BSECompany Update1d ago · 27 Oct 2026, 03:44 pm

Investor Presentation on the financial results for the quarter ended on 30th September 2026

Maruti Suzuki India Ltd · 532500

✦ AI SummaryResults

Maruti Suzuki India Ltd has announced its Q2 FY'27 standalone financial results, showing a 26.5% YoY growth in sales volume and a 26.1% YoY growth in net sales. However, the company's operating EBITDA and operating EBIT have declined by 6.3% and 17.1% YoY, respectively, due to adverse commodity prices, foreign exchange movement, and lower non-operating income.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Maruti Suzuki India Ltd - 532500 - Announcement under Regulation 30 (LODR)-Investor Presentation

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MSIL: COS: NSE&BSE: 2026/10_13 27th October 2026 Vice President General Manager National Stock Exchange of India Limited Department of Corporate Services “Exchange Plaza”, Bandra – Kurla Complex BSE Limited Bandra (E) Phiroze Jeejeebhoy Towers Mumbai – 400 051 Dalal Street, Mumbai – 400 001 Sub: Investor Presentation on the financial results for the quarter ended 30th September 2026 Dear Sir(s), Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the investor presentation on financial results for the quarter ended 30th September 2026. Kindly take the same on record. Thanking You, Yours truly, For Maruti Suzuki India Limited Sanjeev Grover Executive Officer & Company Secretary Maruti Suzuki India Limited Q2 FY’27 and H1 FY’27 Standalone Financial Results 27th October 2026 Safe Harbour This presentation might contain forward looking statements which involve a number of risks, uncertainties and other factors that could cause the actual results to differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these to reflect the events or circumstances thereof. Secondly, these statements should be understood in conjunction with the risks the company faces. Contents 1. Q2 FY’27 w.r.t. Q2 FY’26 Ratio Comparison 2. Q2 FY’27 w.r.t. Q1 FY’27 Ratio Comparison 3. H1 FY’27 w.r.t. H1 FY’26 Ratio Comparison 4. Sales Volume Note: Suzuki Motor Gujarat Private Limited (SMG), a wholly owned subsidiary of Maruti Suzuki India Limited (MSIL), amalgamated with MSIL starting December 1, 2025. Since the appointed date as per the Scheme of amalgamation is April 1, 2025, the financial statements for the relevant periods have been restated for comparison purpose. 1.All figures in the presentation are in INR million except the sales volume and the ratios 2. Due to rounding-off, ratios may beapproximate Q2 FY’27 w.r.t. Q2 FY’26 Highlights of Q2 FY’27 w.r.t. Q2 FY’26 *All figures except sales volume are in INR million Q2 FY’27 Q2 FY’26 Sales Volume 696,654 550,874 26.5% Net Sales 506,155 401,358 26.1% Op. EBITDA 47,633 50,848 -6.3% Op. EBIT 28,037 33,820 -17.1% PBT 31,658 42,909 -26.2% PAT 24,149 33,028 -26.9% Key Financial Ratios (% of Net Sales) Change Parameter Q2 FY’27 Q2 FY’26 (bps) 79.9 75.7 420 Material Cost 4.6 5.1 -50 Employee Cost 11.5 12.0 -50 Other Expenses 5.4 5.5 -10 Other Operating Income 9.4 12.7 -330 Op. EBITDA 3.9 4.2 -40 Depreciation 5.5 8.4 -290 Op. EBIT 0.1 0.1 - Interest Expense 0.8 2.4 -160 Non-Operating Income 6.3 10.7 -440 4.8 8.2 -340 Red color denotes adverse movement. Green color denotes favorable movement. Financial Analysis of Q2 FY’27 w.r.t. Q2 FY’26 Key reasons for margin movement Negative Factors Adverse commodity prices in the context of West Asia conflict Adverse foreign exchange movement Lower non-operating income due to mark-to-market losses on invested surplus Positive Factors Improved realization Favourable operating leverage Cost reduction efforts Q2 FY’27 w.r.t. Q1 FY’27 Highlights of Q2 FY’27 w.r.t. Q1 FY’27 *All figures except sales volume are in INR million Q2 FY’27 Q1 FY’27 Sales Volume 696,654 682,724 2.0% Net Sales 506,155 499,591 1.3% Op. EBITDA 47,633 43,111 10.5% Op. EBIT 28,037 25,311 10.8% PBT 31,658 43,413 -27.1% PAT 24,149 33,521 -28.0% Key Financial Ratios (% of Net Sales) Parameter Q2 FY’27 Q1 FY’27 Change (bps) 79.9 80.5 -60 Material Cost 4.6 4.9 -30 Employee Cost 11.5 11.0 50 Other Expenses 5.4 5.0 40 Other Operating Income 9.4 8.6 80 Op. EBITDA 3.9 3.6 30 Depreciation 5.5 5.1 40 Op. EBIT 0.1 0.1 - Interest Expense 0.8 3.7 -290 Non-Operating Income 6.3 8.7 -240 4.8 6.7 -190 Red color denotes adverse movement. Green color denotes favorable movement. Financial Analysis of Q2 FY’27 w.r.t. Q1 FY’27 Key reasons for margin movement Negative Factors Adverse commodity prices in the context of West Asia conflict Adverse foreign exchange movement Higher manufacturing overheads Higher depreciation expense due to new facility and new model dies Lower non-operating income due to mark-to-market losses on invested surplus Positive Factors Improved realization Favourable Fixed Cost Incidence (FCI) due to inventory accretion Cost reduction efforts H1 FY’27 w.r.t. H1 FY’26 Highlights of H1 FY’27 w.r.t. H1FY’26 *All figures except sales volume are in INR million H1 FY’27 H1 FY’26 Sales Volume 1,379,378 1,078,735 27.9% Net Sales 1,005,746 767,564 31.0% Op. EBITDA 91,750 97,054 -5.5% Op. EBIT 54,354 64,469 -15.7% PBT 75,071 91,969 -18.4% PAT 57,670 70,609 -18.3% Key Financial Ratios (% of Net Sales) Parameter H1 FY’27 H1 FY’26 Change (bps) 80.2 75.1 510 Material Cost 4.8 5.3 -50 Employee Cost 11.1 12.3 -120 Other Expenses 5.2 5.4 -20 Other Operating Income 9.1 12.6 -350 Op. EBITDA 3.7 4.2 -50 Depreciation 5.4 8.4 -300 Op. EBIT 0.1 0.1 - Interest Expense 2.2 3.7 -150 Non-Operating Income 7.5 12.0 -450 5.7 9.2 -350 Red color denotes adverse movement. Green color denotes favorable movement. Sales Volumes selaS latoT Q2 FY’27 H1 FY’27 Market % to Total % to Total Number YoY Growth % Number YoY Growth % sales sales Domestic 588,535 33.6% 84.5% 1,146,523 31.6% 83.1% Exports 108,119 -2.1% 15.5% 232,855 12.2% 16.9% Total Sales 696,654 26.5% 100% 1,379,378 27.9% 100% selaS citsemoD Q2 FY’27 H1 FY’27 Segments % to Domestic % to Domestic Number YoY Growth % Number YoY Growth % sales sales Passenger cars: Mini+ 281,308 31.9% 47.8% 551,094 33.8% 48.1% Compact+ Mid-size UVs 236,807 52.3% 40.2% 455,692 43.6% 39.7% Vans 36,897 11.3% 6.3% 73,454 10.8% 6.4% LCV 10,441 23.5% 1.8% 20,020 18.0% 1.8% Sales to other OEM 23,082 -23.2% 3.9% 46,263 -21.4% 4.0% Domestic sales 588,535 33.6% 100.0% 1,146,523 31.6% 100.0% Thank You