Maruti Suzuki India vs TMPV: share price, P/E, ROE and financials compared
Maruti Suzuki India
Tata Motors Passenger Vehicles
Maruti Suzuki India and TMPV at a glance
Maruti Suzuki India and TMPV are both listed in Automobile and Auto Components. Maruti Suzuki India is the larger by market cap, at ₹4.0L Cr against ₹1.1L Cr for TMPV (3.7 times as large). On valuation, TMPV has the lower price-to-book (0.96× against 3.68×). On returns and margins, Maruti Suzuki India has the higher operating margin (10.2% against −4.1%). Over three years, Maruti Suzuki India has faster 3-year sales growth (+15.9% against −0.9% a year). Maruti Suzuki India carries less debt for its equity, with a debt-to-equity of 0.00× against 0.70×.
Key metrics, side by side
| Metric | Maruti Suzuki IndiaMARUTI | TMPVTMPV |
|---|---|---|
| Price (₹) | 12,750.00 | 292.00 |
| Market cap (₹ Cr) | 4,00,863 | 1,07,543 |
| P/E | 29.8× | – |
| P/B | 3.68× | 0.96× (the lower figure, shaded) |
| Dividend yield, trailing | 1.10% | 1.03% |
| ROE | 12.9% | 72.2% |
| ROCE | 17.2% | 0.6% |
| Operating margin (OPM) | 10.2% (the higher figure, shaded) | −4.1% |
| Net margin (NPM) | 6.5% | 22.8% |
| Sales CAGR 3Y | +15.9% (the higher figure, shaded) | −0.9% |
| Profit CAGR 3Y | +21.1% | +224.3% |
| Debt to equity | 0.00× (the lower figure, shaded) | 0.70× |
| Interest cover | 81.1× (the higher figure, shaded) | 0.4× |
| Net profit TTM (₹ Cr) | 13,451 | 79,242 |
| 1Y return | −17.7% (the higher figure, shaded) | −27.7% |
| Promoter holding | – | – |
Maruti Suzuki India vs TMPV: common questions
Which is bigger, Maruti Suzuki India or TMPV?
By market cap, Maruti Suzuki India is bigger at ₹4.0L Cr, against ₹1.1L Cr for TMPV (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹13,451 Cr for Maruti Suzuki India and ₹79,242 Cr for TMPV.
Which has a higher ROE, Maruti Suzuki India or TMPV?
Maruti Suzuki India reports a return on equity of 12.9% and TMPV 72.2%. TMPV’s ROE isn’t ranked because it is loss-making. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Maruti Suzuki India or TMPV?
Over the last three years: Sales grew +15.9% a year at Maruti Suzuki India and −0.9% at TMPV, so Maruti Suzuki India grew sales faster; profit grew +21.1% a year at Maruti Suzuki India and +224.3% at TMPV. Past growth doesn’t predict future growth.