MARUTI.NS · Intrinsic value
Is Maruti Suzuki India Limited (MARUTI.NS) overvalued or undervalued?
Maruti Suzuki India Limited (MARUTI.NS) trades at the delayed market price of ₹11,475.00 a share. That price already implies revenue growth of 20.1% a year for 5 years. TickerWorth's fair value is ₹10,394.04 a share (priced within our range of ₹5,111.04 – ₹13,587.92). We do not call it over- or undervalued from inside our range.
Model by Miraaj Patel · generated from market data · Updated Oct 19, 2026 · How these pages are made
Is MARUTI.NS fairly valued?
- Fair value
- ₹10,394.04
- Market price
- ₹11,475.00
- Downside to fair value
- 9.4%
- Verdict
- Priced within our range of ₹5,111.04 – ₹13,587.92
Reverse DCF: Today's price implies revenue growth of 20.1% a year for 5 years; our model assumes 16.6% a year on average over the same horizon.
What is MARUTI.NS's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Consumer Cyclical companies in India
Its strongest point: looks cheap on the numbers. Its weakest: profitability is weak.
- Value · 78 of 100
Cheaper than 78% of Consumer Cyclical companies in India
- Price vs worth · 42 of 100
- Quality · 26 of 100
More profitable than 26% of Consumer Cyclical companies in India
- Financial health · 90 of 100
Financially stronger than 90% of Consumer Cyclical companies in India
- Growth · 40 of 100
Growing faster than 40% of Consumer Cyclical companies in India
- Momentum · 12 of 100
Outperformed 12% of Consumer Cyclical companies in India over the past year
Confidence: High confidence · Scored
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MARUTI.NS DCF valuation, input by input
TickerWorth's fair value for Maruti Suzuki India Limited (MARUTI.NS) is ₹10,394.04 a share, against the delayed market price of ₹11,475.00 (priced within our range of ₹5,111.04 – ₹13,587.92). We do not call it over- or undervalued from inside our range. It is a model estimate, and every input behind it is sourced below. This is an educational model, not a price target or a recommendation.
Read the full reasoning
One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values MARUTI.NS at about ₹10,258 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.
The valuation discounts Maruti Suzuki India Limited's projected free cash flows at a weighted-average cost of capital (WACC) of 7.2%, with a long-run terminal growth rate of 2.5%. About 82% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 20.1% annual revenue growth for MARUTI.NS. Our base case instead compounds to about 16.6% a year over the same forecast, so the market is pricing in materially faster growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, MARUTI.NS's modeled DCF value ranges from about ₹7,014 to ₹20,870 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Maruti Suzuki India Limited would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of MARUTI.NS's intrinsic value. Figures update as new filings and prices come in.
Every input behind MARUTI.NS's DCF
| Input | Value |
|---|---|
| Base-year revenueLive feed — totalRevenue (TTM) | ₹1,971,806,010,000 |
| Base EBIT marginComputed — trailing operatingMargins, held roughly flat | 4.8% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 30% → 24% → 17% → 10% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.3% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 0.40 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesLive feed — sharesOutstanding | 314M |
| Market priceLast known price · as of 2026-10-19 19:27 UTC | ₹11,475 |
Change MARUTI.NS's assumptions
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What does Maruti Suzuki India Limited do?
What does it do?
Maruti Suzuki India Limited manufactures and sells motor vehicles, parts, and accessories in India. The company offers passenger and commercial vehicles, including hatchbacks, sedans, SUVs, MPVs, and vans, as well as light commercial vehicles. It operates in the Auto Manufacturers industry (Consumer Cyclical sector), headquartered in India. The company employs roughly 25,831 people.
How does it make money?
The business turns 2.0T in annual revenue into profit. Out of every $100 of sales, about $5 is left as operating profit (operating margin of 4.8%), after a 26% gross margin on the products/services it sells. After all costs, taxes and interest, 7.3% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks solid: carries modest debt (0.1× equity), and is currently profitable.
MARUTI.NS insider trading
Insider filings are available for US-listed companies only.
Common questions
What is MARUTI.NS's intrinsic value?
TickerWorth's blended fair value for Maruti Suzuki India Limited (MARUTI.NS) is ₹10,394.04 per share, versus a market price of ₹11,475.00 (priced within our range of ₹5,111.04 – ₹13,587.92).
Is MARUTI.NS overvalued or undervalued?
Priced within our range of ₹5,111.04 – ₹13,587.92 at ₹11,475.00. We don't call MARUTI.NS overvalued or undervalued from a range. This is an educational estimate, not advice.
What discount rate is used for MARUTI.NS?
A WACC of 7.2% and a terminal growth rate of 2.5%.
Is Maruti Suzuki India stock undervalued?
TickerWorth's fair value for Maruti Suzuki India Limited (MARUTI.NS) is ₹10,394.04 against a market price of ₹11,475.00. Our read: Priced within our range of ₹5,111.04 – ₹13,587.92. This is a model estimate, not investment advice.
Maruti Suzuki India (MARUTI.NS) DCF valuation and fair value
Our fair value for Maruti Suzuki India Limited (MARUTI.NS) is ₹10,394.04, built on a 7.2% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Maruti Suzuki India stock?
Today's price implies revenue growth of 20.1% a year for 5 years; our model assumes 16.6% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of ₹11,475.00. A model estimate, not investment advice.
Maruti Suzuki India (MARUTI.NS) insider trading
We have no recent SEC Form 4 insider filings on file for Maruti Suzuki India Limited (MARUTI.NS). Form 4 covers US-listed companies only.
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.