BSE:500266

Stock Analysis Report

Maharashtra Scooters

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet with acceptable track record.

Risks

  • Maharashtra Scooters is not covered by any analysts.

Share Price & News

How has Maharashtra Scooters's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.7%

BSE:500266

-1.5%

IN Auto

-0.7%

IN Market


1 Year Return

21.8%

BSE:500266

-32.9%

IN Auto

-12.1%

IN Market

500266 outperformed the Auto industry which returned -33% over the past year.

500266 outperformed the Market in India which returned -12.1% over the past year.


Share holder returns

500266IndustryMarket
7 Day-2.7%-1.5%-0.7%
30 Day-7.2%-3.5%-4.6%
90 Day-2.1%-13.4%-4.3%
1 Year22.8%21.8%-31.9%-32.9%-10.3%-12.1%
3 Year166.2%157.0%-19.9%-22.5%18.9%12.8%
5 Year472.4%426.0%6.1%1.0%37.6%24.7%

Price Volatility Vs. Market

How volatile is Maharashtra Scooters's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Maharashtra Scooters undervalued based on future cash flows and its price relative to the stock market?

61.03x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Maharashtra Scooters's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Maharashtra Scooters's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Maharashtra Scooters is overvalued based on earnings compared to the IN Auto industry average.

Maharashtra Scooters is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Maharashtra Scooters, we can't assess if its growth is good value.


Price Based on Value of Assets

Maharashtra Scooters is good value based on assets compared to the IN Auto industry average.


Next Steps

Future Growth

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

40.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Maharashtra Scooters is high growth as no revenue estimate data is available.

Maharashtra Scooters's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Maharashtra Scooters's revenue growth to the India market average as no estimate data is available.

Maharashtra Scooters's earnings growth is expected to exceed the India market average.

Maharashtra Scooters's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Maharashtra Scooters will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Maharashtra Scooters performed over the past 5 years?

3.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Maharashtra Scooters's year on year earnings growth rate has been positive over the past 5 years.

Maharashtra Scooters's 1-year earnings growth exceeds its 5-year average (17.4% vs 3.7%)

Maharashtra Scooters's earnings growth has exceeded the IN Auto industry average in the past year (17.4% vs 4%).


Return on Equity

Maharashtra Scooters has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Maharashtra Scooters used its assets less efficiently than the IN Auto industry average last year based on Return on Assets.


Return on Capital Employed

Maharashtra Scooters's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Maharashtra Scooters's financial position?


Financial Position Analysis

Maharashtra Scooters is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Maharashtra Scooters's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Maharashtra Scooters has no debt.

Maharashtra Scooters has not taken on any debt in the past 5 years.

Maharashtra Scooters has no debt, it does not need to be covered by operating cash flow.

Maharashtra Scooters has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Maharashtra Scooters has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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

0.85%

Current Dividend Yield


Dividend Yield and Payments Analysis

Maharashtra Scooters's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.63%).

Maharashtra Scooters's dividend is below the markets top 25% of dividend payers in India (2.52%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.9x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Maharashtra Scooters's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average management tenure


CEO

Shriniwas Pathak (45yo)

1.1yrs

Tenure

₹3,799,391

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

Shriniwas's remuneration is lower than average for companies of similar size in India.

Insufficient data for Shriniwas to compare compensation growth.


Management Age and Tenure

1.1yrs

Average Tenure

The average tenure for the Maharashtra Scooters management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.8yrs

Average Tenure

68.5yo

Average Age

The tenure for the Maharashtra Scooters board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • N. Kulkarni

    Company Secretary & Compliance Officer

    • Tenure: 9.3yrs
  • Anant Marathe (42yo)

    Chief Financial Officer

    • Tenure: 0.1yrs
  • Shriniwas Pathak (45yo)

    CEO & Manager

    • Tenure: 1.1yrs
    • Compensation: 3.80m

Board Members

  • Sanjiv Bajaj (50yo)

    Chairman

    • Tenure: 0.1yrs
    • Compensation: 120.00k
  • Lila Poonawalla (75yo)

    Independent Director

    • Tenure: 0.1yrs
  • Naresh Patni (70yo)

    Non-Executive Independent Director

    • Tenure: 7.6yrs
    • Compensation: 220.00k
  • Yogesh Shah (67yo)

    Non-Executive Independent Director

    • Tenure: 7.8yrs
    • Compensation: 260.00k

Company Information

Maharashtra Scooters Ltd.'s company bio, 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: ₹44.206b
  • Shares outstanding: 11.43m
  • Website: Click here

Number of Employees


Location

  • Maharashtra Scooters Ltd.
  • Mumbai-Pune Road
  • Akurdi
  • Pune
  • Maharashtra
  • 411035
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500266BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 1995
MAHSCOOTERNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 1995

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:38
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.