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Huhtamaki India Limited

Huhtamaki India Limited

HUHTAMAKI.NS
Huhtamaki India LimitedIN flagNational Stock Exchange of India
221.53
INR
+10.40
- -
16.73BMarket Cap
Huhtamaki India Limited
HUHTAMAKI.NS
(National Stock Exchange of India)

Recent

price

221.53

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
112.31
127.19
143.66
173.16
184.63
280.2
285.23
278.1
308.8
337.34
320.28
340.41
386.18
328.56
324.48
316.34
320.52
Revenue per Share
7.68
8.39
7.19
8.97
10.04
10.58
10.8
8.42
4.62
22.52
12.71
-3
6.57
16.27
11.65
15.65
9.86
Basic EPS, GAAP
5.61
7.23
6.13
0.7
1.99
37.05
18.81
4.4
4.51
28.73
15.95
-14.14
4.79
23.66
10.06
24.14
- -
Free Cash Flow per Basic Share
3.5
2.56
2.78
3.03
3.08
3.35
3.24
3.68
3.6
3.61
3.01
3
1.03
2.01
5
2
- -
Dividend per Share
21.77
26.54
29.99
34.79
38.54
49.48
51.46
53.73
52.18
71.08
79.88
73.38
78.87
131.13
136.91
150.18
2
Book Value per Share
45.62
51.43
52.86
59.45
83.39
59.56
65.56
71.26
64.14
82.72
91.2
85.07
91.26
143.43
149.15
162.66
154.12
Tangible Book Value per Share
63
63
63
63
66
73
76
76
76
76
76
76
76
76
76
76
76
Basic Weighted Avg Shares
7,040
7,973
9,006
10,855
12,253
20,374
21,541
21,003
23,321
25,477
24,188
25,709
29,165
24,813
24,505
23,890
24,209
Sales/Revenue/Turnover
6.66
7.91
6
6.68
6.2
7.84
7.39
6.55
6.28
8.16
5.87
0.66
2.55
6.04
3.53
5.82
3.05
Operating Margin (%)
324
320
357
343
439
905
928
852
854
869
979
922
860
534
475
522
518
Depreciation Expense
481
526
451
562
666
769
815
636
349
1,700
960
-227
496
1,229
880
1,182
745
Net Income, GAAP
23.02
20.5
26.91
28.4
21.81
31.91
38.84
44.67
69.28
15.65
18.37
- -
11.25
18.08
24.71
25.34
24.8
Effective Tax Rate (%)
6.84
6.6
5.01
5.18
5.44
3.78
3.79
3.03
1.5
6.67
3.97
-0.88
1.7
4.95
3.59
4.95
3.08
Profit Margin (%)
1,033
1,004
1,466
1,893
3,252
3,483
4,093
4,669
3,996
2,409
2,815
2,779
3,230
6,755
6,125
7,566
6,832
Working Capital
225
221
343
399
354
4,343
4,076
3,942
3,904
1,018
1,679
2,550
2,398
2,470
1,426
1,376
1,402
LT Debt
2,937
3,288
3,735
4,109
5,895
4,501
5,092
5,491
5,565
6,974
7,649
7,147
7,570
11,505
11,936
12,935
12,296
Total Equity
11.99
15.03
10.23
11.9
10.93
13.29
9.88
7.86
4.63
17.96
11.3
- -
5.68
9.38
4.67
7.39
3.94
Return on Invested Capital (%)
49.71
30.54
20.31
21.32
22.41
16.68
12.02
9.93
5.83
23.44
13.77
- -
7.91
13.13
8.34
10.61
38.79
Return on Capital (%)
64.59
34.74
25.44
27.68
28.11
25
21.79
16.02
8.72
36.53
16.84
-3.92
8.63
15.49
8.69
10.9
492.98
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
60
- -
90
LT Borrowings
1,000
- -
1,000
LT Finance Leases
426
- -
402
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
76
- -
76
Market Capitalization
20,656
13,645
15,949

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
11,897
- -
12,609
Cash, Cash Equivalents & STI
3,270
- -
2,834
Accounts Receivable, Net
5,704
- -
6,025
Inventories
2,502
- -
3,107
Total Current Liabilities
5,772
- -
5,778
Payables & Accruals
- -
- -
- -
ST Debt
60
- -
90
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.08%
12.69%
8.38%
Free Cash Flow
52.58%
30.83%
140.08%
Net Income, GAAP
-0.63%
-57.8%
34.32%
Sales/Revenue/Turnover
1.95%
0.21%
-2.51%
Total Cash Common Dividend
11.39%
23.68%
-59.94%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,936
6,210
6,347
6,012
24,505
2025
5,930
5,919
5,991
- -
23,890
2026
5,936
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.45
5.1
1.55
1.55
11.65
2025
3.46
3.3
4.02
- -
15.65
2026
3.39
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
- -
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Business
Huhtamaki India Limited manufactures and supplies flexible packaging and labelling solutions for consumer goods sectors including food and beverages, personal care, pharmaceuticals, home care and industrial products. The company offers flexible laminates and barrier films; specialized pouches including shaped, 5- and 6-panel and thermoformed variants; labelling technologies such as shrink sleeves, heat transfer, pressure-sensitive, metalized paper and wrap-around labels; tube laminates; specialized cartons; promotional, holographic and security solutions; rotogravure cylinders; packaging machinery; and high-barrier specialized films. Huhtamaki India operates 18 manufacturing facilities across India including sites in Thane, Khopoli, Taloja, Ambernath, Mahape, Silvassa, Hyderabad, Rudrapur, Bengaluru, Guwahati, Baddi, Daman, Gangtok and Sricity, with sales offices in major cities; it exports to Europe, Africa, the Middle East, Southeast Asia, Oceania, North and South America and serves multinational clients such as Britannia, Coca-Cola, Ferrero, GlaxoSmithKline, Marico, Mondelez, Nestle, PepsiCo, P&G and Unilever. Founded in 1935 as The Paper Products Ltd and listed on the Bombay Stock Exchange in 1950, the company joined the Huhtamaki Group in 1999, renamed to Huhtamaki PPL Limited in 2014 and to Huhtamaki India Limited in November 2020; it is headquartered in Mumbai with corporate offices in Thane, India, and functions as a subsidiary of Huhtavefa BV. Recent developments include pursuing mergers and acquisitions with a war chest of $400-500 million to expand product base and revenues amid industry consolidation as of mid-2025, alongside leadership changes such as the appointment of Axel Glade as additional non-executive director in October 2025 and the resignation of MD Dhananjay Salunkhe effective January 2026.