Rs 60 Per Share Dividend Declared: Multibagger Auto Company Reported 51,530 Per Cent PAT Growth on YoY Basis - Details Inside!
The stock price of the company has given 45 per cent, while the BSE Sensex has given only 8 per cent returns in one year. In the last five years the stock has given 450 per cent multibagger returns.
Maharashtra Scooters Ltd is witnessing positive traction in today’s session, trading at Rs 11,610.00, up Rs 175.35 or 1.53 per cent as April 23 of 11:35 AM. The uptick in price comes in the backdrop of the company announcing its Quarterly Results and declaring a dividend.
The Board of Directors has recommended a final dividend of Rs. 30 per share (300 per cent of face value of Rs. 10) and a special dividend of Rs. 30 per share (300 per cent of face value of Rs. 10) for the financial year ended 31 March 2025. The record date for the purpose of determining the members eligible to receive the dividend has been fixed as Friday, 27 June 2025.
In the Quarterly Results of March 2025, the company reported a revenue of Rs 6.65 crore, reflecting a YoY growth of 28 per cent compared to Rs 5.18 crore in March 2024 and a QoQ growth of 15 per cent from Rs 5.79 crore in December 2024. The profit after tax (PAT) stood at Rs 51.63 crore, marking a massive YoY growth of 51,530 per cent compared to Rs 0.1 crore in March 2024 and a QoQ growth of 1,465 per cent from Rs 3.3 crore in December 2024.
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In FY25, the company posted a revenue of Rs 183.33 crore, registering a decline of 18 per cent compared to Rs 222.73 crore in FY24. The net profit for the year stood at Rs 214.35 crore, up 8 per cent from Rs 199.31 crore in the previous financial year.
Maharashtra Scooters Ltd. (MSL) is a manufacturing & and an unregistered core investment company. It is engaged in the business of manufacturing dies, Jigs, fixtures and die casting components primarily for the automobile industry, etc. Maharashtra Scooters Ltd. is an unregistered Core Investment Company (‘CIC’). As a CIC, a minimum of 90 per cent of its assets stand invested in the Bajaj group and the balance in debt and other instruments. The Company manufactures pressure die casting dies, castings, jigs, and fixtures, primarily meant for the two-three-wheeler industry.
The stock price of the company has given 45 per cent, while the BSE Sensex has given only 8 per cent returns in one year. In the last five years the stock has given 450 per cent multibagger returns.
Investors should keep eye on this mulitbagger Mid-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.