About
Maruti Suzuki India Limited manufactures, purchases, and sells motor vehicles, components, and spare parts in India. The company offers passenger vehicles, utility vehicles, and multi-purpose vehicles. It is also involved in the facilitation of pre-owned car sales, fleet management, and car financing activities. In addition, the company offers driving school, insurance, accessories, and financing products and services. It also exports its products to South Africa, Saudi Arabia, Chile, Japan, Mexico, and internationally. The company was formerly known as Maruti Udyog Limited and changed its name to Maruti Suzuki India Limited in September 2007. Maruti Suzuki India Limited was incorporated in 1981 and is headquartered in New Delhi, India. Maruti Suzuki India Limited is a subsidiary of Suzuki Motor Corporation.
Key Metrics
as of Sep 2026Market Cap403,877 Cr
P/E28.20
Div Yield1.10 %
Book Value₹3,408.00
52w High₹17,372.00
52w Low₹12,201.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 52,456.00 | 52,449.00 | 49,892.00 | 42,332.00 | 38,593.00 | 40,910.00 | 38,752.00 | 37,203.00 | 35,531.00 | 38,235.00 | 33,309.00 | 37,062.00 | 32,327.00 |
| Expenses | 48,145.00 | 46,292.00 | 44,320.00 | 37,248.00 | 33,972.00 | 36,067.00 | 33,688.00 | 32,786.00 | 31,029.00 | 33,550.00 | 29,401.00 | 32,278.00 | 29,344.00 |
| Operating Profit | 4,311.00 | 6,157.00 | 5,572.00 | 5,085.00 | 4,621.00 | 4,843.00 | 5,065.00 | 4,417.00 | 4,502.00 | 4,685.00 | 3,908.00 | 4,784.00 | 2,983.00 |
| OPM % | 8.00 | 12.00 | 11.00 | 12.00 | 12.00 | 12.00 | 13.00 | 12.00 | 13.00 | 12.00 | 12.00 | 13.00 | 9.00 |
| Other Income | 1,874.00 | 500.00 | 1,054.00 | 966.00 | 1,888.00 | 1,528.00 | 1,067.00 | 1,475.00 | 975.00 | 1,118.00 | 933.00 | 844.00 | 1,001.00 |
| Depreciation | 1,780.00 | 1,748.00 | 1,734.00 | 1,703.00 | 1,556.00 | 1,461.00 | 1,429.00 | 751.00 | 731.00 | 729.00 | 752.00 | 794.00 | 748.00 |
| Interest | 64.00 | 73.00 | 62.00 | 57.00 | 47.00 | 48.00 | 46.00 | 40.00 | 57.00 | 76.00 | 35.00 | 35.00 | 46.00 |
| Profit before tax | 4,341.00 | 4,836.00 | 4,830.00 | 4,291.00 | 4,906.00 | 4,862.00 | 4,657.00 | 5,100.00 | 4,689.00 | 4,998.00 | 4,054.00 | 4,799.00 | 3,190.00 |
| Tax % | 23.00 | 26.00 | 21.00 | 23.00 | 23.00 | 21.00 | 21.00 | 40.00 | 22.00 | 22.00 | 23.00 | 23.00 | 22.00 |
| Net Profit | 3,352.00 | 3,590.00 | 3,794.00 | 3,303.00 | 3,758.00 | 3,857.00 | 3,659.00 | 3,069.00 | 3,650.00 | 3,878.00 | 3,130.00 | 3,716.00 | 2,485.00 |
| EPS in Rs | 106.62 | 114.20 | 120.67 | 105.05 | 119.53 | 122.69 | 116.39 | 97.62 | 116.09 | 123.34 | 99.55 | 123.03 | 82.27 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 183,266.00 | 152,868.00 | 140,933.00 | 117,523.00 | 88,296.00 | 70,332.00 | 75,611.00 | 86,020.00 | 79,763.00 | 68,035.00 | 57,538.00 | 49,971.00 |
| Expenses | 161,742.00 | 132,651.00 | 124,483.00 | 106,504.00 | 82,549.00 | 64,928.00 | 68,266.00 | 74,968.00 | 67,647.00 | 57,620.00 | 48,518.00 | 43,209.00 |
| Operating Profit | 21,524.00 | 20,217.00 | 16,449.00 | 11,019.00 | 5,747.00 | 5,404.00 | 7,345.00 | 11,052.00 | 12,116.00 | 10,415.00 | 9,020.00 | 6,761.00 |
