Maruti Suzuki India Ltd (MARUTI)
₹13,442.00
Mkt cap
₹4.23L Cr
P/E ratio
28.80
P/B
3.94
Div yield
1.04%
ROE
14.40%
ROCE
19.00%
EPS (TTM)
₹466.74
Book value
₹3,408
52W range
12,302–17,292
Sector
Consumer Discretionary
The Company was established in 1981. A joint venture agreement was signed between the Government of India and Suzuki Motor Corporation (SMC), Japan in 1982. The Company became a subsidiary of SMC in 2002.It is the market leader in passenger vehicle segment in India. In terms of production volume and sales, the Company is now SMC’s largest subsidiary. SMC currently holds 56.28% of its equity stake. The principal activities of the Company are manufacturing, purchase and sale of motor vehicles, components and spare parts.
Health check
Cautious
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−22.26% from high₹13,442
₹12,302+9.27% from low₹17,292
Current
₹13,442.00
Prev close
₹13,450.00
Day
−0.06%
Price performance
1D
−0.06%
1W
−0.53%
1M
−2.20%
3M
+3.02%
6M
−15.35%
1Y
+7.74%
YTD
−20.74%
Financials
FRevenue, profit & margin
P/E ratio
28.8×
MARUTI is 1% below the sector median of 29.0×
MARUTI28.8×
Sector median29.0×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 32,214 | 32,535 | 37,339 | 33,513 | 38,471 | 35,779 | 37,449 | 38,764 | 40,920 | 38,605 | 42,344 | 49,904 | 52,462 | |
| Expenses | 28,320 | 29,015 | 32,028 | 29,073 | 33,250 | 30,673 | 32,450 | 33,688 | 36,076 | 33,983 | 37,258 | 44,331 | 46,304 | |
| Operating Profit | 3,894 | 3,520 | 5,312 | 4,440 | 5,221 | 5,107 | 4,999 | 5,076 | 4,844 | 4,623 | 5,086 | 5,573 | 6,158 | |
| OPM % | 12% | 11% | 14% | 13% | 14% | 14% | 13% | 13% | 12% | 12% | 12% | 11% | 12% | |
| Other Income | 850 | 1,110 | 958 | 1,053 | 1,261 | 1,118 | 1,570 | 1,125 | 1,583 | 1,924 | 1,014 | 1,140 | 581 | |
| Interest | 164 | 46 | 35 | 36 | 76 | 57 | 43 | 46 | 48 | 47 | 57 | 62 | 73 | |
| Depreciation | 1,240 | 1,314 | 1,342 | 1,302 | 1,298 | 1,332 | 1,386 | 1,429 | 1,462 | 1,556 | 1,703 | 1,735 | 1,748 | |
| Profit before tax | 3,341 | 3,269 | 4,892 | 4,156 | 5,108 | 4,836 | 5,141 | 4,726 | 4,918 | 4,944 | 4,339 | 4,917 | 4,918 | |
| Tax % | 20% | 22% | 23% | 23% | 23% | 22% | 40% | 21% | 20% | 23% | 23% | 21% | 26% | |
| Net Profit | 2,688 | 2,543 | 3,786 | 3,207 | 3,952 | 3,760 | 3,102 | 3,727 | 3,911 | 3,792 | 3,349 | 3,879 | 3,659 | |
| EPS in Rs | 88.97 | 84.18 | 125.34 | 102.00 | 125.71 | 119.58 | 98.68 | 118.54 | 124.40 | 120.62 | 106.52 | 123.38 | 116.38 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
31 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.54% · closed higher next day 28 of last 58
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 31 Jul '23◦ | 28 Oct '23◦ | 31 Jan '24◦ | 27 Apr '24◦ | 1 Aug '24 | 29 Oct '24◦ | 29 Jan '25◦ | 28 Apr '25 | 31 Jul '25 | 31 Oct '25 | 28 Jan '26 | 28 Apr '26 |
| Earnings day | −1.06% | −1.54% | +4.43% | −0.11% | +1.85% | +1.91% | +0.18% | +1.27% | −0.08% | −0.12% | −2.41% | −2.50% |
| +1 day | −1.70% | −1.59% | +4.60% | +0.90% | −2.97% | +0.28% | +2.78% | +1.22% | −2.50% | −3.42% | −4.87% | +0.26% |
| +5 days | −2.83% | −2.61% | +5.47% | −2.67% | −6.84% | +2.30% | +9.26% | +7.55% | +0.11% | −3.84% | −1.14% | +3.78% |
| +15 days | −2.24% | −0.24% | +14.44% | −1.81% | −6.20% | −0.19% | +5.91% | +8.04% | +13.72% | −1.53% | −0.53% | −1.66% |
| +30 days | +6.65% | −1.71% | +12.66% | +1.26% | −6.10% | +2.09% | −3.87% | +7.03% | +20.98% | +1.29% | −14.65% | −0.94% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 140 Per Share | 140.00 | 7 Aug '26 | 7 Aug '26 |
Shareholding
Sas of Jun 202658.65%Promoter
Promoters58.65%0.12
FIIs12.82%1.30
DIIs25.09%1.00
Public3.35%0.17
Government0.08%
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Maruti Suzuki | ₹13,442.00 | 28.80 | 4,22,839 | 1.04% | 3,659 | −6.45% | 52,463 | +28.21% | 19.02% |
| M & M | ₹3,161.40 | 22.74 | 3,93,251 | 1.04% | 5,260 | +48.85% | 54,982 | +29.07% | 15.10% |
| Hyundai Motor I | ₹1,952.60 | 29.22 | 1,58,714 | 1.08% | 1,256 | −22.22% | 18,916 | +5.44% | 38.42% |
| Tata Motors PVeh | ₹323.80 | 1.38 | 1,19,260 | 0.93% | 5,878 | −24.63% | 1,05,447 | +7.19% | 2.73% |
| Force Motors | ₹17,620.00 | 21.96 | 23,205 | 0.23% | 279 | +56.59% | 2,550 | +8.23% | 36.08% |
| Olectra Greentec | ₹1,336.30 | 61.77 | 10,964 | 0.03% | 57 | +164.38% | 645 | +43.62% | 21.05% |
| Mercury EV-Tech | ₹35.11 | 160.65 | 672 | 0.00% | 0 | −80.65% | 20 | −34.13% | 2.64% |
| Median: 8 Co. | ₹1,644.45 | 29.01 | 71,233 | 0.58% | 767 | +21.20% | 10,733 | +8.23% | 19.65% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts65
TranscriptApr 2026PPTApr 2026RECApr 2026PPTMar 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptOct 2024PPTOct 2024RECOct 2024TranscriptJul 2024PPTJul 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Press Release / Media Release 4m - Maruti Suzuki Launches New Brezza Turbo Boosterjet with Powerpacked PerformanceAdvance Intimation Regarding Price Increase 21 Jul - Maruti Suzuki will raise model prices by up to Rs. 30,000August 2026.Board Meeting Intimation for Considering The Unaudited Financial Results For The Quarter Ended On 30Th June 2026 15 Jul - Board meeting on 31 July 2026 to approve Q1 FY2027 unaudited financial results.Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Jul - Copy of notice published in newspaperAnnouncement under Regulation 30 (LODR)-Press Release / Media Release 14 Jul - Maruti Suzuki opens bookings for New Brezza on 14 July 2026; booking amount INR 11,000.