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Maharashtra ScootersBSE:500266 Stock Report

Market Cap

₹52.9b

7D

-2.6%

1Y

62.1%

Updated

24 Oct, 2021

Data

Company Financials
500266 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

500266 Overview

Maharashtra Scooters Ltd. manufactures and sells pressure die casting dies, jigs, fixtures, and die casting components primarily for the two and three-wheeler industry in India.

Price History & Performance

Summary of all time highs, changes and price drops for Maharashtra Scooters
Historical stock prices
Current Share Price₹4,630.35
52 Week High₹2,765.00
52 Week Low₹5,023.35
Beta1.28
1 Month Change-1.02%
3 Month Change11.23%
1 Year Change62.13%
3 Year Change105.47%
5 Year Change133.66%
Change since IPO2,664.39%

Recent News & Updates

Shareholder Returns

500266IN AutoIN Market
7D-2.6%-2.7%-3.1%
1Y62.1%35.7%61.0%

Return vs Industry: 500266 exceeded the Indian Auto industry which returned 35.7% over the past year.

Return vs Market: 500266 exceeded the Indian Market which returned 61% over the past year.

Price Volatility

Is 500266's price volatile compared to industry and market?
500266 volatility
500266 Beta1.28
Industry Beta1.23
Market Beta1

Stable Share Price: 500266 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 500266's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1975122Shriniwas Pathakhttps://www.mahascooters.com

Maharashtra Scooters Ltd. manufactures and sells pressure die casting dies, jigs, fixtures, and die casting components primarily for the two and three-wheeler industry in India. The company operates through two segments, Manufacturing and Investments. It also engages in treasury operations, which manages surplus funds invested by the company.

Maharashtra Scooters Fundamentals Summary

How do Maharashtra Scooters's earnings and revenue compare to its market cap?
500266 fundamental statistics
Market Cap₹52.92b
Earnings (TTM)₹95.02m
Revenue (TTM)₹317.46m

556.9x

P/E Ratio

166.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500266 income statement (TTM)
Revenue₹317.46m
Cost of Revenue₹81.60m
Gross Profit₹235.86m
Expenses₹140.84m
Earnings₹95.02m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 25, 2021

Earnings per share (EPS)8.31
Gross Margin74.30%
Net Profit Margin29.93%
Debt/Equity Ratio0.0%

How did 500266 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

602%

Payout Ratio

Valuation

Is Maharashtra Scooters undervalued compared to its fair value and its price relative to the market?

556.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500266 (₹4630.35) is trading above our estimate of fair value (₹285.02)

Significantly Below Fair Value: 500266 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500266 is poor value based on its PE Ratio (556.9x) compared to the Indian Auto industry average (35.7x).

PE vs Market: 500266 is poor value based on its PE Ratio (556.9x) compared to the Indian market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500266's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500266 is good value based on its PB Ratio (0.3x) compared to the IN Auto industry average (3.6x).


Future Growth

How is Maharashtra Scooters forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.3%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Maharashtra Scooters has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Maharashtra Scooters performed over the past 5 years?

10.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500266 has high quality earnings.

Growing Profit Margin: 500266's current net profit margins (29.9%) are lower than last year (84.2%).


Past Earnings Growth Analysis

Earnings Trend: 500266's earnings have grown by 10.6% per year over the past 5 years.

Accelerating Growth: 500266's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500266 had negative earnings growth (-94.7%) over the past year, making it difficult to compare to the Auto industry average (25.7%).


Return on Equity

High ROE: 500266's Return on Equity (0.06%) is considered low.


Financial Health

How is Maharashtra Scooters's financial position?


Financial Position Analysis

Short Term Liabilities: 500266's short term assets (₹1.0B) exceed its short term liabilities (₹111.8M).

Long Term Liabilities: 500266's short term assets (₹1.0B) do not cover its long term liabilities (₹10.3B).


Debt to Equity History and Analysis

Debt Level: 500266 is debt free.

Reducing Debt: 500266 has not had any debt for past 5 years.

Debt Coverage: 500266 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500266 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Maharashtra Scooters's current dividend yield, its reliability and sustainability?

1.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500266's dividend (1.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 500266's dividend (1.08%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).


Stability and Growth of Payments

Stable Dividend: 500266's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500266's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (601.7%), 500266's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Shriniwas Pathak (47 yo)

3.25yrs

Tenure

₹3,596,000

Compensation

Mr. Shriniwas Pathak has been Chief Executive Officer of Maharashtra Scooters Ltd since July 1, 2018. Mr. Pathak served as Deputy General Manager of Tool Room at Maharashtra Scooters Ltd until July 1, 2018...


CEO Compensation Analysis

Compensation vs Market: Shriniwas's total compensation ($USD47.97K) is below average for companies of similar size in the Indian market ($USD388.29K).

Compensation vs Earnings: Shriniwas's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 500266's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 500266's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Maharashtra Scooters Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Maharashtra Scooters Ltd.
  • Ticker: 500266
  • Exchange: BSE
  • Founded: 1975
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Market Cap: ₹52.918b
  • Shares outstanding: 11.43m
  • Website: https://www.mahascooters.com

Number of Employees


Location

  • Maharashtra Scooters Ltd.
  • C/o Bajaj Auto Ltd.
  • Mumbai-Pune Road
  • Pune
  • Maharashtra
  • 411035
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 12:01
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.