Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 13 Oct - Hyundai Motor Group to invest USD 15.5 billion in India from 2026-2032, expanding manufacturing and R&D.
Source: Bse
Hyundai Motor India Limited (HYUNDAI)
Large CapAuto stocks · Large cap · NSE
Hyundai Motor India Ltd. is an Indian automotive manufacturer. The company's investor presentation for Q4 FY26 and FY26 covers sales performance (domestic & exports), volume mix, and financial performance, highlighting new product offerings and future capacity expansion plans.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals14 Oct 2026 · screener
Latest result30 Jul, 08:59 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
41NeutralSMA20 -8.3% / mo · MACD +
Stock trend: 35
Sector RS: 49
Sector 3M: -6.3% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
HYUNDAID candles · FIT view+9.6%Latest close ₹1955.00 on 2026-10-19
Bar
-1.2%
RSI
38
MACD hist
0.90
52W pos
37%
2026-10-19O ₹1978.00H ₹1985.00L ₹1947.20C ₹1955.00Vol 4.9L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
HYUNDAINifty AutoNifty 500
- HYUNDAI
- -0.9%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- +4.7 pp
Chart stats
19 Oct 2026- From 52W high
- -21.2%
- 52W range position
- 36%
- ATR (14)
- 2.8%
- Volume vs 20D
- 0.76x
- Avg traded value
- ₹128 Cr
- 20D price channel
- ₹1,897.2 - ₹2,178
₹2,480
₹1,658 - ₹2,480
₹54.6
Latest completed session
20-session average
27.6% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE58
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -0.5% · PAT -35.1% YoY
Technical
Neutral41
Price trend and sector-relative-strength timing.
Valuation
Legacy model+16.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence80
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -0% YoY · PAT -35% YoY · margin compression
Filed 30 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹16,335 Cr | -0.5% | -13.6% |
| EBITDA | ₹1,512 Cr | -30.8% | -23.1% |
| Operating margin | 9.0% | -400 bps | -100 bps |
| PAT | ₹889 Cr | -35.1% | -29.2% |
| PAT margin | 5.4% | -290 bps | -120 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 32.20
- P/B
- 8.00
- EV/EBITDA
- 15.82
- Market Cap
- 159494.00Cr
Profitability
- ROE
- 29.90%
- ROCE
- 38.40%
- ROA
- 14.39%
- Dividend Y
- 1.07%
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- 24.00%
- Revenue 3Y
- 5.00%
- EPS 3Y
- 5.00%
Balance Sheet
- Debt/Equity
- 0.05
- Interest Coverage
- 72.71×
- Altman Z
- 9.81
- Book Value
- 246.00
Cash Flow
- FCF Yield
- 3.42%
- FCF Positive Y
- 5/5
- OCF
- 7321.00 Cr
- EPS TTM
- 60.93
Shareholding
- Promoter Hold
- 82.50%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 38%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 70.8k+2.3% vs prev
Net Profit
₹ CrLatest: 5,432-3.7% vs prev
Return on Equity
%Latest: 27.1-21.6% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 38. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~9.1% over last month) — short-term momentum negative.
- RSI(14) at 38 — rising, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 21% off 52W high · 18% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
54
RS percentile
Stage 3 Topping
1M return
-11.5%
3M return
-0.9%
6M return
+5.7%
1Y return
-15.0%
RS 1D
+1
RS 20D
+10
Sector rank
#10
Industry rank
-
Stage evidence
- 19.8% below the 52-week closing high after prior strength.
- The 30-week proxy has stalled (-0.6% over 20 sessions).
- Price has not yet confirmed a full Stage 4 downtrend.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 76.33-0.60%
RS vs Nifty 50076
Valuation & peers
U-Score 58 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 58 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · FAIR VALUEValuation4/30
Growth13/25
Quality16/20
Balance Sheet12/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
58
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
58/100 · legacy band FAIR VALUE
Positive drivers
- FCF yield is supportive at 3.4%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 16.8%.
Main drags
- Valuation is weaker at 4/30; verify the latest quarterly trend.
- Growth is weaker at 13/25; verify the latest quarterly trend.
- Quality is weaker at 16/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
32.2
PB
8.0
EV/EBITDA
15.8
ROE
29.9%
ROCE
38.4%
FCF Yield
3.4%
Debt/Equity
0.1
MoS
+16.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
58
Previous: 58
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+16.8%
Previous: +16.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
57
57
57
57
58
58
58
58
58
58
58
58
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹580.73
-236.6% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹2,348.85
+16.8% MoS
PEG
1.96
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
TMCV
Large
Tata Motors Limited
Auto / Auto Ancillary
match 129
54
21.0
34.0%
-32%
FAIR VALUE
TMPV
Large
Tata Motors Passenger Vehicles Limited
Auto / Auto Ancillary
match 125
78
106.0
75.7%
+97%
DEEP VALUE
EICHERMOT
Large
Eicher Motors Limited
Two Wheelers & CV
match 100
61
33.4
24.0%
+9%
UNDERVALUED
HEROMOTOCO
Large
Hero MotoCorp Limited
Two Wheelers
match 97
71
18.1
28.1%
+50%
UNDERVALUED
MOTHERSON
Large
Samvardhana Motherson International Limited
Auto Components
match 96
43
37.3
11.2%
+1%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-06-03T17:42:39.958Z
Management commentary snapshot
Q4 FY26 sees total sales volume up 8.7% YoY, driven by both domestic and export growth, but profitability significantly impacted by cost headwinds and unfavorable mix, leading to a 31.0% YoY drop in EBIT.
