Maruti Suzuki India Limited has reported its highest-ever annual sales of 24.22 lakh vehicles for the fiscal year 2025-26 (FY26), alongside record exports of 4.47 lakh units. The company, which achieved the 2 million sales mark for the third consecutive year, attributes this momentum to a revival in the small car segment, a strengthening SUV portfolio, and robust export performance. Management is optimistic about reaching its next million-vehicle sales milestone earlier than anticipated, supported by simultaneous growth drivers across multiple segments.

The release of the Annual Integrated Report 2025-26, themed "The Next Million, New Momentum," coincides with significant strategic updates on capacity expansion and sustainable fuel initiatives. Maruti Suzuki’s Board approved the construction of four biogas plants in the first phase at a cost of ₹561 crore. This initiative aims to produce zero-emission fuel from locally available resources, substituting imported CNG and reducing reliance on coal for electricity generation. Chairman R. C. Bhargava highlighted that these efforts align with India's journey toward Net Zero, leveraging biogas as a clean, renewable energy source with zero import content.

Capacity Expansion and Product Strategy

Reflecting confidence in the medium-term outlook, Managing Director & CEO Hisashi Takeuchi announced accelerated capacity expansion plans. During FY 2026-27, the company added 500,000 units of manufacturing capacity to meet evolving customer expectations. To further strengthen its market position, Maruti Suzuki plans to introduce seven new SUVs over the next five to six years. This product pipeline underscores the company's focus on high-growth segments while maintaining its multi-powertrain strategy.

Market Outlook and Shareholder Context

Chairman R. C. Bhargava estimated that the Indian car industry would grow to 6.1 to 6.3 million units by FY 2030-31, with the small car market growing significantly faster than its pace over the last five years. He noted that recent GST reforms have provided new impetus to the automobile sector and broader economy.

This disclosure precedes the company's 45th Annual General Meeting (AGM), scheduled for August 31, 2026. The meeting will be conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM). Key agenda items include the adoption of standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the declaration of a record dividend of ₹140 per equity share. Shareholders without registered email addresses have been issued letters with web-links to access the Annual Report, ensuring equitable access to financial statements as per Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

What the Numbers Show

The record sales figure of 24.22 lakh vehicles marks a significant operational achievement, demonstrating resilience despite broader economic uncertainties. The simultaneous push into biogas production signals a long-term strategic shift toward energy independence and sustainability, potentially reducing future exposure to volatile fossil fuel prices. With capacity expansion underway and a robust product pipeline, Maruti Suzuki is positioning itself to capture a larger share of the projected 6.3 million unit market by FY 2030-31.

Maruti Suzuki India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the stock exchanges on 8th August 2026, in compliance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report is prepared on a standalone basis and covers the period from 1 April 2025 to 31 March 2026. Notably, following the amalgamation of Suzuki Motor Gujarat Private Limited (SMG) with MSIL, effective 1 December 2025 with an appointed date of 1 April 2025, all comparative figures for FY 2024-25 have been restated for comparability.

Company Overview and Financial Profile

Maruti Suzuki India Limited, incorporated in 1981 and headquartered at 1, Nelson Mandela Road, Vasant Kunj, New Delhi-110070, is India's largest passenger vehicle manufacturer. The company's paid-up capital stands at H 1,572 million, with a turnover of H 1,832,661 million and a net worth of H 1,051,098 million for FY 2025-26. The company's vehicles are offered through three channels — Nexa, Arena, and Commercial — and it operates across 36 locations nationally (28 states and 8 Union territories) and exports to 120 countries. Exports accounted for 19.38% of total turnover during the reporting period.

Business Activities and Product Mix

The company's two primary revenue-generating activities, accounting for 90% of turnover, are the manufacture of motor vehicles and the sale of motor vehicle parts and accessories.

Workforce Composition

As at the end of FY 2025-26, the company's total workforce comprised 21,200 employees and 49,328 workers. Women represented 6.88% of total employees and 0.32% of total workers. The Board of Directors had 25% female representation (3 out of 12 directors) as on 31st March 2026.

All permanent and other-than-permanent employees and workers are covered under health and accident insurance. The return-to-work rate for permanent employees who took parental leave was 100%, with a retention rate of 98.46%.

