{"id":57718,"date":"2025-07-11T16:03:54","date_gmt":"2025-07-11T10:33:54","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=57718"},"modified":"2026-01-23T17:33:57","modified_gmt":"2026-01-23T12:03:57","slug":"maruti-suzuki-share-price-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/maruti-suzuki-share-price-all-you-need-to-know\/","title":{"rendered":"Maruti Suzuki Share Price: All You Need to Know"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p><\/p>\n\n\n\n<p>India\u2019s largest <a href=\"https:\/\/www.equentis.com\/stocks-screener\/sector\/automobiles---passenger-cars_12\">carmaker Maruti Suzuki<\/a> is gearing up for a major portfolio transformation with the upcoming launch of its first electric vehicle (EV), the e-Vitara, expected in the first half of FY26.<\/p>\n\n\n\n<p>This marks a pivotal moment for India\u2019s leading carmaker. Can Maruti replicate the dominance it enjoys in the ICE (internal combustion engine) segment in the <a href=\"https:\/\/www.equentis.com\/blog\/electric-vehicles-market-to-grow-114-bn-by-2029\/\">fast-evolving EV space<\/a>? That\u2019s the question on every investor\u2019s and analyst\u2019s mind.<\/p>\n\n\n\n<p>In this article, we dive deep into Maruti share price performance, long-term business outlook, and how the EV shift could impact its share price.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Maruti Suzuki Business Overview<\/h2>\n\n\n\n<p>Maruti Suzuki is a wholly owned subsidiary of Suzuki Motor Corporation of Japan. Originally, it was established as a joint venture between the Government of India and Suzuki Motor Corporation. It is the largest passenger vehicle manufacturer in India, with a market share of 40% as of FY25.&nbsp;<\/p>\n\n\n\n<p>The company operates two manufacturing plants in Gurgaon and Manesar (Haryana), with a combined annual capacity of 2 million units. Additionally, with its contract manufacturing plant, Suzuki Motor Gujarat (SMG), adds further capacity for exports and domestic demand.&nbsp;<\/p>\n\n\n\n<p>Maruti Suzuki has divided its sales channel into four segments:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nexa: <\/strong>It provides a premium sales experience targeted at new customer segments, offering a global buying experience, innovative technology, and enhanced hospitality.&nbsp;<\/li>\n\n\n\n<li><strong>Arena: <\/strong>A youthful and modern destination that offers sub-premium segment cars to customers.<\/li>\n\n\n\n<li><strong>Commercial: <\/strong>It&#8217;s an automobile retail channel for light commercial vehicles.<\/li>\n\n\n\n<li><strong>True Value<\/strong>: It&#8217;s a destination for the sale and purchase of pre-owned cars at fair and transparent prices.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>The company has a distribution network of over 4,440 sales outlets, with over 4,964 service touchpoints.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Maruti Suzuki Management Team<\/h2>\n\n\n\n<p><strong>Mr. R. C. Bhargava <\/strong>is the Chairman of Maruti Suzuki and is responsible for stakeholder relationships, <a href=\"https:\/\/www.equentis.com\/blog\/exploring-socially-responsible-investment-sri-investing-with-purpose\/\">corporate social responsibility<\/a>, and risk management. He has been with the company since its inception. Mr. Bhargava began his career as an IAS officer, and his first appointment was as Joint Secretary in the Government of India&#8217;s Ministry of Energy.