How has been the historical performance of Hyundai Motor I?

Revenue and Profitability Trends

Hyundai Motor I’s net sales have shown a positive trajectory, rising from ₹60,308 crores in March 2023 to approximately ₹69,193 crores by March 2025. Although there was a slight dip in revenue in the fiscal year ending March 2025 compared to the previous year, the overall trend reflects robust demand and operational scale. The company’s operating profit margin, excluding other income, improved marginally from 12.52% in March 2023 to 13.18% in March 2025, indicating effective cost management and operational efficiency.

Operating profit (PBDIT) excluding other income increased from ₹7,549 crores in March 2023 to ₹8,954 crores in March 2025, while the consolidated net profit rose from ₹4,709 crores to ₹5,640 crores over the same period. Despite a slight decline in earnings per share (EPS) from 74.58 in March 2024 to 69.41 in March 2025, the company has maintained a healthy profit after tax (PAT) margin, hovering around 8.3% in the latest fiscal year.

Cost Structure and Expenses

The company’s raw material costs have increased in line with revenue growth, rising from ₹44,461 crores in March 2023 to ₹49,356 crores in March 2025. Employee costs also saw a steady rise, reflecting investments in human capital and operational expansion. Other expenses increased from ₹6,010 crores to nearly ₹7,999 crores over the same period, which may be attributed to higher selling and distribution activities or inflationary pressures. Despite these rising costs, Hyundai Motor I has managed to keep total expenditure excluding depreciation relatively stable, supporting its operating margins.

Balance Sheet and Financial Position

Hyundai Motor I’s balance sheet reveals a solid financial foundation. Shareholder’s funds stood at ₹16,296 crores in March 2025, up from ₹15,311 crores in March 2021, demonstrating consistent equity growth. Total reserves fluctuated but remained substantial, with ₹15,484 crores reported in the latest fiscal year. The company’s total liabilities decreased from ₹33,747 crores in March 2023 to ₹29,065 crores in March 2025, indicating a reduction in overall leverage.

Long-term borrowings have been steadily reduced from ₹820 crores in March 2021 to ₹536 crores in March 2025, reflecting prudent debt management. Meanwhile, total debt also declined from ₹1,245 crores to ₹792 crores over the same period. The net block of fixed assets remained stable, with a slight decrease to ₹6,486 crores in March 2025, while capital work in progress surged significantly, suggesting ongoing investments in capacity or technology upgrades.

Cash Flow and Liquidity

Cash flow from operating activities has shown variability, peaking at ₹9,251 crores in March 2024 before moderating to ₹4,344 crores in March 2025. The company’s net cash inflow was positive at ₹3,872 crores in the latest fiscal year, a marked improvement from a significant outflow in the previous year. Cash and bank balances stood at ₹8,579 crores in March 2025, providing ample liquidity to support operations and investments.

Summary of Historical Performance

Overall, Hyundai Motor I has maintained a stable and growing business profile over the past three fiscal years. Revenue growth has been steady, supported by effective cost control and operational efficiencies that have preserved healthy profit margins. The company’s balance sheet strength is underscored by declining debt levels and increasing shareholder equity, while cash flow metrics indicate solid liquidity management despite some fluctuations.

Investors can note the company’s consistent ability to generate operating profits and net income, alongside ongoing investments in capital projects, which bode well for future growth prospects. The slight dip in EPS in the latest fiscal year warrants monitoring, but the overall financial health remains robust.

Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →