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Maruti Suzuki India share price & results

Maruti Suzuki India Limited· Automobile and Auto Components· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

A leading Indian passenger-vehicle maker and the country's top car exporter, part of the Suzuki group.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue52,470 ₹ crore+35.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin8.0 %−4.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit3,447 ₹ crore−9.1% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity14.09 %−1.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin4.78 %+1.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)26.61 %+12.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

7 of 11 judged targets kept · 11 open · verdicts reflect calls analysed to Q4 FY26.

Maruti Suzuki India Limited management guidance track record on Inve: 22 targets tracked across analysed earnings calls (7 achieved, 4 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Kharkhoda Plant CommissioningCommissioned by end of FY25
Call transcript, Q2 FY25 · 29 Oct 2024		Q2 FY25Q4 FY26:Promise previously achieved.
Call transcript, Q4 FY26 · 28 Apr 2026		Achieved
e VITARA Sales Volumeabout 70,000 units in FY26
Call transcript, Q4 FY25 · 25 Apr 2025		Q4 FY25Q4 FY26:No specific sales volume for e VITARA was disclosed for FY26. Management mentioned 'encouraging initial responses' but also being 'constrained by production capacity'. The target of 70,000 units was not confirmed or addressed.
Call transcript, Q4 FY26 · 28 Apr 2026		Ghosted
Total Models~28 models by end of decade
Call transcript, Q2 FY25 · 29 Oct 2024		Q2 FY25Q4 FY26:Management mentioned higher new model expenses, indicating continued investment in the product pipeline. The long-term plan remains intact.
Call transcript, Q4 FY26 · 28 Apr 2026		On Track

Source: Inve Guidance Tracker for Maruti Suzuki India Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of Maruti Suzuki India Limited's 22 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 19 more targets are in the full ledger.

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Price

₹11,220 −0.09% · −₹10

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −31.1% 1Y

₹12k₹14k₹16kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 31 Oct 2025Q3 FY26 — 28 Jan 2026Q4 FY26 — 28 Apr 2026

1Y: ₹16,274 on 24 Oct 2025 → ₹11,220. High ₹17,292 (6 Jan 2026), low ₹11,170 (22 Oct 2026).

Previous close
₹11,230
Market cap
₹3.6L Cr
52-week range
₹11,170 – ₹17,292
One year
−31.54%
Price to earnings (TTM to Jun 2026)
25.16×
Return on equity (TTM to Jun 2026)
14.09%

Overview

Symbol
NSE:MARUTI
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Maruti Suzuki India Limited does

Based on the company's own presentations, annual report and earnings calls.

Maruti Suzuki India designs, manufactures and sells passenger vehicles in India and exports them worldwide, earning primarily from selling cars spanning small cars to SUVs, vans and light commercial vehicles, along with sales to other OEMs. It sold 2.42 million vehicles in FY26 and is India's largest exporter of passenger vehicles, contributing about 49% of the country's PV exports that year. Manufacturing is based at plants in Haryana and Gujarat, and the range now includes its first battery electric vehicle. The wholly-owned Suzuki Motor Gujarat subsidiary was amalgamated into the company effective 1 December 2025.

Segments

  • Mini
  • Compact
  • Mid-Size
  • Utility Vehicles (UVs)
  • Vans
  • Light Commercial Vehicles (LCV)
  • Sales to other OEM
Manufacturing footprint
Plants at Gurgaon and Manesar (Haryana) and Hansalpur (Gujarat), with a new plant at Kharkhoda (Haryana) being commissioned
Export position
India's No.1 passenger-vehicle exporter (~49% of national PV exports, FY26)
Corporate structure
Wholly-owned subsidiary Suzuki Motor Gujarat amalgamated into MSIL (1 Dec 2025)
Electric vehicles
Launched e VITARA, its first battery electric vehicle, for Indian and global markets
Safety standard
6 airbags standard across over 99% of the passenger-vehicle lineup
Bharat NCAP 5-star models
Dzire, VICTORIS, e VITARA and Invicto
Founded 1981Headquarters New Delhi, India Company website

How the price took the results

close before → close after

Q4 FY26
−2.5%
28 Apr
Q3 FY26
−2.4%
28 Jan
Q2 FY26
−0.1%
31 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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