Maruti Suzuki sets results date as Citi rates Maruti Suzuki stock Buy

Published on 10/12/2026 at 09:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Maruti Suzuki schedules results for October 27, 2026, after September sales rose 24.40 percent. Maruti Suzuki stock has an INR 16,500 target.

Key points in brief

Maruti Suzuki has scheduled unaudited results for the quarter ended September 30, 2026, on October 27, 2026.
Citi rates Maruti Suzuki Buy with an INR 16,500 target, while its September-quarter revenue estimate is up 28.50 percent.
September total sales rose 24.40 percent year over year to 236,013 vehicles, including 44,219 exports.
The NSE-listed automaker reported June 2026 quarterly revenue of INR 524.7 billion and net income of INR 34.5 billion.

Maruti Suzuki, INE585B01010, Illustration mit AI erstellt.

Maruti Suzuki India Limited (INE585B01010) scheduled unaudited results for the quarter ended September 30, 2026, on October 27, 2026, while Citi rates Maruti Suzuki Buy with an INR 16,500 target dated October 8, 2026. Screener records the results date, and Financial Express reports the rating and target.

Three dated operating signals

On September 24, 2026, Maruti Suzuki's parent Suzuki Motor Corporation presented a technology strategy covering battery electric, hybrid, internal-combustion and compressed-natural-gas powertrains, with Indian production capacity targeted at 4 million units annually by fiscal year 2030. StockFin reports the strategy and its production target.

On October 1, 2026, the company reported September sales of 236,013 vehicles, including 185,252 domestic units, 6,542 supplied to other original equipment manufacturers and 44,219 exports. That total was 24.40 percent above September 2025. Maruti Suzuki supplied the figures.

On October 8, 2026, the company announced the October 27 results meeting. The scheduled disclosure will cover the July to September quarter, giving the market a dated checkpoint for volumes, revenue and profitability after the September sales release. StockFin reports the filing purpose and date.

What does Citi expect?

Citi's October 8 view combines an INR 16,500 target with a forecast for September-quarter revenue growth of 28.50 percent and volume growth of 26.50 percent. The same analysis expects earnings before interest, taxes, depreciation and amortization to decline 11.60 percent because commodity costs are pressuring margins, making the upcoming results a test of operating leverage. Financial Express carries the estimates.

Results and regulatory dates

The latest standardized quarterly data place revenue at INR 524.7 billion and net income at INR 34.5 billion for the quarter ended June 30, 2026. Revenue was higher than INR 524.6 billion in the preceding quarter, while net income declined from INR 36.6 billion, leaving margin performance as the key comparison for the September quarter.

The next dated company event is the October 27, 2026, results meeting. A Competition Commission of India hearing is scheduled for November 2, 2026, according to the October company update summarized by StockFin.

Market context for Maruti Suzuki

Maruti Suzuki is listed on the NSE under ticker MARUTI and operates in automobiles, manufacturing passenger vehicles, components and spare parts. Screener identifies the NSE listing, the BSE Sensex membership and the company's principal business.