Maruti Suzuki is India’s leading passenger Car manufacturing company with a market share of more than 40%, So, we discuss more insight about Maruti Suzuki Share price Target and its future share forecast in deeply.
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Analyzing Maruti Suzuki’s Share Price history, business fundamentals, and financial stability will give more conciseness about the company’s future performance. And we can discuss whether investing in Maruti Suzuki Shares will be worth it or not based on its valuations. Let’s see Maruti Suzuki’s Share Price Targets for 2023, 2024, 2025, 2026, and 2030.
Maruti Suzuki Share Price Target 2023, 2024, 2025, 2026, and 2030
Maruti Suzuki Limited is a Japanese-based automobile company that was established on the Indian market in Feb 1981. Currently, Maruti is the leading Player of domestic passenger car manufacturers in India. And the company has the highest sector Market capitalization.
| Company Name | Maruti Suzuki India Limited |
| Founded | 21 Feb 1981 |
| Industry | Automobile |
| Listed On | BSE-532500 NSE -Maruti BSE SENSEX NSE NIFTY 50 |
| Market Captialization | Market Capitalization |
| Website | www.marutisuzuki.com |
Maruti Suzuki Share Price Target 2023
Maruti Suzuki is the leading automobile industry in the passenger cars segment. Right now the company owns 43% of the market share in the domestic market. Maruti has the most reliable and convenient products for the Indian market like ALTO, Wagnor, Vitara Brizza, and many more.
If you see the company’s performance in the last quarter Q3 March 23 total revenue is 32.06T Cr, and the net income is 2.67 TCr. And its Earnings Per Share is beaten by 1.44%.
Maruti Suzuki Share Price Target 2023: Maruti Suzuki posted excellent results in the past and you can expect the same results in the upcoming days. Also, the company trying to launch new vehicles in EV segments in the upcoming days. So, you can expect the share price target of Maruti Suzuki by 2023 is expected between Rs.10600 and Rs.10850.
| Maruti Suzuki Shares First Target Price 2023 | Rs.10600 |
| Maruti Suzuki Shares Second Target Price 2023 | Rs.10850 |
Maruti Suzuki Share Price Target 2024
Maruti Suzuki’s Share Price Today is Rs.9700 on 26-7-23, and you can check the CMP (Current Market Price) by clicking the link. The company share increased up to 20.7% last year.
Maruti Suzuki’s P/E ratio is 34.58 and its Peer average is 38.2. So, Maruti Suzuki Shares is good value based on its Peer average. But as per the industry P/E ratio, its shares is trading overvalued zone in the stock market. The Asian automobile industry’s average P/E ratio is 18.2.
Maruti Suzuki Share Price Target 2024: Maruti Suzuki has a wide range of economic segment products as well as they had a collaboration with various automobile companies. And the company gave multi-bagger returns to investors in the last 10 years. So, you can see great growth in the upcoming days. The expected share price target of Maruti Suzuki by 2024 is Rs.11900 and the second target price is Rs.12100.
| Maruti Suzuki Shares First Target Price 2024 | Rs.11900 |
| Maruti Suzuki Shares Second Target Price 2024 | Rs.12100 |
Maruti Suzuki Share Price Target 2025
Maruti Suzuki has a wide range of business models which helps to give stable revenue growth, the company had various operations like manufacturing of spares, and components, and sells motor vehicles in India. And they are involved in pre-owned cars and car financing.
The company has a strong and experienced management team that helps to sustain its market position. The company has more than 1450 Showrooms across various locations in India. Their extraordinary relationship with customers and quality service help to maintain their customers.
TradingView Chart Of Maruti Suzuki
Maruti Suzuki Share Price Target 2025: Maruti Suzuki is the leading vehicle-selling company in India, and the company, is trying to reach up to 50% of the market share in the upcoming days. As per the technical analysis of Maruti Suzuki shares the target price by 2025 is expected Rs. 13200 and the second highest target price is Rs. 13400.
| Maruti Suzuki Shares First Target Price 2025 | Rs.13200 |
| Maruti Suzuki Shares Second Target Price 2025 | Rs.13400 |
Maruti Suzuki Share Price Target 2026
Maruti Suzuki is trying to expand its footprint into EV segments. In the upcoming days, the company would be launched its EV vehicles. And the company forecast its annual revenue growth to be 16.9% annually.
Maruti Suzuki’s annual revenue growth is 32.9% which is higher than its 3 years CAGR of 14.7%. In the last 3 years, its share value was hiked up 79%.
Maruti Suzuki Share Price Target 2026: Maruti Suzuki’s forecast is higher than the sector growth. And the company shows excellent share growth in the last 10 years. The company has strong in Indian automobile passenger car segments, also the company trying to step forward in EV cars segments. So, you can expect the share price target of Maruti Suzuki by 2-2026 to be Rs. 15,800 and the second highest target price is Rs.16000.
| Maruti Suzuki Shares First Target Price 2026 | Rs.15800 |
| Maruti Suzuki Shares Second Target Price 2026 | Rs.16000 |
Maruti Suzuki Share Price Target 2030
The Indian automobile segment is growing up 9% of CAGR annually and it would attain a $60 bn dollar market by the next 5-7 years. And the EV cars sector is attained $50,000 USD by 2025.
The company taking the necessary initiatives to attain those market demands in EV segments as well as the automotive sector in the upcoming days.
Maruti Suzuki Share Price Target 2030: As per the growing market the company keeps introducing new vehicles and expanding their production capacity. If the company keeps sustaining its market share you can expect a great result by Maruti Suzuki shares. So, you can expect the share price target of Maruti Suzuki by 2030 to be Rs. 18000 and the second highest target price is Rs. 19000.
| Maruti Suzuki Shares First Target Price 2030 | Rs.18000 |
| Maruti Suzuki Shares Second Target Price 2030 | Rs.19000 |
Maruti Suzuki Business Overview
Maruti Suzuki India Limited is an automobile manufacturing company that was established on 1981 Feb 21, which manufactures spares, vehicles, and components, in India. Also, Maruti Suzuki has pre-owned cars business and car financing business segments.
Till FY22-23 Maruti Suzuki is the leading car manufacturer and seller in India with a total market share of 40% by total sales of 14,79,221 Units.
Maruti Suzuki Financial Fundamentals
- Maruti Suzuki has an operating revenue of Rs.1,17,571.3Cr
- Price To Earnings Ratio P/E is 34.6
- The company’s Debt-to-equity ratio is 1.96%
- The company’s interest payment on its debt is well covered by EBIT 43.8%
- The annual revenue growth is expected 16.9%
- The current net profit margin is 7% which is higher than its previous year which is 4.4%
- The dividend payout is 0.96%
Maruti Suzuki Strength
- Maruti is the leading player in the Indian automobile industry
- India is the third largest automotive industry in the globe
- The company has enough cash flow to overcome its debt
- The company’s debt-to-equity ratio is very low which is 1.96%
- Maruti has high brand value with the highest customer base
- Build quality products with cost optimization
Maruti Suzuki Weakness
- Maruti has to improve its products and build quality
- Maruti Suzuki had intense market competition
- If the cost of fuel keeps increasing sales might be decreased
- The company’s debt-to-equity ratio has increased from 0.4% to 2% in the last 5 years
Maruti Suzuki Share Holding Pattern
| Owner Name | % Of shares |
|---|---|
| Promoters | 56.48% |
| Mutual Funds | 11.65% |
| Insurance Companies | 5.47% |
| FPI | 21.11% |
| FII | 0.05% |
| Individual Investors | 3.16% |
| Others | 2.08% |
Maruti Suzuki Share Price Target 2023, 2024, 2025, 2026, and 2030
| Target Year | First Target | Second Target |
|---|---|---|
| Maruti Suzuki Share Price Target 2023 | Rs.10600 | Rs.10850 |
| Maruti Suzuki Share Price Target 2024 | Rs.11900 | Rs.12100 |
| Maruti Suzuki Share Price Target 2025 | Rs.13200 | Rs.13400 |
| Maruti Suzuki Share Price Target 2026 | Rs.15800 | Rs.16000 |
| Maruti Suzuki Share Price Target 2030 | Rs.18000 | Rs.19000 |
Conclusion
Maruti Suzuki India Limited is the leading automobile manufacturer in India and the company has strong brand recognization. Also, the company has stable financial aspects and business fundamentals. So, Maruti Suzuki can able to become a multi-bagger stock in long-term investment.
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Note: The Target values mentioned here are only for reference purposes, the actual values may differ as per the current market conditions. Before investing make sure to analyze current market conditions and seek advice from your financial advisor.
Maruti Suzuki FAQ
What is the share price target of Maruti Suzuki 2025?
The target price of Maruti Suzuki by 2025 is expected between Rs.13200 -13400
What is the share price target of Maruti Suzuki 2030?
As per the technical analysis, the target price of Maruti Suzuki by 2030 is Rs.18000 and the second target price is Rs.19000
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