Huhtamaki India Limited

NSE: HUHTAMAKI · Unclassified

₹212.22-3.36%06 Nov 2026

Ask the data

Instant answers about Huhtamaki India Limited — computed from its filings, no language model

Market cap₹1,602 cr

Current price₹212.22

High / Low₹319 / ₹150

P/E12.4

P/B1.19

Book value₹178.7

ROE9.6%

ROCE13.2%

Debt / equity0.08

Dividend yield0.94%

EPS (TTM)₹17.13

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Revenue	2,369	2,582	2,463	2,625	2,983	2,549	2,521	2,469
EBITDA	224	293	234	109	157	195	117	191
Operating margin	9.4%	11.4%	9.5%	4.2%	5.3%	7.6%	4.7%	7.7%
Interest	39	21	26	27	32	31	18	17
Depreciation	85	87	98	92	86	49	47	52
Profit before tax	114	202	118	-32	56	500	117	158
Tax	79	32	22	-9	6	90	29	40
Net profit	0	170	96	-23	50	410	88	118
EPS ₹	4.62	22.52	12.71	-3.00	6.57	54.24	11.65	15.65
Operating cash flow	—	—	—	-28	133	274	142	238
Capex	—	—	—	79	96	95	66	55
Dividend paid	—	—	—	23	8	15	38	15
Total assets	—	—	—	—	1,751	2,001	1,937	2,004
Equity	—	—	—	—	757	1,150	1,194	1,294

Quarterly performance

last 35 quarters · ₹ crore

showing latest 8 of 35 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	553	595	608	613	629	634	646	673	575	636	686	558	632	663	669	662	729	793	769	693	662	622	662	604	610	639	652	619	610	612	625	623	613	750	769
Operating profit	56	52	51	66	87	71	68	67	53	67	77	35	42	23	31	11	51	34	23	49	51	40	46	58	41	32	18	26	39	43	55	54	40	75	60
Operating margin	10.1%	8.7%	8.3%	10.7%	13.9%	11.2%	10.6%	9.9%	9.3%	10.6%	11.3%	6.4%	6.7%	3.4%	4.7%	1.6%	7.0%	4.4%	3.0%	7.1%	7.8%	6.4%	6.9%	9.6%	6.7%	5.0%	2.8%	4.2%	6.3%	7.0%	8.9%	8.7%	6.5%	10.0%	7.8%
Other income	4	2	4	4	9	3	1	3	2	0	3	3	6	2	1	2	13	6	2	-3	6	2	3	4	8	6	13	6	11	7	9	8	22	1	6
Interest	7	7	17	8	7	7	8	-1	6	7	6	7	6	6	7	8	7	8	9	9	7	10	8	6	5	5	5	3	3	3	3	8	4	3	3
Depreciation	20	21	23	22	22	21	22	22	25	25	25	24	23	24	23	23	22	22	21	21	16	12	11	11	10	12	12	14	13	13	13	14	24	14	14
Profit before tax	33	26	15	39	68	46	39	49	24	36	50	8	20	-5	-29	-18	34	11	-5	16	35	18	30	416	35	51	16	15	35	33	49	41	35	59	39
Tax	15	12	30	21	26	18	7	-19	-3	9	13	3	4	-1	-7	-5	9	2	-5	-1	-0	4	-2	89	9	12	4	3	9	8	12	11	9	15	10
Net profit	0	0	0	0	42	0	0	68	27	27	37	5	16	-4	-22	-14	25	8	0	17	35	14	32	327	26	39	12	12	26	25	37	30	26	44	30
EPS ₹	2.36	1.89	-2.00	2.38	5.57	3.70	4.22	9.03	3.62	3.54	4.88	0.67	2.14	-0.46	-2.89	-1.79	3.26	1.08	0.10	2.23	4.70	1.91	4.27	43.36	3.45	5.10	1.55	1.55	3.46	3.30	4.87	4.02	3.39	5.79	3.94
Revenue YoY	—	—	—	—	13.8%	6.4%	6.3%	9.8%	-8.7%	0.3%	6.2%	-17.2%	10.1%	4.2%	-2.5%	18.6%	15.2%	19.6%	15.0%	4.7%	-9.2%	-21.6%	-13.9%	-12.8%	-7.8%	2.9%	-1.5%	2.5%	-0.0%	-4.3%	-4.3%	0.6%	0.5%	22.5%	23.1%
Profit YoY	—	—	—	—	—	—	—	—	-35.0%	—	—	-92.5%	-40.8%	-113.1%	-159.2%	-366.1%	52.2%	—	—	—	44.2%	77.4%	80575.0%	1844.3%	-26.7%	166.5%	-63.7%	-96.4%	0.5%	-35.3%	214.0%	159.2%	-2.1%	75.3%	-19.1%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Huhtamaki India Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 10 periods

