Maruti Suzuki India Limited · NSE:MARUTI

Maruti Suzuki India — Investor Presentation (March 2026)

41 slides from Maruti Suzuki India's investor presentation, Mar 17, 2026

  1. Slide 1: Exchange filing cover letter: Investor Presentation

    MARuflvSSuzurl MSIL: COS: NSE&BSE:2026/03 04 lTth March2026 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

  2. Slide 2: Update on India Business

    Update on India Business March 17, 2026 Hisashi Takeuchi, Managing Director & CEO Maruti Suzuki India Limited © Suzuki Motor Corporation, 2026. All rights reserved. 1 / 40

  3. Slide 3: Self-introduction: Hisashi Takeuchi

    Self-introduction Hisashi Takeuchi Managing Director & CEO Maruti Suzuki India Limited Profile ・Joined Suzuki Motor Corporation April 1986 ・Managing Director, Magyar Suzuki March 2009 ・Joint Managing Director, Maruti Suzuki India Limited April 2021 ・Managing Director & CEO April 2022 © Suzuki Motor

  4. Slide 4: Description

    Description 1. Overview of India Business ................................................................................. 4 2. India Strategy under the Medium-Term Management Plan ........................ 14 3. Review of the most recent financial results ...........................................

  5. Slide 5: Overview of India Business

    Description 1. Overview of India Business ................................................................................. 4 2. India Strategy under the Medium-Term Management Plan ........................ 14 3. Review of the most recent financial results ...........................................

  6. Slide 6: India Business Overview | History

    India Business Overview | History 1982 Joint venture Agreement 1983 SOP (Start of Production) at Gurgaon Plant 2006 SOP at Manesar Plant December 1983 Production of Maruti 800 at Gurgaon 2017 SOP at Gujarat Hansalpur Plant 2022 40 years anniversary of our India Operation 2025 SOP at Kharkhoda Plant

  7. Slide 7: India Business Overview | Main Sites

    India Business Overview | Main Sites MSIL Headquarters Kharkhoda Plant (2025~) Company Activity Major Offices Location Maruti Suzuki India Limited Automobile Manufacturer Head Office Delhi Gujarat Hansalpur Plant (2017~) Gurgaon, Manesar and Gurgaon Plant (1983~) Haryana Kharkhoda Plant Hansalpur Pl

  8. Slide 8: India Business Overview | Production Results

    India Business Overview | Production Results FY 24-25: Achieved record high of 2.1 million units (6% Year-on-year growth) Cumulative total: 30 million units (March 2024) Annual Cumulative total: 20 million units ~4 million units Kharkhoda (July 2018) 200 Gujarat Hansalpur Plant Cumulative total: 10

  9. Slide 9: Transition of Passenger Car Market

    Overview of Business in India | Transition of Passenger Car Market Overall market Maruti Suzuki Share *Figures in () are year-on-year changes FY 24-25 4.34 million units (104%) 1.76 million units (100%) 40.6% 5 million ~6 million April-December 2025 3.38 million units (107%) 1.32 million units (104%

  10. Slide 10: India Business Overview | Household Income Trends

    India Business Overview | Household Income Trends Forecast of Household Income Trends The largest demand expansion is expected in the middle-income segment (INR 500–3,000 thousand). INR ~125 thousand INR 125~500 thousand INR 500~3,000 thousand INR 3,000 thousand~ 2015-16 46 156 71 7 280 2020-21 45 1

  11. Slide 11: India Business Overview | Demographic dividend

    India Business Overview | Demographic dividend India just entered the phase of demographic dividend: Young Population ~700 Million+ Phase of consumption and economic growth led by young employable population End of 1964 Japan 40 yrs 2004 demographic 18 yrs dividend 1984 Italy 2002 Start of demograph

  12. Slide 12: India Business Overview | Rising Buying Power

    India Business Overview | Rising Buying Power China India US$18,000 US$13,313 US$12,961 China PV Industry 6Mn @2700 GDP per capita US$10,696 US$8,930 28 US$7,775 26 25 Inflection Point Inflection Point ? US$5,652 20 20 US$2,695 US$4,500 2X US$3,504 14 US$1,916 US$3,500 US$1,590 US$1,779 US$1,351 7 4

  13. Slide 13: India Business Overview | Vehicle Ownership and Penetration

    India Business Overview | Vehicle Ownership and Penetration Number of vehicles Passenger Car Ownership Rates in Major Automotive Markets Number of vehicles owned per 1,000 owned (million units) people (unit) 400 755 800 350 700 632 318 627 612 300 600 259 250 500 200 (Left axis) Number of vehicles o

  14. Slide 14: India Business Overview | Maruti Suzuki Lineup (1/2)

    India Business Overview | Maruti Suzuki Lineup (1/2) SUV NEW Petrol Petrol BREZZA Petrol VICTORIS Strong HEV GRAND VITARA Strong HEV Jimny 5-Door FRONX Mild HEV Mild HEV CNG (1500cc)CNG (1500cc)Mild HEV (1500cc) Mild HEV (1500cc) CNG CNG (1000cc, 1200cc) SUV MUV NEW e VITARA BEV XL6 Mild HEV ERTIGA

