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Earnings Call

Maruti Suzuki India Earnings Call: Key Takeaways

Maruti Suzuki reported FY26 Net Sales of ₹1,743,695mn (up 20.2%) and PAT of ₹144,454mn. Performance was driven by higher sales volumes and favorable operating leverage despite commodity price headwinds.

Highlights
Revenue growthFY26 Net Sales up 20.2% YoY.
MarginsFY26 EBITDA margin at 12.3% vs 13.9% YoY.

Growth

FY26 Net Sales grew 20.2% YoY; EBITDA increased 6.5%. Q4 FY26 sales volume rose 11.8% YoY to 676,209 units.

Outlook

Note: Suzuki Motor Gujarat amalgamated with MSIL effective Dec 2025; financial statements restated for comparison.

Risks

Adverse commodity prices and lower non-operating income impacted margins. New model expenses noted in Q4.

Source

Earnings Call filed with NSE, NSE: MARUTI. Summary written with AI assistance from the document.

Read the document ↗

Maruti Suzuki India Ltd: key numbers

Share price
₹12,065.00
Market cap
₹3,79,327 Cr
Revenue (annual)
₹1,83,316 Cr
Net profit (annual)
₹14,680 Cr
P/E (TTM)
26.5×Sector 33.6×
Promoter holding
58.65%+0.12% QoQ
FII holding
12.82%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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