Nifty
:
23997.35
Sensex
:
77562.90
873.70 (3.78%)
2946.32 (3.95%)
Nifty
Sensex
:
:
23997.35
77562.90
873.70 (3.78%)
2946.32 (3.95%)

Maruti Suzuki India Ltd.

Automobiles - Passenger Cars

Rating :
62/99

BSE: 532500 | NSE: MARUTI

NSE BSE
13602.00
08-Apr-2026
  • Open
  • High
  • Low
  • Previous Close
  •  13350
  •  13745
  •  13210
  •  12798.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1026292
  •  13984274915
  •  17370
  •  11289

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 4,27,667.67
  • 26.95
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 4,26,999.17
  • 0.99%
  • 3.89

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 58.28%
  • 0.25%
  • 2.52%
  • FII
  • DII
  • Others
  • 15.76%
  • 21.23%
  • 1.96%

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
  • 8.53
  • 30.37
  • 9.01

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.19
  • 27.00
  • 20.61

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 32.66
  • 33.79
  • 28.81

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.57
  • 4.43
  • 4.47

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 20.69
  • 22.01
  • 17.88

Earnings Forecasts:

(Updated: 04-04-2026)
Description
2024
2025
2026
2027
Adj EPS
461.2
512.11
594.78
711.42
P/E Ratio
29.49
26.56
22.87
19.12
Revenue
145110
177596
200416
226590
EBITDA
20156.3
21201.5
24525.3
28581
Net Income
14500.2
15782
18572
20999.8
ROA
11.73
12.39
12.92
13.29
P/B Ratio
4.44
3.95
3.64
3.35
ROE
15.95
15.65
16.16
16.37
FCFF
6181.2
9839.3
13572.6
16578
FCFF Yield
1.63
2.6
3.59
4.38
Net Debt
-8803.5
-65890.3
-73836.4
-83253.4
BVPS
3061.04
3447.25
3737.79
4059.02

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
49,904.10
38,764.30
28.74%
42,344.20
37,449.20
13.07%
38,605.20
35,779.40
7.90%
40,920.10
38,471.20
6.37%
Expenses
44,331.00
33,687.80
31.59%
37,258.20
32,450.40
14.82%
33,982.60
30,672.80
10.79%
36,076.10
33,250.10
8.50%
EBITDA
5,573.10
5,076.50
9.78%
5,086.00
4,998.80
1.74%
4,622.60
5,106.60
-9.48%
4,844.00
5,221.10
-7.22%
EBIDTM
11.17%
13.10%
12.01%
13.35%
11.97%
14.27%
11.84%
13.57%
Other Income
1,055.10
1,057.70
-0.25%
946.20
1,523.20
-37.88%
1,888.20
1,060.50
78.05%
1,511.20
1,183.60
27.68%
Interest
61.70
46.30
33.26%
57.20
43.00
33.02%
46.80
57.30
-18.32%
47.60
76.20
-37.53%
Depreciation
1,734.60
1,429.00
21.39%
1,703.00
1,385.70
22.90%
1,556.00
1,331.70
16.84%
1,461.80
1,298.30
12.59%
PBT
4,831.90
4,658.90
3.71%
4,272.00
5,093.30
-16.13%
4,908.00
4,778.10
2.72%
4,845.80
5,030.20
-3.67%
Tax
1,038.20
999.10
3.91%
990.30
2,038.10
-51.41%
1,151.10
1,076.00
6.98%
1,006.60
1,155.30
-12.87%
PAT
3,793.70
3,659.80
3.66%
3,281.70
3,055.20
7.41%
3,756.90
3,702.10
1.48%
3,839.20
3,874.90
-0.92%
PATM
7.60%
9.44%
7.75%
8.16%
9.73%
10.35%
9.38%
10.07%
EPS
123.38
118.54
4.08%
106.52
98.68
7.94%
120.62
119.58
0.87%
124.40
125.71
-1.04%

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
1,71,773.60
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
14.16%
7.79%
19.80%
34.05%
25.52%
-6.99%
-12.09%
7.84%
17.22%
18.23%
 
