Maruti Suzuki India Ltd
About
Maruti Suzuki India Limited is a publicly listed Indian subsidiary of Japanese automaker Suzuki Motor Corporation. It is the largest automobile manufacturer in India, specialising in small cars. The company was established by the Government of India as Maruti Udyog Limited in February 1981 as a joint venture with Suzuki, the latter becoming the first Japanese automaker, as well as the first major foreign automaker, to invest in India.Maruti opened its first production facility in Gurugram, Haryana, in 1982. Initially, Maruti was majority-owned by the Indian government, with Suzuki only taking a 26% stake during its establishment in 1982. The Indian government gradually reduced its stake, partially departed the business in 2003 by making it a public company and then sold all of its remaining shares to Suzuki Motor Corporation in 2007.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 146584 20.7% | 121433 34.4% | 90330 23.4% | 73204 -7.8% | 79352 -10.4% | 88574 8.1% | 81978 15.6% | 70927 19.8% | 59184 13.5% | 52127 15.5% | 45115 0.0% | 45115 21.7% | 37085 -1.7% | 37730 22.4% | 30820 43.4% | 21496 - |
| Net Operating Income (INR Cr) | 141858 19.80% | 118410 34.05% | 88330 25.52% | 70372 -6.99% | 75660 -12.09% | 86069 7.84% | 79809 17.22% | 68085 18.23% | 57589 13.36% | 50801 14.43% | 44396 0.21% | 44304 22.76% | 36090 -2.87% | 37156 25.56% | 29592 43.22% | 20662 14.41% |
| Profit (INR Cr) | 13488 63.2% | 8264 113.0% | 3880 -11.6% | 4389 -22.7% | 5676 -25.8% | 7649 -2.9% | 7880 4.9% | 7510 36.6% | 5497 44.4% | 3807 33.5% | 2853 15.5% | 2469 46.9% | 1681 -29.4% | 2382 -9.2% | 2625 113.8% | 1227 - |
| Assets (INR Cr) | 89061 13.4% | 78520 35.3% | 58025 5.1% | 55216 6.6% | 51784 4.9% | 49346 11.4% | 44309 14.5% | 38702 22.2% | 31684 24.7% | 25400 6.0% | 23961 13.6% | 21092 21.4% | 17368 15.7% | 15008 14.7% | 13088 26.8% | 10324 - |
| Net Worth (INR Cr) | 85636 14.8% | 74600 34.8% | 55334 5.4% | 52501 6.3% | 49413 4.9% | 47092 10.7% | 42559 14.8% | 37075 21.1% | 30616 25.9% | 24318 13.1% | 21496 13.0% | 19028 21.4% | 15675 9.6% | 14309 17.5% | 12183 27.4% | 9565 10.9% |
| Employee Cost (INR Cr) | 6302 18.7% | 5309 31.0% | 4051 18.1% | 3432 0.5% | 3416 4.0% | 3285 14.7% | 2863 21.3% | 2360 18.0% | 2000 19.7% | 1671 17.4% | 1424 27.1% | 1120 27.6% | 878 20.0% | 732 30.6% | 561 16.5% | 481 - |
| Interest Cost (INR Cr) | 194 | 252 | 127 | 102 | 134 | 76 | 346 | 89 | 82 | 218 | 185 | 198 | 62 | 29 | 37 | 55 |
| Cash & Bank Balance (INR Cr) | 2827 | 2749 | 3042 | 3047 | 29 | 188 | 74 | 24 | 51 | 43 | 649 | 815 | 2463 | 2532 | 163 | 1987 |
| Total Debt (INR Cr) | 119 | 1248 | 426 | 541 | 184 | 160 | 121 | 484 | 231 | 666 | 2004 | 1569 | 1421 | 454 | 906 | 759 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 9.2% | 6.8% | 4.3% | 6.0% | 7.2% | 8.6% | 9.6% | 10.6% | 9.3% | 7.3% | 6.3% | 5.5% | 4.5% | 6.3% | 8.5% | 5.7% |
| Profit As % Of Assets | 15.1% | 10.5% | 6.7% | 8.0% | 11.0% | 15.5% | 17.8% | 19.4% | 17.4% | 15.0% | 11.9% | 11.7% | 9.7% | 15.9% | 20.1% | 11.9% |
| Profit As % Of Networth | 15.8% | 11.1% | 7.0% | 8.4% | 11.5% | 16.2% | 18.5% | 20.3% | 18.0% | 15.7% | 13.3% | 13.0% | 10.7% | 16.7% | 21.5% | 12.8% |
| Interest Cost to EBITDA % | 1.1% | 1.9% | 2.2% | 1.9% | 1.8% | 0.7% | 2.9% | 0.9% | 0.9% | 3.2% | 3.5% | 4.6% | 2.4% | 0.8% | 1.1% | 4.0% |
| Debt to Equity Ratio | 0.00 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.03 | 0.09 | 0.08 | 0.09 | 0.03 | 0.07 | 0.08 |
| RONW | 16.8% | 12.7% | 5.2% | 8.6% | 6.8% | 13.3% | 16.5% | 17.5% | 16.9% | 14.5% | 12.3% | 12.4% | 9.7% | 17.4% | 23.4% | 11.9% |
| ROCE | 21.0% | 15.7% | 5.8% | 10.1% | 8.3% | 17.8% | 23.2% | 22.9% | 22.7% | 18.5% | 15.4% | 15.0% | 12.1% | 22.5% | 31.6% | 15.6% |