India · Delayed Price · Currency is INR Hyundai Motor India Earnings Call Transcripts
Fiscal Year 2026
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Q3 FY26 saw record sales, strong export growth, and robust SUV demand, with revenue up 4.8% year-on-year and EBITDA margin at 11.2%. Margin pressures from commodity costs and new plant ramp-up were offset by cost controls and favorable product mix.
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Q2 FY26 saw strong revenue and margin growth, driven by GST reforms, robust SUV and export performance, and record rural penetration. The new Pune plant and upcoming VENUE launch are expected to sustain momentum, though near-term margin pressure is anticipated from incremental costs.
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Q1 FY2026 saw resilient margins despite lower revenue and volumes, driven by a strong export mix, cost control, and premiumization. SUV and CNG sales hit record highs, rural penetration increased, and the company maintained lower discounts than competitors.
Fiscal Year 2025
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Ambitious 2030 roadmap targets 15% market share, 1.1 million capacity, 26 launches, and 30% exports, with over 50% eco-friendly powertrains and INR 45,000 crore investment. Genesis luxury brand launches in 2027, and deep localization, digitalization, and financial discipline underpin sustained growth.
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Achieved record SUV sales and maintained strong margins despite macroeconomic and industry headwinds. FY25 revenue was slightly down YoY, but exports grew and profitability improved sequentially. Eight new models are set for launch by FY27, with major capacity expansion underway.
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Q3 FY25 saw resilient sales with SUVs driving 69% of domestic volumes, but revenue and margins declined year-over-year due to subdued demand and export headwinds. Creta Electric launch and ongoing localization, capacity expansion, and EV investments position the company for future growth.
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Q2 FY25 saw lower revenue and profit due to industry slowdown and geopolitical headwinds, but premiumization, cost control, and strong SUV sales supported margins. The company expects stable growth ahead, with new EV launches and capacity expansion planned.