Hyundai to bring 26 new models in India till FY30

Hyundai Motor India Limited has released its investor presentation and audited financial results for the financial year 2024-25. While domestic demand has seen modest headwinds, the company’s diversified portfolio, growing export footprint, and investments in green mobility underscore its commitment to long-term growth and innovation.

Sales Performance: Sustaining Market Momentum

HMIL sold a total of 614,721 units domestically, a marginal dip of 2.6 per cent year-on-year. However, exports showcased strong traction with 163,386 units, reflecting a modest 0.1 per cent year-on-year increase. Notably, SUVs continued to dominate Hyundai’s portfolio, accounting for 69 per cent of total sales in FY25, up from 63 per cent in FY24 and 53 per cent in FY23. The rural market too mirrored this trend, with SUV penetration rising to 67 per cent, compared to 60 per cent the previous year.

Product Evolution and Premiumisation

Hyundai’s focus on a strong SUV portfolio and premium positioning with feature rich products has paid dividends. Feature-rich models with ADAS (up from 7 per cent to 14 per cent penetration), sunroofs (rising from 48 per cent to 53 per cent), and connected car technology (with approximately 700,000 units on road) have significantly enhanced the brand’s aspirational appeal. The Creta EV, launched in January 2025, has received 80 per cent bookings for the long-range version and 70 per cent opting for the top-end Excellence LR variant.

HMIL is steadily expanding its green mobility portfolio. Its market share in the CNG segment has increased from 11 per cent in FY24 to 13 per cent in FY25. The launch of the Creta Electric, Hyundai’s first indigenously developed EV, marked a significant milestone. The overall EV penetration for HMIL is now 9 per cent with Ioniq 5 and Creta EV

Commitment to ‘Atmanirbhar Bharat’ and Exports

Reinforcing its localisation strategy, Hyundai has added over 50 new vendors in the last five years and now sources more than 1,200 localised components, achieving 82 per cent localisation in FY25, up from 78 per cent in FY24. The brand remains India’s number one car exporter on a cumulative basis, celebrating 25 years of export operations, with new markets including South Africa (Exter) and Nepal (Creta EV).

Financials: Resilient Margins Amidst Capex Investments

Despite a slightly challenging domestic landscape, Hyundai has maintained healthy financials:

• Revenue stood at ₹698,291 million in FY25, a slight 0.9 per cent decline from the previous year.
• EBITDA reached ₹91,326 million with margins at 13.1 per cent, maintaining double-digit profitability.
• EBIT came in at ₹60,600 million (8.5 per cent margin).
• Profit after tax (PAT) was ₹69,247 million (9.9 per cent margin), in line with FY24.

These results reflect Hyundai’s ability to retain strong operating efficiency even as it invested nearly ₹7,000 crore towards capacity expansion and long-term growth. While depreciation from the new plant affected PBT, the outlook remains strategically sound.

Looking Ahead: FY26 Guidance and Product Pipeline

HMIL anticipates flat domestic growth, aiming to match industry trends, while targeting a robust 7–8 per cent growth in exports. The company is keen to maintain double-digit EBITDA margins, balancing scale with sustainability.

In terms of product strategy, Hyundai is gearing up for 26 launches, including new hybrid portfolio, internal combustion engine models, full model changes, and EVs, to be detailed during the upcoming Hyundai Investor Day 2025.