Nifty
:
26068.15
Sensex
:
85231.92
-124.00 (-0.47%)
-400.76 (-0.47%)
Nifty
Sensex
:
:
26068.15
85231.92
-124.00 (-0.47%)
-400.76 (-0.47%)

Maruti Suzuki India Ltd.

Automobiles - Passenger Cars

Rating :
69/99

BSE: 532500 | NSE: MARUTI

NSE BSE
15977.00
21-Nov-2025
  • Open
  • High
  • Low
  • Previous Close
  •  15790
  •  16150
  •  15737
  •  15801.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  586351
  •  9374265295
  •  16660
  •  10725

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 5,02,423.17
  • 33.99
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 5,01,754.67
  • 0.84%
  • 5.04

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
  • 33.32
  • 35.08
  • 29.23

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.69
  • 4.43
  • 4.44

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 20.82
  • 22.59
  • 18.44

Earnings Forecasts:

(Updated: 22-11-2025)
Description
2024
2025
2026
2027
Adj EPS
461.2
500.71
584
652.43
P/E Ratio
34.64
31.91
27.36
24.49
Revenue
145110
172159
193475
216689
EBITDA
20156.3
19905.9
23742.4
27088.6
Net Income
14500.2
15900.3
18928.9
21779.9
ROA
11.73
13.29
13.63
13.88
P/B Ratio
5.22
4.65
4.30
3.97
ROE
15.95
16.05
16.91
17.16
FCFF
6181.2
9230.26
13119.5
15154.8
FCFF Yield
1.27
1.9
2.69
3.11
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 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
  • 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

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.