Maruti Suzuki India Limited · NSE:MARUTI

Maruti Suzuki India — Q1 FY2025 Earnings Presentation

14 slides from Maruti Suzuki India's earnings presentation, Jul 31, 2024

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

    MARUTI �� $SUZUKI MSIL: COS: NSE&BSE: 2024/07 16 31st July, 2024 Vice President General Manager National Stock Exchange of India Limited Department of Corporate Services "Exchange Plaza", Bandra - Kurla BSE Limited Complex Bandra (E), Phiroze Jeejeebhoy Towers Mumbai - 400 051 Dalal Street, Mumbai -

  2. Slide 2: Maruti Suzuki India Limited Q1 FY'25 Financial Results

    Maruti Suzuki India Limited Q1 FY’25 Financial Results 31st July 2024 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. Q1 FY’25 vs. Q1 FY’24 ➢ Ratio Comparison 2. Q1 FY’25 vs. Q4 FY’24 ➢ Ratio Comparison 3. Sales Volumes Note: 1. All figures in the presentation are in INR mn except sales volume and ratios 2. Due to rounding-off, ratios may be approximate 3

  5. Slide 5: Q1 FY'25 vs Q1 FY'24

    Q1 FY’25 vs. Q1 FY’24 4

  6. Slide 6: Highlights of Q1 FY'25 w.r.t. Q1 FY'24

    Highlights of Q1 FY’25 W.R.T. Q1 FY’24 *All figures except sales volume are in INR million Q1 FY’25 Q1 FY’24 Sales Volume 521,868 498,030 4.8% Net Sales 338,753 308,452 9.8% Op. EBIT 37,713 22,355 68.7% PBT 46,891 31,902 47.0% PAT 36,499 24,851 46.9% 5

  7. Slide 7: Key Financial Ratios (% of Net Sales) Q1 FY'25 vs Q1 FY'24

    Key Financial Ratios (% of Net Sales) Parameter Q1 FY’25 Q1 FY’24 Change (bps) Material Cost 73.3 76.1 -280 Employee Cost 4.6 4.7 -10 Other Expenses 13.7 14.3 -60 Depreciation 2.2 2.4 -20 Other Operating Income 4.9 4.8 10 Op. EBIT 11.1 7.2 390 Interest Expense 0.2 0.1 10 Non-Operating Income 2.9 3.2

  8. Slide 8: Financial Analysis of Q1 FY'25 vs Q1 FY'24

    Financial Analysis of Q1 FY’25 vs. Q1 FY’24 Key reasons for margin movement Positive Factors ◼ Softening of commodity prices. ◼ Cost reduction efforts. ◼ Favourable operating leverage. ◼ Favourable foreign exchange movement. Negative Factors ◼ Higher sales promotion expenses. 7

  9. Slide 9: Q1 FY'25 vs Q4 FY'24

    Q1 FY’25 vs. Q4 FY’24 8

  10. Slide 10: Highlights of Q1 FY'25 w.r.t. Q4 FY'24

    Highlights of Q1 FY’25 W.R.T. Q4 FY’24 *All figures except sales volume are in INR million Q1 FY’25 Q4 FY’24 Sales Volume 521,868 584,031 -10.6% Net Sales 338,753 366,975 -7.7% Op. EBIT 37,713 39,560 -4.7% PBT 46,891 49,978 -6.2% PAT 36,499 38,778 -5.9% 9

  11. Slide 11: Key Financial Ratios (% of Net Sales) Q1 FY'25 vs Q4 FY'24

    Key Financial Ratios (% of Net Sales) Parameter Q1 FY’25 Q4 FY’24 Change (bps) Material Cost 73.3 74.2 -90 Employee Cost 4.6 3.7 90 Other Expenses 13.7 13.5 20 Depreciation 2.2 2.0 20 Other Operating Income 4.9 4.2 70 Op. EBIT 11.1 10.8 30 Interest Expense 0.2 0.2 - Non-Operating Income 2.9 3.0 -10

  12. Slide 12: Financial Analysis of Q1 FY'25 vs Q4 FY'24

    Financial Analysis of Q1 FY’25 vs. Q4 FY’24 Key reasons for margin movement Positive Factors ◼ Lower manufacturing and administrative expenses. ◼ Favourable foreign exchange movement and lower commodity prices. ◼ Higher operating income. Negative Factors ◼ Higher sales promotion and advertisement ex

  13. Slide 13: Sales Volumes

    Sales Volumes Q1 FY’25 Market Total Sales Number Growth % % to Total sales Domestic 451,308 3.8% 86.5% Exports 70,560 11.6% 13.5% Total Sales 521,868 4.8% 100% Q1 FY’25 Segments Number Growth % % to Domestic sales Mini 30,816 -23.7% 6.8% Compact 189,208 -10.3% 41.9% Domestic Sales Mini + Compact 220

  14. Slide 14: Thank You

    Thank You 13

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