CMP: 1390

Maruti Suzuki India Limited manufactures and exports automobiles. Maruti collaborated with Suzuki of Japan to produce affordable cars for the average Indian.

Maruti Suzuki is a decent bet in large-cap Auto space. Its currently trading at a P/E of 24. It runs at a debt of 309 Crores with over 2500 Crores of cash equivalents making it a safe bet. Revenues have grown robustly from 14,654 Crores to 36,300 Crores in the last 5 years. Profits have risen from 1562 Crores to 2289 Crores over the last 5 years. NPM has dipped from less than 11% to just over 6% over the last 5 years which does not make it a great long term buy. With the release of Maruti Ertiga, its a decent bet for short term.