MARUTI SUZUKI INDIA LTD vs BAJAJ AUTO LIMITED

MARUTI and BAJAJ-AUTO, both in Motor Vehicles. Monthly data through 2026-10-09. Change the comparison →

Price, rebased to 100

Share price change since Jan '19, the first month all 2 have a price: MARUTI +72%, BAJAJ-AUTO +292%.

65205346487Jan '19Aug '20Mar '22Oct '23May '25Oct '2665205346487Jan '19Aug '21Mar '24Oct '26

Rebased at 2019-01. Monthly closes from each company's history.

ROCE

5.0%16.3%27.7%39.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '265.0%16.3%27.7%39.0%Jan '19Aug '21Mar '24Oct '26
MARUTI SUZUKI INDIA LTD (MARUTI)BAJAJ AUTO LIMITED (BAJAJ-AUTO)

Months with a missing value are left as gaps.

Where the return came from

The share price return over 3 years, split into net profit growth, share count change and the change in P/E.

MARUTI Net profit growth: +58 pts+58 ptsShare count change: -4 ptsP/E change: -44 pts-44 pts +10% BAJAJ-AUT Net profit growth: +90 pts+90 ptsShare count change: +2 ptsP/E change: -3 pts +89%
Net profit growthShare count changeP/E changeUnexplained

MARUTI: share price rose 10% over 3 years: +58 pts from net profit growth, −44 pts from the P/E change, −4 pts from share count change.

BAJAJ-AUTO: share price rose 89% over 3 years: +90 pts from net profit growth, −3 pts from the P/E change, +2 pts from share count change.

Segments are percentage points of the price return: price = P/E × net profit ÷ share count. These are the same numbers each company's own page shows.

Rank within sector, month by month

Each cell is the company's percentile rank among its own sector peers that month. Darker is higher-ranked. Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

MARUTI SUZUKI INDIA LTD (MARUTI) · Consumer Durables

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

BAJAJ AUTO LIMITED (BAJAJ-AUTO) · Consumer Durables

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value.

Latest snapshot

MetricMARUTIBAJAJ-AUTO
Share Price₹11420.00₹9778.00
Market Cap₹3.59L cr₹2.73L cr
P/E25.6x25.5x
P/B3.4x7.8x
P/S1.8x4.3x
ROCE19.0%39.0%
ROE13.4%30.6%
Operating margin8.0%21.0%
Revenue (TTM), indexed to 100₹1.97L cr₹63392 cr
Net Profit (TTM)₹14039 cr₹10712 cr
Debt / Equity0.0x0.0x
Cash Conversion Cycle-19d-27d
Promoter holding58.6%55.0%
FII Holding12.8%9.0%
DII Holding25.1%13.4%
12M momentum-29.4%10.0%
Drawdown from Peak-31.6%-19.4%
Cash conversion (3Y)1.2x0.9x
Interest cover72.5x100.0x
Share Count Change (1Y)0.0%0.4%
Volatility (1Y)24.0%24.1%

Latest month in the data: 2026-10. Highlight marks the higher value, or the lower value for P/E, P/B, P/S, debt, working-capital days, share count change and volatility. It marks a number, not a better investment.

Comparison is descriptive and historical. Highlights mark the higher or lower value on a metric, not a better investment. Not investment advice; ApnaFunda is not a SEBI-registered research analyst.