Stock · MARUTI · Auto OEM
MARUTI share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for Maruti Suzuki India Ltd, refreshed every end-of-day run. Monthly dispatch print, urban-rural mix, and whether the SUV-CNG portfolio carries the auto-pack rotation through the festive lead-in.
The verdict
BazaarBaazi reads MARUTI as constructive with a Crack Score of 76/100 as of 30 Jul 2026.
BazaarBaaziSource & method
The scanner's readScanned · scanned 31 Jul 2026
Where MARUTI stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.
Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.
Technical axis
79/100Fundamental axis
50/100Money flow
68/100Result pulse · Q4 FY26
0/100Technical evidence
up/down volume 1.54x (buyers dominant)
MFI 51.9
net +2 accumulation days (25d)
pocket pivot (institutional footprint)
relative strength rising vs NIFTY
RS slope +3.6% (3m)
outperforming and above 50DMA
Valuation and context
P/E 30.4 vs sector median 40.8 (0.75x, 34th pctile)
Red flags
above 200DMA (not a confirmed short-side trend)
weak filed result (score 0.0)
Relative valuation
P/E (TTM)
30.4P/E vs sector
+0.8%Sector percentile
34PEG
n/aScanner levels from the deterministic engine run of 2026-07-31, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.
Price target: support and resistanceComputed 30 Jul 2026
Support and resistance for MARUTI are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Closing Bell Flash on 30 Jul 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the MARUTI chart, refreshed every end-of-day run.
The Crack Score, and how it is built76 / 100 · High conviction
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for MARUTI, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
About Maruti Suzuki India LtdBusiness profile
What MARUTI actually does, and the edge that holds its position.
Maruti is the default first car for middle India, and that is both the whole bull case and the whole problem in one line. It is the country's largest passenger-car manufacturer by volume, dominant across hatchbacks, sedans and compact SUVs, run out of two Haryana plants and a newer Gujarat facility, sold through one of the widest dealer networks in the country. As a Suzuki subsidiary it has owned the entry and mid-level segments for decades, which is exactly the heartland the market is now trying to move past.
Maruti's structural edge is its unmatched distribution depth and the lowest cost-of-ownership positioning in India, making it the default first-car brand for tens of millions of households. The Suzuki technology pipeline and scale economics keep its per-unit cost structurally below most rivals.
The F&O viewHorizon · 1d
How the futures and options structure on MARUTI reads right now.
The editorial price read on MARUTI is bullish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on MARUTI can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.
Why it movedSession +3.44%
The most recent BazaarBaazi read on what is driving MARUTI.
HEROMOTOCO rose +3.44%, MM gained +2.00%, EICHERMOT added +1.67%, MARUTI moved +1.66%, and TATAMOTORS climbed +1.58%.
Read in Closing Bell Flash on 30 Jul 2026. Why MARUTI moved, the living explainer, tracks every move on one URL.
The 2026 to 2030 pictureStructural read
What genuinely drives MARUTI over a multi-year horizon. A structural read, not a price forecast.
The central driver over 2026 to 2030 is Maruti's ability to defend its volume leadership as the Indian passenger-vehicle market expands, while building out a credible electric-vehicle lineup after years of prioritising its CNG and hybrid strategy. The key risk is the SUV mix shift eating into its hatchback heartland at a time when EV-native rivals and Chinese-backed brands are pricing aggressively in the same segments. What BazaarBaazi thinks: the distribution moat is unbreakable and the entry-level India story is real, but the one thing the Crack Score cannot price is whether the country's first-time buyers keep wanting a Maruti or start wanting an SUV that Maruti was late to.
What to watch:
- SUV and crossover share within total dispatches each quarter
- EV model launch timeline and pricing versus domestic and Chinese-backed rivals
- CNG variant offtake as a near-term volume lever given fuel-price sensitivity
- Rural demand recovery and entry-level financing availability
- Suzuki parent's technology transfer cadence for next-gen platforms
Peers and how to compare5 listed names
The listed names MARUTI is most often read against. Compare them on the same Crack Score and levels.
Tata Motors · TATAMOTORS
Read the TATAMOTORS verdict and levels
Mahindra and Mahindra · MM
Read the MM verdict and levels
Hyundai Motor India
Listed peer in the same space
Kia India
Listed peer in the same space
Honda Cars India
Listed peer in the same space
Stored valuation readStored 2026-08-10
P/E, P/B, yield and the quality set for Maruti Suzuki India Ltd, computed only from the stored fundamentals snapshot dated 2026-08-10. No carried market price is presented as current.
P / E
30.9x
Earnings yield
3.24%
P / B
4.14x
P / S
2.25x
EV / EBITDA
20.1x
Dividend yield
0.99%
Market cap
Rs 4.43 lakh cr
Enterprise value
Rs 4.26 lakh cr
Stored from Maruti Suzuki India Ltd's filed results, as of 2026-08-10 and currency-checked. Price input Rs 14,097.00 from baked EOD spot. Open the calculator, move the price and watch every ratio react.
