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Last Updated on: 13 November, 2025
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532500 | NSE: MARUTI

Maruti Suzuki India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: November 13, 2025, 9:33 pm

Market Cap 4,95,434 Cr.
Current Price 15,749
High / Low 16,674/10,725
Stock P/E33.5
Book Value 3,172
Dividend Yield0.86 %
ROCE21.7 %
ROE15.9 %
Face Value 5.00
PEG Ratio1.15

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Maruti Suzuki India Ltd

Competitors of Maruti Suzuki India Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Maruti Suzuki India Ltd 4,95,434 Cr. 15,749 16,674/10,72533.5 3,1720.86 %21.7 %15.9 % 5.00
Hindustan Motors Ltd 384 Cr. 18.4 35.8/18.056.2 1.530.00 %3.16 %4.02 % 5.00
Industry Average247,909.00 Cr7,883.7044.851,586.770.43%12.43%9.96%5.00

All Competitor Stocks of Maruti Suzuki India Ltd

Quarterly Result

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales 26,51229,94229,25132,21432,53537,33933,51338,47135,77937,44938,76440,92038,605
Expenses 24,59727,17225,87828,32029,01532,02829,07333,25030,67332,45033,68836,07633,983
Operating Profit 1,9152,7713,3733,8943,5205,3124,4405,2215,1074,9995,0764,8444,623
OPM % 7%9%12%12%11%14%13%14%14%13%13%12%12%
Other Income 1126628938501,1109581,0531,2611,1181,5701,1251,5831,924
Interest 283130164463536765743464847
Depreciation 6527231,2091,2401,3141,3421,3021,2981,3321,3861,4291,4621,556
Profit before tax 1,3472,6793,0273,3413,2694,8924,1565,1084,8365,1414,7264,9184,944
Tax % 23%21%21%20%22%23%23%23%22%40%21%20%23%
Net Profit 1,0362,1122,4062,6882,5433,7863,2073,9523,7603,1023,7273,9113,792
EPS in Rs 34.3069.9379.6588.9784.18125.34102.00125.71119.5898.68118.54124.40120.62

Last Updated: August 1, 2025, 5:20 pm

Below is a detailed analysis of the quarterly data for Maruti Suzuki India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

