• lowindian-share-tips.com· 04 Sept 2026, 01:45 am
  Can Maharashtra Scooters Ltd Continue Its Long-Term Uptrend Despite RSI Warning Signs?

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Maharashtra Scooters Limited (MAHSCOOTER) is an Unregistered Core Investment Company (CIC) with 90% of its assets invested in the Bajaj Group. The company's financial performance for FY2022-23 shows a net profit margin of 89.68%, up from 73.39% in FY2021-22, driven by increased profit. However, the operating profit margin was negative at (40.44%) due to increased overheads. The company has no subsidiaries and has not accepted any fixed deposits or borrowed funds during FY2023. There were no complaints under the Whistle Blower Policy, and no insolvency proceedings were pending. The company has maintained compliance with corporate governance standards, with no defaults noted in statutory dues, except for some disputed tax matters. The independent auditors have confirmed the adequacy of internal financial controls.

• Net profit margin increased to 89.68% in FY2022-23 due to higher profit.
• Operating profit margin was negative at (40.44%) due to increased overheads.
• No subsidiaries, fixed deposits, or borrowings during FY2023.
• No insolvency proceedings or complaints under the Whistle Blower Policy.
• Disputed tax matters exist but no defaults in statutory dues.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.