Maruti Suzuki India Ltd
MARUTIMaruti Suzuki India Ltd
MARUTIPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
24.69 | 4.04 | 1.14% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
37.37 | 6.51 | 0.75% |
Forecast & Ratings
Detailed Forecast from 40 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Maruti Suzuki India Limited is engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts. The Company's other activities consist of facilitation of pre-owned car sales, fleet management and car financing.
Peers
Compare with peersMahindra and Mahindra Ltd
Tata Motors Ltd
Hyundai Motor India Ltd
Force Motors Ltd
Popular Vehicles and Services Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 59,188.50 | 70,547.40 | 82,018.50 | 88,785.80 | 79,112.80 | 73,477.30 | 90,236.40 | 1,20,852.00 | 1,46,205.80 | 1,50,215.10 | ||||||||||
Raw Materials | 38,701.20 | 47,121.50 | 54,945.30 | 59,346.60 | 53,402.00 | 50,550.50 | 66,137.10 | 86,066.90 | 1,00,119.50 | 1,25,446.10 | ||||||||||
Power & Fuel Cost | 694.10 | 518.60 | 673.40 | 863.30 | 699.50 | 476.60 | 630.90 | 1,091.90 | 1,033.40 | |||||||||||
Employee Cost | 2,000.30 | 2,360.30 | 2,863.40 | 3,285.00 | 3,416.20 | 3,431.60 | 4,051.40 | 5,308.50 | 6,301.60 | |||||||||||
Selling & Administrative Expenses | 5,367.30 | 6,111.30 | 6,755.30 | 8,390.30 | 8,456.30 | 7,924.00 | 9,119.10 | 10,316.30 | 12,082.60 | |||||||||||
Operating & Other expenses | 1,937.40 | 1,615.20 | 2,508.60 | 3,180.10 | 2,373.40 | 2,637.70 | 2,685.10 | 2,531.90 | 3,794.80 | |||||||||||
EBITDA | 10,488.20 | 12,820.50 | 14,272.50 | 13,720.50 | 10,765.40 | 8,456.90 | 7,612.80 | 15,536.50 | 22,873.90 | 24,769.00 | ||||||||||
Depreciation/Amortization | 2,821.80 | 2,603.90 | 2,759.80 | 3,020.80 | 3,528.40 | 3,034.10 | 2,789.00 | 4,846.00 | 5,255.80 | 5,317.20 | ||||||||||
PBIT | 7,666.40 | 10,216.60 | 11,512.70 | 10,699.70 | 7,237.00 | 5,422.80 | 4,823.80 | 10,690.50 | 17,618.10 | 19,451.80 | ||||||||||
Interest & Other Items | 81.70 | 89.40 | 345.80 | 75.90 | 134.20 | 101.80 | 126.60 | 252.30 | 193.60 | 212.30 | ||||||||||
PBT | 7,584.70 | 10,127.20 | 11,166.90 | 10,623.80 | 7,102.80 | 5,321.00 | 4,697.20 | 10,438.20 | 17,424.50 | 19,239.50 | ||||||||||
Taxes & Other Items | 2,087.50 | 2,617.30 | 3,286.90 | 2,974.70 | 1,426.80 | 931.90 | 817.70 | 2,174.50 | 3,936.30 | 5,218.20 | ||||||||||
Net Income | 5,497.20 | 7,509.90 | 7,880.00 | 7,649.10 | 5,676.00 | 4,389.10 | 3,879.50 | 8,263.70 | 13,488.20 | 14,021.30 | ||||||||||
EPS | 181.98 | 248.61 | 260.86 | 253.21 | 187.90 | 145.30 | 128.43 | 273.56 | 437.59 | 445.97 | ||||||||||
DPS | 35.00 | 75.00 | 80.00 | 80.00 | 60.00 | 45.00 | 60.00 | 90.00 | 125.00 | 125.00 | ||||||||||
Payout ratio | 0.19 | 0.30 | 0.31 | 0.32 | 0.32 | 0.31 | 0.47 | 0.33 | 0.29 | 0.28 |
Company Updates
Investor Presentation
Investor Presentation
Annual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryFour Wheelers
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Maruti Suzuki India Ltd | 25.67 | 4.04 | 1.14% |
Mahindra and Mahindra Ltd | 29.86 | 4.23 | 0.70% |
Tata Motors Ltd | 9.08 | 3.06 | 0.70% |
Hyundai Motor India Ltd | 23.69 | 13.46 | 7.51% |
Price Comparison
Compare MARUTI with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.30%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.12%
Top 5 Mutual Funds holding Maruti Suzuki India Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Parag Parikh Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9736% | Percentage of the fund’s portfolio invested in the stock 4.11% | Change in the portfolio weight of the stock over the last 3 months -1.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/91 (-1) |
HDFC Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7758% | Percentage of the fund’s portfolio invested in the stock 4.14% | Change in the portfolio weight of the stock over the last 3 months 1.47% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/60 (+5) |
