Maruti Suzuki India (BOM:532500) Tax Expense: ₹44,390 Mil (TTM As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532500 Maruti Suzuki India Ltd BOM:532500
92 GF Score
Price ₹13,507.45
GF Value ₹16,288.87
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Maruti Suzuki India Tax Expense?

Maruti Suzuki India BOM:532500 -2.18% 92 Tax Expense is ₹44,390 Mil as of Mar. 2026. 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.

Maruti Suzuki India's tax expense for the months ended in Mar. 2026 was ₹12,594 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹44,390 Mil.


Maruti Suzuki India  (BOM:532500) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Maruti Suzuki India Tax Expense Related Terms


Maruti Suzuki India Tax Expense Historical Data

* Premium members only.

The historical data trend for Maruti Suzuki India's Tax Expense 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.

Maruti Suzuki India Tax Expense Chart

Maruti Suzuki India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,177.00 21,745.00 39,363.00 51,198.00 44,390.00

Maruti Suzuki India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,066.00 11,511.00 9,903.00 10,382.00 12,594.00
BOM:532500
92GF Score
Maruti Suzuki India Ltd BOM:532500
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruti Suzuki India Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹44,390 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₹44,390 Mil mean?
Maruti Suzuki India (BOM:532500) has a Tax Expense of ₹44,390 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Maruti Suzuki India and its competitors.
Is Maruti Suzuki India's Tax Expense too high?
Maruti Suzuki India's current Tax Expense is ₹44,390 Mil. 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 Tax Expense compare to TSLA and GM?
Maruti Suzuki India's Tax Expense of ₹44,390 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Vehicles & Parts company?
A good Tax Expense depends on the Vehicles & Parts industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Maruti Suzuki India and its competitors. Maruti Suzuki India's current Tax Expense is ₹44,390 Mil. 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 Tax Expense is ₹44,390 Mil. 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 Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Maruti Suzuki India (BOM:532500), the current Tax Expense is ₹44,390 Mil 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:

  • Tax Expense: ₹44,390 Mil
  • GF Value™: ₹16,288.87 vs. price of ₹13,507.45 (17.1% below fair value)
  • GF Score™: 92/100 with 1 warning sign

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 Business Description

Other Exchanges MARUTI:India
Address 1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070
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

Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹13,507.45
Price
₹16,288.87
GF Value