Maruti Suzuki

₹11920.9 -260.7 | 2.1%

WEBSITE BSE:532500 NSE : MARUTISUZUK 22 Oct, 16:01

Market Cap ₹374796 Cr.

Stock P/E 25.3

P/B 4.2

Current Price ₹11920.9

Book Value ₹ 2841.5

Face Value 5

52W High ₹13675

Dividend Yield 1.05%

52W Low ₹ 9738.4

Edit Ratio

Maruti Suzuki Research see more...

MSIL have good upside potential due to recent corrections in commodity prices and Fx.

Overview Inc. Year: 1981Industry: Automobiles - Passenger Cars

Maruti Suzuki India Limited is engaged within the production, buying and sale of motor vehicles, additives and spare elements. The Company's other activities accommodates facilitation of pre-owned vehicle sales, fleet management and car financing. The Company gives its products thru 3 channels, namely Nexa, Arena and Commercial. Its portfolio of Nexa merchandise consist of Baleno, XL6, Ignis, S-Cross and Ciaz. Its portfolio of Arena merchandise includes Vitara Brezza, Ertiga, Wagon-R, Dzire, Alto, Celerio, CelerioX, S-Presso, Eeco and Swift. Its portfolio of Commercial products consists of Super Carry and Eeco Cargo. Its provider services consist of Maruti Suzuki Genuine Parts, Maruti Suzuki Genuine Accessories, Maruti Suzuki Finance, Maruti Insurance, Maruti Suzuki Rewards, Maruti Suzuki Subscribe and Maruti Suzuki Driving School. The Company's plant is positioned in Palam Gurgaon Road, Gurgaon, Haryana, and at Manesar Industrial Town, Gurgaon, Haryana.

Maruti Suzuki Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Maruti Suzuki Quarterly Results

#(Fig in Cr.)	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Net Sales	26749	26512	29943	29251	32214	32535	37073	33513	38471	35779
Other Income	443	81	599	857	802	1048	829	996	1184	1061
Total Income	27192	26593	30542	30108	33016	33582	37902	34509	39655	36840
Total Expenditure	24320	24597	27172	25878	28320	29015	32283	29073	33250	30673
Operating Profit	2872	1996	3370	4230	4696	4567	5620	5436	6405	6167
Interest	56	28	31	30	164	47	35	36	76	57
Depreciation	648	652	723	1209	1240	1314	794	1302	1298	1332
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	2168	1316	2616	2991	3293	3207	4790	4099	5030	4778
Provision for Tax	364	311	566	621	653	726	1084	949	1155	1076
Profit After Tax	1804	1005	2050	2370	2640	2481	3706	3150	3875	3702
Adjustments	72	31	63	36	48	62	58	57	77	58
Profit After Adjustments	1876	1036	2113	2406	2688	2543	3764	3207	3952	3760
Adjusted Earnings Per Share	62.1	34.3	70	76.5	85.5	80.9	124.6	102	125.7	119.6

Maruti Suzuki Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Net Sales	44542	50801	57589	68085	79809	86069	75660	70372	88330	118410	141858	144836
Other Income	739	865	1481	2290	2046	2562	3334	2936	1745	2265	4094	4070
Total Income	45281	51666	59070	70375	81855	88630	78994	73308	90075	120675	145952	148906
Total Expenditure	39247	43957	48700	57727	67746	75065	68347	65020	82624	105316	123332	125279
Operating Profit	6034	7709	10369	12648	14109	13565	10647	8288	7451	15359	22620	23628
Interest	185	218	82	89	346	76	134	102	127	252	194	204
Depreciation	2116	2515	2822	2604	2760	3021	3528	3034	2789	4846	5256	4726
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	3734	4976	7585	10127	11167	10624	7103	5321	4697	10438	17425	18697
Provision for Tax	902	1185	2088	2616	3286	2973	1425	932	818	2175	3936	4264
Profit After Tax	2832	3791	5497	7511	7881	7651	5678	4389	3880	8264	13488	14433
Adjustments	21	17	-1	-1	-1	-2	-2	0	0	0	0	250
Profit After Adjustments	2853	3807	5496	7510	7880	7649	5676	4389	3880	8264	13488	14683
Adjusted Earnings Per Share	94.5	126.1	182	248.7	260.9	253.3	187.9	145.3	128.5	262.8	429	471.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	20%	26%	11%	12%
Operating Profit CAGR	47%	40%	11%	14%
PAT CAGR	63%	45%	12%	17%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	13%	17%	10%	14%
ROE Average	17%	12%	11%	15%
ROCE Average	22%	16%	15%	20%

Maruti Suzuki Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	21496	24318	30616	37075	42559	47092	49413	52501	55334	74600	85636
Minority's Interest	12	13	14	15	16	18	19	0	0	0	0
Borrowings	627	278	0	0	10	8	5	3	0	0	0
Other Non-Current Liabilities	1045	886	1051	1633	2214	2691	2885	2659	2157	2739	3716
Total Current Liabilities	8295	8981	11044	13237	15449	14161	11305	16214	17024	22767	25952
Total Liabilities	31476	34477	42726	51961	60248	63969	63628	71376	74514	100106	115304
Fixed Assets	11034	12490	12530	13311	13389	15437	15744	14989	13747	27941	27865
Other Non-Current Assets	5498	13293	22245	29852	38930	36159	39443	38290	43974	56495	64806
Total Current Assets	14944	8695	7951	8798	7930	12373	8441	18097	16793	15669	22614
Total Assets	31476	34477	42726	51961	60248	63969	63628	71376	74514	100106	115304

Maruti Suzuki Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	165	89	28	43	23	73	186	21	41	1005	1785
Cash Flow from Operating Activities	4995	6449	8483	10282	11788	6601	3496	8856	1841	10815	16801
Cash Flow from Investing Activities	-4997	-4491	-7230	-9173	-8302	-3540	-557	-7291	-239	-8821	-11865
Cash Flow from Financing Activities	-74	-2004	-1237	-1129	-3436	-2948	-3104	-1545	-1607	-1214	-4062
Net Cash Inflow / Outflow	-76	-45	16	-21	50	113	-165	20	-6	780	874
Closing Cash & Cash Equivalent	89	43	43	23	73	186	21	41	35	1785	2660

