NSE: MARUTI | BSE: 532500

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15801.00 228.00 (1.46%)

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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.

05 Nov 2018

15801.00

1.46%

Diwali Picks 2018 - 5 November 2018

Buy: Maruti Suzuki India Ltd.

Way2Wealth

Maruti Suzuki India Ltd. has gained 37.24% in the last 6 Months

Maruti Suzuki India Ltd.

29 Oct 2018

15801.00

1.46%

Maruti Suzuki India Ltd.-Q2FY19 Result Update-Better product mix restricts the damage

Buy: Maruti Suzuki India Ltd.

Religare

Maruti Suzuki (MSIL) reported better than expected set of numbers considering muted volume growth and higher cost pressures during the quarter. The sales growth (3.1% yoy) was largely led by better product mix and higher other operating income during the quarter. However, EBITDA and PAT de-grew by 6.7% and 9.8% on account of dismal operational performance, higher interest cost and muted growth in other income.

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

Maruti Suzuki India Ltd.

29 Oct 2018

15801.00

1.46%

Result Updates

Buy: Maruti Suzuki India Ltd.

Target

Angel Broking

For 2QFY2019, Maruti Suzuki India (MSIL) posted slightly better numbers, in-line with expectation on EBITDA margin front (after adjusting for one time engineering service fee received from Suzuki of `2bn) as well as on the bottom-line front. MSIL reported ~3% yoy top-line growth to `22,433cr on the back of price hike (up ~4.5% yoy). The c..

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

Maruti Suzuki India Ltd.

26 Oct 2018

15801.00

1.46%

Maruti Suzuki (2QFY19): Negatives priced in. Maintain BUY

Buy: Maruti Suzuki India Ltd.

Recommendation Target

HDFC Securities

Maintain BUY with TP Rs 8252(22x core EPS+~Rs 1255 cash/share). Expect EPS growth of 15% over FY18-21E (assuming 9% volume CAGR over FY18-21E). Maruti Suzuki (MSIL) delivered slightly better than expected performance in 2Q, EBITDA margin adjusted for one-off (Rs 2bn as engineering service fee received from Suzuki) was 14.5%, (vs est. of 14.2%). Revenue stood at Rs 224.3bn (+3% YoY, adjusted +1.9%). APAT at Rs 21bn vs est Rs 20bn. Challenges like rising fuel prices, flood impact in several states, higher interest rates and insurance cost affected the PV demand in 2Q.

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

Maruti Suzuki India Ltd.

26 Oct 2018

15801.00

1.46%

Result Review of Maruti Suzuki India

Hold: Maruti Suzuki India Ltd.

Target

IDBI Capital

MSIL Q2FY19 result was above our and consensus estimates on operating level. EBITDA margin for the quarter stood at 15.3% vs our and consensus estimates of 14.7% and 14.3% respectively. Adj. PAT for the quarter stood at Rs22.4 bn; higher than our and...

Maruti Suzuki India Ltd. has gained 26.11% in the last 3 Months

Maruti Suzuki India Ltd.

26 Oct 2018

15801.00

1.46%

Maruti Suzuki India

Hold: Maruti Suzuki India Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Maruti Suzuki Ltd (MSIL) reported steady performance in Q2FY19 with optical out-performance led by higher other operating income (~| 200 crore) on account of income from services from its parent. Total operating income in Q2FY19 stood at | 22,433 crore, up 3.1% YoY. ASP for the quarter came in at | 4.44 lakh/unit, flat YoY. Discounting however was aggressive at | 18,750/unit, up 23% YoY Volumes for Q2FY19 stood at 484,848 units, down 1.5% YoY. Of...

Maruti Suzuki India Ltd. has gained 37.24% in the last 6 Months

Maruti Suzuki India Ltd.

26 Oct 2018

15801.00

1.46%

Maruti Suzuki

Buy: Maruti Suzuki India Ltd.

Target

Dolat Capital

MSIL Q2FY19 numbers were in line on revenue and operating level. Miss on net profitability was due to lower other income. MSIL, continuing with its cost optimization program, improved its operating margins on QoQ basis. Competitive intensity is on a rise but MSIL is well quipped to overcome the same driven by the product launches and better economics on ownership front as compared to peers. Volume growth in the quarter was impacted due to high base quarter in FY18 and uneven monsoons in some parts of the country. We believe that MSIL will be able to repeat the...

Maruti Suzuki India Ltd. has gained 22.15% in the last 1 Month

Maruti Suzuki India Ltd.

26 Oct 2018

15801.00

1.46%

Maruti Suzuki (MSIL) - Demand concerns spring up, worries to continue over some time.......

Buy: Maruti Suzuki India Ltd.

Target

LKP Securities

Demand concerns spring up, worries to continue over some time Q2 performance muted as expected Maruti Suzuki India Ltd (MSIL)'s Q2 FY19 numbers came in line with our tepid expectations as volumes reflected a negative growth of 1% yoy and 1.5% qoq. High base of last year, slowdown in urban retail demand, higher fuel prices, rising interest rates, intensifying competition led to this performance. Realizations growth was flat yoy, while grew by just 2% on a slightly improved product mix. Revenues grew by 1% yoy and fell by 1.2% qoq. EBITDA margins came up at 15.3%, which were supported by Engineering Services Fees worth 2bn booked in the other operating...

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

Maruti Suzuki India Ltd.

26 Oct 2018

15801.00

1.46%

Maruti Suzuki: Results in Line - Retain BUY

Buy: Maruti Suzuki India Ltd.

Recommendation Target

Karvy

Results in Line - Retain BUY: During Q2FY19, MSIL sales grew by 3.1% YoY to Rs224.3bn (above our estimates Rs223 bn). Its EBITDA margins declined by 160bps to 15.3% (below our estimates of 15.9%).

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?

1117 Votes:

Buy 72.34%

Sell 15.4%

Hold 12.26%

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