Maruti Suzuki shares gain 2% as firm approves ₹10,189 crore capacity expansion plan at Gujarat plant

The investment also includes some common infrastructure and facilities for future plants as well.

“The Board today approved the addition of the first phase of capacity of 250,000 vehicles per annum at Khoraj Industrial Estate,” Maruti Suzuki said in a regulatory filing.

This first phase of capacity of 250,000 vehicles per annum is expected to be added by 2029 subject to market conditions.

The total existing capacity is around 24 lakh units per annum in Gurugram, Manesar, Kharkhoda and Hansalpur, with a capability to produce 26 lakh units per annum. This includes the units produced at the erstwhile Suzuki Motor Gujarat Private Limited, which has been amalgamated with the company.

The expansion comes amid rising market demand, including exports.

In January this year, the company's board approved a ₹4,960-crore proposal to acquire land and expand its manufacturing capacity in Gujarat.

Maruti Suzuki share price

At close, Maruti Suzuki shares settled at ₹12,464 apiece on the National Stock Exchange, rising 0.88%.

Over a month’s time, the stock has slipped over 16%, while it has fallen 23% in the last six months. On a year-on-year basis, shares of Maruti Suzuki have gained 5%.

Shares of the firm had hit a 52-week high of ₹17,370 on January 5, 2026, and a 52-week low of ₹11,059.45 on April 7, 2025.

The company has a total market capitalisation of ₹3.93 crore, according to data on the NSE.

Maruti Suzuki Q3 earnings

The country's largest carmaker had reported a net profit of ₹3,794 crore in the third quarter of the current financial year (Q3FY26), marking an increase of nearly 4% from ₹3,659 crore in the same period last year.

Maruti Suzuki said that it incurred an exceptional expense of ₹594 crore on account of implementation of four new labour codes.

Maruti Suzuki's total revenue from operations during the October-December period rose 29% annually to ₹49,891 crore as against ₹38,752 crore in the year-ago period.

The Delhi-based company's EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation), also known as operating profit, rose 10% to ₹5,572 crore, but its EBITDA margin contracted by 190 basis points to 11.17%.