MAHARASHTRA SCOOT chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 169.91
Dividend & Yield80.00₹ (2.11%)
Beta 1.22
Market capitalization 44.04B
Operating cash flow -381.7M
ESG Scores unknown

Company description

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. The company was incorporated in 1975 and is based in Pune, India. Maharashtra Scooters Ltd. operatesas a subsidiary of Bajaj Holdings & Investment Limited.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities
Total Cashflows From Investing Activities 445.96M 1.95B -677.25M 953.5M
Net Borrowings
Total Cash From Financing Activities -453.02M -1.13B -11.59M -575.6M
Change To Operating Activities 41.64M -29.42M 19.11M -22M
Issuance Of Stock
Net Income 728M 1.8B 88.12M 1.43B
Change In Cash -540k 747.63M -745.6M -3.8M
Effect Of Exchange Rate
Total Cash From Operating Activities 6.52M -70.14M -56.77M -381.7M
Depreciation 15.52M 18.15M 19.33M 19.7M
Change To Account Receivables -2.84M -9.69M -21.33M -31.9M
Other Cashflows From Financing Activities -77.52M -194.98M
Change To Netincome -772.73M -1.83B -159.52M -1.75B
Capital Expenditures -39.39M -25.1M -9.63M -2M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 743.99M 1.92B 90.45M 1.72B
Net Income 728M 1.8B 88.12M 1.43B
Selling General Administrative 81.04M 86.45M 79.95M 84.1M
Gross Profit 865.93M 2.05B 219.36M 1.87B
Ebit 735.24M 1.92B 89.71M 1.72B
Operating Income 735.24M 1.92B 89.71M 1.72B
Interest Expense
Income Tax Expense 15.98M 118.57M 2.33M 295.3M
Total Revenue 949.73M 2.14B 304.36M 1.94B
Cost Of Revenue 83.8M 81.44M 85M 75.2M
Total Other Income ExpenseNet 8.75M -139k 741k
Net Income From Continuing Ops 728M 1.8B 88.12M 1.43B
Net Income Applicable To Common Shares 728M 1.8B 88.12M 1.43B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 3.91B 144.25M 10.36B 18.46B
Total Stockholder Equity 113.23B 82.11B 162.44B 228.53B
Other Current Liabilities 52.36M 62.77M 57.69M 65.4M
Total Assets 117.14B 82.25B 172.8B 246.99B
Common Stock 114.29M 114.29M 114.29M 114.3M
Other Current Assets 49.26M 60.69M 50.99M 108.3M
Retained Earnings 3.6B 4.26B 4.35B
Treasury Stock 109.52B 77.74B 157.98B 228.42B
Cash 3.97M 751.6M 6M 45.1M
Total Current Liabilities 98.75M 121.13M 111.77M 79.8M
Other Stockholder Equity 109.52B 77.74B 157.98B 228.42B
Property, Plant, and Equipment 146.93M 153.3M 142.83M 125.1M
Total Current Assets 1.75B 1.97B 1.04B 1.37B
Net Tangible Assets 113.23B 82.11B 162.44B 228.53B
Net Receivables 87.66M 108.7M 157.42M 100.3M
Accounts Payable 1.67M 10.64M 21.81M 5.1M


Insider Transactions

Here are the insider transactions of stock shares related to MAHARASHTRA SCOOT:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Bachhraj & Factories Pvt Ltd.Acquisition at price 46.72 per share.D2022-05-20Promoter1.06k
Bachhraj & Factories Pvt Ltd.Acquisition at price 46.72 per share.D2022-05-20Promoter10
Bachhraj & Factories Pvt Ltd.Acquisition at price 45.57 per share.D2022-05-19Promoter738
Bachhraj & Factories Pvt Ltd.Acquisition at price 46.17 per share.D2022-05-18Promoter916

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MAHARASHTRA SCOOT. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MAHARASHTRA SCOOT

Here is the result of two systematic investment strategies applied to MAHARASHTRA SCOOT. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MAHARASHTRA SCOOT

The following chart shows the equity curve of the two systematic investment strategies applied to MAHARASHTRA SCOOT:

MAHARASHTRA SCOOT automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -7.58% on the backtest period.

