Maruti Suzuki Q1 Results FY27: Analyst Consensus Estimates, Predictions and Key Watchpoints
- June 23, 2026
- Posted by: Ankit Jaiswal
- Category: News
Maruti Suzuki Q1 Results FY27: FY27 prediction – Revenue Rs 44,705 Cr and PAT Rs 4,308 Cr per Trendlyne consensus (41 analysts). Q4 FY26 base: Revenue Rs 52,462 Cr | PAT Rs 3,659 Cr.
Maruti Suzuki Q1 Results FY27 expectations are shaped by two verified data sources: consolidated quarterly financial data for Q1 FY26 actuals, and Trendlyne’s analyst consensus from 41 analysts projecting 15.8% revenue growth and 13.6% profit growth. The Maruti Suzuki Q1 Results FY27 prediction of Rs 4,308 Cr PAT is derived by applying this Trendlyne consensus to the verified Q1 FY26 base – not a Univest projection. Prepared by Kunal Singla, Associate Director.
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Maruti Suzuki Q1 Results FY27 Prediction at a Glance
| Metric | Q1 FY26 Actual | Q1 Results FY27 Consensus Prediction | YoY Change | Source |
|---|---|---|---|---|
| Revenue (Rs Cr) | 38,605 | 44,705 | +15.8% | Trendlyne consensus (41 analysts) applied to Q1 FY26 verified actual |
| PAT (Rs Cr) | 3,792 | 4,308 | +13.6% | Trendlyne consensus (41 analysts) applied to Q1 FY26 verified actual |
| EBITDA Margin | Q4 FY26: 13.2% | Expansion expected | Recovery trend | Trendlyne analyst commentary |
| Avg Analyst Target | Rs 17,586 | 12-month view | – | Trendlyne (41 analysts) |
| Volume Growth | FY26: 24.22L units (record) | FY27 capacity addition | 5% CAGR FY25-27 | Kotak commentary via Trendlyne |
Q1 Results FY27 Revenue and PAT predictions are derived by applying Trendlyne’s published analyst consensus growth rates (Revenue: +15.8%, PAT: +13.6%, 41 analysts) to verified Q1 FY26 consolidated actuals. These are analyst consensus projections aggregated by Trendlyne (trendlyne.com/equity/consensus-estimates/842/MARUTI/) and are not Univest estimates. Q4 FY26 actuals: Revenue Rs 52,462 Cr | PAT Rs 3,659 Cr (consolidated quarterly financial data).
Maruti Suzuki Q1 Results FY27: What the Consensus Prediction Points To
The Maruti Suzuki Q1 Results FY27 consensus prediction from Trendlyne’s 41 analysts points to Revenue of Rs 44,705 Cr (15.8% growth) and PAT of Rs 4,308 Cr (13.6% growth). Three specific drivers underpin these Maruti Suzuki Q1 Results FY27 predictions.
Record domestic volumes creating revenue momentum. Maruti delivered FY26 domestic sales of 19,74,939 units – its highest ever – and exports of 4,47,774 units, also a record (source: company exchange filing). This volume base entering FY27 supports the 15.8% revenue growth in the Maruti Suzuki Q1 Results FY27 prediction. Analysts at Kotak noted through Trendlyne research reports that domestic volumes should clock a 5% CAGR over FY25-27 driven by income-tax cuts, rural demand recovery and new model launches. Q1 Results FY27 is the first quarter where this FY27 volume thesis gets tested.
EBITDA margin recovery after Q4 FY25 compression. EBITDA margin dropped to 10.5% in Q4 FY25 due to Kharkhoda plant costs and higher advertising spend (source: Trendlyne research reports, MOFSL commentary). The Maruti Suzuki Q1 Results FY27 prediction assumes margin recovery in FY27 as the new plant costs normalise and operating leverage improves with higher volumes. A Q1 Results FY27 EBITDA margin above 13% would be a positive signal for the full-year 13.6% PAT growth consensus.
EV launch (YY8) creating an additional growth catalyst. Maruti’s first electric vehicle – the YY8 – is expected to launch in FY27 (source: company exchange filing and management commentary). While the EV launch itself may not materially impact Q1 Results FY27 revenue, pre-booking momentum and management commentary on the EV pipeline in the Q1 Results FY27 earnings call will be closely watched by the 41 analysts behind the Trendlyne Maruti Suzuki Q1 Results FY27 consensus.
What Analysts Are Saying: Maruti Suzuki Q1 Results FY27 Predictions from Trendlyne
Trendlyne (trendlyne.com/research-reports/stock/842/MARUTI/) lists 32 research reports on Maruti Suzuki from 13 brokerage sources, with an average 12-month price target of Rs 17,586. The overall Trendlyne consensus from 41 analysts projects 15.8% revenue growth and 13.6% profit growth, forming the basis of the Maruti Suzuki Q1 Results FY27 prediction table above.
| Brokerage | Rating | Target | View on FY27 |
|---|---|---|---|
| Motilal Oswal | Buy | Rs 13,500 | “Domestic volumes to clock 5% CAGR over FY25-27 on income-tax cuts, rural demand and new launches.” |
| Goldman Sachs | Buy | Rs 14,500 | Positive on Maruti’s dominant CNG leadership and SUV portfolio recovery. |
| ICICI Securities | Buy | Rs 13,200 | FY27 capex of Rs 14,000 Cr for capacity addition positions Maruti for demand-led growth. |
| Kotak Institutional | Buy | – | “Domestic volumes 5% CAGR FY25-27; higher income levels, first-time buyer rebound, lower finance costs.” |
Source: Trendlyne (trendlyne.com) research reports and publicly available post-Q4 FY26 commentary. Ratings and targets are independent brokerage views, not Univest estimates. Targets shown are pre-Q4 FY26 in some cases – updated targets available on Trendlyne.
Company Guidance Behind the Maruti Suzuki Q1 Results FY27 Prediction
At the Q4 FY26 earnings call, Maruti Suzuki Chairman R. C. Bhargava stated that FY27 capital expenditure is estimated at Rs 14,000 Cr – the highest in the company’s history – to add capacity at Kharkhoda and a new site in Gujarat (source: company exchange filing and concall transcript). The company reached 100% capacity utilisation at its existing facilities, making the capacity addition a critical enabler for the Maruti Suzuki Q1 Results FY27 revenue prediction of Rs 44,705 Cr.
Maruti has not issued specific quarterly revenue or PAT guidance. The Maruti Suzuki Q1 Results FY27 prediction is therefore derived from Trendlyne’s 41-analyst consensus growth rates applied to verified Q1 FY26 actuals, and should be read alongside management’s qualitative guidance on volumes and capacity.
Key Watchpoints for the Maruti Suzuki Q1 Results FY27
EBITDA Margin Recovery
The primary watchpoint for the Maruti Suzuki Q1 Results FY27 is whether EBITDA margin recovers toward 13-14% after the Q4 FY25 compression to 10.5% (source: MOFSL commentary via Trendlyne). The 13.6% PAT growth in the Maruti Suzuki Q1 Results FY27 consensus prediction requires margin to hold above 13%. Lumpy costs from the Kharkhoda plant ramp-up remain the key risk to margin in Q1 Results FY27.
Volume and Realization in Q1 Results FY27
FY26 set a record of 24.22 lakh units in total volume (source: company exchange filing). The Maruti Suzuki Q1 Results FY27 watchpoint is whether Q1 Results FY27 sustains volume momentum and whether average selling price (realization per unit) improves with higher SUV and CNG mix. UV mix declining sequentially was flagged as a margin headwind in Q4 FY25 (source: MOFSL via Trendlyne). Any improvement in FY27 would strengthen the Maruti Suzuki Q1 Results FY27 prediction.
YY8 EV Launch Timeline
Maruti’s YY8 electric SUV is expected to launch in FY27 (source: management commentary and company exchange filing). For the Maruti Suzuki Q1 Results FY27, the key catalyst is not the launch itself but the pre-booking data and management commentary on consumer uptake – which will indicate whether Maruti can meaningfully participate in the EV segment that has so far been dominated by Tata and Hyundai.
Risks to the Maruti Suzuki Q1 Results FY27 Consensus Prediction
Kharkhoda Plant Cost Overrun
The new Kharkhoda plant ramp-up created lumpy cost headwinds in FY26 results. If similar costs persist in Q1 Results FY27, EBITDA margin could remain compressed, pulling actual PAT below the Maruti Suzuki Q1 Results FY27 consensus prediction of Rs 4,308 Cr. This is the single most cited near-term risk across Trendlyne analyst commentary.
Competitive Pressure in SUV Segment
Tata Motors, Hyundai and Kia have taken SUV market share from Maruti since FY22. While Maruti has stabilised with Grand Vitara and Brezza, any further market share loss in the SUV segment – which commands higher margins – would compress the EBITDA recovery assumed in the Maruti Suzuki Q1 Results FY27 prediction.
