maruti suzuki india 01 ltd

Maruti Suzuki India Ltd.Marginal Cost StatementRs in Crores 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08

Vehicles 8,408.80 10,448.30 12,563.80 13,866.10 16,136.70 19,799.00 Spares Parts/Dies & Moulds/Components 559.10 571.30 727.60 838.20 1,007.50 1,150.30 GROSS SALES 8,967.90 11,019.60 13,291.40 14,704.30 17,144.20 20,949.30 Spares Parts/Dies & Moulds/Components 6.23% 5.18% 5.47% 5.70% 5.88% 5.49%EXCISE 1,841.40 1,938.40 2,380.60 2,700.90 2,552.00 3,089.00 NET SALES 7,126.50 9,081.20 10,910.80 12,003.40 14,592.20 17,860.30 OPERATING OTHER INCOME 120.60 159.00 226.50 266.50 289.20 369.40 TOTAL OPERATING REVENUE 7,247.10 9,240.20 11,137.30 12,269.90 14,881.40 18,229.70

VARIABLE EXPENSESRMC/SALES 77.58% 75.62% 76.10% 74.51% 73.61% 74.16%RMC 5,259.00 6,634.90 8,141.90 8,877.90 10,137.40 13,034.20 PURCHASES OF FINISHED GOODS 308.50 351.20 443.70 464.40 615.90 777.10 TOOLS/MACHINERY SPARES CHARGED O 34.30 25.70 24.10 30.40 51.70 77.40 ROYALTY 112.90 113.40 198.60 254.40 367.30 495.20 TRANSPORTATION & DISTRIBUTION 75.90 118.80 113.30 106.90 137.60 161.80 CHANGE IN STOCK (INC)/DEC 54.90 1.40 (110.40) (199.70) 200.70 (291.70)TOTAL VARIABLE COST 5,845.50 7,245.40 8,811.20 9,534.30 11,510.60 14,254.00 TOTAL VARIABLE COST / SALES 80.66% 78.41% 79.11% 77.70% 77.35% 78.19%

FIXED EXPENSESEMP/Sales % 3.05% 3.22% 1.76% 1.86% 1.94% 1.95%EMPLOYEE COST 221.20 297.50 196.00 228.70 288.40 356.20 STORES, SPARES & TOOLS 41.50 51.60 64.60 82.40 109.70 147.00 POWER, FUEL, WATER 78.10 95.80 58.10 57.20 97.40 147.30 REPAIRS 15.80 19.50 28.10 58.90 43.80 50.80 RENT 3.80 4.60 5.50 6.10 6.50 7.20 RATES & TAXES 0.10 0.80 1.30 0.30 0.50 0.70 INSURANCE 6.60 7.10 6.90 6.30 6.50 7.30 BAD DEBTS PROVISION 0.30 - 3.20 1.00 - - ADVERTISEMENT & SALES PROMOTION 384.30 251.80 204.40 225.70 338.90 373.00 MISCELLANEOUS EXP 62.50 97.30 122.30 146.00 240.10 288.40 WARRANTY & PRODUCT RECALL 19.40 35.40 52.20 23.40 23.40 25.40 LESS: VEHICLES/DIES FOR OWN USE (4.10) (12.80) (22.40) (6.70) (14.30) (19.80)TOTAL FIXED COSTS 829.50 848.60 720.20 829.30 1,140.90 1,383.50 TOTAL FIXED COSTS / SALES 11.45% 9.18% 6.47% 6.76% 7.67% 7.59%

FINANCE CHARGES 51.80 43.40 36.00 20.40 37.60 59.60 NON OPERATING INCOME 103.70 148.40 142.50 196.10 286.10 337.80 DEPRECIATION 322.10 494.90 456.80 285.40 271.40 568.20 NET FIN CHARGES + DEP 270.20 389.90 350.30 109.70 22.90 290.00

FIXED COSTS + INT+ DEP 1,099.70 1,238.50 1,070.50 939.00 1,163.80 1,673.50 ABOVE AS A % OF SALES 15.17% 13.40% 9.61% 7.65% 7.82% 9.18%VARIABLE COST/SALES 80.66% 78.41% 79.11% 77.70% 77.35% 78.19%

CONTRIBUTION 1,401.60 1,994.80 2,326.10 2,735.60 3,370.80 3,975.70 CONTRIBUTION/SALES 19.34% 21.59% 20.89% 22.30% 22.65% 21.81%OPERATING MARGIN 7.89% 12.40% 14.42% 15.54% 14.98% 14.22%PBT MARGIN 4.11% 8.06% 11.13% 14.41% 14.55% 12.40%

BEP (Annual) 5,686.10 5,736.91 5,125.52 4,211.67 5,137.94 7,673.47 BEP (Monthly) 473.84 478.08 427.13 350.97 428.16 639.46 MARGIN OF SAFETY 21.54% 37.91% 53.98% 65.67% 65.47% 57.91%

PBT 301.90 756.30 1,255.60 1,796.60 2,207.00 2,302.20

OPERATING LEVERAGE 5.61 3.06 2.02 1.69 1.72 1.96 FINANCIAL LEVERAGE 0.83 0.86 0.92 0.90 0.89 0.88 COMBINED LEVERAGE 4.64 2.64 1.85 1.52 1.53 1.73

Deferred Expenditure 38.60 72.40 16.30 - - - Forex Fluctuation - Gain/(Loss) (4.10) (5.50) 11.80 (40.00) (9.40) 81.00 Profit/(Loss) on Sale of Assets/Investments 29.60 (1.10) (19.10) (12.00) 38.50 84.80 One Time Gain/(Loss) - - - - - (50.50)Prior Period Itmes - Profit/(Loss) (6.70) 92.50 72.90 5.40 43.70 85.50

BOOK PBT 282.10 769.80 1,304.90 1,750.00 2,279.80 2,503.00

CURRENT TAX 22.50 251.50 519.80 587.30 608.90 750.90 FRINGE BENEFIT TAX - - - 5.70 6.70 9.80 DEFERRED TAX 100.60 (23.80) (73.30) (32.10) 89.70 2.60 PROV. FOR EARLIER YEARS 12.60 - 4.80 - 12.50 8.90

BOOK PAT 146.40 542.10 853.60 1,189.10 1,562.00 1,730.80

MINORITY INTEREST - - - - - -

PAT AFTER MINORITY INTEREST 146.40 542.10 853.60 1,189.10 1,562.00 1,730.80

Maruti Suzuki India Ltd.Balance SheetRs in Crores 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08

SHARE HOLDERS FUNDSSH. CAPITAL 144.50 144.50 144.50 144.50 144.50 144.50 RESERVES AND SURPLUS 2,953.50 3,446.70 4,234.30 5,308.10 6,709.40 8,270.90 SH. HOLDERS FUNDS 3,098.00 3,591.20 4,378.80 5,452.60 6,853.90 8,415.40

LOAN FUNDSSECURED LOANS 300.00 311.90 307.60 71.70 63.50 0.10 UNSECURED LOANS 156.00 - - - 567.30 900.10 DEFERRED LIABILITY 207.10 183.30 110.00 77.90 167.50 170.10 TOTAL LOANS 456.00 311.90 307.60 71.70 630.80 900.20 GRAND TOTAL 3,761.10 4,086.40 4,796.40 5,602.20 7,652.20 9,485.70

APPL OF FUNDSFIXED ASSETSGROSS BLOCK 4,513.80 4,566.70 5,053.10 4,954.60 6,146.80 7,285.30 Less: DEPRECIATION 2,258.10 2,735.90 3,179.40 3,259.40 3,487.10 3,988.80 NET BLOCK 2,255.70 1,830.80 1,873.70 1,695.20 2,659.70 3,296.50 Add: CAPITAL W I P 9.30 74.90 42.10 92.00 250.70 736.30 TOTAL FIXED ASSETS 2,265.00 1,905.70 1,915.80 1,787.20 2,910.40 4,032.80 INVESTMENTS 1,113.00 1,952.90 2,534.90 3,570.90 4,755.60 5,213.80 Other Current Assets 59.80 75.10 68.30 45.80 38.40 33.10 INVENTORIES 487.00 439.80 666.60 881.20 701.40 1,038.00 Stores, Spares & Packing Material 66.50 61.00 72.40 75.70 91.70 98.90 Tools 7.40 4.40 8.20 12.30 17.90 14.70 Raw Materials 264.20 228.10 309.90 282.70 336.20 337.70 Work-in-progress 20.50 17.80 49.90 24.80 30.90 45.90 Finished Goods 128.40 128.50 226.20 485.70 224.70 540.80 SUNDRY DEBTORS 671.10 689.40 599.50 646.10 747.40 655.50 CASH & BANK BALANCES 39.40 40.20 79.40 51.60 114.80 324.00 LOANS & ADVANCES 575.50 573.90 608.20 642.30 924.10 1,040.30 Advances to Subsidiaries & Deposits - 0.50 - 123.90 - - Others 575.50 573.90 608.20 642.30 924.10 1,040.30 CURRENTS ASSETS 1,773.00 1,743.30 1,953.70 2,221.20 2,487.70 3,057.80 CURRENT LIABILITIES 1,478.60 1,531.80 1,608.00 1,977.10 2,501.50 2,818.70 NET WORKING CAPITAL 294.40 211.50 345.70 244.10 (13.80) 239.10 MISC EXP 88.70 16.30 - - - - PROFIT & LOSS DEBIT BALANCE - - - - - -

GRAND TOTAL 3,761.10 4,086.40 4,796.40 5,602.20 7,652.20 9,485.70 Balance Check - - - - - -

GROSS TURNOVER 8,967.90 11,019.60 13,291.40 14,704.30 17,144.20 20,949.30 NET TURNOVER 7,126.50 9,081.20 10,910.80 12,003.40 14,592.20 17,860.30 EXPORTS 620.40 941.00 982.30 583.90 578.10 741.30 DOMESTIC (NET) 6,506.10 8,140.20 9,928.50 11,419.50 14,014.10 17,119.00 OPERATING OTHER INCOME 120.60 159.00 226.50 266.50 289.20 369.40 TOTAL OPERATING REVENUES 7,247.10 9,240.20 11,137.30 12,269.90 14,881.40 18,229.70 NON OPERATING OTHER INCOME 103.70 148.40 142.50 196.10 286.10 337.80 OPERATING PROFIT 533.50 1,073.80 1,589.60 1,906.30 2,229.90 2,592.20 PBIDT 637.20 1,222.20 1,732.10 2,102.40 2,516.00 2,930.00 DEPRECIATION 322.10 494.90 456.80 285.40 271.40 568.20 PBIT 315.10 727.30 1,275.30 1,817.00 2,244.60 2,361.80 INTEREST 51.80 43.40 36.00 20.40 37.60 59.60 PBT 263.30 683.90 1,239.30 1,796.60 2,207.00 2,302.20 TAX 22.50 251.50 519.80 587.30 608.90 750.90 FRINGE BENEFIT TAX - - - 5.70 6.70 9.80 DEFERRED TAX 100.60 (23.80) (73.30) (32.10) 89.70 2.60 PAT (Calculated) 140.20 456.20 792.80 1,235.70 1,501.70 1,538.90 DIVIDEND 42.70 43.30 57.80 101.10 130.00 144.50 DIVIDEND TAX 5.50 5.60 8.20 14.20 21.90 24.80

NETWORTH 3,216.40 3,758.20 4,488.80 5,530.50 7,021.40 8,585.50 QUOTED INVESTMENTS 14.50 11.10 11.10 11.10 11.10 11.10 MKT. VALUE OF QUOTED INV. 50.80 150.90 200.10 289.80 270.40 219.50 AVG. CAPITAL EMPLOYED 2,550.10 2,296.20 2,130.85 2,079.35 2,292.60 3,090.75 DEBTORS > 6 MONTHS 76.70 73.60 45.40 47.40 101.70 112.80 CREDITORS (Goods & Expenses) 619.60 405.00 463.70 555.10 909.60 854.90 CONTINGENT LIABILITIESDisputed Tax - - - - - - Guarantees - - - - - - Future Lease Rent payable - - - - - - Liabilities on Capital Account - - - - - - Others - - - - - -

Maruti Suzuki India Ltd.Balance SheetRs in Crores 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08RATIOS:Operating Margin 7.36% 11.62% 14.27% 15.54% 14.98% 14.22%Exports / Net Sales 8.71% 10.36% 9.00% 4.86% 3.96% 4.15%Expenses / Sales RMC / Sales 77.58% 75.62% 76.10% 74.51% 73.61% 74.16%Tools & Machinery Spares / Sales 0.47% 0.28% 0.22% 0.25% 0.35% 0.42%Royalty / Sales 1.56% 1.23% 1.78% 2.07% 2.47% 2.72%Transportation & Distribution / Sales 1.05% 1.29% 1.02% 0.87% 0.92% 0.89%Employee Cost / Sales 3.05% 3.22% 1.76% 1.86% 1.94% 1.95%Consumable Stores / Sales 0.57% 0.56% 0.58% 0.67% 0.74% 0.81%Power, Fuel and Water / Sales 1.08% 1.04% 0.52% 0.47% 0.65% 0.81%Repairs / Sales 0.22% 0.21% 0.25% 0.48% 0.29% 0.28%MISC EXP / Sales 6.53% 4.16% 3.35% 3.28% 4.04% 3.74%

Fixed Asset Turnover Ratio (Times) 1.61 2.04 2.32 2.45 2.68 2.71 Capital Turnover Ratio (Times) 2.84 4.02 5.23 5.90 6.49 5.90 Working Capital Turnover Ratio (Times) 24.62 43.69 32.22 50.27 (1,078.36) 76.24 Working Capital to Capital Employed 11.54% 10.36% 15.58% 12.59% -0.52% 6.76%Net Block / Net Worth (Times) 0.70 0.49 0.42 0.31 0.38 0.38 Debt / Equity (Times) 0.14 0.08 0.07 0.01 0.09 0.10

Debt Collection Period 27.31 22.83 16.46 16.04 15.91 11.42 Credit Received Period 40.62 21.16 19.71 21.69 30.87 22.59 RMC Stock Turnover Period 17.32 11.92 13.17 11.04 11.41 8.92 Finished Goods Turnover Period 7.11 5.86 8.86 17.56 6.63 12.93 WIP Stock Stock Turnover Period 2.53 1.74 4.08 1.85 2.00 2.31 Stores and Spares Turnover Period 584.88 431.49 409.07 335.32 305.11 245.57 Gross Working Cycle 54.27 42.35 42.57 46.49 35.96 35.58 Net Working Cycle 13.65 21.19 22.86 24.81 5.08 12.99

CY Depreciation / Gross Block 7.14% 10.84% 9.04% 5.76% 4.42% 7.80%CY Depreciation / (Net Block + CY Dep.) 12.50% 21.28% 19.60% 14.41% 9.26% 14.70%Capital WIP / Gross Block 0.21% 1.64% 0.83% 1.86% 4.08% 10.11%Repairs / Gross Block 0.35% 0.43% 0.56% 1.19% 0.71% 0.70%Contribution / Gross Block 31.05% 43.68% 46.03% 55.21% 54.84% 54.57%Operating Profit / Gross Block 12.67% 25.10% 31.78% 38.48% 36.28% 35.58%Employee Cost / Gross Block 4.90% 6.51% 3.88% 4.62% 4.69% 4.89%

Investments / Capital Employed 30.31% 47.98% 52.85% 63.74% 62.15% 54.96%MV of Invest Less Debt ( Rs. Crs.) 693.30 1,780.80 2,416.30 3,777.90 4,384.10 4,522.00 Comp. RoCE based on Quoted Invst 8.52% 18.57% 28.10% 33.86% 33.38% 28.42%

Debtors > 6 Months / Total Debtors 11.43% 10.68% 7.57% 7.34% 13.61% 17.21%Bad Debts / Debtors 0.04% 0.00% 0.53% 0.15% 0.00% 0.00%Bad Debts / Net Sales 0.00% 0.00% 0.03% 0.01% 0.00% 0.00%Current Assets / Current Liabilities 1.20 1.14 1.21 1.12 0.99 1.08

Disputed Tax / Net Worth 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%Guarantees / Net Worth 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Business Return on Capital Employed 8.29% 25.21% 53.16% 77.95% 85.43% 65.49%Company Return on Capital Employed 8.60% 18.99% 29.15% 35.40% 34.77% 29.25%RONW 4.36% 13.08% 19.23% 24.67% 23.93% 19.72%PBT RONW 8.19% 19.61% 30.05% 35.86% 35.17% 29.50%

Current Tax / PBT 7.98% 32.67% 39.83% 33.89% 27.00% 30.39%Total Tax / PBT 43.64% 29.58% 34.22% 32.05% 30.94% 30.50%Non Operating Income To PBIDT 16.27% 12.14% 8.23% 9.33% 11.37% 11.53%Dividend / PAT 34.38% 10.72% 8.32% 9.33% 10.12% 11.00%Dividend / Net Worth 1.50% 1.30% 1.47% 2.08% 2.16% 1.97%

Value AddtionEmployee 221.20 297.50 196.00 228.70 288.40 356.20 Interest 51.80 43.40 36.00 20.40 37.60 59.60 Tax 14.23 203.02 463.04 526.55 538.35 658.04 PAT 140.20 456.20 792.80 1,235.70 1,501.70 1,538.90 Total 427.43 1,000.12 1,487.84 2,011.35 2,366.05 2,612.74 Total / Total Operating Revenues 5.90% 10.82% 13.36% 16.39% 15.90% 14.33%Employee 51.75% 29.75% 13.17% 11.37% 12.19% 13.63%Interest 12.12% 4.34% 2.42% 1.01% 1.59% 2.28%Tax 3.33% 20.30% 31.12% 26.18% 22.75% 25.19%PAT 32.80% 45.61% 53.29% 61.44% 63.47% 58.90%Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%Employee 3.05% 3.22% 1.76% 1.86% 1.94% 1.95%Lenders 0.71% 0.47% 0.32% 0.17% 0.25% 0.33%Govt. 0.20% 2.20% 4.16% 4.29% 3.62% 3.61%

Maruti Suzuki India Ltd.Balance SheetRs in Crores 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08Owners 1.93% 4.94% 7.12% 10.07% 10.09% 8.44%Total 5.90% 10.82% 13.36% 16.39% 15.90% 14.33%

2008-09 2009-10

144.50 144.50 9,200.40 11,690.60 9,344.90 11,835.10

0.10 26.50 698.80 794.90 155.10 137.00 698.90 821.40

### 12,793.50

8,720.60 10,406.70 4,649.80 5,382.00 4,070.80 5,024.70 861.30 387.60 4,932.10 5,412.30 4,971.40 7,261.40 98.10 84.80 902.30 1,208.80 119.40 131.00 15.20 21.90 552.70 636.40 48.90 40.10 166.10 379.40 918.90 809.90 239.00 98.20 1,632.80 1,570.70 - - 1,632.80 1,570.70 3,693.00 3,687.60 3,397.60 3,567.80 295.40 119.80 - - - -

### 12,793.50 - -

23,085.20 31,807.30 20,358.30 28,958.50 1,502.20 4,543.70 18,856.10 24,414.80 427.10 575.60 20,785.40 29,534.10 416.80 408.90 1,961.60 3,443.80 2,378.40 3,852.70 706.50 825.00 1,671.90 3,027.70 51.00 33.50 1,620.90 2,994.20 459.20 1,123.00 9.70 - (11.80) (28.10) 1,163.80 1,899.30 101.10 173.30 29.17% 7.99% 6.77% 8.50% 8.32% 8.35% 8.30% 17.20 28.80 3.76% 1.03% 0.96% 1.19% 1.40% 1.43% 1.41%

32.92% 9.02% 7.73% 9.70% 9.72% 9.78% 9.71% 9,500.00 11,972.10 11.10 11.10 108.70 215.10 3,950.90 4,755.35 93.90 36.20 2,569.60 2,318.10

- - - - - - - - - -

2008-09 2009-10

9.44% 11.66%7.38%

77.30% 76.48%0.35%3.27%1.41%2.27%0.95%0.93%0.27%3.82%

2.60 3.09 5.26 6.21 70.36 246.53

6.77% 2.33% 0.43 0.42 0.07 0.07

14.53 9.29 59.42 37.78 12.78 10.37 3.30 5.43 2.14 1.25 220.33 196.61 32.74 26.34 (26.67) (11.44)

8.10%14.79%

9.88%0.65%

42.13%22.49%

5.40%

48.74% 56.76% 4,370.10 6,644.00

18.18% 27.47%

10.22%0.41%0.02%

1.09

0.00%0.00%

31.77% 55.07%18.49% 27.85%12.87% 17.69%17.92% 27.89%

27.98% 35.69%27.28% 34.80%17.52% 10.61%10.16% 10.64%

1.25% 1.69%

471.10 51.00 352.28 1,163.80 2,038.18

9.81%23.11%

2.50%17.28%57.10%

100.00%2.27%0.25%1.69%

2008-09 2009-105.60%9.81%

Maruti Suzuki India Ltd.

