Hyundai India FY26 profit slips 3.7% to Rs 5,432 cr; commits Rs 7,500 cr capex for EVs, Pune expansion

Revenue rose 2.3% to Rs 70,763 cr as exports surged 16.4% offsetting tepid 1.7% domestic volume growth. EBITDA margin held at 12.2%. Capex funds new EV, mid-SUV launches, Pune capacity build to 11.4 lakh units by 2030, Chennai upgrade. SUVs now 68% of mix; rural reach at 25%. Targets 8-10% FY27 volume growth.

— FiledSun, 10 May, 2026, 02:27 IST·First seen Thu, 14 May, 2026, 23:59 IST·Source Forbes India

What happened

Hyundai Motor India · Hyundai India FY26 profit fell 3.7% to Rs 5,432 cr on commodity costs; plans Rs 7,500 cr capex for new EV and mid-SUV launches, Pune

Key facts

  • FY26 net profit Rs 5,432 cr (-3.7%)
  • Revenue Rs 70,763 cr (+2.3%)
  • EBITDA margin 12.2%
  • Domestic volumes 7,75,031 units (+1.7%)
  • Exports 1,90,125 units (+16.4%)
  • Capex Rs 7,500 cr
  • Cash Rs 8,712 cr
  • Dividend Rs 21/share
  • Pune capacity to 11.4 lakh units by 2030
  • Rural penetration 25%
  • SUV share 68%

Why this matters

Hyundai India's SUV-heavy mix at 68% and 25% rural reach signal where competitors must defend, while the EV capex and mid-SUV pipeline open partnership or supplier-tie-up windows around battery, charging, and tier-2/3 distribution build-out.