Maruti Suzuki India Limited is an Indian Automobile Industry. It was incorporated in 1981 by the government of India. It has its headquarter in New Delhi, India. Area of operation is mostly India. The products include Automobiles, Commercial vehicles and automotive parts. In 1982 a joint venture agreement (JVA) was signed between Maruti Udyog Ltd., and Suzuki of Japan to set up Maruti India. Maruti Suzuki has two manufacturing units located in Haryana and in Gujarat. These manufacturing units are wholly-owned by parent company Suzuki which supplies its entire production to Maruti Suzuki. <\/p>\n\n\n\n
Key Financial Highlights<\/u><\/strong><\/p>\n\n\n\n Net Sales of INR 221,876 million in Q3 2022 compared to that of INR 222,367 million in Q3 2021. Exports at 64,995 units in Q3 2022 compared to 28,528 units in Q3 FY21. Net Profit in this Quarter was INR 10,113 million in Q3 2022 compared to INR 19,414 million in Q3 FY21. The sales stood at 365,673 units in the Quarter, against 467,369 units in Q3 FY21. The negative factors affected the business in the quarter are adverse commodity prices, Lower sales volume due to electronic component shortages and Lower non-operating income. The positive factors impacting the quarter include cost reduction efforts and reduction in lower sales promotion expenses.<\/p>\n\n\n\n Market Share<\/u><\/strong><\/p>\n\n\n\n For the quarterthe market share for wholesale was 48.3% and for retail it was 49.9%, very close to the 50% mark. For the month of December, market share stood at 50%, but on cumulative basis the market share is 44%.<\/p>\n\n\n\n Outlook<\/u><\/strong><\/p>\n\n\n\n Expects CAPEX a little upwards of INR5,500 crores.<\/p>\n\n\n\n Expects to strengthen portfolio in different segments.<\/p>\n\n\n\n Conference Call Highlights<\/strong><\/strong><\/p>\n\n\n\n Management guidance:<\/u><\/strong><\/u><\/strong><\/p>\n\n\n\n The Company logged a Net Sales of INR 582,841 million for 9M FY 2021-22.<\/p>\n\n\n\n Net Profit of INR 19,274 million in 9M FY 2021-22 as against INR 30,636 million in the same period previous year.<\/p>\n\n\n\n Profit After Tax declined to Rs 19,274 compared to RS 30,636 in Q3 2022.<\/strong><\/p>\n\n\n\n Business Updates:<\/u><\/strong><\/p>\n\n\n\n Maruti Suzuki has decided to launch new product in the SUV category.<\/p>\n\n\n\n Maruti Suzuki has decided to finalise plans for new Haryana unit by 2021-end.<\/p>\n\n\n\n Maruti to receive 900 acres in Sonepat for units.<\/p>\n\n\n\n Maruti has increased output with an increase in levels of chip supplies.<\/p>\n\n\n\n Maruti Suzuki has decided to convert its website into vehicle financing platform.<\/p>\n\n\n\n Others<\/u><\/strong><\/p>\n\n\n\n Mauti exported 205,450 vehicles in Calendar year 2021 and this is the highest ever exports in any calendar year by the company.<\/p>\n\n\n\n Launch of all new Celerio, India\u2019s most fuel-efficient petrol car.<\/p>\n","protected":false},"excerpt":{"rendered":" Maruti Suzuki India Limited is an Indian Automobile Industry. It was incorporated in 1981 by the government of India. It has its headquarter in New Delhi, India. Area of operation is mostly India. The products include Automobiles, Commercial vehicles and automotive parts. In 1982 a joint venture agreement (JVA) was signed between Maruti Udyog Ltd., and Suzuki of […]<\/p>\n","protected":false},"author":1796,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6352,9908],"tags":[80,9515],"class_list":["post-128077","post","type-post","status-publish","format-standard","hentry","category-research-summary","category-research-tear-sheet","tag-automobile","tag-automobiles"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":128871,"url":"https:\/\/alphastreet.com\/india\/maruti-suzuki-india-limited-research-tear-sheet-q4-fy2022\/","url_meta":{"origin":128077,"position":0},"title":"Maruti Suzuki India Limited Research Tear Sheet Q4 FY2022","author":"sreerupa","date":"May 5, 2022","format":false,"excerpt":"Maruti Suzuki India Limited is an Indian Automobile Industry. It was incorporated in 1981 by the government of India. It has its headquarter in New Delhi, India. Area of\u00a0 operation is mostly India. The products include Automobiles, Commercial vehicles and automotive parts. In 1982 a joint venture\u00a0agreement (JVA) was signed\u2026","rel":"","context":"In "Research Summary"","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"Research Summary","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/04\/Research-summary.