&nbsp;<\/p>\n\n\n\n<p><strong>Mr. Hisashi Takeuchi<\/strong> is the Managing Director &amp; CEO and has joined the parent company, Suzuki Motor Corporation (SMC) in 1986. He has graduated from the Faculty of Economics, Yokohama National University.&nbsp;<\/p>\n\n\n\n<p><strong>Mr. Kenichi Ayukawa <\/strong>has been the Director of Maruti Suzuki since July 2008 and also served as a member of the Board. A law graduate from Osaka University, Japan, Mr Ayukawa joined Suzuki Motor Corporation in 1980.&nbsp;<\/p>\n\n\n\n<p><strong>Mr. Sunil Kakkar <\/strong>is the Director (Corporate Planning) and is a seasoned professional with over 35 years of experience at the company. He spearheaded many ambitious goals, helping to make the organization more agile and future-ready. Mr. Kakkar is an engineering graduate from IIT Kanpur and did his MBA from the Asian Institute of Technology.&nbsp;<\/p>\n\n\n\n<p><strong>Mr. Arnab Roy<\/strong> is the Chief Financial Officer and has been with the company since October 2023. He is a seasoned professional with over 27 years of experience working with US, French, and British multinational corporations. His earlier assignment was with Schneider as the CFO of the Greater India Region\u2019s Zone.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Maruti Suzuki Shareholding Pattern<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1428\" height=\"886\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdxuU1GpVkjahPCUMM8wfZKDfTvvFTTUuEa-FizSE8JjFGYoPHT17mihSEJkrbiMIrlEezalbGM8JeSTWwVOjkinsjQWK4cEQXkR2SdgfbsimRKqIPVkCvW6xs0KyahE0D2HVWW2Q.png\" alt=\"\" class=\"wp-image-57720\" style=\"width:646px;height:auto\" title=\"Chart\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdxuU1GpVkjahPCUMM8wfZKDfTvvFTTUuEa-FizSE8JjFGYoPHT17mihSEJkrbiMIrlEezalbGM8JeSTWwVOjkinsjQWK4cEQXkR2SdgfbsimRKqIPVkCvW6xs0KyahE0D2HVWW2Q.png 1428w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdxuU1GpVkjahPCUMM8wfZKDfTvvFTTUuEa-FizSE8JjFGYoPHT17mihSEJkrbiMIrlEezalbGM8JeSTWwVOjkinsjQWK4cEQXkR2SdgfbsimRKqIPVkCvW6xs0KyahE0D2HVWW2Q-300x186.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdxuU1GpVkjahPCUMM8wfZKDfTvvFTTUuEa-FizSE8JjFGYoPHT17mihSEJkrbiMIrlEezalbGM8JeSTWwVOjkinsjQWK4cEQXkR2SdgfbsimRKqIPVkCvW6xs0KyahE0D2HVWW2Q-1024x635.png 1024w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdxuU1GpVkjahPCUMM8wfZKDfTvvFTTUuEa-FizSE8JjFGYoPHT17mihSEJkrbiMIrlEezalbGM8JeSTWwVOjkinsjQWK4cEQXkR2SdgfbsimRKqIPVkCvW6xs0KyahE0D2HVWW2Q-768x477.png 768w\" sizes=\"(max-width: 1428px) 100vw, 1428px\" \/><\/figure>\n\n\n\n<p>As of March 2025, <a href=\"https:\/\/www.equentis.com\/blog\/how-to-invest-in-mutual-funds\/\">mutual funds<\/a> hold a 15.54% stake in Maruti, and LIC holds a 4.75% stake. While the public shareholding is below 5%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Maruti Suzuki Financials<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Net Sales<\/h3>\n\n\n\n<p>Over the past five years, Maruti Suzuki has shown a robust increase in operating revenue. In FY25, the net sales of the company increased by 7.5% to \u20b91.45 lakh crore.