1. India Stocks

  2. •

    Process industries

  3. •

    Containers/Packaging
Huhtamaki India Limited

Huhtamaki India Limited

211.55
INR
-13.47
(-5.99%)
16.50EPS
11.95P/E
14.89BMarket Cap
Oct 27Next Earn
Huhtamaki India Limited
NSE:HUHTAMAKI
(National Stock Exchange of India)

Recent

price

211.55

P/E

ratio

11.95

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
INR
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
332.9
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
16.5
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
46.85
52.46
56.62
62.34
78.05
58.63
70.03
72.7
73.68
92.34
101.28
94.63
100.23
152.33
158.04
171.28
178.6
Book Value per Share
45.62
51.43
49.9
56.24
73.08
56.29
68.09
71.26
64.14
82.72
91.2
85.07
91.26
143.43
149.15
162.66
170.09
Tangible Book Value per Share
63
63
63
63
66
73
76
76
76
76
76
76
76
76
76
76
75
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
25,133
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
5.86
Operating Margin (%)
324
320
357
343
439
905
928
852
854
869
979
922
861
534
475
522
645
Depreciation Expense
481
526
451
562
666
769
815
636
349
1,700
960
-227
496
1,229
880
1,182
1,246
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
25.94
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
4.96
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
8,412
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
1,348
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
13,488
Total Equity
11.99
15.03
11.22
13.02
12.24
9.62
8.2
7.87
4.49
18.57
11.45
- -
6.1
32.45
5.89
7.69
- -
Return on Invested Capital (%)
16.15
15.91
11.65
13.02
12.39
12.76
10.85
8.55
4.9
19.51
11.58
- -
6.8
11.48
7.37
9.39
- -
Return on Capital (%)
17.34
16.9
13.18
15.07
13.9
15.48
17.43
12.02
6.31
27.12
13.13
-3.07
6.75
12.88
7.51
9.5
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
65
- -
98
LT Borrowings
1,000
- -
1,000
LT Finance Leases
376
- -
348
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
76
76
76
Market Capitalization
15,988
11,321
14,891

Working Capital

INR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,042
- -
15,446
Cash, Cash Equivalents & STI
4,930
- -
4,014
Accounts Receivable, Net
5,537
- -
6,767
Inventories
2,057
- -
3,957
Total Current Liabilities
5,476
- -
7,034
Payables & Accruals
- -
- -
- -
ST Debt
65
- -
98
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,937
6,210
6,347
6,012
24,505
2025
5,930
5,919
- -
5,991
23,890
2026
5,936
7,286
- -
- -
- -

Quarterly Earnings Per Share

INR

•

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
5.79
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
- -
Similar Companies
Segezha (MOEX:SGZH)
Amcor plc (NYSE:AMCR)
Duran Dogan Basim ve Ambalaj Sanayi A.S. (BIST:DURDO)
Isiklar Enerji ve Yapi Holding Anonim Sirketi (BIST:IEYHO)
PT Abadi Nusantara Hijau Investama Tbk (IDX:PACK)
UFlex Limited (NSE:UFLEX)
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.