While volumes show growth, particularly exports, significant margin erosion in Q4 FY26 and for the full year FY26 due to commodity headwinds, capacity stabilization costs, and mix shifts puts the profitability thesis under stress. Future capacity additions and new product launches are key to watch.
Current business mix
Domestic Fuel Mix (Q4 FY26)
Latest issuer-disclosed distribution across 4 reported categories.
Petrol63.0%
Diesel18.0%
CNG18.0%
EV1.0%
Growth engines
New EXTER
Achieved record CNG contribution.
CRETA
Remains the segment leader since launch.
All-New VENUE
Achieved highest-ever quarter in domestic sales.
Exports
Quarter marked by dual-engine growth and strong export demand.
Capacity and execution
Total Capacity Expansion
Targeting 1,144K units total capacity, up from existing 824K, with additions from Pune (+70K) and Chennai (+80K) plants.
Capex for Expansion
Capex of approximately ₹75K million for capacity expansion.
Timeline for Capacity Unlocking
Unlocking additional capacity in Pune and Chennai plants is planned for FY2026-27.
Tailwinds
GST-led Recovery
Growth in FY26 underpinned by GST-led recovery in H2.
Strong Export Demand
FY26 growth underpinned by strong export demand.
Rising CNG Adoption
A standout quarter for CNG, fueled by rising adoption & entry into Fleet segment.
Government Incentives
Government incentives helped soften impact of cost headwinds QoQ.
Headwinds
Commodity Headwinds
Commodity headwinds dragged margins YoY in Q4 FY26 and FY26.
Capacity Stabilization Costs
Costs associated with capacity stabilization contributed to margin softening in H2 FY26.
Unfavorable Mix
Unfavorable mix weighed on margins in Q4 FY26.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
YoY comparison is crucial for understanding overall growth trends and seasonal impacts in the auto sector. QoQ comparison is also relevant as the company explicitly highlights sequential improvements in mitigating cost headwinds through pricing actions.
Sector KPIs management disclosed
Total Sales Volume Growth
Q4 FY26: 8.7% YoY increase to 208,275 units. FY26: 1.7% YoY increase to 775,031 units.
Domestic Sales Volume Growth
Q4 FY26: 8.5% YoY increase to 166,578 units. FY26: 2.3% YoY decrease to 584,906 units.
Exports Volume Growth
Q4 FY26: 9.4% YoY increase to 41,697 units. FY26: 16.4% YoY increase to 190,125 units.
EBITDA Margin
Q4 FY26: 10.4% (down from 14.1% YoY). FY26: 12.2% (down from 12.9% YoY).
Management forward view
Domestic Growth Outlook
Management expects 8-10% domestic growth.
Exports Growth Outlook
Management expects 8-10% exports growth.
EBITDA Margin Outlook
Management expects EBITDA Margin to be 11%-14%.
New Product Pipeline
Coming soon: 3 E-SUVs and 2 new ICE-SUV nameplates.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Domestic Sales Growth | FY26: -2.3% YoY | Achievement of management's 8-10% growth outlook. |
| EBITDA Margin | Q4 FY26: 10.4%; FY26: 12.2% | Recovery towards management's 11%-14% outlook, indicating effective cost management and mix improvement. |
| Capacity Ramp-up | Capacity stabilization costs noted as a headwind. | Smooth commissioning and utilization ramp-up of the additional 320K units capacity by FY2026-27. |
| New Product Launches | Recent launches include EXTER, VENUE, AURA, VERNA. | Timely launch and market acceptance of 3 E-SUVs and 2 new ICE-SUVs. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
80Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 90th percentile of the scored universe and 78th percentile within Auto. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
35 docs text-extracted · 9 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
90th percentile
overall median 67 · Auto: 78th pctile, median 74 · Large: 77th pctile, median 73
Evidence depth
Financial-only
35 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
72
acceptable · capital discipline
Results
68
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 82.5%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.4%.
- ▸5 years of positive FCF.
Trust risks
- ▸ROCE trend is -9.3%.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Hyundai Motor India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 1 Oct - Hyundai Motor India reported record September 2026 sales of 77,916 units, up 10.8% YoY.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Sep - JP Morgan investor meeting postponed from 23 Sep 2026 to 24 Sep 2026 at HMIL HQ.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 3 Sep - Yogesh Wadhwa appointed senior management from September 5, 2026; Amitabh Lal Das exits September 30, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 14 Sep - Hyundai announces BAYON, its upcoming intelligent SUV, with more details to follow.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 1 Sep - Hyundai Motor India August 2026 sales rose 8.8% to 65,796 units; domestic sales hit 54,396, a record August.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Aug - Investor meet on August 20, 2026 and August 21, 2026
Source: Bse
Annual reportAug 2026
Aug 2026 · Regulation 36(1)(B) Letter To Shareholders Providing The Weblink Of Annual Report 4 Aug - Annual Report FY26 and AGM notice shared; record date August 5, 2026, AGM August 26, 2026.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 21 Aug - CRISIL reaffirmed Hyundai Motor India’s AAA/Stable and A1+ ratings for ₹3,700 crore loans and ₹100 crore debt.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Aug
Source: Bse
Concall transcript
Announcement under Regulation 30 (LODR)-Earnings Call Transcript 6 Aug
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.