Hyundai Motor India Limited - HMIL

KIA is partly owned by Hyundai Korea & not by Hyundai India, hence its a competitor here.

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At the end of the day, game is played by Hyundai korea. They would decide who will play dominant role in a particular segment in india.

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  • HMIL registers total monthly sales of 70,078 units in October 2024, 3rd highest monthly sales since inception

  • HMIL registers Domestic sales of 55,568 units in October 2024, 3rd highest since inception

  • Highest-ever monthly SUV sales** at 37,902 units, including highest ever monthly domestic sales of the Hyundai CRETA at 17,497 units in October 2024

  • Overall SUV contribution to domestic sales continues to stay strong at 68.2% in October 2024

  • HMIL also bolsters CNG penetration, achieves highest ever monthly CNG sales of 8,261 units with a contribution of 14.9% to Domestic sales volume in October 2024

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This is not how well-run organization will think. It has taken years to build trust in Hyundai. Additionally, Hyundai has far more reach. They will not sacrifice the golden goose for such a small gain.

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Hyundai Motor India, reported a 16% drop in its consolidated net profit for the quarter ended September 2024 to Rs 1,375 crore. The same stood at Rs 1,628 crore a year ago.

Revenue from operations in the reporting period, too, fell 7% year-on-year (YoY) to Rs 17,260 crore.

The company reported an EBITDA of Rs 2,205 crore in the second quarter, down 10% from Rs 2,440 crore posted in the corresponding quarter of the previous year.

Margins for the quarter too declined 30 basis points (bps) YoY to 12.8% in the reporting period.

Hyundai Motor India Limited (HMIL) recorded its highest ever yearly domestic sales of 6,05,433 units in CY 2024. HMIL achieved total sales of 7,64,119 units (Domestic + Export) in CY 2024.

In December 2024, HMIL reported total monthly sales of 55,078 units
(Domestic: 42,208 units and Export: 12,870 units)

:black_small_square: HMIL registers domestic sales of 6,05,433 units in CY 2024, highest since
inception.
:black_small_square: Achieves highest ever yearly domestic SUV contribution of 67.6%
:black_small_square: Hyundai CRETA achieves highest ever yearly domestic sales of 1,86,919 Units
:black_small_square: HMIL also achieves highest ever yearly CNG contribution of 13.1% to domestic
sales, in CY 2024
:black_small_square: Total monthly sales of 55,078 units in December 2024, including domestic sales
of 42,208 units and export sales of 12,870 units
:black_small_square: HMIL also exported 1,58,686 units in CY 2024, fortifying its position as an export
hub for Hyundai globally

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InGovern Research | Sourcing Components Of More Than ₹12,000 Cr From Mobis India Is A Concern

  • Sourcing components worth more than ₹12,000 cr from Mobis India is a concern
  • Company’s proposal to purchase goods and services from related companies has divided leading proxy advisory firms
  • Hyundai must reach out to shareholders, proxy advisory firms, and address their concerns.
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