U.O.M 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08

Installed CapacityPassenger cars & Light Vehicles Nos 350,000 350,000 350,000 350,000 450,000 520,000

Production Passenger cars & Light Vehicles Nos 359,960 472,908 540,409 572,127 667,048 777,017

UtilisationPassenger cars & Light Vehicles % 103% 135% 154% 163% 148% 149%

Sales QuantityPassenger cars & Light Vehicles Nos 362,253 472,122 536,301 561,819 674,924 764,842

Growth % 30.33% 13.59% 4.76% 20.13% 13.32%Gross Sales ValuePassenger Vehicles Rs. Crs 8,408.80 10,679.30 12,563.80 13,866.10 16,136.70 19,799.00 Spare Parts / Components Rs. Crs 529.40 582.40 672.00 815.00 930.30 1,102.60 Dies & Moulds Rs. Crs 29.70 22.30 55.60 23.20 7.20 47.70 Total Sales Rs. Crs 8,967.90 11,284.00 13,291.40 14,704.30 17,074.20 20,949.30

- (264.40) - - 70.00 - Gross Realisation Per Unit Passenger Cars & Light Vehicles Rs. 232,125 226,198 234,268 246,807 239,089 258,864

Sales CompositionPassenger Vehicles % 93.77% 94.64% 94.53% 94.30% 94.51% 94.51%Spare Parts / Components % 5.90% 5.16% 5.06% 5.54% 5.45% 5.26%Dies & Moulds % 0.33% 0.20% 0.42% 0.16% 0.04% 0.23%Total Gross Sales % 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Excise Rs. Crs 1,841 1,938 2,381 2,701 2,552 3,089

Breakup of ExcisePassenger Vehicles Rs. Crs 1,726.60 1,834.52 2,250.28 2,546.94 2,411.88 2,919.39 Spare Parts / Components Rs. Crs 108.70 100.05 120.36 149.70 139.05 162.58 Dies & Moulds Rs. Crs 6.10 3.83 9.96 4.26 1.08 7.03 Total Excise Rs. Crs 1,841.40 1,938.40 2,380.60 2,700.90 2,552.00 3,089.00

- - - - - - Net Sales ValuePassenger Vehicles Rs. Crs 6,682.20 8,844.78 10,313.52 11,319.16 13,724.82 16,879.61 Spare Parts / Components Rs. Crs 420.70 482.35 551.64 665.30 791.25 940.02 Dies & Moulds Rs. Crs 23.60 18.47 45.64 18.94 6.12 40.67 Total Net Sales Rs. Crs 7,126.50 9,345.60 10,910.80 12,003.40 14,522.20 17,860.30

Net Realisation Per Unit Rs. 184,462 187,341 192,308 201,473 203,354 220,694 Export Realisation Per Unit Rs. 192,432 183,879 200,883 167,865 147,118 139,805

RAW MATERIAL CONSUMEDQuantitySteel Coils MT 66,203 86,062 105,595 112,964 123,529 154,880 Ferrous Castings MT 10,004 16,522 21,395 18,175 22,844 23,624 Non - Ferrous Castings MT 7,444 7,989 9,680 10,136 10,880 13,260

ValueSteel Coils Rs. Crs 215.60 243.50 320.10 439.70 470.20 571.30 Ferrous Castings Rs. Crs 56.10 86.50 130.70 111.60 142.20 169.30 Non - Ferrous Castings Rs. Crs 175.60 160.10 187.60 231.70 202.40 234.40 Other Components Rs. Crs 4,744.70 6,066.30 7,409.90 7,993.90 9,205.10 11,930.20 Paints Rs. Crs 67.00 78.50 93.60 101.00 117.50 129.00 Total Rs. Crs 5,259.00 6,634.90 8,141.90 8,877.90 10,137.40 13,034.20

Other Components / RMC % 90.22% 91.43% 91.01% 90.04% 90.80% 91.53%

Cost per UnitSteel Coils Rs/MT 32,566.50 28,293.56 30,313.94 38,923.90 38,063.94 36,886.62 Ferrous Castings Rs/MT 56,077.57 52,354.44 61,089.04 61,403.03 62,248.29 71,664.41 Non - Ferrous Castings Rs/MT 235,894.68 200,400.55 193,801.65 228,591.16 186,029.41 176,772.25

Consumption of RMC & ComponentsValueImported Rs. Crs 1,343.60 1,353.80 1,603.50 1,666.00 1,280.30 1,413.80 Indigenous Rs. Crs 3,915.40 5,281.10 6,538.40 7,211.90 8,857.10 11,620.40 Total Rs. Crs 5,259.00 6,634.90 8,141.90 8,877.90 10,137.40 13,034.20

CompositionImported % 25.55% 20.40% 19.69% 18.77% 12.63% 10.85%Indigenous % 74.45% 79.60% 80.31% 81.23% 87.37% 89.15%Total Rs. Crs 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Opening StockPassenger cars & Light Vehicles Nos 8,231 5,736 6,546 10,403 20,378 11,976

Closing StockPassenger cars & Light Vehicles Nos 5,736 6,546 10,403 20,378 11,976 24,174

Units CapitalisedPassenger cars & Light Vehicles Nos 173 187 356 291 485 970

Units Purchased

Passenger cars & Light Vehicles Nos - 225 108 15 - 1,016

Units DamagedPassenger cars & Light Vehicles Nos 29 14 3 57 41 23

Maruti Suzuki India Ltd.

Particulars 2010-11 2009-10 2008-09 2007-08 2010-11 2009-10 2009-10 2008-09 Q1 Q1 Q1 Q1 YTD YTD Full Full

Gross Sales 8,980.48 6,956.42 5,436.52 4,602.18 18,967.39 14,687.94 31,807.30 23,140.14 Excise 929.81 616.16 705.49 688.51 1,979.62 1,298.10 2,848.83 2,726.86 Net Sales 8,050.67 6,340.26 4,731.03 3,913.67 16,987.77 13,389.84 28,958.47 20,413.28

YoY % 26.98 34.01 20.88 26.87 (53.76) 41.86 14.29 QoQ % (2.24) 0.51 (0.67)

Service Income 39.72 24.45 22.55 17.15 79.99 55.54 140.38 97.05 Operating Other Income 141.14 128.29 106.61 223.25 311.04 250.23 524.16 457.19 Total Operating Revenue 8,231.53 6,493.00 4,860.19 4,154.07 17,378.80 13,695.61 29,623.01 20,967.52

YoY % 26.78 33.60 17.00 26.89 (53.77) 41.28 13.12 QoQ % (2.29) 0.93 (1.68)

Non-Operating O.I 100.20 216.53 222.17 - 234.17 326.54 496.76 544.50 Total Income 8,331.73 6,709.53 5,082.36 4,154.07 17,612.97 14,022.15 30,119.77 21,512.02

2.35%Total Exp. 7,374.61 5,699.83 4,272.04 3,356.03 15,561.56 11,986.30 25,217.75 18,941.58 (Inc)/Dec in stock 54.94 (59.62) 33.42 (147.12) (93.27) (75.01) (193.31) 269.88 Raw Material 6,079.72 4,827.34 3,479.51 2,922.09 13,018.60 10,082.23 21,701.73 15,247.26 Purchase of F.G 275.57 187.33 177.14 182.03 560.53 403.37 904.99 725.57 Staff Cost 160.96 133.56 111.17 80.46 317.78 259.83 545.64 471.10 Royalty 410.58 228.25 137.20 - 882.58 489.08 1,049.55 674.96 Other Exp 392.84 382.97 333.60 318.57 875.34 826.80 1,209.15 1,552.81

Net Op. Profit 856.92 793.17 588.15 798.04 1,817.24 1,709.31 4,405.26 2,025.94 YoY % 8.04 34.86 (26.30) 6.31 (61.20) 117.44 (32.37)QoQ % (45.14) 39.08 (25.68)

PBIDT 957.12 1,009.70 810.32 798.04 2,051.41 2,035.85 4,902.02 2,570.44 YoY % (5.21) 24.61 1.54 0.76 (58.47) 90.71 (20.56)QoQ % (41.67) 49.42 (6.61)

Int 7.98 6.31 16.83 15.10 17.70 12.28 33.50 50.98 Gross Profit 949.14 1,003.39 793.49 782.94 2,033.71 2,023.57 4,868.52 2,519.46 Dep & Amortisation 241.70 196.09 166.06 82.20 479.89 399.20 825.02 706.53 PBT 707.44 807.30 627.43 700.74 1,553.82 1,624.37 4,043.50 1,812.93

YoY % (12.37) 28.67 (10.46) (4.34) (59.83) 123.04 (35.72)QoQ % (49.65) 71.86 (16.64)

Book PBT 643.03 807.30 609.53 700.74 1,489.41 1,624.37 4,043.50 1,675.87

Prior Period Income / (Expense) (64.41) - - - (64.41) - - 56.84 Derivative Losses - - 17.90 - - - - 17.90 Addl Depreciation - - - - - - - - Extra Ordinary Income / (Expens - - - - - - - (176.00)Subsidiary Loss - - - - - - - - Addl. Discount - - - - - - - -

