Maharashtra Scooters Ltd - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN L35912MH1975PLC018376 Incorporated 11 June 1975 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: MAHSCOOTER · BSE: 500266 Public Limited Company automotive BSE 500
Data last updated
Market Cap
₹14,037 Cr
MAHSCOOTER · NSE
Share Price
₹11,862.00
-3.42% today
Revenue
₹313 Cr
FY 2025-26 · +69.6% YoY
EBITDA
₹309 Cr
Margin 98.7%
Net Profit
₹311 Cr
FY 2025-26 · +86.6% YoY
P/E (TTM)
49.2x
P/B 0.5x
ROE
1.1%
ROCE 1.1%
Authorised capital
₹12 Cr
Registered with MCA

About Maharashtra Scooters Ltd

Data last updated:

Maharashtra Scooters Ltd is a public limited company based in Pune, Maharashtra, India, a subsidiary of Bajaj Holdings & Investment Limited.. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 11 June 1975 and has been in existence for over 51 years.

Maharashtra Scooters is part of the BSE 500 index.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN L35912MH1975PLC018376. Its GSTIN is 27AABCM1799E1ZD (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 500266 and NSE: MAHSCOOTER.

The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.43 Cr. It is led by directors including Rajagopalan (Managing Director) and Ravikumar Srinivasan (Managing Director).

Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at C/O Bajaj Auto Ltd Bombaypoonaroad Akurdi, Pune, Maharashtra, India – 411035.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹312.76 Cr, a growth of 69.6% compared to the previous year. For the same year it recorded a net profit of ₹310.59 Cr (net margin 99.3%) and EBITDA of ₹308.53 Cr (EBITDA margin 98.6%). The net worth stands at ₹27,635 Cr (down 10.5% YoY). Total assets are valued at ₹27,635 Cr (down 10.5% YoY).

The company has about 108 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Maharashtra Scooters. As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹1.75 Cr on record. Court records list 88 cases involving the company, including 21 filed by the company and 67 filed against it; 13 cases are pending. The company has 5 deals on record (4 market trades, 1 acquisition); the latest was in January 2019. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 2 overdue payments to 2 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahascooters.com.

Company details

CIN L35912MH1975PLC018376
Registration Number 018376
Incorporation Date 11 June 1975
ROC Pune
Listing Status Listed - Listed on NSE (MAHSCOOTER); Listed on BSE (500266)
Company Status Active
Date of Last AGM 23 July 2025
Date of Balance Sheet 31 March 2026
Parent Company Bajaj Holdings & Investment Limited.
Compliance Status Active Compliant

Recognitions & Rankings of Maharashtra Scooters

Stock market indices
BSE 500

Contact details

Maharashtra Scooters Ltd's registered office is in Pune, Maharashtra. Its website is mahascooters.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C/O Bajaj Auto Ltd Bombaypoonaroad Akurdi, Pune, Maharashtra, India – 411035
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Maharashtra Scooters Ltd, buy the company report.

Comprehensive company report
Maharashtra Scooters Ltd - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Maharashtra Scooters operates one associated brand: Maharashtra Scooters. Each brand links to its own profile.

BrandDescriptionWebsite
Scooters are manufactured by Maharashtra Scooters under the Priya brand.mahascooters.com

Business activity

The main business activities of Maharashtra Scooters are financial and insurance service and manufacturing. In detail, this covers other financial activities and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Maharashtra Scooters Ltd, buy the company report.

