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13 Apr 2025 |
Maruti Suzuki
|
Consensus Share Price Target
|
11599.05 |
14008.15 |
- |
20.77 |
buy
|
|
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28 Feb 2025
|
Maruti Suzuki
|
Ventura
|
11599.05
|
15336.00
|
11945.85
(-2.90%)
|
32.22 |
Buy
|
|
|
Company Update
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|
17 Feb 2025
|
Maruti Suzuki
|
Sharekhan
|
11599.05
|
14500.00
|
12762.90
(-9.12%)
|
25.01 |
Buy
|
|
|
MSIL’s (Maruti Suzuki India Ltd) Q3FY25 performance was decent with revenue inline of estimates, while EBITDA margin beat expectations with q-o-q rise in gross margins.
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30 Jan 2025
|
Maruti Suzuki
|
Axis Direct
|
11599.05
|
12065.00
|
12000.00
(-3.34%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock.
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29 Jan 2025
|
Maruti Suzuki
|
Anand Rathi
|
11599.05
|
14200.00
|
11977.90
(-3.16%)
|
22.42 |
Buy
|
|
|
Broadly in line with our estimate, Maruti Suzuki’s Q3 standalone EBITDA grew 14% y/y to Rs44.7bn. Domestic volumes would clock a 6% CAGR over FY25-27 due to higher income levels, rebound of firsttime buyers, rural demand, launches and greater support by financiers.
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29 Jan 2025
|
Maruti Suzuki
|
Motilal Oswal
|
11599.05
|
14500.00
|
11977.90
(-3.16%)
|
25.01 |
Buy
|
|
|
Maruti Suzuki India (MSIL) reported an in-line performance during 3QFY25. Margin dilution in Q3 was restricted to 30bps QoQ despite the rise in discounts due to favorable operating leverage benefits.
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19 Nov 2024
|
Maruti Suzuki
|
Asit C Mehta Investment Interrmediates
|
11599.05
|
14250.00
|
10959.30
(5.84%)
|
22.85 |
Accumulate
|
|
|
We estimate a forward P/E multiple of 25x based on FY27E EPS of Rs 570, resulting in a target price of Rs 14,250 per share.
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31 Oct 2024
|
Maruti Suzuki
|
Sharekhan
|
11599.05
|
12874.00
|
11076.45
(4.72%)
|
Target met |
Buy
|
|
|
EBITDA margin missed estimates on a 130 bps y-o-y contraction in gross margins.
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31 Oct 2024
|
Maruti Suzuki
|
BP Wealth
|
11599.05
|
|
11076.45
(4.72%)
|
|
Results Update
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|
30 Oct 2024
|
Maruti Suzuki
|
BOB Capital Markets Ltd.
|
11599.05
|
13451.00
|
11256.45
(3.04%)
|
Target met |
Buy
|
|
|
Q2FY25 revenue was flat YoY (+5% QoQ) in a challenging quarter, realisation improved by 2%/1% YoY/QoQ
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30 Oct 2024
|
Maruti Suzuki
|
Axis Direct
|
11599.05
|
12065.00
|
11256.45
(3.04%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock
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|
30 Oct 2024
|
Maruti Suzuki
|
KRChoksey
|
11599.05
|
13407.00
|
11256.45
(3.04%)
|
Target met |
Buy
|
|
|
MSIL, sold 541,550 vehicles during Q2FY25, declined by 1.9% YoY (+3.8% QoQ). Revenue for the quarter stood at INR 374,492 Mn, up by 0.3% YoY/ (+4.7% QoQ), which is in line with our estimates.
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30 Oct 2024
|
Maruti Suzuki
|
ICICI Direct
|
11599.05
|
12450.00
|
11256.45
(3.04%)
|
Target met |
Hold
|
|
|
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|
28 Aug 2024
|
Maruti Suzuki
|
Motilal Oswal
|
11599.05
|
15160.00
|
12357.50
(-6.14%)
|
30.70 |
Buy
|
|
|
We summarize below the key takeaways from MSIL’s FY24 Annual Report. MSIL will continue to partner with India on its ambitious Viksit Bharat initiative.
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07 Aug 2024
|
Maruti Suzuki
|
Geojit BNP Paribas
|
11599.05
|
12830.00
|
12371.50
(-6.24%)
|
Target met |
Hold
|
|
|
|
|
06 Aug 2024
|
Maruti Suzuki
|
KRChoksey
|
11599.05
|
14148.00
|
12131.10
(-4.39%)
|
21.98 |
Buy
|
|
|
MSIL sold 521,868 vehicles during Q1FY25, growing by 4.8% YoY / (-10.6% QoQ). For Q1FY25 revenue stood at INR 357,794 Mn, up 10.0% YoY/ (-7.0% QoQ). Revenue was 2.7% higher than our estimate, as the average realization was up by 4.8% YoY/ 3.3% QoQ.
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03 Aug 2024
|
Maruti Suzuki
|
BOB Capital Markets Ltd.
|
11599.05
|
13305.00
|
12726.40
(-8.86%)
|
Target met |
Hold
|
|
|
Q1 revenue grew 10% YoY driven by demand in SUVs and realisations which improved 5%/4% YoY/QoQ
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01 Aug 2024
|
Maruti Suzuki
|
Axis Direct
|
11599.05
|
14235.00
|
13359.05
(-13.17%)
|
22.73 |
Hold
|
|
|
We maintain a HOLD rating with an upside of 8% from the current market price (CMP).
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01 Aug 2024
|
Maruti Suzuki
|
ICICI Direct
|
11599.05
|
13850.00
|
13359.05
(-13.17%)
|
19.41 |
Hold
|
|
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|
31 Jul 2024
|
Maruti Suzuki
|
Sharekhan
|
11599.05
|
14712.00
|
13115.80
(-11.56%)
|
26.84 |
Buy
|
|
|
Maruti Suzuki India Limited (MSIL) reported better-than-expected earnings estimates in Q1FY2025 on account of a strong operating performance in support of healthy gross margin expansion on a y-o-y basis.
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|
27 Jul 2024
|
Maruti Suzuki
|
Motilal Oswal
|
11599.05
|
14440.00
|
12663.70
(-8.41%)
|
24.49 |
Buy
|
|
|
Suzuki, the parent company of Maruti Suzuki India (MSIL), has unveiled its next 10-year technology strategy aimed at achieving minimal energy consumption throughout the lifecycle of its products.
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