Maruti Suzuki Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	94.47	126.07	181.99	248.67	260.93	253.28	187.95	145.33	128.46	262.84	429.01
CEPS(Rs)	163.83	208.8	275.46	334.93	352.33	353.36	304.83	245.8	220.81	416.98	596.18
DPS(Rs)	12	25	35	75	80	80	60	45	60	90	125
Book NAV/Share(Rs)	711.8	805.25	1013.77	1227.65	1409.25	1559.34	1636.19	1738.43	1832.24	2372.78	2723.79
Core EBITDA Margin(%)	10.63	12.21	13.65	13.4	14.1	12.19	9.11	7.25	6.23	10.68	12.59
EBIT Margin(%)	7.87	9.27	11.78	13.21	13.46	11.86	9.02	7.34	5.27	8.72	11.97
Pre Tax Margin(%)	7.5	8.88	11.65	13.1	13.06	11.77	8.85	7.2	5.13	8.52	11.84
PAT Margin (%)	5.69	6.76	8.44	9.71	9.21	8.48	7.08	5.94	4.24	6.74	9.17
Cash Profit Margin (%)	9.93	11.25	12.78	13.08	12.44	11.83	11.47	10.05	7.28	10.7	12.74
ROA(%)	9.6	11.49	14.24	15.87	14.05	12.32	8.9	6.5	5.32	9.46	12.52
ROE(%)	13.97	16.55	20.01	22.19	19.79	17.07	11.77	8.61	7.2	12.72	16.84
ROCE(%)	17.77	21.42	27.46	29.87	28.7	23.8	14.96	10.58	8.87	16.26	21.82
Receivable days	11.08	8.57	6.92	5.96	5.69	7.64	9.76	8.05	6.61	7.92	9.78
Inventory Days	13.38	14.68	16.48	15.1	13.71	13.11	14.87	15.47	13.12	13.37	13.35
Payable days	53.15	53.87	60.93	61.6	62.62	61.7	58.83	63.44	55.08	50.04	56.11
PER(x)	20.87	29.34	20.44	24.23	33.97	26.34	22.81	47.2	58.85	31.55	29.4
Price/Book(x)	2.77	4.59	3.67	4.91	6.29	4.28	2.62	3.95	4.13	3.49	4.63
Dividend Yield(%)	0.61	0.68	0.94	1.24	0.9	1.2	1.4	0.66	0.79	1.09	0.99
EV/Net Sales(x)	1.37	2.21	1.95	2.68	3.35	2.34	1.71	2.91	2.55	2.19	2.78
EV/Core EBITDA(x)	10.09	14.57	10.85	14.42	18.97	14.85	12.17	24.69	30.29	16.88	17.41
Net Sales Growth(%)	0.54	14.05	13.36	18.23	17.22	7.84	-12.09	-6.99	25.52	34.05	19.8
EBIT Growth(%)	19.9	32.55	47.61	33.26	12.69	-7.06	-32.36	-25.07	-11.05	121.62	64.8
PAT Growth(%)	15.64	33.87	45.02	36.63	4.92	-2.92	-25.79	-22.69	-11.61	113.01	63.22
EPS Growth(%)	15.54	33.46	44.35	36.64	4.93	-2.93	-25.8	-22.67	-11.61	104.61	63.22
Debt/Equity(x)	0.09	0.03	0.01	0.01	0	0	0	0.01	0.01	0.02	0
Current Ratio(x)	1.8	0.97	0.72	0.66	0.51	0.87	0.75	1.12	0.99	0.69	0.87
Quick Ratio(x)	1.6	0.67	0.44	0.42	0.31	0.64	0.46	0.93	0.78	0.45	0.67
Interest Cover(x)	21.24	23.85	93.84	114.28	33.29	140.97	53.93	53.27	38.1	42.37	91
Total Debt/Mcap(x)	0.03	0.01	0	0	0	0	0	0	0	0	0

Maruti Suzuki Shareholding Pattern

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	56.37	56.37	56.37	56.48	56.48	56.48	58.19	58.19	58.19	58.19
FII	21.89	21.84	21.48	21.11	21.88	21.84	20.6	19.65	18.98	17.68
DII	18.01	18.1	18.26	18.63	18.13	18.22	17.7	18.92	19.43	20.82
Public	3.73	3.69	3.88	3.78	3.51	3.45	3.51	3.24	3.4	3.31
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	17.03	17.03	17.03	17.06	17.06	17.06	18.3	18.3	18.3	18.3
FII	6.61	6.6	6.49	6.38	6.61	6.6	6.48	6.18	5.97	5.56
DII	5.44	5.47	5.52	5.63	5.48	5.5	5.57	5.95	6.11	6.55
Public	1.13	1.11	1.17	1.14	1.06	1.04	1.1	1.02	1.07	1.04
Others	0	0	0	0	0	0	0	0	0	0
Total	30.21	30.21	30.21	30.21	30.21	30.21	31.44	31.44	31.44	31.44

Pros

Company is almost debt free.

Cons

Company has a low return on equity of 12% over the last 3 years.
Debtor days have increased from 50.04 to 56.11days.
Stock is trading at 4.2 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Maruti Suzuki News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Maruti Suzuki

Add Watchlist

Maruti Suzuki Research see more...

Overview Inc. Year: 1981Industry: Automobiles - Passenger Cars

Maruti Suzuki Share Price

Alert Data

Quarterly Price

Peer Comparison

Maruti Suzuki Quarterly Results

Maruti Suzuki Profit & Loss

Growth Rates

Maruti Suzuki Balance Sheet

Maruti Suzuki Cash Flow

Maruti Suzuki Ratios

Maruti Suzuki Shareholding Pattern

Maruti Suzuki News

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!