Is Huhtamaki India Ltd (HUHTAMAKI) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Huhtamaki India Ltd is a good quality company .

Is Huhtamaki India Ltd (HUHTAMAKI) undervalued or overvalued?

The key valuation ratios of Huhtamaki India Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Huhtamaki India Ltd (HUHTAMAKI) share price return in the past 10 years?

Huhtamaki India Ltd share price has declined -1.7% annually (CAGR) over the past ten years.

Is Huhtamaki India Ltd (HUHTAMAKI) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Huhtamaki India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Huhtamaki India Ltd (HUHTAMAKI)?

Company share prices are keep on changing according to the market conditions. The current trading price of Huhtamaki India Ltd (HUHTAMAKI) on 17-Apr-2026 16:59:59 at 16:59 is 190.40.

What is the P/E ratio of Huhtamaki India?

The latest standalone P/E ratio of Huhtamaki India as of 17-Apr-2026 is 11.91.

What is the P/B ratio of Huhtamaki India Ltd (HUHTAMAKI)?

The latest standalone P/B ratio of Huhtamaki India Ltd (HUHTAMAKI) as of 17-Apr-2026 is 1.09.

What is the 52-week high and low of Huhtamaki India Ltd (HUHTAMAKI)?

The 52-week high of Huhtamaki India Ltd (HUHTAMAKI) is Rs. 272.45 and the 52-week low is Rs. 148.95.

Huhtamaki India Ltd (HUHTAMAKI) Share Analysis – Brand Strength, Quality & Valuation Zone & DeciZen Rating

Name: Huhtamaki India Ltd (HUHTAMAKI)
Brand: Huhtamaki India

Key Metrics

Market Cap

₹1,408 Cr.

P/E Ratio

11.91

Price to Book (P/B)

1.09

Price to Sales (P/S)

0.57

EV/EBITDA

5.33

Return on Capital Employed (ROCE)

13.07%

Current Price

₹190.4

Return on Equity (ROE)

9.54%

Return on Assets (ROA)

4.57%

Operating Profit Margin

7.8%

Net Profit Margin

4.78%

Gross Profit Margin

8.4%

Book Value per Share

₹170.7

Sales Growth (YoY)

-2.05%

Sales Growth (3 Years)

-6.1%

Operating Profit Growth (1 Year)

70.48%

Operating Profit Growth (3 Years)

6.7%

Net Profit Growth (1 Year)

34.32%

52-Week Low / High

₹149 / 272

Net Profit Growth (3 Years)

33.52%

Dividend Yield

0.94%

Promoter Holding

67.73%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Huhtamaki India Ltd?

Huhtamaki India Ltd revenue growth is -2.1% for FY-2025 , which is below its 5 year CAGR of 0.1% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Huhtamaki India Ltd?

Promoters hold 67.73% of the Huhtamaki India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Huhtamaki India Ltd vs industry peers?

Huhtamaki India Ltd revenue CAGR is 0.05% , compared to the industry median CAGR of 2.49% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Huhtamaki India Ltd belong to?

Huhtamaki India Ltd belongs to the FMCG sector, operating specifically within the Packaging segment.

Q.1 Stock return of Huhtamaki India Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of -1.7% based on the current price.

DeciZen - make an informed investing decision on Huhtamaki India

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation

3. Price Trend

Huhtamaki India stock performance

Key Ratios

Is Huhtamaki India Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
ROCE % ⓘ	17.9%	15.6%	16.1%	23.2%	14.6%	-0.4%	8.1%	43%	10.2%	13.1%	-
Value Creation Index ⓘ	0.3	0.1	0.2	0.7	0.0	-1.0	-0.4	2.1	-0.3	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2,181	2,131	2,369	2,599	2,463	2,625	2,983	2,549	2,521	2,469	2,469
Sales YoY Gr.	-	-2.3%	11.2%	9.7%	-5.2%	6.6%	13.6%	-14.5%	-1.1%	-2.1%	-
Adj EPS ⓘ	11.5	8.6	4	21.8	13.1	-0.5	6.2	19.4	8	14.2	15.7
YoY Gr.	-	-25.1%	-53.8%	445.4%	-40%	-103.6%	NA	212.6%	-58.8%	77.5%	-
BVPS (₹) ⓘ	69.5	71.8	72.7	91.5	100.4	93.9	99.4	151.7	157.4	170.6	170.7
Adj Net Profit ⓘ	83.9	65.3	30.2	164	98.7	-3.5	46.9	147	60.3	107	118
Cash Flow from Ops. ⓘ	166	96	101	285	169	-27.7	133	274	142	238	-
Debt/CF from Ops. ⓘ	2.6	4.2	4	1	1.5	-12.6	2.7	0.7	0.7	0.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	1.4%	0.1%	-6.1%	-2.1%
Adj EPS ⓘ	2.3%	1.7%	31.7%	77.5%
BVPSⓘ	10.5%	11.2%	19.8%	8.4%
Share Price	-1.7%	-6.9%	-4%	-2.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Return on Equity % ⓘ	15.3	12.3	5.5	26.2	13.5	-0.5	6.4	15.4	5.2	8.6	9.2
Op. Profit Mgn % ⓘ	11.5	10.5	9.4	11.3	9.8	4.2	5.4	7.6	4.6	7.8	8
Net Profit Mgn % ⓘ	3.9	3.1	1.3	6.3	4	-0.1	1.6	5.8	2.4	4.3	4.8
Debt to Equity ⓘ	0.9	0.8	0.7	0.4	0.3	0.5	0.5	0.2	0.1	0.1	0.1
Working Cap Days ⓘ	82	126	127	123	134	180	205	231	229	225	97
Cash Conv. Cycle ⓘ	28	46	53	48	47	49	49	51	44	39	54

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	15.7	11.2
TTM Sales (₹ Cr.)	2,469	2,154
BVPS (₹) ⓘ	170.7	0
Reserves (₹ Cr.) ⓘ	1,274	660
P/BV ⓘ	1.09	0.00
PE ⓘ	11.91	16.64

From the Market
52 Week Low / High (₹)	148.95 / 272.45
All Time Low / High (₹)	7.20 / 451.50
Market Cap (₹ Cr.)	1,408
Equity (₹ Cr.)	15.1
Face Value (₹)	2
Industry PE ⓘ	20.5

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Huhtamaki India - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales	2,181	2,131	2,369	2,599	2,463	2,625	2,983	2,549	2,521	2,469
Operating Expenses ⓘ +	1,931	1,911	2,146	2,305	2,228	2,515	2,825	2,356	2,409	2,278
Manufacturing Costs	152	155	161	174	193	203	222	219	222	212
Material Costs	1,467	1,428	1,608	1,728	1,612	1,872	2,184	1,737	1,740	1,630
Employee Cost	194	209	235	252	276	258	254	255	254	259
Other Costs ⓘ	117	119	142	151	147	183	166	145	193	177
Operating Profit ⓘ	250	220	223	294	234	110	158	193	112	192
Operating Profit Margin (%)	11.5%	10.3%	9.4%	11.3%	9.5%	4.2%	5.3%	7.6%	4.5%	7.8%
Other Income ⓘ +	18	14	17	17	8	9	17	18	39	35
Exceptional Items ⓘ	-3	0	0	0	0	-31	0	370	31	1
Interest ⓘ	39	33	41	23	27	28	33	31	18	17
Depreciation ⓘ	93	85	85	87	98	92	86	49	47	52
Profit Before Tax ⓘ	133	115	114	202	118	-32	56	500	117	158
Tax ⓘ	52	51	79	32	22	-9	6	90	29	40
Profit After Tax	82	64	35	170	96	-23	50	410	88	118
PAT Margin (%)	3.7%	3.0%	1.5%	6.5%	3.9%	-0.9%	1.7%	16.1%	3.5%	4.8%
Adjusted EPS (₹)	11.2	8.4	4.6	22.5	12.7	-3.0	6.6	54.2	11.6	15.6
Dividend Payout Ratio (%)	27%	36%	65%	22%	24%	-33%	30%	9%	17%	13%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Equity and Liabilities
Shareholders Fund +	505	542	549	691	759	710	751	1,146	1,189	1,289
Share Capital ⓘ	15	15	15	15	15	15	15	15	15	15
Reserves ⓘ	491	527	534	676	744	694	736	1,131	1,174	1,274
Debt +	408	394	400	269	246	299	363	200	100	100
Long Term Debt	408	394	390	102	125	200	200	200	100	100
Short Term Debt	0	0	9	167	121	99	163	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	326	365	362	430	410	574	478	467	478	454
Others Liabilities ⓘ	188	123	135	118	161	727	667	784	793	763
Total Liabilities ⓘ	1,427	1,425	1,446	1,508	1,575	2,310	2,259	2,597	2,560	2,607
Fixed Assets
Net Fixed Assets ⓘ +	465	437	518	486	561	537	479	483	598	604
Gross Block	557	615	778	816	968	1,030	1,002	1,024	1,160	1,195
Accumulated Depreciation	93	177	261	329	408	493	523	541	562	591
CWIP ⓘ	2	2	4	8	17	43	35	131	40	35
Investments ⓘ	195	137	21	61	18	1	0	80	151	194
Inventories	183	192	212	182	229	348	298	270	250	206
Trade Receivables	463	527	570	618	534	629	659	551	570	554
Cash Equivalents	31	45	48	45	67	32	43	312	176	299
Others Assets ⓘ	89	85	73	107	150	720	745	770	774	715
Total Assets ⓘ	1,427	1,425	1,446	1,508	1,575	2,310	2,259	2,597	2,560	2,607

