Maruti Suzuki India Ltd (MARUTI)
₹11,397.00
Mkt cap
₹3.58L Cr
P/E ratio
26.60
P/B
3.29
Div yield
1.23%
ROE
14.30%
ROCE
18.90%
EPS (TTM)
₹428.46
Book value
₹3,467
52W range
10,985–17,370
Sector
Consumer Discretionary
Price history
Previous close
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.
NSE MARUTIBSE 532500
Health check
Mixed
ValuationCheap
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−34.39% from high₹11,397
₹10,985+3.75% from low₹17,370
Current
₹11,397.00
Prev close
₹11,426.00
Day
−0.25%
Price performance
1D
−0.25%
1W
+1.49%
1M
−4.04%
3M
−19.67%
6M
−14.03%
1Y
−30.48%
YTD
−32.80%
Financials
Revenue, profit & margin
P/E ratio
26.6×
MARUTI is 32% below the sector median of 39.0×
MARUTI26.6×
Sector median39.0×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37,339 | 33,513 | 38,471 | 35,779 | 37,449 | 38,764 | 40,920 | 38,605 | 42,344 | 49,904 | 52,462 | 52,470 | 53,356 | |
| Expenses | 32,028 | 29,073 | 33,250 | 30,673 | 32,450 | 33,688 | 36,076 | 33,983 | 37,258 | 44,331 | 46,304 | 48,156 | 48,591 | |
| Operating Profit | 5,312 | 4,440 | 5,221 | 5,107 | 4,999 | 5,076 | 4,844 | 4,623 | 5,086 | 5,573 | 6,158 | 4,313 | 4,764 | |
| OPM % | 14% | 13% | 14% | 14% | 13% | 13% | 12% | 12% | 12% | 11% | 12% | 8% | 9% | |
| Other Income | 958 | 1,053 | 1,261 | 1,118 | 1,570 | 1,125 | 1,583 | 1,924 | 1,014 | 1,140 | 581 | 1,972 | 483 | |
| Interest | 35 | 36 | 76 | 57 | 43 | 46 | 48 | 47 | 57 | 62 | 73 | 64 | 68 | |
| Depreciation | 1,342 | 1,302 | 1,298 | 1,332 | 1,386 | 1,429 | 1,462 | 1,556 | 1,703 | 1,735 | 1,748 | 1,780 | 1,960 | |
| Profit before tax | 4,892 | 4,156 | 5,108 | 4,836 | 5,141 | 4,726 | 4,918 | 4,944 | 4,339 | 4,917 | 4,918 | 4,441 | 3,219 | |
| Tax % | 23% | 23% | 23% | 22% | 40% | 21% | 20% | 23% | 23% | 21% | 26% | 22% | 23% | |
| Net Profit | 3,786 | 3,207 | 3,952 | 3,760 | 3,102 | 3,727 | 3,911 | 3,792 | 3,349 | 3,879 | 3,659 | 3,447 | 2,466 | |
| EPS in Rs | 125.34 | 102.00 | 125.71 | 119.58 | 98.68 | 118.54 | 124.40 | 120.62 | 106.52 | 123.38 | 116.38 | 109.63 | 78.44 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.30% · closed higher next day 30 of last 61
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 31 Jan '24◦ | 27 Apr '24◦ | 1 Aug '24 | 29 Oct '24◦ | 29 Jan '25◦ | 25 Apr '25 | 31 Jul '25 | 31 Oct '25 | 28 Jan '26 | 28 Apr '26 | 31 Jul '26◦ | 27 Oct '26 |
| Earnings day | +4.43% | −0.11% | +1.85% | +1.91% | +0.18% | +1.27% | −0.08% | −0.12% | −2.41% | −2.50% | −0.59% | +2.05% |
| +1 day | +4.60% | +0.90% | −2.97% | +0.28% | +2.78% | +1.22% | −2.50% | −3.42% | −4.87% | +0.26% | −0.46% | +3.20% |
| +5 days | +5.47% | −2.67% | −6.84% | +2.30% | +9.26% | +7.55% | +0.11% | −3.84% | −1.14% | +3.78% | −0.96% | — |
| +15 days | +14.44% | −1.81% | −6.20% | −0.19% | +5.91% | +8.04% | +13.72% | −1.53% | −0.53% | −1.66% | −4.31% | — |
| +30 days | +12.66% | +1.26% | −6.10% | +2.09% | −3.87% | +7.03% | +20.98% | +1.29% | −14.65% | −0.94% | −14.07% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 140 Per Share | 140.00 | 7 Aug '26 | 7 Aug '26 |
Shareholding
as of Sep 202658.72%Promoter
Promoters58.72%0.07
FIIs12.42%0.40
DIIs25.30%0.21
Public3.45%0.10
Government0.10%0.02
Ownership trend
Peers
7 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 | ₹11,397.00 | 26.64 | 3,58,325 | 1.23% | 2,466 | −26.36% | 53,356 | +26.00% | 18.87% |
| M & M | ₹2,840.30 | 18.42 | 3,53,199 | 1.16% | 5,998 | +33.80% | 58,188 | +27.80% | 15.10% |
| Hyundai Motor I | ₹1,911.00 | 33.94 | 1,55,277 | 1.10% | 1,196 | −23.92% | 20,696 | +18.53% | 38.40% |
| Tata Motors PVeh | ₹265.40 | 98.10 | 97,747 | 1.13% | 859 | −69.83% | 95,799 | +9.26% | 2.73% |
| Force Motors | ₹17,355.00 | 21.92 | 22,867 | 0.29% | 294 | −16.19% | 2,925 | +40.51% | 36.05% |
| Olectra Greentec | ₹951.10 | 44.00 | 7,807 | 0.06% | 27 | −0.31% | 576 | +65.75% | 21.05% |
| Mercury EV-Tech | ₹31.69 | 136.82 | 602 | 0.00% | 2 | −9.30% | 30 | −11.53% | 2.52% |
| Median: 8 Co. | ₹1,431.05 | 38.97 | 60,307 | 0.70% | 576 | −20.05% | 11,810 | +26.00% | 17.77% |
Filings
Annual reports15
Concall transcripts68
RECOct 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026PPTMar 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptJan 2025PPTJan 2025RECJan 2025TranscriptOct 2024PPTOct 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Press Release / Media Release 29 Oct - Maruti Suzuki crosses 50,000 EV exports; Hansalpur capacity reaches 1 million vehicles annually.Announcement under Regulation 30 (LODR)-Newspaper Publication 28 OctAudio Recording 27 Oct - Audio recording of 27 October 2026 investor call on Q2 FY2027 results uploaded.Announcement under Regulation 30 (LODR)-Investor Presentation 27 Oct - Investor Presentation on the financial results for the quarter ended on 30th September 2026Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 Oct - Maruti Suzuki approved Q2/H1 FY27 results, posted record sales, and plans Osamu Suzuki Centre of Excellence.