  • For Sales, as of Jun 2025, the value is 38,605.00 Cr.. The value appears to be declining and may need further review. It has decreased from 40,920.00 Cr. (Mar 2025) to 38,605.00 Cr., marking a decrease of 2,315.00 Cr..
  • For Expenses, as of Jun 2025, the value is 33,983.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 36,076.00 Cr. (Mar 2025) to 33,983.00 Cr., marking a decrease of 2,093.00 Cr..
  • For Operating Profit, as of Jun 2025, the value is 4,623.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,844.00 Cr. (Mar 2025) to 4,623.00 Cr., marking a decrease of 221.00 Cr..
  • For OPM %, as of Jun 2025, the value is 12.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 12.00%.
  • For Other Income, as of Jun 2025, the value is 1,924.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,583.00 Cr. (Mar 2025) to 1,924.00 Cr., marking an increase of 341.00 Cr..
  • For Interest, as of Jun 2025, the value is 47.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 48.00 Cr. (Mar 2025) to 47.00 Cr., marking a decrease of 1.00 Cr..
  • For Depreciation, as of Jun 2025, the value is 1,556.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,462.00 Cr. (Mar 2025) to 1,556.00 Cr., marking an increase of 94.00 Cr..
  • For Profit before tax, as of Jun 2025, the value is 4,944.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,918.00 Cr. (Mar 2025) to 4,944.00 Cr., marking an increase of 26.00 Cr..
  • For Tax %, as of Jun 2025, the value is 23.00%. The value appears to be increasing, which may not be favorable. It has increased from 20.00% (Mar 2025) to 23.00%, marking an increase of 3.00%.
  • For Net Profit, as of Jun 2025, the value is 3,792.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,911.00 Cr. (Mar 2025) to 3,792.00 Cr., marking a decrease of 119.00 Cr..
  • For EPS in Rs, as of Jun 2025, the value is 120.62. The value appears to be declining and may need further review. It has decreased from 124.40 (Mar 2025) to 120.62, marking a decrease of 3.78.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 15, 2025, 4:52 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 44,54250,80157,58968,08579,80986,06875,66070,37288,330117,571141,858152,913155,739
Expenses 39,23243,90948,56557,66467,69275,01268,30564,96182,578106,542123,232132,689136,197
Operating Profit 5,3106,8929,02410,42112,11811,0567,3555,4115,75211,02918,62620,22419,542
OPM % 12%14%16%15%15%13%10%8%7%9%13%13%13%
Other Income 7248171,4642,3992,1552,6643,4103,0461,8612,3074,2485,1996,202
Interest 184218828934676134102127187194194184
Depreciation 2,1162,5152,8222,6042,7603,0213,5283,0342,7892,8265,2565,6085,832
Profit before tax 3,7344,9767,58510,12711,16710,6247,1035,3214,69710,32317,42419,62019,728
Tax % 24%24%28%26%29%28%20%18%17%20%23%26%
Net Profit 2,8543,8095,4977,5117,8817,6515,6784,3893,8808,21113,48814,50014,533
EPS in Rs 94.44126.04181.98248.61260.86253.21187.90145.30128.43271.82429.01461.20462.24
Dividend Payout % 13%20%19%30%31%32%32%31%47%33%29%29%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)33.46%44.32%36.64%4.93%-2.92%-25.79%-22.70%-11.60%111.62%64.27%7.50%
Change in YoY Net Profit Growth (%)0.00%10.85%-7.68%-31.71%-7.84%-22.87%3.09%11.10%123.22%-47.36%-56.76%

Maruti Suzuki India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:12%
5 Years:15%
3 Years:20%
TTM:7%
Compounded Profit Growth
10 Years:16%
5 Years:35%
3 Years:72%
TTM:-1%
Stock Price CAGR
10 Years:14%
5 Years:16%
3 Years:19%
1 Year:21%
Return on Equity
10 Years:13%
5 Years:13%
3 Years:15%
Last Year:16%

Last Updated: Unknown

Balance Sheet

Last Updated: November 9, 2025, 2:29 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 151151151151151151151151151151157157157
Reserves 21,34524,16730,46536,92442,40846,94149,26252,35055,18261,64085,47996,08399,587
Borrowings 2,0046662314841211601845414261,24711987100
Other Liabilities 7,9759,49211,87914,40217,56816,71714,03118,33518,89621,55829,55035,64438,609
Total Liabilities 31,47634,47742,72651,96060,24863,96963,62871,37674,65684,597115,304131,971138,453
Fixed Assets 11,03412,49012,53013,31113,38915,43715,74414,98913,74717,83027,86532,98335,499
CWIP 2,6401,8901,0071,2522,1321,6071,4151,4972,9362,9047,7357,9297,902
Investments 10,52713,29820,67629,15136,12337,50437,48842,94542,03549,18457,29666,26565,473
Other Assets 7,2756,8008,5138,2478,6049,4218,98011,94615,93714,67822,40824,79429,579
Total Assets 31,47634,47742,72651,96060,24863,96963,62871,37674,65684,597115,304131,971138,453

