Hyundai Motor India Ltd
HYUNDAI NSE
Hyundai Motor India Ltd
AutomobilesNSE: HYUNDAI BSE: 544274 Cars & Utility Vehicles
Key Fundamentals
LargecapCars & Utility VehiclesAutomobilesMarket Cap
1.8L Cr
Volatility
Moderate
P/E Ratio
35.88
EBITDA
₹9,548 Cr
Return on Equity
27.14%
Debt to Equity
0.05
Book Value
₹246.33
52W High
₹2,890
52W Low
₹1,658
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Hyundai Motor India Ltd insights
35 extracted metrics + investor summaries across FY21–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.4%
- Company has been maintaining a healthy dividend payout of 26.5%
Weaknesses
2- Stock is trading at 8.89 times its book value
- The company has delivered a poor sales growth of 11.6% over past five years.
Growth Rate
Revenue Growth
2.35% ↗
Net Income Growth
-3.70% ↗
Cash Flow Change
68.50% ↗
ROE
-21.58% ↗
ROCE
-20.42% ↗
EBITDA Margin (Avg.)
-5.00% ↗
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk medium
Hyundai Motor India is a nearly debt-free automaker with a market cap of ~₹1.84 lakh crore trading at a P/E of 36.4x and 9x book value. FY26 revenue grew just 2% YoY to ₹70,763 crore while annual PAT and EBITDA declined, and the company slipped from 2nd to 4th position in domestic PV sales rankings after 16 years as India's No. 2 carmaker.
Bull Case 8
- Virtually debt-free balance sheet provides financial flexibility for EV investments and capacity expansion
- 3-year average ROE of ~36.4% is exceptionally high for an automaker, indicating efficient capital deployment
- Healthy dividend payout of 26.5% with ₹21/share dividend declared for FY26 (dividend yield ~0.94%)
- SUV mix in portfolio is rising with rural SUV share reaching 72% in Q2 FY26, aligning with India's premiumization trend
- Creta Electric launched with Battery-as-a-Service model at ₹10.99 lakh entry price, positioning for India's EV transition with localization of battery cells and power electronics planned
- Q4 FY25 EBITDA margin recovered to 14.1% from 11.3% in Q3 FY25, showing operational resilience
- India passenger vehicle market projected to grow at 7.5% CAGR through 2031 (to ~USD 64 billion), providing a structural tailwind
- 5-year compounded profit growth of 24% demonstrates strong earnings trajectory over the medium term
Bear Case 8
- Stock trades at 9.01x book value — expensive for an automaker facing volume declines
- Lost No. 2 position in domestic PV sales after 16 years, slipping to 4th behind Tata Motors and Mahindra & Mahindra in FY26
- FY26 domestic sales declined 2.3% to 5,84,906 units vs 5,98,666 units in FY25, indicating competitive pressure
- FY26 annual EBITDA fell 4% YoY to ₹8,598 crore with margin compressing from 12.9% to 12.2%
- TTM profit growth is negative at -10%, with Q4 FY26 PAT falling 23% YoY to ₹1,221 crore
- Compounded sales growth of only 5% over 3 years and 4% TTM suggests sluggish top-line momentum
- P/E of 36.4x is elevated relative to declining earnings, leaving limited margin of safety if growth does not reaccelerate
- Creta Electric faces stiff competition and required price intervention (BaaS, buyback programs) just 18 months post-launch, signaling weaker-than-expected EV demand
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 20h ago Headwinds 1
- Q1 profit drops 35% YoY Jul 30
Q1FY27 net profit fell 35% YoY to ₹8,886M due to rising operational costs and production disruptions. EBITDA margin compressed to 9.3%.
Positives 4
- Record July sales at 75,360 units Aug 1
Hyundai Motor India posted highest-ever monthly sales of 75,360 units in July 2026, driven by strong domestic and export growth.
- ₹45,000 Cr capex, RE100 achieved Aug 3
FY26 BRSR filing highlights ₹45,000 crore capex plan for electrification and expansion. Company achieved RE100 status with 100% renewable energy usage.
- ₹21/share final dividend proposed Aug 3
30th AGM scheduled for August 26, 2026 with agenda including adoption of FY26 financials and final dividend of ₹21 per share.
- Retail sales up 7.4% in Q2 Jul 23
Hyundai Motor India reported 7.4% rise in Q2 retail sales in India, reflecting strong consumer demand at the dealership level.
Neutral 2
- Analyst meet on Aug 19 Aug 14
Hyundai Motor India will host an investor conference on August 19, 2026, organized by Motilal Oswal, covering publicly available information.
- Q1FY27 earnings call transcript out Aug 6
Transcript of Q1FY27 earnings call held on July 30, 2026 has been published discussing un-audited financial results.
TL;DR: Hyundai Motor India is delivering strong volume growth with record July sales of 75,360 units and 7.4% retail sales increase, but profitability is under pressure with a 35% YoY net profit decline and margin compression to 9.3%. The ₹45,000 crore capex commitment and RE100 achievement signal long-term EV positioning. Near-term trend is mixed — top-line momentum is solid but cost headwinds need to stabilize for margin recovery.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16,624 | 18,660 | 16,875 | 17,671 | 17,344 | 17,260 | 16,648 | 17,940 | 16,413 | 17,461 | 17,973 | 18,916 | 16,335 |
| Expenses | 14,626 | 16,220 | 14,701 | 15,149 | 15,004 | 15,055 | 14,772 | 15,408 | 14,228 | 15,032 | 15,955 | 16,950 | 14,823 |
| Operating Profit | 1,997 | 2,440 | 2,173 | 2,522 | 2,340 | 2,205 | 1,876 | 2,533 | 2,185 | 2,429 | 2,018 | 1,966 | 1,512 |
| OPM % | 12% | 13% | 13% | 14% | 13% | 13% | 11% | 14% | 13% | 14% | 11% | 10% | 9% |
| Other Income | 388 | 383 | 369 | 333 | 224 | 192 | 244 | 210 | 215 | 231 | 244 | 259 | 274 |
| Interest | 37 | 35 | 49 | 37 | 32 | 29 | 30 | 36 | 25 | 17 | 27 | 38 | 27 |
| Depreciation | 560 | 557 | 534 | 558 | 529 | 519 | 527 | 530 | 528 | 518 | 569 | 584 | 557 |
| PBT | 1,788 | 2,232 | 1,960 | 2,260 | 2,003 | 1,850 | 1,563 | 2,175 | 1,847 | 2,126 | 1,666 | 1,604 | 1,202 |
| Tax % | 26% | 27% | 27% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 22% | 26% |
| Net Profit | 1,329 | 1,628 | 1,425 | 1,677 | 1,490 | 1,375 | 1,161 | 1,614 | 1,369 | 1,572 | 1,234 | 1,256 | 889 |
| EPS in Rs | — | — | — | — | 18.33 | 16.93 | 14.29 | 19.87 | 16.85 | 19.35 | 15.19 | 15.45 | 10.94 |
Profit & Loss
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 40,972 | 47,378 | 60,308 | 69,829 | 69,193 | 70,763 | 70,685 |
| Expenses | 36,724 | 41,887 | 52,753 | 60,750 | 60,277 | 62,202 | 62,760 |
| Operating Profit | 4,249 | 5,491 | 7,554 | 9,079 | 8,915 | 8,561 | 7,925 |
| OPM % | 10% | 12% | 13% | 13% | 13% | 12% | 11% |
| Other Income | 430 | 582 | 1,124 | 1,527 | 908 | 986 | 1,009 |
| Interest | 165 | 132 | 142 | 158 | 127 | 106 | 109 |
| Depreciation | 1,973 | 2,170 | 2,190 | 2,208 | 2,105 | 2,198 | 2,227 |
| PBT | 2,540 | 3,772 | 6,346 | 8,240 | 7,591 | 7,243 | 6,598 |
| Tax % | 26% | 23% | 26% | 26% | 26% | 25% | — |
| Net Profit | 1,881 | 2,902 | 4,709 | 6,060 | 5,640 | 5,432 | 4,951 |
| EPS in Rs | — | — | — | — | 69.41 | 66.85 | 60.93 |
| Div. Payout % | 72% | 51% | 99% | 18% | 30% | 31% | — |
Balance Sheet
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 813 | 813 | 813 | 813 | 813 | 813 |
| Reserves | 14,499 | 16,044 | 19,242 | 9,853 | 15,484 | 19,202 |
| Borrowings | 1,354 | 1,178 | 1,189 | 833 | 850 | 1,098 |
| Other Liabilities | 10,065 | 10,324 | 13,329 | 14,850 | 12,951 | 13,292 |
| Total Liabilities | 26,731 | 28,358 | 34,573 | 26,349 | 30,097 | 34,404 |
| Fixed Assets | 7,288 | 6,671 | 6,150 | 7,614 | 7,105 | 13,070 |
| CWIP | 818 | 529 | 1,337 | 653 | 4,718 | 725 |
| Investments | 0 | 0 | 0 | 0 | 0 | 7 |
| Other Assets | 18,625 | 21,158 | 27,086 | 18,082 | 18,274 | 20,602 |
| Total Assets | 26,731 | 28,358 | 34,573 | 26,349 | 30,097 | 34,404 |
Cash Flow
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Operating | 5,423 | 5,138 | 6,564 | 9,252 | 4,345 | 7,321 |
| Investing | -2,224 | -910 | -1,383 | -10,090 | -410 | -1,864 |
| Financing | 143 | -1,662 | -1,579 | -15,930 | -63 | -1,591 |
| Net Cash Flow | 3,342 | 2,566 | 3,602 | -16,768 | 3,872 | 3,866 |
| Free Cash Flow | 2,844 | 3,885 | 4,315 | 6,020 | -948 | 3,070 |
| CFO/OP | 149 | 108 | 115 | 127 | 71 | 103 |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 22 | 17 | 18 | 13 | 13 | 11 |
| Inventory Days | 30 | 29 | 28 | 23 | 25 | 26 |
| Days Payable | 71 | 55 | 60 | 53 | 52 | 52 |
| Cash Conversion Cycle | -19 | -9 | -15 | -16 | -14 | -15 |
| Working Capital Days | -29 | -25 | -27 | -31 | -20 | -20 |
| ROCE % | — | 23% | 33% | 51% | 54% | 38% |
Documents
1
Audited Financial Results For The Quarter And Year Ended March 31, 2026
8 May - Hyundai Motor India reported FY26 audited standalone and consolidated results; board recommended Rs 21 final dividend. 8 May - Hyundai Motor India reported FY26 audited standalone and consolidated results; board recommended Rs 21 final dividend.
2
Board Meeting Outcome for Audited Financial Results For The Quarter And Year Ended March 31, 2026 And Declaration Of Final Dividend Of Rs. 21/- Per Share, Subject To Approval Of Shareholders
8 May - FY26 audited standalone/consolidated results approved; final dividend Rs21/share recommended; auditors issued unmodified opinion. 8 May - FY26 audited standalone/consolidated results approved; final dividend Rs21/share recommended; auditors issued unmodified opinion.
3
Press Release
8 May - Hyundai Motor India reported FY26 results, proposed Rs 21 dividend, and plans Pune capacity expansion to 1.14 million by 2030. 8 May - Hyundai Motor India reported FY26 results, proposed Rs 21 dividend, and plans Pune capacity expansion to 1.14 million by 2030.
5
Audio Recording Link
8 May - Audio recording released for Q4 and FY26 audited financial results presentation. 8 May - Audio recording released for Q4 and FY26 audited financial results presentation.
Frequently Asked Questions about Hyundai Motor India Ltd
What does Hyundai Motor India Ltd do?
Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer in the world based on passenger vehicle sales.[1]
Where is Hyundai Motor India Ltd (HYUNDAI) listed?
Hyundai Motor India Ltd is listed on the Indian stock exchanges. It is listed on NSE: HYUNDAI and BSE: 544274. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Hyundai Motor India Ltd belong to?
Hyundai Motor India Ltd operates in the Automobiles sector within the Cars & Utility Vehicles industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Hyundai Motor India Ltd?
Hyundai Motor India Ltd has a market capitalisation of approximately ₹179888.47 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Hyundai Motor India Ltd?
The Price-to-Earnings (PE) ratio of Hyundai Motor India Ltd is 35.88. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Hyundai Motor India Ltd?
Over the past 52 weeks, Hyundai Motor India Ltd has traded between a low of ₹1,658 and a high of ₹2,890. This range helps investors understand the stock's price volatility and recent trading levels.
Does Hyundai Motor India Ltd pay dividends?
Yes, Hyundai Motor India Ltd has a dividend yield of 0.96%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Hyundai Motor India Ltd?
Hyundai Motor India Ltd has a Return on Equity (ROE) of 27.14%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Hyundai Motor India Ltd on Tapetide?
On Tapetide, you can view Hyundai Motor India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer in the world based on passenger vehicle sales.[1]
Website hyundai.com
CEO Mr. Tarun Garg
Employees 6,081
Listed 2024-10-22
Face Value ₹ 10
Issued Size 81,25,41,100