Shares of Maruti Suzuki India fell as much as 1.2% on Monday morning to a low of Rs 16,086 on NSE. Maruti Suzuki stock is a constituent of the benchmark index, NSE Nifty 50.
Financial Highlights
Maruti Suzuki India's financial performance showcases consistent growth in revenue and net profit over the past few years. An overview of the company's consolidated financial results is as follows:
Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Revenue | Rs 70,372 Crore | Rs 88,329.80 Crore | Rs 117,571.30 Crore | Rs 141,858.20 Crore | Rs 152,913.00 Crore |
Net Profit | Rs 4,220.10 Crore | Rs 3,717.60 Crore | Rs 8,033.60 Crore | Rs 13,234.10 Crore | Rs 14,256.30 Crore |
EPS | Rs 145.30 | Rs 128.43 | Rs 271.82 | Rs 429.01 | Rs 461.20 |
BVPS | Rs 1,738.43 | Rs 1,832.24 | Rs 2,046.07 | Rs 2,723.79 | Rs 3,061.07 |
ROE | 8.36 | 7.01 | 13.28 | 15.75 | 15.06 |
Debt to Equity | 0.01 | 0.01 | 0.02 | 0.00 | 0.00 |
Annual Income Statement (Consolidated)
Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Sales | Rs 70,372 Crore | Rs 88,329 Crore | Rs 117,571 Crore | Rs 141,858 Crore | Rs 152,913 Crore |
Other Income | Rs 2,936 Crore | Rs 1,744 Crore | Rs 2,140 Crore | Rs 4,093 Crore | Rs 5,022 Crore |
Total Income | Rs 73,308 Crore | Rs 90,074 Crore | Rs 119,712 Crore | Rs 145,951 Crore | Rs 157,935 Crore |
Total Expenditure | Rs 68,054 Crore | Rs 85,412 Crore | Rs 109,379 Crore | Rs 128,587 Crore | Rs 138,364 Crore |
EBIT | Rs 5,253 Crore | Rs 4,661 Crore | Rs 10,332 Crore | Rs 17,364 Crore | Rs 19,570 Crore |
Interest | Rs 101 Crore | Rs 126 Crore | Rs 187 Crore | Rs 193 Crore | Rs 194 Crore |
Tax | Rs 931 Crore | Rs 817 Crore | Rs 2,112 Crore | Rs 3,936 Crore | Rs 5,119 Crore |
Net Profit | Rs 4,220 Crore | Rs 3,717 Crore | Rs 8,033 Crore | Rs 13,234 Crore | Rs 14,256 Crore |
Quarterly Financials
The consolidated quarterly results provide a detailed view of Maruti Suzuki India's recent financial performance:
Particulars | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
---|---|---|---|---|---|
Sales | Rs 35,779 Crore | Rs 37,449 Crore | Rs 38,764 Crore | Rs 40,920 Crore | Rs 38,605 Crore |
Other Income | Rs 1,060 Crore | Rs 1,523 Crore | Rs 1,057 Crore | Rs 1,511 Crore | Rs 1,888 Crore |
Total Income | Rs 36,839 Crore | Rs 38,972 Crore | Rs 39,822 Crore | Rs 42,431 Crore | Rs 40,493 Crore |
Total Expenditure | Rs 32,004 Crore | Rs 33,836 Crore | Rs 35,116 Crore | Rs 37,537 Crore | Rs 35,538 Crore |
EBIT | Rs 4,835 Crore | Rs 5,136 Crore | Rs 4,705 Crore | Rs 4,893 Crore | Rs 4,954 Crore |
Interest | Rs 57 Crore | Rs 43 Crore | Rs 46 Crore | Rs 47 Crore | Rs 46 Crore |
Tax | Rs 1,076 Crore | Rs 2,038 Crore | Rs 999 Crore | Rs 1,006 Crore | Rs 1,151 Crore |
Net Profit | Rs 3,702 Crore | Rs 3,055 Crore | Rs 3,659 Crore | Rs 3,839 Crore | Rs 3,756 Crore |
Cash Flow Statement
Maruti Suzuki India's cash flow statement provides insights into the company's cash inflows and outflows from operating, investing, and financing activities:
Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Operating Activities | Rs 8,856 Crore | Rs 1,840 Crore | Rs 9,251 Crore | Rs 16,801 Crore | Rs 16,136 Crore |
Investing Activities | -Rs 7,291 Crore | -Rs 239 Crore | -Rs 8,036 Crore | -Rs 11,864 Crore | -Rs 14,456 Crore |