Environmental Performance and Sustainability Targets

Maruti Suzuki has committed to supporting India's Net Zero ambition by 2070 and has set a range of short, medium, and long-term targets. Key environmental achievements in FY 2025-26 include:

• Renewable Electricity: Renewable sources accounted for 22.8% of total electricity consumption at manufacturing facilities. Installed solar capacity stood at 79.1 MWp, complemented by a Hybrid Renewable Energy PPA of over 42 MW at the Hansalpur facility. The Kharkhoda plant transitioned to 100% renewable electricity in March 2026.
• Fleet Emissions: Against a CAFE target of 110.93 g CO2/km, the company achieved average fleet emissions of 99.56 g CO2/km in FY 2025-26.
• Vehicle Recyclability: Achieved average recyclability of 92% and recoverability of 99%, exceeding the targets of 85% recyclability and 95% recoverability.
• Rail Logistics: Railway dispatches increased to 613,897 vehicles in FY 2025-26, taking the rail share in total dispatches to 26.5%, up from 24.4% in FY 2024-25.
• Waste Management: 100% of non-hazardous waste was recycled, and nearly 100% of hazardous waste was either recycled or co-processed, maintaining zero waste to landfill.
• Water: Nearly two-thirds of total water requirement is met through recycled water, with zero use of groundwater for manufacturing operations and zero liquid discharge maintained across facilities. Gurugram and Manesar facilities achieved water positivity indices of 1.90 and 1.23 respectively in FY 2025-26.
• Compressed Biogas (CBG): A 0.7 TPD CBG plant is operational at the Manesar facility; a 10 TPD CBG plant is under construction at the Kharkhoda facility, scheduled for commissioning by 2027.
• Plastic Packaging: Over 20% of packaging material for Knocked Down (KD) kits and components is being reused; more than 2,819 MT of plastic packaging was recycled in FY 2025-26.
• End-of-Life Vehicles: Through the joint venture Maruti Suzuki Toyotsu India Private Limited (MSTI), the company enabled reclaiming 3,766.20 MT of steel, 301.30 MT of aluminium, and 44.59 MT of E-waste in FY 2025-26.

The company has set a target to increase the share of renewable electricity to approximately 85% by FY 2030-31 and to increase solar power generation capacity to 319 MWp by FY 2030-31.

Safety Performance

Safety incidents declined in FY 2025-26 compared to the previous year. Key safety metrics are presented below:

100% of the company's plants and offices were assessed for health and safety practices and working conditions during the year.

CSR and Inclusive Development

The company undertook a wide range of CSR activities during FY 2025-26, with a total of 832,585 beneficiaries across its projects, of which 23.16% were from vulnerable and marginalised groups. Key CSR initiatives included road safety, vocational training, healthcare, and community development. The company also undertook CSR spending across multiple aspirational districts identified by government bodies, including districts in Andhra Pradesh, Bihar, Jharkhand, Madhya Pradesh, Rajasthan, and Uttarakhand.

During FY 2025-26, 1,545 girl students received vocational training through Japan-India Institutes for Manufacturing (JIMs), government ITIs, and Automobile Skill Enhancement Centres (ASECs). Additionally, 33,258 women received driving training across Institutes of Driving and Traffic Research (IDTRs) and Road Safety Knowledge Centres (RSKCs).

Governance and Assurance

The BRSR has been independently assured by Bureau Veritas (India) Private Limited, which provided Reasonable Assurance on BRSR Core KPIs and Limited Assurance on other BRSR indicators for the period April 1, 2025 to March 31, 2026. The company's financial statements were assured by Price Waterhouse Chartered Accountants LLP. The Board-level Sustainability Committee, chaired by Mr. R. C. Bhargava, oversees the company's sustainability-related matters. The highest authority responsible for implementation and oversight of the Business Responsibility policies is Mr. Hisashi Takeuchi, Managing Director and CEO (DIN: 07806180).

There were no material fines, penalties, or non-monetary punishments by regulators, law enforcement agencies, or judicial institutions during FY 2025-26. The company reported zero data breaches during the year. One voluntary product recall was reported due to a possible defect in the steering gear box assembly.