Hyundai Motor India
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Hyundai Motor India (HYUNDAI) investor relations material

Hyundai Motor India Q2 26/27 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 26/27 earnings summary28 Oct, 2026

Executive summary

  • Q2 FY27 total sales reached a record 219,072 vehicles, up 14.7% YoY; consolidated revenue from operations was a record ₹206,960.56 million, up 18.5%.

  • Domestic sales grew 18.8% YoY and exports 3.7%; profitability declined as raw-material inflation weighed on margins.

  • Production normalized within 22 days after the prior-quarter disruption; cumulative exports reached 4 million units and Pune production surpassed 100,000 vehicles in its first eight months.

Financial highlights

  • Consolidated Q2 revenue from operations was ₹206,960.56 million versus ₹174,608.22 million YoY; PAT was ₹11,961.60 million versus ₹15,722.55 million.

  • EBITDA was ₹19,745 million versus ₹24,289 million YoY, with a 9.5% margin versus 13.9%; EBIT was ₹14,191 million versus ₹19,114 million.

  • Q2 PBT was ₹16,178.34 million versus ₹21,259.63 million YoY; PAT margin was 5.7% versus 8.9%.

  • H1 FY27 consolidated revenue rose 9.3% to ₹370,306.89 million; PAT fell to ₹20,847.85 million from ₹29,414.89 million.

Outlook and guidance

  • Full-year domestic sales growth guidance remains 8%-10%; H2 domestic growth is also targeted at 8%-10% YoY, with management expecting to outpace the industry.

  • Full-year EBITDA margin guidance remains 11%; H2 margin slightly above 12% would be needed to achieve it.

  • Management aims for high double-digit export growth in H2 despite logistics disruption; Bayon exports are planned for Q4 to 50+ countries.

  • A dedicated mass-market EV launch is scheduled for January-February 2027; EV penetration is expected to reach 7%-7.5% next fiscal year.

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Frequently asked questions

Hyundai Motor India Limited is a subsidiary of Hyundai Motor Company, engaged in the manufacturing, sales, and distribution of passenger vehicles in India. The company’s product lineup includes hatchbacks, sedans, SUVs, and electric vehicles, catering to diverse consumer needs and preferences. Hyundai Motor India operates an extensive network of dealerships and service centers across the country, providing after-sales support, maintenance, and financing options. The company is headquartered in Gurugram, India.