Maruti Suzuki Q4 FY26 Preview: Analysts Predict Revenue Growth Amid Margin Pressures
Maruti Suzuki Q4 preview: What to expect from country's largest carmaker
Business StandardImage: Business Standard
Maruti Suzuki India is set to announce its Q4 FY26 results on April 28, 2026. Analysts expect a year-on-year revenue growth of around 25-28%, driven by increased volumes and a favorable product mix, although margins may face pressure from rising costs.
- 01Analysts predict revenue growth of 25-28% year-on-year for Q4 FY26.
- 02Volume growth is expected to be around 1-2% sequentially.
- 03Average selling prices (ASPs) may rise by 1-2% due to a better product mix.
- 04Ebitda margins could contract by 20-50 basis points or improve by up to 93 basis points depending on cost factors.
- 05Key factors to watch include demand sustainability and the impact of recent price hikes.
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Maruti Suzuki India is anticipated to report its Q4 FY26 results on April 28, 2026. Analysts forecast a revenue growth of 25-28% year-on-year, driven by a 1-2% increase in volumes and improved average selling prices (ASPs) due to a richer product mix, including a higher share of exports and SUVs. Brokerages expect ASPs to rise by 1-2% sequentially. However, profitability remains a concern as rising input and logistics costs may pressure margins. Some analysts predict a contraction of 20-50 basis points in Ebitda margins, while others foresee potential expansion of up to 93 basis points due to operational efficiencies and reduced discounts. Key factors influencing the results will be the sustainability of demand and the effects of recent price hikes. As of 09:38 AM, Maruti Suzuki's stock was trading at ₹13,099 per share, a slight increase from the previous close.
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The revenue growth and product mix shift may lead to more job stability and investment in local manufacturing, benefiting employees and suppliers.
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