Huhtamaki India Reports Strong Q2 2026 Results with Net Sales Up 23.1%, Driven by Volume and Efficiencies
Huhtamaki India Limited has reported robust financial performance for the second quarter ended June 30, 2026, highlighting strong margin expansion and disciplined capital allocation amidst market challenges. The company achieved substantial year-on-year growth in net sales, EBITDA, and EBIT, as the business maintained focus on profitable execution across its operations.The improved results were attributed to a healthy combination of price and volume gains, successfully offsetting commodity inflation pressures arising from the middle east crisis. Margins remained strong, bolstered by operational efficiencies, despite factoring in a one-time impairment charge.
Financial Performance Highlights
Huhtamaki India reported significant increases across key profitability metrics for Q2 2026:- Net sales grew by 23.1% year-over-year (YoY).
- EBITDA and EBIT saw growth of 55.1% and 71.8%, respectively, compared to the previous year.
- Profit Before Tax (PBT), excluding exceptional items, increased by 77.5% YoY, while Earnings Per Share (EPS) rose by 77.3%.
The company remains focused on disciplined capital allocation and profitable growth, aligning with its global strategy. For the first half of fiscal year 2026 (H1'26), sales stood at 13,222.3, showing an increase of 11.6% compared to H1 2025. EBITDA in H1'26 was 1,385, a 39.9% rise from the 990.2 recorded in H1 2025.
A comparison of key financial metrics for Q2 2026 against Q2 2025 is detailed below:
| Metric | Q2 26 | Q2 25 | Change vs. Q2 25 |
|---|---|---|---|
| Sale of products and services | 7,286.0 | 5,919.4 | 23.1% |
| EBITDA | 764.4 | 492.7 | 55.1% |
| EBIT | 621.6 | 361.8 | 71.8% |
| Earnings in Rs. Per share* | 5.79 | 3.27 | 77.3% |
Financial Position and Operational Strength
The company maintained a stable financial position at the end of Q2 2026. The Balance Sheet reflected strong liquidity, with Net Debt reported as Nil. Cash and cash equivalents, along with other bank balances, stood at MINR 2,706. Supporting investments in liquid mutual funds totaled MINR 1,253, while unutilized fund-based limits with the bank were MINR 4,272.The overall financial health is reflected by a Debt to Equity Ratio of 0.1 and a Current Ratio of 2.2, compared to 2.4 in December 2025. Total assets stood at 22,155 at the end of Q2 26, up from 20,043 at that time last year.
| Metric | Jun-26 | Dec-25 |
|---|---|---|
| Total assets (MINR) | 22,155 | 20,043 |
| Operating working capital (MINR) | 4,643 | 3,051 |
| Net debt (MINR) | - | - |
| Total Equity (MINR) | 13,488 | 12,935 |
Focus on Sustainability and Safety
Huhtamaki India continues to place strong emphasis on safety culture and climate ambition. In terms of environmental commitments, the company maintains Zero Liquid Discharge (ZLD) across multiple plants including Khopoli, Rudrapur, and Silvassa through rigorous water treatment and reuse. Furthermore, the Taloja facility implemented MVR technology to improve wastewater recycling and water conservation.The commitment to sustainability extends to sourcing and resource efficiency. The company has expanded the use of recycled content in packaging and improved resource efficiency through packaging lightweighting. Three label plants and the Khopoli facility are certified by FSC. A dedicated focus on people includes a Family Safety Day, designed to reinforce a strong safety culture among employees.
HUHTAMAKI Stock Price Movement
As of 12:15 PM, shares of Huhtamaki India Limited are slipping by 0.76% in live trading, currently priced at ₹316.25 as the stock continues its run toward a notable 52-week high. The equity trades with robust activity, having generated over 2.6 million shares in volume while navigating the current market phase.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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