scooters to announce Quarterly Result
On 24 April 2024
Maharashtra Scooters standalone net profit declines 66.78% in the December 2023 quarter
Sales decline 14.73% to Rs 6.37 crore
Maharashtra Scooters to table results
On 25 January 2024
Maharashtra Scooters standalone net profit rises 4.05% in the September 2023 quarter
Sales rise 7.03% to Rs 205.92 crore
Maharashtra Scooters to conduct board meeting
On 26 October 2023

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Maharashtra Scooters Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Maharashtra Scooters Ltd shares in BlinkX

Maharashtra Scooters Ltd's P/E ratio is 43.36 times as of May 18, 2024 at 01:44 PM.

Maharashtra Scooters Ltd's most recent financial reports indicate a price-to-book ratio of 0.32, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Maharashtra Scooters Ltd's market is 8,642 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Maharashtra Scooters Ltd show a 0.93% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Maharashtra Scooters Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Maharashtra Scooters Ltd stands at 51.00%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 4.39% to 4.43%.