Maharashtra Scooters financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹297cr+9.7% on Q2 FY26
Net profit
₹293cr+9.8% on Q2 FY26
EBITDA margin
99.5%0.0 pts on Q2 FY26
EPS
₹256.61+9.8% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue297271+9.7%
EBITDA296270+9.7%
EBITDA margin99.5%99.6%0.0 pts
Profit before tax296270+9.7%
Net profit293267+9.8%
EPS₹256.61₹233.70+9.8%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹297 crNet profit₹293 crNet margin98.6%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
13,276————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
0.10.12.00.70.4
13,276————
315313183223216
—+70.6%−17.7%+2.9%—
311309172203194
98.6%98.7%93.7%91.3%89.5%
311309170201192
305311214199195
96.7%99.3%116.9%89.5%90.3%
₹266.60₹271.71₹187.53₹174.37₹170.86
—+44.9%+7.5%+2.1%—
—267159206209
—0.00.0−0.2−1.6
267267159206207
Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

MAHSCOOTER₹11,615.00

Maharashtra Scooters Ltd.

· Banking & Finance
₹ CrorePeersBAJAJHLDNGKTKBANKJSFBPRUDENTINDIASHLTRPSBIIFLCAPSRELIGAREMcap ₹13,276 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————13,275.9
- Cash, Equiv & ST Investments0.40.72.00.10.1
Enterprise Value————13,275.8
Revenue216.4222.7183.3312.8315.2
Growth %, YoY—+2.9-17.7+70.6—
EBITDA193.7203.4171.8308.5311.0
Margin %89.5391.3393.6998.6598.64
EBIT191.7201.4169.8308.5311.0
Net Income195.3199.3214.4310.6304.7
Margin %90.2789.49116.9299.3096.66
EPS, Adj (current shares)170.86174.37187.53271.71266.60
Growth %, YoY—+2.1+7.5+44.9—
Cash from Operations208.8206.0158.8267.1—
Capital Expenditures-1.6-0.2-0.0-0.0—
Free Cash Flow207.2205.9158.8267.1267.1
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Maharashtra Scooters financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Maharashtra Scooters (NSE: MAHSCOOTER) had a market capitalisation of ₹13,276 crore at the previous close (₹11,615.00 a share), a PE ratio of 43.6 on the last four quarters' profit and a price-to-book ratio of 0.41. In FY26 its consolidated net profit was ₹311 crore on revenue of ₹313 crore; in Q2 FY27 (July–September 2026) it was ₹293 crore, up 9.8% year on year. It had no borrowings on 30 September 2026. Promoters held 51.00% of the shares on 30 September 2026.

Share price used
₹11,615.00 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Maharashtra Scooters at a glance · consolidated

Market cap
₹13,276 Crat ₹11,615.00 · previous close
PE ratio (last 4 quarters)
43.642.7 on FY26 profit
Price to book (PB)
0.41book value ₹28,356.35 a share
ROE (FY26)
1.1%
Debt to equity
0.00net cash ₹191 Cr
Promoter holding
51.00%unchanged vs 30 Jun 202630 September 2026
Dividend yield
1.89%₹220 a share in 12 months
Net worth
₹32,411 Cr−1.8% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹267 Cr+68.2% vs FY25

Questions

What is the Maharashtra Scooters PE ratio today?

Maharashtra Scooters' PE ratio is 43.6 at the previous close (₹11,615.00 a share): a market capitalisation of ₹13,276 crore divided by consolidated net profit of ₹305 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹311 crore) it is 42.7.

What is the Maharashtra Scooters net worth?

Maharashtra Scooters' net worth — shareholders' equity in its consolidated balance sheet — was ₹32,411 crore on 30 September 2026, down 1.8% from ₹33,013 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹13,276 crore at the previous close.

What is the Maharashtra Scooters book value per share?

Maharashtra Scooters' book value per share was ₹28,356.35 on 30 September 2026: shareholders' equity of ₹32,411 crore divided by the 1.14 crore shares in issue, down 1.8% from ₹28,883.04 a year earlier. The share price at the previous close was ₹11,615.00.

