Hyundai Motor India Q1 FY27: Volumes Dip, Margins Squeeze, AI Push Continues

Total sales were 178,082 units in Q1 FY27, down 13.0% year on year versus 180,399 units in Q1 FY26.

Domestic volumes were 139,374 units (up 5.4% YoY) while exports were 38,708 units (down 19.6% YoY).

Revenue from operations was INR 163,346 million, EBITDA was INR 15,117 million (9.3% margin), EBIT was INR 9,546 million (5.8% margin), and PAT was INR 8,886 million (5.4% of total income), as presented in the investor deck.

The presentation attributes margin impact to production disruption in June (supplier fire incident), geopolitical conflict/headwinds, commodity headwinds, capacity stabilization costs, and lower government incentives on a quarter-on-quarter basis (seasonality).

SUVs were 97,456 units (70%), hatchbacks were 24,135 units (17%), and sedans were 17,783 units (13%) in Q1 FY27.

Fuel mix in Q1 FY27 was 64% petrol, 17% diesel, 18% CNG, and 1% EV, as per the presentation.

The company disclosed approval of unaudited standalone and consolidated results for the quarter ended June 30, 2026, fixation of record date Aug 5, 2026 for final dividend of INR 21 per equity share (subject to shareholder approval), reappointment of cost auditor, CMO succession, appointment of a senior management person, and AGM schedule on Aug 26, 2026.