Maruti Suzuki India Limited · NSE:MARUTI

Maruti Suzuki India — Q2 FY2025 Earnings Presentation

17 slides from Maruti Suzuki India's earnings presentation, Oct 29, 2024

  1. Slide 1: Cover letter to stock exchanges on investor presentation

    MARurllf $suzurr MSIL: COS : NSE&BSE: 20241 I 0-1 3 29th October,2024 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, Mum

  2. Slide 2: Q2 FY'25 and H1 FY'25 Financial Results

    Maruti Suzuki India Limited Q2 FY’25 and H1 FY’25 Financial Results 29th October 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. Q2 FY’25 vs. Q2 FY’24 ➢ Ratio Comparison 2. Q2 FY’25 vs. Q1 FY’25 ➢ Ratio Comparison 3. H1 FY’25 vs. H1 FY’24 ➢ Ratio Comparison 4. Sales Volumes Note: 1. All figures in the presentation are in INR Million, except the sales volume and the ratios 2. Due to rounding-off, ratios may be appr

  5. Slide 5: Q2 FY'25 vs. Q2 FY'24

    Q2 FY’25 vs. Q2 FY’24 4

  6. Slide 6: Highlights of Q2 FY'25 and Q2 FY'24

    Highlights of Q2 FY’25 and Q2 FY’24 *All figures except sales volume are in INR million Q2 FY’25 Q2 FY’24 Sales Volume 541,550 552,055 -1.9% Net Sales 355,891 355,351 0.2% Op. EBIT 36,657 39,901 -8.1% PBT 51,005 47,986 6.3% PAT 30,692 37,165 -17.4% 5

  7. Slide 7: Key Financial Ratios (% of Net Sales) Q2 FY'25 vs Q2 FY'24

    Key Financial Ratios (% of Net Sales) Parameter Q2 FY’25 Q2 FY’24 Change (bps) Material Cost 74.9 73.5 140 Employee Cost 4.1 3.7 40 Other Expenses 13.0 13.6 -60 Depreciation 2.1 2.2 -10 Other Operating Income 4.5 4.3 20 Op. EBIT 10.3 11.2 -90 Interest Expense 0.1 0.1 - Non-Operating Income 4.1 2.4 1

  8. Slide 8: Financial Analysis of Q2 FY'25 vs. Q2 FY'24

    Financial Analysis of Q2 FY’25 vs. Q2 FY’24 Key reasons for margin movement Positive Factors ◼ Cost reduction efforts ◼ Favourable foreign exchange variation ◼ Higher non-operating income Negative Factors ◼ Higher sales promotion expenses One-time impact on PAT: This is on account of recent changes

  9. Slide 9: Q2 FY'25 vs. Q1 FY'25

    Q2 FY’25 vs. Q1 FY’25 8

  10. Slide 10: Highlights of Q2 FY'25 and Q1 FY'25

    Highlights of Q2 FY’25 and Q1 FY’25 *All figures except sales volume are in INR million Q2 FY’25 Q1 FY’25 Sales Volume 541,550 521,868 3.8% Net Sales 355,891 338,753 5.1% Op. EBIT 36,657 37,713 -2.8% PBT 51,005 46,891 8.8% PAT 30,692 36,499 -15.9% 9

  11. Slide 11: Key Financial Ratios (% of Net Sales) Q2 FY'25 vs Q1 FY'25

    Key Financial Ratios (% of Net Sales) Parameter Q2 FY’25 Q1 FY’25 Change (bps) Material Cost 74.9 73.3 160 Employee Cost 4.1 4.6 -50 Other Expenses 13.0 13.7 -70 Depreciation 2.1 2.2 -10 Other Operating Income 4.5 4.9 -40 Op. EBIT 10.3 11.1 -80 Interest Expense 0.1 0.2 -10 Non-Operating Income 4.1 2

  12. Slide 12: Financial Analysis of Q2 FY'25 vs. Q1 FY'25

    Financial Analysis of Q2 FY’25 vs. Q1 FY’25 Key reasons for margin movement Positive Factors ◼ Cost reduction efforts ◼ Favorable foreign exchange variation ◼ Favourable operating leverage ◼ Higher non-operating income Negative Factors ◼ Higher sales promotion expenses ◼ Adverse commodity prices One

  13. Slide 13: H1 FY'25 vs. H1 FY'24

    H1 FY’25 vs. H1 FY’24 12

  14. Slide 14: Highlights of H1 FY'25 and H1 FY'24

    Highlights of H1FY’25 and H1 FY’24 *All figures except sales volume are in INR million H1 FY’25 H1 FY’24 Sales Volume 1,063,418 1,050,085 1.3% Net Sales 694,644 663,803 4.6% Op. EBIT 75,102 62,256 20.6% PBT 97,896 79,888 22.5% PAT 67,191 62,016 8.3% 13

  15. Slide 15: Key Financial Ratios (% of Net Sales) H1 FY'25 vs H1 FY'24

    Key Financial Ratios (% of Net Sales) Parameter H1 FY’25 H1 FY’24 Change (bps) Material Cost 74.1 74.7 -60 Employee Cost 4.4 4.2 20 Other Expenses 13.3 13.9 -60 Depreciation 2.1 2.3 -20 Other Operating Income 4.7 4.5 20 Op. EBIT 10.8 9.4 140 Interest Expense 0.1 0.1 - Non-Operating Income 3.4 2.8 60

  16. Slide 16: Sales Volumes

    Sales Volumes Q2 FY’25 H1 FY’25 Market % to Total % to Total Total Sales Number Growth % Number Growth % sales sales Domestic 463,834 -3.9% 86% 915,142 -0.3% 86% Exports 77,716 12.1% 14% 148,276 11.9% 14% Total Sales 541,550 -1.9% 100% 1,063,418 1.3% 100% Q2 FY’25 H1 FY’25 Segments % to Domestic % t

  17. Slide 17: Thank You

    Thank You 16

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