Tax for Earlier Year - - - - - - - - Tax 177.67 223.76 143.68 202.53 425.81 470.83 797.31 457.20 Deferred Tax - - - (3.04) - - - - Fringe Benefit Tax - - - 1.65 - - - - PAT 465.36 583.54 465.85 499.60 1,063.60 1,153.54 3,246.19 1,218.67

YoY % (20.25) 25.26 (6.76) (7.80) (64.46) 166.37 (29.59)QoQ % (66.88) 140.01 56.49

PAT (Adjusted) 529.77 583.54 483.75 499.60 1,128.01 1,153.54 3,246.19 1,355.73 YoY % (9.21) 20.63 (3.17) (2.21) (64.46) 139.44 (34.09)QoQ % (62.30) 60.26 (22.46)

Equity Cap 144.46 144.46 144.46 144.46 144.46 144.46 - 144.46 Face Value 5.00 5.00 5.00 5.00 5.00 5.00 - 5.00

EPS (Rs.) 16.11 20.20 16.12 17.29 36.81 39.93 #DIV/0! 42.18 EPS Adjusted (Rs.) 18.34 20.20 16.74 17.29 39.04 39.93 #DIV/0! 46.92 NOPM % 10.41 12.22 12.10 19.21 10.46 12.48 14.87 9.66 PBIDT/Tot Inc. % 11.49 15.05 15.94 19.21 11.65 14.52 16.28 11.95 PBT/Tot Inc. % 8.49 12.03 12.35 16.87 8.82 11.58 13.42 8.43 Current Tax/PBT % 27.63 27.72 23.57 29.14 28.59 28.99 19.72 27.28 Total Tax/PBT % 27.63 27.72 23.57 28.70 28.59 28.99 19.72 27.28 RMC / Sales % 77.87 76.31 75.92 71.18 77.60 76.01 75.66 77.47 Staff/ Sales % 1.96 2.06 2.29 1.94 1.83 1.90 1.84 2.25 Other Exp/ Sales % 4.77 5.90 6.86 7.67 5.04 6.04 4.08 7.41 Excise / Sales % 11.55 9.72 14.91 17.59 11.65 9.69 9.84 13.36 EBIDTA % 11.49 15.05 15.94 19.21 11.65 14.52 16.28 11.95

Sold 283,324 226,729 192,584 169,669 596,978 472,917 730,943 792,167

Net Sales Per Car 284,150.65 279,640.45 245,660.59 230,665.00 284,562.75 283,132.98 396,179.59 257,689.10

Op.Profit Per Car 30,245.23 34,983.17 30,539.92 47,035.11 30,440.65 36,143.97 60,268.11 25,574.66

R.M.C. Per car 216,524.54 210,282.76 182,410.27 163,551.97 216,512.67 211,606.26 294,255.78 195,882.18

Royalty Per car 14,491.52 10,067.06 7,124.16 - 14,784.12 10,341.85 14,358.91 8,520.48

M43

Paurav Lakhani: Amount of 17.9 Cr. given in Quarterly Presentation.

Maruti Suzuki India Ltd.Cost SheetParticulars 2010-11 2009-10

Q2 Q1 Q4 Q3 Q2 Q1 Units Sold Passenger Cars & Light Vehicles 313,654 226,729 287,422 258,026 246,188 226,729

Net Sales Values (Rs. Crs.) 8,937.10 8,050.67 8,234.86 7,333.77 7,049.58 6,340.26 Passenger Cars & Light Vehicles 8,468.66 6,076.34 7,817.88 6,966.70 6,647.08 6,076.34 Spares & Accessories 468.44 1,974.33 416.98 367.07 402.50 263.92 Net Sales (Rs. Crs.) 8,937.10 8,050.67 8,234.86 7,333.77 7,049.58 6,340.26

Other Operating Income 210.17 180.86 189.69 169.08 153.03 152.74 Total Operating Revenue 9,147.27 8,231.53 8,424.55 7,502.85 7,202.61 6,493.00

YoY %QoQ % 11.12% 12.28% 4.17% 10.93%

Spares & Accessories / Vehicle Sal 5.53% 32.49% 5.33% 5.27% 6.06% 4.34%

Non-Operating Other Income 133.97 100.20 78.97 91.25 110.01 216.53 Total Income 9,281.24 8,331.73 8,503.52 7,594.10 7,312.62 6,709.53

RMC 6,790.67 6,134.66 6,140.49 5,360.71 5,239.50 4,767.72 Royalty 472.00 410.58 296.45 264.02 260.83 228.25 Other Variable Expenses 150.55 108.83 137.96 123.85 118.17 108.83 Total Variable Expenses 7,413.22 6,654.07 6,574.91 5,748.58 5,618.50 5,104.80 Total Variable Exp / Sales 81.04% 80.84% 78.04% 76.62% 78.01% 78.62%

Contribution 1,734.05 1,577.46 1,849.64 1,754.27 1,584.11 1,388.20 Contribution Margin % 18.96% 19.16% 21.96% 23.38% 21.99% 21.38%

Staff Cost 156.82 160.96 153.36 132.45 126.27 133.56 Other Fixed Expenses 616.91 559.58 134.25 487.91 541.70 461.47 Total Fixed Expenses 773.73 720.54 287.61 620.36 667.97 595.03

Operating Profit 960.32 856.92 1,562.04 1,133.91 916.14 793.17 Operating Profit Margin 10.50% 10.41% 18.54% 15.11% 12.72% 12.22%

PBIDT 1,094.29 957.12 1,641.01 1,225.16 1,026.15 1,009.70

Int 9.72 7.98 12.85 8.37 5.97 6.31 Dep & Amortisation 238.19 241.70 223.04 202.78 203.11 196.09

PBT 846.38 707.44 1,405.12 1,014.01 817.07 807.30

Less: Extraordinary Items - (64.41) - - - -

BOOK PBT 846.38 771.85 1,405.12 1,014.01 817.07 807.30

Taxes 248.14 177.67 - 326.48 247.07 223.76

PAT 598.24 594.18 1,405.12 687.53 570.00 583.54 YoY % 4.95% 1.82%QoQ % 0.68% -57.71% 104.37% 20.62% -2.32%

EPS 20.71 20.57 #DIV/0! 23.80 19.73 20.20

Cash Profit 836.43 835.88 1,628.16 890.31 773.11 779.63

Maruti Suzuki India Ltd.Cost SheetParticulars 2010-11 2009-10

Q2 Q1 Q4 Q3 Q2 Q1

Net Realization per Units Total 2 Wheelers 270,000 268,000 272,000 270,000 270,000 268,000

Expenses Per UnitRMC per unit 216,501.94 270,572.36 213,640.22 207,758.52 212,825.16 210,282.76 Royalty per unit 15,048.43 18,108.82 10,314.28 10,232.14 10,594.93 10,067.06 Other Variable Exp per unit 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00 Contribution per unit 55,285.32 69,574.71 64,352.85 67,988.18 64,345.35 61,227.31 Staff Cost per unit 4,999.78 7,099.22 5,335.71 5,133.20 5,129.01 5,890.73 Other Fixed Exp per unit 19,668.36 24,680.59 4,670.74 18,909.40 22,003.32 20,353.41

Operating Profit per unit 30,617.18 37,794.90 54,346.40 43,945.57 37,213.02 34,983.17 PBIDT per Unit 34,888.44 42,214.27 57,093.93 47,482.04 41,681.56 44,533.34

PBT per unit 26,984.51 31,202.01 48,886.83 39,298.75 33,188.86 35,606.38 PAT per unit 19,073.25 26,206.62 48,886.83 26,645.76 23,153.04 25,737.33

Equity Cap 144.46 144.46 - 144.46 144.46 144.46 Face Value 5.00 5.00 - 5.00 5.00 5.00

Expense RatiosRMC / Net Sales 74.24% 74.53% 72.89% 71.45% 72.74% 73.43%Rpyalty / Net Sales 5.16% 4.99% 3.52% 3.52% 3.62% 3.52%Other Variable Exp / Net Sales 1.65% 1.32% 1.64% 1.65% 1.64% 1.68%Staff Cost / Net Sales 1.71% 1.96% 1.82% 1.77% 1.75% 2.06%Other Fixed Exp / Net Sales 6.74% 6.80% 1.59% 6.50% 7.52% 7.11%Tax / PBT 29.32% 25.11% 0.00% 32.20% 30.24% 27.72%

Profitability RatiosContribution Margin 18.96% 19.16% 21.96% 23.38% 21.99% 21.38%Operating Margin 10.50% 10.41% 18.54% 15.11% 12.72% 12.22%PBT Margin 9.25% 8.59% 16.68% 13.51% 11.34% 12.43%PAT Margin 6.54% 7.22% 16.68% 9.16% 7.91% 8.99%

2009-10 2008-09 2007-08 Full Full Full

1,018,365 792,167 764,842

28,958.47 20,358.30 17,860.30 27,507.99 19,100.57 16,879.61 1,450.48 1,257.73 980.69 28,958.47 20,358.30 17,860.30

664.54 427.10 369.40 29,623.01 20,785.40 18,229.70

42.52% 14.02%

5.27% 6.58% 5.81%

496.76 416.80 337.80 30,119.77 21,202.20 18,567.50

21,508.42 16,067.20 13,519.60 1,049.55 679.10 495.20 488.82 365.10 239.20 23,046.79 17,111.40 14,254.00

77.80% 82.32% 78.19%

6,576.22 3,674.00 3,975.70 22.20% 17.68% 21.81%

545.64 471.10 356.20 1,625.33 1,241.30 1,027.30 2,170.97 1,712.40 1,383.50

4,405.26 1,961.60 2,592.20 14.87% 9.44% 14.22%

4,902.02 2,378.40 2,930.00

33.50 51.00 59.60 825.02 706.50 568.20

4,043.50 1,620.90 2,302.20

- (54.90) (200.80)

4,043.50 1,675.80 2,503.00

797.31 457.10 772.20

3,246.19 1,218.70 1,730.80 166.37% -29.59%

112.36 42.17 59.89

4,071.21 1,925.20 2,299.00

2009-10 2008-09 2007-08 Full Full Full

270,119 241,118 220,694

211,205.41 202,825.92 176,763.31 10,306.27 8,572.69 6,474.54 4,800.00 4,608.88 3,127.44 64,576.26 46,379.08 51,980.71 5,358.00 5,946.98 4,657.17 15,960.14 15,669.68 13,431.53

