Maruti Suzuki India Ltd Share Price ₹13,366

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Maruti Suzuki India Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	32,214	32,535	37,339	33,513	38,471	35,779	37,449	38,764	40,920	38,605	42,344	49,904	52,462
Expenses +	28,320	29,015	32,028	29,073	33,250	30,673	32,450	33,688	36,076	33,983	37,258	44,331	46,304
Operating Profit	3,894	3,520	5,312	4,440	5,221	5,107	4,999	5,076	4,844	4,623	5,086	5,573	6,158
OPM %	12%	11%	14%	13%	14%	14%	13%	13%	12%	12%	12%	11%	12%
Other Income +	850	1,110	958	1,053	1,261	1,118	1,570	1,125	1,583	1,924	1,014	1,140	581
Interest	164	46	35	36	76	57	43	46	48	47	57	62	73
Depreciation	1,240	1,314	1,342	1,302	1,298	1,332	1,386	1,429	1,462	1,556	1,703	1,735	1,748
Profit before tax	3,341	3,269	4,892	4,156	5,108	4,836	5,141	4,726	4,918	4,944	4,339	4,917	4,918
Tax %	20%	22%	23%	23%	23%	22%	40%	21%	20%	23%	23%	21%	26%
Net Profit +	2,688	2,543	3,786	3,207	3,952	3,760	3,102	3,727	3,911	3,792	3,349	3,879	3,659
EPS in Rs	88.97	84.18	125.34	102.00	125.71	119.58	98.68	118.54	124.40	120.62	106.52	123.38	116.38

Financials of Maruti Suzuki India Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	50,801	57,589	68,085	79,809	86,068	75,660	70,372	88,330	117,571	141,858	152,913	183,316
Expenses +	43,909	48,565	57,664	67,692	75,012	68,305	64,961	82,578	106,542	123,232	132,689	161,860
Operating Profit	6,892	9,024	10,421	12,118	11,056	7,355	5,411	5,752	11,029	18,626	20,224	21,456
OPM %	14%	16%	15%	15%	13%	10%	8%	7%	9%	13%	13%	12%
Other Income +	817	1,464	2,399	2,155	2,664	3,410	3,046	1,861	2,307	4,248	5,199	4,643
Interest	218	82	89	346	76	134	102	127	187	194	194	239
Depreciation	2,515	2,822	2,604	2,760	3,021	3,528	3,034	2,789	2,826	5,256	5,608	6,742
Profit before tax	4,976	7,585	10,127	11,167	10,624	7,103	5,321	4,697	10,323	17,424	19,620	19,118
Tax %	24%	28%	26%	29%	28%	20%	18%	17%	20%	23%	26%	23%
Net Profit +	3,809	5,497	7,511	7,881	7,651	5,678	4,389	3,880	8,211	13,488	14,500	14,680
EPS in Rs	126.04	181.98	248.61	260.86	253.21	187.90	145.30	128.43	271.82	429.01	461.20	466.90
Dividend Payout %	20%	19%	30%	31%	32%	32%	31%	47%	33%	29%	29%	30%

Financials of Maruti Suzuki India Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	151	151	151	151	151	151	151	151	151	157	157	157
Reserves	24,167	30,465	36,924	42,408	46,941	49,262	52,350	55,182	61,640	85,479	96,083	106,999
Borrowings +	666	231	484	121	160	184	541	426	1,247	119	87	102
Other Liabilities +	9,492	11,879	14,402	17,568	16,717	14,031	18,335	18,896	21,558	29,550	35,644	41,622
Total Liabilities	34,477	42,726	51,960	60,248	63,969	63,628	71,376	74,656	84,597	115,304	131,971	148,881
Fixed Assets +	12,490	12,530	13,311	13,389	15,437	15,744	14,989	13,747	17,830	27,865	32,983	34,955
CWIP	1,890	1,007	1,252	2,132	1,607	1,415	1,497	2,936	2,904	7,735	7,929	9,406
Investments	13,298	20,676	29,151	36,123	37,504	37,488	42,945	42,035	49,184	57,296	66,265	76,838
Other Assets +	6,800	8,513	8,247	8,604	9,421	8,980	11,946	15,937	14,678	22,408	24,794	27,681
Total Assets	34,477	42,726	51,960	60,248	63,969	63,628	71,376	74,656	84,597	115,304	131,971	148,881

Financials of Maruti Suzuki India Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	6,449	8,482	10,282	11,788	6,601	3,496	8,856	1,840	9,251	16,801	16,136	19,100
Cash from Investing Activity +	-4,491	-7,230	-9,173	-8,302	-3,540	-557	-7,291	-239	-8,036	-11,865	-14,456	-14,734
Cash from Financing Activity +	-2,004	-1,237	-1,129	-3,436	-2,948	-3,104	-1,545	-1,607	-1,213	-4,062	-4,155	-4,484
Net Cash Flow	-45	16	-20	50	113	-165	20	-6	2	874	-2,475	-118
Free Cash Flow	3,408	6,026	6,907	7,903	1,899	96	6,528	-1,483	3,004	7,646	5,533	8,754
CFO/OP	109%	115%	121%	122%	88%	67%	182%	52%	104%	110%	99%	109%

Financials of Maruti Suzuki India Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	8	8	6	7	10	10	7	8	10	12	16	11
Inventory Days	28	30	25	21	20	22	22	20	18	19	23	31
Days Payable	57	70	65	70	59	51	73	54	50	62	70	61
Cash Conversion Cycle	-20	-32	-33	-42	-29	-20	-44	-26	-22	-31	-31	-19
Working Capital Days	-26	-27	-36	-40	-30	-20	-50	-30	-26	-26	-24	2
ROCE %	19%	23%	24%	24%	19%	9%	11%	6%	14%	24%	22%	19%