Maruti Suzuki India Limited, Fundamental analysis

Maruti Suzuki India Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Automobile
Variance Full Year Net Profit Variance	2
Equity Latest Equity	157.2
Face Value Latest Face Value	5
Reserves Total Reserve	106999.1
Dividend Full Year Dividend %	2800
Sales Turnover Full Year Net Sales	180350.1
Net Profit Full Year Net Profit	14679.5
Full Year CPS Full Year Cash Per Share	681.3
Earning Per Share Full Year Earning Per Share	466.9
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	51567.5
Previous EPS Previous earnings per share	0
Book Value Book value	3408.3
Networth Full Year Return on Networth	15.95
Price/Book Value Price to Book value	4.046592
Yearly PE ratio Full Year Price to Earning per share	29.5
Yearly PC ratio Full Year Price to Cash Per Share	20.2
Bse value BSE Value in lakhs	7817.01
Nse value NSE Value in lakhs	49126.61
High 52 week high	17372
Low 52 week low	12202
Price NSE Current market price	13783
CPM Current market price	13792

Market cap BSE / NSE Market Cap	433619.31
Net profit Latest Quarter Net Profit	3659
Net profit variance Latest Quarter Net Profit variance	-6
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	138001.8
TTM OP Trailing Twelve 12 month Operating Profit	19766.5
TTM OPM Trailing Twelve 12 month Operating Profit Margin	14.32
TTM GP Trailing Twelve 12 month Gross Profit	25860.2
TTM GPM Trailing Twelve 12 month Gross Profit Margin	14.34
TTM NP Trailing Twelve 12 month Net Profit	14021.3
TTM NPV Trailing Twelve 12 month Net Profit Variane	1.58
TTM EPS Trailing Twelve 12 month EPS	466.9
TTM PE Trailing Twelve 12 month PE	29.54
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	5317.2
Equity Latest Equity	157.2
LTP Latest Price (BSE/NSE)	13792
Gross block Latest Gross Block	71052.3
Loans Total loans	87
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	11.9
Year GPM Full Year Gross Profit Margin	14.3
Quarter OPM Latest quater Operation Profit Margin	11.9

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	33,876	35,587	36,805	40,320	36,624	40,139	49,144	51,568
YOY Sales Growth %	10%	0%	16%	10%	8%	13%	34%	28%
Gross Sales	33,876	35,587	36,805	40,320	36,624	40,139	49,144	51,568
Other Operating Income	1,903	1,863	1,959	600	1,981	2,206	761	895
+ Expenses	28,770	30,588	31,729	35,476	32,002	35,053	43,570	45,409
Material Cost %	63%	62%	58%	59%	61%	67%	57%	71%
Raw Material Cost	20,247	21,773	21,965	23,333	21,937	25,324	29,234	35,169
Change in Inventory	1,090	193	-633	577	279	1,547	-1,181	1,627
Manufacturing Cost %	12%	12%	12%	13%	12%	12%	11%	11%
Employee Cost %	5%	5%	5%	4%	6%	5%	5%	4%
Other Cost %	4%	8%	11%	11%	9%	3%	15%	2%
Raw Materials %	60%	61%	60%	58%	60%	63%	59%	68%
Purchase of Finished Goods %	17%	14%	13%	15%	16%	17%	12%	10%
Stock Adjustments %	-3%	-1%	2%	-1%	-1%	-4%	2%	-3%
Other Manufacturing Expenses %	12%	12%	12%	13%	12%	12%	11%	11%
Operating Profit	5,107	4,999	5,077	4,844	4,623	5,086	5,573	6,158
OPM %	15%	14%	14%	12%	13%	13%	11%	12%
+ Other Income	1,118	1,571	1,125	1,583	1,924	1,014	1,141	581
Miscellaneous Income	1,118	1,571	1,125	1,583	1,924	1,014	1,141	581
Interest	57	43	46	48	47	57	62	73
Depreciation	1,332	1,386	1,429	1,462	1,556	1,703	1,735	1,748
Profit before tax	4,836	5,141	4,726	4,918	4,944	4,339	4,917	4,918
+ Tax %	22%	40%	21%	20%	23%	23%	21%	26%
Current Tax	972	1,020	1,019	871	1,036	973	899	1,412
Deferred Tax	104	1,018	-20	136	115	18	140	-153
+ Net Profit	3,760	3,103	3,727	3,911	3,792	3,349	3,879	3,659
Net Profit After Minority Interest	3,760	3,103	3,727	3,911	3,792	3,349	3,879	3,659
EPS in Rs	119.58	98.68	118.54	124.40	120.62	106.52	123.38	116.38

