Semiconductor shortage persists
Electronic component shortages caused 28,000 units of lost production in Q1; limited visibility on supplies.
MARUTI / Q1-FY24 / risks
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Maruti · Material risks, their source context, and severity in the latest available quarter.
Research layer active
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Risk intelligence
Material risks this quarter
high
Small car segment slowdown
Small car share declined to 32% of industry; first-time buyer ratio fell to 40% from 42-44%.
Discounts and inventory pressure
Discounts increased to INR 16,214 per vehicle from INR 12,748 YoY; dealer inventory at 125,000 units (~4 weeks).