Fortune India 500 2025 edition
Rank#20- Total income
- ₹1,59,407 Cr
- Profit
- ₹14,500 Cr
Maruti Suzuki India Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Listed - NSE: MARUTI · BSE: 532500 Public Limited Company automotive Fortune India 500 · #20 Nifty 50
Market Cap
₹3,51,188 Cr
MARUTI · NSE
Share Price
₹11,230.00
+0.54% today
Revenue
₹1,83,316 Cr
FY 2025-26 · +19.9% YoY
EBITDA
₹21,456 Cr
Margin 11.7%
Net Profit
₹14,498 Cr
FY 2025-26 · +0.5% YoY
P/E (TTM)
24.6x
P/B 3.3x
ROE
14.4%
ROCE 18.4%
Authorised capital
₹16,876 Cr
Registered with MCA
About Maruti Suzuki India Limited
Data last updated:
Maruti Suzuki India Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Suzuki Motor Corporation. It operates in the passenger vehicles segment of the automotive sector. It was incorporated on 24 February 1981 and has been in existence for over 45 years.
Maruti Suzuki India is ranked #20 on the Fortune India 500 (2025). It is part of the Nifty 50, Sensex, Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L34103DL1981PLC011375. Its GSTIN is 07AAACM0829Q1Z6 (Delhi). The company holds 29 GST registrations, of which 26 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532500 and NSE: MARUTI.
The company has an authorised share capital of ₹16,876 Cr and a paid-up capital of ₹157.2 Cr. It was formerly known as Maruti Udyog Private Ltd and Maruti Udyog Ltd. It is led by directors including Hisashi Takeuchi (Managing Director) and Kenichiro Toyofuku (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No.1 Nelson Mandela Road Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,83,316 Cr, a growth of 19.9% compared to the previous year. For the same year it recorded a net profit of ₹14,498 Cr (net margin 7.9%) and EBITDA of ₹21,456 Cr (EBITDA margin 11.7%). The net worth stands at ₹1,07,156 Cr (up 11.3% YoY). Total assets are valued at ₹1,10,640 Cr (up 10.8% YoY).
The company has about 23,299 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 3 joint ventures.
The company is associated with 6 brands, including Arenaofmiyapur, Nippon Thermostat, Arenaofchakan, Maruti Suzuki NEXA, Maruti Udyog and others. As per MCA filings, the company has satisfied charges of ₹355 Cr on record. Court records list 1,787 cases involving the company, including 743 filed by the company and 1,045 filed against it; 371 cases are pending. The company has 56 deals on record (52 market trades, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12,848 Cr; the latest was in July 2025. The company has 84 MSME Form 1 returns on record between 2011 and 2024, listing 6,981 overdue payments to 745 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marutisuzuki.com.
Company details
CIN L34103DL1981PLC011375
Registration Number 011375
Incorporation Date 24 February 1981
ROC Delhi
Listing Status Listed - Listed on NSE (MARUTI); Listed on BSE (532500)
Company Status Active
Date of Last AGM 31 August 2026
Date of Balance Sheet 31 March 2026
Parent Company Suzuki Motor Corporation
Compliance Status Active Compliant
Name history
Maruti Suzuki India has undergone 2 name changes throughout its history. The company was previously known as Maruti Udyog Private Ltd, and Maruti Udyog Ltd. The current legal name is Maruti Suzuki India Limited.
| Company Name | Status |
|---|---|
| Maruti Suzuki India Limited | Current |
| Maruti Udyog Private Ltd | Previous |
| Maruti Udyog Ltd | Previous |
CIN history
Maruti Suzuki India has one previous CIN (Corporate Identification Number): U34103DL1981PLC011375. The current CIN is L34103DL1981PLC011375, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L34103DL1981PLC011375 | Current |
| U34103DL1981PLC011375 | Previous |
Key People
Hisashi Takeuchi Managing Director Kenichiro Toyofuku Whole-Time Director Sunil Kumar Kakkar Whole-Time Director Recognitions & Rankings of Maruti Suzuki India
Stock market indices
Nifty 50 Sensex Nifty 500 BSE 500
Contact details
Maruti Suzuki India Limited's registered office is in New Delhi, Delhi. Its website is marutisuzuki.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No.1 Nelson Mandela Road Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryAutomotive, Passenger Vehicles
To see the full contact details of Maruti Suzuki India Limited, buy the company report.