Below is a detailed analysis of the balance sheet data for Maruti Suzuki India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 157.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 157.00 Cr..
  • For Reserves, as of Sep 2025, the value is 99,587.00 Cr.. The value appears strong and on an upward trend. It has increased from 96,083.00 Cr. (Mar 2025) to 99,587.00 Cr., marking an increase of 3,504.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 100.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 87.00 Cr. (Mar 2025) to 100.00 Cr., marking an increase of 13.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 38,609.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 35,644.00 Cr. (Mar 2025) to 38,609.00 Cr., marking an increase of 2,965.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 138,453.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 131,971.00 Cr. (Mar 2025) to 138,453.00 Cr., marking an increase of 6,482.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 35,499.00 Cr.. The value appears strong and on an upward trend. It has increased from 32,983.00 Cr. (Mar 2025) to 35,499.00 Cr., marking an increase of 2,516.00 Cr..
  • For CWIP, as of Sep 2025, the value is 7,902.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7,929.00 Cr. (Mar 2025) to 7,902.00 Cr., marking a decrease of 27.00 Cr..
  • For Investments, as of Sep 2025, the value is 65,473.00 Cr.. The value appears to be declining and may need further review. It has decreased from 66,265.00 Cr. (Mar 2025) to 65,473.00 Cr., marking a decrease of 792.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 29,579.00 Cr.. The value appears strong and on an upward trend. It has increased from 24,794.00 Cr. (Mar 2025) to 29,579.00 Cr., marking an increase of 4,785.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 138,453.00 Cr.. The value appears strong and on an upward trend. It has increased from 131,971.00 Cr. (Mar 2025) to 138,453.00 Cr., marking an increase of 6,482.00 Cr..

Notably, the Reserves (99,587.00 Cr.) exceed the Borrowings (100.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow - No data available for this post.

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow3.00-660.00-222.00-474.00-109.00-149.00-177.00-536.00-421.0010.00-101.00-67.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days128867101078101216
Inventory Days202830252120222220231923
Days Payable575770657059517354586270
Cash Conversion Cycle-25-20-32-33-42-29-20-44-26-25-31-31
Working Capital Days-28-26-27-36-40-30-20-50-30-30-26-24
ROCE %16%19%23%24%24%19%9%11%6%16%22%22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Promoters56.37%56.37%56.48%56.48%56.48%58.19%58.19%58.19%58.19%58.28%58.28%58.28%
FIIs21.84%21.49%21.11%21.87%21.85%20.60%19.64%18.98%17.68%15.47%14.96%15.20%
DIIs18.10%18.19%18.57%18.07%18.15%17.64%18.86%19.37%20.75%22.89%23.56%23.25%
Government0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.07%0.07%0.07%0.08%0.08%
Public3.62%3.89%3.78%3.51%3.45%3.50%3.24%3.41%3.31%3.28%3.12%3.18%
No. of Shareholders3,92,5514,18,2884,15,1273,78,3233,68,6083,87,7673,64,3753,89,3143,82,5734,06,5703,78,8933,67,608

