Maruti Suzuki India Limited
Maruti Suzuki India Limited manufactures, purchases, and sells motor vehicles, components, and spare parts in India. The company offers passenger vehicles, utility vehicles, and multi-purpose vehicles. It is also involved in the facilitation of pre-owned car sales, fleet management, and car financing activities. In addition, the company offers driving school, insurance, accessories, and financing… Read more
Maruti Suzuki India Limited (MARUTI) - Net Assets
Latest net assets as of September 2025: ₹997.44 Billion INR
Based on the latest financial reports, Maruti Suzuki India Limited (MARUTI) has net assets worth ₹997.44 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.38 Trillion) and total liabilities (₹387.09 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹997.44 Billion |
| % of Total Assets | 72.04% |
| Annual Growth Rate | 16.85% |
| 5-Year Change | 83.31% |
| 10-Year Change | 246.65% |
| Growth Volatility | 8.83 |
Maruti Suzuki India Limited - Net Assets Trend (2004–2025)
This chart illustrates how Maruti Suzuki India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Maruti Suzuki India Limited (2004–2025)
The table below shows the annual net assets of Maruti Suzuki India Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹962.40 Billion | +12.38% |
| 2024-03-31 | ₹856.36 Billion | +38.59% |
| 2023-03-31 | ₹617.91 Billion | +11.67% |
| 2022-03-31 | ₹553.34 Billion | +5.40% |
| 2021-03-31 | ₹525.01 Billion | +6.21% |
| 2020-03-31 | ₹494.32 Billion | +4.93% |
| 2019-03-31 | ₹471.10 Billion | +10.65% |
| 2018-03-31 | ₹425.75 Billion | +14.79% |
| 2017-03-31 | ₹370.90 Billion | +33.60% |
| 2016-03-31 | ₹277.63 Billion | +14.10% |
| 2015-03-31 | ₹243.32 Billion | +13.13% |
| 2014-03-31 | ₹215.09 Billion | +12.97% |
| 2013-03-31 | ₹190.38 Billion | +21.46% |
| 2012-03-31 | ₹156.75 Billion | +9.54% |
| 2011-03-31 | ₹143.09 Billion | +17.45% |
| 2010-03-31 | ₹121.83 Billion | +27.36% |
| 2009-03-31 | ₹95.65 Billion | +13.66% |
| 2008-03-31 | ₹84.15 Billion | +20.11% |
| 2007-03-31 | ₹70.06 Billion | +25.51% |
| 2006-03-31 | ₹55.83 Billion | +24.91% |
| 2005-03-31 | ₹44.69 Billion | +22.28% |
| 2004-03-31 | ₹36.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maruti Suzuki India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 77708800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹777.09 Billion | 80.74% |
| Common Stock | ₹1.57 Billion | 0.16% |
| Other Comprehensive Income | ₹51.16 Billion | 5.32% |
| Other Components | ₹132.58 Billion | 13.78% |
| Total Equity | ₹962.40 Billion | 100.00% |
Maruti Suzuki India Limited Competitors by Market Cap
The table below lists competitors of Maruti Suzuki India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna
PINK:PSZKF
|
$17.66 Billion |
|
Huatai Securities Co. Ltd
PINK:HUATF
|
$17.68 Billion |
|
Centene Corp
NYSE:CNC
|
$17.70 Billion |
|
Wilmar International Ltd
PINK:WLMIY
|
$17.71 Billion |
|
LATAM Airlines Group S.A.
NYSE:LTM
|
$17.64 Billion |
|
Astera Labs, Inc.
NASDAQ:ALAB
|
$17.64 Billion |
|
Suzhou TFC Optical Communication Co Ltd
SHE:300394
|
$17.64 Billion |
|
Southwest Airlines Company
NYSE:LUV
|
$17.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maruti Suzuki India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 856,360,000,000 to 962,399,000,000, a change of 106,039,000,000 (12.4%).
- Net income of 145,002,000,000 contributed positively to equity growth.
- Dividend payments of 39,300,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 24,505,000,000.