Comprehensive company report
Maruti Suzuki India Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Maruti Suzuki India operates multiple associated brands including Arenaofmiyapur, Nippon Thermostat, and Arenaofchakan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies thermostats to OEMs. | nti.co.in | |
| Limited information available | marutiudyog.com | |
| Automobile manufacturer | marutisuzuki.com | |
| Automobile dealership offering car sales, services, financing, and accessories across India. | arenaofmiyapur.com | |
| Authorised dealership for Maruti Suzuki cars, including sales, service, and finance. | arenaofchakan.com | |
| Automotive sales and services of hybrid vehicles in India. | nexaexperience.com |
Financials of Maruti Suzuki India Limited
FY 2025-26 filings availableMaruti Suzuki India Limited reported revenue of ₹1,83,316 Cr (up 19.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹1,83,316 Cr
+19.9% YoY
EBITDA
₹21,456 Cr
+6.4% YoY
Profit After Tax
₹14,498 Cr
+0.5% YoY
Net Worth
₹1,07,156 Cr
+11.3% YoY
Total Assets
₹1,10,640 Cr
+10.8% YoY
Total Debt
₹102 Cr
+17.8% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,83,316 | 1,52,913 | 1,41,858 | 1,18,410 | 88,330 | 70,372 | 75,660 |
| Revenue growth | +19.9% | +7.8% | +19.8% | +34.1% | +25.5% | -7.0% | - |
| EBITDA | 21,456 | 20,156 | 18,526 | 13,094 | 5,706 | 5,352 | 7,313 |
| EBITDA margin | +11.7% | +13.2% | +13.1% | +11.1% | +6.5% | +7.6% | +9.7% |
| Profit before tax | 19,118 | 19,620 | 17,424 | 10,438 | 4,697 | 5,321 | 7,103 |
| Net profit | 14,498 | 14,422 | 13,496 | 8,145 | 2,825 | 4,435 | 3,262 |
| Net profit margin | +7.9% | +9.4% | +9.5% | +6.9% | +3.2% | +6.3% | +4.3% |
| EPS (₹) | 466.91 | 461.20 | 429.01 | 262.84 | 128.46 | 145.33 | 187.95 |
| Balance sheet | |||||||
| Total assets | 1,10,640 | 99,835 | 89,061 | 78,520 | 58,025 | 55,216 | 51,784 |
| Net worth | 1,07,156 | 96,240 | 85,636 | 74,600 | 55,334 | 52,501 | 49,413 |
| Total debt | 102 | 87.00 | 119 | 1,248 | 426 | 541 | 184 |
| Cash & bank | 1,580 | 553 | 2,827 | 2,748 | 3,042 | 3,047 | 29.00 |
| Net working capital | (12,908) | (9,356) | (7,179) | (5,875) | (3,938) | (6,034) | (3,965) |
| Cash flow | |||||||
| Cash from operations | 19,100 | 16,180 | 16,801 | 10,815 | 1,840 | 8,856 | 3,496 |
| Cash from investing | (14,734) | (14,500) | (11,865) | (8,820) | (239) | (7,291) | (557) |
| Cash from financing | (4,484) | (4,155) | (4,062) | (1,214) | (1,607) | (1,545) | (3,104) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52,470 | 52,462 | 49,904 | 42,344 | 38,605 | 40,920 | 38,764 | 37,449 |
| Revenue growth (YoY) | +35.9% | +28.2% | +28.7% | +13.1% | +7.9% | - | - | - |
| Other income | 1,972 | 581 | 1,140 | 1,014 | 1,924 | 1,583 | 1,125 | 1,570 |
| EBITDA | 4,313 | 6,158 | 5,573 | 5,086 | 4,623 | 4,844 | 5,076 | 4,999 |
| EBITDA margin | +8.3% | +11.9% | +11.3% | +12.7% | +12.2% | +12.0% | +13.8% | +14.0% |
| Depreciation | 1,780 | 1,748 | 1,735 | 1,703 | 1,556 | 1,462 | 1,429 | 1,386 |
| Interest | 63.50 | 73.00 | 61.70 | 57.20 | 46.80 | 47.60 | 46.30 | 43.00 |
| Profit before tax | 4,441 | 4,918 | 4,917 | 4,339 | 4,944 | 4,918 | 4,726 | 5,141 |
| Tax | 994 | 1,259 | 1,038 | 990 | 1,151 | 1,007 | 999 | 2,038 |
| Net profit | 3,447 | 3,659 | 3,879 | 3,349 | 3,792 | 3,911 | 3,727 | 3,102 |
