Huhtamaki India Ltd

Huhtamaki India Ltd

₹ 346 0.49%
23 Apr - close price
About

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]

Key Points

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]

  • 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.

Peer comparison

Sector: Packaging Industry: Packaging

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
632 663 669 662 729 793 769 693 662 622 662 604 610
590 640 638 651 678 758 746 644 610 582 617 546 569
Operating Profit 42 23 31 11 51 34 23 49 51 40 46 58 41
OPM % 7% 3% 5% 2% 7% 4% 3% 7% 8% 6% 7% 10% 7%
6 2 -30 2 13 6 2 -3 6 0 3 376 8
Interest 6 6 7 8 7 8 9 9 7 10 8 6 5
Depreciation 23 24 23 23 22 22 21 21 16 12 11 11 10
Profit before tax 20 -5 -29 -18 34 11 -5 16 35 18 30 416 35
Tax % 19% 24% 24% 25% 28% 23% 101% -5% -1% 22% -6% 21% 26%
16 -4 -22 -14 25 8 0 17 35 14 32 327 26
EPS in Rs 2.14 -0.46 -2.89 -1.79 3.26 1.08 0.01 2.23 4.70 1.91 4.27 43.35 3.45
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73% 67.73%
4.24% 4.28% 4.30% 4.23% 3.85% 1.30% 1.03% 1.12% 1.52% 1.43% 0.89% 1.21%
1.28% 1.07% 0.90% 0.43% 0.44% 0.50% 0.50% 0.50% 1.53% 1.25% 1.32% 1.30%
26.75% 26.92% 27.07% 27.60% 27.98% 30.46% 30.72% 30.64% 29.22% 29.58% 30.06% 29.76%
No. of Shareholders 33,06933,18434,55633,92734,37833,00031,36230,25627,61426,83026,54431,026

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls