Maruti Suzuki India Limited (NSE:MARUTI)
India flag India · Delayed Price · Currency is INR
11,178
-67 (-0.60%)
Oct 14, 2026, 3:29 PM IST

Maruti Suzuki India Stock Forecast

Stock Price Forecast

According to 39 analysts polled by S&P Global, Maruti Suzuki India stock has a consensus rating of "Buy" and an average price target of ₹15,458. The average 1-year stock price forecast is 38.29% higher than the current stock price, while the lowest is ₹12,600 (+12.72%) and the highest is ₹17,775 (+59.02%).

Price Target: ₹15,458 (+38.29%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹12,600₹15,458₹15,700₹17,775
Change+12.72%+38.29%+40.45%+59.02%
* Price targets were last updated on Aug 1, 2026.

Analyst Ratings

The average analyst rating for Maruti Suzuki India stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy272625252525
Buy778999
Hold433333
Sell111111
Strong Sell111111
Total403838393939

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Prabhudas Lilladher
No rating
Prabhudas Lilladher
Buy
Reiterates
₹15,600 → ₹15,000
BuyReiterates₹15,600 → ₹15,000+34.19%Aug 1, 2026
Bernstein
Bernstein
Buy
Maintains
n/a
BuyMaintainsn/an/aApr 30, 2026

Financial Forecast

Revenue This Year
2.11T
from 1.83T
Increased by 15.26%
Revenue Next Year
2.34T
from 2.11T
Increased by 10.90%
EPS This Year
457.27
from 459.46
Decreased by -0.48%
EPS Next Year
586.97
from 457.27
Increased by 28.37%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
883.30B1.18T1.42T1.53T1.83T2.11T
Revenue Growth
25.52%34.05%19.80%7.79%19.88%15.26%
Gross Profit
216.42B318.38B408.14B439.52B492.33B544.54B
Gross Margin
24.50%26.89%28.77%28.74%26.86%25.77%
Operating Income
29.63B82.76B134.82B146.15B147.88B136.73B
Net Income
38.80B82.64B134.88B145.00B146.80B147.61B
EPS
----459.46457.27
EPS Growth
-----0.38%-0.48%
Forward PE
39.4423.9128.4721.9222.2824.45
Dividend / Share
60.0090.00125.00135.00140.00148.67
Dividend Growth
33.33%50.00%38.89%8.00%3.70%6.19%
Free Cash Flow
----89.42B93.57B
No. Analysts
-----39
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High2.2T
Avg2.1T
Low1.8T

Revenue Growth

Revenue Growth202720282029
High
20.9%
Avg
15.3%
Low
-0.0%

EPS Forecast

EPS202720282029
High527.50
Avg457.27
Low361.32

EPS Growth

EPS Growth202720282029
High
14.8%
Avg
-0.5%
Low
-21.4%