Maruti Suzuki India

NSE: MARUTIBSE: 532500
Compare with peers
₹ 11,579.00▲ 129 (+1.13%)28 Oct, 03:28 pm IST
Market cap
₹ 3,53,984 Cr.
P/E
27.1x
P/B
3.28x
52-week range
10,985 – 17,370
ROE
14%
ROCE
19%
Dividend yield
1.3%
Debt / equity
0
Sector
Automobiles
Industry
Passenger Cars & Utility Vehicles
Listed on
NSE, BSE

About

Maruti Suzuki India Limited is engaged in the manufacturing, purchasing and sale of motor vehicles, components, and spare parts. The other activities of the Company comprise facilitation of pre-owned car sales, fleet management. and car financing. The Company is focused on the business of manufacturing and sale of passenger and commercial vehicles. The Company's vehicles are offered through three channels: NEXA, Arena, and Commercial. It also sells aftermarket parts and accessories under the brand name of Maruti Suzuki Genuine Parts, and Maruti Suzuki Genuine Accessories. Its portfolio of Nexa products includes XL6, e VITARA, Ciaz, Baleno, Brezza, Ignis, Grand Vitara, FRONX, Jimny, and Invicto. Its portfolio of Arena products includes Alto K10, Brezza, Celerio, WagonR, Swift, Dzire, S-Presso, Eeco, Dezire, and Ertiga. Its portfolio of Commercial products includes Super Carry and Eeco Cargo. Its service offerings include Maruti Suzuki Smart Finance, Maruti Suzuki Leasing, and more.

Quick check

The five things to look at first. Open one for more.

Maruti Suzuki India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)27.1 against a typical 28.9: cheaper than most peers (1st = cheapest).4th of 8
  • Sales growth+35.9% against a typical +27.8% from a year earlier.3rd of 7
  • Profit growth−9.1% against a typical −2.6% from a year earlier.5th of 8
  • Share price, 3 months−17% against a typical −11.5%.6th of 8
  • Size₹ 3,53,984.3 Cr. market value against a typical ₹ 21,362.2 Cr. (1st = largest).1st of 5

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Outcome of Board MeetingHigh impactNegativePrice +2.1% that day
    Q2 revenue jumped 26% YoY but profit fell 26% on surging costs and margin squeeze.

    Maruti Suzuki reported Q2 FY27 standalone revenue of Rs 53,340 crore, up 26% from last year, and H1 revenue of Rs 1,05,796 crore, up 31%. But Q2 net profit fell 27% to Rs 2,415 crore and H1 profit fell 18% to Rs 5,767 crore as material costs surged 48%. The company remains debt-free with net cash and continues heavy capex, but near-term earnings momentum has weakened despite strong volumes.

    Filing
  • 24 Oct 2026Press ReleaseLow impactPositivePrice −0.1% on 26 Oct
    Maruti launched the VICTORIS AURUM special edition to extend its record-selling SUV's festive momentum.

    Maruti Suzuki launched the VICTORIS AURUM Edition Strong Hybrid on October 24, 2026 to mark one year of the SUV, with a kit price of Rs 22,990 for copper and chrome styling and accessories. The company said VICTORIS set the record for highest first-year sales for a new model and was the fastest to cross 1 lakh and 1.5 lakh sales, winning ICOTY 2026. The limited edition with Shahid Kapoor as face aims to boost festive demand for the hybrid variant.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Highest safety

Rated AAA by CRISIL
AAA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AAAStable19 Nov 2025
Credit rating actions
RatingDetails
19 Nov 2025
Reaffirmed
Crisil AAA—CRISIL₹ 10,000 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
27 Oct 2026Financial ResultsTo consider and approve the financial results for the period ended September 30, 2026
31 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
28 Apr 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
28 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
31 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
31 Jul 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025

Share price

1Y change −29.34%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales37,33933,51338,47135,77937,44938,76440,92038,60542,34449,90452,46252,470
Expenses32,02829,07333,25030,67332,45033,68836,07633,98337,25844,33146,30448,156
Operating Profit5,3124,4405,2215,1074,9995,0764,8444,6235,0865,5736,1584,313
OPM %14%13%14%14%13%13%12%12%12%11%12%8%
Other Income9581,0531,2611,1181,5701,1251,5831,9241,0141,1405811,972
Interest353676574346484757627364
Depreciation1,3421,3021,2981,3321,3861,4291,4621,5561,7031,7351,7481,780
Profit before tax4,8924,1565,1084,8365,1414,7264,9184,9444,3394,9174,9184,441
Tax %23%23%23%22%40%21%20%23%23%21%26%22%
Net Profit3,7863,2073,9523,7603,1023,7273,9113,7923,3493,8793,6593,447
EPS in Rs125.34102125.71119.5898.68118.54124.4120.62106.52123.38116.38109.63

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
12%
5 Years
21%
3 Years
16%
TTM
27%
Compounded Profit Growth
10 Years
12%
5 Years
27%
3 Years
29%
TTM
−1%
Stock Price CAGR
10 Years
11%
5 Years
15%
3 Years
13%
TTM
—
Return on Equity
10 Years
13%
5 Years
14%
3 Years
16%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
58.65%
+0.37 pts in a year
FIIs
12.82%
−2.38 pts in a year
DIIs
25.09%
+1.84 pts in a year
Government
0.08%
0 pts in a year
Public
3.35%
+0.17 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 27.1xEPS (12 months) ₹ 427.83Median P/E 29.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Maruti Suzuki India₹ 11,579.00₹ 3,53,984 Cr.27.1x3.3x14%—
Eicher Motors₹ 7,050.00₹ 1,93,538 Cr.37.4x8.3x23.8%23.6%
Hyundai Motor India₹ 1,850.00₹ 1,50,320 Cr.29.8x8.1x29.9%7.7%
Tata Motors₹ 398.00₹ 1,46,575 Cr.38.6x12x—3.6%
Ashok Leyland₹ 145.95₹ 85,729 Cr.19.7x6.4x26.2%6.6%
Force Motors₹ 16,391.00₹ 21,362 Cr.23.1x5.7x33.5%13.4%

Management

Hisashi Takeuchi
Chief Executive Officer, Managing Director, Executive Director
Arnab Roy
Chief Financial Officer
Sanjeev Grover
Compliance Officer, Executive Officer, Company Secretary
Sunil Kumar Kakkar
Whole-Time Director, Director - Corporate Planning
Kenichiro Toyofuku
Whole-Time Director, Director - Sustainability
Kazunari Yamaguchi
Whole-Time Director, Director - Production

Prices are delayed and for information only. Nothing on this page is investment advice.