| OPM % | 12.00 | 13.00 | 12.00 | 9.00 | 7.00 | 8.00 | 10.00 | 13.00 | 15.00 | 15.00 | 16.00 | 14.00 |
| Other Income | 4,318.00 | 4,997.00 | 3,807.00 | 2,150.00 | 1,748.00 | 2,887.00 | 3,378.00 | 2,508.00 | 1,991.00 | 2,237.00 | 1,326.00 | 783.00 |
| Interest | 239.00 | 194.00 | 193.00 | 187.00 | 126.00 | 101.00 | 133.00 | 76.00 | 346.00 | 89.00 | 82.00 | 206.00 |
| Depreciation | 6,740.00 | 5,607.00 | 3,022.00 | 2,823.00 | 2,786.00 | 3,032.00 | 3,526.00 | 3,019.00 | 2,758.00 | 2,602.00 | 2,820.00 | 2,470.00 |
| Profit before tax | 18,863.00 | 19,413.00 | 17,040.00 | 10,159.00 | 4,582.00 | 5,159.00 | 7,065.00 | 10,466.00 | 11,003.00 | 9,960.00 | 7,444.00 | 4,868.00 |
| Tax % | 23.00 | 26.00 | 22.00 | 21.00 | 18.00 | 18.00 | 20.00 | 28.00 | 30.00 | 26.00 | 28.00 | 24.00 |
| Net Profit | 14,445.00 | 14,298.00 | 13,209.00 | 8,049.00 | 3,766.00 | 4,230.00 | 5,651.00 | 7,501.00 | 7,722.00 | 7,350.00 | 5,364.00 | 3,711.00 |
| EPS in Rs | 459.46 | 454.75 | 420.14 | 266.46 | 124.68 | 140.02 | 187.06 | 248.30 | 255.62 | 243.32 | 177.58 | 122.85 |
| Dividend Payout % | 30.00 | 30.00 | 30.00 | 34.00 | 48.00 | 32.00 | 32.00 | 32.00 | 31.00 | 31.00 | 20.00 | 20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 157.00 | 157.00 | 157.00 | 151.00 | 151.00 | 151.00 | 151.00 | 151.00 | 151.00 | 151.00 | 151.00 | 151.00 |
| Reserves | 104,953.00 | 94,270.00 | 83,825.00 | 60,231.00 | 53,935.00 | 51,216.00 | 48,286.00 | 45,990.00 | 41,606.00 | 36,280.00 | 29,733.00 | 23,553.00 |
| Borrowings | 102.00 | 87.00 | 119.00 | 1,247.00 | 419.00 | 531.00 | 171.00 | 150.00 | 111.00 | 484.00 | 231.00 | 516.00 |
| Other Liabilities | 41,530.00 | 34,618.00 | 26,184.00 | 21,549.00 | 18,889.00 | 18,170.00 | 13,944.00 | 16,641.00 | 17,502.00 | 14,336.00 | 11,825.00 | 9,330.00 |
| Total Liabilities | 146,742.00 | 129,133.00 | 110,285.00 | 83,179.00 | 73,394.00 | 70,067.00 | 62,552.00 | 62,932.00 | 59,370.00 | 51,251.00 | 41,940.00 | 33,549.00 |
| Fixed Assets | 34,512.00 | 32,971.00 | 18,495.00 | 17,805.00 | 13,717.00 | 14,957.00 | 15,781.00 | 15,408.00 | 13,359.00 | 13,293.00 | 12,510.00 | 12,259.00 |
| CWIP | 9,838.00 | 7,929.00 | 6,534.00 | 2,897.00 | 2,929.00 | 1,490.00 | 1,337.00 | 1,600.00 | 2,126.00 | 1,252.00 | 1,007.00 | 1,883.00 |
| Investments | 74,766.00 | 64,442.00 | 68,514.00 | 47,756.00 | 40,763.00 | 41,787.00 | 36,468.00 | 36,515.00 | 35,290.00 | 28,481.00 | 19,932.00 | 12,814.00 |
| Other Assets | 27,627.00 | 23,790.00 | 16,742.00 | 14,720.00 | 15,984.00 | 11,834.00 | 8,966.00 | 9,409.00 | 8,595.00 | 8,225.00 | 8,491.00 | 6,593.00 |
| Total Assets | 146,742.00 | 129,133.00 | 110,285.00 | 83,179.00 | 73,394.00 | 70,067.00 | 62,552.00 | 62,932.00 | 59,370.00 | 51,251.00 | 41,940.00 | 33,549.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 19,063.00 | 16,131.00 | 15,167.00 | 9,228.00 | 1,791.00 | 8,839.00 | 3,405.00 | 6,593.00 | 11,785.00 | 10,279.00 | 8,484.00 | 6,321.00 |
| Cash from Investing Activity | -14,696.00 | -14,452.00 | -10,683.00 | -8,018.00 | -189.00 | -7,284.00 | -464.00 | -3,538.00 | -8,282.00 | -9,178.00 | -7,227.00 | -4,410.00 |