- Other factors decreased equity by 24,168,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹145.00 Billion | +15.07% |
| Dividends Paid | ₹39.30 Billion | -4.08% |
| Other Comprehensive Income | ₹24.50 Billion | +2.55% |
| Other Changes | ₹-24.17 Billion | -2.51% |
| Total Change | ₹- | 12.38% |
Book Value vs Market Value Analysis
This analysis compares Maruti Suzuki India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 103.14x to 4.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹126.51 | ₹13048.00 | x |
| 2005-03-31 | ₹154.69 | ₹13048.00 | x |
| 2006-03-31 | ₹192.90 | ₹13048.00 | x |
| 2007-03-31 | ₹242.51 | ₹13048.00 | x |
| 2008-03-31 | ₹291.28 | ₹13048.00 | x |
| 2009-03-31 | ₹331.08 | ₹13048.00 | x |
| 2010-03-31 | ₹421.67 | ₹13048.00 | x |
| 2011-03-31 | ₹495.27 | ₹13048.00 | x |
| 2012-03-31 | ₹542.54 | ₹13048.00 | x |
| 2013-03-31 | ₹629.89 | ₹13048.00 | x |
| 2014-03-31 | ₹711.61 | ₹13048.00 | x |
| 2015-03-31 | ₹805.03 | ₹13048.00 | x |
| 2016-03-31 | ₹918.59 | ₹13048.00 | x |
| 2017-03-31 | ₹1227.33 | ₹13048.00 | x |
| 2018-03-31 | ₹1408.88 | ₹13048.00 | x |
| 2019-03-31 | ₹1558.93 | ₹13048.00 | x |
| 2020-03-31 | ₹1635.76 | ₹13048.00 | x |
| 2021-03-31 | ₹1737.97 | ₹13048.00 | x |
| 2022-03-31 | ₹1831.75 | ₹13048.00 | x |
| 2023-03-31 | ₹2469.55 | ₹13048.00 | x |
| 2024-03-31 | ₹2723.77 | ₹13048.00 | x |
| 2025-03-31 | ₹3061.05 | ₹13048.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maruti Suzuki India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.48%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 1.37x
- Recent ROE (15.07%) is below the historical average (15.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 15.35% | 6.12% | 1.57x | 1.60x | ₹1.95 Billion |
| 2005 | 19.69% | 7.98% | 1.65x | 1.49x | ₹4.33 Billion |
| 2006 | 21.83% | 10.06% | 1.41x | 1.53x | ₹6.59 Billion |
| 2007 | 22.67% | 10.74% | 1.41x | 1.49x | ₹8.88 Billion |
| 2008 | 20.57% | 9.65% | 1.45x | 1.47x | ₹8.89 Billion |
| 2009 | 12.83% | 5.94% | 1.48x | 1.46x | ₹2.71 Billion |
| 2010 | 21.54% | 8.96% | 1.74x | 1.39x | ₹14.06 Billion |
| 2011 | 16.12% | 6.30% | 1.91x | 1.34x | ₹8.76 Billion |
| 2012 | 10.42% | 4.64% | 1.52x | 1.47x | ₹661.50 Million |
| 2013 | 12.86% | 5.66% | 1.57x | 1.44x | ₹5.45 Billion |
| 2014 | 13.16% | 6.54% | 1.38x | 1.46x | ₹6.80 Billion |
| 2015 | 15.58% | 7.69% | 1.43x | 1.42x | ₹13.58 Billion |
| 2016 | 16.69% | 8.11% | 1.42x | 1.45x | ₹18.55 Billion |
| 2017 | 20.26% | 11.15% | 1.30x | 1.40x | ₹38.02 Billion |
| 2018 | 18.52% | 10.02% | 1.31x | 1.42x | ₹36.24 Billion |
| 2019 | 16.24% | 9.10% | 1.31x | 1.36x | ₹29.40 Billion |
| 2020 | 11.49% | 7.78% | 1.15x | 1.29x | ₹7.35 Billion |
| 2021 | 8.36% | 6.47% | 0.95x | 1.36x | ₹-8.61 Billion |
| 2022 | 7.01% | 4.39% | 1.18x | 1.35x | ₹-16.54 Billion |
| 2023 | 11.08% | 6.98% | 1.40x | 1.13x | ₹8.04 Billion |
| 2024 | 15.75% | 9.51% | 1.23x | 1.35x | ₹49.25 Billion |
| 2025 | 15.07% | 9.48% | 1.16x | 1.37x | ₹48.76 Billion |
Industry Comparison
This section compares Maruti Suzuki India Limited's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $42,318,065,847
- Average return on equity (ROE) among peers: -6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maruti Suzuki India Limited (MARUTI) | ₹997.44 Billion | 15.35% | 0.39x | $17.64 Billion |
| Ather Energy Limited (ATHERENERG) | $6.14 Billion | -140.87% | 2.22x | $83.87K |
| Bajaj Auto Limited (BAJAJ-AUTO) | $44.47 Billion | 18.02% | 1.27x | $11.82 Billion |
| Eicher Motors Limited (EICHERMOT) | $126.08 Billion | 13.30% | 0.28x | $10.89 Billion |
| FORCE MOTORS LTD (FORCEMOT) | $11.43 Billion | 72.10% | 0.46x | $1.16 Billion |
| Hero MotoCorp Limited (HEROMOTOCO) | $132.37 Billion | 26.02% | 0.40x | $8.12 Billion |
| Hindustan Motors Limited (HINDMOTORS) | $1.56 Billion | -17.05% | 4.00x | $32.40 Million |
| Ola Electric Mobility Ltd (OLAELEC) | $51.43 Billion | -44.25% | 1.15x | $1.29 Billion |
| SML Isuzu Limited (SMLISUZU) | $3.98 Billion | 2.13% | 1.48x | $114.46 Million |
| SML Mahindra Ltd. (SMLMAH) | $3.40 Billion | 15.04% | 1.38x | $466.01K |