Hyundai Motor India Ltd(HYUNDAI)

NSE: HYUNDAIBSE: 544274

₹ 1,862.15+0.66%refreshed 26 Oct, 02:00 pm ISTMarket cap: ₹ 1.51 L crNext results: 28 Oct 2026Website: www.hyundai.com/in/enUpdated: 24 Oct 2026

About

Hyundai Motor India Ltd (HMIL) manufactures and sells passenger vehicles across hatchbacks, sedans, SUVs, and EVs from its Chennai and Pune plants, with a combined installed capacity of 9,94,000 units per annum. It reported revenue of Rs 70,763.33 Cr in FY26 from a single automobile segment. HMIL exports to more than 70 countries and held a 34% share of the mid-size SUV segment in CY2025.^[1][2][3]

Products and portfolio

HMIL reports a single automobile segment, with revenue of Rs 70,763.33 Cr in FY26 vs Rs 69,192.89 Cr in FY25.^[2][4]
HMIL manufactures 15 passenger vehicle models across 450+ variants spanning hatchbacks, sedans, SUVs, Taxi, and EVs on shared production lines as of FY26.^[2]
SUV lineup: EXTER, VENUE, VENUE N Line, CRETA, CRETA N Line, ALCAZAR. EVs: CRETA Electric and IONIQ 5. Hatchbacks: Grand i10 Nios, i20, i20 N Line. Sedans: AURA, VERNA. Taxi: PRIME HB, PRIME SD.^[2]
Portfolio covers Petrol, Turbo, Diesel, CNG, and EV powertrains with MT, AMT, AT, DCT, and iVT transmission options as of FY26.^[2]
HMIL entered commercial mobility in Q3 FY26 with PRIME HB and PRIME SD variants.^[5]

Manufacturing capacity and operations

Total installed production capacity reached 9,94,000 units per annum after commissioning the Pune plant, as of FY26.^[2]
Chennai plant: 8,24,000 units annual capacity across 536 acres; 13.5 million vehicles produced cumulatively till March 2026.^[2]
Pune plant inaugurated (filing of 14 Oct 2026) with annual installed capacity of 170,000 units, expandable to 320,000 units by 2030.^[6]
Pune (Talegaon) plant commenced vehicle production on October 1, 2025; produced 64,830 units in its first operational months.^[2]
Chennai Plant 1 utilisation stood at 72% in CY2026 after the Venue shifted to Pune; expected to recover to ~90 - 92% in CY2027 as two new models ramp up.^[7]
Localisation reached 83% in Q1 FY27, up from ~77 - 78% a couple of years ago; target is 90% by 2030.^[7]
Key critical components are primarily sourced from Hyundai Motor Company or other Hyundai Motor Group entities, as of FY25.^[4]

Key operating volumes and mix

Total wholesale volumes: 7,75,031 units in FY26 (+1.7% YoY); 1,78,082 units in Q1 FY27 (−1.3% YoY).^[1]
Domestic wholesale: 1,39,374 units in Q1 FY27 (+5.4% YoY).^[7]
Export wholesale: 1,90,125 units in FY26 (+16.4% YoY); 38,708 units in Q1 FY27 (−19.6% YoY).^[1]
CNG mix reached an all-time quarterly high of 18.2% in Q1 FY27; Aura at 95% CNG mix and Exter at 32%.^[7]
Domestic discount stood at 2.8% of ASP in Q1 FY27, down from 3.4% in Q1 FY26.^[7]

Market position

HMIL has been India's largest cumulative exporter of passenger vehicles since 1999, with cumulative exports of more than 3.9 million vehicles to over 150 countries.^[2]
Hyundai CRETA crossed 2,00,000 units in CY2025, becoming India's highest-selling SUV with a 34% share of the mid-size SUV segment.^[2]
Hyundai retained No. 1 position in the SUV-Mid category for the 10th consecutive year.^[5]

Distribution and customers

Sales network: 1,508 outlets across 1,125 cities and towns; 1,671 service centres; 89 net outlets added in FY26.^[2]
Rural contribution to domestic volumes reached a record 25.9% in Q1 FY27, up from 22.6% in Q1 FY26.^[7]
Exports contributed 25% of revenue in FY26; export destinations grew from 60+ countries in FY25 to 70+ in FY26; VERNA and Grand i10 anchored export volumes.^[2]
myHyundai app crossed 3.3 million users and integrates over 28,000 public EV charging points as of FY26.^[2]
162 Mobile Service Vans extend service to rural customers; 91% of repair orders opened digitally as of FY26.^[2]

Expansion and capex

Investment of up to INR 11,000 crore announced at the Pune plant (filing of 14 Oct 2026).^[6]
Hyundai Motor Group committed USD 15.5 billion of investment in India over 2026-2032, including USD 700 million for R&D (filing of 13 Oct 2026).^[8]
HMIL plans to invest INR 450,000 million between FY26 and FY30, with 26 new products/variants.^[2]
FY27 capex planned at approximately ₹75,000 million.^[2]
Capacity of 9.94 lakh units to scale to 11.44 lakh units by 2030; Pune to scale from 1,70,000 to 3,20,000 units in phases.^[2]
Pune Phase 2 expansion of 80,000 units targeted by CY2028, taking Pune capacity to 2,50,000 units.^[1]

Upcoming products and green-fuel roadmap

Two all-new SUV nameplates planned by FY27, including a localised mass EV in the compact SUV space and an ICE mid-SUV above 4 metres.^[2][1]
By 2030, HMIL targets a minimum of 6 CNG models, 4 EVs, and 5 - 6 hybrids, with more than 50% of volumes through green fuels.^[7]
HMIL is the global manufacturer of the new Venue for Hyundai Motor Corporation; Venue exports targeted at 35 markets (29 active as of Q1 FY27).^[1][7]
FY27 target of 8 - 10% growth across domestic and export businesses, per the FY26 annual report.^[2]

Recent developments

Oct 2026: Pune plant formally inaugurated at 170,000 units annual capacity.^[6]
June 2026: a supplier facility fire cost ~13,900 units of production (mostly Creta); management stated most was recovered in July 2026.^[7]
All-new Venue launched November 4, 2025 at Pune; nearly 80,000 bookings as of February 2, 2026; 5-star Bharat NCAP rating.^[5]
FY26 annual report attributes a domestic sales decline to lower product enhancement activity than competitors.^[2]

Market Cap

₹1,51,307 Cr

High / Low

₹2,467 / 1,658

Stock P/E

30.4

Price / Book

7.5

Book Value

₹246

EPS

₹66.8

No. of Shares

81.25 Cr

ROCE

38.5%

ROE

29.9%

OPM

10.3%

Debt / Equity

0.05

Sales

₹70,763 Cr

Net Profit

₹5,432 Cr

Promoter holding

82.5%

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