Shareholding Pattern Chart

No. of Shareholders

Maruti Suzuki India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Parag Parikh Flexi Cap Fund 2,762,479 5.11 2814.112,762,4792025-04-22 17:25:270%
SBI Nifty 50 ETF 2,390,866 1.42 2435.552,390,8662025-04-22 17:25:270%
ICICI Prudential Bluechip Fund 2,103,659 4.3 2142.982,103,6592025-04-22 17:25:270%
ICICI Prudential Balanced Advantage Fund 1,948,980 3.67 1985.411,948,9802025-04-22 17:25:270%
SBI S&P BSE Sensex ETF 1,702,248 1.65 1733.451,702,2482025-04-22 15:56:550%
Kotak Flexicap Fund - Regular Plan 1,525,000 3.5 1553.51,525,0002025-04-22 14:53:350%
ICICI Prudential Equity & Debt Fund 1,280,135 4.18 1304.061,280,1352025-04-22 15:56:550%
ICICI Prudential Multi Asset Fund 1,180,659 3.66 1202.731,180,6592025-04-22 17:25:270%
ICICI Prudential Flexicap Fund 1,078,742 8 1098.91,078,7422025-04-22 17:25:270%
HDFC Flexi Cap Fund - Regular Plan 950,000 2.03 967.76950,0002025-04-22 17:25:270%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 5.005.005.005.005.00
Basic EPS (Rs.) 461.20429.01271.82128.43145.30
Diluted EPS (Rs.) 461.20429.01271.82128.43145.30
Cash EPS (Rs.) 631.82588.10359.58215.45240.21
Book Value[Excl.RevalReserv]/Share (Rs.) 3061.072723.792046.071832.231738.43
Book Value[Incl.RevalReserv]/Share (Rs.) 3061.072723.792046.071832.231738.43
Revenue From Operations / Share (Rs.) 4863.654512.033893.092924.832330.20
PBDIT / Share (Rs.) 800.84719.46435.71246.72274.43
PBIT / Share (Rs.) 622.47552.29342.14154.37173.97
PBT / Share (Rs.) 616.29546.13335.95150.18170.60
Net Profit / Share (Rs.) 453.44420.93266.01123.10139.74
NP After MI And SOA / Share (Rs.) 461.20429.01271.89128.46145.33
PBDIT Margin (%) 16.4615.9411.198.4311.77
PBIT Margin (%) 12.7912.248.785.277.46
PBT Margin (%) 12.6712.108.625.137.32
Net Profit Margin (%) 9.329.326.834.205.99
NP After MI And SOA Margin (%) 9.489.506.984.396.23
Return on Networth / Equity (%) 15.0615.7513.287.018.36
Return on Capital Employeed (%) 19.2919.4216.028.089.52
Return On Assets (%) 10.9811.699.705.196.15
Total Debt / Equity (X) 0.000.000.010.010.01
Asset Turnover Ratio (%) 1.241.421.481.221.05
Current Ratio (X) 0.960.870.570.981.15
Quick Ratio (X) 0.730.660.360.770.96
Inventory Turnover Ratio (X) 25.0016.4411.9412.0710.63
Dividend Payout Ratio (NP) (%) 27.1020.1522.0735.0441.29
Dividend Payout Ratio (CP) (%) 19.5414.5016.4220.3824.41
Earning Retention Ratio (%) 72.9079.8577.9364.9658.71
Cash Earning Retention Ratio (%) 80.4685.5083.5879.6275.59
Interest Coverage Ratio (X) 129.65116.8470.3758.8581.41
Interest Coverage Ratio (Post Tax) (X) 74.4169.3643.9630.3642.45
Enterprise Value (Cr.) 361681.49393761.56251612.23225648.68204608.95
EV / Net Operating Revenue (X) 2.372.782.142.552.91
EV / EBITDA (X) 14.3617.4119.1230.2824.69
MarketCap / Net Operating Revenue (X) 2.372.802.132.582.94
Retention Ratios (%) 72.8979.8477.9264.9558.70
Price / BV (X) 3.764.634.054.133.95
Price / Net Operating Revenue (X) 2.372.802.132.582.94
EarningsYield 0.040.030.030.010.02