| EPS (₹) | 109.63 | 116.38 | 123.38 | 106.52 | 120.62 | 124.40 | 118.54 | 98.68 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,83,266 | 1,52,868 | 1,40,933 | 1,17,523 | 88,296 | 70,332 | 75,611 |
| Revenue growth | +19.9% | +8.5% | +19.9% | +33.1% | +25.5% | -7.0% | - |
| EBITDA | 21,450 | 20,149 | 16,401 | 11,008 | 5,701 | 5,345 | 7,303 |
| EBITDA margin | +11.7% | +13.2% | +11.6% | +9.4% | +6.5% | +7.6% | +9.7% |
| Profit before tax | 18,863 | 19,413 | 17,040 | 10,159 | 4,582 | 5,159 | 7,065 |
| Net profit | 14,263 | 14,219 | 13,177 | 6,588 | 2,723 | 2,093 | 3,212 |
| Net profit margin | +7.8% | +9.3% | +9.4% | +5.6% | +3.1% | +3.0% | +4.3% |
| EPS (₹) | 459.46 | 454.76 | 420.15 | 266.53 | 124.71 | 140.06 | 187.11 |
| Balance sheet | |||||||
| Total assets | 1,08,594 | 98,023 | 87,407 | 64,302 | 56,769 | 54,071 | 50,775 |
| Net worth | 1,05,110 | 94,427 | 83,982 | 60,382 | 54,086 | 51,367 | 48,437 |
| Total debt | 102 | 87.00 | 119 | 1,247 | 419 | 531 | 171 |
| Cash & bank | 1,576 | 549 | 460 | 37.70 | 3,036 | 3,036 | 21.10 |
| Net working capital | (12,951) | (9,399) | (9,028) | (7,277) | (3,944) | (5,500) | (3,970) |
| Cash flow | |||||||
| Cash from operations | 19,063 | 16,131 | 15,167 | 9,228 | 1,791 | 8,839 | 3,405 |
| Cash from investing | (14,696) | (14,452) | (10,683) | (8,018) | (189) | (7,284) | (464) |
| Cash from financing | (4,484) | (4,155) | (4,062) | (1,208) | (1,602) | (1,541) | (3,100) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52,456 | 52,449 | 49,892 | 42,332 | 38,593 | 40,910 | 38,752 | 37,203 |
| Revenue growth (YoY) | +35.9% | +28.2% | +28.7% | +13.8% | +8.6% | - | - | - |
| Other income | 1,874 | 500 | 1,054 | 966 | 1,888 | 1,528 | 1,067 | 1,475 |
| Total expenses | 48,145 | 46,292 | 44,320 | 37,248 | 33,972 | 36,067 | 33,688 | 32,786 |
| EBITDA | 4,311 | 6,157 | 5,572 | 5,085 | 4,621 | 4,843 | 5,065 | 4,417 |
| EBITDA margin | +8.3% | +11.9% | +11.3% | +12.7% | +12.2% | +12.0% | +13.8% | +12.4% |
| Depreciation | 1,780 | 1,748 | 1,734 | 1,703 | 1,556 | 1,461 | 1,429 | 751 |
| Interest | 63.50 | 73.00 | 61.70 | 57.20 | 46.80 | 47.60 | 46.30 | 40.20 |
| Profit before tax | 4,341 | 4,836 | 4,830 | 4,291 | 4,906 | 4,862 | 4,657 | 5,100 |
| Tax | 989 | 1,246 | 1,036 | 988 | 1,148 | 1,004 | 998 | 2,031 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52,470 | 52,462 | 49,904 | 42,344 | 38,605 | 40,920 | 38,764 | 37,449 |
| Revenue growth (YoY) | +35.9% | +28.2% | +28.7% | +13.1% | +7.9% | - | - | - |
| Other income | 1,972 | 581 | 1,140 | 1,014 | 1,924 | 1,583 | 1,125 | 1,570 |
| EBITDA | 4,313 | 6,158 | 5,573 | 5,086 | 4,623 | 4,844 | 5,076 | 4,999 |
| EBITDA margin | +8.3% | +11.9% | +11.3% | +12.7% | +12.2% | +12.0% | +13.8% | +14.0% |
| Depreciation | 1,780 | 1,748 | 1,735 | 1,703 | 1,556 | 1,462 | 1,429 | 1,386 |
| Interest | 63.50 | 73.00 | 61.70 | 57.20 | 46.80 | 47.60 | 46.30 | 43.00 |
| Profit before tax | 4,441 | 4,918 | 4,917 | 4,339 | 4,944 | 4,918 | 4,726 | 5,141 |
| Tax | 994 | 1,259 | 1,038 | 990 | 1,151 | 1,007 | 999 | 2,038 |
| Net profit | 3,447 | 3,659 | 3,879 | 3,349 | 3,792 | 3,911 | 3,727 | 3,102 |
| EPS (₹) | 109.63 | 116.38 | 123.38 | 106.52 | 120.62 | 124.40 | 118.54 | 98.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,83,316 | 1,52,913 | 1,41,858 | 1,18,410 | 88,330 | 70,372 | 75,660 |
| Revenue growth | +19.9% | +7.8% | +19.8% | +34.1% | +25.5% | -7.0% | - |
