Nifty
:
26178.70
Sensex
:
85063.34
-71.60 (-0.27%)
-376.28 (-0.44%)
Nifty
Sensex
:
:
26178.70
85063.34
-71.60 (-0.27%)
-376.28 (-0.44%)

Maruti Suzuki India Ltd.

Automobiles - Passenger Cars

Rating :
72/99

BSE: 532500 | NSE: MARUTI

NSE BSE
17292.00
06-Jan-2026
  • Open
  • High
  • Low
  • Previous Close
  •  17170
  •  17306
  •  17142
  •  17155.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  192182
  •  3312275529
  •  17370
  •  11059.45

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 5,43,757.68
  • 36.79
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 5,43,089.18
  • 0.78%
  • 5.45

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 58.28%
  • 0.22%
  • 2.52%
  • FII
  • DII
  • Others
  • 15.78%
  • 21.26%
  • 1.94%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.26
  • 16.79
  • 8.90

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.61
  • 30.37
  • 9.01

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.43
  • 28.00
  • 20.61

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 33.34
  • 34.76
  • 29.23

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.66
  • 4.44
  • 4.46

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 20.80
  • 22.42
  • 18.23

Earnings Forecasts:

(Updated: 03-01-2026)
Description
2024
2025
2026
2027
Adj EPS
461.2
500.71
584
652.43
P/E Ratio
37.49
34.53
29.61
26.50
Revenue
145110
172159
193475
216689
EBITDA
20156.3
19905.9
23742.4
27088.6
Net Income
14500.2
15681.5
18944.2
21920
ROA
11.73
12.79
13.82
14.09
P/B Ratio
5.65
5.04
4.66
4.29
ROE
15.95
16.44
17.38
17.36
FCFF
6181.2
9224.66
13109.3
15145.1
FCFF Yield
1.2
1.79
2.54
2.93
Net Debt
-8803.5
-62841.6
-67529.9
-73650.4
BVPS
3061.04
3433.96
3713.17
4027.31

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Net Sales
42,344.20
37,449.20
13.07%
38,605.20
35,779.40
7.90%
40,920.10
38,471.20
6.37%
38,764.30
33,512.80
15.67%
Expenses
37,258.20
32,450.40
14.82%
33,982.60
30,672.80
10.79%
36,076.10
33,250.10
8.50%
33,687.80
29,072.80
15.87%
EBITDA
5,086.00
4,998.80
1.74%
4,622.60
5,106.60
-9.48%
4,844.00
5,221.10
-7.22%
5,076.50
4,440.00
14.34%
EBIDTM
12.01%
13.35%
11.97%
14.27%
11.84%
13.57%
13.10%
13.25%
Other Income
946.20
1,523.20
-37.88%
1,888.20
1,060.50
78.05%
1,511.20
1,183.60
27.68%
1,057.70
996.40
6.15%
Interest
57.20
43.00
33.02%
46.80
57.30
-18.32%
47.60
76.20
-37.53%
46.30
35.80
29.33%
Depreciation
1,703.00
1,385.70
22.90%
1,556.00
1,331.70
16.84%
1,461.80
1,298.30
12.59%
1,429.00
1,301.50
9.80%
PBT
4,272.00
5,093.30
-16.13%
4,908.00
4,778.10
2.72%
4,845.80
5,030.20
-3.67%
4,658.90
4,099.10
13.66%
Tax
990.30
2,038.10
-51.41%
1,151.10
1,076.00
6.98%
1,006.60
1,155.30
-12.87%
999.10
948.80
5.30%
PAT
3,281.70
3,055.20
7.41%
3,756.90
3,702.10
1.48%
3,839.20
3,874.90
-0.92%
3,659.80
3,150.30
16.17%
PATM
7.75%
8.16%
9.73%
10.35%
9.38%
10.07%
9.44%
9.40%
EPS
106.52
98.68
7.94%
120.62
119.58
0.87%
124.40
125.71
-1.04%
118.54
102.00
16.22%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
1,60,633.80
1,52,913.00
1,41,858.20
1,18,409.90
88,329.80
70,372.00
75,660.00
86,068.50
79,809.40
68,085.00
57,589.00
Net Sales Growth
10.62%
7.79%
19.80%
34.05%
25.52%
-6.99%
-12.09%
7.84%
17.22%
18.23%
 
