Maruti Suzuki India Limited (NSE:MARUTI)
India flag India · Delayed Price · Currency is INR
11,896
+27 (0.23%)
Nov 4, 2026, 12:30 PM IST

Maruti Suzuki India Stock Forecast

Stock Price Forecast

According to 40 analysts polled by S&P Global, Maruti Suzuki India stock has a consensus rating of "Strong Buy" and an average price target of ₹14,498. The average 1-year stock price forecast is 21.87% higher than the current stock price, while the lowest is ₹11,600 (-2.49%) and the highest is ₹17,518 (+47.26%).

Price Target: ₹14,498 (+21.87%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹11,600₹14,498₹14,500₹17,518
Change-2.49%+21.87%+21.89%+47.26%

Analyst Ratings

The average analyst rating for Maruti Suzuki India stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy272625252528
Buy778997
Hold433334
Sell111111
Strong Sell111110
Total403838393940

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Prabhudas Lilladher
No rating
Prabhudas Lilladher
Buy
Maintains
₹15,000 → ₹13,750
BuyMaintains₹15,000 → ₹13,750+15.59%Oct 29, 2026

Financial Forecast

Revenue This Year
2.16T
from 1.83T
Increased by 17.78%
Revenue Next Year
2.39T
from 2.16T
Increased by 10.63%
EPS This Year
407.91
from 459.46
Decreased by -11.22%
EPS Next Year
553.74
from 407.91
Increased by 35.75%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
883.30B1.18T1.42T1.53T1.83T2.16T
Revenue Growth
25.52%34.05%19.80%7.79%19.88%17.78%
Gross Profit
216.42B318.38B408.14B439.52B492.33B509.95B
Gross Margin
24.50%26.89%28.77%28.74%26.86%23.62%
Operating Income
29.63B82.76B134.82B146.15B147.88B121.06B
Net Income
38.80B82.64B134.88B145.00B146.80B130.43B
EPS
----459.46407.91
EPS Growth
----3.51%-11.22%
Forward PE
39.4423.9128.4721.9222.2829.16
Dividend / Share
60.0090.00125.00135.00140.00138.03
Dividend Growth
33.33%50.00%38.89%8.00%3.70%-1.41%
Free Cash Flow
----89.42B78.34B
No. Analysts
-----40
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High2.2T
Avg2.2T
Low2.0T

Revenue Growth

Revenue Growth202720282029
High
21.2%
Avg
17.8%
Low
11.5%

EPS Forecast

EPS202720282029
High449.90
Avg407.91
Low363.60

EPS Growth

EPS Growth202720282029
High
-2.1%
Avg
-11.2%
Low
-20.9%