43,258.12 24,762.42 33,892.01 48,136.13 30,023.94 38,308.61

39,705.75 20,461.56 30,100.38 31,876.44 15,384.35 22,629.55

144.46 144.50 144.50 5.00 5.00 5.00

72.61% 77.30% 74.16%3.54% 3.27% 2.72%1.65% 1.76% 1.31%1.84% 2.27% 1.95%5.49% 5.97% 5.64%

19.72% 28.20% 33.54%

22.20% 17.68% 21.81%14.87% 9.44% 14.22%13.65% 7.80% 12.63%10.96% 5.86% 9.49%

Maruti Suzuki India Ltd.Particulars Units 2001-02 2002-03 2003-04 2004-05 2005-06

Net Sales & PATNet Sales Rs. Crs 7,068 7,254 9,081 10,911 12,003 PAT Rs. Crs 105 146 542 854 1,189

Key Margin RatiosEBIDTA Margin 8.20% 10.10% 15.20% 16.60% 17.10%PAT Margin 1.48% 2.02% 5.97% 7.82% 9.91%

P&L Ratio as % of SalesMaterial Cost 84.40% 82.30% 77.30% 78.10% 76.80%Employee Cost 3.50% 3.20% 3.30% 1.80% 1.90%Royalty 1.80% 1.60% 1.20% 1.80% 2.10%Mfg, Adm & Other Exp (incl Royalty) 5.00% 4.70% 4.20% 4.10% 5.20%Selling & Distribution Exp 2.60% 3.40% 4.40% 3.30% 3.00%Other Income 3.90% 4.20% 4.50% 4.10% 4.00%EBDITA 8.20% 10.10% 15.20% 16.60% 17.10%Interest 1.00% 0.80% 0.50% 0.30% 0.20%Depreciation 5.50% 5.20% 6.20% 4.30% 2.40%PBT 1.70% 4.10% 8.50% 12.00% 14.60%Effective Tax Rate 11.70% 48.10% 29.60% 34.60% 32.10%PAT 1.50% 2.10% 6.00% 7.80% 9.90%

Sales VolumeDomestic Nos. 340,182 330,175 420,947 487,402 527,038 Exports Nos. 12,233 32,240 51,175 48,899 34,784 Total Nos. 352,415 362,415 472,122 536,301 561,822

FOB Value of Exports 199.50 620.40 941.00 982.30 583.90 Realisation per Unit 163,083 192,432 183,879 200,883 167,865

Market ShareMaruti Nos. 340,182 330,175 420,947 487,402 527,038 Industry (A+C) Nos. 570,863 593,578 755,708 885,212 948,460 Maruti Share 59.59% 55.62% 55.70% 55.06% 55.57%

Network DetailsCities covered by Service Network - - - 1,052 1,092 Total Service Points - - - 1,995 2,096 MASSs - - - 1,512 1,568 Dealer Workshops - - - 483 528 Maruti TrueValue Outlets - - - 172 186 Cities covered by Sales Network - - - 197 227 Total Sales Network - - - 325 375

2007-08 FY 09 Q3

R&D Engineers 258 560

Note: Concall Q2 FY09

1 Advertisement & Sales Promotion Rs.88.4 Crs2 40% of Steel is imported from Korea & Japan (Majorly from Korea & Very Less from Japan)3 Debt Breakdown

560 Crores ECB400 Crores Banking Credit Loan, Supply against Export

1000 Crores Borrowings4 Capex Budget

2000 Crores for this yearAlready incurred 900 Crores, balance will be spend in 2nd Half

5 Currently, on car and Omni, we do not pay any royalty. Other than that we pay royalty on all other models.Royalty is paid as per the RBI formula, which is 5% on which we pay royalty

6 Manesar Plant capacity will reach 300,000 units by March7 Alto is around 30% of A2 Segment

Swift is around 10,000 units (Yearly, Quarterly or Monthly …..???)8 Manesar plant production in this quarter was about 47,000 units as compared to 32,000 units in the last year same period.

2006-07 2007-08 2008-09

14,592 17,860 20,358 16.9% 1,562 1,731 1,219 9.3%

17.70% 17.50% 12.00%10.70% 9.69% 5.99%

75.70% 76.40% 79.80%2.00% 2.00% 2.30%2.50% 2.80% 3.30%5.70% 6.30% 7.70%3.40% 3.10% 3.60%4.10% 5.00% 4.90%

17.70% 17.50% 12.00%0.30% 0.30% 0.20%1.90% 3.20% 3.47%

15.60% 14.00% 8.20%31.50% 30.90% 33.90%10.70% 9.70% 6.00%

2009-10 Q4 2009-10 635,629 711,818 722,144 870,783 245,382 39,295 53,024 70,023 147,575 42,040 674,924 764,842 792,167 1,018,358 287,422

578.10 741.30 1,502.20 4,862.00 1,283.00 147,118 139,805 214,530 329,460 305,186

635,629 711,818 722,144 1,159,499 1,304,396 1,299,768

54.82% 54.57% 55.56%

1,172 1,220 1,314 2,423 2,628 2,767 1,835 1,945 1,945 558 683 1,945 223 266 315 312 393 454 491 600 681

40% of Steel is imported from Korea & Japan (Majorly from Korea & Very Less from Japan)

Banking Credit Loan, Supply against Export

Currently, on car and Omni, we do not pay any royalty. Other than that we pay royalty on all other models.Royalty is paid as per the RBI formula, which is 5% on which we pay royalty

(Yearly, Quarterly or Monthly …..???)Manesar plant production in this quarter was about 47,000 units as compared to 32,000 units in the last year same period.

Maruti Suzuki India Ltd.FY 2010-11

Till Full YearSegment Models Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Nov-10 2010-11

A1 M800 2,258 2,558 2,090 1,680 1,919 1,608 2,631 2,440 17,184 C Omni, Versa, Eeco 10,654 12,953 9,914 13,617 14,157 13,822 15,379 14,686 105,182 A2 Alto, Wagon-R, Estilo, Swift, A 56,416 62,679 51,418 64,079 65,953 68,921 77,502 74,063 521,031 A3 SX4, Dzire 9,994 10,883 8,081 10,352 10,479 10,531 11,621 11,115 60,320

Total Passenger Cars 79,322 89,073 71,503 89,728 92,508 94,882 107,133 102,304 - - - - 703,717 - MUV Gypsy, Grand Vitara 712 968 1,309 386 166 266 422 199 4,428

Total Domestic 80,034 90,041 72,812 90,114 92,674 95,148 107,555 102,503 - - - - 708,145 - Exports 13,024 12,134 15,279 10,743 12,117 12,858 11,353 10,051 97,559 Total Sales 93,058 102,175 88,091 100,857 104,791 108,006 118,908 112,554 - - - - 805,704 -

FY 2009-10Till Full Year

Segment Models Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Nov-10 2009-10

A1 M800 2,345 2,336 2,438 2,796 2,734 3,207 3,124 3,040 2,574 2,494 3,178 2,762 22,020 33,028 C Omni, Versa, Eeco 7,724 7,619 6,890 7,302 6,601 8,297 8,018 8,320 8,088 10,923 10,668 10,875 60,771 101,325 A2 Alto, Wagon-R, Estilo, Swift, A 46,817 53,760 46,156 48,115 52,473 52,508 51,437 56,005 52,236 58,540 60,380 54,763 407,271 633,190 A3 SX4, Dzire 7,066 6,782 6,099 9,101 7,821 7,356 8,804 8,741 7,843 8,995 10,254 10,453 61,770 99,315

Total Passenger Cars 63,952 70,497 61,583 67,314 69,629 71,368 71,383 76,106 70,741 80,952 84,480 78,853 551,832 866,858 MUV Gypsy, Grand Vitara 905 288 190 214 332 226 168 253 259 135 285 677 2,576 3,932

Total Domestic 64,857 70,785 61,773 67,528 69,961 71,594 71,551 76,359 71,000 81,087 84,765 79,530 554,408 870,790 Exports 6,891 9,087 13,336 10,546 14,847 11,712 13,864 11,448 13,804 14,562 11,885 15,593 91,731 147,575 Total Sales 71,748 79,872 75,109 78,074 84,808 83,306 85,415 87,807 84,804 95,649 96,650 95,123 646,139 1,018,365

Growth %Till Full Year


A1 M800 -3.71% 9.50% -14.27% -39.91% -29.81% -49.86% -15.78% -19.74% -100.00% -100.00% -100.00% -100.00% -21.96% -100.00%C Omni, Versa, Eeco 37.93% 70.01% 43.89% 86.48% 114.47% 66.59% 91.81% 76.51% -100.00% -100.00% -100.00% -100.00% 73.08% -100.00%A2 Alto, Wagon-R, Estilo, Swift, A 20.50% 16.59% 11.40% 33.18% 25.69% 31.26% 50.67% 32.24% -100.00% -100.00% -100.00% -100.00% 27.93% -100.00%A3 SX4, Dzire 41.44% 60.47% 32.50% 13.75% 33.99% 43.16% 32.00% 27.16% -100.00% -100.00% -100.00% -100.00% -2.35% -100.00%

Total Passenger Cars 24.03% 26.35% 16.11% 33.30% 32.86% 32.95% 50.08% 34.42% -100.00% -100.00% -100.00% -100.00% 27.52% -100.00%MUV Gypsy, Grand Vitara -21.33% 236.11% 588.95% 80.37% -50.00% 17.70% 151.19% -21.34% -100.00% -100.00% -100.00% -100.00% 71.89% -100.00%

Total Domestic 23.40% 27.20% 17.87% 33.45% 32.47% 32.90% 50.32% 34.24% -100.00% -100.00% -100.00% -100.00% 27.73% -100.00%Exports 89.00% 33.53% 14.57% 1.87% -18.39% 9.78% -18.11% -12.20% -100.00% -100.00% -100.00% -100.00% 6.35% -100.00%Total Sales 29.70% 27.92% 17.28% 29.18% 23.56% 29.65% 39.21% 28.18% -100.00% -100.00% -100.00% -100.00% 24.70% -100.00%

Monthly Sales Numbers for Year

Contribution % (2010-11)Till Full Year


A1 M800 2.82% 2.84% 2.87% 1.86% 2.07% 1.69% 2.45% 2.38% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 2.43% #DIV/0!C Omni, Versa, Eeco 13.31% 14.39% 13.62% 15.11% 15.28% 14.53% 14.30% 14.33% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 14.85% #DIV/0!A2 Alto, Wagon-R, Estilo, Swift, A 70.49% 69.61% 70.62% 71.11% 71.17% 72.44% 72.06% 72.25% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 73.58% #DIV/0!A3 SX4, Dzire 12.49% 12.09% 11.10% 11.49% 11.31% 11.07% 10.80% 10.84% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 8.52% #DIV/0!