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" width=\"1200\" height=\"742\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfoG24C9pWcQlnB738Lj_BHE6o2vSium76RiDJrxlMKCzQyo1OQ64Ez86A1-y8_KNV7wgrnXBnkVPc99CeFZ0WKKa-4I9I206m4bN276di3g91XFC5-KvpCFN_8ZAyUkJhJnA7SJQ.png\" alt=\"\" class=\"wp-image-57726\" style=\"width:632px;height:auto\" title=\"Chart\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfoG24C9pWcQlnB738Lj_BHE6o2vSium76RiDJrxlMKCzQyo1OQ64Ez86A1-y8_KNV7wgrnXBnkVPc99CeFZ0WKKa-4I9I206m4bN276di3g91XFC5-KvpCFN_8ZAyUkJhJnA7SJQ.png 1200w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfoG24C9pWcQlnB738Lj_BHE6o2vSium76RiDJrxlMKCzQyo1OQ64Ez86A1-y8_KNV7wgrnXBnkVPc99CeFZ0WKKa-4I9I206m4bN276di3g91XFC5-KvpCFN_8ZAyUkJhJnA7SJQ-300x186.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfoG24C9pWcQlnB738Lj_BHE6o2vSium76RiDJrxlMKCzQyo1OQ64Ez86A1-y8_KNV7wgrnXBnkVPc99CeFZ0WKKa-4I9I206m4bN276di3g91XFC5-KvpCFN_8ZAyUkJhJnA7SJQ-1024x633.png 1024w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfoG24C9pWcQlnB738Lj_BHE6o2vSium76RiDJrxlMKCzQyo1OQ64Ez86A1-y8_KNV7wgrnXBnkVPc99CeFZ0WKKa-4I9I206m4bN276di3g91XFC5-KvpCFN_8ZAyUkJhJnA7SJQ-768x475.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The sales growth has been driven by volume growth. In FY25, it rose by 4.6% on a year-on-year basis to 2.2 million units. Domestic sales accounted for 85% of the total sales volume, with utility vehicles dominating the sales. While 15% of the total sales volume came from exports.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img decoding=\"async\" width=\"1314\" height=\"812\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsoX7tqLtWfiJqrl2ikoZRbgw-LtH_1Ho9P0SzZWe7l_VpjH57YngIWQTuLiYDKd7ZLYuLwA2P1jd1sxHlLigkZ1itp1jmFPdJgIWvOZTfFW9UJlWZsjUOBURSbrV5LfulQgH7-w.png\" alt=\"\" class=\"wp-image-57724\" style=\"width:624px;height:auto\" title=\"Chart\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsoX7tqLtWfiJqrl2ikoZRbgw-LtH_1Ho9P0SzZWe7l_VpjH57YngIWQTuLiYDKd7ZLYuLwA2P1jd1sxHlLigkZ1itp1jmFPdJgIWvOZTfFW9UJlWZsjUOBURSbrV5LfulQgH7-w.png 1314w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsoX7tqLtWfiJqrl2ikoZRbgw-LtH_1Ho9P0SzZWe7l_VpjH57YngIWQTuLiYDKd7ZLYuLwA2P1jd1sxHlLigkZ1itp1jmFPdJgIWvOZTfFW9UJlWZsjUOBURSbrV5LfulQgH7-w-300x185.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsoX7tqLtWfiJqrl2ikoZRbgw-LtH_1Ho9P0SzZWe7l_VpjH57YngIWQTuLiYDKd7ZLYuLwA2P1jd1sxHlLigkZ1itp1jmFPdJgIWvOZTfFW9UJlWZsjUOBURSbrV5LfulQgH7-w-1024x633.png 1024w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsoX7tqLtWfiJqrl2ikoZRbgw-LtH_1Ho9P0SzZWe7l_VpjH57YngIWQTuLiYDKd7ZLYuLwA2P1jd1sxHlLigkZ1itp1jmFPdJgIWvOZTfFW9UJlWZsjUOBURSbrV5LfulQgH7-w-768x475.png 768w\" sizes=\"(max-width: 1314px) 100vw, 1314px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Operating Profit<\/h3>\n\n\n\n<p>In FY25, the operating profit (Operating EBIT) of Maruti increased by 9.3% on a year-on-year basis to \u20b914,626 crores.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"742\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsm1EvWSQIoYNnur5nm6ydy3xxJby1_I5_YluIxosQPr5_IGrTWN8C45waXvMWADHOs6sYXAgs4nHniCFQPXN0FR-eg95Fs9ojo68O-8gGEep3nREcE0MEuOt5Wn85b669o-JVAw.png\" alt=\"\" class=\"wp-image-57723\" style=\"width:622px;height:auto\" title=\"Chart\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsm1EvWSQIoYNnur5nm6ydy3xxJby1_I5_YluIxosQPr5_IGrTWN8C45waXvMWADHOs6sYXAgs4nHniCFQPXN0FR-eg95Fs9ojo68O-8gGEep3nREcE0MEuOt5Wn85b669o-JVAw.png 1200w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsm1EvWSQIoYNnur5nm6ydy3xxJby1_I5_YluIxosQPr5_IGrTWN8C45waXvMWADHOs6sYXAgs4nHniCFQPXN0FR-eg95Fs9ojo68O-8gGEep3nREcE0MEuOt5Wn85b669o-JVAw-300x186.