New Delhi, April 28 -- Maruti Suzuki is not losing sleep over market share erosion, with its plants running at full capacity and demand outstripping supply, leaving the carmaker with a backlog of nearly 200,000 orders, chairman R.C. Bhargava said on Tuesday.

India's biggest carmaker sold 2.4 million cars in FY26, up 8% year-on-year (y-o-y), with domestic sales rising 4% to 1.97 million units, and exports climbing 35% to nearly 450,000 units.

However, its market share in passenger vehicles (cars + SUVs) slipped to 39.2% in FY26 from 40.9% in FY25, according to data from Siam (Society of Indian Automobile Manufacturers).

Bhargava downplayed the decline while speaking to the media after the release of the company's January-March quarter e...