Total Passenger Cars 99.11% 98.92% 98.20% 99.57% 99.82% 99.72% 99.61% 99.81% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 99.37% #DIV/0!MUV Gypsy, Grand Vitara 0.89% 1.08% 1.80% 0.43% 0.18% 0.28% 0.39% 0.19% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0.63% #DIV/0!

Total Domestic 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 100.00% #DIV/0!Exports / Total Sales 14.00% 11.88% 17.34% 10.65% 11.56% 11.90% 9.55% 8.93% #DIV/0! #DIV/0! #DIV/0! #DIV/0! 12.11% #DIV/0!

Contribution % (2009-10)Till Full Year


A1 M800 3.62% 3.30% 3.95% 4.14% 3.91% 4.48% 4.37% 3.98% 3.63% 3.08% 3.75% 3.47% 3.97% 3.79%C Omni, Versa, Eeco 11.91% 10.76% 11.15% 10.81% 9.44% 11.59% 11.21% 10.90% 11.39% 13.47% 12.59% 13.67% 10.96% 11.64%A2 Alto, Wagon-R, Estilo, Swift, A 72.18% 75.95% 74.72% 71.25% 75.00% 73.34% 71.89% 73.34% 73.57% 72.19% 71.23% 68.86% 73.46% 72.71%A3 SX4, Dzire 10.89% 9.58% 9.87% 13.48% 11.18% 10.27% 12.30% 11.45% 11.05% 11.09% 12.10% 13.14% 11.14% 11.41%

Total Passenger Cars 98.60% 99.59% 99.69% 99.68% 99.53% 99.68% 99.77% 99.67% 99.64% 99.83% 99.66% 99.15% 99.54% 99.55%MUV Gypsy, Grand Vitara 1.40% 0.41% 0.31% 0.32% 0.47% 0.32% 0.23% 0.33% 0.36% 0.17% 0.34% 0.85% 0.46% 0.45%

Total Domestic 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%Exports / Total Sales 9.60% 11.38% 17.76% 13.51% 17.51% 14.06% 16.23% 13.04% 16.28% 15.22% 12.30% 16.39% 14.20% 14.49%

1 SX4 launched in May 20072 Grand Vitara launched in July 20073 Dzire launched in March 20084 Esteem Figures are for 2007-085 A-Star launched in November 20086 Ritz launched in May 20097 Grand Vitara 2.4 launched in July 20098 Zen Estilo relaunched in August 20099 Eeco launched in January 2010.

2010-11 2010-11Q1 Q2

6,906 5,207 33,521 41,596 170,513 198,953 28,958 31,362 239,898 277,118 2,989 818 242,887 277,936 40,437 35,718 283,324 313,654

2009-10 2009-10Q1 Q2

7,119 8,737 22,233 22,200 146,733 153,096 19,947 24,278 196,032 208,311 1,383 772 197,415 209,083 29,314 37,105 226,729 246,188

2010-11 2010-11Q1 Q2

-2.99% -40.40%50.77% 87.37%16.21% 29.95%45.17% 29.18%22.38% 33.03%

116.12% 5.96%23.03% 32.93%37.94% -3.74%24.96% 27.40%

2010-11 2010-11Q1 Q2

2.84% 1.87%13.80% 14.97%70.20% 71.58%11.92% 11.28%98.77% 99.71%

1.23% 0.29%100.00% 100.00%

14.27% 11.39%

2008-09 2008-09Q1 Q2

3.61% 4.18%11.26% 10.62%74.33% 73.22%10.10% 11.61%99.30% 99.63%

0.70% 0.37%100.00% 100.00%

12.93% 15.07%

Maruti Suzuki India Ltd. Monthly Sales Numbers for YearFY 2009-010

Segment Models Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10

A1 M800 2,345 2,336 2,438 2,796 2,734 3,207 3,124 3,040 2,574 2,494 3,178 2,762 C Omni, Versa 7,724 7,619 6,890 7,302 6,601 8,297 8,018 8,320 8,088 10,923 10,668 10,875 A2 A-star Alto, Wagon-R, Zen, Swi 46,817 53,760 46,156 48,115 52,473 52,508 51,437 56,005 52,236 58,540 60,380 54,763 A3 SX4, Esteem, Dzire 7,066 6,782 6,099 9,101 7,821 7,356 8,804 8,741 7,843 8,995 10,254 10,453

Total Passenger Cars 63,952 70,497 61,583 67,314 69,629 71,368 71,383 76,106 70,741 80,952 84,480 78,853 MUV Gypsy, Grand Vitara 905 288 190 214 332 226 168 253 259 135 285 677

Total Domestic 64,857 70,785 61,773 67,528 69,961 71,594 71,551 76,359 71,000 81,087 84,765 79,530 Exports 6,891 9,087 13,336 10,546 14,847 11,712 13,864 11,448 13,804 14,562 11,885 15,593 Total Sales 71,748 79,872 75,109 78,074 84,808 83,306 85,415 87,807 84,804 95,649 96,650 95,123

FY 2008-09

Segment Models Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 .

A1 M800 4,458 6,830 5,361 4,953 3,717 3,467 3,307 2,307 2,907 5,571 4,075 2,430 C Omni, Versa 7,705 6,092 6,964 6,253 6,540 7,416 6,362 3,845 5,350 7,759 7,641 6,021 A2 Alto, Wagon-R, Zen, Swift 43,121 44,539 37,767 34,795 37,667 45,621 43,434 34,976 36,831 46,899 50,331 55,415 A3 SX4, Esteem, Dzire 4,187 5,946 5,807 6,009 5,427 7,413 5,412 5,975 6,524 6,590 8,043 8,595

Total Passenger Cars 59,471 63,407 55,899 52,010 53,351 63,917 58,515 47,103 51,612 66,819 70,090 72,461 MUV Gypsy, Grand Vitara 68 736 512 901 762 765 612 601 417 186 535 1,394


Growth %


A1 M800 -47.40% -65.80% -54.52% -43.55% -26.45% -7.50% -5.53% 31.77% -11.46% -55.23% -22.01% 13.66%C Omni, Versa 0.25% 25.07% -1.06% 16.78% 0.93% 11.88% 26.03% 116.38% 51.18% 40.78% 39.62% 80.62%A2 Alto, Wagon-R, Zen, Swift 8.57% 20.70% 22.21% 38.28% 39.31% 15.10% 18.43% 60.12% 41.83% 24.82% 19.97% -1.18%A3 SX4, Esteem, Dzire 68.76% 14.06% 5.03% 51.46% 44.11% -0.77% 62.68% 46.29% 20.22% 36.49% 27.49% 21.62%

Total Passenger Cars 7.53% 11.18% 10.17% 29.43% 30.51% 11.66% 21.99% 61.57% 37.06% 21.15% 20.53% 8.82%MUV Gypsy, Grand Vitara 1230.88% -60.87% -62.89% -76.25% -56.43% -70.46% -72.55% -57.90% -37.89% -27.42% -46.73% -51.43%

Total Domestic 8.93% 10.35% 9.51% 27.63% 29.29% 10.69% 21.01% 60.07% 36.46% 21.02% 20.02% 7.68%Exports 146.37% 87.05% 175.77% 87.25% 156.20% 85.38% 158.51% 128.64% 223.73% 205.03% 38.76% 31.99%Total Sales 15.10% 15.75% 22.63% 33.36% 41.56% 17.33% 32.45% 66.58% 50.65% 33.25% 22.05% 11.04%

Contribution % (2009-010)


A1 M800 3.62% 3.30% 3.95% 4.14% 3.91% 4.48% 4.37% 3.98% 3.63% 3.08% 3.75% 3.47%C Omni, Versa 11.91% 10.76% 11.15% 10.81% 9.44% 11.59% 11.21% 10.90% 11.39% 13.47% 12.59% 13.67%A2 Alto, Wagon-R, Zen, Swift 72.18% 75.95% 74.72% 71.25% 75.00% 73.34% 71.89% 73.34% 73.57% 72.19% 71.23% 68.86%A3 SX4, Esteem, Dzire 10.89% 9.58% 9.87% 13.48% 11.18% 10.27% 12.30% 11.45% 11.05% 11.09% 12.10% 13.14%

Total Passenger Cars 98.60% 99.59% 99.69% 99.68% 99.53% 99.68% 99.77% 99.67% 99.64% 99.83% 99.66% 99.15%MUV Gypsy, Grand Vitara 1.40% 0.41% 0.31% 0.32% 0.47% 0.32% 0.23% 0.33% 0.36% 0.17% 0.34% 0.85%

Total Domestic 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%Exports / Total Sales 9.60% 11.38% 17.76% 13.51% 17.51% 14.06% 16.23% 13.04% 16.28% 15.22% 12.30% 16.39%






1 SX4 launched in May 20072 Grand Vitara launched in July 20073 Dzire launched in March 20084 Esteem Figures are for 2007-085 A-Star launched in November 20086 Ritz launched in May 20097 Grand Vitara 2.4 launched in July 20098 Zen Estilo relaunched in August 20099 Eeco launched in January 2010.