| Other income | 4,643 | 5,266 | 4,348 | 2,442 | 1,907 | 3,105 | 3,453 |
| Total expenses | 1,61,860 | 1,32,757 | 1,23,332 | 1,05,316 | 82,624 | 65,020 | 68,347 |
| Employee cost | 9,050 | 7,026 | 6,302 | 5,308 | 4,051 | 3,432 | 3,416 |
| EBITDA | 21,456 | 20,156 | 18,526 | 13,094 | 5,706 | 5,352 | 7,313 |
| EBITDA margin | +11.7% | +13.2% | +13.1% | +11.1% | +6.5% | +7.6% | +9.7% |
| Depreciation | 6,742 | 5,608 | 5,256 | 4,846 | 2,789 | 3,034 | 3,528 |
| Interest | 239 | 194 | 194 | 252 | 127 | 102 | 134 |
| Profit before tax | 19,118 | 19,620 | 17,424 | 10,438 | 4,697 | 5,321 | 7,103 |
| Tax | 4,439 | 5,120 | 3,936 | 2,174 | 818 | 932 | 1,425 |
| Net profit | 14,498 | 14,422 | 13,496 | 8,145 | 2,825 | 4,435 | 3,262 |
| Net profit margin | +7.9% | +9.4% | +9.5% | +6.9% | +3.2% | +6.3% | +4.3% |
| EPS (₹) | 466.91 | 461.20 | 429.01 | 262.84 | 128.46 | 145.33 | 187.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 157 | 157 | 157 | 157 | 151 | 151 | 151 |
| Reserves & surplus | 1,06,999 | 96,083 | 85,479 | 74,443 | 55,182 | 52,350 | 49,262 |
| Shareholders' funds (net worth) | 1,07,156 | 96,240 | 85,636 | 74,600 | 55,334 | 52,501 | 49,413 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.20 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 102 | 87.00 | 119 | 1,248 | 426 | 541 | 184 |
| Total debt | 102 | 87.00 | 119 | 1,248 | 426 | 541 | 184 |
| Total liabilities | 1,10,640 | 99,835 | 89,061 | 78,520 | 58,025 | 55,216 | 51,784 |
| Assets | |||||||
| Gross block | 78,202 | 71,052 | 60,787 | 56,083 | 32,530 | 31,496 | 29,768 |
| Net block | 34,523 | 32,983 | 27,865 | 27,941 | 13,747 | 14,989 | 15,744 |
| Capital work in progress | 9,838 | 7,929 | 7,735 | 4,143 | 2,936 | 1,497 | 1,415 |
| Investments | 76,838 | 66,265 | 57,296 | 49,184 | 42,035 | 42,945 | 37,488 |
| Inventories | 11,321 | 6,913 | 5,318 | 5,444 | 3,532 | 3,049 | 3,214 |
| Sundry debtors | 5,342 | 6,540 | 4,597 | 3,285 | 2,034 | 1,280 | 1,978 |
| Cash & bank balances | 1,580 | 553 | 2,827 | 2,748 | 3,042 | 3,047 | 29.00 |
| Loans & advances | 5,290 | 6,225 | 5,979 | 4,192 | 4,084 | 2,305 | 2,001 |
| Total current assets | 23,533 | 20,231 | 18,722 | 15,669 | 12,693 | 9,681 | 7,222 |
| Total current liabilities | 36,440 | 29,587 | 25,901 | 21,544 | 16,631 | 15,715 | 11,186 |
| Net working capital | (12,908) | (9,356) | (7,179) | (5,875) | (3,938) | (6,034) | (3,965) |
| Total assets | 1,10,640 | 99,835 | 89,061 | 78,520 | 58,025 | 55,216 | 51,784 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 184 | 2,660 | 1,785 | 1,005 | 40.80 | 20.80 | 186 |
| Net cash from operating activities | 19,100 | 16,180 | 16,801 | 10,815 | 1,840 | 8,856 | 3,496 |
| Net cash from investing activities | (14,734) | (14,500) | (11,865) | (8,820) | (239) | (7,291) | (557) |
| Net cash from financing activities | (4,484) | (4,155) | (4,062) | (1,214) | (1,607) | (1,545) | (3,104) |
| Net change in cash | (118) | (2,475) | 874 | 780 | (5.70) | 20.00 | (165) |
| Closing cash | 1,580 | 553 | 2,827 | 2,748 | 3,042 | 3,047 | 29.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.9% | +7.8% | +19.8% | +34.1% | +25.5% | -7.0% | - |
| EBITDA growth | +6.5% | +8.8% | +41.5% | +129.5% | +6.6% | -26.8% | - |
| PBT growth | -2.6% | +12.6% | +66.9% | +122.2% | -11.7% | -25.1% | -33.1% |