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsm1EvWSQIoYNnur5nm6ydy3xxJby1_I5_YluIxosQPr5_IGrTWN8C45waXvMWADHOs6sYXAgs4nHniCFQPXN0FR-eg95Fs9ojo68O-8gGEep3nREcE0MEuOt5Wn85b669o-JVAw-1024x633.png 1024w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfsm1EvWSQIoYNnur5nm6ydy3xxJby1_I5_YluIxosQPr5_IGrTWN8C45waXvMWADHOs6sYXAgs4nHniCFQPXN0FR-eg95Fs9ojo68O-8gGEep3nREcE0MEuOt5Wn85b669o-JVAw-768x475.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>We analysed the company&#8217;s operating margin trend to see whether or not it is forgoing earnings in order to boost sales. Maruti Suzuki has continuously increased its operating profit margin over the last five years, demonstrating that the business is not forgoing earnings in favor of expansion.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"742\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdoILVMKHwLWAcFqLoVF9dOJbgF_6Tdwg7ZfjeNmnLzwnndGzD5E5HCjBZ7K7mPC3nuF3zjjVdIXL0gbXYLhslA9pxSqUYyRvK-ODFftBFhL555UYfh1h1pPsKPhuPGOI7y4UtuMA.png\" alt=\"\" class=\"wp-image-57721\" style=\"width:623px;height:auto\" title=\"Chart\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdoILVMKHwLWAcFqLoVF9dOJbgF_6Tdwg7ZfjeNmnLzwnndGzD5E5HCjBZ7K7mPC3nuF3zjjVdIXL0gbXYLhslA9pxSqUYyRvK-ODFftBFhL555UYfh1h1pPsKPhuPGOI7y4UtuMA.png 1200w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdoILVMKHwLWAcFqLoVF9dOJbgF_6Tdwg7ZfjeNmnLzwnndGzD5E5HCjBZ7K7mPC3nuF3zjjVdIXL0gbXYLhslA9pxSqUYyRvK-ODFftBFhL555UYfh1h1pPsKPhuPGOI7y4UtuMA-300x186.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdoILVMKHwLWAcFqLoVF9dOJbgF_6Tdwg7ZfjeNmnLzwnndGzD5E5HCjBZ7K7mPC3nuF3zjjVdIXL0gbXYLhslA9pxSqUYyRvK-ODFftBFhL555UYfh1h1pPsKPhuPGOI7y4UtuMA-1024x633.png 1024w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdoILVMKHwLWAcFqLoVF9dOJbgF_6Tdwg7ZfjeNmnLzwnndGzD5E5HCjBZ7K7mPC3nuF3zjjVdIXL0gbXYLhslA9pxSqUYyRvK-ODFftBFhL555UYfh1h1pPsKPhuPGOI7y4UtuMA-768x475.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Net Profit<\/h2>\n\n\n\n<p>Barring FY22, the net profit of Maruti has been consistently rising over the years. In FY25, Maruti Suzuki\u2019s net profit increased 5.6% to \u20b913,955 crores.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"742\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdlTLCaKLXobGwUmhk1BcOA62Qhf4M1v6g1wnLM6Q2AJgmaD6ybVu2cAfybCA6URYRmEG-iK2yMzWys0lmY4QBpQCCTO7dGpfHi5qI-HXZLJfvpOviJyB65bvG-xDtEfcvoyvJ2gw.png\" alt=\"\" class=\"wp-image-57722\" style=\"width:626px;height:auto\" title=\"Chart\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdlTLCaKLXobGwUmhk1BcOA62Qhf4M1v6g1wnLM6Q2AJgmaD6ybVu2cAfybCA6URYRmEG-iK2yMzWys0lmY4QBpQCCTO7dGpfHi5qI-HXZLJfvpOviJyB65bvG-xDtEfcvoyvJ2gw.png 1200w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdlTLCaKLXobGwUmhk1BcOA62Qhf4M1v6g1wnLM6Q2AJgmaD6ybVu2cAfybCA6URYRmEG-iK2yMzWys0lmY4QBpQCCTO7dGpfHi5qI-HXZLJfvpOviJyB65bvG-xDtEfcvoyvJ2gw-300x186.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdlTLCaKLXobGwUmhk1BcOA62Qhf4M1v6g1wnLM6Q2AJgmaD6ybVu2cAfybCA6URYRmEG-iK2yMzWys0lmY4QBpQCCTO7dGpfHi5qI-HXZLJfvpOviJyB65bvG-xDtEfcvoyvJ2gw-1024x633.png 1024w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXdlTLCaKLXobGwUmhk1BcOA62Qhf4M1v6g1wnLM6Q2AJgmaD6ybVu2cAfybCA6URYRmEG-iK2yMzWys0lmY4QBpQCCTO7dGpfHi5qI-HXZLJfvpOviJyB65bvG-xDtEfcvoyvJ2gw-768x475.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Maruti Share Price Analysis<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.equentis.com\/stocks-screener\/maruti-share-price\">Maruti share price<\/a> has more than doubled in the last five years, rising from \u20b95,919 in July 2020 to currently trading at \u20b912,470 (9th July 2025). Its 52-week high level is \u20b913,680.