Hyundai Motor India Ltd: Business Overview & Financial Analysis
Hyundai Motor India Limited is one of India's leading passenger vehicle manufacturers and a wholly owned subsidiary of Hyundai Motor Company. The company manufactures and sells hatchbacks, sedans, SUVs, and electric vehicles while serving both domestic and international markets. With manufacturing facilities near Chennai and the newly acquired Talegaon plant in Pune, Hyundai Motor India continues to strengthen its production capacity and expand its presence across India and key export markets.
Hyundai Motor India Business Segment and Vehicle Mix (FY2025-26)
Hyundai Motor India's sales are led by SUVs, while exports and rural markets continue to contribute significantly to overall vehicle volumes.
- SUVs Share – 64.0% of total quarterly vehicle sales
- CNG Models Share – 18.0% of quarterly domestic sales
- Rural Market Contribution – 25.0% of domestic sales
- Domestic Sales Share – 79.0% of total dispatches
- Export Sales Share – 21.0% of total dispatches
SUVs remained the largest contributor to Hyundai Motor India's sales, led by models such as the Creta and Exter. The company also continued expanding its presence in rural markets and the CNG passenger vehicle segment.
Hyundai Motor India Full-Year Financial Performance (FY2025-26)
Hyundai Motor India reported stable revenue growth during FY2025-26, while profitability was affected by higher operating costs.
- Revenue from Operations – Rs 70,763.33 crore (+2.3% YoY)
- EBITDA Margin – 12.2%
- Profit After Tax (PAT) – Rs 5,431.52 crore (-4.0% YoY)
- Final Dividend – Rs 21 per equity share (Face value Rs 10)
- FY2024-25 Revenue – Rs 69,192.89 crore
Higher exports and favourable pricing supported the company's financial performance, while profit declined because of rising commodity costs and investments in manufacturing expansion.
Hyundai Motor India Latest Quarterly Financial Performance (Q4 FY2025-26)
The latest quarterly results reflected healthy revenue growth, although margins remained under pressure.
- Quarterly Revenue – Rs 18,916.15 crore (+5.4% YoY)
- Quarterly EBITDA – Rs 1,966.00 crore (-22.4% YoY)
- EBITDA Margin – 10.4%
- Quarterly Profit After Tax (PAT) – Rs 1,255.63 crore (-22.2% YoY)
- Total Operating Expenses – Rs 17,571.66 crore (+10.0% YoY)
Hyundai Motor India's quarterly revenue benefited from higher vehicle sales, while earnings were impacted by higher employee expenses, inventory-related costs, and implementation of the new Labour Codes.
Hyundai Motor India Sales and Production Performance (FY2025-26)
The company recorded healthy growth in both domestic and export vehicle sales during the year.
- Total Vehicle Sales – 7,62,052 units (+1.7% YoY)
- Domestic Wholesale Sales – 5,98,666 units (+2.3% YoY)
- Export Sales – 1,63,386 units (+16.4% YoY)
- Q4 Total Dispatches – 2,08,275 units (+8.7% YoY)
- Q4 Domestic Sales – 1,66,578 units (+8.5% YoY)
- Q4 Export Sales – 41,697 units (+9.4% YoY)
Export volumes continued to grow at a faster pace than domestic sales, reinforcing Hyundai Motor India's position as an important manufacturing and export hub for global markets.
Hyundai Motor India Manufacturing Capacity (As of March 31, 2026)
Hyundai Motor India continues to expand its production capabilities to support future growth.
- Chennai Plant Capacity – 8,24,000 units annually
- Talegaon (Pune) Plant – Under phased development
- Total Production Capacity Target – 1.14 million units annually by 2030
- Safety Achievement – 5-star Bharat NCAP rating for flagship models
The addition of the Pune manufacturing facility will help Hyundai Motor India increase production capacity while supporting new product launches and export demand.
Hyundai Motor India Capex and Expansion Plans (FY2025-26)
The company has outlined a long-term investment plan to expand manufacturing capacity and introduce new vehicle models.
- Planned India Capex – Rs 7,500 crore
- Pune Plant Phase-II Expansion – Additional 70,000-unit annual capacity
- New Vehicle Launch Pipeline – 26 models planned by FY2030
- First Pune Production Model – New Hyundai Venue
The investment programme is focused on increasing production capacity, modernising manufacturing facilities, and supporting future domestic and export demand.
Hyundai Motor India Management Outlook (Q4 FY2025-26)
Management remains optimistic about growth across domestic and international markets.
- Domestic Sales Outlook – 8% to 10% growth expected in FY2026-27.
- Export Growth Target – 8% to 10% increase in overseas shipments.
- EBITDA Margin Guidance – Expected to remain between 11% and 14%.
- Product Strategy – Focus on launching vehicles in high-growth segments.
- Manufacturing Flexibility – Production facilities designed to respond quickly to changing demand.
- Global Risks – Monitoring geopolitical developments and supply chain disruptions.
- Alternative Fuel Strategy – Continued expansion of the CNG vehicle portfolio.
The company's strategy remains focused on strengthening its SUV portfolio, expanding manufacturing capacity, increasing exports, and introducing new products to support long-term growth.
Citations
[1] Univest: Hyundai Motor India Q4 FY26 Results and Cost Analysis (May 8, 2026).
[2] Business Standard: Hyundai Motor India FY26 Results and Capacity Expansion Update (May 8, 2026).
[3] Hyundai Motor India: FY2025-26 Financial Results Press Release and Investor Presentation (May 8, 2026).
[4] Multibagg AI: Hyundai Motor India Capex and Product Pipeline Review (2026).
Want to filter out stocks using your own financial benchmarks? You can use the Stock Screener on Finology Ticker to identify and compare companies based on specific growth and efficiency metrics.
Disclaimer
The information presented above on Hyundai Motor India has been compiled from the company's Annual Reports, Investor Presentations, Earnings Call (Concall) Transcripts, official regulatory filings and the financial data available on Finology Ticker. Certain figures, classifications or comparisons may vary due to differences in accounting policies, reporting methodologies or subsequent restatements by the company. This content is intended solely for informational purposes and should not be considered as investment advice. Investors are advised to refer to the latest company filings and the updated financial data, ratios and disclosures available on the Finology Ticker Hyundai Motor India page before making any investment decision.