NSE: MARUTI | BSE: 532500

Turnaround Potential

Download real time

15108.00 -257.00 (-1.67%)

New 52W High today

538.3K NSE+BSE Volume

NSE 10 Sep, 2025 3:31 PM (IST)

474,999.4

Market Cap

Market Leader

0.9

Beta 1Year

Low volatility

Maruti Suzuki India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MARUTI, BSE:532500 Maruti Suzuki India Ltd.

Maruti Suzuki India Ltd.

29 Apr 2019

15108.00

-1.67%

Maruti Suzuki

Results Update: Maruti Suzuki India Ltd.

SMC online

Maruti Suzuki Profits Meets Estimates, Margin Contracts For the quarter ended March 2019, Maruti Suzuki registered 1% rise in sales to Rs 21459.4 crore. OPM fell 250 basis points to 10.5% which saw OP fall 18% to Rs 2263.40 crore. Other income grew 46% to Rs 867.7 crore and interest cost fell 68% to Rs 8.80 crore. As depreciation grew 15% to Rs 810.20 crore, PBT fell 12% to Rs 2312.10 crore. Provision for tax...

Maruti Suzuki India .. has an average target of 14714.08 from 14 brokers.

Maruti Suzuki India Ltd.

26 Apr 2019

15108.00

-1.67%

Maruti Suzuki (4QFY19): Well positioned to benefit from the BSVI transition. Maintain BUY

Buy: Maruti Suzuki India Ltd.

HDFC Securities

We re-iterate BUY as i) management expects to sustain market share and grow inline / ahead of the market in FY20 ii) Maruti remains well positioned to benefit from the transition to BSVI given its higher share of petrol variants. MSIL's share of diesel now stands at just 23% (lower than the industry mix). The synergies from the collaboration with Toyota will be felt over the medium term. Marutis 4Q PAT at Rs.18bn (-5% YoY) was inline with street estimates. We re-iterate our BUY on the stock. The stock trades at 24/21x FY20/21E EPS. Our earnings estimates are unchanged.

Maruti Suzuki India Ltd. has gained 29.53% in the last 6 Months

Maruti Suzuki India Ltd.

26 Apr 2019

15108.00

-1.67%

Maruti Suzuki India: Q4FY19 Result Review

Sell: Maruti Suzuki India Ltd.

Recommendation Target

IDBI Capital

MSIL Q4FY19 results were below our and consensus estimates at operating level. EBITDA margin declined to 10.5% vs our and consensus estimates of 11.7% and 12.5% respectively. Margins were majorly impacted on account of higher commodity prices, foreign exchange fluctuations and higher sales promotion. Adj. PAT for the quarter stood at Rs17.9bn above our and consensus estimates of Rs16bn and Rs17.6bn respectively mainly on account of higher other income. We cut our FY20E EBITDA/EPS estimates by 7%/8% respectively and introduce FY21 estimates. We have built in revenue/earnings CAGR of 10%/12% over FY19-21E with ROE of ~17% and average free...

Maruti Suzuki India .. has an average target of 14714.08 from 14 brokers.

Maruti Suzuki India Ltd.

26 Apr 2019

15108.00

-1.67%

Maruti Suzuki

Hold: Maruti Suzuki India Ltd.

Recommendation Target

Sharekhan

aided by higher other income and lower tax: Maruti Suzuki India Limited's (MSIL) Q4FY2019 results are weaker than our as well as consensus estimates on the operating front as the company posted lower-than-expected margins. The top line at Rs. 21,459 crore was almost flat (up 1.4% y-o-y for the quarter) primarily driven by a 1% increase in realisation on account of price hikes taken by...

Number of FII/FPI investors decreased from 1163 to 1143 in Jun 2025 qtr

Maruti Suzuki India Ltd.

26 Apr 2019

15108.00

-1.67%

Maruti Suzuki

Hold: Maruti Suzuki India Ltd.

Recommendation Target

Sharekhan

Maruti Suzuki India Ltd. is trading above all available SMAs

Maruti Suzuki India Ltd.

26 Apr 2019

15108.00

-1.67%

Maruti Suzuki

Hold: Maruti Suzuki India Ltd.

Arihant Capital

Maruti Suzuki India Ltd. has gained 29.53% in the last 6 Months

Maruti Suzuki India Ltd.

26 Apr 2019

15108.00

-1.67%

Maruti Suzuki India Ltd

Buy: Maruti Suzuki India Ltd.

Angel Broking

For 4QFY2019, Maruti Suzuki India (MSIL) posted below expectation results both on top-line and bottom-line fronts. MSIL reported ~1% yoy top-line growth to `21,459cr on the back of price hikes (up ~2% yoy). Moreover, the company's operating margins contracted by 370bps yoy. On the bottom-line front, MSIL reported de-growth of ~5% yoy to `1,796cr on

Maruti Suzuki India Ltd. is trading above all available SMAs

Maruti Suzuki India Ltd.

26 Apr 2019

15108.00

-1.67%

Maruti Suzuki India

Sell: Maruti Suzuki India Ltd.

Target

ICICI Securities Limited

Market leadership maintained, foremost in BS-VI model launch FY19 was a difficult year for the domestic automobile space with growth challenging, particularly in H2FY19. Demand sentiments were soured by a concurrent increase in fuel, insurance as well as finance costs during the seasonally important Dussehra-Diwali period. For FY19, total domestic sales growth in the automobile space were at 5.2% YoY wherein PV volumes were at 33.8 lakh units, up 2.7% YoY. MSIL in FY19 clocked domestic volumes of 17.3 lakh units, up 5.3% YoY and maintained its market leadership, ending...

Number of FII/FPI investors decreased from 1163 to 1143 in Jun 2025 qtr

Maruti Suzuki India Ltd.

26 Apr 2019

15108.00

-1.67%

Maruti Suzuki (MSIL) - Weak Q4, Maintain BUY on expectations of outperformance v/s industry

Buy: Maruti Suzuki India Ltd.

Target

LKP Securities

MSIL witnessed a -0.7% growth in volumes in Q4 and 5.5% growth in FY 2019. This has been a result of several macro headwinds such as rising fuel prices and interest rates, dampening sentiments, intensifying competition and subdued urban demand. Exports business also saw a negative growth...

Maruti Suzuki India Ltd. has gained 29.53% in the last 6 Months

Maruti Suzuki India Ltd.

25 Apr 2019

15108.00

-1.67%

Maruti Suzuki (BUY): Anaemic sales dent profitability

Buy: Maruti Suzuki India Ltd.

Target

BOB Capital Markets Ltd.

Maruti Suzuki's (MSIL) Q4FY19 revenue grew a muted 1.4% YoY to Rs 214.6bn. EBITDA fell 25% YoY to Rs 22.6bn and adj. PAT declined 13% to Rs 17.9bn. Despite a subdued near-term PV outlook, We expect MSIL to maintain its above-industry performance. Benefits of operating leverage at the Gujarat plant, normalised inventory and lower discounts can help margins recover from H2FY19 lows. We pare FY20/FY21 EPS estimates by 3.7%/2.3% to build in...

Axis Direct increased Hold price target of Maruti Suzuki India Ltd. to 16425.0 on 05 Sep, 2025.

Is Maruti Suzuki India Ltd. worth buying?

1116 Votes:

Buy 72.31%

Sell 15.41%

Hold 12.28%

RESEARCH REPORTS

Hold SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf