How Finding a stock with strong growth potential is like finding a hidden treasure in the world of investing. Maruti Suzuki, the largest automaker in India, is one such hidden gem that has investors’ interest. Maruti Suzuki has long been a favourite among investors looking for long-term value thanks to its rich history of innovation and market supremacy. This article will take you on a journey through the years 2023 to 2030 as we examine Maruti Suzuki’s share price goals and delve into the burning concern of all investors: “Is Maruti Suzuki a good stock to buy?” Join us as we examine the company’s performance, navigate through industry trends, and reveal the possibility for future growth. Buckle up and prepare for a thrilling voyage in the world of Maruti Suzuki’s share price targets by fastening your seatbelts.
Contents
Below are the trading platforms that you can use to purchase Maruti Suzuki shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2023 | ₹9,715.00 | ₹7,473.08 |
| June 2023 | ₹11,658.00 | ₹8,967.69 |
| July 2023 | ₹13,989.60 | ₹10,761.23 |
| August 2023 | ₹15,388.56 | ₹11,837.35 |
| September 2023 | ₹16,157.99 | ₹12,429.22 |
| October 2023 | ₹15,388.56 | ₹11,837.35 |
| November 2023 | ₹16,927.42 | ₹13,021.09 |
| December 2023 | ₹18,958.71 | ₹14,583.62 |
The table presents the predicted Maruti Suzuki share prices for the year 2023. The maximum price in May stood at ₹9,715.00 and gradually increased to ₹18,958.71 in December. Similarly, the minimum price started at ₹7,473.08 in May and reached ₹14,583.62 in December. This indicates a bullish trend and an overall uptrend in the share prices throughout the year. The growth percentage is significant, with prices approximately doubling from May to December. Investors may find this trend promising and may consider the potential for higher returns in Maruti Suzuki shares during 2023.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹19,956.53 | ₹15,351.18 |
| February 2024 | ₹22,423.07 | ₹18,685.89 |
| March 2024 | ₹23,603.23 | ₹19,189.62 |
| April 2024 | ₹21,457.48 | ₹16,505.76 |
| May 2024 | ₹17,881.24 | ₹13,754.80 |
| June 2024 | ₹21,457.48 | ₹16,505.76 |
| July 2024 | ₹18,238.86 | ₹14,138.65 |
| August 2024 | ₹20,062.75 | ₹15,922.82 |
| September 2024 | ₹21,065.88 | ₹16,204.53 |
| October 2024 | ₹24,783.39 | ₹19,064.15 |
| November 2024 | ₹26,022.56 | ₹20,017.36 |
| December 2024 | ₹26,543.01 | ₹20,417.70 |
The table provides the projected Maruti Suzuki share price targets for the year 2024. The maximum price target is anticipated to reach ₹26,543.01 in December, while the minimum price target is estimated at ₹13,754.80 in May. These projections suggest a potential return on investment for shareholders. However, it is important to note that the prices exhibit some volatility throughout the year, with fluctuations between bullish and bearish trends. Investors should closely monitor the market conditions and company performance to make informed decisions.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹27,073.87 | ₹20,826.06 |
| February 2025 | ₹28,498.82 | ₹21,922.17 |
| March 2025 | ₹29,923.76 | ₹23,018.27 |
| April 2025 | ₹26,717.64 | ₹20,552.03 |
| May 2025 | ₹24,288.76 | ₹18,683.66 |
| June 2025 | ₹26,717.64 | ₹20,552.03 |
| July 2025 | ₹25,445.37 | ₹19,573.36 |
| August 2025 | ₹26,505.59 | ₹20,388.92 |
| September 2025 | ₹27,830.87 | ₹21,408.36 |
| October 2025 | ₹29,500.73 | ₹22,692.87 |
| November 2025 | ₹31,565.78 | ₹24,281.37 |
| December 2025 | ₹32,197.09 | ₹24,766.99 |
The table outlines the projected Maruti Suzuki share price targets for the year 2025. The maximum price target is expected to reach ₹32,197.09 in December, while the minimum price target is estimated to be ₹18,683.66 in May. These targets provide insight into the potential price range for the company’s shares in 2025. On average, the target prices indicate an upside potential for investors, with an expected upward trajectory in share value throughout the year. It is worth noting that these projections are subject to market conditions and can be influenced by various factors.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹18,958.71 | ₹7,473.08 |
| 2024 | ₹26,543.01 | ₹15,351.18 |
| 2025 | ₹32,197.09 | ₹20,552.03 |
| 2026 | ₹22,537.97 | ₹15,776.58 |
| 2027 | ₹19,157.27 | ₹13,410.09 |
| 2028 | ₹34,483.09 | ₹24,138.16 |
| 2029 | ₹70,833.61 | ₹49,583.52 |
| 2030 | ₹78,882.88 | ₹55,218.02 |
The projected Maruti Suzuki share price targets for the years 2026 to 2030 indicate potential fluctuations in the company’s stock value. In 2026, the share price target is expected to range between ₹22,537.97 and ₹15,776.58. By 2028, the target prices are projected to increase significantly, reaching a maximum of ₹34,483.09 and a minimum of ₹24,138.16. Further growth is anticipated in 2029 and 2030, with the maximum target price predicted to reach ₹70,833.61 and ₹78,882.88, respectively. These targets provide investors with an outlook on the potential future performance of Maruti Suzuki’s shares. However, it is crucial to note that these projections are subject to market conditions and can be influenced by various factors, so investors should exercise caution and conduct their own research before making any investment decisions.
Financial Condition of Maruti Suzuki: Last 5 years
| Narration | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Mar-23 |
| Sales | 86,068.50 | 75,660.00 | 70,372.00 | 88,329.80 | 1,17,571.30 |
| Expenses | 75,012.20 | 68,305.00 | 64,961.40 | 82,577.80 | 1,06,553.60 |
| Operating Profit | 11,056.30 | 7,355.00 | 5,410.60 | 5,752.00 | 11,017.70 |
| Other Income | 2,664.20 | 3,410.40 | 3,046.30 | 1,860.80 | 2,318.10 |
| Depreciation | 3,020.80 | 3,528.40 | 3,034.10 | 2,789.00 | 2,825.70 |
| Interest | 75.90 | 134.20 | 101.80 | 126.60 | 187.00 |
| Profit before tax | 10,623.80 | 7,102.80 | 5,321.00 | 4,697.20 | 10,323.10 |
| Tax | 2,973.20 | 1,425.20 | 931.90 | 817.70 | 2,112.10 |
| Net profit | 7,649.10 | 5,676.00 | 4,389.10 | 3,879.50 | 8,211.00 |
| EPS | 253.20 | 187.88 | 145.29 | 128.42 | 271.80 |
| Price to earning | 26.35 | 22.82 | 47.21 | 58.88 | 30.51 |
| Price | 6,672.55 | 4,288.30 | 6,859.20 | 7,561.30 | 8,292.15 |
| RATIOS: | |||||
| Dividend Payout | 31.59% | 31.92% | 30.96% | 46.71% | 33.10% |
| OPM | 12.85% | 9.72% | 7.69% | 6.51% | 9.37% |
Maruti Suzuki’s financial bank statement from March 2019 to March 2023 reflects the company’s growth trajectory. Over these years, the company experienced fluctuations in revenue and expenses, ultimately leading to varying levels of profitability. Revenue growth was observed from ₹70,372.00 crore in March 2021 to ₹1,17,571.30 crore in March 2023, indicating a substantial increase. Profit after tax (PAT) also showed a positive trend, with a maximum of ₹8,211.00 crore in March 2023. The company’s net profit and earnings per share (EPS) witnessed growth as well. Despite some fluctuations, Maruti Suzuki managed to maintain a relatively stable dividend payout ratio, ranging between 30.96% and 46.71%. Overall, the financial statement reflects the company’s ability to generate consistent revenue and profit growth, albeit with variations across different fiscal years.
Sharekhan on Maruti Suzuki share price target
Sharekhan has given a buy call on Maruti Suzuki. According to him, you can continue buying Maruti Suzuki share with a target price of Rs11000.
Motilal Oswal on Maruti Suzuki share price target
Motilal Oswal has given a buy call on Maruti Suzuki. According to him, you can continue buying Maruti Suzuki share with a target price of Rs10100.
FAQS
The projected share price targets for Maruti Suzuki range from ₹18,958.71 (2023) to ₹78,882.88 (2030).
Factors like income growth, profit after tax (PAT), revenue growth, and profit growth over the past years influence the projected share price targets.
Based on the provided data, the share price target for Maruti Suzuki in 2025 does not reach ₹50,000. However, future market conditions may impact the actual share price.
How has Maruti Suzuki performed in terms of income growth?
Maruti Suzuki has demonstrated consistent income growth, with revenue reaching ₹1,17,571.30 crore in 2023.
What is the trend in Maruti Suzuki’s profit after tax (PAT)?
The profit after tax (PAT) has shown an upward trend, reaching ₹8,211.00 crore in 2023.
Has Maruti Suzuki experienced significant revenue and profit growth?
Yes, Maruti Suzuki has witnessed significant revenue and profit growth over the past years.
The share price targets for 2026-2030 range from ₹22,537.97 (2026) to ₹78,882.88 (2030).
Investors should consider factors like market conditions, company performance, and potential risks before making investment decisions.
Based on the company’s track record and growth potential, Maruti Suzuki shares present a compelling investment opportunity.
No, projected share price targets should be considered alongside other factors, and investors should conduct thorough research before making investment decisions.
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Conclusion
The share price targets for Maruti Suzuki from 2023 to 2030 present an interesting investment opportunity. The company has shown constant revenue growth over the last five years, with a maximum revenue of Rs. 1,17,571.30 crore in 2023. The profit after tax (PAT) figure increased as well, hitting $8,211.00 crore in the same year. Furthermore, the company’s good trajectory has been supported by strong revenue and profit growth. Looking ahead, the expected maximum prices for shares between 2026 and 2030 range from 22,537.97 to 78,882.88. This presents intriguing possibilities. Considering the company’s track record and development potential, Maruti Suzuki shares look to be an appealing investment opportunity for anyone seeking potential gains in the coming years.