Cost Of Goods Sold
1,14,046.10
1,07,490.80
99,740.90
85,486.40
66,044.00
50,824.10
53,163.30
59,558.20
54,986.10
46,742.20
38,706.00
Gross Profit
46,587.70
45,422.20
42,117.30
32,923.50
22,285.80
19,547.90
22,496.70
26,510.30
24,823.30
21,342.80
18,883.00
GP Margin
29.00%
29.70%
29.69%
27.80%
25.23%
27.78%
29.73%
30.80%
31.10%
31.35%
32.79%
Total Expenditure
1,41,004.70
1,32,756.70
1,23,331.90
1,05,315.50
82,623.60
65,020.40
68,347.40
75,065.30
67,746.00
57,726.90
48,760.50
Power & Fuel Cost
-
1,052.60
1,033.40
1,091.90
630.90
476.60
699.50
863.30
673.40
518.60
694.10
% Of Sales
-
0.69%
0.73%
0.92%
0.71%
0.68%
0.92%
1.00%
0.84%
0.76%
1.21%
Employee Cost
-
7,026.00
6,301.60
5,308.50
4,051.40
3,431.60
3,416.20
3,285.00
2,863.40
2,360.30
2,000.30
% Of Sales
-
4.59%
4.44%
4.48%
4.59%
4.88%
4.52%
3.82%
3.59%
3.47%
3.47%
Manufacturing Exp.
-
6,079.50
5,847.30
5,065.50
3,540.40
3,621.00
4,195.40
4,974.00
4,229.30
4,230.90
3,732.30
% Of Sales
-
3.98%
4.12%
4.28%
4.01%
5.15%
5.55%
5.78%
5.30%
6.21%
6.48%
General & Admin Exp.
-
176.80
144.80
145.10
1,820.90
1,355.40
1,049.20
569.40
387.70
292.40
224.59
% Of Sales
-
0.12%
0.10%
0.12%
2.06%
1.93%
1.39%
0.66%
0.49%
0.43%
0.39%
Selling & Distn. Exp.
-
6,311.50
6,238.90
5,366.10
4,292.80
3,346.80
3,589.80
3,322.60
2,600.40
1,970.90
1,819.80
% Of Sales
-
4.13%
4.40%
4.53%
4.86%
4.76%
4.74%
3.86%
3.26%
2.89%
3.16%
Miscellaneous Exp.
-
4,619.50
4,025.00
2,852.00
2,243.20
1,964.90
2,234.00
2,492.80
2,005.70
1,611.60
1,819.80
% Of Sales
-
3.02%
2.84%
2.41%
2.54%
2.79%
2.95%
2.90%
2.51%
2.37%
2.75%
EBITDA
19,629.10
20,156.30
18,526.30
13,094.40
5,706.20
5,351.60
7,312.60
11,003.20
12,063.40
10,358.10
8,828.50
EBITDA Margin
12.22%
13.18%
13.06%
11.06%
6.46%
7.60%
9.67%
12.78%
15.12%
15.21%
15.33%
Other Income
5,403.30
5,022.20
4,093.50
2,264.70
1,744.70
2,936.30
3,334.40
2,561.60
2,045.80
2,289.60
1,540.80
Interest
197.90
194.20
193.60
252.30
126.60
101.80
134.20
75.90
345.80
89.40
81.70
Depreciation
6,149.80
5,608.20
5,255.80
4,846.00
2,789.00
3,034.10
3,528.40
3,020.80
2,759.80
2,603.90
2,821.80
PBT
18,684.70
19,376.10
17,170.40
10,260.80
4,535.30
5,152.00
6,984.40
10,468.10
11,003.60
9,954.40
7,465.80
Tax
4,147.10
5,119.80
3,936.30
2,174.50
817.70
931.90
1,425.20
2,973.20
3,286.20
2,616.20
2,087.50
Tax Rate
22.20%
26.42%
22.92%
21.19%
18.03%
18.09%
20.41%
28.40%
29.86%
26.28%
27.96%
PAT
14,537.60
14,500.20
13,488.20
8,263.70
3,879.50
4,220.10
5,557.60
7,493.40
7,716.70
7,337.10
5,377.20
PAT before Minority Interest
14,537.60
14,500.20
13,488.20
8,263.70
3,879.50
4,220.10
5,559.20
7,494.90
7,717.40
7,338.20
5,378.30
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
-1.60
-1.50
-0.70
-1.10
-1.10
PAT Margin
9.05%
9.48%
9.51%
6.98%
4.39%
6.00%
7.35%
8.71%
9.67%
10.78%
9.34%
PAT Growth
5.48%
7.50%
63.22%
113.01%
-8.07%
-24.07%
-25.83%
-2.89%
5.17%
36.45%
 
