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Maruti Suzuki share price

Maruti Suzuki India Ltd.

NSE: MARUTI BSE: 532500 SECTOR: Automobiles - Passenger Cars  4.64 L   2.76 K   440

14869.55
-343.50 (-2.26%)
BSE: 27 Feb 04:01 PM

Price Summary

Today's High

₹ 15154.95

Today's Low

₹ 14818.9

52 Week High

₹ 17371.6

52 Week Low

₹ 11072.2

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

467502.48 Cr.

Enterprise Value

467056.08 Cr.

No. of Shares

31.44 Cr.

P/E

32.22

P/B

4.62

Face Value

₹ 5

Div. Yield

0.91 %

Book Value (TTM)

₹  3219.02

CASH

446.4 Cr.

DEBT

0 Cr.

Promoter Holding

58.28 %

EPS (TTM)

₹  461.51

Sales Growth

7.78%

ROE

15.68 %

ROCE

21.76%

Profit Growth

5.65 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Maruti Suzuki India Ltd.

BALENO IGNIS JIMNY GRAND VITARA XL6 Fronx ALTO WAGON R CELARIO CELARIOX SWIFT DZIRE S-PRESSO BREZZA ERTIGA EECO OMNI GYPSY

Index Presence

The company is present in 75Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year7.78%
3 Year19.82%
5 Year14.97%

Profit Growth

1 Year5.65%
3 Year54.74%
5 Year19.82%

ROE%

1 Year15.68%
3 Year16.01%
5 Year12.73%

ROCE %

1 Year21.76%
3 Year21.09%
5 Year16.52%

Debt/Equity

0

Price to Cash Flow

33.36

Interest Cover Ratio

100.3433

CFO/PAT (5 Yr. Avg.)

1.13486755319395

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2025 58.28 0.00
Sep 2025 58.28 0.00
Jun 2025 58.28 0.00
Mar 2025 58.28 0.00
Dec 2024 58.28 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 54.7415887798327% for the Past 3 years.
  • The company has shown a good revenue growth of 19.8226390387848% for the Past 3 years.
  • The company has significantly decreased its debt by 33.1 Cr.
  • Company has been maintaining healthy ROCE of 21.0871% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 100.3433.
  • The company has an efficient Cash Conversion Cycle of -30.3865 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.13486755319395.
  • The company has a high promoter holding of 58.28%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 38752.3 40673.8 38413.6 42100.8 49891.5
Total Expenditure 33687.7 36409.1 34418.3 37666.7 44319.8
Operating Profit 5064.6 4264.7 3995.3 4434.1 5571.7
Other Income 1067.2 1446.6 1823 913.1 1054.3
Interest 46.3 47.2 46.6 57 61.7
Depreciation 1428.7 872.4 937.5 1039.2 1734.3
Exceptional Items 0 0 0 0 0
Profit Before Tax 4656.8 4791.7 4834.2 4251 4830
Tax 997.5 1080.6 1122.5 957.9 1036
Profit After Tax 3659.3 3711.1 3711.7 3293.1 3794
Adjusted EPS (Rs) 116.39 118.04 118.06 104.74 120.67

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 70332.5 88295.6 117522.9 140932.6 151900.1
Total Expenditure 64987.2 82594.4 106515.2 124531.5 134114.9
Operating Profit 5345.3 5701.2 11007.7 16401.1 17785.2
Other Income 2946.4 1793.5 2161.3 3854.8 4750.4
Interest 100.8 125.9 186.6 193.2 193.1
Depreciation 3031.5 2786.5 2823.3 3022.3 3159.3
Exceptional Items 0 0 0 0 0
Profit Before Tax 5159.4 4582.3 10159.1 17040.4 19183.2
Tax 929.7 816 2109.9 3831 5228
Net Profit 4229.7 3766.3 8049.2 13209.4 13955.2
Adjusted EPS (Rs.) 140.06 124.71 266.53 420.15 443.87

