Maruti Suzuki India Limited belongs to Nifty 50 group of companies and is India’s largest private conveyance vehicle manufacturer. For this reason fluctuations in Maruti, share price affects the benchmark index.
Maruti Share Price Graph
Maruti Suzuki India Limited was established in the time during which India was still following the doctrine of the mixed economy, the idea of the market-oriented free economy was still far away. In 1981, by the initiative of Government of India Maruti Udyog Limited was incorporated with a view to manufacturing a modern and cheap car for the domestic market. Next year a JV (joint venture) with Suzuki Motor Corporation of Japan was signed with the Indian government for car manufacture and the company was named Maruti Suzuki India Limited (MSIL). Within a record time, 13 months to be exact, the first car rolled out. The car was a 796 cc hatchback named Maruti 800. This car revolutionised the Indian automobile industry. Also, the work culture brought change in Indian corporate culture. Many companies, big and small, tried to follow the way in which a car can be efficiently manufactured from scratch within 13 months.
Today Maruti Suzuki India Limited (MSIL) has a market share of over 50% of the Indian domestic car market. In addition, it has also acquired a big share in commercial passenger carrier commercial cars after it started fitting new models with diesel engines. Till date, MSIL has sold over 7.5 million cars and exported over 500,000 vehicles to countries of Europe, America and other continents. It has two big manufacturing plants, one at Gurgaon and the other at Manesar. All of its cars are manufactured at these two plants and sold world over.
Maruti Suzuki India Limited has received numerous national and international awards of excellence for its performance.
Maruti share price is Rs 7196 (as on 27.06.17, 10.17 hrs.) in BSE. As per the latest data, the standalone basis P/E is 29.79 versus average industry PE of 26.93, EPS is Rs 242.91. Market cap is Rs 2,18,621 crores. The face value of a share is Rs 5.
The share price of Maruti Limited was Rs 7283.65 at the end of 09 November 2018 in the National Stock Exchange. The current market cap is Rs 215547.72 crores. The earning per share or EPS is Rs 261.41 as per the average share price of the trailing 12 months data. The price over earning ratio or P/E stands at 27.86. The Book Value per share is Rs 1409.41. The price over book value ratio or P/BV 5.16. The Dividend yield is 1.1%. The 52 weeks high price is Rs 9996.40 and 52 weeks low is Rs 6500.00.
The quarter ending June 2018 reported a sales figure of Rs 21551.90 crores. Other operating income stands at Rs 881.30 crores. The operating profit stands at Rs 3431.30 crores. Other income stands at Rs 526.60 crores. The EBITDA is Rs 3597.90 crores. The net profit stands at Rs 2240.40 crores. The earning per share or EPS of this quarter stands at Rs 74.17.
Maruti Suzuki India Ltd., popularly known as Maruti, is a Large Cap company (having a market cap of Rs 215547.72 crores) operating in the Indian Automobile sector in the passenger car sub-sector. Maruti Suzuki India Ltd. is a leading company in the Indian automobile space and one of the very few that have put strong steps in the international automobile manufacturing arena. With its futuristic views, Maruti Suzuki India Ltd. has set up new projects to come up with futuristic electric cars.
Maruti Suzuki India Ltd. earns its principal revenue from the sale of Light passenger cars and light-duty utility vehicles. The audited financial report ending on 31 March 2018, the company reported that it earned its revenue from the sale of utility and passenger vehicles which contributed Rs 73131.40 crores to total sales value equivalent to 89.19% of total sales value, sales of spare parts and components contributed Rs 7180.30 crores that are equivalent to 8.75% of total sales value, earnings from other operating revenue contributed Rs 625.60 crores amounting to 0.76% of total sales value, sales from services contributed Rs 491.00 crores (0.59% of sales value), revenue from scrap sales contributed Rs 498.60 crores (0.60% of total sales), earnings from rents contributed Rs 42.70 crores or 0.05% of sales value and earnings from Moulds and Dies contributed 24.80 crores equivalent to 0.03% of total sales value.
For the quarter ended 30 September 2018, the company reported a standalone sales of Rs 21551.90 crores, down by -1.19% from last quarter sales of Rs 21810.70 crores and has increased by 0.53% from last year same quarter sales of Rs 21438.10 crores. The company reported a net profit after tax of Rs 2240.40 crores in this quarter.
The top management of Maruti Suzuki India Ltd. includes Mr K Ayabe, Mr D S Brar, Mr K Ayukawa, Mr K Yamaguchi, Mr K Saito, Mr O Suzuki, Mr R P Singh, Mr R C Bhargava, Mr T Suzuki, Mr T Hasuike, Ms R S Karnad, Ms P Shroff.
The company has appointed M/S Deloitte Haskins & Sells LLP as its auditors.
As on 30 September 2018, the company has a total of 302,080,060 nos of shares outstanding.
The shareholding pattern of the company currently has different shareholders in the manner as stated below.
- The foreign institutions or FIIs hold 68,805,454 nos of shares amounting to 22.78% of total shares.
- The foreign promoters hold 169,788,440 nos of shares or 56.21% of total shares.
- Financial institutions hold 22,123,315 nos of shares that are equivalent to 7.32% of total shares.
- The non-banking financial institutions or NBFCs and mutual funds together hold 18,275,838 nos of shares or 6.05% of total shares.
- General public holds 11,689,984 nos of shares which is equivalent to 3.87% of total shares.
- Others hold 11,397,029 nos or shares or 3.77% of total shares.
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