	Dec '08†	Dec '09†	Dec '10†	Dec '11†	Dec '12†	Dec '13†	Dec '14†	Dec '15†	Dec '16†	Dec '17†
Revenue	655	584	711	806	890	1,006	1,135	1,151	1,479	2,230
Operating profit	64	78	77	90	88	99	102	120	143	218
Operating margin	9.7%	13.4%	10.9%	11.1%	9.8%	9.8%	9.0%	10.5%	9.7%	9.8%
Other income	5	1	2	5	8	5	9	13	16	14
Interest	2	2	0	1	—	—	—	25	29	32
Depreciation	29	31	32	32	35	34	36	39	51	85
Profit before tax	30	50	59	62	61	77	75	68	77	115
Tax	8	12	10	10	16	22	10	19	31	51
Net profit	21	37	48	53	45	55	65	49	46	64

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	146	153	158	172	179	145	145	147	161	132	161	176	182	192	201	199	196	209	210	239	223	219	237	258	251	261	271	286	291	287	283	298	279	291	305	330	321	523	562	559	546	562
Operating profit	13	16	19	16	13	16	25	19	18	16	20	16	18	23	26	26	19	19	24	24	18	22	27	28	22	23	28	27	23	25	36	32	22	30	40	25	25	53	53	41	64	60
Operating margin	8.7%	10.4%	11.9%	9.0%	7.5%	11.1%	17.3%	13.0%	10.9%	12.5%	12.5%	9.3%	9.9%	12.0%	12.9%	13.1%	9.6%	9.0%	11.4%	10.1%	7.9%	9.9%	11.5%	10.7%	8.7%	8.6%	10.2%	9.4%	7.8%	8.6%	12.8%	10.7%	7.7%	10.5%	13.0%	7.6%	7.8%	10.2%	9.4%	7.4%	11.7%	10.7%
Other income	3	3	1	4	0	0	0	0	0	0	0	0	0	1	1	1	1	2	2	3	2	2	1	2	1	1	1	2	2	4	3	3	5	2	3	4	4	5	6	3	2	3
Interest	0	1	0	0	1	0	1	1	0	0	0	0	0	0	0	0	0	0	—	0	—	0	0	—	0	0	0	0	—	0	5	7	7	7	8	7	7	8	9	8	8	7
Depreciation	7	8	7	7	7	7	8	8	8	8	8	8	8	8	8	8	8	9	8	9	9	9	8	8	9	9	9	9	9	9	10	10	10	10	10	10	10	22	21	22	21	21
Profit before tax	8	11	12	6	6	6	16	14	10	9	26	8	10	14	19	19	12	12	18	18	11	15	20	21	14	22	20	20	16	19	25	18	9	16	26	12	13	26	29	14	36	35
Tax	0	2	2	2	2	2	5	3	2	2	6	2	2	0	5	4	-1	2	5	5	2	5	5	7	5	6	4	2	3	2	6	6	1	7	6	6	6	13	13	7	17	14
Net profit	7	9	9	4	4	4	11	11	8	7	20	7	8	14	15	15	13	10	13	13	9	10	15	14	9	16	16	18	13	17	18	13	8	10	20	7	7	13	16	7	19	21
EPS ₹	1.19	1.47	1.50	0.64	0.65	0.61	1.76	1.73	1.32	1.15	3.19	1.07	1.23	2.19	2.32	2.41	1.61	1.58	2.06	2.13	1.40	1.59	2.40	2.31	1.45	2.54	2.63	2.46	1.88	2.07	2.52	1.75	1.17	1.31	2.69	0.94	0.94	2.02	2.16	0.96	2.53	2.77
Revenue YoY	—	—	—	—	23.0%	-5.5%	-8.5%	-14.7%	-10.2%	-9.2%	11.0%	19.8%	13.1%	45.7%	25.3%	13.0%	7.8%	9.0%	4.1%	19.9%	13.7%	4.9%	13.2%	8.0%	12.5%	18.9%	14.3%	11.1%	15.9%	10.2%	4.4%	4.1%	-4.0%	1.3%	7.7%	10.8%	15.1%	79.6%	84.4%	69.5%	70.1%	7.5%
Profit YoY	—	—	—	—	-45.5%	-58.4%	17.2%	172.4%	102.7%	90.0%	81.2%	-38.2%	-6.2%	89.0%	-27.4%	126.1%	68.2%	-27.6%	-11.1%	-11.8%	-32.6%	0.8%	16.8%	8.2%	3.4%	59.5%	9.2%	25.1%	39.2%	9.5%	11.1%	-29.4%	-32.8%	-45.2%	6.9%	-46.3%	-19.2%	33.3%	-16.6%	5.5%	178.5%	64.5%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 32 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-0.4%	2.6%	6.6%	8.0%	8.4%	12.5%	35.6%	34.8%	36.0%	34.3%	7.4%	7.4%	6.1%	8.1%	9.1%	9.1%	10.1%	9.6%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2.2%	4.3%	7.9%	7.9%	8.5%	11.4%	39.2%	39.0%	40.1%	38.9%	10.4%	10.2%	8.5%	10.8%	12.5%	12.6%	13.9%	13.2%
Net margin	0.0%	1.7%	1.7%	1.7%	4.3%	3.8%	4.8%	6.2%	3.9%	3.4%	2.2%	-0.2%	-0.9%	-0.5%	-0.1%	0.7%	1.7%	2.1%	2.4%	3.8%	16.1%	16.0%	16.9%	16.1%	3.5%	3.5%	3.0%	4.0%	4.8%	4.8%	5.2%	4.7%
EBITDA margin	9.4%	10.4%	11.1%	11.6%	11.4%	10.3%	10.1%	10.3%	9.5%	8.9%	7.0%	5.2%	4.1%	4.2%	4.5%	4.0%	5.3%	5.4%	5.9%	7.0%	7.6%	7.4%	7.0%	5.9%	4.7%	4.6%	5.0%	6.6%	7.7%	7.8%	8.6%	8.3%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.67	0.67	0.48	0.48	0.47	0.47	0.18	0.18	0.18	0.18	0.09	0.09	0.08	0.08	0.08	0.08	0.08	0.08
Interest coverage	3.90	4.83	5.37	7.40	10.54	8.68	8.13	9.43	5.50	5.46	3.95	0.78	-0.18	0.39	0.93	1.68	2.73	2.79	2.91	4.05	17.38	18.56	23.63	25.87	7.66	8.38	8.15	12.09	10.56	10.29	11.59	10.93
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.43	1.48	1.70	1.67	1.56	1.50	1.27	1.25	1.24	1.23	1.30	1.30	1.26	1.25	1.23	1.23	1.18	1.24

