Hyundai Motor India Limited — Quarter and year ended 31 March 2026 (published May 08, 2026)
Optional commentary: Standalone and consolidated audited financial results for the quarter ended 31 March 2026 and year ended 31 March 2026 (₹ in Millions).
| Particulars | For the Three Months Ended | For the Year Ended | ||||
|---|---|---|---|---|---|---|
| 31-Mar-26 | 31-Dec-25 | 31-Mar-25 | 31-Mar-26 | 31-Mar-25 | ||
| Audited (refer note 2) | Unaudited | Audited (refer note 3) | Audited | Audited | ||
| I. Revenue from operations | ||||||
| (a) Revenue | 1,79,736.77 | 1,70,970.19 | 1,71,486.91 | 6,76,183.66 | 6,64,232.34 | |
| (b) Other operating revenue | 4,782.41 | 3,556.81 | 4,132.58 | 13,721.72 | 12,305.76 | |
| Total revenue from operations (a+b) | 1,84,519.18 | 1,74,527.00 | 1,75,619.49 | 6,89,905.38 | 6,76,538.10 | |
| II. Other income | 2,508.73 | 2,363.33 | 2,015.65 | 9,503.00 | 8,448.59 | |
| III. Total income (I+II) | 1,87,027.91 | 1,76,890.33 | 1,77,635.14 | 6,99,408.38 | 6,84,986.69 | |
| IV. Expenses | ||||||
| (a) Cost of materials consumed | 1,29,094.30 | 1,32,545.49 | 1,28,838.14 | 5,01,813.61 | 4,93,978.87 | |
| (b) Purchases of stock-in-trade | 1,026.41 | 996.94 | 1,415.77 | 3,957.98 | 7,497.41 | |
| (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade | 7,951.92 | (5,027.45) | (2,395.77) | (566.46) | (1,772.37) | |
| (d) Employee benefits expense (refer note 7) | 6,993.19 | 5,911.54 | 5,119.54 | 23,651.41 | 20,061.07 | |
| (e) Finance costs | 374.01 | 270.25 | 364.75 | 1,057.00 | 1,271.45 | |
| (f) Depreciation and amortisation expense | 5,703.75 | 5,568.83 | 5,229.89 | 21,544.92 | 20,746.80 | |
| (g) Other expenses | 20,384.43 | 20,706.61 | 17,820.76 | 77,523.87 | 69,702.68 | |
| (h) Cost of materials consumed for own use | (79.54) | (201.84) | (69.67) | (397.60) | (409.77) | |
| Total Expenses | 1,71,448.47 | 1,60,770.37 | 1,56,323.41 | 6,28,584.73 | 6,11,076.14 | |
| V. Profit before tax for the period/ year (III – IV) | 15,579.44 | 16,119.96 | 21,311.73 | 70,823.65 | 73,910.55 | |
| VI. Tax expense | ||||||
| (a) Current tax | 3,268.48 | 3,018.46 | 5,693.61 | 17,053.40 | 19,778.89 | |
| (b) Deferred tax (net) | 95.67 | 1,152.27 | (207.44) | 545.72 | (790.81) | |
| Total tax expense (a+b) | 3,364.15 | 4,170.73 | 5,486.17 | 17,599.12 | 18,988.08 | |
| VII. Profit after tax for the period / year (V – VI) | 12,215.29 | 11,949.23 | 15,825.56 | 53,224.53 | 54,922.47 | |
| VIII. Other Comprehensive Income (“OCI”) | ||||||
| Items that will not be reclassified to profit or loss | ||||||
| Remeasurements of net defined benefit liability / (asset) | (543.18) | 34.63 | (104.72) | (170.39) | (138.19) | |
| Income tax relating to items that will not be reclassified to profit or loss | 136.70 | (8.71) | 26.36 | 42.88 | 34.78 | |
| Total other comprehensive Income / (Expense), net of taxes | (406.48) | 25.92 | (78.36) | (127.51) | (103.41) | |
| IX. Total comprehensive Income for the period / year (VII + VIII) | 11,808.81 | 11,975.15 | 15,747.20 | 53,097.02 | 54,819.06 | |
| X. Paid-up equity share capital (face value of ₹ 10 each) | 8,125.41 | 8,125.41 | 8,125.41 | 8,125.41 | 8,125.41 | |
| XI. Reserves excluding revaluation reserves as per balance sheet i.e. ‘Other Equity’ | 1,85,576.05 | 1,49,542.39 | ||||
| XII. Earnings per equity share in ₹ | ||||||
| Basic and Diluted per share of ₹ 10 each | 15.03 | 14.71 | 19.47 | 65.50 | 67.59 | |
| Not Annualised | Annualised |
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Audited | Audited | |
| Assets | ||
| Non-current assets | ||
| Property, plant and equipment | 1,21,690.08 | 62,002.36 |
| Capital work-in-progress | 7,096.82 | 47,036.01 |
| Right-of-use assets | 6,355.79 | 6,161.54 |
| Intangible assets | 1,184.94 | 1,878.92 |
| Financial assets | ||
| Investment | 1,541.59 | 1,468.00 |
| Other financial assets | 811.14 | 751.75 |
| Deferred tax assets (net) | 9,578.44 | 10,081.27 |
| Non-current tax assets (net) | 4,988.02 | 5,923.44 |
| Other non-current assets | 4,975.86 | 4,830.24 |
| Total non-current assets | 1,58,222.68 | 1,40,133.53 |
| Current assets | ||
| Inventories | 35,935.14 | 34,043.57 |
| Financial assets | ||
| Trade receivables | 20,167.82 | 22,413.98 |
| Cash and cash equivalents | 83,717.32 | 47,312.93 |
| Bank balance other than above | 16,709.34 | 34,040.52 |
| Other financial assets | 6,620.56 | 4,564.22 |
| Other current assets | 13,833.19 | 11,206.47 |
| Total current assets | 1,76,983.37 | 1,53,581.69 |
| Total assets | 3,35,206.05 | 2,93,715.22 |
| Equity and liabilities | ||
| Equity | ||
| Equity share capital | 8,125.41 | 8,125.41 |
| Other equity | ||
| Reserves and surplus | 1,85,576.05 | 1,49,542.39 |
| Total equity | 1,93,701.46 | 1,57,667.80 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| Borrowings | 4,549.65 | 5,359.88 |
| Lease liabilities | 686.71 | 454.14 |
| Provisions | 9,700.78 | 8,438.03 |
| Other non-current liabilities | 9,749.07 | 10,775.08 |
| Total non-current liabilities | 24,686.21 | 25,027.13 |
| Current liabilities | ||
| Financial liabilities | ||
| Borrowings | 5,415.39 | 2,558.37 |
| Lease liabilities | 166.54 | 100.56 |
| Trade payables | ||
| Total outstanding dues of micro enterprises and small enterprises; and | 1,740.60 | 1,659.60 |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 68,970.54 | 68,066.60 |
| Other financial liabilities | 14,491.99 | 15,611.61 |
| Other current liabilities | 14,617.27 | 14,055.16 |
| Provisions | 5,803.80 | 4,860.44 |
| Current tax liabilities (net) | 5,612.25 | 4,107.95 |
| Total current liabilities | 1,16,818.38 | 1,11,020.29 |
| Total liabilities | 1,41,504.59 | 1,36,047.42 |
| Total equity and liabilities | 3,35,206.05 | 2,93,715.22 |
| Particulars | For the Year Ended 31-March-26 | For the Year Ended 31-March-25 |
|---|---|---|
| Audited | Audited | |
| Cash flows from operating activities | ||
| Profit for the year | 53,224.53 | 54,922.47 |
| Adjustments for | ||
| Tax expense | 17,599.12 | 18,988.08 |
| Depreciation and amortisation expense | 21,346.91 | 20,625.75 |
| Depreciation on right-of-use assets | 198.01 | 121.05 |
| Finance costs | 1,057.00 | 1,271.45 |
| Loss / (Gain) on PPE sold / scrapped / written off (net) | (55.90) | 1.99 |
| Interest income from bank deposits | (4,311.91) | (5,458.35) |
| Dividend Income | (294.00) | – |
| Income from government grant | (369.13) | (546.92) |
| Unrealised foreign exchange (gain) / loss (net) | (813.13) | 11.99 |
| Operating profit before working capital / other changes | 87,581.50 | 89,937.51 |