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7432% | Percentage of the fund’s portfolio invested in the stock 4.04% | Change in the portfolio weight of the stock over the last 3 months -0.62% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/90 (-2) |
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smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 1.14%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.35 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 2, 2024
Dividend/Share
₹125.00
Ex DateEx Date
Aug 2, 2024
Cash Dividend
Ex DateEx DateAug 3, 2023
Dividend/Share
₹90.00
Ex DateEx Date
Aug 3, 2023
Cash Dividend
Ex DateEx DateAug 3, 2022
Dividend/Share
₹60.00
Ex DateEx Date
Aug 3, 2022
Cash Dividend
Ex DateEx DateAug 5, 2021
Dividend/Share
₹45.00
Ex DateEx Date
Aug 5, 2021
Cash Dividend
Ex DateEx DateAug 13, 2020
Dividend/Share
₹60.00
Ex DateEx Date
Aug 13, 2020
Maruti Suzuki India (MSIL), today, introduced the Dazzling New Dzire with petrol and S-CNG models. Introducing the All-New Dzire, Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, The Maruti Suzuki Dzire has long stood as a hallmark of excellence in the sedan segment and chosen by customers to become India's highest-selling sedan year-after-year. With each generation, it has revolutionised the market and redefined customer expectations. The Dazzling New Dzire exemplifies this enduring legacy with emphasis on styling, performance, features and safety. Sporting a progressive sleek design and plush interiors, the all-new Dzire resonates with the aspirations of today's ambitious and successful individuals. Furthermore, the advanced Z-Series engine makes it India's most fuel-efficient sedan.Powered by Capital Market - Live
Sequentially, the auto giant's total production jumped 10.99% as compared with 159,743 units produced in September 2024. In October 2024, the production of passenger vehicles was at 173,662 units, showing a slight increase from 173,230 units produced in October 2023. Additionally, the production of light commercial vehicles reached 3,650 units in October 2024, registering a year-on-year growth of 13.81%. Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components, and spare parts (automobiles). The company reported 17.4% fall in net profit to Rs 3,069.2 crore as sales remained almost flat at Rs 35,589.1 crore in Q2 FY25 as compared with Q2 FY24. The scrip slipped 1.61% to currently trade at Rs 10,934.20 on the BSE. Powered by Capital Market - Live
Maruti Suzuki India has recorded production of 177,312 units in month of October 2024 compared to 176,437 units in October 2023. Powered by Capital Market - Live
Maruti Suzuki India (MSIL) today commenced bookings for its highly anticipated 4th Generation Dzire. India's highest-selling compact sedan*, the All-New Dzire is set to revolutionise the segment with its progressive design, segment first features and unparalleled value proposition. Building on the remarkable legacy of the Dzire brand, this new generation model represents a significant leap forward in Maruti Suzuki's commitment to offer exceptional vehicles to the Indian market. *Claim verified by JATO Dynamics as on 17 October 2024Powered by Capital Market - Live
While the company's total domestic sales fell by 2.3% to 173,266 units, total exports increased by 51.1% to 33,168 units in October 2024 over October 2023. Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components, and spare parts (automobiles). The company reported 17.4% fall in net profit to Rs 3,069.2 crore as sales remained almost flat at Rs 35,589.1 crore in Q2 FY25 as compared with Q2 FY24. The scrip rose 0.31% to currently trade at Rs 11,115.20 on the BSE.Powered by Capital Market - Live
