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HYUNDAI - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.0

Stock Code HYUNDAI Market Cap 1,61,777 Cr. Current Price 1,990 ₹ High / Low 2,890 ₹
Stock P/E 28.5 Book Value 209 ₹ Dividend Yield 1.06 % ROCE 54.2 %
ROE 42.2 % Face Value 10.0 ₹ DMA 50 2,166 ₹ DMA 200 2,195 ₹
Chg in FII Hold -0.91 % Chg in DII Hold 0.86 % PAT Qtr 1,195 Cr. PAT Prev Qtr 1,570 Cr.
RSI 36.2 MACD -61.4 Volume 4,28,988 Avg Vol 1Wk 6,94,792
Low price 1,542 ₹ High price 2,890 ₹ PEG Ratio 1.17 Debt to equity 0.05
52w Index 33.3 % Qtr Profit Var 6.30 % EPS 70.0 ₹ Industry PE 29.0

📊 Core Financials

  • Quarterly PAT declined from ₹1,570 Cr. to ₹1,195 Cr. (~24% sequential drop, though ~6.3% YoY growth).
  • ROE: 42.2% → very strong profitability.
  • ROCE: 54.2% → excellent capital efficiency.
  • Debt-to-equity: 0.05 → very low leverage, financially stable.
  • Dividend Yield: 1.06% → modest shareholder returns.

💹 Valuation Indicators

  • P/E Ratio: 28.5 vs Industry PE 29.0 → fairly valued compared to peers.
  • P/B Ratio: 9.5 (Current Price ₹1,990 / Book Value ₹209) → expensive relative to assets.
  • PEG Ratio: 1.17 → valuation moderately supported by earnings growth.
  • Intrinsic Value: Current price near fair value, offering balanced risk-reward.

🏢 Business Model & Competitive Advantage

  • Hyundai India operates in automotive manufacturing, focusing on passenger vehicles, EVs, and exports.
  • Business model relies on strong brand presence, wide product portfolio, and global technology integration.
  • Competitive advantage: Scale, innovation in EVs, and strong distribution network.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive near ₹1,900–₹2,000 (close to support levels, RSI at 36.2 indicates oversold zone).
  • Long-Term Holding: Suitable for investors seeking exposure to automotive growth, EV adoption, and export markets.


✅ Positive

  • Strong ROE (42.2%) and ROCE (54.2%) indicate excellent efficiency.
  • Low debt-to-equity ratio (0.05) ensures financial stability.
  • DII holdings increased (+0.86%), showing domestic institutional support.

⚠️ Limitation

  • Quarterly PAT dropped sequentially (~24%).
  • P/B ratio (9.5) indicates overvaluation relative to assets.
  • FII holdings decreased (-0.91%), showing reduced foreign investor confidence.

📉 Company Negative News

  • Stock trading below 50 DMA (₹2,166) and 200 DMA (₹2,195), indicating bearish momentum.
  • MACD at -61.4 signals weak technical trend.

📈 Company Positive News

  • Strong YoY profit growth (~6.3%).
  • DII holdings increased (+0.86%), reflecting domestic confidence.

🌐 Industry

  • Automobile industry PE at 29.0, nearly equal to Hyundai’s 28.5, showing fair valuation.
  • Industry growth driven by EV adoption, exports, and rising domestic demand.

🔎 Conclusion

  • Hyundai India is fundamentally strong with excellent ROE/ROCE and low debt.
  • Valuations are fair compared to peers, though sequential profit decline raises caution.
  • Best strategy: Accumulate near ₹1,900–₹2,000 and hold long-term to benefit from EV adoption and automotive sector growth.

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