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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Passenger vehicles — compact cars, Passenger vehicles — mini and vans, Utility vehicles, Exports. Cyclical, asset-heavy passenger vehicle manufacturing
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 88,330 | 1,17,571 | 1,41,858 | 1,52,913 | 1,83,316 |
| EBITDA (ex other income) | 5,868 | 11,195 | 18,526 | 20,156 | 21,456 |
| margin % | 6.6 | 9.5 | 13.1 | 13.2 | 11.7 |
| Owners' profit | 3,880 | 8,211 | 13,488 | 14,500 | 14,680 |
| EPS, as reported (₹) | 128.43 | 271.82 | 858.02 | 461.20 | 466.90 |
| ROE % · ROCE % | 7.0 · 8.4 | 13.3 · 16.3 | 15.8 · 19.4 | 15.1 · 19.3 | 13.7 · 17.0 |
| Debt / equity (x) | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 1,841 | 9,251 | 16,801 | 16,136 | 19,100 |
| Capex | (3,206) | (6,117) | (8,916) | (10,250) | (10,123) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 37,449 | 38,764 | 40,920 | 38,605 | 42,344 | 49,904 | 52,463 | 52,470 |
| Profit before tax | 5,093 | 4,659 | 4,846 | 4,908 | 4,272 | 4,832 | 4,821 | 4,344 |
| Net profit | 3,103 | 3,727 | 3,911 | 3,792 | 3,349 | 3,879 | 3,659 | 3,447 |
| EPS (₹) | 98.68 | 118.54 | 124.40 | 120.62 | 106.52 | 123.38 | 116.38 | 109.63 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MARUTI SUZUKI INDIA LTD. ◆ | 3,89,856 | 27.2 | 3.64 | 15.1 | 13.7 | 16.8 | 21.1 | 11.8 |
| MAHINDRA & MAHINDRA LTD | 3,73,579 | 18.8 | 3.41 | 12.4 | 17.0 | 11.5 | 21.7 | 19.9 |
| HYUNDAI MOTOR INDIA LTD | 1,76,646 | 35.7 | 8.83 | 17.7 | 27.1 | 32.2 | — | 10.9 |
| TATA MOTORS PASS VEH LTD | 1,10,955 | — | 0.93 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Price hike of up to Rs 20,000 on selected models from September 2026 | business updates | high | — | — |
| 5 Sept 2026 · Corrigendum to press release — word correction on page 3 | business updates | low | — | — |
| 5 Sept 2026 · Maruti Suzuki Launches Updated Baleno with Level 2 ADAS, Starts at INR 6.09 Lakh | business updates | medium | — | — |
| 2 Sept 2026 · Maruti Suzuki shareholders approve all six AGM resolutions | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · Maruti Suzuki Eeco crosses 15 lakh sales milestone, launches Star Edition | compliance | low | — | — |
| 1 Sept 2026 · Maruti Suzuki August 2026 production up around 40% YoY | business updates | medium | — | — |
| 1 Sept 2026 · Maruti Suzuki reports strong August 2026 sales at 2.19 lakh units | business updates | medium | — | — |
| 31 Aug 2026 · Maruti Suzuki 45th AGM: FY26 Financials, Dividend, Director Re-appointments Considered | board shareholder meetings | medium | — | — |
| 14 Aug 2026 · Newspaper notice on special window for physical share transfer | compliance | minimal | — | — |
| 9 Aug 2026 · Maruti Suzuki submits newspaper publication copy to NSE | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 7.7 |
| 69.5 |
| (1.0) |
| 6.1 |
| 7.6 |
| FORCE MOTORS LIMITED | 23,335 | 18.6 | 5.56 | 12.5 | 28.9 | 33.7 | 35.4 | 15.0 |
| OLECTRA GREENTECH LIMITED | 9,905 | 55.9 | 8.03 | 29.2 | 14.6 | 16.8 | 52.4 | 12.2 |
| HINDUSTAN MOTORS LTD. | 289 | 23.1 | 9.02 | — | (0.1) | (0.2) | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 27.2 | 27.2 | 9 of 17 | 50% |
| P/B | 3.6 | 4.8 | 8 of 17 | 56% |
| ROCE | 16.8 | 10.9 | 9 of 20 | 58% |
| ROE | 13.7 | 14.6 | 10 of 17 | 44% |
| Debt / Equity | 0.0 | 0.6 | 1 of 17 | 81% |
| EBITDA margin | 11.8 | 10.9 | 8 of 17 | 56% |
| Revenue growth | 35.9 | 29.7 | 5 of 16 | 73% |
| Profit growth | (9.1) | 16.9 | 11 of 17 | 38% |
| Market cap | 389856 | 17824 | 1 of 21 | 100% |
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| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
