Nifty
:
24894.25
Sensex
:
81207.17
57.95 (0.23%)
223.86 (0.28%)
Nifty
Sensex
:
:
24894.25
81207.17
57.95 (0.23%)
223.86 (0.28%)

Maruti Suzuki India Ltd.

Automobiles - Passenger Cars

Rating :
69/99

BSE: 532500 | NSE: MARUTI

NSE BSE
15806.00
03-Oct-2025
  • Open
  • High
  • Low
  • Previous Close
  •  15949
  •  16025
  •  15736
  •  15965.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  470216
  •  7440301086
  •  16435
  •  10725

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 4,96,927.42
  • 34.19
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 4,96,374.52
  • 0.85%
  • 4.97

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 58.28%
  • 0.24%
  • 2.55%
  • FII
  • DII
  • Others
  • 15.2%
  • 22.25%
  • 1.48%

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
  • 33.01
  • 35.36
  • 29.23

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.72
  • 4.40
  • 4.42

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 20.82
  • 22.74
  • 18.86

Earnings Forecasts:

(Updated: 27-09-2025)
Description
2024
2025
2026
2027
Adj EPS
461.2
507.37
578.04
642.01
P/E Ratio
34.27
31.15
27.34
24.62
Revenue
145110
165980
188224
211697
EBITDA
20156.3
19449.4
24032.2
28755.3
Net Income
14500.2
15754.2
17965.7
19719.9
ROA
11.73
12.52
13
12.55
P/B Ratio
5.16
4.72
4.20
3.75
ROE
15.95
15.35
15.65
16.7
FCFF
6181.2
8975.5
12542.6
13666.6
FCFF Yield
1.23
1.79
2.5
2.72
Net Debt
-8803.5
-74899.6
-84086.7
-92869.2
BVPS
3061.04
3347.97
3760.29
4216.66

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
38,605.20
35,779.40
7.90%
40,920.10
38,471.20
6.37%
38,764.30
33,512.80
15.67%
37,449.20
37,339.40
0.29%
Expenses
33,982.60
30,672.80
10.79%
36,076.10
33,250.10
8.50%
33,687.80
29,072.80
15.87%
32,450.40
32,027.90
1.32%
EBITDA
4,622.60
5,106.60
-9.48%
4,844.00
5,221.10
-7.22%
5,076.50
4,440.00
14.34%
4,998.80
5,311.50
-5.89%
EBIDTM
11.97%
14.27%
11.84%
13.57%
13.10%
13.25%
13.35%
14.22%
Other Income
1,888.20
1,060.50
78.05%
1,511.20
1,183.60
27.68%
1,057.70
996.40
6.15%
1,523.20
899.80
69.28%
Interest
46.80
57.30
-18.32%
47.60
76.20
-37.53%
46.30
35.80
29.33%
43.00
35.10
22.51%
Depreciation
1,556.00
1,331.70
16.84%
1,461.80
1,298.30
12.59%
1,429.00
1,301.50
9.80%
1,385.70
1,341.90
3.26%
PBT
4,908.00
4,778.10
2.72%
4,845.80
5,030.20
-3.67%
4,658.90
4,099.10
13.66%
5,093.30
4,834.30
5.36%
Tax
1,151.10
1,076.00
6.98%
1,006.60
1,155.30
-12.87%
999.10
948.80
5.30%
2,038.10
1,106.10
84.26%
PAT
3,756.90
3,702.10
1.48%
3,839.20
3,874.90
-0.92%
3,659.80
3,150.30
16.17%
3,055.20
3,728.20
-18.05%
PATM
9.73%
10.35%
9.38%
10.07%
9.44%
9.40%
8.16%
9.98%
EPS
120.62
119.58
0.87%
124.40
125.71
-1.04%
118.54
102.00
16.22%
98.68
120.43
-18.06%

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
1,55,738.80
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
7.33%
7.79%
19.80%
34.05%
25.52%
-6.99%
-12.09%
7.84%
17.22%
18.23%
 