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 151 151 151 157.2 157.2
Total Reserves 51215.8 53935 60231 83824.8 93889.5
Borrowings 0 0 0 0 0
Other N/C liabilities 2593.9 2091.9 2356.3 3261.7 4852.8
Current liabilities 16200.1 17013.7 20099.3 22928.7 26720.7
Total Liabilities 70160.8 73191.6 82837.6 110172.4 125620.2
Assets
Net Block 14957 13717.3 17804.9 18495.3 24706.8
Capital WIP 1192.3 2639.1 2808.1 6303.4 5357.5
Intangible WIP 297.5 290.3 88.9 230.5 401.8
Investments 33371 36663.2 47756.4 64601.5 68945.9
Loans & Advances 1928.2 2755.5 2400.8 2340.9 2507.3
Other N/C Assets 334.3 345 378.6 438.4 448.7
Current Assets 18080.5 16781.2 11599.9 17762.4 23252.2
Total Assets 70160.8 73191.6 82837.6 110172.4 125620.2
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 5159.4 4582.3 10159.1 17040.4 19183.2
Adjustment 354.9 1195.6 921.5 -595.4 -1283.8
Changes in Assets & Liabilities 4335.2 -2809.8 378.7 2277.7 -105.2
Tax Paid -1010.7 -1176.9 -2231.3 -3555.7 -3781.8
Operating Cash Flow 8838.8 1791.2 9228 15167 14012.4
Investing Cash Flow -7283.9 -189 -8018.2 -10682.8 -10241.5
Financing Cash Flow -1540.8 -1602.5 -1208.4 -4061.9 -4148.6
Net Cash Flow 14.1 -0.3 1.4 422.3 -377.7

Corporate Actions

Investors Details

PARTICULARS Dec 2024% Mar 2025% Jun 2025% Sep 2025% Dec 2025%
promoters 58.28 58.28 58.28 58.28 58.28
suzuki motor corporation 58.28 58.28 58.28 58.28 58.28
PARTICULARS Dec 2024% Mar 2025% Jun 2025% Sep 2025% Dec 2025%
investors 41.72 41.72 41.72 41.72 41.72
hdfc trustee company limi... - - - 2.13 2.15
icici prudential nifty50 ... - - - - 3.16
investor education and pr... 0.01 - - - 0.01
kotak balanced advantage ... - - - - 1.23
lici ulip-growth fund - - - - 4.30
nps trust a/c uti pension... - - - - 1.39
sbi esg exclusionary stra... 2.33 - - 2.26 2.29
uti nifty india manufactu... - 1.13 - 1.05 1.16
icici prudential mutual f... - - - 3.46 -
investor education and pr... - 0.01 0.01 0.01 -
kotak mahindra trustee co... - - - 1.08 -
lici index plus flexi sma... - - - 4.53 -
nps trust - a/c lic pensi... - - - 1.08 -
hdfc mutual fund-hdfc arb... - - 2.07 - -
icici prudential mutual f... - - 4.46 - -
kotak bluechip fund - - 1.10 - -
life insurance corporatio... 4.36 - 4.93 - -
parag parikh flexi cap fu... 1.02 - 1.01 - -
sbi arbitrage opportuniti... - - 2.20 - -
uti conservative hybrid f... - - 1.14 - -
hdfc mutual fund - hdfc n... - 2.12 - - -
icici prudential transpor... - 4.82 - - -
kotak mahindra trustee co... - 1.18 - - -
lici fortune plus growth ... - 4.75 - - -
parag parikh arbitrage fu... - 1.01 - - -
sbi equity minimum varian... - 2.30 - - -
europacific growth fund 1.01 - - - -
hdfc mutual fund - hdfc n... 1.99 - - - -
icici prudential nifty 50... 5.16 - - - -
kotak mahindra trustee co... 1.26 - - - -
uti nifty 50 index fund 1.11 - - - -

Annual Reports

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Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Concalls & Presentations

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Concall Q4FY23
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Company News

