HUHTAMAKIIndustrials

Huhtamaki India Limited

Packaging · ISIN INE275B01026 · BSE 509820 · NSE EQ · FV ₹2
Last price
₹244
+0.23%today
What this company does

Huhtamaki India Limited operates in Packaging, part of the Industrials sector. It booked ₹750 cr of revenue in its latest quarter (Q1 FY27) and kept 5.8% of sales as profit.

The Company manufactures/supplies packaging materials which are Cyber-security their expectations in areas such as sustainability, digitalization, and personalization.
In the report:
75out of 100
Equitytale Health Score
Solid

Healthier than 75% of companies in Industrials, on the 4 of 6 measures we could read for it. Each measure is ranked against the 234–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns59

How much profit it earns on the money it employs

Balance sheet79

How much it owes, and whether earnings cover the interest

Valuation79

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 23% vs last year
Profit up 75% vs last year
Promoters hold 68%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Thin 5.8% net margin
! Operating cash flow is negative

What if I invest in HUHTAMAKI?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹244 +0.23%
latest close · 2026-09-17
1-year return
-7.8%
52-wk low ₹14852-wk high ₹330
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio10.5Low
LowAverageHigh
P/B ratio1.36Moderate
Below bookModerateHigh
EV / EBITDA5.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.0%Fair
WeakFairStrong ▸15%
Return on capital16.4%Strong
WeakFairStrong
Net margin5.8%Decent
ThinDecentStrong
EBITDA margin10.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover18.4×Strong
RiskyOkayStrong ▸5×
Current ratio2.19Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,840 cr
Book value
₹179
EPS
₹5.79
latest quarter
Net debt
₹-81 cr
more cash than debt
Enterprise value
₹1,760 cr
EBITDA
₹306 cr
annualised
EBIT
₹249 cr
annualised
Operating margin
8.3%
Return on assets
7.9%
Earnings yield
9.51%
P/S
0.61
Sales / share
₹397.1
Tax rate
25.6%
Face value
₹2
Shares
7.6 cr
Working capital
₹838 cr
Current assets
₹1,541 cr
Current liabilities
₹703 cr
Delivery %
49.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
We haven't parsed this company's annual profit history yet — common for banks and insurers, whose results file in a different format — so we can't value it off earnings.
Models span ₹160₹160, midpoint ₹160

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹750 cr
Other Income₹1 cr
Total Income₹751 cr
Cost of Materials₹522 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-26 cr
Employee Benefit Expense₹70 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹14 cr
Other Expenses₹109 cr
Total Expenses₹693 cr
Profit before Tax₹59 cr
Tax Expense₹15 cr
Net Profit₹44 cr
Net margin on total income5.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹497 cr66.1%
Employee benefit expense₹70 cr9.3%
Finance costs₹3 cr0.4%
Depreciation & amortisation₹14 cr1.9%
Other expenses₹109 cr14.5%
Tax expense₹15 cr2.0%
Profit for the period₹44 cr5.8%
Total income ₹751 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue623 cr613 cr750 cr
Total income631 cr635 cr751 cr
Expenses590 cr600 cr693 cr
Profit before tax41 cr35 cr59 cr
Tax11 cr9 cr15 cr
Net profit (owners' share)30 cr26 cr44 cr
Net margin (owners' share, on revenue)4.9%4.2%5.8%
EPS (₹)4.023.395.79
YoY (latest quarter): total income +21.4% · net profit +75.3%
Balance sheet & cash flow · as of Jun 2026
Low debt
Total assets
₹2,216 cr
Shareholder equity
₹1,349 cr
parent shareholders
Total debt
₹104 cr
Cash
₹185 cr
Cash flow · Q1 FY27
Operating
₹-71 cr
Investing
₹185 cr
Financing
₹-21 cr
Peer comparison
Packaging · by market value
CompanyPriceMarket capP/E
EPL Limited₹231₹7,416 cr18.8
AGI Greenpac Limited₹734₹4,747 cr11.9
UFLEX Limited₹653₹4,715 cr2.8
TCPL Packaging Limited₹3,863₹3,516 cr22.0
Polyplex Corporation Limited₹1,085₹3,406 cr9.4
Jindal Poly Films Limited₹726₹3,179 cr9.1
Xpro India Limited₹1,236₹2,901 cr91.4
COSMO FIRST LIMITED₹880₹2,310 cr10.6
Mold-Tek Packaging Limited₹662₹2,069 cr29.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.82%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 23 Apr 2026
ActionDetailEx-date
Dividend₹2 / share23 Apr 2026
Dividend₹2 / share24 Apr 2025
Dividend₹5 / share24 Apr 2024
Dividend₹2 / share20 Apr 2023
Dividend₹1 / share20 Apr 2022
Dividend₹3 / share9 Jun 2021
Who owns it · 2026-06-30
No pledge
Promoter
67.7%
FII / Foreign
0.7%
DII / Domestic
1.0%
Retail / others
30.6%
Smart-money activity
Insider trades
SoldAmar Bansilal Chhajed · Employees/Designated Employees2.00 L · ₹6.3 cr31 Mar 21
BoughtHuhtavefa B.V · Promoters6.00 L · ₹18.8 cr31 Mar 21
SoldAmar Bansilal Chhajed mar · Employees/Designated Employees5.50 L · ₹19.4 cr18 Apr 18
Bulk / block deals
SoldHRTI PRIVATE LIMITED · NSE9.80 L @ ₹284.3828 Jul 26
BoughtHRTI PRIVATE LIMITED · NSE8.63 L @ ₹283.8228 Jul 26
BoughtDIGVIJAY FINLEASE LIMITED · NSE6.35 L @ ₹281.9728 Jul 26
Stake changes
SoldSeetha Kumari→ 0.61% · 21.48 L12 Nov 24
BoughtSeetha Kumari · promoter→ 5.02% · 26,46328 Mar 23
What shareholders were asked to approve
4 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 10 Jan 2026
See the official result
1
Appointment of Mr. Kamal Taneja (DIN : 08063619) as a Director and Managing Director of the Company.
Backed by 98% of shareholders other than promotersneeded 75%
11.06 L votes for, 18,752 against · 0% of mutual funds and other big investors said no
2
Appointment of Mr. Axel Glade (DIN: 10780455) as Non-Executive Non-Independent Director.
Backed by 98% of shareholders other than promotersneeded 50%
11.04 L votes for, 20,546 against · 0% of mutual funds and other big investors said no
3
Appointment of Mr. Thomas Geust (DIN: 07108367) as Non-Executive Non-Independent Director.
Backed by 98% of shareholders other than promotersneeded 50%
11.04 L votes for, 20,546 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 67.7% between them · as of 2026-06-30
Huhtavefa B.V.67.73%
Huhtamaki Finance Company I B.V.no shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.