Full Year 2009-10 2009-10 2009-10 2009-102009-10 Q1 Q2 Q3 Q4

33,028 7,119 8,737 8,738 8,434 101,325 22,233 22,200 24,426 32,466 633,190 146,733 153,096 159,678 173,683 99,315 19,947 24,278 25,388 29,702 866,858 196,032 208,311 218,230 244,285 3,932 1,383 772 680 1,097 870,790 197,415 209,083 218,910 245,382 147,575 29,314 37,105 39,116 42,040 1,018,365 226,729 246,188 258,026 287,422

Full Year 2008-09 2008-09 2008-09 2008-092008-09 Q1 Q2 Q3 Q4

49,383 16,649 12,137 8,521 12,076 77,948 20,761 20,209 15,557 21,421 511,396 125,427 118,083 115,241 152,645 75,928 15,940 18,849 17,911 23,228 714,655 178,777 169,278 157,230 209,370 7,489 1,316 2,428 1,630 2,115 722,144 180,093 171,706 158,860 211,485 70,023 12,491 17,745 14,634 25,153 792,167 192,584 189,451 173,494 236,638

Full Year 2009-10 2009-10 2009-10 2009-102009-10 Q1 Q2 Q3 Q4

-33.12% -57.24% -28.01% 2.55% -30.16%29.99% 7.09% 9.85% 57.01% 51.56%23.82% 16.99% 29.65% 38.56% 13.78%30.80% 25.14% 28.80% 41.75% 27.87%21.30% 9.65% 23.06% 38.80% 16.68%-47.50% 5.09% -68.20% -58.28% -48.13%20.58% 9.62% 21.77% 37.80% 16.03%

110.75% 134.68% 109.10% 167.30% 67.14%28.55% 17.73% 29.95% 48.72% 21.46%

Full Year 2009-10 2009-10 2009-10 2009-102009-10 Q1 Q2 Q3 Q4

3.79% 3.61% 4.18% 3.99% 3.44%11.64% 11.26% 10.62% 11.16% 13.23%72.71% 74.33% 73.22% 72.94% 70.78%11.41% 10.10% 11.61% 11.60% 12.10%99.55% 99.30% 99.63% 99.69% 99.55%

0.45% 0.70% 0.37% 0.31% 0.45%100.00% 100.00% 100.00% 100.00% 100.00%

14.49% 12.93% 15.07% 15.16% 14.63%

Full Year 2008-09 2008-09 2008-09 2008-092008-09 Q1 Q2 Q3 Q4

6.84% 9.24% 7.07% 5.36% 5.71%10.79% 11.53% 11.77% 9.79% 10.13%70.82% 69.65% 68.77% 72.54% 72.18%10.51% 8.85% 10.98% 11.27% 10.98%98.96% 99.27% 98.59% 98.97% 99.00%

1.04% 0.73% 1.41% 1.03% 1.00%100.00% 100.00% 100.00% 100.00% 100.00%

8.84% 6.49% 9.37% 8.43% 10.63%

Maruti Suzuki Monthly Stock DetailsMonth Opening Stock Production Total Sales Closing Stock

Apr-08 24,174 63,190 62,335 25,029 May-08 25,029 64,919 69,001 20,947 Jun-08 20,947 52,973 61,247 12,673 Jul-08 12,673 62,151 58,543 16,281

Aug-08 16,281 56,729 59,908 13,102 Sep-08 13,102 67,852 71,000 9,954 Oct-08 9,954 68,675 64,490 14,139 Nov-08 14,139 63,431 52,711 24,859 Dec-08 24,859 41,462 56,293 10,028 Jan-09 10,028 65,050 71,779 3,299 Feb-09 3,299 77,955 79,190 2,064 Mar-09 2,064 90,401 86,627 5,838

2008-09 24,174 774,788 793,124 5,838

Apr-09 5,838 75,138 71,741 9,235 May-09 9,235 85,701 79,872 15,064 Jun-09 15,064 67,849 75,109 7,804 Jul-09 7,804 86,630 78,074 16,360

Aug-09 16,360 79,354 84,808 10,906 Sep-09 10,906 81,289 83,306 8,889 Oct-09 8,889 84,618 85,415 8,092 Nov-09 8,092 92,131 87,807 12,416 Dec-09 12,416 85,153 84,804 12,765 Jan-10 12,765 96,032 95,649 13,148 Feb-10 13,148 97,829 96,650 14,327 Mar-10 14,327 14,327

2009-10 5,838 931,724 923,235 14,327

C15

Dhaval Shah: Includes 50 vehicles purchased and adjustment of 4912 vehicles for talling closing stock with balance sheet

D15

Dhaval Shah: includes 928 vehicles capitalized and 29 vehicles damaged

Maruti Suzuki India Ltd. Monthly Sales Numbers for YearFY 2008-09


A1 M800 4,458 6,830 5,361 4,953 3,717 3,467 3,307 2,307 2,907 5,571 4,075 2,430 C Omni, Versa 7,705 6,092 6,964 6,253 6,540 7,416 6,362 3,845 5,350 7,759 7,641 6,021 A2 A-star, Alto, Wagon-R, Zen, S 43,121 44,539 37,767 34,795 37,667 45,621 43,434 34,976 36,831 46,899 50,331 55,415 A3 SX4, Esteem, Dzire 4,187 5,946 5,807 6,009 5,427 7,413 5,412 5,975 6,524 6,590 8,043 8,595

Total Passenger Cars 59,471 63,407 55,899 52,010 53,351 63,917 58,515 47,103 51,612 66,819 70,090 72,461 MUV Gypsy, Grand Vitara 68 736 512 901 762 765 612 601 417 186 535 1,394


1000000FY 2007-08 112.35%


A1 M800 6,324 5,456 6,214 5,970 5,480 5,221 4,477 5,653 7,190 5,470 5,745 6,353 C Omni, Versa 6,118 6,496 8,017 7,214 7,889 6,350 8,110 7,331 8,034 8,861 7,268 8,041 A2 Alto, Wagon-R, Zen, Swift 33,878 38,889 37,646 34,737 41,736 46,216 47,077 47,641 39,575 45,957 44,059 41,869 A3 SX4, Esteem, Dzire 2,124 5,009 3,923 4,394 4,839 4,885 4,177 4,260 3,291 2,939 1,958 7,536

Total Passenger Cars 48,444 55,850 55,800 52,315 59,944 62,672 63,841 64,885 58,090 63,227 59,030 63,799 MUV Gypsy, Grand Vitara 208 102 200 524 285 414 417 331 311 232 281 622


Growth %


A1 M800 -29.51% 25.18% -13.73% -17.04% -32.17% -33.60% -26.13% -59.19% -59.57% 1.85% -29.07% -61.75%C Omni, Versa 25.94% -6.22% -13.13% -13.32% -17.10% 16.79% -21.55% -47.55% -33.41% -12.44% 5.13% -25.12%A2 Alto, Wagon-R, Zen, Swift 27.28% 14.53% 0.32% 0.17% -9.75% -1.29% -7.74% -26.58% -6.93% 2.05% 14.24% 32.35%A3 SX4, Esteem, Dzire 97.13% 18.71% 48.02% 36.75% 12.15% 51.75% 29.57% 40.26% 98.24% 124.23% 310.78% 14.05%

Total Passenger Cars 22.76% 13.53% 0.18% -0.58% -11.00% 1.99% -8.34% -27.41% -11.15% 5.68% 18.74% 13.58%MUV Gypsy, Grand Vitara -67.31% 621.57% 156.00% 71.95% 167.37% 84.78% 46.76% 81.57% 34.08% -19.83% 90.39% 124.12%

Total Domestic 22.38% 14.64% 0.73% 0.14% -10.15% 2.53% -7.98% -26.85% -10.91% 5.59% 19.08% 14.64%Exports 64.53% 40.89% 23.46% 11.08% 0.98% 44.84% 3.99% 11.69% 3.65% 2.71% 89.87% 101.09%Total Sales 23.80% 16.16% 2.22% 1.09% -9.19% 5.27% -7.10% -24.37% -9.95% 5.39% 24.08% 21.87%











1 SX4 launched in May 20072 Grand Vitara launched in July 20073 Dzire launched in March 20084 Esteem Figures are for 2007-085 A-Star launched in November 2008

Full Year 2008-09 2008-09 2008-09 2008-092008-09 Q1 Q2 Q3 Q4

49,383 16,649 12,137 8,521 12,076 77,948 20,761 20,209 15,557 21,421 511,396 125,427 118,083 115,241 152,645 75,928 15,940 18,849 17,911 23,228 714,655 178,777 169,278 157,230 209,370 7,489 1,316 2,428 1,630 2,115 722,144 180,093 171,706 158,860 211,485 70,023 12,491 17,745 14,634 25,153 792,167 192,584 189,451 173,494 236,638

12.35%Full Year 2007-08 2007-08 2007-08 2007-082007-08 Q1 Q2 Q3 Q4

69,553 17,994 16,671 17,320 17,568 89,729 20,631 21,453 23,475 24,170 499,280 110,413 122,689 134,293 131,885 49,335 11,056 14,118 11,728 12,433 707,897 160,094 174,931 186,816 186,056 3,927 510 1,223 1,059 1,135 711,824 160,604 176,154 187,875 187,191 53,024 9,065 15,171 13,754 15,034 764,848 169,669 191,325 201,629 202,225

Full Year 2008-09 2008-09 2008-09 2008-092008-09 Q1 Q2 Q3 Q4

-29.00% -7.47% -27.20% -50.80% -31.26%-13.13% 0.63% -5.80% -33.73% -11.37%

2.43% 13.60% -3.75% -14.19% 15.74%53.90% 44.18% 33.51% 52.72% 86.83%0.95% 11.67% -3.23% -15.84% 12.53%

90.71% 158.04% 98.53% 53.92% 86.34%1.45% 12.13% -2.53% -15.44% 12.98%

32.06% 37.79% 16.97% 6.40% 67.31%3.57% 13.51% -0.98% -13.95% 17.02%

Full Year 2008-09 2008-09 2008-09 2008-092008-09 Q1 Q2 Q3 Q4

6.84% 9.24% 7.07% 5.36% 5.71%10.79% 11.53% 11.77% 9.79% 10.13%70.82% 69.65% 68.77% 72.54% 72.18%10.51% 8.85% 10.98% 11.27% 10.98%98.96% 99.27% 98.59% 98.97% 99.00%

