🔔 Product Launch Alert
Maruti Suzuki to unveil its first electric SUV, the e Vitara, at the Bharat Mobility Expo 2025, featuring two battery pack options.
Maruti Suzuki India Ltd Analyst Rating
based on 43 analysts
69.77%
Buy
23.26%
Hold
6.98%
Sell
Based on 43 analysts offering long term price targets for Maruti Suzuki India Ltd. An average target of ₹13303.86
Source: S&P Global Market Intelligence
Maruti Suzuki India Ltd Share analysis
Maruti Suzuki India Ltd price forecast by 43 analysts
Upside of22.04%
High
₹16600
Target
₹13303.86
Low
₹10800
Maruti Suzuki India Ltd target price ₹13303.86, a slight upside of 22.04% compared to current price of ₹10822. According to 43 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Maruti Suzuki India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:17.57%
Forecast
Actual
Including amortisation and stock based compensations
Maruti Suzuki India Ltd EPS growth forecast
EPS estimate Q1, FY2026:21.45%
Forecast
Actual
Source: S&P Global Market Intelligence
Maruti Suzuki India Ltd Performance
Day's Low
Day's High
₹10,755.4Day's Price Range₹10,989.852 Week's Low
52 Week's High
₹9,737.6552-Week Price Range₹13,680
| Returns % | |
| 1 Month Return | -1.13 % |
| 3 Month Return | -14.05 % |
| 1 Year Return | + 6.14 % |
| Market Stats | |
| Previous Close | ₹10,901.05 |
| Open | ₹10,928.00 |
| Volume | 2.37L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,42,731.82Cr |
Maruti Suzuki India Ltd Key Statistics
| P/E Ratio | 24.57 |
| PEG Ratio | 0.3 |
| Market Cap | ₹3,42,731.82 Cr |
| P/B Ratio | 4.72 |
| EPS | 429.01 |
| Dividend Yield | 0.99 |
| Sector | Automobile |
| ROE | 14.39 |
Maruti Suzuki India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹3,42,731.82 Cr | 9.62% | 0.52 | ₹13,488 Cr | ₹1,41,858 Cr | |
| BUY | ₹2,66,531.85 Cr | 62.26% | 0.68 | ₹31,806 Cr | ₹4,37,927 Cr | |
| BUY | ₹3,61,413.00 Cr | 90.53% | 0.54 | ₹12,269 Cr | ₹1,39,078 Cr | |
| HOLD | ₹35,376.31 Cr | 81.2% | 0.51 | ₹1,049 Cr | ₹8,849 Cr | |
| BUY | ₹63,804.86 Cr | 34.08% | 0.64 | ₹2,696 Cr | ₹46,542 Cr |
Maruti Suzuki India Ltd Mutual Fund Holdings
About Maruti Suzuki India Ltd
Maruti Suzuki India Ltd is India's largest passenger car manufacturer with a market share approximately 50%. Its popular products include Maruti Alto, Maruti Wagon R, Maruti Swift, Maruti Baleno, Maruti Dzire and Maruti Ertiga. Maruti Suzuki also offers a wide range of popular brands such as Maruti Suzuki Omni, Maruti Suzuki Eeco, Maruti Suzuki Celerio, Maruti Suzuki Vitara Brezza, Maruti Suzuki S-Cross and Maruti Suzuki Ignis.
