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
|Historical stock prices|
|Current Share Price||₹4,630.35|
|52 Week High||₹2,765.00|
|52 Week Low||₹5,023.35|
|1 Month Change||-1.02%|
|3 Month Change||11.23%|
|1 Year Change||62.13%|
|3 Year Change||105.47%|
|5 Year Change||133.66%|
|Change since IPO||2,664.39%|
Recent News & Updates
|500266||IN Auto||IN Market|
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.
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
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
|500266 fundamental statistics|
Is 500266 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500266 income statement (TTM)|
|Cost of Revenue||₹81.60m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 25, 2021
|Earnings per share (EPS)||8.31|
|Net Profit Margin||29.93%|
How did 500266 perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is Maharashtra Scooters undervalued compared to its fair value and its price relative to the market?
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).
How is Maharashtra Scooters forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Maharashtra Scooters performed over the past 5 years?
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.
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.
What is Maharashtra Scooters's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shriniwas Pathak (47 yo)
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.
Experienced Management: 500266's management team is considered experienced (2.3 years average tenure).
Experienced Board: 500266's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Maharashtra Scooters Ltd.'s employee growth, exchange listings and data sources
- 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
- Maharashtra Scooters Ltd.
- C/o Bajaj Auto Ltd.
- Mumbai-Pune Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 12:01|
|End of Day Share Price||2021/10/22 00:00|
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.