Huhtamaki India Ltd
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]
- Market Cap ₹ 1,514 Cr.
- Current Price ₹ 200
- High / Low ₹ 452 / 194
- Stock P/E 23.4
- Book Value ₹ 158
- Dividend Yield 2.51 %
- ROCE 7.54 %
- ROE 5.52 %
- 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 8.24% over last 3 years.
- Earnings include an other income of Rs.64.5 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 SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,006 | 1,135 | 1,151 | 2,181 | 2,131 | 2,369 | 2,599 | 2,463 | 2,625 | 2,983 | 2,549 | 2,521 | |
907 | 1,033 | 1,030 | 1,931 | 1,911 | 2,146 | 2,305 | 2,228 | 2,515 | 2,825 | 2,354 | 2,404 | |
Operating Profit | 100 | 102 | 121 | 251 | 220 | 223 | 294 | 235 | 110 | 158 | 195 | 117 |
OPM % | 10% | 9% | 11% | 11% | 10% | 9% | 11% | 10% | 4% | 5% | 8% | 5% |
12 | 16 | 13 | 15 | 13 | 17 | 17 | 8 | -22 | 17 | 385 | 65 | |
Interest | 1 | 1 | 26 | 39 | 33 | 41 | 23 | 27 | 28 | 33 | 31 | 18 |
Depreciation | 34 | 36 | 39 | 93 | 85 | 85 | 87 | 98 | 92 | 86 | 49 | 47 |
Profit before tax | 77 | 81 | 68 | 133 | 115 | 114 | 202 | 118 | -32 | 56 | 500 | 117 |
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 | |
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 |
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: | 1% |
5 Years: | -17% |
3 Years: | 202% |
TTM: | -48% |
Stock Price CAGR | |
---|---|
10 Years: | -1% |
5 Years: | -7% |
3 Years: | 3% |
1 Year: | -42% |
Return on Equity | |
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10 Years: | 10% |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 6% |
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 | 64 |
ROCE % | 18% | 15% | 12% | 18% | 16% | 15% | 22% | 14% | 2% | 7% | 12% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Feb - Audio recording of Q4 earnings call available.
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Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
14 Feb - Annual disclosure of non-applicability of Large Corporate Framework.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 Feb - Investor presentation for Q4 and FY 2024 results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Publication of Audited Financial Results for the 4th quarter and year ended December 31, 2024.
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Integrated Filing (Financial)
12 Feb - Integrated financial results for Q4 and FY 2024.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2025TranscriptNotesPPT
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Oct 2024Transcript PPT
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Jul 2024TranscriptPPT
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Jul 2024Transcript PPT
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Jul 2024TranscriptNotesPPT
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Apr 2024Transcript PPT
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT REC
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Jul 2023Transcript PPT REC
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May 2023Transcript PPT
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Aug 2019TranscriptPPT
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Mar 2019TranscriptPPT
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Nov 2018TranscriptPPT
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Aug 2018TranscriptPPT
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Mar 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
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Feb 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Aug 2016TranscriptPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
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]