| Net income growth | +0.5% | +6.9% | +65.7% | +188.4% | -36.3% | +36.0% | - |
| Revenue CAGR (3Y) | +15.7% | +20.1% | +26.3% | +16.1% | +0.9% | -4.1% | +3.6% |
| EBITDA CAGR (3Y) | +17.9% | +52.3% | +51.3% | +21.4% | -19.7% | -23.7% | -11.0% |
| Profitability & leverage | |||||||
| Net income margin | +8.0% | +9.5% | +9.5% | +7.0% | +4.4% | +6.2% | +7.5% |
| Return on capital employed | +18.4% | +21.0% | +21.0% | +15.7% | +5.8% | +10.1% | +8.3% |
| Return on net worth | +14.4% | +16.0% | +16.8% | +12.7% | +5.2% | +8.6% | +6.8% |
| Debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 1.62 | 1.33 | 1.46 | 3.06 | 4.34 | 4.39 | 3.55 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.46 | 2.32 | 2.43 | 2.67 | 2.76 | 2.30 | 2.70 |
| Inventory turnover | 20.11 | 25.00 | 26.36 | 26.38 | 26.84 | 22.47 | 23.15 |
| Debtors turnover | 30.86 | 27.46 | 36.00 | 44.52 | 53.30 | 43.20 | 35.27 |
| EPS (₹) | 466.91 | 461.20 | 429.01 | 262.84 | 128.46 | 145.33 | 187.95 |
| Dividend per share (₹) | 140.00 | 135.00 | 125.00 | 90.00 | 60.00 | 45.00 | 60.00 |
| Book value per share (₹) | 3,408.28 | 3,061.07 | 2,723.79 | 2,372.78 | 1,832.24 | 1,738.43 | 1,636.19 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52,456 | 52,449 | 49,892 | 42,332 | 38,593 | 40,910 | 38,752 | 37,203 |
| Revenue growth (YoY) | +35.9% | +28.2% | +28.7% | +13.8% | +8.6% | - | - | - |
| Other income | 1,874 | 500 | 1,054 | 966 | 1,888 | 1,528 | 1,067 | 1,475 |
| Total expenses | 48,145 | 46,292 | 44,320 | 37,248 | 33,972 | 36,067 | 33,688 | 32,786 |
| EBITDA | 4,311 | 6,157 | 5,572 | 5,085 | 4,621 | 4,843 | 5,065 | 4,417 |
| EBITDA margin | +8.3% | +11.9% | +11.3% | +12.7% | +12.2% | +12.0% | +13.8% | +12.4% |
| Depreciation | 1,780 | 1,748 | 1,734 | 1,703 | 1,556 | 1,461 | 1,429 | 751 |
| Interest | 63.50 | 73.00 | 61.70 | 57.20 | 46.80 | 47.60 | 46.30 | 40.20 |
| Profit before tax | 4,341 | 4,836 | 4,830 | 4,291 | 4,906 | 4,862 | 4,657 | 5,100 |
| Tax | 989 | 1,246 | 1,036 | 988 | 1,148 | 1,004 | 998 | 2,031 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,83,266 | 1,52,868 | 1,40,933 | 1,17,523 | 88,296 | 70,332 | 75,611 |
| Revenue growth | +19.9% | +8.5% | +19.9% | +33.1% | +25.5% | -7.0% | - |
| Other income | 4,392 | 5,065 | 3,855 | 2,161 | 1,794 | 2,946 | 3,421 |
| Total expenses | 1,61,816 | 1,32,719 | 1,24,532 | 1,06,515 | 82,594 | 64,987 | 68,308 |
| Employee cost | 9,029 | 7,006 | 5,478 | 4,605 | 4,022 | 3,403 | 3,384 |
| EBITDA | 21,450 | 20,149 | 16,401 | 11,008 | 5,701 | 5,345 | 7,303 |
| EBITDA margin | +11.7% | +13.2% | +11.6% | +9.4% | +6.5% | +7.6% | +9.7% |
| Depreciation | 6,740 | 5,607 | 3,022 | 2,823 | 2,786 | 3,032 | 3,526 |
| Interest | 239 | 194 | 193 | 187 | 126 | 101 | 133 |
| Profit before tax | 18,863 | 19,413 | 17,040 | 10,159 | 4,582 | 5,159 | 7,065 |
| Tax | 4,418 | 5,115 | 3,831 | 2,110 | 816 | 930 | 1,414 |
| Net profit | 14,263 | 14,219 | 13,177 | 6,588 | 2,723 | 2,093 | 3,212 |
| Net profit margin | +7.8% | +9.3% | +9.4% | +5.6% | +3.1% | +3.0% | +4.3% |
| EPS (₹) | 459.46 | 454.76 | 420.15 | 266.53 | 124.71 | 140.06 | 187.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 157 | 157 | 157 | 151 | 151 | 151 | 151 |
| Reserves & surplus | 1,04,953 | 94,270 | 83,825 | 60,231 | 53,935 | 51,216 | 48,286 |