Financing Activities | -Rs 1,544 Crore | -Rs 1,607 Crore | -Rs 1,213 Crore | -Rs 4,062 Crore | -Rs 4,155 Crore |
Others | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
Net Cash Flow | Rs 20 Crore | -Rs 5 Crore | Rs 2 Crore | Rs 874 Crore | -Rs 2,475 Crore |
Balance Sheet
The consolidated balance sheet shows the company's assets, liabilities, and equity:
Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Share Capital | Rs 151 Crore | Rs 151 Crore | Rs 151 Crore | Rs 157 Crore | Rs 157 Crore |
Reserves & Surplus | Rs 52,349 Crore | Rs 55,182 Crore | Rs 61,640 Crore | Rs 85,478 Crore | Rs 96,082 Crore |
Current Liabilities | Rs 16,120 Crore | Rs 17,023 Crore | Rs 20,107 Crore | Rs 25,951 Crore | Rs 30,570 Crore |
Other Liabilities | Rs 2,661 Crore | Rs 2,298 Crore | Rs 2,698 Crore | Rs 3,762 Crore | Rs 5,161 Crore |
Total Liabilities | Rs 71,282 Crore | Rs 74,655 Crore | Rs 84,596 Crore | Rs 115,350 Crore | Rs 131,971 Crore |
Fixed Assets | Rs 16,485 Crore | Rs 16,683 Crore | Rs 20,734 Crore | Rs 35,599 Crore | Rs 40,911 Crore |
Current Assets | Rs 18,544 Crore | Rs 16,793 Crore | Rs 11,615 Crore | Rs 22,633 Crore | Rs 29,524 Crore |
Other Assets | Rs 36,252 Crore | Rs 41,178 Crore | Rs 52,246 Crore | Rs 57,117 Crore | Rs 61,535 Crore |
Total Assets | Rs 71,282 Crore | Rs 74,655 Crore | Rs 84,596 Crore | Rs 115,350 Crore | Rs 131,971 Crore |
Contingent Liabilities | Rs 15,704 Crore | Rs 21,354 Crore | Rs 34,446 Crore | Rs 30,579 Crore | Rs 33,587 Crore |
Financial Ratios
Key financial ratios for Maruti Suzuki India provide insights into the company's profitability, efficiency, and financial health:
Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|
Basic EPS (Rs.) | Rs 145.30 | Rs 128.43 | Rs 271.82 | Rs 429.01 | Rs 461.20 |
Diluted EPS (Rs.) | Rs 145.30 | Rs 128.43 | Rs 271.82 | Rs 429.01 | Rs 461.20 |
Book Value / Share (Rs.) | Rs 1,738.43 | Rs 1,832.24 | Rs 2,046.07 | Rs 2,723.79 | Rs 3,061.07 |
Dividend/Share (Rs.) | Rs 45.00 | Rs 60.00 | Rs 90.00 | Rs 125.00 | Rs 135.00 |
Face Value | 5 | 5 | 5 | 5 | 5 |
Gross Profit Margin (%) | 11.77 | 8.43 | 11.19 | 15.94 | 16.46 |
Operating Margin (%) | 7.46 | 5.27 | 8.78 | 12.24 | 12.79 |
Net Profit Margin (%) | 5.99 | 4.20 | 6.83 | 9.32 | 9.32 |
Return on Equity (%) | 8.36 | 7.01 | 13.28 | 15.75 | 15.06 |
ROCE (%) | 9.52 | 8.08 | 16.02 | 19.42 | 19.29 |
Return On Assets (%) | 6.15 | 5.19 | 9.70 | 11.69 | 10.98 |
Current Ratio (X) | 1.15 | 0.99 | 0.58 | 0.87 | 0.97 |
Quick Ratio (X) | 0.96 | 0.78 | 0.36 | 0.67 | 0.74 |
Debt to Equity (x) | 0.01 | 0.01 | 0.02 | 0.00 | 0.00 |
Interest Coverage Ratios (X) | 51.61 | 58.85 | 70.37 | 116.84 | 129.65 |
Asset Turnover Ratio (%) | 98.72 | 1.22 | 1.48 | 1.42 | 1.24 |
Inventory Turnover Ratio (X) | 23.08 | 12.07 | 11.94 | 16.44 | 25.00 |
3 Yr CAGR Sales (%) | -6.10 | 1.31 | 24.66 | 41.98 | 31.57 |
3 Yr CAGR Net Profit (%) | -26.05 | -29.57 | 20.21 | 77.09 | 95.83 |
P/E (x) | 47.21 | 58.87 | 30.51 | 29.37 | 24.98 |
P/B (x) | 3.95 | 4.13 | 4.05 | 4.63 | 3.76 |
EV/EBITDA (x) | 24.69 | 30.28 | 19.12 | 17.41 | 14.36 |
P/S (x) | 2.94 | 2.58 | 2.13 | 2.80 | 2.37 |
Corporate Actions
Maruti Suzuki India has announced several corporate actions, including dividend declarations and other key updates.
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