Analysts/Institutional Investor Meet/Con. Call Updates2 Nov 2026 · 21:08
Maruti Suzuki India Limited has informed the Exchange about Transcript
Markets / Nifty 50 / Automobile and Auto Components
Price
Daily closing prices, adjusted for bonuses and splits
Returns against the Nifty 50
| Return | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|
| MARUTI | +3.6% | +4.0% | −15.5% | −12.6% | −22.0% | +16.7% | +54.8% |
| Nifty 50 | +5.6% | +6.2% | −2.7% | −1.5% | −6.4% | +24.6% | +33.7% |
Price returns, without dividends. Source: NSE end-of-day data.
Check-up
Where MARUTI sits against the Nifty 50 and its industry. Facts, not advice.
Price return
−21.98%
Over 1 year. The Nifty 50 returned −6.40%, so MARUTI trailed it by 15.6 percentage points.
Valuation (PE)
28.0
Price is 28.0 times the last four quarters' earnings per share, higher than the Nifty 50's PE of 19.8 and the 4 industry peers' median of 21.1.
Growth
+26.0%
Revenue in Q2 FY27 compared with the same quarter a year earlier. Net profit changed −26.4%.
Profitability (ROE)
12.3%
Profit over the last four quarters as a share of shareholders' equity. Net margin is 6.5%.
Debt
0.00×
Borrowings are 0.00 times shareholders' equity (latest balance sheet, 30 Sep 2026).
Volatility
1.75×
Daily price moves over the last year were 1.75 times as large as the Nifty 50's (annualised volatility 24.2%).
What the latest numbers show
Calculated by stockER from the company's filings and NSE data.
Positives 3
- Revenue up 26.0% from a year ago₹53,356 cr in Q2 FY27, against ₹42,344 cr in Q2 FY26.
- Borrowings fell 100.0% in a year₹0 cr on 30 Sep 2026, against ₹34 cr a year earlier.
- Operating cash flow of ₹19,100 crCash generated by the business in the year to 31 Mar 2026.
Watch points 3
- Net profit down 26.4% from a year ago₹2,466 cr in Q2 FY27, against ₹3,349 cr in Q2 FY26.
- Net margin narrowed to 4.6%From 7.9% in Q2 FY26.
- Foreign institutional holding down 3.36 points in a year12.42% on 30 Sep 2026, from 15.78%.
Financials
Consolidated results as filed with NSE. ₹ crore unless stated.
Revenue
Net profit
EPS (₹)
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 38,764 | 40,920 | 38,605 | 42,344 | 49,904 | 52,462 | 52,470 | 53,356 |
| Other income | 1,058 | 1,511 | 1,888 | 946 | 1,055 | 484 | 1,874 | 414 |
| Total expenses | 35,163 | 37,586 | 35,585 | 39,018 | 46,127 | 48,125 | 50,000 | 50,619 |
| EBITDA | 6,134 | 6,355 | 6,511 | 6,032 | 6,628 | 6,642 | 6,187 | 5,178 |
| Depreciation | 1,429 | 1,462 | 1,556 | 1,703 | 1,735 | 1,748 | 1,780 | 1,960 |
| Finance cost | 46 | 48 | 47 | 57 | 62 | 73 | 64 | 68 |
| PBIT | 4,705 | 4,893 | 4,955 | 4,329 | 4,894 | 4,894 | 4,407 | 3,218 |
| Profit before tax | 4,659 | 4,846 | 4,908 | 4,272 | 4,832 | 4,821 | 4,344 | 3,150 |
| Tax | 999 | 1,007 | 1,151 | 990 | 1,038 | 1,259 | 994 | 753 |
| Net profit | 3,727 | 3,911 | 3,792 | 3,349 | 3,879 | 3,659 | 3,447 | 2,466 |
| EPS (₹) | 118.54 | 124.40 | 120.62 | 106.52 | 123.38 | 116.38 | 109.63 | 78.44 |
| ₹ crore | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue from operations | 1,17,571 | 1,41,395 | 1,52,913 | 1,83,316 |
| Other income | 2,284 | 3,988 | 5,153 | 4,373 |
| Total expenses | 1,09,710 | 1,28,294 | 1,38,690 | 1,68,856 |
| EBITDA | 13,206 | 21,424 | 25,178 | 25,813 |
| Depreciation | 2,826 | 4,142 | 5,608 | 6,742 |
| Finance cost | 187 | 194 | 194 | 239 |
| PBIT | 10,381 | 17,282 | 19,570 | 19,072 |
| Profit before tax | 10,194 | 17,089 | 19,376 | 18,833 |
| Tax | 2,112 | 3,894 | 5,120 | 4,439 |
| Net profit | 8,211 | 13,449 | 14,500 | 14,680 |
| ₹ crore | MAR 2024 | SEP 2024 | MAR 2025 | SEP 2025 | MAR 2026 | SEP 2026 |
|---|---|---|---|---|---|---|
| Total assets | 1,15,353 | 1,21,696 | 1,31,972 | 1,38,453 | 1,48,881 | 1,54,802 |
| Current assets | 22,614 | 23,752 | 29,524 | 30,632 | 38,957 | 33,769 |
| Inventories | 5,318 | 6,977 | 6,913 | 10,850 | 11,321 | 12,809 |
| Cash and equivalents | 2,660 | 1,954 | 184 | 298 | 67 | 892 |
| Total liabilities | 29,717 | 32,570 | 35,732 | 38,709 | 41,725 | 45,800 |
| Current liabilities | 25,954 | 27,433 | 30,570 | 33,472 | 36,480 | 40,309 |
| Borrowings | 33 | 15 | 0 | 34 | 0 | 0 |
| Shareholders' equity | 85,636 | 89,126 | 96,240 | 99,744 | 1,07,156 | 1,09,002 |
| Equity attributable to owners | 85,636 | 89,126 | 96,240 | 99,744 | 1,07,156 | 1,09,002 |
Balance sheets are filed every half year (September and March).
