HUHTAMAKI - HUHTAMAKI INDIA LIMITED Share Price
Industrial Products
Valuation | |
|---|---|
| Market Cap | 1.57 kCr |
| Price/Earnings (Trailing) | 21.04 |
| Price/Sales (Trailing) | 0.62 |
| EV/EBITDA | 9.84 |
| Price/Free Cashflow | 22.63 |
| MarketCap/EBT | 15.82 |
| Enterprise Value | 1.62 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 2.53 kCr |
| Rev. Growth (Yr) | -4.2% |
| Earnings (TTM) | 74.49 Cr |
| Earnings Growth (Yr) | -35.3% |
Profitability | |
|---|---|
| Operating Margin | 4% |
| EBT Margin | 4% |
| Return on Equity | 6.06% |
| Return on Assets | 3.78% |
| Free Cashflow Yield | 4.42% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
|---|---|
| Price Change 1W | -5.2% |
| Price Change 1M | -11% |
| Price Change 6M | -9.1% |
| Price Change 1Y | -49.9% |
| 3Y Cumulative Return | 2.9% |
| 5Y Cumulative Return | -3.6% |
| 7Y Cumulative Return | -4% |
| 10Y Cumulative Return | -3.6% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -76.88 Cr |
| Cash Flow from Operations (TTM) | 142.34 Cr |
| Cash Flow from Financing (TTM) | -161.28 Cr |
| Cash & Equivalents | 50.69 Cr |
| Free Cash Flow (TTM) | 75.94 Cr |
| Free Cash Flow/Share (TTM) | 10.06 |
Balance Sheet | |
|---|---|
| Total Assets | 1.97 kCr |
| Total Liabilities | 743 Cr |
| Shareholder Equity | 1.23 kCr |
| Current Assets | 1.26 kCr |
| Current Liabilities | 577.76 Cr |
| Net PPE | 553.85 Cr |
| Inventory | 310.66 Cr |
| Goodwill | 62.38 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.05 |
| Debt/Equity | 0.08 |
| Interest Coverage | 6.15 |
| Interest/Cashflow Ops | 9.12 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 2 |
| Dividend Yield | 0.96% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Risk & Volatility | |
|---|---|
| Max Drawdown | -10.7% |
| Drawdown Prob. (30d, 5Y) | 40.77% |
| Risk Level (5Y) | 41.1% |
Summary of Latest Earnings Report from HUHTAMAKI INDIA
Summary of HUHTAMAKI INDIA's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
In the earnings call held on July 25, 2025, management provided an outlook highlighting mixed demand trends in the consumer market. Urban demand has not fully recovered, while rural consumption is leading the slight uptick. Factors such as unseasonal rains and inflationary pressure have contributed to a subdued demand environment. As a result, net sales for Q2 2025 were recorded at Rs.5.9 billion, reflecting a 4.7% year-on-year decline from Rs.6.2 billion in Q2 2024.
Despite these challenges, management noted effective cost control measures leading to an EBITDA of Rs.493 million, which represents a growth of 28.7% year-on-year from Rs.383 million in Q2 2024. However, this was a slight decrease from the previous quarter's EBITDA of Rs.498 million. Profit Before Tax (PBT) for the quarter stood at Rs.331 million, indicating a substantial growth of 55% compared to Rs.214 million in Q2 2024.
The company is focusing on operational efficiencies and market initiatives to strengthen its position, aiming for responsible and profitable growth. The Debt-to-Equity ratio remains favorable, with an External Commercial Borrowing of Rs.1 billion. Investments in sustainable packaging solutions are viewed as critical for enhancing competitive edges in the evolving market landscape.
Looking forward, while management refrained from providing explicit forward-looking guidance, they indicated efforts to improve margins and performance, underlining that maintaining a competitive focus and innovation will be vital for long-term success.
Last updated:
Earnings Call Q&A Summary
1. Question by Dhruv Himani:
What was the blueloop contribution in the revenue of the current quarter?
Answer by Jagdish Agarwal:
The blueloop contribution continues to trend between 27% to 30%, similar to the first quarter. We're pleased with its consistency as it plays a pivotal role in our revenue stream.
2. Question by Dhruv Himani:
What were the cost measures that increased the EBITDA margin this quarter?
Answer by Jagdish Agarwal:
We focused on operational efficiencies and improving our product mix. Both internal measures and strategic external adjustments have supported our bottom line successfully.
