MARUTI · NSE
Maruti Suzuki
Phase 4 · Capital Return
Profitable, cash-generative, and returning capital to shareholders through dividends.
Phase 1
Startup
Phase 2
Hyper Growth
Phase 3
Operating Leverage
Phase 4
Capital Return
Phase 5
Decline
Revenue growth (YoY)
19.9%
Mar 2026 vs Mar 2025
Net profit growth (YoY)
1.2%
Operating cash flow
₹19100 Cr
Mar 2026
Returning capital?
Yes
Last dividend ex-date 2026-08-06
Revenue, profit & operating cash flow
₹ crore, by fiscal year
RevenueNet profitOperating cash flowRevenue ends at ₹183316 Cr. Net profit ends at ₹14680 Cr. Operating cash flow ends at ₹19100 Cr.
Judge management on
Capital allocation — are dividends sized sensibly against free cash flow?
Key metric to watch
Free cash flow and the dividend payout ratio.
Typically valued on
Price/earnings and dividend yield.
| Fiscal year | Revenue | Net profit | Operating cash flow |
|---|---|---|---|
| Mar 2021 | ₹70372 Cr | ₹4389 Cr | ₹8856 Cr |
| Mar 2022 | ₹88330 Cr | ₹3880 Cr | ₹1840 Cr |
| Mar 2023 | ₹118410 Cr | ₹8264 Cr | ₹10815 Cr |
| Mar 2024 | ₹141858 Cr | ₹13488 Cr | ₹16801 Cr |
| Mar 2025 | ₹152913 Cr | ₹14500 Cr | ₹16180 Cr |
| Mar 2026 | ₹183316 Cr | ₹14680 Cr | ₹19100 Cr |
Advertisement