| Working capital adjustments | ||
| (Increase) in inventories | (1,891.57) | (887.28) |
| Decrease in trade receivables | 2,567.67 | 356.15 |
| (Increase) in other financial assets (current and non-current) | (2,132.63) | (1,283.59) |
| (Increase) in other assets (current and non-current) | (2,474.28) | (3,481.63) |
| Increase / (Decrease) in trade payables | 837.44 | (2,867.04) |
| Increase in other financial liabilities (current) | 354.56 | 4,846.79 |
| (Decrease) in other liabilities (current and non-current) | (94.77) | (25,132.94) |
| Increase in provisions (current and non-current) | 1,601.60 | 96.73 |
| Cash generated from operating activities | 86,349.52 | 61,584.70 |
| Income taxes paid (net of refunds) | (14,613.69) | (19,071.55) |
| Net cash from operating activities (A) | 71,735.83 | 42,513.15 |
| Cash flows from investing activities | ||
| Deposits with banks with original maturity of more than three months but less than twelve months | (34,826.90) | (80,180.00) |
| Maturity of deposits with banks with original maturity of more than three months but less than twelve months | 51,716.88 | 1,21,470.00 |
| Payment for acquisition of property plant and equipment and intangible assets (including Right of Use assets) | (41,912.41) | (52,737.56) |
| Proceeds from sale of property, plant and equipment | 135.38 | 117.36 |
| Interest received on bank deposits | 4,754.44 | 8,073.93 |
| Dividend income from investments | 294.00 | – |
| Acquisition of other investment | (380.51) | – |
| Net cash used in investing activities (B) | (20,219.12) | (3,256.27) |
| Cash flows from financing activities | ||
| Repayment of sales tax / VAT deferral loan | (1,390.86) | (1,451.19) |
| Repayment of lease liabilities | (174.67) | (140.49) |
| Proceeds from short term borrowings | 7,025.75 | 6,569.70 |
| Repayment of short term borrowings | (4,077.27) | (5,401.84) |
| Finance costs paid | (194.05) | (194.13) |
| Dividend paid (Including withholding tax) | (17,063.36) | – |
| Net cash used in financing activities (C) | (15,874.46) | (617.95) |
| Net increase in cash and cash equivalents (A+B+C) | 35,642.25 | 38,638.93 |
| Cash and cash equivalents at the beginning of the year | 47,312.93 | 8,632.85 |
| Effect of exchange rate fluctuations on cash and cash equivalents held | 762.14 | 41.15 |
| Cash and cash equivalents at the end of the year | 83,717.32 | 47,312.93 |
| Bank balances other than above at the end of the year | 16,709.34 | 34,040.52 |
| Total cash and bank balances at the end of the year | 1,00,426.66 | 81,353.45 |
Optional commentary: Consolidated audited financial results for the quarter ended 31 March 2026 and year ended 31 March 2026 (₹ in Millions).
| Particulars | Consolidated | For the Three Months Ended | For the Year Ended | ||||
|---|---|---|---|---|---|---|---|
| 31-Mar-26 | 31-Dec-25 | 31-Mar-25 | 31-Mar-26 | 31-Mar-25 | |||
| Audited (refer note 2) | Unaudited | Audited (refer note 3) | Audited | Audited | |||
| I. Revenue from operations | |||||||
| (a) Revenue | 1,84,379.09 | 1,76,178.06 | 1,75,272.47 | 6,93,911.62 | 6,79,423.78 | ||
| (b) Other operating revenue | 4,782.41 | 3,556.81 | 4,130.30 | 13,721.72 | 12,505.10 | ||
| Total revenue from operations (a+b) | 1,89,161.50 | 1,79,734.87 | 1,79, |