Maruti Suzuki India Limited , the country's leading passenger vehicle manufacturer, has reported robust sales figures and expanded its delivery methods, showcasing strong performance in the automotive sector.

Railway Deliveries to Kashmir

Maruti Suzuki has made history by becoming the first automobile manufacturer to use Indian Railways for deliveries to the Kashmir region. The company dispatched over 100 vehicles, including popular models such as Brezza, Dzire, WagonR, and S-Presso, from its Manesar facility to Anantnag railway terminal in Jammu & Kashmir. The train journey covered more than 850 kilometers and crossed the world's highest railway arch bridge over the Chenab river.

Sales Performance

Maruti Suzuki announced total sales of 189,665 units, marking a 2.70% increase from the previous year. However, domestic sales saw a decline of 8.30% to 135,711 units.

Export Performance

The company's exports reached a record 42,204 units, showing a significant growth of 52.20%. This impressive export performance has contributed to the overall increase in total sales.

Festive Season Performance

During the first eight days of Navratri, Maruti Suzuki delivered 165,000 vehicles and received 350,000 bookings. The company currently has 250,000 pending bookings, indicating strong demand for its vehicles.

Segment-wise Performance

Compact cars showed growth, reaching 66,882 units. However, utility vehicles experienced a decline, with sales of 48,695 units, despite demand for multiple models in this segment.

Infrastructure Utilization

Maruti Suzuki is leveraging the PM GatiShakti National Master Plan by operating in-plant railway sidings at its Manesar and Gujarat facilities. This initiative aims to improve logistics efficiency and reduce transportation costs.

Conclusion

Maruti Suzuki's expansion into new delivery methods, coupled with strong sales figures and export growth, demonstrates the company's adaptability and market strength. Despite some challenges in domestic sales and specific segments, the overall performance and innovative approaches to logistics suggest a positive outlook for the automaker.

Maruti Suzuki India Limited , India's leading automobile manufacturer, reported a mixed sales performance for September, with total sales reaching 189,665 units. The company's performance was marked by a decline in domestic sales but a significant surge in exports.

Domestic Sales and Market Dynamics

Maruti Suzuki's domestic sales, including sales to other OEMs, stood at 147,461 units in September, representing a 6.1% decrease compared to 156,999 units in the same month last year. The passenger vehicle segment, which includes mini, compact, and utility vehicles, saw a decline of 8.4% year-on-year, selling 132,820 units compared to 144,962 units in September of the previous year.

Despite the overall decline, the company reported strong performance in certain segments:

• The compact segment, including popular models like Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, showed growth with 66,882 units sold compared to 60,480 units in the previous year.
• Light Commercial Vehicles (LCV) sales remained relatively stable at 2,891 units.
• Sales to other OEMs increased significantly to 11,750 units from 8,938 units last year.

Record-Breaking Exports

The highlight of Maruti Suzuki's September performance was its export figures. The company achieved an all-time monthly high in exports, shipping 42,204 units. This represents a substantial 52.2% increase from the 27,728 units exported in September of the previous year.

Festive Season Boost

Maruti Suzuki reported a strong start to the festive season. During the first eight days of Navratri, the company delivered 165,000 units, indicating robust consumer demand. The company also received 80,000 enquiries in a single day, further underlining the positive market sentiment.

Impact of Recent Price Cuts

Following price reductions announced on September 18, Maruti Suzuki witnessed a significant uptick in bookings. The company received 75,000 bookings, with daily bookings increasing by 50% to nearly 15,000. Notably, small car demand showed particular strength, with bookings rising by almost 50%.

Market Capitalization Milestone

Maruti Suzuki has achieved a remarkable milestone in terms of market valuation. With a market capitalization of $57.6 billion, the company has become the eighth most valuable carmaker globally, surpassing automotive giants such as Ford, General Motors, Volkswagen, and even its parent company, Suzuki Motor Corporation.

Stock Performance

Despite the mixed sales report, Maruti Suzuki's shares closed marginally lower at ₹15,970.00, down 0.37% on the day of the announcement.

Outlook

While domestic sales have seen a slight decline, the record-breaking export performance and strong festive season bookings indicate a positive trend for Maruti Suzuki. The company's strategic price cuts appear to be yielding results, particularly in the small car segment. As the festive season progresses, it remains to be seen how these factors will influence Maruti Suzuki's overall performance in the coming months.