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 ₹ 2,159 Cr.
- Current Price ₹ 286
- High / Low ₹ 452 / 262
- Stock P/E 24.6
- Book Value ₹ 156
- Dividend Yield 1.75 %
- ROCE 12.5 %
- ROE 13.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of 1.48% over past five years.
- Company has a low return on equity of 7.13% over last 3 years.
- Earnings include an other income of Rs.435 Cr.
- Dividend payout has been low at 2.12% of profits 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 SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
890 | 1,006 | 1,135 | 1,151 | 2,181 | 2,131 | 2,369 | 2,599 | 2,463 | 2,625 | 2,983 | 2,549 | 2,506 | |
802 | 907 | 1,033 | 1,030 | 1,931 | 1,911 | 2,146 | 2,305 | 2,228 | 2,515 | 2,825 | 2,354 | 2,357 | |
Operating Profit | 88 | 100 | 102 | 121 | 251 | 220 | 223 | 294 | 235 | 110 | 158 | 195 | 149 |
OPM % | 10% | 10% | 9% | 11% | 11% | 10% | 9% | 11% | 10% | 4% | 5% | 8% | 6% |
8 | 12 | 16 | 13 | 15 | 13 | 17 | 17 | 8 | -22 | 17 | 385 | 435 | |
Interest | 1 | 1 | 1 | 26 | 39 | 33 | 41 | 23 | 27 | 28 | 33 | 31 | 21 |
Depreciation | 35 | 34 | 36 | 39 | 93 | 85 | 85 | 87 | 98 | 92 | 86 | 49 | 45 |
Profit before tax | 61 | 77 | 81 | 68 | 133 | 115 | 114 | 202 | 118 | -32 | 56 | 500 | 518 |
Tax % | 27% | 29% | 21% | 28% | 39% | 45% | 69% | 16% | 18% | -28% | 11% | 18% | |
45 | 55 | 65 | 49 | 82 | 64 | 35 | 170 | 96 | -23 | 50 | 410 | 404 | |
EPS in Rs | 7.18 | 8.70 | 8.89 | 6.75 | 11.21 | 8.42 | 4.62 | 22.52 | 12.71 | -3.00 | 6.57 | 54.24 | 53.45 |
Dividend Payout % | 36% | 32% | 32% | 41% | 27% | 36% | 65% | 13% | 24% | -33% | 30% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 1% |
3 Years: | 1% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 33% |
3 Years: | 10% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 3% |
3 Years: | 5% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 7% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Jun 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 342 | 377 | 549 | 572 | 495 | 534 | 541 | 682 | 750 | 700 | 742 | 1,135 | 1,162 |
22 | 21 | 19 | 402 | 435 | 406 | 403 | 273 | 295 | 412 | 410 | 255 | 258 | |
165 | 187 | 226 | 298 | 501 | 480 | 491 | 544 | 523 | 680 | 584 | 596 | 600 | |
Total Liabilities | 542 | 597 | 809 | 1,288 | 1,446 | 1,435 | 1,451 | 1,514 | 1,583 | 1,807 | 1,751 | 2,001 | 2,036 |
171 | 158 | 203 | 186 | 465 | 437 | 518 | 486 | 561 | 537 | 479 | 483 | 588 | |
CWIP | 4 | 11 | 6 | 3 | 2 | 2 | 4 | 8 | 16 | 43 | 35 | 131 | 30 |
Investments | 99 | 94 | 225 | 755 | 195 | 138 | 21 | 61 | 18 | 1 | 0 | 80 | 90 |
267 | 335 | 375 | 343 | 784 | 858 | 908 | 959 | 987 | 1,227 | 1,237 | 1,307 | 1,327 | |
Total Assets | 542 | 597 | 809 | 1,288 | 1,446 | 1,435 | 1,451 | 1,514 | 1,583 | 1,807 | 1,751 | 2,001 | 2,036 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
64 | 33 | 79 | 136 | 166 | 96 | 101 | 285 | 169 | -28 | 133 | 274 | |
-53 | -11 | -195 | -482 | -0 | 5 | -29 | -88 | -73 | -56 | -90 | 40 | |
-18 | -20 | 112 | 346 | -150 | -87 | -68 | -200 | -74 | 49 | -32 | -211 | |
Net Cash Flow | -7 | 1 | -4 | -1 | 16 | 13 | 3 | -3 | 22 | -35 | 11 | 102 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 57 | 67 | 70 | 69 | 77 | 90 | 88 | 87 | 79 | 88 | 81 | 79 |
Inventory Days | 49 | 46 | 42 | 38 | 45 | 49 | 48 | 38 | 52 | 68 | 50 | 57 |
Days Payable | 69 | 69 | 69 | 70 | 81 | 93 | 82 | 91 | 93 | 112 | 80 | 98 |
Cash Conversion Cycle | 37 | 45 | 43 | 37 | 42 | 46 | 54 | 35 | 38 | 43 | 51 | 37 |
Working Capital Days | 30 | 41 | 38 | 17 | 31 | 49 | 52 | 42 | 48 | 56 | 55 | 42 |
ROCE % | 17% | 18% | 15% | 12% | 18% | 16% | 15% | 22% | 14% | 2% | 7% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
29 Oct - Transcript of earnings call held on October 25, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
25 Oct - Audio recording of earnings call for Q3 2024.
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Announcement under Regulation 30 (LODR)-Investor Presentation
25 Oct - Presentation for the Investor call on October 25, 2024
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Announcement Under Reg 30 Regarding Levy Of Fine By Customs Dept.
23 Oct - Disclosure of fine imposed by Customs Department.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Oct - Publication of Unaudited Financial Results in Newspapers
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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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]