Close 10 Sep 1505 scanned A
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INDIA VIX11.80-1.05%
MIDCAP 15022,904.25-0.38%
SMALLCAP 25018,433.40+0.01%
NEXT 5072,530.90-0.44%
BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

MARUTI

Maruti Suzuki India Limited
Automobile and Auto ComponentsLarge capRs 395,830 crRs 409.7 cr traded a dayManufacturingMultinationalsAutomobiles
Close on 10 September 2026
12,590.00
−0.22%
52-week range6% of the way up
12,306.0017,292.00
Market cap
395,830 cr
P/E (TTM)
27.6×
industry 37×
EPS (TTM)
455.92
Revenue YoY
+35.9%
Q1 FY27
Profit YoY
-9.1%
Net margin
6.6%
-3.3pt vs a year ago
Growth trend
+7.7pt
vs last quarter’s YoY
1 month
-9.3%
Below 52w high
37.3%
RSI (14)
21
oversold
Daily swing
1.9%
average true range
Volume
1.0×
vs 20-day average
Traded
Rs 410 cr
median day
Close200-day averageMaterial filing
12,00014,00016,000Sep 25Nov 25Jan 26Mar 26May 26Jul 26Sep 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Bottom of the universe
-11.0%
One-year return
Below the median
-20.4%
Return on capital employed
Above the median
17.0%
Debt to equity
Top of the universe
0.00×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
133%
Revenue growth, year on year
latest reported quarter
+35.9%
Below the 52-week high
from the highest close of the year
-27.2%
1 week
−2.08%
1 month
−9.26%
3 months
−8.80%
6 months
−3.51%
1 year
−20.40%

The read

written from the numbers on this page
The evidence is mixed5 supporting, 6 against, 1 worth knowing

Supporting

  • matches profit that turns into cash, which has beaten the market by +2.73 points over 20 sessions across 9,184 past signals
  • 5 of the scans it matches have a positive measured record
  • 3 independent kinds of evidence agree today, which is uncommon
  • revenue grew 36% year on year in the quarter ending 30 June 2026
  • priced at 28× earnings against an industry median of 37× — 25% below its peers

Against

  • trading 11% below its 200-day average
  • at 6% of its 52-week range — nearly everyone who bought in the past year is underwater
  • down 20% over twelve months
  • 1 of the scans it matches has historically underperformed the market
  • net margin has narrowed from 7.9% to 6.6% across four quarters
  • holders are unwinding longs quietly

Worth knowing

  • RSI at 21 is washed out — historically the better half of this site's measured edge comes from exactly this condition
MARUTI sits in Manufacturing, Multinationals, Automobiles — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 14,144, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working3

Revenue rose 35.9% year on year, from Rs 38,605 cr to Rs 52,470 cr.

+35.9%Rs 38,605 crRs 52,470 cr

Operating cash flow was Rs 19,100 cr against Rs 14,334 cr profit, covering 133% of it.

Rs 19,100 crRs 14,334 cr133%

Rs 410 crore changes hands on a median day, so an ordinary order is not the reason it moves.

Rs 410 cr
Needs watching8

Profit grew slower than revenue, at -9.1% versus +35.9%.

-9.1%+35.9%

Net margin fell from 9.8% to 6.6% in the latest quarter versus the same period last year.

9.8%6.6%

Net profit -9.1% year on year, Rs 3,792 cr to Rs 3,447 cr.

-9.1%Rs 3,792 crRs 3,447 cr

Trading 11.0% below its 200-day average.

-11.0%

27% below its 52-week high.

-27%

Only 2.3% above its 52-week low.

+2.3%

Down 20.4% over the past year.

-20.4%

A warning rule fires on it tonight: near a 52-week low.

Near a 52-week low
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 4 of these 5 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window-2.1%-1.3 pt vs market1W-9.3%-8.2 pt vs market1M-8.8%-11.5 pt vs market3M-3.5%-20.1 pt vs market6M-20.4%-17.2 pt vs market1Y

What the scans say today

6 of 47 matched on 10 Sep
MARUTI matches 6 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Quality of the business

balance sheet as at 31 March 2026
Return on equity
13.4%
trailing profit over shareholders’ funds
Return on capital
17.0%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
0 cr borrowed against 107,156 cr of equity
Net debt
67 cr
cash exceeds borrowings
Cash conversion
133%
operating cash flow as a share of profit
Receivable days
10
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.

Valuation against its own history

500 sessions since 26 September 2024
25×
median 28×
35×
now 28×
MARUTI trades at 28× trailing earnings, close to its median of 28× over this window. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
09-02
17:10
AGM / EGM
1 day-0.25 days-1.820 days
09-01
15:11
Other filing
1 day-3.95 days-5.420 days
09-01
12:13
Other filing
1 day-3.95 days-5.420 days
08-31
13:19
AGM / EGM
1 day+1.75 days-4.620 days
08-14
12:12
Other filing
1 day-0.35 days-0.020 days-8.4
AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
37.4k38.8k40.9k38.6k42.3k49.9k52.5k52.5k8.3%9.8%6.6%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 36% against the same quarter a year earlier
  • revenue rose in 4 of the last 4 quarters

Going against it

  • profit dropped 9% year on year
  • net margin narrowed from 7.0% to 6.6%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · consolidated
52,4704,3443,447109.636.6%
Q4 FY26
31 Mar · consolidated
52,4624,8213,659116.387.0%
Q3 FY26
31 Dec · consolidated
49,9044,8323,879123.387.8%
Q2 FY26
30 Sep · consolidated
42,3444,2723,349106.527.9%
Q1 FY26
30 Jun · consolidated
38,6054,9083,792120.629.8%
Q4 FY25
31 Mar · consolidated
40,9204,8463,911124.409.6%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-7.8%
Versus 200-day average-11.0%
Below 52-week high-27.2%
Above 52-week low+2.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)21.2
Higher closes in last 51 of 5
Six-month return−3.51%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)1.94%
Volume versus 20-day1.0x
Median daily turnoverRs 409.7 cr

Derivatives

near expiry 2026-09-29 · 2026-09-10
Long Unwinding
Price down, open interest down. Holders are leaving quietly. Less violent than a short buildup, and easier to miss.
Futures basis versus spot+0.21%
Open interest change-0.9%
Put / call ratio0.42
Put wall (support)12,000
Call wall (resistance)14,000
Max pain12,900
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Automobile and Auto Components · 48 classified companies
MARUTI trades at 27.6× trailing earnings against an industry median of 36.6× across 44 other classified companies in its industry — cheaper than them, by 25%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
MARUTI395,83027.6−9.26%−20.40%409.7
M&M349,21017.3−8.22%−12.86%564.0
BAJAJ-AUTO328,91628.5+0.58%+29.97%259.4
EICHERMOT211,28336.6−4.37%+10.81%274.9
TVSMOTOR195,81258.0−5.79%+16.90%255.7
HYUNDAI179,16536.2−1.56%−18.98%150.1
MOTHERSON172,24837.8−3.72%+48.43%170.8
BOSCHLTD143,88641.4+4.94%+23.26%145.6
TMPV110,73412.5−12.39%−57.56%242.3
HEROMOTOCO105,65319.3−10.43%−2.75%264.6
BHARATFORG93,471130.6−6.08%+55.64%200.3
UNOMINDA70,72657.9−0.62%−6.70%71.8
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
4 Sep1Bearish engulfing
1 Sep1Falling on heavy volume
26 Aug1Bearish engulfing