Nifty
:
23719.30
Sensex
:
75415.35
64.60 (0.27%)
231.99 (0.31%)
Nifty
Sensex
:
:
23719.30
75415.35
64.60 (0.27%)
231.99 (0.31%)

Maruti Suzuki India Ltd.

Automobiles - Passenger Cars

Rating :
60/99

BSE: 532500 | NSE: MARUTI

NSE BSE
12987.00
22-May-2026
  • Open
  • High
  • Low
  • Previous Close
  •  13100
  •  13152
  •  12974
  •  13010.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  387975
  •  5059971729
  •  17370
  •  12016

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 4,08,328.77
  • 27.82
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 4,06,748.77
  • 1.08%
  • 3.81

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 58.53%
  • 0.22%
  • 2.68%
  • FII
  • DII
  • Others
  • 14.12%
  • 22.09%
  • 2.36%

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
  • 32.20
  • 33.38
  • 28.34

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.52
  • 4.43
  • 4.45

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 20.63
  • 21.83
  • 17.69

Earnings Forecasts:

(Updated: 23-05-2026)
Description
2024
2025
2026
2027
Adj EPS
512.65
556.02
616.64
683.48
P/E Ratio
25.33
23.36
21.06
19.00
Revenue
178743
204652
229647
253083
EBITDA
21394.5
23988.6
28478.8
31161.1
Net Income
15663.9
17247.2
19876.9
22400
ROA
12.49
12
12.8
11.19
P/B Ratio
3.77
3.55
3.29
2.82
ROE
15.64
14.78
15.47
16.01
FCFF
9626.32
9598.11
11940.3
17403.4
FCFF Yield
2.46
2.45
3.05
4.44
Net Debt
-65890.3
-62952.8
-66358.3
-109311
BVPS
3447.25
3660.69
3951.37
4598.99

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Net Sales
52,462.50
40,920.10
28.21%
49,904.10
38,764.30
28.74%
42,344.20
37,449.20
13.07%
38,605.20
35,779.40
7.90%
Expenses
46,304.20
36,076.10
28.35%
44,331.00
33,687.80
31.59%
37,258.20
32,450.40
14.82%
33,982.60
30,672.80
10.79%
EBITDA
6,158.30
4,844.00
27.13%
5,573.10
5,076.50
9.78%
5,086.00
4,998.80
1.74%
4,622.60
5,106.60
-9.48%
EBIDTM
11.74%
11.84%
11.17%
13.10%
12.01%
13.35%
11.97%
14.27%
Other Income
483.90
1,511.20
-67.98%
1,055.10
1,057.70
-0.25%
946.20
1,523.20
-37.88%
1,888.20
1,060.50
78.05%
Interest
73.00
47.60
53.36%
61.70
46.30
33.26%
57.20
43.00
33.02%
46.80
57.30
-18.32%
Depreciation
1,748.10
1,461.80
19.59%
1,734.60
1,429.00
21.39%
1,703.00
1,385.70
22.90%
1,556.00
1,331.70
16.84%
PBT
4,821.10
4,845.80
-0.51%
4,831.90
4,658.90
3.71%
4,272.00
5,093.30
-16.13%
4,908.00
4,778.10
2.72%
Tax
1,259.40
1,006.60
25.11%
1,038.20
999.10
3.91%
990.30
2,038.10
-51.41%
1,151.10
1,076.00
6.98%
PAT
3,561.70
3,839.20
-7.23%
3,793.70
3,659.80
3.66%
3,281.70
3,055.20
7.41%
3,756.90
3,702.10
1.48%
PATM
6.79%
9.38%
7.60%
9.44%
7.75%
8.16%
9.73%
10.35%
EPS
116.38
124.40
-6.45%
123.38
118.54
4.08%
106.52
98.68
7.94%
120.62
119.58
0.87%

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
1,83,316.00
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
19.88%
7.79%
19.80%
34.05%
25.52%
-6.99%
-12.09%
7.84%
17.22%
18.23%
 
Cost Of Goods Sold
1,32,575.50
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
50,740.50
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
27.68%
29.70%
29.69%
27.80%
25.23%
27.78%
29.73%
30.80%
31.10%
31.35%
32.79%
Total Expenditure
1,61,876.00
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
21,440.00
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
11.70%
13.18%
13.06%
11.06%
6.46%
7.60%
9.67%
12.78%
15.12%
15.21%
15.43%
Other Income
4,373.40
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
238.70
194.20
193.60
252.30
126.60
101.80
134.20
75.90
345.80
89.40
81.70
Depreciation
6,741.70
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
18,833.00
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
4,439.00
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
23.57%
26.42%
22.92%
21.19%
18.03%
18.09%
20.41%
28.40%
29.86%
26.28%
27.96%
PAT
14,394.00
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
14,394.00
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
7.85%
9.48%
9.51%
6.98%
4.39%
6.24%
7.50%
8.89%
9.87%
11.03%
9.54%
PAT Growth
0.97%
7.50%
63.22%
113.01%
-11.61%
-22.67%
-25.80%
-2.93%
4.93%
36.64%
 
EPS
457.82
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 to hike prices across models from June
    22nd May 2026, 10:00 AM

    The exact quantum of change will vary from model to model

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  • Maruti Suzuki starts commercial production at 2nd plant of Kharkhoda manufacturing facility
    18th May 2026, 11:17 AM

    This second plant has an annual production capacity of 2.5 lakh units, taking the total capacity at Kharkhoda to 5 lakh units

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  • Maruti Suzuki selects 6 startups to co-create AI-based, technology-led solutions
    13th May 2026, 10:58 AM

    These six startups have received paid PoCs from Maruti Suzuki India

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  • Maruti Suzuki - Quarterly Results
    29th Apr 2026, 00:00 AM

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  • Maruti Suzuki India’s consolidated net profit falls 6% in Q4FY26
    28th Apr 2026, 16:42 PM

    Consolidated total income of the company increased by 24.78% at Rs 52,946.40 crore for Q4FY26

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  • Maruti Suzuki India reports 11.66% growth in FY26 production volume
    24th Apr 2026, 09:19 AM

    The company has reported its highest-ever annual production volume of 23.47 lakh units in FY26

    Read More
  • 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

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  • 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

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  • 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

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  • 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

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  • 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

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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.