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Maruti Suzuki India Ltd

MARUTI

Maruti Suzuki India Ltd

MARUTI
Consumer DiscretionaryFour Wheelers
LargecapWith a market cap of ₹3,44,530 cr, stock is ranked 18
Low RiskStock is 1.66x as volatile as Nifty
10,855.000.95% (-104.30)
10,855.000.95% (-104.30)

Price Chart

High
Low
Returns
1D
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
Consumer DiscretionaryFour Wheelers
LargecapWith a market cap of ₹3,44,530 cr, stock is ranked 18
Low RiskStock is 1.66x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryFour Wheelers
LargecapWith a market cap of ₹3,44,530 cr, stock is ranked 18
Low RiskStock is 1.66x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
24.574.021.14%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
37.816.580.75%

Forecast & Ratings

Detailed Forecast 
73%
Analysts have suggested that investors can buy this stock

from 40 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 10.49%, vs industry avg of 7.91%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 17.41% to 17.89%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue59,188.5070,547.4082,018.5088,785.8079,112.8073,477.3090,236.401,20,852.001,46,205.801,50,215.10
Raw Materialssubtract38,701.2047,121.5054,945.3059,346.6053,402.0050,550.5066,137.1086,066.901,00,119.501,25,446.10
Power & Fuel Costsubtract694.10518.60673.40863.30699.50476.60630.901,091.901,033.40
Employee Costsubtract2,000.302,360.302,863.403,285.003,416.203,431.604,051.405,308.506,301.60
Selling & Administrative Expensessubtract5,367.306,111.306,755.308,390.308,456.307,924.009,119.1010,316.3012,082.60
Operating & Other expensessubtract1,937.401,615.202,508.603,180.102,373.402,637.702,685.102,531.903,794.80
Depreciation/Amortizationsubtract2,821.802,603.902,759.803,020.803,528.403,034.102,789.004,846.005,255.805,317.20
Interest & Other Itemssubtract81.7089.40345.8075.90134.20101.80126.60252.30193.60212.30
Taxes & Other Itemssubtract2,087.502,617.303,286.902,974.701,426.80931.90817.702,174.503,936.305,218.20
EPS181.98248.61260.86253.21187.90145.30128.43273.56437.59445.97
DPS35.0075.0080.0080.0060.0045.0060.0090.00125.00125.00
Payout ratio0.190.300.310.320.320.310.470.330.290.28

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2016

Annual Report Unavailable

Investor Presentation

Jan 28PDF
FY 2017

Annual Report Unavailable

Investor Presentation

Jan 25PDF
FY 2018

Annual Report Unavailable

FY 2019

Annual Report Unavailable

FY 2023

Annual report

PDF

Investor Presentation

Apr 26PDF
Nov 24PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 31PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryFour Wheelers

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Maruti Suzuki India Ltd25.544.021.14%
Mahindra and Mahindra Ltd31.374.440.67%
Tata Motors Ltd9.183.100.69%
Hyundai Motor India Ltd24.5313.947.25%

Price Comparison

Compare MARUTI with any stock or ETF
Compare MARUTI with any stock or ETF
MARUTI
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 1.30%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding58.19%14.38%6.51%17.68%3.24%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

SepNovDec '23MarJunSep21.84%20.93%20.60%19.65%18.98%17.68%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Parag Parikh Flexi Cap Fund - Growth - Direct Plan

Growth
0.9782%4.11%-1.14%8/91 (-1)
HDFC Flexi Cap Fund - Growth - Direct Plan

Growth
0.7795%4.14%1.47%8/60 (+5)
ICICI Prudential Bluechip Fund - Growth - Direct Plan

Growth
0.7468%4.04%-0.62%9/90 (-2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.14%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.41 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 2, 2024

Final
Final | Div/Share: ₹125.00

Dividend/Share

125.00

Ex DateEx Date

Aug 2, 2024

Cash Dividend

Ex DateEx DateAug 3, 2023

Final
Final | Div/Share: ₹90.00

Dividend/Share

90.00

Ex DateEx Date

Aug 3, 2023

Cash Dividend

Ex DateEx DateAug 3, 2022

Final
Final | Div/Share: ₹60.00

Dividend/Share

60.00

Ex DateEx Date

Aug 3, 2022

Cash Dividend

Ex DateEx DateAug 5, 2021

Final
Final | Div/Share: ₹45.00

Dividend/Share

45.00

Ex DateEx Date

Aug 5, 2021

Cash Dividend

Ex DateEx DateAug 13, 2020

Final
Final | Div/Share: ₹60.00

Dividend/Share

60.00

Ex DateEx Date

Aug 13, 2020

News & Opinions
Corporate
Maruti Suzuki India launches All New Dzire in petrol and S-CNG models

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

1 week agoCapital Market - Live
Spotlight
Maruti Suzuki production rises to 177,312 units in Oct'24

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

2 weeks agoCapital Market - Live
Corporate
Maruti Suzuki India records production of 1.77 lakh units in Oct'24

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

2 weeks agoCapital Market - Live
Corporate
Maruti Suzuki India opens bookings for All-New Dzire

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

2 weeks agoCapital Market - Live
Spotlight
Maruti Suzuki Oct sales climb 4% YoY to 206,434 units

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

2 weeks agoCapital Market - Live
Spotlight
Maruti Suzuki jumps on value buying

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

3 weeks agoCapital Market - Live
Earnings
Maruti Suzuki India consolidated net profit declines 18.06% in the September 2024 quarter

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

3 weeks agoCapital Market - Live
Corporate
Maruti Suzuki India approves Scheme of Amalgamation

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

3 weeks agoCapital Market - Live
Corporate
Maruti Suzuki India to hold board meeting

Maruti Suzuki India will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Maruti Suzuki launches Grand Vitara Dominion Limited Edition

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

1 month agoCapital Market - Live