Q4 FY26 Baseline for the Maruti Suzuki Q1 Results FY27 Prediction
The Maruti Suzuki Q1 Results FY27 consensus prediction uses Q1 FY26 actuals – Revenue Rs 38,605 Cr (+7.9% YoY) and PAT Rs 3,792 Cr (+0.9% YoY) – as the base. Q4 FY26 actuals were Revenue Rs 52,462 Cr and PAT Rs 3,659 Cr per consolidated quarterly financial data, providing the most recent business context.
Maruti Suzuki Q1 Results FY27: Conclusion
The Maruti Suzuki Q1 Results FY27 consensus prediction from Trendlyne’s 41 analysts points to Revenue of Rs 44,705 Cr and PAT of Rs 4,308 Cr. The prediction is anchored on verified Q1 FY26 actuals and Trendlyne’s published consensus growth rates – with no Univest projections. When Maruti Suzuki Q1 Results FY27 are declared, investors can benchmark actual performance against this consensus prediction and the Q1 FY26 base. Track Maruti Suzuki live on Univest for Q1 Results FY27 result alerts.
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Disclaimer: Revenue and PAT actuals are sourced from consolidated quarterly financial data. Q1 Results FY27 estimates are derived by applying Trendlyne’s published analyst consensus growth rates to verified Q1 FY26 actuals – these are analyst consensus projections aggregated by Trendlyne and are not Univest estimates. Analyst ratings and targets are from Trendlyne (trendlyne.com). Investments in securities are subject to market risk. For educational purposes only. SEBI RA INH000013776.
Frequently Asked Questions on Maruti Suzuki Q1 Results FY27
What is the PAT prediction for Maruti Suzuki Q1 Results FY27?
Ans. The Maruti Suzuki Q1 Results PAT consensus prediction is Rs 4,308 Cr, derived by applying Trendlyne’s 13.6% profit growth consensus (41 analysts) to Q1 FY26 verified PAT of Rs 3,792 Cr. This is a Trendlyne analyst consensus, not a Univest estimate.
What is the Revenue prediction for Maruti Suzuki Q1 Results FY27?
Ans. The Maruti Suzuki Q1 Results Revenue consensus prediction is Rs 44,705 Cr, derived by applying Trendlyne’s 15.8% revenue growth consensus (41 analysts) to Q1 FY26 verified Revenue of Rs 38,605 Cr from consolidated quarterly financial data.
Where are the Maruti Suzuki Q1 Results FY27 consensus predictions sourced from?
Ans. The Maruti Suzuki Q1 Results predictions are derived from Trendlyne’s published analyst consensus (trendlyne.com/equity/consensus-estimates/842/MARUTI/). Revenue growth of 15.8% and profit growth of 13.6% from 41 analysts are applied to verified Q1 FY26 actuals from consolidated quarterly financial data.
What were Maruti Suzuki Q4 FY26 actuals before the Maruti Suzuki Q1 Results FY27 period?
Ans. Maruti Suzuki Q4 FY26 consolidated Revenue was Rs 52,462 Cr (+28.2% YoY) and PAT was Rs 3,659 Cr (-6.4% YoY) per consolidated quarterly financial data. FY26 domestic volume was a record 19,74,939 units.
What is the analyst price target cited in the Maruti Suzuki Q1 Results FY27 prediction article?
Ans. Trendlyne’s consensus from 41 analysts gives an average 12-month price target of Rs 17,586 for Maruti Suzuki. Across 32 reports from 13 sources on Trendlyne, most brokers maintain a Buy rating. Full targets and reports are on Trendlyne.
What are the risks to the Maruti Suzuki Q1 Results FY27 PAT prediction of Rs 4,308 Cr?
Ans. The two key risks to the Maruti Suzuki Q1 Results PAT prediction are: Kharkhoda plant ramp-up costs persisting into Q1 Results FY27, which compressed EBITDA margin to 10.5% in Q4 FY25 per MOFSL via Trendlyne; and continued competitive pressure in the SUV segment from Tata, Hyundai and Kia which could limit market share recovery and realization improvement.
What does Maruti Suzuki management guidance mean for the Maruti Suzuki Q1 Results FY27 prediction?
Ans. At Q4 FY26 results, Maruti guided FY27 capex of Rs 14,000 Cr – its highest ever – for capacity addition at Kharkhoda and a new Gujarat facility (source: company exchange filing). The Maruti Suzuki Q1 Results prediction of Rs 44,705 Cr Revenue requires this capacity to ramp up. Maruti has not issued specific quarterly revenue guidance.
