Stocks / Maruti Suzuki India (MARUTI)

MARUTI Share Price, Analysis & News

Maruti Suzuki India (MARUTI) — Updated on 2026-05-08

Maruti Suzuki India Limited operates within the auto & truck manufacturers industry, focusing on the production, procurement, and sale of vehicles, components, and spare parts. The company's operations also extend to facilitating pre-owned car sales and fleet management services. Investors closely monitor Maruti Suzuki India share price for insights into the company's performance and its position within the automotive sector. Understanding the Maruti Suzuki India business model is crucial for analyzing its financial health, particularly in relation to industry trends and earnings reports. The company's activities are a key indicator for the broader automotive market.
Overview Daily Weekly Quarterly

Key Takeaway

Despite strong revenue growth, Maruti Suzuki's profits declined YoY, yet analysts maintain a strong buy outlook, suggesting a disconnect that may pressure the stock.

Daily

2026-05-08
  • The stock shows a mixed short-term trend with positive monthly returns of 7.28%, but is trading below its 50-day EMA, suggesting caution despite a bullish MACD crossover. This implies that while recent performance is encouraging, longer-term technical indicators suggest potential headwinds.
  • Recent quarterly results highlight strong revenue growth of 28.206% YoY to ₹52,462 Cr. However, this was overshadowed by a decline in net profit and EPS on both a quarterly and yearly basis, indicating that increased sales did not translate to improved profitability.
  • Analyst sentiment remains overwhelmingly positive, with 84.2% of ratings being 'Strong Buy' or 'Buy', a distribution that has remained stable over the past month. This suggests a consensus among market watchers that the company's long-term prospects are favorable.
  • Institutional investors show a slight shift, with FII holdings decreasing by 1.64% and DII holdings increasing by 1.25% quarter-over-quarter, while promoters maintain a dominant 58.53% ownership. This indicates a subtle rotation within institutional investors, possibly reflecting differing short-term outlooks.
  • News highlights suggest that while the broader midcap and smallcap segments are outperforming, with 29% earnings growth reported, this specific stock's monthly return is noted as positive. This context implies that the company is performing in line with or better than its peers in a generally strong market environment.
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Weekly

Latest weekly signal
  • The stock rose 3.12 percent this week, marking a two-week streak of positive closes as it continues to hover near its 50-day moving average.
  • Maruti Suzuki achieved its highest-ever monthly sales volume in April 2026, with 239,646 units sold, including 191,122 domestic sales.
  • Momentum indicators show a positive shift, with the MACD (a tool used to identify momentum shifts) histogram value reaching 83.09, confirming the MACD line is above the signal line.
  • The company reported a 28.2 percent year-over-year revenue increase for the quarter ending March 2026, though net profit declined by 6.4 percent during the same period.
  • Market volatility has decreased, as evidenced by the Bollinger Band width (which tracks the range of price movement) narrowing to 7.15 percent.
Open weekly analysis

Quarterly

fy26-q4
  • Revenue grew strongly year-over-year to ₹52,462.5 Crores (+28.2% YoY), indicating robust top-line expansion. Net Profit declined to ₹3,659 Crores (-6.5% YoY), showing that profitability was impacted despite revenue growth. Total Expenses increased significantly to ₹48,125.3 Crores (+28.0% YoY), driven by higher costs. The cost of materials consumed rose substantially by 50.7% year-over-year, contributing to increased expenses. Other income decreased by 68.0% year-over-year to ₹483.9 Crores, reducing a source of profit.
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Price & Technical Structure

  • Short-term returns show a positive trend over the last 1 and 5 days, with a 1-month return of 7.28%.
  • The stock is trading above its 9-day and 21-day EMAs, but below its 50-day EMA, indicating a mixed short-term trend.
  • Momentum is neutral to positive, with RSI at 57.09 and a bullish MACD crossover.
  • Volatility is moderate, with the price positioned at 86.44% of the Bollinger Band width.
  • The stock is trading 20.54% below its 52-week high and 13.31% above its 52-week low, with a current drawdown of -20.54%.
The stock exhibits a mixed short-term trend, with positive returns over the last month but trading below the 50-day EMA. Momentum indicators like RSI and MACD suggest a neutral to bullish outlook. Volatility remains moderate, and the stock is positioned significantly below its 52-week high, indicating potential for recovery but also highlighting recent downward pressure.

Weekly Momentum

  • The stock rose 3.12 percent this week, marking a two-week streak of positive closes as it continues to hover near its 50-day moving average.
  • Maruti Suzuki achieved its highest-ever monthly sales volume in April 2026, with 239,646 units sold, including 191,122 domestic sales.
  • Momentum indicators show a positive shift, with the MACD (a tool used to identify momentum shifts) histogram value reaching 83.09, confirming the MACD line is above the signal line.
  • The company reported a 28.2 percent year-over-year revenue increase for the quarter ending March 2026, though net profit declined by 6.4 percent during the same period.
  • Market volatility has decreased, as evidenced by the Bollinger Band width (which tracks the range of price movement) narrowing to 7.15 percent.
Maruti Suzuki experienced a week of strengthening momentum and record-breaking sales performance, despite facing pressure on its bottom-line profitability. The stock's 3.12 percent weekly gain and positive momentum indicators, such as the MACD, reflect a market responding to the company's strong operational output. While the company reported a significant 28.2 percent year-over-year revenue growth for the March 2026 quarter, net profit contracted, highlighting the impact of higher costs on earnings. The record sales in April 2026, reaching 239,646 units, underscore the company's robust market position and demand, which continues to attract analyst attention despite recent share price volatility.

Quarterly Analysis

Revenue grew strongly year-over-year to ₹52,462.5 Crores (+28.2% YoY), indicating robust top-line expansion.
Net Profit declined to ₹3,659 Crores (-6.5% YoY), showing that profitability was impacted despite revenue growth.
Total Expenses increased significantly to ₹48,125.3 Crores (+28.0% YoY), driven by higher costs.
The cost of materials consumed rose substantially by 50.7% year-over-year, contributing to increased expenses.
Other income decreased by 68.0% year-over-year to ₹483.9 Crores, reducing a source of profit.
Profitability declined despite strong revenue growth, indicating margin pressure driven by significantly increased expenses, particularly the cost of materials consumed. The reduction in other income also contributed to the lower net profit.
Maruti Suzuki India Ltd reported strong revenue growth for FY26 Q4. Revenue increased by 28.2% year-over-year to ₹52,462.5 Crores. This growth was driven by increased sales volumes. Revenue also saw a 5.1% increase from the previous quarter.

Despite this revenue performance, net profit declined. Net Profit for FY26 Q4 was ₹3,659 Crores, a decrease of 6.5% compared to the same quarter last year. This indicates margin pressure.

Expenses rose substantially by 28.0% year-over-year to ₹48,125.3 Crores. A major contributor to this increase was the cost of materials consumed, which saw a substantial rise of 50.7% year-over-year, amounting to ₹35,168.9 Crores. Other expenses also increased, including employee benefit expense (+24.9% YoY), depreciation (+19.6% YoY), and finance costs (+53.4% YoY). Tax expense increased by 25.1% year-over-year to ₹1,259.4 Crores.

Other income decreased significantly by 68.0% year-over-year to ₹483.9 Crores. This reduction in other income also impacted overall profitability. Share of profit from associates and joint ventures increased by 35.3% year-over-year to ₹97.3 Crores.

Inventory levels saw a significant increase of 63.8% year-over-year, reaching ₹11,320.6 Crores as of March 31, 2026. Current assets grew by 32.0% year-over-year to ₹38,957.4 Crores as of March 31, 2026.