Date: April 28, 2025
Current Market Price (CMP): ₹11,759
Domestic Sales:
FY25: 1,901,681 units (+2.7% YoY)
Q4 FY25: 519,546 units (+2.8% YoY)
Exports:
FY25: 332,585 units (+17.5% YoY)
Q4 FY25: 85,089 units (+8.1% YoY)
Maruti Suzuki delivered record-high Net Sales driven by strong export momentum and stable domestic demand.
Q4FY25 vs Q4FY24:
Margins declined due to higher manufacturing overheads, increased advertising, and expenses for the new Kharkhoda greenfield plant.
Q4FY25 vs Q3FY25:
Sequential improvement in PBT (+4.1%) and PAT (+5.3%) despite operating margin pressure.
The company maintains a robust balance sheet with strong liquidity, minimal leverage, and healthy profitability despite operational challenges.
Near-Term View (FY26):
New model launches and enhanced exports to sustain top-line momentum.
Margin recovery expected with cost optimization and better operating leverage.
Long-Term View (FY27-FY30):
Capacity expansion at Kharkhoda plant to drive the next phase of volume growth.
Electrification strategy and hybrid vehicle launches expected to fortify market leadership.
Export contribution is projected to cross 45% over the next few years.
Disclaimer:
This blog is intended solely for informational and educational purposes. It does not constitute investment advice or recommendations. Investors are advised to conduct their own due diligence before making any investment decisions.