&nbsp;<\/p>\n\n\n\n<p>However, Maruti share price has been on a range-bound movement for the last one year, trading between the \u20b911,000 and $13,500 levels.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"959\" height=\"476\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcRN_aYjmBnpBriBExq3n_8OexPdT0LIJdrYsOhwkwtoMTgK0n4oIFd7tuk6DfRIZgKB-95wvd7a6SvriHHl9-MBajXJnsPhmdZ2Po8_QyjRuUzYnUKyvJV0vSb3PANlpy-BVHc-A.png\" alt=\"\" class=\"wp-image-57725\" style=\"width:673px;height:auto\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcRN_aYjmBnpBriBExq3n_8OexPdT0LIJdrYsOhwkwtoMTgK0n4oIFd7tuk6DfRIZgKB-95wvd7a6SvriHHl9-MBajXJnsPhmdZ2Po8_QyjRuUzYnUKyvJV0vSb3PANlpy-BVHc-A.png 959w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcRN_aYjmBnpBriBExq3n_8OexPdT0LIJdrYsOhwkwtoMTgK0n4oIFd7tuk6DfRIZgKB-95wvd7a6SvriHHl9-MBajXJnsPhmdZ2Po8_QyjRuUzYnUKyvJV0vSb3PANlpy-BVHc-A-300x149.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcRN_aYjmBnpBriBExq3n_8OexPdT0LIJdrYsOhwkwtoMTgK0n4oIFd7tuk6DfRIZgKB-95wvd7a6SvriHHl9-MBajXJnsPhmdZ2Po8_QyjRuUzYnUKyvJV0vSb3PANlpy-BVHc-A-768x381.png 768w\" sizes=\"(max-width: 959px) 100vw, 959px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The company has a <a href=\"https:\/\/www.youtube.com\/watch?v=Ub9vKxJkUmE\" target=\"_blank\" rel=\"noopener\">consistent track record of paying dividends<\/a>. In the last three financial years, it has paid \u20b990 (FY23), \u20b9125 (FY24), and \u20b9135 (FY25) per share as dividends to shareholders. At the current market price of Maruti share price of \u20b912,470, the dividend yield is 1%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Maruti Share Price Valuation Metric Analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Earnings Per Share (EPS)<\/h3>\n\n\n\n<p>Over the last five years, the EPS of the company has more than tripled, rising from \u20b9140 in FY21 to \u20b9461 in FY25.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>FY21<\/strong><\/td><td><strong>FY22<\/strong><\/td><td><strong>FY23<\/strong><\/td><td><strong>FY24<\/strong><\/td><td><strong>FY25<\/strong><\/td><\/tr><tr><td><strong>EPS (\u20b9)&nbsp;<\/strong><\/td><td>140<\/td><td>125<\/td><td>266<\/td><td>431<\/td><td>461<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Price-to-Book Value (P\/B Ratio)<\/h3>\n\n\n\n<p>As of 9th June 2025, Maruti share price is trading at a <a href=\"https:\/\/www.equentis.com\/blog\/price-to-book-p-b-ratio-meaning-formula-and-example\/\">price-to-book value<\/a> of 4.1 times. The 5-year median price-to-book value is 4.5 times, largely indicating the stock is trading at a discount compared to its historical valuation.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1257\" height=\"479\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfpEAkKy-3bxgKyQkq0Bbgfscv91I7u7mctqQbH2RG4M_ik9blTzmL7yW0-XumVt5qziiePw2VqBkigW_d7IXeCnl5DaSxPgKEbmXVKaVqDLD-ZUzcQ7GgRysKzHU85pho0xZmiAQ.png\" alt=\"\" class=\"wp-image-57728\" style=\"width:658px;height:auto\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfpEAkKy-3bxgKyQkq0Bbgfscv91I7u7mctqQbH2RG4M_ik9blTzmL7yW0-XumVt5qziiePw2VqBkigW_d7IXeCnl5DaSxPgKEbmXVKaVqDLD-ZUzcQ7GgRysKzHU85pho0xZmiAQ.png 1257w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfpEAkKy-3bxgKyQkq0Bbgfscv91I7u7mctqQbH2RG4M_ik9blTzmL7yW0-XumVt5qziiePw2VqBkigW_d7IXeCnl5DaSxPgKEbmXVKaVqDLD-ZUzcQ7GgRysKzHU85pho0xZmiAQ-300x114.