After reviewing the key financial ratios for Maruti Suzuki India Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 461.20. This value is within the healthy range. It has increased from 429.01 (Mar 24) to 461.20, marking an increase of 32.19.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 461.20. This value is within the healthy range. It has increased from 429.01 (Mar 24) to 461.20, marking an increase of 32.19.
  • For Cash EPS (Rs.), as of Mar 25, the value is 631.82. This value is within the healthy range. It has increased from 588.10 (Mar 24) to 631.82, marking an increase of 43.72.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 3,061.07. It has increased from 2,723.79 (Mar 24) to 3,061.07, marking an increase of 337.28.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 3,061.07. It has increased from 2,723.79 (Mar 24) to 3,061.07, marking an increase of 337.28.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 4,863.65. It has increased from 4,512.03 (Mar 24) to 4,863.65, marking an increase of 351.62.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 800.84. This value is within the healthy range. It has increased from 719.46 (Mar 24) to 800.84, marking an increase of 81.38.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 622.47. This value is within the healthy range. It has increased from 552.29 (Mar 24) to 622.47, marking an increase of 70.18.
  • For PBT / Share (Rs.), as of Mar 25, the value is 616.29. This value is within the healthy range. It has increased from 546.13 (Mar 24) to 616.29, marking an increase of 70.16.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 453.44. This value is within the healthy range. It has increased from 420.93 (Mar 24) to 453.44, marking an increase of 32.51.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 461.20. This value is within the healthy range. It has increased from 429.01 (Mar 24) to 461.20, marking an increase of 32.19.
  • For PBDIT Margin (%), as of Mar 25, the value is 16.46. This value is within the healthy range. It has increased from 15.94 (Mar 24) to 16.46, marking an increase of 0.52.
  • For PBIT Margin (%), as of Mar 25, the value is 12.79. This value is within the healthy range. It has increased from 12.24 (Mar 24) to 12.79, marking an increase of 0.55.
  • For PBT Margin (%), as of Mar 25, the value is 12.67. This value is within the healthy range. It has increased from 12.10 (Mar 24) to 12.67, marking an increase of 0.57.
  • For Net Profit Margin (%), as of Mar 25, the value is 9.32. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 9.32.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 9.48. This value is within the healthy range. It has decreased from 9.50 (Mar 24) to 9.48, marking a decrease of 0.02.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 15.06. This value is within the healthy range. It has decreased from 15.75 (Mar 24) to 15.06, marking a decrease of 0.69.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 19.29. This value is within the healthy range. It has decreased from 19.42 (Mar 24) to 19.29, marking a decrease of 0.13.
  • For Return On Assets (%), as of Mar 25, the value is 10.98. This value is within the healthy range. It has decreased from 11.69 (Mar 24) to 10.98, marking a decrease of 0.71.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 1.24. It has decreased from 1.42 (Mar 24) to 1.24, marking a decrease of 0.18.
  • For Current Ratio (X), as of Mar 25, the value is 0.96. This value is below the healthy minimum of 1.5. It has increased from 0.87 (Mar 24) to 0.96, marking an increase of 0.09.
  • For Quick Ratio (X), as of Mar 25, the value is 0.73. This value is below the healthy minimum of 1. It has increased from 0.66 (Mar 24) to 0.73, marking an increase of 0.07.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 25.00. This value exceeds the healthy maximum of 8. It has increased from 16.44 (Mar 24) to 25.00, marking an increase of 8.56.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 27.10. This value is within the healthy range. It has increased from 20.15 (Mar 24) to 27.10, marking an increase of 6.95.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 19.54. This value is below the healthy minimum of 20. It has increased from 14.50 (Mar 24) to 19.54, marking an increase of 5.04.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 72.90. This value exceeds the healthy maximum of 70. It has decreased from 79.85 (Mar 24) to 72.90, marking a decrease of 6.95.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 80.46. This value exceeds the healthy maximum of 70. It has decreased from 85.50 (Mar 24) to 80.46, marking a decrease of 5.04.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 129.65. This value is within the healthy range. It has increased from 116.84 (Mar 24) to 129.65, marking an increase of 12.81.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 74.41. This value is within the healthy range. It has increased from 69.36 (Mar 24) to 74.41, marking an increase of 5.05.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 361,681.49. It has decreased from 393,761.56 (Mar 24) to 361,681.49, marking a decrease of 32,080.07.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.37. This value is within the healthy range. It has decreased from 2.78 (Mar 24) to 2.37, marking a decrease of 0.41.
  • For EV / EBITDA (X), as of Mar 25, the value is 14.36. This value is within the healthy range. It has decreased from 17.41 (Mar 24) to 14.36, marking a decrease of 3.05.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.37. This value is within the healthy range. It has decreased from 2.80 (Mar 24) to 2.37, marking a decrease of 0.43.
  • For Retention Ratios (%), as of Mar 25, the value is 72.89. This value exceeds the healthy maximum of 70. It has decreased from 79.84 (Mar 24) to 72.89, marking a decrease of 6.95.
  • For Price / BV (X), as of Mar 25, the value is 3.76. This value exceeds the healthy maximum of 3. It has decreased from 4.63 (Mar 24) to 3.76, marking a decrease of 0.87.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.37. This value is within the healthy range. It has decreased from 2.80 (Mar 24) to 2.37, marking a decrease of 0.43.
  • For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 24) to 0.04, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Maruti Suzuki India Ltd as of November 14, 2025 is: 13,632.77

