MARUTI SUZUKI INDIA LTD.

Manufactures passenger cars and utility vehicles in India under the Maruti Suzuki brand. Q1 FY27 sales volumes grew 29.3% YoY to 682,724 units, with utility vehicles (Brezza, e Vitara, Fronx, Jimny, Victoris) up 44.6% and small cars up 34.1%, alongside exports up 28.6%. July 2026 set an all-time domestic sales high of 200,123 units, and April-July FY27 total sales reached 924,145 units versus 708,387 a year ago. Domestic passenger vehicle market share rose to 41.2% in Q1 FY27, up 2.3 percentage points. A new 800-acre Kharkhoda manufacturing facility in Haryana was inaugurated with current capacity of 0.5 million units, scaling to 1 million units as part of an overall 4 million units annual production ambition by FY 2026-27; the plant runs on 100 percent renewable energy. Revenue comes principally from vehicle sales, with the subsidiary Suzuki Motor Gujarat now amalgamated (effective December 2025). Materials and components are the dominant input cost at 60.9% of FY26 revenue, surging to 80.5% in Q1 FY27 due to commodity price increases linked to the West Asia conflict; a price hike of up to ₹30,000 per vehicle was announced effective August 2026.