Asia300

Maruti Suzuki India Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Sep 18, 2017
Prev close: 8,154.45
Sep 18, 2017
Market cap:
Market cap(USD):
2,463.29B
38,415.48M
Shares: 302.08M

Currency in INR

Company profile

Market(Ticker): BOM(532500)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 25,751

Business summary

Maruti Suzuki India Ltd. manufactures, purchases and sells of motor vehicles, automobile components and spare parts. The other activities of the company comprise facilitation of pre-owned car sales, fleet management and car financing. The company is a subsidiary of Suzuki Motor Corp. It offers various brands including Maruti 800, Omni and Eeco brands; international brands, such as Alto, Alto-K10, A-star, WagonR, Swift, Ritz, Ertiga, and Estilo; off-roader vehicles under Gypsy; SUVs under Grand Vitara brands; and sedans under SX4, Swift DZire, and Kizashi brands. Maruti Suzuki India was founded on February 24, 1981 and is headquartered in New Delhi, India.

Company background

Maruti Suzuki India, the country's No. 1 automaker, controls more than 40% of the domestic passenger car market.

The company started out as a state-run entity called Maruti Udyog in 1981. The following year, with the government actively promoting foreign investment in India, Japan's Suzuki Motor came on board as a joint venture partner.

The Japanese automaker gradually increased its stake in Maruti Udyog and turned it into a subsidiary in 2002. In 2007, the Indian government unloaded all of its remaining shares and the company was renamed Maruti Suzuki.

Although Maruti Suzuki is widely thought of as an Indian company, Suzuki owns a majority stake.

The company runs two factories in the northern state of Haryana. It has capacity for more than 1500,000 vehicles. Suzuki, meanwhile, is setting up an auto plant in the western state of Gujarat, scheduled to come onstream in 2017. This facility will be operated by a new, wholly owned Suzuki unit, rather than Maruti, but its output will be marketed by the Indian carmaker.

Although it focused on compact hatchbacks for years -- its Maruti 800 became an icon -- Maruti Suzuki now has sedans and sport utility vehicles in its lineup as well.

In the news

Financial highlights

Mar 2017

  • Local currency
  • US Dollar
Revenue 680,445M
Gross profit 157,895M
Operating income 78,665M
Income before tax 101,272M
Net income 75,099M
EBITDA 104,704M
Diluted EPS 248.61
Dividends per share 75
Total assets 525,643M
Total liabilities 154,738M
Total equity 370,751M
Operating cash flow 102,216M

Currency in INR

Revenue 10,147.25M
Gross profit 2,354.63M
Operating income 1,173.10M
Income before tax 1,510.23M
Net income 1,119.92M
EBITDA 1,561.41M
Diluted EPS 3.70
Dividends per share 1.11
Total assets 8,094.91M
Total liabilities 2,382.96M
Total equity 5,709.57M
Operating cash flow 1,524.31M

Currency in USD

Valuation measures

Mar 2017

PER 24.23
ROA 15.65%
ROE 22.18%
Operating margin 11.56%
Profit margin 11.03%

Key executive

  • CEO, Executive Director & Joint Managing Director: Kenichi Ayukawa
  • Chief Financial Officer: Ajay Seth
  • Executive Officer-Information Technology: R. Uppal
  • Vice President-Research & Development: Tapan Sahoo
  • Secretary & Chief Compliance Officer: Ravi S. Aiyar

Share holders

  • Suzuki Motor Corp.(56.2%)
  • Life Insurance Corp. of India(4.9%)
  • The Vanguard Group, Inc.(1.3%)
  • BlackRock Fund Advisors(1.0%)
  • Birla Sun Life Asset Management Co. Ltd.(0.8%)
  • Fidelity Management & Research Co.(0.7%)
  • UTI Asset Management Co. Ltd. (Investment Management)(0.7%)
  • HDFC Asset Management Co. Ltd.(0.6%)
  • ICICI Prudential Asset Management Co. Ltd.(0.5%)
  • SBI Funds Management Pvt Ltd.(0.5%)

Address

  • Website: http://www.marutisuzuki.com
  • Address: Plot No. 1, Nelson Mandela Road, New Delhi, 110070, India
  • Phone: +91.11.46781000

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