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 14, 2025, Maruti Suzuki India Ltd is Overvalued by 13.44% compared to the current share price 15,749.00

Intrinsic Value of Maruti Suzuki India Ltd as of November 14, 2025 is: 17,612.63

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 14, 2025, Maruti Suzuki India Ltd is Undervalued by 11.83% compared to the current share price 15,749.00

Last 5 Year EPS CAGR: 29.19%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 17.58%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -30.58, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -29.83, which is a positive sign.
  4. The company has higher reserves (53,987.15 cr) compared to borrowings (490.00 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (90.92 cr) and profit (9.69 cr) over the years.

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Maruti Suzuki India Ltd:
      1. Net Profit Margin: 9.32%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 19.29% (Industry Average ROCE: 12.43%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 15.06% (Industry Average ROE: 9.96%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 74.41
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 0.73
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. Stock P/E: 33.5 (Industry average Stock P/E: 44.85)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: 0
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    Maruti Suzuki India Ltd. is a Public Limited Listed company incorporated on 24/02/1981 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L34103DL1981PLC011375 and registration number is 011375. Currently Company is involved in the business activities of Manufacture of motor vehicles. Company's Total Operating Revenue is Rs. 151900.10 Cr. and Equity Capital is Rs. 157.20 Cr. for the Year ended 31/03/2025.
    INDUSTRYADDRESSCONTACT
    Auto - Cars & Jeeps1, Nelson Mandela Road, New Delhi Delhi 110070contact@maruti.co.in
    http://www.marutisuzuki.com
    Management
    NamePosition Held
    Mr. R C BhargavaChairman
    Mr. Hisashi TakeuchiManaging Director & CEO
    Mr. Maheswar SahuIndependent Director
    Ms. Lira GoswamiIndependent Director
    Ms. A BansalIndependent Director
    Ms. I VittalIndependent Director
    Mr. Kenichi AyukawaDirector
    Mr. T SuzukiDirector
    Mr. Kenichiro ToyofukuDirector
    Mr. K YamaguchiDirector - Production
    Mr. S KakkarDirector
    Mr. K SuzukiDirector

    FAQ

    What is the intrinsic value of Maruti Suzuki India Ltd?

    Maruti Suzuki India Ltd's intrinsic value (as of 14 November 2025) is 13632.77 which is 13.44% lower the current market price of 15,749.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 4,95,434 Cr. market cap, FY2025-2026 high/low of 16,674/10,725, reserves of ₹99,587 Cr, and liabilities of 138,453 Cr.

    What is the Market Cap of Maruti Suzuki India Ltd?

    The Market Cap of Maruti Suzuki India Ltd is 4,95,434 Cr..

    What is the current Stock Price of Maruti Suzuki India Ltd as on 14 November 2025?

    The current stock price of Maruti Suzuki India Ltd as on 14 November 2025 is 15,749.

    What is the High / Low of Maruti Suzuki India Ltd stocks in FY 2025-2026?

    In FY 2025-2026, the High / Low of Maruti Suzuki India Ltd stocks is 16,674/10,725.

    What is the Stock P/E of Maruti Suzuki India Ltd?

    The Stock P/E of Maruti Suzuki India Ltd is 33.5.

    What is the Book Value of Maruti Suzuki India Ltd?

    The Book Value of Maruti Suzuki India Ltd is 3,172.

    What is the Dividend Yield of Maruti Suzuki India Ltd?

    The Dividend Yield of Maruti Suzuki India Ltd is 0.86 %.

    What is the ROCE of Maruti Suzuki India Ltd?

    The ROCE of Maruti Suzuki India Ltd is 21.7 %.

    What is the ROE of Maruti Suzuki India Ltd?

    The ROE of Maruti Suzuki India Ltd is 15.9 %.

    What is the Face Value of Maruti Suzuki India Ltd?

    The Face Value of Maruti Suzuki India Ltd is 5.00.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Maruti Suzuki India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE