Overview
- Hyundai Motor India posted Q4 FY25 revenue of Rs 179.4 billion, with a 285 basis point improvement in EBITDA margins to 14.1%, but net profit declined 4% year-on-year to Rs 16.1 billion.
- Brokerages are divided: Emkay Global retains an 'Add' rating with a target of Rs 1,750, citing margin pressures, while Nirmal Bang downgrades to 'Hold' after a 10% stock rally, setting a target of Rs 1,984.
- Kotak, JM Financial, and Motilal Oswal maintain 'Buy' ratings, raising target prices to Rs 2,050–2,137, citing Hyundai's strong product pipeline, premiumization, and export growth potential.
- Hyundai plans to launch 26 new models by FY30, including six EVs and hybrids, with Rs 7,000 crore capex allocated for FY26 to support a new Pune plant and product development.
- Near-term challenges include muted domestic passenger vehicle demand, projected 1–2% volume growth for FY26, and cost pressures from pre-operational expenses and higher depreciation at the Talegaon facility.