Hyundai Motor India (HYUNDAI) Q1 25/26 earnings summary

Executive summary

• Marked 30 years of operations in India, emphasizing innovation, sustainability, and customer focus.

• Q1 FY26 saw a 6.1% year-over-year decline in total sales, with domestic sales down 11.5% and exports up 13%, mitigating domestic weakness.

• Maintained leadership in the midsize SUV segment with Creta, which celebrated 10 years and remained the top-selling SUV.

• Achieved record rural penetration and CNG contribution, reflecting strategic focus on network expansion and alternative fuels.

• Announced first-ever Investor Day for October 2025 to unveil near-to-midterm plans, including 26 new products by FY2030.

Financial highlights

• Q1 FY26 revenue from operations was INR 164,129 million, down from INR 173,442 million year-over-year.

• EBITDA stood at INR 21,852 million (margin 13.3%), compared to INR 23,403 million (margin 13.5%) in Q1 FY25.

• PAT was INR 13,692 million (margin 8.2%), down from INR 14,897 million (margin 8.5%) year-over-year.

• Basic and diluted EPS for Q1 FY26 were ₹16.85, down from ₹18.33 in Q1 FY25.

• Final dividend of ₹21 per equity share declared, subject to shareholder approval.

Outlook and guidance

• Anticipates gradual domestic demand recovery driven by festive season, monsoon, interest rate cuts, and policy measures.

• Maintains export growth guidance at 6-7% for FY2026, noting seasonality and strong demand in Africa and Mexico.

• Ongoing investments in green hydrogen innovation and collaboration with IIT Madras for future growth.

• Expects continued focus on localization, value engineering, and premiumization to support margins.

• Final dividend to be paid post-approval at the AGM, indicating continued shareholder returns.