Maruti Suzuki Share Price Target 2024 2025 2026 2027 2028 2029 2030 Fundamentals & Quarterly Results –Maruti Suzuki India Limited, which was previously known as Maruti Udyog Limited, is a car manufacturing firm situated in New Delhi, India. It operates as a subordinate of Suzuki Motor Corporation, which hails from Japan. Maruti Suzuki has a total of 3,598 sales outlets situated in 1,861 cities in India. According to the Brand Trust Report for 2013, published by Trust Research Advisory, Maruti Suzuki was ranked 37 among India’s most trustable brands in 2013, but by 2019, it had risen to 9th position.
Maruti Suzuki Overview
Contents
The Year of Incorporation is 1981. A joint venture between the Government of India and Suzuki Motor Corporation (SMC) Japan was made formal in 1982. As of 2002, she became a SMC subsidiary. The company holds the largest market share in the passenger vehicle segment in the Indian market. In respect of production and sales, the company today is the largest subsidiary for SMC. SMC now hold 56.28% equity stake in the company. The core activities of the Company include manufacturing, buying and selling of motor vehicles, parts and accessories.
Company Name | Maruti Suzuki India Ltd |
---|---|
Listed at | NSE & BSE |
Head Office | Maruti Suzuki India Limited Old Palam Gurugram Road, Gurugram, Haryana – 122015 |
Board Of Directors |
|
Official Website | marutisuzuki.com |
Also Check sun pharma share Price target
Maruti Suzuki Business Profile
The company is engaged in the business of manufacturing and selling vehicles as well as their parts and accessories under three segments which are; goods carrying vehicles, passenger vehicles and other categories of vehicles. In addition, the most well-known brands of the company include Baleno, Super Carry, Eeco Cargo, S-Cross, XL6, Ignis, S-Presso, Celerio, Alto, Ertiga, WagonR, Celerio, Swift, DZire, Ciaz, Eeco as well as Brezza. Besides manufacturing automobiles, Maruti Suzuki also provides finance, sells insurances, accessories and vehicle parts, runs a driving school, and leases or manages a fleet of vehicles. The corporation operates two manufacturing units situated in Gurugram and Manesar regions and has a wide reach to various countries including India, Europe, Asia, Australia, and South America.
Also Check Tech Mahindra Share Price Target
BS-VI models
Another factor contributing to the superior market position of MSIL is the early transition of its entire portfolio into BS-VI models than that of all its competitors. Thanks to previous model success and growing acceptance of its BS-VI models combined with growing product portfolio, MSIL has intensified its leading position in the market. For example, out of the top 10 best-selling models in the year spanning fiscal 2020, MSIL had 7 models included therein.
Also Check Voltas Share Price Target
Strong financial risk profile
MSIL has sustained its solid financial risk profile characterized by assessed considerable net worth and liquidity of ~Rs.61,000 crore and ~Rs.47,000 crore as of March 31, 2023. The company has strong cash generating capacity and has only very modest working capital borrowings.
Also Check Varun Beverages Share Price Target
Launch of NEXA
Innovation for Maruti Suzuki, NEXA will be the first step towards developing a completely new premium automotive retail that will help company to grow its presence in the mid to premium space. It is one of the most advanced technologically and digitally in terms of buying experience for the automobile customers with the latest iPads and smart phones application for the customers.
Also Check Urja Global share Price Target
Widest service network
The breadth of its service network has extended beyond 4,000 touch-points around the country covering 1989 towns and cities. This is the widest service network that any automobile brand in the country has been able to provide.
Also Check Trent Share Price Target
Association
The breadth of its service network has extended beyond 4,000 touch-points around the country covering 1989 towns and cities. This is the widest service network that any automobile brand in the country has been able to provide.
Also Check HDFC Bank Share Price Target
Acquisition
MSIL is planning to acquire complete percentage of SMG (Suzuki Motor Gujarat Private Limited) shares that are under SMC (Suzuki Motor Corporation-Japan, being the parent company of MSIL) at its net book value (~Rs.12,500) by reiterating the issue MSIL equity shares in favor of SMC and simultaneously ceasing the original equipment manufacturing (OEM) contract roll over dated back to 2014 when both companies dedicated their entire supply to each other on the basis of no profit and no loss.
Also Check TATA Tech Share Price Target
Maruti Suzuki Fundamentals & Quarterly Results
Market Cap | ₹ 3,62,399 Cr. |
Current Price | ₹ 11,527 |
High / Low | ₹ 13,680 / 9,738 |
Stock P/E | 24.6 |
Book Value | ₹ 2,724 |
Dividend Yield | 1.07 % |
ROCE | 21.8 % |
ROE | 16.8 % |
Face Value | ₹ 5.00 |
Debt to Equity | 0.00 |
Debt Capacity | 0.24 |
Debt (preceding year) | ₹ 1,248 Cr. |
Debt | ₹ 119 Cr. |
Reserves | ₹ 85,479 Cr. |
EPS | ₹ 473 |
EPS (last year) | ₹ 429 |
Pledged Percentage | 0.00 % |
Free Cash Flow (Previous Annual) | ₹ 2,858 Cr. |
EV/EBITDA | 14.7 |
Industry PE | 25.2 |
PEG Ratio | 1.39 |
Piotroski Score | 8.00 |
Earnings Yield | 5.23 % |
Sales Growth (5 Years) | 10.5 % |
Also Check Tata Power Share Price Target
Maruti Suzuki Quarterly Results
Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
---|---|---|---|---|---|---|---|---|---|
Sales | 26,512 | 29,942 | 29,251 | 32,214 | 32,535 | 37,339 | 33,513 | 38,471 | 35,779 |
Expenses | 24,597 | 27,172 | 25,878 | 28,320 | 29,015 | 32,022 | 29,073 | 33,250 | 30,673 |
Operating Profit | 1,915 | 2,771 | 3,373 | 3,894 | 3,520 | 5,318 | 4,440 | 5,221 | 5,107 |
OPM % | 7% | 9% | 12% | 12% | 11% | 14% | 13% | 14% | 14% |
Other Income | 112 | 662 | 893 | 850 | 1,110 | 952 | 1,053 | 1,261 | 1,118 |
Interest | 28 | 31 | 30 | 164 | 46 | 35 | 36 | 76 | 57 |
Depreciation | 652 | 723 | 1,209 | 1,240 | 1,314 | 1,342 | 1,302 | 1,298 | 1,332 |
Profit before tax | 1,347 | 2,679 | 3,027 | 3,341 | 3,269 | 4,892 | 4,156 | 5,108 | 4,836 |
Tax % | 23% | 21% | 21% | 20% | 22% | 23% | 23% | 23% | 22% |
Net Profit | 1,036 | 2,112 | 2,406 | 2,688 | 2,543 | 3,786 | 3,207 | 3,952 | 3,760 |
EPS in Rs | 34.30 | 69.93 | 79.65 | 88.97 | 84.18 | 125.33 | 102.00 | 125.71 | 119.58 |
Also Check Kotak Mahindra Bank Share Price Target
CAGR Report
Metric | 10 Years | 5 Years | 3 Years | TTM / 1 Year |
---|---|---|---|---|
Compounded Sales Growth | 12% | 11% | 26% | 17% |
Compounded Profit Growth | 18% | 18% | 45% | 51% |
Stock Price CAGR | 14% | 10% | 17% | 13% |
Return on Equity | 13% | 11% | 12% | 17% |
Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
---|---|---|---|---|---|---|---|
Promoters | 56.21% | 56.28% | 56.37% | 56.37% | 56.48% | 58.19% | 58.19% |
FIIs | 22.30% | 21.63% | 23.11% | 22.57% | 21.11% | 19.64% | 17.68% |
DIIs | 13.41% | 16.69% | 15.08% | 16.25% | 18.57% | 18.86% | 20.75% |
Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.06% | 0.07% |
Public | 8.09% | 5.40% | 5.44% | 4.81% | 3.78% | 3.24% | 3.31% |
No. of Shareholders | 4,38,699 | 4,06,100 | 4,61,379 | 4,31,889 | 4,15,127 | 3,64,375 | 3,82,573 |
Maruti Suzuki Price Target 2024-2025 Forecast
Year | Initial Target | Mid-Year Target | Year-End Target |
---|---|---|---|
2024 | ₹13921.43 | ₹16187.41 | ₹17547 |
2025 | ₹17898 | ₹16823 | ₹20082 |
2026 | ₹20484 | ₹19253 | ₹22983 |
2027 | ₹23443 | ₹22034 | ₹26303 |
2028 | ₹26829 | ₹25215 | ₹30100 |
2029 | ₹30702 | ₹28856 | ₹34444 |
2030 | ₹35133 | ₹33022 | ₹39420 |
Month | Target |
January | ₹17898 |
February | ₹18256 |
March | ₹18621 |
April | ₹18001 |
May | ₹17402 |
June | ₹16823 |
July | ₹17496 |
August | ₹18196 |
September | ₹18924 |
October | ₹19302 |
November | ₹19688 |
December | ₹20082 |
Month | Target |
January | ₹20484 |
February | ₹20894 |
March | ₹21312 |
April | ₹20602 |
May | ₹19916 |
June | ₹19253 |
July | ₹20023 |
August | ₹20824 |
September | ₹21657 |
October | ₹22090 |
November | ₹22532 |
December | ₹22983 |
Month | Target |
January | ₹23443 |
February | ₹23912 |
March | ₹24390 |
April | ₹23578 |
May | ₹22793 |
June | ₹22034 |
July | ₹22915 |
August | ₹23832 |
September | ₹24785 |
October | ₹25281 |
November | ₹25787 |
December | ₹26303 |
Month | Target |
January | ₹26829 |
February | ₹27366 |
March | ₹27913 |
April | ₹26983 |
May | ₹26084 |
June | ₹25215 |
July | ₹26224 |
August | ₹27273 |
September | ₹28364 |
October | ₹28931 |
November | ₹29510 |
December | ₹30100 |
Month | Target |
January | ₹30702 |
February | ₹31316 |
March | ₹31942 |
April | ₹30878 |
May | ₹29850 |
June | ₹28856 |
July | ₹30010 |
August | ₹31210 |
September | ₹32458 |
October | ₹33107 |
November | ₹33769 |
December | ₹34444 |
Month | Target |
January | ₹35133 |
February | ₹35836 |
March | ₹36553 |
April | ₹35336 |
May | ₹34159 |
June | ₹33022 |
July | ₹34343 |
August | ₹35717 |
September | ₹37146 |
October | ₹37889 |
November | ₹38647 |
December | ₹39420 |
Official Website –marutisuzuki.com