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	65,106	77,316	82,041	86,069	75,660	70,372	88,330	117,571	141,858	152,913
Sales Growth %		19%	6%	5%	-12%	-7%	26%	33%	21%	8%
Gross Sales	48,901	57,678	75,873	83,039	71,705	66,572	83,800	112,497	134,922	146,588
Excise Duty	7,517	9,231	2,232	0	0	0	0	0	0	0
Other Operating Income	1,068	1,126	1,658	3,030	3,955	3,800	4,530	5,422	6,937	6,325
+ Expenses	56,357	67,127	70,143	75,065	68,347	65,020	82,624	105,420	123,332	132,757
Material Cost %	59%	60%	67%	69%	70%	72%	75%	73%	70%	70%
Raw Material Cost	38,701	47,122	54,945	59,347	53,402	50,551	66,137	86,655	100,120	108,718
Change in Inventory	5	-379	41	212	-239	274	-93	-404	-379	-1,228
Manufacturing Cost %	2%	1%	1%	2%	1%	2%	2%	2%	1%	2%
Employee Cost %	3%	3%	3%	4%	5%	5%	5%	4%	4%	5%
Other Cost %	22%	22%	14%	13%	14%	14%	13%	11%	11%	10%
Raw Materials %	59%	61%	67%	69%	71%	72%	75%	74%	71%	71%
Purchase of Finished Goods %	5%	6%	12%	17%	25%	25%	30%	22%	15%	14%
Stock Adjustments %	-0%	0%	-0%	-0%	0%	-0%	0%	0%	0%	1%
Power & Fuel %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Other Manufacturing Expenses %	1%	0%	1%	1%	0%	1%	1%	1%	1%	1%
Selling & Administration %	8%	8%	8%	10%	11%	11%	10%	10%	9%	8%
Miscellaneous Expenses %	2%	2%	2%	3%	3%	2%	2%	2%	2%	2%
Operating Profit	8,749	10,190	11,898	11,003	7,313	5,352	5,706	12,151	18,526	20,156
OPM %	13%	13%	15%	13%	10%	8%	6%	10%	13%	13%
+ Other Income	1,600	2,462	2,209	2,717	3,453	3,105	1,907	2,318	4,348	5,266
Miscellaneous Income	1,461	2,353	2,046	2,740	3,453	3,185	1,946	2,517	4,381	5,397
Interest	82	89	346	76	134	102	127	187	194	194
Depreciation	2,822	2,604	2,760	3,021	3,528	3,034	2,789	2,826	5,256	5,608
Profit before tax	7,444	9,960	11,003	10,624	7,103	5,321	4,697	10,394	17,425	19,620
+ Tax %	28%	26%	30%	28%	20%	18%	17%	20%	23%	26%
Current Tax	2,043	2,337	3,351	2,934	1,377	1,156	1,431	2,250	3,663	3,883
Deferred Tax	44	279	-64	39	49	-224	-613	-138	273	1,237
+ Net Profit	5,364	7,350	7,722	7,651	5,678	4,389	3,880	8,243	13,488	14,500
Profit Growth %		37%	5%	-1%	-26%	-23%	-12%	112%	64%	8%
Minority Interest (After Tax)	0	-1	-1	-2	-2	0	0	0	0	0
Net Profit After Minority Interest	5,497	7,510	7,880	7,649	5,676	4,389	3,880	8,211	13,488	14,500
EPS in Rs	182.03	248.71	260.95	253.33	188.00	145.33	128.46	271.89	429.01	461.20

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	151	151	151	151	151	151	151	151	157	157
Reserves	30,465	36,924	42,408	46,941	49,262	52,350	55,183	61,640	85,479	96,083
+ Borrowings	231	484	121	160	184	541	426	1,247	119	87
Unsecured Borrowings	231	484	121	160	184	541	426	1,247	119	87
+ Other Liabilities	11,879	14,402	17,568	16,717	14,031	18,335	18,897	21,558	29,550	35,644
Current Liabilities	11,674	13,863	16,258	14,876	12,135	16,650	17,137	19,322	27,394	35,664
Provisions	1,195	1,253	1,415	1,298	1,377	1,598	1,973	2,121	2,515	2,838
Minority Interest	14	15	16	18	19	0	0	0	0	0
Other liability items	822	1,127	1,612	2,077	2,167	2,174	2,266	2,673	3,307	3,508
Total Liabilities	42,726	51,961	60,248	63,969	63,628	71,376	74,656	84,597	115,304	131,971
+ Fixed Assets	12,530	13,311	13,389	15,437	15,744	14,989	13,747	17,830	27,865	32,983
Gross Block	15,343	18,680	21,458	26,365	29,768	31,496	32,530	39,004	60,787	71,052
Accumulated Depreciation	2,813	5,370	8,069	10,928	14,024	16,508	18,783	21,174	32,923	38,070
CWIP	1,007	1,252	2,132	1,607	1,415	1,497	2,937	2,904	7,735	7,929
Investments	20,676	29,151	36,123	37,504	37,488	42,945	42,035	49,184	57,296	66,265
+ Other Assets	8,513	8,247	8,604	9,421	8,980	11,946	15,937	14,678	22,409	24,794
Inventories	3,133	3,264	3,160	3,323	3,214	3,049	3,532	4,284	5,318	6,913
Trade receivables	1,323	1,203	1,465	2,313	1,978	1,280	2,035	3,301	4,597	6,540
Cash Equivalents	51	24	74	188	29	3,047	3,042	42	2,827	553
Loans n Advances	2,935	2,733	2,332	1,757	2,292	2,794	4,732	4,706	7,130	10,709
Other asset items	1,071	1,024	1,573	1,841	1,467	1,775	2,596	2,346	2,536	79
Total Assets	42,726	51,961	60,248	63,969	63,628	71,376	74,656	84,597	115,304	131,971

