Maruti Suzuki India Limited · NSE:MARUTI

Maruti Suzuki India — Q4 FY2026 Earnings Presentation

17 slides from Maruti Suzuki India's earnings presentation, Apr 28, 2026

  1. Slide 1: Exchange filing cover letter for investor presentation

    MSIL: COS: NSE&BSE: 2026/04_09 28th April 2026 Vice President General Manager National Stock Exchange of India Limited Department of Corporate Services “Exchange Plaza”, Bandra – Kurla Complex BSE Limited Bandra (E) Phiroze Jeejeebhoy Towers Mumbai – 400 051 Dalal Street, Mumbai – 400 001 Sub: Inves

  2. Slide 2: Q4 FY'26 and FY'26 Standalone Financial Results

    Maruti Suzuki India Limited Q4 FY’26 and FY’26 Standalone Financial Results 28th April 2026 1

  3. Slide 3: Safe Harbour

    Safe Harbour This presentation might contain forward looking statements which involve a number of risks, uncertainties and other factors that could cause the actual results to differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these to refl

  4. Slide 4: Contents

    Contents 1. Q4 FY’26 w.r.t. Q4 FY’25 ➢ Ratio Comparison 2. Q4 FY’26 w.r.t. Q3 FY’26 ➢ Ratio Comparison 3. FY’26 w.r.t. FY’25 ➢ Ratio Comparison 4. Sales Volume Note: Suzuki Motor Gujarat Private Limited (SMG), a wholly owned subsidiary of Maruti Suzuki India Limited (MSIL), amalgamated with MSIL sta

  5. Slide 5: Q4 FY'26 w.r.t. Q4 FY'25

    Q4 FY’26 w.r.t. Q4 FY’25 4

  6. Slide 6: Highlights of Q4 FY'26 w.r.t. Q4 FY'25

    Highlights of Q4 FY’26 w.r.t. Q4 FY’25 *All figures except sales volume are in INR million Q4 FY’26 Q4 FY’25 Sales Volume 676,209 604,635 11.8% Net Sales 500,787 388,391 28.9% Op. EBITDA 61,569 48,426 27.1% Op. EBIT 44,092 33,812 30.4% PBT 48,360 48,618 -0.5% PAT 35,905 38,573 -6.9% 5

  7. Slide 7: Key Financial Ratios (% of Net Sales)

    Key Financial Ratios (% of Net Sales) Change Parameter Q4 FY’26 Q4 FY’25 (bps) Material Cost 76.7 74.3 240 Employee Cost 4.5 4.6 -10 Other Expenses 11.3 13.9 -260 Other Operating Income 4.7 5.3 -60 Op. EBITDA 12.3 12.5 -20 Depreciation 3.5 3.8 -30 Op. EBIT 8.8 8.7 10 Interest Expense 0.1 0.1 - Non-O

  8. Slide 8: Financial Analysis of Q4 FY'26 w.r.t. Q4 FY'25

    Financial Analysis of Q4 FY’26 w.r.t. Q4 FY’25 Key reasons for margin movement Negative Factors ◼ Adverse commodity prices ◼ Lower non-operating income Positive Factors ◼ Favourable operating leverage ◼ Lower sales promotion & advertisement expenses 7

  9. Slide 9: Q4 FY'26 w.r.t. Q3 FY'26

    Q4 FY’26 w.r.t. Q3 FY’26 8

  10. Slide 10: Highlights of Q4 FY'26 w.r.t. Q3 FY'26

    Highlights of Q4 FY’26 w.r.t. Q3 FY’26 *All figures except sales volume are in INR million Q4 FY’26 Q3 FY’26 Sales Volume 676,209 667,769 1.3% Net Sales 500,787 475,344 5.4% Op. EBITDA 61,569 55,717 10.5% Op. EBIT 44,092 38,374 14.9% PBT 48,360 48,300 0.1% PAT 35,905 37,940 -5.4% 9

  11. Slide 11: Key Financial Ratios (% of Net Sales)

    Key Financial Ratios (% of Net Sales) Parameter Q4 FY’26 Q3 FY’26 Change (bps) Material Cost 76.7 76.2 50 Employee Cost 4.5 5.7 -120 Other Expenses 11.3 11.4 -10 Other Operating Income 4.7 5.0 -30 Op. EBITDA 12.3 11.7 60 Depreciation 3.5 3.6 -10 Op. EBIT 8.8 8.1 70 Interest Expense 0.1 0.1 - Non-Ope

  12. Slide 12: Financial Analysis of Q4 FY'26 w.r.t. Q3 FY'26

    Financial Analysis of Q4 FY’26 w.r.t. Q3 FY’26 Key reasons for margin movement Negative Factors ◼ Adverse commodity prices ◼ New model expenses ◼ Higher manufacturing and administrative expenses ◼ Lower non-operating income Positive Factors ◼ Lower employee cost (In Q3 FY26, there was a one-time pro

  13. Slide 13: FY'26 w.r.t. FY'25

    FY’26 w.r.t. FY’25 12

  14. Slide 14: Highlights of FY'26 w.r.t. FY'25

    Highlights of FY’26 w.r.t. FY’25 *All figures except sales volume are in INR million FY’26 FY’25 Sales Volume 2,422,713 2,234,266 8.4% Net Sales 1,743,695 1,450,980 20.2% Op. EBITDA 214,502 201,492 6.5% Op. EBIT 147,097 145,422 1.2% PBT 188,629 194,127 -2.8% PAT 144,454 142,976 1.0% 13

  15. Slide 15: Key Financial Ratios (% of Net Sales)

    Key Financial Ratios (% of Net Sales) Parameter FY’26 FY’25 Change (bps) Material Cost 75.9 73.8 210 Employee Cost 5.2 4.8 40 Other Expenses 11.7 12.8 -110 Other Operating Income 5.1 5.4 -30 Op. EBITDA 12.3 13.9 -160 Depreciation 3.9 3.9 - Op. EBIT 8.4 10.0 -160 Interest Expense 0.1 0.1 - Non-Operat

  16. Slide 16: Sales Volumes: Domestic and Exports

    Sales Volumes Q4 FY’26 FY’26 Market % to Total % to Total Total Sales Number YoY Growth % Number YoY Growth % sales sales Domestic 538,994 3.7% 79.7% 1,974,939 3.9% 81.5% Exports 137,215 61.3% 20.3% 447,774 34.6% 18.5% Total Sales 676,209 11.8% 100.0% 2,422,713 8.4% 100.0% Q4 FY’26 FY’26 Segments %

  17. Slide 17: Thank You

    Thank You 16

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