Huhtamaki India Ltd

Huhtamaki India Ltd

₹ 193 -4.55%
25 Apr 11:10 a.m.
About

Having started its journey in 1935 , Huhtamaki is India's leading manufacturer and supplier of sustainable, flexible and innovative solutions in packaging and labelling products.

It is the largest manufacturer of finished flexible packaging in terms of volume in the continent of Africa, India, Asia Pacific exluding Japan.

It became member of Huhtamaki Packaging worldwide in 1999. From Paper Products Limited to Huhtamaki PPL ltd, company has demonstrated the qualities of integrity, transparency & responsibility. [1]

Key Points

Product portfolio
The company offers a wide portfolio of packaging solutions that include flexible packaging, pouching solutions, labelling technologies, shrink sleeve solutions, specialized cartons, packaging machines, tube laminates, promotional, holographic and security solutions, cylinders, and specialized films for high barriers. [1]

  • Market Cap 1,457 Cr.
  • Current Price 193
  • High / Low 452 / 170
  • Stock P/E 22.6
  • Book Value 158
  • Dividend Yield 1.00 %
  • ROCE 7.14 %
  • ROE 5.15 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 19.0%

Cons

  • The company has delivered a poor sales growth of -0.61% over past five years.
  • Company has a low return on equity of 8.08% over last 3 years.
  • Earnings include an other income of Rs.67.9 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Packaging Industry: Packaging

Part of BSE Allcap BSE Industrials BSE SmallCap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
729 793 769 693 662 622 662 604 610 639 652 619 610
678 758 746 644 610 582 617 546 569 607 634 593 571
Operating Profit 51 34 23 49 51 40 46 58 41 32 18 26 39
OPM % 7% 4% 3% 7% 8% 6% 7% 10% 7% 5% 3% 4% 6%
13 6 2 -3 6 0 3 376 8 36 15 6 12
Interest 7 8 9 9 7 10 8 6 5 5 5 3 3
Depreciation 22 22 21 21 16 12 11 11 10 12 12 14 13
Profit before tax 34 11 -5 16 35 18 30 416 35 51 16 15 35
Tax % 28% 23% -101% -5% -1% 22% -6% 21% 26% 24% 26% 23% 25%
25 8 0 17 35 14 32 327 26 39 12 12 26
EPS in Rs 3.26 1.08 0.01 2.23 4.70 1.91 4.27 43.35 3.45 5.10 1.55 1.55 3.46
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 TTM
1,006 1,135 1,151 2,181 2,131 2,369 2,599 2,463 2,625 2,983 2,549 2,521 2,521
907 1,033 1,030 1,931 1,911 2,146 2,305 2,228 2,515 2,825 2,354 2,403 2,406
Operating Profit 100 102 121 251 220 223 294 235 110 158 195 118 115
OPM % 10% 9% 11% 11% 10% 9% 11% 10% 4% 5% 8% 5% 5%
12 16 13 15 13 17 17 8 -22 17 385 65 68
Interest 1 1 26 39 33 41 23 27 28 33 31 18 16
Depreciation 34 36 39 93 85 85 87 98 92 86 49 47 51
Profit before tax 77 81 68 133 115 114 202 118 -32 56 500 117 116
Tax % 29% 21% 28% 39% 45% 69% 16% 18% -28% 11% 18% 25%
55 65 49 82 64 35 170 96 -23 50 410 88 88
EPS in Rs 8.70 8.89 6.75 11.21 8.42 4.62 22.52 12.71 -3.00 6.57 54.24 11.65 11.66
Dividend Payout % 32% 32% 41% 27% 36% 65% 13% 24% -33% 30% 9% 17%
Compounded Sales Growth
10 Years: 8%
5 Years: -1%
3 Years: -1%
TTM: 1%
Compounded Profit Growth
10 Years: 0%
5 Years: -18%
3 Years: 195%
TTM: -41%
Stock Price CAGR
10 Years: -1%
5 Years: 0%
3 Years: 5%
1 Year: -35%
Return on Equity
10 Years: 10%
5 Years: 8%
3 Years: 8%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024
Equity Capital 13 15 15 15 15 15 15 15 15 15 15 15
Reserves 377 549 572 495 534 541 682 750 700 742 1,135 1,178
21 19 402 435 406 403 273 295 412 410 255 149
187 226 298 501 480 491 544 523 680 584 596 595
Total Liabilities 597 809 1,288 1,446 1,435 1,451 1,514 1,583 1,807 1,751 2,001 1,937
158 203 186 465 437 518 486 561 537 479 483 598
CWIP 11 6 3 2 2 4 8 16 43 35 131 40
Investments 94 225 755 195 138 21 61 18 1 0 80 151
335 375 343 784 858 908 959 987 1,227 1,237 1,307 1,148
Total Assets 597 809 1,288 1,446 1,435 1,451 1,514 1,583 1,807 1,751 2,001 1,937

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024
33 79 136 166 96 101 285 169 -28 133 274 142
-11 -195 -482 -0 5 -29 -88 -73 -56 -90 40 -77
-20 112 346 -150 -87 -68 -200 -74 49 -32 -211 -161
Net Cash Flow 1 -4 -1 16 13 3 -3 22 -35 11 102 -96

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024
Debtor Days 67 70 69 77 90 88 87 79 88 81 79 83
Inventory Days 46 42 38 45 49 48 38 52 68 50 57 52
Days Payable 69 69 70 81 93 82 91 93 112 80 98 100
Cash Conversion Cycle 45 43 37 42 46 54 35 38 43 51 37 35
Working Capital Days 41 38 17 31 49 52 42 48 56 55 42 42
ROCE % 18% 15% 12% 18% 16% 15% 22% 14% 2% 7% 12% 7%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73%
3.85% 1.30% 1.03% 1.12% 1.52% 1.43% 0.89% 1.21% 1.39% 1.40% 1.19% 1.16%
0.44% 0.50% 0.50% 0.50% 1.53% 1.25% 1.32% 1.30% 1.04% 1.40% 1.28% 1.08%
27.98% 30.46% 30.72% 30.64% 29.22% 29.58% 30.06% 29.76% 29.83% 29.48% 29.80% 30.02%
No. of Shareholders 34,37833,00031,36230,25627,61426,83026,54431,02633,30234,82535,58835,256

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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