| Shareholders' funds (net worth) | 1,05,110 | 94,427 | 83,982 | 60,382 | 54,086 | 51,367 | 48,437 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 102 | 87.00 | 119 | 1,247 | 419 | 531 | 171 |
| Total debt | 102 | 87.00 | 119 | 1,247 | 419 | 531 | 171 |
| Total liabilities | 1,08,594 | 98,023 | 87,407 | 64,302 | 56,769 | 54,071 | 50,775 |
| Assets | |||||||
| Gross block | 78,180 | 71,030 | 42,426 | 39,078 | 32,489 | 31,455 | 29,797 |
| Net block | 34,512 | 32,971 | 18,495 | 17,805 | 13,717 | 14,957 | 15,781 |
| Capital work in progress | 9,838 | 7,929 | 6,534 | 2,897 | 2,929 | 1,490 | 1,337 |
| Investments | 74,766 | 64,442 | 68,514 | 47,756 | 40,763 | 41,787 | 36,468 |
| Inventories | 11,315 | 6,909 | 4,120 | 4,284 | 3,533 | 3,050 | 3,215 |
| Sundry debtors | 5,336 | 6,535 | 4,601 | 3,296 | 2,030 | 1,277 | 2,127 |
| Cash & bank balances | 1,576 | 549 | 460 | 37.70 | 3,036 | 3,036 | 21.10 |
| Loans & advances | 5,260 | 6,194 | 4,669 | 3,983 | 4,082 | 2,748 | 1,846 |
| Total current assets | 23,487 | 20,186 | 13,850 | 11,600 | 12,681 | 10,111 | 7,209 |
| Total current liabilities | 36,438 | 29,585 | 22,878 | 18,877 | 16,625 | 15,611 | 11,179 |
| Net working capital | (12,951) | (9,399) | (9,028) | (7,277) | (3,944) | (5,500) | (3,970) |
| Total assets | 1,08,594 | 98,023 | 87,407 | 64,302 | 56,769 | 54,071 | 50,775 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 180 | 2,656 | 33.40 | 32.00 | 32.30 | 18.20 | 177 |
| Net cash from operating activities | 19,063 | 16,131 | 15,167 | 9,228 | 1,791 | 8,839 | 3,405 |
| Net cash from investing activities | (14,696) | (14,452) | (10,683) | (8,018) | (189) | (7,284) | (464) |
| Net cash from financing activities | (4,484) | (4,155) | (4,062) | (1,208) | (1,602) | (1,541) | (3,100) |
| Net change in cash | (117) | (2,476) | 422 | 1.40 | (0.30) | 14.10 | (159) |
| Closing cash | 1,576 | 549 | 460 | 37.70 | 3,036 | 3,036 | 21.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.9% | +8.5% | +19.9% | +33.1% | +25.5% | -7.0% | - |
| EBITDA growth | +6.5% | +22.9% | +49.0% | +93.1% | +6.7% | -26.8% | - |
| PBT growth | -2.8% | +13.9% | +67.7% | +121.7% | -11.2% | -27.0% | -32.5% |
| Net income growth | +0.3% | +7.9% | +100.0% | +142.0% | +30.1% | -34.8% | - |
| Revenue CAGR (3Y) | +16.0% | +20.1% | +26.1% | +15.8% | +0.9% | -4.1% | +3.6% |
| EBITDA CAGR (3Y) | +24.9% | +52.3% | +45.3% | +14.7% | -19.7% | -23.8% | -11.0% |
| Profitability & leverage | |||||||
| Net income margin | +7.9% | +9.4% | +9.4% | +6.9% | +4.3% | +6.0% | +7.5% |
| Return on capital employed | +18.5% | +21.2% | +22.7% | +14.0% | +5.8% | +4.8% | +8.4% |
| Return on net worth | +14.5% | +16.0% | +18.3% | +11.5% | +5.2% | +4.2% | +6.8% |
| Debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 1.62 | 1.34 | 1.44 | 2.28 | 4.32 | 4.36 | 3.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.46 | 2.69 | 3.46 | 3.28 | 2.76 | 2.30 | 2.69 |
| Inventory turnover | 20.11 | 27.72 | 33.54 | 30.07 | 26.82 | 22.45 | 23.12 |
| Debtors turnover | 30.88 | 27.45 | 35.69 | 44.13 | 53.40 | 41.33 | 34.08 |
| EPS (₹) | 459.46 | 454.76 | 420.15 | 266.53 | 124.71 | 140.06 | 187.11 |
| Dividend per share (₹) | 140.00 | 135.00 | 125.00 | 90.00 | 60.00 | 45.00 | 60.00 |
| Book value per share (₹) | 3,343.19 | 3,003.41 | 2,671.18 | 1,999.40 | 1,790.93 | 1,700.89 | 1,603.87 |
To see the full year-wise statements and ratios of Maruti Suzuki India Limited, buy the company report.