Maruti Suzuki gains as its Gujarat in-plant railway siding becomes world’s first modal shift project 26 Feb, 9:28 AM Maruti Suzuki’s Gujarat in-plant railway siding becomes world’s first modal shift project 25 Feb, 5:41 PM Maruti Suzuki India commences sales of e VITARA BEV 17 Feb, 5:38 PM Maruti Suzuki surges on reporting 9% growth in total vehicle production in January 3 Feb, 2:54 PM Maruti Suzuki reports 9% growth in total vehicle production in January 3 Feb, 2:19 PM Maruti Suzuki gains on reporting 12% rise in total sales in January 2026 2 Feb, 12:22 PM Maruti Suzuki India reports 12% rise in total sales in January 2026 2 Feb, 10:11 AM Maruti Suzuki India informs about press release 2 Feb, 9:47 AM Maruti Suzuki - Quaterly Results 29 Jan, 12:00 AM Maruti Suzuki reports 4% rise in Q3 consolidated net profit 28 Jan, 3:51 PM Maruti Suzuki India starts exports of premium Victoris SUV 16 Jan, 4:42 PM Maruti Suzuki India informs about board meeting 15 Jan, 3:16 PM Maruti Suzuki India submits board meeting intimation 15 Jan, 12:01 PM Maruti Suzuki India rises on signing MoU with Indian Oil Corporation 12 Jan, 3:22 PM Maruti Suzuki India signs MoU with Indian Oil Corporation 12 Jan, 3:08 PM Maruti Suzuki gets nod to acquire land for capacity expansion at Khoraj Industrial Estate 12 Jan, 10:50 AM Maruti Suzuki India informs about board approval 12 Jan, 9:52 AM Maruti Suzuki India moves up on producing over 22.55 lakh units in 2025 6 Jan, 9:45 AM Maruti Suzuki India produces over 22.55 lakh units in 2025 5 Jan, 4:14 PM Maruti Suzuki India's total vehicle production rises 34.4% in December 2 Jan, 3:41 PM Maruti Suzuki India informs about press release 1 Jan, 4:46 PM Maruti Suzuki India reports 22% rise in total sales in December 2025 1 Jan, 4:14 PM Maruti Suzuki India gains on signing MoU with Kerala Grameena Bank 31 Dec, 2:23 PM Maruti Suzuki India signs MoU with Kerala Grameena Bank 31 Dec, 12:50 PM Maruti Suzuki India rises on crossing 35 lakh units in cumulative production of WagonR 19 Dec, 12:50 PM Maruti Suzuki India crosses 35 lakh units in cumulative production of WagonR 19 Dec, 12:39 PM Maruti Suzuki India moves up on launching WagonR with option of swivel seat 17 Dec, 3:24 PM Maruti Suzuki India launches WagonR with option of swivel seat 17 Dec, 2:30 PM Maruti Suzuki India aims to set up charging infrastructure across country 3 Dec, 10:50 AM Maruti Suzuki India moves up on reporting 26% rise in total sales in November 2025 2 Dec, 9:42 AM Maruti Suzuki India reports 26% rise in total sales in November 2025 1 Dec, 5:53 PM Maruti Suzuki India informs about newspaper clipping 27 Nov, 4:58 PM Maruti Suzuki acquires around 8% stake in Ravity Software Solutions 21 Nov, 3:10 PM Maruti Suzuki India jumps on inaugurating 1,500th parts and accessories distributor touchpoint 21 Nov, 2:21 PM Maruti Suzuki India inaugurates 1,500th parts and accessories distributor touchpoint 21 Nov, 12:39 PM Maruti Suzuki India trades higher on the BSE 18 Nov, 2:41 PM Maruti Suzuki India trades higher on the BSE 17 Nov, 3:09 PM Maruti Suzuki India recalls 39,506 units of Grand Vitara 17 Nov, 10:30 AM Maruti Suzuki India informs about analyst meet 13 Nov, 12:06 PM Maruti Suzuki gains on crossing 3 crore cumulative sales mark in domestic market 6 Nov, 10:34 AM Maruti Suzuki crosses 3 crore cumulative sales mark in domestic market 6 Nov, 10:12 AM Maruti Suzuki India informs about investor meet 4 Nov, 12:10 PM Maruti Suzuki India reports 7% rise in total sales in October 2025 3 Nov, 12:00 PM Maruti Suzuki India reports 8% rise in Q2 consolidated net profit 1 Nov, 12:02 PM Maruti Suzuki - Quaterly Results 1 Nov, 12:00 AM Maruti Suzuki crosses exports of 1 lakh units of Jimny 5-door 24 Oct, 11:44 AM Maruti Suzuki India moves up on signing MoA to set up 10 ADTTs in Tamil Nadu 15 Oct, 11:35 AM Maruti Suzuki India signs MoA to set up 10 ADTTs in Tamil Nadu 15 Oct, 11:02 AM Maruti Suzuki India informs about board meeting 9 Oct, 12:50 PM Maruti Suzuki India to add 500 service workshops in current fiscal 9 Oct, 10:30 AM

Maruti Suzuki Stock Price Analysis and Quick Research Report. Is Maruti Suzuki an attractive stock to invest in?