EPS
462.39
461.20
429.01
262.84
123.39
134.23
176.77
238.34
245.44
233.37
171.03

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
96,239.90
85,636.00
74,600.20
55,333.50
52,500.60
49,413.00
47,092.10
42,559.40
37,075.10
30,616.00
Share Capital
157.20
157.20
157.20
151.00
151.00
151.00
151.00
151.00
151.00
151.00
Total Reserves
96,082.70
85,478.80
74,443.00
55,182.50
52,349.60
49,262.00
46,941.10
42,408.40
36,924.10
30,465.00
Non-Current Liabilities
5,160.80
3,716.30
2,739.10
2,157.40
2,661.60
2,890.10
2,698.50
2,224.40
1,633.20
1,051.00
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Unsecured Loans
0.00
0.00
0.00
0.00
2.80
5.40
8.00
10.00
0.00
0.00
Long Term Provisions
126.00
144.80
87.50
84.40
44.70
51.60
39.50
26.50
21.90
14.80
Current Liabilities
30,570.50
25,951.80
22,766.70
17,023.50
16,213.90
11,305.40
14,160.50
15,448.50
13,236.80
11,044.10
Trade Payables
20,501.50
16,988.40
13,675.50
9,765.20
10,168.10
7,498.80
9,637.70
10,499.30
8,369.20
7,408.90
Other Current Liabilities
7,230.70
6,415.40
5,634.00
4,903.80
3,959.50
2,323.40
3,074.90
3,423.40
3,130.60
2,362.80
Short Term Borrowings
0.00
33.10
1,215.80
381.90
488.80
106.30
149.60
110.80
483.60
77.40
Short Term Provisions
2,838.30
2,514.90
2,241.40
1,972.60
1,597.50
1,376.90
1,298.30
1,415.00
1,253.40
1,195.00
Total Liabilities
1,31,971.20
1,15,304.10
1,00,106.00
74,514.40
71,376.10
63,627.70
63,968.70
60,248.40
51,960.50
42,725.50
Net Block
32,982.70
27,864.80
27,941.40
13,747.20
14,988.70
15,744.40
15,437.30
13,388.80
13,310.70
12,529.60
Gross Block
71,052.30
60,787.30
56,082.80
32,547.00
31,496.40
29,768.00
26,365.10
21,458.10
18,680.20
15,342.60
Accumulated Depreciation
38,069.60
32,922.50
28,141.40
18,799.80
16,507.70
14,023.60
10,927.80
8,069.30
5,369.50
2,813.00
Non Current Assets
1,02,447.00
92,670.30
84,436.80
57,721.00
53,279.10
55,187.10
51,596.00
52,318.40
43,162.50
34,774.40
Capital Work in Progress
7,929.00
7,734.80
4,143.00
2,936.50
1,496.80
1,415.20
1,606.90
2,132.10
1,252.30
1,006.90
Non Current Investment
57,927.80
53,383.80
49,184.30
37,934.60
34,529.10
36,269.20
32,458.10
34,905.80
26,971.80
19,534.50
Long Term Loans & Adv.
2,947.10
3,033.50
2,609.60
2,758.00
1,942.90
472.10
464.10
690.30
428.70
536.40
Other Non Current Assets
660.40
653.40
558.50
344.70
321.60
1,286.20
1,629.60
1,201.40
1,199.00
1,167.00
Current Assets
29,503.90
22,613.50
15,669.20
16,793.40
18,097.00
8,440.60
12,372.70
7,930.00
8,798.00
7,951.10
Current Investments
8,337.60
3,912.20
0.00
4,100.10
8,415.70
1,218.80
5,045.50
1,217.30
2,178.80
1,141.30
Inventories
6,913.20
5,318.10
5,443.50
3,532.30
3,049.00
3,213.90
3,322.60
3,160.20
3,263.70
3,132.60
Sundry Debtors
6,539.70
4,596.80
3,284.80
2,034.50
1,279.90
1,977.70
2,312.80
1,465.40
1,202.60
1,323.40
Cash & Bank
552.90
2,827.40
2,748.50
3,042.20
3,047.10
29.00
187.80
74.00
23.50
50.70
Other Current Assets
7,160.50
394.40
329.60
249.20
2,305.30
2,001.20
1,504.00
2,013.10
2,129.40
2,303.10
Short Term Loans & Adv.
6,738.00
5,564.60
3,862.80
3,835.10
2,066.80
1,736.80
1,332.80
1,833.80
1,953.50
2,067.30
Net Current Assets
-1,066.60
-3,338.30
-7,097.50
-230.10
1,883.10
-2,864.80
-1,787.80
-7,518.50
-4,438.80
-3,093.00
Total Assets
1,31,950.90
1,15,283.80
1,00,106.00
74,514.40
71,376.10
63,627.70
63,968.70
60,248.40
51,960.50
42,725.50