Board of directors of Maruti Suzuki India Limited
Maruti Suzuki India has 12 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Toshihiro Suzuki | Director | 28 Oct 2013 | 12 Years 11 Months | Current |
| Kenichi Ayukawa Also directs: NDDB Mrida Limited, Next Bharat Ventures Ifsc Private Limited | Director | 21 Jul 2008 | 18 Years 3 Months | Current |
| Lira Goswami Also directs: Cummins India Limited, Mars Symbioscience India Private Limited, Mars Snackfood India Private Limited and 2 more | Director | 28 Aug 2019 | 7 Years 1 Months | Current |
| Hisashi Takeuchi Also directs: Suzuki Motor Gujarat Private Limited, Subros Limited, Krishna Maruti Limited. and 1 more | Managing Director | 27 Jul 2019 | 7 Years 2 Months | Current |
| Maheswar Sahu | Director | 14 May 2020 | 6 Years 5 Months | Current |
| Kenichiro Toyofuku | Whole-Time Director | 26 Aug 2020 | 6 Years 1 Months | Current |
Showing 6 of 12 current directors. View all directors
Auditor
Maruti Suzuki India Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2025 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 58.60%, foreign institutional investors hold 12.80%, domestic institutional investors hold 25.20% and retail and other public shareholders hold 3.40%.
Sep 2026
QUARTER
58.60% Promoters
25.20% DII (Domestic Institutional)
12.80% FII (Foreign Institutional)
3.40% Retail & Others
Promoter holding - history
Now 58.60% · Sep 2026High 58.60% · Sep 2026Low 58.30% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.60% | 58.50% | 58.30% | 58.30% |
| Public | 41.40% | 41.50% | 41.70% | 41.70% |
Charges & borrowings
Open charges
None
Satisfied charges
₹355 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2001 | 80042725 | Bnp Paribas | ₹20 Cr | Satisfied | |
| 05 Feb 2001 | 80039166 | U T I Bank Ltd | ₹100 Cr | Satisfied | |
| 22 Aug 2000 | 80042727 | Hdfc Bank Limited | ₹50 Cr | Satisfied | |
| 10 Mar 2000 | 80045189 | State Bank of Travancore | ₹20 Cr | Satisfied | |
| 02 Feb 2000 | 80042726 | Corporation Bank | ₹100 Cr | Satisfied |
To see the full charge records of Maruti Suzuki India Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Maruti Suzuki India Limited has 56 deals on record (52 market trades, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12,848 Cr; the latest was in July 2025.
Total deals
56
Market trades
52
Secondary share transfers
2
Funding rounds
2
Disclosed funding
₹12,848 Cr
Deals on record (5 of 56)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Market trade | ₹45.68 Cr | Buyer: The Mtbj Ltd.As Trst For Government Pension Investment Fund Mtbj400045849 Seller: The Mtbj Ltd. As Trst For Govrnmnt Pension Invstmnt Fund Mtbj400045828 |
| Jan 2024 | Market trade | ₹29.27 Cr | Buyer: an individual Seller: an individual |
| Nov 2023 | Market trade | ₹19.83 Cr | Buyer: Aia Vcc - Aia Asian Equity Fund Seller: Aia International Limited |
| Oct 2023 | Market trade | ₹28.21 Cr | Buyer: Aia Vcc - Aia Asian Equity Fund Seller: Aia Investment Trust-Aia Singapore Participating Fund Sgd, Aia Investment Trust Aia Singapore Participating Fund Usd, Aia Investment Trust Aia Singapore Participating Fund Heritage Usd |
| Oct 2023 | Market trade | ₹59.13 Cr | Buyer: Aia Vcc - Aia Asian Equity Fund Seller: Aia Investment Trust - Aia Singapore Participating Fund Sgd, Aia Investment Trust Aia Singapore Participating Fund Usd, Aia Investment Trust Aia Singapore Participating Fund Heritage Usd |
To see the full deal history of Maruti Suzuki India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maruti Suzuki India Limited has 1,787 court cases on record: 743 filed by Maruti Suzuki India, 1,045 filed against it. 371 cases are pending and 1,416 are disposed.
Total cases
1,787
Filed by the company
743
Filed against the company
1,045
Pending
371
Disposed
1,416
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 925 | 377 | 161 |
| District courts | 608 | 495 | 166 |
| Supreme Court | 251 | 173 | 41 |
| NCLAT | 3 | 0 | 3 |
Cases on record (5 of 1,787)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by individuals | Disposed |
| Supreme Court | Court case (2901-Labour and Industrial Laws : Appointment, retrenchment, termination, dismissal, removal, disciplinary proceedings against labour/workmen) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by individuals | Pending |
| Supreme Court | Court case (2902-Labour and Industrial Laws : Payment of wages, bonus, provident fund, gratuity, service benefits, benefits under ESIC Act, 1948, compensation under Workmen's Compensation Act, 1923 (now Employees Compensation Act, 1923)and payment of overtime wages and minimum wage.) | Filed against the company by an individual | Pending |
To see the full case history of Maruti Suzuki India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Maruti Suzuki India Limited was last rated by Crisil on 29 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Apr 2020 |
To see the full credit ratings and regulatory alerts of Maruti Suzuki India Limited, buy the company report.
