Maruti Suzuki Share Price Target 2023, 2024, 2025, 2026, 2030

Maruti Suzuki Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030
Maruti Suzuki is an Indian automobile manufacturer headquartered in New Delhi, India. It is a subsidiary of the Japanese automobile manufacturer Suzuki Motor Corporation. Maruti Suzuki is the largest car manufacturer in India and has a market share of over 50%.
Maruti Suzuki produces a range of cars in India, including popular models like the Alto, WagonR, Swift, Baleno, Dzire, Ertiga, and Vitara Brezza. The company also exports cars to several countries.
Maruti Suzuki has a wide network of dealerships and service centers across India, making it convenient for customers to buy and maintain their cars. The company is known for its affordable and reliable cars, which have made it a household name in India.

Business Model of Maruti Suzuki India Limited

Maruti Suzuki’s business model revolves around producing and selling affordable and reliable cars in India and other markets. Here are some key elements of its business model:

Cost-efficient production: Maruti Suzuki has a cost-efficient production system, which helps it keep the prices of its cars competitive. The company uses modern production techniques and automation to reduce wastage and increase efficiency.
Strong distribution network: Maruti Suzuki has a wide network of dealerships and service centers across India, which helps it reach customers in even the most remote areas. The company has over 3,000 sales outlets and 3,200 service centers across the country, making it easy for customers to buy and maintain their cars.
Focus on customer needs: Maruti Suzuki has always been focused on understanding the needs of its customers and delivering products that meet those needs. The company conducts extensive research to understand customer preferences and incorporates their feedback into the design and development of its cars.
Collaboration with suppliers: Maruti Suzuki works closely with its suppliers to ensure a steady supply of quality components and materials. The company has developed long-term partnerships with its suppliers, which helps it maintain quality and reduce costs.
Continuous innovation: Maruti Suzuki has a strong focus on continuous innovation and improvement. The company invests heavily in research and development to develop new technologies and products that meet changing customer needs and regulatory requirements.

Export business: Maruti Suzuki also exports its cars to several countries, which helps it diversify its revenue streams and reduce dependence on the domestic market. The company exports to countries like Nepal, Bhutan, Sri Lanka, and South Africa.

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Shareholding of Maruti Suzuki India Limited

The shareholding pattern of Maruti Suzuki India Limited is as follows:

Suzuki Motor Corporation – 56.21%.
Public Shareholders – 43.79%

Out of the public shareholders, the top 10 shareholders and their shareholding are:

Life Insurance Corporation of India – 6.89%.
Government of Singapore – 2.96%.
HDFC Trustee Company Limited – 2.44%.
SBI Mutual Fund – 1.60%.
Aditya Birla Sun Life AMC Limited – 1.38%.
UTI Asset Management Company Limited – 1.21%.
ICICI Prudential Life Insurance Company Limited – 1.10%.
Axis Mutual Fund Trustee Limited – 0.89%.
Kotak Mahindra Life Insurance Company Limited – 0.79%.
Franklin Templeton Asset Management (India) Private Limited – 0.78%

Joint Ventures & Subsidiaries of Maruti Suzuki

Maruti Suzuki has several joint ventures and subsidiaries –

Suzuki Motor Gujarat Private Limited (SMG): SMG is a subsidiary of Suzuki Motor Corporation and was established in 2014. It operates a manufacturing facility in Gujarat, which produces cars and components for Maruti Suzuki.
Maruti Suzuki Toyotsu India Private Limited (MSTI): MSTI is a joint venture between Maruti Suzuki and Toyota Tsusho Corporation of Japan. It was established in 2019 and is engaged in the business of dismantling end-of-life vehicles and recycling automotive parts and materials.
Suzuki Powertrain India Limited (SPIL): SPIL is a joint venture between Suzuki Motor Corporation and Maruti Suzuki, established in 2007. It produces engines and transmissions for Maruti Suzuki cars.
Maruti Suzuki N2N Fleet Management: This is a subsidiary of Maruti Suzuki, which provides fleet management solutions to corporate customers. It offers services like vehicle acquisition, maintenance, insurance, and driver management.
Maruti Insurance: Maruti Insurance is a subsidiary of Maruti Suzuki, which offers insurance services for Maruti Suzuki cars. It provides comprehensive insurance policies, third-party liability insurance, and personal accident cover, among other services.
True Value: True Value is a subsidiary of Maruti Suzuki, which deals with the sale and purchase of used cars. It offers customers a wide range of pre-owned cars, and also provides them with financing, insurance, and after-sales support.