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfpEAkKy-3bxgKyQkq0Bbgfscv91I7u7mctqQbH2RG4M_ik9blTzmL7yW0-XumVt5qziiePw2VqBkigW_d7IXeCnl5DaSxPgKEbmXVKaVqDLD-ZUzcQ7GgRysKzHU85pho0xZmiAQ-1024x390.png 1024w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXfpEAkKy-3bxgKyQkq0Bbgfscv91I7u7mctqQbH2RG4M_ik9blTzmL7yW0-XumVt5qziiePw2VqBkigW_d7IXeCnl5DaSxPgKEbmXVKaVqDLD-ZUzcQ7GgRysKzHU85pho0xZmiAQ-768x293.png 768w\" sizes=\"(max-width: 1257px) 100vw, 1257px\" \/><\/figure>\n\n\n\n<p><em>Source: Screener<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Price-to-Equity Ratio (PE Ratio)<\/h3>\n\n\n\n<p>The stock is trading at a PE of 27 times, meaning, for every \u20b91 of earnings, you are paying \u20b927 as a premium. The median 5-Year PE is 36.4 times, which indicates the Maruti share price is trading at a discount compared to its historical valuation.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1259\" height=\"493\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcHa6mHc8IvuKFXda00sbUnHfIX8MsOR_deD_2u-AVHIOlzkNavvWOt-NFyYrsr_GuR3t0X_Poc7SFzo01VBOIlXMRL4IoOfPg1HJBxSeArEoa8PtJ0t6Z2PwPn_-7LQvRw-zIbzQ.png\" alt=\"\" class=\"wp-image-57727\" style=\"width:646px;height:auto\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcHa6mHc8IvuKFXda00sbUnHfIX8MsOR_deD_2u-AVHIOlzkNavvWOt-NFyYrsr_GuR3t0X_Poc7SFzo01VBOIlXMRL4IoOfPg1HJBxSeArEoa8PtJ0t6Z2PwPn_-7LQvRw-zIbzQ.png 1259w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcHa6mHc8IvuKFXda00sbUnHfIX8MsOR_deD_2u-AVHIOlzkNavvWOt-NFyYrsr_GuR3t0X_Poc7SFzo01VBOIlXMRL4IoOfPg1HJBxSeArEoa8PtJ0t6Z2PwPn_-7LQvRw-zIbzQ-300x117.png 300w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcHa6mHc8IvuKFXda00sbUnHfIX8MsOR_deD_2u-AVHIOlzkNavvWOt-NFyYrsr_GuR3t0X_Poc7SFzo01VBOIlXMRL4IoOfPg1HJBxSeArEoa8PtJ0t6Z2PwPn_-7LQvRw-zIbzQ-1024x401.png 1024w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2025\/07\/AD_4nXcHa6mHc8IvuKFXda00sbUnHfIX8MsOR_deD_2u-AVHIOlzkNavvWOt-NFyYrsr_GuR3t0X_Poc7SFzo01VBOIlXMRL4IoOfPg1HJBxSeArEoa8PtJ0t6Z2PwPn_-7LQvRw-zIbzQ-768x301.png 768w\" sizes=\"(max-width: 1259px) 100vw, 1259px\" \/><\/figure>\n\n\n\n<p><em>Source: Screener<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Maruti Share Price: Future Growth Potential<\/h2>\n\n\n\n<p>Over the years, Maruti Suzuki has shown resilience in its business operations amid the uncertain global macro conditions and sectoral slowdown. The growth in Maruti share price has been driven by both revenue and earnings expansion.&nbsp;<\/p>\n\n\n\n<p>In FY25, Maruti Suzuki became the only passenger vehicle manufacturer in India to record the highest-ever annual sales of 2.23 million vehicles, including the highest-ever export of 3.32 lakh.&nbsp;<\/p>\n\n\n\n<p>Going forward, the management seems confident in continuing the growth momentum. Some of the major highlights of the Q4 conference call:<br><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The automobile sector is expected to grow at a modest 1 to 2% for FY26. Maruti Suzuki is expected to perform better, supported by new SUV launches<\/li>\n\n\n\n<li>Aiming to <a href=\"https:\/\/www.equentis.com\/blog\/indias-defense-trade-aiming-for-30000-cr\/\">grow exports<\/a> by at least 20% in FY26<\/li>\n\n\n\n<li>Plan to launch two new passenger vehicles- the e-VITARA and a new SUV<\/li>\n\n\n\n<li>e-Vitara is expected to start sales in the first half of FY26, with