Stock Report

Hyundai Motor India Reports Q1 FY27 Results: Consolidated PAT at ₹8,886 Million; Rural Traction Hits All-Time High of 26%

Posted On : 2026-07-31 13:13:17( TIMEZONE : IST )

Celebrating 30 years of operations in India, the Board of Directors of Hyundai Motor India Limited (HMIL) approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company experienced volume headwinds during the quarter due to temporary production disruptions and geopolitical tensions in West Asia that affected exports. However, strong domestic customer traction across key SUV and CNG models, alongside expanding rural penetration, provided operational resilience.

Consolidated Financial Performance Overview

For Q1 FY27, Hyundai Motor India reported total consolidated revenue from operations of ₹163,346.33 million (₹1,63,346 million; ₹16,334.63 crore), reflecting a minor 0.48% year-on-year (YoY) decline compared to ₹164,128.75 million in Q1 FY26. Sequentially, revenue fell 13.65% quarter-on-quarter (QoQ) from ₹189,161.50 million in Q4 FY26.

Total consolidated income for the quarter stood at ₹166,090.02 million, after including other income of ₹2,743.69 million (up 27.74% YoY from ₹2,147.94 million in Q1 FY26).

EBITDA and Profitability Dynamics

Consolidated EBITDA (excluding other income): Stood at ₹15,117 million, down 30.82% YoY from ₹21,852 million in Q1 FY26 and down 23.11% QoQ from ₹19,660 million in Q4 FY26. EBITDA margin contracted to 9.3%, compared to 13.3% in Q1 FY26 and 10.4% in Q4 FY26.

Profit Before Tax (PBT): Came in at ₹12,016.50 million, down 34.95% YoY from ₹18,471.96 million in Q1 FY26 and down 25.08% QoQ from ₹16,038.68 million in Q4 FY26.

Tax Expense: Total tax expenses were ₹3,130.26 million (comprising current tax of ₹3,148.14 million and net deferred tax credit of ₹17.88 million).

Profit After Tax (PAT): Consolidated net profit for Q1 FY27 came in at ₹8,886.24 million (₹8,886 million), down 35.10% YoY from ₹13,692.34 million in Q1 FY26 and down 29.23% QoQ from ₹12,556.32 million in Q4 FY26.

Total Comprehensive Income: Stood at ₹8,587.14 million after incorporating an Other Comprehensive Loss of ₹299.10 million.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter (face value ₹10 per share) stood at ₹10.94, compared to ₹16.85 in Q1 FY26 and ₹15.45 in Q4 FY26.

Detailed Financial Cost Breakdown

Total consolidated expenses for Q1 FY27 stood at ₹154,073.52 million, compared to ₹147,804.73 million in Q1 FY26 and ₹175,716.63 million in Q4 FY26. Key cost items included:

Cost of Materials Consumed: ₹118,947.62 million (against ₹118,342.16 million in Q1 FY26 and ₹129,094.30 million in Q4 FY26).

Employee Benefits Expense: ₹7,490.22 million (up 19.99% YoY from ₹6,242.13 million in Q1 FY26).

Depreciation and Amortisation: ₹5,571.01 million (up 5.49% YoY from ₹5,281.05 million in Q1 FY26).

Finance Costs: ₹273.26 million (compared to ₹247.28 million in Q1 FY26).

Other Expenses: ₹22,139.83 million (up 10.60% YoY from ₹20,018.15 million in Q1 FY26).

Operational Milestones and Market Drivers

Despite temporary production constraints that limited domestic volume expansion to 5.4% YoY, HMIL highlighted key commercial drivers during the quarter:

All-New Venue Momentum: Recorded its highest-ever quarterly domestic sales.

Growing CNG Adoption: Overall CNG contribution rose to 18% of sales. The Hyundai Aura achieved its highest-ever CNG penetration at 95%, while the Hyundai Exter reached 32%.

Rural Market Expansion: Rural penetration achieved an all-time high of 26%.

Export Challenges: Shipments were impacted due to the ongoing geopolitical conflict in West Asia.

Standalone Performance and Balance Sheet Overview

Standalone Financials

Revenue from Operations: Stood at ₹158,653.87 million (net sales ₹156,272.55 million + other operating income ₹2,381.32 million), compared to ₹160,248.94 million in Q1 FY26 and ₹184,519.18 million in Q4 FY26.

Profit Before Tax: Reached ₹11,826.77 million, compared to ₹17,998.71 million in Q1 FY26.

Profit After Tax: Came in at ₹8,831.20 million, down from ₹13,357.53 million in Q1 FY26 and ₹12,215.29 million in Q4 FY26.

Standalone EPS: Stood at ₹10.87 per share.

Consolidated Balance Sheet Position

Total Assets: Stood at ₹349,277.43 million as of June 30, 2026, up from ₹344,042.58 million as of March 31, 2026, and ₹319,576.78 million as of June 30, 2025.

Total Liabilities: Came in at ₹140,540.11 million, compared to ₹143,892.40 million as of March 31, 2026.

Equity Share Capital: Paid-up capital remained unchanged at ₹8,125.41 million (face value ₹10 per share).

Commenting on the Company's results, Mr. Tarun Garg, Managing Director & Chief Executive Officer said, "Q1 FY27 was a challenging quarter affected by multiple headwinds impacting volumes and profitability. With 100% normalization of production, coupled with healthy demand environment and upcoming product pipeline, recovery is likely to gain pace from Q2 onwards across both domestic and export businesses.

Looking ahead, we remain committed to achieving our stated guidance of 8-10% (YoY) volume growth for both domestic & exports as well as 11-14% EBITDA margin in FY27."

Shares of Hyundai Motor India Limited was last trading in BSE at Rs. 2024.55 as compared to the previous close of Rs. 1992.10. The total number of shares traded during the day was 30929 in over 2487 trades.

The stock hit an intraday high of Rs. 2046.00 and intraday low of 1980.00. The net turnover during the day was Rs. 62170697.00.