Huhtamaki India Limited has informed the Exchange about Transcript
HUHTAMAKI · price
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Huhtamaki India reported Q2 CY'25 revenue of ₹5.9 billion, down 4.7% year-on-year but largely flat sequentially, as weak urban demand, unseasonal rains and inflationary pressures weighed on volumes. Despite the topline decline, EBITDA grew 28.7% YoY to ₹493 million and EBIT rose 37.4% YoY to ₹362 million, driven by cost-control measures, World Class Operations program and a better product mix. Profit before tax (excluding exceptional items) jumped 55% YoY to ₹331 million. Net profit came in at ₹249 million versus ₹385 million in Q2 last year, which had a one-off ₹227 million exceptional gain from the sale of land parcels in Thane. The blueloop (sustainable packaging) range contributed 27–30% of revenue, exports made up about 30–32%, and tube laminates contributed a high single-digit share. Finance costs fell 39% YoY after partial ECB repayment, with the remaining ₹1 billion ECB due in 2027. Inventory levels rose to ₹310 crore at end-June, which management expects to normalize by year-end.
Investors are seeing a mixed quarter — topline is soft, but margins are clearly expanding thanks to operational discipline, which should be supportive of stock sentiment. However, management offered no forward guidance on revenue, margins or capex and explicitly avoided several analyst questions, which may leave the street wanting more clarity on demand recovery and growth path.