Latest filed resultsQ4 FY26
Maruti Suzuki India Ltd's most recent quarter, parsed straight from the official BSE filing. Every figure links back to its primary source.
Result Pulse
0 / 100Revenue
Rs 52,463 crNet profit
Rs 3,659 crEPS (quarter)
Rs 116.38| Growth | YoY | QoQ |
|---|---|---|
| Revenue | n/a | n/a |
| Net profit | n/a | n/a |
| Net margin | n/a | |
Figures are the Q4 FY26 result for Maruti Suzuki India Limited, parsed straight from the official BSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
Earnings history, every filed quarter32 quarters on record
Maruti Suzuki India Ltd's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.
MARUTI official result trail
32 quarters
Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 52,463 cr | Rs 116.38 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 49,904 cr | Rs 123.38 | n/a | 56/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 42,344 cr | Rs 106.52 | n/a | n/a | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 38,605 cr | Rs 120.62 | n/a | n/a | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 40,920 cr | Rs 124.40 | n/a | 50/100 | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 38,764 cr | Rs 118.54 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 37,449 cr | Rs 98.68 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 35,779 cr | Rs 119.58 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 38,471 cr | Rs 251.42 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 33,513 cr | Rs 102.00 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 37,073 cr | Rs 124.61 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 32,339 cr | Rs 83.59 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 32,060 cr | Rs 88.41 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Consolidated, audited | Rs 29,058 cr | Rs 79.17 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 29,943 cr | Rs 69.93 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 26,512 cr | Rs 34.30 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 26,749 cr | Rs 62.10 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 23,253 cr | Rs 34.49 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 20,551 cr | Rs 16.12 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 17,776 cr | Rs 15.72 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 24,035 cr | Rs 41.09 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 23,471 cr | Rs 66.10 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 18,756 cr | Rs 46.99 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 4,111 cr | Rs -8.88 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 18,208 cr | Rs 43.77 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Consolidated, audited | Rs 20,722 cr | Rs 52.55 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 16,998 cr | Rs 46.05 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 19,733 cr | Rs 45.58 | n/a | n/a | Filing |
| Q4 FY19ended 31 Mar 2019 / Standalone, audited | Rs 20,738 cr | Rs 59.44 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Standalone, audited | Rs 19,668 cr | Rs 49.30 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Standalone, audited | Rs 22,433 cr | Rs 74.17 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Standalone, audited | Rs 22,459 cr | Rs 65.39 | n/a | n/a | Filing |
The official financialsFiled to 31 Mar 2026
Maruti Suzuki India Ltd's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.
Trailing twelve months, on filed quarters
Revenue (TTM)
1,83,316 crNet profit (TTM)
14,680 crEBIT (TTM)
19,072 crProfit before tax (TTM)
18,833 crNet margin (TTM)
8.0%Finance costs (TTM)
239 crBalance sheet, as filed 2026-03-31
Total assets
1,48,881 crShareholder equity
1,07,156 crTotal borrowings
0.0 crCash and equivalents
66.9 crInventory
11,321 crTrade receivables
5,342 crThe cash engine, latest filed year
Operating cash flow
19,100 crCapex
10,398 crFree cash flow
8,702 crInvesting flow
14,734 crFinancing flow
4,484 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 1,83,316 cr | 14,680 cr | 1,07,156 cr | 0.0 cr | 19,100 cr |
| FY25 | 1,52,913 cr | 14,500 cr | 96,240 cr | 0.0 cr | 16,136 cr |
| FY24 | 1,41,858 cr | 13,488 cr | 85,636 cr | 33.1 cr | 16,801 cr |
| FY23 | 1,17,571 cr | 8,211 cr | 61,791 cr | 1,216 cr | 9,251 cr |
| FY22 | 88,330 cr | 3,880 cr | 55,334 cr | 382 cr | 1,841 cr |
| FY21 | 70,372 cr | 4,389 cr | 52,501 cr | 492 cr | n/a |
Every figure is parsed from Maruti Suzuki India Ltd's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.
Management on record1 earnings call
Every MARUTI earnings call BazaarBaazi has indexed, latest 30 Apr 2026. Read management in its own words, straight from the filed transcript.
Maruti Suzuki India Ltd earnings calls on record
1 call since 30 Apr 2026
Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.
What changed68 disclosures
Every recent official filing from Maruti Suzuki India Ltd, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
Maruti Suzuki India Limited has filed 68 official disclosures recently. The most recent is a Earnings dated 31 Jul 2026.
a press release dated July 31, 2026, titled "Maruti Suzuki announces Financial Results for Quarter 1 (April-June), FY 2026-27.