  15. Slide 15: India Business Overview | Maruti Suzuki Lineup (2/2)

    India Business Overview | Maruti Suzuki Lineup (2/2) Mini Commercial VAN S-PRESSO Petrol ALTO K10 Petrol Super Carry Petrol EECO Petrol (1000cc) CNG (1000cc) CNG (1200cc) CNG (1200cc) CNG Compact Petrol CNG WAGON R CELERIO Petrol (1000cc, 1200cc) IGNIS Petrol SWIFT Petrol (1000cc)CNG (1200cc) (1200c

  16. Slide 16: India Business Overview | Maruti Suzuki Lineup (3/3)

    India Business Overview | Maruti Suzuki Lineup (3/3) (thousands of INR) 2,900 Price Ladder of Maruti Suzuki Products 2,700 As of February 2026 2,500 2,300 2,100 1,900 1,700 1,500 1,300 1,100 900 700 500 300 S-Presso Alto Celerio Wagon R Super Eeco Swift Dzire Brezza Ertiga Victoris Ignis Baleno Fron

  17. Slide 17: India Strategy under the Medium-Term Management Plan

    Description 1. Overview of India Business ................................................................................. 4 2. India Strategy under the Medium-Term Management Plan ........................ 14 3. Review of the most recent financial results ...........................................

  18. Slide 18: Summary of India Strategy under the Mid-Term Management Plan By Your Side

    Summary of India Strategy under the Mid-Term Management Plan “By Your Side” Develop together with the Nation ... Suzuki’s Global Manufacturing Base for Automobile/Motorcycle Make in India Market Trends Strategy Household Household Nos MOBILITY INFRASTRUCTURE TALENT/ CIRCULAR MULTI-PATHWAY EXCHANGE E

  19. Slide 19: India's future looks promising

    India’s future looks promising • Viksit Bharat vision of the Government: India to become a developed nation by 2047 • Rising income levels to support higher consumption and a significantly larger domestic market • Strong government push on manufacturing through Make in India and Atmanirbhar Bharat (

  20. Slide 20: Review of the most recent financial results

    Description 1. Overview of India Business ................................................................................. 4 2. India Strategy under the Medium-Term Management Plan ........................ 14 3. Review of the most recent financial results ...........................................

  21. Slide 21: Review of third quarter FY25-26 Financial results | GST revision

    Review of third quarter FY25-26 Financial results| GST revision 15th Aug On India’s Independence Day, Prime Minister Modi Declared revisions of GST 3rd Sep The GST Committee announced the tax rates and implementation date 22nd Sep New GST implementation Table: Summary of GST rates for four-wheel veh

  22. Slide 22: Sales performance | 9M FY25-26

    Sales performance | 9 M FY25-26 MSIL Domestic ● Sales performance post-GST reforms Wholesales ・CY2025 Indian automotive market (Passenger & Commercial) size reached 5.14 million units which was a record high and the third-largest market in the world next to China and U.S.A. +49(+3.8%) (Thousand unit

  23. Slide 23: Review of Maruti Suzuki 9 months FY25-26 Financial performance

    Review of Maruti Suzuki 9 months FY25-26 Financial performance Operating Profit 1451.1 Net Sales 1349.2 1243.0 (INR. billion) 1125.1 1,062.7 900.0 830.4 837.9 781.2 669.2 717.0 100.0 665.7 564.5 132.7 145.5 111.6 102.9 93.0 81.9 77.5 79.8 60.7 37.8 29.2 23.2 0.0 0.0 FY15-16 FY16-17 FY17-18 FY18-19 F

  24. Slide 24: Initiatives in India

    Description 1. Overview of India Business ................................................................................. 4 2. India Strategy under the Medium-Term Management Plan ........................ 14 3. Review of the most recent financial results ...........................................

  25. Slide 25: Initiative | Strengthen Production Base

    Initiative| Strengthen Production Base • Target around 4 million units annual production capacity to meet demand in India and expand as global exports hub • Monitor market conditions and gradually build 4 million units per year capacity at appropriate time Production Capacity Production capacity in

  26. Slide 26: Initiatives | Strengthen Sales Network

    Initiatives| Strengthen Sales Network ARENA - MAIN OUTLET Sales Outlets 4,487 3,863 4,235 3,357 3,640 3,086 3,120 3,383 ARENA 2,987 3,232 2,588 2,801 2,390 2,413 NEXA 375 380 410 460 495 630 734 Commercial 321 327 359 379 381 373 370 Mobile Workshop '20 Mar. '21 Mar. '22 Mar. '23 Mar. '24 Mar. '25 M

  27. Slide 27: Initiatives | Every Nook and Corner of the Market

    Initiatives | Every Nook and Corner of the Market Arena Outlets ・Deploy sales channels tailored to regional characteristics and 3,500 expand the network into every nook and corner of the market. 3,000 ・For the NEXA channel as well, launch compact “NEXA-Studio” 2,500 outlets to approach customers in

