Skip to content

    Huhtamaki India Limited

    Manufactures flexible packaging, labels and printing cylinders across 10 Indian plants for FMCG brands.

    Capital Goods
    Industrials
    View HUHTAMAKI earnings calls
    ₹185.85
    +6.38% from avg

    Overview

    Price

    ₹185.85

    Market Cap

    ₹2.4k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26TTM
    LiabilitiesEquity Capital151515151515151515
    Reserves6827507017421.1k1.2k1.2k1.3k1.3k
    Borrowings273295409410255149149144145
    Other Liabilities544523684584596595594567722
    Total Liabilities1.5k1.6k1.8k1.8k2.0k1.9k2.0k2.0k2.2k
    AssetsFixed Assets486561537479483598619604600
    CWIP81643351314031358
    Investments61181080151125194128
    Other Assets9599871.2k1.2k1.3k1.1k1.2k1.2k1.5k
    Total Assets1.5k1.6k1.8k1.8k2.0k1.9k2.0k2.0k2.2k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating101285169-28133274142238
    Cash from Investing-29-88-73-56-9040-77-156
    Cash from Financing-68-200-7449-32-211-161-36
    SummaryCapital Expenditure
    Free Cash Flow39229126-1044118281184
    FCF Margin

    Valuation

    Assumptions

    Current — HUHTAMAKI
    Price
    ₹186
    EPS (TTM)
    ₹16.10
    PE (TTM)
    11.5
    Profit growth
    19.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (23.3×) and current (11.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹186
    vs
    Fair value · 15% return
    ₹214
    15%Undervalued

    At 19.7% growth and a 12× exit, ₹186 only delivers your return if you pay ₹214. The price is currently baking in 17% growth.

    EPS grows 19.7%/yr for 5 years, then fades to 6% over 2, exits at 12×.

    YearGrowthEPS (₹)
    FY2719.7%19.27
    FY2819.7%23.07
    FY2919.7%27.61
    FY3019.7%33.05
    FY3119.7%39.56
    FY3212.8% ·fade44.65
    FY336.0% ·fade47.33

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Huhtamaki India Limited

    Guides on how to read this kind of business and the numbers that matter.