1.04% 0.73% 1.41% 1.03% 1.00%100.00% 100.00% 100.00% 100.00% 100.00%

8.84% 6.49% 9.37% 8.43% 10.63%

Full Year 2007-08 2007-08 2007-08 2007-082007-08 Q1 Q2 Q3 Q4

9.77% 11.20% 9.46% 9.22% 9.39%12.61% 12.85% 12.18% 12.50% 12.91%70.14% 68.75% 69.65% 71.48% 70.45%6.93% 6.88% 8.01% 6.24% 6.64%

99.45% 99.68% 99.31% 99.44% 99.39%0.55% 0.32% 0.69% 0.56% 0.61%

100.00% 100.00% 100.00% 100.00% 100.00%6.93% 5.34% 7.93% 6.82% 7.43%

FY 2007-08

Total Commodity Content in the Car as a percentage of Net Salesvaries between 15% to 20%

Maruti helds on to its share in the entire Passenger Vehicle Market at 46%Maruti's Market Share in each Segment

Industry Segment Passengers Cars 78% 51.40%Utility Vehicles 16% 1.60%Multi Purpose Vehicles 6% 89.00%

Total 100% 46%

Vehicle BusinessIn 2007-08 Passenger car industry grew by 11.8%, whereas Maruti Sales Volume grown by 12% over 2006-07In 2007-08 Total Exports was 53024 Vehicles to 46 Countries.Export Portfolio is so far dominated by Maruti 800 & ALTO, it will be bolstered by A-Star in 2008-09

NetworkNew Car Sales Network 600 Outlets covering 393 Cities (Plans to increase to New Car Sales Network to 1000 outlets in next 3 years)TrueValue Outlets 265 Outlets spread across 166 CitiesService Network 2628 Services outlets across 1220 Cities. (Plans to expand it by 45% in next 3 years)

Subsidiaries 2006-07 2007-08 Name Total Revenue PBT PAT Total Revenue PBT PAT

1 Maruti Insurance Business Agency Ltd. 56.92 16.23 10.90 58.57 25.88 16.26 Tie-Up with National Insurance Company Ltd.2 Maruti Insurance Distribution Services Ltd. 10.63 3.26 2.20 7.67 3.49 2.23 Tie-Up with Bajaj Allianz General Insurance Company Ltd.3 TrueValue Solutions Ltd. 2.12 0.37 - 0.00 (0.25) (0.23) Sales & Purchase of Pre -Owned Cars.4 Maruti Insurance Agency Solutions Ltd. 10.75 3.23 2.14 10.94 4.82 3.03 Tie-Up with New India Assurance Company Ltd.5 Maruti Insurance Agency Network Ltd. 16.27 4.88 3.23 16.66 7.49 4.68 Tie-Up with Royal Sundaram Alliance Insurance Company Ltd.6 Maruti Insurance Agency Services Ltd. - - - 0.52 0.20 0.12 Tie-Up with IIFCO Tokyo General Insurance Company Ltd.7 Maruti Insurance Agency Logistics Ltd. - - - 0.06 0.01 0.00 Tie-Up with ICICI Lombard General Insurance Company Ltd.

Maruti's Share(2007-08)

New Car Manufacturing PlantAt Manesar Capacity

1 Started operations in September 2006 100,000 units2 At the end of the Year (Expanded Capacity) 170,000 units3 Increase the Capacity by October 2008 300,000 units

All newly launched models Swift, SX4 & Dzire are manufactured in Manesar.Maruti also plans to produce "A-Star' from the Same Plant.

New Engine CapacitySetting up a new Gasoline Engine Plant in Gurgaon Facilities.Plant will Commission by producing engines for A-Star.

Strategic Alliance1 Magneti Marelli Powertrain

Fiat Group CompanyLargest Manufacturers of Electric Contro; Units (ECUs).JV Name: Magneti Marelli Powertrain India Pvt. Ltd.Equity:Magneti Marelli 51%Suzuki Motor Corporation 30%Maruti 19%

2 Futaba Industrial Co. Ltd.Largest manufacturer of Exhaust Systems Components (ESCs) in JapanJV Name: FMI Automotive Components Ltd.Equity:Futaba 51%Maruti 49%

Maruti is setting up a suppliers Park in Manesar, close to its car plant on an area of 100 acres for Just-in-Time Supplies.Both the Jv's are located in this Park.

3 Service Agreement with Mundra PortMaruti has signed an agreement with Adani Group for Exporting 2,00,000 units annually through the Mundra Port in Gujarat.Maruti plans to export its new model "A-Star" which is scheduled to launch in the last quarter of 2008-09 and also plans to invest Rs. 40 Crs in building a Pre Delivery Inspection(PDI) Centre at the Port

FY 2006-071 Investment Planned Rs. 9000Crs by 2010 for new plants and upgrading existing plants.2 Refreshed version of old cars contribute 25% of sales by volume3 Allied Businesses

Maruti InsuranceMaruti FinanceMaruti TrueValueMaruti Genuine Accessories.

4 Dealer Viability is Critical, as dealership that interfaces with customers and invests in Sales & Service Infrastructure.5 Sale of Pre-Owned cars by TrueValue network has touched 10,000 units a month.

Maruti bought about 84,000 cars last year, 90% of which resulted in the sale of a new car in exchange6 Many Global players are developing small cars for India & in next 3-4 years, India would be in a position to export nearly 1 million compact cars.

Almost the same number of units as the total domestic car market in 2006-07

Vehicle Business7 In 2006-07 Passenger car industry grew by 22%, whereas Maruti Sales Volume grown by 21% over 2005-06.8 in 2006-07 Maruti achieved a market share of 54.6% as compared to 55.1% in 2005-06 (including MPV).9 In 2006-07 Total Exports was 39295 Vehicles to 45 Countries.

10 Top 5 Exports Market.Sri Lanka 9269 Total Exports 39295 unitsAlgeria 8651Chile 6216 73.86%Eqypt 2814Saudi Arabia 2072

29022 unitsTop 5 Exports Market Contributes around 74% of Total Exports (in Volume Terms)

NetworkNew Car Sales Network 500 Outlets covering 312 CitiesTrueValue Outlets 223 Outlets spread across 148 CitiesService Network 2445 Services outlets across 1172 Cities.

SubsidiariesName Total Revenue PBT PAT

1 Maruti Insurance Business Agency Ltd. 56.92 16.23 10.90 Tie-Up with National Insurance Company Ltd.2 Maruti Insurance Distribution Services Ltd. 10.63 3.26 2.20 Tie-Up with Bajaj Allianz General Insurance Company Ltd.3 TrueValue Solutions Ltd. 2.12 0.37 NA Sales & Purchase of Pre -Owned Cars.4 Maruti Insurance Agency Solutions Ltd. 10.75 3.23 2.14 5 Maruti Insurance Agency Network Ltd. 16.27 4.88 3.23 6 Maruti Insurance Agency Services Ltd. - - -

Maruti Insurance1 Issued 1.4 million policies in FY 06-07 and crossed a cumulative figure of 5 million since inception2 Total Dealer payout stood at Rs. 113.5 Crores.3 Major Development in the auto Industry was detariffing of motor insurance from Jan 2007.4 Regulator permitted partial flexibility in insurance premia, with a band of +/- 20% from rate before Jan 2007.5 Based on Maruti's low cost of repairs & substantial business volumes, Maruti was able to get the best premium rated with its partner insurance companies6 Maruti Insurance (MI) fixed the premium at 20% lower with reference to the rate prevailing before Jan 07.

Passenger Vehicle Segment is broadly divided into 3 Vehicle Categories Relative Share of Sales Volume within Maruti Sales1 Passengers Cars 2005-06 2006-07 2007-08

A1 A1 17.00% 12.00% 9.00%A2 A2 64.00% 69.00% 71.00%A3 A3 6.00% 5.00% 7.00%A4 C 12.00% 13.00% 12.00%A5 UV 1.00% 1.00% 1.00%A6

2 Multi-Purpose Vehicles Total 100.00% 100.00% 100.00%3 Utility Vehicles

2005-06 2006-07 2007-08

Passengers Cars accounts in Passengers Vehicle Mark 77.20% 78.00%Total Sale of Passengers Cars 1,076,408

2005-06 2006-07 2007-08Sales Volume

A1 89,223 79,245 63,900 A2 335,136 440,375 499,280 A3 31,939 29,697 49,334

Multi-Purpose Vehicles 66,366 83,091 89,729

Market ShareA1A2 58.50% 58%+A3 16.87% 15.10% 21.90%

Multi-Purpose Vehicles

(Plans to increase to New Car Sales Network to 1000 outlets in next 3 years)

Tie-Up with National Insurance Company Ltd.Tie-Up with Bajaj Allianz General Insurance Company Ltd.Sales & Purchase of Pre -Owned Cars.Tie-Up with New India Assurance Company Ltd.Tie-Up with Royal Sundaram Alliance Insurance Company Ltd.Tie-Up with IIFCO Tokyo General Insurance Company Ltd.Tie-Up with ICICI Lombard General Insurance Company Ltd.

Tie-Up with National Insurance Company Ltd.Tie-Up with Bajaj Allianz General Insurance Company Ltd.

Maruti Suzuki India Ltd.1 Price hike by 1 % with Retrospective effect from 1st April 08.

2 1/28/2009 Maruti Suzuki India has hiked prices by Rs 5,000- 10,000 on its higher end products with effect from January 28 attributing it to higher input prices and foreign currency movement which affects imported prices of components.Price Increase A Star 10,000 SX4 (all Variants) 9,000 Swift Lxi 5,000 Swift Vxi & Zxi 6,000 Swift Diesel 6,000 Swift Dzire (all Variants) 7,000

3 1/1/2009 Companies need to disclose the mileage of its cars, tested by 3 government Agencies

Maruti Suzuki India has hiked prices by Rs 5,000- 10,000 on its higher end products with effect from January 28 attributing it to higher input prices and foreign currency movement which affects imported prices of components.

Companies need to disclose the mileage of its cars, tested by 3 government Agencies

maruti suzuki india 01 ltd

Documents

national insurance

maruti suzuki

swift a3 sx4

monthly sales

balance sheet

versa a2 alto

segment models

segment models