Huhtamaki India Ltd

Huhtamaki India Ltd

₹ 263 -2.57%
21 Nov - close price
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 1,979 Cr.
  • Current Price 263
  • High / Low 452 / 259
  • Stock P/E 23.4
  • Book Value 93.1
  • Dividend Yield 1.90 %
  • ROCE 17.6 %
  • ROE 13.0 %
  • Face Value 2.00

Pros

  • Company has been maintaining a healthy dividend payout of 29.4%
  • Company's working capital requirements have reduced from 35.5 days to 27.8 days

Cons

  • Company has a low return on equity of 13.1% over last 3 years.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016
281 292 309 314 310 442 545 522 528 526 572 557 523
254 260 278 287 281 388 482 472 463 446 513 502 469
Operating Profit 27 32 32 27 29 54 63 50 65 79 59 56 53
OPM % 10% 11% 10% 9% 9% 12% 12% 10% 12% 15% 10% 10% 10%
8 3 5 2 6 3 3 5 3 4 4 4 5
Interest 1 1 1 1 1 9 11 11 10 10 8 8 8
Depreciation 11 11 11 11 11 20 24 24 23 23 23 23 22
Profit before tax 23 22 25 18 23 29 31 21 35 50 33 29 28
Tax % 26% 23% 22% 23% 20% 26% 33% 22% 41% 30% 39% 40% 43%
17 17 19 14 18 21 21 16 20 35 20 18 16
EPS in Rs 2.66 2.70 2.98 1.82 2.45 2.82 2.74 2.20 2.83 4.71 2.51 2.31 2.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Dec 2012 Dec 2013 Dec 2014 Dec 2015 TTM
901 1,086 1,225 2,037 2,178
810 970 1,106 1,802 1,931
Operating Profit 90 115 120 235 247
OPM % 10% 11% 10% 12% 11%
8 12 16 14 17
Interest 1 4 4 43 33
Depreciation 36 42 44 91 91
Profit before tax 62 81 88 116 140
Tax % 27% 28% 22% 32%
45 58 68 79 89
EPS in Rs 7.19 8.96 9.16 10.58 11.63
Dividend Payout % 36% 31% 31% 26%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 31%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 20%
TTM: 10%
Stock Price CAGR
10 Years: 4%
5 Years: 2%
3 Years: 4%
1 Year: -15%
Return on Equity
10 Years: %
5 Years: %
3 Years: 13%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016
Equity Capital 13 13 15 15 15
Reserves 342 378 553 604 662
52 46 42 529 408
197 225 271 502 569
Total Liabilities 604 662 880 1,649 1,654
243 232 275 755 459
CWIP 4 11 6 4 0
Investments 60 55 186 207 195
296 365 413 684 1,000
Total Assets 604 662 880 1,649 1,654

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Dec 2012 Dec 2013 Dec 2014 Dec 2015
63 51 94
-54 -21 -204
-16 -28 106
Net Cash Flow -8 1 -4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Dec 2012 Dec 2013 Dec 2014 Dec 2015
Debtor Days 64 70 73 75
Inventory Days 52 45 41 42
Days Payable 75 72 73 77
Cash Conversion Cycle 41 43 42 40
Working Capital Days 35 40 39 28
ROCE % 18% 16% 18%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73%
4.30% 4.23% 3.85% 1.30% 1.03% 1.12% 1.52% 1.43% 0.89% 1.21% 1.39% 1.40%
0.90% 0.43% 0.44% 0.50% 0.50% 0.50% 1.53% 1.25% 1.32% 1.30% 1.04% 1.40%
27.07% 27.60% 27.98% 30.46% 30.72% 30.64% 29.22% 29.58% 30.06% 29.76% 29.83% 29.48%
No. of Shareholders 34,55633,92734,37833,00031,36230,25627,61426,83026,54431,02633,30234,825

* 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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