The Indian Auto Industry is among the top five largest in the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The government's support is providing the auto companies with a boost needed in their development. But will it sustain?

We can look into more details and dig a little deeper into the analysis of the stock of this sector. Maruti Suzuki stock price today is Rs 14857. Let’s look at how Maruti Suzuki is performing and if it is the right time to buy the stock of Maruti Suzuki with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Maruti Suzuki has reported poor sales growth of 7.7821% and in the latest quarter sales was Rs 49891.5 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 34.3108 times for Maruti Suzuki . It is managing its inventory efficiently .
     
  • Maruti Suzuki reported Profit growth of 5.646 % over the year, where the latest year profit is Rs 13955.2 Cr compared to the previous year of Rs 13209.4 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Maruti Suzuki in the latest quarter is Rs 5571.7 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Maruti Suzuki has a average ROE of 15.6775%. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Maruti Suzuki has a low Debt to Equity ratio of 0.
     
  • Maruti Suzuki pays a dividend of 135 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.9077%.
     
  • The share of promoter in Maruti Suzuki is high at 58.28%, where the pledging is 0%.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Maruti Suzuki is 32.1923611126158 compared to the 5 year average PE of 39.33768.

One can find all the Financial Ratios of Maruti Suzuki in Ticker for free. Also, one can get the intrinsic value of Maruti Suzuki by using Valuation Calculators, which are available with a Finology ONE subscription. 

Maruti Suzuki FAQs

Q1. What is Maruti Suzuki share price today?
Ans: The current share price of Maruti Suzuki is Rs 14857.

Q2. What is the market capitalisation of Maruti Suzuki?
Ans: Maruti Suzuki has a market capitalisation of Rs 467107.9041918 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Maruti Suzuki?
Ans: The PE ratio of Maruti Suzuki is 32.1923611126158 and the P/B ratio of Maruti Suzuki is 4.61538514110662, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Maruti Suzuki share?
Ans: The 52-week high share price of Maruti Suzuki is Rs 17370, and the 52-week low share price of Maruti Suzuki is Rs 11059.45.

Q5. Does Maruti Suzuki pay dividends?
Ans: Currently, Maruti Suzuki pays dividends. Dividend yield of Maruti Suzuki is around 0.9077%.

Q6. What are the face value and book value of Maruti Suzuki shares?
Ans: The face value of Maruti Suzuki shares is Rs 5, while the book value per share of Maruti Suzuki is around Rs 3219.0163. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Maruti Suzuki?
Ans: Maruti Suzuki has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Maruti Suzuki?
Ans: The ROE of Maruti Suzuki is 15.6775% and ROCE of Maruti Suzuki is 21.7636%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Maruti Suzuki a good buy for the long term?
Ans: The Maruti Suzuki long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Maruti Suzuki undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Maruti Suzuki appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Maruti Suzuki’s financials?
Ans: You can review Maruti Suzuki’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about Maruti Suzuki

Maruti Suzuki Share Price, Stock Analysis & Company Profile

Maruti Suzuki India Limited is the undisputed leader in the Indian automotive industry, commanding a dominant market share in the passenger vehicle segment. Originally established as Maruti Udyog Limited, the company has transformed the Indian landscape by making car ownership accessible to the middle class. 

This page serves as a comprehensive hub for investors to track the Maruti Suzuki share price, perform a detailed Maruti Suzuki India share price analysis, and access an updated Maruti Suzuki stock analysis.

About Maruti Suzuki India Limited

Founded in 1981 by the Government of India, Maruti Suzuki began its journey as a joint venture with Suzuki Motor Corporation of Japan in 1982. The company launched its first iconic car, the Maruti 800, in 1983, which became a symbol of mobility for millions.

Over the decades, Suzuki Motor Corporation increased its stake, and today, Maruti Suzuki is Suzuki’s largest subsidiary globally in terms of production and sales volume. Headquartered in New Delhi, the company operates world-class manufacturing facilities in Gurugram and Manesar (Haryana), and a state-of-the-art plant in Hansalpur (Gujarat).

Maruti Suzuki Business Model

Maruti Suzuki operates a vertically integrated automotive business model focused on high-volume production, fuel efficiency, and an extensive service network.

