Maharashtra Scooters Share Price Jump 7% After Strong Q3FY26 Results

Maharashtra Scooters share price (NSE: MAHSCOOTER) moved sharply higher on Tuesday, January 13, after the company announced its Q3FY26 financial results. The stock climbed as much as 6.95% during the day to an intraday high of ₹13,859.60 on the BSE, even as the broader market remained weak.

Despite the rally, the stock is still around 25% below its 52-week high of ₹18,526 touched in September 2025.

Maharashtra Scooters Share Price And Market Performance

By around 2:03 pm, Maharashtra Scooters shares were trading at ₹13,625.85, up 5.15% from the previous close. In comparison, the BSE Sensex was down 0.55% at about 83,419 levels.

As of January 13, the company’s market capitalisation stood at ₹15,572.40 crore.

Maharashtra Scooters Q3 FY26 Revenue Growth

In the quarter ended December 31, 2025, Maharashtra Scooters reported total revenue from operations of ₹6.44 crore. This marked a year-on-year growth of 11.22% compared with ₹5.79 crore in Q3FY25.

Profit Jumps On Lower Expenses

The company’s profit after tax (PAT) rose strongly by 24.84% year-on-year to ₹4.12 crore in Q3FY26, compared with ₹3.30 crore in the same quarter last year.

A key reason behind the profit growth was a sharp fall in expenses. Total expenses declined 59.17% YoY to ₹0.89 crore, from ₹2.18 crore in Q3FY25.

Read more: Best Gold Stocks in India for January 2026: Titan, D P Abhushan, Thangamayil and More Based on 5-Yr CAGR.

Valuation And Key Ratios

According to BSE data, Maharashtra Scooters is currently trading at a price-to-earnings (P/E) ratio of 41.35. Its trailing twelve-month EPS stands at ₹313.41, while cash EPS is ₹313.85. The company’s return on equity (ROE) is 1.17, and the price-to-book (P/B) value is 0.48.

Conclusion

Maharashtra Scooters’ strong Q3FY26 performance, driven by steady revenue growth and a sharp reduction in costs, boosted investor confidence and pushed the stock up nearly 7%. While the share price remains below its 52-week high, the latest results highlight improved profitability and better cost control, which may continue to support the stock in the near term.

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