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	8,483	10,282	11,788	6,601	3,496	8,856	1,841	9,251	16,801	16,136
Profit from Operations	8,935	10,413	12,036	11,060	7,503	5,531	5,832	11,112	18,677	20,322
Working Capital Changes	1,460	2,192	2,808	-1,315	-2,570	4,337	-2,813	373	1,722	-379
Profit Before Tax & Extraordinary Items	7,585	10,127	11,167	10,624	7,103	5,321	4,697	10,323	17,425	19,620
Depreciation	2,822	2,604	2,760	3,021	3,528	3,034	2,789	2,826	5,256	5,608
Interest (Net)	-70	52	278	-48	37	29	-48	2	-203	-239
Dividend Received	-11	-13	-20	-9	-4	-3	-3	-6	-6	-9
Profit / Loss on Sale of Assets	135	63	55	53	42	59	46	12	100	67
Profit / Loss on Sale of Investments	-1,318	-2,212	-1,958	-2,428	-3,092	-41	-205	-181	-90	-130
Provisions & Write-offs (Net)	-70	-4	-85	-5	-4	0	0	0	0	0
Profit / Loss in Forex	-19	-32	3	9	-77	62	31	21	-10	4
Receivables	-204	122	-262	-851	341	697	-764	-1,258	-1,316	-1,969
Inventories	-450	-131	104	-162	109	165	-483	-751	125	-1,595
Trade Payables	1,789	979	2,128	-858	-2,155	2,680	-396	2,008	3,321	3,509
Loans & Advances	-1	1	0	-13	-1	-6	-8	1	-3	-11
Direct Taxes Paid	-1,912	-2,323	-3,056	-3,144	-1,438	-1,011	-1,178	-2,233	-3,597	-3,807
+ Cash from Investing Activity	-7,230	-9,173	-8,302	-3,540	-557	-7,291	-239	-8,036	-11,865	-14,456
Purchase of Fixed Assets	-2,469	-3,391	-3,912	-4,872	-3,437	-2,370	-3,459	-6,347	-9,200	-10,641
Sale of Fixed Assets	12	16	26	170	37	42	136	100	45	38
Purchase of Investments	-12,044	-17,716	-47,069	-52,957	-44,205	-44,869	-60,525	-66,597	-65,736	-73,882
Sale of Investments	7,378	11,839	42,564	53,986	46,969	42,920	63,579	61,605	61,933	69,795
Interest Received	67	36	68	124	96	67	175	194	372	444
Dividend Received	11	13	20	9	4	3	3	6	6	9
Acquisition of Companies	0	0	0	0	-15	-65	-146	0	-80	-18
Others	-186	7	0	0	-5	-3,019	-1	3,003	795	-201
+ Cash from Financing Activity	-1,237	-1,129	-3,436	-2,948	-3,104	-1,545	-1,607	-1,213	-4,062	-4,155
Proceeds from Other Long-Term Borrowings	0	0	10	0	0	380	0	831	0	0
Proceeds from Short-Term Borrowings	77	484	0	39	0	0	0	0	0	0
Repayment of Long-Term Borrowings	-277	-154	0	0	0	0	-110	0	-1,183	0
Repayment of Short-Term Borrowings	-35	-77	-373	0	-46	0	0	0	0	-33
Repayment of Financial Liabilities	0	0	0	0	-10	-11	-8	-46	-13	-25
Dividend Paid	-755	-1,057	-2,266	-2,417	-2,417	-1,813	-1,359	-1,813	-2,719	-3,930
Interest Paid	-92	-110	-347	-73	-136	-102	-130	-186	-147	-167
Others	-154	-215	-461	-497	-497	0	0	0	0	0
Net Cash Flow	16	-21	50	113	-165	20	-6	2	874	-2,475