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 ₹ 2,616 Cr.
- Current Price ₹ 346
- High / Low ₹ 371 / 220
- Stock P/E 24.0
- Book Value ₹ 152
- Dividend Yield 1.44 %
- 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.387 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.
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 | 2,498 | |
802 | 907 | 1,033 | 1,030 | 1,931 | 1,911 | 2,146 | 2,305 | 2,228 | 2,515 | 2,825 | 2,354 | 2,314 | |
Operating Profit | 88 | 100 | 102 | 121 | 251 | 220 | 223 | 294 | 235 | 110 | 158 | 195 | 184 |
OPM % | 10% | 10% | 9% | 11% | 11% | 10% | 9% | 11% | 10% | 4% | 5% | 8% | 7% |
8 | 12 | 16 | 13 | 15 | 13 | 17 | 17 | 8 | -22 | 17 | 385 | 387 | |
Interest | 1 | 1 | 1 | 26 | 39 | 33 | 41 | 23 | 27 | 28 | 33 | 31 | 28 |
Depreciation | 35 | 34 | 36 | 39 | 93 | 85 | 85 | 87 | 98 | 92 | 86 | 49 | 43 |
Profit before tax | 61 | 77 | 81 | 68 | 133 | 115 | 114 | 202 | 118 | -32 | 56 | 500 | 500 |
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 | 400 | |
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 | 52.98 |
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: | -14% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 33% |
3 Years: | 10% |
TTM: | 80% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 9% |
3 Years: | 9% |
1 Year: | 54% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 342 | 377 | 549 | 572 | 495 | 534 | 541 | 682 | 750 | 700 | 742 | 1,135 |
22 | 21 | 19 | 402 | 435 | 406 | 403 | 273 | 295 | 412 | 410 | 255 | |
165 | 187 | 226 | 298 | 501 | 480 | 491 | 544 | 523 | 680 | 584 | 596 | |
Total Liabilities | 542 | 597 | 809 | 1,288 | 1,446 | 1,435 | 1,451 | 1,514 | 1,583 | 1,807 | 1,751 | 2,001 |
171 | 158 | 203 | 186 | 465 | 437 | 518 | 486 | 561 | 537 | 479 | 483 | |
CWIP | 4 | 11 | 6 | 3 | 2 | 2 | 4 | 8 | 16 | 43 | 35 | 131 |
Investments | 99 | 94 | 225 | 755 | 195 | 138 | 21 | 61 | 18 | 1 | 0 | 80 |
267 | 335 | 375 | 343 | 784 | 858 | 908 | 959 | 987 | 1,227 | 1,237 | 1,307 | |
Total Assets | 542 | 597 | 809 | 1,288 | 1,446 | 1,435 | 1,451 | 1,514 | 1,583 | 1,807 | 1,751 | 2,001 |
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
- Unaudited Financial Results 6h
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Earnings call for 1st quarterly results as of 31st March 2024
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Apr - Certificate for the quarter ended March 31, 2024
- Board Meeting Intimation for Quarterly Results 15 Apr
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Apr - Regarding Notice of 74th AGM and e-voting information
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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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
Huhtamaki Limited offers solutions in the areas of Promotions and security, Digital printing, Specialised pouching, Recyclable, Thermoforms, Tube laminates, Printing cylinders & Labelling solutions. [1]