Earnings Highlights
Hyundai Motor India, a key subsidiary of the global Hyundai Motor Group, has reinforced its strong market position with steady financial performance in Q4 FY24. The company posted a standalone net profit of ₹1,649 crore, up from ₹1,393 crore in the previous quarter, highlighting a continued recovery in operational efficiency and stable demand across domestic and international markets. Revenue for the quarter came in at ₹17,132 crore, maintaining a solid growth trajectory despite macroeconomic headwinds. Operating profit increased to ₹2,474 crore, resulting in a 14 percent operating margin — a notable improvement over the previous quarters.
With an expansive product line including hatchbacks, sedans, SUVs, and electric vehicles, Hyundai continues to cater to a wide customer base. Its export business also remains a strong pillar of growth, and the company has guided for a 7–8 percent growth in export volume for FY26, signaling confidence in global demand recovery and supply chain resilience.
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Company Snapshot
Shares of Hyundai Motor India closed at ₹1,874 on May 19, giving it a market capitalization of ₹1.52 lakh crore. The company currently trades at a P/E ratio of 27.6, aligning closely with the industry average. EPS for the year stood at ₹67.6. Hyundai’s return on equity (ROE) is an impressive 42.2 percent, and return on capital employed (ROCE) is equally strong at 54.2 percent — both reflecting superior capital allocation and profitability. The company maintains a minimal debt-to-equity ratio of 0.05, keeping its balance sheet light and highly flexible for future expansion.
While Hyundai reported a negative free cash flow of ₹1,011 crore for the year due to a sharp spike in investing activity, particularly on capital expenditure and tech upgrades, its three-year cumulative FCF remains robust at ₹9,165 crore. The company’s Altman Z-score of 12.4 indicates strong financial health and very low default risk. Despite a dip in profit growth for the trailing twelve months, the company’s long-term growth averages remain compelling, with 24 percent CAGR profit growth over three years and 13 percent revenue CAGR over the same period.
Shareholding and Analyst View
Promoters held 82.5 percent of the equity as of March 2025, with foreign institutional investors (FIIs) increasing their stake to 7.17 percent. Domestic institutions hold another 7 percent, while the public float is just 3.32 percent, indicating tight ownership and high institutional interest. This concentrated holding pattern suggests limited float and potential for volatility, but also reflects institutional trust in Hyundai’s operational and financial consistency.
Brokerages remain bullish on the company’s outlook. Out of 18 analysts tracking the stock, 61 percent have a ‘Buy’ rating, while 28 percent suggest ‘Outperform’. Only a small minority has assigned ‘Underperform’ or ‘Sell’, indicating a broad consensus around Hyundai’s continued leadership in the Indian automotive space.
Backed by strong fundamentals, strategic product launches, and a commitment to clean mobility, Hyundai Motor India is well-positioned for sustained growth. Its focus on premiumization, EV penetration, and export expansion makes it a long-term contender in both domestic and international markets.
Disclaimer
This article is for educational and informational purposes only. We are not SEBI-registered investment advisors; none of this content should be considered financial advice. Please consult a certified financial planner or advisor before making any investment decisions.
Aditya Gaur is the founder of FinanceXaditya and a seasoned stock market investor with over 7 years of experience. Known for building India’s first public dividend growth portfolio showcase, he shares time-tested strategies and real insights that help everyday investors create wealth. With 50,000+ followers across social media, Aditya has become a trusted voice in personal finance and long-term investing.