Maruti Suzuki Share

Maruti Suzuki Limited was a publicly traded company listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).
As of April 21, 2023, Maruti Suzuki’s share price on the NSE was INR 8,566/- Maruti Suzuki Share 52 week high at Rs. 9,769/- & 52 week low Rs.7,062/-. The P/E Ratio of Maruti Suzuki Share is 34.89 & Dividend Yield is 0.70%.

Company Name	Maruti Suzuki India Limited
Share Name	MARUTI
Sector	Automobiles
Founded in	1981
Headquarters	New Delhi
CEO	Mr. Hishahi Takeuchi
Revenue	₹ 13.61 crore  (2022)
Market Capitalization	₹ 2,61,903 Cr
Primary Exchange	NSE, BSE,
Official Website	Click Here

Maruti Suzuki Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050

Year	First Target	Second Target
2023	9200	9600
2024	9800	10600
2025	10700	11450
2026	11700	11950
2027	12250	12850
2028	13000	13400
2029	13550	13900
2030	14100	14500
2040	29500	31200
2050	44500	46000

Note:- “That these share price targets for “Maruti Suzuki Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”

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Annual Result Summary of Maruti Suzuki India Limited

Maruti Suzuki’s financial performance for the fiscal year 2021-22-

Net Sales: The net sales of Maruti Suzuki for the fiscal year 2021-22 stood at INR 837,981 million, which was a increase of 25.2% compared to the previous year.
Profit After Tax (PAT): The Profit After Tax (PAT) for the year 2021-22 was INR 37,663 million.
Earnings Per Share (EPS): The Earnings Per Share (EPS) for the year 2021-22 was INR 123.1, which was a decrease compared to the previous year.
Market Share: Despite the challenging year, Maruti Suzuki maintained its position as the market leader in the Indian automobile industry, with a market share of over 50%.

Maruti Suzuki Share Price Target 2023

The company’s first car, the Maruti 800, was launched in 1983, and it quickly became popular due to its affordability and fuel efficiency. Over the years, Maruti Suzuki has introduced many other successful models, making it the most dominant player in the Indian automobile market.
Maruti Suzuki share price target 2023 are as follows –

Target Year	1st Target	2nd Target
2023	₹9200	₹9600

Maruti Suzuki Share Price Target 2024

Maruti Suzuki has manufacturing facilities in Gurgaon and Manesar in Haryana, and in Gujarat. The company has a production capacity of over 1.5 million cars per year, making it one of the largest car manufacturers in India. Maruti Suzuki also exports cars to countries like Nepal, Sri Lanka, and South Africa.
Maruti Suzuki share price target 2024 are as follows –

Target Year	1st Target	2nd Target
2024	₹9800	₹10600

Maruti Suzuki Share Price Target 2025

Maruti Suzuki’s affordable and reliable cars, combined with its extensive sales and service network, have made it a leading player in the Indian automobile market. in FY 2021-22 Total Number of Vehicle sold by Maruti Suzuki in Domestic was-1414277 & Export-238376.
Maruti Suzuki share price target 2025 are as follows –

Target Year	1st Target	2nd Target
2025	₹10700	₹11450

Maruti Suzuki Share Price Target 2026

Maruti Suzuki was the first car manufacturer in India to introduce a driver airbag as a standard feature across all variants of its models.Maruti Suzuki has won several awards and accolades, including the “Best Car Manufacturer of the Year” award at the CNBC TV18 Overdrive Awards 2021.
Maruti Suzuki share price target 2026 are as follows –

Target Year	1st Target	2nd Target
2026	₹11700	₹11950

Maruti Suzuki Share Price Target 2027

Maruti Suzuki’s business model is focused on producing affordable and reliable cars, backed by a strong distribution network, customer-centric approach, and continuous innovation.
Maruti Suzuki share price target 2027 are as follows –

Target Year	1st Target	2nd Target
2026	₹12250	₹12850

Maruti Suzuki Share Price Target 2030

Maruti Suzuki offers a wide range of cars in different segments, from small hatchbacks to compact SUVs. Some of the popular models include: Alto, Swift, Dzire, Breeza, S-Cross, Ciaz.
Apart from cars, Maruti Suzuki also offers a range of accessories, spare parts, and services through its network of dealerships and service centers.
Maruti Suzuki share price target 2030 are as follows –

Target Year	1st Target	2nd Target
2030	₹12250	₹12850

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Dividend History of Maruti Suzuki Share

Maruti Suzuki India Limited has a good track record of paying dividends to its shareholders. Here is the dividend history of Maruti Suzuki for the past few years:

2022: Final dividend of INR 60 per share
2021: Final dividend of INR 45 per share.
2020: Final dividend of INR 45 per share.
2019: Final dividend of INR 80 per share.
2018: Final dividend of INR 80 per share and Special dividend of INR 40 per share.

SWOT Analysis of Maruti Suzuki India Limited

SWOT analysis of Maruti Suzuki:

Strengths:
Strong Market Presence: Maruti Suzuki is the market leader in the Indian automobile industry, with a market share of over 50%. This strong market presence provides the company with a competitive advantage over its competitors.
Wide Product Portfolio: Maruti Suzuki has a wide range of products, from entry-level hatchbacks to premium SUVs, catering to the diverse needs of customers.
Strong Brand Image: Maruti Suzuki is a well-established brand in India, known for its quality products, excellent after-sales service, and affordability.
Cost-efficient Manufacturing: Maruti Suzuki has a strong focus on cost efficiency in its manufacturing processes, which helps the company to keep its prices competitive.

Weaknesses:
Dependence on a Single Market: Maruti Suzuki’s revenue is heavily dependent on the Indian market. The company is yet to expand its presence globally.
Limited Focus on Electric Vehicles: The company has been slow to adopt electric vehicles, and its current portfolio of electric vehicles is limited, compared to its competitors.
Dependence on Small Cars: Maruti Suzuki’s product portfolio is heavily skewed towards small cars, which limits the company’s ability to tap into higher segments of the market.
Opportunities:
Growing Demand for Electric Vehicles: With the growing demand for electric vehicles, Maruti Suzuki has an opportunity to expand its portfolio and capture a significant share of the market.
Expansion into Global Markets: Maruti Suzuki can leverage its expertise in cost-efficient manufacturing to expand into global markets and tap into new customer segments.
Partnerships and Collaborations: Maruti Suzuki can collaborate with global automakers to access new technologies, expand its product portfolio, and enter new markets.

Threats:

Intense Competition: The Indian automobile market is highly competitive, and Maruti Suzuki faces intense competition from both domestic and international players.
Government Regulations: The Indian government has introduced stringent regulations related to emissions and safety, which can increase the cost of production for the company.
Changing Consumer Preferences: Consumer preferences and buying habits are constantly evolving, and Maruti Suzuki needs to keep up with the changing trends to remain competitive.

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Future of Maruti Suzuki Share

Electric Vehicle (EV) Focus: Maruti Suzuki has recently announced plans to invest INR 18,000 crore in EVs and related infrastructure in India by 2025. This move indicates the company’s focus on the growing EV market and its commitment to becoming a key player in this segment.

Partnership with Toyota: Maruti Suzuki has entered into a partnership with Toyota to collaborate on technology sharing, development of new products, and supply of vehicles in India. This partnership is expected to help Maruti Suzuki to expand its product portfolio and improve its technology offerings.

Growth in Rural Markets: Maruti Suzuki has been focusing on expanding its presence in rural markets in India, which offer significant growth opportunities. The company has been launching new products targeted at these markets, such as the Ertiga and XL6, which have received a positive response.

Digital Transformation: Maruti Suzuki has been investing in digital transformation initiatives to enhance the customer experience and improve operational efficiency. The company has launched several digital platforms, such as Maruti Suzuki Smart Finance and Maruti Suzuki Subscribe, which enable customers to purchase cars and access financing through digital channels.

Risk of Maruti Suzuki Share

There are several risks that Maruti Suzuki may face in the near future. Here are some of the key risks:

Competition: The Indian automobile market is highly competitive, and Maruti Suzuki faces intense competition from both domestic and international players. The company will need to continuously innovate and offer attractive products to remain competitive.
Dependence on a Single Market: Maruti Suzuki’s revenue is heavily dependent on the Indian market. Any adverse economic or political developments in India could adversely affect the company’s financial performance.
Supply Chain Disruptions: Maruti Suzuki relies on a complex supply chain to manufacture its products. Any disruptions to the supply chain, such as natural disasters, transportation disruptions, or supplier bankruptcy, could impact the company’s production and financial performance.
Technological Disruptions: The automotive industry is undergoing significant technological disruptions, such as the shift towards electric vehicles and autonomous driving. Maruti Suzuki will need to keep up with these changes and invest in R&D to remain relevant.
Regulatory Changes: The Indian government has introduced stringent regulations related to emissions, safety, and fuel efficiency, which can increase the cost of production for the company. Non-compliance with these regulations could lead to fines and reputational damage.
Currency Fluctuations: Maruti Suzuki imports some of its raw materials and components from overseas, which exposes the company to currency fluctuations. Any adverse movements in exchange rates could increase the cost of production and impact the company’s profitability

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