Comparative Financial and Strategic Analysis of Selected Companies in the Indian Auto (Four-Wheeler) Sector (International Journal of Creative and Open Research in Engineering and Management)

Summary

• Mahindra & Mahindra reports revenue of Rs. 2,03,175 crore, ahead of Maruti Suzuki at 1,87,673 crore.p.12
• Maruti Suzuki has the highest market capitalisation at Rs. 4,35,573 crore, ahead of Mahindra & Mahindra at Rs. 3,89,150 crore.p.13
• Hyundai Motor India records the highest ROCE at 38.4% and, among comparable firms, the highest ROE at 29.9%.p.13
• Maruti Suzuki and Hyundai operate with virtually no debt, with debt-equity of 0.00 and 0.05, while Ashok Leyland has the highest at 4.49.p.14
• Mahindra & Mahindra doubled its passenger vehicle share from 7% to 14%, while Maruti Suzuki lost about six percentage points.p.15
• Hyundai's market share declined from 17% in FY2021 to 13.5% in FY2025.p.10

Key insights

1. Tata Motors Passenger Vehicles reports a very low ROCE of 2.73%, reflecting weak operating capital efficiency during its investment phase.p.14
2. Ashok Leyland has the highest current ratio at 1.32, followed by Hyundai at 1.15.p.14
3. Tata Motors rose from 8% to a peak of 14% in FY2023 before easing to 13%.p.15
4. Mahindra & Mahindra reports net profit of 18,622 on revenue of 2,03,175, the highest among the firms.p.12
5. Maruti Suzuki has the highest EPS among comparable firms at Rs. 116.4.p.14
6. Maruti Suzuki has a network of more than 4,000 sales outlets and 5,000 service touchpoints.p.9
7. Mahindra has higher revenue and profit than Maruti Suzuki but a lower valuation.p.13