Shares of Maruti Suzuki tumbled 7.65% in the past four sessions. It fell 3.79% on Tuesday (29 October 2024) after the company reported 17.4% fall in net profit to Rs 3,069.2 crore while sales remained almost flat at Rs 35,589.10 crore in Q2 FY25 over Q2 FY24. The fall in net profit was due to a provision of Rs 837.6 crore resulting from the withdrawal of indexation benefit and change in tax rate on long term capital gains on debt mutual funds as per the Finance Act 2024. The company sold a total of 541,550 vehicles during the quarter, of which the domestic market volume was 463,834 vehicles and the export volume was 77,716 vehicles. While the domestic volume declined by 3.9%, the export volume grew by 12.1% compared to the same period of the previous year. Maruti Suzuki stated that gains from cost reduction efforts, favourable foreign exchange variation and higher non-operating income were offset by higher sales promotion expenses. The car major hosted a conference call on 29 October 2024. In the conference call, the company was represented by Arnab Roy-CFO. The company's Manesar facility achieved a significant milestone, crossing the one crore unit production mark. While demand for passenger vehicles (PVs) remained subdued in Q2 FY25, the company implemented increased discounts to stimulate sales. The average discount per car during the quarter was Rs 29,300. However, the company is optimistic about the ongoing festive season, anticipating a potential uptick in demand. The company aims to achieve a 3.7% year-over-year growth in retail sales from April 2024 to October 2024. Inventory levels have been reduced to approximately one month. The company's margin decreased in Q2 FY25 due to higher sales promotion expenses and adverse commodity prices. To enhance customer satisfaction, the company extended its warranty package to up to 6 years or 60,000 kilometers. Domestic sales contributed 86% to the total revenue in Q2 FY25, while exports accounted for the remaining 14%. Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components, and spare parts (automobiles). Powered by Capital Market - Live
Net profit of Maruti Suzuki India declined 18.06% to Rs 3102.50 crore in the quarter ended September 2024 as against Rs 3786.20 crore during the previous quarter ended September 2023. Sales rose 0.14% to Rs 35586.50 crore in the quarter ended September 2024 as against Rs 35535.20 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales35586.5035535.20 0 OPM %14.0514.95 - PBDT6526.306234.20 5 PBT5140.604892.30 5 NP3102.503786.20 -18 Powered by Capital Market - Live
The Board of Maruti Suzuki India on 29th October 2024 has approved the amalgamation of Suzuki Motor Gujarat Private Limited, a wholly owned subsidiary with the Company.Powered by Capital Market - Live
Maruti Suzuki India will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live
Maruti Suzuki India (MSIL) has introduced the Grand Vitara Dominion Limited Edition available in Alpha, Zeta and Delta variants across both petrol and CNG fuel type. The Dominion Edition brings a distinctive touch of style and glory with upgrades that enhance the appeal of the popular SUV. Launched strategically during the festive season along with exciting offers, the Grand Vitara Dominion Edition aims to captivate the customers by offering incredible value through complimentary accessory kits. The Grand Vitara Dominion Edition provides a range of carefully curated accessory kits that enhance both the exterior and interior. The exterior upgrades include prominent elements such as side steps, rear skid plates, body side molding, and door visors, along with premium car care kit. On the inside, the Dominion Edition offers premium dualtone seat covers, all-weather 3D mats, an interior styling kit, and a host of additional elements that offer enhanced comfort and a more premium cabin experience.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.49%, vs industry avg of 7.91%
Increasing Market Share
Over the last 5 years, market share increased from 17.41% to 17.89%