Maruti Suzuki India LimitedMARUTICorporate

Consumer Cyclical Auto Manufacturers Latest results: Mar 2026 13 quarters of data
₹11,489.00
MCap ₹361,217 Cr · P/E 24.6
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹52,462 Cr
Sales · Mar 2026
+28.2% YoY
₹6,158 Cr
Operating Profit · Mar 2026
+27.1% YoY
11.7%
OPM % · Mar 2026
-0.8% YoY
₹3,659 Cr
Net Profit · Mar 2026
-6.4% YoY
₹116.38
EPS · Mar 2026
-6.4% YoY

📝 Maruti Suzuki India Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Maruti Suzuki India Limited reported revenue of ₹52,462 crore for the quarter ended March 2026 (Q4 FY26), up 28.2% from ₹40,920 crore in the same quarter last year, and up 5.1% sequentially over the December 2025 quarter.

Net profit fell 6.4% year-on-year to ₹3,659 crore, from ₹3,911 crore. Earnings per share (EPS) came in at ₹116.38.

Operating profit stood at ₹6,158 crore — an operating margin (OPM) of 11.7%, compared with 11.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Maruti Suzuki India Limited posted revenue of ₹183,315 crore, a growth of 19.9% over FY25, with a net profit of ₹14,679 crore (up 1.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹183,315 crore with a net profit of ₹14,679 crore.

Valuation snapshot

At the current price of ₹11,489.00, MARUTI has a market capitalisation of ₹361,217 crore and a trailing P/E of about 24.6.

Within the Auto Manufacturers industry, it is the largest of the 10 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 58.53%, foreign institutional investors (FIIs) 14.12%, domestic institutional investors (DIIs) 24.09%, the government 0.08%, public shareholders 3.18% of Maruti Suzuki India Limited.

Promoter holding rose from 58.28% to 58.53% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹361,217 Cr
Current Price ?
₹11,489.0
P/E ?
24.61below ind
Industry P/E ?
24.70
P/B ?
3.37
P/S ?
1.97
P/FCF ?
41.26
Enterprise Value ?
₹361,319 Cr
EV/EBITDA ?
16.85
PEG ?
0.82
Earnings Yield ?
3.6%
Dividend Yield ?
1.17%
Profitability & Returns
Sales (TTM) ?
₹183,315 Cr
OPM ?
11.7%
Profit after tax (TTM) ?
₹14,679 Cr
EPS (TTM) ?
₹466.90
ROCE ?
19.0%
ROE ?
13.7%
ROA ?
9.9%
Growth
Sales — latest qtr ?
₹52,462 Cr
PAT — latest qtr ?
₹3,659 Cr
YoY qtr sales growth ?
28.2%
YoY qtr profit growth ?
-6.4%
Sales growth (3y) ?
16%
Sales growth (5y) ?
21%
Profit growth (3y) ?
30%
Profit growth (5y) ?
27%
Financial Health
Debt ?
₹102 Cr
Debt to Equity ?
0.00
Interest Coverage ?
46.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
58.53%
Change in promoter holding ?
0.25%
Pledged percentage ?
N/A
Market
Return 3 months ?
-16.8%
Return 6 months ?
-14.6%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 32,06032,33837,33933,51338,47135,77937,44938,76440,92038,60542,34449,90452,462 +28.2% +5.1%
Operating Profit 3,3522,9855,3124,4405,2215,1074,9995,0764,8444,6235,0865,5736,158 +27.1% +10.5%
Other Income 7919789581,0531,2611,1181,5701,1251,5831,8881,0141,140581 -63.3% -49.0%
Interest 9946353676574346194471046273 -62.4% +17.7%
Depreciation 7407481,3421,3021,2981,3321,3861,4295,6081,5563,2591,7351,748 -68.8% +0.7%
Profit Before Tax 3,3043,2314,8924,1565,1084,8365,1414,72619,6204,9449,2834,9174,918 -74.9% +0.0%
Net Profit 2,6712,5253,7863,2073,9523,7603,1023,7273,9113,7923,3493,8793,659 -6.4% -5.7%
EPS 88.4183.59125.34102.00125.71119.5898.68118.54124.40120.62106.52123.38116.38 -6.4% -5.7%
OPM % 10.5% 9.2% 14.2% 13.2% 13.6% 14.3% 13.3% 13.1% 11.8% 12.0% 12.0% 11.2% 11.7% -0.8% +4.5%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹152,912 Cr ₹183,315 Cr ₹183,315 Cr +19.9%
Operating Profit ₹20,026 Cr ₹21,440 Cr ₹21,440 Cr +7.1%
OPM % 13.10% 11.70% 11.70% -10.7%
NPM % 9.48% 8.01% 8.01% -15.5%
Other Income ₹5,396 Cr ₹4,623 Cr ₹4,623 Cr -14.3%
Depreciation ₹9,755 Cr ₹8,298 Cr ₹8,298 Cr -14.9%
Interest ₹340 Cr ₹286 Cr ₹286 Cr -16.1%
EBIT ₹10,271 Cr ₹13,142 Cr ₹13,142 Cr +27.9%
PBT ₹34,323 Cr ₹24,061 Cr ₹24,061 Cr -29.9%
Tax ₹999 Cr ₹1,151 Cr ₹1,151 Cr +15.2%
Net Profit ₹14,500 Cr ₹14,679 Cr ₹14,679 Cr +1.2%
EPS ₹461.20 ₹466.90 ₹466.90 +1.2%
Material Cost ₹26,673 Cr ₹27,641 Cr ₹27,641 Cr +3.6%
Employee Cost ₹1,787 Cr ₹2,048 Cr ₹2,048 Cr +14.6%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 151157157157 +0.0%
Reserves 61,64085,47996,083106,999 +11.4%
Borrowings 1,24711987102 +17.2%
Other Liabilities 21,55829,55035,64441,622 +16.8%
Total Liabilities 84,597115,304131,971148,881 +12.8%
Fixed Assets 17,83027,86532,98334,955 +6.0%
CWIP 2,9047,7357,9299,406 +18.6%
Investments 49,18457,29666,26576,838 +16.0%
Other Assets 14,67822,40824,79427,681 +11.6%
Total Assets 84,597115,304131,971148,881 +12.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 9,25116,80116,13619,100 +18.4%
Cash from Investing Activity -8,036-11,865-14,456-14,734 -1.9%
Cash from Financing Activity -1,213-4,062-4,155-4,484 -7.9%
Net Cash Flow 2874-2,475-118 +95.2%
Free Cash Flow 3,0047,6465,5338,754 +58.2%
CFO/OP 104%110%99%109% +10.1%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 10121611 -31.2%
Inventory Days 18192331 +34.8%
Days Payable 50627061 -12.9%
Cash Conversion Cycle -22-31-31-19 +38.7%
Working Capital Days -26-26-242 +108.3%
ROCE % 14%24%22%19% -13.6%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 58.28%58.28%58.28%58.53% +0.4%
FIIs 15.20%15.78%15.76%14.12% -10.4%
DIIs 23.25%22.55%22.84%24.09% +5.5%
Government 0.08%0.08%0.08%0.08% +0.0%
Public 3.18%3.30%3.04%3.18% +4.6%
No. of Shareholders 3,67,6083,69,2053,66,1534,00,860 +9.5%

⚖️ Peer comparison

Industry: Auto Manufacturers · 10 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MARUTI Maruti Suzuki ₹12,400.00 389,859 26.6 183,315 14,679 11.7% 8.0% 19.9% 1.2% 28.2% -6.4%
2 M&M Mahindra & Mahindra ₹3,107.00 373,077 18.6 211,375 20,243 18.8% 9.6% 24.9% 32.3% 28.1% 37.0%
3 BAJAJ-AUTO Bajaj Auto ₹11,678.00 320,916 27.7 71,460 11,590 19.8% 16.2% 23.4% 44.4% 65.1% 46.0%
4 EICHERMOT Eicher Motors ₹7,530.00 206,715 35.8 24,998 5,773 24.7% 23.1% 24.0% 16.5% 31.5% 21.3%
5 TVSMOTOR TVS Motor ₹4,103.10 194,990 56.9 60,155 3,602 14.8% 6.0% 26.3% 33.9% 33.5% 64.5%
6 HYUNDAI HYUNDAI MOTOR ₹2,174.00 176,646 35.7 70,685 4,951 11.2% 7.0% 2.3% -3.7% -0.5% -35.1%
7 TMCV TATA MOTORS ₹434.25 159,925 38.5 87,165 4,149 13.1% 4.8% — — 19.3% 83.0%
8 TMPV Tata Motors ₹315.35 116,140 1.4 64,356 82,378 4.2% 128.0% 0.2% 1447.5% 11.8% -98.6%
9 HEROMOTOCO Hero MotoCorp ₹5,221.50 104,504 18.2 47,411 5,776 14.8% 12.2% 15.9% 32.0% 30.2% 26.1%
10 FORCEMOT Force Motors ₹17,705.00 23,329 18.6 9,200 1,252 16.1% 13.6% 12.2% 51.4% 6.2% 22.8%
❓ Frequently asked questions
What was Maruti Suzuki India Limited's revenue in Q4 FY26?
Maruti Suzuki India Limited reported revenue of ₹52,462 crore for the quarter ended March 2026 (Q4 FY26), up 28.2% from ₹40,920 crore in the same quarter last year, and up 5.1% sequentially over the December 2025 quarter.
What was Maruti Suzuki India Limited's net profit in Q4 FY26?
Net profit fell 6.4% year-on-year to ₹3,659 crore, from ₹3,911 crore. Earnings per share (EPS) came in at ₹116.38.
What is MARUTI's market capitalisation and P/E ratio?
At the current price of ₹11,489.00, MARUTI has a market capitalisation of ₹361,217 crore and a trailing P/E of about 24.6.
Who owns Maruti Suzuki India Limited? (shareholding pattern)
As of Mar 2026, promoters held 58.53%, foreign institutional investors (FIIs) 14.12%, domestic institutional investors (DIIs) 24.09%, the government 0.08%, public shareholders 3.18% of Maruti Suzuki India Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI