Maharashtra Scooters share price today

Maharashtra Scooters Ltd's share price was ₹11,775.00 at the close on 4 November 2026. It has been falling for 2 weeks. That is 9.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹11,387 and ₹14,705, and at that close it sat 12% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Maharashtra Scooters Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

Over the last 11 years the share price moved +869% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue grew again in the September 2026 quarter, profit grew again in the September 2026 quarter and highest quarterly profit in 16 quarters.

1. Revenue grew again in the September 2026 quarter

   Revenue was ₹297 crore, +9.6% on a year earlier (₹271 crore), after 2 quarters of decline.

2. Profit grew again in the September 2026 quarter

   Profit was ₹293 crore, +9.7% on a year earlier (₹267 crore), after 2 quarters of decline.

3. Highest quarterly profit in 16 quarters

   Profit of ₹293 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Maharashtra Scooters reported total income of ₹297 crore, up 9.6% from ₹271 crore a year earlier, and a profit of ₹293 crore, up 9.7% from ₹267 crore.

Maharashtra Scooters results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

Maharashtra Scooters closed at ₹11,775.00 on 4 November 2026, down 18.7% from ₹14,490.00 a year earlier (7 November 2025) and up 169.3% over five years. Its highest weekly close since March 2016 was ₹17,979.00 on 12 September 2025.

Maharashtra Scooters share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Maharashtra Scooters closed at ₹11,775.00, up 1.4% on the week and down 4.9% on the month. Results for July to September 2026: Total income up 9.6% and profit up 9.7% on a year earlier.

Earlier

• 21 Sep 2026: ex-date for a dividend of ₹160 a share.
• 30 Jun 2026: ex-date for a dividend of ₹60 a share.

Maharashtra Scooters paid ₹220 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.87% at the ₹11,775.00 close on 4 November 2026. The last was a dividend of ₹160 a share, ex-date 21 September 2026.

Maharashtra Scooters dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Maharashtra Scooters Ltd paid out 81% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Maharashtra Scooters is on 2 of our India lists: Dividend stocks and Small & mid cap stocks.

Maharashtra Scooters Ltd earned ₹293 Cr of net profit in the Sep 2026 quarter, +9.7% on the same quarter a year earlier. Full-year FY26 profit was ₹311 Cr. Over 10 years profit has grown 11.9% a year on average. That is 98.7% of the quarter's revenue. The same quarter a year earlier earned ₹267 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹311 Cr (+45.3% on the year before).

Why profit moved: revenue changed +9.6% on a year earlier and the margin moved +0.2 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −35.2% and revenue −21.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

Maharashtra Scooters Ltd reported ₹297 Cr of income in the Sep 2026 quarter, +9.6% on the same quarter a year earlier. Over 10 years it has grown 42.6% a year on average. The last full year, FY26, came in at ₹313 Cr. The last four reported quarters add to ₹314 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

FY26 revenue was ₹313 Cr, +70.1% on the year before.

Recent pace: the last four quarters grew −21.9% on average, against 42.6% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +0.3%, against +31.3% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −14.8%, against +37.8% a year (rolling over).

Maharashtra Scooters Ltd's net margin was 98.7% in the Sep 2026 quarter, 0.2 percentage points higher than the same quarter a year ago. Across 13 years it has been between 30.0% and 1,200.0%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

Maharashtra Scooters Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

Maharashtra Scooters Ltd's revenue was ₹313 Cr in FY26, +70.1% on the year before, so the loan book is growing. The latest quarter was +9.6% on a year earlier. The net margin on that income is 98.7%, +0.2 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

Maharashtra Scooters Ltd's P/BV is 0.4×, near the high end of its own history: higher than 74% of past readings. Its usual P/BV (the middle reading) is 0.4×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

Why the multiple is low: this lender earns about 1% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve.