Maruti May 2012 domestic sales at 89478 units-news03062012

Maruti Suzuki domestic sales at 89478 units, which declines by 4.3% (YoY):

    The key negative surprise comes from petrol segment consisting of Alto, Wagon R, A-Star that declined by 29% YoY. We estimate Alto volumes around 17-18,000 for the May 2012.
    Omni / Eeco volumes were lowest since Jan 2012.
    Exports volumes were also disappointing that touched a low since Dec 2011.

Maruti     12-May     11-May     MoM(%)     YoY(%)     FY13     FY12     YoY(%)
Mini- 800, A-Star, Alto, Wagon R     29895     42125     -2.70%     -29.00%     60615     83869     -27.70%
Compact- Swift, Estillo, Ritz     24290     21185     -6.80%     14.70%     50362     39412     27.80%
Super Compact- Dzire,SX4     17707     10812     14.20%     63.80%     33217     22609     46.90%
Mid Size- SX4     405     2702     -36.10%     -85.00%     1039     4804     -78.40%
Executive- Kizashi     12     50     300.00%     NA     15     85     -82.40%
Total Passenger cars     72,309     76,874     -0.90%     -5.90%     1E+05     2E+05     -3.70%
UV's- Grand Vitara, Ertiga     7734     1100     38.30%     603.10%     13327     1317     911.90%
Vans- Omni, Eeco      9435     15545     -19.50%     -39.30%     21158     28567     -25.90%
Total Domestic Sales     89478     93519     -0.90%     -4.30%     2E+05     2E+05     -0.50%
Export     9406     10554     -7.40%     -10.90%     19566     20565     -4.90%
Total Sales     98884     104073     -1.50%     -5.00%     2E+05     2E+05     -1.00%

At 10.30 am, Maruti Suzuki was trading at Rs1105.50, down by 0.09%, with a volume of 0.37 lakh shares on the BSE.
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