Cost Of Goods Sold
1,23,008.30
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
48,765.30
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
28.39%
29.70%
29.69%
27.80%
25.23%
27.78%
29.73%
30.80%
31.10%
31.35%
32.79%
Total Expenditure
1,51,647.90
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
48,700.30
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
3,672.10
% Of Sales
-
3.98%
4.12%
4.28%
4.01%
5.15%
5.55%
5.78%
5.30%
6.21%
6.38%
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
20,125.70
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
8,888.70
EBITDA Margin
11.72%
13.18%
13.06%
11.06%
6.46%
7.60%
9.67%
12.78%
15.12%
15.21%
15.43%
Other Income
5,400.70
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
1,480.60
Interest
213.30
194.20
193.60
252.30
126.60
101.80
134.20
75.90
345.80
89.40
81.70
Depreciation
6,455.40
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
18,857.70
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
4,186.20
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
14,671.50
14,500.20
13,488.20
8,263.70
3,879.50
4,389.10
5,676.00
7,649.10
7,880.00
7,509.90
5,496.10
PAT before Minority Interest
14,671.50
14,500.20
13,488.20
8,263.70
3,879.50
4,389.10
5,677.60
7,650.60
7,880.70
7,511.00
5,497.20
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
8.54%
9.48%
9.51%
6.98%
4.39%
6.24%
7.50%
8.89%
9.87%
11.03%
9.54%
PAT Growth
2.66%
7.50%
63.22%
113.01%
-11.61%
-22.67%
-25.80%
-2.93%
4.93%
36.64%
 
EPS
466.65
461.20
429.01
262.84
123.39
139.60
180.53
243.29
250.64
238.86
174.81

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
31,516.10
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
16,527.40
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
1,930.10
1,436.40
1,191.00
1,318.80
1,210.90
1,338.70
Other Non Current Assets
660.40
653.40
558.50
344.70
334.40
321.90
902.70
572.90
416.80
364.70
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
-2,471.00
-1,829.40
-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
1,208.40
-142.80
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 adds 502 new service touchpoints in FY26
    6th Apr 2026, 14:10 PM

    This marks the highest-ever network expansion in a single financial year by the Company

    Read More
  • Maruti Suzuki India’s exports surge over 34% in FY 2025-26
    2nd Apr 2026, 10:27 AM

    FY 2025-26 marked the commencement of export of the Company’s first Battery Electric Vehicle, the e VITARA

    Read More
  • Maruti Suzuki India reports 17% rise in total sales in March
    1st Apr 2026, 17:59 PM

    Total domestic vehicle sales grew 11.37% to 1,78,211 units in March 2026 compared to 1,60,016 units in the same month last year

    Read More
  • Maruti Suzuki introduces ‘Quickstop’ service format
    31st Mar 2026, 13:00 PM

    The company has established 10 Quickstop facilities across Delhi-NCR, Chennai, Hyderabad, Bengaluru, Kolkata, Bagdogra, Calicut and Surat

    Read More
  • Maruti Suzuki India sells over 3 million units of Dzire
    16th Mar 2026, 14:59 PM

    The Dzire’s sleek and sophisticated authentic sedan design language finds strong customer acceptance, making it India’s highest-selling sedan

    Read More
  • Maruti Suzuki India reports 12% rise in total sales in February
    2nd Mar 2026, 12:12 PM

    Total domestic vehicle sales grew marginally at 1,74,840 units in February 2026 compared to 1,74,379 units in the same month last year

    Read More
  • Maruti Suzuki’s Gujarat in-plant railway siding becomes world’s first modal shift project
    25th Feb 2026, 17:41 PM

    The project is expected to achieve around 1.7 lakh carbon credits over a 10-year crediting period from FY 2023-24 to FY 2032-33

    Read More
  • Maruti Suzuki India commences sales of e VITARA BEV
    17th Feb 2026, 17:38 PM

    Bookings for the e VITARA are now open at NEXA showrooms or on the NEXA website with an initial payment of Rs 21,000

    Read More
  • Maruti Suzuki reports 9% growth in total vehicle production in January
    3rd Feb 2026, 14:19 PM

    Production of the Eeco rose 7.31% to 13,177 units in January 2026, up from 12,279 units a year earlier

    Read More
  • Maruti Suzuki India reports 12% rise in total sales in January 2026
    2nd Feb 2026, 10:11 AM

    Total domestic vehicle sales grew marginally at 1,85,943 units in January 2026

    Read More
  • Maruti Suzuki - Quarterly Results
    29th Jan 2026, 00:00 AM

    Read More
  • Maruti Suzuki reports 4% rise in Q3 consolidated net profit
    28th Jan 2026, 15:51 PM

    Consolidated total income increased by 27.97% at Rs 50,959.20 crore for Q3FY26

    Read More
  • Maruti Suzuki India starts exports of premium Victoris SUV
    16th Jan 2026, 16:42 PM

    The SUV, which embodies the brand’s ‘Got It All’ philosophy, will be globally sold as ‘Across’

    Read More
  • Maruti Suzuki India signs MoU with Indian Oil Corporation
    12th Jan 2026, 15:08 PM

    MoU aims to establish vehicle service facilities at several IOCL fuel retail outlets across the country

    Read More
  • Maruti Suzuki gets nod to acquire land for capacity expansion at Khoraj Industrial Estate
    12th Jan 2026, 10:50 AM

    The cost of land acquisition, development and preparatory activities approved by the Board is Rs 4960 crore

    Read More
  • 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

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.