What is the Maharashtra Scooters PB ratio (price to book value)?

Maharashtra Scooters' price-to-book (PB) ratio is 0.41 at the previous close: a market capitalisation of ₹13,276 crore divided by shareholders' equity (book value) of ₹32,411 crore on 30 September 2026. That is a book value of ₹28,356.35 per share against a share price of ₹11,615.00.

What is the Maharashtra Scooters debt to equity ratio?

Maharashtra Scooters' debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹32,411 crore. A year earlier, on 30 September 2025, it was 0.00.

What is the Maharashtra Scooters dividend yield?

Maharashtra Scooters' dividend yield is 1.89% at the previous close: dividends of ₹220 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹11,615.00. They were ₹160 on 21 September 2026 and ₹60 on 30 June 2026.

What is the Maharashtra Scooters market cap?

Maharashtra Scooters' market capitalisation was ₹13,276 crore at the previous close: 1.14 crore shares at ₹11,615.00 each.

Is Maharashtra Scooters debt free?

Yes. Maharashtra Scooters had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹191 crore of cash, bank balances and current investments.

What is the Maharashtra Scooters ROE and ROCE?

In FY26, Maharashtra Scooters' return on equity (ROE) was 1.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year).

What is the Maharashtra Scooters EPS?

Maharashtra Scooters' basic earnings per share (EPS) were ₹271.70 in FY26, against ₹187.60 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹266.62.

What is the Maharashtra Scooters dividend in 2026 and its record date?

In 2026, Maharashtra Scooters has declared two dividends totalling ₹220 a share: ₹60 with record date 30 June 2026 and ₹160 with record date 21 September 2026.

What is the Maharashtra Scooters promoter holding?

Promoters held 51.00% of Maharashtra Scooters on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Maharashtra Scooters shareholding pattern?

On 30 September 2026, Maharashtra Scooters' shares were held by promoters 51.00%, foreign portfolio investors (FII/FPI) 6.30%, domestic institutions (DII) 3.82% (including mutual funds at 3.05%) and retail and other non-institutional investors 38.86%. Over the year, FII holding was up 0.09 percentage points from 6.21% and DII holding was down 0.03 percentage points from 3.85%.

What is the Maharashtra Scooters free cash flow?

In FY26, Maharashtra Scooters generated ₹267 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹267 crore. In FY25 it was ₹159 crore.

What are the Maharashtra Scooters latest quarterly results?

Maharashtra Scooters' latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net profit ₹293 crore, up 9.8% from ₹267 crore in Q2 FY26; revenue from operations ₹297 crore, up 9.7% year on year.

What is the Maharashtra Scooters revenue and profit in FY26?

In FY26 (April 2025–March 2026), Maharashtra Scooters' consolidated net profit was ₹311 crore, up 44.9% from ₹214 crore in FY25, on revenue from operations of ₹313 crore (up 70.6%). Over three years, from FY23, net profit was up 59.0%.

When are the Maharashtra Scooters next results?

Maharashtra Scooters has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

Maharashtra Scooters vs Bajaj Holdings: how do they compare?

In FY26, Maharashtra Scooters earned net profit of ₹311 crore on revenue of ₹313 crore, against ₹9,637 crore on ₹1,070 crore for Bajaj Holdings. Maharashtra Scooters' operating margin was 98.6% (Bajaj Holdings 81.9%) and its return on equity 1.1% (Bajaj Holdings 14.2%).

How does Maharashtra Scooters compare with its peers?

On FY26 consolidated figures, against Bajaj Holdings, Karnataka Bank and Jana Small Finance Bank: Maharashtra Scooters' return on equity of 1.1% is the lowest of the four (Bajaj Holdings 14.2%, Karnataka Bank 10.4%, Jana Small Finance Bank 7.6%; peer average 10.7%); its revenue growth over three years of 13.1% a year is the third highest of the four (Bajaj Holdings 32.1% a year, Karnataka Bank 7.9% a year, Jana Small Finance Bank 27.5% a year; peer average 22.5% a year).

Where do these Maharashtra Scooters figures come from?

From Maharashtra Scooters' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.