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	JUN '22	DEC '22	JUN '23	DEC '23	JUN '24	DEC '24	JUN '25	DEC '25	JUN '26
Share capital	15	15	15	15	15	15	15	15	15
Other equity / reserves	727	742	777	1,135	1,162	1,178	1,215	1,278	1,334
Total equity	742	757	793	1,150	1,177	1,194	1,230	1,294	1,349
Borrowings	499	366	373	203	209	101	104	101	104
Current liabilities	1,004	739	711	585	593	577	578	548	703
Non-current liabilities	251	254	256	265	266	166	165	163	163
Total assets	1,997	1,751	1,760	2,001	2,036	1,937	1,973	2,004	2,216
Property, plant & equipment	410	346	411	344	522	530	554	539	536
Capital work-in-progress	48	100	112	203	30	40	31	35	8
Investments	0	0	0	80	90	151	125	194	125
Inventories	446	298	319	270	329	250	311	206	396
Receivables	774	659	597	551	584	570	602	554	677
Cash & equivalents	14	43	51	144	65	49	51	95	185

Cash flow

annual · ₹ crore · line = free cash flow

	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Cash from operations	-28	133	274	142	238
Cash from investing	-56	-90	40	-77	-156
Cash from financing	49	-32	-211	-161	-36
Capex	79	96	95	66	55
Free cash flow	-107	36	179	76	182
Dividends paid	23	8	15	38	15

Where the assets sit

Jun '26 · ₹ crore

Fixed assets (PPE)

₹536 cr24%

CWIP

₹8 cr0%

Investments

₹125 cr6%

Inventories

₹396 cr18%

Receivables

₹677 cr31%

Cash & equivalents

₹185 cr8%

Other assets

₹288 cr13%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Huhtamaki India Limited	1,602	212.22	12.4	1.19	9.6%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-8.2%

6 months+13.9%

1 year-16.0%

3Y CAGR-9.1%

5Y CAGR-3.0%

10Y CAGR-2.4%

50-day avg₹237.57

200-day avg₹209.02

RSI (14)42

FAQs

What is the share price of Huhtamaki India Limited?

Huhtamaki India Limited (HUHTAMAKI) closed at ₹212.22 on NSE on 06 Nov 2026.

What is the market cap of Huhtamaki India Limited?

₹1,602 crore at the latest close.

What is the P/E ratio of Huhtamaki India Limited?

12.4, on trailing-twelve-month earnings from its filings.

How fast is Huhtamaki India Limited growing?

Huhtamaki India Limited: revenue has compounded at -6.1% a year over three years; net profit at 33.5% a year. Latest-quarter revenue is up 23.1% year on year, profit down 19.1%.

How profitable is Huhtamaki India Limited?

On a trailing-twelve-month basis return on equity is 9.6%, return on capital employed 13.2%, operating margin 8.3%, net margin 4.7%.

How much debt does Huhtamaki India Limited have?

Huhtamaki India Limited is lightly geared: debt to equity is 0.08 with borrowings of ₹104 cr against cash of ₹185 cr (balance sheet of 2026-06-30). Operating profit covers interest 10.9 times.

Financials parsed from Huhtamaki India Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from MAR '18, annual from Dec '18, balance sheet from Jun '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.