Maruti share price today

Maruti Suzuki India Ltd's share price was ₹11,397.00 at the close on 30 October 2026. It has been falling for 9 weeks. That is 13.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹11,230 and ₹16,960, and at that close it sat 3% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Maruti Suzuki India Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 11 weeks running.

Over the last 11 years the share price moved +213% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), foreign funds (FIIs) cut their stake for 4 quarters in a row and indian funds and insurers (DIIs) raised their stake for 4 quarters in a row.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹53,356 crore, +26% on a year earlier.

   Why: Revenue rose because car demand in India rebounded after GST made vehicles more affordable.

   Next results: check whether the large order book turns into actual deliveries.

   From the earnings call on 27 Oct 2026.

2. Foreign funds (FIIs) cut their stake for 4 quarters in a row

   From 15.8% to 12.4% of the company by the September 2026 quarter.

3. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row

   From 22.6% to 25.3% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), Maruti reported revenue of ₹53,356 crore, up 26.0% from ₹42,344 crore a year earlier, and a profit of ₹2,466 crore, down 26.4% from ₹3,349 crore.

Maruti results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Maruti's management discussed these results on a call held on 27 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Maruti closed at ₹11,397.00 on 30 October 2026, down 29.6% from ₹16,186.00 a year earlier (31 October 2025) and up 52.3% over five years. Its highest weekly close since March 2016 was ₹16,960.00 on 2 January 2026.

Maruti share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

559 weekly closes from 11 March 2016 to 30 October 2026.

30 Oct 2026: Maruti closed at ₹11,397.00, up 1.5% on the week and up 0.1% on the month. 27 Oct 2026: Maruti held its results call for July to September 2026. Management guided: H2 total volume growth 7% to 10% as domestic strength offset by flat exports.

Earlier

• Results for July to September 2026: Revenue up 26.0% and profit down 26.4% on a year earlier.
• 7 Aug 2026: ex-date for a dividend of ₹140 a share.

Maruti paid ₹140 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.23% at the ₹11,397.00 close on 30 October 2026. The last was a dividend of ₹140 a share, ex-date 7 August 2026.

Maruti dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Maruti Suzuki India Ltd paid out 30% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 27 October 2026, Maruti's management guided: H2 total volume growth 7% to 10% as domestic strength offset by flat exports.

“So, instead of taking a short-term, knee-jerk reaction, we could possibly wait for a quarter and see where commodities stabilize”Rahul Bharti, on the call for July to September 2026

What management guided

• Calibrated pricing actions through H2 to lift realization alongside continued cost controls.
• Full-year export volumes at least equal last year despite logistics and Mexico duty pressure.
• E Vitara volumes to resume and increase within couple months after Europe changeover effects clear.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 27 October 2026.

When Maruti reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: H2 domestic dispatches against flagged floor - check if run-rate and backlog convert to guided growth as momentum lasts.

Maruti is on 2 of our India lists: Nifty 50 companies and 52 week high & low.

Maruti Suzuki India Ltd earned ₹2,466 Cr of net profit in the Sep 2026 quarter, −26.4% on the same quarter a year earlier. Full-year FY26 profit was ₹14,680 Cr. Over 10 years profit has grown 10.3% a year on average. That is 4.6% of the quarter's revenue. The same quarter a year earlier earned ₹3,349 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹14,680 Cr (+1.2% on the year before).

Why profit moved: revenue changed +26.0% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −9.4% and revenue +29.7%. Profit is growing slower than sales: rising costs are taking part of the growth.

Maruti Suzuki India Ltd reported ₹53,356 Cr of revenue in the Sep 2026 quarter, +26.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 12.3% a year on average. The last full year, FY26, came in at ₹1,83,316 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,08,192 Cr.

FY26 revenue was ₹1,83,316 Cr, +19.9% on the year before.

Recent pace: the last four quarters grew +29.7% on average, against 12.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +29.6%, against +19.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −9.0%, against −2.1% a year (rolling over).

Maruti Suzuki India Ltd's operating margin was 9.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 7.0% and 16.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.1 percentage points on the year while gross margin changed −4.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 122% of Maruti Suzuki India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹19,100 Cr of operating cash against ₹14,680 Cr of profit. After ₹10,191 Cr of spending on assets, ₹8,909 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 122% of profit came in as cash: the cash cycle got 25 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building.

Maruti Suzuki India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −19 days in FY26, up from −44 days in FY21. It spent ₹29,883 Cr on assets over the last 3 years. Customers take 11 days to pay, and stock sits for 31 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,83,316 Cr, each day of that cycle ties up about ₹502 Cr, so roughly −₹9,542 Cr is tied up in the business at any time.

FY26: customers took 11 days to pay and stock sat for 31 days, about 1.0 months of sales sitting as stock, for a full cycle of −19 days, longer than FY21's −44.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 31 days. Customers pay about 11 days after that. Suppliers are paid at 61 days. Together that makes the −19-day cycle.

Spending on assets: ₹29,883 Cr over the last 3 years, against ₹17,606 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹9,838 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Maruti Suzuki India Ltd's P/E is 26.6×, near the low end of its own history: it has been lower only 11% of the time. Its usual P/E (the middle reading) is 34.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.