Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Mah. Scooters
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 9.24 | 5.26 | 205.92 | 6.37 | 5.18 | 7.72 | 163.17 | 5.79 | 6.65 | 29.27 | 271.02 | 6.44 | 6.03 |
| Expenses + | 7.49 | 4.05 | 5.61 | 5.16 | 4.49 | 5.74 | 2.22 | 1.70 | 1.90 | 1.08 | 1.22 | 0.88 | 1.05 |
| Operating Profit | 1.75 | 1.21 | 200.31 | 1.21 | 0.69 | 1.98 | 160.95 | 4.09 | 4.75 | 28.19 | 269.80 | 5.56 | 4.98 |
| OPM % | 18.94% | 23.00% | 97.28% | 19.00% | 13.32% | 25.65% | 98.64% | 70.64% | 71.43% | 96.31% | 99.55% | 86.34% | 82.59% |
| Other Income + | 0.06 | 0.00 | 0.11 | 0.70 | 0.00 | -13.23 | 0.22 | 0.70 | 57.78 | 0.00 | 0.00 | 0.00 | 0.48 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.53 | 0.52 | 0.52 | 0.51 | 0.52 | 0.52 | 0.48 | 0.48 | 0.48 | 0.01 | 0.00 | 0.01 | 0.00 |
| Profit before tax | 1.28 | 0.69 | 199.90 | 1.40 | 0.17 | -11.77 | 160.69 | 4.31 | 62.05 | 28.18 | 269.80 | 5.55 | 5.46 |
| Tax % | 35.94% | 30.43% | 1.09% | 28.57% | 41.18% | -170.18% | 5.93% | 23.43% | 16.79% | -25.48% | 1.01% | 25.77% | 26.56% |
| Net Profit + | 0.82 | 0.48 | 197.73 | 1.00 | 0.10 | 8.26 | 151.16 | 3.30 | 51.63 | 35.36 | 267.07 | 4.12 | 4.01 |
| EPS in Rs | 0.72 | 0.42 | 173.01 | 0.87 | 0.09 | 7.23 | 132.26 | 2.89 | 45.18 | 30.94 | 233.69 | 3.60 | 3.51 |
Financials of Mah. Scooters
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 7 | 9 | 8 | 82 | 95 | 211 | 30 | 194 | 217 | 223 | 184 | 313 |
| Expenses + | 12 | 15 | 14 | 20 | 20 | 20 | 20 | 20 | 23 | 19 | 12 | 4 |
| Operating Profit | -5 | -6 | -6 | 61 | 75 | 191 | 11 | 174 | 194 | 203 | 172 | 309 |
| OPM % | -72% | -72% | -69% | 75% | 79% | 90% | 35% | 90% | 90% | 91% | 94% | 99% |
| Other Income + | 63 | 108 | 21 | 1 | 1 | 3 | 0 | 0 | 1 | 1 | 45 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 |
| Profit before tax | 55 | 101 | 14 | 61 | 74 | 192 | 9 | 172 | 193 | 202 | 215 | 309 |
| Tax % | 0% | 0% | 9% | 1% | 2% | 6% | 3% | 17% | -1% | 1% | 0% | -1% |
| Net Profit + | 55 | 101 | 13 | 61 | 73 | 180 | 9 | 143 | 195 | 199 | 214 | 311 |
| EPS in Rs | 47.91 | 88.37 | 11.44 | 53.16 | 63.70 | 157.45 | 7.71 | 124.87 | 170.88 | 174.40 | 187.56 | 271.74 |
| Dividend Payout % | 63% | 34% | 262% | 62% | 52% | 32% | 649% | 64% | 94% | 97% | 75% | 81% |
Financials of Mah. Scooters
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 241 | 301 | 6,541 | 8,214 | 11,312 | 8,199 | 16,232 | 22,842 | 19,031 | 27,005 | 30,851 | 27,623 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities + | 66 | 25 | 20 | 18 | 391 | 14 | 1,036 | 1,846 | 1,355 | 2,377 | 3,725 | 3,156 |
| Total Liabilities | 318 | 337 | 6,572 | 8,243 | 11,714 | 8,225 | 17,280 | 24,699 | 20,398 | 29,394 | 34,588 | 30,791 |
| Fixed Assets + | 4 | 7 | 7 | 13 | 15 | 15 | 14 | 13 | 12 | 10 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 271 | 280 | 6,511 | 8,196 | 11,680 | 8,080 | 17,189 | 24,654 | 20,364 | 29,362 | 34,563 | 30,759 |
| Other Assets + | 43 | 50 | 54 | 34 | 20 | 130 | 76 | 33 | 22 | 22 | 24 | 32 |
| Total Assets | 318 | 337 | 6,572 | 8,243 | 11,714 | 8,225 | 17,280 | 24,699 | 20,398 | 29,394 | 34,588 | 30,791 |
Financials of Mah. Scooters
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -10 | -8 | -33 | 1 | 1 | -7 | -6 | 119 | 209 | 206 | 159 | 267 |
| Cash from Investing Activity + | 41 | 81 | 35 | 40 | 45 | 195 | -68 | -62 | -3 | -12 | 36 | -19 |
| Cash from Financing Activity + | -33 | -80 | -2 | -41 | -45 | -113 | -1 | -58 | -205 | -194 | -193 | -250 |
| Net Cash Flow | -2 | -6 | 0 | 0 | -0 | 75 | -75 | -0 | 0 | 0 | 1 | -2 |
| Free Cash Flow | -10 | -12 | -34 | -5 | -2 | -9 | -6 | 119 | 207 | 206 | 224 | 267 |
| CFO/OP | 180% | 104% | 530% | 3% | 5% | -2% | -44% | 86% | 119% | 106% | 100% | 92% |
Financials of Mah. Scooters
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 137 | 99 | 95 | 15 | 14 | 8 | 82 | 19 | 11 | 3 | 0 | 0 |
| Inventory Days | 134 | 42 | 111 | 57 | 72 | 163 | ||||||
| Days Payable | 27 | 37 | 40 | 40 | 8 | 99 | ||||||
| Cash Conversion Cycle | 243 | 104 | 166 | 33 | 78 | 8 | 146 | 19 | 11 | 3 | 0 | 0 |
| Working Capital Days | -2,141 | -203 | -43 | 1 | 4 | 4 | 103 | 31 | 10 | 7 | -35 | 13 |
| ROCE % | 20% | 35% | 0% | 1% | 1% | 2% | 0% | 1% | 1% | 1% | 1% | 1% |
Despite competitive intensity, Muthoot Finance has demonstrated growth; Q1 saw about 6% growth (~INR 9,000 crores). Key concall takeaways from Muthoot Finance…
The company has already seen wheels AUM growth at 11%-12% and non-wheels at 28%-30% in recent quarters. Key concall takeaways from Mahindra & Mahindra…
Personal loans are growing fastest, with 5%-10% month-on-month growth. Key concall takeaways from Akiko Global Services Ltd's Q1 FY27 earnings call — and how…
Care Homes occupancy is improving steadily (e.g., Bannerghatta from 37% to 41%), with potential expansion plans in late FY27. Key concall takeaways from Max…