3. Question by Dhruv Himani:
Will it be possible to reach the margin levels of the parent company Huhtamaki Oyj in the next two years?
Answer by Jagdish Agarwal:
While we don't provide forward-looking guidance, improving our performance remains our key priority moving forward.
4. Question by Rajakumar Vaidyanathan:
Can you confirm whether the margin will be maintained or improve going forward?
Answer by Jagdish Agarwal:
Predicting future margins is challenging due to various factors, including commodity prices. Our priority is to improve business quality through efficiency and cost management.
5. Question by Rajakumar Vaidyanathan:
Will the shift from aluminum to laminated tubes benefit us?
Answer by Dhananjay Salunkhe:
Yes, the trend towards moving from aluminum to plastic-based tube laminates is beneficial for industry players like us, reflecting a growing opportunity.
6. Question by Sukhbir Singh:
What is the current pricing trend for BOPP?
Answer by Dhananjay Salunkhe:
We've observed a double-digit rise in BOPP prices in the first half compared to the previous period, indicating market tightness.
7. Question by Rohan:
Is Huhtamaki focusing primarily on flexible packing over the next 5-7 years?
Answer by Dhananjay Salunkhe:
Absolutely, our commitment remains strong in the flexible packing sector, which is crucial for our strategic objectives.
8. Question by Lakshmi Narayanan:
How do you view the long-term sustainability of your margins?
Answer by Dhananjay Salunkhe:
Margins will require continual focus on innovation and navigating the challenges posed by commoditization and reverse auctions, which are prevalent in the sector.
9. Question by Ashok B. Jain:
Why was an inventory provision of Rs.9.39 crores deemed necessary?
Answer by Jagdish Agarwal:
This provision is based on our inventory policy considering age and market conditions. It's not extraordinary but rather standard practice for accounting accuracy.
10. Question by Rajakumar Vaidyanathan:
Is inventory adjustment a positive indication of growth?
Answer by Jagdish Agarwal:
While it reflects a mix of gains and risks, our focus on effective inventory management is a critical component in maintaining operational flexibility and financial health.
Share Holdings
Understand HUHTAMAKI INDIA ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
| Shareholder Name | Holding % |
|---|---|
| Huhtavefa B.V. | 67.73% |
| Plutus Wealth Management Llp | 2.88% |
| Madanlal Jawanmalji Jain | 1.96% |
| Shree Capital Services Ltd | 1.23% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is HUHTAMAKI INDIA Better than it's peers?
Detailed comparison of HUHTAMAKI INDIA against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Sector Comparison: HUHTAMAKI vs Industrial Products
Comprehensive comparison against sector averages
Comparative Metrics
HUHTAMAKI metrics compared to Industrial
| Category | HUHTAMAKI | Industrial |
|---|---|---|
| PE | 21.04 | 19.56 |
| PS | 0.62 | 0.86 |
| Growth | -0.3 % | 10.2 % |
Performance Comparison
HUHTAMAKI vs Industrial (2021 - 2025)
- 1. HUHTAMAKI is among the Top 10 Packaging companies but not in Top 5.
- 2. The company holds a market share of 4.6% in Packaging.
- 3. In last one year, the company has had a below average growth that other Packaging companies.
Income Statement for HUHTAMAKI INDIA
Balance Sheet for HUHTAMAKI INDIA
Cash Flow for HUHTAMAKI INDIA
What does HUHTAMAKI INDIA LIMITED do?
Huhtamaki India Limited engages in the manufacture and sale of flexible consumer packaging and labelling solutions in India. It provides flexibles packaging solutions for various products, such as food and beverages, petfood, home and personal care, healthcare, industrial, and others. The company also offers labels, including heat transfer, in mould, pressure sensitive, shrink sleeves, and wrap around for food and beverages, personal care, and pharmaceuticals sectors as well as provides custom labelling solutions. In addition, it involves in laser engraving; supply of engraved cylinders; and offers mono-material products under the blueloop brand name. Further, the company offers digital printing solutions, promotions and security, specialized pouches, thermoforms, and other non-food packaging solutions; and recyclable packaging solutions comprising double gusseted bags, dry food solutions, paper-based outer bags, pillow snack packs, plastic barrier tube laminates, and single serves. The company was formerly known as Huhtamaki PPL Limited and changed its name to Huhtamaki India Limited in November 2020. Huhtamaki India Limited was founded in 1935 and is based in Thane, India. Huhtamaki India Limited operates as a subsidiary of Huhtavefa BV.