Maruti Suzuki (MARUTI) Stock Price, Fundamentals & Analysis

What MARUTI does

Maruti Suzuki (MARUTI) is an Indian automaker listed on the National Stock Exchange of India. The company manufactures and sells passenger and commercial vehicles — including hatchbacks, sedans, SUVs, MPVs, and vans — along with parts and accessories. It also facilitates pre-owned car sales, fleet management, car financing, driving school services, insurance, and accessories. Maruti Suzuki exports to South Africa, Saudi Arabia, Chile, Japan, Mexico, and other markets. Founded in 1981 and headquartered in New Delhi, India, it operates as a subsidiary of Suzuki Motor Corporation and was formerly known as Maruti Udyog Limited before being renamed in September 2007. Within the Indian equities space, it is often discussed alongside peers such as Tata Motors Passenger Vehicles (TMPV), Mahindra & Mahindra (M&M), and Eicher Motors (EICHERMOT).

Key numbers explained

• 12,065 INR is the current share price, sitting near the lower end of its 52-week range of 11,975 – 17,370. The stock is down 25% over the past year.
• The P/E ratio (trailing) is 26,5, meaning investors currently pay roughly 26.5 times the company's earnings per share of 456,06 INR. The forward P/E of 19,9 reflects expected higher earnings.
• The dividend yield is 1,16%, with the next ex-dividend date on 7 aug. 2026. Maruti Suzuki pays out about 30% of earnings as dividends.
• Beta of 0,23 indicates the stock has historically moved much less than the broader market.
• Market capitalization is 3.79T INR, placing it among the largest companies in India.
• Revenue of 1,97 tril. INR grew 35,9% year over year, while the profit margin is 7,3% and the operating margin is 4,8%.
• The price-to-book ratio of 3,54 shows the stock trades above its book value. A debt-to-equity ratio of just 0,1% signals very low leverage.

What to watch

Several factors typically influence an auto manufacturer like Maruti Suzuki. Fuel prices and consumer demand for vehicles directly affect sales volumes and pricing power. Regulatory changes — including emission norms and safety standards — can shift production costs. Competitive pressure from peers such as Bajaj Auto (BAJAJ-AUTO) and Tata Motors Passenger Vehicles (TMPV) shapes market share. The upcoming earnings release on 29 oct. 2026 will provide updated financial results. Broader market trends, including movements in the Nifty 50, also affect sentiment toward large-cap stocks.