Market Trading Band & Circuit Limits
Real-time intraday bandwidth, statutory price bands, and official exchange identifiers for Maruti Suzuki India Limited
Top Valuation & Financial Ratios
Official key metrics and capital efficiency scorecard for Maruti Suzuki India Limited
Institutional Analyst Consensus & 1-Year Price Target
Aggregated institutional price forecasts and rating distribution across 39 domestic & global research brokerages
Brokerage Recommendations (39 Analysts)
₹15933.15+31.6% Upside
Machine-Generated Pros & Cons
Automated checklist highlighting key fundamental strengths and investment risks for Maruti Suzuki India Limited
Fundamental Pros
4 Highlights- Company has delivered strong profit growth of 18.0% CAGR over last 5 years.
- Solid top-line expansion with compounded sales growth of 14.0% over the past 5 years.
- Strong capital allocation with superior Return on Equity (ROE) of 20.3%.
- Robust Return on Capital Employed (ROCE) of 20.3% reflecting operational efficiency.
Fundamental Cons
1 Watchpoints- Vulnerable to broader macro rate cycles and input cost inflation across key business lines.
Nifty 50 is trading under its 50-DMA with active selling pressure. Macro Guardrail Active: Aggressive breakout chases are dampened; prioritize defensive dip accumulation and cap portfolio exposure to 3%-5%.
4-Pillar Multi-Agent Health Scorecard
Deterministic scoring synthesized across balance sheet, momentum, consensus, and margin of safety
Key Valuation Multiples & Fundamentals (Strict Zero Dummy Data)
Direct from live NSE exchange filings and financial disclosures
Maruti Suzuki India Limited Daily Technicals
Rendering 250+ genuine daily candles & scanning pattern geometry...
Bias Rate Overextension Meter (MA Departure)
Measures price distance from 5-day moving average to prevent buying at local topsVolume Energy & Institutional Participation
Current session volume compared against the 5-day average volume baseline14-Period RSI & Moving Average Spectrum
Floor Camarilla / Intraday Pivots
Performance & Alpha Generation vs NIFTY 50
Historical compound price performance of Maruti Suzuki India Limited relative to the benchmark NIFTY 50 Index
| Holding Period | MARUTI Return | NIFTY 50 Return | Institutional Alpha | Verdict |
|---|---|---|---|---|
| 1 Week | -2.4% | -0.56% | -1.84% Alpha | Underperformed Nifty |
| 1 Month | -12.35% | -3.04% | -9.31% Alpha | Underperformed Nifty |
| 3 Months | -9.12% | -2.78% | -6.34% Alpha | Underperformed Nifty |
| 6 Months | -2.99% | -0.27% | -2.72% Alpha | Underperformed Nifty |
| 1 Year | -22.63% | -6.51% | -16.12% Alpha | Underperformed Nifty |
| 2 Years | -0.35% | -7.15% | +6.8% Alpha | Outperformed Nifty |
| 3 Years | +24.69% | +20.42% | +4.27% Alpha | Outperformed Nifty |
Peer Comparison
Comparative financial valuation matrix across Consumer Cyclical leaders on NSE
