Maruti Suzuki India Limited

Corporate Overview Value Creation Approach Sustainability Annual Integrated Report 2020-21
Performance Statutory Reports Financial Statements

Standalone Financial Statements Consolidated Financial Statements

Consolidated Balance Sheet Consolidated Statement of Profit and Loss

As at March 31, 2021 for the year ended March 31, 2021
(All amounts in ` million, unless otherwise stated) (All amounts in ` million, unless otherwise stated)

Notes Page As at As at Notes Page For the Year For the Year
Particulars Particulars
No. No. 31.03.2021 31.03.2020 No. No. ended 31.03.2021 ended 31.03.2020
ASSETS
I Revenue from operations 23 305 703,720 756,600
Non-current assets
Property, plant and equipment 4 288-289 141,785 147,905 II Other income 24 305 29,363 33,344
Capital work-in-progress 4 288-289 11,993 13,443 III Total Income (I+II) 733,083 789,944
Intangible assets 5 289 2,242 3,358 IV Expenses
Intangible assets under development 5 289 2,975 709 Cost of materials consumed 25.1 306 332,964 346,348
Right-of-use assets 37 329-330 5,860 6,181 Purchases of stock-in-trade 172,541 187,672
Financial assets
Investments 6 290-293 345,291 362,692 Changes in inventories of finished goods, work-in-progress and stock-in-trade 25.2 306 2,736 (2,387)
Loans 7 293 2 2 Employee benefits expenses 26 306 34,316 34,162
Other financial assets 9 294 369 365 Finance costs 27 307 1,018 1,342
Other non-current assets 12 296 16,867 17,216 Depreciation and amortisation expense 28 307 30,341 35,284
Total non-current assets 527,384 551,871 Other expenses 29 307-308 108,375 118,896
Current assets
Inventories 10 295 30,490 32,139 Vehicles / dies for own use (728) (1,217)
Financial assets Total expenses (IV) 681,563 720,100
Investments 6 290-293 84,157 12,188 V Share of profit of associates 1,588 1,175
Trade receivables 8 294 12,799 19,777 VI Share of profit of joint ventures 102 9
Cash and cash equivalents 11.1 295 408 208 VII Profit before tax (III - IV + V + VI) 53,210 71,028
Other bank balances 11.2 295 30,063 82
Loans 7 293 230 170 VIII Tax expense
Other financial assets 9 294 6,427 6,596 Current tax 30 308-309 11,562 13,765
Current tax assets (net) 22 304 5,407 5,272 Deferred tax 30 308-309 (2,243) 487
Other current assets 12 296 15,462 7,974 9,319 14,252
Total current assets 185,443 84,406 IX Profit for the year (VII - VIII) 43,891 56,776
Total Assets 712,827 636,277
EQUITY AND LIABILITIES X Other Comprehensive Income/(loss)
Equity (i) Items that will not be reclassified to profit or loss
Equity share capital 13 296-297 1,510 1,510 (a) gain / (loss) of defined benefit obligation 14.5 298 545 (718)
Other equity 14 297-299 523,496 492,620 (b) gain / (loss) on change in fair value of equity instruments 14.6 299 4,704 (3,902)
Equity attributable to owners of the Company 525,006 494,130 (c) gain / (loss) on share of other comprehensive income in associates and 10 -
Non controlling interest 15 299-300 - 192 joint ventures
Total equity 525,006 494,322
Liabilities 5,259 (4,620)
Non-current liabilities (ii) Income tax relating to items that will not be reclassified to profit or loss 30 308-309 (123) 203
Financial liabilities Total Other Comprehensive Income/(loss) (i+ii) 5,136 (4,417)
Borrowings 16 301 28 54 XI Total Comprehensive Income for the year (IX + X) 49,027 52,359
Lease liabilities 37 329-330 392 598 Profit for the year attributed to:
Provisions 18 302 447 516
Deferred tax liabilities (net) 19 303 4,454 6,575 Owners of the Company 43,891 56,760
Other non-current liabilities 20 304 21,295 21,158 Non controlling interest - 16
Total non-current liabilities 26,616 28,901 43,891 56,776
Current liabilities Other comprehensive income/(loss) for the year attributable to:
Financial liabilities Owners of the Company 5,136 (4,417)
Borrowings 16 301 4,888 1,063
Trade payables Non controlling interest - -
Total outstanding dues of micro and small enterprises 21 304 698 481 5,136 (4,417)
Total outstanding dues of creditors other than micro and small enterprises 21 304 100,983 74,507 Total comprehensive income for the year attributable to:
Lease liabilities 37 329-330 74 103 Owners of the Company 49,027 52,343
Other financial liabilities 17 301 12,720 9,040 Non controlling interest - 16
Provisions 18 302 7,428 6,807
49,027 52,359
Current tax liabilities (net) 22 304 8,547 6,962
Other current liabilities 20 304 25,867 14,091 Earnings per equity share (`) 32 310
Total current liabilities 161,205 113,054 Basic 145.30 187.95
Total liabilities 187,821 141,955 Diluted 145.30 187.95
Total Equity and Liabilities 712,827 636,277
The accompanying notes are forming part of these consolidated financial statements
The accompanying notes are forming part of these consolidated financial statements For and on behalf of the Board of Directors
For and on behalf of the Board of Directors
In terms of our report attached KENICHI AYUKAWA KENICHIRO TOYOFUKU In terms of our report attached KENICHI AYUKAWA KENICHIRO TOYOFUKU
For Deloitte Haskins & Sells LLP Managing Director & CEO Director For Deloitte Haskins & Sells LLP Managing Director & CEO Director
Chartered Accountants DIN: 02262755 DIN: 08619076 Chartered Accountants DIN: 02262755 DIN: 08619076
JITENDRA AGARWAL AJAY SETH SANJEEV GROVER
Partner Chief Financial Officer Vice President JITENDRA AGARWAL AJAY SETH SANJEEV GROVER
Partner Chief Financial Officer Vice President
& Company Secretary
& Company Secretary
ICSI Membership No: F3788
ICSI Membership No: F3788
Place: New Delhi Place: Gurugram
Place: New Delhi Place: Gurugram
Date: April 27, 2021 Date: April 27, 2021
Date: April 27, 2021 Date: April 27, 2021
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