Hyundai Motor India Limited — Important, 28-01-2025: General Updates

**Financial Highlights:**

For the nine months ended December 2024, Hyundai Motor India reported a revenue of ₹698,291 Mn, reflecting a healthy EBITDA margin of 12.5% and PAT of ₹54,160 Mn. Despite macroeconomic pressures, the company's operational performance remained stable, driven by cost-reduction strategies that mitigated larger impacts on profitability.

**Strategic Initiatives and Growth Drivers:**

The launch of the Hyundai CRETA Electric marks a significant advancement in the company's electric vehicle (EV) offerings, supported by two battery options and a commitment to local production. Hyundai plans to establish a robust EV charging network, with 600 fast chargers set to roll out over the next seven years.

**Business Developments:**

Domestic sales reached 605,433 units in the calendar year 2024, the highest since inception, indicating strong demand for SUVs, particularly in rural markets, where the contribution of CNG vehicles also saw notable growth.

**Market Position and Competitive Advantage:**

Hyundai maintains a competitive edge with a sustained focus on localization and innovation in vehicle technology. Their strategic positioning in the EV sector, alongside traditional SUV and CNG offerings, positions the company favorably in a rapidly evolving market.

**Investor Implications:**

Hyundai's commitment to expanding its EV portfolio and charging infrastructure suggests a positive outlook for growth. Investors should watch closely as the company navigates market challenges while capitalizing on emerging opportunities in sustainable mobility.