Share Price: ₹10822.00 per share as on 23 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,42,731.82Cr as of today
Revenue: ₹35,586.50Cr as on September 2024 (Q3 24)
Net Profit: ₹3,102.50Cr as on September 2024 (Q3 24)
Listing date: 09 Jul, 2003
Chairperson Name: R C Bhargava
| Organisation | Maruti Suzuki India Ltd |
| Headquarters | |
| Industry | Automobile |
| E-voting on shares | Click here to vote |
Key events for Maruti Suzuki India Ltd
Maruti Suzuki Faces Sales Challenges Amid New Launch - 23 Dec, 2024
Maruti Suzuki India Limited is set to unveil its first electric SUV, the e Vitara, while facing sales challenges with the Invicto compared to Toyota's Innova. The company's shares closed lower, reflecting market concerns.Maruti Suzuki Unveils eVitara and EV Ecosystem Plans - 20 Dec, 2024
Maruti Suzuki India Ltd shares rose as the company announced its first electric SUV, eVitara, and plans for a comprehensive EV ecosystem, showcasing at Bharat Mobility Global Expo 2025.Maruti Suzuki Hits 2 Million Production Milestone - 17 Dec, 2024
Maruti Suzuki India Ltd. has become the first Indian automaker to produce 2 million vehicles in a calendar year, with the Ertiga as the milestone vehicle. This achievement underscores the company's commitment to the Make in India initiative and reflects India's growing manufacturing capabilities.Maruti Suzuki to Launch Electric Car at Expo - 16 Dec, 2024
Maruti Suzuki is set to unveil its first electric car at the Bharat Mobility Global Expo on January 17, 2025, highlighting its commitment to the EV market.Maruti Suzuki Sees Growth Amid New Launches - 13 Dec, 2024
Maruti Suzuki India reports a 5% increase in unit dispatches. JM Financial recommends buying the stock, while the company prepares for EV launches in 2025.Maruti Suzuki Faces Sales Decline Amid Price Hike - 12 Dec, 2024
Maruti Suzuki announced a 4.3% decline in passenger vehicle sales while planning a price hike of up to 4% effective January 2025. The company aims to expand its service network significantly by FY31.Maruti Suzuki Expands Discounts and Service Network - 11 Dec, 2024
Maruti Suzuki announces significant discounts on models like Jimny and Grand Vitara, while also planning to expand its service network to 8,000 touchpoints by FY31, enhancing customer service and convenience.Maruti Suzuki Announces Price Hike and Partnerships - 10 Dec, 2024
Maruti Suzuki India Ltd will increase prices by 4% across all models. The company has partnered with Saraswat Bank for financing solutions and plans to launch its first electric car in January 2025.Maruti Suzuki Announces Price Hike and Stock Update - 09 Dec, 2024
Maruti Suzuki plans a price hike of up to 4% starting January 2025 due to rising costs. The stock trades slightly lower at Rs 11,288.20.Maruti Suzuki Announces Price Hike, Shares Rise - 07 Dec, 2024
Maruti Suzuki, India's largest carmaker, plans to increase prices by up to 4%. Following the announcement, shares rose by 1.7% before closing 1.2% higher.Maruti Suzuki Announces Price Hike, Shares Surge - 06 Dec, 2024
Maruti Suzuki announced a price hike of up to 4% effective January 2025, leading to a 4% surge in its shares. The increase addresses rising input costs. The company is also gearing up for new vehicle launches, including the eVitara, marking its entry into the electric vehicle segment.Maruti Dzire Sees Strong Demand Post-Launch - 05 Dec, 2024
Maruti Suzuki's new Dzire has garnered 30,000 bookings and delivered 5,000 units within a month of its launch, indicating strong market demand and positive reception.Maruti Suzuki Reports Sales Decline Amid Dzire Success - 04 Dec, 2024
Maruti Suzuki's new Dzire achieves a 5-star safety rating and dominates sales, but the company faces a 16% decline in November sales and an 18% drop in net profit.Maruti Suzuki Brezza Variants and Pricing Announced - 03 Dec, 2024
Maruti Suzuki India Ltd has launched the Brezza in 10 variants, with prices ranging from Rs 8.34 lakh for the entry-level LXI to Rs 13.98 lakh for the top ZXI plus AT variant.Maruti Suzuki Reports Strong Sales Growth in November - 02 Dec, 2024
Maruti Suzuki India achieved a 10.4% increase in total sales for November 2024, with domestic sales up 8.06%. Despite a decline in net profit, shares surged over 2% following positive sales figures and production growth of 14% YoY.Maruti Suzuki Reports Strong November Sales Growth - 01 Dec, 2024
In November, Maruti Suzuki reported a 5% increase in domestic passenger vehicle wholesales, driven by rural demand and strong SUV sales. The Dzire compact sedan gained significant traction with 1,000 daily bookings. Overall, the company showcased robust performance across its vehicle segments.Maruti Suzuki Enhances Offerings with New CNG Trim - 30 Nov, 2024
Maruti Suzuki is set to launch a new top-spec CNG trim for the Baleno, aiming to attract more customers. D.D. Goyal highlights GST's positive impact on the automotive sector.Maruti Suzuki Prepares for Electric SUV Launch - 29 Nov, 2024
Maruti Suzuki is set to debut the e-Vitara electric SUV in 2025, with production at its Gujarat plant aimed at both domestic and export markets.Maruti Suzuki Faces Sales Decline Amid New Launch - 28 Nov, 2024
Maruti Suzuki India Ltd faced a notable sales decline in November, despite assurances. However, the launch of the revamped Dzire received a 5-star safety rating, boosting its profile.Maruti Suzuki Reaches 3 Million Export Milestone - 27 Nov, 2024
Maruti Suzuki has achieved a significant milestone by exporting its 3-millionth vehicle, reflecting India's automobile manufacturing excellence. The company thanks the Government of India for supportive policies that have aided export growth.
