Hyundai Motor India Ltd
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]
- Market Cap ₹ 1,50,608 Cr.
- Current Price ₹ 1,853
- High / Low ₹ 2,890 / 1,658
- Stock P/E 27.7
- Book Value ₹ 246
- Dividend Yield 1.13 %
- ROCE 38.4 %
- ROE 29.9 %
- Face Value ₹ 10.0
Pros
- 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%
Cons
- Stock is trading at 7.52 times its book value
- The company has delivered a poor sales growth of 11.6% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 40,972 | 47,378 | 60,308 | 69,829 | 69,193 | 70,763 | |
| 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% |
| 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 |
| Profit before tax | 2,540 | 3,772 | 6,346 | 8,240 | 7,591 | 7,243 |
| Tax % | 26% | 23% | 26% | 26% | 26% | 25% |
| 1,881 | 2,902 | 4,709 | 6,060 | 5,640 | 5,432 | |
| EPS in Rs | 69.41 | 66.85 | ||||
| Dividend Payout % | 72% | 51% | 99% | 18% | 30% | 31% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 5% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 5% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 36% |
| Last Year: | 30% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 |
| 1,354 | 1,178 | 1,189 | 833 | 850 | 1,098 | |
| 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 |
| 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 |
| 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 Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 5,423 | 5,138 | 6,564 | 9,252 | 4,345 | 7,321 | |
| -2,224 | -910 | -1,383 | -10,090 | -410 | -1,941 | |
| 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
Consolidated Figures in Rs. Crores / View Standalone
| 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% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic sales volume Units |
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| Installed Production Capacity (Chennai Plant) Units/Annum ・Standalone data |
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| Domestic Market Share (Passenger Vehicles) % |
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| Sales Outlets Number ・Standalone data |
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| Capacity Utilization Rate % ・Standalone data |
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| Localization Level % ・Standalone data |
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| Rural Sales Contribution % ・Standalone data |
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| SUV Contribution to Domestic Sales % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Audio Recording Link
8 May - Audio recording released for Q4 and FY26 audited financial results presentation.
- Investor Presentation Mar 31, 2026 8 May
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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.
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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.
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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.
Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptPPT REC
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Feb 2026TranscriptAI SummaryPPT
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Oct 2025Transcript PPT REC
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Jul 2025Transcript PPT
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT
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Nov 2024Transcript PPT REC
Business Profile[1] HMI offers a broad portfolio of 13 models, including sedans, hatchbacks, SUVs, and electric vehicles (EVs). It has been a key exporter, ranking second in India from April 2021 through June 2024, and has sold nearly 12 Mn vehicles domestically and internationally since inception.