Hyundai Motor India Ltd IPO

The Company has been the second largest auto OEM since Fiscal 2009 in the Indian passenger vehicles market in terms of domestic sales volumes, according to the CRISIL Report.

The Company has diverse portfolio of passenger vehicles across powertrains and across major passenger vehicle segments. Its current portfolio of passenger vehicles caters to a diverse customer base, such that it is able to offer something for everyone. Currently, its portfolio includes 13 passenger vehicle models (including N Line models which are the passenger vehicle models that feature sporty performance features) across all major passenger vehicle segments by body type.

The Company identifies emerging market trends in a timely manner and introduce innovative passenger vehicles and technologies to meet customer needs in India. The Company identifies emerging market trends, latent customer needs and aspirations based on its and HMC's global network, in-depth market and product research.

The Company has pan-India sales and distribution and after-sale services network offered by its dealers. As of June 30, 2024, the company had 1,377 sales outlets across 1,036 cities and towns in India and 1,561 service centres across India across 957 cities and towns in India, which has grown from 1,167 sales outlets across 873 cities and towns in India and 1,307 service centres across 814 cities and towns in India as of March 31, 2021.

The Company has digitised its customers and dealers' interactions with each other and with the company. Through the myHyundai app and its website, customers can interact with the company at every stage of the passenger vehicle purchase journey and access after-sale services.

Increases in the prices of parts and materials required for its operations could adversely affect the company's business and results of operations.

Two of its Group Companies, Kia Corporation and Kia India Private Limited, are in a similar line of business as the company which may involve conflict of interests, which could adversely impact its business.

The company depends primarily on its Group Company, Mobis India Limited (being a subsidiary of Hyundai Mobis Co., Ltd. which is specialised in after-sale parts business for HMC Group Companies), to supply spare parts for after sale services to it and the company dealers. Further, its also depend on Mobis to supply modular parts to it that the company use in the manufacturing process of passenger vehicles and parts and constituted 17.91% of its total parts and materials supplied in the three months ended June 30, 2024. Any failure by Mobis to supply these parts could adversely impact its business. Further, Mobis may engage in transactions with it and other HMC Group Companies that may give rise to conflict situations.

Leveraging its deep understanding of consumer preferences to successfully expand its passenger vehicle portfolio.

Focus on continued premiumisation of its passenger vehicle portfolio.

Calibrated manufacturing capacity expansion and efficient capital allocation.

Focus on increasing EV market share.

Further strengthening its position as the export hub for HMC.