🚗 Maruti Suzuki Q4 Results Preview: All Gears Engaged for a Strong Finish to FY24!

India’s favorite carmaker, Maruti Suzuki, is all set to announce its Q4 FY2024 results on April 26, and analysts are already revving up their expectations. With booming SUV sales, a smart product mix, and cooling commodity prices, Maruti seems poised to cruise past its previous performance benchmarks. Let’s decode what the markets are expecting and why this quarter might be a major milestone for the auto giant.


📊 Profit and Revenue: Acceleration Mode ON! Brokerages are bullish on Maruti’s numbers, and here's why:
  • Net Profit: Analysts estimate a whopping 48% to 63% jump in YoY profit. Nomura, for instance, expects profit to hit around ₹4,265 crore, thanks to strong volume growth and better operating margins.
  • Revenue: The top line is expected to zoom past ₹38,600 crore, a 20% YoY growth, reflecting the company’s robust demand curve across segments.
  • EBITDA & Margins: Operating profits could rise by 47% YoY, with margins expected to expand due to better realizations and lower input costs.

🚙 The Real Driver: SUV Sales Surge Here’s the interesting bit — Maruti isn’t just selling more cars, it’s selling more high-margin SUVs.
  • Sales Volume: Total volumes are expected to be up 13% YoY, but the real story is in the 71% YoY jump in utility vehicle sales.
  • Premium Product Mix: With the Grand Vitara, Brezza, and Fronx gaining momentum, Maruti is moving up the value chain, improving profitability with every SUV sold.

🏭 Falling Input Costs = Rising Profits Another factor working in Maruti’s favor is the fall in commodity prices, especially steel and aluminum. This means the company is spending less to make more — a win-win for both margins and investors.
📅 Mark the Date Maruti Suzuki will announce its Q4 results on Friday, April 26, 2024. Expect the stock to be in focus as investors assess how well India’s largest carmaker has managed to steer through the last quarter of FY24.
🧠 What Should Investors Do? If you're watching Maruti, this is a quarter to pay attention to. With strong fundamentals, a growing SUV portfolio, and favorable cost structures, Maruti Suzuki may remain a long-term favorite in the Indian auto space. 🚀 Stay tuned for the actual numbers on April 26, and if you're investing, always remember — fundamentals are the fuel, but discipline is the driver.

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Wed Apr 23, 2025