| Cash from Financing Activity | -4,484.00 | -4,155.00 | -4,062.00 | -1,208.00 | -1,602.00 | -1,541.00 | -3,100.00 | -2,948.00 | -3,446.00 | -1,129.00 | -1,236.00 | -1,962.00 |
| Net Cash Flow | -117.00 | -2,476.00 | 422.00 | 1.00 | 0.00 | 14.00 | -159.00 | 107.00 | 57.00 | -28.00 | 21.00 | -51.00 |
| Free Cash Flow | 8,719.00 | 5,552.00 | 8,203.00 | 2,981.00 | -1,532.00 | 6,511.00 | 6.00 | 1,893.00 | 7,920.00 | 6,907.00 | 6,030.00 | 3,172.00 |
| CFO/OP % | 109.00 | 99.00 | 114.00 | 104.00 | 52.00 | 182.00 | 66.00 | 88.00 | 122.00 | 121.00 | 115.00 | 109.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11.00 | 16.00 | 12.00 | 10.00 | 8.00 | 7.00 | 10.00 | 10.00 | 7.00 | 6.00 | 8.00 | 8.00 |
| Inventory Days | 31.00 | 23.00 | 15.00 | 18.00 | 20.00 | 22.00 | 22.00 | 20.00 | 21.00 | 25.00 | 30.00 | 28.00 |
| Days Payable | 61.00 | 57.00 | 53.00 | 50.00 | 54.00 | 73.00 | 51.00 | 59.00 | 70.00 | 65.00 | 70.00 | 56.00 |
| Cash Conversion Cycle | -19.00 | -18.00 | -26.00 | -21.00 | -26.00 | -44.00 | -19.00 | -29.00 | -42.00 | -33.00 | -32.00 | -21.00 |
| Working Capital Days | -29.00 | -24.00 | -25.00 | -27.00 | -30.00 | -47.00 | -20.00 | -30.00 | -40.00 | -36.00 | -27.00 | -27.00 |
| ROCE % | 19.00 | 22.00 | 24.00 | 15.00 | 6.00 | 5.00 | 9.00 | 19.00 | 24.00 | 24.00 | 23.00 | 19.00 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 07 Aug 2026 | 07 Aug 2026 | — | 140.00 | |
| Dividend | 01 Aug 2025 | 01 Aug 2025 | — | 135.00 | |
| Dividend | 02 Aug 2024 | — | — | 125.00 | |
| Dividend | 03 Aug 2023 | — | — | 90.00 | |
| Dividend | 03 Aug 2022 | — | — | 60.00 | |
| Dividend | 05 Aug 2021 | — | — | 45.00 | |
| Dividend | 13 Aug 2020 | — | — | 60.00 | |
| Dividend | 14 Aug 2019 | — | — | 80.00 | |
| Dividend | 14 Aug 2018 | — | — | 80.00 | |
| Dividend | 24 Aug 2017 | — | — | 75.00 | |
| Dividend | 31 Aug 2016 | — | — | 35.00 | |
| Dividend | 26 Aug 2015 | — | — | 25.00 | |
| Dividend | 27 Aug 2014 | — | — | 12.00 | |
| Other | 31 Jul 2014 | 01 Aug 2014 | — | — | E-Voting |
| Dividend | 13 Aug 2013 | — | — | 8.00 | |
| Other | 13 Aug 2013 | — | — | — | Annual General Meeting / Final Dividend Rs.8/- Per Equity Share |
| Dividend | 14 Aug 2012 | — | — | 7.50 | |
| Dividend | 24 Aug 2011 | — | — | 7.50 | |
| Dividend | 24 Aug 2010 | — | — | 6.00 | |
| Dividend | 18 Aug 2009 | — | — | 3.50 | |
| Dividend | 14 Aug 2008 | — | — | 5.00 | |
| Dividend | 22 Aug 2007 | — | — | 4.50 | |
| Dividend | 23 Aug 2006 | — | — | 3.50 | |
| Dividend | 25 Aug 2005 | — | — | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update19 Nov 2025 from crisil
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Rating update9 Jan 2025 from crisil
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Rating update5 Dec 2023 from crisil
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Rating update11 Aug 2023 from crisil
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Rating update30 Mar 2023 from crisil
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Rating update15 Sep 2022 from crisil
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