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
16,136.20
16,801.10
10,814.60
1,840.50
8,856.20
3,495.80
6,600.90
11,787.90
10,282.00
8,482.50
PBT
19,620.00
17,424.50
10,438.20
4,697.20
5,321.00
7,102.80
10,623.80
11,166.90
10,127.20
7,584.70
Adjustment
701.50
1,252.00
2,738.30
1,134.70
210.00
400.60
435.70
869.20
285.90
1,350.10
Changes in Working Capital
-378.50
1,721.70
-97.20
-2,813.10
4,336.50
-2,570.10
-1,314.80
2,807.80
2,191.80
1,459.50
Cash after chg. in Working capital
19,943.00
20,398.20
13,079.30
3,018.80
9,867.50
4,933.30
9,744.70
14,843.90
12,604.90
10,394.30
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-3,806.80
-3,597.10
-2,264.70
-1,178.30
-1,011.30
-1,437.50
-3,143.80
-3,056.00
-2,322.90
-1,911.80
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-14,456.10
-11,864.80
-8,820.50
-239.20
-7,291.30
-556.60
-3,539.90
-8,301.70
-9,173.20
-7,230.40
Net Fixed Assets
-8,209.80
-6,985.40
-6,539.90
-2,489.60
-1,810.80
-3,204.90
-4,379.60
-3,638.00
-3,583.10
12,015.80
Net Investments
-5,992.60
-20,757.30
-6,993.10
1,023.40
-5,319.10
47.40
-1,224.80
-6,809.20
-8,548.80
-7,118.20
Others
-253.70
15,877.90
4,712.50
1,227.00
-161.40
2,600.90
2,064.50
2,145.50
2,958.70
-12,128.00
Cash from Financing Activity
-4,155.10
-4,062.00
-1,213.90
-1,607.00
-1,544.90
-3,104.30
-2,947.90
-3,436.10
-1,129.30
-1,236.60
Net Cash Inflow / Outflow
-2,475.00
874.30
780.20
-5.70
20.00
-165.10
113.10
50.10
-20.50
15.50
Opening Cash & Equivalents
2,659.50
1,785.20
1,005.00
40.80
20.80
185.90
72.80
22.70
43.20
27.70
Closing Cash & Equivalent
184.50
2,659.50
1,785.20
35.10
40.80
20.80
185.90
72.80
22.70
43.20

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
3061.07
2723.79
2372.78
1832.24
1738.43
1636.19
1559.34
1409.25
1227.65
1013.77
ROA
11.73%
12.52%
9.46%
5.32%
6.25%
8.71%
12.07%
13.76%
15.50%
13.93%
ROE
15.95%
16.84%
12.72%
7.20%
8.28%
11.52%
16.72%
19.38%
21.68%
19.58%
ROCE
21.78%
21.82%
16.26%
8.87%
10.25%
14.71%
23.45%
28.29%
29.37%
27.04%
Fixed Asset Turnover
2.42
2.52
2.77
2.86
2.41
2.70
3.60
4.09
4.54
3.08
Receivable days
12.74
9.78
7.92
6.61
8.05
10.35
8.01
5.93
5.96
6.92
Inventory Days
13.99
13.35
13.37
13.12
15.47
15.77
13.75
14.29
15.10
16.48
Payable days
63.65
56.11
50.04
55.08
63.44
45.30
49.19
50.59
48.95
47.41
Cash Conversion Cycle
-36.93
-32.98
-28.76
-35.36
-39.92
-19.19
-27.43
-30.37
-27.88
-24.02
Total Debt/Equity
0.00
0.00
0.02
0.01
0.01
0.00
0.00
0.00
0.01
0.01
Interest Cover
102.03
91.00
42.37
38.10
51.61
53.04
138.92
32.82
112.35
92.38

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Maruti Suzuki India produces over 22.55 lakh units in 2025
    5th Jan 2026, 16:14 PM

    This is the second consecutive year that the company has exceeded 20 lakh units in annual production