MSME payment delays
Maruti Suzuki India Limited has 84 MSME Form 1 returns on record between 2011 and 2024, listing 6,981 overdue payments to 745 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 745)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sam Gas Projects Private Limited | |||
| an individual supplier | |||
| Strategic Learning Solutions Private Limited | |||
| Euro Aircon International | |||
| Parikh Metacast Private Limited |
To see the full MSME payment records of Maruti Suzuki India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Maruti Suzuki India has 3 subsidiary companies, 3 joint ventures, and 14 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
3
Joint ventures
14
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Suzuki Motor Gujarat Private Limited | U34200GJ2014FTC079460 | |
| J J Impex (Delhi) Limited | U74140DL1976PLC008245 | |
| True Value Solutions Limited | U74999DL2002PLC113814 |
To see the full group structure of Maruti Suzuki India Limited, buy the company report.
Employees & EPFO
Maruti Suzuki India Limited has a workforce of 23,299 employees on its EPFO records as of Feb 03, 2026, across 1 active EPFO establishment.
Employee count
23,299
Active EPFO establishments
1
Employee growth
-2.79%
GST
Maruti Suzuki India has 29 GST registrations: 26 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
29
Active
26
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM0829Q1Z6 | Delhi | Active | 01 Jul 2017 |
| 06AAACM0829Q1Z8 | Haryana | Active | 01 Jul 2017 |
| 24AAACM0829Q2Z9 | Gujarat | Active | 01 Jul 2017 |
| 27AAACM0829Q1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maruti Suzuki India Limited, buy the company report.
Recent activity
Maruti Suzuki India Limited has 66 board changes on record since 1999: 40 appointments and 26 cessations. The latest: Kinji Saito ceased to be Director on 26 Apr 2025.
AGM
Maruti Suzuki India Limited last Annual general meeting of members was held on 31 Aug 2026 as per latest MCA records.
Filing
Maruti Suzuki India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Ceased
Kinji Saito ceased to be Director.
Appointed
Koichi Suzuki was appointed as Director.
Appointed
Sunil Kumar Kakkar was appointed as Whole-Time Director.
Ceased
Osamu Suzuki ceased to be Nominee Director.
Appointed
Anjali Bansal was appointed as Director.
Ceased
Davinder Singh Brar ceased to be Director.
Appointed
Ireena Vittal was appointed as Director.
Ceased
Rajinder Pal Singh ceased to be Director.
Appointed
Arnab Roy was appointed as CFO.
Appointed
Kazunari Yamaguchi was appointed as Director.
76 earlier events are in the company report.
News
From our blog
Frequently asked questions
Maruti Suzuki India is an active public limited company based in New Delhi, Delhi, India. The company works in passenger vehicles, within the automotive industry. It was incorporated on 24 February 1981 (45+ years old) and is registered under CIN L34103DL1981PLC011375. Listed on BSE: 532500 and NSE: MARUTI.
Maruti Suzuki India reported revenue of ₹1,83,316 Cr for FY 2025-26 (up 19.9% YoY) based on consolidated financials.
Maruti Suzuki India has 12 current directors:
- Hisashi Takeuchi - Managing Director
- Kenichiro Toyofuku - Whole-Time Director
- Sunil Kumar Kakkar - Whole-Time Director
- Toshihiro Suzuki - Director
- Kenichi Ayukawa - Director
- Lira Goswami - Director
- Maheswar Sahu - Director
- Ravindra Chandra Bhargava - Director
- Koichi Suzuki - Director
- Ireena Vittal - Director
- Anjali Bansal - Director
- Kazunari Yamaguchi - Director
The latest financial statements of Maruti Suzuki India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Maruti Suzuki India is 07AAACM0829Q1Z6, registered in Delhi. The company has 29 GST registrations in all, of which 26 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAACM0829Q1Z8 (Haryana), 24AAACM0829Q2Z9 (Gujarat), 27AAACM0829Q1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Maruti Suzuki India is L34103DL1981PLC011375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Maruti Suzuki India is a listed company as per MCA records. Its shares are listed on both BSE (code: 532500) and NSE (symbol: MARUTI).
Maruti Suzuki India has 1,787 court cases on record: 743 filed by the company and 1,045 filed against it. 371 are pending. Most are in the high courts.
Maruti Suzuki India was incorporated on 24 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
Maruti Suzuki India has 56 deals on record (52 market trades, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12,848 Cr; the latest was in July 2025.
Kinji Saito ceased to be Director on 26 Apr 2025. Koichi Suzuki was appointed as Director on 26 Apr 2025. Sunil Kumar Kakkar was appointed as Whole-Time Director on 01 Apr 2025. Maruti Suzuki India has 66 board changes on record in total.