  • Passenger Vehicles: The core business involves the manufacturing and sale of cars ranging from entry-level hatchbacks (Alto, WagonR) to premium SUVs and MPVs (Grand Vitara, XL6, Invicto).

  • NEXA & ARENA Channels: The company uses a dual-channel retail strategy. ARENA handles the mass-market portfolio, while NEXA is dedicated to premium products and a high-end customer experience.

  • Pre-Owned Cars (True Value): Maruti Suzuki is a major player in the organized pre-owned car market, providing a platform for buying, selling, and exchanging used vehicles.

  • Services & Components: A significant portion of revenue comes from after-sales services, spare parts, and accessories through a network of over 4,500 service stations.

  • Allied Services: The company facilitates vehicle insurance (Maruti Insurance), financing (Maruti Finance), and fleet management solutions (N2N).

Maruti Suzuki IPO and Listing Details

The Maruti Suzuki IPO in 2003 was a landmark event, representing a successful disinvestment by the Government of India and one of the most sought-after listings of its time.

  • Listing Year: 2003
  • IPO Listing Date: 9 July 2003
  • IPO Price: Rs 125 per share
  • Listing Price: Rs 158 (on BSE)
  • Listing Gain: Approximately 26.4% on the first day of trading.
  • Face Value: Rs 5 per share
  • ISIN: INE585B01010
  • Listing Exchanges: NSE and BSE
  • NSE Symbol: MARUTI
  • BSE Scrip Code: 532500

Maruti Suzuki Corporate Action History

Maruti Suzuki is known for its steady growth and has maintained a consistent record of rewarding its long-term shareholders through dividends and value preservation.

Stock Split & Bonus History

  • Stock Splits: Since its listing, Maruti Suzuki has not undergone any stock splits. The face value remains at Rs 5 per share.
  • Bonus Shares: The company has not issued any bonus shares since January 2000.

Dividend Policy

Maruti Suzuki is a consistent dividend payer with a healthy payout ratio.

  • FY 2024-25: Declared a final dividend of Rs 125 per share (2500%).
  • FY 2025-26: Declared a final dividend of Rs 135 per share (2700%) in early 2026.
  • Yield: The company typically maintains a dividend yield that reflects its mature and cash-rich status.

Investor Resources Available on This Page

For a professional-grade Maruti Suzuki stock analysis, this page provides the following interactive resources in their respective tables:

  • Price Chart: Monitor the long-term trends and price movements of the Maruti Suzuki share price. (data delayed by 15 minutes)

  • Company Ratios: Analyze key metrics like P/E Ratio, Return on Equity (ROE), and Price-to-Book (P/B) ratio.

  • Quarterly Results: Stay updated with the latest sales volume, revenue growth, and net profit figures.

  • Balance Sheet: Review the company's strong reserves, almost debt-free status, and capital expenditure on new plants.

  • Shareholding Pattern: Track the holdings of Promoters (Suzuki Motor Corp), Foreign Institutional Investors (FIIs), and Mutual Funds.

  • Annual Reports: Access official filings for insights into the "Maruti Suzuki 3.0" strategy and EV roadmap.

  • Pros & Cons: A simplified look at the company’s market leadership versus competitive pressures in the SUV segment.

Frequently Asked Questions (FAQs)

Q1. What is the latest Maruti Suzuki share price?
The updated share price is displayed at the top of this page. Note that the data on the chart is subject to a 15-minute delay from the exchanges.

Q2. When did Maruti Suzuki go public?
The company was listed on the NSE and BSE on 9 July 2003, following an oversubscribed IPO.

Q3. Does Maruti Suzuki pay dividends?
Yes, Maruti Suzuki has a history of paying regular dividends to its shareholders. The latest dividend declared for FY 2025-26 was Rs 135 per share.

Q4. What is the face value of Maruti Suzuki shares?
The face value of each equity share is Rs 5.

Q5. Is Maruti Suzuki debt-free?
Yes, the company is almost entirely debt-free and maintains massive cash reserves for its future expansions and new manufacturing plants.

Q6. What are NEXA and ARENA?
These are two different retail outlets of Maruti Suzuki. ARENA sells high-volume cars like the Swift and WagonR, while NEXA is the premium channel for cars like the Baleno, Grand Vitara, and Invicto.

Q7. Where can I find the latest annual report?
You can download the latest Annual Report and investor presentations from the "Documents" or "Reports" section on this page.

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