Insights on Maruti Suzuki India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 36.89K Cr → 39.01K Cr (in ₹), with an average increase of 5.4% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 13.26% to 14.38% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Mahindra & Mahindra Ltd has given 74.8% return, outperforming this stock by 68.7%
- NO EFFECT
Against Peers
In the last 3 years, Mahindra & Mahindra Ltd has given 251.5% return, outperforming this stock by 203.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.19% of holdings in Sep 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 3 months, MARUTI stock has moved down by -14.1%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 3.32% to 3.23% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 3.95K Cr → 3.10K Cr (in ₹), with an average decrease of 11.2% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 18.98% to 17.68% in Sep 2024 quarter
News
SpiceJet's Ownership of Q400 Aircraft: A Turning Point for the Airline
SpiceJet, which is back from the brink again, has been on a settlement spree with its lessors and lenders. As part of its settlement, it has paid INR 763 crore to settle a dispute with Export Development Canada. The airline says that it will lead to a saving of INR 574 crore. This settlement has led to SpiceJet acquiring full ownership of 13 Q400 aircraft. This is in addition to the six such aircraft which were transferred to SpiceJet in April, post settlement with lessor NAC. The owned aircraft for SpiceJet now goes up to 19 Q400. As of mid-October, data released by regulator DGCA shows that the airline has 23 Q400 aircraft in its fleet. With 19 of these now owned, the Q400 fleet of the airline has the potential to be a game changer. The impact of this is multifold for SpiceJet. Building up assets The airline has long had a negative net worth. Its finances before the fund infusion recently were worse than what it had in December 2014, when it shut operations for a few hours and led to a change in management. With leased planes, overdue leases and even mandatory regulatory dues not paid; the going was getting tough for SpiceJet. The infusion of over INR 3,000 crore in the last one year and subsequent settlement with lessors in the form of transfer of title means that the airline will have assets to show in its balance sheet. This will have a positive impact and potentially be used to raise more funding in future. No more lease rentals With complete ownership of the planes, SpiceJet is now free from lease rentals and a settlement means this is not a finance lease as well. This means the airline is neither paying a lease rental nor paying the banks for funding this plane. It is free of any encumbrances. This sets the airline on a course where very few airlines in India have been, since most of the industry focuses on sale and lease-back to raise cash and not have assets on the balance sheet. More UDAN flights SpiceJet has been one of the laggards when it comes to RCS-UDAN flight operationalisation and continuation. There have been many cases where the airline started services and then left, largely as it battled a dwindling fleet. Most, if not all, of RCS-UDAN routes of SpiceJet are scheduled on the Q400 fleet. As more Q400s get operational, the airline has already launched some RCS-UDAN routes and reinstating others. The RCS-UDAN routes come with multiple benefits. From having a monopoly in most cases to the government providing Viability Gap Funding along with a waiver of certain charges at airports, the three-year exclusivity period helps project a certain revenue for the airline — which may be difficult in other commercial routes. Ability to lease it out The airline has in the past operated wet-leased operations for flybig on the Delhi-Shillong route, where flybig was the airline which won the bids but did not have planes to operate the long route and instead used Spicejet aircraft to operate. With the Q400 out of production and SpiceJet having a healthy count now on its own books, SpiceJet could wet-lease out the planes along with engineering services to carriers on a short-term, temporary or long-term basis. This will ensure a steady flow of revenue coming in. This would be coming a full circle for an airline which has been relying on wet-leased aircraft to operate its flights.23 Dec, 2024 04:45 PMIndiGo Upgraded by Elara with 20% Upside Potential
