Hyundai Motor India Ltd
Hyundai Motor India Ltd
Consumer DiscretionaryIncorporated 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]
Hyundai Motor India commands a strong market position with exceptional ROE of 36% (3-year average) and a virtually debt-free balance sheet, justifying a BUY despite elevated valuations at 29.6x PE. With 85% analyst buy ratings and healthy dividend payouts, the stock offers quality exposure to India's growing auto market, though near-term growth moderation warrants monitoring.
Key Fundamentals
LargecapCars & Utility VehiclesAutomobilesTechnical 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 7.88 times its book value
- The company has delivered a poor sales growth of 11.6% over past five years.
Growth Rate
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 3d agoHyundai Motor India commands a strong market position with exceptional ROE of 36% (3-year average) and a virtually debt-free balance sheet, justifying a BUY despite elevated valuations at 29.6x PE. With 85% analyst buy ratings and healthy dividend payouts, the stock offers quality exposure to India's growing auto market, though near-term growth moderation warrants monitoring.
- Exceptional return on equity with 3-year average ROE of 36.4%, indicating highly efficient capital deployment relative to auto sector peers
- Company is almost debt-free, providing significant financial flexibility and resilience during economic downturns
- Overwhelming analyst consensus with 85.19% buy ratings (23 out of 27 analysts recommending buy)
- Strong 5-year compounded profit growth of 24%, demonstrating consistent earnings expansion
- Healthy dividend payout ratio of 26.5% with current yield of 1.06%, offering income alongside growth
- Large-cap stability with market capitalization of Rs 1,59,851 crore providing institutional investor confidence and liquidity
- 5-year compounded sales growth of 12% reflects sustained top-line momentum in a competitive market
- Elevated price-to-book ratio of 8.03x suggests the stock is expensive relative to its asset base, limiting margin of safety
- TTM sales growth has decelerated sharply to just 2%, signaling potential demand slowdown in the near term
- TTM profit growth has turned negative at -4%, indicating margin pressure or one-time headwinds impacting earnings
- PE ratio of 29.6x is rich for an auto company with single-digit near-term revenue growth, creating valuation risk
- 1-year stock CAGR of -2% shows the market has already started repricing growth expectations downward
- Only 5% compounded profit growth over 3 years when excluding the base effect, suggesting normalization of pandemic-era gains
- Poor 5-year sales growth of 11.6% as flagged by analysts, lagging faster-growing domestic competitors in the SUV and EV segments
- 7.41% of analysts rate the stock a sell, and with slowing growth metrics, consensus downgrades remain a risk
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago- Domestic sales up 9.1% YoY Jun 1
Hyundai sold 47,837 units domestically in May 2026, up 9.1% YoY. Total sales including exports reached 61,137 units with 4.1% YoY growth.
- Supplier fire disrupts Chennai plant Jun 10
A fire at Mobis India Limited's facility on May 31 caused temporary production disruption at Chennai Plant 1. Operations expected to normalize by June 22, 2026, with losses recovered within the next quarter and no notable impact on June retail sales.
- Price hike up to ₹12,800 May 28
Hyundai raised vehicle prices by up to ₹12,800 effective June 1, 2026, citing rising input costs and higher commodity prices. The extent varies by model and variant.
- No encumbrance on promoter shares Jun 15
Hyundai Motor Company confirmed no encumbrance on shares held in Hyundai Motor India for FY ended March 31, 2026, complying with SEBI regulations.
- Investor meet scheduled in Chennai Jun 9
Hyundai Motor India held an investor conference on June 12, 2026 in Chennai covering publicly available information without sharing UPSI.
TL;DR: Hyundai Motor India is showing healthy domestic sales momentum with 9.1% YoY growth in May 2026. The supplier fire at Mobis India caused a temporary production disruption but management expects full recovery by late June with minimal retail impact. Price hikes signal input cost pressures but also pricing power. The near-term outlook is stable, with production normalization and sustained demand being the key monitorables.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| OPM % | 12% | 13% | 13% | 14% | 13% | 13% | 11% | 14% | 13% | 14% | 11% | 10% |
| Other Income | 388 | 383 | 369 | 333 | 224 | 192 | 244 | 210 | 215 | 231 | 244 | 259 |
| Interest | 37 | 35 | 49 | 37 | 32 | 29 | 30 | 36 | 25 | 17 | 27 | 38 |
| Depreciation | 560 | 557 | 534 | 558 | 529 | 519 | 527 | 530 | 528 | 518 | 569 | 584 |
| 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 |
| Tax % | 26% | 27% | 27% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 22% |
| 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 |
| EPS in Rs | — | — | — | — | 18.33 | 16.93 | 14.29 | 19.87 | 16.85 | 19.35 | 15.19 | 15.45 |
Profit & Loss
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 40,972 | 47,378 | 60,308 | 69,829 | 69,193 | 70,763 |
| Expenses | 36,724 | 41,887 | 52,753 | 60,750 | 60,277 | 62,165 |
| Operating Profit | 4,249 | 5,491 | 7,554 | 9,079 | 8,915 | 8,598 |
| OPM % | 10% | 12% | 13% | 13% | 13% | 12% |
| Other Income | 430 | 582 | 1,124 | 1,527 | 908 | 949 |
| Interest | 165 | 132 | 142 | 158 | 127 | 106 |
| Depreciation | 1,973 | 2,170 | 2,190 | 2,208 | 2,105 | 2,198 |
| PBT | 2,540 | 3,772 | 6,346 | 8,240 | 7,591 | 7,243 |
| Tax % | 26% | 23% | 26% | 26% | 26% | 25% |
| Net Profit | 1,881 | 2,902 | 4,709 | 6,060 | 5,640 | 5,432 |
| EPS in Rs | — | — | — | — | 69.41 | 66.85 |
| 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 | -1,941 |
| Financing | 143 | -1,662 | -1,579 | -15,930 | -63 | -1,591 |
| Net Cash Flow | 3,342 | 2,566 | 3,602 | -16,768 | 3,872 | 3,789 |
| 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
Frequently Asked Questions about Hyundai Motor India Ltd
What does Hyundai Motor India Ltd do?
Where is Hyundai Motor India Ltd (HYUNDAI) listed?
Which sector does Hyundai Motor India Ltd belong to?
What is the market capitalisation of Hyundai Motor India Ltd?
What is the PE ratio of Hyundai Motor India Ltd?
What is the 52-week high and low of Hyundai Motor India Ltd?
Does Hyundai Motor India Ltd pay dividends?
How can I research Hyundai Motor India Ltd on Tapetide?
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]