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178134,"url":"https:\/\/alphastreet.com\/india\/maruti-suzuki-india-limited-reports-record-quarterly-sales-and-net-revenue-for-q3-fy-2025-26\/","url_meta":{"origin":128077,"position":1},"title":"Maruti Suzuki India Limited Reports Record Quarterly Sales and Net Revenue for Q3 FY 2025-26","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"Maruti Suzuki India Limited (NSE: MARUTI) achieved its highest-ever quarterly domestic sales and net revenue, driven by a sharp recovery in the small car segment following GST reforms. Total sales volume reached record levels for the nine-month period, though net profit was affected by one-time regulatory provisions. On January 28,\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178137,"url":"https:\/\/alphastreet.com\/india\/maruti-suzuki-india-limited-reports-record-q3-net-sales-amid-volume-growth-and-regulatory-provisions\/","url_meta":{"origin":128077,"position":2},"title":"Maruti Suzuki India Limited Reports Record Q3 Net Sales Amid Volume Growth and Regulatory Provisions","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"Maruti Suzuki India Limited (NSE: MARUTI) achieved record quarterly net sales and volume growth in the third quarter of FY 2025-26, driven by a 20.9% surge in domestic sales. Despite higher revenues, profit margins were tempered by adverse commodity prices and a one-time regulatory provision related to new labour codes.\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":154409,"url":"https:\/\/alphastreet.com\/india\/driving-the-future-maruti-suzuki-ltd\/","url_meta":{"origin":128077,"position":3},"title":"Driving the Future: Maruti Suzuki Ltd.","author":"Divyansh_Kasana","date":"August 22, 2023","format":false,"excerpt":"Stock Data: TickerNSE: MARUTIExchangeNSEIndustryAUTOMOBILES Price Performance: Last 5 Days+2.91 %YTD+12.93 %Last 12 Months+8.82%As on 22-08-2023 Company Description: Maruti Suzuki Ltd. is a renowned automobile manufacturer based in India. As the largest carmaker in the country, Maruti Suzuki has established itself as a market leader and a household name. With a\u2026","rel":"","context":"In "Research Summary"","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":126667,"url":"https:\/\/alphastreet.com\/india\/maruti-suzuki-q3-2022-earnings-key-financials-and-quarterly-highlights\/","url_meta":{"origin":128077,"position":4},"title":"Maruti Suzuki Q3 2022 Earnings: Key financials and quarterly highlights","author":"Nishad","date":"January 25, 2022","format":false,"excerpt":"Maruti Suzuki\u00a0(NSE: MARUTI)\u00a0reported its third-quarter earnings result today. The company had total revenue of \u20b923,518 crores, which was up by 6% year on year. The net profit for the quarter was recorded at \u20b91,042 crores down by 48% on a yearly basis. Maruti Suzuki's EBITDA margin stood at 6.7%, which\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Maruti-SuzukiQ322-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Maruti-SuzukiQ322-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Maruti-SuzukiQ322-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Maruti-SuzukiQ322-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Maruti-SuzukiQ322-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":144201,"url":"https:\/\/alphastreet.com\/india\/maruti-suzuki-ind-q4fy23-43-growth-in-profit\/","url_meta":{"origin":128077,"position":5},"title":"Maruti Suzuki Ind Q4FY23; 43% Growth in Profit","author":"Karan_Singh","date":"April 26, 2023","format":false,"excerpt":"Maruti Suzuki India Ltd.\u2019s sales volume in Q4FY23 rose 5% to 514,927. Consolidated Profit After Tax came at \u20b9 26,236 millions in Q4FY23 showcasing a 43% rise in profits on YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"GABRIEL","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1796"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128077"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128077\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}INR Million<\/td> Q3 FY 22<\/td> Q3 FY 21<\/td><\/tr> Sales Volume<\/td> 4,30,668<\/td> 4,95,897<\/td><\/tr> Net Sales<\/td> 2,21,876<\/td> 2,22,367<\/td><\/tr> Op. EBIT<\/td> 9,190<\/td> 14.848<\/td><\/tr> PBT<\/td> 12,218<\/td> 24,498<\/td><\/tr> PAT<\/td> 10,113<\/td> 19,414<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n INR Million<\/td> 9M FY\u201922<\/td> 9M FY\u201921<\/td><\/tr> Sales Volume<\/td> 11,63,823<\/td> 9,65,626<\/td><\/tr> Net Sales<\/td> 5,82,841<\/td> 4,36,035<\/td><\/tr> Op. EBIT<\/td> 11,084<\/td> 10,637<\/td><\/tr> PBT<\/td> 23,843<\/td> 38,519<\/td><\/tr> PAT<\/td> 19,274<\/td> 30,636<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n