Nuvama has also released a note on the aviation sector and maintained its hold call on the shares of IndiGo and SpiceJet given near term weakness in industry, it said. Meanwhile, SpiceJet and IndiGos scheduled flights have gone up 25% and 27% on a month-on-month basis in December 2024. While SpiceJet has gained 45 basis points of market share, IndiGo has upped its share by 32 basis points at the cost of Air India Groups share falling by 65 basis points. SpiceJet stock was up a percent at ₹58.44 on BSE at 11:35 am.23 Dec, 2024 11:46 AMSpiceJet Expects Return of Grounded B737 MAX Planes by April
SpiceJet expects 3 grounded B737 MAX planes to return to service by April. The airline stated that it has partnered with US-based MRO (maintenance, repair, and overhaul) provider StandardAero to restore its Boeing 737-8 MAX fleet. SpiceJet currently has 36 grounded aircraft, including seven Boeing 737 MAX planes. The airline aims to bring these planes back into service by the end of 2026. SpiceJet chairman and managing director Ajay Singh said the return of three fuel-efficient Boeing 737 MAX planes would provide a significant boost to the airlines financial health. The airline has been working to strengthen its fleet and resolve outstanding disputes after raising ₹3,000 crore recently. In the past two months, it has resolved disputes with multiple lessors, including Export Development Canada, Engine Lease Finance Corporation, Babcock & Brown Aircraft Management, Aircastle (Ireland), Wilmington Trust SP Services (Dublin) and Shannon Engine Support. On Thursday, SpiceJet settled a dispute of over $16 million with Dublin-headquartered commercial aircraft leasing company Genesis Aircraft Services. Under the agreement, SpiceJet will pay Genesis $6 million and Genesis will acquire $4 million in SpiceJet equity for Rs 100 per share. The airline has also recently cleared all the employee statutory dues including PF and GST.21 Dec, 2024 01:15 AMMaruti Suzuki India Ltd Financials
Index Inclusions
Maruti Suzuki India Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 58.19% | 0.00 | |
| Foreign Institutions | 17.68% | ||
| Mutual Funds | 14.38% | 8.43 | |
| Retail Investors | 3.23% | ||
| Others | 6.51% | 4.31 |
Maruti Suzuki India Ltd Key Indicators
Maruti Suzuki India Ltd Valuation
Maruti Suzuki India Ltd in the last 5 years
Lowest (20.61x)
March 23, 2020
Today (24.57x)
December 19, 2024
Industry (35.63x)
December 19, 2024
Highest (83.31x)
February 9, 2022
Maruti Suzuki India Ltd Earnings and Dividends
Maruti Suzuki India Ltd Earnings Results
Maruti Suzuki India Ltd’s net profit fell -18.06% since last year same period to ₹3,102.50Cr in the Q2 2024-2025. On a quarterly growth basis, Maruti Suzuki India Ltd has generated -17.48% fall in its net profits since last 3-months.
Read More about Earnings ResultsMaruti Suzuki India Ltd Dividends April,2024
In the quarter ending March 2024, Maruti Suzuki India Ltd has declared dividend of ₹125 - translating a dividend yield of 1.99%.
Read More about Dividends
Maruti Suzuki India Ltd Technicals Summary
Bearish
Neutral
Bullish
Maruti Suzuki India Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Maruti Suzuki India Ltd (MARUTI) share price today is ₹10822
Maruti Suzuki India Ltd is listed on NSE
Maruti Suzuki India Ltd is listed on BSE
- Today’s highest price of Maruti Suzuki India Ltd is ₹10989.8.
- Today’s lowest price of Maruti Suzuki India Ltd is ₹10755.4.
PE Ratio of Maruti Suzuki India Ltd is 24.57
PE ratio = Maruti Suzuki India Ltd Market price per share / Maruti Suzuki India Ltd Earnings per share
Today’s traded volume of Maruti Suzuki India Ltd(MARUTI) is 2.37L.
Today’s market capitalisation of Maruti Suzuki India Ltd(MARUTI) is ₹342731.82Cr.
| Maruti Suzuki India Ltd(MARUTI | Price |
|---|---|
52 Week High | ₹13680 |
52 Week Low | ₹9737.65 |
Maruti Suzuki India Ltd(MARUTI) share price is ₹10822. It is down -20.89% from its 52 Week High price of ₹13680
Maruti Suzuki India Ltd(MARUTI) share price is ₹10822. It is up 11.14% from its 52 Week Low price of ₹9737.65
| Maruti Suzuki India Ltd(MARUTI | Returns |
|---|---|
1 Day Returns | -79.05% |
1 Month Returns | -1.13% |
3 Month Returns | -14.05% |
1 Year Returns | 6.14% |