• Maruti Suzuki’s net income for the 4th quarter was 38.8 billion rupees, beating estimates and reporting a 48% increase year on year.
• Their revenue was 382.3 billion rupees, marking a 19% increase year on year.
• Total costs incurred by the company were 343.6 billion rupees, noting a 16% increase from the previous year.
• The company has declared a dividend per share of 125 rupees for its stakeholders.
• In terms of analyst ratings, Maruti Suzuki has received 41 recommendations for ‘buy’, 6 for ‘hold’, and 3 for ‘sell’.
• The date and time of the next analyst call wasn’t provided in the original information.
Maruti Suzuki India on Smartkarma
Analysts on Smartkarma are showing a bullish sentiment towards Maruti Suzuki India, as indicated by Tina Banerjee‘s recent report titled “Maruti Suzuki India (MSIL IN): Market Leadership Position in UV Segment Bodes Well.” The report highlights Maruti’s strong performance in the UV segment, with a 15% YoY revenue growth in Q3FY24 driven by UV vehicles. Domestic UV volume surged by 60% YoY to 154K, positioning Maruti as a leader in this segment.
Furthermore, the report mentions Maruti’s ambitious expansion plans, including a 2x increase in annual production capacity to 4Mn by 2030-31. This strategic move is seen as beneficial for the company’s long-term growth prospects, giving it a competitive edge over its peers. With an EBITDA margin expansion of 210bps YoY to 12.3% and favorable market conditions, analysts foresee a positive outlook for Maruti Suzuki India in the coming years.
A look at Maruti Suzuki India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Maruti Suzuki India Limited, a prominent automobile manufacturer in India, holds a positive long-term outlook based on its Smartkarma Smart Scores. With a solid score of 4 in Dividend, Growth, and Resilience, the company demonstrates a strong financial performance and stability over time. Additionally, Maruti Suzuki India scores a perfect 5 in Momentum, indicating strong market traction and potential for future growth. Although its Value score is at 2, the overall outlook remains optimistic for the company.
Maruti Suzuki India Limited, known for its collaboration with Suzuki of Japan to produce affordable cars for the average Indian, is well-positioned in the market with favorable scores across various factors. The company’s emphasis on dividends, growth opportunities, resilience, and market momentum bodes well for its future prospects in the competitive automobile industry. Investors may find Maruti Suzuki India an attractive option for long-term investments given its strong performance indicators and strategic partnerships.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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