| ₹ crore | 6M to SEP 2022 | 12M to MAR 2025 | 6M to SEP 2025 | 12M to MAR 2026 | 6M to SEP 2026 |
|---|---|---|---|---|---|
| From operations | 5,084 | 16,136 | 4,971 | 19,100 | 5,519 |
| From investing | −3,427 | −14,456 | −514 | −14,734 | −162 |
| From financing | −1,668 | −4,155 | −4,344 | −4,484 | −4,532 |
| Capital expenditure | 3,740 | 10,250 | 5,673 | 10,123 | 8,457 |
| Free cash flow | 1,344 | 5,886 | −702 | 8,977 | −2,938 |
Cash flow statements are filed every half year; figures are for the period shown.
EBITDA here is profit before tax plus finance cost and depreciation. Annual figures add up the four quarters of each financial year. Source: company filings on NSE (XBRL).
Peers
Automobile and Auto Components companies in the Nifty 50.
| Company | Price | Market cap | PE | PB | ROE | Div. yield | 1Y return |
|---|---|---|---|---|---|---|---|
| Maruti Suzuki India Ltd.MARUTI | ₹11,995.00 | ₹3.77 lakh cr | 28.0 | 3.46 | 12.3% | 1.17% | −22.0% |
| Mahindra & Mahindra Ltd.M&M | ₹2,961.90 | ₹3.68 lakh cr | 19.9 | 3.96 | 19.8% | 1.11% | −17.3% |
| Bajaj Auto Ltd.BAJAJ-AUTO | ₹10,608.00 | ₹2.92 lakh cr | 22.3 | 7.96 | 35.7% | 1.41% | +21.2% |
| Eicher Motors Ltd.EICHERMOT | ₹7,420.00 | ₹2.04 lakh cr | 35.3 | 8.12 | 23.0% | 1.11% | +7.1% |
| Tata Motors Passenger Vehicles Ltd.TMPV | ₹278.50 | ₹1.03 lakh cr | 1.3 | 0.92 | 70.7% | 1.08% | −31.5% |
Price comparison
Change in price from the start of the period
MARUTINifty 50M&MBAJAJ-AUTO
Events
Dividends, bonuses and splits from NSE's corporate actions.
Dividend paid in 5 of the last 5 calendar years (2022–2026)Over the last 12 months: ₹140.00 per share (adjusted for bonuses and splits), a yield of 1.17% at today's price.