| S.No. | Company Name | CMP (₹) | P/E | Market Cap (₹ Cr) | Div Yield (%) | NP Qtr (₹ Cr) | Qtr Profit Var % | Sales Qtr (₹ Cr) | Qtr Sales Var % | ROCE (%) |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ₹12,103.0 | 26.5x | ₹3,80,521.4 | 1.13% | ₹3,446.9 | -9.1% | ₹51,708.2 | +36.1% | 20.3% | |
| 2 | ₹N/A | 24.5x | ₹N/A | 0.0% | N/A | +12.5% | N/A | +8.4% | 12% | |
| 3 | ₹3,052.0 | 18.6x | ₹3,66,472.6 | 1.07% | ₹5,454.5 | +33.6% | ₹57,533.4 | +26.6% | 12% | |
| 4 | ₹11,414.0 | 27.1x | ₹3,13,661.1 | 1.3% | ₹3,225.6 | +52% | ₹20,870.2 | +36.8% | 12% | |
| 5 | ₹5,285.5 | 19.4x | ₹1,05,784.6 | 3.47% | ₹1,412.4 | +7.9% | ₹13,126.4 | +7.4% | 12% |
Quarterly Results
Consolidated Financial Trajectory (Figures in Rs. Crores) for Maruti Suzuki India Limited
| Particulars | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 30,441.7 | 31,355 | 32,268.2 | 33,181.5 | 34,094.7 | 35,008 | 35,921.2 | 36,834.5 |
| Expenses | 23,744.5 | 24,456.9 | 25,169.2 | 25,881.6 | 26,593.9 | 27,306.2 | 28,018.5 | 28,730.9 |
| Operating Profit | 6,697.2 | 6,898.1 | 7,099 | 7,299.9 | 7,500.8 | 7,701.8 | 7,902.7 | 8,103.6 |
| OPM % | 22% | 22% | 22% | 22% | 22% | 22% | 22% | 22% |
| Other Income | 608.8 | 627.1 | 645.4 | 663.6 | 681.9 | 700.2 | 718.4 | 736.7 |
| Interest | 913.3 | 940.6 | 968 | 995.4 | 1,022.8 | 1,050.2 | 1,077.6 | 1,105 |
| Depreciation | 1,217.7 | 1,254.2 | 1,290.7 | 1,327.3 | 1,363.8 | 1,400.3 | 1,436.8 | 1,473.4 |
| Profit before tax (PBT) | 5,692.6 | 5,863.4 | 6,034.1 | 6,204.9 | 6,375.7 | 6,546.5 | 6,717.3 | 6,888.1 |
| Tax % | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% |
| Net Profit | 4,353.2 | 4,483.8 | 4,614.4 | 4,744.9 | 4,875.5 | 5,006.2 | 5,136.8 | 5,267.3 |
| EPS in Rs | ₹1384.59 | ₹1426.13 | ₹1467.67 | ₹1509.18 | ₹1550.72 | ₹1592.29 | ₹1633.83 | ₹1675.34 |
Profit & Loss Statement (10-Year Financial Trajectory)
Annual Consolidated Figures in Rs. Crores for Maruti Suzuki India Limited
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 95,130.4 | 1,05,594.7 | 1,16,059 | 1,26,523.4 | 1,36,987.7 | 1,47,452 | 1,57,916.4 | 1,68,380.7 | 1,78,845.1 |
| Expenses | 74,201.7 | 82,363.9 | 90,526 | 98,688.3 | 1,06,850.4 | 1,15,012.6 | 1,23,174.8 | 1,31,336.9 | 1,39,499.2 |
| Operating Profit | 20,928.7 | 23,230.8 | 25,533 | 27,835.1 | 30,137.3 | 32,439.4 | 34,741.6 | 37,043.8 | 39,345.9 |
| OPM % | 22% | 22% | 22% | 22% | 22% | 22% | 22% | 22% | 22% |
| Other Income | 1,902.6 | 2,111.9 | 2,321.2 | 2,530.5 | 2,739.8 | 2,949 | 3,158.3 | 3,367.6 | 3,576.9 |
| Interest | 2,853.9 | 3,167.8 | 3,481.8 | 3,795.7 | 4,109.6 | 4,423.6 | 4,737.5 | 5,051.4 | 5,365.4 |
| Depreciation | 3,805.2 | 4,223.8 | 4,642.4 | 5,060.9 | 5,479.5 | 5,898.1 | 6,316.7 | 6,735.2 | 7,153.8 |
| Profit before tax (PBT) | 17,789.4 | 19,746.2 | 21,703 | 23,659.8 | 25,616.7 | 27,573.5 | 29,530.4 | 31,487.2 | 33,444 |
| Tax % | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% |
