Huhtamaki India Ltd - Stock Valuation and Financial Performance

BSE: 509820 | NSE: HUHTAMAKI | Plastic Products | Small Cap

Huhtamaki India Share Price

304.85 0.20 0.07%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Huhtamaki India

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Huhtamaki India stock performance -

mw4me loader
P/E Ratio (SA):
5.62
Market Cap:
2,300.8 Cr.
52-wk low:
187.4
52-wk high:
371.3

Is Huhtamaki India Ltd an attractive stock to invest in?

1. Is Huhtamaki India Ltd a good quality company?

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

2. Is Huhtamaki India Ltd 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 Fair zone.

3. Is Huhtamaki India Ltd a good buy now?

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

10 Year X-Ray of Huhtamaki India:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Huhtamaki India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22TTM
ROCE % 13%12.2%8.6%11.5%9.3%5.8%18.2%11.8%1.5%6.4%-
Value Creation
Index
-0.1-0.1-0.4-0.2-0.3-0.60.3-0.2-0.9-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0061,1351,1512,1812,1312,3692,5992,4632,6252,9832,481
Sales YoY Gr.-12.8%1.4%89.5%-2.3%11.2%9.7%-5.2%6.6%13.6%-
Adj EPS 8.18.26.811.58.63.521.212.9-0.56.254.2
YoY Gr.-1.2%-17.2%70%-25.7%-58.8%499.4%-38.9%-104.1%NA-
BVPS (₹) 61.677.180.369.571.872.791.5100.493.999.4152.3
Adj Net
Profit
50.859.649.383.964.726.616097.7-446.9410
Cash Flow from Ops. 32.679.213616696101285169-27.7133-
Debt/CF from Ops. 0.60.232.64.2411.5-12.62.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.8%7%4.7%13.6%
Adj EPS -2.9%-6.2%-33.6%NA
BVPS5.5%6.7%2.8%5.8%
Share Price 13.2% 9.4% 3.1% 61.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22TTM
Return on
Equity %
13.712.58.615.312.24.825.513.4-0.56.443.1
Op. Profit
Mgn %
10.1910.611.510.59.411.39.84.25.47.9
Net Profit
Mgn %
55.34.33.931.16.24-0.21.616.5
Debt to
Equity
0.100.70.90.80.70.40.30.50.50.2
Working Cap
Days
971031038212612812413518120787
Cash Conv.
Cycle
3437362846544948515038

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 43.10%

Sales growth has been subdued in last 3 years 4.70%

Net Profit has been subdued in last 3 years -33.55%

Sales growth is not so good in last 4 quarters at -14.76%

Latest Financials - Huhtamaki India Ltd.

Standalone Consolidated
TTM EPS (₹) 54.2 11.2
TTM Sales (₹ Cr.) 2,481 2,154
BVPS (₹.) 152.3 0
Reserves (₹ Cr.) 1,135 660
P/BV 2.00 0.00
PE 5.62 27.20
From the Market
52 Week Low / High (₹) 187.40 / 371.30
All Time Low / High (₹) 7.20 / 387.00
Market Cap (₹ Cr.) 2,301
Equity (₹ Cr.) 15.1
Face Value (₹) 2
Industry PE 35.2

Management X-Ray of Huhtamaki India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Huhtamaki India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22
Sales1,0061,1351,1512,1812,1312,3692,5992,4632,6252,983
Operating Expenses 9071,0331,0301,9311,9112,1462,3052,2282,5152,825
Manufacturing Costs666767152155161174193203222
Material Costs7108248001,4671,4281,6081,7281,6121,8722,184
Employee Cost 778498194209235252276258254
Other Costs 535865117119142151147183166
Operating Profit 100102121250220223294234110158
Operating Profit Margin (%) 9.9%9.0%10.5%11.5%10.3%9.4%11.3%9.5%4.2%5.3%
Other Income 5913181417178917
Interest 112639334123272833
Depreciation 34363993858587989286
Exceptional Items 760-30000-310
Profit Before Tax 778168133115114202118-3256
Tax 2217195251793222-96
Profit After Tax 55654982643517096-2350
PAT Margin (%) 5.4%5.7%4.3%3.7%3.0%1.5%6.5%3.9%-0.9%1.7%
Adjusted EPS (₹)8.78.96.811.28.44.622.512.7-3.06.6
Dividend Payout Ratio (%)32%32%41%27%36%65%22%24%-33%30%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22

Equity and Liabilities

Shareholders Fund 389563587505542549691759710751
Share Capital 13151515151515151515
Reserves 377549572491527534676744694736
Minority Interest0000000000
Debt1917400408394400269246299363
Long Term Debt1917400408394390102125200200
Short Term Debt00000916712199163
Trade Payables133156153326365362430410574478
Others Liabilities 5572148188123135118161727667
Total Liabilities 5978091,2881,4271,4251,4461,5081,5752,3102,259

Fixed Assets

Gross Block5115715915576157788169681,0301,002
Accumulated Depreciation35436840593177261329408493523
Net Fixed Assets158203186465437518486561537479
CWIP 11632248174335
Investments 9422575519513721611810
Inventories899483183192212182229348298
Trade Receivables186218217463527570618534629659
Cash Equivalents 16121131454845673243
Others Assets445131898573107150720745
Total Assets 5978091,2881,4271,4251,4461,5081,5752,3102,259

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22
Cash Flow From Operating Activity 337913616696101285169-28133
PBT 777568133115114202118-156
Adjustment 32295512011112194115113119
Changes in Working Capital -45-1631-27-80-6149-20-94-29
Tax Paid -24-14-19-60-49-73-60-44-15-13
Cash Flow From Investing Activity -12-195-48205-30-88-73-56-90
Capex -21-71-27-24-62-63-55-43-76-91
Net Investments 6-132-20125731-33462181
Others 47-435121021-49221
Cash Flow From Financing Activity -20112346-150-87-68-200-7449-32
Net Proceeds from Shares 013400000000
Net Proceeds from Borrowing 000-89-27-9-285251250
Interest Paid 00-13-34-29-38-42-23-25-32
Dividend Paid -19-20-24-24-28-27-27-23-23-8
Others -1-1383-3-36154-53-288
Net Cash Flow 1-4-116133-322-3511
PARTICULARSDec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22
Ratios
ROE (%)14.7713.658.5814.9712.156.3927.4113.24-3.096.8
ROCE (%)19.816.6812.0417.8715.6316.1223.2314.59-0.388.14
Asset Turnover Ratio1.881.731.181.741.561.651.761.61.351.31
PAT to CFO Conversion(x)0.61.222.782.021.52.891.681.76N/A2.66
Working Capital Days
Receivable Days55616553818483858179
Inventory Days29282621313128304039
Payable Days64647060888384959688

Huhtamaki India Ltd Stock News

Huhtamaki India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Huhtamaki India on 28-Mar-2024 16:01 is ₹304.9.
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 28-Mar-2024 16:01 the market cap of Huhtamaki India stood at ₹2,300.8.
The latest P/E ratio of Huhtamaki India as of 28-Mar-2024 16:01 is 5.62.
The latest P/B ratio of Huhtamaki India as of 28-Mar-2024 16:01 is 2.00.
The 52-week high of Huhtamaki India is ₹371.3 and the 52-week low is ₹187.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Huhtamaki India is ₹2,481 ( 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.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.