Maruti Suzuki India financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹53,356cr+26.0% on Q2 FY26
Net profit
₹2,466cr−26.4% on Q2 FY26
EBITDA margin
8.9%−3.1 pts on Q2 FY26
EPS
₹78.44−26.4% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue53,35642,344+26.0%
EBITDA4,7645,086−6.3%
EBITDA margin8.9%12.0%−3.1 pts
Profit before tax3,1504,272−26.3%
Net profit2,4663,349−26.4%
EPS₹78.44₹106.52−26.4%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹53,356 crNet profit₹2,466 crNet margin4.6%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,64,044————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
5,23615,4918,5226,57237.3
0.00.0——37.5
0.00.00.033.11,216
3,58,808————
2,08,1921,83,3161,52,9131,41,8581,17,571
—+19.9%+7.8%+20.7%—
20,80921,45620,15618,52611,018
10.0%11.7%13.2%13.1%9.4%
13,58614,71514,54813,2718,192
13,45114,68014,50013,4888,211
6.5%8.0%9.5%9.5%7.0%
₹427.83₹466.91₹461.20₹429.01₹261.16
—+1.2%+7.5%+64.3%—
—19,10016,13616,8019,251
—−10,398−10,641−9,200−6,347
8,7028,7025,4967,6012,904
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

MARUTI₹11,579.00

Maruti Suzuki India Ltd.

· Auto & Mobility
₹ CrorePeersM&MHYUNDAIBAJAJ-AUTOEICHERMOTTMPVMOTHERSONBOSCHLTDTVSMOTORMcap ₹3.64L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,64,043.8
- Cash, Equiv & ST Investments37.36,571.78,522.115,491.35,236.2
+ Minority Interest37.5——0.00.0
+ Total Debt1,215.833.10.00.00.0
Enterprise Value————3,58,807.6
Revenue1,17,571.31,41,858.21,52,913.01,83,316.02,08,191.9
Growth %, YoY—+20.7+7.8+19.9—
EBITDA11,017.718,526.320,156.321,456.220,808.8
Margin %9.3713.0613.1811.7010.00
EBIT8,192.013,270.514,548.114,714.513,585.9
Net Income8,211.013,488.214,500.214,679.513,451.1
Margin %6.989.519.488.016.46
EPS, Adj (current shares)261.16429.01461.20466.91427.83
Growth %, YoY—+64.3+7.5+1.2—
Cash from Operations9,251.416,801.116,136.219,099.9—
Capital Expenditures-6,347.3-9,199.9-10,640.6-10,397.6—
Free Cash Flow2,904.17,601.25,495.68,702.38,702.3
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 146%.

Maruti Suzuki financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Maruti Suzuki India (NSE: MARUTI) had a market capitalisation of ₹3,59,233 crore at the 29 October 2026 close (₹11,426.00 a share), a PE ratio of 26.7 on the last four quarters' profit and a price-to-book ratio of 3.30. In FY26 its consolidated net profit was ₹14,680 crore on revenue of ₹1,83,316 crore; in Q2 FY27 (July–September 2026) it was ₹2,466 crore, down 26.4% year on year. It had no borrowings on 30 September 2026. Promoters held 58.72% of the shares on 30 September 2026.

Maruti Suzuki Q2 FY27 results
filed 27 October 2026
Share price used
₹11,426.00 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹11,426.00 · 29 Oct close

Maruti Suzuki at a glance · consolidated

Market cap
₹3,59,233 Crat ₹11,426.00 · 29 Oct close
PE ratio (last 4 quarters)
26.724.5 on FY26 profit
Price to book (PB)
3.30book value ₹3,466.99 a share
ROE (FY26)
14.4%−1.5 pts vs FY25ROCE 13.8%
Debt to equity
0.00net cash ₹5,750 Cr
Promoter holding
58.72%+0.1 pts vs 30 Jun 202630 September 2026
Dividend yield
1.23%₹140 a share in 12 months
Net worth
₹1,09,002 Cr+9.3% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹8,702 Cr+58.4% vs FY25

Questions

What is the Maruti Suzuki PE ratio today?

Maruti Suzuki's PE ratio is 26.7 at the 29 October 2026 close (₹11,426.00 a share): a market capitalisation of ₹3,59,233 crore divided by consolidated net profit of ₹13,451 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹14,680 crore) it is 24.5.

What is the Maruti Suzuki debt to equity ratio?

Maruti Suzuki's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹1,09,002 crore. A year earlier, on 30 September 2025, it was 0.00.

What is the Maruti Suzuki net worth?

Maruti Suzuki's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,09,002 crore (₹1.09 lakh crore) on 30 September 2026, up 9.3% from ₹99,744 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,59,233 crore at the 29 October 2026 close.

What is the Maruti Suzuki PB ratio (price to book value)?

Maruti Suzuki's price-to-book (PB) ratio is 3.30 at the 29 October 2026 close: a market capitalisation of ₹3,59,233 crore divided by shareholders' equity (book value) of ₹1,09,002 crore on 30 September 2026. That is a book value of ₹3,466.99 per share against a share price of ₹11,426.00.

What is the Maruti Suzuki ROE and ROCE?

In FY26, Maruti Suzuki's return on equity (ROE) was 14.4% and its return on capital employed (ROCE) was 13.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 16.0% and ROCE 15.3%.

What is the Maruti Suzuki book value per share?

Maruti Suzuki's book value per share was ₹3,466.99 on 30 September 2026: shareholders' equity of ₹1,09,002 crore divided by the 31.44 crore shares in issue, up 9.3% from ₹3,172.51 a year earlier. The share price at the 29 October 2026 close was ₹11,426.00.

What is the Maruti Suzuki market cap?

Maruti Suzuki's market capitalisation was ₹3,59,233 crore (₹3.59 lakh crore) at the 29 October 2026 close: 31.44 crore shares at ₹11,426.00 each.

Is Maruti Suzuki debt free?

Yes. Maruti Suzuki had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹5,750 crore of cash, bank balances and current investments.

What is the Maruti Suzuki dividend in 2026 and its record date?

In 2026, Maruti Suzuki has declared one dividend: ₹140 with record date 7 August 2026.

What is the Maruti Suzuki EPS?

Maruti Suzuki's basic earnings per share (EPS) were ₹466.90 in FY26, against ₹461.20 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹427.83.

What is the Maruti Suzuki dividend yield?

Maruti Suzuki's dividend yield is 1.23% at the 29 October 2026 close: dividends of ₹140 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹11,426.00. They were ₹140 on 7 August 2026.

What is the Maruti Suzuki promoter holding?

Promoters held 58.72% of Maruti Suzuki on 30 September 2026, up 0.07 percentage points from 58.65% the previous quarter and up 0.44 percentage points from 58.28% a year earlier, according to the shareholding pattern filed with NSE.

What is the Maruti Suzuki shareholding pattern?

On 30 September 2026, Maruti Suzuki's shares were held by promoters 58.72%, foreign portfolio investors (FII/FPI) 12.42%, domestic institutions (DII) 25.41% (including mutual funds at 14.77%) and retail and other non-institutional investors 3.44%. Over the year, FII holding was down 3.36 percentage points from 15.78% and DII holding was up 2.78 percentage points from 22.63%.

How does Maruti Suzuki compare with its peers?

On FY26 consolidated figures, against M&M, Hyundai Motor India and Bajaj Auto: Maruti Suzuki's operating margin of 8.0% is the lowest of the four (M&M 14.9%, Hyundai Motor India 9.0%, Bajaj Auto 19.7%; peer average 14.6%); its return on equity of 14.4% is the lowest of the four (M&M 20.1%, Hyundai Motor India 29.9%, Bajaj Auto 29.0%; peer average 26.4%).

Maruti Suzuki vs M&M: how do they compare?

In FY26, Maruti Suzuki earned net profit of ₹14,680 crore on revenue of ₹1,83,316 crore, against ₹17,099 crore on ₹1,98,639 crore for M&M. Maruti Suzuki's operating margin was 8.0% (M&M 14.9%) and its return on equity 14.4% (M&M 20.1%). At the 29 October 2026 close, Maruti Suzuki's market capitalisation was ₹3,59,233 crore against ₹3,23,073 crore for M&M, and its PE ratio on FY26 profit 24.5 against 18.9.

What is the Maruti Suzuki free cash flow?

In FY26, Maruti Suzuki generated ₹19,100 crore of cash from operations and spent ₹10,398 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹8,702 crore. In FY25 it was ₹5,496 crore.

What are the Maruti Suzuki latest quarterly results?

Maruti Suzuki's latest results are for Q2 FY27 (July–September 2026), filed on 27 October 2026: consolidated net profit ₹2,466 crore, down 26.4% from ₹3,349 crore in Q2 FY26; revenue from operations ₹53,356 crore, up 26.0% year on year.

When are the Maruti Suzuki next results?

Maruti Suzuki has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the Maruti Suzuki revenue and profit in FY26?

In FY26 (April 2025–March 2026), Maruti Suzuki's consolidated net profit was ₹14,680 crore, up 1.2% from ₹14,500 crore in FY25, on revenue from operations of ₹1,83,316 crore (up 19.9%). Over three years, from FY23, net profit was up 78.8%.

How does the Maruti Suzuki PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, Maruti Suzuki's PE ratio is 24.5, the third highest of the four: M&M 18.9, Hyundai Motor India 28.8 and Bajaj Auto 26.6, a peer average of 24.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Where do these Maruti Suzuki figures come from?

From Maruti Suzuki India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.