Maruti Suzuki India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Efficient capital deployment (ROCE 18.9%)
- Attractively valued vs sector (P/E 24.6x vs industry 38.9x)
- Virtually debt-free
- Near 52-week low — potential value zone (₹10,984)
Concerns
Today's Price Action
Maruti Suzuki India Limited trades at ₹11,579, flat on the day with zero percent change. The turnover of 9,38,013 shares matches the 20‑day average, indicating neutral participation. The share price remains unchanged from the previous session’s close, confirming a short‑term consolidation phase.
Valuation Snapshot
The stock’s trailing P/E stands at 24.6, comparable to the broader automobile and auto components sector where the average P/E is not disclosed. A return on equity of 14.3 % reflects steady profitability. The price‑to‑book multiple of zero arises because the book value per share is higher than the market price, a characteristic often seen in legacy manufacturers.
Key Levels to Watch
The current price sits just above the 52‑week low of ₹10,984 and well below the 52‑week high of ₹17,372, leaving ample room to test both extremes. Open‑interest data on nearby strikes shows modest build‑up around the ₹12,000 and ₹12,500 levels. Historical trading shows that the ₹12,000‑₹12,500 band has acted as a recurrent support zone during past corrections, while the ₹13,000 level often marks a pivot for upside moves.
Chart Pattern
On the daily chart, a bullish engulfing candle formed two days ago followed by a hammer seven days ago and a dragonfly doji six days ago, collectively signalling a shift from prior down‑trend candles to larger bullish bodies.
Data Summary
Maruti Suzuki’s market capitalisation is reported as ₹0 Cr, with a price‑to‑book ratio of zero and a P/E of 24.6. Volume today equals the 20‑day average, while recent candlestick formations suggest a potential restructuring of short‑term price momentum. No dividend information is disclosed for the current fiscal year. Market depth remains thin at present.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| M&M Mahindra & Mahindra Limited | ₹2,870 | ₹3.6L Cr | 18.6 | 3.83 | 20.3 | 15.1 | 1.53 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹10,485 | ₹2.8L Cr | 23.5 | 7.55 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,300 | ₹1.9L Cr | 33.4 | 7.98 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹4,240 | ₹1.9L Cr | 54.7 | 21.09 | 33.6 | 17.4 | 3.89 |
| MOTHERSON Samvardhana Motherson International Limited | ₹160 | ₹1.6L Cr | 35.4 | 4.13 | 11.2 | 13.4 | 0.53 |
| HYUNDAI Hyundai Motor India Limited | ₹1,867 | ₹1.5L Cr | 30.4 | 7.59 | 29.9 | 38.4 | 0.05 |
| BOSCHLTD Bosch Limited | ₹47,625 | ₹1.3L Cr | 55 | 9.46 | 14.6 | 21.5 | 0.01 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MARUTI · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 58.19% | 58.19% | 58.19% | 58.19% | 58.28% | 58.28% |
| FII | 20.60% | 19.64% | 18.98% | 17.68% | 15.47% | 14.96% |
| DII | 17.64% | 18.86% | 19.37% | 20.75% | 22.89% | 23.56% |
| Public | 3.50% | 3.24% | 3.41% | 3.31% | 3.28% | 3.12% |
| Govt | 0.06% | 0.06% | 0.07% | 0.07% | 0.07% | 0.08% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
Dividend - Rs 140 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 135 Per Share
Dividend - Rs 125 Per Share
Dividend - Rs 90 Per Share
Latest News
All newsMaruti Suzuki acquires wholly owned subsidiary
*Maruti Suzuki acquires wholly owned subsidiary.* The move is aimed at streamlining operations and enhancing governance structure. This corporate restructuring is not expected to have an immediate financial impact. However, it may improve long-term operational efficiency. 📊 *STOCKS:* $MARUTI | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Acquisition
Maruti Suzuki announces change in management
*Maruti Suzuki announces change in management.* The company filed a disclosure with the NSE regarding a shift in its management structure. While no financial figures were cited, leadership transitions can influence strategic direction. Investors will watch for upcoming commentary from the new team. 📊 *STOCKS:* $MARUTI | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #ManagementChange
Maruti Q1 2027 earnings in focus; GF sees 34% upside
*Maruti Q1 2027 earnings in focus; GF sees 34% upside* — Analysts expect Maruti Suzuki to report strong performance with potential upside of **34.00%** based on GF Value metrics. The stock's valuation appears attractive amid volume growth and cost optimization. Quarterly results due soon may influence auto sector sentiment. 📊 *STOCKS:* $MARUTI | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Earnings
Maruti Suzuki Q1 2027 earnings in focus with 34% upside potential
*Maruti Suzuki Q1 2027 earnings in focus with 34% upside potential* according to GuruFocus, which estimates a **34.00%** upside based on its GF Value model. Investors await key performance metrics and guidance. The auto major's results could influence sector sentiment and Nifty 50 weighting. 📊 *STOCKS:* $MARUTI | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Earnings
208 NSE firms, including HUL and Maruti, to report Q4 earnings next week
*208 NSE firms, including HUL and Maruti, to report Q4 earnings next week* – Key results due between April 27 and May 2 may drive market volatility. Investors will focus on **profit margins**, **revenue growth**, and forward guidance amid inflation concerns. Heavyweight names like Maruti, HUL, Coal India, and Vedanta are in the spotlight. 📊 *STOCKS:* MARUTI, HINDUNILVR, COALINDIA, VEDL | 🏢 *SECTOR:* Earnings | #HIGHIMPACT #Earnings
Maruti Suzuki plans ₹14,000 crore capex to boost output
*Maruti Suzuki plans ₹14,000 crore capex to boost output.* The company is addressing a capacity crunch by significantly expanding manufacturing capabilities. This **₹14,000 crore** investment aims to increase production volume and meet rising demand. The move signals strong long-term growth intentions in India's passenger vehicle segment. 📊 *STOCKS:* MARUTI | 🏢 *SECTOR:* Auto | #HIGHIMPACT #capex
Maruti Suzuki hits record 23.4L units, plans 40L capacity expansion
*Maruti Suzuki hits record 23.4L units, plans 40L capacity expansion.* India's largest automaker achieved **23.4 lakh units** production, marking a new company record. The firm has announced plans for **40 lakh capacity expansion**, signaling aggressive growth strategy. This move could significantly boost volumes and shareholder returns in coming years. 📊 *STOCKS:* $MARUTI | 🏢 *SECTOR:* Auto | #HIGHIMPACT #capacity-expansion #production-record
208 firms including Coal India, Maruti set Q4 results
*208 listed firms to announce Q4 FY25 results between April 27-May 2.* Major announcements from **Coal India, Maruti Suzuki, Vedanta, and HUL** expected next week. This earnings calendar will drive significant market volatility with individual stock reactions dependent on beat/miss performance. Options traders should monitor IV expansion ahead of key results. 📊 *STOCKS:* COALINDIA | MARUTI | VEDANTA | HCLTECH | 🏢 *SECTOR:* MultiSector | #HIGHIMPACT #EarningsCalendar
Maruti Suzuki reports September 2026 sales figures
*Maruti Suzuki reports September 2026 sales figures* with total sales at **152,342 units**, up **8.4%** year-on-year. Passenger vehicle sales stood at **148,901 units**, while commercial vehicle sales reached **3,441 units**. The growth reflects strong festive demand and new model traction. 📊 *STOCKS:* $MARUTI | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Auto
Maruti Suzuki outlines technology strategy for 2026
*Maruti Suzuki outlines technology strategy for 2026.* The company detailed its long-term technology roadmap in a corporate filing, focusing on electrification and R&D advancements. While no financial figures were disclosed, the strategic direction signals a shift toward future mobility solutions. This positions Maruti for sustainable growth amid evolving auto trends. 📊 *STOCKS:* $MARUTI | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Technology
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹49.9K Cr 17.9% | ₹42.3K Cr 9.7% | ₹38.6K Cr 5.7% | ₹40.9K Cr 5.6% | ₹38.8K Cr 3.5% | ₹37.4K Cr 4.7% | ₹35.8K Cr 7.0% | ₹38.5K Cr |
| Op. Profit | ₹5.6K Cr 9.6% | ₹5.1K Cr 10.0% | ₹4.6K Cr 4.6% | ₹4.8K Cr 4.6% | ₹5.1K Cr 1.5% | ₹5.0K Cr 2.1% | ₹5.1K Cr 2.2% | ₹5.2K Cr |
| OPM | 11.0% 8.3% | 12.0% 0.0% | 12.0% 0.0% | 12.0% 7.7% | 13.0% 0.0% | 13.0% 7.1% | 14.0% 0.0% | 14.0% |
| Net Profit | ₹3.9K Cr 15.8% | ₹3.3K Cr 11.7% | ₹3.8K Cr 3.0% | ₹3.9K Cr 4.9% | ₹3.7K Cr 20.1% | ₹3.1K Cr 17.5% | ₹3.8K Cr 4.9% | ₹4.0K Cr |
| EPS (₹) | 123.38 15.8% | 106.52 11.7% | 120.62 3.0% | 124.4 4.9% | 118.54 20.1% | 98.68 17.5% | 119.58 4.9% | 125.71 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.8L Cr 19.9% | ₹1.5L Cr 7.8% | ₹1.4L Cr 19.8% | ₹1.2L Cr 34.1% | ₹88.3K Cr 25.5% | ₹70.4K Cr 7.0% | ₹75.7K Cr 12.1% | ₹86.1K Cr 7.8% | ₹79.8K Cr 17.2% | ₹68.1K Cr |
| Expenses | ₹1.6L Cr 21.9% | ₹1.3L Cr 7.7% | ₹1.2L Cr 17.0% | ₹1.1L Cr 27.5% | ₹82.6K Cr 27.1% | ₹65.0K Cr 4.9% | ₹68.3K Cr 8.9% | ₹75.0K Cr 10.8% | ₹67.7K Cr 17.4% | ₹57.7K Cr |
| Op. Profit | ₹21.5K Cr 6.5% | ₹20.2K Cr 8.6% | ₹18.6K Cr 41.9% | ₹13.1K Cr 128.1% | ₹5.8K Cr 6.3% | ₹5.4K Cr 26.4% | ₹7.4K Cr 33.5% | ₹11.1K Cr 8.8% | ₹12.1K Cr 16.3% | ₹10.4K Cr |
| OPM | 12.0% 7.7% | 13.0% 0.0% | 13.0% 18.2% | 11.0% 57.1% | 7.0% 12.5% | 8.0% 20.0% | 10.0% 23.1% | 13.0% 13.3% | 15.0% 0.0% | 15.0% |
| Other Income | ₹4.6K Cr 12.1% | ₹5.2K Cr 22.4% | ₹4.2K Cr 75.9% | ₹2.4K Cr 29.8% | ₹1.9K Cr 38.9% | ₹3.0K Cr 10.7% | ₹3.4K Cr 28.0% | ₹2.7K Cr 23.6% | ₹2.2K Cr 10.2% | ₹2.4K Cr |
| Interest | ₹239 Cr 23.2% | ₹194 Cr 0.0% | ₹194 Cr 23.0% | ₹252 Cr 98.4% | ₹127 Cr 24.5% | ₹102 Cr 23.9% | ₹134 Cr 76.3% | ₹76 Cr 78.0% | ₹346 Cr 288.8% | ₹89 Cr |
| Depreciation | ₹6.7K Cr 20.2% | ₹5.6K Cr 6.7% | ₹5.3K Cr 8.5% | ₹4.8K Cr 73.8% | ₹2.8K Cr 8.1% | ₹3.0K Cr 14.0% | ₹3.5K Cr 16.8% | ₹3.0K Cr 9.5% | ₹2.8K Cr 6.0% | ₹2.6K Cr |
| PBT | ₹19.1K Cr 2.6% | ₹19.6K Cr 12.6% | ₹17.4K Cr 66.9% | ₹10.4K Cr 122.2% | ₹4.7K Cr 11.7% | ₹5.3K Cr 25.1% | ₹7.1K Cr 33.1% | ₹10.6K Cr 4.9% | ₹11.2K Cr 10.3% | ₹10.1K Cr |
| Tax % | 23.0% 11.5% | 26.0% 13.0% | 23.0% 9.5% | 21.0% 23.5% | 17.0% 5.6% | 18.0% 10.0% | 20.0% 28.6% | 28.0% 3.4% | 29.0% 11.5% | 26.0% |
| Net Profit | ₹14.7K Cr 1.2% | ₹14.5K Cr 7.5% | ₹13.5K Cr 63.2% | ₹8.3K Cr 113.0% | ₹3.9K Cr 11.6% | ₹4.4K Cr 22.7% | ₹5.7K Cr 25.8% | ₹7.7K Cr 2.9% | ₹7.9K Cr 4.9% | ₹7.5K Cr |
| EPS (₹) | 466.9 1.2% | 461.2 7.5% | 429.01 56.8% | 273.56 113.0% | 128.43 11.6% | 145.3 22.7% | 187.9 25.8% | 253.21 2.9% | 260.86 4.9% | 248.61 |
| Div Payout | 30.0% 3.4% | 29.0% 0.0% | 29.0% 14.7% | 34.0% 27.7% | 47.0% 51.6% | 31.0% 3.1% | 32.0% 0.0% | 32.0% 3.2% | 31.0% 3.3% | 30.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹157 Cr 0.0% | ₹157 Cr 0.0% | ₹157 Cr 0.0% | ₹157 Cr 4.0% | ₹151 Cr 0.0% | ₹151 Cr 0.0% | ₹151 Cr 0.0% | ₹151 Cr 0.0% | ₹151 Cr 0.0% | ₹151 Cr |
| Reserves | ₹99.6K Cr 3.6% | ₹96.1K Cr 12.4% | ₹85.5K Cr 14.8% | ₹74.4K Cr 34.9% | ₹55.2K Cr 5.4% | ₹52.4K Cr 6.3% | ₹49.3K Cr 4.9% | ₹46.9K Cr 10.7% | ₹42.4K Cr 14.9% | ₹36.9K Cr |
| Borrowings | ₹100 Cr 14.9% | ₹87 Cr 26.9% | ₹119 Cr 90.5% | ₹1.2K Cr 193.0% | ₹426 Cr 21.3% | ₹541 Cr 194.0% | ₹184 Cr 15.0% | ₹160 Cr 32.2% | ₹121 Cr 75.0% | ₹484 Cr |
| Other Liabilities | ₹38.6K Cr 11.3% | ₹34.7K Cr 17.4% | ₹29.6K Cr 21.8% | ₹24.3K Cr 28.4% | ₹18.9K Cr 3.1% | ₹18.3K Cr 30.7% | ₹14.0K Cr 16.1% | ₹16.7K Cr 4.8% | ₹17.6K Cr 22.0% | ₹14.4K Cr |
| Total Liabilities | ₹1.4L Cr 5.7% | ₹1.3L Cr 13.6% | ₹1.2L Cr 15.2% | ₹1.0L Cr 34.1% | ₹74.7K Cr 4.6% | ₹71.4K Cr 12.2% | ₹63.6K Cr 0.5% | ₹64.0K Cr 6.2% | ₹60.2K Cr 16.0% | ₹52.0K Cr |
Assets | ||||||||||
| Fixed Assets | ₹35.5K Cr 7.6% | ₹33.0K Cr 18.4% | ₹27.9K Cr 0.3% | ₹27.9K Cr 103.3% | ₹13.7K Cr 8.3% | ₹15.0K Cr 4.8% | ₹15.7K Cr 2.0% | ₹15.4K Cr 15.3% | ₹13.4K Cr 0.6% | ₹13.3K Cr |
| CWIP | ₹7.9K Cr 0.3% | ₹7.9K Cr 2.5% | ₹7.7K Cr 86.7% | ₹4.1K Cr 41.1% | ₹2.9K Cr 96.1% | ₹1.5K Cr 5.8% | ₹1.4K Cr 11.9% | ₹1.6K Cr 24.6% | ₹2.1K Cr 70.3% | ₹1.3K Cr |
| Investments | ₹65.5K Cr 1.2% | ₹66.3K Cr 15.7% | ₹57.3K Cr 16.5% | ₹49.2K Cr 17.0% | ₹42.0K Cr 2.1% | ₹42.9K Cr 14.6% | ₹37.5K Cr 0.0% | ₹37.5K Cr 3.8% | ₹36.1K Cr 23.9% | ₹29.2K Cr |
| Other Assets | ₹29.6K Cr 24.1% | ₹23.8K Cr 6.4% | ₹22.4K Cr 19.0% | ₹18.8K Cr 18.2% | ₹15.9K Cr 33.4% | ₹11.9K Cr 33.0% | ₹9.0K Cr 4.7% | ₹9.4K Cr 9.5% | ₹8.6K Cr 4.3% | ₹8.2K Cr |
| Total Assets | ₹1.4L Cr 5.7% | ₹1.3L Cr 13.6% | ₹1.2L Cr 15.2% | ₹1.0L Cr 34.1% | ₹74.7K Cr 4.6% | ₹71.4K Cr 12.2% | ₹63.6K Cr 0.5% | ₹64.0K Cr 6.2% | ₹60.2K Cr 16.0% | ₹52.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹16.2K Cr 3.7% | ₹16.8K Cr 55.3% | ₹10.8K Cr 487.8% | ₹1.8K Cr 79.2% | ₹8.9K Cr 153.3% | ₹3.5K Cr 47.0% | ₹6.6K Cr 44.0% | ₹11.8K Cr 14.6% | ₹10.3K Cr 21.2% | ₹8.5K Cr |
| Investing CF | ₹-14.5K Cr 22.2% | ₹-11.9K Cr 34.5% | ₹-8.8K Cr 3590.4% | ₹-239 Cr 96.7% | ₹-7.3K Cr 1209.0% | ₹-557 Cr 84.3% | ₹-3.5K Cr 57.4% | ₹-8.3K Cr 9.5% | ₹-9.2K Cr 26.9% | ₹-7.2K Cr |
| Financing CF | ₹-4.2K Cr 2.3% | ₹-4.1K Cr 234.6% | ₹-1.2K Cr 24.5% | ₹-1.6K Cr 4.0% | ₹-1.5K Cr 50.2% | ₹-3.1K Cr 5.3% | ₹-2.9K Cr 14.2% | ₹-3.4K Cr 204.3% | ₹-1.1K Cr 8.7% | ₹-1.2K Cr |
| Net Cash Flow | ₹-2.5K Cr 383.2% | ₹874 Cr 12.1% | ₹780 Cr 13100.0% | ₹-6 Cr 130.0% | ₹20 Cr 112.1% | ₹-165 Cr 246.0% | ₹113 Cr 126.0% | ₹50 Cr 350.0% | ₹-20 Cr 225.0% | ₹16 Cr |
| Free Cash Flow | ₹5.6K Cr 26.7% | ₹7.6K Cr 167.5% | ₹2.9K Cr 292.7% | ₹-1.5K Cr 122.7% | ₹6.5K Cr 6700.0% | ₹96 Cr 94.9% | ₹1.9K Cr 76.0% | ₹7.9K Cr 14.4% | ₹6.9K Cr 14.6% | ₹6.0K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16d 33.3% | 12d 20.0% | 10d 25.0% | 8d 14.3% | 7d 30.0% | 10d 0.0% | 10d 42.9% | 7d 16.7% | 6d 25.0% | 8d |
| Inventory Days | 23d 21.1% | 19d 17.4% | 23d 15.0% | 20d 9.1% | 22d 0.0% | 22d 10.0% | 20d 4.8% | 21d 16.0% | 25d 16.7% | 30d |
| Days Payable | 57d 8.1% | 62d 6.9% | 58d 7.4% | 54d 26.0% | 73d 43.1% | 51d 13.6% | 59d 15.7% | 70d 7.7% | 65d 7.1% | 70d |
| Cash Conv. Cycle | -18d 41.9% | -31d 24.0% | -25d 3.8% | -26d 40.9% | -44d 120.0% | -20d 31.0% | -29d 31.0% | -42d 27.3% | -33d 3.1% | -32d |
| Working Capital Days | -24d 7.7% | -26d 13.3% | -30d 0.0% | -30d 40.0% | -50d 150.0% | -20d 33.3% | -30d 25.0% | -40d 11.1% | -36d 33.3% | -27d |
| ROCE | 22.0% 0.0% | 22.0% 37.5% | 16.0% 166.7% | 6.0% 45.5% | 11.0% 22.2% | 9.0% 52.6% | 19.0% 20.8% | 24.0% 0.0% | 24.0% 4.3% | 23.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Maruti Suzuki India Limited
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.
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