The spotlight is on Maharashtra Scooters after the shares climbed nearly 3% in early trade. This surge in the share price of the company comes after it declared a Rs 160 per share interim dividend (1600%) for FY26.
Let’s take a look at the five key details investors should know –
Maharashtra Scooters Dividend: Interim dividend of Rs 160 declared
The company’s board has approved an interim dividend for its shareholders.
“An Interim Dividend of Rs. 160 (1600%) per equity share of face value of Rs. 10, for the financial year ending 31 March 2026 has been declared. Further, pursuant to Regulation 42 of the SEBI Listing Regulations, the record date for the purpose of determining the members eligible to receive the Interim Dividend has been fixed as Monday, 22 September 2025. The aforesaid Interim Dividend shall be credited / dispatched on or around Monday, 13 October 2025, to the eligible shareholders as on the said Record Date,” said the company through an exchange filing today.
Maharashtra Scooters Dividend: Record date and payout timeline
Now coming to the record date and payout timeline, shareholders holding Maharashtra Scooters stock as of September 22 will be eligible for this interim dividend.
The company has announced that the dividend will be credited or dispatched on or around October 13.
Maharashtra Scooters Dividend: Q1 performance recap
Looking at the financial performance, Maharashtra Scooters reported a 328% jump in standalone net profit at Rs 35.36 crore compared to the year-ago period.
The total income of the company also surged 241% YoY to Rs 29.27 crore. Furthermore, the pre-tax profit stood at Rs 28.18 crore, a sharp reversal from a pre-tax loss of Rs 11.77 crore in Q1 FY25.
Maharashtra Scooters: Stock performance and returns
The market responded positively to the dividend news. The share price of Maharashtra Scooters hit a fresh 52-week high of Rs 18,538 during the intraday trading session today.
Maharashtra Scooters share price surged 67% in the past year and 95% in the past six months.
Looking at a longer timeframe, the share price of the company delivered a return of nearly 494% in the last five years.
Maharashtra Scooters: Business profile
Maharashtra Scooters operates both as a manufacturer and an unregistered core investment company. The firm is engaged in producing die-casting components for the automobile sector, alongside managing its investment portfolio.