Financials of Maharashtra Scooters Ltd

FY 2025-26 filings available

Maharashtra Scooters Ltd reported revenue of ₹312.76 Cr (up 69.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹313 Cr
+69.6% YoY
EBITDA
₹309 Cr
+94.4% YoY
Profit After Tax
₹311 Cr
+86.6% YoY
Net Worth
₹27,635 Cr
-10.5% YoY
Total Assets
₹27,635 Cr
-10.5% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue31318422321719430.41211
Revenue growth+69.6%-17.1%+2.5%+11.8%+538.2%-85.6%-
EBITDA30915920319417410.67191
EBITDA margin+98.7%+86.1%+91.3%+89.6%+89.6%+35.1%+90.4%
Profit before tax3092152021931729.05192
Net profit3111661991951438.75180
Net profit margin+99.3%+90.3%+89.6%+90.0%+73.5%+28.8%+85.3%
EPS (₹)271.71187.53174.37170.86124.877.71157.45
Balance sheet
Total assets27,63530,86327,01719,04322,85316,2448,213
Net worth27,63530,86327,01719,04322,85316,2448,211
Total debt0.000.000.000.000.000.000.00
Cash & bank7.588.055.755.224.5156.2581.92
Net working capital18.71(9.80)10.0611.1221.0564.8684.31
Cash flow
Cash from operations267159206209119(5.68)(7.01)
Cash from investing(18.97)35.79(11.59)(3.48)(61.65)(67.72)195
Cash from financing(250)(193)(194)(205)(57.55)(1.16)(113)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue2975.416.036.4427129.276.655.79
Revenue growth (YoY)+9.7%-81.5%-9.3%+11.2%+66.1%+279.2%--
Other income0.010.000.480.000.000.0057.780.70
Total expenses1.490.861.050.881.221.081.901.70
EBITDA2964.554.985.5627028.194.754.09
EBITDA margin+99.5%+84.1%+82.6%+86.3%+99.5%+96.3%+71.4%+70.6%
Depreciation0.000.000.000.010.000.010.480.48
Interest0.000.000.000.000.000.000.000.00
Profit before tax2964.555.465.5527028.1862.054.31
Tax2.611.231.451.432.73(7.18)10.421.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue2975.416.036.4427129.276.655.79
Revenue growth (YoY)+9.7%-81.5%-9.3%+11.2%+66.1%+279.2%--
Other income0.010.000.480.000.000.0057.780.70
Total expenses1.490.861.050.881.221.081.901.70
EBITDA2964.554.985.5627028.194.754.09
EBITDA margin+99.5%+84.1%+82.6%+86.3%+99.5%+96.3%+71.4%+70.6%
Depreciation0.000.000.000.010.000.010.480.48
Interest0.000.000.000.000.000.000.000.00
Profit before tax2964.555.465.5527028.1862.054.31
Tax2.611.231.451.432.73(7.18)10.421.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue31318422321719430.41211
Revenue growth+69.6%-17.1%+2.5%+11.8%+538.2%-85.6%-
Other income0.4858.501.030.690.360.312.84
Total expenses4.2325.6419.3122.6520.2619.7420.23
Employee cost0.752.977.927.788.418.008.65
EBITDA30915920319417410.67191
EBITDA margin+98.7%+86.1%+91.3%+89.6%+89.6%+35.1%+90.4%
Depreciation0.021.962.072.021.971.931.82
Interest0.000.000.000.000.000.000.00
Profit before tax3092152021931729.05192
Tax(1.57)0.932.85(2.21)29.520.2311.86
Net profit3111661991951438.75180
Net profit margin+99.3%+90.3%+89.6%+90.0%+73.5%+28.8%+85.3%
EPS (₹)271.71187.53174.37170.86124.877.71157.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.4311.4311.4311.4311.4311.4311.43
Reserves & surplus27,62330,85127,00519,03122,84216,2328,199
Shareholders' funds (net worth)27,63530,86327,01719,04322,85316,2448,211
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.000.000.000.000.000.00
Total liabilities27,63530,86327,01719,04322,85316,2448,213
Assets
Gross block0.030.6535.9835.8434.3934.2233.74
Net block0.000.1610.0611.9812.5114.2815.33
Capital work in progress0.000.000.000.000.000.000.00
Investments30,75934,56329,36220,36424,65417,1898,080
Inventories0.000.003.663.806.463.603.36
Sundry debtors0.000.001.776.5510.026.834.70
Cash & bank balances7.588.055.755.224.5156.2581.92
Loans & advances24.5616.1210.526.8811.669.366.44
Total current assets32.1424.1721.7022.4532.6576.0496.42
Total current liabilities13.4333.9711.6411.3311.6011.1812.11
Net working capital18.71(9.80)10.0611.1221.0564.8684.31
Total assets27,63530,86327,01719,04322,85316,2448,213
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.970.700.360.220.6075.160.40
Net cash from operating activities267159206209119(5.68)(7.01)
Net cash from investing activities(18.97)35.79(11.59)(3.48)(61.65)(67.72)195
Net cash from financing activities(250)(193)(194)(205)(57.55)(1.16)(113)
Net change in cash(1.91)1.270.340.14(0.38)(74.56)74.76
Closing cash7.588.055.755.224.5156.2581.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+69.6%-17.1%+2.5%+11.8%+538.2%-85.6%-
EBITDA growth+94.4%-21.9%+4.5%+11.8%+1529.2%-94.4%-
PBT growth+43.5%+6.5%+4.7%+12.1%+1803.0%-95.3%+157.8%
Net income growth+86.6%-16.5%+2.1%+36.9%+1530.7%-95.1%-
Revenue CAGR (3Y)+13.0%-1.7%+94.1%+1.0%+26.9%-28.1%+191.7%
EBITDA CAGR (3Y)+16.6%-3.0%+167.1%+0.6%+32.3%-44.2%-
Profitability & leverage
Net income margin+99.3%+116.3%+89.6%+90.0%+73.5%+29.0%+85.3%
Return on capital employed+1.1%+0.6%+0.9%+0.9%+0.9%+0.1%+2.0%
Return on net worth+1.1%+0.6%+0.9%+0.9%+0.7%+0.1%+1.8%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.000.000.000.000.000.000.00
Efficiency & per share
Fixed asset turnover921.2913.266.236.205.670.906.57
Inventory turnover0.00132.7259.9342.4538.668.8387.82
Debtors turnover0.00274.4453.7426.2823.085.3350.73
EPS (₹)271.71187.53174.37170.86124.877.71157.45
Dividend per share (₹)220.00140.00170.00160.0080.0050.0050.00
Book value per share (₹)24,177.4227,001.6323,636.6816,660.3819,996.2814,213.097,184.41

To see the full year-wise statements and ratios of Maharashtra Scooters Ltd, buy the company report.

Board of directors of Maharashtra Scooters Ltd

Maharashtra Scooters has 6 current directors and 42 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjivnayan BajajDirector18 Oct 200620 Years 0 MonthsCurrent
RajagopalanManaging Director25 Jul 20197 Years 2 MonthsCurrent
Jasmine Arish ChaneyDirector24 Jul 20242 Years 3 MonthsCurrent
Mayur Chandrakant ChokshiDirector01 Oct 20242 Years 0 MonthsCurrent
Mayur Patwardhan GajananDirector01 Oct 20242 Years 0 MonthsCurrent
Ravikumar SrinivasanManaging Director01 Oct 20242 Years 0 MonthsCurrent

Auditor

Maharashtra Scooters Ltd is audited by Kirtane & Pandit LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Kirtane & Pandit LLPFY 2022105215W/W100057

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 51.00%, foreign institutional investors hold 6.20%, domestic institutional investors hold 3.80% and retail and other public shareholders hold 39.00%.

Promoters: 51.00%DII (Domestic Institutional): 3.80%FII (Foreign Institutional): 6.20%Retail & Others: 39.00%
Sep 2026
QUARTER
51.00% Promoters
3.80% DII (Domestic Institutional)
6.20% FII (Foreign Institutional)
39.00% Retail & Others
Promoter holding - history
Now 51.00% · Sep 2026High 51.00% · Dec 2025Low 51.00% · Dec 2025
50%50.5%51%51.5%52%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 51.00%Mar 2026: 51.00%Jun 2026: 51.00%Sep 2026: 51.00%51.00%51.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters51.00%51.00%51.00%51.00%
Public49.00%49.00%49.00%49.00%

Charges & borrowings

Open charges
₹25 Lakh
Satisfied charges
₹1.75 Cr
Breakdown by lending institutions
Central Bank of India₹1.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Sep 200090091342Central Bank of India₹1 CrSatisfied
09 Jun 197690082301Central Bank of India₹25 LakhSatisfied
08 Jun 197690089131Central Bank of India₹50 LakhSatisfied

To see the full charge records of Maharashtra Scooters Ltd, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Maharashtra Scooters Ltd has 5 deals on record (4 market trades, 1 acquisition); the latest was in January 2019.

Total deals
5
Market trades
4
Acquisition
1

Deals on record (5 of 5)

WhenDealAmountParties
Jan 2019Acquisition₹72.52 CrBuyer: Bajaj Holdings & Investment Limited.
Seller: Western Maharashtra Development Corpn Ltd
May 2016Market trade₹35.24 CrBuyer: 2 individuals
Seller: an individual
Jul 2012Market trade₹4.12 CrBuyer: Acacia Capital Partners
Seller: Acacia Capital Partners
Nov 2008Market trade₹49.6 LakhSeller: Morgan Stanley Investment Management
Nov 2005Market trade₹1.8 CrBuyer: Kmuk Ac Melchior Indian Opporutunities Fund

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Maharashtra Scooters Ltd has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Purohit Steel India Limited
Metal Flow Lubricants & Solutions Private Limited

To see the full MSME payment records of Maharashtra Scooters Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Maharashtra Scooters Ltd has a workforce of 108 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.

Employee count
108
Active EPFO establishments
1
Employee growth
-12.2%

GST

Maharashtra Scooters has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCM1799E1ZDMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Maharashtra Scooters Ltd, buy the company report.

Recent activity

Maharashtra Scooters Ltd has 78 board changes on record since 1976: 43 appointments and 35 cessations. The latest: Saurabh Surendra Erande was appointed as Company Secretary on 03 Oct 2025.

Filing
Maharashtra Scooters Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Appointed
Saurabh Surendra Erande was appointed as Company Secretary.
AGM
Maharashtra Scooters Ltd last Annual general meeting of members was held on 23 Jul 2025 as per latest MCA records.
Ceased
Nareshkumar Bansilal Patni ceased to be Director.
Ceased
Yogesh Jayant Shah ceased to be Director.
Appointed
Mayur Chandrakant Chokshi was appointed as Director.
Appointed
Mayur Patwardhan Gajanan was appointed as Director.
Appointed
Ravikumar Srinivasan was appointed as Managing Director.
Ceased
Anish Praful Amin ceased to be Director.
Appointed
Jasmine Arish Chaney was appointed as Director.
Ceased
Lila Firoz Poonawalla ceased to be Director.
Appointed
Anish Praful Amin was appointed as Director.

76 earlier events are in the company report.

Frequently asked questions

Maharashtra Scooters is an active public limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 11 June 1975 (51+ years old) and is registered under CIN L35912MH1975PLC018376. Listed on BSE: 500266 and NSE: MAHSCOOTER.

Maharashtra Scooters reported revenue of ₹312.76 Cr for FY 2025-26 (up 69.6% YoY) based on standalone financials.

Maharashtra Scooters has 6 current directors:

The latest financial statements of Maharashtra Scooters on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Maharashtra Scooters is 27AABCM1799E1ZD, registered in Maharashtra.

The CIN (Corporate Identification Number) of Maharashtra Scooters is L35912MH1975PLC018376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Maharashtra Scooters is a listed company as per MCA records. Its shares are listed on both BSE (code: 500266) and NSE (symbol: MAHSCOOTER).

Maharashtra Scooters has 88 court cases on record: 21 filed by the company and 67 filed against it. 13 are pending. Most are in the district courts.

Maharashtra Scooters was incorporated on 11 June 1975, making it 51+ years old. It is registered with the Registrar of Companies, Pune.

Maharashtra Scooters has 5 deals on record (4 market trades, 1 acquisition); the latest was in January 2019.

Saurabh Surendra Erande was appointed as Company Secretary on 03 Oct 2025. Nareshkumar Bansilal Patni ceased to be Director on 12 Oct 2024. Yogesh Jayant Shah ceased to be Director on 12 Oct 2024. Maharashtra Scooters has 78 board changes on record in total.