Past dividends
Dividend
Dividend - Rs 140 Per SharePer share
₹140.00Ex-date
7 Aug 2026
Dividend - Rs 140 Per SharePer share
₹140.00Ex-date
7 Aug 2026
Dividend
Dividend - Rs 135 Per SharePer share
₹135.00Ex-date
1 Aug 2025
Dividend - Rs 135 Per SharePer share
₹135.00Ex-date
1 Aug 2025
Dividend
Dividend - Rs 125 Per SharePer share
₹125.00Ex-date
2 Aug 2024
Dividend - Rs 125 Per SharePer share
₹125.00Ex-date
2 Aug 2024
Dividend
Dividend - Rs 90 Per SharePer share
₹90.00Ex-date
3 Aug 2023
Dividend - Rs 90 Per SharePer share
₹90.00Ex-date
3 Aug 2023
Dividend
Dividend - Rs 60 Per SharePer share
₹60.00Ex-date
3 Aug 2022
Dividend - Rs 60 Per SharePer share
₹60.00Ex-date
3 Aug 2022
Dividend
Dividend - Rs 45 Per SharePer share
₹45.00Ex-date
5 Aug 2021
Dividend - Rs 45 Per SharePer share
₹45.00Ex-date
5 Aug 2021
Dividend
Dividend - Rs 60 Per SharePer share
₹60.00Ex-date
13 Aug 2020
Dividend - Rs 60 Per SharePer share
₹60.00Ex-date
13 Aug 2020
Dividend
Dividend - Rs 80 Per SharePer share
₹80.00Ex-date
14 Aug 2019
Dividend - Rs 80 Per SharePer share
₹80.00Ex-date
14 Aug 2019
Bonuses, splits and other actions
E-VotingEx-date
31 Jul 2014
31 Jul 2014
Agm/Div-Rs.3.50 Per ShareEx-date
18 Aug 2009
18 Aug 2009
Filings and updates
The company's own announcements to NSE: results, dividends, presentations and board decisions.
Annual report 2025–26Open (PDF / ZIP)
Annual report 2024–25Open (PDF / ZIP)
Annual report 2023–24Open (PDF / ZIP)
Annual report 2022–23Open (PDF / ZIP)
Annual report 2021–22Open (PDF / ZIP)
Press Release1 Nov 2026 · 13:45
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated November 01, 2026, titled "Maruti Suzuki sales in October 2026".
Press Release29 Oct 2026 · 10:50
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated October 29, 2026, titled "Maruti Suzuki, India s No. 1 Electric Vehicle exporter, crosses EV exports of 50,000 units".
Investor Presentation27 Oct 2026 · 15:44
Maruti Suzuki India Limited has informed the Exchange about Investor Presentation
Press Release27 Oct 2026 · 15:39
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated October 27, 2026, titled "Maruti Suzuki India Limited Financial Results Q2 and H1 FY 2026-27".
Outcome of Board Meeting27 Oct 2026 · 15:27
Maruti Suzuki India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Acquisition27 Oct 2026 · 13:18
Maruti Suzuki India Limited has informed the Exchange about Incorporation of Wholly Owned Subsidiary
Press Release24 Oct 2026 · 10:25
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated October 24, 2026, titled "Maruti Suzuki VICTORIS AURUM Edition Launched to Celebrate 1 Year of Record Sales Success".
Analysts/Institutional Investor Meet/Con. Call Updates21 Oct 2026 · 15:39
Maruti Suzuki India Limited has informed the Exchange about Schedule of meet
Press Release1 Oct 2026 · 12:59
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated October 01, 2026, titled "Maruti Suzuki sales in September 2026".
Press Release24 Sep 2026 · 11:18
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated September 24, 2026, titled "Maruti Suzuki commissions its first green hydrogen plant at its Manesar facility in Haryana".
Press Release18 Sep 2026 · 20:39
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated September 18, 2026, titled "Maruti Suzuki Launches Auto Green Mission with the introduction of Automatic S-CNG Swift, Dzire and Baleno".
Frequently asked questions
What is the share price of Maruti Suzuki India Ltd. (MARUTI)?
MARUTI closed at ₹11,995.00 on NSE on 4 Nov 2026, +1.06% on the day. stockER shows end-of-day prices, updated after the market closes.
What is the market cap of MARUTI?
₹3.77 lakh cr, based on 31.44 crore shares and the latest closing price. That makes it #17 by size in the Nifty 50.
What are the PE and PB ratios of MARUTI?
PE 28.04 on earnings per share of ₹427.83 over the last four quarters; PB 3.46 on the latest reported equity.
What is the 52-week high and low of MARUTI?
High ₹17,370.00 on 5 Jan 2026, low ₹10,985.00 on 22 Oct 2026 (adjusted for bonuses and splits).
What is the dividend yield of MARUTI?
1.17%: dividends of ₹140.00 per share with ex-dates in the last 12 months, divided by the latest price.
What return has MARUTI given?
1 year −22.0%, 3 years +16.7%, 5 years +54.8% (price only, dividends not included).
Which sector is MARUTI in?
NSE classifies Maruti Suzuki India Ltd. under Automobile and Auto Components. Other Nifty 50 companies in it: BAJAJ-AUTO, EICHERMOT, M&M, TMPV.
Who owns MARUTI?
On 30 Sep 2026, promoters held 58.72% and the public 41.28%.
How can I buy MARUTI shares?
Through a SEBI-registered stockbroker with a demat and trading account. stockER is an information site only: it doesn't sell shares or recommend buying or selling any of them.