Maruti Suzuki India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Board Meeting to be held on 31-Jul-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended June 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Commencement of the commercial production at the fourth plant in Hansalpur, Gujarat
Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Event Heat is withheld because the reproducible what-changed window is unavailable. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the MARUTI chart. Not a substitute for a registered research note.
| Ticker | MARUTI |
|---|---|
| Full name | Maruti Suzuki India Ltd |
| Sector | Auto OEM |
| Index class | LARGE CAP |
| ISIN | INE585B01010 |
| Market-cap band | ₹4.10 lakh cr |
| Last referenced level | Inside latest show |
| Last session move | +3.44% |
| Editorial line in | Closing Bell Flash on 30 Jul 2026 |
| Aliases tracked | Maruti, MSIL |
Reference chart13 Jan 2026
The daily frame the desk reads on MARUTI.

FAQ16 reader questions · AEO-eligible
The line on MARUTI, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the MARUTI share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on MARUTI. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Closing Bell Flash on 30 Jul 2026.
What is BazaarBaazi's Crack Score for MARUTI?
The BazaarBaazi Crack Score for MARUTI is 76 out of 100 as of 30 Jul 2026, a high conviction reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on MARUTI?
Legacy record dated 12 Aug 2026; provider observation time unavailable, so BazaarBaazi retains MARUTI's dated near-money option-inventory band but withholds the specific open-interest counts, PCR and max-pain claim until a fully reproducible, provider-timestamped snapshot is recorded. Matched inventory cannot identify who initiated either side, direction, hedging, spreads or profit. This is a carried stale snapshot; the latest refresh did not replace it.
What sector is MARUTI in and which peers does BazaarBaazi track?
MARUTI sits in Auto OEM (large cap), indicative market cap ₹4.10 lakh cr, ISIN INE585B01010. The peers BazaarBaazi reads alongside it are Tata Motors Ltd. Monthly dispatch print, urban-rural mix, and whether the SUV-CNG portfolio carries the auto-pack rotation through the festive lead-in.
How often is the MARUTI view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on MARUTI is bullish, published in Closing Bell Flash on 30 Jul 2026.
Is Maruti Suzuki a good long-term stock?
What carries MARUTI is sheer volume leadership in a car market that is still under-penetrated by global standards, but the risk no score captures is a brand built on hatchbacks getting outflanked in the SUV and EV shift it joined late. BazaarBaazi publishes a dated Crack Score for MARUTI that synthesises the current technical and earnings setup. Whether the long-term case holds depends on how fast the SUV mix and EV transition play out relative to Maruti's own product cadence.
Maruti share price target 2030?
What would actually move MARUTI over a 2030 horizon is holding share through the SUV cycle and shipping a competitively priced EV portfolio, while the unmodellable risk is that the same low-cost positioning that built the moat becomes a ceiling as buyers trade up. BazaarBaazi does not publish fixed multi-year price targets. Check the live Crack Score for the current dated read.
Why is Maruti share falling?
Near-term pressure on MARUTI usually traces to one of three things the desk watches: dealer inventory building up and signalling demand softness, faster-than-expected SUV share loss, or margin compression from commodity or currency costs. Check the latest Crack Score levels for the exact technical context.
Is MARUTI a qualifying setup on the BazaarBaazi scanner right now?
On the 2026-07-31 run of the 500-name BazaarBaazi setup scanner, Maruti Suzuki India Ltd sits in the Scanned tier with a setup score of 65/100 (technical 79, fundamental 50). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.
Where can I read Maruti Suzuki India Ltd's earnings call transcripts?
BazaarBaazi indexes 1 MARUTI earnings call going back to 2026-04-30, latest 2026-04-30. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.
What was Maruti Suzuki India Limited's Q4 FY26 net profit?
Maruti Suzuki India Limited reported a net profit of Rs 3,659 cr for Q4 FY26 (the quarter ended 31 March 2026). The figure is from the company's official NSE filing.
What was Maruti Suzuki India Limited's Q4 FY26 revenue?
Maruti Suzuki India Limited reported revenue of Rs 52,463 cr for Q4 FY26. The figure is from the company's official NSE filing.
How does BazaarBaazi rate Maruti Suzuki India Limited's Q4 FY26 result?
BazaarBaazi gives Maruti Suzuki India Limited's Q4 FY26 result a Result Pulse of 0 out of 100, with a verdict of Insufficient data. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has Maruti Suzuki India Ltd announced recently?
Maruti Suzuki India Ltd's two most material recent disclosures are an earnings dated 31 Jul 2026, and a board meeting dated 31 Jul 2026, "Board Meeting to be held on 31-Jul-2026 to inter-alia…". Both link to the company's own official filing on the BazaarBaazi stock page.
Has Maruti Suzuki India Ltd declared a dividend recently?
Yes. Maruti Suzuki India Ltd filed a dividend disclosure on 28 Apr 2026, filed as "Record date for the purpose of Dividend is 07-Aug-2026". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.
What did Maruti Suzuki India Ltd's latest board meeting cover?
Maruti Suzuki India Ltd's most recent board-meeting disclosure on record dated 31 Jul 2026 reads "Board Meeting to be held on 31-Jul-2026 to inter-alia consider and…". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.
Related stock views
The names BazaarBaazi reads alongside MARUTI, each a living view refreshed every end-of-day run.