    Read More
  • Maruti Suzuki India's total vehicle production rises 34.4% in December
    2nd Jan 2026, 15:41 PM

    The company has produced 12,678 units of Eeco in December against 12,788 units in same period last year, a marginal fall of 0.86%

    Read More
  • Maruti Suzuki India reports 22% rise in total sales in December 2025
    1st Jan 2026, 16:14 PM

    The company’s exports in December 2025 stood at 25,739 units as compared to 37,419 units in December 2024, a registering a de-growth of 31.21%

    Read More
  • Maruti Suzuki India signs MoU with Kerala Grameena Bank
    31st Dec 2025, 12:50 PM

    The strategic partnership will also offer greater customer benefits and competitive financing offers

    Read More
  • Maruti Suzuki India crosses 35 lakh units in cumulative production of WagonR
    19th Dec 2025, 12:39 PM

    This milestone marks the extraordinary journey of trust and emotional connect of the brand with millions of customers across India

    Read More
  • Maruti Suzuki India launches WagonR with option of swivel seat
    17th Dec 2025, 14:30 PM

    Swivel seat is specially designed to offer greater convenience to senior citizens and persons with disabilities, bringing the ‘Joy of Mobility’ to them

    Read More
  • Maruti Suzuki India aims to set up charging infrastructure across country
    3rd Dec 2025, 10:50 AM

    The company is collaborating with 13 leading Charge Point Operators and aggregators to further offer access to a vast charging infrastructure across the country

    Read More
  • Maruti Suzuki India reports 26% rise in total sales in November 2025
    1st Dec 2025, 17:53 PM

    Total domestic passenger vehicle sales were at 170,971 units in November 2025

    Read More
  • Maruti Suzuki acquires around 8% stake in Ravity Software Solutions
    21st Nov 2025, 15:10 PM

    The company has invested around Rs 2 crore in the startup for 7.84 per cent stake through Maruti Suzuki Innovation Fund

    Read More
  • Maruti Suzuki India inaugurates 1,500th parts and accessories distributor touchpoint
    21st Nov 2025, 12:39 PM

    The Parts and Accessories Distributor network is spread across around 760 cities nationwide

    Read More
  • Maruti Suzuki India recalls 39,506 units of Grand Vitara
    17th Nov 2025, 10:30 AM

    The company is recalling the affected lot of the model manufactured from December 9, 2024 to April 29, 2025

    Read More
  • Maruti Suzuki crosses 3 crore cumulative sales mark in domestic market
    6th Nov 2025, 10:12 AM

    The company currently offers over 170 variants across 19 models

    Read More
  • Maruti Suzuki India reports 7% rise in total sales in October 2025
    3rd Nov 2025, 12:00 PM

    Total domestic passenger vehicle sales were at 1,76,318 units in October 2025

    Read More
  • Maruti Suzuki India reports 8% rise in Q2 consolidated net profit
    1st Nov 2025, 12:02 PM

    The consolidated total income of the company increased by 11.08% at Rs 43,290.40 crore for Q2FY26

    Read More
  • Maruti Suzuki - Quarterly Results
    1st Nov 2025, 00:00 AM

    Read More
  • Maruti Suzuki crosses exports of 1 lakh units of Jimny 5-door
    24th Oct 2025, 11:44 AM

    Export of the Jimny 5-door had started in 2023, shortly after its India debut, to more than 100 countries, including Japan, Mexico and Australia

    Read More
  • Maruti Suzuki India signs MoA to set up 10 ADTTs in Tamil Nadu
    15th Oct 2025, 11:02 AM

    These ADTTs will be located at Marthandam, Tirunelveli, Coimbatore (Central), Madurai (North), Tuticorin, Krishnagiri, Dindigul, Tiruvannamalai, Sivagangai, and Trichy (West) in Tamil Nadu

    Read More
  • Maruti Suzuki India to add 500 service workshops in current fiscal
    9th Oct 2025, 10:30 AM

    The company sells its product range in the country through Arena and Nexa sales networks

    Read More
  • Maruti Suzuki India's production rises 26% in September
    6th Oct 2025, 12:20 PM

    Production of Super Carry LCV grew to 3,599 units in September against 3,034 units in the same period last year

    Read More
  • Maruti Suzuki India reports 3% rise in total sales in September 2025
    3rd Oct 2025, 12:21 PM

    The company’s exports in September 2025 stood at 42,204 units as compared to 27,728 units in September 2024, a registering a growth of 52.21%

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.