Maruti Suzuki India announced its
July 2016 sales figures today. And if the overall numbers are anything to go by,
company has managed to post good sales figures. For July 2016 Maruti Suzuki
posted good 13.90 percent volumes growth on domestic sales front. There was
marginal sales growth on exports front of 0.30 percent. This resulted in a
simple 12.70 percent overall growth in July 2016. In absolute terms domestic
sales for July 2016 stood at 1,22,778 units as compared to 1,10,405 units in
July 2015.
If we take a look at the segment
wise performance, segment A that constitutes Mini, Compact, super compact and
midsize cars witnessed a growth of 2.20 percent. In absolute terms Passenger
cars sales volumes in segment A stood at 93,634 units in July 2016 as compared
to 91,602 units in July 2015. It was the utility vehicles sales
that saw highest sales growth in percentage term (up 151.30 percent). In absolute
terms July 2016 sales stood at 17382 units as against 6916 units in July 2015.
Following table provides a clear figures
for the monthly sales figures.
|
Category : Sub-segment
|
Models
|
July
|
Till July
|
April'15 - March'16
|
||||
|
|
2016
|
2015
|
% Change
|
2016-17
|
2015-16
|
% Change
|
||
|
A: Mini
|
Alto, WagonR
|
35051
|
37752
|
-7.20%
|
127774
|
142553
|
-10.40%
|
432977
|
|
A: Compact
|
Swift, Ritz, Celerio, Baleno, Dzire
|
50362
|
48381
|
4.10%
|
182587
|
178305
|
2.40%
|
541951
|
|
A: Super Compact
|
Dzire Tour
|
3059
|
3370
|
-9.20%
|
10855
|
11279
|
-3.80%
|
38303
|
|
A: Mid-Size
|
Ciaz
|
5162
|
2099
|
145.90%
|
18852
|
15473
|
21.80%
|
54233
|
|
Total A: Passenger Cars
|
93634
|
91602
|
2.20%
|
340068
|
347610
|
-2.20%
|
1067464
|
|
|
B: Utility vehicles
|
Gypsy, Ertiga, Grand Vitara, S-Cross, Vitara
Brezza
|
17382
|
6916
|
151.30%
|
56730
|
22466
|
152.50%
|
94416
|
|
C: Vans
|
Omni, Eeco
|
14748
|
11887
|
24.10%
|
51306
|
46023
|
11.50%
|
143471
|
|
Total Domestic Passenger Vehicle Sales
|
125764
|
110405
|
13.90%
|
448104
|
416099
|
7.70%
|
1305351
|
|
|
Light Commercial Vehicles
|
Super Carry
|
14
|
0
|
-
|
14
|
0
|
-
|
-
|
|
Total Domestic Sales
|
125778
|
110405
|
13.90%
|
448118
|
416099
|
7.70%
|
1305351
|
|
|
Total Export Sales
|
11338
|
11307
|
0.30%
|
37441
|
46942
|
-20.20%
|
123897
|
|
|
Total Sales (Domestic + Export)
|
137116
|
121712
|
12.70%
|
485559
|
463041
|
4.90%
|
1429248
|
|
Apart from the sales figures the
company also announced price hike. The company announced increase in prices of
select models ranging from Rs 1500 to Rs 5000 (Ex Showroom Delhi).
In case of newly launched models
like Vitara Brezza and Baleno, the prices are being increased by upto Rs 20000
and up to Rs 10000 respectively. We think the company has strategically increased
prices and impact would be visible from H2FY17. We have positive bias about the
counter.
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