Hyundai India posts marginal dip in net profit, targets 26 launches by FY30 amid soft domestic sentiment

Hyundai Motor India (HMIL) reported resilient financial and operational performance for the fiscal year ending March 31, 2025, supported by sustained SUV demand, expanding green mobility initiatives, and export stability despite global headwinds.

In FY25, the company recorded consolidated revenues of ₹69,192.9 crore and an EBITDA of ₹8,953.8 crore, translating to an EBITDA margin of 12.9%. Net profit stood at ₹5,640 crore. For the fourth quarter, revenue came in at ₹17,940.3 crore, with an EBITDA of ₹2,532.7 crore and PAT at ₹1,614.3 crore—reflecting margin stability and recovery from the third quarter’s dip, when it posted revenues of ₹16,648 crore and a net profit of ₹1,160.7 crore.

Hyundai’s SUV portfolio continued to be its core strength. The company reported its highest-ever SUV contribution to domestic sales at 68.5%, up from 63% in FY24 and 53% in FY23. Creta retained its leadership in the mid-size SUV segment with over 30% market share. The company also launched Creta Electric during the year, marking its entry into indigenous electric vehicle (EV) manufacturing, which received strong customer response, especially the “Excellence LR” high-end variant.

Despite challenging domestic demand conditions, Hyundai sold 599,000 units locally and sustained export volumes at 163,000 units. Export resilience came as the company celebrated 25 years of shipping vehicles to key emerging markets. Localisation efforts also gained traction, with 82% of production localised in FY25 versus 78% in FY24, and 50+ new vendors onboarded in the last five years.

In terms of technology and premiumisation, ADAS adoption doubled to 14% in FY25, while sunroof penetration reached 53%. The company now has over 700,000 connected cars on Indian roads, reinforcing its digital innovation roadmap.

To mark its FY25 performance, Hyundai's board has recommended a dividend of ₹21 per share, subject to shareholder approval.

Looking ahead, Hyundai projects low-single-digit domestic growth in FY26, aligned with industry trends, but targets a 7–8% export growth. The company is also preparing for the next phase of growth with a 26-model product pipeline by FY2030, comprising 20 internal combustion engine (ICE) vehicles and six electric vehicles. Upcoming eco-friendly powertrain introductions include hybrids, supported by its new Pune plant capacity.