Maharashtra Scooters Ltd.

7509.20 +91.25 ▲1.2%

18 April 2024, 04:01:00 PM
Volume: 284

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Industry Icon Auto Ancillary Compare with Industry peers
Website http://www.mahascooters.com
Market Cap 8,578.63 Cr.
Enterprise Value(EV) 8,451.50 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 175.03 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 42.89 Trailing Twelve Months Ending 2023-12
Industry PE 39.55 Trailing Twelve Months Ending 2023-12
Book Value / Share 21,645.90 Trailing Twelve Months Ending 2023-12
Price to Book Value 0.35 Calculated using Price: 7,506.30
Dividend Yield 2.13 Period Ending 2023-03
No. of Shares Subscribed 1.14 Cr. 11,428,568 Shares
FaceValue 10
About Maharashtra Scooters Ltd.
Maharashtra Scooters (MSL) was incorporated on June 11, 1975. It holds 3.35% stake in Bajaj Auto in addition to 4.88% stake in Bajaj Auto Finance. It is a joint sector enterprise promoted by Western Maharashtra Development Corporation (27%) and Bajaj Auto (24%).

Maharashtra Scooters Ltd. Delivery

Delivered Qty
Traded Qty

Maharashtra Scooters Ltd. Performance

1 Day
+1.23%
1 Week
+0.41%
1 Month
+8.45%
3 Month
-4.48%
6 Month
-7.12%
1 Year
+68.76%
2 Year
+94.52%
5 Year
+99.63%
10 Year
+1480.22%

Maharashtra Scooters Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 22.3 35.8 0.38 0.82 0.74 1.84 0.07 0.73 0.93
Return on Capital Employed (%) 22.3 35.8 0.42 0.83 0.76 1.96 0.07 0.88 0.92
Return on Assets (%) 17.7 30.81 0.38 0.82 0.73 1.81 0.07 0.68 0.87

Maharashtra Scooters Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 252 312 6,552 8,225 11,323 8,211 16,244 22,853 19,043 24,737
Non Curr. Liab. 17 14 11 8 381 -31 1,025 1,838 1,348 2,084
Curr. Liab. 49 11 9 10 10 12 11 8 7 132
Minority Int.
Equity & Liab. 318 337 6,572 8,243 11,714 8,192 17,280 24,699 20,398 26,953
Non Curr. Assets 261 279 6,488 8,139 11,539 7,995 17,176 24,561 20,360 20
Curr. Assets 58 58 84 104 175 197 104 137 38 26,933
Misc. Exp. not W/O
Total Assets 318 337 6,572 8,243 11,714 8,192 17,280 24,699 20,398 26,953

Maharashtra Scooters Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 7 9 9 12 15 15 15 194 216 227
Other Income 63 108 21 70 81 199 16 0 1 1
Total Income 70 117 29 82 96 214 31 194 218 228
Total Expenditure -12 -15 -14 -20 -20 -21 -20 -20 -23 -22
PBIDT 58 102 15 62 76 194 11 174 195 205
Interest 0
Depreciation -3 -1 -1 -1 -2 -2 -2 -2 -2 -2
Taxation -1 -1 -2 -12 0 -30 2 -3
Exceptional Items
PAT 55 101 13 61 73 180 9 143 195 200
Adjusted EPS 48 88 11 53 64 157 8 125 171 175

Maharashtra Scooters Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. -6 -10 -8 -33 1 1 -7 -6 119 209
Cash Fr. Inv. 15 41 81 35 40 45 195 -68 -62 -3
Cash Fr. Finan. -26 -33 -80 -2 -41 -45 -113 -1 -58 -205
Net Change -17 -2 -6 0 0 0 75 -75 0 0
Cash & Cash Eqvt 15 12 6 0 0 0 75 1 0 0

Maharashtra Scooters Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 51.00 51.05 51.05 51.00 51.00 51.00 51.00 51.00 51.00
Public 49.00 48.95 48.95 49.00 49.00 49.00 49.00 49.00 49.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Maharashtra Scooters Ltd. Announcements

Tue, 16 Apr 2024
Submission Of Compliance Certificate Under Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Financial Year Ended 31 March 2024
Pursuant to Regulation 7(3) of the SEBI Listing Regulations 2015 we hereby certify that during the financial year ended 31 March 2024 all activities of the Company in relation to share transfer facility are maintained by KFin Technologies Limited Registrar and Share Transfer Agent of the Company
Thu, 11 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyMAHARASHTRA SCOOTERS LTD.
2CIN NO.L35912MH1975PLC018376
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Sriram Subbramaniam
Designation: Company Secretary and Compliance Officer
EmailId: ssubbramaniam@bhil.in
Name of the Chief Financial Officer: Anant Marathe
Designation: Chief Financial Officer
EmailId: agmarathe@bhil.in

Date: 11/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Sat, 06 Apr 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of loss of share certificate pursuant to Regulation 39(3) of SEBI Listing Regulations 2015

Maharashtra Scooters Ltd. Technical Scans

Thu, 18 Apr 2024
Close Within 52 Week High Zone Close Within 52 Week High Zone
High Increase in 1 Month High Increase in 1 Month
High Increase in 1 Year High Increase in 1 Year
High Increase in 2 Years High Increase in 2 Years
Closing Near 100 SMA Closing Near 100 SMA

Maharashtra Scooters Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 389,973.95 12,403.65 -0.8%
Tata Motors Ltd. 322,868.01 971.40 -2.1%
Bajaj Auto Ltd. 252,992.69 9,062.00 +1.6%
Mahindra & Mahindra Ltd. 252,374.18 2,029.50 -0.1%
Eicher Motors Ltd. 119,175.27 4,352.55 -0.2%
TVS Motor Company Ltd. 92,532.72 1,947.70 -1.4%
Bosch Ltd. 88,345.25 29,954.00 -0.1%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-12 32.05 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-12 16.64 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-12 34.18 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-12 22.63 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-12 31.07 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-12 56.58 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-12 37.99 29,954.00 -0.1%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-12 4.77 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-12 5.34 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-12 8.07 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-12 3.99 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-12 7.09 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-12 13.52 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-12 7.30 29,954.00 -0.1%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 2.78 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 0.01 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 0.00 29,954.00 -0.1%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 5.24 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 13.14 29,954.00 -0.1%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 5.24 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 13.14 29,954.00 -0.1%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 117,571.30 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 345,966.97 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 36,455.38 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 121,268.55 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 14,442.18 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 31,973.99 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 14,929.30 29,954.00 -0.1%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 8,211.00 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 2,353.49 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 11,374.48 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 1,424.30 29,954.00 -0.1%

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