Maruti Suzuki India Ltd, incorporated in the year 1981, is a Large Cap company with a market cap of Rs 199705.13 Crore, operating in Auto sector.
Maruti Suzuki India’s key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Other Operating Revenue, Scrap, Service Income, Mould & Dies and Rental Income for the year ending 31-Mar-2020.
Investment Rationale
Motilal Oswal stated, While Maruti Suzuki India has seen a strong demand recovery, sharp commodity cost inflation and the recent lockdown have delayed a margin recovery. It expects 2HFY22 recovery for both market share and margin, led by favorable product lifecycle and mix, and price action/cost-cutting. The stock trades at 27.8x/21x FY22E/FY23E consolidated EPS.
Financials
For the quarter ended 31-03-2021, the company has reported a Consolidated Total Income of Rs 24124.20 Crore, down 1.39 per cent from last quarter’s Total Income of Rs 24465.10 Crore and up 26.38 per cent from last year same quarter’s Total Income of Rs 19087.90 Crore. Company has reported net profit after tax of Rs 1167.70 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 56.4 per cent stake in the company as of Dec 30, 2020, while FIIs held 23.1 per cent, DIIs 15.7 per cent and public and others 4.9 per cent.