projected sales of 70,000 units for the year, largely coming from exports<\/li>\n\n\n\n<li>The company aims to reach 28 models by the end of 2030<\/li>\n\n\n\n<li>Capex is expected between \u20b98000 to \u20b99000 crores<\/li>\n\n\n\n<li>New plant at Kharkhoda (250,000 capacity) expected to bring economies of scale<\/li>\n<\/ul>\n\n\n\n<p>Few risks highlighted by the management:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Stagnant domestic demand in the entry segments. The hatchback segment&#8217;s share continued to shrink to 23.5% in FY25 from 46% in FY19.<\/li>\n\n\n\n<li>Commodity price and steel pricing volatility&nbsp;<\/li>\n\n\n\n<li>Global trade barriers and supply chain stability<\/li>\n\n\n\n<li>Lower profitability of <a href=\"https:\/\/www.equentis.com\/blog\/the-unseen-catalyst-in-indias-ev-revolution-to-know-railways\/\">electric vehicles<\/a>, which implies potential headwind to overall company profitability as EV penetration increases<\/li>\n<\/ul>\n\n\n\n<p>Overall, the company is well placed to capture the growth momentum. Closely following the earnings report, monthly sales data, and company updates can provide a clear clue on the long-term performance of the Maruti share price.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FAQ<\/h2>\n\n\n\n<p><strong>How has Maruti share price performed in the last five years?<\/strong><\/p>\n\n\n\n<p>Maruti share price has doubled in the last five years, rising from \u20b95,919 in July 2020 to currently trading at \u20b912,470.<\/p>\n\n\n\n<p><strong>Who is the owner of Maruti Suzuki?<\/strong><\/p>\n\n\n\n<p>Suzuki Motor Corporation of Japan holds 58.3% stake and is the promoter of the company.&nbsp;<\/p>\n\n\n\n<p><strong>Does Maruti Suzuki have EV cars?<\/strong><\/p>\n\n\n\n<p>Maruti Suzuki is expected to launch its first electric vehicle e-Vitara in the first half of FY26.&nbsp;<\/p>\n\n\n\n<p class=\"has-ast-global-color-5-color has-vivid-red-background-color has-text-color has-background has-link-color wp-elements-499db7743cd6e0732dbcf68b165a209c\">Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as a recommendation or investment advice by Equentis &#8211; Research &amp; Ranking. We will not be liable for any losses that may occur. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL &amp; the certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest carmaker Maruti Suzuki is gearing up for a major portfolio transformation with the upcoming launch of its first [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":65262,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[485],"tags":[609,1742,990,1743],"class_list":["post-57718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis-of-stocks","tag-auto-stocks","tag-electric-vehicle-stocks","tag-long-term-investments-2","tag-maruti"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/57718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=57718"}],"version-history":[{"count":2,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/57718\/revisions"}],"predecessor-version":[{"id":57730,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/57718\/revisions\/57730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/65262"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=57718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=57718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=57718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}