Maharashtra Scooters FY26 Audited Results: PAT Rs. 31,056 Lakh, Dividend Rs. 60/share
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 22 Apr 2026, 11:33 AM IST · BSE ID: de90adad-f715-406c-a0b9-a2f15b4437d9
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported full-year profit of Rs. 31,056 Lakh and is paying shareholders Rs. 60 per share dividend.
🤖 AI Summary
- FY26 audited PAT Rs. 31,056 Lakh; Board approves Rs. 60 per share dividend (600% of face value)
- Total revenue from operations Rs. 31,276 Lakh including Rs. 28,602 Lakh dividend income
- Unmodified audit opinion with no qualifications; audit conducted under SA standards
- AGM scheduled 29 July 2026; dividend record date 30 June 2026; payment by 4 August 2026
- Exceptional items Rs. 5,768 Lakh: profit on leasehold rights transfer Rs. 4,711 Lakh, asset sale Rs. 1,057 Lakh
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit After Tax (FY26 Audited)
Rs. 31,056 Lakh
Final Dividend per Share
Rs. 60 per share
Total Revenue from Operations
Rs. 31,276 Lakh
Dividend Income
Rs. 28,602 Lakh
Exceptional Items
Rs. 5,768 Lakh
Paid-up Equity Share Capital
Rs. 1,143 Lakh
Basic and Diluted EPS
Rs. 271.7 per share
🏢 How This Affects the Company
PAT of Rs. 31,056 Lakh reflects strong earnings. Dividend payout of Rs. 60 per share represents 600% of face value, indicating significant capital return to shareholders. Exceptional gains of Rs. 5,768 Lakh from land transfer and asset sales contributed materially to profit.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must attend AGM on 29 July 2026 to approve final dividend; ensure shares held in demat by record date 30 June 2026 to receive dividend.
👤
Who Is Affected
All equity shareholders holding shares as of record date 30 June 2026 eligible for dividend of Rs. 60 per share. Total equity share capital Rs. 1,143 Lakh with face value Rs. 10 per share.
🔍
Management Signal
Approval of high dividend reflects confidence in capital position and intent to return surplus to shareholders despite narrow operational revenue base.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
AGM on 29 July 2026 — confirm dividend approval and shareholder meeting outcomes
Dividend payment by 4 August 2026 — verify credit to demat accounts post record date
Q1 FY27 results — assess operational revenue sustainability excluding dividend income
MEDIUM RISK
Revenue composition heavily skewed toward investment income (91.4% of total). Limited operational revenue and reliance on exceptional gains raise earnings quality concerns.
💡 Investor Takeaway
FY26 audited PAT Rs. 31,056 Lakh confirmed with unmodified audit opinion. Board approved Rs. 60 per share dividend (600% of Rs. 10 face value). Exceptional gains of Rs. 5,768 Lakh from land and asset sales materially influenced profit; operational revenue base remains narrow.
⚖️ Strengths & Concerns
✅ Positives
- Clean audit report with unmodified opinion and no qualifications; audit conducted per standard auditing procedures
- High dividend payout of Rs. 60 per share demonstrates capital adequacy and shareholder returns capacity
⚠️ Concerns
- Revenue from operations of Rs. 31,276 Lakh heavily dependent on dividend income (Rs. 28,602 Lakh), indicating limited operational revenue generation
- Exceptional items of Rs. 5,768 Lakh represent significant portion of profit; non-recurring nature limits sustainability assessment
📅 Company Track Record
Maharashtra Scooters is registered since 1975 (CIN L35912MH1975PLC018376). FY25 PAT was Rs. 21,435 Lakh. FY26 shows PAT growth driven largely by dividend income and exceptional items rather than operational business expansion.
Based on publicly available historical data. For context only.