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash Flow From Operating Activity ⓘ +	166	96	101	285	169	-28	133	274	142	238
PBT ⓘ	133	115	114	202	118	-1	56	500	117	158
Adjustment ⓘ	120	111	121	94	115	113	119	-323	30	57
Changes in Working Capital ⓘ	-27	-80	-61	49	-20	-94	-29	123	-9	14
Tax Paid ⓘ	-60	-49	-73	-60	-44	-15	-13	-27	4	9
Cash Flow From Investing Activity ⓘ +	-0	5	-30	-88	-73	-56	-90	40	-77	-156
Capex	-24	-62	-63	-55	-43	-76	-91	338	-40	-54
Net Investments	12	57	31	-33	-30	18	1	-246	-30	-112
Others ⓘ	12	10	2	1	1	2	1	-52	-7	10
Cash Flow From Financing Activity ⓘ +	-150	-87	-68	-200	-74	49	-32	-211	-161	-36
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-41	-30	-12	-289	21	123	0	0	-100	0
Interest Paid ⓘ	-34	-29	-38	-42	-23	-25	-32	-30	-19	-16
Dividend Paid ⓘ	-24	-28	-27	-27	-23	-23	-8	-15	-38	-15
Others ⓘ	-51	-0	9	158	-49	-27	8	-166	-5	-5
Net Cash Flow ⓘ	16	13	3	-3	22	-35	11	102	-96	46

Finance Ratio

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Ratios
ROE (%)	14.97	12.15	6.39	27.41	13.24	-3.09	6.8	43.2	7.54	9.54
ROCE (%)	17.87	15.63	16.12	23.23	14.59	-0.38	8.14	43	10.21	13.07
Asset Turnover Ratio	1.74	1.56	1.66	1.77	1.61	1.36	1.32	1.06	0.98	0.96
PAT to CFO Conversion(x)	2.02	1.5	2.89	1.68	1.76	N/A	2.66	0.67	1.61	2.02
Working Capital Days
Receivable Days	53	81	84	83	85	80	78	86	81	82
Inventory Days	21	31	31	27	30	40	39	40	37	33
Payable Days	60	88	83	84	95	96	88	99	99	104

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Huhtamaki India Ltd FAQs

The current trading price of Huhtamaki India on 17-Apr-2026 16:59 is ₹190.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Huhtamaki India stood at ₹1,407.7 Cr

The latest P/E ratio of Huhtamaki India as of 16-Apr-2026 is 11.91.

The latest P/B ratio of Huhtamaki India as of 16-Apr-2026 is 1.09.

The 52-week high of Huhtamaki India is ₹272.4 and the 52-week low is ₹148.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Huhtamaki India is ₹2,469 ( Cr.) .

About Huhtamaki India Ltd

Huhtamaki India Ltd. is a leading provider of primary consumer packaging & decorative labelling solutions in India, and part of Huhtamaki Oyj, a Finnish-based global food packaging major.

Packing memorable experiences together with its customers and partners since 1935, today the company has a total solutions company with a Pan-India presence, backed by 18 manufacturing sites and 5 customer support centers. The acquisitions and subsequent mergers of Webtech Labels Pvt Ltd. & Positive Packaging Industries Ltd., as well as the acquisition of the India operations of Ajanta Labels have strengthened HPPL’s leadership in flexible and labelling solutions.

With a passion to protect what is good, it offers unique pack designs and formats through a comprehensive portfolio of flexible packaging solutions. Its solutions include barrier and recyclable laminates, specialized pouching like shaped, 5 and 6 panel pouches, thermoforms, decorative labels, digitally printed laminates for pack personalization and tube laminates.

Catering to both, domestic as well as global demand, its tube laminates are designed for segments such as food, oral care, skin care, pharma and other non-food items. Its leadership in labels is built on offerings across all modern technologies such as shrink sleeves, pressure sensitive labels, metallised labels, heat transfer, in-mould and wrap-around labels. It even offers end-to-end solutions through shrink tunnels and applicators.

For the company, packaging is so much more than just what goes around a product. It’s about building brands, opening new opportunities in new markets and protecting reputations as much as products. That’s why the company has invested for the long-term, to help its customers as they develop and grow. It leverages its rich experience and strong technical capabilities to help brands serve more packaging convenience, personalisation and sustainability and keep pace with rapid change. As specialists of flexible packaging, its purpose is to help great products reach more people, more easily.

Business area of the company

The company is a global leader in sustainable packaging solutions, with more than a 100-year legacy and Nordic heritage. The company ensures hygiene and safety of food & beverages by fulfilling packaging needs that help in preserving the food and increase shelf life. It keeps food & beverages edible for longer. Thereby, reducing food waste while providing access to affordable food for consumers, wherever they are in the world. It also develops fit-for-purpose packaging integral to industries like health care, personal & home care, pet care and other nonfood solutions. To this end, it is material positive, choosing the right packaging materials based on their functionality and full-life cycle, making evidence-based decisions to drive the circular economy. The company’s product portfolio also includes tube laminates, making it a partner of choice for beauty care, oral care and the pharma industry. It brings in innovation in design through its labeling solutions portfolio.

Products range

Food packaging
Beverages
Petfood
Tube laminates
Health care
Personal care & household
Labels
Other specialties
Recyclable solutions

Awards and recognitions

2019: Dow Packaging Innovation Award for Syngenta bag-in-bag pouch and Akulon barrier and drop resistant bulk bag.
2019: India’s Most Trusted Companies Award 2019.
2019: IFCA Star Awards for Myst recyclable paper-based air-freshener pack; Bisleri two-faced jar label; Zero-stain embossed cube wraps; Easter limited-edition shampoo pack; and Royal Khajoor shaped pouch.
2019: SIES SOP Star Awards for Syngenta bag-in-bag pouch; Akulon recyclable and drop-resistant bulk bag; ID Coffee Decoction profile pouch; and Akulon barrier and drop-resistant bulk bag.
2019: 14th National Awards for Excellence in Printing Ferrero Banderolla and Royal Khajoor shaped pouch.
2019: Asian Packaging Excellence Awards for Cornetto embossed cone sleeves and Meera registered holo sachet.
2020: The Economic Times Polymers Awards for Recyclable see-through snack pack.
2020: SIES SOP Star Awards for Sticker-in-laminate and Alu-free retortable easy peel lid.
2020: The Economic Times Polymers Awards for Recyclable see-through snack pack.
2020: World Star Awards for Meera registered holograms; ID ‘Do it Yourself’ Vada batter pouch; and Syngenta bag-in-bag pouch.
2021: World Star Awards for High barrier bulk bag with extreme drop resistance; Recyclable mono-paper air-fragrance pocket; Alu-free retort and microwave-safe easy-peel lid; Coconut paste bottoms up pouch; and KitKat Celebreak glow-in-dark pack.
2021: SIES SOP Star Awards for Sticker in a laminate for brand promotions and Alu-free retort and microwave-safe easy-peel lid.
2021: IFCA Star Awards 2021 for Sticker in a laminate for brand promotions; Coconut paste bottoms-up pouch; Interactive both-side printed flow-wrap; and KitKat Celebreak glow-in-dark pack.

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Huhtamaki India Ltd (HUHTAMAKI) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Huhtamaki India Share Price