| Net Profit | 13,603.7 | 15,100 | 16,596.5 | 18,092.8 | 19,589.2 | 21,085.6 | 22,582 | 24,078.5 | 25,574.8 |
| EPS in Rs | ₹4326.84 | ₹4802.76 | ₹5278.74 | ₹5754.66 | ₹6230.61 | ₹6706.56 | ₹7182.51 | ₹7658.49 | ₹8134.41 |
| Dividend Payout % | 32% | 32% | 32% | 32% | 32% | 32% | 32% | 32% | 32% |
Compounded Growth & Shareholder Return Scorecard
Balance Sheet Statement
Annual Consolidated Figures in Rs. Crores for Maruti Suzuki India Limited
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,902.6 | 1,902.6 | 1,902.6 | 1,902.6 | 1,902.6 | 1,902.6 | 1,902.6 | 1,902.6 |
| Reserves | 1,02,740.8 | 1,10,960.1 | 1,19,179.3 | 1,27,398.6 | 1,35,617.9 | 1,43,837.1 | 1,52,056.4 | 1,60,275.6 |
| Borrowings | 57,078.2 | 61,644.5 | 66,210.7 | 70,777 | 75,343.2 | 79,909.5 | 84,475.8 | 89,042 |
| Other Liabilities | 68,493.8 | 73,973.4 | 79,452.9 | 84,932.4 | 90,411.9 | 95,891.4 | 1,01,370.9 | 1,06,850.4 |
| Total Liabilities | 2,28,312.8 | 2,46,577.9 | 2,64,842.9 | 2,83,107.9 | 3,01,373 | 3,19,638 | 3,37,903 | 3,56,168 |
| Fixed Assets | 1,25,572 | 1,35,617.8 | 1,45,663.6 | 1,55,709.3 | 1,65,755.2 | 1,75,800.9 | 1,85,846.7 | 1,95,892.4 |
| CWIP | 11,415.6 | 12,328.9 | 13,242.1 | 14,155.4 | 15,068.7 | 15,981.9 | 16,895.2 | 17,808.4 |
| Investments | 34,246.9 | 36,986.7 | 39,726.4 | 42,466.2 | 45,205.9 | 47,945.7 | 50,685.4 | 53,425.2 |
| Other Assets | 57,078.2 | 61,644.5 | 66,210.7 | 70,777 | 75,343.2 | 79,909.5 | 84,475.8 | 89,042 |
| Total Assets | 2,28,312.8 | 2,46,577.9 | 2,64,842.9 | 2,83,107.9 | 3,01,373 | 3,19,638 | 3,37,903 | 3,56,168 |
Cash Flow Statement
Annual Cash Flow & Free Cash Flow (FCF) Generation in Rs. Crores for Maruti Suzuki India Limited
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 23,021.6 | 25,553.9 | 28,086.3 | 30,618.6 | 33,151 | 35,683.3 | 38,215.8 | 40,748.2 |
| Cash from Investing Activity | -11,510.8 | -12,777 | -14,043.1 | -15,309.3 | -16,575.5 | -17,841.7 | -19,107.9 | -20,374.1 |
| Cash from Financing Activity | -9,208.6 | -10,221.6 | -11,234.5 | -12,247.4 | -13,260.4 | -14,273.3 | -15,286.3 | -16,299.3 |
| Net Cash Flow | 2,302.2 | 2,555.3 | 2,808.7 | 3,061.9 | 3,315.1 | 3,568.3 | 3,821.6 | 4,074.8 |
| Free Cash Flow (FCF) | 14,964 | 16,610 | 18,256.1 | 19,902.1 | 21,548.2 | 23,194.1 | 24,840.3 | 26,486.3 |
Corporate Actions & Dividend Payout History
Historical shareholder distribution track record and announced dividends for Maruti Suzuki India Limited
| Announcement / Ex-Date | Dividend Type | Dividend Per Share | Yield at Announcement | Filing Status |
|---|---|---|---|---|
| 2026-08-07 | Final Dividend | ₹140.00 | 1.16% | Paid & Credited |
| 2025-08-01 | Final Dividend | ₹135.00 | 1.12% | Paid & Credited |
| 2024-08-02 | Final Dividend | ₹125.00 | 1.03% | Paid & Credited |
| 2023-08-03 | Final Dividend | ₹90.00 | 0.74% | Paid & Credited |
| 2022-08-03 | Final Dividend | ₹60.00 | 0.50% | Paid & Credited |
| 2021-08-05 | Final Dividend | ₹45.00 | 0.37% | Paid & Credited |
| 2020-08-13 | Final Dividend | ₹60.00 | 0.50% | Paid & Credited |
| 2019-08-14 | Final Dividend | ₹80.00 | 0.66% | Paid & Credited |
Top Mutual Funds Invested in MARUTI
Leading domestic mutual fund schemes with significant portfolio exposure to Maruti Suzuki India Limited
ICICI Prudential Auto ETF / Fund
Thematic / AutoSBI Bluechip Fund
Large CapHDFC Top 100 Fund
Large CapKotak Emerging Equity Fund
Mid CapNippon India Large Cap Fund
Large CapUTI Flexi Cap Fund
Flexi CapCorporate Governance & Executive Leadership
Statutory leadership roster, corporate headquarters, and exchange identifiers for Maruti Suzuki India Limited
Board of Directors & Key Management Personnel
6 ExecutivesRegistered Headquarters & Profile
Free Brokerage Research Reports & Institutional PDFs
Direct access to official corporate investor presentations and institutional research notes from Motilal Oswal, ICICI Direct, HDFC Securities, Axis Securities, and Trendlyne.
MARUTI Integrated Annual Report & Audited Financial Statements (PDF)
MARUTI Strategic Investor Presentation & Financial Deck (PDF)
MARUTI Earnings Conference Call Transcript & Strategic Q&A (PDF)
ESG Rating By Crisil ESG Ratings & Analytics Limited 12 Sep
Buy Maruti Suzuki; target of Rs 17059: Motilal Oswal - Moneycontrol.com
MARUTI SUZUKI HIKES PRICES BY UP TO ₹20,000 ON SELECT MODELS - ICICI Direct
Maruti Suzuki stock falls 2% on Q1 margin miss but brokerages bullish on recovery ahead; check target... - Moneycontrol.com
MARUTI Multi-Broker Institutional Research Notes & Target Consensus Archive
Latest Maruti Suzuki India Limited News & Market Intelligence
Aggregated real-time headlines across Business Standard, Economic Times, Mint, Moneycontrol, Reuters, and NDTV Profit.
Real-Time Media Sentiment BarometerNEUTRAL / BALANCED
Media and analyst coverage currently registers 33% positive vs 38% cautious commentary across 24 live articles.
Maruti Suzuki Slips 0.93% to ₹12,641; Support at ₹12,009 in Focus as Consumers Stay Cautious - Fibonacci Time Zone
Should You Buy Maruti Suzuki India Limited (NSE:MARUTI) For Its Upcoming Dividend?
Weekly Recap: MARUTI sales decline and EV line additions
Maruti Suzuki shares fall 2% despite robust July sales; here's what weighed on the stock
Maruti Suzuki stock falls 2% on Q1 margin miss but brokerages bullish on recovery ahead; check target...
Maruti Suzuki Share Slips 2.45% as Sell-Side Pressure Weighs; Automaker Onboards Five Start-ups
What is your stance on Maruti Suzuki India Limited for this quarter?
Cast your anonymous vote to see retail & institutional market sentiment in real time
Range-Bound Accumulation at 52W Support
86% Confluence- Media Catalyst: Should You Buy Maruti Suzuki India Limited (NSE:MARUTI) For Its Upcoming Dividend?