  28. Slide 28: Initiatives | Capturing First-time Buyers

    Initiatives | Capturing First-time Buyers Due to the GST revision in September 2025, vehicle prices decreased, and the proportion of first-time buyers increased.(April–August 2025: 41% → September–December 2025: 48%) Maruti Suzuki strengthened its sales initiatives for customers stepping up from two

  29. Slide 29: Initiatives | Expansion of SUV Lineup

    Initiatives | Expansion of SUV Lineup The share of SUVs within the Indian passenger vehicle market has been growing rapidly. Maruti Suzuki is expanding its product offerings in the SUV segment to secure market share. (Unit: vehicles) India Passenger Car Market: SUV Composition Ratio The “Victoris,”

  30. Slide 30: Initiatives | Battery Electric Vehicles

    Initiatives | Battery Electric Vehicles Product • Pure electric platform: Flat Floor, Robust Platform suited for larger batteries • Battery Tech: Safe, durable & high performance battery(49kWh/61kWh) • Long range: Up to 543 km, through superior aerodynamics & thermal mgmt. Charging Insrastrcture • N

  31. Slide 31: Initiatives | Building a Circular Economy

    Initiatives | Building a Circular Economy Maruti Suzuki Toyotsu India Private Limited(MSTI) (A joint venture with Toyota Tsusho Group) Procures end-of-life vehicles, performs dismantling and proper handling (including removal of waste fluids), and sells scrap materials. © Suzuki Motor Corporation, 2

  32. Slide 32: Reference Material | Electricity Generation Status in India

    Reference Material|Electricity Generation Status in India Power Generation (1 billion kWh) More than 70% of India's electricity 2,000 generated from Thermal power 1,800 1,600 1,400 1,200 ✓ BEV emits zero CO2 during operation, but 1,000 generates CO2 when electricity is generated. 800 ✓ Large amounts

  33. Slide 33: Initiatives | Multi-Pathway

    Initiatives | Multi-Pathway Automobile business: Multipath =>Aiming to achieve carbon neutrality in an optimal way suited to each region and market BEV Biofuel Other HEV CNG (Gases, Ethanol l) (Green hydrogen, etc.) electrification Achievement of Carbon Neutrality © Suzuki Motor Corporation, 2026. A

  34. Slide 34: Reference Material | NITI Aayog Study

    Reference Material | NITI Aayog Study NITI Aayog published Viksit Bharat and Scenario Study for Net Zero on February 11, 2026. 1. Basic Policy • Use of Life Cycle Assessment (LCA) to Assess CO2 Emissions • Definition of ZEV: BEV/hydrogen-fueled vehicle/FFV/CBG vehicle 2. Multipathway three-step appr

  35. Slide 35: Initiatives | Development of CNG vehicles

    Initiatives | Development of CNG (compressed natural gas) vehicles CNG tank under the new Victoris Mounted on the body for comfortable cargo space ◼ Extensive lineup of low-cost CNG vehicles with low CO2 emissions ◼ CNG specifications were established for 15 models out of a total of 19 models includ

  36. Slide 36: Initiatives | CBG (Biogas Business)

    Initiatives | CBG (Biogas Business) Suzuki’s strengths: Solving social issues and contributing to India’s growth Suzuki’s efforts Contribution to national priorities • Biogas produced and supplied to CNG vehicles (CBG vehicles) • Enhancing energy self-sufficiency and environmental protection by prom

  37. Slide 37: Initiatives | CBG (Biogas Business)

    Initiatives | CBG (Biogas Business) December Biogas plant in India 2025 Opening Ceremony of BANAS SUZUKI BIOGAS PLANT January Opening Ceremony for Second Biogas Plant in India 2026 © Suzuki Motor Corporation, 2026. All rights reserved. 36 / 40

  38. Slide 38: Initiatives | Collaboration with Startups

    Initiatives | Collaboration with Startups © Suzuki Motor Corporation, 2026. All rights reserved. 37 / 40

  39. Slide 39: Initiatives | Collaboration with Startups

    Initiatives | Collaboration with Startups Since Mobility Challenge June 2021 Large ●Collaborate with large, mature startups ready to launch ●Adopted case: 1 Since Accelerator (Former MAIL: Mobility & Automobile Innovation Lab) Jan 2019 ●Targeted at early production-ready startups ●Adopted case: 26 S

  40. Slide 40: Initiatives | Promotion of Make in India

    Initiatives | Promotion of Make in India ➢ In fiscal 2024, we exported a record 333,000 units. Expansion centered on markets in Africa and the Middle East. ➢ In fiscal 2025, shipments to Japan soared to 44,000 units, up 480% from the previous year. ➢ BEV and others will be exported to Europe and the

  41. Slide 41: © Suzuki Motor Corporation, 2026. All rights reserved.

    © Suzuki Motor Corporation, 2026. All rights reserved. 40 / 40

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