Hyundai Motor India (HYUNDAI) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 set quarterly sales and revenue records: 219,072 vehicles, up 14.7% YoY, and revenue of ₹206,960.56 million, up 18.5%; profitability declined under raw material cost pressure.

• Domestic sales rose 18.8% YoY and exports 3.7%; CNG contribution reached a record 19.1%.

Financial highlights

• Q2 FY27 EBITDA was ₹15,117 million, down 18.7% YoY, and EBIT was ₹9,546 million, down 25.8%; EBITDA and EBIT margins were 9.3% and 5.8%.

• Q2 PAT was ₹8,886 million, down 23.9% YoY; consolidated PAT was ₹11,961.60 million versus ₹15,722.55 million.

• H1 FY27 revenue was ₹370,306.89 million, up 9.3%; EBITDA fell 24.4% to ₹34,862 million, EBIT fell 33.5% to ₹23,737 million, and consolidated PAT fell to ₹20,847.85 million from ₹29,414.89 million.

• Standalone Q2 revenue was ₹201,910.16 million and PBT was ₹15,933.63 million; standalone H1 revenue was ₹360,564.03 million and PAT was ₹20,716.84 million.

• Consolidated Q2 PBT was ₹16,178.34 million versus ₹21,259.63 million; H1 PBT was ₹28,194.85 million versus ₹39,731.59 million.

Segment performance

• Q2 FY27 domestic volume was 165,772, up 18.8% YoY; exports were 53,300, up 3.7%, including CBU and CKD volumes.

• H1 FY27 sales were 397,154, up 7.0%; domestic volume rose 12.3% to 305,146 while exports declined 7.6% to 92,008.

• SUVs represented 67% of Q2 domestic volume; CNG contribution reached 19.1%, and rural penetration reached a quarterly high of 26.6%.

• One operating segment covers vehicle, engine, transmission and parts manufacturing and sales, after-sales activities, engineering and broking services; Q2 segment revenue was ₹206,960.56 million and segment results were ₹16,178.34 million.