Hyundai Motor India
- Market cap
- ₹ 1,50,320 Cr.
- P/E
- 30.6x
- P/B
- 7.7x
- 52-week range
- 1,658 – 2,468
- ROE
- 30%
- ROCE
- 38%
- Dividend yield
- 1.1%
- Debt / equity
- 0.05
- Sector
- Automobiles
- Industry
- Passenger Cars & Utility Vehicles
- Listed on
- NSE, BSE
About
Hyundai Motor India Limited (HMIL) is an India-based smart mobility solutions provider. The Company is a wholly owned subsidiary of Hyundai Motor Company. The Company is in the business of manufacturing and supplying motor vehicles, engines, transmission and other parts, related after-sales activities, and related engineering and broking services. It operates with a network of over 1,366 sales points and 1,550 service points across India. Its model line-up consists of car models across different customer segments, including Grand i10 NIOS, i20, i20 N Line, AURA, EXTER, EXTER Hy-CNG Duo, VENUE, VENUE N Line, VERNA, CRETA, CRETA N Line, CRETA Electric, ALCAZAR, TUCSON and the all-electric SUV IONIQ 5. HMIL also forms a critical part of HMC’s global export hub with exports spanning across Africa, the Middle East, and other countries, including Bangladesh, Nepal, Bhutan and Sri Lanka. HMIL’s manufacturing plant, near Chennai, is optimized to manufacture its full range of vehicle models.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Passenger Cars & Utility Vehicles: 8 companies →Hyundai Motor India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)30.6 against a typical 28.9: pricier than most peers (1st = cheapest).5th of 8
- Sales growth−0.5% against a typical +27.8% from a year earlier.7th of 7
- Profit growth−35.1% against a typical −2.6% from a year earlier.6th of 8
- Share price, 3 months−4.8% against a typical −10.2%.2nd of 8
- Size₹ 1,50,320.1 Cr. market value against a typical ₹ 21,362.2 Cr. (1st = largest).2nd of 5
Latest announcements
Exchange filings and their impact on the company.
- Strong Q2 sales growth of 18.5% overshadowed by 24% profit fall on sharp margin compression.
Hyundai Motor India reported Q2 FY27 consolidated revenue of Rs 20,696 crore, up 18.5% from a year ago, and H1 revenue of Rs 37,031 crore, up 9.3%. But Q2 net profit fell 23.9% to Rs 1,196 crore and H1 profit fell 29% to Rs 2,085 crore as material and other costs squeezed margins. Cash and bank balances dropped to Rs 7,645 crore after heavy capex and dividend payouts, while capacity expansion continued with CWIP rising sharply.
- Hyundai launched mid-size SUV BAYON from Rs 9.99 lakh to drive fresh volume growth in India and 50+ export markets.
Hyundai Motor India launched its new mid-size SUV, Hyundai BAYON, on October 26, 2026 at a starting price of Rs 9,99,900 ex-showroom. The petrol-only model offers 1.5L engine with manual and iVT options, Generative AI voice assistant, Level 2 Pro ADAS and 5-star safety platform. Made in India, it will be sold domestically and exported to more than 50 markets, supporting Hyundai's next growth cycle.
- Pune plant opens at 170k capacity with Rs 11,000 cr investment plan, adding meaningful volume growth over 12 months.
Hyundai Motor India formally inaugurated its Talegaon Pune plant on October 14, 2026, with current capacity of 170,000 units per year set to rise to 320,000 units by 2030. The company plans to invest up to Rs 11,000 crore in phases at the facility, which will exclusively make the new Venue for domestic and over 35 export markets. Combined with Chennai, total capacity will reach nearly 1.14 million units by 2030, supporting volume growth though near-term spending and ramp costs will weigh on margins.
- Hyundai Group commits $15.5bn India ecosystem spend to 2032, supercharging HMIL capacity and R&D.
Hyundai Motor Group announced a USD 15.5 billion investment in India from 2026 to 2032 covering manufacturing expansion at Hyundai Motor India and Kia India, R&D infrastructure including a USD 700 million R&D centre, local suppliers and future mobility. The Group has over 1.4 million units annual capacity in India and will set up a dedicated investment entity to execute the plan. For Hyundai Motor India this means a multi-year capacity and technology upcycle with heavy upfront capex but volume and export benefits phasing in over time.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AAA | Stable | 25 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 25 Aug 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 3,800 Cr. | |
| 21 Aug 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 3,800 Cr. | |
| 21 Aug 2025 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 3,800 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 30 Jul 2026 | Financial Results | To consider and approve the financial results for the quarter and period ended June 30, 2026 |
| 8 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend for the Financial Year 2025-26. |
| 2 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 30 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 30 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 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 | 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 | 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 % | 13% | 13% | 14% | 13% | 13% | 11% | 14% | 13% | 14% | 11% | 10% | 9% |
| Other Income | 383 | 369 | 333 | 224 | 192 | 244 | 210 | 215 | 231 | 244 | 259 | 274 |
| Interest | 35 | 49 | 37 | 32 | 29 | 30 | 36 | 25 | 17 | 27 | 38 | 27 |
| Depreciation | 557 | 534 | 558 | 529 | 519 | 527 | 530 | 528 | 518 | 569 | 584 | 557 |
| Profit before tax | 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 % | 27% | 27% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 22% | 26% |
| Net Profit | 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 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- 5%
- TTM
- 4%
- 10 Years
- —
- 5 Years
- 24%
- 3 Years
- 5%
- TTM
- −10%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 30%
- 3 Years
- 36%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Hyundai Motor India | ₹ 1,922.00 | ₹ 1,50,320 Cr. | 30.6x | 7.7x | 30% | — |
| Eicher Motors | ₹ 7,050.00 | ₹ 1,93,538 Cr. | 37.4x | 8.3x | 23.8% | 23.6% |
| Ashok Leyland | ₹ 145.95 | ₹ 85,729 Cr. | 19.7x | 6.4x | 26.2% | 6.6% |
| Tata Motors | ₹ 398.00 | ₹ 1,46,575 Cr. | 38.6x | 12x | — | 3.6% |
| Maruti Suzuki India | ₹ 11,258.95 | ₹ 3,53,984 Cr. | 29.6x | 4.1x | 14.4% | 8% |
| Force Motors | ₹ 16,391.00 | ₹ 21,362 Cr. | 23.1x | 5.7x | 33.5% | 13.4% |
Management
- Tarun Garg
- Chief Executive Officer, Managing Director, Executive Director
- Wangdo Hur
- Chief Financial Officer, Whole-Time Director
- Pradeep Chugh
- Company Secretary and Compliance Officer
- Chathapuram Sivaramakrishnan Gopalakrishnan
- Chief Manufacturing Officer, Whole-Time Director
- Hariharan K.S.
- Vertical Head - Investor Relations
- Amitabh Lal Das
- Business Head - Chief Legal Officer
- Ho Jeong In
- Function Head - Production (Pune)
- Rupesh Kapoor
- Vertical Head - Channel Strategy
Prices are delayed and for information only. Nothing on this page is investment advice.