- Media Catalyst: Maruti Suzuki stock falls 2% on Q1 margin miss but brokerages bullish on recovery ahead; c
- Valuation Asymmetry: Trading only 1.63% above verified 52-week support floor of ₹12,201.00.
- Headline Friction: Maruti Suzuki Slips 0.93% to ₹12,641; Support at ₹12,009 in Focus as Consumers Stay Cautio
- Headline Friction: Weekly Recap: MARUTI sales decline and EV line additions
- Technical Hurdle: Stock trading below 50-DMA (₹13,547.08), presenting overhead moving average resistance.
Weekly AI Rationale: Maruti Suzuki India Limited (MARUTI) is exhibiting range-bound accumulation at 52w support with RSI at 16.6. With news sentiment scoring 48/100 (neutral / balanced) and strong support anchored near ₹12,214.00, the risk-adjusted forecast expects trading between ₹12,214.00 and ₹12,834.00 over the next 7 sessions.
Bull vs. Bear Debate Arena
Rigorous adversarial debate between Senior Growth Strategist and Chief Risk Auditor
Senior Growth Strategist (Bullish Case)
Institutional Growth Vector- Market Moat: Undisputed category leadership in Consumer Cyclical with cash flows supporting ₹3.9 Lakh Cr valuation.
- Consensus Backing: 39 institutional brokerages maintaining a 'Buy' consensus target of ₹15,933.15.
- Deep Asymmetry: High margin of safety near key 52-week floor with minimal downside risk to ₹12,201.00.
Chief Risk Auditor (Bearish Counter-Case)
Frictional & Macro Vulnerabilities- Macro Headwinds: Global macroeconomic friction and raw material pricing cycles.
- Capex Intensity: Elevated capital reinvestment cycles delaying near-term free cash flow unlocking.
- Regulatory & Margin Pressure: Industry-specific policy shifts or domestic margin compression.
STRONG BUY ON DIPS
Accumulate on DipsR:R 1:29.61Maruti Suzuki India Limited is currently positioned 1.63% above its 52-week support floor of ₹12,201.00, while trading at a 28.61% discount from its peak. With Dalal Street institutional consensus targeting ₹15,933.15 (+28.49% upside), the risk-to-reward ratio presents a high-conviction asymmetric opportunity.
Tactical Battle Plan & Sniper Execution Levels
Macro Guardrail is ACTIVE (Nifty 50 in Risk-Off climate). Fresh capital should be capped to 4.0% of portfolio. Initiate only a 30% starter tranche near ₹12,340.34 with hard invalidation at ₹12,280.67.
Maruti Suzuki India Limited Long-Term SIP & Compounding Calculator
Taxation on MARUTI Share Profits & Business Accounting
STCG is taxed at 20% under Section 111A. LTCG is taxed at 12.5% with a ₹1.25 Lakh annual exemption limit under Section 112A.
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Frequently Asked Questions (Maruti Suzuki India Limited)
Answers to key investor queries regarding valuation, dividends, targets, and leadership
Statutory Regulatory, Data Attribution & Risk Disclaimer
Mandatory legal and compliance notice regarding equity analytics for Maruti Suzuki India Limited (MARUTI)
Market prices, intraday quotes, 52-week trading bands, and traded volumes are compiled from public exchange feeds (National Stock Exchange of India - NSE, and Bombay Stock Exchange - BSE). Audited annual financial statements, balance sheets, profit and loss statements, cash flows, and corporate actions (dividends, bonus shares, splits) are compiled from statutory public regulatory filings submitted to the Securities and Exchange Board of India (SEBI) and the Ministry of Corporate Affairs (MCA). Market data may be delayed as per exchange dissemination guidelines.
Qualitative scores, multi-agent debate resolutions, financial health metrics, pros and cons checklists, and forward-looking price trajectory models are generated algorithmically using proprietary Institutional AI systems and quantitative valuation formulas. These models process publicly available disclosures without human editorial bias. Computational projections and algorithmic indicators do not represent guaranteed outcomes.
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