Maharashtra Scooters Limited DCF Valuation
MAHSCOOTER · Financial Services · Current price ₹12,439
Maharashtra Scooters Limited cash-flow valuation
Our discounted cash flow (2-stage) values Maharashtra Scooters Limited at ₹4,733 per share. Intrinsic value from 2-stage discounted cash flows (primary for asset-light / normal businesses); FCFE path. It carries 100% of the weight in our published estimate of ₹4,733. A discounted cash flow is only as good as the cash-flow path it assumes, so the assumptions behind it are listed in full below.
Try your own assumptions
Prefer to build the discounted cash flow yourself? The DCF calculator below opens pre-filled with Maharashtra Scooters Limited's reported free cash flow, net debt and share count, so you can set your own growth and discount rate.
How we got this fair value
Every number below is part of the same estimate for Maharashtra Scooters Limited. Nothing here is a target price or a forecast of where the share price will go.
Workable, with real gaps. Weigh it alongside your own view rather than on its own.
Estimate range ₹4,260 – ₹5,206
Why this method for this business
DCF is the most appropriate model for this business, given its capital-light structure and the availability of historical financial data. The model captures the intrinsic value based on normalized cash flows and a reasonable discount rate.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Intrinsic value from 2-stage discounted cash flows (primary for asset-light / normal businesses); FCFE path
- ev_sales: insufficient data to compute sales multiples
What was missing
- Forward estimates are not available
- No recent news impacting the business model
- Limited information on the company's capital allocation strategy
What drives it
12 inputs, grouped by how strong each claim is
- FCF_0 (normalized)
- 207 ₹cr
- Net debt
- -0.1 ₹cr
fcf_norm (median ≤5y positive)
total_debt − cash
- Discount rate (r)
- 15.53%
- Beta
- 1.15
COE (building-block)
bottom-up industry
- Stage-1 start growth
- 30%
- Fade shape
- hard
- Terminal growth (g)
- 5.33%
- Stage-1 years
- 12 y
pat_cagr_5y
lifecycle Hyper-Growth
macro terminal × quality premium
lifecycle Hyper-Growth horizon
- Lifecycle stage
- Hyper-Growth
- Quality premium
- 1.066×
forecast engine (L20)
moat Narrow + capital allocation
- Path
- FCFE
- Terminal-value fraction
- 0.396
computed (D/E vs 0.8)
PV_TV / (PV_1+PV_TV)
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for Maharashtra Scooters Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 14 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyMore on Maharashtra Scooters Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