Performance at glance

Performance

-7.58 %

Latent gain

-1217.15 ₹

Invested capital

16063.75 ₹

Annualized return

-1.8 %
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Momentum strategy results on MAHARASHTRA SCOOT

This is the result of two momentum investment strategies applied to MAHARASHTRA SCOOT. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MAHARASHTRA SCOOT

The following chart shows all the entries opened by the momentum investment system on MAHARASHTRA SCOOT:

MAHARASHTRA SCOOT momentum entries
  • The first momentum investment strategy would give 26.26% of return on MAHARASHTRA SCOOT. That represents 2315.9₹ of latent gain with 8819.05₹ of employed capital.
  • The second momentum investment strategy would give 22.74% of return on MAHARASHTRA SCOOT. That represents 2062.9₹ of latent gain with 9072.05₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

26.26 %

Latent gain

2315.9 ₹

Invested capital

8819.05 ₹

Annualized return

1.2 %
Performance at glance (2Q Momentum)

Performance

22.74 %

Latent gain

2062.9 ₹

Invested capital

9072.05 ₹

Annualized return

6.11 %

Momentum equity curve on MAHARASHTRA SCOOT

The following chart shows the equity curve of the two momentum strategies applied to MAHARASHTRA SCOOT:

MAHARASHTRA SCOOT momentum equity

Note: the dividends potentially given by MAHARASHTRA SCOOT are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAHARASHTRA SCOOT

The following chart shows the employed capital evolution of the two momentum strategies on MAHARASHTRA SCOOT since the beginning:

MAHARASHTRA SCOOT

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on MAHARASHTRA SCOOT

Buy the dip entry openings on MAHARASHTRA SCOOT

MAHARASHTRA SCOOT

The performance achieved by the robo-advisor on MAHARASHTRA SCOOT is 2.63%. That represents 95.0$ of latent gain with 3616.65₹ of employed capital. The following chart shows MAHARASHTRA SCOOT stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MAHARASHTRA SCOOT, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

2.63 %

Latent gain

95.0 ₹

Invested capital

3616.65 ₹

Annualized return

1.2 %

Equity curve of the strategy applied to MAHARASHTRA SCOOT

The following chart shows the result of the investment strategy applied to MAHARASHTRA SCOOT:

MAHARASHTRA SCOOT

Note: the dividends potentially given by MAHARASHTRA SCOOT are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAHARASHTRA SCOOT

The following chart shows the employed capital evolution since the beginning of the investment strategy on MAHARASHTRA SCOOT:

MAHARASHTRA SCOOT

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MAHARASHTRA SCOOT

In this section, I will compare the three previous investment strategies applied to MAHARASHTRA SCOOT.

Equity curve comparison on MAHARASHTRA SCOOT

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MAHARASHTRA SCOOT investment strategy comparison

Employed capital comparison on MAHARASHTRA SCOOT

MAHARASHTRA SCOOT investment comparison

Performance comparison on MAHARASHTRA SCOOT

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -7.58% -1217.15₹ 16063.75₹ -1.8%
Momentum 1 quarter 26.26% 2315.9₹ 8819.05₹ 6.63%
Momentum 2 quarters 22.74% 2062.9₹ 9072.05₹ 6.11%
Non-directional 2.63% 95.0₹ 3616.65₹ 1.2%
Annualized return comparison

Automatic investment

-1.8 %

Momentum 1Q

6.11 %

Momentum 2Q

6.11 %

Non-directional

1.2 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MAHARASHTRA SCOOT:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MAHARASHTRA SCOOT and the other stocks. There may be false positives or some missing correlated stocks. If the price of MAHARASHTRA SCOOT does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MAHARASHTRA SCOOT
Country India
City Pune
Address C/o Bajaj Auto Ltd.
Phone 91 20 2747 2851
Website www.mahascooters.com
FullTime employees
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker MAHSCOOTER.XNSE
Market

MAHARASHTRA SCOOT ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown