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Maruti Suzuki IndiaBOM:532500 -2.18%92 Gross Margin % is 25.54% as of Mar. 2026, which is 14% above its 10-year median of 22.42. GuruFocus rates BOM:532500 with a GF Score™ of 92/100 and a GF Value™ of ₹16,288.87 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,307 Vehicles & Parts companies, Maruti Suzuki India ranks better than 63.43% on this metric.
The historical rank and industry rank for Maruti Suzuki India's Gross Margin % or its related term are showing as below:
BOM:532500'
s Gross Margin % Range Over the Past 10 Years
Min: 18.48 Med: 22.42 Max: 28.85
Current: 24.78
During the past 13 years, the highestGross Margin % of Maruti Suzuki India was 28.85%. The lowest was 18.48%. And the median was 22.42%.
BOM:532500's Gross Margin % is ranked better than 63.43% of 1307
companies
in the Vehicles & Parts industry
Industry Median: 19.89
vs BOM:532500: 24.78
Maruti Suzuki India had a gross margin of 25.54% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Maruti Suzuki India was 8.80% per year.
Maruti Suzuki India (BOM:532500) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Maruti Suzuki India had a gross margin of 25.54% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Maruti Suzuki India Gross Margin % Related Terms
Maruti Suzuki India Gross Margin % Historical Data
* Premium members only.
The historical data trend for Maruti Suzuki India's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BOM:532500 vs TSLA, GM, F: Gross Margin % Comparison
For the Auto Manufacturers subindustry, Maruti Suzuki India's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Maruti Suzuki India Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Maruti Suzuki India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Maruti Suzuki India's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Maruti Suzuki India (BOM:532500) has a Gross Margin % of 25.54% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Maruti Suzuki India and its competitors. This is 14% above median its historical median of 22.42. Over the past decade, Maruti Suzuki India's Gross Margin % has ranged from 18.48 to 28.85. According to the industry distribution chart, Maruti Suzuki India ranks #478 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 36.6%.
Is Maruti Suzuki India's Gross Margin % too high?
Maruti Suzuki India's current Gross Margin % of 25.54% is 14% above median its 10-year median of 22.42. Over the past 10 years, this metric has ranged from a low of 18.48 to a high of 28.85. The Vehicles & Parts industry median Gross Margin % is 19.89. Maruti Suzuki India's value of 25.54% is 28.4% above this industry median. Based on the distribution chart, Maruti Suzuki India ranks #478 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Maruti Suzuki India has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruti Suzuki India's Gross Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Maruti Suzuki India ranks #478 out of 1307 companies for Gross Margin %. This puts Maruti Suzuki India in the upper half of its industry. The industry median Gross Margin % is 19.89. Maruti Suzuki India's value of 25.54% is 28.4% above this benchmark. Historically, Maruti Suzuki India's own Gross Margin % has ranged from 18.48 to 28.85 over the past decade. While the company's 10-year median is 22.42 vs. the industry median of 19.89, Maruti Suzuki India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.89, based on 1,307 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maruti Suzuki India's current Gross Margin % of 25.54% is 28.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Maruti Suzuki India and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruti Suzuki India's current Gross Margin % is 25.54%, which is 14% above median its own 10-year median of 22.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruti Suzuki India stock overvalued right now?
Based on GuruFocus' analysis, Maruti Suzuki India (BOM:532500) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16,288.87, compared to a current price of ₹13,507.45 — trading 17.1% below its estimated fair value. The current Gross Margin % is 25.54%, which is 14% above median its 10-year median of 22.42 and 28.4% above the Vehicles & Parts industry median of 19.89. Maruti Suzuki India's overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Maruti Suzuki India (BOM:532500), the current Gross Margin % is 25.54% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Maruti Suzuki India (BOM:532500) Overvalued in 2026?
Based on GuruFocus' analysis, Maruti Suzuki India stock appears to be undervalued.
The current stock price of ₹13,507.45 is trading 17.1% below its estimated GF Value™ of ₹16,288.87.
GuruFocus considers Maruti Suzuki India to be Modestly Undervalued.
Key valuation signals for BOM:532500:
Gross Margin %: 25.54% (14% above median its 10-year median of 22.42)
GF Value™: ₹16,288.87 vs. price of ₹13,507.45 (17.1% below fair value)
Industry Position: 28.4% above the Vehicles & Parts median (#478 of 1307)
No single metric tells the full story. See the BOM:532500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp. The company is engaged in the manufacturing, purchase, and sale of motor vehicles, components, and spare parts. Its other activities include the facilitation of pre-owned car sales, fleet management, and car financing. The company manufactures various types of passenger vehicles and light commercial vehicles for its customers belonging to different income categories. Some of the vehicles manufactured by it are: WagonR, Dzire, Ertiga, Fronx (SUV), and others. Geographically, the company generates a majority of its revenue from its business in India and also engages in exports of its products to countries like Chile, Saudi Arabia, South Africa, Japan, Mexico, and others.
92GF Score
Get the complete analysis for BOM:532500
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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