Cost Of Goods Sold
1,10,090.50
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
45,648.30
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
29.31%
29.70%
29.69%
27.80%
25.23%
27.78%
29.73%
30.80%
31.10%
31.35%
32.79%
Total Expenditure
1,36,196.90
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
19,541.90
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
12.55%
13.18%
13.06%
11.06%
6.46%
7.60%
9.67%
12.78%
15.12%
15.21%
15.33%
Other Income
5,980.30
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
183.70
194.20
193.60
252.30
126.60
101.80
134.20
75.90
345.80
89.40
81.70
Depreciation
5,832.50
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
19,506.00
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
5,194.90
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
26.63%
26.42%
22.92%
21.19%
18.03%
18.09%
20.41%
28.40%
29.86%
26.28%
27.96%
PAT
14,311.10
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
14,311.10
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
9.19%
9.48%
9.51%
6.98%
4.39%
6.00%
7.35%
8.71%
9.67%
10.78%
9.34%
PAT Growth
-1.00%
7.50%
63.22%
113.01%
-8.07%
-24.07%
-25.83%
-2.89%
5.17%
36.45%
 
EPS
455.19
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 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
  • Maruti Suzuki secures 5-star safety rating in Bharat NCAP for INVICTO
    26th Sep 2025, 18:19 PM

    INVICTO has secured the highest 5-star safety rating in the Bharat New Car Assessment Program

    Read More
  • Maruti Suzuki to reduce vehicle prices from September 22
    18th Sep 2025, 16:30 PM

    Price of premium hatchback Swift is reduced by up to Rs 84,600

    Read More
  • Maruti Suzuki India to commence production of FFV models in FY26
    10th Sep 2025, 14:42 PM

    The company is building Compressed Bio-Gas plants and adjusting its CNG vehicles to carbon-neutral fuels

    Read More
  • Maruti Suzuki launches new SUV ‘VICTORIS’
    3rd Sep 2025, 15:52 PM

    The sophisticated interiors of the VICTORIS feature a suite of intelligent technologies, developed for a connected and immersive experience

    Read More
  • Maruti Suzuki India commences export of e VITARA
    2nd Sep 2025, 11:39 AM

    The company plans to export the model to over 100 countries and will be sold in the domestic market as well.

    Read More
  • Maruti Suzuki India reports marginal fall in total sales in August 2025
    1st Sep 2025, 16:16 PM

    Its total domestic passenger vehicle sales were at 131,278 units compared to 143,075 units in the same month last year, down 8.25%

    Read More
  • Maruti Suzuki India starts production of e VITARA
    26th Aug 2025, 16:13 PM

    Maruti Suzuki’s e VITARA is slated to be the largest mass-produced and exported electric vehicle from India

    Read More
  • Maruti Suzuki India inks initial pact with PNB
    14th Aug 2025, 15:39 PM

    The company has inked an initial pact with PNB to offer enhanced inventory funding solutions for its dealer network across the country

    Read More
  • Maruti Suzuki India unveils Grand Vitara PHANTOM BLAQ Edition
    11th Aug 2025, 09:50 AM

    The Grand Vitara PHANTOM BLAQ Edition builds on the model’s established credentials of exceptional performance and premium styling

    Read More
  • Maruti Suzuki India reports marginal rise in Q1 consolidated net profit
    31st Jul 2025, 17:19 PM

    The total consolidated income of the company increased by 9.92% at Rs 40,493.40 crore for Q1FY26

    Read More
  • Maruti Suzuki - Quarterly Results
    31st Jul 2025, 14:58 PM

    Read More
  • Maruti Suzuki India, DPIIT collaborate to strengthen India’s startup ecosystem
    24th Jul 2025, 18:01 PM

    Startups recognized by DPIIT under the Startup India initiative will have the opportunity to participate in company’s innovation programs

    Read More
  • Maruti Suzuki India aims to set up around 500 additional service touchpoints in FY26
    22nd Jul 2025, 11:41 AM

    The company’s network has a capability to service 30 million customer vehicles in a year

    Read More
  • Maruti Suzuki India increases prices of Ertiga, Baleno
    17th Jul 2025, 10:43 AM

    The price increase came into effect from July 16, 2025

    Read More
  • Maruti Suzuki India reports 6% fall in total sales in June 2025
    2nd Jul 2025, 10:23 AM

    Its exports in June 2025 stood at 37,842 units compared to 31,033 units in June 2024

    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.